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More election rallies than market rallies: Shankar Sharma takes witty jibe at D-St volatility
Business Today
·
4m ago
Medial
Stock market veteran Shankar Sharma humorously criticized the current market volatility amid state assembly elections in a post on the social media platform 'X.' He remarked that over the past 6-8 months, India has witnessed more election rallies than stock market rallies, highlighting the significant influence of political events on market dynamics. His comment underscores the unpredictability and sensitivity of markets to political climates.
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'Let them suffer': Market guru Shankar Sharma on new SIP investors facing market correction pain
Business Today
·
5m ago
Medial
Market expert Shankar Sharma commented on the struggles faced by new SIP investors amid market corrections, suggesting it’s essential for them to experience such challenges to become better investors. SIP investments are declining due to investor panic, coinciding with a significant dip in key stock indices. Sharma predicts tougher times for the market, indicating potential negative returns in 2025, urging fund managers to adopt more meticulous and selective investment strategies.
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Nvidia rallies as Wall Street anticipates pivotal report
Economic Times
·
1y ago
Medial
Nvidia's shares have more than tripled this year, with the chipmaker at the center of a Wall Street technology rally fueled by optimism about the potential of AI. A lot of market shift and sentiment in AI funding is dependent on Nvidia's shares' performance.
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Trump says 'you're welcome' after bitcoin leaps over $100,000
Economic Times
·
8m ago
Medial
US President-elect Donald Trump claims credit for bitcoin's surge past $100,000, following a more than 50% jump since his election victory. The rally continued after Trump nominated cryptocurrency supporter Paul Atkins to head the US Securities and Exchange Commission. Trump previously launched his own crypto platform and has expressed support for cryptocurrencies. Despite its volatility and criticism of facilitating criminal activities, bitcoin's ascent is reshaping finance and gaining legitimacy through institutional interest and changing regulations. Trump's involvement in the crypto space and his appointment of Atkins signal potential positive developments for the digital asset.
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Zoom share price rallies 10% on Q4 result beat; share buyback announced
Livemint
·
1y ago
Medial
Zoom's share price surged more than 10% in after-hours trading following the company's better-than-expected quarterly results. The video-conferencing provider reported an adjusted profit of $1.42 per share and revenue of $1.15 billion, beating analysts' estimates. Zoom also announced a stock buyback of up to $1.5 billion. The company's Enterprise revenue increased 4.9%, while online sales decreased slightly. Zoom plans to focus on its AI companion feature and customization to drive growth. Despite missing out on the market rally, Zoom's stock price has risen significantly.
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Swiggy cuts IPO valuation again, BlackRock and CPPIB to invest
VCCircle
·
9m ago
Medial
Indian food delivery giant, Swiggy, has reduced its IPO valuation to $11.3 billion, 25% lower than its initial target of $15 billion, amid market volatility and concerns following Hyundai India's lackluster debut. BlackRock and Canada Pension Plan Investment Board (CPPIB) are among the investors set to invest in the $1.4 billion IPO. Swiggy aims to avoid a tepid response and is consulting with investors to mitigate risks associated with the global uncertainty surrounding the US presidential election.
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Paytm now has more than a million shareholders in India: CEO
Inshorts
·
1y ago
Medial
CEO Vijay Shekhar Sharma said Paytm now has more than a million shareholders across India. Paytm's present share price of ₹866 is nowhere close to the issue price of ₹2,150. However, its stock has jumped over 97% from 52-week low of ₹438.35 in November 2022. "Our mission is to serve half a billion Indians...When Paytm grows, India grows," Sharma stated.
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Rapido announces free bike rides to voters in Bengaluru and other cities on Friday
Economic Times
·
1y ago
Medial
Ride-hailing platform Rapido is offering free auto and cab rides to differently-abled and senior citizen voters in Bengaluru on election day, April 26. The initiative, in collaboration with the Election Commission and BBMP, aims to provide equal access for all voters to exercise their democratic right. Users can avail free rides by using the code 'VOTENOW' on the Rapido app. Over 10 lakh captains will be deployed across more than 100 cities to offer free rides on election day. The initiative highlights Rapido's commitment to inclusivity and social responsibility.
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Rupee ends at fresh record low but fares better than regional peers
VCCircle
·
9m ago
Medial
The Indian rupee hit a new all-time low against the US dollar, but performed better than other Asian currencies due to dollar sales from state-run banks. The rupee closed at 84.08 against the dollar, slightly down from the previous session. The US dollar has been strengthened by rising bets on a Donald Trump victory in the US presidential election and expectations of interest rate cuts by the Federal Reserve. While other Asian currencies saw declines, the rupee is not expected to experience significant volatility as the Reserve Bank of India is likely to limit large moves.
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Delhi is 1,000% better to start business than Bengaluru: Deshpande
Inshorts
·
10m ago
Medial
Bombay Shaving Company CEO Shantanu Deshpande said Delhi is "1,000% better" to start a business than Bengaluru. "Delhi is the best city to start a business today. I think Delhi has a 'less froth, more substance' mindset," he said while speaking to YouTuber Ishan Sharma. "Bengaluru and Pune are more service oriented," he added.
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Mindset, not size, limits small companies; AI is changing that: Paytm's Vijay Shekhar Sharma
YourStory
·
28d ago
Medial
Paytm CEO Vijay Shekhar Sharma, speaking at Shiprocket Shivir 2025, highlighted how artificial intelligence (AI) is empowering small businesses in India by enhancing their capabilities, traditionally limited by mindset rather than resources. AI is helping micro, small, and medium enterprises (MSMEs) overcome barriers to insights and operational efficiency, enabling them to scale faster. Sharma emphasized that AI acts like a business partner or CFO, bridging knowledge gaps and encouraging small businesses to think bigger and more expansively.
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