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 Rupee Check | Rupee Opens At 85.83/$ Vs Thursday’s Close Of 85.64/$ pic.twitter.com/g6TMxYP1IR

— CNBC-TV18 (@CNBCTV18Live) July 11, 2025

K Krithivasan, CEO & MD, TCS On CNBC-TV18  

Aarthi Subramanian, ED – President & COO, TCS On CNBC-TV18 #CNBCTV18Exclusive | In an exclusive interview with #GlenmarkPharma CMD, Glenn Saldanha @ekta_batra talks about the largest licensing deal by any Indian pharma co with an upfront payment of $700 m from AbbVie

CNBC-TV18 first talked about expected Glenmark Deal on March 17 in… pic.twitter.com/RNUvw1OXt6

— CNBC-TV18 (@CNBCTV18Live) July 11, 2025

Florian Neto, Amundi On CNBC-TV18  

Coming up on CNBC-TV18 

TCS Boardroom: K Krithivasan, CEO & MD, TCS + Aarthi Subramanian, ED – President & COO, TCS + Samir Seksaria, CFO, TCS + Milind Lakkad, CHRO, TCS

Watch Live 

The global brokerage firm Nuvama has initiated coverage of the Indian arm of Hyundai, Hyundai India Motors, with a ‘Buy’ rating. The price target is at ₹2,600.

The Insolvency and Bankruptcy Code (IBC) is under renewed scrutiny after the Supreme Court struck down JSW Steel’s ₹19,700 crore resolution plan for Bhushan Power and Steel, ordering liquidation instead. Top public sector banks, in a meeting with the Parliamentary Committee on Finance, warned that the ruling weakens the finality of the insolvency process and may discourage future bidders.

Futures Dip After Trump Threat 

US Stock Market Live 

Here are some of the companies that will report their results today.

Amal Ltd, Astonea Labs Ltd,  Aditya Birla Money Ltd, Avenue Supermarts Ltd, Elecon Engineering Company Ltd, Monotype India Ltd, Superhouse Ltd, Swarna Securities Ltd

Among the two listed music labels in India — Tips Music and Saregama — JM Financial said it has a clear preference for the former. It highlights four factors as to why the company stands out against its peers.

President Luiz Inacio Lula da Silva insisted Brazil can survive without trade with the US and will look to other partners to replace it, a sharp response to Donald Trump after the American leader threatened 50% tariffs against the nation.

Nomura on TCS

Neutral, TP ₹3780

1QFY26: Miss at revenue vs consensus

Management continues to expect FY26E to be better than FY25 for major markets

Significant margin improvement in FY26F is unlikely

1-2% cut in FY26-28F EPS; stock trades at 22.4x FY27F EPS

HSBC on TCS

Hold, TP ₹3665

1Q was a miss at top line, largely led by BSNL, but also with a miss in international business

Of more concern, & unusually, TCS seems to be struggling on profitability as well

Demand commentary slightly weaker than expected

JPMorgan on TCS

Neutral, TP ₹3650

MS on Tata Elxsi

JPM on Tata Elxsi

The market share of premium motorcycles in India, those with engine capacities above 150 cc, rose to 19% last fiscal year from 14% in fiscal 2019. Sales of these motorcycles increased to 2.3 million units from 1.9 million units, a 22% rise above pre-Covid levels, according to analytics firm Crisil.

Friday Trade

Fund Flow

Markets This Week

TCS Q1: A Somber Quarter

Glenmark’s Big R&D Moment!

Zee Ent

US President Donald Trump said he is planning on making a ‘major statement’ on Russia on Monday. This comes on the back of the US preparing to send new American weapons to Ukrain via purchases from NATO allies.

Shares of Tata Consultancy Services Ltd. (TCS), the IT services giant, are all set to react to their June quarter numbers, which were reported after market hours on Thursday, July 10. Catch all the live updates here

The electric vehicle giant will inaugurate its first experience centre in Mumbai, located in the Bandra Kurla Complex (BKC). This marks Tesla’s initial physical presence in India, with the company expected to commence retail sales through imported vehicles.

JSW Infrastructure’s resolution plan for NCR Rail Infrastructure, which operates a key Private Freight Terminal in Khurja, Uttar Pradesh, has received approval from the Committee of Creditors (CoC). The terminal is strategically located near New Delhi and the upcoming Jewar Airport. JSW Infrastructure shares closed marginally lower at ₹312.20 on the BSE.

The GIFT Nifty is trading with a deficit of about 150 points, thereby indicating a gap-down start for the index.

 #CNBCTV18Market | #GIFTNifty lower, trading at a discount of nearly 150 pts from Nifty Futures Thursday close, indicates a gap-down start for the Indian market pic.twitter.com/MzXlRAwLzW

— CNBC-TV18 (@CNBCTV18Live) July 11, 2025

Zee Entertainment shareholders have voted down a ₹2,237 crore promoter-led capital infusion via preferential warrants, with 40% opposing the proposal. This is the second shareholder rejection after Punit Goenka’s reappointment as MD was declined in December 2024. The company stated it respects the decision and remains committed to growth.

Eicher Motors has disclosed that its subsidiary, VE Commercial Vehicles, received a ₹168 crore demand-cum-show cause notice from the CGST & Central Excise office in Ujjain, Madhya Pradesh. #TrumpTariffs | #DonaldTrump says #Canada to face 35% tariff rate starting August, plan to impose blanket tariffs of 15% or 20% on most trade partners

I’ll have a major statement to make on Russia on Monday, he adds pic.twitter.com/BDCjhekNXr

— CNBC-TV18 (@CNBCTV18Live) July 11, 2025

TCS On Focus 

1QFY26: Miss at revenue vs consensus

Oil steadied after falling more than 2% on Thursday as investors weighed the fallout from OPEC+ supply and President Donald Trump’s tariffs. NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.