Business News
Wakefit Innovation Ltd fixes IPO price band at 185 to 195
The initial public offering (IPO) consists of a fresh issue of 377.1 and up to 911.8 crore of offer for sale at the highest price band
SoftBank's Masayoshi Son revealed he 'was crying' while selling Nvidia shares, a painful but necessary move to fund AI ventures like OpenAI. Desp
GOOD news for EPS-95 members: Minimum pension raised from Rs1,000 to ...
The government has confirmed that EPS-95 pensioners will receive a minimum monthly pension of Rs7,500, up from Rs1,000, addressing a long-standin
Sequential market share gains mask deeper yearly slide for Indian IT
Accenture continued to gain the most market share, at 75 bps year-on-year (y-o-y), followed by EPAM and Cognizant at 24 bps each
EPS 95 setback: Government cites EPS fund deficit; will the minimum Rs 1,000 pension stay unchanged?
EPS-95 pensioners hoping for a pension hike will likely be disappointed. The Labour Ministry confirmed an actuarial deficit in the Employees' Pen
Abakkus Mutual Fund to launch maiden NFO of flexi cap fund
The fund will build a portfolio from a universe of nearly 1,500 stocks using an in-house investment framework that focuses on Management track re
Bullion body IBJA sets up self-regulatory body to bring transparency to digital gold
IBJA has launched a self-regulatory division to bring governance, transparency and consumer protection to the fast-growing digital gold industry
Indian stock markets are poised for a constructive 2026, driven by an improving earnings cycle, strong domestic liquidity, and normalizing valuat
Govt approves upgradation of Numaligarh Refinery to Navratna CPSE
Finance Minister Nirmala Sitharaman has approved the upgradation of Numaligarh Refinery Ltd (NRL) to Navratna CPSE status, making it the 27th suc
he Supreme Court upheld SEBI's Rs 30 lakh penalty on Reliance Industries for failing to promptly disclose UPSI related to the Facebook-Jio deal,
The Prada Group on Tuesday announced that it has officially acquired luxury fashion label Versace in a deal worth $1.37 billion. With this move,
RTI data: Jagans chopper and aircraft bills cost Andhra Pradesh 223 crore in five years
The five-year expenditure included 87 crore on helicopters, 112.50 crore on fixed-wing aircraft, and 23 crore on crew handling, lodging and board
No proposal to raise FDI limit for PSU banks to 49%: MoS Finance
The government has stated it is not planning to increase the foreign direct investment limit in public sector banks. The current limit stands at
Trade reset: China issues rare earth licences; questions persist over wider access
China has issued new general export licenses for rare earth shipments, easing months of disruption caused by tighter controls. This move, followi
Airbus CEO studying December impact of latest problem after 'weak' November
He confirmed that the problem had hit deliveries in November but left open whether this would spill over to December as Airbus strives to reach a
Jammu & Kashmir GST Falls 14% in November; tourism, horticulture hit collections
The decline comes on the back of an earlier slide in October, pointing to a consistent slowdown in tax inflows.
Global trade takes a $2.6-trillion hit as tariffs surge; IndiaUS exports decline
WTO Director-General Ngozi Okonjo-Iweala warned that nearly 20% of world imports are now covered by post-2009 tariff actions, calling for urgent
AadhaarUAN seeding: EPFO says no further extension for mandatory linking to file ECR
AadhaarUAN seeding: There will be no further extension for mandatory Aadhaar seeding with UAN for filing of ECR (Electronic Challan cum Return),
Six midcap stocks, including Hitachi Energy India and GMR Airports, hit fresh 52-week highs despite a weak market, delivering up to 28% gains in
India's November palm oil imports rise as soyoil, sunflower oil buying drops
Higher palm oil imports by India, the world's largest buyer of vegetable oils, could help top producers Indonesia and Malaysia reduce their stock
Omaxe repays Rs 80 cr loans to SWAMIH fund
Realty firm Omaxe Group has repaid Rs 80 crore loans, including the interest amount, of government-backed stress fund SWAMIH.
India bonds rally on shortcovering, suspected RBI buying
Indian government bonds surged on Tuesday after better-than-expected state auction demand shored up sentiment and sparked short-covering, while s
Shocker! Start-up co-founder arrested at 1am after client's 'frivolous complaint'
Delhi-based warehousing start-up Wherehouse's co-founder Vaibhav Chawla was arrested, following what he described as a frivolous complaint by a c
Deepinder Goyal's wearable firm Temple plans to raise $50M
Temple, a wearable device firm founded by Deepinder Goyal, is in advanced talks to raise $50 million (around 450 crore).
Flying from Delhi or Mumbai? Get ready to pay more
Travelers flying from Delhi and Mumbai may soon have to pay more for their flights.
Will silver prices hit 2 lakh per kg this year?
The prices of gold and silver in India have witnessed a remarkable surge this year.
Why fast-fashion giants Shein, Temu are facing scrutiny in US
Fast-fashion giants Shein and Temu are under increased scrutiny in the US.
Govt continues to work towards mitigating US tariffs impact on exports
Indias aviation regulator (DGCA) has said Air India operated an Airbus A320 without a valid Airworthiness Review Certificate, flying it eight tim
Sensex tanks nearly 504 points and Nifty slips to 26,032 points
Stock markets declined due to selling in blue-chip bank stocks and Reliance Industries, and persistent foreign fund outflows
Investors who followed Michael Saylor's Bitcoin strategy are now facing heavy losses. Strategy Inc.'s stock has seen a sharp decline, causing lev
Gainers & Losers: Swiggy, Bajaj Housing Finance among 7 stocks in focus on Tuesday
Benchmark indices fell for a third straight session, with banks and financials weighing on sentiment ahead of the RBI policy. Several stocks saw
Anchor investors bid 80,000cr for Meesho IPO
Meesho, a leading e-commerce platform, has witnessed an unprecedented response from global and domestic investors for its upcoming IPO.
India Budget 2026: How a Union Budget is drafted, reviewed and presented in Parliament
This explainer breaks down how the Union Budget is built, why key dates matter, who does what at each stage, and what changes once Parliament app
Nifty at record high but midcaps lag: Rupen Rajguru reveals the smartest sectors to buy now
Indian markets are consolidating even as the Nifty hits fresh highs, with midcaps and smallcaps still lagging. Julius Baers Rupen Rajguru says th
Air India flies A320 without safety certificate; DGCA steps in
The aircraft has been grounded, and involved personnel have been de-rostered
UPI transactions jump 22% to hit 26.32 lakh crore in volume, shows November data
Total UPI transactions witnessed a 22% year-on-year rise in volume terms, reaching 26.32 lakh crore in November.
Ashok Leyland stocks hit 52-week high today: What's the reason?
Ashok Leyland's shares have hit a 52-week high today, extending a two-day rally that has surprised the market.
Merger of Star TV Productions with Jiostar in India complete
Reliance Industries has announced the successful merger of its subsidiary, Star Television Productions Ltd (STPL), with Jiostar, formerly known a
Banking, financial stocks lead selloff as Sensex tanks 500 pts, Nifty at 26,032
Among Nifty 50 components, Asian Paints, Dr Reddys and Maruti led gainers, while IndiGo, ICICI Bank, Reliance, HDFC Bank and Axis Bank were the m
Centre may cut capex to meet FY26 fiscal deficit target: Goldman Sachs
Direct taxes declined sequentially due to weaker income and corporate tax inflows, while GST revenues contracted following recent rate cuts.
Parliamentary panel moots advance ruling mechanism in IBC framework to tackle litigations
The panel, in its report, has also recommended setting up a transparent, online mechanism for issuing 'no dues' certificates and statutory cleara
VOC Port Authority awards 386 crore contract to Knowledge Marine for supply of electric tug
The contract includes operation and maintenance of the tug for 15 years
India's primary market is set for a massive year-end, with December poised to raise nearly Rs 30,000 crore from around 25 IPOs. Major listings li
Ditwah and Senyar lay bare need for BIMSTEC to crank up climate diplomacy
BIMSTEC can also pioneer a regional climate intelligence platform linking hydro-met agencies; river-basin authorities; and scientific institution
Mint Explainer | IIT job offers get creative, but can bonuses and clawbacks hold talent?
Companies are offering deferred pay, joining bonuses, clawbacks, and stock options to attract IIT graduatesbut will it be enough to keep them?
Cyclone Montha: The Andhra Pradesh government pegs total loss at 6,356 crore
Of the total estimated damage of 6,356 crore, around 902 crore qualifies for immediate relief and temporary restoration under NDRF guidelines, Na
Apple to resist govt's order to preload Sanchar Saathi app on iPhones, here's why
The government of India has confidentially ordered smartphone companies to preload their devices with the Sanchar Saathi app within 90 days. The
Rupee slumps 42 paise to close at all-time low of 89.95 against US dollar; hits 90/$ intra-day
Forex traders said multiple pressures, like foreign fund outflows from equities and lingering uncertainty over the Indo-US trade deal, are keepin
Rupee hits record low as outflows, trade limbo keep bearish bias intact
The Indian rupee fell to a record low on Tuesday, extending losses sparked by the absence of a trade deal between India and the United States, wh
Indias inland aquaculture output jumps 167% as Asia shifts from wild-caught to farmed fish
As marine capture fisheries stagnate across Asia, India has emerged as a key driver of the shift to farmed fish, with aquaculture now providing a
Meesho faces investor protest over anchor allotment to SBI Funds
Meesho's anchor book faced investor withdrawals after a significant allocation to SBI Funds Management, prompting other large funds to exit in pr
How is a credit score calculated? Key factors that impact your score
A credit score is shaped by payment history, credit utilisation, credit mix and inquiries, with disciplined borrowing and timely repayments helpi
Air India operated a 164-seater Airbus A320 on eight flights with an expired airworthiness license, posing a safety risk. The airline has suspend
Persistent and systemic challenges undermine IBCs full potential: Parliamentary committee
The Committee particularly took note of the fact that the slow admission of insolvency applications continues to impede rapid value realisation a
Malaysia Airlines increase Thiruvananthapuram-Kuala Lumpur service to daily flights
The increase in service will benefit passengers and tourists from Kerala as there is ample connectivity from Kuala Lumpur to various parts of the
SC questions Rohingyas legal status, asks if intruders deserve a red carpet welcome
The court said the central issue is whether Rohingyas are refugees or illegal entrants, as this determines their rights and deportation procedure
Insurance firms cut stakes in these 10 Largecap stocks during September quarter
Insurance firms cut their holdings in several NSE largecap stocks from June to September 25, signalling cautious sentiment or portfolio rebalanci
Varaha, Kellanova launch insetting corn regenerative project for small holder farmers inMaharashtra
The project marks India as a key geography for Kellanovas global sustainability agenda, reinforcing its commitment to climate action and regenera
India in a 'sweet spot', GDP growth to grow over 7% this fiscal: FICCI President
Goenka also said that the chamber's focus for the coming year would be to increase the share of the manufacturing sector in the GDP from its curr
Omaxe clears 80 crore SWAMIH loan, giving big push to housing projects
In a statement on Tuesday, Omaxe said it had made full repayment of the loans availed from SWAMIH fund in two projects at New Chandigarh and Pray
22, 24 carat Gold prices down across Indian cities on December 2
Indian armed forces evaluating our UAVs: Parth Jindal
Stone laid for $90 million UAV manufacturing facility
House panel asks govt to revive Durgapur, Haldia, Korba urea plants to meet demand
Government says any decision on these three units hinges on demand-supply gap after five revived plants become fully operational
Russia's Putin seeks to boost energy, defence exports with India visit
On his first visit in four years to the Indian capital for a summit with Prime Minister Narendra Modi, Putin will be accompanied by his defence m
Bajaj Finance, HDFC Bank, 4 others among Axis Securities top largecap picks for December
Niftys sharp 1,500-point rebound since October 2025 pushed it to record highs, supported by strong earnings, stable macros and improving sentimen
India, Russia working together to boost New Delhi's exports, says Kremlin
India and Russia are collaborating to boost New Delhis exports, according to Kremlin spokesperson Dmitry Peskov. While Russia continues to be a k
NHAI signs pact with Reliance Jio to deploy telecom-based safety alert system across NH
The initiative aims to strengthen road safety by providing timely information to National Highway users, enabling them to adjust speed and drivin
Niftys rally lacks depth; mid- and smallcaps still expensive, says Mahesh Patil
Mahesh Patil of ABSL AMC says Indias earnings momentum is set to strengthen as consumption improves, rate cuts trickle in, and FIIs return. While
Swiggy plans 10,000cr share sale next week
Indian food delivery giant Swiggy is gearing up to raise as much as 10,000 crore (approximately $1.1 billion) from institutional investors.
AI stock rally may be driven by fear of missing out, but strategists say hold tight
The European Central Bank on Wednesday warned of high valuations and increased concentration of global stocks. AI stock rally may be driven by fe
Emmvee Photovoltaic jumps 10% to a new high on strong Q2 earnings
The Bengaluru-based renewable energy companys consolidated net profit for the quarter ended September 2025 zoomed over 5 times to 237.86 crore fr
Tesla CEO Elon Musk bats for H-1B visas, says tariffs distort markets
Tesla CEO raises concerns over Trump's tariff policy and says he does not support closing of the H-1B visa program. Tesla CEO Elon Musk bats for
RBI likely to cut repo rate by 25 bps in December: Report
Kolkata: The RBI could announce a 25-basis point repo rate cut in its upcoming December monetary policy meeting, driven by a sharp decline in inf
Upasana Chachra highlights FII outflows, trade uncertainty behind rupee weakness
The Indian rupee is experiencing significant pressure and hitting record lows, primarily due to weak capital flows, including foreign portfolio o
Nifty set for fresh uptrend, says Motilal Oswal. Here are 4 catalysts, 25 stocks to buy
Motilal Oswal sees the Nifty entering a fresh uptrend after its record high, backed by stronger earnings, supportive policy measures, firm DII in
India in a 'sweet spot', GDP growth to top 7% this fiscal year: FICCI President
India is poised for sustained growth exceeding 7% this fiscal year, driven by strong macro fundamentals and ongoing reforms, according to new FIC
S&P Global Ratings upgrades outlook on Vedanta Resources to 'positive' from 'stable'
S&P Global Ratings has upgraded Vedanta Resources' outlook to 'positive' from 'stable', affirming its 'B' rating on senior unsecured notes. This
Gold prices rally Rs 8,500 to climb back to Rs 1.3 lakh. How close is the Rs 1.5 lakh target?
Gold has rebounded sharply, rising over Rs 8,400 in two weeks to reclaim the Rs 1.3 lakh level, driven by Fed rate-cut hopes, a weaker dollar, an
Despite new highs, momentum missing in market: Vinay Rajani
The Nifty slipped below key support levels on Tuesday after a brief all-time high, with analysts noting a lack of midcap and smallcap participati
How to pick winning stocks: Balancing Growth vs Valuation | Golden Thumbrule with Anand Shah EP 12
Hedging against India rupee weakness turns costlier as 90/USD looms
Hedging against the Indian rupee's weakness became costlier on Tuesday with the currency nearing the 90 mark, reflecting heightened concerns abou
IndiGo Kuwait-Hyderabad flight makes emergency landing in Mumbai due to bomb threat
The flight 6E1234, operated by an Airbus A321neo aircraft, landed safely at 7:45 am
Indonesia to maintain presence in global bonds issuance, official says
Indonesia will maintain its presence in the issuance of global bonds next year, including Kangaroo and Dim Sum bonds, a Finance Ministry official
Why Starbucks will pay $35M to over 15,000 NYC workers
Starbucks has agreed to pay some $35 million to settle claims from over 15,000 New York City workers.
Mumbai-based Powerica wants to raise 1,400cr via IPO
Mumbai-based Powerica has secured the final approval from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO)
Bajaj Housing Finance stocks crash 9%: Here we decode why
Bajaj Housing Finance's shares have taken a major hit, falling over 9% to 95.26 per stock in today's trading session.
Vodafone Idea shares jump 4% today: What's the reason?
Vodafone Idea's shares jumped almost 4% in intraday trading today, amid expectations of relief on adjusted gross revenue (AGR) dues.
Sunil Singhania-backed Emmvee Photovoltaic surges 10% as Q2 profit rockets 578% YoY
Emmvee Photovoltaic rose sharply on Tuesday after the company reported a stellar Q2FY26 performance, with net profit jumping 578% YoY to Rs 238 c

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