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HinduBusinessLine
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Montra Electric partners Green Drive Mobility, to deploy 50 electric SCVs in 3 months
- Montra Electric partners with Green Drive Mobility to deploy 50 electric SCVs in 3 months, supporting zero-emission mobility solutions for various delivery segments.
- The partnership aims to accelerate the adoption of clean mobility solutions in India's logistics ecosystem, according to TIVOLT Electric Pvt Ltd CEO Saju Nair.
- The initial deployment of the 50 vehicles will occur in phases.
- Green Drive Mobility's Founder & CEO expressed that Montra Electric's EVIATOR integration will offer real-time operational insights and reliable after-sales support for seamless fleet performance.
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Guardian
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US shoppers feel the heat of Trump’s trade war: ‘the prices are going up’
- US shoppers at Queens's largest mall are feeling the impact of rising prices, particularly on basic necessities like t-shirts and underwear.
- Retailers, including Macy's, are passing on price increases to customers due to Trump's trade wars and the uncertainty around tariffs.
- Recent data shows significant price increases in footwear, apparel, and bags over the last six months, with potential for further hikes as new tariffs loom.
- While some customers at Macy's are feeling the pinch of higher prices, others use coupons to mitigate the impact, as retailers grapple with absorbing some costs to retain customer loyalty in the face of tough competitive dynamics.
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Bloomberg Quint
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JTL Industries Shares Rally To Four-Month High As It Plans New Pipe Manufacturing Facility
- JTL Industries' shares surged to a four-month high after announcing plans for a new pipe manufacturing facility, focusing on high-strength steel pipe segments.
- The new facility, to be completed in 12 months, will add an Electric Resistance Welded pipe manufacturing line with a capacity of 3 lakh million tons per annum.
- The move aims to cater to the ASTM/API-grad pipe market, strengthening JTL Industries' position in value-added segments.
- JTL Industries' share price rose 6.26% to Rs 85.96 apiece, marking the highest level since March 6, contributing to a positive streak for five consecutive days.
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Bloomberg Quint
2w
353
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Rising Delinquencies In MSME Loans Spark Concerns For NBFCs
- MSME sector shows cracks in credit health with rising delinquencies in low-ticket loans.
- NBFC small business loans overdue for 90+ days increased to 1.9% from 1.3% a year ago.
- Overleveraging by borrowers and lending shifts contribute to the alarming trend.
- MSME lending portfolio at Rs 4.4 lakh crore, expected to touch Rs 5.3 lakh crore.
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TechBullion
2w
392
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Why Furniture Brands Are Skipping Photoshoots and Going Digital
- Furniture brands are increasingly shifting from traditional photoshoots to digital visualization using CGI specialists.
- This transition enables faster, more flexible, and cost-effective methods of showcasing products through virtual showrooms and animations.
- The use of 3D product animation allows for detailed, interactive presentations of furniture that are difficult to capture in static images.
- This shift not only saves costs and time but also aligns with sustainability goals by reducing emissions from traditional photoshoots.
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Crypto-News-Flash
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120
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MEXC DEX+ Super Fest Season 5 Launches with a 200,000 USDT Prize Pool
- MEXC announces the launch of Season 5 of the DEX+ Super Fest with a 200,000 USDT prize pool, aimed at providing a rewarding decentralized trading experience.
- The event features an upgraded four-tier reward system, including incentives for new users, consecutive traders, referrals, and team competitions with rewards distributed in tokens.
- MEXC's DEX+ Super Fest Season 4 received significant support with over 25,000 registrations and various tasks completed, prompting Season 5 to offer more generous rewards and enhanced accessibility.
- With the rise of DeFi and blockchain technology, MEXC aims to empower users globally through innovative products and diverse reward mechanisms, enabling participation in the evolving crypto asset landscape.
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Medium
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388
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The Day Mobile Gaming Defeated PC (And Nobody Noticed)
- In 2025, mobile gaming has overtaken PC gaming in global video game revenue, with mobile generating over 55% while PC accounts for about 21%.
- The shift towards mobile gaming has been gradual and silent, driven by the ubiquity of smartphones and the adaptability of mobile games to fragmented time schedules.
- Mobile game design focuses on quick rewards, daily engagement mechanics, and adaptability to users' time constraints, contrasting with the traditional dedication demanded by PC gaming.
- Major titles like Call of Duty Warzone, Genshin Impact, and Apex Legends have mobile versions with advanced graphics and full gaming experiences, blurring the line between mobile and PC gaming.
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HinduBusinessLine
2w
306
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Goyal urges energy storage industry to reduce dependence on imports from certain countries
- Piyush Goyal urges energy storage industry to reduce dependence on imports, focus on R&D for innovative products.
- Draft guidelines are being prepared to incentivize domestic production of rare earth minerals.
- The industry is advised to explore newer technologies to reduce reliance on imports and achieve self-sufficiency.
- Efforts are being made to develop charging and battery swapping infrastructure for faster EV adoption and boost domestic manufacturing.
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Bloomberg Quint
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397
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SBI's Rs 25,000-Crore QIP Likely Next Week
- SBI, India's largest lender by assets, is preparing to sell around $2.9 billion of shares through a Qualified Institutional Placement (QIP) as early as next week.
- If fully subscribed, this would be the largest QIP in India, exceeding Coal India Ltd.'s sale in 2015.
- The sale is part of SBI's strategy to support loan growth, strengthen its balance sheet, and meet regulatory requirements.
- The bank has shortlisted six investment banks to manage the transaction and the plans are subject to change.
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TheNewsCrypto
2w
8
Matrixport Establishes Strategy XAUm Reserve, Remains Bullish on the Future of Tokenized Real-World Assets
- Matrixport Ventures, the investment arm of Matrixport, has completed a strategic reserve of XAUm equivalent to US$3 million and plans to increase its holdings of XAUm in stages.
- XAUm is a tokenized gold backed by physical gold certified by LBMA, and offers offline redemption of physical gold in Singapore and Hong Kong.
- XAUm is seen as a strategic asset for hedging against cyclical fluctuations and inflation risks, and is becoming important for on-chain financial asset allocation.
- Matrixport's strategic reserve of XAUm aims to enhance risk resistance, optimize financial reserves, and help in the efficient allocation of high-quality assets.
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HinduBusinessLine
2w
488
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OYO, Yatra partner to expand business travel offerings
- OYO and Yatra have partnered to expand business travel offerings in India.
- More than 500 company-serviced hotels of OYO, including mid-premium and premium brand hotels, have been onboarded on Yatra's platform.
- OYO plans to add 1,000 more company-serviced hotels for booking on Yatra's platform by September this year to cater to the growing demand for quality accommodation in emerging metros for business travelers.
- India's business travel spending is on the rise, positioning the country as the eighth largest business travel market globally and fourth in the Asia-Pacific region, with expectations of a full recovery to pre-2019 spending levels by 2025.
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Bloomberg Quint
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649
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India’s Power Demand To Surge More Than 7% Annually Over A Decade: Goldman Sachs’ Nikhil Bhandari
- India's power demand is projected to increase by over 7% annually until FY35, according to Goldman Sachs' Nikhil Bhandari.
- Renewables and hydropower have dominated new power capacity additions, with concerns arising about grid stability and meeting rising power demand.
- The need for coexistence of thermal and renewable energy sources, along with addressing storage challenges, notably battery manufacturing, is crucial for India's energy sector growth.
- Bhandari suggests focusing on integrated renewable energy solution providers and highlights the necessity for substantial battery storage and grid modernization efforts.
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TechBullion
2w
250
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The Evolution of TV Channel Distribution: A Digital Business Catalyst
- TV distribution is evolving with major implications for digital business and advertising strategies.
- Transition from traditional cable to OTT platforms and hybrid TV models are reshaping content consumption.
- AI, ML, 5G, and edge computing are driving the future of TV distribution technologies.
- TV ads are becoming interactive, subscription-based platforms are gaining popularity, and India leads digital evolution.
- Businesses need to understand and adapt to the changing landscape to thrive in the digital era.
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Bloomberg Quint
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254
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Indian Hospitality Q1 Results Preview — 'Buy' Lemon Tree, 'Reduce' EIH Lists Yes Securities Among Others
- Yes Securities maintains a positive view on the Indian Hospitality industry and remains constructive on the sustainable industry upcycle.
- In Q1, there was momentum in average room rate growth, although with some moderation.
- April saw strong momentum with 11-13% ARR growth YoY and 4-6% increase in occupancy, leading to revenue per available room growth of 20-22% across the industry.
- May showed a decline in occupancy YoY due to seasonal softening and geopolitical tensions impacting travel demand.
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HinduBusinessLine
2w
556
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Smartworks IPO booked 25% so far, analysts give cautious thumbs-up
- Smartworks IPO, worth ₹582.56 crore, is 25% subscribed as of 1.15 pm on its first day of bidding.
- The price band for the IPO is set at ₹387-407 per share with a minimum lot size of ₹36 shares. The IPO concludes on July 14, 2025, and is expected to list on the BSE and NSE on July 17, 2025.
- The company has reduced the size of the fresh issue to ₹445 crore and the Offer-For-Sale (OFS) to 33.79 lakh shares. Proceeds from the OFS will go to promoters while funds from the fresh issue will be used for various purposes.
- Market experts suggest a cautious approach due to competition, with some recommending participation for long-term gains, while others advise a wait-and-see strategy. The IPO has received mixed responses with NIIs subscribed 0.42 times, retail 0.32 times, and an implied listing gain of 7-8%.
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