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HinduBusinessLine

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DigiHaat buyer app clocks over 3 lakh orders in 6 months

  • DigiHaat buyer app has generated a gross merchandise value (GMV) of approximately ₹5 crore since its launch.
  • The app has successfully onboarded over 2 lakh users and supported 4,727 sellers, mostly MSMEs, artisans, and Farmer Producer Organizations (FPOs).
  • DigiHaat buyer app has serviced over 2,400 pin codes across metros and India's tier 2 and tier 3 towns.
  • The platform has seen strong traction in groceries, food, and essential goods, with over 2.7 lakh orders in grocery alone.

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Bloomberg Quint

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Stock Recommendations Today: Wipro, Adani Ports, Angel One, Bharti Airtel, IndiGo On Brokerages' Radar

  • Wipro Ltd. faced negative brokerage commentary after issuing weaker-than-expected revenue guidance and highlighting client uncertainty due to global tariff concerns.
  • Brokerages like Citi, BofA Securities, and Investec trimmed price targets and earnings estimates for Wipro, anticipating another challenging year for the tech major.
  • Morgan Stanley adjusted targets for consumer discretionary names, supporting disruptors like Trent Ltd. and raising price targets for Interglobe Aviation Ltd. in the travel sector.
  • Analysts shared their recommendations on various stocks, with Citi retaining a 'sell' rating on Wipro and BofA Securities expecting a growth catch-up in the future.
  • Morgan Stanley analyzed companies like Vedant Fashions, Aditya Birla Fashion, Trent, and Brainbees Solutions within the consumer discretionary segment, favoring businesses with strong competitive advantages.
  • Adani Ports received positive feedback from Morgan Stanley for its resilient business model and strategy to reduce Ebitda sensitivity to cargo volumes.
  • Angel One was recommended as a 'buy' by Investec, with noted earnings growth weaknesses in the upcoming fiscal year.
  • HSBC raised the price target on InterGlobe Aviation and noted strong trading trends in the travel and hospitality sector.
  • Bharti Airtel was highlighted by Bernstein as a top pick in the telecom sector, supported by strong defensive attributes and ongoing deleveraging.
  • UBS shared insights on the Mirabegron litigation outcome, indicating potential challenges for Zydus and Lupin in the pharmaceutical space.

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Bloomberg Quint

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Stock Market Live: GIFT Nifty Implies Higher Open; Angle One, Wipro, Lupin, Paytm Share Prices In Focus

  • Gold prices hit a record high again due to uncertainty over international trade and the US Federal Reserve's indication of no hurry to reduce interest rates.
  • Oil prices rose for a second day as the US vowed to pressure Iran's oil exports and oil inventory declined at Cushing Oklahoma.
  • Most markets in the Asia-Pacific region traded higher on progress in trade talks between the US and Japan.
  • US share indices fell as concerns over the impact of US tariffs and Federal Reserve Chair Jerome Powell's comments on interest rates rose.

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Bloomberg Quint

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Oil Rises A Second Day After US Cracks Down On Iranian Supply

  • Oil rose for a second day after the US vowed to reduce Iran’s energy exports to zero.
  • Brent crude climbed above $66 a barrel after advancing almost 2% on Wednesday.
  • The US Treasury Department sanctioned a Chinese refinery accused of handling Iranian crude.
  • Iran warned that nuclear talks with Washington may fall apart if the Trump administration 'moves the goalposts'.

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Bloomberg Quint

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Can There Be A Dedicated Index For Young, Listed Startups?

  • Startups have become mainstream with around 40 digital-first companies now listed.
  • Some experts are backing the idea of a dedicated index for digital and new-age businesses.
  • Nifty India Digital is an example of an existing index for such businesses.
  • Investors are embracing the 'promise' of these startups.

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Bloomberg Quint

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Infosys, HDFC Life Q4 Results Today — Earnings Estimates

  • Infosys is expected to see a 0.9% rise in revenue to Rs 42,144 crore compared to Rs 41,764 crore in the previous quarter.
  • The net profit of Infosys is likely to decline by 1.3% sequentially to Rs 6,716 crore.
  • HDFC Life Insurance is expected to see a 14.6% uptick in the annual premium equivalent.
  • The value of new business premium for HDFC Life Insurance is estimated to be Rs 1,400 crore, indicating a 13.7% uptick from the previous year.

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Bloomberg Quint

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Stock Market Today: All You Need To Know Going Into Trade On April 17

  • Indian benchmark indices closed higher for the third consecutive session with NSE Nifty 50 up by 0.47% and BSE Sensex up by 0.4% on Wednesday.
  • Foreign portfolio investors continued as net buyers of Indian equities, while domestic institutional investors were net sellers on Wednesday.
  • Key earnings post-market hours included updates from companies like Wipro, Waaree Renewable Technologies, Angel One, and GTPL Hathway.
  • Stocks to watch include Zydus Lifesciences, Lupin, One 97 Communications, Gensol Engineering, UltraTech Cement, DLF, and others.
  • Notable market developments include ongoing investments, acquisitions, agreements, dividend announcements, and trading tweaks in various companies.
  • Bulk/block deals involved companies like Gensol Engineering and Sami Hotels, with trading tweaks seen in securities like Garware Hi-Tech Films Ltd.
  • In the F&O segment, Nifty April Futures rose, open interest fell, and specific securities were put under the F&O ban category.
  • The Indian rupee strengthened against the US dollar, closing at 85.68 on Wednesday, supported by factors like easing inflation and lower oil prices.
  • Overall, the stock market landscape showed positive movements in key indices and various corporate actions influencing investor sentiment.
  • Market participants should closely monitor these developments and company-specific news for potential investment opportunities or risks.

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The Total Entrepreneurs

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Unlimited Dollar Virtual Cards With Cashback

  • Spend.net offers virtual USD cards without traditional banking restrictions.
  • Users earn 1% cashback on every transaction, applicable to all online purchases.
  • Spend.net cards are designed for media buying and personal expenses.
  • Fees are flexible, with zero charges on most transactions and top-ups.

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TechBullion

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PEPE Eyes 127% Surge and TAO Drops 66%—But BlockDAG’s X1 App Rises With 1M Miners on Board

  • PEPE is testing a key support level at $0.000005833, which could trigger a bounce or a further drop in price.
  • Bittensor (TAO) price is down 66% over the past year and is showing little sign of a near-term reversal.
  • BlockDAG's X1 Miner app has reached 1 million users, with users able to earn BDAG coins daily from their phones.
  • BlockDAG's presale has raised $214 million, with BDAG priced at $0.0248 and a potential forecast of $1 by 2025.

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VentureBeat

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Swapping LLMs isn’t plug-and-play: Inside the hidden cost of model migration

  • Swapping large language models (LLMs) is not as simple as changing an API key, as each model interprets and responds to prompts differently.
  • Cross-model migration involves considering tokenizer quirks, formatting preferences, response structures, and context window performance.
  • Model choices based solely on per-token costs can be misleading, as tokenization costs can vary between different models.
  • Prompt formatting, such as the use of markdown or XML tags, can significantly impact model performance and should be considered during model migration.

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Zycrypto

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FFGI Announces Upcoming ERC-20 FFG Token

  • Film Finance Group International (FFGI) has announced the upcoming launch of its FFG Token ($FFG), an ERC-20 utility token for film funding.
  • The token aims to address transparency and trust issues within independent film finance and is backed by real-world production workflows integrated with blockchain-based infrastructure.
  • With a capped supply of 1 billion tokens, FFGI will conduct public offerings and community activations to fund curated film projects.
  • The token introduces milestone-based funding, verifiable payouts, and investor control, promoting accountability and reducing risk for participants.

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TechBullion

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DOGE ETF Filing Cause Bullish Turn, Cardano Loses Holders While BlockDAG Expands Global Reach as Presale Hits $214M

  • The filing of a Dogecoin (DOGE) ETF has caused a price surge and increased interest in its potential.
  • Cardano (ADA) has experienced a decline, leading holders to explore newer crypto platforms.
  • BlockDAG (BDAG) is expanding its global reach through participation in crypto conferences, while its presale has reached $214 million.
  • The future of Dogecoin and Cardano is uncertain, with factors such as ETF approval and competition from DeFi platforms influencing their price predictions.

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Medium

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Microsoft Fabric: A Unified Data Platform for the AI Era

  • Microsoft Fabric is a unified data platform for the AI era.
  • Fabric consolidates multiple standalone services including Power BI Premium, Azure Data Factory, Azure Synapse Data Engineering and Data Science, Azure Synapse Data Warehouse (SQL), and Real-time Analytics and Data Activator.
  • It is built on top of OneLake, a multi-cloud data lakehouse, and provides open-at-every-layer engines, unified governance and security, and AI-native capabilities.
  • The target market for Microsoft Fabric includes enterprise analytics & BI, data engineering, data science & ML, streaming & real-time insights, and industry solutions.

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Bitcoinsensus

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Russia Considers Creating Its Stablecoin Following the Freeze of USDT Wallets

  • Russia is considering creating its stablecoin following the freeze of USDT wallets linked to Russian organizations.
  • The initiative aims to achieve financial independence amid tightening restrictions from Western sanctions.
  • The recent freeze of USDT wallets on the Russian crypto exchange Garantex led to the need for internal alternatives to stablecoins.
  • The development of a Russian stablecoin could enhance the resilience of the economy under international sanctions and restrictions.

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Baystreet

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TSX Loses Steam by Wednesday Close

  • The TSX Composite Index gained 38.86 points to conclude Wednesday at 24,106.79.
  • Gold stocks, led by Iamgold and Torex Gold, were the key gainers.
  • In contrast, industrials, information technology, and consumer discretionary stocks declined.
  • On Wall Street, stocks fell sharply due to a warning from Nvidia and concerns about the economic impact of tariffs.

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