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Stocks in News

TATA STEEL: Tata Steel infused ?1,625 crore into its wholly owned subsidiary, T Steel Holding Pte (TSHP), by subscribing to 199 crore shares at $0.086 per share. The capital infusion is expected to support offshore debt restructuring and advance the decarbonization initiatives at its European operations.

* LIC: The company announced the resignation of Chief Financial Officer Sunil Agarwal, who will step down effective July 14, 2026, to pursue other career opportunities.

* NLC INDIA: NLC India’s subsidiary has entered into a joint venture with the Odisha Renewable Energy Development Agency (OREDA) to develop a 1,000 MW green energy project in Odisha, marking a significant step in expanding the company’s renewable energy portfolio and accelerating its clean energy transition.

* EMBASSY DEVELOPMENTS: The real estate developer has signed an MoU with the Uttar Pradesh government to invest ?1,500 crore in premium real estate developments across the high-growth Lucknow corridor.

* DECCAN GOLD MINES: The company inaugurated its flagship Jonnagiri Gold Project in Andhra Pradesh’s Kurnool district, marking a key milestone in India's private-sector gold mining industry. With an initial ore processing capacity of around 1,000 tonnes per day, the project transitions the company from exploration to commercial production.

* IRFC: The government has exercised the green-shoe option in the ongoing Offer for Sale (OFS) of the state-owned railway financier, increasing the stake on offer by an additional 1%.

* INFOSYS: The company announced a strategic cloud and AI partnership with Sentara Healthcare to accelerate digital transformation, enhancing patient care delivery and improving healthcare operational efficiency.

Economic News

* Iran Signals Readiness to Deepen Economic and Energy Ties with India : Iranian Petroleum Minister Mohsen Paknejad, currently in New Delhi for the BRICS Energy Ministers' meeting, reaffirmed Tehran's willingness to strengthen economic engagement with India, particularly in the energy sector. During his visit, Paknejad is expected to hold discussions with Indian officials and industry representatives on expanding cooperation in oil and gas, exploring investment opportunities, and assessing global energy market developments. The visit follows recent high-level engagements between the two countries, including talks between Iranian Deputy National Security Council Secretary Ghadir Nezamipour and Prime Minister Narendra Modi.

Global News

* Nvidia CEO Sees Agentic AI and Physical AI as Next Growth Engines : Nvidia CEO Jensen Huang said the AI industry has entered a new phase with the emergence of agentic AI, highlighting its rapid adoption across industries as enterprises increasingly deploy autonomous AI agents across business functions. Speaking at the company's annual shareholder meeting, Huang described data centres as "AI factories" powering digital assistants and intelligent software systems. He also identified "physical AI"—covering applications such as robotics, autonomous vehicles, and industrial automation—as Nvidia's next major growth opportunity. Huang noted that Nvidia's revenue and operating income grew 65% and 60%, respectively, over the past year, driven by sustained demand for AI infrastructure and computing platforms.

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