22 C Business News
Text view
SEPC shares zoom 8% on Rs 270 crore railway order win from North Western Railway
C jumped after the company won a 269.69 crore railway infrastructure contract for the AjmerChanderiya Doubling Project under North Western Railwa
Elon Musk has become the first person ever worth USD 600 billion, fueled by the success of SpaceX, Tesla, and his AI startup xAI. SpaceX's potent
IPL Auction 2026 Live: 10 teams, 369 players to go under the hammer for 77 slots
Cameron Green could well be the biggest beneficiary of IPL's skewed demand-supply market dynamic surrounding seam-bowling all-rounders during the
KSH International IPO sees muted demand at 7% subscription by midday
The company is aiming to raise 710 crore through the public issue, which is priced in a band of 365 to 384 per share
Budget 2026: How Union Budget can establish foundation for sustainable growth - top expectations
India's 2026-27 Union Budget could be historic, shifting focus to the debt-to-GDP ratio for increased spending. The expert expects simplified inc
Elon Musk on way to becoming worlds first trillionaire
New Delhi: Tesla and SpaceX CEO Elon Musk has taken another step towards becoming the worlds first trillionaire, according to reports. With his c
Historic low! Rupee breaches 91-mark for the first time; currency reaches 91.07 against US dollar
The Indian rupee hit an all-time low, breaching 91 against the US dollar amid sustained foreign fund outflows and trade uncertainty. The currency
Goa nightclub blaze: Luthra brothers deported from Thailand amid probe
The brothers, who had left India after the December 6 blaze, were detained in Phuket following intervention by the Indian mission.
Indias natural gas demand to decline by 4-5% in 2025
According to Balance Point Research, gas demand in Indias nearly 200 million standard cubic meters per day (MSCMD), or roughly 7 billion cubic fe
Rupee's relentless slide fuels talk of RBI pushback: Bankers
The Indian rupee is experiencing a significant decline, reaching new lows. This persistent weakness, despite positive movements in other Asian cu
Himgiri Plantation fraud case: Main accused arrested in Uttarakhand after decades
Superintendent of Police Surjit Singh Panwar said Mohan was on the run since 2001 after allegedly duping investors by promising high returns thro
Rupee Breaches 91-Mark Against US Dollar For First Time In Intra-Day Trade
The rupee plunged 36 paise to breach the 91-mark against the US dollar for the first time in intra-day trade on Tuesday, weighed down by sustaine
SEBI panel to recommend easing rules for commodity derivatives, sources say
The panel will recommend lifting a ban on derivatives trading in seven agricultural commodities including paddy, wheat, crude palm oil
India's efforts to diversify trade across geographies and sectors is paying off: Commerce Secretary
Indias Commerce Secretary Rajesh Agrawal said the countrys exports have remained resilient despite global economic challenges, supported by diver
Shakti Pumps shares gain 40% in just 4 days. What's fuelling the rally?
Shakti Pumps shares surged for the fourth consecutive day, driven by multiple large solar pump orders across Maharashtra, Jharkhand, and Madhya P
How forex volatility is quietly rewriting global portfolio strategies
As global investing expands, currency swings are increasingly shaping portfolio outcomes. From Indian investors in US assets to global funds navi
Healthy scepticism in AI stocks presents selective opportunities: Anurag Singh
Investors are reassessing dominant themes like AI, finding comfort in resilient US economic fundamentals and a selective outlook for India. While
HSBC Composite PMI slips to 58.9 in December as business growth slows
The December reading pointed to the softest growth in business output since February, but it continued to signal a steep expansion across the pri
National Herald Case: Delhi Court Refuses To Take Cognisance Of ED Chargesheet Against Gandhis
New Delhi, Dec 16: A court here on Tuesday refused to take cognisance of the Enforcement Directorates money laundering charge against Congress le
Axis Bank shares tumble 4% as Citi Research sees no upside, reiterates Neutral stance
Axis Bank shares slid up to 4% after Citi Research reiterated a Neutral rating with a Rs 1,285 target, indicating no upside. While margins are ex
Nasdaq is proposing to extend stock trading hours to nearly 23 hours a day, five days a week, seeking regulatory approval. This move aims to cate
IITian Vidit Aatrey joins billionaire club as Meesho shares rocket 74% from issue price
Meesho Ltds shares surged more than 74% from their issue price days after listing, lifting co-founder Vidit Aatrey into the billionaire club as i
Bitcoin and Ethereum fell 4.62% and 6.93% respectively amid heavy liquidations, with BTC at $85,507 and ETH at $2,904. The global crypto market c
Rupee falls against U.S. dollar in early trade
The rupee settled at a new all-time low against the U.S. dollar, weighed down by uncertainty over an India-U.S. trade deal and persistent foreign
Elon Musks fortune breaks the $600 billion mark as new SpaceX valuation ignites wealth surge
Elon Musk has reached a new financial milestone. His net worth has crossed $600 billion for the first time. This surge is thanks to a fresh valua
Stock markets decline during early trade
Sensex and Nifty dragged down by persistent foreign fund outflows and weak global market trends that dented investors' sentiment
Gold price prediction today: Gold prices are poised for a rise, supported by a weak rupee and a dovish Federal Reserve. Despite some volatility,
Meesho co-founder Vidit Aatrey enters billionaire club
Vidit Aatrey, the co-founder and CEO of Meesho, has officially become a billionaire.
India's private sector growth hits 10-month low as year ends on softer note, PMI shows
India's private sector activity slowed in December, reaching its weakest point in ten months. New orders declined, impacting both manufacturing a
As China tightens grip, German wind majors look to India for rare earth magnets
With China controlling most rare earth magnet supplies, German offshore wind players are in early talks to assess Indias manufacturing potential.
Japan bonds drift ahead of US jobs data, BOJ policy meeting
Japanese government bonds saw little movement on Tuesday. Investors are waiting for crucial U.S. jobs figures and a Bank of Japan policy decision
Flipkart gets NCLT nod to shift domicile to India, moves closer to IPO
The approval allows the amalgamation of eight Singapore-incorporated entities with India-based Flipkart Internet. The combined entity will be cal
Delhi govt directs schools to shift to online mode up to class-5 as air quality deteriorates
Physical classes for students from nursery to Class 5 have been discontinued across all government, government-aided and unaided private recognis
India bonds search for direction, state debt auction may provide some clues
Indian government bonds held steady as investors awaited key state debt sales and the central bank's bond purchases for direction. The benchmark
US Fed move: Reserve management or quantitative easing?
Liquidity injection may not be positive for Indian markets in terms of FII flows
Wealth creation surges in India as global HNIs embrace new investment themes
2025 marked a transformative year for global wealth, driven by next-gen investors, expanding family offices, and rising alternative assets. India
Meesho shares zoom 13% to fresh peak; market cap tops Rs 85,000 crore
Newly listed Meesho shares rose sharply to a fresh high, pushing the company's market capitalisation past Rs 85,000 crore despite weak broader ma
PSU banks still have room to run, but selectivity is key: Mayuresh Joshi
PSU banks are poised for continued growth, with market participants confident the rally is far from over despite near-term challenges. Valuations
Musk's net worth hits $600 billion as SpaceX preps for IPO
Musk, who was the first to surpass $500 billion in net worth in October, owns an estimated 42% stake in SpaceX, which is preparing to go public n
Markets open lower on rupee weakness, global headwinds; metal stocks lead declines
The Sensex opened at 85,025.61, down 435.91 points (0.51%) at 84,777.45. The Nifty 50 opened at 25,951.50, down 124.60 points (0.48%) at 25,902.7
India-focused companies remain best bets in lacklustre market phase: Deepak Shenoy
Indian stock markets are in a holding pattern. Valuations are high, and investors await clearer signs of earnings growth. Rate cuts offer a posit
Affront to non-Hindi speaking people: Chidambaram slams use of Hindi words in bills' names
Senior Congress leader P Chidambaram slammed the Union government increasing practice of using Hindi words, written in English script- in the tit
Fertiliser stocks surged as Finance Minister Nirmala Sitharaman assured no shortage of urea for the current rabi season. The government has rampe
Despite a challenging year for the IT sector, with many stocks experiencing significant declines, foreign institutional investors (FIIs) have str
SC to TN govt: See Navodaya schools as opportunity, not imposition
Hearing Tamil Nadus challenge to a Madras High Court order, the court said the focus should remain on improving access to quality education for r
India seeks WTO consultations with EU on ferroalloy safeguards
India has requested World Trade Organization consultations with the European Union. This follows the EU's decision to implement safeguard measure
Italy scientists develop 3D-printed snacks using lab-grown plant cells
Led by ENEAs Nutri3D project, the initiative aims to preserve taste and nutrition while addressing challenges such as shrinking arable land and c
IPL mini-auction : 369 players up for grabs, 237.55 crore at stake
A total of 369 players will go under the hammer, including 251 Indian and 118 overseas cricketers
SEBI acts against finfluencer Baap of Charts, seeks 18cr recovery
The Securities and Exchange Board of India (SEBI) has initiated recovery proceedings against Mohammad Nasiruddin Ansari, the owner of 'Baap of Ch
Adani Power shares could rally up to 30%, says Antique Stock Broking, which has initiated coverage with a Buy rating. The brokerage cites a stron
Risk-off 2025 brings largecaps back on top after two-year hiatus; what does 2026 hold?
Large-cap stocks are poised to finish 2025 as top performers, outshining mid and small-cap peers and reaffirming their safe-haven status. This ye
IndiaChina cooperation could transform Asia, global economy: Jim ONeill
IndiaChina economic cooperation could be transformational for Asia and the global economy, says former Goldman Sachs chief economist Jim ONeill.
Gold and silver prices eased in early trade after a record rally, with MCX gold February futures falling 456 to 1,33,674 per 10 grams and silver
LiDAR tech pioneer Luminar files for bankruptcy amid legal woes
Luminar, a leading manufacturer of light detection and ranging (LiDAR) systems, has filed for Chapter 11 bankruptcy.
IPL 2026 set to kick off on March 26, final to be played on May 31
IPL auction to take place today (December 16) in Abu Dhabi
Rupee falls to fresh low! Currency continues downward streak; reaches 90.83 against US dollar
The Indian rupee continued its decline, hitting a new intra-day low of 90.83 against the US dollar on Tuesday. Persistent foreign fund outflows a
India's record Rs 2 lakh crore IPO pipeline for 2026 comes with a listing day warning
India's IPO market is set for a massive year in 2026. A record number of companies are preparing to list, with a fundraising pipeline exceeding R
Sebi launches Rs 18 crore recovery proceedings against Baap of Charts finfluencer, others
Market regulator Sebi has initiated recovery proceedings against finfluencer 'Baap of Charts' (Mohammad Nasiruddin Ansari), Rahul Rao Padamati, a
Sensex falls over 400 pts, Nifty below 25,950 as US trade deal uncertainty drags
Indian stock markets opened lower today. The Sensex and Nifty declined, continuing yesterday's trend. Foreign investors are selling shares. The I
Nifty to trounce S&P 500 in 2026 comeback, predicts BofA's Amish Shah but 4 major threats loom
BofA predicts Nifty will trounce the S&P 500 in 2026 with an 11-12% surge, reversing a tough 2025. This optimism is fueled by improving earnings
Chennai-Vijayawada Vande Bharat extended to Narsapur
The extended services will have halts at Gudivada Junction, Bhimavaram Town and will terminate at Narasapur
Kaynes Technology among 5 F&O stocks with a sharp rise in futures open interest
As of December 15, five stocks in the NSE F&O segment witnessed a sharp rise in futures open interest, signalling increased derivatives activity
ICICI Prudential AMC IPO Day 3: GMP at 14%; issue subscribed over 2x. Check brokerage views
ICICI Prudential AMCs IPO entered its final day of bidding amid strong investor interest, supported by a firm grey market premium. Robust demand
Tesla board made $3 billion via stock awards that eclipsed tech peers
The analysis found CEO Elon Musks brother Kimbal has earned nearly $1 billion since 2004, based on the appreciated value of stock options held or
Rupee rout dims hopes of a strong recovery in Indian stocks
India's equity market is feeling the heat as the rupee hits record lows, raising concerns about the ongoing economic recovery. Foreign investors
India officials say Russia oil imports to drop on tighter checks
The stricter checks come as New Delhi tries to clinch a broader trade deal with the US, which slapped 50% tariffs on all Indian goods in August
Citi picks Infosys and HCL Tech over other large-cap IT stocks as recovery remains slow
Citi has maintained a cautious view on the IT services sector, citing a slow and uncertain recovery in demand. Within Indian IT, the brokerage pr
Inox Wind shares in focus on second order win in 2 days. Check details
Inox Wind's shares are expected to see activity following a new 100-MW order from Jakson Green. This follows a recent 102.3-MW order from ABREL E
NBCC, GMDC and 4 other stocks that flash bullish signals, indicating possible uptrend
6 stocks in the Nifty200 pack appeared on the bullish scanner of White Marubozu, according to stockedge.com's technical scan data.
2025 was a breakout year for Indian real estate; 2026 looks even stronger: Aman Sarin of Anant Raj
India's real estate sector experienced a strong breakout in 2025 with record residential sales and stabilizing commercial demand. Driven by end-u
Insurance stocks may remain in focus as the government moves to introduce the Sabka Bima Sabki Raksha Bill in Parliament. The proposal to allow 1
Trump sues BBC for $10 billion over editing of his Jan 6 speech
The 33-page lawsuit filed Monday accuses the BBC of broadcasting a false, defamatory depiction of President Trump to interfere in the 2024 US pre
Top stocks to buy today: Stock market recommendations for December 16, 2025 - check list
Stock market recommendations: Mirae Asset Sharekhan's Somil Mehta suggests buying Union Bank of India, UPL, and Britannia Industries today, Decem
OpenAI hires veteran Google executive as corporate development VP
OpenAI on Monday confirmed that it has appointed Albert Lee, senior director of corporate development at Google
Texmaco Rail shares in focus on winning Rs 132 crore wagon supply order
Texmaco Rail shares: The company's JV, Touax Texmaco Railcar Leasing, bagged a 132 crore domestic order to supply a rake of BLSS and BVCM wagons.
Japan's Nikkei falls 1% as AI stocks slip ahead of US jobs data
Japan's Nikkei index fell over 1 percent on Tuesday. This decline was driven by losses in chip and AI-related stocks. Investors are adopting a ca
Biocon among 5 stocks showing bullish RSI upswing
Five Nifty200 stocks showed improving momentum on December 15 as their RSI moved above the 50 mark, indicating early accumulation. The rising RSI
Why were IndiGo operations disrupted? | Explained
Why were there planning gaps in rostering pilots for IndiGo flights? How many passengers were affected by the flight delays and cancellations? Wh
Ford is significantly altering its EV strategy, scaling back large electric models like the F-150 Lightning due to unmet demand and rising costs.
Tata Motors PV Share Price Live Updates: Tata Motors PV's performance under scrutiny
Adani Ent Share Price Live Updates: Adani Enterprises faces negative returns
Tata Steel Share Price Live Updates: Tata Steel's Market Performance
IndusInd Bank Share Price Live Updates: IndusInd Bank's impressive quarterly return signals growth
Jio Financial Services Share Price Live Updates: Jio Financial Services struggles with returns
Bajaj Finserv Share Price Live Updates: Bajaj Finserv sees negative returns over three months
ICICI Bank Share Price Live Updates: ICICI Bank's recent returns indicate challenges
HDFC Bank Share Price Live Updates: HDFC Bank's 3-Month Return Analysis
SBI Life Share Price Live Updates: SBI Life's growth trajectory reflected in quarterly returns
