Fred Ramsdell, a Nobel laureate for immune system research, is currently unreachable. He is on an off-the-grid hiking trip and unaware of his 2025 Nobel Prize win. The Nobel committee and his colleagues are trying to contact him. Ramsdell shared the prize with Mary Brunkow and Shimon Sakaguchi for their work on regulatory T-cells.
Market expert Sandip Agarwal expressed caution on the Indian IT sector, citing low single-digit growth and high valuations for large caps. He believes current rallies are tactical, not fundamental, and sees potential bottoming out when multiples contract. Agarwal favors platform companies and is highly bullish on India's consumer tech "Mag-7" for long-term growth.
A major cyberattack on Jaguar Land Rover has halted global manufacturing, leaving customers in the dark about their vehicle deliveries. The UK government has stepped in with a 1.5 billion loan to support suppliers, a move experts deem risky but necessary to mitigate economic fallout.
Trent shares: The Tata Group firm posted a 17% year-on-year (YoY) rise in standalone revenue for the June quarter, reaching 5,002 crore compared to 4,260 crore in the same period last year. During the quarter, it also launched 40 Zudio stores and 13 Westside outlets.
Kedar Kadam emphasizes that while record SIP inflows indicate a strong structural shift in Indian investing, many investors lack clear financial goals. He advocates for intentional, goal-oriented investing to navigate global uncertainties and market volatility. A selective, disciplined approach, focusing on quality growth and due diligence, is crucial amidst stretched valuations and evolving market dynamics.