MARKET APPEAL
Paras Defence announces 1:2 stock split along with Q4 results, final dividend
Paras Defence has declared a 1:2 stock split and its first-ever dividend of Rs 0.50 per share. The company’s Q4 FY25 net profit surged 117% year-on-year to Rs 20.83 crore, with revenue rising nearly 36% to Rs 108.23 crore.
Indian entertainment sector could unlock $6 billion in unrealised value by 2030: Report
A new report suggests India's entertainment industry has potential for growth. It could unlock $6 billion by 2030. This growth depends on global collaboration and technology. The report highlights the need for strategic changes. It emphasizes content creation and audience alignment. The Content India 2026 event will further explore these findings. The industry aims to become a global entertainment hub.
Blending tradition with benefits! 5 reasons why to buy gold this Akshaya Tritiya
Akshaya Tritiya gold 2025: Gold prices have dropped nearly 5% ahead of Akshaya Tritiya, prompting experts to recommend staggered investments. With strong historical returns, portfolio diversification benefits, and rising central bank demand, gold remains an attractive asset amid ongoing market uncertainties.
NFO Alert: Mirae Asset Mutual Fund launches Nifty50 Equal Weight ETF
Mirae Asset Mutual Fund has launched the Mirae Asset Nifty50 Equal Weight ETF, offering equal exposure to all Nifty 50 stocks. The NFO is open until May 6, with investments starting from Rs 5,000. Designed for broader diversification, the fund may outperform during broad-based rallies and suits investors seeking reduced concentration in top large-cap stocks.
Content studios launch Madlab Alpha with Rs 250 crore investment plan
Bodhitree Multimedia, Madlab Films, and Universe of Ideas have launched Madlab Alpha, investing Rs 250 crore in disruptive content for cinema and streaming. Aiming to replicate A24's success, the studio will focus on original stories in Hindi, regional languages, and global projects, utilizing AI to enhance storytelling.
UK student homes taking longer to fill on weaker overseas demand
UK student accommodation sector faces a downturn as leased dorms for the next academic year plummet to 36%, a four-year low. This decline is attributed to softening leasing velocity, increased accommodation supply, and a drop in international postgraduate student numbers.
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India dominates global IPO scene, raising $2.8 billion in March quarter: EY report
India accounted for 22% of global IPO activity in Q1 2025, raising $2.8 billion across 62 IPOs. Strong investor interest and sectoral growth supported robust market momentum.
Reliance’s FMCG arm becomes India’s 8th largest in just 2 years, surpassing Marico
Reliance’s FMCG arm has swiftly become India’s eighth-largest, clocking Rs 11,500 crore revenue in FY25. Driven by brands like Campa and Independence, it surpassed Marico and Tata Consumer’s India business. With aggressive expansion, rapid product rollouts, and store rationalisation, Reliance Retail continues reshaping India’s consumer goods landscape, including quick commerce ambitions.
Indian Gold ETF holdings up by over 200% in 5 years : Zerodha Mutual Fund
The number of Gold ETF folios in Inda have gone up by over 13-fold between March 2020 and March 2025, providing investors with a convenient and efficient way to access the gold market without the challenges of physical storage.
Biggest call is to conserve money and stick to old warhorses like banks: Dinshaw Irani
Dinshaw Irani of Helios Mutual Fund is cautiously optimistic, favoring established investments amid market volatility. He anticipates a potential boost in the December quarter if the US eases tariff tensions. Irani is bullish on the power sector despite limited appealing investment options, and sees the banking sector, fueled by FII inflows and increased liquidity, as a key market driver.
KKR-backed InCred is said to be in talks with advisers on Rs 4,000 crore IPO
InCred Financial Services, an Indian lending firm, is preparing for an initial public offering. The company aims to raise approximately 40 billion rupees. Discussions are underway with advisers like IIFL Securities and Kotak Mahindra Bank. The IPO could happen by October in Mumbai. The firm is seeking a valuation of at least 150 billion rupees. KKR & Co.
GIFT Nifty up 10 points; here's the trading setup for today's session
Indian equities rallied on Monday, buoyed by positive earnings reports from major companies like Reliance and the absence of escalating India-Pakistan tensions. Foreign portfolio investors turned net buyers, while the rupee strengthened against the US dollar. Technical analysis suggests a 'buy-on-dips' strategy, with the next resistance level around 24550.
Blank 'slate' EV: This pickup truck can convert into an SUV and even features 3D printed parts for DIY personalization
Slate Auto has unveiled an affordable, customizable electric pickup truck starting at $25,000, with options to upgrade and personalize its design. Offering a range of 150-240 miles, the truck emphasizes flexibility, from basic two-seater models to family-friendly SUVs. With a focus on DIY modifications and 3D-printed parts, the Slate Truck is set to revolutionize the EV market by 2026.
Akshaya Tritiya 2025: Gold prices high, but jewellers anticipate strong sales amid demand for gemstones
Despite high gold prices, jewelers anticipate positive sales this Akshaya Tritiya, driven by gold's safe-haven appeal and cultural significance. Geopolitical uncertainties and a weakening dollar have fueled the upward trajectory of gold prices. Alongside gold, high-quality gemstones are gaining traction as an emerging asset class, offering consumers a unique investment option.
Zoho's Sridhar Vembu warns there is still a chance to protect your income before AI takes away your job
Zoho CEO Sridhar Vembu advises caution regarding claims of massive job displacement due to AI, citing research indicating limited current impact on the labor market. A study from Denmark reveals that despite AI adoption, productivity and job markets haven't significantly shifted. While AI tools create new tasks, users suggest focusing on upskilling and leveraging existing technologies for optimal effectiveness.
Proposed Rs 555 cr acquisition of SML Isuzu strong strategic fit for company: M&M
Mahindra & Mahindra's acquisition of a majority stake in SML Isuzu for Rs 555 crore will help the company expand in the commercial vehicle segment. The company aims to increase its market share significantly by FY36. The deal includes stakes from Sumitomo and Isuzu, with an open offer to follow.
Top-performing India fund sounds caution on stocks, raises cash
Pricey valuations and fading earnings growth prospects are prompting caution among top fund managers. Abhishek Singh of DSP Mutual Fund has raised cash holdings in a large-cap fund to 13% amid concerns over India's slowing economy and global volatility. Singh warns investors to temper return expectations, anticipating sharp rallies and crashes as valuations remain elevated.
Hybrid mutual fund schemes' inflow moderates in FY25; number of investors, AUM soar
Hybrid mutual fund schemes attracted Rs 1.19 lakh crore in 2024-25, 18 per cent lower than the preceding fiscal, owing to market turbulence in the second half of FY25 triggered by corporate earnings slowdown and geo-political tensions.
Can Pierre Poilievre's youth appeal be a game-changer in Canada's 2025 election?
Pierre Poilievre is trying to attract young voters. He is asking for a big voter turnout. He wants to bring changes to Canada. Young voters are worried about the economy. They are concerned about housing costs and jobs. Poilievre promises to cut taxes. Analysts say he needs young voters to win. He must inspire them to vote.
Pak initiates 'emergency' steps to secure drug supplies after trade suspension with India
Following trade suspension with India, Pakistani health authorities are taking "emergency preparedness" steps to secure pharmaceutical supplies. Pakistan relies on India for 30-40% of its pharmaceutical raw materials. DRAP is seeking alternative sources from China, Russia, and Europe. Industry insiders warn of potential shortages, especially for critical medicines.
Gold's record-breaking surge likely to face headwinds as analysts advise caution
Gold has surged 26% YTD in 2025, hitting historic highs amid central bank buying, inflation fears, and geopolitical tension. Experts warn of short-term corrections as momentum slows despite robust long-term fundamentals.
Nigerian tribunal upholds $220 million fine against Meta
FCCPC chief executive officer Adamu Abdullahi said investigations carried out in conjunction with the Nigeria Data Protection Commission between May 2021 and December 2023 revealed "invasive practices against data subjects/consumers in Nigeria". Abdullahi accused Meta of discriminatory practices, abuse of market dominance, sharing Nigerians' data without authorisation and denying Nigerians the right to determine how their data are used.
Reliance Retail's consumer business revenue hits Rs 11,500 cr in FY25
Reliance Retail's consumer business achieved Rs 11,500 crore revenue in FY25. It became the company's fastest-growing sector in India. Reliance is expanding its FMCG presence nationwide with brands like Independence and Campa. Campa gained double-digit market share in key areas. Reliance acquired Velvette and launched Campa Energy and Spinner.
How smaller brands are driving the growth of branded retail beyond metros
Indian apparel labels are expanding into tier 2 and 3 cities due to rising consumer spending and increased brand awareness through online shopping. Mid-sized and regional brands are capitalizing on lower operating costs and a better understanding of local tastes, while larger brands face challenges in customizing collections for these diverse markets.
What bullion getting lakh lustre tells us
The bullion rally has a deeper impact on Indian consumers' attitude towards gold, reinforcing the metal's appeal as a hedge. This weighs in on the traditional preference for unproductive physical savings. In India's case, this also amounts to the export of a significant portion of household savings.
Apple fined $570 million and Meta $228 million for breach of EU law
The sanctions follow a year-long investigation by the European Commission, the EU executive, into whether the companies comply with the Digital Markets Act that seeks to allow smaller rivals into markets dominated by the biggest companies. Apple said it would challenge the EU fine.
Canada’s condo crisis; survey reveals shifting investment options
A new survey reveals that around 30% of Canadians no longer see condos as a good investment, with only 11% considering buying one for that purpose. High inventory and a slowing rental market are concerns for investors, despite condos remaining an entry point for first-time homebuyers, particularly younger individuals
Indian consumer stocks are ready for a rebound: UBS
The brokerage raised its ratings on Hindustan Unilever, ITC, Trent and Colgate to 'buy', while maintaining its 'buy' on Avenue Supermarts (DMart), Godrej Consumer Products and Britannia. UBS' top picks could return between 5% and 22% in the next twelve months
Not discounts. How Dubai gold jewellers are trying to attract Indian shoppers as prices surge 30% in just 4 months
Dubai's gold market, long a haven for Indian shoppers, faces challenges as gold prices soar and India reduces import duties. Jewellers are shifting strategies, emphasizing unique designs and lab-grown diamonds to attract Indian buyers seeking exclusivity.
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