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Bloomberg Quint
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Debt Securitisation Volume Rises Marginally To Rs 49,000 Crore In April-June
- Debt securitisation volumes have increased to Rs 49,000 crore in April-June 2025 from Rs 45,000 crore in the corresponding period last year.
- Non-banking financial companies (NBFCs) led by large players saw a 24% growth in issuances, contributing to 92% of the market in Q1FY26.
- Top NBFCs are actively using securitisation as a strategy for resource profile diversification, while smaller NBFCs have moderated their originations due to caution.
- Asset-wise, vehicle loans remained steady at 41%, mortgage-backed loans decreased to around 21%, and gold-loan securitisation surged to 11% in Q1.
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Bloomberg Quint
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Drone Industry Expected To Boost Country's Manufacturing Potential To $23 Billion By 2030
- The drone industry in India is expected to boost the country's manufacturing potential to $23 billion by 2030, driven by demand from sectors like defence, agriculture, logistics, and infrastructure.
- A report by Nexgen revealed that agriculture and precision farming are anticipated to drive the largest demand for drones in India by 2030, following the defence sector.
- The global agricultural drones market size is estimated to reach $5.89 billion by 2030, showcasing the significant growth potential in this sector.
- Delhi is hosting the Drone International Expo 2025 to showcase the latest innovations from over six countries, aiming to further support the momentum in the drone industry.
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Bloomberg Quint
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Over 500 Farmers Commit Suicide In Marathwada In Jan-June, States Report
- Over 500 farmers committed suicide in Maharashtra's Marathwada region between January and June 2025, marking a 20% increase from the same period in 2024.
- Beed district recorded the highest number of farmer suicides in the region, with 126 cases reported in the first half of 2025.
- The report highlighted a rise in ex-gratia payments to affected families, with 264 out of 313 eligible cases receiving compensation.
- District-wise distribution of farmer suicide cases in Marathwada from January to June 2025 included Beed (126), Chhatrapati Sambhajinagar (92), Nanded (74), Parbhani (64), Dharashiv (63), Latur (38), Jalna (32), and Hingoli (31).
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Bloomberg Quint
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JSW Infrastructure Bags Rs 740 Crore Project From Kolkata Port
- JSW Infrastructure has been awarded a Rs 740 crore port project by the Syama Prasad Mookerjee Port Authority.
- The project involves reconstructing berth 8 and mechanizing berths 7 at Netaji Subhas Dock under a 30-year concession period.
- JSW Infrastructure aims to enhance its terminal portfolio through this project and expects to significantly improve capacity and operational efficiency.
- The company's strategy includes diversifying its cargo portfolio and strengthening container operations on both the eastern and western coasts.
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Bloomberg Quint
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Buy, Sell Or Hold: Trent, Mankind Pharma, Bharat Dynamics, KPIT Tech, Heritage Foods — Ask Profit
- Stock recommendations provided by market analysts for Trent, Mankind Pharma, Bharat Dynamics, KPIT Technologies, Heritage Foods, and Canara Bank on the NDTV Profit's Ask Profit show.
- Trent: Buy on dips for the long term, reduce positions if falls below Rs 5,400 in the short term.
- Mankind Pharma: Hold with a breakout expected, may test levels close to 2,600 in the near term.
- Bharat Dynamics: Recommended to hold for potential profit multiplication over a couple of years.
- KPIT Technologies: Advised to sell as the stock is trading weak with an unattractive chart structure, consider offloading positions around Rs 1,350 odd levels.
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Bloomberg Quint
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NDTV Profit Pulse On July 7: Trade Deals To Quarterly Updates — Top 8 Stories Of The Day
- Trump to unveil trade deals and issue tariff warnings, focusing on international negotiations.
- Titan Co. reports 20% growth in Q1 with the addition of 10 new stores.
- Jaguar Land Rover sees 15% dip in retail sales due to model transitions.
- JioBlackRock Mutual Fund raises Rs 17,800 crore through initial NFO offerings.
- Banks experience surge in loans but slower growth in deposits for Q1.
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Eu-Startups
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Dutch MedTech developer raises €6 million plus US market financing for wound treatment device
- Nijmegen-based MedTech company, Plasmacure, raised €6 million in Series A funding to scale globally and advance their PLASOMA cold plasma system for complex wound treatment.
- The investment, led by U.S.-based Venture Medical, LLC, aims to support Plasmacure in bringing the PLASOMA device to more patients worldwide and to set a new global standard in wound care.
- PLASOMA utilizes cold plasma to accelerate wound healing, demonstrating up to 2.5 times greater effectiveness than standard care by eliminating antibiotic-resistant bacteria and stimulating blood flow and cell regeneration.
- The funding will also support Plasmacure's U.S. market entry to address the growing need for advanced wound care solutions as the prevalence of complex wounds rises, impacting quality of life and contributing to significant healthcare costs.
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Bloomberg Quint
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Kotak Mahindra Bank Q1 Update: Net Advances Rise 4%, Deposits Up Nearly 3%
- Kotak Mahindra Bank's net advances rose 4.2% sequentially to Rs 4.45 lakh crore in April-June, with a 14% increase year-on-year. Total deposits also rose by 2.8% sequentially and 14.6% on-year to Rs 5.13 lakh crore.
- However, the CASA fell 2.2% sequentially to Rs 2.10 lakh crore, despite a 7.9% increase year-on-year.
- The bank reported a fall in fourth-quarter net profit due to provisions made for distressed microfinance institution loan book, although net interest income rose over 5% year-on-year.
- The bank's asset quality remained stable, with gross non-performing assets ratio falling to 1.42% and provision coverage ratio at 78% as of March 31.
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Lodha Developers Q1 Update: Uptick Of 10% In Pre-Sales To Rs 4,450 Crore
- Lodha Developers, now known as Macrotech Developers Ltd., reported a 10% increase in pre-sales to Rs 4,450 crore for Q1 of fiscal 2026.
- The company achieved collections of Rs 2,880 crore, marking a 7% year-on-year increase compared to the same period last year.
- Despite geopolitical tensions impacting the first half of the quarter, Lodha Developers aims to reach a pre-sales guidance of Rs 21,000 crore for fiscal 2026.
- The company added five new projects in Mumbai, Pune, and Bengaluru with a gross development value of Rs 22,700 crore, showcasing a strong pipeline.
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Bloomberg Quint
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FPIs Turn Buyers Ahead Of US Trade Deal Announcements
- Foreign portfolio investors (FPIs) turned buyers of Indian equities after a five-day selling streak, while domestic institutional investors (DIIs) also became net buyers.
- The net buying by FPIs and DIIs comes ahead of US President Trump's announcement of trade deals with various countries, starting from 9:30 pm (IST) onwards.
- India's benchmark indices ended flat on Monday in anticipation of Trump's tariff announcements, with the NSE Nifty 50 closing at 25,461.30 and the BSE Sensex at 83,422.50.
- In July so far, FPIs have sold shares worth Rs 729 crore, continuing from the selling trend of Rs 14,590 crore in the previous month. In 2025, FPIs have net sold equities worth Rs 78,630 crore.
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Mit
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New postdoctoral fellowship program to accelerate innovation in health care
- MIT HEALS launches Biswas Postdoctoral Fellowship Program to support innovative health research.
- Fellowship aims to apply cutting-edge research in health care, with initial funding of $12 million.
- Program supports postdocs working on AI, low-cost diagnostics, and interdisciplinary projects at MIT.
- Fellows will collaborate with faculty on impactful health solutions, encouraged to think big.
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Bloomberg Quint
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Jaguar Land Rover Q1 Update: Tata Motors Subsidiary's Retail Sales Fall 15%
- Jaguar Land Rover, a subsidiary of Tata Motors, experienced a 15% decline in retail sales to 94,420 units in the first quarter of the financial year.
- The drop is attributed to the planned phase-out of legacy Jaguar models and a halt in US shipments following the introduction of US import tariffs in April 2025.
- Wholesale sales for the quarter ending June 2025 stood at 87,286 units, marking an 11% decrease from the previous fiscal year's first quarter and a 22% decrease from the preceding quarter.
- Despite varied performance across regions, with gains in MENA and China but declines in North America, Europe, and the UK, JLR emphasized the sales mix of Range Rover, Range Rover Sport, and Defender models accounting for 77% of total wholesale volumes.
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Eu-Startups
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London-based Pimloc raises €4.2 million for AI video privacy in digital age
- Pimloc, an AI video privacy and analytics company, raises €4.2 million to expand globally amid increasing demand for privacy-focused video and data intelligence.
- The investment was led by Amadeus Capital Partners, Edge Ventures, Zetta Venture Partners, MD One, and Symvan Capital, aiming to support Pimloc's growth into new sectors and regions.
- Pimloc's Secure Redact platform, utilizing AI for redaction and data privacy in video, audio, and text, is gaining traction across industries, emphasizing the importance of trust, control, and accountability in AI.
- With a focus on privacy-first technology, Pimloc is addressing the global demand for video intelligence, compliance, and security, witnessing significant growth and adoption of its Secure Redact platform.
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Bloomberg Quint
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Mumbai Rains: Middle Vaitarna Reservoir Swells To 90% Capacity, Dam Gates Partially Opened
- The Middle Vaitarna Reservoir in Mumbai reached 90% of its total storage capacity on Monday, following heavy rainfall in the region.
- Three gates of the dam were opened to manage the water flow as the water level in the reservoir rose significantly.
- The seven lakes supplying water to Mumbai, including Middle Vaitarna, have seen a rise in water levels due to continuous monsoon rains.
- The BMC reported that the combined capacity of the seven lakes stood at nearly 68%, with expectations of further rise in water levels in the coming days, as per the India Meteorological Department (IMD) forecasts.
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Bloomberg Quint
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US Stock Markets Today: S&P 500, Dow Jones Edge Lower Ahead Of Trump's Trade Deal Announcements
- S&P 500 and Dow Jones opened lower ahead of US President Donald Trump's trade deal announcements.
- Tesla Inc. experienced its worst intraday drop since June 5, falling over 7%.
- US markets had an early close on Thursday after extending record highs following a stronger-than-expected jobs report.
- Only two out of 11 sectoral indices were in the green during early trading, with consumer discretionary and materials sectors leading the decline.
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