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Bloomberg Quint
1d
746
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Q1 Results Live: DMart, Aditya Birla Money Earnings Coming Today; Shares Down
- 14 companies are set to announce their Q1 FY26 results on July 11, including DMart, Aditya Birla Money, Elecon Engineering, and others.
- DMart's share price fell 2.8% ahead of their Q1 results as analysts predict challenges in the consumer staples sector due to weak demand.
- Elecon Engineering reported a doubling of Q1 profit, with revenue up 25% and Ebitda up 41%.
- Analysts estimate DMart's revenue to grow by nearly 18% in Q1 FY26.
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Eu-Startups
1d
241
Berlin-based re:cap lands in UK to scale its Capital OS for tech companies, securing €125 million
- Berlin-based FinTech re:cap, known for its Capital OS, is expanding into the UK and has secured a new €125 million credit facility for lending.
- re:cap has seen success in Germany and the Netherlands, deploying over €100 million in financing with no defaults reported.
- The company's Capital OS platform offers real-time capital planning and flexible funding options for tech companies to scale efficiently.
- HSBC Innovation Banking and Avellinia Capital are among re:cap's partners providing funding for their innovative finance model.
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Bloomberg Quint
1d
312
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Got A Bonus? Here's How To Choose Between Prepaying Loan And Investing
- Deciding between loan prepayment and investing surplus amounts depends on factors like interest rates, risk appetite, liquidity needs, and long-term financial goals.
- Comparing the interest on loans with expected investment returns is key; if loan interest is higher, prepayment might be wise, whereas investment might be preferred if potential returns exceed loan rates.
- High-interest loans like credit cards should be prioritized for prepayment, while loans with lower rates and tax benefits could be supplemented with investments.
- Maintaining a balance between prepayment for peace of mind and keeping liquidity for emergencies can be achieved through a hybrid approach, considering individual preferences and financial circumstances.
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Bloomberg Quint
1d
327
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Amazon Prime Day Sale 2025: Up To 50% Off On Top Brands Like Samsung, LG, JBL And More - Check Deals
- Amazon Prime Day Sale 2025 offers up to 50% off on products from top brands like Samsung, LG, Lenovo, and JBL.
- The sale includes discounts on a wide range of items including laptops, tablets, smartphones, electronics, and large appliances.
- Amazon's own devices such as the Echo Auto, Echo Buds, Fire HD 8 Pro tablet, and Kindle Coloursoft Signature Edition Bundle are also available at significant discounts.
- Customers can enjoy discounts on products like Lenovo laptops, Dell Inspiron, Samsung Galaxy smartphones, JBL soundbars, LG Smart TVs, Whirlpool refrigerators, Blue Star ACs, and more during the sale.
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Bloomberg Quint
1d
312
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Flipkart’s GOAT Sale 2025 Offers Heavy Discounts On Apple iPhone 16, Samsung Galaxy S24 Ultra
- Flipkart's GOAT Sale 2025 is offering heavy discounts on flagship smartphones like the Apple iPhone 16 and Samsung Galaxy S24 Ultra, along with additional bank and exchange offers.
- During the sale, the Apple iPhone 16 is available for Rs 69,999 with a Rs 10,000 discount from its original price of Rs 79,999. Customers can also benefit from cashback and exchange offers.
- The Samsung Galaxy S24 Ultra, initially priced at Rs 1,34,999, is on sale for Rs 82,288, providing a significant discount. Further discounts are available for Flipkart Axis Bank credit card users.
- With substantial price cuts on these premium smartphones, Flipkart's GOAT Sale is an ideal opportunity for buyers looking for flagship upgrades.
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Bloomberg Quint
1d
119
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iPhone 17e Price Likely Around Rs 65,000, Launching Sooner Than Expected
- Apple is reportedly planning to launch the iPhone 17e earlier than expected in early 2026, following an annual upgrade cycle for its low-cost iPhone lineup.
- The iPhone 17e, replacing the 16e model, is expected to launch in February 2026, as per Bloomberg's Mark Gurman, deviating from Ming-Chi Kuo's earlier prediction of a May 2026 release.
- The iPhone 17e is likely to maintain features like a 6.1-inch OLED display, USB-C port, and be powered by the A19 chip, with an expected price around Rs 64,990 in India.
- Apple is anticipated to continue the 'e' lineup with a third-generation model expected in the spring of 2027, further solidifying its commitment to annual refresh cycles for budget-friendly iPhones.
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Bloomberg Quint
1d
350
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US, China Envoys To Meet In Possible Prelude to Trump-Xi Summit
- US Secretary of State Marco Rubio to meet Chinese Foreign Minister Wang Yi in Malaysia.
- Meeting seen as a possible prelude to a leadership summit between Trump and Xi.
- Rubio aims to discuss Chinese support for Russia, while tensions between US and China persist.
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Bloomberg Quint
1d
560
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Tourism Finance Corporation Board Approves 1:5 Stock Split
- Tourism Finance Corporation of India has announced a stock split in the ratio of 1:5, subject to shareholder approval at the upcoming annual general meeting.
- The stock split aims to enhance liquidity, improve affordability for retail investors, and broaden the shareholder base.
- After the split, the company's equity shares will increase from 9.25 crore to 46.29 crore with a new face value structure.
- The board also approved the appointment of secretarial auditors for a five-year term.
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Bloomberg Quint
1d
437
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Enviro Infra Engineers Shares Continue Rally, Hit Five-Month High After Order Win
- Enviro Infra Engineers' shares surged by 11% on Friday, reaching a five-month high after announcing a Rs 400-crore order win.
- Earlier, the company had seen a 5% rise in share price following another significant order win.
- Enviro Infra Engineers specializes in water and wastewater treatment plants, delivering infrastructure solutions across India.
- The company's stock price rose by 11.54% to Rs 273.49 apiece and continues to show growth in traded volume and relative strength.
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Bloomberg Quint
1d
192
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Stock Recommendations Today: TCS, HUL, Bharat Forge, Glenmark Pharma On Brokerages' Radar
- TCS, HUL, Bharat Forge, and Glenmark Pharma were top picks on brokerages' radar.
- UBS downgraded Bharat Forge and Maruti Suzuki while covering IDFC First Bank.
- Analyst views on TCS, leadership change at HUL, and brokerages' calls highlighted.
- Glenmark Pharma received mixed reviews from Nomura, HSBC, and Axis Capital.
- Brokerages shared insights on HUL's new CEO and TCS Q1 results, among others.
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Bloomberg Quint
1d
7
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India Widens Global Funds’ Access To $639 Billion Credit Market
- India has expanded foreign investors' access to its $639 billion credit market by allowing global banks like HSBC Holdings and Standard Chartered to offer total return swaps for corporate bonds.
- These total return swaps enable investors to gain exposure to India without the need to open a domestic account, attracting significant inflows into the nation's sovereign debt market since its inclusion in global bond indexes.
- The approval for swaps is currently limited to onshore rupee debt, but there is increasing demand to offer these derivatives for dollar bonds from companies in GIFT City.
- The move is seen as a way to further boost India's credit market growth, with increased interest from investors globally in accessing Indian assets through total return swaps.
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Bloomberg Quint
1d
308
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Multibagger PSU IREDA Share Price Cracks 6% After Q1 Net Profit Slumps 36% YoY; Stock Down 25% YTD
- IREDA shares slumped over 6% after reporting a 36% decline in net profit during the June quarter.
- The company's net profit dropped to Rs 247 crore from Rs 384 crore in the year-ago period.
- On Friday, IREDA's share price opened 5% lower and extended losses to 6% at Rs 159.80 intraday.
- With the stock down 25% year-to-date, this is a developing story with updates to follow.
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Bloomberg Quint
1d
15
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India Doubles Proposed Retaliatory Duties On Steel, Aluminium Against US At WTO
- India has doubled its proposed retaliatory duties against the US at the World Trade Organization in response to increased tariffs on steel and aluminium by the Trump administration.
- India's move aims to recover about $3.8 billion in duties, doubling its proposed duties after the US doubled its tariffs to 50% in June.
- This posturing at the WTO coincides with fresh negotiations for a bilateral trade agreement between India and the US, with a tariff pause date now set for August 1.
- The first rounds of negotiations did not result in a deal by the July 9 deadline, and both sides are now looking to reach an agreement within the next 20 days.
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Bloomberg Quint
1d
496
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Anthem Biosciences IPO GMP In Focus As Mainboard Issue Opens Next Week — Check Key Details
- Anthem Biosciences is set to launch its IPO next week to raise over Rs 3,000 crore from the primary market.
- The IPO price band is set between Rs 540 and Rs 570 per share, with details on lot sizes and participation requirements provided.
- Anthem Biosciences reported a YoY increase in profit after tax and total revenue in the financial year.
- Proceeds from the IPO will go to shareholders as the company will not receive any funds from the offering.
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Bloomberg Quint
1d
366
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TCS Share Price Falls Over 2% On Weak Q1 Results, Cautious Outlook; Buy Or Sell?
- TCS share price fell over 2% after reporting weak Q1 results and a cautious outlook by brokerages.
- Net profit for TCS rose 4% to Rs 12,760 crore in Q1FY26 compared to the previous quarter.
- Leading brokerages expressed concerns about the demand environment for TCS in the next few quarters due to macro uncertainty.
- At 9:54 am, TCS shares traded 2.26% lower at Rs 3,306 apiece on the BSE, with the stock falling 15% in the last 12 months.
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