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Bloomberg Quint
1d
95
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Tesla To Launch First India Showroom In Mumbai On July 15
- Tesla will open its first experience centre in Mumbai on July 15, marking its formal entry into the Indian market.
- The electric vehicle maker has leased a showroom in Mumbai's Bandra Kurla Complex, signaling its commitment to establish a presence in India.
- Tesla's entry into India comes amidst discussions on import tariffs, with high duties posing challenges for the company's pricing strategy.
- Despite tariff concerns, Tesla is moving forward with its expansion plans, with future locations being considered in Delhi and Pune.
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Eu-Startups
1d
139
Austrian medical device company PIUR IMAGING raises €5.6 million to scale tomographic 3D ultrasound globally
- Austria's PIUR IMAGING has secured €5.6 million in growth capital funding to expand its AI-powered tomographic 3D ultrasound technology globally.
- The funding round was led by Aescuvest Capital Partners, focusing on enhancing ultrasound imaging by adding a third dimension for more consistent and reliable analysis.
- PIUR IMAGING, established in 2014, aims to revolutionize diagnostic workflows with their advanced 3D ultrasound solutions that enable more accurate and reproducible imaging for improved patient outcomes.
- The company's recent FDA clearance and U.S. subsidiary establishment will drive commercial expansion, targeting the U.S. market with innovative products like PIUR tUS Infinity and PIUR tUS inside.
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Bloomberg Quint
1d
54
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'Buy' Suzlon Energy Shares To Get An Upside Of 24% Says Motilal Oswal — Here's Why
- Motilal Oswal recommends buying Suzlon Energy shares with a potential upside of 24% based on a target price of Rs 82 by applying a target P/E of 35x to FY27E earnings per share.
- Suzlon Energy is expected to benefit from regulatory tailwinds mandating local content, a robust order book providing strong revenue visibility, and execution improvements through proactive land acquisition and EPC expansion initiatives.
- The new order outlook for Suzlon Energy remains healthy, with NTPC bid awards likely in the next six months, according to Motilal Oswal.
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Bloomberg Quint
1d
149
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INOX Clean Energy Files Confidential Draft Papers For Rs 6,000-Crore IPO
- INOX Clean Energy Ltd. has filed a confidential draft red herring prospectus for a Rs 6,000-crore IPO in the Indian renewables sector with the goal of achieving a market capitalization of around Rs 50,000 crore.
- Proceeds from the IPO will be used for setting up new facilities in solar and independent power producers, with a planned capital expenditure of approximately Rs 6,500 crore.
- The IPO is larger in scale compared to previous filings, like Juniper Green’s Rs 3,000 crore and Waaree Energies’ Rs 4,300 crore IPOs.
- The book running lead managers for the IPO are JM Financial, Motilal Oswal, Nuvama, IIFL Securities, and ICICI Securities.
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Bloomberg Quint
1d
107
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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
1d
357
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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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21 Likes
Bloomberg Quint
1d
126
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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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Bloomberg Quint
1d
434
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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
1d
167
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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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9 Likes
Bloomberg Quint
1d
73
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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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3 Likes
Bloomberg Quint
1d
219
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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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Bloomberg Quint
1d
521
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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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15 Likes
Bloomberg Quint
1d
184
Image Credit: Bloomberg Quint
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
1d
46
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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
1d
745
Image Credit: Bloomberg Quint
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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