🚨 Nippon AMC Hacked | What It Means for Investors
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🗞️ Nippon Life Faces Major Cyber Attack
Nippon Life India AMC faced a significant cybersecurity breach, leading to website outages and operational disruptions. The attack raised concerns about digital infrastructure in India’s financial sector.
📌 Expert Opinion: “With rising cyber threats, fund houses must prioritize layered security protocols,” said a cybersecurity consultant.
🗞️ Tata Secures $750 Mn for UK’s Largest EV Battery Plant
Tata Group has inked a $750 million loan to fund the UK’s biggest EV battery facility, supporting its ambitious push in clean mobility. The plant will bolster global EV supply chains and create 4,000+ jobs.
🗞️ OpenAI Rolls Out 'Mini' GPT-4 & GPT-3 Upgrades
OpenAI launched GPT-4 Mini and GPT-3.5 upgrades, enhancing ChatGPT's performance in math, coding, and visual tasks. The models aim to offer faster, more efficient responses for varied use cases.
🗞️ Mamaearth Wins Ad Dispute Against HUL
Delhi HC ruled in favor of Honasa Consumer, directing HUL to take down an ad that allegedly misrepresented Mamaearth. The court emphasized fair competition in advertising.
📌 Expert Opinion: “This verdict underscores the need for ethical advertising in India's hyper-competitive FMCG space,” said a legal analyst.
🗞️ Motorola Eyes Entry into PLI Scheme
Motorola is exploring participation in India’s ₹23,000 crore electronics PLI scheme amid shifting global tariffs. The move could boost local smartphone manufacturing and reduce import dependency.
🗞️ BluSmart Hits Pause, Netizens React
EV ride-hailing platform BluSmart paused services, leaving users disappointed. Many took to social media to express sadness over losing a rare “functional” cab option.
🗞️ HDFC Life Q4 Profit Rises 15.5% YoY
HDFC Life reported a 15.5% YoY rise in Q4 consolidated profit to ₹475.36 crore and announced a ₹2.10 dividend per share. Strong premium growth drove the performance.
🗞️ Zelestra Appoints New India CFO
Zelestra named Prashant Kumar as the new CFO of its India division, signaling a strategic focus on financial leadership amid its expansion plans.
📊 Market Updates
📈 Sensex: ▲ 0.47% to 75,509.20
📈 Nifty 50: ▲ 0.41% to 22,969.50
💵 USD/INR: ₹86.10
🥇 Gold: ₹94,573 per 10g ⬆️
🥈 Silver: ₹96,200 per kg ⬆️
🛢️ Brent Crude: $90.20/barrel