Brands
Alfa Hockey signs the next gen hockey players
Mumbai: Alfa Hockey an industry-leading manufacturer of field hockey sticks and accessories announced that it has signed the India’s next gen hockey players.
The brand has roped in Mumtaz Khan, Mahima Tete and Neelam Nagpal from the junior women’s players and Uttam Singh and Tahir Ali from the junior men’s team. With a keen eye in the future, the brand believes in working and supporting the youth hockey players. The focus is also to promote the game at the grassroot level. Alfa Hockey also has more that 60 per cent of senior team members both in men’s and women’s using their products.
Talking about the same Alfa Hockey CEO Jitin Mahajan said, “Being a make in India company, we want to grow the sport of Hockey in India and take it back to its glorious year and for that we will leave no stone unturned. The youngsters are the future of the sport and we want to start supporting them from their junior’s journey rather than waiting them to debut in the senior team, this will not only boost their morale and help them perform better but also reach out to a wider audiences who are looking to take up hockey as a profession.”
Mumtaz Khan who was named FIH Women’s Rising Star of the Year last year said, “Alfa Hockey in a way represents the history of India hockey. They have been part of many players who have become legends today and I feel honoured to be a part of their journey.”
Uttam Singh of the junior men’s team said, “This will surely boost my morale to work hard and not only make India proud but also the brand. I hope this association goes a long way and I am proud to be part of the Alfa Hockey team.”
Brands
Google nears Nvidia in race for world’s most valuable company
Market cap gap narrows as Google hits $4.65 trillion, Nvidia at $4.86 trillion.
MUMBAI: In the AI gold rush, even the giants are sprinting and Google is suddenly gaining ground. Google is rapidly closing in on Nvidia in the race to become the world’s most valuable publicly listed company, with the gap between the two narrowing sharply amid diverging stock momentum. The tech giant’s market capitalisation has surged to around $4.65 trillion, following a more than 140 per cent rise in its share price over the past year.
That rally has added over $2.6 trillion in value in just 12 months, including nearly $900 billion since January alone. Its stock recently hovered at $381.80, slipping marginally by 0.04 per cent, but still reflecting strong upward momentum.
Nvidia, meanwhile, continues to hold the top spot with a valuation of approximately $4.86 trillion. The chipmaker crossed the $5 trillion milestone in October last year and peaked at $5.27 trillion on 27 April. However, its shares have largely plateaued over the past six months, rising just 0.2 per cent recently to $199.99.
The contrast in trajectories is striking. While Nvidia has seen relatively flat movement, Google has gained over 36 per cent in the same six-month period. Barron’s estimates suggest that if current trends hold, the valuation gap could shrink to as little as $190 million by the time Nvidia reports its first-quarter earnings on 20 May.
Daily momentum paints a similar picture. Nvidia recorded average daily gains of about 0.66 per cent last month, compared to Google’s stronger 1.42 per cent, an edge that could prove decisive in the short term.
Driving Google’s resurgence is its aggressive push into artificial intelligence across its ecosystem, from search and YouTube to cloud computing. The company has already invested $144 billion in capital expenditure over the past two years and plans to deploy a further $490 billion over the next two.
Its cloud division is also gathering pace. Google Cloud reported an order backlog of nearly $220 billion in the latest quarter, with total backlog touching a record $462 billion, around half of which is expected to be realised within two years. The company’s entry into chip sales is also beginning to factor into its growth narrative.
The last time Google briefly topped the S&P 500 by market value was in February 2016, when it edged past Apple for just two days. This time, the stakes and the numbers are far higher.
At the heart of the contest lies a single force: artificial intelligence. As both companies pour billions into infrastructure, chips and platforms, the leaderboard is no longer just about size, it is about who can scale the future faster.
