Brands
Upsilon launches first retail store at Ahmedabad airport
Mumbai: Upsilon, India’s homegrown leading premium perfume brand, is elated to announce the opening of its first retail store at Sardar Vallabhbhai Patel International Airport. Enjoying the venue that is only given to premium brands in the airport, Upsilon has flagged off initially with their line of existing products for men.
Predominantly being a D2C brand since its inception last year, Upsilon has marked a substantial presence in the domestic perfume market. Its digital sales have been bullish month-on-month through its website and e-marketplaces partners including Amazon, Nykaa, Jio Mart, Flipkart, and others.
Having gained traction for its unique fragrances, the founders Neeraj Bhensdadia, Vatsal Vachhani, and Ravi Dadhaniya ideated to reach the vast untapped consumer base through the brick-and-mortar format.
Possessing a vision to provide the audience with a unique, premium yet cost-effective fragrance, the shop will soon see Upsilon’s new variants for men and an exclusive women’s fragrance range too.
The trio was poised on introducing perfumes reflecting reality and making one stand out for their individuality. With two-year-long in-depth research on the Indian perfume market, the brand launched three premium fragrances – Wild Blue, Golden Sand, and Shooting Star for men. These perfumes are curated specially for everyday events, sportswear, and party wear.
Upsilon co-founder Neeraj Bhensdadia said, “Having founded Upsilon just over a year ago, our first store at SVPIA at the International Departures gives us increased branding visibility to the Indian as well as foreign travellers travelling overseas to different locations. Ahmedabad being a key attraction sees many NRIs and foreigners from across the world to witness the city’s lively aura, culture, and food, among other attractions. We look forward to opening many more Upsilon stores in strategic destinations moving forward.”
Inspired by the Greek Alphabet, transliterated as ‘U’, Upsilon symbolises that the path ahead for everybody is two-pronged and it is up to them to take the one that will liberate them to achieve their goals. The handcrafted elixirs keep them reminded of their unique goals and fill them with confidence in their demeanour to achieve them steadily.
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.
