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Bloomberg Quint
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Apple iPhone 17 Series Set For Major Overhaul: Slimmer Design, A19 Chip And Other Likely Features
- Apple is expected to unveil its most significant iPhone lineup so far, with the upcoming iPhone 17 series.
- The all-new iPhone 17 Air is rumored to be the thinnest iPhone ever.
- The iPhone 17 series will feature major changes in design, performance, and camera capabilities.
- The iPhone 17 lineup is expected to launch in September 2025, with prices ranging from Rs 79,900 to Rs 1,44,900.
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Bloomberg Quint
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Six Stocks In News At Noon: Trent, Siemens, Tata Steel, Among Others
- Indian stock market crashed on Monday, with Nifty 50 falling over 5% to 21,743.65 and Sensex dropping 5.23% to trade at 71,425.
- Trent Ltd. revised the lower circuit limit and fell almost 18% after bearish commentary from analysts regarding weaker than expected sales growth.
- Siemens Ltd. saw a surge in shares and was locked in a 20% upper circuit after the spin-off of its energy business into Siemens Energy India Ltd.
- Tata Steel hit a lower circuit of 10% following a block deal, while Tata Motors' shares plummeted nearly 10% due to Jaguar Land Rover pausing exports to the US.
- Delhivery Ltd. rose over 2% after announcing its acquisition of rival firm Ecom Express Ltd., while IndusInd Bank's share price declined with a 5.2% sequential decline in net advances.
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Global Fintech Series
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Turbine Emerges from Stealth with $121M+ in Growth Funding to Unlock Liquidity for Private Equity and Venture Capital Investors
- Turbine Finance Corp. has raised $121 million in growth funding.
- The company has secured a $100 million warehouse facility from Silicon Valley Bank.
- Turbine's loan platform allows private equity and venture firms to offer liquidity to investors.
- The platform leverages data science and machine learning for seamless and cost-effective lending.
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Bloomberg Quint
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344
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Air India Pushes Jet Upgrade To Lure Back Disgruntled Passengers
- Air India is implementing a multi-year turnaround program to enhance various aspects like product quality, crew service, punctuality, and airport experience.
- Their focus initially is on upgrading their 27 older Boeing 787-8 Dreamliners, with plans to complete the refit by early 2027.
- Air India aims to level the playing field with competitors by offering cheaper fares, revamped cabins, lounges, and shorter layover times.
- Under new ownership led by the Tata Group, efforts are being made to rebuild Air India's image and reputation while capitalizing on the booming Indian travel market.
- Improvements such as new lounges, faster connections, and skilled ground staff are aimed at enhancing profitability and passenger experience at key hubs.
- CEO Campbell Wilson emphasizes the importance of consistency across all aspects of the airline to provide a superior travel experience.
- Air India is working on reducing stopover times, attracting more transit passengers, and addressing issues with cabin interiors and catering.
- They aspire to become a key player in international passenger traffic and challenge airlines like Emirates, while rival IndiGo also expands aggressively.
- Supply-chain challenges may impact the pace of upgrades, but efforts are underway to streamline processes and improve passenger flow at airports.
- Wilson acknowledges areas where Air India can improve, including the need for a comprehensive refresh of cabin interiors and in-flight amenities.
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Bloomberg Quint
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21
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Chinese Stocks Suffer ‘Panic Selling’ As Tariff War Escalates
- Chinese stocks and bonds experienced significant drops as the trade conflict between the US and China escalated.
- The onshore CSI 300 index saw a 7.6% decline, the largest in over five years.
- Investors are concerned about the economic impact of the trade conflict and potential risks like currency devaluation.
- Chinese government bonds surged as investors sought safer assets amid tariff fears.
- Beijing may be considering weakening the yuan to support growth in response to tariffs.
- Stimulus measures are being discussed to mitigate the impact of tariffs on China's economy.
- Chinese markets are volatile as investors react to the escalating trade tensions and potential tariff impacts.
- The response to US tariffs by Chinese officials has raised concerns about further escalations and global economic repercussions.
- Asian markets experienced broad declines as uncertainty and risk aversion gripped investors.
- There is a sense of panic selling and uncertainty in the markets as investors navigate the turbulent trade landscape.
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Economic Times
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388
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Nanotechnology startup Vimano raises Rs 25 crore from Ankur Capital
- Nanotechnology startup Vimano has raised Rs 25 crore in a seed funding round led by Ankur Capital
- Funding will be used to develop membranes for cost-effective clean energy systems and initiate pilot projects
- Vimano develops ion-conductive membranes to improve clean energy technologies
- Ankur Capital believes Vimano's membranes can reshape energy storage and contribute to the growth of green hydrogen
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Bloomberg Quint
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349
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Mazagon Dock, Garden Reach Shares Down As Defence Sector Tailspins In Crashing Market
- Shares of Mazagon Dock Shipbuilders Ltd., Garden Reach Shipbuilders & Engineers Ltd., and Bharat Forge Ltd. plummeted on Monday as defence sector stocks traded in the red amid the stock market's worst intraday crash in 10 months.
- Indian stock markets tanked on Monday, amid the ripple effects of a global meltdown that stretched from Japan to Australia. The slide came just as local benchmarks were finding some stability, only to be thrown off balance again by escalating trade tensions and renewed fears about the fallout from US tariff moves.
- Garden Reach stock price fell as much as 14.13% intraday, while Mazagon Dock share price dipped around 13.4% to trade at Rs 2,200 apiece.
- Nifty India Defence index was trading 5.52% lower, compared to the benchmark NSE Nifty 50's fall of 4.13%, as of 11:26 a.m.
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Bloomberg Quint
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Trump Tariffs: India Exports To US To See 6.4% Hit In 2025, Says Global Trade Think Tank
- India's exports to the US could see a 6.4% impact due to Trump's tariff measures, with fish products, iron and steel being the worst hit sectors.
- The newly announced Trump-era tariffs could make exports decline by approximately $5.76 billion, from India's 2024 figure of $89.81 billion worth of goods.
- Key product groups like fish and crustaceans, iron or steel articles, and diamonds, gold, and related products are expected to see significant reductions in exports.
- However, India may gain modest export gains in sectors where the US has raised tariffs on competing countries such as textiles, apparel, ceramic products, albuminoidal substances, glues, enzymes, inorganic chemicals, and pharmaceuticals.
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Bloomberg Quint
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Saudi Arabia Suspends Visas For India, 13 Other Countries Ahead of Hajj 2025
- Saudi Arabia has temporarily suspended the issuance of certain visas to visitors from 14 countries, including India, Pakistan, and Bangladesh, ahead of the Hajj pilgrimage.
- The suspension will continue till mid-June, coinciding with the conclusion of the Hajj pilgrimage, in an effort to regulate overcrowding.
- Umrah visas, business visas, and family visit visas have been suspended for applicants from the 14 countries to restrict unregistered pilgrims from visiting Saudi Arabia for the Hajj pilgrimage.
- In the previous pilgrimage season, over 1,000 visitors died during the Hajj pilgrimage due to various issues, including overcrowding and the presence of unregistered pilgrims.
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Bloomberg Quint
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China Halts US LNG Imports In Longest Run Since Last Trade War
- China hasn’t imported liquefied natural gas from the US for 60 days, the longest gap in five years.
- The current geopolitical conflict is beginning to decouple the world’s biggest LNG seller and buyer.
- Chinese LNG buyers receive US shipments under binding long-term contracts.
- The move has been a relief for Europe, which needed more LNG to refill inventories and replace the loss of Russian pipeline gas deliveries.
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Bloomberg Quint
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Global Tariff War: Where To Take Refuge | Open Interest
- Trump tariffs have brought about the biggest economic shock after the Great Depression of 1930s, the 2008 Global Financial Crisis, and Covid-19 in 2020.
- Indian markets woke up to pain and mayhem due to Trump's tariff tantrums.
- Nearly $8 trillion equivalent to twice the size of India’s gross domestic product has been wiped out.
- In the latest edition of 'Open Interest', we look at the cost of Trump's tariff measures and potential safe havens.
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Bloomberg Quint
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Taiwan Heads For Bear Market On First Post-Tariff Trading Day
- Taiwan's stock index tumbled the most on record, putting it on track for a bear market as trading resumed after a holiday.
- The benchmark Taiex fell as much as 9.8% on Monday, taking its decline from a July peak to over 20%.
- Taiwan Semiconductor Manufacturing Co. (TSMC), which has the top weighting in the index, slid by the exchange's daily limit of 10%.
- Concerns about geopolitical tensions and artificial-intelligence investments have weighed on Taiwan's stocks this year.
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Bloomberg Quint
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432
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‘India To Attract Investors’: Mihir Vora Is Optimistic Amid US Tariff Concerns
- Mihir Vora, chief investment officer at Trust Mutual Fund, is optimistic about India attracting investors amid US tariff concerns.
- Vora pointed out that the global economic situation is not similar to the 2008 financial crisis, and this time the situation has reversed with investors flocking away from the US.
- Vora expects India's relatively insulated market to attract investors as a shift away from the US is observed.
- Vora believes that even a $10-20 billion shift towards India could have a significant impact on the market, making him not too concerned in the long term.
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Bloomberg Quint
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RBI Monetary Policy Meeting April 2025: Date, Time, Expectations And Live Streaming Details
- Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) will hold its first meeting of FY 2025-26 between April 7 and April 9, with the decision on the repo rate to be announced on April 9.
- In the previous meeting, the MPC reduced the repo rate by 25 basis points (bps) from 6.5% to 6.25%.
- There are expectations for a further rate cut of 25 bps in the April meeting, as mentioned in a report by the State Bank of India (SBI).
- The RBI Governor Sanjay Malhotra's speech will be live-streamed on the RBI's social media accounts, including Facebook, and on RBI's YouTube channel.
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Getfullyfunded
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7 Time Leaks That Are Zapping Your Nonprofit Productivity
- Time is a limited resource and managing it effectively is crucial for nonprofit productivity.
- Identifying and plugging time leaks can help reclaim time for more productive activities.
- Common time leaks in nonprofits include email overload, inefficient social media use, unproductive meetings, and firefighting mode.
- Strategies to manage email more efficiently include setting specific times to check emails and organizing inbox with folders.
- Being purposeful in choosing social media platforms, creating posting plans, and avoiding distractions can optimize social media use.
- Effective meeting practices involve setting clear agendas, limiting time, avoiding tangents, and sharing action items post-meeting.
- Avoid being a control freak by delegating tasks to the right people, training them, and empowering them to make decisions.
- Focusing on tasks that align with organizational goals, prioritizing donor relationships, and avoiding excessive fundraisers can enhance nonprofit productivity.
- Working above the line, automating, delegating, and deleting tasks help in staying focused on impactful activities.
- Conducting a time study can reveal time leaks and habits that can be adjusted to improve productivity.
- Guarding time, saying 'no' strategically, and being purposeful with tasks are key to combating nonprofit time leaks.
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