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Bloomberg Quint
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IndiGo Q4 Results Preview: Expect Stronger Than Usual Quarter Boosting FY26 Outlook — ICICI Securities
- IndiGo is expected to have a stronger than usual quarter in Q4, boosting its FY26 outlook, according to ICICI Securities.
- ICICI Securities has a structurally positive view on IndiGo due to its cost competitiveness, robust orderbook, and strong balance sheet.
- Total passengers for IndiGo in January 2025 stood at 10.91 million, split between 9.52 million for domestic and 1.39 million for international.
- In February 2025, domestic passengers for IndiGo stood at 8.94 million.
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Bloomberg Quint
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Warning To Conscience Keepers Of A Company
- The institution of independent directors is of paramount importance in the corporate governance of a company.
- Their role is continuously stressed to set and maintain standards of corporate governance.
- Independent directors must remain vigilant to ensure compliance with applicable laws and regulations.
- Their role is crucial in meetings to represent stakeholders.
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TechCrunch
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OpenAI reportedly mulls buying Jony Ive and Sam Altman’s AI hardware startup
- OpenAI is considering acquiring the AI hardware startup io Products, founded by Jony Ive and Sam Altman.
- OpenAI might pay around $500 million for the company, according to The Information.
- io Products has received funding from Laurene Powell Jobs’ Emerson Collective and others.
- There is a possibility of OpenAI partnering with rather than acquiring io Products.
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Global Fintech Series
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Yieldstreet to Launch Automated Private Markets Investing Solution
- Yieldstreet, a private markets investment platform, is launching Yieldstreet 360 Managed Portfolios, an automated private markets investing solution.
- Yieldstreet 360 aims to remove barriers in private markets by providing diversified exposure to private equity, private credit, and real estate for individual investors.
- The solution addresses high investment minimums, complex structures, and limited access points to diversify across private markets through a single solution.
- The portfolios, advised by Wilshire Advisors LLC, will initially include investments from Goldman Sachs Asset Management, Carlyle, and StepStone Group.
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Bloomberg Quint
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Pakistan Stock Exchange Dives By 8,600 Points
- Trading was suspended at the Pakistan Stock Exchange for an hour as the benchmark KSE-100 index plummeted by more than 8,000 points on Monday.
- Financial analysts blamed the fear of a global recession for the massive fall in the stock exchange.
- Even after a cooling period of one hour, the PSX lost another 2,000 points when trading resumed, resulting in a record 8,600 points drop in intraday trade.
- The index closed at 1,14,909.48, down by 3,882.18 or 3.27%, from the last close.
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Massivelyop
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Stars Reach talks Kickstarter test access, world resets, player governance, and player-made contracts
- Stars Reach recently completed a successful Kickstarter drive and backers will be prioritized for testing access in the sandbox game.
- Player-made contracts with an escrow mechanic will be introduced to prevent trolling or abuse.
- Playable Worlds aims to limit world resets unless limited resources necessitate it.
- The game features a system for players to name a mayor using a 'red card' handed to someone who exhibits leadership skills.
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Bloomberg Quint
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Finance Ministry To Study EPFO, Global Models For Managing UPS Corpus: Report
- The Ministry of Finance will study the global best practices and review the Employees' Provident Fund Organisation’s investment experience to formulate a mechanism for managing Unified Pension Scheme, or UPS corpus.
- The UPS is a retirement benefit scheme for government employees, offered as an alternative to the National Pension System.
- Under the UPS, employees contribute 10% of their basic salary and dearness allowance, while the government contributes 18.5% to build a corpus for payouts to retirees.
- The EPFO, which manages the Provident Fund, relies on diversified investments, and a similar strategy could be adopted by the UPS committee for investment of the funds.
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Siliconcanals
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UK’s Different Dog fetches €11.6M to scale its dog food subscription service
- Different Dog, a direct-to-consumer dog food brand, has secured £10M in funding.
- The funds will be used to expand its facility, invest in marketing, and hire top talent.
- Different Dog offers a personalized subscription service for fresh, nutritious meals for dogs.
- The company aims to address the growing demand for healthier pet food options and plans to serve more dogs.
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Analyticsindiamag
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Bengaluru-Based Calligo Technologies Secures $1.1 Mn in Series A Funding
- Bangalore-based semiconductor startup Calligo Technologies has raised $1.1 million in a pre-series A funding round led by Seafund and Artha Venture Fund.
- The funds will be used for research and development expenses to develop version 2.0 of the company’s silicon chip.
- Calligo develops products and solutions for high-performance computing (HPC), big data, and AI workloads and aims to solve performance bottlenecks in computing needed for large-scale modeling and simulations.
- The investment highlights the increasing demand for efficient computing solutions, particularly as AI and HPC workloads grow exponentially.
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Npengage
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Take the Stress Out of Budgeting for Your K–12 Private School
- A well-crafted budget is crucial for aligning financial resources with the strategic goals of a K–12 private school, and with the right processes and tools, it can be stress-free.
- The budget for a K–12 private school includes operating, capital, program-specific, and restricted project budgets, each serving different functions.
- Budgeting for private schools can be challenging due to the involvement of multiple stakeholders, time constraints, and the reliance on error-prone Excel spreadsheets.
- Tips to simplify K–12 private school budgeting include creating dashboards, leveraging past data, staying informed on trends, and streamlining budget processes.
- Having a single source of truth, using tuition management systems for accurate data, and utilizing fund accounting software can simplify the budgeting process.
- Fund accounting software like Blackbaud Financial Edge NXT can help streamline budgeting by allowing budgeting by department, creating scenarios, and integrating with tuition management systems.
- Integration between tuition management and fund accounting systems improves data accuracy and forecasting for K–12 private schools.
- By following best practices and utilizing appropriate tools, K–12 private schools can make their budgeting processes more efficient and less stressful.
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Alleywatch
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The Weekly Notable Startup Funding Report: 4/7/25
- The Weekly Notable Startup Funding Report highlights funding activity in various ecosystems across the US for the week ending 4/5/25.
- Notable startup funding rounds featured in the report include Butlr, Thatch, Gable, and seventeen other deals totaling $41.58B in new funding.
- Some featured startups and their funding include atomic ($10.0M), Cyberhaven ($100.0M), Ethic ($64.0M), and Hydrolix ($80.0M).
- Opsera ($20.0M), Redpanda Data ($100.0M), Gable ($20.0M), and OpenAI ($40.0B) are also highlighted for their recent funding rounds.
- Plaid ($575.0M), SandboxAQ ($150.0M), Temporal Technologies ($146.0M), and Thatch ($40.0M) are among the startups mentioned with significant funding.
- Venteur ($20.0M), Restor3d ($38.0M), SchoolAI ($25.0M), and Solace ($60.0M) are also featured in the funding report.
- AttoTude ($50.0M) and Retym ($75.0M) are highlighted for their funding rounds in the latest report.
- These startups cover a range of industries from financial services to AI-powered data security, digital health, semiconductor technology, and more.
- The funding amounts vary, showcasing the diversity and innovation present in the startup landscape.
- Overall, the funding report provides insights into the vibrant startup ecosystem and the investments driving technological advancements.
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Bloomberg Quint
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318
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Markets Tend To Bottom Out A Lot Earlier Than Outcome, Says Envision Capital's Nilesh Shah
- Nilesh Shah of Envision Capital anticipates minimal impact on India compared to other emerging markets amidst global market volatility.
- The GDP growth in India may slip to around 6% from 6.5%, while larger economies like the US and China are expected to face more significant declines.
- Shah highlights that market movements are influenced by sentiment and liquidity, which will be affected by uncertainty in the short term.
- Unlike past crises, the current situation lacks unified responses, leading to heightened uncertainty and market freefall.
- Shah predicts that markets tend to bottom out earlier than the final outcome, with valuations becoming attractive before complete resolution.
- He suggests being constructive on the IT sector despite short-term challenges, emphasizing on sectors like domestic-focused businesses and infrastructure for growth.
- Shah believes the government will increase infrastructure spending, offering opportunities in businesses supporting infrastructure projects.
- In conclusion, Shah advises monitoring market movements closely, as valuations may reflect a base-case scenario before full resolution of ongoing events.
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Bloomberg Quint
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422
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Tariff Woes: India Well-Positioned Vis-a-Vis China, Vietnam In Electronics, Says MeitY Secretary
- India's electronics sector is at an advantage as compared to peers like China and Vietnam who have been slapped with higher tariffs, according to S Krishnan, secretary in the Ministry of Electronics and Information Technology.
- India is prepared to "handle all scenarios" in relation to concerns of dumping.
- India is actively negotiating a trade agreement with the US and providing inputs.
- The government of India will finalize the rules under the Digital Personal Data Protection (DPDP) Act within "six to eight weeks."
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Bloomberg Quint
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8
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Trade Setup For April 8: Nifty Finds Immediate Support At 21,750 After Monday Mayhem
- The NSE Nifty 50's immediate support lies at 21,750 and a sharp recovery cannot be ruled out.
- The Nifty may find immediate support at 21,750 level and resistance at 22,300 level after declining to a severe intraday low of up to 5%.
- The Bank Nifty may find upside resistance at 50,650–50,750 zone.
- The benchmark equity indices hit a 10-month low on Monday, with the NSE Nifty 50 ending 3.24% lower and the BSE Sensex closing 2.95% down.
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Bloomberg Quint
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421
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India May Face Indirect Tariff Heat In Key Sectors: Ind-Ra
- India may face indirect tariff heat in key sectors, warns India Ratings and Research (Ind-Ra).
- Diverted global supply could flood Indian markets, impacting sectors like steel, textiles, and chemicals.
- Reciprocal tariffs create uncertainty and the risk of volatility in global markets.
- Monetary and fiscal policies may need to remain supportive of growth to counter global volatility and tariff uncertainty.
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