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Bloomberg Quint

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Japan's Ambassador, Minister Of Economic Development Meet Gujarat CM To Discuss Economic Ties

  • Japan's Ambassador to India and Minister of Economic and Development Affairs met Gujarat Chief Minister to discuss economic ties.
  • The Ambassador highlighted Japan's intent to deepen ties with Gujarat and appreciated the state government's support to Japanese companies.
  • The Chief Minister emphasized the supportive environment in Gujarat for Japanese businesses and the successful implementation of past agreements between India and Japan.
  • Focus was on the growth of semiconductor industries, with Japan expressing interest in investing in Dholera Special Investment Region and exploring opportunities in electric vehicle manufacturing in Gujarat.

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Bloomberg Quint

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TCS Q1 Highlights: Revenue Declines, Profit Beats; AI Momentum Builds, Outlook Cautiously Optimistic

  • TCS reported mixed results in Q1 FY26 with revenue decline but profits above expectations.
  • The company remains optimistic about a stronger fiscal year 2026, especially in international markets.
  • AI-led services are gaining traction, and TCS continues to invest in capacity and long-term growth.
  • While facing challenges like deal delays and cautious client spending, TCS sees early AI traction and profitability as positive indicators.

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Bloomberg Quint

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Devendra Fadnavis Says Work On Offshore Vadhvan Airport Likely To Commence Next Year

  • Maharashtra Chief Minister Devendra Fadnavis announced that work on the offshore Vadhvan Airport, the country's first, is expected to begin next year.
  • The government has already appointed an agency to prepare a detailed project report (DPR) for the airport.
  • Fadnavis mentioned that the Vadhvan Airport will be the third airport in the Mumbai Metropolitan Region.
  • The chief minister highlighted the importance of airport development in attracting investment and promoting economic growth in the region.

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Bloomberg Quint

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DDA Approves Reforms To Revive Delhi's Commercial Real Estate Sector

  • The Delhi Development Authority has approved reforms to revitalize Delhi's commercial real estate sector, including reducing amalgamation charges for commercial properties and lowering multiplication factors for property auctions.
  • The reforms aim to make Delhi more attractive for investment, exploit underutilized commercial plots, and align property valuations with market realities to enhance competitiveness within the National Capital Region.
  • In addition to commercial policy changes, DDA approved a shift in land use in Narela to create an educational hub and sports complex. They also announced a premium housing scheme offering residential flats in prime locations.
  • The DDA's decisions are expected to trigger a new wave of commercial development in Delhi, attract more investment, and accelerate planned growth in Narela sub-city.

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Bloomberg Quint

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Prada Keen To Launch Limited-Edition 'Kolhapuri-Inspired' Collection: MACCIA

  • Prada plans to launch a limited-edition Kolhapuri-inspired collection in collaboration with local artisans.
  • The collection will be made in India and a technical team from Prada will visit India to identify local supply chain partners.
  • Prada has committed to including 'Kolhapuri' in all publications and meeting geographical indication requirements before commercializing the collection.
  • MACCIA has requested Prada to expand the collaboration to include other heritage crafts beyond Kolhapuri chappal.

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HinduBusinessLine

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Hyundai Creta: 10 out of 10 

  • Hyundai's Creta has seen significant success in the market, with over 1.2 million customers and strong sales record over the last decade.
  • Hyundai has continuously updated the Creta with three major updates, including design and tech upgrades, to cater to evolving buyer needs.
  • The latest generation Creta offers turbo-petrol-powered iteration with commendable performance, good fuel economy, and modern features like a 10.25-inch touchscreen.
  • The Creta excels in comfort, practicality, and features, making it a preferred choice for customers looking to upgrade from hatchbacks or sedans, solidifying its position as a segment-leader.

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Baystreet

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Stocks Crater After Trump Drops Tariff Bomb

  • Toronto's benchmark index fell on Friday as U.S. President Donald Trump escalated tariffs on Canada and positive domestic employment data was released for June.
  • The TSX Composite Index dropped 76.98 points to 27,005.32, while the Canadian dollar weakened.
  • Some stock movements included Aya Gold & Silver and Equinox Gold Corp rising, while miners like Hudbay Minerals and Capstone Copper declined.
  • Trump announced a 35% tariff on Canada, impacting markets negatively, and threatened higher tariffs across the board, causing a decline in major stock indexes.

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Medium

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VidFortune AI Review — Is This the Ultimate Faceless YouTube Automation System for 2025?

  • VidFortune AI offers a video creation system for YouTube automation, affiliate marketing, and scaling without requiring the creator to show their face or do manual editing.
  • The platform generates YouTube videos automatically based on keywords, providing script, visuals, AI voiceover, thumbnail, SEO, and monetization.
  • Users can select from various templates, voices, and languages, auto-generate thumbnails, optimize videos for discovery, insert affiliate links, and manage YouTube channels under their agency brand.
  • The system promises high-CPM videos in different niches, allowing for ad revenue, affiliate commissions, and product placements, with options to sell videos, manage client accounts, and create diverse content styles.

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Forbes

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Bitcoin Price Today: Bitcoin Rises To $117,947

  • Bitcoin (BTC) trades at $117,947, up 6.01% in 24 hours.
  • Bitcoin's 52-week high is $118,856, low is $49,121, up 24.92% year-to-date.
  • Bitcoin, with its capped supply of 21 million coins, influences price.
  • Institutional adoption and market confidence drive bitcoin's validation as an asset.

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HinduBusinessLine

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McCamish Cyber Incident: Infosys says 'stipulation and consent order' in place

  • Infosys' subsidiary, Infosys McCamish Systems, entered into a Stipulation and Consent Order with the State of Vermont Department of Financial Regulation due to alleged violations of the Vermont Security Breach Notice Act.
  • Within 30 days of the order, IMS is required to pay an administrative penalty of USD 125,000 without admitting to the alleged violations.
  • The order was entered into to resolve the matter without a hearing, defining the terms and conditions agreed upon by the parties.
  • In a related incident earlier this year, Infosys had settled six class action lawsuits by agreeing to pay USD 17.5 million into a fund.

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Pymnts

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S&P Global Downgrades Saks Global’s Credit Rating, Citing Financing Package

  • S&P Global Ratings has downgraded Saks Global Enterprises' credit rating from 'CCC+' to 'CC' due to a proposed $600 million financing transaction seen as equivalent to a default.
  • The financing package involves a debt exchange and re-tiering of senior secured notes at a discount, resulting in noteholders receiving lower value and a lower priority.
  • S&P cited Saks Global's operational and liquidity challenges, market position weakening against competitors, and a $517 million operating cash flow deficit in 2024.
  • Saks Global emphasized that the rating update is expected with such transactions, highlighting no default under existing agreements and reiterating confidence in their operations and financing package.

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HinduBusinessLine

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Editorial. Lambs to slaughter

  • SEBI has implemented measures to discourage retail investors from trading in derivatives such as rationalising contracts, increasing contract sizes, and upfront collection of option premiums.
  • There has been a decrease in average daily trading value in equity derivatives and index options, indicating a cooling off in these segments over the last few years.
  • Despite a decline in the number of retail investors trading derivatives, retail losses have increased, reaching ₹1.05 lakh crore in FY25.
  • SEBI faces the challenge of balancing regulatory measures to protect retail investors from losses while avoiding negative impacts on market players, considering options like a stricter product suitability framework.

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TechBullion

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Recover Funds from Crypto Scam: Top 3 Ways (2025)

  • Cryptocurrency scams are on the rise in 2025, luring individuals with promises of high returns and leaving many victims in financial distress.
  • Three effective ways to recover funds from a crypto scam include taking immediate legal action, engaging recovery services, and securing your online presence.
  • Recovering stolen assets from a crypto scam requires swift action, proper documentation, and persistence to navigate the complex process.
  • BrokerComplaintAlert.org offers assistance in recovering funds from crypto scams by providing legal guidance and support services to victims.

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HinduBusinessLine

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Letters to the Editor dated July 11, 2025

  • Trump threatens blanket tariffs of 15% or 20% on those not sent tariff letters, sparking concerns over global economy stability.
  • Critics warn Trump's tariff decisions could have negative repercussions, urging him to reconsider his approach to avoid potential backlash.
  • Urgent calls for countries trading with the US to discuss tariff rates with Trump to reach a consensus and promote goodwill among nations.
  • Recent short seller reports on Adani group and Vedanta raise questions about vested interests undermining Indian companies, highlighting differing responses from government and media.

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Baystreet

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The U.S. Department of Defense Just Created a Sky-High Opportunity for Drone Stocks

  • The U.S. Department of Defense boosts opportunities for drone stocks.
  • President Trump's investments in advanced drones create significant potential for drone companies.
  • New policy directive unleashes U.S. military drone dominance, favoring companies like ZenaTech and AeroVironment.
  • ZenaTech sees game-changing policy enabling portfolio of ZenaDrone drones for military use.
  • Overall demand for drones and autonomy investments set to drive market growth.

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