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Bloomberg Quint

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Reliance Industrial Infrastructure Board Recommends Dividend Of Rs 3.5

  • The board of Reliance Industrial Infrastructure Ltd. has recommended a dividend of Rs 3.50 per equity share of Rs 10 for the financial year that ended on March 31, 2025.
  • The audited financial statements, both consolidated and standalone, for the financial year 2025 were approved in the board meeting that took place on April 16.
  • RIIL had reported over a 25% dip in its net profit for the third quarter.
  • RIIL provides infrastructure support services to Reliance Industries Group.

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Bloomberg Quint

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FPIs Stay Net Buyers For A Second Session, Mop Up Equities Worth Rs 3,936 Crore

  • Foreign portfolio investors (FPIs) stayed net buyers of Indian equities for the second consecutive session, acquiring stocks worth Rs 3,936.42 crore.
  • The domestic institutional investors, on the other hand, remained net sellers for the second day, offloading equities worth Rs 2,512.77 crore.
  • In April, FPIs have sold shares worth Rs 33,927 crore, while in 2025 so far, they have offloaded equities worth Rs 1.43 lakh crore.
  • The NSE Nifty 50 closed 0.47% higher at 23,437, and the BSE Sensex settled 0.40% higher at 77,044.

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Crypto-News-Flash

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XRP News: Xrpturbo Liquid Staking Goes Live As First Staking Snapshot Is Taken—Here’s How To Earn From XRP’s Hottest New Launchpad

  • XRPTurbo, the first AI and Real-World Asset (RWA) launchpad for the XRP Ledger, has launched its staking rewards.
  • Holders of $XRT can earn a portion of the monthly 1,000,000 XRT reward pool by keeping their tokens untouched in their wallet during the staking period.
  • The more $XRT you hold and the earlier you start, the larger your portion of the reward pool.
  • XRPTurbo aims to become the go-to launchpad for DeFi and tokenization on the XRP Ledger, offering priority access to launchpad projects and monthly rewards.

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TechBullion

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Emt collaboration with UAE Cyber Security Council and GISEC 2025 to present Cyber Escape Room Experience

  • emt, in collaboration with the UAE Cyber Security Council, will present the Cyber Escape Room Experience at GISEC 2025 exhibition in Dubai.
  • The Cyber Escape Experience is an exclusive and immersive event that challenges participants to solve cybersecurity-related puzzles in a race against time.
  • Through the event, emt aims to promote cybersecurity awareness and engagement and showcase its latest cybersecurity technologies and solutions.
  • The event will be a key highlight of GISEC 2025, the largest cybersecurity event in the Middle East.

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HinduBusinessLine

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 India accounted for nearly 7 per cent of total ad accounts suspended on Google

  • Google removed 5.1 billion ads and suspended 39.2 million advertiser accounts globally.
  • In India, Google removed 247.4 million ads and suspended 2.9 million advertiser accounts.
  • Financial services, trademark, ad network abuse, personalized ads, and gambling and games were the top five policy violations in India.
  • Globally, Google restricted over 9.1 billion ads, blocked/restricted ads on 1.3 billion publisher pages, and took site-level enforcement action on over 220,000 publisher sites.

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HinduBusinessLine

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India accounted for nearly 7 per cent of total ad accounts suspended on Google

  • Google removed 247.4 million ads and suspended 2.9 million ad accounts in India.
  • Globally, Google removed 5.1 billion ads and suspended over 39.2 million advertiser accounts.
  • Financial services, trademark, ad network abuse, personalised ads, and gambling and games are the top policy violations in India.
  • Google restricted over 9.1 billion ads and took enforcement actions on 1.3 billion publisher pages globally.

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TechBullion

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Emt Announced as Gold Sponsor at GISEC 2025

  • Emt has announced its participation as a Gold Sponsor at GISEC Global 2025, a premier cybersecurity exhibition and conference in the Middle East.
  • Emt will showcase its technology partners Heimdal, Progress, Resecurity, SecureG, and other innovators in the field of cyber defense and digital transformation.
  • The company plans to host keynote sessions, technology presentations, and interactive experiences like the Cyber Escape Room at the event.
  • Emt is a globally recognized leader in cybersecurity solutions, offering customized tools and services to address modern cyber threats.

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Livebitcoinnews

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Short-Term Goldmines: Discover the 7 Best Cryptos to Invest in for Short Term Before They Surge

  • Qubetics, a Web3 aggregator, is gaining attention as a high-potential altcoin for short-term gains with real-world utility.
  • With its Non-Custodial Multi-Chain Wallet, Qubetics offers control over digital assets with full ownership and efficiency.
  • Qubetics' presale at Stage 30 boasts significant token sales and potential ROIs of up to 2,789.31% at higher price points.
  • SUI, focused on ecosystem growth, lacks short-term price action despite solid development initiatives.
  • SEI faces legal turmoil, affecting its short-term position despite technical efficiency and speed.
  • Solana gains momentum due to ETF speculation and technical factors, offering short-term potential amid market shifts.
  • Monero remains a reliable privacy coin with consistent demand, suitable for stability but potentially lacks high short-term growth.
  • Cardano's slow but deliberate approach raises questions about immediate price momentum despite positive developments and high staking rates.
  • Polygon quietly builds enterprise adoption and zk-rollup tech, with potential for a surprise rally despite current underperformance.
  • Qubetics emerges as the standout for short-term gains among other reviewed coins, offering substantial growth potential with its unique features.

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Bloomberg Quint

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Wipro ADR Down Over 6% After Q4 Results, Lower Revenue Guidance

  • Wipro ADR slid 6.7% in the US after the company's earnings outlook for the June quarter caused disappointment.
  • Wipro's outlook for Q1FY26 remains muted with a degrowth of 3.5% to 1.5%.
  • The company expects revenue from IT services to be in the range of $2,505 million to $2,557 million.
  • Wipro's Q4 consolidated revenue rose 0.8% sequentially to Rs 22,504.2 crore.

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HinduBusinessLine

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On the rise: India’s trade surplus with the US, deficit with China

  • India's trade deficit with China widened to $99.2 billion in FY25.
  • India's exports to the US in FY25 increased by 11.59% to $86.51 billion.
  • Imports of American goods by India increased by 7.44% to $45.33 billion in FY25.
  • Despite quality control measures, India's imports from China increased by 11.52% in FY25 to $113.45 billion.

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HinduBusinessLine

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EaseMyTrip’s Co-founder Nishant Pitti premises searched by ED in Mahadev online app case

  • The premises of EaseMyTrip's co-founder Nishant Pitti were searched by the Enforcement Directorate (ED) regarding the Mahadev online app case.
  • Investigators suspect that proceeds from the illegal operations of the Mahadev app went to entities linked to EaseMyTrip's co-founder.
  • The ED claims that the projected proceeds of the crime in the Mahadev app case are about ₹6,000 crore.
  • 55 locations, including Delhi, Mumbai, and Chennai, were covered in the country-wide searches conducted by the ED.

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Baystreet

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S&P Plummet as Nvidia Drops

  • Stocks, including the S&P 500, tumbled as Nvidia's warning weighed on global tech.
  • Nvidia announced a $5.5 billion quarterly charge due to export issues with China and other countries.
  • Chipmakers, including AMD and Micron Technology, declined following Nvidia's announcement.
  • Big tech companies such as Meta Platforms, Alphabet, and Tesla also experienced declines.

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Baystreet

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Why XRP Has Tenfold in Upside

  • Standard Chartered predicts XRP-USD will top $12.50 by 2029, citing a change in SEC leadership.
  • XRP has the potential to benefit from a favorable regulatory environment and an increase in cross-border payments volumes.
  • Traditional fintech firms like SoFi, PayPal, Square, and Global Payments are on a downtrend.
  • Conservative investors skeptical of XRP may consider traditional bank firms like JPMorgan, Goldman Sachs, Citigroup, Bank of America, and Wells Fargo.

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TechBullion

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Dubai is hosting a side event about DeFAI and Restaking

  • Dubai is hosting a side event on April 30, called DeFAI & Restaking Day, which focuses on cross-chain dialogue between Ethereum, Solana, and Bitcoin.
  • The event will explore the perspectives on restaking and DeFAI, with a lineup of speakers from prominent organizations in the industry.
  • DeFAI & Restaking Day aims to showcase the ongoing evolution and maturation of the restaking narrative in the blockchain space.
  • The event will delve into topics such as the integration of restaking with ecosystems like Solana and Bitcoin, as well as the intersection of DeFi and artificial intelligence.

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TechBullion

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Why Landlords Didn’t Panic: Stability of Rental Income in Crisis

  • Rental income remained stable in 2020, despite the economic volatility worldwide.
  • Landlords with professionally managed residential assets continued to receive monthly payments.
  • Tenants prioritized rent as a necessary expense, supported by tenant protections, subsidies, and personal savings.
  • Investors with exposure to well-managed rental portfolios experienced stability and reassurance during the crisis.

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