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Bloomberg Quint
4d
259
Image Credit: Bloomberg Quint
Federal Bank Too Cuts Interest On Savings Account By 25 Basis Points
- Federal Bank has cut the interest rate on savings accounts by 25 basis points to 2.75%.
- Savings account balances between Rs 50 lakh and Rs 5 crore will now fetch 3.50% interest annually.
- Other private sector banks, such as HDFC Bank, Axis Bank, and ICICI Bank, have also cut interest rates on savings accounts by 25 bps to 2.75%.
- The move is in response to the Reserve Bank of India's repo rate cut and aims to benefit banks on the margin front.
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HinduBusinessLine
4d
1.1k
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UST opens new facility with 300 seats in Bengaluru, fourth in city
- UST has opened a new facility with 300 seats in Bengaluru, marking the company's fourth office in the city.
- The facility aims to provide convenient workspaces for employees, reducing commute fatigue and fostering innovation and productivity.
- Located in Bengaluru's northern tech hub, the facility features a crèche and a café, with seamless connectivity to major transportation hubs.
- UST's Bengaluru delivery centre currently accommodates over 6,500 employees, serving multiple sectors such as semiconductor, healthcare, and retail.
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Bloomberg Quint
4d
336
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Wipro Q4 Result Review— Downtrend In Revenue Growth Continues With Yet Another Weak Guidance: ICICI Securities
- Wipro Q4 result review shows a downtrend in revenue growth and weak guidance.
- ICICI Securities maintains a Reduce rating on Wipro and values it at 18x with a revised target price of Rs 230.
- Wipro's Q1FY26 guidance indicates a -3.5% to -1.5% QoQ CC growth, the weakest ever QoQ growth.
- The weak guidance suggests another year of revenue decline for Wipro in FY26.
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Bloomberg Quint
4d
342
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Hitachi Energy In The Catbird Seat; ICICI Securities Initiates Coverage With 'Buy', Sees 31% Upside
- ICICI Securities initiates coverage on Hitachi Energy with a 'Buy' rating.
- ICICI Securities expects Hitachi Energy's revenues/Ebitda/profit to grow at 38%/72%/96% CAGRs over FY24–27E.
- The target price for Hitachi Energy is set at Rs 16,617.
- Hitachi Energy India Ltd. is in a favorable position to benefit from rising investments with a strong order outlook and improving margins.
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HinduBusinessLine
4d
1.5k
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Sify inaugurates its largest AI-ready data centre campus in Chennai
- Sify has inaugurated its largest AI-ready data centre campus in Chennai.
- The data centre has a planned capacity of 130 MW and features an on-site open cable landing station for enhanced global connectivity.
- Sify aims to power the data centre with renewable energy and manage it using sustainable building management practices.
- The total investment in the campus will be around ₹10,000 crore, with Sify investing ₹2,500 crore.
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Entrepreneurshiplife
4d
247
Image Credit: Entrepreneurshiplife
The Growing Opportunity in the Hearing Aids Business
- Hearing aid sales are increasing globally as people live longer, prioritize hearing health, and benefit from advancing technology.
- Entrepreneurs, audiologists, and clinics are finding new opportunities to enter the market, especially in places like Toronto where demand for high-quality hearing aids is growing.
- The aging population in Canada is driving the need for hearing aids, with nearly 20% of Canadians being 65 years or older.
- Younger individuals are also seeking audiology services earlier due to exposure to loud environments, leading to a demand for modern, lifestyle-friendly hearing aids.
- Technological advancements like AI and Bluetooth have transformed hearing aids, offering features like sound adjustment, music streaming, and smartphone connectivity.
- Local, personalized care is crucial in the competitive hearing aid business, with Toronto-based shops focusing on consultations, custom fittings, and ongoing support.
- Starting a hearing aid business requires investment in clinic space, diagnostic tools, marketing, and trained audiologists, with opportunities for mobile services and franchising existing brands.
- Digital marketing and community engagement play important roles in building trust and visibility for hearing aid businesses, along with providing educational content and free services.
- Continued innovation in hearing aid technology, including reusable batteries and tele-audiology, is expected to shape the future market, emphasizing the importance of quick adaptation and customer experience.
- The evolving landscape of the hearing aid industry highlights the shift towards holistic hearing health services and the potential for growth and profitability through personalized care and technological advancements.
- The article underscores the significant opportunities present in the hearing aid business, driven by changing demographics, technological advancements, and increasing awareness about hearing health.
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Bloomberg Quint
4d
207
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Cello Share Price Rises Over 7% After Kotak Upgrades Stock To ‘Buy’
- Cello World stock rose over 7% after Kotak upgraded the stock to 'buy'.
- Kotak attributed the recent stock correction to weak growth trends and delays in commissioning its glass furnace.
- The brokerage cut its revenue and margin estimates, resulting in a lower earnings per share forecast for Cello World.
- Kotak flagged rising competition in the opalware segment but believes volume growth will cushion the impact on realizations.
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TechJuice
4d
0
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Auto Financing in Pakistan Sees Notable Uptick, Reaches Rs257bn in March
- Auto financing in Pakistan reached Rs257.36 billion in March, marking a 3.43% increase from the previous month.
- Car financing rose by 7.49% YoY, despite economic challenges.
- Housing finance declined by 3.08% YoY.
- Overall consumer financing increased by 8.25% compared to last year.
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HinduBusinessLine
4d
255
Image Credit: HinduBusinessLine
Waaree Renewables shares hit fresh high as Q4 profit jumps 83%
- Waaree Renewables recorded a consolidated net profit of ₹93.76 crore in March 2025 quarter.
- Revenue from operations increased by 74% to ₹476.57 crore in the same quarter.
- The total income rose to ₹481.43 crore from ₹275.35 crore in the previous year's corresponding quarter.
- The stock of Waaree Renewables traded 11.25% higher at ₹1,141.90, reaching a 52-week high of ₹1,170.
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HinduBusinessLine
4d
231
Image Credit: HinduBusinessLine
Rural consumers display price sensitivity, rise in adoption of digital platforms: Report
- Rising household expenses in rural India are leading to tighter monthly budgets, with growing financial concerns and limited room for savings.
- Price sensitivity among rural consumers is consistently increasing, indicating greater price consciousness in purchasing decisions.
- Rural Indians are diversifying their media consumption habits, with a shift towards online platforms, including social media, video content, and instant messaging.
- Traditional media such as TV and newspapers remain the most trusted sources, while social media and influencers are seen as less reliable, especially among older and higher-income groups.
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Bloomberg Quint
4d
52
Image Credit: Bloomberg Quint
Google Pixel 9a Vs Pixel 9: Your Wallet Will Spot The Difference
- Google Pixel 9a is being compared to Pixel 9, offering flagship features at a mid-range price.
- The Pixel 9a and Pixel 9 have similar performance and screen quality.
- While the Pixel 9 has a more premium build, the Pixel 9a is lighter and still sturdy in hand.
- There is a slight difference in camera specifications, but the Pixel 9a comes at a significantly lower price.
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Crypto-News-Flash
4d
1
Image Credit: Crypto-News-Flash
Start trade crypto with Veles Finance trading bot
- Veles Finance is a platform for cryptocurrency trading bots.
- Despite market challenges, Veles Finance users achieved notable success with a trading volume of $620 million and user profits totaling $2.2 million in March 2025.
- Veles Finance introduced new features such as the 'Close at Market' feature, the 'Vega' strategy, and advanced backtesting options.
- Veles Finance is a platform dedicated to developing automated trading bots for the cryptocurrency market, with a user base exceeding 250,000 traders globally.
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Bloomberg Quint
4d
7
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Sonata Software Share Price Tumbles On Lower Q4 Revenue Expectation
- Share price of Sonata Software Ltd. tumbled on Thursday, after its largest client expects a cut in Q4 revenue.
- Sonata Software's international revenue during Q3 stood at $87 million, growing 2.8% QoQ and 3.9% YoY in constant currency terms.
- The company's management expects a sequential revenue decline of 2.5% to 3.5% in Q4 due to unplanned ramp down and a one-time discount.
- Shares of Sonata Software fell as much as 14.04% to Rs 288 apiece, setting a new low since April 7.
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Bloomberg Quint
4d
219
Image Credit: Bloomberg Quint
Wipro Q4 Results Review — Weak Guidance Amid Economic Uncertainty; HDFC Securities Retains 'Reduce', Cuts TP
- Wipro Q4 Results Review — Weak Guidance Amid Economic Uncertainty
- HDFC Securities retains 'Reduce' rating on the stock
- Wipro's revenue guidance for Q1 FY26E disappointing at -3.5% to -1.5% QoQ CC
- Clients becoming cautious leading to potential delays in decision-making and pauses in projects
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HinduBusinessLine
4d
174
Image Credit: HinduBusinessLine
Nifty Bank prediction today – April 17, 2025: Uptrend steady, consider long positions
- ICICI Bank is the top gainer, up 1.8%, while IDFC First Bank is the top loser, down 0.5%.
- Nifty Private Bank has advanced about 0.4% and Nifty PSU Bank is up 0.25%.
- Nifty Bank futures are trading at around 53,400, up 0.6%.
- The prevailing uptrend is strong and steady, with potential barriers at 54,000 and 54,200.
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