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Bloomberg Quint
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Huge Discount On Apple iPhone 13 — Should You Upgrade Now?
- The price of the iPhone 13 (128GB, Blue variant) on Amazon has been discounted to Rs 43,999 from its usual price of Rs 49,900.
- Additional discounts can be availed by Amazon Prime members with an Amazon Pay ICICI Bank credit card, as well as through the exchange offer.
- The iPhone 13 is still a smart buy due to its fast performance, long-term software support, great cameras, and reliable battery life.
- Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit.
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Bloomberg Quint
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JLR Posts Steady Sales In FY25, Achieves Net Cash Milestone
- Jaguar Land Rover reported steady sales for the full year, with wholesales at 400,898 units and retail sales at 428,854 units.
- Product mix, including high-margin models like Range Rover, Range Rover Sport and Defender, accounted for 67.8% of full-year wholesales.
- In the March quarter, wholesales increased in North America by 14.4% and in Europe by 10.9%, while volumes declined in China and overseas markets.
- JLR achieved the key milestone of ending FY25 in a net cash positive position under its Reimagine strategy.
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Bloomberg Quint
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405
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Nifty's 5% 'Black Monday' Fall Wasn't The Worst In 21st Century
- Nifty 50 has seen an intraday fall higher than today 69 times since 2000.
- The biggest intraday fall the Nifty 50 has seen in the 21st century was on May 17, 2004, when the benchmark fell to an intraday low of 18.34%.
- Monday's 5.07% crash was the worst Nifty has seen in 2025. However, the large-cap gauge has seen an intraday fall higher than this 69 times since 2000.
- The Nifty 50 has seen the most crashes in 2008, followed by in 2012.
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Eu-Startups
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Unicorn Pennylane bags an additional €75 million for electronic invoicing
- Paris-based Pennylane has raised €75 million in funding to strengthen its position as a leading solution for European businesses and accounting firms in the electronic invoicing sector.
- The round was led by Sequoia Capital, Capital G, and Meritech, with DST also participating.
- Pennylane aims to provide integrated financial management and electronic invoicing services for SMEs and their accountants.
- The funding will be used to support the company's growth and expand their team, as well as develop additional services for businesses and firms.
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Bloomberg Quint
2w
83
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Markets To React Irrationally As Uncertainty Persists Due To Trump Tariff: Kotak AMC's Nilesh Shah
- Markets will remain irrational due to persisting uncertainty as the US is trying to restrict trade deficit with aggressive tariffs.
- India faces a 26% tariff on its imports to the US, which has rattled the global markets and weighed on Indian markets.
- The NSE Nifty 50 declined 5.07% and the BSE Sensex fell 5.23% on Monday, hitting their lowest level since June 4, 2024.
- Domestic market-focused sectors like textiles, chemicals, pharmaceuticals, garments, footwear, and cement are recommended for investment.
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Economic Times
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Juspay closes $60 million funding from Kedaara Capital, others; valuation doubles to more than $900 million
- Bengaluru-based payment aggregator Juspay has closed a $60 million financing round led by domestic private equity fund Kedaara Capital with existing investors SoftBank and Accel participating.
- The funding round values the company at more than $900 million, doubling its previous valuation of $440 million in 2022.
- The primary funds being infused in Juspay is around $10 million, while the rest of the round facilitates secondary sales by existing shareholders to incoming ones.
- Juspay plans to advance its artificial intelligence capabilities to improve workforce productivity and merchant experience.
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Bloomberg Quint
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358
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NCLAT Dismisses IDBI Bank's Plea For Insolvency Against Zee Entertainment
- The National Company Law Appellate Tribunal (NCLAT) dismissed IDBI Bank's plea for insolvency proceedings against Zee Entertainment.
- The appellate tribunal granted liberty to IDBI Bank to move a fresh plea for default outside of the period mentioned in section 10A of the Insolvency & Bankruptcy Code.
- Section 10A of the Insolvency & Bankruptcy Code bars the filing of any application for initiation of the corporate insolvency resolution process for any default arising on or after March 25, 2020, for a period of one year.
- The NCLT had already rejected IDBI Bank's plea, stating that it was barred under Section 10A of the Insolvency & Bankruptcy Code.
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Bloomberg Quint
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351
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Samsung Galaxy S24 Gets Huge Price Slash On Amazon
- Amazon is offering a huge price cut on the Samsung Galaxy S24 5G.
- Originally launched at Rs 79,999, it is now available at Rs 53,989 on Amazon.
- Additional discounts available for HDFC, BOB, and Federal bank select cardholders.
- The Samsung Galaxy S24 5G comes with a premium design, advanced features, and a hefty price cut.
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Bloomberg Quint
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306
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Looking Beyond Apple? 6 Best Android Alternatives To iPhone 16 Pro Max
- The iPhone versus Android debate begins all over again when a new iPhone drops.
- Here are six amazing Android alternatives to iPhone 16 Pro Max.
- 1. Xiaomi 15 Ultra – Rs 1,09,999 On Amazon
- 2. Google Pixel 9 Pro XL – Rs 1,29,999 on Flipkart
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Bloomberg Quint
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267
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RBI May Extend Record Cash Boost As Risks Mount, Analysts Say
- The Reserve Bank of India is likely to extend its record cash infusions into the banking system as it shields the economy from mounting global headwinds, analysts say.
- The authority is expected to inject as much as four trillion rupees ($47 billion) through bond purchases and foreign-exchange swaps in the current fiscal year.
- A boost in liquidity is vital to ensure that interest-rate cuts are effectively transmitted, particularly amid rising risks such as the impact of the new US tariff regime on Indian exports.
- The RBI is expected to cut rates again on April 9, with bulls predicting the easing will push benchmark yields to new three-year lows.
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Bloomberg Quint
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150
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Centre Releases Over Rs 4,200 Crore To Andhra For Amaravati Capital Project
- The Central Government has released over Rs 4,200 crore to Andhra Pradesh for Amaravati Capital Development project after it received the first disbursement of $205 million from the World Bank.
- The World Bank and Asian Development Bank together committed to fund Rs 13,600 crore for Amaravati capital city phase-I development, while the Centre will be contributing Rs 1,400 crore for phase-I of the development.
- The Centre has agreed to give 25% of the total committed amount as 'Mobilisation Advance', and the amount that was released is under this head.
- The next instalment of the committed amount will be released after the state government shows some progress and submits bills or utilization certificates.
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Bloomberg Quint
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8
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Stock Market Crash: Nifty, Sensex Plummet, Yet Hold Edge Among Asian Peers
- Despite steep losses, Indian equity indices Nifty and Sensex outperformed most Asian markets, highlighting relative resilience during the global market sell-off.
- Indian equity markets plunged on Monday, with Nifty dropping 5.07% and Sensex tumbling 3,939.68 points. India emerged as the second-best performing market in Asia for the day.
- Asia-Pacific markets experienced their steepest fall since the 2008 financial crisis, with the MSCI Asia Pacific Index plummeting by as much as 7.9%. India showed relative resilience compared to other Asian counterparts.
- Despite the global market sell-off, Indian indices, Nifty and Sensex, experienced relatively moderate declines, highlighting their resilience and placing India among the top-performing markets.
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Bloomberg Quint
2w
319
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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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1
Image Credit: Bloomberg Quint
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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280
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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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