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Bloomberg Quint
10h
342
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Vodafone Idea's Stake Pick Up By Government Not Just About Numbers, Say Industry Experts
- The government's stake acquisition in Vodafone Idea is good for competitors and other telecom firms like Indus Towers.
- The government's stake in Vodafone Idea is not just about numbers, but is aimed at keeping the telecom operator going.
- With the government taking more stake, Vodafone Idea can borrow more money from the market to invest in their capital expenditure.
- Experts believe that the government's interest in Vodafone Idea is positive for competitors like Jio and Bharti Airtel, as it brings more players into the market.
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Bloomberg Quint
10h
253
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China Enters Era Of Flying Taxis, Grants Approval To Commercial Passenger Drones
- China has granted approval for commercial passenger drones as part of their efforts to accelerate the development of the low-altitude economy.
- Two companies, EHang Holdings and Hefei Hey Airlines, have obtained air operator certificates to operate autonomous passenger drones.
- China's low-altitude airspace services are valued at $207 billion by 2025.
- The move is in line with China's pursuit to be at the forefront of the world's 4th Industrial Revolution.
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Medium
10h
42
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Rajat Khare Empowering European Startups with Smart Venture Capital Investments
- Rajat Khare, a venture capitalist based in Luxembourg, is empowering European startups with smart venture capital investments through his firm Boundary Holding.
- Khare believes in supporting startup founders to revolutionize industries and build sustainable companies for long-term success.
- Boundary Holding has invested in various sectors such as robotics, aerospace, automation, AI, and satellite technology.
- Khare plans to expand his investments in 50 to 60 more startups over the next three years, aligning with the growing momentum in the European startup ecosystem.
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Bloomberg Quint
10h
289
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Nothing Teases CMF Phone 2 And More: Pokémon-Inspired Teasers And What Else We Know
- Nothing has started teasing new additions to the CMF range, including the potential launch of CMF Phone 2.
- Three other products are also expected, possibly refreshed versions of CMF Watch, CMF Earbuds, and a new mid-range product category.
- The launch date of CMF Phone 2 remains uncertain, with potential release speculation in April or May 2025.
- Nothing introduces a new Camera Capture feature for its Essential Space platform and hints at future updates for an enhanced user experience.
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Bloomberg Quint
10h
42
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Anand Rathi Group's Brokerage Arm Re-Files Draft Papers For Rs 745 Crore- IPO
- Anand Rathi Share and Stock Brokers' brokerage arm, Anand Rathi Share and Stock Brokers Ltd., re-filed draft papers with SEBI for an IPO to raise Rs 745 crore.
- The IPO will include only fresh issue of shares worth Rs 745 crore, with the proceeds to be used for long-term working capital requirements and general corporate purposes.
- The equity shares are proposed to be listed on the National Stock Exchange of India Ltd and BSE Ltd.
- Nuvama Wealth Management Ltd., DAM Capital Advisors Ltd., and Anand Rathi Advisors Ltd. are the book-running lead managers for the issue.
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Bloomberg Quint
10h
122
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Gold Hits All-Time High: What Is The Best Investment Option - Physical Or Digital?
- Gold prices remain at its peak across India on April 1, with Chennai recording the highest rate at 89,430 per 10 grams.
- Investment options for gold include physical gold (gold bars, coins, and jewelry), digital gold, gold ETFs and ETPs, gold mutual funds, and gold futures and options.
- Factors to consider when choosing between physical and digital gold include storage and security, liquidity, costs and fees, and market understanding.
- For easy trading and lower costs, digital gold is recommended, while for tradition or security, physical gold is preferred.
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Bloomberg Quint
10h
7
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Foreign Buying Of Indian Shares Accelerates On Recovery Bets
- Foreign investors are accelerating their purchases of Indian equities on hopes of continued recovery ahead of the upcoming earnings season, while also benefiting from lower valuations following a recent selloff.
- Global funds purchased $2.6 billion of Indian shares on a net basis in the week through March 27, their biggest inflow since early December.
- The benchmark NSE Nifty 50 Index is still about 10% off its previous peak levels seen in September, though it advanced in March for its first gain in the past six months.
- Foreign investors have been buying shares in India, betting on signs of an economic rebound and expecting a recovery in the equity market.
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Bloomberg Quint
10h
318
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Trump's Auto Tariffs Rile Hyundai, Nissan, Honda Stocks; Tata Motors To Face Brunt?
- Shares of Tata Motors are down 6.5% since last week when US President Donald Trump announced auto tariffs.
- Tariffs announced by Trump have affected Hyundai, Nissan, and Honda stocks, with declines of 11.1%, 10.8%, and 10.2% respectively.
- Tata Motors, particularly its UK-based arm Jaguar Land Rover, may also face an impact as the US is one of its markets.
- However, the impact on Indian automobile manufacturers is expected to be minimal, with Tata Motors being the only exception due to its association with Jaguar Land Rover.
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Bloomberg Quint
11h
121
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Accenture To Drive Malabar Gold & Diamonds’ Operations Using AI, Cloud Tech
- Accenture is collaborating with Malabar Gold & Diamonds to drive the jewelry retailer's technology operations.
- Accenture will develop a scalable and secure technology platform to streamline Malabar Gold & Diamonds' business processes.
- The platform aims to enhance customer experience, improve forecasting, and adapt to changing market needs.
- The collaboration will also focus on regulatory compliance and activate the platform through employee training and adoption strategies.
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Bloomberg Quint
11h
222
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TCS Q4 Results: Date, Dividend News, Earnings Conference Call Schedule And More
- Tata Consultancy Services (TCS) is set to announce its financial results for the fourth quarter of the fiscal year 2025 on Apr. 10.
- The company will release its earnings report after market trading hours on Apr. 10.
- TCS will broadcast a press conference at 5:30 pm to provide insights into the company's financial performance. The earnings conference call will follow at 7 p.m. IST.
- TCS's board will also discuss and approve a final dividend, if any, for the financial year ending March 31, 2025.
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Bloomberg Quint
11h
89
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Jain Resource Recycling Files DRHP For Rs 2,000-Crore IPO
- Jain Resource Recycling has filed its draft red herring prospectus for a Rs 2,000-crore IPO, consisting of a fresh issue of Rs 500 crore and an offer for sale of Rs 1,500 crore.
- The company reported a revenue of Rs 3,107 crore and a profit after tax of Rs 91.8 crore for FY23, and a revenue of Rs 4,485 crore and a PAT of Rs 163.8 crore for FY24.
- The lead managers for the IPO are DAM Capital, ICICI Securities, Motilal Oswal, and Prabhudas Liladher.
- Jain Resource Recycling specializes in manufacturing non-ferrous metal products by recycling metal scrap, and the IPO proceeds will be used for debt repayment and general corporate purposes.
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Fintechnews
11h
100
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IFC Weighs US$75M Investment to Support SeaMoney’s Thai Lending Operations
- The International Finance Corporation (IFC) is considering a $75 million investment to support SeaMoney's digital lending program in Thailand.
- The investment is part of a proposed asset-backed securities (ABS) issuance to increase financial access for underserved communities.
- IFC plans to invest in the senior tranche of the ABS, backed by nano loan receivables from SeaMoney's lending program regulated by the Bank of Thailand.
- At least 60% of the investment will be targeted towards women borrowers, aligning with IFC's focus on inclusive finance.
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Bloomberg Quint
11h
344
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5 Crucial Money Rules You Must Follow In FY26
- Managing your money well is one of the most important steps for a financially secure future.
- Prepare a budget: Divide your money into essentials and discretionary spending, while setting aside some amount for savings.
- Build an emergency fund: Create a fund that can cover at least six to twelve months of expenses.
- Investment: Explore different investment options like fixed deposits, stock market, and mutual funds.
- Buy insurance: Evaluate your priorities and choose the best insurance coverage for your needs.
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Bloomberg Quint
11h
326
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Maruti Suzuki Clocks Record Sales In FY25 Amid Muted India Sales, Surging Exports
- Maruti Suzuki's total sales rose 4.63% YoY to 22,34,266 units in FY25.
- Domestic passenger-vehicle sales increased by less than 1,000 units in FY25.
- Maruti Suzuki's exports surged by nearly 50,000 units in FY25.
- Total India sales increased by 2.66% YoY to 19,01,681 units in FY25.
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Bloomberg Quint
11h
219
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Samsung Galaxy Tri-Fold Phone To Launch In October 2025? Check Display, Tech, More
- Samsung is planning to launch a tri-fold smartphone that folds both inward and outward.
- The device will feature an incredibly thin display that can spin 360 degrees, allowing for use from any angle.
- The smartphone could utilize ultra-thin glass and dedicated folding areas to ensure seamless functioning without screen damage.
- The expected release for the Samsung tri-fold phone is tentatively set for October 2025.
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