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Bloomberg Quint
1w
131
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iPhone 17e Price Likely Around Rs 65,000, Launching Sooner Than Expected
- Apple is reportedly planning to launch the iPhone 17e earlier than expected in early 2026, following an annual upgrade cycle for its low-cost iPhone lineup.
- The iPhone 17e, replacing the 16e model, is expected to launch in February 2026, as per Bloomberg's Mark Gurman, deviating from Ming-Chi Kuo's earlier prediction of a May 2026 release.
- The iPhone 17e is likely to maintain features like a 6.1-inch OLED display, USB-C port, and be powered by the A19 chip, with an expected price around Rs 64,990 in India.
- Apple is anticipated to continue the 'e' lineup with a third-generation model expected in the spring of 2027, further solidifying its commitment to annual refresh cycles for budget-friendly iPhones.
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Bloomberg Quint
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US, China Envoys To Meet In Possible Prelude to Trump-Xi Summit
- US Secretary of State Marco Rubio to meet Chinese Foreign Minister Wang Yi in Malaysia.
- Meeting seen as a possible prelude to a leadership summit between Trump and Xi.
- Rubio aims to discuss Chinese support for Russia, while tensions between US and China persist.
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Bloomberg Quint
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608
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Tourism Finance Corporation Board Approves 1:5 Stock Split
- Tourism Finance Corporation of India has announced a stock split in the ratio of 1:5, subject to shareholder approval at the upcoming annual general meeting.
- The stock split aims to enhance liquidity, improve affordability for retail investors, and broaden the shareholder base.
- After the split, the company's equity shares will increase from 9.25 crore to 46.29 crore with a new face value structure.
- The board also approved the appointment of secretarial auditors for a five-year term.
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Bloomberg Quint
1w
476
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Enviro Infra Engineers Shares Continue Rally, Hit Five-Month High After Order Win
- Enviro Infra Engineers' shares surged by 11% on Friday, reaching a five-month high after announcing a Rs 400-crore order win.
- Earlier, the company had seen a 5% rise in share price following another significant order win.
- Enviro Infra Engineers specializes in water and wastewater treatment plants, delivering infrastructure solutions across India.
- The company's stock price rose by 11.54% to Rs 273.49 apiece and continues to show growth in traded volume and relative strength.
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Livebitcoinnews
1w
301
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Cardano Fans Wait for Progress Updates While Lightchain AI Surprises the Market With Silent Execution
- Cardano fans eagerly await progress updates while Lightchain AI quietly surprises the market with its consistent milestones and silent execution.
- Lightchain AI has completed all 15 presale stages and is now entering the Bonus Round, gaining momentum through real achievements.
- Cardano's roadmap for 2025 focuses on scalability, interoperability, and governance upgrades, with key projects like Hydra, Mithril Certificates, and optimistic rollups through the Midgard framework.
- While Lightchain AI moves steadily through presale phases, Cardano is gearing up for significant development milestones, with both projects aiming to make notable impacts in the blockchain world.
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HinduBusinessLine
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297
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Nifty Bank Prediction Today – July 11, 2025: Likely to fall more. Go short
- Nifty Bank index is bearish with expectations of falling to 56,600 initially and potentially lower to 56,600 and 56,500 in upcoming sessions.
- Immediate resistance stands at 56,850, with a crucial support zone at 57,000-57,100. A positive sentiment shift requires a strong rise above 57,100, which appears unlikely currently.
- Nifty Bank July Futures are down 0.43% at 56,925, with a bearish outlook targeting a decline to 56,700-56,650 unless a significant rise above 57,050 occurs.
- Traders are advised to go short at 56,925, adding more shorts at 56,985, setting a stop-loss at 57,085, and exiting the shorts at 56,720. Supports are at 56,700 and 56,650, while resistances lie at 57,050 and 57,150.
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TechBullion
1w
191
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Solana Fights Network Stalls Again While Lightchain AI Accelerates Buyer Momentum Into Bonus Phase
- Solana is facing ongoing network stalls and performance issues due to increased transaction volumes from meme coin trading and decentralized finance (DeFi). Despite efforts to enhance the network, congestion persists, especially during peak-load hours.
- Lightchain AI is gaining momentum with its AI-native blockchain platform, attracting interest from developers and investors. The project's features including Zero-Knowledge Proofs (ZKPs) and democratized governance are leading to growing investor confidence.
- Lightchain AI is accelerating its activity in the Bonus Round following the successful completion of 15 presale stages, raising $21.1 million. The project's tokenomics and staking mechanisms support sustained engagement and ensure network security.
- As Lightchain AI progresses towards its mainnet launch in July 2025, its innovative approach, cross-chain functionality, and collaborations are positioning it as a strong player in the decentralized AI ecosystem, while Solana's network issues are driving users towards alternatives.
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Bloomberg Quint
1w
210
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Stock Recommendations Today: TCS, HUL, Bharat Forge, Glenmark Pharma On Brokerages' Radar
- TCS, HUL, Bharat Forge, and Glenmark Pharma were top picks on brokerages' radar.
- UBS downgraded Bharat Forge and Maruti Suzuki while covering IDFC First Bank.
- Analyst views on TCS, leadership change at HUL, and brokerages' calls highlighted.
- Glenmark Pharma received mixed reviews from Nomura, HSBC, and Axis Capital.
- Brokerages shared insights on HUL's new CEO and TCS Q1 results, among others.
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Bloomberg Quint
1w
8
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India Widens Global Funds’ Access To $639 Billion Credit Market
- India has expanded foreign investors' access to its $639 billion credit market by allowing global banks like HSBC Holdings and Standard Chartered to offer total return swaps for corporate bonds.
- These total return swaps enable investors to gain exposure to India without the need to open a domestic account, attracting significant inflows into the nation's sovereign debt market since its inclusion in global bond indexes.
- The approval for swaps is currently limited to onshore rupee debt, but there is increasing demand to offer these derivatives for dollar bonds from companies in GIFT City.
- The move is seen as a way to further boost India's credit market growth, with increased interest from investors globally in accessing Indian assets through total return swaps.
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Bloomberg Quint
1w
335
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Multibagger PSU IREDA Share Price Cracks 6% After Q1 Net Profit Slumps 36% YoY; Stock Down 25% YTD
- IREDA shares slumped over 6% after reporting a 36% decline in net profit during the June quarter.
- The company's net profit dropped to Rs 247 crore from Rs 384 crore in the year-ago period.
- On Friday, IREDA's share price opened 5% lower and extended losses to 6% at Rs 159.80 intraday.
- With the stock down 25% year-to-date, this is a developing story with updates to follow.
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Bloomberg Quint
1w
16
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India Doubles Proposed Retaliatory Duties On Steel, Aluminium Against US At WTO
- India has doubled its proposed retaliatory duties against the US at the World Trade Organization in response to increased tariffs on steel and aluminium by the Trump administration.
- India's move aims to recover about $3.8 billion in duties, doubling its proposed duties after the US doubled its tariffs to 50% in June.
- This posturing at the WTO coincides with fresh negotiations for a bilateral trade agreement between India and the US, with a tariff pause date now set for August 1.
- The first rounds of negotiations did not result in a deal by the July 9 deadline, and both sides are now looking to reach an agreement within the next 20 days.
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Bloomberg Quint
1w
586
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Anthem Biosciences IPO GMP In Focus As Mainboard Issue Opens Next Week — Check Key Details
- Anthem Biosciences is set to launch its IPO next week to raise over Rs 3,000 crore from the primary market.
- The IPO price band is set between Rs 540 and Rs 570 per share, with details on lot sizes and participation requirements provided.
- Anthem Biosciences reported a YoY increase in profit after tax and total revenue in the financial year.
- Proceeds from the IPO will go to shareholders as the company will not receive any funds from the offering.
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HinduBusinessLine
1w
236
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TCS shares decline 2.51% post earnings announcement
- TCS shares declined with a 2.43% drop on the BSE and a 2.51% decrease on the NSE.
- Other IT stocks like Infosys, Tech Mahindra, HCL Tech, and Wipro also witnessed selling pressure.
- TCS reported a 6% growth in net profit for Q1 FY26, aided by non-core income increase, despite a moderate revenue growth.
- The company faced demand contraction amidst geopolitical uncertainties, with the MD not foreseeing a double-digit revenue growth for FY26.
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HinduBusinessLine
1w
373
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Options premium trading hits 4-month low after Jane Street ban
- Options trading volume hit a 4-month low, nearly 40% lower than the year's average on a recent trading day.
- Investors awaited the impact of the Securities and Exchange Board of India (SEBI) order on Jane Street's trading activities, affecting the Nifty 50 Index and options trading on the National Stock Exchange (NSE).
- Market experts are cautious due to SEBI's scrutiny, with expectations of decreased options volume on weekly contracts. SEBI's actions aim to curb market manipulation and losses incurred by retail investors.
- Derivatives trading in India has seen increased regulation by SEBI following significant growth, leading to changes in trading volumes and strategies among market participants.
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HinduBusinessLine
1w
0
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India widens global funds’ access to $639 billion credit market
- India's GIFT City has allowed global banks like HSBC and Standard Chartered to offer total return swaps for corporate bonds, in addition to government bonds.
- The credit market in India is growing with record local currency bond issuances and an expanding high-yield private credit market.
- Total return swaps enable foreign investors to access India's markets without opening domestic accounts, contributing to significant inflows into the nation's sovereign debt.
- While the swaps' approvals are currently for onshore rupee debt, there is a demand to extend these derivatives to dollar bonds from companies in GIFT City.
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