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Bloomberg Quint
5d
114
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What’s The Right Credit Card Limit For Your Income? Here's How To Determine
- A credit card limit is the maximum amount you can borrow on your card at any given time.
- Factors such as income, credit score, repayment history, and existing debts determine the credit card limit set by banks.
- Key factors to consider when determining the right credit card limit include assessing monthly income, considering monthly expenses, debt-to-income ratio, credit utilization ratio, and lifestyle expenses.
- A suitable credit card limit is generally recommended to be two to three times your monthly income, based on various financial factors such as debt obligations and spending habits.
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SiliconCanals
5d
381
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German fintech re:cap secures €125M for new credit facility; enters UK market
- Berlin-based fintech re:cap secures a €125M credit facility for lending and expands operations to the UK with funding from HSBC Innovation Banking and Avellinia Capital.
- Avellinia Capital praises re:cap for providing growth capital to tech companies, solving challenges faced in obtaining traditional bank loans or venture debt for startups and tech growth companies.
- re:cap's Capital OS offers real-time capital planning and flexible financing, attracting tech companies seeking non-dilutive funding options in the UK market to support operations and manage equity.
- Founded in 2021, re:cap's Capital OS combines debt capital, real-time liquidity management, and capital planning, aiding high-growth companies in scaling efficiently with over €100M deployed in Germany and the Netherlands, backed by institutional investors.
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22 Likes
Bloomberg Quint
5d
135
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INOX Clean Energy Files Confidential Draft Papers, Targets Rs 6,000-Crore IPO
- INOX Clean Energy has confidentially filed draft papers with markets regulator SEBI to raise Rs 6,000 crore through an IPO, potentially the largest in the clean energy sector in India.
- The company, with a proposed equity dilution of over 10%, aims for a market capitalization of around Rs 50,000 crore by targeting a major portion of the public offer for setting up new solar and IPP facilities.
- INOX Clean Energy, a part of the INOXGFL Group, has a total operational capacity of 157 MW, including 107 MW of wind and 50 MW of solar power.
- The company plans to incur a capital expenditure of Rs 6,500 crore to complete its under-construction renewable energy and manufacturing capacities, to be funded through project-level debt, cash accruals, and equity contributions.
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8 Likes
Bloomberg Quint
5d
686
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Mid-Cap Stocks To Buy, Sell, Hold: Ashok Leyland, Biocon, Prestige — Check Target Price
- Ashok Leyland, Biocon, and Prestige Estates Projects Ltd. are midcap stocks recommended for buying on Friday.
- Sameer Dalal suggests holding Ashok Leyland for long-term investment due to growth opportunities in the commercial vehicle space in India.
- Dalal also recommends staying invested in Biocon for its potential growth in the US biologic drugs market.
- Rajesh Bhosale's top pick is Prestige Estates Projects, with positive growth indicators on the daily charts and a target price of Rs 1,755.
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3 Likes
Bloomberg Quint
5d
189
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Buy, Sell, Or Hold? IREDA, Dr. Lal Path Labs, SBI On Shrikant Chouhan's Radar — Check Target Price
- Stock market expert Shrikant Chouhan recommends buying Indian Renewable Energy Development Agency Ltd. (IREDA) with a target price of Rs 181 and a stop loss at Rs 164.
- Chouhan also suggests investing in Dr. Lal Path Labs Ltd., with a target price of Rs 3,050 and a stop loss at Rs 2,880. Dr. Lal Path Labs is a leading diagnostic and healthcare service provider in India.
- State Bank Of India is another stock recommended by Chouhan, with a target price of Rs 825 and a stop loss at Rs 807. SBI is the largest bank in India offering various banking and financial services.
- The views and opinions expressed by investment advisers are their own, and users are advised to consult with their financial advisers before making any investment decisions.
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10 Likes
Bloomberg Quint
5d
148
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TCS Q1 Results Review — 'Buy' The Stock Maintains Systematix On Robust Pipeline, Compelling Valuations
- TCS reported revenue decline in Q1 due to the ramp-down in the BSNL deal.
- Systematix Institutional Equities reaffirms 'Buy' rating on TCS stock citing robust pipeline and compelling valuations.
- TCS has consistently gained market share across tech shifts supported by its diversified service mix, client trust, and domain expertise.
- At a 23.6x 1-year forward multiple, TCS trades at a 4% discount to its average 10-year historical valuation.
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Bloomberg Quint
5d
239
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Air India Crash Report To Offer Insight Into Fateful Seconds
- Authorities to release preliminary report on Air India crash offering initial clues.
- Investigators are exploring factors behind the tragic crash of Flight AI 171.
- Key focus on fuel control switches and potential scenarios leading to dual engine failure.
- Initial findings hint at deliberate turning off of fuel switches, sparking further probe.
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11 Likes
Bloomberg Quint
5d
1.1k
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TCS Q1 Results Review: DRChoksey Retains 'Buy' Rating With A 20% Potential Upside — Here's Why
- Tata Consultancy Services (TCS) Q1 FY26 revenue came in below estimates due to factors such as the ramp-down of the BSNL deal and weakness across North America, UK, and Europe.
- Higher cost pressure, project deferrals, and delays in decision-making affected revenue conversion in Q1 FY26 for TCS.
- Despite challenges, stable pricing and pent-up demand are expected to drive better international growth for TCS in FY26 compared to FY25.
- DRChoksey retains a 'Buy' rating for TCS with a 20% potential upside, valuing TCS at 25.0x Jun’27 EPS and implying a target price of Rs 4,067.
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16 Likes
Bloomberg Quint
5d
196
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Not On Track With Your 2025 Financial Goals? Key Tips To Get It Right
- A mid-year financial review can help in evaluating financial progress and realigning goals for 2025.
- Tips include revisiting and reassessing goals, evaluating spending patterns, prioritizing an emergency fund, assessing investments, reviewing insurance and debt burden, and adjusting financial strategy without guilt.
- Adjusting monthly budgets and recalibrating savings can lead to significant financial gains by the end of 2025.
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11 Likes
Bloomberg Quint
5d
49
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Gautam Adani Salutes Doctors At SMISS-AP Event, Emphasises Hope And Humanity
- Gautam Adani, Chairman of the Adani Group, praised doctors at the 5th Annual Conference of the Society for Minimally Invasive Spine Surgery, emphasizing their crucial role in society and comparing their work to the message of humanity in the movie Munna Bhai MBBS.
- Adani highlighted the importance of spine surgery and its role in restoring resilience to the human body, drawing a parallel to the resilience needed in organizations.
- The Society for Minimally Invasive Spine Surgery focuses on advancing minimally invasive techniques in spine surgery to improve patient outcomes through education, research, and innovation.
- Minimally invasive spine surgery involves smaller incisions to reduce tissue damage, pain, and recovery time while maintaining effective surgical outcomes.
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2 Likes
Bloomberg Quint
5d
842
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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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12 Likes
Eu-Startups
5d
255
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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14 Likes
Bloomberg Quint
5d
332
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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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19 Likes
Bloomberg Quint
5d
348
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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
5d
332
Image Credit: Bloomberg Quint
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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