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Sparkle Gift Cards unveils first of its kind solution to address the dilemma of gifting
Mumbai: Sparkle Gift Cards, a social impact initiative by The PRomise Foundation has introduced an extraordinary gifting solution that combines the joy of giving with the power of purpose. This unique gift Cards, the first-of-its-kind concept, not only addresses the age-old dilemma of selecting the perfect gift but also extends its support to championing crucial charitable endeavors. It empowers individuals with a thoughtful and socially conscious way to express love, appreciation, and care, enriching their lives, fostering positive change, and supporting charitable endeavors. The launch is perfectly timed ahead of the upcoming festive season, offering a heartwarming and purposeful way to celebrate charitable causes through gifting.
The launch of Sparkle Gift Cards is a testament to its commitment to making a difference. Managed by the Amrosa Cards Foundation, a Section 8 company-which is a newly created entity and a sister organisation to The PRomise Foundation. This initiative bridges the gap between thoughtful gifting and charitable support. By addressing the needs of both the giver and the recipient, Sparkle Gift Cards embodies a harmonious blend of values and actions, catering to consumers, corporations, and retailers alike. Sarika Chavan, Roshan Alexander and Amith Prabhu are co-founders of this initiative.
Designed to redefine gifting norms and elevate the act of giving, Sparkle Gift Cards is more than just a token of appreciation- it’s a catalyst for positive change. This offering is available on the website sparklegiftCardss.com The Cards are available at three distinctive price points- INR 2000, INR 5000, and INR 10000. Each denomination is aligned to a specific colour to showcase differentiation in denomination. Currently available in the form of elegantly designed pocket-sized greeting cards, there are e-cards being launched in the near future.
Speaking on the launch, Sparkle Gift Cards founder Sarika Chavan says, “At Sparkle Gift Cards, we believe that gifting should surpass materialism and be a channel for impact, allowing both the giver and the receiver to contribute meaningfully. #GiftAPurpose is our focus. This initiative is more than a gift; it’s an embodiment of compassion and a fusion of thoughtful intent Hence, these unique gift cards are launched to create a more compassionate and purpose-driven approach to giving, ensuring that each gesture carries the potential to change lives.”
Sparkle Gift Cards’ aspirations extend beyond gifting to encompass a broader social mission. By aligning with almost nine of the Sustainable Development Goals (SDGs), the initiative strives to create a positive impact that ripples through communities and causes.
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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.
