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Bloomberg Quint
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Greenply Industries — Yes Securities Preferred Stock In Building Materials Segment; Q1 Results Preview
- Yes Securities prefers Greenply Industries in the building materials segment as demand shows initial improvement in the woodpanel sector.
- The brokerage anticipates a better margin profile for Greenply Industries with timber pricing peaking out.
- Demand remains subdued for various segments like plastic pipes, woodpanels, ceramics, and tiles according to Yes Securities.
- Brokerage advises caution on the sector due to expensive valuations of major plastic pipe companies despite recent stock price increases.
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HinduBusinessLine
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Markets trade lower in early trade ahead of TCS earnings
- Markets traded lower in early trade ahead of TCS earnings due to tariff-related uncertainty.
- BSE Sensex declined by 76.99 points to 83,461.90, while NSE Nifty dipped 23.15 points to 25,452.95.
- Tata Motors, Infosys, Bharat Electronics, Bharti Airtel, HDFC Bank, and Mahindra & Mahindra were among the laggards, while Tata Steel, Power Grid, Axis Bank, and Bajaj Finance were among the gainers.
- With the results season starting, stock-specific actions are expected, and the market is closely monitoring tariff threats and TCS Q1 earnings kicking off on July 10.
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TechBullion
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Atua AI Deploys Context-Aware Modules to Support Smarter Integration
- Atua AI has launched context-aware modules to enhance integration flexibility and decision-making in multichain environments, catering to Web3 developers and enterprises.
- The context-aware modules can interpret real-time data like token behavior, governance events, gas costs, and transaction volume across supported chains like Ethereum, BNB Chain, and XRP Ledger.
- These modules adjust their logic and resource use dynamically based on environmental data, ensuring smarter execution aligned with current chain conditions, and support adaptive routing between modules for more efficient workflows.
- With this advancement, Atua AI aims to provide developers with AI systems that not only automate but also understand and adapt, making decentralized workflows smarter, faster, and more reliable.
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HinduBusinessLine
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228
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Sluggish loan growth drags Indian banks’ bond sales to 11-year low
- Indian banks' bond sales hit an 11-year low due to sluggish loan growth.
- Banks have raised ₹5,920 crore ($691 million) in additional tier 1 and tier 2 notes, a 52% drop from the previous year.
- The weak credit demand suggests RBI's rate cuts have not attracted cautious borrowers, impacting the economy.
- Fitch Ratings expects credit growth to improve, but it may face downside risks if lower interest rates fail to stimulate private investment and consumption.
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Bloomberg Quint
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401
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PFC, REC Share Prices Spike After Morgan Stanley Initiates Coverage
- Shares of Power Finance Corp. (PFC) and Rural Electrification Corp. (REC) surged after Morgan Stanley initiated coverage with an 'overweight' rating.
- PFC's share price rose by nearly 3%, while REC's share price increased by 2.58%.
- Morgan Stanley's report projected PFC and REC to achieve a 12% compound annual growth rate in loans from fiscals 2025 to 2028, with an average return on investment of 17-19%.
- The stocks were deemed attractive with a projected price-to-earnings ratio of 5-6 times for fiscal 2027, supporting sustainable loan growth and a dividend yield of 3.8-4.5%.
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TechBullion
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163
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68EA Exchange Enters the Global Crypto Market with a Zero-Fee Bitcoin Trading Model
- 68EA Exchange Limited, a UK-registered exchange, has introduced a zero-fee trading model for Bitcoin pairs to cater to the growing demand for affordable and efficient crypto trading.
- Founded in January 2025, 68EA Exchange focuses on simplicity, speed, and security, offering a user-friendly interface and advanced security measures like cold wallet storage and two-factor authentication.
- The exchange, accessible globally via 68ea.com, aims to provide a transparent and cost-effective trading experience, aligning with industry expectations for efficiency and openness.
- While emphasizing regulatory compliance and user education, 68EA Exchange seeks to expand its reach, enhance scalability, and maintain its commitment to low-cost trading in response to the increasing interest in digital currencies.
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HinduBusinessLine
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356
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NIIT MTS acquires Germany’s MST Group for €22.37 million, strengthens European market presence
- NIIT MTS acquires Germany's MST Group for €22.37 million, strengthening European market presence.
- MST Group, established in 2009, specializes in managed learning services for automotive, industrial, and energy sectors in Germany and Hungary.
- The acquisition adds seven marquee clients to NIIT MTS' portfolio and enhances capabilities with MST's QuickStart Learning Academies and exTra platform.
- The deal enables NIIT MTS to establish a nearshore capability hub in Hungary, bolstering its service delivery across Western Europe and expanding its global reach.
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HinduBusinessLine
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586
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Omaxe eyes ₹1,200 crore investment in Indore real estate project
- Real estate company Omaxe plans to invest ₹1,200 crore in a new integrated township project in Indore, expected to generate ₹2,500 crore in revenue over three years.
- Funding for the project will be primarily through internal accruals.
- The new township is strategically located in a rapidly developing area and will offer a mix of residential, commercial, and other public amenities.
- Omaxe has a strong presence in Madhya Pradesh with existing and upcoming projects in Indore, Ujjain, and Ratlam.
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Bloomberg Quint
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362
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Earnings To Show A Rebound? JPMorgan Bullish On Healthcare, Capital Goods And These Sectors
- JPMorgan expects earnings recovery for Indian corporates in Q1FY26 amidst economic rebound.
- Healthcare, insurance, capital goods exhibit strength while banks, IT, autos face challenges.
- Metal, oil & gas sectors show mixed performance; market outlook remains range-bound.
- JPMorgan bullish on banks, consumer, hospitals, real estate, defense, and power sectors.
- Overall, Nifty 50 likely to trade between 26,500 and 30,000 targets in next months.
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Fourweekmba
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318
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The AR Wars: Apple Vision Pro’s Struggle as Meta and Google Race Ahead
- Apple plans to upgrade Vision Pro headset as competitors Meta and Google advance.
- Apple's premium AR glasses strategy faces challenges against lightweight, AI-powered competitors.
- AR landscape shifting towards smart glasses, leaving Apple's premium approach vulnerable.
- Meta and Google aggressively advancing with affordable AR glasses, putting pressure on Apple.
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HinduBusinessLine
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371
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Tariffs drive US clothing imports from China to 22-year low in May
- US clothing imports from China hit a 22-year low in May, with a significant decrease from $796 million in April to $556 million in May.
- Tariffs imposed by US President Donald Trump, reaching up to 145 percent in April, prompted more retailers to shift manufacturing from China to countries like Vietnam, Bangladesh, and India.
- Despite a recent trade deal between the US and China, leading US fashion companies are planning to further reduce their reliance on China or consider moving out of the country.
- US retailers' demand for factory inspections in China decreased by nearly a quarter in the second quarter of the year, while sourcing from Southeast Asia grew.
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Fourweekmba
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155
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The Browser Wars 2.0: Perplexity’s Comet Launches as OpenAI Prepares Counter-Strike
- Perplexity launches AI-powered web browser Comet, while OpenAI prepares to launch its own.
- Comet offers AI search engine, assistant for automation, and context-aware intelligence to personalize responses.
- OpenAI's browser integrates ChatGPT, Operator, task automation, and aims to be an AI operating system.
- The browser wars heat up with strategic positioning, technical capabilities, monetization models, and market impacts.
- Anticipated market disruption, SEO challenges, privacy concerns, platform dynamics, and investment strategies discussed.
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HinduBusinessLine
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1.1k
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TCS Q1 preview: BSNL deal likely to drag revenue growth
- TCS is set to release its Q1 FY26 results with varying forecasts from different brokerages.
- Kotak predicts a slight decline in revenue, with flat EBIT margins, steady deal wins, and a focus on reasons for growth struggles.
- Nomura expects revenue to decrease with modest growth in developed markets and EBIT margin drop despite reinvestments.
- Multiple brokerages anticipate revenue decline, margin challenges due to factors like BSNL deal, wage hikes, and client spend uncertainties.
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HinduBusinessLine
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1.3k
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JM Financial sees Indian IPOs adding $3 trillion market value over decade
- JM Financial predicts that Indian IPOs could contribute $3 trillion in market value over the next decade, making India a lucrative market for investors.
- IPOs in India have raised over $6 billion this year, with prominent offerings like HDB Financial Services Ltd raising $1.5 billion and ICICI Prudential Asset Management Co. filing for an IPO to raise up to $1.2 billion.
- Investors are optimistic about India's growth potential, with last year's record IPO activities totaling around $21 billion, driven by factors like the Nifty 50 Index gaining 8% this year.
- Upcoming IPOs include Tata Capital Ltd planning to raise $2 billion and Walmart Inc.'s Phonepe preparing for an IPO that may raise $1.5 billion. M&A activity is also increasing in India, with deals totaling $31 billion.
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Fourweekmba
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338
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The Great AI Consolidation: From Chips to Interfaces, the Moat Wars Begin
- Nvidia reaches $4 trillion market valuation, showcasing AI infrastructure monopoly confirmation.
- Meta invests $3.5 billion in EssilorLuxottica, shifting focus to hardware-software integration.
- OpenAI challenges Google Chrome by launching AI-powered web browser for enhanced user experience.
- Perplexity tests AI's pricing ceiling with $200 premium tier subscription plan.
- OpenAI faces delay in open model release, risking developer ecosystem loss.
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