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Bloomberg Quint

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Kanwar Yatra 2025: Noida Police Issues Traffic Advisory; Diversions, Road Closures From July 11-25

  • Noida Police issues traffic advisory for Kanwar Yatra 2025 from July 11 to 25, introducing diversions and road closures to manage the anticipated influx of Kanwariyas and ensure smooth vehicular movement.
  • Road diversions and closures primarily affect vehicles in Noida and Greater Noida, with exemptions for essential services like ambulances and public transport.
  • Trucks rerouted through Eastern Peripheral Expressway, vehicles redirected from DND Flyway, and MP-01 elevated road usage shifted during this period.
  • Commuters advised to stay updated through official channels, plan alternate routes, and use provided helpline numbers for real-time traffic assistance during the pilgrimage.

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Mid-Cap Stocks To Buy, Sell, Hold: Force Motors, Grindwell Nortan, Time Technoplast — Check Target Price

  • Leading market experts recommended three midcap stocks for Thursday: Force Motors Ltd., Grindwell Nortan Ltd., and Time Technoplast Ltd.
  • Shahina Mukadam sees Grindwell Nortan as a long-term investment pick with a strong balance sheet, advising to hold the stock.
  • Kush Bohra's top pick is Force Motors, suggesting to hold the stock, book some profit, and set a stoploss at the Rs 14,600-mark.
  • Bohra also recommends Time Technoplast, advising to stay invested in the stock and look for target prices of Rs 485 and Rs 525.

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Bloomberg Quint

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ICICI Prudential Life Shares Pare Losses After Q1 New Business Premium Rise

  • ICICI Prudential Life Insurance reported a mixed business update for the April–June quarter with the annual premium equivalent falling by 5%.
  • Despite the decrease in APE, new business premiums grew by 6.5% year-on-year during the first quarter of financial year 2026.
  • ICICI Prudential Life Insurance's share price initially declined by 2.57% but recovered slightly after the update, trading 1.2% lower at Rs 671.4 apiece.
  • Analysts have varying recommendations on the company, with 13 maintaining a 'buy' rating, 10 recommending a 'hold', and two suggesting 'sell'.

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Bloomberg Quint

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Viceroy Research To Approach SEBI On Vedanta Report | Profit Exclusive

  • Viceroy Research plans to approach SEBI regarding its report on Vedanta Group to seek accountability according to a statement made to NDTV Profit.
  • The report by Viceroy Research accused Vedanta Group of deceptive financial practices, including raising debt through misleading means and damaging minority shareholders.
  • Viceroy Research has shorted the debt stack of Vedanta Group companies and plans to submit its findings to SEBI for investigation.
  • Vedanta Group has denied the allegations, calling the report a malicious combination of baseless claims. Vedanta Ltd shares fell 7% post the report but later recovered slightly.

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ICICI Prudential Q1 Business Update: Annualised Premium Equivalent Falls 5%

  • ICICI Prudential Life reported a lackluster Q1 business update with a decline in Annualised Premium Equivalent (APE) growth by 5.2% in June compared to the previous year.
  • Q1 APE growth for ICICI Prudential Life dropped by 5% year-on-year to Rs 1,864 crore. Retail APE growth also fell by 9.2% to Rs 1,512 crore.
  • Despite the decline in APE growth, the company saw a 4.1% increase in new business premiums in June, amounting to Rs 1,573 crore. The first-quarter new business premiums grew by 6.5% year-on-year to Rs 4,012 crore.
  • ICICI Prudential Life Insurance, a joint venture between ICICI Bank Ltd. and Prudential Corporation Holdings Ltd., provides life insurance and asset management services. After the update, its share price initially declined but later pared losses to trade 1.2% lower.

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Bloomberg Quint

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Religare Shares Extend Gains Ahead Of Board's Fundraise Decision

  • Shares of Religare Enterprises Ltd. surged over 6% during trade after the company's announcement that the Board will consider approving a fundraise on July 11.
  • The stock had notable gains the previous day, closing nearly 7% higher, with the trading window closed until after the quarterly financial results are declared.
  • Religare Enterprises stock rose by 6.14% to Rs 249.6 apiece on the NSE, trading higher at Rs 246.5 apiece. The company witnessed a decline in the last six months but has shown a rise over the last three months.
  • The total traded volume was significantly higher than the average, with the relative strength index at 68.9.

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Fintechnews

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wefox Raises €151 Million Following Business Restructuring

  • Insurtech platform wefox has raised €151 million through a capital raise and refinancing of a credit facility.
  • The funding follows the completion of the company's restructuring program, which involved selling some of its entities.
  • wefox aims to achieve profitability by 2025 and will use the funding to expand its operations in various countries and enhance its digital platforms.
  • The board of directors of wefox Holding AG has been restructured, with new members from Searchlight Capital Partners joining.

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Bloomberg Quint

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Vivo X200 FE Price In India, Specs, Features — What To Expect On July 14 Launch

  • Vivo is set to launch the X200 FE in India on July 14, anticipated to be a rebranded version of the S30 Pro Mini with a refreshed design.
  • The Vivo X200 FE is expected to start at Rs 54,999 for the 12GB RAM + 256GB storage variant and Rs 59,999 for the 12GB + 512GB model.
  • The X200 FE will feature a 6.31-inch Amoled display, MediaTek Dimensity 9300+ chipset, triple-camera setup with Zeiss lenses, a massive 6,500mAh battery, and IP68/IP69 ratings.
  • It will also come with a 120Hz adaptive refresh rate, 90W fast charging support, street photography mode, and be available in three colors: Amber Yellow, Frost Blue, and Luxe Grey.

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Bloomberg Quint

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Nothing Phone 3 Vs iPhone 16 Vs Samsung Galaxy S25: Features And Specifications Compared

  • Nothing Phone 3 has been unveiled as a premium competitor to iPhone 16 and Samsung Galaxy S25 in India.
  • The Nothing Phone 3 is powered by Snapdragon 8s Gen 4 chipset, Samsung Galaxy S25 by Snapdragon 8 Elite SoC, and iPhone 16 by A18 chipset.
  • In terms of display, Nothing Phone 3 boasts a 6.67-inch 1.5K AMOLED display, Samsung Galaxy S25 has a 6.15-inch Dynamic AMOLED FHD+ display, and iPhone 16 features a 6.1-inch XDR OLED display.
  • The Nothing Phone 3, Samsung Galaxy S25, and iPhone 16 offer different camera setups, battery capacities, and pricing options.

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Bloomberg Quint

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Amazon Starts 10-Minute Delivery In Delhi In Quick-Commerce Push

  • Amazon has started offering deliveries in as little as 10 minutes in New Delhi to compete in the quick-commerce segment against local rivals like Blinkit, Instamart, and Zepto.
  • The company is expanding its 'Now' service in India's capital after a positive response, aiming to keep up with the trend of near-instant deliveries popular among Indian consumers.
  • Amazon faces competition from local rivals who offer fast deliveries of various items, prompting the US company to enter the quick commerce market, driven by increased consumerism in India.
  • Amazon has committed significant investments in India and is expanding its delivery network and infrastructure in the country to enhance its e-commerce operations, while also focusing on quick deliveries in major cities like Bangalore and Delhi.

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Bloomberg Quint

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Flipkart GOAT Sale 2025: iPhone 16 Up For Grabs At Less Than Rs 60,000

  • Flipkart's upcoming GOAT Sale is set to offer the iPhone 16 at a reduced price of less than Rs 60,000, down from its original retail price of Rs 79,900.
  • The limited-time shopping event will kick off on July 12, with early access available on July 11 for select users. Buyers using certain bank cards can avail an additional 10% discount.
  • The iPhone 16 features advanced specifications including a 6.1-inch OLED display, IP68 rating, and an enhanced camera system with smart recognition capabilities. It is powered by Apple's latest A18 Bionic chip.
  • Apart from the iPhone 16, Flipkart's GOAT Sale will offer significant discounts across various categories like smartphones, electronics, smart wearables, and home appliances, attracting online shoppers seeking tech upgrades.

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Getfullyfunded

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How to Renew Lapsed Donors

  • Donors lapse for various reasons such as moving away, passing away, or feeling unappreciated.
  • Segment lapsed donors, make it easy to give again, remind them why they care.
  • Offer ways to engage, customize plans, and use personalized renewal templates for re-engagement.

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Bloomberg Quint

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Puravankara Partners Landowner To Build Rs 1,000-Crore Housing Project In Bengaluru

  • Puravankara Group has partnered with a landowner to develop a Rs 1,000-crore housing project in Balagere, East Bengaluru.
  • The joint development agreement (JDA) is for a 5.5-acre land parcel with an estimated gross development value (GDV) over Rs 1,000 crore.
  • The project is expected to offer a total combined saleable area of 0.83 million square feet and is set to be launched in the next 6-9 months.
  • Puravankara has been focusing on strategic growth, with previous acquisitions and joint ventures in different parts of Bengaluru, totaling over 90 completed projects in various cities.

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SEBI Curbs And Liquidity Fear: Options Premium Turnover Yet To Reflect Impact

  • SEBI's recent changes in options trading regulations have not significantly impacted the premium turnover, as per data from stock exchanges.
  • There were fears of reduced liquidity following the Sebi order on Jane Street, but trades on stock exchanges have not reflected these concerns.
  • Regulations on delta trading and position limitations based on delta trades have reduced risks while maintaining market turnover levels similar to those before the July 4 order against Jane Street.
  • Premium turnover at both BSE and Nifty has remained stable, with BSE consolidating market share at 23-25% for the last three months; upcoming expiry date changes are expected to impact premium turnover.

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Elon Musk Unveils Grok 4 AI Chatbot After Antisemitism Controversy

  • Elon Musk's AI startup xAI has unveiled Grok 4, a new chatbot, just months after releasing the previous version.
  • Grok 4 is described as 'smarter than almost all graduate students' and features improved voice conversations, surpassing benchmarks set by other AI systems.
  • The release of Grok 4 comes after xAI faced backlash for inappropriate Grok posts with antisemitic content, prompting the company to take action against hate speech.
  • Despite the controversy surrounding Grok 3, Musk emphasized the need for the AI to be 'good' during the unveiling of Grok 4, as xAI competes with tech giants in developing advanced chatbots.

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