BOOKING DATA
Rise & rise of secondary deals; advantage desi data centres
Happy Friday! Total funding raised by Indian startups fell in the first half of 2024, but late-stage activity showed signs of revival, as per data. Decoding this and more in today’s ETtech Morning Dispatch.
Sonam Udasi on three tactical sectors to be bullish on for near term
The pockets that seem cheaper today are large private sector banks, some IT, and the expectation that consumption may get a leg up post the budget. Those are the three tactical sectors we are looking at currently.
AI companies train language models on YouTube's archive − making private videos a privacy risk
Exploring the intricate nexus of big tech self-regulation, privacy concerns, and legal safeguards in AI development underscores the imperative for ethical AI model training and deployment.
Post Nifty@24000, is it time for profit-booking? Sunil Subramaniam answers
The widening gap in valuations between the mid-cap as well as the small cap pack and the largecap pack means that this is a wonderful opportunity to rotate it and bring down the average one-year forward PE of the portfolio by buying good quality, solid, robust largecaps, says Sunil Subramaniam.
Australian shares fall as inflation data triggers rate hike worries
Australian shares closed lower on Wednesday, dragged by declines in financial and mining stocks, as concerns about rate hikes heightened the risk of loan defaults and higher cost of capital.
AI's hunger for power can be tamed
Tech firms investing in AI must prioritize energy-efficient algorithms to combat environmental impact and rising power consumption, shifting away from current energy-intensive models towards more sustainable practices.
Dalal Street Week Ahead: Guard profits at higher levels, rotate investments in fatigued market
D-Street showed marginal gains in a shortened trading week. However, signs of fatigue and potential correction are emerging. Key resistance levels are identified, and experts recommend caution and profit booking at higher levels.
7 Best Samsung laptops (2024): Top picks for performance, design, battery life, and portability
Explore the best Samsung laptops that combine advanced technology, sleek design, and outstanding performance. This selection features top models ideal for various needs, from professional work to gaming and daily use. Discover laptops that offer impressive processing power, stunning displays, and long battery life, ensuring a superior computing experience with the latest innovations Samsung offers.
Japan's Credit Saison tastes success in India, to expand loan book
Credit Saison India, under the leadership of Presha Paragash, is leveraging India's unique data infrastructure to expand its loan offerings. With a focus on partnerships, new products like loan against property, and expansion into tier III and IV cities, the company is poised for further growth and success in the Indian market.
Ixigo IPO opens on Monday. 10 things to know before subscribing to the issue
Ixigo helps Indian travellers to plan, book and manage their trips be it rail, air, buses and hotels. The IPO comprises fresh equity sale of Rs 120 crore and offer for sale of up to 6.66 crore shares. Its price band has been fixed at Rs 88-93 per share.
Can you opt out of Meta's AI scraping? Sort of
Meta announced the expansion of its AI services globally, using public information to train its AI starting June 26, sparking privacy concerns in Europe. Users in the U.S. were already subject to this practice. The program's future expansion remains uncertain.
What should investors do with defence stocks? Mayuresh Joshi answers
However, I think for markets with India perspective we are very-very light right now, we still like to see over the next couple of days of what transpires on the political front and therefore the initiatives that will be taken over the next few days and specifically in the budget in terms of allocations are going to be extremely critical.
Beyond elections, track these 6 factors also to understand Nifty movement this week
Investors would react to not just the exit poll predictions but also India's Q4 GDP numbers which, at 7.8%, was much higher than the Street estimates. Global markets will likely react to the outcome of the PCE data in the US, the Fed's preferred gauge of inflation.
Let AI plan your trip!
Bags packed and nowhere to go? Let AI lead the way. Travellers are increasingly using smart technology to plan their perfect holiday!
Travel platforms see bookings hot up for chilly destinations
Travel companies are experiencing a surge in bookings as extreme heatwave conditions drive people to cooler destinations like Kullu, Manali, and Ladakh from Delhi. Flight fares to Leh have increased by 54%, with searches for last-minute escapes also rising.
Indian Railway train ticket booking: MakeMyTrip, Ixigo offer options to book tickets with zero-cancellation charge
Railway ticket cancellation costs are higher if the e-ticket is cancelled when departure time is less than 48 hours. However if the e-ticket is cancelled when more than 48 hours remain from the train's departure time then the cancellation cost is standard. However apps like MakeMyTrip and Ixigo have launched zero cancellation charge policy if some additional money is paid while booking the train ticket.
What holiday plans? Indians tripping on last-minute rush
Indian travellers are increasingly opting for last-minute bookings for both domestic and international destinations due to factors like more visa-free options, lower average age of travellers, rising disposable incomes and availability of spontaneous booking choices.
India leads in electric vehicle sales amid global slowdown
Global electric vehicle sales growth faces challenges like capital costs and election uncertainty. US EV sales outpaced Europe, where EV sales declined due to Easter holidays. Germany saw a 29% drop in EV sales, while India's EV market share doubled to 4% in 2023.
Railway minister contradicts Kerala Cong's claim, says Vande Bharat's occupancy is 98 per cent
Ashwini Vaishnaw challenges Kerala Congress's 50% Vande Bharat occupancy claim, proving it's 98%. IRCTC data analysis shows economic disparities in access. Vande Bharat's popularity is evident with over two crore travelers by March 31 this year.
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