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Bloomberg Quint

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Titan Announces Senior Management Rejig; Ajoy Chawla To Be MD From Jan 2026

  • Titan Company Ltd announced senior management changes with Ajoy Chawla becoming the Managing Director from Jan. 1, 2026.
  • Current CEO of the company's jewellery division, Ajoy Chawla will succeed C K Venkataraman.
  • Arun Narayan will take over as CEO of the jewellery division from Jan. 1, 2026, while Kuruvilla Markose will lead the watches division from August 13, 2025.
  • Suparna Mitra has resigned as CEO of the Watches Division, and Arun Narayan will succeed Ajoy Chawla as CEO of the jewellery division.

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TechCrunch

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RealSense spins out of Intel to scale its stereoscopic imaging technology

  • RealSense, a technology company specializing in stereoscopic imaging, has spun out of Intel after 14 years of development within the semiconductor giant.
  • RealSense's stereoscopic imaging technology uses two images of the same object from different angles to create depth and is enhanced with infrared light, aiding robots, drones, autonomous vehicles, and facial authentication systems in understanding the physical world.
  • CEO Nadav Orbach highlighted the importance of RealSense's 3D perception abilities for machines operating in the physical world, noting the applicability of their technology in various sectors beyond robotics, such as fish farms and food tracking in restaurants.
  • RealSense's independence aims to meet the increasing demand for its technology, with a recent $50 million Series A funding round to boost go-to-market efforts, enhance technology for improved safety, and realize advancements in human-robot interactions and access control.

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Bloomberg Quint

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Suzlon Energy Gets Motilal Oswal's 'Buy' Rating As It Re-Initiates Coverage

  • Suzlon Energy receives a 'buy' rating from Motilal Oswal with a target price of Rs 82, implying a 24% upside from current levels.
  • Suzlon Energy reported a nearly five-fold increase in consolidated net profit for the March quarter.
  • The positive outlook for Suzlon Energy is driven by regulatory tailwinds, a robust order book, and prospective orders like the 1.5GW NTPC orders.
  • Motilal Oswal projects total new orders of approximately 4GW for Suzlon Energy in FY26, leading to a closing order book of approximately 6.5GW.

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Bloomberg Quint

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NHAI To Bid Out 124 Road Projects Worth Rs 3.4 Lakh Crore In Fiscal 2026

  • NHAI plans to bid out 124 highways and expressways projects worth Rs 3.4 lakh crore in 2025-26, totaling 6,376 km in length.
  • Projects will be executed under three modes: Build Operate and Transfer, Hybrid Annuity Model, and Engineering Procurement and Construction.
  • Specific projects like Gorakhpur - Kishanganj - Siliguri and Tharad-Deesa-Mehsana-Ahmedabad will be taken up for bids by NHAI under different models.
  • Concession period for projects varies based on the mode, with maintenance responsibilities assigned to concessionaires.

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Bloomberg Quint

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Bitcoin Crosses Rs 1 Crore Mark As Crypto Record Run Continues Amid Tariff Jitters

  • Bitcoin has crossed the Rs 1 crore-mark amid global uncertainty triggered by US President Donald Trump's tariff policy.
  • Bitcoin was trading 2.06% higher at Rs 1,01,41,528.03 and 1.83% higher at $118,117 in the global market.
  • The rally in Bitcoin led to unwinding of short positions worth over a billion dollars, with investors pouring $1.2 billion into Bitcoin ETFs.
  • Bullish sentiments were fueled by Trump's comments alongside a US Congressional committee declaring the week of July 14 as "Crypto Week."

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Bloomberg Quint

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Did Travis Scott Just Land In GTA 6 Or It’s For Hype Over ‘2000 Excursion’?

  • A frame in Travis Scott's latest music video features a GTA 6 license plate, sparking speculation among fans.
  • Fans believe Travis Scott may be hinting at his appearance in GTA 6, following other rappers' potential involvement in the game.
  • Rockstar Games may be stirring buzz by subtly hinting at partnerships with musicians like Travis Scott for GTA 6.
  • However, the true nature of Travis Scott's connection to GTA 6 remains uncertain until an official announcement is made.

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Insider

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The hottest job in private equity: Keeping investors happy

  • Capital raising has become challenging for private equity due to slumping returns.
  • Demand is high for professionals who can attract investors and keep them satisfied.
  • Recruiters reveal essential skills, experiences, and jobs sought after in private equity fundraising.

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Insider

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Anam builds digital humans that can have lifelike conversations. Read the pitch deck that it used to raise $9 million.

  • Anam, a startup founded in October 2023, has raised $9 million in seed funding led by Redpoint Ventures and SV Angel to build digital humans capable of lifelike conversations.
  • Co-founders Ben Carr and Caoimhe Murphy, who previously worked together at Synthesia, are at the helm of Anam, a company with 2,000 clients across various industries and tracking $5 million in annual revenue.
  • Anam faces competition in the AI-driven avatar space but distinguishes itself by generating every pixel of its avatars for expressive and natural conversations, including features like One-Shot, which can create an AI persona from a photo.
  • The company, focused on bridging human-machine interactions, has 16 employees and monetizes its service by charging per minute of conversation. Investors see potential in Anam's technology, considering it the next frontier in human-machine interfaces.

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SiliconCanals

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Lithuania’s VectorTree secures EU grant to develop a scalable vector database for AI

  • Lithuanian subsidiary of Iceland-based Videntifier Technologies, VectorTree, secures funding from the EU to develop an Advanced Vector Database for AI.
  • The project aims to create a cloud-based service supporting AI systems by storing vector embeddings efficiently using Videntifier's NV-tree algorithm.
  • The Advanced Vector Database will enable fast similarity searches, vector clustering, and scalability to handle tens to hundreds of billions of vectors, offering applications across video platforms, legal tech, and healthcare.
  • VectorTree plans to launch the AVD for sales in 2025, targeting AI researchers and developers seeking a scalable platform for AI data retrieval and analysis.

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Eu-Startups

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Spanish startup ODOS raises €680k for sustainability in the agri-food sector with their data-collection platform

  • ODOS, a Spanish AgriTech startup, has secured €680k in funding to enhance its technological capabilities and expand into new markets.
  • The funding round was led by CAPSA FOOD, supported by Mercadona and Tech Transfer Agrifood Oficial by CLAVE, to drive climate action in the agri-food sector.
  • ODOS aims to help agri-food players reduce greenhouse gas emissions by providing data-driven solutions for farm-level and supply chain decarbonisation strategies.
  • The startup, founded in 2020 by Alejandro Vergara and Cian White, is focused on simplifying data collection and supporting companies in achieving sustainability goals without compromising productivity.

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Bloomberg Quint

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Gautam Adani's Address At SMISS-AP Event: Read Full Text Of His Speech

  • Gautam Adani addresses SMISS-AP event, emphasizes spine's role in human resilience.
  • Adani recounts personal journey from diamond polishing to building Adani Group empire.
  • Highlights Adani Group's diverse investments, healthcare initiatives, and commitment to India's future.
  • Urges medical professionals to pioneer spine healthcare innovations for national well-being.

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Bloomberg Quint

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Tesla To Launch First India Showroom In Mumbai On July 15

  • Tesla will open its first experience centre in Mumbai on July 15, marking its formal entry into the Indian market.
  • The electric vehicle maker has leased a showroom in Mumbai's Bandra Kurla Complex, signaling its commitment to establish a presence in India.
  • Tesla's entry into India comes amidst discussions on import tariffs, with high duties posing challenges for the company's pricing strategy.
  • Despite tariff concerns, Tesla is moving forward with its expansion plans, with future locations being considered in Delhi and Pune.

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Eu-Startups

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Austrian medical device company PIUR IMAGING raises €5.6 million to scale tomographic 3D ultrasound globally

  • Austria's PIUR IMAGING has secured €5.6 million in growth capital funding to expand its AI-powered tomographic 3D ultrasound technology globally.
  • The funding round was led by Aescuvest Capital Partners, focusing on enhancing ultrasound imaging by adding a third dimension for more consistent and reliable analysis.
  • PIUR IMAGING, established in 2014, aims to revolutionize diagnostic workflows with their advanced 3D ultrasound solutions that enable more accurate and reproducible imaging for improved patient outcomes.
  • The company's recent FDA clearance and U.S. subsidiary establishment will drive commercial expansion, targeting the U.S. market with innovative products like PIUR tUS Infinity and PIUR tUS inside.

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Bloomberg Quint

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'Buy' Suzlon Energy Shares To Get An Upside Of 24% Says Motilal Oswal — Here's Why

  • Motilal Oswal recommends buying Suzlon Energy shares with a potential upside of 24% based on a target price of Rs 82 by applying a target P/E of 35x to FY27E earnings per share.
  • Suzlon Energy is expected to benefit from regulatory tailwinds mandating local content, a robust order book providing strong revenue visibility, and execution improvements through proactive land acquisition and EPC expansion initiatives.
  • The new order outlook for Suzlon Energy remains healthy, with NTPC bid awards likely in the next six months, according to Motilal Oswal.

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Bloomberg Quint

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INOX Clean Energy Files Confidential Draft Papers For Rs 6,000-Crore IPO

  • INOX Clean Energy Ltd. has filed a confidential draft red herring prospectus for a Rs 6,000-crore IPO in the Indian renewables sector with the goal of achieving a market capitalization of around Rs 50,000 crore.
  • Proceeds from the IPO will be used for setting up new facilities in solar and independent power producers, with a planned capital expenditure of approximately Rs 6,500 crore.
  • The IPO is larger in scale compared to previous filings, like Juniper Green’s Rs 3,000 crore and Waaree Energies’ Rs 4,300 crore IPOs.
  • The book running lead managers for the IPO are JM Financial, Motilal Oswal, Nuvama, IIFL Securities, and ICICI Securities.

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