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By Manbir Sandhu , 12 April 2025
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Indian Robotics Team 'R Factor 6024' Advances to World Championship After Stellar International Performance

An Indian robotics team, R Factor 6024, has qualified for the prestigious FIRST Robotics World Championship in Houston, set to take place from April 16. The team, consisting of students from Mumbai, Bengaluru, and Pune, achieved remarkable success at the international FIRST Robotics Competition (FRC) held in the US last month. Their robot, "Goldfish," was created without professional assistance, demonstrating the team's technical prowess and collaborative spirit.

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  • Technology Sector
By Gurminder Mangat , 12 April 2025
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Anand Rathi Wealth Reports Strong Growth with 30% Rise in Profit and Robust Performance in FY25

Anand Rathi Wealth, part of the Mumbai-based Anand Rathi financial services group, reported impressive growth in its quarterly and annual results. The company saw a 30% increase in profit after tax (PAT) for the March 2025 quarter, reaching Rs 74 crore, and a 22% rise in revenue for the quarter. Over the entire fiscal year, Anand Rathi Wealth posted a 33% increase in net profit and a 30% rise in total revenue. The company also grew its Assets Under Management (AUM) by 30%, marking a significant achievement in a competitive financial market.

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  • Finance
By Manbir Sandhu , 12 April 2025
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Homebuyers Protest Amid Delayed Construction at Jaypee Infratech: A Year After Insolvency Resolution

Homebuyers of Jaypee Infratech’s residential projects in Noida staged a protest on Thursday, voicing concerns over the continued delays in construction, despite the insolvency resolution process being completed nearly a year ago. The protests, led by the JIL Real Estate Allottees Welfare Society (JREAWS), highlight the mounting frustration over the slow pace of work on homes that were initially promised in 2014-15.

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  • Real Estate
By Gurminder Mangat , 12 April 2025
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Hindustan Zinc's Remarkable Growth: A Story of Strategic Privatization and Market Leadership

Vedanta Group Chairman Anil Agarwal recently reflected on the success of Hindustan Zinc Ltd., which, after being privatized over two decades ago, has transformed into the world's largest integrated zinc producer. This shift, driven by strategic decisions and a commitment to growth, has revolutionized zinc production in India, reducing dependency on imports and boosting profitability. The company’s remarkable journey is a testament to the power of privatization, skilled management, and innovation in the mining and metals sector.

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  • Metals
By Kirti Srinivasan , 12 April 2025
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NBCC Ltd’s Strategic E-Auction in Greater Noida: A Game-Changer for Stalled Projects and Financial Growth

In a significant financial move, state-owned National Buildings Construction Corporation (NBCC) Ltd has successfully sold 1,185 residential units in Greater Noida through an e-auction, generating a total revenue of Rs 1,504.69 crore. This strategic auction not only reflects the company's robust market position but also addresses pressing financial obligations. The funds from this sale will be instrumental in completing stalled projects, particularly the long-delayed Amrapali housing developments.

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  • Construction
By Gurminder Mangat , 11 April 2025
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magicpin Achieves Rs. 1,000 Crore GMV in Fashion Segment, Bolstered by Major Brand Integrations

Hyperlocal e-commerce platform magicpin has reported a 20% year-on-year growth in Gross Merchandise Value (GMV) within its fashion segment, reaching an impressive Rs. 1,000 crore in FY2025. The company attributes this growth to the onboarding of over 100 new fashion brands and the expansion to 16,000 partner stores across 20 Indian cities. This milestone reflects magicpin’s increasing influence in India’s omni-channel retail space, driven by strategic partnerships with top apparel and lifestyle brands.

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  • E-Commerce
By Kirti Srinivasan , 11 April 2025
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Ola Electric Unveils Roadster X Series: A Strategic Leap Forward in EV Motorcycle Market

Ola Electric has officially launched its Roadster X Series, a new line of electric motorcycles produced at the company’s state-of-the-art Futurefactory in Krishnagiri, Tamil Nadu. This rollout signifies Ola’s transition from a scooter-centric portfolio to an aggressive expansion into the premium electric motorcycle segment. The Roadster X, available in multiple battery configurations and cutting-edge features like brake-by-wire technology and MoveOS 5 integration, is aimed at redefining performance and user experience in India’s rapidly growing EV market.

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  • Automobiles
By Manbir Sandhu , 11 April 2025
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Rupee Rebounds Sharply Amid Dollar Weakness and Equity Rally: A Closer Look at Market Dynamics

In a striking display of market resilience, the Indian rupee surged 61 paise against the U.S. dollar, settling at Rs. 86.07 on Friday. This gain follows a significant downturn in the dollar index and a robust rally in Indian equity markets. The move comes in the wake of a key trade decision by U.S. President Donald Trump, suspending tariffs on India, and amid mounting global tensions as China raises tariffs on American goods.

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  • Economy
By Gurminder Mangat , 11 April 2025
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Tariff Truce Sparks Stock Market Rally: Sensex and Nifty Soar Amid Global Trade Uncertainty

India's stock markets surged sharply on Friday, led by investor optimism following the United States' decision to temporarily suspend additional tariffs on Indian goods for 90 days, easing fears of a broader trade conflict. The benchmark Sensex leapt 1,310 points, closing above the 75,000 mark, while the Nifty broke past 22,900. This dramatic upswing came despite bearish trends across global markets, where escalating tensions between the U.S. and China roiled investor sentiment.

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  • Stock Markets
By Kirti Srinivasan , 11 April 2025
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Impact of New U.S. Tariffs on Sri Lanka's Economy: A Crucial Discussion on Export Challenges

The global trade environment is shifting, and Sri Lanka is at the crossroads of a potential economic downturn due to new tariff policies imposed by the United States. On Thursday, Sri Lanka's opposition parties and President Anura Kumara Dissanayake convened to address the implications of U.S. President Donald Trump's new tariffs on Sri Lankan exports. This 90-day delay, aimed at mitigating trade tensions, could still have long-term consequences for the island nation's vital export sectors, especially apparel and rubber goods.

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  • Economy

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