AIMPWA – Page 31 – msmenews.sbs

Over 80% of key Indian reservoirs half empty

AIMPWAMay 15, 2025

Over 80 per cent of India’s 161 major reservoirs turned half empty this week, while the level in 70 per cent of them was below 40 per cent of the capacity, data from the Central Water Commission (CWC) showed. However, the storage was higher than last year and normal (past 10 years). According to CWC’s weekly...

Gold plunges ₹1,800 to ₹95,050/10 gm amid weak global demand

AIMPWAMay 15, 2025

Gold prices plunged ₹1,800 to ₹95,050 per 10 grams in the national capital on Thursday amid a decline in precious metal rates in the overseas markets, according to the All India Sarafa Association. The precious metal of 99.5 per cent purity slumped Rs 1,800 to Rs 94,600 per 10 grams (inclusive of all taxes). Gold...

BUSINESS

Broker’s Call: Tata Steel (Hold)

AIMPWAMay 15, 2025

Revenue from Indian operations increased 5 per cent on a quarterly basis at ₹34,700 crore, driven by a 6 per cent increase in sales volumes to 5.60 million tonnes | Photo Credit: FRANCIS MASCARENHAS Target: ₹145 CMP: ₹157.35 Tata Steel’s Q4FY25 profitability exceeded our expectations. Revenue rose 5 per cent quarter on quarter (qoq) at...

Broker’s Call: SJS Enterprises (Buy)

AIMPWAMay 15, 2025

Target: ₹1,307 CMP: ₹1087.35 During Q4FY25, SJS Enterprises reported a 7.3 per cent /7.2 per cent /24.1 per cent y-o-y increase in Revenue/EBITDA/PAT to ₹200.5 crore /₹51.0 crore /₹33.7 crore, respectively. During Q4, the company witnessed 9 per cent y-o-y growth in the automotive business compared to 5.7 per cent y-o-y growth in the automotive...

Acorns acquires family wealth and digital memory platform EarlyBird

AIMPWAMay 15, 2025

Savings and investing startup Acorns has acquired EarlyBird, an investment gifting platform for families, the company told TechCrunch exclusively. The financial terms of the deal were not disclosed. As part of the acquisition, EarlyBird will shut down, and all customer accounts will officially close on June 23. Customers’ funds will be returned to the bank...

GPT Infraprojects secures ₹32.29 cr contract from eastern railway in kolkata

AIMPWAMay 15, 2025

GPT Infraprojects Ltd has secured a new contract worth ₹32.29 crore from Eastern Railway, Kolkata, according to a regulatory filing made on May 15, 2025. The contract involves the manufacture and supply of Mono Block Pre-Stressed Concrete Line Sleepers. The shares of GPT Infraprojects Ltd were trading at ₹141.10, up by ₹3.37 or 2.45 per...

BUSINESS

Kalpataru Projects secures orders worth ₹2,372 cr; shares up 4.18%

AIMPWAMay 15, 2025

Kalpataru Projects International Limited secures ₹2,372 crore in new orders, driving growth in power transmission and construction sectors. | Photo Credit: iStockphoto Kalpataru Projects International Limited (KPIL) announced today that it has secured new orders and notification of awards totaling approximately ₹2,372 crores. The engineering and construction company received these orders through its various business...

Rupee slumps 18 paise to close at 85.50 against US dollar

AIMPWAMay 15, 2025

The rupee depreciated 18 paise to close at 85.50 (provisional) against the US dollar on Thursday, weighed down by demand for American dollars from importers and foreign fund outflows. Forex traders the rupee declined on dollar demand. However, a surge in the domestic markets and overnight weakness in crude oil prices cushioned the downside. At...

BUSINESS

Stock markets rally: Sensex jumps 1,200 points, Nifty reclaims 25000 peak after 7 months

AIMPWAMay 15, 2025

Mumbai: A man walks past the Bombay Stock Exchange (BSE) building Benchmark BSE Sensex soared by 1,200 points, while NSE Nifty closed above the 25,000 mark for the first time in seven months on Thursday following across-the-board buying by investors and fresh foreign fund inflows into shares. Rising for the second day, the 30-share BSE...

NSE/BSE, Top Gainers & Top Losers Today 15 May 2025: Tata Motors, HCL Tech, IndusInd Bank in focus

AIMPWAMay 15, 2025

Share prices of Tata Motors Ltd., HCL Technologies Ltd., Adani Ports and Special Economic Zone Ltd., Eternal Energy Ltd., and Maruti Suzuki India Ltd. emerged as the top gainers on Thursday. IndusInd Bank Ltd. was the sole stock among the laggards. The BSE Sensex jumped 1,200.18 points or 1.48 per cent to close at 82,530.74,...

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Stripe’s former growth lead helps African diaspora invest in startups, real estate

AIMPWAJune 19, 2025

When Joe Kinvi joined Touchtech Payments in 2017 as head of finance, the Irish startup couldn’t afford his full salary. So he negotiated for stock to make up the difference. Eighteen months later, Stripe acquired the company, and that equity converted into Stripe shares, enough to let Kinvi leave his job, bootstrap a side project,...

Here are the 24 US AI startups that have raised $100M or more in 2025

AIMPWAJune 18, 2025

Last year was monumental for the AI industry in the U.S. and beyond. There were 49 startups that raised funding rounds worth $100 million or more in 2024, per our count at TechCrunch; three companies raised more than one “megaround,” and seven companies raised rounds $1 billion in size or larger. How will 2025 compare?...

Midjourney launches its first AI video generation model, V1

AIMPWAJune 18, 2025

Midjourney, one of the most popular AI image generation startups, announced on Wednesday the launch of its much-anticipated AI video generation model, V1. V1 is an image-to-video model, in which users can upload an image — or take an image generated by one of Midjourney’s other models — and V1 will produce a set of...

6-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

AIMPWAJune 18, 2025

There’s a lot of talk in the startup world about how AI makes individuals so productive that it could give rise to a generation of “solo unicorns” — one-person companies worth over $1 billion. While an actual solo unicorn remains a mythical creature, Israeli developer Maor Shlomo provided compelling evidence Wednesday that the concept might...

Six-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

AIMPWAJune 18, 2025

There’s a lot of talk in the startup world about how AI makes individuals so productive that it could give rise to a generation of “solo unicorns” – one-person companies worth over $1 billion. While an actual solo unicorn remains a mythical creature, Israeli developer Maor Shlomo provided compelling evidence Wednesday that the concept might...

ALL INDIA MSMES PROMOTION AND WELFARE ASSOCIATION

Latest Posts

Over 80% of key Indian reservoirs half empty

Gold plunges ₹1,800 to ₹95,050/10 gm amid weak global demand

Broker’s Call: Tata Steel (Hold)

Broker’s Call: SJS Enterprises (Buy)

Acorns acquires family wealth and digital memory platform EarlyBird

GPT Infraprojects secures ₹32.29 cr contract from eastern railway in kolkata

Kalpataru Projects secures orders worth ₹2,372 cr; shares up 4.18%

Rupee slumps 18 paise to close at 85.50 against US dollar

Stock markets rally: Sensex jumps 1,200 points, Nifty reclaims 25000 peak after 7 months

NSE/BSE, Top Gainers & Top Losers Today 15 May 2025: Tata Motors, HCL Tech, IndusInd Bank in focus

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Stripe’s former growth lead helps African diaspora invest in startups, real estate

Here are the 24 US AI startups that have raised $100M or more in 2025

Midjourney launches its first AI video generation model, V1

6-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

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Stripe’s former growth lead helps African diaspora invest in startups, real estate

Here are the 24 US AI startups that have raised $100M or more in 2025

Midjourney launches its first AI video generation model, V1

6-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

Six-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

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Stripe’s former growth lead helps African diaspora invest in startups, real estate

Here are the 24 US AI startups that have raised $100M or more in 2025

Midjourney launches its first AI video generation model, V1

6-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

Six-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

Multiplier, founded by ex-Stripe exec, nabs $27.5M to fuel AI-powered accounting roll-ups