Business News
IOB stake sale: Govt pares stake via OFS; holding drops to 92.44%
The Indian government has reduced its stake in Indian Overseas Bank (IOB) to 92.44% after completing an offer-for-sale, diluting 2.17% of its equ
EPW India collects 9 crore from anchor investors; SME IPO to open Mon
The 31.8 crore IPO will open for public subscription on December 22 and will conclude on December 24. It has fixed a price band at 95-97 per equi
SEBI group to review non-agricultural derivatives
The SEBI chairperson said the enhanced institutional participation will bring in higher liquidity, making the market more attractive for hedging
Power Minister Manohar Lal consulted MPs on the proposed Electricity (Amendment) Bill, 2025, aiming to strengthen the sector by mandating cost-re
A weak rupee makes it harder for country to achieve income growth target
SEBI imposes 50 lakh on four individuals for manipulating shares of GG Engineering
The four individuals, Manish Mishra, Sunil Bhandari, Rekha Bhandari and Anshu Mishra, will have to pay the penalty jointly and severally
AI boom or bubble? Is the AI bet driving US growth into risky territory; Ruchir Sharma explains
Artificial intelligence is now the primary driver of global economic growth, particularly in the US, according to economist Ruchir Sharma. He war
Nearly 20,000 litigations pending as ESIC pushes social security compliance
According to Ministry sources, ESIC has so far filed applications in 258 cases across various courts seeking permission to withdraw proceedings a
Delhi air on verge of severe; AQI at 398 as thick haze shrouds capital
With the sun largely obscured by clouds and suspended pollutants, visibility was greatly reduced
Ahmedabad Metro to add Made-in-India trains to its Hyundai Rotem fleet
The train manufactured from Kolkata will join a set of 32 trains supplied by South Korean firm Hyundai Rotem for Phase-1 of Ahmedabad metro, whic
A CREDAI and CRE Matrix survey reveals nearly 70% of real estate developers anticipate housing prices to rise by over 5% in 2026, driven by susta
AI Express suspends pilot in assault case, Govt orders probe
The Civil Aviation Ministry too has ordered an inquiry and directed the Bureau of Civil Aviation Security and Directorate General of Civil Aviati
Bullion outlook: Gold, silver to retain momentum in 2026 amid strong demand, says PL Capital
Gold and silver are set for a strong 2026. Gold prices are predicted to rise moderately to strongly. Silver is also expected to maintain its upwa
FSSAI says eggs are safe for consumption, claims of cancer risks misleading
The Authority also urges consumers to rely on verified scientific evidence and official advisories
The expo also highlighted the communitys contribution to urban renewal, most notably the Saifee Burhani Upliftment Project in Bhendi Bazaar
TN starts preliminary works to convert the unused Chettinad Airport into an aviation hub
The airport is also known as Karaikudi Kanadukathan Airport, which was used during World War II
Walmart is bolstering its in-house maintenance workforce through revamped training programs. These initiatives aim to equip employees with skills
Gold demand turned weak in India, China in November
However, investments into the yellow metals EFTs continue
Foreign Institutional Investors have sold Indian equities worth Rs 14,185 crore in December, contributing to total outflows of Rs 1,57,860 crore
From insurance to SIPs to retirement: How Parliaments Winter Session rewrote your financial future
Parliament has enacted sweeping financial reforms, including 100% foreign ownership in insurance and pension firms, to boost domestic investment
RBI has allowed compounding of FEMA case against Genpact India: ED
New Delhi, Dec 20: The Enforcement Directorate on Saturday said the RBI had issued a compounding order for Genpact India, against a one-time paym
ICC T20 World Cup squad: Gill dropped, Kishan back for Indias title defence
Bit short of runs at the moment, but he is a quality player: Agarkar on Gill's omission from T20 squad
Big year for old school Wall Street trades gets lost in AI hype
Even as AI mania dominated headlines in 2025, diversified and multi-asset strategies quietly delivered some of their strongest returns in years.
India's market regulator Sebi is forming a working group. This group will explore future technology for stock exchanges. The aim is to strengthen
Gold EGR framework may need a review to revive Indias price-setter ambition: Sebi Chairman
Sebi Chairman Tuhin Kanta Pandey said Indias Electronic Gold Receipts (EGR) framework may need a review as it has not gained the desired traction
Pfizer and Cipla announce partnership
Cipla now has the sole right to market, distribute and sell Pfizers cough syrup Corex Dx and Corex LS, and other medicines
Long-time CEO reveals leadership lessons that changed his career - key takeaways
WD-40 CEO Garry Ridge transformed his leadership from command-and-control to empowering his team, realizing personal growth was key to company ex
Smallcaps, NBFCs, consumer discretionary set for revival in FY26: LIC MF's Dikshit Mittal
Markets have been range-bound for over a year, awaiting triggers like earnings growth, trade deals, or rupee stabilisation, says Dikshit Mittal.
FPIs return as net buyers after three-day selloff, pump in 1,745 crore on Friday
In the equity segment, FPIs invested a net 2,824 crore on Friday, driven primarily by primary market activity worth 2,486.47 crore
In a post on X on Saturday, Nikhil Kamath dropped a one-minute video teaser of his podcast with Ray Dalio, where they discuss a wide range of top
World Bank funding boost for Pakistan: $700m tranche approved under multi-phase plan
The World Bank has approved $700 million in fresh financing for Pakistan to bolster macroeconomic stability and enhance public service delivery.
SIP stoppage ratio touches 76% even as inflows hit new high in November
The weak returns in last one year lead to big churn in investments
US existing home sales edge up in November as mortgage rates ease
U.S. existing home sales saw a modest increase in November, driven by easing mortgage rates. However, economic uncertainty and a shrinking invent
Infosys stock shock! Why did ADRs jump nearly 40% in minutes on NYSE? Explained
US-listed Infosys shares surged nearly 40% in minutes, briefly adding billions to its market value and triggering a NYSE trading halt due to extr
Railway stocks under FII scanner: RVNL, Texmaco among 5 seeing stake cuts in September quarter
FIIs trimmed stakes in key railway stocks, including RVNL, Texmaco, and IRCTC, amid sectoral weakness in Q2FY26.
Incorporate green areas in projects, provide skill training to labourers: Shah to realty developers
Amit Shah has called for green building norms to become standard in housing. Developers should build affordable homes and train laborers. Transpa
Sebi to form working group on next technological frontier for stock exchanges
India's market regulator Sebi is forming a working group. This group will explore the future of stock exchange technology for the next 5 to 10 ye
Finance Ministry invites suggestions from citizens for Union Budget 202627
Suggestions can be sent in till January 16, 2026, through www.mygov.in
GQG Partners India Portfolio: 4 stocks soar up to 40% in FY26, others struggle
As of September 2025, the firm held stakes in 12 BSE-listed companies, with the portfolio valued at Rs 66,655 crorea rise of 11% from Rs 60,221 c
Markets range-bound for now await earnings and macro signals for next bull run: Ashi Anand
Indian equity markets are likely to remain range-bound in the near term as investors await clearer signals on earnings recovery, the rupees traje
SEBI to review non-agri commodity derivatives, mulls investor protection fund merger
SEBI also in talks with RBI and IRDAI to enable participation of banks and insurance companies in commodity derivatives market
Government invites public suggestions to shape Union Budget 2026-27
The Government of India is seeking suggestions for the upcoming Budget 2026 from the general public to help make new rules and plans for the coun
ED questions Anil Ambani's son for second straight day in money laundering case
NEW DELHI: The Enforcement Directorate (ED) on Saturday questioned Jai Anmol Ambani, son of industrialist Anil Ambani, for the second consecutive
Indias telecom sector surges in 2025! 5G rollout reaches 85% of population
India's telecom sector concluded 2025 with significant advancements in digital connectivity and infrastructure. The National Broadband Mission 2.
Crypto chaos jolts hedge funds in worst year since 2022 crash
Crypto hedge funds entered 2025 expecting a breakout year, backed by regulation and institutional money. Instead, sharp volatility, shrinking arb
Google warns staff with US visas against international travel due to embassy delays
Some US embassies and consulates face visa appointment delays of up to 12 months, says memo
Nifty logged its third consecutive weekly loss within a tight 321-point range, reflecting market indecision. Analyst Sudeep Shah sees key support
Delhi AQI near severe at 384 as dense fog grips capital
AQI likely to worsen over next two days
Momentum investing: short-term dip, long-term edge
Momentum investing may face short-term underperformance, but historical data shows these dips often precede strong long-term gains. Despite recen
Fossil fuel peak demand pushed to 2030s as oil rebounds; India emerges as growth engine
Global oil demand reversed its predicted decline in 2025, with India emerging as a major consumption driver. This resurgence was fueled by delaye
Explainer: Why Infosys ADRs jumped 40% and why the NYSE halted trading
Infosys ADRs surged 40% on the NYSE, hitting a 52-week high of $30 and triggering two trading halts. Analysts cite a combination of a short squee
Kranti Bathini of WealthMills Securities says Indian markets remain in a consolidation phase, with Nifty oscillating between 25,85026,250. Despit
SoftBank races to fulfill $22.5 billion funding commitment to OpenAI by year-end, sources say
The all-in bet on OpenAI is among the biggest yet by SoftBank CEO Masayoshi Son, as the Japanese billionaire seeks to improve his firms position
South India Tea Promotion Group delegation visits Gujarat to expand marketing ties
South India Tea Promotion Group delegation to interact with over 300 members of Gujarat Tea Traders Association for marketing South Indian teas i
Fortis to acquire Bengaluru-based People Tree Hospital for 430 crore
The company has signed definitive agreements for the acquisition of the 125-bedded hospital in Yeshwanthpur, Bengaluru, by way of a 100% acquisit
Parle Agro profit jumps manifold to Rs 115.38cr in FY25, revenue rises 5% to Rs 3,284cr
Parle Agro has achieved a significant multi-fold growth in its consolidated net profit, reaching Rs 115.38 crore in FY25. The beverage giant's re
Concurrent Losers: 13 small-cap stocks decline for 5 consecutive sessions
Thirteen small-cap stocks, including Kothari Industrial and Wardwizard Innovations, recorded losses for five consecutive sessions, with declines
Concurrent Losers: 13 smallcap stocks decline for 5 consecutive sessions
Thirteen small-cap stocks, including Kothari Industrial and Wardwizard Innovations, recorded losses for five consecutive sessions, with declines
US trade chief criticises India, EU as negotiations drag on
US Trade Representative Jamieson Greer says US concluded deals with a slew of other partners after starting talks with India
Infosys ADRs: Here's what company said on unprecedented 40% spike, trading pause
Infosys ADRs surged 40% on the NYSE, hitting a 52-week high of $30 before settling at $20.22, triggering two trading halts. The company clarified
6 multibaggers Vijay Kedia and Mukul Agrawal unearthed in a tough 2025 market
In a challenging 2025, Vijay Kedia and Mukul Agrawal spotted six multibagger stocks, including OSEL Devices and Zelio E-Mobility, that delivered
Starbucks taps Amazon's Anand Varadarajan as new chief technology officer
Starbucks said on Friday it has appointed Anand Varadarajan as its new chief technology, effective January 19
Delaware top court restores Elon Musk's record $55bn Tesla pay package
Elon Musk has secured a significant legal victory as the Delaware Supreme Court reversed a lower court's decision, reinstating his $5556 billion
How Indias millers can unlock a $10 billion market by embracing nutrition-forward foods
By adopting best-in-class quality systems, investing in smart branding and partnering with public and private buyers, the milling sector can conv
11 IPOs opening next week. GMPs hint at up to 57% listing gains
Next week, 11 IPOs, led by Gujarat Kidney and Shyam Dhani Industries, are set to open, with grey market premiums signalling potential listing gai
IPO calendar: 11 companies to raise Rs 750 crore next week as Gujarat Kidney takes centre stage
Indias IPO pipeline stays active heading into year-end, led by Gujarat Kidney and Super Specialitys Rs 251-crore mainboard issue opening December
Nvidia-Intel deal cleared by U.S. antitrust agencies
U.S. antitrust agencies have cleared Nvidias investment in Intel, according to a notice
Google warns staff with U.S. visas against international travel due to embassy delays: Report
Some U.S. embassies and consulates face visa appointment delays of up to 12 months, the memo said, warning that international travel will risk an
Some U.S. embassies and consulates face visa appointment delays of up to 12 months, the memo said, warning that international travel will risk an
Inox Green to Acquire Macquarie's Renewable Platform Vibrant
Inox Green Energy Services is set to acquire Vibrant Energy, an Indian renewable energy platform. The deal values Vibrant Energy at around $200 m
Series of earthquakes rattle East Bay, tremors felt across San Ramon and surrounding communities
The East Bay experienced a series of six earthquakes on Friday evening. The tremors were centered near San Ramon. The strongest quake registered
From smoke to sustainability: A circular economy solution to air pollution crisis
The solution to North Indias air pollution crisis does not lie in quick fixes but in the fundamental reimagining of our resource flows
Most valued AMC ICICI Pru pips HDFC MF with 20% pop
ICICI Prudential Asset Management made its stock market debut on Friday. The company's shares listed at a significant premium. This listing prope
Brookfield India REIT raises Rs2,000 crore
Brookfield India Real Estate Trust has secured 2,000 crore from its first sustainability-linked bonds. The International Finance Corporation acte
Veteran Malayalam actor Sreenivasan passes away at 69
With a career spanning over five decades, Sreenivasan acted in more than 250 films and was widely acclaimed for his sharp satire, humour and soci
Japan's MUFG seals Rs 39,600 crore Shriram Finance Deal
Japan's MUFG Bank will invest 39,620 crore for a 20% stake in Shriram Finance. This is India's biggest foreign investment in financial services.
Guwahati airport gets new terminal! PM Modi to inaugurate today - see stunning pics
Prime Minister Narendra Modi inaugurated Guwahati's new Lokapriya Gopinath Bardoloi International Airport terminal today, a significant infrastru
Demystifying palm oil for nutrition and health
For a healthy India and a thriving economy, balanced consumption remains essential, and this applies to oils as well
TCS among ICICI Securities top 5 bets with upside potential of up to 26% in 1 year
ICICI Securities sees Nifty heading towards 29,500 by 2026 and has named Bank of India, Marico, Ultratech Cement, TCS and Sun Pharma as its top f
Stock market meets physics: 5 laws that explain why prices move the way they do
Ambit Capital has drawn parallels between stock markets and classical physics, outlining five laws that explain price behaviour. From inertia and
IndiGo warns of flight disruptions to Jammu, Ranchi due to prevailing fog
Dense fog also affects flight operations at Jaisalmer Airport
Yen weakens against peers after BOJ raises interest rates
The Japanese Yen saw a significant drop against major currencies on Friday. This happened after the Bank of Japan increased interest rates to a t
Former CJI Gavai appointed Ambedkar Chair Prof at Hyderabads NALSAR University of Law
Gavai will lead the Chairs activities, including research, teaching and academic initiatives in constitutional law, access to justice and social
Mumbai Marina project: Centre clears Rs 887cr world-class plan top things to know
Mumbai is set to get a world-class marina in its harbour, a Rs 887-crore project approved by the Union government. This initiative aims to boost
India fast-tracks key reforms to shield itself from US tariffs
In its final parliamentary session of the year, Prime Minister Narendra Modis government pushed through major economic reforms aimed at boosting
To build one of Indias largest hotel portfolios
Gautam Adani's conglomerate is making a significant foray into hospitality, planning over 60 hotels across its airports and real estate. This amb
Adani eyes 12 more airports, checks into hospitality biz
Adani Group plans a massive Rs 1 lakh crore investment in aviation infrastructure over five years, aiming to bid for a dozen airports. This expan

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