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Bloomberg Quint
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Trade Setup For July 8: Nifty To Extend Consolidation With Support At 25,300–25,250
- The Nifty 50 is expected to consolidate further with a positive bias, finding support at 25,300–25,250 and resistance at 25,500–25,600.
- Analysts suggest traders are cautious due to uncertainty from US trade policy negotiations and key corporate earnings, with the index forming a doji candle signaling market indecision.
- Bank Nifty is also expected to extend consolidation with key support at 56,000–55,500, with Bajaj Broking Market Research anticipating a range of 56,000-57,500 in upcoming sessions.
- Immediate support for Nifty lies at 25,222 and 25,120, with resistance at 25,500-25,750 as noted by technical analysts at Choice Broking.
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SiliconCanals
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These companies raised Belgium’s 10 largest funding rounds in H1 2025; 5 of them are hiring now
- Belgium's startup ecosystem is thriving in 2025 with deep tech innovations and AI-driven startups.
- The country climbed to 23rd place globally in the startup ecosystem index.
- Top funding rounds include Augustine Therapeutics, Nobi, and Swave Photonics among others.
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Bloomberg Quint
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380
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India US Trade Deal Live: Is Official Announcement On Cards Ahead Of Tariffs Deadline?
- India and the US are in prolonged talks for a trade agreement with a looming deadline.
- The interim trade deal between India and the US may miss its July 9 deadline.
- India prioritizes national interest over signing a trade deal under deadline pressure.
- US President Donald Trump is set to implement tariff letters to various countries, with the date pushed to August 1.
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Bloomberg Quint
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170
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Mahindra & Mahindra's June Sales Rise 14%, Exports Up Only Marginally
- Mahindra & Mahindra Ltd.'s automobile sales surged by 14% in June 2025, with a total of 76,335 units sold compared to 66,800 units in the same period last year.
- Commercial vehicle sales remained almost flat with 20,575 units sold, compared to 20,598 units last year.
- Total exports in June 2025 saw a marginal increase of 1% at 2,634 units, up from 2,597 units exported in the same month last year.
- The company's production of vehicles increased by 20% to 83,435 units in June, including 23,255 units of commercial vehicles, compared to 69,441 units in the year-ago period.
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Eu-Startups
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German robotics company Filics secures €13.5 million to expand and roll out its robotics platform
- German robotics company Filics has raised €13.5 million in a recent financing round to expand its robotics platform and internationalize its business model.
- Investors in the funding round include Sandwater, Alven, F-LOG Ventures, the Amazon Industrial Innovation Fund, and others, signaling strong support for Filics' growth strategy.
- Filics specializes in flat transport robots that can autonomously handle weights of up to 1.2 tons in intralogistics, with initial testing conducted by companies like Bosch, DHL, and the Nagel Group.
- The company's flagship product, the Filics Unit, aims to revolutionize warehouse operations with its omnidirectional robots that drive under pallets, enabling significant space savings and increased efficiency in logistics operations.
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Siliconangle
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292
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Synfini gets $8.9M to accelerate drug discovery with AI
- Synfini Inc. secures $8.9M funding to accelerate AI-powered drug discovery.
- The startup combines neuro-symbolic AI with physical and virtual chemistry for innovation.
- Synfini's AI Cloud Foundry platform speeds up small molecule discovery and reduces costs.
- The company, spun out from SRI International, plans to expand operations and partnerships.
- Investors see potential in Synfini's advanced medicinal chemistry AI platform for drug discovery.
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Bloomberg Quint
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410
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Titan Q1 Update: Consumer Business Rises 20%, Adds 10 New Stores
- Titan Co. reported a 20% growth in its consumer business in the first quarter ending in June, with its domestic jewellery division contributing significantly to revenue.
- The company added 10 new stores during the quarter, bringing its total retail network presence to 3,322 stores.
- The watches and wearables division saw a 23% growth in domestic business, with Sonata leading the growth followed by Titan and Fastrack.
- Despite some impact from gold price volatility affecting consumer sentiment, the company's various divisions such as fragrances, women's bags, and international business saw notable growth.
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Bloomberg Quint
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426
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Future "Very Strong And Bright" As India's Consumption Boosts Travel, Says Tata Sons Chairman
- Tata Sons Chairman, N Chandrasekaran, is optimistic about the future of the travel sector in India due to increasing consumption.
- During the Indian Hotels Company Ltd. Annual General Meeting, he outlined plans to expand to 700 hotels by 2030 and double revenues.
- Chandrasekaran paid tributes to recent Air India crash victims and expressed sorrow over the passing of Ratan Tata.
- Financially, IHCL reported solid performance with profits and revenue growth, indicating a strong market position.
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Bloomberg Quint
1w
256
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Delhi University Teachers' Body Petitions President Murmu Over Gaps In Four-Year UG Programme
- Delhi University Teachers' Association (DUTA) petitions President of India over concerns with the implementation of the Four-Year Undergraduate Programme (FYUP) under NEP 2020, citing academic, infrastructural, and policy gaps.
- Nearly 2,000 faculty members have endorsed the petition, expressing worries about inadequate manpower and funding for infrastructure expansion to accommodate increased student intake.
- DUTA emphasizes the need to withdraw Draft UGC Regulations 2025 in the absence of the Pay Review Committee report, demanding redressal of service-related concerns and special assistance to urgently upgrade college facilities.
- The association highlights issues like overcrowded classrooms, delays in the academic calendar, and opposition to platforms like SWAYAM and MOOCs for earning academic credits, warning that ill-planned implementation could compromise the goals of NEP 2020.
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Bloomberg Quint
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223
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Coursera Names Ashutosh Gupta As Managing Director For India And Asia Pacific
- Coursera has appointed Ashutosh Gupta as Managing Director for India and Asia Pacific.
- Gupta will oversee Coursera's enterprise business operations in the region, collaborating with various entities to equip individuals with digital economy skills.
- With over twenty years of experience, Gupta previously worked at Avataar Ventures and held key positions at LinkedIn, Google, Cognizant, and Infosys.
- Ashutosh Gupta's appointment aims to enhance Coursera's presence and support institutions in preparing for an AI-driven future in the region.
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Bloomberg Quint
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1.1k
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Aditya Birla Sun Life AMC Mobilises Rs 700 Crore Through AIF
- Aditya Birla Sun Life AMC raised Rs 700 crore through the first closure of its Structured Opportunities Fund – Series II.
- The fund aims to raise a total of Rs 2,500 crore with a focus on performing credit opportunities across various sectors.
- The fund targets mid-to-large corporates in manufacturing, infrastructure, and industrials for structured credit transactions.
- Part of the committed capital has already been deployed in sectors like chemicals, auto, and financials.
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Bloomberg Quint
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1.5k
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'Will Lead To More...': Github CEO On Whether AI Will Replace Software Developer Jobs
- Github CEO Thomas Dohmke believes that AI will lead to more hirings for software engineers rather than fewer, as it can multiply the capabilities of developers on a larger scale.
- Dohmke emphasized the importance of a nuanced understanding of programming and software to effectively leverage AI for business augmentation.
- He mentioned that recent employee firings and recruitment freezes are temporary reactions and AI has actually created more work for companies, necessitating the need for more developers.
- Additionally, Dohmke highlighted that AI will democratize access to coding skills, making it easier for beginners to learn coding and for experienced developers to code.
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Bloomberg Quint
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401
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SEBI Mulls Dropping Word 'Penalty' In Actions Against Brokers To Avoid Stigma: Varshney
- SEBI's whole-time member K C Varshney mentioned that the word 'penalty' carries a stigma and is considering dropping its use in actions against brokers to avoid unnecessary implications.
- Varshney highlighted efforts to rationalize penalties and cited industry discussions aiming to streamline regulatory processes and ease of doing business in the broking sector.
- Proposed changes include revisiting penalties, designating a single exchange as the nodal authority for penalties, creating a unified data-sharing portal for brokers, and simplifying the clearance process.
- SEBI is collaborating with the Finance Ministry to enhance ease of doing business in broking, with a focus on regulatory efficiency and investor governance, as affirmed by SEBI Chairman Tuhin Kanta Pandey.
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Bloomberg Quint
1w
275
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PC Jeweller To Raise Funds Via Preferential Allotment
- PC Jeweller's board is considering fundraising via preferential allotment in an upcoming meeting on July 10.
- The company recorded 80% year-on-year growth in standalone revenue driven by robust wedding and seasonal purchases despite gold price fluctuations.
- PC Jeweller aims to become debt-free by the end of fiscal 2026 after reducing outstanding debt, with operational improvements reflecting positively in financial results.
- Shares of PC Jeweller closed 10.78% higher at Rs 18.49 apiece on the National Stock Exchange and have seen significant price increases over the last 12 months.
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Bloomberg Quint
1w
25
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Early Festive Push: Retailers Amp Up Deals, Discounts To Spur Spending
- Retailers are gearing up for the festive season by offering higher discounts and promotions to encourage spending after a year of sluggish sales.
- Brands are planning to provide 30-50% higher discounts than last year and extend sales events on both offline and online channels.
- Online platforms like Myntra and Ajio have already started their end of season sales with 70-90% discounts to clear high inventories accumulated during a slow year.
- Retailers anticipate a strong start in the September quarter to pave the way for a successful Diwali shopping season in October.
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