
Tecno Pova Curve 5G launched in India, price starts at Rs 15,999
The phone runs HiOS 15 based on Android 15 out of the box. Tecno has promised one major OS upgrade to Android 16 and two years of security updates. It also comes loaded with Tecno's Ella AI features, which include AI Call Assistant, Auto Answer, Multilingual Support and Voiceprint Noise Suppression.In terms of photography, the Tecno Pova Curve 5G sports a 64-megapixel primary rear camera with Sony's IMX682 sensor and a 2-megapixel secondary camera for portraits. On the front, there's a 13-megapixel shooter. Both front and rear cameras support 4K video recording, which is great for a budget phone.advertisementFor connectivity, Tecno has included features such as 5G++, VoWiFi Dual Pass, and Intelligent Signal Hub System to improve network performance. Other notable features include stereo speakers with Dolby Atmos, dual microphones, an in-display fingerprint scanner, IR blaster, and NFC.Despite its slim 7.45mm body, the phone houses a 5,500mAh battery, and comes with 45W fast charging support. Tecno claims the phone can be fully charged in 45 minutes using the bundled charger. The phone also features bypass charging to reduce heating during gaming or prolonged use.The Pova Curve 5G has an eye-catching "starship-inspired" design. It comes in three colours—Magic Silver, Neon Cyan, and Geek Black. The base model with 6GB RAM is priced at Rs 15,999, while the 8GB variant costs Rs 16,999. It will be available for purchase via Flipkart starting June 5.

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Mint
18 minutes ago
- Mint
FIIs bought these three microcap stocks. Should you add them to your watchlist?
Foreign Institutional Investors (FIIs) are quietly picking up microcap stocks, and the smart money usually knows something the crowd doesn't. Microcaps are typically seen as high-risk, low liquidity plays that aren't on the radar of big institutions. But in 2025, the script is flipping. From under-the-radar companies to surprise multibaggers, here are the microcap gems where FIIs are building their positions in 2025. These stocks are picked from the Nifty Microcap 250 Index. Dive in to see which ones made the cut. #1 Astra Microwave Products Astra Microwave Products designs, develops, and manufactures subsystems for radio frequency and microwave systems used in defence, space, meteorology, and telecommunication. Its clientele includes Indian government laboratories, Indian defence Public Sector Undertakings (PSUs), Indian Space Research Organisation, and foreign OEMs, Adani Defence, L&T, HAL, and IITM. The company has five manufacturing units in Hyderabad and a near-field test range unit in Bengaluru. The company is scaling up in technology and manufacturing, with a diversified portfolio and deep in-house capabilities. To develop the electro-optics product line, the company plans to expand the origin 21.30 like in the SDR (special drawing rights) product portfolio. It's bidding for the whole system - the complete radar system - for both DRDO and defence ministry's future requirements. The strategic focus on indigenisation, product depth, and new business lines (space, anti-drone, SDR) positions Astra as a key beneficiary of India's defence and space modernisation. FIIs increased their holding in this company by about 1.17% in June 2025. The company is exploring the areas of anti-drone, EW, satellites, SDRs, and electro-optics through joint ventures. The company has opportunities of around ₹24,000-25,000 crore till FY28 due to the government's increased budget on defence and other sectors. As of Q1 FY26, the total order book stands at ₹2,100 crore. The company expects to maintain profit before tax margin profile around 18% for FY26. It expects to achieve revenue of ₹2000 crore in five to six years. Coming to the financials, the company's revenue has grown at a CAGR of 25.4% in the last five years, while its net profit has grown at a CAGR of 65.5%. The five-year average return on equity (RoE) is 8.6% and return on capital employed (RoCE) is 15.3%. For FY25, the company reported revenue of ₹1,051 crore(up 15.6%), net profit of ₹154 crore(up 27.3%), with a net profit margin of 14.7%. #2 Paras Defence and Space Technologies Paras Defence is a private sector company primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions. The company caters to four major segments - Defence & Space Optics, Defence Electronics, Heavy Engineering and Electromagnetic Pulse Protection Solutions. It's one of India's leading players in the defence and space sector. The company has 2 manufacturing units in Navi Mumbai and Ambernath. Paras has formed a JV with world's leading exclusive EO/IR company to manufacture world class EO/IR systems in India for various platforms including drones. The cabinet committee on security has approved launch of 52 spy satellites for ₹27,000 crore to boost space surveillance. Paras is a prominent private sector India company working towards the same. The company's clientele includes HAL, ISRO, DRDO, Bharat Electronics, Godrej, TATA Power, Elbit Systems, Controp, Cochin Shipyard, Goa Shipyard, Tonbo Imaging, Singapore Electronics, etc. FIIs increased their holding in this company by about 1.61% in June 2025. The company anticipates 20-30% revenue growth in FY26 and aims to be India's leading anti-drone company and among the top five drone companies by FY27. Coming to the financials, the company's revenue has grown at a CAGR of 10.4% in the last five years, while its net profit has grown at a CAGR of 9.6%. The five-year average return on equity (RoE) is 8.3% and return on capital employed (RoCE) is 13.3%. For FY25, the company reported revenue of ₹365 crore (up 43.7%), with a net profit margin of 16.7%. #3 Fiem Industries It's engaged in the business manufacturing and supply of auto components like automotive lighting. The company has a significant market share in automotive lighting & signalling equipment and rearview mirrors for two-wheeler and four-wheeler OEMs. Fiem operates nine manufacturing units across India in Kundli (Haryana), Hosur (Tamil Nadu), Nalagarh (Himachal Pradesh), Tapukara (Rajasthan), and Ahmedabad (Gujarat). It has a strong client base of 50 plus OEMs, including Honda, TVS, Yamaha, Suzuki, Eicher Royal Enfield, and Hyundai. The management plans to invest ₹80-100 crore in FY26, in line with a long-term capex guidance of next three years. As per company officials, there is no impact from China rare earth export ban on the supply chain or EV business at present. FIIs increased their holding in this company by about 1.69% in June 2025. The company has guided 15-20% topline growth for next three-five years, citing diversified product and customer mix. Coming to the financials, the company's revenue has grown at a CAGR of 11.9% in the last five years, while its net profit has grown at a CAGR of 21.1%. The five-year average return on equity (RoE) is 16% and return on capital employed (RoCE) is 22.4%. In FY25, the company reported revenue of ₹2420 crore (up 19.4%), net profit of ₹205 crore (up 23.5%), with a net profit margin of 8.5%. Conclusion The accumulation of microcap stocks by foreign institutional investors can potentially be a signal. Although microcaps come with higher risks — volatility, liquidity constraints, and regulatory sensitivities — they also offer potential opportunities to turn small investments into multibaggers. Investors should evaluate the company's fundamentals, corporate governance, and valuations of the stock as key factors when conducting due diligence before making an investment decision. Happy Investing. Disclaimer: This article is for information purposes only. It is not a stock recommendation and should not be treated as such. This article is syndicated


Mint
18 minutes ago
- Mint
India is losing its best and brightest
Could Aravind Srinivas have achieved his full potential by remaining in India instead of moving to Silicon Valley? The co-founder and CEO of the AI-powered search engine Perplexity, which Mr. Srinivas, 31, describes as 'a marriage of Wikipedia and ChatGPT," is the latest tech superstar to be feted by the Indian media. Following a new round of funding this month, Perplexity is valued at $18 billion. Early investors in the startup include Jeff Bezos, former YouTube CEO Susan Wojcicki, and entrepreneur Balaji Srinivasan. Mr. Srinivas sees search engine behemoth Google as ripe for disruption. On one level, the answer is obvious. Mr. Srinivas couldn't have built a cutting-edge tech company in India, but neither could he have done so in France, Brazil or Russia. The unique mix of talented engineers and risk-taking investors that defines Silicon Valley doesn't exist anywhere else on the planet. But Mr. Srinivas's story also highlights an issue that Indians tend to overlook. The Indian media has published countless laudatory stories about Indian tech titans in the West. According to the Times of India, for instance, the roots of Mr. Srinivas's success lie in his mother's early encouragement to study one day at the prestigious Indian Institute of Technology in his hometown, Chennai in Tamil Nadu. Among educated Indians, Google's Sundar Pichai, Microsoft's Satya Nadella, IBM's Arvind Krishna and Adobe's Shantanu Narayen—all Indian-born tech CEOs—are household names. Sanjaya Baru, an Indian author and journalist, believes Indians are too sanguine about a sustained brain drain from their country. In a new book, 'Secession of the Successful," he points out that nearly 1.9 million Indians renounced their citizenship between 2011 and 2023. That's a small fraction of India's 1.45 billion people, but it includes some of the country's most talented engineers, doctors and scientists. Since independence in 1947, no Indian working in India has won a Nobel Prize in science or a Fields medal, the equivalent in mathematics. The last Indian in India to win a Nobel Prize for science was the physicist C.V. Raman in 1930. A 2023 National Bureau of Economic Research paper found that of the top 1,000 students who cleared the grueling nationwide entrance exam for the Indian Institutes of Technology in 2010, 36% had migrated eight years later, mostly to the U.S. At the very top—the top 10 students to clear the exam that year—the migration rate was 90%. 'It's not accurate to look at this as a pinprick on an elephant," Mr. Baru says in a phone interview from Hyderabad. 'Why has no Indian government been able to get some of the top guns to come back?" Why do so many Indians leave and so few go back? Economic opportunity plays a big part. In purchasing power parity terms, which takes into account the lower cost of most goods and services in poor countries, India's gross domestic product per capita of $11,000 is roughly an eighth of America's $86,000. But it isn't only about money. Venkatraman Ramakrishnan, an Indian-born scientist who won the Nobel Prize for Chemistry in 2009, has pointed out that a lack of infrastructure, excessive bureaucratic and political interference, and overly complex rules make it hard for India to attract scientific talent. India spends only 0.6% to 0.7% of its GDP on research, a far smaller fraction than the U.S. or China. Urban squalor is another problem. The flashy Delhi suburb of Gurugram (formerly Gurgaon) pays a large chunk of the state of Haryana's taxes. But due to a lack of urban planning, and a political class beholden to voters in the countryside, Gurugram lacks a proper drainage system. Videos of luxury cars in Gurugram drowning in murky brown rainwater are a staple of Indian social media. The richest neighborhoods of Bangalore feature garbage rotting on the streets. Delhi has some of the most expensive real estate in Asia and some of the least breathable air in the world. India's failure to retain and attract global talent has geopolitical implications. Over the past two decades, China, with which India shares a disputed 2,200-mile border, has moved aggressively to attract global scientific talent to its shores. In 2008 the Chinese government launched the Thousand Talents Plan to bring top-tier scientific talent to China. Since then scores of high-profile scientists, many of Chinese origin, have moved to Chinese universities and laboratories. The Nature Index, which tracks 'high-quality" research, counts 45 Chinese universities in the top 100. (The U.S. has 31.) The highest ranked Indian institution, the Indian Institute of Science in Bangalore, is ranked 212. Mr. Baru believes that rising anti-immigrant sentiment in the West may make it easier for India to retain or attract back some of its smartest people. But arguably the deeper cause—a political and intellectual culture geared toward redistributive justice rather than individual excellence—may be hard to overcome.


Time of India
18 minutes ago
- Time of India
Specialised hiring in demand; Reliance's spacetech bet
Next Specialised hiring in demand; Reliance's spacetech bet Want this newsletter delivered to your inbox? Also in the letter: IT firms pivot from mass fresher hires to specialised talent signups Driving the news: Salaries for bulk hires remain flat, at Rs 2.8-3.6 lakh per annum. Freshers with high-demand skills now command annual packages of Rs 12-15 lakh, according to industry data. AI, cloud, and cybersecurity roles are the hottest picks, with demand for AI and machine learning talent projected to rise 36–39% in 2025, says talent solutions firm NLB Services. Special skills: Also Read: But, why? Changing tack: Traditional campus pipelines are thinning, prompting companies to turn to bootcamps, GitHub, and Kaggle. Coding tests, project portfolios, and online assessments now filter talent from non-traditional backgrounds. Remote and gig-based hiring, both in India and globally, gives access to a distributed, flexible workforce, another expert said. Also Read: Reliance in advanced talks to lead $50 million raise in space firm Digantara Taking flight: Existing investors, including Peak XV Partners, are expected to join the round. Governments worldwide are racing to build sovereign space and defence capabilities as conflicts threaten supply chains. Tell me more: Sponsor ETtech Top 5 & Morning Dispatch! Why it matters: The opportunity: Reach a highly engaged audience of decision-makers. Boost your brand's visibility among the tech-savvy community. Custom sponsorship options to align with your brand's goals. What's next: BharatPe set to turn profitable this fiscal year, aims $80-100 million fundraising Details: It is currently netting Rs 8-10 crore in monthly profit before tax, sources said. Losses shrank from Rs 927 crore in FY23 to Rs 491 crore in FY24, while revenue rose from Rs 1,167 crore to Rs 1,486 crore. The company is disbursing Rs 700 crore in loans each month, mainly to small merchants, people in the know added. As of December 2024, its in-house lending arm Trillionloans Fintech managed assets worth Rs 1,154 crore. Looking out: Bloody past: Freshworks posts strong Q2, lifts full-year forecast Key financials: Revenue at $204.7 million. Net loss narrowed sharply to $1.7 million from $20.1 million a year ago. Full-year revenue guidance nudged up to $822.9–828.9 million. Keeping Count Other Top Stories By Our Reporters Neo Asset Management's Rs 2,000 crore fund: OpenAI launches ChatGPT 'study mode': Global Picks We Are Reading Happy Thursday! Tech firms are moving away from mass hiring and scouting specialised talent. This and more in today's ETtech Morning Dispatch.■ BharatPe set for a comeback■ Neo Asset's new fund■ OpenAI turns on study modeTech firms are rethinking how they hire freshers. The era of mass intake is fading as companies chase niche talent with specialised skills, while automation reshapes the premium hiring is now the industry's obsession. Experts say the share of specialised recruitment has climbed to 15–20% of overall tech services hiring in FY25, up from just 10–15% a year Digital CEO Neeti Sharma told us that middle managers aim to create leaner and smarter teams, with AI and automation becoming standard are also diversifying their sourcing playbook:(L-R) Rahul Rawat, Anirudh N Sharma and Tanveer Ahmed, founders, DigantaraReliance Industries is in talks to lead a Rs 430 crore ($50 million) funding round in spacetech company Digantara Research and Technologies, sources told deal would provide a significant boost to India's developing space surveillance sector, which is gaining momentum alongside increasing defence expenditure and geopolitical uncertainty. Reliance has been scouting opportunities in spacetech, and its discussions with Digantara are now at an advanced stage, these sources by Anirudh Sharma, Rahul Rawat, and aerospace engineer Tanveer Ahmed, Digantara tracks and monitors objects in Earth's orbit. In March, it launched a satellite capable of detecting debris as small as 5 cm. The fresh capital will help it deploy 12-13 surveillance satellites by Top 5 and Morning Dispatch are must-reads for India's tech and business leaders, including startup founders, investors, policy makers, industry insiders and Reach out to us at spotlightpartner@ to explore sponsorship Negi, CEO, BharatPeBharatPe, the fintech once mired in lawsuits and boardroom drama, is on the verge of a turnaround . Sources told us the company expects to post its first annual profit this fiscal, signalling a clean break from its turbulent the past two years, BharatPe has tightened its belt and pushed revenue growth, turning the business cash-positive month on executive officer Nalin Negi is now preparing for the next phase. Sources told us that he has been meeting potential investors in Mumbai and Singapore, seeking to raise $80-100 million to capitalise on the company's new financial discipline and its path to messy chapter with cofounder Ashneer Grover officially closed in September 2024, when he exited fully and settled all disputes. His 2-2.5% stake was placed in a trust for the company's future use, clearing the decks for a fresh Woodside, CEO, FreshworksFreshworks delivered a solid June quarter, with revenue climbing 18% year-on-year and loss narrowing, as the Nasdaq-listed software-as-a-service (SaaS) firm tightened costs and captured higher-value Daga, CEO, Neo Asset ManagementNeo Asset Management has completed the first closing of its Rs 2,000 crore private equity fund, the Neo Secondaries Fund, after raising Rs 750 crore from investors, cofounder and chief executive Hemant Daga told is among the popular tools used by students, and OpenAI is collaborating with ed-tech startups in India and the US to develop education products on top of ChatGPT through its APIs, a top executive said.■ Will Mark Zuckerberg's secret, multibillion-dollar AI plan win over Wall Street? ( FT ■ This startup wants to use the Earth as a massive battery ( MIT Technology Review ■ The surprise winner in the US-China tech war? Vietnam's chip industry ( Rest of World