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Bloomberg Quint
21h
89
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Emami Q4 Results: Profit Up 10.5% To Rs 162 Crore
- Emami Ltd reported a 10.5% increase in consolidated profit after tax at Rs 162.17 crore for the March quarter FY25.
- Revenue from operations for Emami was at Rs 963.05 crore in the quarter, up from Rs 891.24 crore in the year-ago period.
- Total income of Emami, including other income, increased by 9.12% to Rs 984.21 crore.
- In FY25, Emami's profit after tax rose to Rs 802.74 crore, reflecting a 10.85% increase from the previous year.
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Bloomberg Quint
21h
182
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Donald Trump Says US Will Set Tariff Rates For Other Nations In Weeks
- President Donald Trump plans to set tariff rates for US trading partners in the next two to three weeks due to a lack of capacity for negotiating individual deals.
- The administration will inform countries of the rates they will need to pay for doing business in the United States.
- Trump mentioned that the US has 150 countries willing to make a deal, but did not specify which nations would receive the tariff rate notification.
- The US president has been emphasizing reciprocity in trade negotiations with various countries like Japan, South Korea, India, and the European Union.
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Bloomberg Quint
21h
323
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Hyundai India Q4 Results: Revenue Rises 2.5%, Profit Down 4%
- Hyundai India's Q4 revenue increased by 2.5% to Rs 17,562 crore, while the profit decreased by 4% to Rs 1,583 crore.
- Despite revenue growth, Hyundai's net profit declined 4% year-on-year to Rs 1,583 crore in the quarter ended March 31.
- Hyundai India faced challenges with its market share dropping to 14%, the lowest in 12 years, amidst increased competition and slowed sales.
- In the same period, Hyundai India's sales declined by 0.66% year-on-year, while its market share faced pressure from competitors like Tata Motors and Mahindra & Mahindra.
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Bloomberg Quint
21h
339
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BHEL Q4 Results: Profit Rises, Margin Expands
- Bharat Heavy Electricals Ltd.'s Q4 FY25 profit increased by 3% to Rs 504 crore compared to the same period last year.
- Revenue for BHEL rose by 8.9% to Rs 8,993 crore in Q4 FY25.
- The company's margin expanded to 9.2% from 8.8% in the previous year.
- Shares of Bharat Heavy Electronics were trading 1.55% higher at Rs 249.49 per share as of 2:39 p.m.
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Insider
21h
309
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I met Mark Cuban before 'Shark Tank,' and he became my mentor. Here are the best business lessons he taught me.
- Entrepreneur Shira Lazar shares the valuable business lessons she learned from Mark Cuban, whom she considers the nicest billionaire she knows.
- After facing a setback when CBS News dropped her show, Lazar turned to Cuban for advice and mentorship.
- Cuban offered to air Lazar's show on HDNet but with conditions that made her question the deal, highlighting the importance of being passionate and invested in one's vision.
- Lessons learned from Cuban include the importance of always selling, focusing on AI in business, valuing sweat equity, running a profitable business, and kindness as a secret weapon.
- Cuban's advice led Lazar to become more assertive in valuing her work, securing consulting opportunities, and navigating the business landscape with clarity.
- Lazar emphasizes the significance of profitability in running a sustainable business and the value of remaining kind and responsive in interactions, inspired by Cuban's behavior.
- Mark Cuban's mentorship helped Lazar see herself as a startup founder, leading to career breakthroughs and opportunities for growth in the AI and entrepreneurial space.
- Following Cuban's advice, Lazar has grown as a thought leader, secured brand deals, and taken on roles in AI training programs, all while emphasizing the importance of perseverance and resilience.
- Shira Lazar is an Emmy-nominated host, producer, and entrepreneur, known for her media brand 'What's Trending' and her work in mental health support for creators through CreatorCare.
- Mark Cuban's impact on Lazar's career serves as a testimony to the value of mentorship, perseverance, and following key business principles for success.
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Economic Times
21h
186
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New York-based Bat VC, cofounded by former X India head, announces $100 million AI-focussed fund
- Bat VC, a New York-based venture capital firm, has announced a $100 million AI-focused fund for Indian startups.
- The fund, co-founded by Manish Maheshwari, Aditya Mishra, and Ravi Metta, will target early-stage deeptech and AI startups in sectors like fintech and B2B SaaS.
- Maheshwari will lead Bat VC's operations in India, emphasizing the country's potential to lead global AI-driven growth.
- With a focus on tapping into India's growing AI sector, the fund aims to capitalize on the country's talent, capital, and market access to make strategic investments.
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Eu-Startups
22h
342
Swedish MedTech startup MedVasc raises €917k to improve anaesthetic procedure when treating varicose veins
- Swedish MedTech startup MedVasc AB raised €917k in a financing round to support final product development for their catheter device and FDA regulatory approval in the US.
- The funding attracted existing owners and new investors, providing an opportunity to enter the US market.
- MedVasc AB, founded in 2013, has developed the Solutio catheter to enhance anaesthetic procedures for varicose veins treatment, with plans for FDA submission in 2026.
- The company is part of SmiLe's incubator programme in Lund, focusing on advancing life science and FoodTech startups.
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Bloomberg Quint
22h
149
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Atal Pension Yojana Surpasses 7.65 Crore Subscribers: Benefits, Eligibility And How To Enroll
- Atal Pension Yojana has surpassed 7.65 crore subscribers, with a pension corpus of Rs 45,974.67 crore as of April 2025.
- The scheme was introduced in June 2015 to provide financial security during retirement for workers in the unorganised sector.
- Benefits of Atal Pension Yojana include a fixed monthly pension starting at Rs 1,000, eligibility for Indian citizens aged 18-40, and a requirement of contributing for at least 20 years.
- To enroll in Atal Pension Yojana, applicants can apply online through their bank's portal or offline by visiting the bank branch/post office, submitting required documents, and maintaining sufficient funds for contributions.
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SiliconCanals
22h
339
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Dutch-based Voyc secures €1.7M to help companies monitor customer calls and improve service
- Dutch-based Voyc has secured €1.7M in seed funding for its AI platform that focuses on conversation intelligence and compliance monitoring.
- The funding round includes reinvestments from angel investors, including Senior Partner Anton Musgrave from FutureWorld.
- Voyc plans to use the funds to develop real-time AI copilots and an autonomous AI service agent to handle inbound customer calls, aiming to improve operations and customer service.
- Founded in 2018, Voyc works with over 80 financial services firms to monitor customer interactions, helping with risk identification and process efficiency.
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Bloomberg Quint
22h
82
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IPL-Style Cricket League Organised For Inmates At Mathura Jail
- An IPL-style cricket tournament named 'Champions Cricket League' was organized for inmates at Mathura district jail in Uttar Pradesh with eight teams comprising 130 inmates.
- The teams were named after IPL franchises like Knight Riders, Capitals, and Super Kings to promote a positive mindset among the inmates.
- The final match was won by the Knight Riders team against the Capitals, marking the success of the initiative to engage inmates in sports activities.
- The event aimed at rehabilitation through sports and was supported by the Mathura Refinery unit of Indian Oil Corporation through CSR funding for constructing arenas and providing cricket kits.
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Bloomberg Quint
22h
89
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Experts Say PNG Rollout To 111 Villages In Delhi A Crucial Step
- Expanding Piped Natural Gas (PNG) connections to 111 villages in Delhi is a crucial step towards providing clean cooking fuel to marginalized communities, according to experts.
- Kalpana Balakrishnan, Director of the WHO Collaborating Centre for Occupational and Environmental Health in India, emphasized the significance of this initiative in addressing the needs of socio-economically underprivileged households.
- The partnership between the Delhi government, Indraprastha Gas Limited, and other gas distribution companies aims to replace traditional biomass and LPG use with cleaner and safer piped gas connections.
- The plan includes connecting all 357 villages in Delhi to the PNG network by the end of 2025.
- Experts stress the importance of scaling up clean cooking programs to reduce health risks associated with indoor air pollution from biomass fuels.
- The PNG expansion targets over 1 lakh households in low-income communities that have lacked access to clean cooking fuels, contributing to Delhi's pollution burden.
- While initiatives like the Pradhan Mantri Ujjwala Yojana have improved access to LPG cylinders, sustainable transitions to clean cooking remain a challenge for many beneficiaries.
- Affordability, safety awareness, and community support are crucial for the sustained use of PNG in rural areas, particularly for poor women who face health risks due to indoor air pollution.
- Air pollution remains a major global health concern, with India and China recording significant fatalities due to pollution-related diseases.
- Improving access to clean cooking fuels like PNG can help reduce indoor air pollution-related deaths, especially among vulnerable populations like women and children.
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Bloomberg Quint
22h
182
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Apple iPhone 17 Pro Max: Launch Date, Features, Specifications And More
- Apple is set to launch its iPhone 17 series in September, with models including iPhone 17, iPhone 17 Pro, iPhone 17 Pro Max, and a lighter option called the iPhone 17 Air.
- The iPhone 17 Pro Max is expected to feature a 6.9-inch ProMotion Retina display, powered by the Apple A19 Pro chipset, with triple 48 MP rear cameras and a 24 MP selfie camera.
- Both iPhone 17 Pro and Pro Max will come with enhanced features, differing mainly in screen size and RAM capacity.
- The upcoming iPhone models are anticipated to have USB-C charging ports, increased battery capacities, and higher price tags, possibly exceeding $2,300 for the iPhone 17 Pro Max in certain markets.
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Eu-Startups
22h
332
Czech investment fund Rockaway Ventures targets game-changing tech with new €55 million raise
- Prague-based Rockaway Ventures, the investment fund of Rockaway Capital, raised €55 million for its second fund, Rockaway Ventures II, to support early-stage startups in Central and Eastern Europe (CEE) and other emerging markets.
- The fund focuses on early-stage investments, particularly in sectors like energy, defense, and dual-use technologies, aiming to provide support throughout startups' growth journeys.
- Rockaway Ventures, established in 2014, invests mainly in areas of expertise within the Rockaway Capital group, including retail, e-commerce, cybersecurity, defense, CleanTech, and PropTech.
- The current fund plans to expand its portfolio by investing 60% in CEE companies and 40% in Western Europe and diaspora-led startups from Czechia, with notable investments including Apaleo, CulturePulse, and Gjirafa.
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Bloomberg Quint
22h
37
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Heads Up Windows, Mac, Linux Users: High-Severity Chrome Flaw Patched By Google; Update Now
- Google has issued an emergency security patch to fix a high-severity flaw in the Chrome web browser that could lead to account takeover.
- The vulnerability, categorized as high severity, allows remote attackers to leak cross-origin data through malicious HTML pages.
- Google has released updates to address this critical security issue, which is one of the four Chrome vulnerabilities being patched.
- Users on Windows, Mac, and Linux are advised to update their Chrome to the patched versions to protect against potential account compromise.
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Bloomberg Quint
22h
235
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Heard On The Street: Dealers Spot Action In GE Shipping, LIC Housing, Premier Energies And PSU Stocks
- Dealers spot action in stocks like GE Shipping, LIC Housing, Apar Industries, Premier Energies, and PSU Stocks in the latest edition of 'Heard On The Street.'
- Key highlights from the dealing room chatter during trade include potential buyback buzz for GE Shipping, smart investors accumulating LIC Housing for being the cheapest housing finance NBFC, a large foreign institutional investor buying Apar Industries, and HNIs accumulating Premier Energies ahead of strong Q4 earnings expectations.
- PSU-focused mutual fund schemes like Aditya Birla, Invesco, ICICI Prudential, Quant, and SBI have been active buyers in stocks like BEML, Cochin Shipyard, Garden Reach, IRCON, and RITES.
- Disclaimer: The information provided is based on NDTV Profit's dealing room channel checks and is for informational purposes only. It does not constitute financial advice.
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