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Bloomberg Quint
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VinFast Inducts 200 Employees For Its Upcoming Tamil Nadu Plant
- VinFast Auto India, a subsidiary of VinFast, has inducted 200 employees for its upcoming facility in Tamil Nadu, with plans to begin operations in Tuticorin.
- The recruitment process involved a large-scale drive in April with 344 diploma students from the region participating, aiming to generate 3,500 jobs over the next 5 years.
- VinFast collaborated with local institutions, supported by District Collector K Elambahavath and the State Industries Department, to identify suitable candidates for the workforce.
- VinFast Asia CEO Pham Sanh Chau commended the local authorities for their role in talent development, emphasizing the company's commitment to investing in Tamil Nadu's potential and fostering regional growth.
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Bloomberg Quint
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TCS Q1 Results Today: Dividend News, Earnings Live Streaming, Share Price And More
- Tata Consultancy Services (TCS) is set to release its Q1FY26 financial results after market hours today, followed by an earnings conference call with analysts and investors.
- If declared, an interim dividend will be paid to shareholders by July 16 based on the register or depository records.
- TCS's leadership team will hold a press conference at 5:30 p.m., which will be livestreamed on various platforms, discussing the company's performance and taking investor questions.
- TCS share price was trading slightly higher at Rs 3,387.60 apiece as of 9:35 a.m. today, while the Nifty50 was trading flat.
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Bloomberg Quint
1w
657
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ITR Filing: All You Need To Know About Income Tax Return Forms For Senior Citizens
- Senior citizens need to choose the right Income Tax Return (ITR) form depending on their income sources to avoid filing errors.
- ITR forms designated for senior citizens include ITR-1, ITR-2, ITR-3, and ITR-4 based on income from various sources.
- Super senior citizens (above 80 years) have the option to file ITR-1 or ITR-4 on paper if not claiming a refund, providing assistance to those less familiar with online filing.
- Selecting the correct ITR form is crucial for smooth processing, swift refunds, and minimizing the risk of rejections, emphasizing the importance of seeking advice from tax advisors when needed.
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Bloomberg Quint
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TCS Share Price Falls Ahead Of Q1 Result Announcement
- TCS share price fell by 0.50% ahead of Q1 results announcement.
- Analysts expect modest revenue growth in constant currency terms with support from foreign exchange gains.
- Key financials from the previous quarter showed revenue, EBIT, and net profit slightly below estimates.
- Investors are awaiting updates on discretionary spending, deal wins, sector performance, and employee costs in the upcoming results.
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Bloomberg Quint
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75
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Samsung Galaxy Z Fold 7 Vs Google Pixel 9 Pro Fold: Size, Specs, Display, Camera, Price Compared
- Samsung has recently launched the Galaxy Z Fold 7, comparing it to Google's Pixel 9 Pro Fold in terms of specs, features, display, camera, price, and more.
- The Galaxy Z Fold 7 is thinner and lighter than the Pixel 9 Pro Fold, with a more substantial display and advanced camera features.
- In terms of chipset, the Galaxy Z Fold 7 packs a more advanced processor compared to the Pixel 9 Pro Fold.
- While both devices are similarly priced, the Galaxy Z Fold 7 offers better specs, making it a more compelling option.
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Bloomberg Quint
1w
102
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Q1 Results Today: TCS, IREDA, Tata Elxsi Among 17 Companies To Announce Earnings On July 10
- The earnings season for the first quarter of the financial year 2025-26 will start with TCS releasing its results on July 10.
- 17 companies, including TCS and IREDA, are expected to announce their earnings for Q1FY26 on July 10.
- The Q1 results will provide insights into companies' financial health, growth prospects, debts, challenges, and sectoral trends.
- TCS reported modest revenue growth in the previous quarter, with consolidated net profit declining year-on-year.
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Bloomberg Quint
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139
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Bitcoin Breaks Above $112,000 For First Time As Traders Defy Trump Tariff Angst
- Bitcoin surged past $112,000 for the first time, setting a fresh record alongside a broad rally in risk assets.
- The rally is fueled by institutional demand, validating crypto bulls' beliefs in a new era of permissive regulation.
- The speculative momentum in markets persists despite tariff announcements by President Donald Trump.
- Bitcoin's rise is benefiting from strong ETF inflows, rising institutional adoption, and a favorable macro backdrop.
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Bloomberg Quint
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298
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Coal India's Slipping Market Share, Pricing Pressures Explain JPMorgan's 'Neutral' Stance
- JPMorgan maintains a 'neutral' rating on Coal India Ltd. citing no improvements in underlying fundamentals.
- Despite recent stock underperformance, monthly volume growth is expected to start in August with a 7.5% year-on-year growth projection.
- Coal India's market share has decreased to 75% in 2025 from 83% in 2021; JPMorgan forecasts 5% sales volume growth for the rest of the financial year.
- Pricing pressures, declining power consumption, and the trend towards renewables pose challenges for Coal India's future volume growth according to JPMorgan.
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Bloomberg Quint
1w
222
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Houthis Terrorise Sailors With Fresh Attacks On Ships In Red Sea
- Houthis attack ships in Red Sea, sinking commercial vessels and killing sailors.
- Attacks led to sinking of two ships - Eternity C and Magic Seas with casualties.
- Houthis target ships with ties to Israel, causing disruptions in global seaborne trade.
- Risk of travel in Red Sea highlighted, impacting maritime operations and freight costs.
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Bloomberg Quint
1w
281
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Nifty 50 To Hit 30,000 By April 2026? JPMorgan Gives 'Bull Case Scenario' On Earnings Boost
- JPMorgan expects the Nifty 50 to trade between 26,500 and 30,000 over the next six to nine months with a bull case scenario of hitting 30,000 by April 2026 based on an earnings recovery expectation.
- Investors are focusing on long-term growth despite facing geopolitical uncertainty and market volatility, with the Nifty 50 underperforming in the emerging market space so far in 2025.
- Motilal Oswal Financial Services has reduced Nifty 50 earnings per share for financial years 2026 and 2027 but expects a 14% full-year net profit growth compared to 4% in financial year 2025.
- Emkay Global Research anticipates a material recovery in the second half of 2026 for India Inc.'s earnings, particularly in the consumer discretionary space, maintaining a Nifty 50 target of 26,000 for March 2026.
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Bloomberg Quint
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206
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PFC, REC Get 'Overweight' Rating From Morgan Stanley As 12% CAGR In Loan Portfolio Expected
- Morgan Stanley has initiated coverage on Power Finance Corp. and Rural Electrification Corp. with an 'overweight' rating as it anticipates a 12% estimated loan CAGR between fiscal year 2025 to 2028.
- The brokerage firm highlighted that both PFC and REC are expected to achieve 17-19% average return on investment, with compelling risk-reward profiles.
- PFC and REC are projected to sustain low-to-mid-teens loan growth, supported by the current capex cycle in the energy sector, particularly in renewable energy, transmission, and distribution.
- According to Morgan Stanley, there is a potential upside of 21-23% in the stocks of PFC and REC over the next year, placing them in the top quartile of their coverage.
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Bloomberg Quint
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1.4k
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Stock Recommendations Today: Bharat Dynamics, Axis Bank, Coal India, Prestige Estate On Brokerages' Radar
- Analysts recommend Bharat Dynamics, Axis Bank, Coal India, Prestige Estate among others.
- Brokerages' radar includes BDL, REC Ltd., Power Finance Corp., housing finance counters.
- Specific recommendations range from 'neutral' to 'outperform' and 'buy' with target prices.
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Bloomberg Quint
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308
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Breaking News Live: Shubhanshu Shukla, Axiom-4 Conclude 14-Day Mission; US Imposes 50% Tariff On Brazil
- Axiom-4 mission, involving Shubhanshu Shukla, concluded a 14-day mission at the International Space Station.
- The US has imposed a 50% tariff on Brazil, along with extending tariffs to other countries like Iraq and Libya.
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Bloomberg Quint
1w
6.5k
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Gold, Silver Prices Flat — Check Prices In Mumbai, Chennai, Other Cities
- Gold and silver prices remained flat with gold trading at Rs 96,790 per 10 gm.
- US President Donald Trump imposed new tariffs on seven countries, impacting the safe haven demand for gold.
- In major Indian cities, gold prices varied slightly with Chennai recording the highest price at Rs 96,890 per 10 gm.
- Silver prices saw a marginal rise to Rs 1,08,240 per kg on Thursday.
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Bloomberg Quint
1w
239
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Last Day To Buy 22 Dividend Stocks Before Record Date — Apollo Tyres, UPL, IDFC First Bank And More
- Investors have until July 10 to buy shares of 22 dividend stocks, including Apollo Tyres, UPL, and IDFC First Bank, to qualify for the upcoming payouts before the record date on July 11.
- In India's T+1 settlement cycle, shares bought on the record date itself do not qualify for dividend payments.
- Companies like Apollo Tyres, IDFC First Bank, UPL, and others will have their ex/record date on July 11, with varying dividend amounts per share. Shareholders must own the shares before the record date to receive dividends.
- Dividends are a way for companies to reward their shareholders for holding their stock.
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