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Bloomberg Quint
7d
733
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Bonus Issues This Week: Ashok Leyland, Anuh Pharma, Samvardhana Motherson — Check Full List
- Companies like Anuh Pharma, Ashok Leyland, IFGL Refractories, Motherson Sumi Wiring India, and Samvardhana Motherson International are all set to issue bonus shares to stakeholders ahead of their record dates next week.
- Investors must buy shares at least one trading day before the record date to be eligible for the bonus issue as per India's T+1 settlement cycle.
- Anuh Pharma, Ashok Leyland, IFGL Refractories, Motherson Sumi Wiring India, and Samvardhana Motherson International have announced their record dates for bonus share issues this week.
- The bonus share ratios and record dates for the aforementioned companies are as follows: Anuh Pharma - 1:1 on July 15, Ashok Leyland - 1:1 on July 16, IFGL Refractories - 1:1 on July 18, Motherson Sumi Wiring India - 1:2 on July 18, and Samvardhana Motherson International - 1:2 on July 18.
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Guardian
7d
131
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Why Labour should target happiness alongside economic growth
- COVID-19 pandemic led to a significant decline in UK's wellbeing and happiness.
- Research suggests focusing on happiness can lead to improved policy decision-making.
- Addressing issues like physical health, mental health, and loneliness crucial for enhancing wellbeing.
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HinduBusinessLine
7d
253
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India's used-car volume to grow 8-10% in 2025-26, over twice as fast as new cars: Crisil
- India's used-car volume is projected to grow 8-10% in 2025-26, outpacing new car sales, driven by rising consumer confidence and digital adoption.
- The used car market in India has shown a shift with a used-to-new car sales ratio of 1.4, up from less than 1 five years ago, with estimated market value at around ₹4 lakh crore.
- Organised players in the used car segment are facing high operational costs but are expected to reach breakeven at the operating profit level over the next fiscal periods.
- Improving access to vehicle finance and integrated service offerings are likely to support the growth of the used car market in India, despite profitability challenges for many players.
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HinduBusinessLine
7d
735
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BITS Pilani to invest over ₹2,200 cr on expansion, new 'AI+ Campus' at Amaravati
- BITS Pilani plans to invest over ₹2,200 crore in expansion over five years, with focus on three transformative initiatives.
- 'Project Vistaar' includes capacity-building at Pilani, Hyderabad, and Goa campuses, with a total investment of over Rs 1,200 crore, aiming to enhance student capacity and research partnerships.
- The second initiative involves setting up an 'AI+ Campus' in Amaravati with an investment of Rs 1,000 crore, specializing in AI, data science, robotics, and more.
- Additionally, BITS Pilani Digital aims to democratize access to education by launching 32 programs serving over 1,00,000 learners from high-school graduates to working professionals over the next five years.
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Bloomberg Quint
7d
4.5k
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HCLTech Q1 Preview: Muted Growth Likely; Analysts Expect Narrower FY26 Guidance Band
- HCLTech set to report flat revenue, margin contraction in Q1 earnings report.
- Analysts predict revised FY26 revenue guidance of 3-5% from earlier range of 2-5%.
- June quarter performance likely muted with EBIT margin under pressure, expecting soft numbers.
- Revenue for the quarter expected flat at Rs 30,298 crore; EBIT margin to contract.
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Bloomberg Quint
7d
402
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Market Resilience Challenged By Trump’s Weekend Tariff Salvo
- President Trump announced a 30% tariff rate for the European Union and Mexico effective Aug. 1, challenging the financial markets' resilience to tariff threats.
- Despite warnings, investors have assumed previous U-turns from the administration and minimal impact on markets.
- The EU had been negotiating a tentative deal with the US to avoid higher tariffs, but optimism was punctured by Trump's letter.
- Financial markets have struggled to price in the on-again, off-again tariff campaign by Trump, with mixed reactions in response to the recent trade offensive.
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HinduBusinessLine
7d
373
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China says Dalai Lama succession issue a 'thorn' in relations with India
- China considers the succession of the Dalai Lama as a contentious issue affecting relations with India.
- Tibetan Buddhists believe in reincarnation after a senior monk's death, but China asserts the Dalai Lama's succession approval is necessary.
- The Dalai Lama living in exile in India since 1959 gives leverage to India against China; India is also home to many Tibetans and a Tibetan government-in-exile.
- Indian ministers and analysts have supported the Dalai Lama's stance on his succession, with India's foreign minister set to visit China for talks amid strained relations.
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HinduBusinessLine
7d
378
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Retail inflation likely to have dipped further below 2.8% in June
- Retail inflation in May was at a 75-month low of 2.82% and is expected to have further decreased in June due to ease in food prices from a robust spring harvest hitting the markets.
- Food inflation based on the All India Consumer Food Price Index in May was at 0.99%, representing a significant decline of 79 basis points compared to April, with the lowest food inflation since October 2021.
- Inflation in India is expected to align with the Reserve Bank of India's projection in the first quarter, marking the longest period in nearly six years that inflation has been below the medium-term target of 4%.
- Core inflation is projected to have slightly increased in June to 4.5% from 4.2% in May, driven by the rise in prices of gold and other items, indicating steady demand.
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Bloomberg Quint
7d
4
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India's Russian Oil Buy Hits 11-Month High In June
- India's import of crude oil from Russia reached an 11-month high in June at 2.08 million barrels per day.
- Russian crude oil imports surged due to steep discounts offered by Russia post their invasion of Ukraine in 2022.
- India's second-largest crude supplier was Iraq in June, followed by Saudi Arabia and the UAE.
- Crude oil inflows from Brazil grew significantly by about 80% in the six-month period.
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HinduBusinessLine
7d
378
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Truckers body says Centre’s e-truck scheme lacks vision
- Truckers body criticizes Centre's e-truck scheme for overlooking the practical benefits of CNG and LNG vehicles for long-haul operations.
- E-trucks are limited by their range to about 150 kilometers, while CNG/LNG vehicles offer ranges of up to 2200-2400 kilometers on major highways.
- The cost and refueling efficiency of CNG/LNG vehicles favor them over e-trucks, with a significant price gap making e-trucks economically challenging.
- The trucking industry advocates for the government to focus on incentivizing CNG/LNG technology rather than pouring resources into e-trucks with limited practicality for heavy hauling.
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Bloomberg Quint
7d
299
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Musk Says Trump Should 'Just Release Epstein Files As Promised'
- Elon Musk suggested that President Trump should release the Epstein files as promised.
- Musk highlighted Trump mentioning 'Epstein' multiple times while asking people to stop talking about it.
- Trump had earlier defended Attorney General Pam Bondi and accused members of the Biden administration of being behind the files.
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HinduBusinessLine
7d
265
Image Credit: HinduBusinessLine
Visakhapatnam Port Authority to host 2nd BIMSTEC Ports Conclave on July 14–15
- The 2nd BIMSTEC Ports Conclave hosted by Visakhapatnam Port Authority will take place on July 14-15, bringing together ministerial delegations, port authorities, and business leaders from BIMSTEC member countries.
- The conclave aims to discuss maritime economy development, green ports, smart logistics corridors, and port-linked industrialization, aligned with Maritime India Vision 2030 and Amrit Kaal Vision 2047.
- Various stakeholders including ministers, senior officials, delegates, and experts will participate in B2B and G2B sessions for cross-border collaboration and investment in the region.
- The event is set to transform the Bay of Bengal into a global trade hotspot, fostering regional connectivity, prosperity, innovation, and sustainability in line with India's strategic maritime objectives.
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HinduBusinessLine
7d
353
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Need to establish weather station at wind, solar plants of 50 MW: CEA
- The Central Electricity Authority (CEA) has issued guidelines for installing automatic weather stations at solar and wind power plants to improve generation predictability and grid reliability.
- CEA highlighted the importance of accurate weather forecasts as errors can lead to financial penalties under the Deviation Settlement Mechanism.
- The guidelines specify the installation of one automatic weather station for every 50 MW and above renewable energy plant to optimize generation and ensure regulatory compliance.
- The weather stations must measure parameters like wind speed and rainfall, and be located strategically to reflect the actual on-site conditions for both solar and wind power projects.
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Bloomberg Quint
7d
320
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NLC India To Invest Rs 1.25 Lakh Crore Capex By 2030, Bets Big On Renewable Energy
- NLC India Ltd. plans to invest Rs 1.25 lakh crore by 2030 to expand its capacity from 6.7 gigawatts to 20 gigawatts, with a significant focus on renewable energy.
- Out of the planned capex, around Rs 65,000 crore will be allocated to renewables, Rs 45,000 crore to thermal, and Rs 15,000 crore to mining.
- NLC India Renewables Limited, a subsidiary, is expected to undergo an Initial Public Offering (IPO) to raise funds for green energy projects.
- The company is also exploring opportunities to invest in critical minerals abroad and looking into battery mineral assets like Vanadium, Cobalt, Lithium, and Copper.
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HinduBusinessLine
7d
124
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Pick of Portfolio - July 13, 2025
- Gold is losing momentum, silver is yet to rally decisively, while platinum's status as an investment is discussed.
- Market setback seen as a buying opportunity according to chartist K Gurumurthy.
- An article advises against fully switching to FDs and bonds at retirement, emphasizing the importance of maintaining equities in the portfolio.
- A discussion on whether it is advisable to pledge MF holdings for loans by K Venkatasubramanian.
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