4696: Tesla unmoved by tariff threat, Zepto fundraise in works & why BRICS bothers Trump | MC Editor's Picks

Glenmark signs a $2 billion global cancer drug deal, hailed as “an India moment.” Apple scrambles to handle a labour crisis at Foxconn’s India plant, while Foxconn keeps expanding. SIPs cross ₹15 lakh crore, showing retail investor strength. Rohit Jawa’s surprise resignation from HUL and Priya Nair’s appointment signal that the company is shifting gears. All this and more in today’s edition of Moneycontrol Editor’s Picks.

In today’s Tech3 from Moneycontrol, Tesla confirms its India entry with a showroom launch on July 15, and Elon Musk’s X slashes subscription prices in India by up to 47%. We also decode which Indian state tops UPI usage, explore Apple’s plan to manage the Foxconn engineer exodus in Tamil Nadu, and unpack how Indian IT giants like TCS, Infosys, and Wipro are going all in on Gen AI by partnering with startups. Tune in for your daily dose of startup and tech news!

With a goal to have 2 Indian banks among world’s top 10 by 2047, the government is encouraging NBFCs to become full-fledged banks. Investment banks are lining up for a chance to advise on the NSE IPO. Elon Musk’s X Corp. challenges India’s internet government model. A decision that could help cut steep hospital bills and more in today’s edition of Moneycontrol Editor’s Picks.

In today’s Tech3 from Moneycontrol, the Delhi High Court halts five Kuku FM shows after a copyright complaint from Pocket FM. India's top brokerages see a dip in active users despite a bullish market. TCS beats profit estimates in Q1, but revenue falls short. We decode why fintechs are betting big on Model Context Protocol. Plus, Zomato CEO Deepinder Goyal buys a luxury apartment at The Camellias in Gurugram for Rs 52.3 crore. Tune in for your daily startup and tech news fix!

In today’s Market Minutes, we break down whether Nifty can eke out gains on weekly expiry day, with key technical levels in play. We dive into expectations from TCS as it kicks off the Q1 earnings season, and put the spotlight on Trump’s latest tariff blitz — including fresh duties on Brazil. Asian markets are mixed, US markets saw a strong close and the GIFT Nifty is hinting at a positive start for Dalal Street. A look at all the global cues plus, a round-up of all the stocks in the news — from Asian Paints’ exit from Akzo Nobel to key orders for RailTel and Enviro Infra. Don’t miss our Voice of the Day where Aishwarya Dadheech of Fident Asset Management explains why IT still makes the cut for long-term investors. Tune in for all this and more in today’s Market Minutes — your morning podcast bringing you the top stories to kickstart your trading day, from stocks in the news to macro trends and global market cues.

Tesla has reassured Indian parts suppliers that its procurement policy will not change despite Trump’s tariffs threat. Zepto is eyeing a fresh fundraise, Lenskart co-foundder Peyush Bansal wants to up his stake in the company, and smartphone buyers can expect steep discounts soon. Also find out why municipalities are tapping the bond market to finance infrastructure and why Trump is irked by the economic influence of BRICS in today’s edition of Moneycontrol Editor’s Picks.

In today’s Tech3 from Moneycontrol, Lenskart CEO Peyush Bansal looks to raise his stake at a steep pre-IPO discount, bringing the eyewear giant’s valuation down to $1 billion. Zepto is eyeing a $500 million fundraise at a $7 billion valuation, while Kreditbee posts a sharp 66% profit jump in FY25. Plus, Cisco CEO Chuck Robbins calls India one of the company’s biggest global growth bets. Tune in for your daily wrap of the sharpest startup and tech news.

Is India being too protective about agriculture? Can India open its agri and dairy markets to the U.S.? Ashok Gulati, an Agriculture Economist, says that Indian farmers don’t stand to lose with the opening up of Agri markets to the U.S. 

After trading in a tight range for most of the session, frontline indices bounced back sharply in the final hour—but can the momentum hold? In today’s Market Minutes, we decode the day’s biggest market triggers, from sectoral action and fund flows to key business updates from heavyweights like Tata Motors, and JSW Steel. Globally, US President Trump has reignited trade tensions with sweeping new tariff threats—slapping a 50% duty on copper and warning of 200% tariffs on pharma exports. In our Voice of the Day segment, Amit Kumar Gupta, Founder of Fintrekk Capital, unpacks the possible fallout for Indian pharmaceutical exporters.  Tune in for all this and more in today’s Market Minutes — your morning podcast bringing you the top stories to kickstart your trading day, from stocks in the news to macro trends and global market cues.

In an exclusive, Moneycontrol reports that Maran brothers may have reached a resolution brokered by CM MK Stalin. A closer look at what Trump’s latest tariffs announcement means for India. State run banks are leading the rate-cut race and Tier II cities are emerging as growth hotspots. Finally, rock and roll may actually be dead if we go by the evidence of GenZ music taste in the last decade. All this and more in today’s edition of Moneycontrol Editor’s Picks.