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BUSINESS

EU to propose Russian energy exit plan, eyes US gas as alternative

AIMPWAMay 5, 2025

With the U.S. encouraging the EU to purchase more American gas, the roadmap could play a role in broader transatlantic trade and tariff negotiations. | Photo Credit: SERGEI KARPUKHIN/Reuters The European Union will present a roadmap plan on May 6 on how to wean itself off Russian energy, European Commission spokesperson Stefan de Keersmaecker said...

Broker’s call: BPCL (Reduce) – The Hindu BusinessLine

AIMPWAMay 5, 2025

Target: ₹267 CMP: ₹321.15 Bharat Petroleum Corporation Ltd (BPCL) has reported better-than-expected Q4-FY25 results with EBITDA of ₹7,760 crore (up 2.4 per cent q-o-q, PL Capital estimates: ₹3,570 crore, BBGe: ₹5,790 crore). Adj PAT came in at ₹4,550 crore (down 2.1 per cent q-o-q, PLe: ₹1,410 crore, BBGe: ₹2,520 crore). The company reported an exceptional...

BUSINESS

Angel One Mutual launches Nifty ETF, Nifty Index Fund

AIMPWAMay 5, 2025

Units of the Angel One Nifty 50 ETF will be listed on the NSE, providing easy liquidity and the convenience of trading like any other stock Angel One Asset Management Company Ltd, a wholly owned subsidiary of Angel One Ltd, on Monday launched two new passive funds – Angel One Nifty 50 Index Fund and Angel One Nifty...

BUSINESS

Tea Board revises dust tea auction norms for better effectiveness

AIMPWAMay 5, 2025

Last year, the Centre mandated 100 per cent auction of dust tea from North Indian tea gardens | Photo Credit: RITU RAJ KONWAR The Tea Board India has revised the standard operating procedure (SOP) for the implementation of 100 per cent dust tea auctions after examining proposals to amend the existing SOP and enhance operational...

BUSINESS

Markets rally despite banking drag; Adani stocks soar on US talks

AIMPWAMay 5, 2025

Equity markets extended their upward trajectory on Monday, with the Nifty rising 114 points to 24,461.15 and the Sensex gaining 295 points to close at 80,796.84, driven by strength in auto and energy stocks. Equity benchmarks extended their positive momentum on Monday, with the Nifty ending 114 points higher at 24,461.15 and the Sensex gaining...

BUSINESS

CAMS net profit up 10% in Q4 at ₹114.02 crore

AIMPWAMay 5, 2025

Equity AUM crossed ₹25 lakh crore, maintaining strong inflows despite market volatility Computer Age Management Services Ltd (CAMS) on Monday reported a 10 per cent increase in its consolidated net profit at ₹114.02 crore for the fourth quarter ended March 2025 against ₹103.50 crore reported in the year-ago same period. Consolidated revenue jumped 14.7 per...

Gold loans post record surge in FY25

AIMPWAMay 5, 2025

The growth in gold loans of banks reached an all time high in the financial year 2024-25. According to the latest data of Reserve Bank of India the gold loan portfolio of scheduled commercial banks increased 87.4 percent in the April 2024 and February 2025 period of the last financial year as against 15.4 percent...

BUSINESS

Marico gets thumbs up from analysts post Q4 results

AIMPWAMay 5, 2025

Marico posted a 7.28 per cent increase in consolidated net profit at ₹343 crore in the quarter that ended March 31, 2025 Shares of Marico on Monday jumped 3.7 per cent to end at ₹723.25 on the BSE, after the FMCG major posted better-than-expected quarterly results, that buoyed analysts. Marico posted a 7.28 per cent...

Broker’s call: Newgen Software (Buy)

AIMPWAMay 5, 2025

Target: ₹1,666 CMP: ₹1,042.65 Newgen Software Technologies has delivered a robust performance with nearly 13 per cent q-o-q and around 15 per cent y-o-y revenue growth, primarily driven by a sharp uptick in implementation (+39 per cent q-o-q) and license revenue (+23.5 per cent q-o-q), alongside solid traction in India (+9.5 per cent q-o-q) and...

Tech Mahindra, KOGO AI partner to expand enterprise AI Solutions

AIMPWAMay 5, 2025

Tech Mahindra and KOGO AI announced a strategic partnership today to develop and deploy enterprise-focused Agentic AI solutions globally. The alliance combines Tech Mahindra’s enterprise transformation expertise with KOGO AI’s Agentic AI Platform to deliver AI systems designed for autonomy, scale, and compliance. The partnership will focus on creating intelligent AI agents that integrate with...

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In just 3 months, Ramp’s valuation jumped to $16B, up from $13B

AIMPWAJune 17, 2025

Spend management startup Ramp announced on Tuesday that it raised a $200 million Series E led by its largest investor, Founders Fund, at a post-money valuation of $16 billion. This is a jaw-dropping $3 billion increase over the $13 billion valuation Ramp announced just a few months ago in March, after a $150 million secondary...

STARTUPs

Unlock scaling growth at TC All Stage, and get $210 off for 6 more days

AIMPWAJune 17, 2025

T-minus 6 days until TechCrunch All Stage ticket prices rise. From now until June 22 at 11:59 p.m. PT, founders save $210 and investors save $200 on passes. Are you ready to push your startup to the next level? Or are you an investor looking to back the next big breakthrough? Join TC All Stage...

Applied Intuition raises $600 million as it pushes further into defense

AIMPWAJune 17, 2025

Buzzy autonomous vehicle software company Applied Intuition has closed a $600 million Series F funding round, pushing its valuation up to $15 billion. The round was co-led by BlackRock-managed funds and Kleiner Perkins, and included new investments from the Qatar Investment Authority, Abu Dhabi Investment Council, Greycroft, and more. Existing investors General Catalyst, Lux, Elad...

Sword Health nabs $40M at $4B valuation, pushes IPO plans to at least 2028

AIMPWAJune 17, 2025

Sword Health, an AI-powered digital health startup, has raised $40 million at a $4 billion valuation, a 33% jump from the $3 billion price tag it earned just a year ago. The funding was led by returning investor General Catalyst. Even though 10-year-old Sword Health is cash-flow positive, its CEO and founder, Virgílio Bento, told...

In just 3 months, Ramp’s valuation jumped to $16B from $13B

AIMPWAJune 17, 2025

Spend management startup Ramp announced on Tuesday that it raised a $200 million Series E led by its largest investor, Founders Fund, at a post money $16 billion valuation. This is a jaw-dropping $3 billion increase over the $13 billion valuation Ramp announced just a few months ago in March from a $150 million secondary...

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Latest Posts

EU to propose Russian energy exit plan, eyes US gas as alternative

Broker’s call: BPCL (Reduce) – The Hindu BusinessLine

Angel One Mutual launches Nifty ETF, Nifty Index Fund

Tea Board revises dust tea auction norms for better effectiveness

Markets rally despite banking drag; Adani stocks soar on US talks

CAMS net profit up 10% in Q4 at ₹114.02 crore

Gold loans post record surge in FY25

Marico gets thumbs up from analysts post Q4 results

Broker’s call: Newgen Software (Buy)

Tech Mahindra, KOGO AI partner to expand enterprise AI Solutions

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In just 3 months, Ramp’s valuation jumped to $16B, up from $13B

Unlock scaling growth at TC All Stage, and get $210 off for 6 more days

Applied Intuition raises $600 million as it pushes further into defense

Sword Health nabs $40M at $4B valuation, pushes IPO plans to at least 2028

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In just 3 months, Ramp’s valuation jumped to $16B, up from $13B

Unlock scaling growth at TC All Stage, and get $210 off for 6 more days

Applied Intuition raises $600 million as it pushes further into defense

Sword Health nabs $40M at $4B valuation, pushes IPO plans to at least 2028

In just 3 months, Ramp’s valuation jumped to $16B from $13B

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In just 3 months, Ramp’s valuation jumped to $16B, up from $13B

Unlock scaling growth at TC All Stage, and get $210 off for 6 more days

Applied Intuition raises $600 million as it pushes further into defense

Sword Health nabs $40M at $4B valuation, pushes IPO plans to at least 2028

In just 3 months, Ramp’s valuation jumped to $16B from $13B

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