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Bloomberg Quint
1w
88
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JSW MG Motor Says Rare Earth Magnet Shortage Won't Impact Production In Near Future
- JSW MG Motor India states rare earth magnet shortage won't affect production soon.
- Global rare earth magnets scarcity not currently impacting JSW MG Motor.
- China's magnet supply restrictions affecting both EV and ICE vehicle makers.
- Company plans to set up 14 premium car showrooms in 13 key cities.
- JSW MG Motor emphasizes working closely with government to address supply issues.
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Bloomberg Quint
1w
265
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DFS Flags Key Challenges for NBFCs, Urges Fair Lending Practices
- Department of Financial Services Secretary, M Nagaraju, encourages NBFCs to uphold fair and ethical lending practices amidst mounting operational and regulatory challenges.
- The government is actively engaging with stakeholders to address risks and challenges in the NBFC sector, including funding reliance on banks, liquidity issues, and taxation complexities.
- DFS is committed to working on sustainable solutions by discussing challenges, opportunities, and innovations within the NBFC ecosystem with relevant authorities.
- Nagaraju advises NBFCs to consider consolidation, strengthen balance sheets, invest in capacity building, and implement global best practices in governance and risk management.
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Bloomberg Quint
1w
63
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Samsung Galaxy Z Fold 7 Price In India, US, Canada, UK, Europe, UAE
- Samsung has unveiled the Galaxy Z Fold 7 featuring a thin, light, and flexible design with advanced AI-powered camera and creaseless display.
- The Galaxy Z Fold 7 prices vary globally, with the starting price in India at Rs 1,74,999, in the US at $1,999, in Canada at $2,499, in the UK at £1,799, in Europe at €2,099, and in the UAE at Dh7,599.
- Key specifications of the Galaxy Z Fold 7 include Snapdragon 8 Elite chipset, a 200MP primary camera, 16GB/1TB storage option, 4,400mAh battery, and Armor FlexHinge protection.
- The article is eligible for web story generation.
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Bloomberg Quint
1w
359
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CCI Imposes Fine Of Rs 4 Lakh On Carlyle And Bequest
- The Competition Commission of India (CCI) imposed a fine of Rs 4 lakh on Carlyle and Bequest for incorrectly using the green channel route to acquire stakes in engineering services firm Quest Global Services.
- Carlyle and Bequest's combination did not meet the criteria of the Green Channel as prescribed under the combination regulations.
- Carlyle's affiliate CA Plume Investments and Bequest Inc submitted a notice under the green channel route for the acquisition of equity stakes in Quest Global Services, leading to the penalty.
- The acquirers admitted their error, apologized, and have been directed to pay the penalty within 60 days and submit a fresh notice under the correct format within 30 days.
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Bloomberg Quint
1w
286
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Powell’s Successor May Struggle To Deliver The Rate Cuts Trump Wants
- Trump's desire for rate cuts may face challenges with the next Fed chair.
- Investors are betting on rate drops post Powell's term, driven by Trump's influence.
- New chair will need support for rate adjustments from FOMC members amid differing views.
- Multiple contenders for Fed chair job, including those echoing Trump's call for rate cuts.
- Fed officials divided on rate cuts due to differing views on inflation and tariffs.
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Bloomberg Quint
1w
337
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'One Big Beautiful' Hike Of $250 In Visa Costs For Indians As US Introduces 'Integrity Fee'
- US President Donald Trump has introduced a 'Visa Integrity Fee' of $250 on various non-immigrant visa categories, excluding diplomatic visas.
- Indian applicants will be significantly impacted by the additional fee, with the cost of a B-1/B-2 visa potentially rising to around $472.
- The fee cannot be waived for most travelers, except in specific circumstances where a refund may be applicable if all visa terms are met.
- The Visa Integrity Fee is intended to promote lawful behavior among foreign visitors in the US and will increase annually from 2026 onwards.
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Bloomberg Quint
1w
105
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Strive For Half Of Bank-Credit Volume: Sitharaman To NBFCs
- Finance Minister Nirmala Sitharaman urged NBFCs to strive for at least 50% of the total loan volume disbursed by scheduled commercial banks in India and deepen partnerships with banks and fintechs.
- She emphasized stronger collaboration between NBFCs, public sector banks, and fintechs, encouraging PSU banks to proactively engage with NBFCs for co-lending opportunities and enhance priority sector lending.
- Sitharaman highlighted the importance of technology adoption, calling for 100% digital processes across the loan life cycle and the development of common technology standards for all registered NBFCs.
- The minister also mentioned regulatory measures by the RBI to improve credit outlook, urged NBFCs to pass on benefits of lower funding costs to borrowers, and advised non-bank lenders to balance growth with governance and risk management.
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Bloomberg Quint
1w
915
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Vodafone Idea COO Abhijit Kishore Re-Elected As COAI Chairperson
- Abhijit Kishore, Chief Operating Officer of Vodafone Idea, has been re-elected as the Chairperson of COAI for 2025-26. Rahul Vatts, Chief Regulatory Officer of Bharti Airtel, will serve as the Vice Chairperson.
- Kishore, with over three decades of experience in the Indian telecom industry, previously led Vodafone Idea's Enterprise Business. He introduced technologies like integrated IoT and managed services.
- Vatts, with 29 years of experience, specializes in telecom and broadcasting licensing, economic regulations, and spectrum management. He heads government relations and regulatory interfaces at Bharti Airtel.
- COAI, comprising major telecom companies like Reliance Jio, Bharti Airtel, and Vodafone Idea, announced its leadership for 2025-26. The industry body highlighted the resilience of the telecom sector amidst challenges and the ongoing transition to 5G and related technologies.
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Siliconangle
1w
722
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Blok raises $7.5M to build AI agents that simulate human behavior to accelerate software testing
- Blok Intelligence Inc. secures $7.5 million in funding to develop AI agents that mimic human behavior for software testing.
- The funding round was led by MaC Venture Capital and included participation from angel investors at companies like Google, Apple, and Meta Platforms.
- Blok's AI agents are designed to expedite software testing by simulating how different users interact with software, enabling developers to identify key features and address any usability issues efficiently.
- The startup aims to revolutionize software testing, condensing traditional weeks-long processes into mere hours, catering to the demand for more personalized and user-centric software products.
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TechCrunch
1w
425
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How startups are rewriting the late-stage playbook at TechCrunch Disrupt 2025
- TechCrunch Disrupt 2025 will bring together 10,000+ startup and VC leaders to discuss how founders are adapting in today's market.
- David George of Andreessen Horowitz will discuss scaling and succeeding in an environment where old rules no longer apply at the event on October 27.
- Startups staying private longer face new expectations around capital efficiency, liquidity, and growth strategy.
- The session will cover the changing IPO landscape, employee liquidity, and strategies for startups to navigate longer timelines for big outcomes.
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Eu-Startups
1w
143
German startup CYNiO raises over €2 million for next the step in the specialty chemicals industry
- Freiberg-based chemical startup CYNiO has raised over €2 million in investment capital to scale its sustainable technology for isocyanate production and expand its product portfolio.
- The funding involved investment from bmp Ventures, IBG Innovation Fund, and TGFS Technologiegründerfonds Sachsen to support CYNiO's path to market readiness.
- CYNiO specializes in safe, flexible, sustainable production of CO₂-based isocyanates, crucial building blocks for various industries, aiming to spark innovation in end products.
- The company's first production facility will be in Bitterfeld-Wolfen Chemical Park, Saxony-Anhalt, aiming to reduce dependence on imports and strengthen Europe as a production location.
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Bloomberg Quint
1w
25
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JSW Energy Added To FTSA Russell's FTSE4Good Index
- JSW Energy has been added to FTSE Russell's FTSE4Good Index Series for demonstrating strong environmental, social, and governance practices.
- The company aims for carbon neutrality by 2050 and plans to increase its generation capacity and energy storage by 2030.
- JSW Energy's subsidiary signed a power purchase agreement for a solar-wind hybrid capacity project expected to be commissioned in the next 24 months.
- Despite its shares falling in the past year, analysts remain positive about JSW Energy with a potential upside in the stock price.
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Eu-Startups
1w
50
Nebeus launches crowdfunding campaign to power the future of crypto payments (Sponsored)
- Nebeus has launched a crowdfunding campaign on Republic to revolutionize crypto payments in response to the growing digital finance sector.
- The company has shown significant growth and market demand, achieving €2.2 million in revenue in 2024 with regulatory approvals in the UK, Spain, and Argentina.
- Nebeus offers a fully integrated financial platform with services like crypto-friendly Mastercards, crypto-backed loans, and cross-border payments powered by stablecoins.
- The crowdfunding campaign aims to accelerate product development, expand into new markets, and enhance client acquisition, focusing on a B2B2C vertical and strengthening regulatory compliance.
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Bloomberg Quint
1w
84
Image Credit: Bloomberg Quint
Samsung Galaxy Z Flip 7, Galaxy Z Flip 7 FE Launched — Price, Features, Specs, Camera, Colours, More
- Samsung has launched the Galaxy Z Flip 7 and Galaxy Z Flip 7 FE, with notable improvements and features for foldable phone enthusiasts.
- The Samsung Galaxy Z Flip 7 features a sleek design, a 3nm processor, dual rear cameras, a 4,300mAh battery, and runs on One UI 8 and Android 16.
- The Galaxy Z Flip 7 has a 4.1-inch Super AMOLED cover screen, a 9-inch Dynamic AMOLED main display with 120Hz refresh rate, and is priced starting at $1,099.
- Samsung also introduced the more affordable Galaxy Z Flip 7 FE with a 6.7-inch primary display, a 50MP FlexCam, and it comes in black and white color options, starting at $899.
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Bloomberg Quint
1w
1.9k
Image Credit: Bloomberg Quint
Ahmedabad Plane Crash Initial Report To Be Made Public This Week: AAIB To Parliament Panel
- The Aircraft Accident Investigation Bureau will release a preliminary report on Ahmedabad plane crash.
- The investigation is ongoing with assistance from foreign players, such as Boeing.
- AAIB can submit a preliminary report within 30 days of the accident as per ICAO norms.
- Officials from various agencies discussed safety standards in a Parliamentary Standing Committee meeting.
- Concerns were raised about air traffic control, urbanization around airports, and DGCA vacancies.
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