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Bloomberg Quint
2d
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TCS Q1 Impact: Wipro, Infosys ADR Decline
- Wipro and Infosys American depositary receipts (ADRs) declined after Tata Consultancy Services Ltd. (TCS) reported its first-quarter results.
- Wipro's ADR fell over 6% to 2.8880, while Infosys ADR dropped nearly 4% to 18.07.
- TCS experienced a 1.6% decline in revenue to Rs 63,437 crore in the first quarter, missing the analyst consensus estimate.
- TCS reported a 4% rise in consolidated net profit, with an increase in headcount and an IT services attrition rate of 13.8% over the past twelve months, the highest in nearly two years.
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Bloomberg Quint
2d
67
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India Needs To Explore Battery Technology Aside From Lithium-Ion: Industry Experts
- Industry experts suggest that India needs to explore battery technologies beyond lithium-ion, which currently dominates the market due to its high energy density and quick charging capabilities.
- The surge in the electric vehicle (EV) market in India underscores the importance of finding alternative battery technologies to ensure sustainability in the future.
- Experts emphasize the need to diversify energy storage solutions to address concerns over limited raw materials availability for lithium-ion batteries, leading to potential production challenges and shortages.
- Innovative solutions like Vanadium Redox Flow Batteries (VRFB), sodium-ion technologies, and thermo-mechanical systems are emerging as promising alternatives that could revolutionize the EV industry and support clean energy initiatives.
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Bloomberg Quint
2d
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TCS Q1 Results: Tata Consultancy Sales Drag As Cautious Clients Hold Back Tech Spends
- Tata Consultancy Services Ltd. reported a decline in sales in the first quarter through June, marking an annual decline of just over 3% in constant currency due to geopolitical uncertainties and cautious clients on technology spending.
- TCS' revenue growth is at its lowest since the beginning of fiscal 2021, with the company's CEO stating that the resumption of growth depends on more clarity in the macroeconomic scenario.
- While global trade uncertainties have caused clients to pause or delay projects, TCS' new-age services in AI, cybersecurity, and cloud computing have performed well.
- Despite the sales decline, TCS' net income rose by 6% compared to the same period last year, with analysts forecasting a lower value.
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Medium
2d
16
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LinkedIn: How to Leverage Your Signal
- LinkedIn offers insights into organizational culture beyond leadership and partners.
- Maintain alignment between your LinkedIn profile and your organization's investment thesis.
- Having a thoughtful LinkedIn presence is crucial for visibility and credibility in the industry.
- Even if you choose to be less active, strategic online visibility is still necessary.
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Eu-Startups
2d
1k
Paris-based FemTech app Solence raises €1.6 million to address PCOS with AI-driven digital therapeutics
- French startup Solence raises €1.6 million in funding to address PCOS.
- The app aims to offer personalised care for women with PCOS using AI.
- Solence's founder, Clara Stephenson, aims to improve the lives of women with PCOS.
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Bloomberg Quint
2d
567
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Glenmark Unit Signs Exclusive Licensing Pact With AbbVie For Cancer Drug
- Glenmark Pharmaceuticals' unit has signed an exclusive licensing pact with AbbVie to globally manufacture ISB 2001, a cancer drug used in cancer treatment.
- Under the agreement, IGI Therapeutics SA, linked to Glenmark's innovation arm, will collaborate with AbbVie to develop, manufacture, and commercialize ISB 2001 in various regions.
- ISB 2001, a trispecific T-cell engager developed using IGI's BEAT protein platform, targets difficult-to-treat cancers and offers a treatment option for patients.
- The partnership aims to provide complementary access pathways for ISB 2001, leveraging AbbVie's reach in major markets and Glenmark's commercial strength in emerging markets to expand access to innovative cancer treatments.
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TheStartupMag
2d
7
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Commercial Conquests – 5 Reasons Why Investing in Commercial Real Estate May Be Right For You
- Interested in building long-term wealth? Consider investing in commercial real estate for unique opportunities.
- Commercial properties offer diversification, potentially reducing overall risk with consistent cash flow and appreciation.
- Commercial real estate provides more income potential than residential rentals, with longer leases and higher rents.
- Investing in commercial properties can lead to long-term wealth, stability, greater control over value, and performance.
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Bloomberg Quint
2d
226
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Alter Work Hours: Railways Plea To Offices To Ease Mumbai Local Overcrowding
- Central Railway has requested approximately 800 government and private offices in Mumbai to alter their work timings to reduce overcrowding in Mumbai locals during peak hours.
- Around 3.5 million passengers travel on 1,810 local trains daily, leading to incessant crowding during peak hours, which poses a safety hazard to commuters.
- Between January and May 2025, Mumbai local train accidents claimed the lives of 922 people, with 210 fatalities caused due to overcrowding and people falling from crowded trains.
- The initiative aims at improving passenger safety and efficiency in Mumbai's transportation system, with 46 small offices already supporting the proposal and larger institutions expected to join for a more significant impact.
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Siliconangle
2d
412
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Data center infrastructure automation startup Spacelift gets ready for takeoff after raising $51M
- Spacelift Inc. secures $51 million funding for IT infrastructure automation enhancements.
- The startup offers IaC software for automating cloud resource provisioning and management.
- Spacelift's AI-infused platform streamlines infrastructure management, governance, and accelerates developer velocity.
- The company also contributes to open-source project OpenTofu as an alternative to Terraform.
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Eu-Startups
2d
260
London-based Goodrays raises €5.7 million for CBD drink and appoints Liquid Death exec
- Goodrays, a UK CBD brand, secured €5.7 million in Series A funding, with participation from Guinness Ventures and celebrity backers.
- The brand appointed Ben Dando, former MD of Liquid Death, as their new MD to drive growth and innovation.
- Goodrays aims to be a leader in premium functional drinks, focusing on mental well-being and product innovation.
- The investment will support product expansion, marketing efforts, retail partnerships, and revolutionize the functional drinks category.
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Bloomberg Quint
2d
227
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Ireda Q1 Results: Profit Slips 36% Despite Rise In Net Interest Income
- Indian Renewable Energy Development Agency Ltd. reported a 36% decrease in consolidated net profit during the quarter ended June 31, 2025, amounting to Rs 247 crore compared to Rs 384 crore in the previous year.
- The company's net interest income (NII) saw a significant 36% increase to Rs 691 crore from Rs 508 crore year-on-year.
- Ireda's loan book showed growth with a 29% rise, reaching Rs 11,740 crore in sanctioned loans and Rs 6,981 crore in loan disbursements during April-June.
- Despite the rise in net interest income, Ireda's shares have fallen 31.40% over the past 12 months and 21.19% year-to-date, settling at Rs 169.64 apiece on the NSE.
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Global Fintech Series
2d
202
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Halo Investing Expands Suite of Investment Capabilities with Launch of Advanced Wealth Solutions
- Halo Investing launches Advanced Wealth Solutions, a suite of sophisticated investment capabilities for financial advisors to enhance client relationships.
- Advisors now have access to institutional-caliber investment products and strategies like hedging, securities-based lending, and private market opportunities.
- The offering aims to help advisors differentiate themselves with personalized investment strategies aligned with each client's unique goals.
- Halo's Advanced Wealth Solutions empower advisors to manage equity risk, access liquidity, optimize tax outcomes, and offer exclusive investment opportunities.
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Bloomberg Quint
2d
382
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Zee Promoters' Stake Hike Bid Blocked As 40% Shareholders Reject Rs 2,237-Crore Fundraise Proposal
- Zee Entertainment's fundraise proposal for Rs 2,237 crore via warrants issuance was rejected.
- Around 40.5% shareholders rejected the proposal, effectively blocking the stake hike bid by promoters.
- Most warrants were to come from a Mauritian promoter, including ousted board member Punit Goenka.
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SiliconCanals
2d
241
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Amsterdam’s fintech Figo Mobility secures backing from ex-Adyen payments head Edgar Verschuur:
- Figo Mobility, a fintech in Amsterdam, receives investment from Edgar Verschuur, former Global Head of Payments at Adyen.
- Verschuur will join Figo as an investor and strategic advisor to support the company's growth.
- Figo aims to simplify travel and expense management by offering a platform for mobility solutions for businesses.
- The company helps employers manage flexible mobility budgets while providing employees with options to choose their travel methods.
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Bloomberg Quint
2d
146
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US Stock Markets Today: S&P 500, Nasdaq Rise After US Jobless Claims Fall For Fourth Week
- S&P 500 and Nasdaq rose after US jobless claims fell for the fourth consecutive week, with S&P 500 up over 0.05% and Nasdaq Composite rising by 0.02%.
- Dow, however, was down by 0.5% on the same day.
- Prior to this rise, S&P 500 was close to record highs and Nasdaq Composite had reached a fresh record high with Nvidia surpassing a $4 trillion market cap.
- The S&P 500 closed near its record high, with Nasdaq Composite and Dow also ending Wednesday's session with gains.
- This is a developing story.
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