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Bloomberg Quint
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North Rhine-Westphalia: A Win-Win Opportunity For Indian Tech Sector & German Innovation
- North Rhine-Westphalia (NRW) serves as India's gateway to Europe, fostering partnerships for mutual growth.
- NRW is a hub of innovation, leading in manufacturing and next-gen technologies like Industry 4.0 and clean energy.
- The synergy between India's digital ecosystem and Germany's industrial prowess presents vast opportunities for collaboration.
- Indian tech companies like Infosys and TCS are thriving in NRW, leveraging the business-friendly environment and support.
- NRW.Global Business facilitates collaborations between Indian and German companies, promoting cross-innovation and digital transformation.
- Areas of collaboration include AI, Industry 4.0, green technology, smart cities, and cybersecurity for sustainable growth.
- NRW is in discussions with Indian companies to establish Centers of Excellence in emerging sectors like Hydrogen and Clean Energy.
- The partnership aims to drive meaningful transformations in German businesses while benefiting Indian firms.
- NRW also focuses on cultural integration, with a growing ecosystem for Indian companies and residents in the region.
- The collaboration between India and Germany offers a win-win scenario, enabling mutual innovation, growth, and sustainability.
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Bloomberg Quint
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393
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JEE Main Answer Key 2025 Session 2 Expected Today At jeemain.nta.nic.in; Steps To Download
- The JEE Main 2025 Session 2 exams were conducted between April 2 and 9.
- The National Testing Agency (NTA) is expected to release the answer key for the JEE Main Session 2 on Friday.
- Candidates can access the JEE Main provisional answer key 2025 Session 2 from the official portal jeemain.nta.nic.in using their login password.
- The NTA will release the final answer key after considering the challenges submitted by the candidates.
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Bloomberg Quint
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357
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Urban Company IPO: Home Services Platform Gets Shareholders' Approval For Rs 528 Crore Fresh Issue
- Home services provider Urban Company has received shareholders' approval for its IPO.
- They plan to raise Rs 528 crore through a primary share issuance.
- The fund utilization plan will be disclosed in the offer documents.
- Urban Company's topline grew 30% YoY to Rs 827 crore in fiscal 2024.
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Bloomberg Quint
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436
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TCS Share Price Falls After Q4 Net Profit Declines, Misses Estimates
- Tata Consultancy Services (TCS) experienced a 1.11% decline in share price following a decrease in net profit for the Q4 of fiscal 2025.
- TCS' net profit fell 1.26% to Rs 12,224 crore compared to the estimated Rs 12,766 crore.
- The company reported a revenue growth of 0.79% to Rs 64,479 crore, and a margin contraction of 27 basis points to 24.19%.
- The disappointing results from TCS led to most brokerages cutting EPS estimates and expressing concern about global macro uncertainty.
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Bloomberg Quint
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156
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Motilal Oswal Remains Neutral On Tata Steel After Nederland's Restructuring Program; Strong Long-Term Outlook
- Motilal Oswal remains neutral on Tata Steel after Nederland's restructuring program.
- The long-term outlook for Tata Steel remains strong.
- Tata Steel Nederland has implemented a transformation program to improve production efficiencies and reduce costs.
- Near-term challenges persist due to global uncertainty around tariff escalations.
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Fintechnews
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Fastest-Growing Asia Pacific Fintechs, According to the Financial Times (2025)
- Digital finance is revolutionizing access to banking, credit, and investment opportunities across Asia Pacific, with nearly 96% of fintech companies prioritizing financial inclusion.
- AI-powered tools, cross-border payments, and super apps are driving the growth of Asia Pacific fintechs, reshaping everyday transactions and possibilities.
- The Financial Times and Statista's annual ranking highlights the fastest-growing Asia Pacific fintechs in 2025, including those in Singapore, India, Indonesia, the Philippines, South Korea, Hong Kong, and Taiwan.
- Key Singapore fintechs like Endowus, Aspire, Nium, and EasyTransfer are innovating in wealth management, business finance, payment networks, and education payment services.
- Companies in India, such as Lendbox, AssetPlus, Svamaan Financial Services, and LenDenClub, are disrupting the lending landscape with peer-to-peer solutions and financial planning services.
- Indonesia's AwanTunai and ALAMI Sharia focus on developing supply chain ecosystems and sharia peer-to-peer funding, while the Philippines' First Circle provides SME financing solutions.
- South Korea's HabitFactory, Aijinet Inc., and THECHEAT offer simplified financial services, insurance brokerage, and fraud prevention respectively.
- Bowtie from Hong Kong and Syncace Technology from Taiwan are making waves in the insurtech and lending sectors with innovative solutions driven by AI and data science.
- The inclusion criteria for the list require companies to have generated revenues starting at $100,000 in 2020 and $1 million in 2023, among other specifications.
- China's absence from the list is attributed to challenges in verifying data; top spot goes to Lendbox, boasting an impressive revenue growth of $51 million in 2023.
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Bloomberg Quint
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406
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Banking Sector Q4 Preview: Lenders Brace For Muted Quarter On Soft Loan Growth, Margin Squeeze
- The banking sector is predicted to have a muted quarter in Q4 due to soft loan growth and margin pressures.
- Frontline private lenders like ICICI Bank and Kotak Mahindra Bank are expected to remain resilient.
- Mid-sized banks, such as IndusInd Bank and AU Small Finance Bank, may face challenges.
- Public sector banks are likely to report subdued earnings growth in line with expectations.
- Overall, banks are expected to see lower credit costs from regulatory changes, but concerns remain for certain segments.
- State Bank of India and Bank of Baroda are expected to post steady earnings with strong asset quality and treasury gains.
- The second half of the new financial year may offer more favorable conditions for state-owned banks and larger private lenders.
- Private sector banks are seen as having solid earnings resilience and reasonable valuations for investors.
- The quarter presents mixed prospects, with evolving liquidity conditions and asset quality concerns being navigated by the banking sector.
- PSU banks are currently better positioned in the near term, with potential benefits from revised norms and recovery trends in asset quality.
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Bloomberg Quint
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105
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Muted March To Margin Impact: TCS Wades Through Tariff Uncertainties As Consumer Businesses Take Hit
- Tata Consultancy Services (TCS) faced uncertainty with customers as tariff dialogues intensified from March, causing a shift from near-term optimism to caution.
- The company reported a muted March quarter performance with metrics falling short of analysts' estimates due to client uncertainties impacting discretionary spends.
- Consumer business, especially in the US, experienced pressure and delays in projects attributed to a drop in consumer sentiment and global trade changes.
- TCS saw a decline in operating margin to 24.2% in the fourth quarter, influenced by factors like the completion of a major BSNL order and increased employee expenses.
- Despite challenges, TCS remains optimistic for fiscal 2026 and aims to improve margins through revenue growth and operational efficiency.
- While the BFSI segment showed positive growth, the insurance sector in North America exhibited softness, and demand in the aircraft industry was strong.
- TCS aims to explore opportunities in Europe, particularly in sovereign and private cloud services, despite limited defense exposure.
- The company's total contract value for the quarter stood at $12.2 billion, with a focus on long-term growth despite expected delays and reductions in Total Contract Value (TCV) going forward.
- TCS declares a final dividend for FY25 and remains positive about the long-term outlook, anticipating a better performance in the new fiscal year compared to the previous one.
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Bloomberg Quint
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313
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Jefferies Bets Big On India: Five Reasons Why The Brokerage Is Overweight
- Jefferies has issued an 'overweight' call on India.
- India's limited exposure to US and Chinese demand is a key buffer.
- Brent crude sliding nearly 20% year-to-date benefits India.
- Foreign portfolio investors underweight on India may lead to fresh inflows.
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Bloomberg Quint
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304
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TCS Q4 Review: Brokerages Cut EPS Estimates Over Demand Concerns Due To Global Macro Uncertainty
- Most brokerages have revised down earnings and earnings per share estimates for Tata Consultancy Services (TCS) due to global macro uncertainty and concerns over demand outlook.
- Tariff threats from the US and rising tension between the US and China are expected to impact IT companies' growth, particularly in the first half of the financial year.
- Kotak Institutional Equities has reduced TCS' revenue growth estimate by 0.6% and EBIT margin estimate by 40-70 basis points. However, they maintain a 'Buy' rating on the stock.
- Nuvama and Dolat Capital Research have also revised down EPS estimates for TCS, but retain a 'Buy' and 'Accumulate' rating respectively on the stock.
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Bloomberg Quint
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296
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Tata Steel Netherlands' New Program Is A Positive Despite A Tough Macro Backdrop, Say Analysts
- Tata Steel Netherlands plans to embark on cost restructuring for its operations.
- The program aims to cut controllable costs by 15% and save €500 million during the fiscal year.
- The initiative includes decarbonization plans and transforming blast furnaces after 2030.
- Analysts expect the program to improve Tata Steel Netherlands' Ebitda per tonne.
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Bloomberg Quint
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TCS Q4 Results Review — Margin Recovery, Valuation Offer Cushion; Motilal Oswal Reiterates 'Buy' On The Stock
- TCS Q4 revenue stood at $30.2 billion, up 4.2% YoY.
- TCS generated a free cash flow of Rs 464 billion in FY25.
- Motilal Oswal expects revenue/Ebit/PAT to grow 2.2%/3.2%/2.8% YoY in Q1 FY26.
- TCS reported a total contract value of $12.2 billion in Q4, bringing the FY25 total to $39.4 billion.
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Bloomberg Quint
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363
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Assam SEBA HSLC Result 2025 To Be Declared Today: Check Time, Direct Link And Steps To Download Marksheet
- The Assam SEBA HSLC results will be declared on April 11, according to Assam Education Minister Ranoj Pegu.
- The notification of the HSLC results was released at 8:00 am.
- Assam Chief Minister Himanta Biswa Sarma clarified that the Assam HSLC or Class 10 board Result 2025 will not be declared on April 10.
- To check the HSLC Result 2025 Assam, students can visit the official website of SEBA or download the ASSEB Results mobile app.
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Bloomberg Quint
1w
355
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TCS Q4 Results Review— Demand Environment Largely Status Quo, Says Dolat Capital, Revises Rating To Accumulate
- TCS reported constant currency revenue decline of 0.8% QoQ, due to unwinding of BSNL deal and certain project delays, margins dip.
- Despite uncertainty from tariff related disruption in macro environment, TCS remains optimistic about achieving better growth in FY26E supported by healthy TCV wins, adds Dolat Capital.
- Since Jan-25, the NIFTY IT Index has corrected by 25%, and has eased valuations considerably. However, macro sentiment has worsened due to tariff-related disruptions, while client budgets remain flattish, leading to continued lower visibility on improving growth outlook.
- Dolat Capital values TCS at 24 times on FY27E earnings of Rs 156 with a target price of Rs 3,760 and upgrades the rating to 'Accumulate'.
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Bloomberg Quint
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348
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Stock Market News Live: GIFT Nifty Indicates Gap-Down Open; TCS Share Price, Tata Steel In Focus
- The benchmark equity indices ended Wednesday's session lower, snapping their single-day advance.
- TCS reported a consolidated net profit of Rs 12,224 crore for the March quarter.
- Tata Steel Nederland announced a major transformation program to enhance its competitiveness.
- The GIFT Nifty fell 0.39% indicating a negative start for the Indian markets.
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