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Bloomberg Quint

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Global Market Rally Boosts Sentiment; Indian Markets Likely To Open Higher on Friday

Domestic benchmark equity indices may see positive trading sentiment on Friday thanks to a spectacular rally in world markets after US President Donald Trump announced a 90-day tariff pause, excluding China from the reprieve.
In Asian markets, Tokyo's Nikkei 225 index jumped 9.13%, South Korea's Kospi surged 6.60%. Hong Kong's Hang Seng went up 2.06% and Shanghai SSE Composite index climbed 1.16%.
Indian markets too would see a similar kind of 3-5% gap-up opening on Friday, as we believe any negative action against China with a tariff increase to 125% would eventually benefit India the most.
Leading large caps in banking and financials will rally. It is likely to be an across-the-board buying.

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Bloomberg Quint

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Ashwini Vaishnaw Clarifies RTI Disclosures Will Not Be Affected By New Data Protection Rules

Personal details subject to public disclosure under various laws will continue to be disclosed under the Right to Information Act after the implementation of the new data protection rules, clarified Union Minister Ashwini Vaishnaw.
Vaishnaw stated that the amendment to the Digital Personal Data Protection (DPDP) Act 2023 aims to strengthen privacy rights and prevent potential misuse.
Section 44 (3) of the DPDP Act seeks to amend Clause 8(1)(j) of the RTI Act 2005, but will not restrict the disclosure of personal information mandated by other laws.
Personal data subject to legal disclosure obligations for public representatives and welfare programs will continue to be shared under the RTI Act.

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Bloomberg Quint

339

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Coromandel International Seeks CCI Nod for Majority Stake Acquisition in NACL Industries

Coromandel International has sought CCI approval to acquire a majority stake in NACL Industries.
The company plans to acquire a 53% stake in NACL Industries for Rs 820 crore, expanding its agro-chemical portfolio.
Coromandel International aims to enter the contract manufacturing business, fast-track new product commercialization, and expand its product portfolio through the acquisition.
The acquisition will help Coromandel International to enhance its scale and achieve future growth.

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Bloomberg Quint

275

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CITI Urges Govt to Introduce Interim Textile Exports Protection Scheme Amid Tariff Concerns

The Confederation of Indian Textile Industry urges the government to introduce an interim Textile Exports Protection Scheme.
CITI calls for more engagement with US counterparts to secure sustainable tariff solutions.
The US is the largest destination for Indian textiles and apparel exports.
India has a strategic opportunity to emerge as an alternative to China in the US market.

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Siliconangle

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Fern gets $9M in funding to automate the creation and maintenance of software development kits

Fern, a startup, has raised $9 million in funding to automate the creation and maintenance of software development kits (SDKs) and their documentation.
The Series A funding round was led by Bessemer Venture Partners and Y Combinator, bringing Fern's total funding to $13 million.
Fern aims to simplify SDK maintenance by automating the upkeep of SDKs, crucial for working with public APIs.
SDKs help developers build software applications by providing tools, libraries, and guidelines to interact with a platform or programming environment.
Fern uses AI to analyze APIs and generate/update SDKs in multiple languages, such as TypeScript, Python, Java, etc.
Their main offering, Fern SDK Generator, automates the publishing and maintenance of SDKs to platforms like GitHub and npm.
In addition to SDKs, Fern also automates the creation of documentation websites called Fern Docs, providing API references and interactive playgrounds for developers.
Fern's upcoming AI assistant, Ask AI, will answer technical questions about the documentation it creates.
The company's approach aims to ensure a smooth developer experience with updated SDKs, well-documented methods, and interactive features.
Fern's tools are already used by over 150 enterprises, and its future plans include Model Context Protocol servers for AI-driven integration.

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Medium

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No help? No Network? No Problem: How to reach out Investors from Scratch — Part 2

Prepare your CRM for investors using tools like Notion, Airtable, Hubspot, or Salesforce to track and manage investor interactions.
Customize your CRM with appropriate templates and properties, and set up reminders and basic automations for efficiency.
Utilize tools like Make, Zapier, or n8n for automations and data management to streamline your outreach process.
Collect emails using tools like Apollo, Hunter.io, Lusha, or Lemlist, and spend time ensuring accurate data for outreach.
Craft personalized and well-thought-out emails with a catchy tagline, compelling bullet points, and a clear call to action.
Leverage introductions from your network, LinkedIn connections, and AI or sales tools to access potential investors.
Consider using tools like Referly, Gong, or Boardy to identify mutual connections that can facilitate introductions.
Implement email sending tools like Lemlist, PhantomBuster, or Google Sheets-Gmail combo for mass outreach within budget constraints.
Follow a gradual outreach approach, setting KPIs, and not hesitating to follow up with investors for better engagement.
Stay resilient in the fundraising process, embrace feedback, and be open to refining your pitch and approach based on investor responses.

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Bloomberg Quint

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BSH To Raise India Localisation To 75% By 2025 On Back Of Strong Sales In 2024

German home appliances major BSH plans to increase its localisation to 75% in India by 2025, following strong sales in 2024.
BSH Home Appliances India experienced consistent positive sales momentum in 2024, driven by consumer demand for premium built-in appliances and higher capacity solutions.
The dishwasher segment significantly contributed to the overall growth of BSH India, with a 13% growth in value in 2024.
BSH aims to enhance localisation by 70-75% by 2025 through its 'Make in India' strategy, with current localisation at 60%.

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Bloomberg Quint

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SJVN Releases Rs 269.97 Crore Compensation For Etalin Hydro Project In Arunachal Pradesh

State-owned SJVN Ltd has released land compensation of Rs 269.97 crore for the 3,097 MW Etalin Hydro Power Project in Dibang Valley, Arunachal Pradesh.
The project aims to construct two dams and an underground powerhouse complex, with a targeted commissioning date of December 2033.
The land compensation amount was deposited in the joint account and was part of a Memorandum of Agreement signed between SJVN and Arunachal Pradesh government.
The project, along with four other hydro projects, will have a total capacity of 5,097 MW and a combined investment of approximately Rs 60,000 crore.

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Bloomberg Quint

237

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Mercedes-Benz India Sales Up 4.4%, Strong Growth in Top-End Luxury and EV Segments

Mercedes-Benz India reported a 4.44% growth in sales to 18,928 units in 2024-25.
Sales in the entry-luxury segment witnessed a decline in January-March 2025.
High-end luxury cars and electric vehicles showed strong growth in sales.
Mercedes-Benz's franchise partners will invest Rs 450 crore to enhance brand's presence in metros.

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Bloomberg Quint

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Kansai Nerolac Appoints Pravin Chaudhari As Managing Director

Kansai Nerolac Paints appoints Pravin Chaudhari as Managing Director.
Chaudhari will take over from Anuj Jain, who retires after 35 years with the company.
Chaudhari has over 30 years of experience in the paint industry.
He has expertise in strategy, operations, and leadership.

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Pymnts

212

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Mynt Gets Visa Investment and Joins Reseller Network

Stockholm-based spend management solution provider, Mynt, has partnered with Visa to address the growing demand for efficient spend management tools from small- to medium-sized businesses (SMBs).
Visa will invest in Mynt's Series B funding round and Mynt will become a reseller partner for Visa, allowing Visa to resell Mynt's software-as-a-service (SaaS) solutions directly to issuers.
Mynt's platform offers auto-reconciliation and integration into accounting software, providing spend insights and reducing administrative burdens for SMBs.
This partnership comes at a time when SMBs are facing increased financial pressure and is expected to bring market-leading propositions and service to SMBs across Europe.

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Bloomberg Quint

233

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Tahawwur Rana, Pak-Origin 26/11 Mumbai Attacks Accused Extradited To India

Tahawwur Hussain Rana, a key accused in the 26/11 Mumbai terror attacks, has been extradited to India from the United States.
The National Investigation Agency (NIA) stated that the extradition was the result of years of sustained efforts and coordination with US authorities and Indian intelligence agencies.
The NIA worked closely with the US Department of Justice, US Sky Marshal, Indian intelligence agencies, and the National Security Guard (NSG) for the successful extradition.
Tahawwur Rana's extradition is a significant development in the pursuit of justice for the 2008 Mumbai attacks.

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Bloomberg Quint

224

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Bank Of Baroda Cuts Lending Rates After RBI Move, Keeps MCLR Steady

Bank of Baroda has announced the immediate reduction of lending rates by 25 basis points for retail and small business loans.
The rate cut comes after the Reserve Bank of India's decision to reduce key interest rates by 25 basis points.
However, Bank of Baroda has kept the marginal cost of funds-based lending rate (MCLR) steady.
The benchmark one-year tenor MCLR remains unchanged at 9%.

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Bloomberg Quint

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Trump Tariff Moves May Speed Up India’s Semiconductor Push, Says UBS

India could emerge as a key beneficiary in the semiconductor value chain.
India accounts for just 0.1% of global semiconductor wafer capacity but makes up 6.5% of global chip demand.
Latest tariff hikes by the United States have accelerated efforts to diversify manufacturing beyond China.
India's initial focus on chip assembly, testing, and mature node fabrication supported by government initiatives and investments.

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Bloomberg Quint

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TCS To Hire 42000 Freshers, Wage Hike Decisions Remains Unclear Amid Tariff Woes

TCS plans to hire 42,000 freshers in FY26.
The decision on the wage hike cycle and increments remains undecided.
TCS added 625 employees in the fourth quarter of FY25.
TCS is looking to hire talent for niche and newer technology skills.

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