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Bloomberg Quint
15h
209
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Stock Recommendations Today: What Brokerages Are Saying About HCLTech, Ola Electric, Kalyan Jewellers And More
- Stock recommendations today include HCLTech, Ola Electric, Kalyan Jewellers and Sun Pharma.
- Analysts review June quarter results, initiating fresh ratings based on company outlooks.
- Brokerages provide insights on companies like HCLTech, Ola Electric, Kalyan Jewellers, and Sun Pharma.
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Bloomberg Quint
15h
40
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Elon Musk Brings Tesla To India — But Who’s It Really For?
- Tesla Inc. has launched a showroom in Mumbai's Bandra Kurla Complex as part of Elon Musk's plans to enter India's premium electric vehicle market without local manufacturing.
- The China-made Model Y will be sold at a price significantly higher than its US version, around $56,000, targeting the luxury car segment in India.
- Tesla's entry into India aims at gauging demand for EVs, building the brand image, and exploring a relatively untapped market amidst challenges in China and the US.
- While India represents an opportunity for growth, the high price of Tesla vehicles may limit sales, with the country's EV penetration under 5% and luxury cars constituting just 1% of total vehicle sales.
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Bloomberg Quint
15h
285
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Luxury Development Boom Stokes Jump In Indian Real-Estate Shares
- India's real estate stocks are experiencing a rally driven by strong residential pre-sales and a surge in luxury housing projects.
- Investors are optimistic about a turnaround in India's property market, with developers expected to report record pre-sales.
- While concerns exist about aggressive new project launches and potential oversupply, developers with strong balance sheets are expected to benefit.
- Investors are awaiting upcoming earnings reports to assess whether firms will revise guidance for fiscal 2026 upwards.
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HinduBusinessLine
15h
3.5k
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Venture funding in India slows even as AI boosts global VC investments
- Indian venture capital funding saw a decline to $2.7 billion across 316 deals in April-June 2025, down 13% year-on-year and quarter-on-quarter.
- Global venture funding in Q2 2025 surged to $94.6 billion, driven by investments in AI companies and growing private capital interest in tech and aerospace verticals.
- The US dominated the global venture funding, accounting for $68.7 billion across 2,430 deals, hosting a majority of new unicorns in Q2.
- Notable deals in India included funding for logistics firm GreenLine, fintech firm Groww, and B2B commerce firm Jumbotail, with a rise in hard tech investments capturing top deals.
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HinduBusinessLine
15h
371
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Celonis appoints former Deutsche India CEO Dilipkumar Khandelwal as Chief Customer Officer
- Dilipkumar Khandelwal, former Deutsche Bank India CEO, has been appointed as the Chief Customer Officer at Celonis.
- Khandelwal's role will focus on helping companies achieve tangible outcomes and benefits through the adoption of AI technologies in the enterprise segment.
- He will also oversee Celonis' expansion in India as a key market for innovation and talent, with recent investments including the Celonis Garage innovation hub in Bengaluru.
- Khandelwal, known for his industry experience and global team leadership, will play a pivotal role in guaranteeing customers' success by connecting technology to business outcomes at Celonis.
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Bloomberg Quint
16h
278
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Stock Market News Live: GIFT Nifty Indicates A Positive Start; HCLTech, Sun Pharma, Tata Tech Shares In Focus
- India's benchmark equity indices extended losses to a fourth session on Monday.
- The GIFT Nifty was trading near 25,100 early Tuesday, indicating a positive start for the Indian markets.
- HCLTech, Sun Pharma, and Tata Tech shares are in focus.
- The NSE Nifty 50 ended lower at 25,082.3 points, with the BSE Sensex closing down at 82,253.46 points.
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Bloomberg Quint
16h
423
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Ashok Leyland Bonus Issue: Last Day To Buy Shares To Qualify — Check Details
- Ashok Leyland Ltd. sets July 16 as the record date for a 1:1 bonus share issue, with investors needing to hold shares in their demat account by that date to be eligible.
- Under India's T+1 settlement cycle, shares must be purchased at least one trading day before the record date for eligibility in the bonus issue.
- The deemed date of allotment for Ashok Leyland bonus shares is July 17, with trading availability starting on July 18.
- The company's stock closed 2.7% higher on Monday at Rs 252.95 per share, having risen 14% year-to-date and 11% in the last 12 months.
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Bloomberg Quint
16h
382
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Gold Holds Loss As Trump Signals Openness To More Trade Talks
- Gold steadied following a drop as Trump expressed openness to more trade talks, easing haven demand.
- The precious metal surged by over 25% this year, reaching a record high, but rally has stalled recently due to trade policy uncertainties.
- Market analysts suggest gold may retest or surpass previous highs if trade talks deteriorate.
- Gold price was at $3,347.11/ounce with a cautiously bullish forecast; Silver rose, palladium climbed, while platinum remained stable.
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HinduBusinessLine
16h
257
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Tweak in sulphur norms will cut electricity costs
- MoEFCC notification eases sulphur emission rules for most coal-fired power plants, cutting costs.
- Flue Gas Desulfurisation debates ongoing to control sulphur dioxide emissions from coal plants.
- Committee studied effectiveness of standards, recommends exemptions due to various factors.
- Key point from studies is FGD fitment not necessary for NAAQ standards compliance.
- Changes aim to lower electricity costs and balance industry needs with public health.
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Bloomberg Quint
16h
4
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Shubhanshu Shukla, Other Axiom-4 Astronauts Board Spacecraft For Return To Earth
- Shubhanshu Shukla and three other astronauts of Axiom-4 board Dragon Grace spacecraft to return to Earth after 18-day stay at ISS.
- Descent of Dragon spacecraft from ISS is designed to be autonomous.
- After undocking, Dragon will perform engine burns and re-entry procedures before splashdown off the coast of California.
- Splashdown is expected to occur at 3:01 pm IST on Tuesday.
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Bloomberg Quint
16h
7
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Asian Shares Edge Up, Japanese Bond Yields Rise: Markets Wrap
- Shares in Australia and Japan rose while South Korea shares retreated.
- S&P 500 gained with Trump open to trade talks, Bitcoin slipped.
- Japanese bond yields climbed, US-China trade optimism faces test.
- China's GDP data, US bank earnings, and inflation data awaited.
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HinduBusinessLine
16h
338
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Aadhaar: New features seek to address key pain points
- Aadhaar is introducing new features to address key challenges by using authenticated government databases for cross-verifying user information and integrating electricity bill databases.
- The new features include QR code-based Aadhaar sharing to offer users more control over their data, making updates easier and Aadhaar usage more digital-first.
- Despite being a cornerstone of India's digital identity infrastructure, Aadhaar has faced challenges in updating details, especially for vulnerable populations like homeless individuals and the third gender.
- UIDAI's efforts aim to digitize and decentralize Aadhaar updates, addressing operational complaints and improving identity infrastructure, while concerns over privacy and misuse persist with the new digital features.
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Bloomberg Quint
16h
301
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How To Make Rs 1 Crore Starting At Age 35? An Investment Roadmap
- To make Rs 1 crore starting at age 35, an investment roadmap suggests spreading investments across PPF, mutual funds, and gold over a 15-year horizon.
- Mutual funds, with expected 12% yearly returns, can target Rs 50 lakh with a monthly investment of Rs 10,500, leading to a total corpus of Rs 47.97 lakh.
- PPF, offering 7.1% annual return, can target Rs 25 lakh with a monthly investment of Rs 8,000, resulting in a final corpus of Rs 25.24 lakh.
- By adjusting investments based on income rises and extending the investment duration, reaching over Rs 1 crore is achievable, depending on risk appetite and commitment to financial goals.
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Bloomberg Quint
16h
47
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Rs 500 Weekly SIP: How Much Can It Accumulate In 10-15 Years?
- Systematic Investment Plans (SIPs) are a popular tool for long-term wealth creation, offering market-linked attractive returns and the benefit of compounding.
- SIPs provide flexibility with contribution timelines starting from as low as Rs 500 weekly, allowing gradual wealth accumulation without financial strain.
- Investing Rs 500 weekly for 10 years at an expected 12% annual return could result in a total value of Rs 4,48,135, whereas a 15-year duration could lead to Rs 9,07,736.
- Extending the SIP investment period can substantially increase the total corpus, emphasizing the importance of setting realistic financial goals and considering market fluctuations.
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Bloomberg Quint
16h
220
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PPF Strategy To Build Rs 2-Crore Fund: Investment Journey Explained
- Public Provident Fund (PPF) is a long-term wealth creation investment instrument in India offering secure returns and tax benefits with a 15-year tenure and possible extensions.
- Investors can contribute between Rs 500 and Rs 1.5 lakh per financial year in a PPF account, with the funds earning compound interest over time, and the maturity amount being tax-free.
- PPF provides 'EEE' (Exempt-Exempt-Exempt) tax benefits where contributions, interest earned, and maturity amount are all exempt from tax, making it suitable for long-term financial planning for goals like retirement.
- To build a Rs 2-crore corpus through PPF with a 7.1% annual return, investors need to contribute Rs 1.5 lakh yearly for 35 years, resulting in a total investment amount of Rs 52.5 lakh and accumulating a tax-free amount of Rs 2.27 crore.
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