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TheNewsCrypto

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Shiba Inu Price Prediction Hints at 500% Gains, But Ozak AI Could Turn $100 Into $5,000!

  • Ozak AI, a blockchain and AI-powered project, is gaining attention in the crypto markets with its potential for significant gains as its token value is increasing in presale stages.
  • Ozak AI is being considered valuable in the crypto space due to its utilization of AI automation and Decentralized Physical Infrastructure Networks (DePIN), offering long-term investing potential.
  • While Shiba Inu is predicted to have a 500% price increase, Ozak AI is seen as having more substantial upside potential due to its innovative features and strong roadmap.
  • Ozak AI's integration into Ozak Stream Network (OSN) signifies a move towards decentralized computing and data services, offering real-world utility and positioning itself for future success.

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Bloomberg Quint

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HUL Names Priya Nair As New CEO: Macquarie Bullish On Stock, Goldman Sach Is Neutral

  • HUL announced the appointment of Priya Nair as the new CEO, succeeding Rohit Jawa from Aug. 1.
  • Macquarie is bullish on HUL's stock, citing Nair's experience in India and the potential growth in the beauty segment.
  • Goldman Sachs, on the other hand, maintained a neutral rating on HUL, anticipating gradual volume growth and margin decline due to increased marketing expenditure.
  • While the leadership change at HUL has raised some concerns, brokerages like Macquarie and Investec have differing outlooks on the stock's future performance.

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Medium

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What to Look for in a Private-Label Partner — And Why It Matters

  • The focus when choosing a private-label partner should be on the partner itself rather than just the model.
  • A good private-label partner should be seen as an extension of your brand, understanding your vision and values to deliver more than just garments.
  • Flexibility without compromising on quality is crucial, especially for startups, in terms of production planning and scalability.
  • Transparency in manufacturing processes, ethical practices, and quality production are essential for strengthening a brand's identity and reputation.

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TheNewsCrypto

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Veles Finance have a new partner — Bitget

  • Veles Finance has announced a partnership with the Bitget cryptocurrency exchange, enabling users to access all features and trading tools on the platform.
  • Bitget is a major centralized cryptocurrency exchange with a focus on security and professional futures trading, while Veles Finance is an automated trading crypto platform offering trading bots and analytics tools.
  • The partnership allows Bitget users to connect Veles trading bots through API keys, offering opportunities for passive income and reducing emotional trading factors.
  • The partnership aims at integrating automated trading strategies into a large international exchange like Bitget, providing benefits like fully automated trading, time savings, and access to proprietary strategies developed by Veles' analysts.

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Bloomberg Quint

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Add TCS, Reduce Tata Elxsi Shares Maintains HDFC Securities Post Q1 Results — Here's Why 

  • HDFC Securities downgrades Tata Elxsi earnings estimates due to pressure on revenue and gross margins post Q1 results.
  • TCS experienced delays in decision making and lower discretionary investments leading to a TCV of $9.4 billion, mainly driven by cost optimization projects instead of large transformation programs.

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Bloomberg Quint

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Five Stocks To Buy Today: SBI, Prestige, Paytm, Container Corp. Among Others

  • Stocks recommended for buying today include SBI, Prestige Estate Projects Ltd., Paytm's operator One97 Communications, Container Corp. of India, and Glenmark Pharmaceuticals Ltd.
  • Experts like Nilesh Jain, Aditya Agarwala, Shrikant Chouhan, and Ajit Mishra provided their 'buy' recommendations on these stocks based on market data.
  • Specific recommendations include buying Concor, One97 Communications, Prestige Estate Projects, SBI, and Glenmark at their current market prices with respective stop loss and target prices.
  • It's important to note that the views expressed are of the individual experts, and viewers are advised to consult with their own financial advisors before making investment decisions.

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HinduBusinessLine

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1998 Coimbatore blast: ATS nabs key accused Sadiq after 29 years in Karnataka

  • The Anti-Terrorism Squad (ATS) and Coimbatore City Police arrested key accused Sadiq 29 years after the 1998 Coimbatore blast, in Karnataka.
  • Sadiq, who had been absconding for 29 years and used multiple aliases, is also accused in several communal murder cases across Tamil Nadu.
  • The arrest of Sadiq marks the third successful apprehension of long-absconding terror-related accused by the ATS and Coimbatore City Police.
  • Chief Minister M K Stalin praised the ATS for their efforts in maintaining internal security in Tamil Nadu and highlighted the successful arrests made by the ATS in recent weeks.

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Bloomberg Quint

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IDFC First Bank Shares In Focus After UBS Initiates Coverage With 'Neutral' Rating: 5 Key Factors

  • UBS has initiated coverage on IDFC First Bank with a 'neutral' rating, citing challenges in return on asset (ROA) due to high credit costs and operational expenditures.
  • The bank, post-merger with Capital First, has shifted focus to a retail franchise but faces limited upside potential in ROA, despite growth in retail/CASA deposits.
  • UBS identifies 5 key factors including a neutral risk-reward outlook, sector tailwinds supporting growth, stable net interest margin (NIM) amid loan mix shifts, high credit costs, and forecasts of sustained stress in business loans.
  • Shares of IDFC First Bank have seen a 7% rally in one month and 20% year-to-date, with UBS projecting a modest ROA of 1% by FY27.

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HinduBusinessLine

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JPMorgan mulls cutting India, China share in Emerging Market Bond Index

  • JPMorgan is considering reducing the share of India and China in its GBI-EM Global Diversified index, which is the benchmark for local-currency developing-nation debt.
  • The proposed changes could lead to a decrease in the cap on individual countries from 10% to 8.5%, potentially increasing the average yield of the benchmark.
  • If implemented, the amendments would impact major bond sellers in emerging markets like Indonesia, Mexico, Malaysia, China, and India.
  • JPMorgan is also contemplating a new index for local markets in frontier economies, covering 21 markets across 20 currencies.

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Bloomberg Quint

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SEBI’s Massive Pump-And-Dump Crackdown: Over 200 Companies Likely Under Scanner

  • SEBI is intensifying its investigation into a large-scale pump-and-dump operation involving shell companies, possibly impacting over 200 companies.
  • The focus is on entities suspected of artificially inflating stock prices and offloading them to unsuspecting investors.
  • SEBI is examining data from over 150 mobile devices and 100 computers, with recent searches covering more than 80 premises in this ongoing enforcement crackdown.
  • The probe involves detailed forensic analysis of digital devices seized during raids on a suspected network of shell companies manipulating stock prices.

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HinduBusinessLine

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Big tech’s new AI ad tools could disrupt the agency model

  • Big tech, like Google and Meta, introduce AI tools disrupting traditional agency models.
  • AI tools aim for higher ad performance and cost savings while automating various tasks.
  • This shift could impact agencies' roles in media planning, creativity, and campaign governance.
  • While AI offers efficiency, agencies can focus on original creativity and brand strategy.

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HinduBusinessLine

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Uber’s India ambitions face latest challenge from rival rapido

  • Rapido challenges Uber in India with affordable motorcycle taxis and unique pricing.
  • Rapido becomes profitable with innovative zero-commission model, prompting Uber and Ola to follow.
  • Rapido's success reflected in downloads surpassing Uber and Ola, focusing on sustainable growth.
  • Facing challenges like legal restrictions and GST issues, but aims for long-term success.

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HinduBusinessLine

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Gold rises on Trump's latest tariffs, firmer dollar caps gains

  • Gold prices rose slightly as spot gold reached $3,333.67 per ounce and US gold futures climbed to $3,345.10.
  • Trump's announcement of new tariffs on Canadian imports and other trade partners, along with a recent tariff on US copper imports, boosted market uncertainty.
  • Despite the tariff news, gold prices did not surge significantly due to investor familiarity with Trump's policies and a stronger US dollar, which made gold more expensive for international buyers.
  • The US dollar index recorded its best weekly performance since February, limiting the gains for precious metals like gold.

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HinduBusinessLine

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India’s wholesale inflation likely rose to 0.80% in June: Union Bank report

  • India's wholesale inflation rose to 0.80% in June according to a Union Bank report.
  • The core WPI, excluding food and fuel, increased from 0.86% in May to 1.63% in June.
  • While food inflation moderated on a yearly basis, month-on-month prices saw a rise, with food WPI easing to 0.60% in June.
  • Fuel inflation remained in the deflationary zone, but the pace of contraction slowed, likely at (-)1.82% in June compared to (-)3.87% in May.

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Bloomberg Quint

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Belrise, Sagility, Adani Energy Among Jefferies' 11 Stock Picks — Check Others

  • Jefferies has identified 11 value buy stocks within its India coverage, including Adani Energy Ltd., Adani Ports & Special Economic Zones Ltd., AWL Agri Business Ltd., and Birla Corp.
  • The firm highlighted the challenge of finding attractive value versus growth in non-financial sectors as MSCI India ex-financials trades at a high PE ratio.
  • Newly listed companies like Belrise Industries Ltd., Sagility India Ltd., and Adani Energy Solutions Ltd. have been added to Jefferies' model portfolio for their value potential.
  • Jefferies stresses the importance of bottom-up stock picking in the current market environment, with these selected value stocks positioned for growth in the upcoming quarters.

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