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Bloomberg Quint
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433
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Swiggy, Eternal Shares Outrun Chinese Peers On Profit Hopes
- Shares of Swiggy Ltd. and Eternal Ltd. have outperformed Chinese peers due to profit expectations.
- India's e-commerce stocks, particularly in the quick-commerce sector, are thriving with Swiggy and Eternal leading the market.
- Established players like Swiggy, Eternal, and Zepto are expected to maintain market share against new entrants due to efficient operations and supply networks.
- Despite challenges and unprofitability, Swiggy and Eternal are poised to benefit from India's growing quick-commerce market.
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Bloomberg Quint
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288
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Meesho IPO: SoftBank-Backed E-Commerce Platform Confidentially Files Draft Papers
- Meesho, a Prosus-backed e-commerce platform, has confidentially filed draft papers for its IPO, aiming to raise up to Rs 4,250 crore through a primary share issuance.
- The company plans to offer existing investors a stake sale opportunity and undertake a private placement of equity shares to selected investors.
- Meesho's confidential filing is part of a growing trend of companies opting for a pre-filed confidential route before releasing a draft red herring prospectus (DRHP) for the IPO.
- The IPO move follows Meesho's recent shift of domicile to India as it prepares for a public listing, with shareholders approving Vidit Aatrey as the chairman, managing director, and chief executive of the firm.
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Bloomberg Quint
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317
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iPhone 17 Pro Leak: New MagSafe Magnet Layout Features A Gap, Here's Why
- The iPhone 17 Pro is rumored to feature a new MagSafe magnet layout with a gap in the ring to align with the repositioned Apple logo.
- Leaked images suggest that third-party cases for the iPhone 17 Pro will have a different magnet arrangement compared to current iPhone models.
- The new MagSafe layout may necessitate minor magnetic field adjustments to prevent interference but existing accessories are expected to work normally.
- Speculation is rife that the redesigned MagSafe system could potentially support faster charging speeds, with the primary reason for the cosmetic change being the repositioning of the Apple logo on the device.
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Eu-Startups
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British robotics company AssetCool raises €11.5 million to scale rapid robotic grid upgrade technology globally
- Leeds-based AssetCool, a DeepTech company, raised €11.5 million in a Series A funding round to scale its proprietary robotics technology globally.
- The funding round was oversubscribed and led by Energy Impact Partners, with participation from other investors including Extantia Capital and Taronga Group.
- AssetCool focuses on innovating robotics and coatings for power lines, aiming to enhance grid efficiency and resilience.
- The company's technology increases power line capacity through the application of thermal-management nanomaterials, offering a cost-effective solution to address grid congestion.
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Bloomberg Quint
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246
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Deepika Padukone To Get Star On Hollywood Walk Of Fame, Becomes First Indian Actor To Receive Honour
- Deepika Padukone is set to receive a star on the Hollywood Walk of Fame, making her the first Indian actor to be honored with this accolade.
- The Hollywood Chamber of Commerce announced the selection of a new group of entertainment professionals, including Padukone, to receive stars on the Walk of Fame in 2026.
- The Hollywood Walk of Fame celebrates achievements in the entertainment industry with over 2,700 brass stars honoring artists from film, television, music, radio, and live performance.
- Padukone, known for her work in Bollywood and Hollywood, has been recognized for her impactful contributions and is currently involved in various projects.
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AllTopStartups
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Swoop Funding: How UK SMEs Can Put Themselves in the Best Position to Secure Finance
- New research by Swoop Funding reveals UK SME funding landscape.
- Smaller towns like Stoke-on-Trent and Farnham see significant SME funding increases.
- Andrea Reynolds predicts a new era for regional business growth outside urban centers.
- SMEs advised to explore various funding options and improve financial story for success.
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Bloomberg Quint
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139
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NSE IPO May Take Off Around Diwali? SEBI No Objection To Come Post Settlement
- The National Stock Exchange (NSE) is making progress towards its long-awaited initial public offering (IPO) which might happen around Diwali after securing regulatory clearance.
- NSE needs a No Objection Certificate (NoC) from the Securities and Exchange Board of India (SEBI) to proceed with the IPO, which will only be considered after the ongoing settlement process concludes.
- NSE has proposed a settlement amount of ₹1,600 crore to address past compliance issues, making it the largest settlement offered to SEBI. The proposal is under review by a High-Powered Advisory Committee before a final decision by SEBI.
- The entire process, including settlement and obtaining the NoC, could take up to two months, aligning with the festive season timeline. The IPO has been on hold for years and resolving current legal issues could pave the way for a successful listing.
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Bloomberg Quint
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82
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Oppo Reno 14 Series Launched In India: Check Price, Specification And Where To Buy
- Oppo has launched the Oppo Reno 14 series in India, including the Oppo Reno 14, Reno 14 Pro, and Reno 14F.
- The Oppo Reno 14 is powered by a MediaTek Dimensity 8350 chipset, while the Reno 14 Pro runs on a MediaTek Dimensity 8450 processor; both phones have up to 12 GB of RAM.
- Key features include OLED displays with high refresh rates, Corning Gorilla Glass 7i protection, and powerful camera systems on both models, along with large batteries and fast charging support.
- The Oppo Reno 14 series will be available in India starting July 8 on Amazon, Flipkart, and Oppo stores, with prices ranging from Rs 37,999 to Rs 54,999.
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Bloomberg Quint
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156
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Samsung Galaxy Unpacked On July 9: Galaxy Z Fold 7 To Watch 8, Here's A Peek At Expected New Launches
- Samsung Galaxy Unpacked event on July 9 will unveil the Galaxy Z Fold 7, Galaxy Z Flip 7, and a triple-folding smartphone.
- The triple-folding smartphone is a new innovation from Samsung, hinted to be showcased at the event with limited details available.
- Anticipated upgrades for the Galaxy Z Fold 7 and Galaxy Z Flip 7 include slimmer designs, powerful cameras, larger batteries, and new chips.
- Samsung will also introduce the Galaxy Watch 8 series with features such as a physical rotating bezel and the Exynos W1000 chip.
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Nonprofithub
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[PODCAST] Decoding the Secret Language of Fundraising – Becca Segovia
- Becca Segovia, founder of GCS Partners, decodes the secret language of fundraising in a podcast episode.
- She shares insights and strategies for navigating donor relationships and introducing innovation in nonprofit development.
- Listeners can gain wisdom on using data for change, engaging donors effectively, and leading with curiosity in the sector.
- The episode is part of the Nonprofit 101 series and offers resources for nonprofit professionals. Sponsorship is provided by a company focused on solving problems for organizations.
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Bloomberg Quint
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116
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Tata Group Is Said To Be In Talks To Buy Out Investors In Resurgent Power
- Tata Group is in talks to buy out other shareholders in Resurgent Power Ventures Pte, including ICICI Venture, KIA, and OIA.
- The shareholders are seeking a valuation of about $2.1 billion for the whole company, including debt.
- Resurgent Power's portfolio includes a stake in Prayagraj Power Generation Co. and other power transmission operators in northern India.
- Discussions are ongoing, and there is no certainty that an agreement will be reached.
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Bloomberg Quint
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265
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Multibagger Paras Defence In Focus On First-Ever Stock Split — Last Chance To Buy Ahead Of Record Date
- Paras Defence & Space Technologies' shares are in focus as the company prepares for its first-ever stock split on July 4, with investors benefiting from multibagger returns in the past few years.
- The company's subsidiary, Paras Anti-Drone Technologies Ltd., secured a significant international order from a European defense firm worth Rs 22 crore, boosting investor confidence.
- Under the 1:2 stock split ratio, shareholders must own the stock by July 3 to be eligible, as buying shares on the record date will not qualify. Paras Defence share price has surged over the years, delivering substantial returns to investors.
- Paras Defence share price saw a 2.3% intraday increase to Rs 1,735, with a 14% rise in the last 12 months. The stock has delivered impressive returns of 190% in three years and 247.55% in five years.
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Bloomberg Quint
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Housing Unit Sales Dip In Top Cities; Only Hyderabad, Chennai See Growth
- Housing unit sales in India's top cities have declined overall, with only Hyderabad and Chennai showing growth in the first half of 2025.
- Mumbai had stable sales with 47,035 units sold and experienced no year-on-year change, while new launches decreased by 3%.
- The National Capital Region and Bengaluru saw declines in sales, while Pune, Ahmedabad, and Kolkata also experienced decreases.
- Homes priced above Rs 1 crore saw a 17% increase in sales, indicating momentum in the higher-end segment of the housing market.
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Bloomberg Quint
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39
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India's Inflation May Range Between 2.5–2.75% In Q2, Q3, Enam Holdings' Sridhar Sivaram Says
- India's inflation is projected to range between 2.5-2.75% in the second and third quarters, according to Sridhar Sivaram, investment director at Enam Holdings.
- Enam Holdings projected a 50-basis point rate cut by RBI in June based on the inflation trajectory, supported by factors like the base effect and distribution of rainfall favoring inflation decline.
- Sivaram notes that India will need cues from the US Federal Reserve as the interest rate differential between the US and India is at its lowest in 20 years, potentially allowing RBI to reduce interest rates further, with a possible 25-basis point rate cut in September.
- India's tariffs on products like automobiles are relatively high, but negotiations and recent pacts indicate a complex scenario. Despite this, India's impact from tariffs is expected to be less compared to China and Mexico due to lower exposure.
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Bloomberg Quint
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418
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Adani Airports To Give Lounge Access Through In-House Platform
- Adani Airport Holdings Ltd. will provide lounge access directly through its in-house platform in partnership with other lounge operators, eliminating intermediaries for a seamless experience according to CEO Arun Bansal.
- The company highlighted India's leadership in digital innovation, citing the fintech revolution like UPI that has removed the need for middlemen across sectors.
- The Adani Group operates airports in major cities in India and is currently constructing the Navi Mumbai International Airport.
- The news is from Adani Airports announcing a new approach to lounge access via their in-house platform, emphasizing innovation and direct consumer engagement.
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