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Bloomberg Quint
6h
148
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Coal India Hikes Prices Of Coking, Non-Coking Coal
- Coal India has increased the prices of coking and non-coking coal by Rs 10 per tonne.
- The new prices will come into effect from April 16 and will apply to both regulated and non-regulated sectors.
- The additional revenue generated from the price hike will contribute towards the Coal Mines Pension Scheme, 1998.
- PD Sharma, the executive director of materials and contracts, has relinquished the charge at Coal India.
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Bloomberg Quint
6h
285
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Google Pixel 10 Pro Fold Design Revealed In New Renders Ahead Of Launch
- New renders of the Google Pixel 10 Pro Fold reveal a design similar to its predecessor.
- The device is expected to retain the 48-megapixel rear camera from the Pixel 9 Pro Fold.
- The Pixel 10 Pro Fold is set to launch in August alongside other Pixel 10 models.
- Google may lower the price of the Pixel 10 Pro Fold, creating strong competition in the premium foldable market.
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Bloomberg Quint
6h
330
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Validity Of FCRA-Registered NGOs With Pending Renewal Applications Extended Till June 30
- The validity of Foreign Contribution Regulation Act (FCRA)-registered NGOs with pending renewal applications has been extended till June 30.
- The Ministry of Home Affairs has made this decision in the public interest.
- The extension is applicable to NGOs whose five-year license is expiring between April 1 and June 30.
- If an FCRA renewal application has been refused, the registration expires on the refusal date.
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Bloomberg Quint
6h
264
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Was Bomb Threat To 200-Year-Old Kolkata's Indian Museum An April Fool Prank?
- A bomb threat to Kolkata's Indian Museum, which is over 200 years old, turned out to be a hoax.
- Security personnel conducted a thorough search of the museum, but no suspicious objects were found.
- The museum authorities received an email threatening the presence of bombs, but the exact location was not specified.
- The museum, founded in 1814, is India's oldest and largest such facility.
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Bloomberg Quint
6h
3
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Kalpataru Projects International Gets Orders Worth Rs 621 Crore
- Kalpataru Projects International Ltd. has secured new orders worth Rs 621 crore in the domestic market.
- The orders have been bagged by its buildings & factories and the railway business in India.
- The orders will help strengthen the company's order book and improve market position in the B&F and railways business.
- With full year Fiscal 2025 order inflows in excess of Rs 25,000 crores, the company aims to deliver profitable growth.
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SiliconCanals
6h
184
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Dutch loyalty startup Loyyo bags funding; appoints new CEO
- Dutch loyalty startup Loyyo has raised additional growth capital from existing investors, bringing its total investment to over €1M.
- The funds will be used to develop product offerings, expand internationally, and strengthen the organizational framework.
- Paul Arts has been appointed as the new CEO, while founder Wouter Meeuwisse will become the Chief Product Officer.
- Loyyo's software connects transaction data with customer profiles to improve customer loyalty, providing insights into Customer Lifetime Value (CLV) and purchasing behaviors.
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Bloomberg Quint
6h
257
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Sterling And Wilson Secures Rs 1,470-Crore Green Energy Projects In Rajasthan And Gujarat
- Sterling and Wilson Renewable Energy has secured three new green energy projects totaling Rs 1,470 crore.
- The projects include a wind-solar hybrid project in Rajasthan, a turnkey solar project in Gujarat, and a photovoltaic plant in Rajasthan.
- The stock of Sterling and Wilson Renewable Energy closed 6.33% higher on the NSE.
- The company has received positive ratings from analysts, with the average 12-month price target implying a potential upside of 68.9%.
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Bloomberg Quint
6h
160
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Law Does Not Prohibit Convenience Stores From Remaining Open 24 Hours, Bombay High Court Says
- The Bombay High Court has ruled that convenience stores can remain open 24 hours, as there is no restriction under the law for them to operate during any specific time.
- The court stated that 24x7 convenience stores offer benefits to both customers and the economy, enhancing convenience, flexibility, and increasing consumer spending.
- The Maharashtra Shops and Establishments Act imposes no embargo on convenience stores to operate 24/7, except for specific types of establishments such as hookah bars and liquor-serving restaurants.
- The court directed Pune Police not to force 'The New Shop,' operated by Accelerate Productx Ventures Pvt Ltd, to close after 11 p.m., as it is not against the law to keep convenience stores open round the clock.
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Bloomberg Quint
6h
281
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Runwal Enterprises Files For Rs 1,000-Crore IPO
- Real estate developer Runwal Enterprises Ltd. has filed preliminary papers with the Securities and Exchange Board of India for a Rs 1,000-crore IPO.
- The IPO will consist of a fresh issue of shares and the proceeds will be utilized for repayment of borrowings, investment in subsidiaries, funding acquisitions, and general corporate purposes.
- Runwal Enterprises is a leading real estate developer in Mumbai, operating across residential and commercial segments. It reported revenue of Rs 270.5 crore and a profit of Rs 25.5 crore for the period ended September 30, 2024.
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Bloomberg Quint
6h
282
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SEBI Extends Timeline For Retail Algo Trading Rules To August
- The Securities and Exchange Board of India (SEBI) has extended the timeline for retail algo trading rules from April to August.
- The extension was granted after stock exchanges requested more time to implement the new standards in consultation with the Brokers’ Industry Standards Forum (ISF).
- Under the new standards, brokers will act as the principal, algo providers as agents, and stock exchanges will provide a unique identifier for all orders generated through algos.
- SEBI has categorized algos into white-box (transparent logic) and black-box (hidden logic) types, with black-box algo providers required to register as research analysts.
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Alleywatch
6h
115
The 10 Largest NYC Tech Startup Funding Rounds of March 2025
- NYC's startup ecosystem attracted significant venture capital in diverse sectors in March 2025.
- The largest funding rounds in March 2025 showcased investments in various industries like robotics, healthcare tech, online education, and AI.
- Viam secured $30M in a Series C round for its cloud-based smart machines management platform.
- Inspiren raised $35M in Series A funding, focusing on AI-driven healthcare monitoring and workflow management.
- Campus, an online college offering accredited degrees, secured $46M in Series B funding.
- Norm AI obtained $48M in Series B funding for its regulatory AI solutions automating legal tasks.
- Graphite raised $52M in Series B to support its open-source CLI and code review dashboard.
- Carbon Arc received $56M for using AI to structure data into insights, without specifying the funding round.
- Underdog Fantasy secured $70M in Series C funding for its online fantasy sports platform.
- Dataminr raised $85M through a Convertible Note round for its AI platform for real-time event detection.
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Pymnts
6h
17
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SoftBank Reportedly Aims to Borrow $16 Billion for AI ‘Stargate’
- SoftBank is seeking up to $16.5 billion in financing for its AI project known as “Stargate”.
- The bridge loan would be SoftBank's largest ever facility denominated in dollars.
- Stargate aims to build AI-focused data centers in the U.S., with the first center planned for Abilene, Texas.
- The loan could potentially support SoftBank's role as the primary financier in OpenAI's $40 billion funding round.
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Bloomberg Quint
6h
338
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Audi India Posts 17% Growth In Q1 2025 Sales
- German luxury carmaker Audi reported a 17% increase in sales in India, delivering 1,223 units in Q1 2025.
- The growth is attributed to the diverse product portfolio and improved supply chain stability.
- Key contributors to the performance were Audi Q7 and Audi Q8 models.
- 'Audi Approved: plus' pre-owned car business also witnessed a 23% growth in Q1 2025.
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Bloomberg Quint
6h
254
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India And Chile Start Talks On New Trade Agreement
- India and Chile have announced the launch of negotiations for a comprehensive economic partnership agreement, aiming to strengthen bilateral ties across multiple sectors.
- During the visit, discussions were held on enhancing collaboration in areas such as trade, defense, critical minerals, space, health, and renewable energy.
- Both leaders emphasized the strategic importance of critical minerals and the need to establish resilient supply and value chains in this area.
- Efforts to promote cultural and academic ties, streamlining the visa process, and enhancing student exchanges were also discussed.
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Bloomberg Quint
6h
321
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NHPC Pushes Back Investment In Kuppa Pumped Storage Project In Gujarat
- State-owned NHPC delays its investment in the 750-MW Kuppa Pumped Storage Project in Gujarat to the financial year 2026.
- The delay is due to unforeseen circumstances beyond the company's control.
- Survey and investigation works for the project have been halted, but are expected to resume shortly.
- The initial planned investment year of the project was 2024-25.
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