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Bloomberg Quint
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Gold See Further Upside As Uncertainty Grows, Says Peter McGuire
- Gold has hit a record high of $3,167.57 and there is potential for further upside.
- Physical demand for gold remains robust despite recent silver selloff.
- US dollar's decline and bond yields under pressure may influence upcoming Fed policy decisions.
- Concerns about a potential US recession and upcoming payroll data.
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Bloomberg Quint
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462
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IT Sector Q4 Results Preview: Unexciting Guidance Amid Rising Global Uncertainty; Revenue To Remain Muted
- The IT sector Q4 results are expected to have unexciting guidance amid rising global uncertainty, with revenue remaining muted.
- HDFC Securities maintains its selective stance on the sector, favoring TCS within tier-1s and Persistent, LTIMindtree, and Mastek among mid-tier IT companies.
- The IT index is down ~20% Year-to-Date, reflecting higher levels of uncertainty caused by the Trump reciprocal tariffs.
- Growth dispersion between companies is expected to remain high even in FY26E.
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Eu-Startups
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Evolytes raises €1.3 million to scale its K-5 math learning platform globally
- Iceland-based math learning platform Evolytes has raised €1.3 million in a seed funding round to expand its reach globally.
- The funding round was co-led by Omega and Pekron Family Office and will support revenue growth and impact in Latin America, India, Middle East, South East Asia, and the U.S.
- Evolytes aims to provide a unique supplemental math tool that incorporates high-quality game design and character-driven narratives to engage students.
- The platform has shown the ability to impact student outcomes, attitude, and engagement, making it a game-changer in the EdTech space.
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Bloomberg Quint
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43
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Bajaj Auto's EV Business Scaled Up To Make Margins Greener, Says Rakesh Sharma
- According to Executive Director Rakesh Sharma, Bajaj Auto's electric vehicle (EV) business has scaled up and is delivering better operational income performance.
- EVs now make up 25% of Bajaj Auto's domestic revenue, and the company achieved a 20% Ebitda margin in the previous three quarters of FY25.
- Bajaj Auto registered a 93% growth in sales for March 2025 compared to the same period last year, primarily due to the boost from Gudi Padwa falling in March.
- The company's newly launched Chetak on the 3S platform is expected to lead to cost savings and margin growth, while the profitability of the Chetak brand alone is still a quarter away.
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Bloomberg Quint
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383
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Ola Electric Gets Notice From Maharashtra Government Over Lack Of Trade Certificates
- The Maharashtra government has served a notice to Ola Electric Mobility Ltd. to explain within three days why some of its stores in the state are operating without trade certificates.
- According to Section 39 of the Central Motor Vehicles Act, 1988, and Rule 33 of the Central Motor Vehicle Rules, 1989, vehicle distributors and manufacturers are required to obtain a business certificate to register vehicles.
- On March 21, it was reported that the Maharashtra Transport Commissioner had directed all regional transport offices to start a “special inspection mission” to check all Ola Electric stores in the state for trade certificates.
- Ola Electric had three days to respond to the notice dated March 31, 2025.
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Bloomberg Quint
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422
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iQOO Z10 Turbo Pro First To Sport Qualcomm's New Snapdragon 8s Gen 4: Report
- iQOO will launch its latest Z10 series in India next week, offering upgraded features and performance enhancements.
- The Z10 model will be the slimmest smartphone in the 7300 mAh battery category.
- The higher-end model of the Z10 series will include the newly launched Snapdragon 8s Gen 4 chipset by Qualcomm.
- The Snapdragon 8s Gen 4 offers superior speed and efficiency and promises superior gaming and multimedia experiences.
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Bloomberg Quint
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230
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Google Pixel 10 Series Camera Specs Revealed: Expect This Major Change In Base Model
- Google Pixel 10 series is expected to introduce a telephoto lens in the camera setup.
- The main and ultrawide cameras will be downgraded to make room for the new telephoto lens.
- The Pixel 10 Pro and Pro XL models are likely to retain the same camera setup as last year.
- The Pixel 10 Pro Fold is expected to have a minor upgrade in the primary camera sensor.
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Bloomberg Quint
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370
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Federal Bank's 'Inexpensive' Stock Gets CLSA Initiation, 18% Upside Seen
- CLSA initiates coverage on Federal Bank, giving it an 'outperform' rating and a 12-month target of Rs 230 per share.
- Federal Bank is unique due to its strong non-residential deposit base, contributing to 30% of its total deposits.
- The bank aims to transform into a larger bank with improved return metrics over the next three years.
- In the near-term, Federal Bank will focus on profitability over loan growth, which may lead to a decline in net interest margin.
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Bloomberg Quint
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100
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Paytm's Vijay Shekhar Sharma Latest To Join Piyush Goyal's India Vs China Debate
- Paytm founder Vijay Shekhar Sharma joined the debate initiated by Commerce Minister Piyush Goyal on India versus China.
- Sharma acknowledged that China was ahead in terms of electric vehicles and mentioned that India is currently focused on tapping current opportunities for generating enough funds.
- Goyal had questioned whether India should aspire to be more than just a delivery service and become a strong player in the startup ecosystem.
- Other participants in the debate, including Zepto CEO Aadit Palicha and former Infosys CFO Mohandas Pai, shared their perspectives on India's technological revolutions and lack of capital for startups.
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Bloomberg Quint
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213
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IPL 2025: Latest Points Table, Leading Run Scorers, Most Wicket Takers And Other Key Stats
- Nicholas Pooran leads the Orange Cap race with 189 runs in three matches at a strike rate of over 200.
- Punjab Kings and Delhi Capitals are at the top of the IPL 2025 points table with four points each.
- Nicholas Pooran leads the Orange Cap race, while CSK's Noor Ahmad tops the Purple Cap standings.
- Mumbai Indians and Lucknow Super Giants have struggled with just two points from three games in IPL 2025.
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Bloomberg Quint
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21
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IPL 2025, LSG vs MI Preview: Spotlight On Rohit, Pant As Mumbai Indians Take On Lucknow Super Giants
- Two stalwarts of Indian cricket -- Rohit Sharma and Rishabh Pant -- will be hoping to overcome their lean patch when Mumbai Indians face Lucknow Super Giants in a clash between two struggling teams in the Indian Premier League in Lucknow on Friday.
- With both the teams almost identically placed with a solitary win each in three games, the contest could boil down to who exploits the conditions better on the day.
- The curators haven't been providing tailor-made pitches to the home sides, so the team that gets a head-start with the bat or ball in the power play overs could call the shots.
- Mumbai Indians have been struggling with Rohit Sharma's form and the absence of Jasprit Bumrah due to injury, while Lucknow Super Giants are facing bowling woes and the poor form of captain Rishabh Pant.
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Medium
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Savvy’s Tip for the Day™: Nailing your Investor Interview
- Before seeking funding, it's important to reflect on past experiences and projects.
- Evaluate your ability to learn from mistakes and articulate a strategy for mitigating risks.
- Investors want to know your 'why' to understand your judgment and decision-making abilities.
- Examine real-world indicators of your capability to execute successfully with the new venture.
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4 Likes
Bloomberg Quint
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303
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Coforge, Persistent Systems Drag Nifty IT To 10-Month Low
- Shares of information technology companies continue to decline, dragging Nifty IT to a 10-month low.
- Nifty IT has fallen nearly 8.45% this week and over 22.36% this year.
- Coforge, Persistent Systems, and LTIMindtree are among the midcap stocks leading the decline.
- JPMorgan sees buying opportunities emerging for top-tier IT companies like TCS, Infosys, and HCL Tech.
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16 Likes
Bloomberg Quint
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418
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Samsung Galaxy S25 Edge Launch May Be Delayed: Here’s The New Expected Timeline
- Samsung Galaxy S25 Edge launch may be delayed, with a new expected timeline.
- The Samsung Galaxy S25 Edge is poised to be the slimmest smartphone ever released by the South Korean tech giant.
- The launch is now reportedly planned for May 13, with a small presentation instead of a big-scale event.
- The upcoming Samsung Galaxy S25 Edge is expected to have a thickness of just 5.84mm, a Snapdragon 8 Elite chip, 12GB of RAM, and a dual-camera setup with a 200-megapixel main sensor.
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Bloomberg Quint
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217
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On A High: United Breweries Stock Up Amid Market Slump — Here's Why
- Shares of United Breweries rose 1.6% as it announced the launch of a new premium beer brand, Amstel Grande, in Uttar Pradesh.
- The beer, developed locally in India, has been priced at Rs 110 for a 330ml bottle, Rs 160 for 500ml bottle, and Rs 210 for a 650ml bottle.
- United Breweries stock rose 1.6% to Rs 2,014.95 per share on the NSE, while the Nifty 50 was down 1.5%.
- The stock is down by nearly 4% on a year-to-date basis, but seven out of seventeen analysts have a 'buy' rating on the stock.
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