12 C Business News
Text view
ED to file FIR against 970 crore fraud kingpin for laundering
The Enforcement Directorate is preparing to file a money laundering case against Ponzi scheme fraudster Ravindranath Soni, accused of defrauding
Commodity trade entry by banks, insurers on table
Sebi is collaborating with RBI and the insurance regulator to allow banks and insurance companies to participate in commodity derivatives markets
GST notice: UltraTech Cement gets Rs 782 crore notice; company says it will contest
UltraTech Cement faces a significant Rs 782.2 crore GST demand notice from authorities for alleged short payment and improper input tax credit us
Section 80G explained: CBDT issues FAQs on ITR donation deductions; what taxpayers should know
Taxpayers under the old regime can still claim deductions for charitable donations via Section 80G. New FAQs from the Income Tax Department detai
EU-Mercosur trade deal: Lula eyes January signing; EU farmer protests and member pushback delay pact
Brazilian President Lula da Silva expressed hope that the Mercosur-EU free-trade agreement will be signed in January, despite delays caused by op
IIFL Finance appoints ex-RBI Deputy Governor B. P. Kanungo as chairman
As chairman, Kanungo will lead the board in setting strategic direction, enhancing governance standards, and safeguarding the interests of shareh
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
Agnikuls $17 million fundraise signals maturing investor confidence in Indias space sector
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
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
Gujarat sees 5-fold rise in use of sex-sorted semen
The turning point came in 2024, when the Gujarat government cut the cost of one dose of sex-sorted semen to 50 from 300
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
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
The Nifty ended the week mildly lower, extending its sideways consolidation within the 25,70026,100 band amid falling volatility. With no clear b
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
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
Gold rates in India dip from record high. Will it rise or fall before Christmas?
Gold prices in India have slipped about Rs 1,300 from record highs ahead of Christmas as holiday-thinned global markets cap near-term momentum. E
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
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.
Global borrowing in euros rises nearly 20% in 2025 to record high, Dealogic data shows
Global borrowers are issuing a record amount of euro-denominated debt in 2025, a nearly 20% jump from last year, signaling a growing investor app
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
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
Infosys ADRs 40% spike linked to a izarre technical glitch, says report
Infosys ADRs surged as much as 40% on the NYSE before trading was halted twice, despite the company denying any material trigger. A Canada-based
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
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
India at centre of oil comeback as global clean energy transition plans drag
Forecasts show India is set to account for a significant share of global oil demand growth through next decade
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
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
Kotak Equities expects Indian stocks to perform better in 2026, driven by earnings recovery, improved domestic consumption, and a stable macro ba
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
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
$18 billion FII outflow may turn to zero in 2026: BofA's Amish Shah
Bank of Americas India research head, Amish Shah, has said the nearly $18 billion FII outflow seen in 2025 could fade in 2026. He expects Fed rat
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
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
Google Cloud lands deal with Palo Alto Networks 'approaching $10 billion,' per source
Palo Alto CEO Nikesh Arora was a longtime Google executive, serving as its chief business officer until 2014
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
