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TheNewsCrypto
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Ozak AI Just Hit $1M in Presale — Here’s Why More Investors Are Rushing In
- Ozak AI, a utility-driven crypto project, has raised over $1 million in its presale phase.
- The project combines artificial intelligence and blockchain technology to deliver real-world solutions.
- Ozak AI aims to democratize AI by creating a decentralized ecosystem for developers and businesses.
- The project is gaining traction among retail investors and crypto whales, positioning itself as a top project for explosive growth.
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HinduBusinessLine
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Image Credit: HinduBusinessLine
Gensol Engineering independent director Arun Menon resigns
- Arun Menon, independent director of Gensol Engineering, has resigned.
- He expressed concern about leveraging the company's balance sheet to fund other businesses and the sustainability of high debt costs.
- His resignation came after Sebi barred Gensol Engineering and its promoters from the securities market due to fund diversion and governance lapses.
- Sebi will appoint a forensic auditor to examine the company's books of accounts.
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Livebitcoinnews
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From Ethereum to Ozak AI: Why Whales Are Shifting Capital Into This $0.003 Token
- "Ozak AI" is seeing a shift of whale capital away from Ethereum towards promising AI-driven blockchain projects like Ozak AI (OZ).
- Ozak AI is becoming one of the most talked-about AI blockchain projects of 2025, with over $1 million raised in its presale.
- Ozak AI aims to decentralize AI access, create autonomous systems, and capture a share of the growing blockchain-based AI market.
- Analysts project that OZ could potentially reach $1 or more by launch, offering early investors a potential 300x return on their investment.
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Cryptopotato
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Image Credit: Cryptopotato
PrimeXBT Launches Instant Crypto-to-USD Exchange
- PrimeXBT, a regulated multi-asset broker, has launched crypto-to-USD exchange functionality.
- Users can convert between USD and major stablecoins directly within their wallets.
- The new feature offers faster conversions, instant wallet-based transactions, and full control over capital movement.
- PrimeXBT aims to bridge the gap between traditional banking systems and the digital asset economy.
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HinduBusinessLine
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Image Credit: HinduBusinessLine
Shrimp exporters seek govt help as US set to review anti-dumping, countervailing duties
- Indian shrimp exporters are seeking government assistance as the US plans to review anti-dumping and countervailing duties.
- Exporters argue that the US formula to calculate the duties is incorrect and distorts the margin of dumping.
- They request the government to support them by reintroducing the Transport and Marketing Assistance (TMA) scheme.
- India's seafood exports face tough competition from Ecuador and Vietnam in the American market.
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Guardian
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Image Credit: Guardian
Polish parcel locker network InPost buys UK delivery firm Yodel for £106m
- Polish parcel locker firm InPost has acquired UK delivery company Yodel in a £106m deal.
- The acquisition will create the third-largest independent delivery business serving online retailers in Britain.
- InPost aims to combine its drop-off and collection network with Yodel's home delivery capabilities.
- The deal will expand InPost's presence in the UK, increasing its market share from 2% to 8%.
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Bloomberg Quint
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Image Credit: Bloomberg Quint
Heard On The Street: Dealers Spot Action In Maruti Suzuki, JSPL, Axis Bank, SpiceJet And Colgate
- Dealing rooms flagged major institutional activity in Maruti Suzuki, JSPL, Axis Bank, SpiceJet, and Colgate ahead of the companies’ Q4 results and earnings updates.
- Maruti Suzuki: Domestic institutional investors have been seen selling shares ahead of the Q4 earnings.
- JSPL: Foreign broker Morgan Stanley downgraded its rating on JSPL, but the share prices jumped on the back of buying by high-net-worth individuals.
- Axis Bank: Dealers indicate strong buy flows on an institutional desk, with expectations for better performance compared to its larger peers.
- SpiceJet and Colgate India: Multiple dealing rooms give positional buy calls, with expectations of strong Q4 performance for SpiceJet and improved Q4 performance for Colgate India.
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TronWeekly
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Image Credit: TronWeekly
Institutional Interest Snubs Dogecoin (DOGE) For Hedara (HBAR) and Remittix (RTX)
- Institutional interest is shifting away from Dogecoin (DOGE), with investors flocking to Hedera (HBAR) and Remittix (RTX) in April 2025.
- HBAR has experienced a significant price increase to $0.16, driven by integration with Nvidia and Chainlink CCIP integration, indicating overall crypto trend towards institutional adoption.
- Analysts are optimistic about HBAR's trajectory, forecasting a price of $0.1703-$0.2220 in April 2025 and a potential $0.50 breakout in November.
- Dogecoin (DOGE) is facing challenges despite strong support from users, with the recent decline to $0.153 and concerns about trade tariffs impacting the market.
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Bloomberg Quint
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Image Credit: Bloomberg Quint
Thala, For What Reason? Dhoni, Deepika And Other Marquee Investors Behind BluSmart's Rise
- Gensol's Jaggis were smart enough to have brought in investments from MS Dhoni and Deepika Padukone's family offices.
- BluSmart's services were unavailable across Delhi, Mumbai, and Bengaluru after SEBI's interim order.
- BluSmart raised funds from investors including Deepika Padukone's family office and MS Dhoni's family office.
- BluSmart's ties with Gensol are revealed in the latter's annual report, with contracts worth over Rs 148 crore.
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Bloomberg Quint
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Image Credit: Bloomberg Quint
Don't Panic: Money In Your BluSmart Wallet Is Safe
- Customers panicking about money stuck in BluSmart Mobility wallet need not worry, as Reserve Bank of India regulations provide certain safety nets that could protect such funds.
- BluSmart halted acceptance of ride bookings in metro cities after an investigation into alleged financial misconduct by Co-founder Anmol Jaggi.
- Some customers have received emails stating that the balances in their wallet will be refunded in five to seven working days, although an official announcement from the company is yet to be made.
- Wallet businesses in India are generally considered safe as they are regulated by the Reserve Bank of India and follow certain guidelines for customer protection.
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HinduBusinessLine
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Image Credit: HinduBusinessLine
Suzlon bags 100.8 MW wind energy order from Sunsure Energy
- Suzlon has secured a 100.8 MW wind energy order from Sunsure Energy.
- The project will be executed in Maharashtra's Jath region.
- Suzlon will supply 48 state-of-the-art S120 wind turbine generators (WTGs) with Hybrid Lattice Towers (HLT).
- The project will enhance Sunsure Energy's renewables portfolio and deliver round-the-clock power to customers in Maharashtra.
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Startupreporter
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Image Credit: Startupreporter
How Jayaram Devasamudra Turned His Chartered Accountant Career Into a Film Industry Success!
- Jayaram Devasamudra, a chartered accountant, followed his passion for cinema and founded Suram Movies to fulfill his dream of being part of the film industry.
- Suram Movies is not just a production company, but a place for new actors, writers, and directors to showcase their talent.
- With the support of his dedicated team, Jayaram is focused on making films that are emotional, beautiful, and meaningful.
- His vision is to make Suram Movies a platform where the magic of cinema can touch people's hearts globally.
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TechBullion
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Image Credit: TechBullion
Cables Sets a New Standard for Onchain Community: Focusing on Utility, Ownership, and Global Liquidity
- Cables is reshaping the concept of community in the Web3 space by prioritizing genuine engagement over superficial metrics.
- The platform launched its Points Program to reward early contributors focused on building liquidity and utility.
- Cables aims to create a decentralized exchange blending liquid staking with perpetual futures trading for global assets.
- By eliminating complexity and attracting liquidity, Cables plans to streamline value creation for users.
- The project seeks to serve diverse global markets like Asia and Europe, moving away from a USD-centric model.
- Cables values participation over speculation, rewarding users who actively contribute to the ecosystem's growth.
- The Liquidity Flywheel design of Cables emphasizes strengthening the platform through user engagement.
- With increased liquidity, Cables expects improved trading efficiency, order matching, and lower transaction costs.
- The Alpha Phase of the Points Program has seen high user engagement, indicating strong early interest in Cables' vision.
- Cables envisions a global movement focused on earning, trading, and owning assets together in a decentralized manner.
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Bloomberg Quint
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Image Credit: Bloomberg Quint
Fitch Ratings Lowers India's Growth Forecast Amid Global Trade War Escalations
- Fitch Ratings has lowered India's GDP growth estimate for the current fiscal year to 6.4%, citing concerns over a severe escalation in the global trade war.
- The projections for the next financial year remain unchanged.
- Fitch also lowered its global growth projections for 2025 by 0.4 percentage points and cut growth estimates for China and the US by 0.5 percentage points from its March GEO.
- The US GDP growth rate is expected to stay positive at 1.2% for 2025, while China's growth is projected to fall below 4% and growth in the eurozone is anticipated to remain below 1%.
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HinduBusinessLine
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Image Credit: HinduBusinessLine
BluSmart suspends services across metros amid SEBI probe into co-founder
- BluSmart app, offering more than 8,000 taxis in three metros, suspended services amid SEBI probe into its co-founders.
- The suspension puts the livelihood of drivers at risk and has led to customer frustration on social media.
- SEBI banned the co-founders of listed renewable energy company Gensol and ordered a forensic investigation.
- BluSmart assured customers of refund within 90 days if services do not resume before that.
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