In India, WhatsApp plans to change the game on data management when it launches its own cloud storage service in May 2025. The service will provide 10 GB of free space, as well as paid options for additional capacity. This way, services like Google Drive and iCloud are bypassed for an integrated, more secure, and user-friendly way of backing up data with end-to-end encryption. It simplifies data management, saves money, and also increases privacy. The big user base of WhatsApp in India can disrupt the whole cloud ecosystem, or at least bring pressure on competitors to rethink their offerings and pave the way for broader service integration by Meta.
Year: 2025
Carraro India IPO Expected to Deliver 10x Returns Despite Initial Discount
Though mixed on the IPO price of Carraro India, priced at ₹280-₹300 per share, there is great long-term growth in it. It is part of the global Carraro Group that deals in drivetrain systems for agricultural and industrial machinery. In short, it has maintained revenue and profit CAGR of 25% respectively for the last five years and is positioned for significant gains with innovation, increased production capacity, and sustainability initiatives. The IPO focuses on debt reduction, capacity addition, and R&D investments. Though there are risks in terms of competition and economic cycles, experts feel that substantial long-term returns will be reaped, making the investment a sure shot.
FIDE Considering Ban on Magnus Carlsen and Ian Nepo Following Match-Fixing Scandal in World Blitz Chess
One of the biggest scandals the chess world faced involved Magnus Carlsen and Ian Nepomniachtchi, aka Nepo. The scandal referred to allegations involving pre-arranged draws, and even alleged match-fixing at a high-stakes final blitz match. There is criticism to the fact that FIDE doesn’t punish on the same footing as it was done before; people are demanding much more consistent rule enforcement. The scandal ignited debate over the archaic FIDE regulation and reforms, with particular regard to player conduct and disciplinary action. Indeed, the spotlight focusing on Carlsen’s reputation made it more glaring that keeping chess intact is what’s really important.