Business News
SEBI approves 10,000 crore IPO of ICICI Prudential AMC
ICICI Prudential AMC is Indias largest active mutual fund manager with 13% market share and 8.79 lakh crore in quarterly average AUM as of March-
Bombay HC throws out petitions against WeWork India IPO nod
Court imposes 1-lakh cost on one petitioner; relief for coworking operator as listing plan moves ahead
India's IPO market is buzzing with activity, with nearly two dozen companies set to launch public issues soon, potentially raising Rs 40,000 cror
India's FDI inflow rise 18% to USD 35.18 bn in Apr-Sep; inflows from US double
India's Foreign Direct Investment rose over 18% in the second quarter (April-September), amounting to $35,180, as per government data released on
Exports buoy agrichem firms, revenue growth seen consolidating to 6-7% in FY26: Crisil
The industrys return to its long-term growth range of 8-10% next fiscal year will depend on whether exports sustain the current momentum and dome
Tamil Nadu CM MK Stalin inaugurates Wonderlas 611 crore Chennai park
Spanning 65 acres and comprising of 43 rides across, the park can entertain up to 6,500 visitors everyday
Baashyaam Group acquires Standard Chartered Bank property at Haddows Road, Chennai for 1,212 crore
The land value, including registration costs, is estimated at around 1,212 crore
Sugar production up 50% in OctNov; millers seek higher export quota
As of November 30, as much as 486 lt of sugarcane was crushed against 334 lt a year ago
Banks can't rely on service providers' assurance: RBI deputy guv on technology outsourcing
RBI deputy governor Swaminathan J. urges lenders to gain a deep understanding of the technology, control environment, and the concentration risk
Govt to sell up to 6% stake in Bank of Maharashtra, aims to garner Rs 2,600 crore
The government will divest up to 6% of its stake in Bank of Maharashtra through an Offer for Sale, aiming to raise approximately Rs 2,600 crore.
GST Rationalisation: 260/Tonne average reduction in price of coal supplied to Power sector
The revision in GST has rationalized the tax burden across various coal grades, as the previous GST regime led to higher effective tax incidence
Nine BSE 100 stocks climbed to their 52-week highs, touching their best levels in a year. Such breakouts are seen as bullish signals, indicating
We will infuse 1,000 crore over the next 3 years: Rainbow Childrens Medicare CMD Ramesh Kancharla
Kancharla talks about the 25-year-old journeyof the hospitaland the road ahead
During the Winter session of Parliament, Finance Minister Nirmala Sitharaman introduced Bills to impose a cess on tobacco and tobacco products.
As MHA strips Ladakh of financial powers, leaders say move aimed to tighten control
Under the new system, all such approvals will be exercised directly by the MHA.
PE-VC investments remain flat in November despite spike in late stage investments
The 16 late stage deals this month accounted for a total of $1.6 billion in investments up from the $464 million across 12 deals in November last
Tata Motors strengthens lead as Indias EV demand softens
Vietnams Vinfast, the recent entrant in the Indian EV cars space, is making rapid strides in the Indian electric cars market.
Bajaj Finance to sell 2% stake in Bajaj Housing Finance in block deal: Report
Bajaj Finance may offload a 2% stake in Bajaj Housing Finance via a block deal at a 9% discount. The stock remains oversold despite solid Q2 prof
Union Mutual Fund to launch SIF in Feb under Arthaya
We have already received initial approval from SEBI and the first fundan equity long-short strategywill be launched by February, says Madhu Nair,
India bonds skid to over two-month low on rupee slide, rate-cut doubts
Indian government bonds slipped on Monday, with the benchmark note closing at its lowest in more than two months, as robust economic growth data
Indias factory output slows to 0.4% in October, lowest in 13 months
Manufacturing grew 1.8 per cent, while mining and electricity contracted by 1.8 per cent and 6.9 per cent, respectively
LTTS unveils AI-powered lung diagnostics platform with NVIDIA
The platform integrates with CT imaging and uses deep learning models to create 3D digital twins of lung anatomy, visualising airways, blood vess
Gainers & Losers: Lenskart, Wockhardt among 6 stocks that were in focus on Monday
Indias strong 8.2% Q2 GDP briefly lifted markets to new highs before pharma and financial weakness dragged indices lower. Lenskart, Hyundai, Wock
Markets slip from record highs as profit-booking erases GDP-fueled rally
Among sectoral indices, Nifty Auto, Metal, IT, and PSU Bank displayed strength, while Realty, Healthcare, and Pharma indices closed in the red
Success through synergy: RBI Deputy Governor warns of rising risks, calls for stronger collaboration
Addressing the Standard Chartered Bank's annual flagship event, Success Through Synergy, the RBI DG emphasized that collaboration, not competitio
8th Pay Commission BIG Update: Will DA/DR merge with basic pay? Here's what Finance Minister said
8th Pay Commission latest updates: The Union Minister of State for Finance Pankaj Chaudhary on Monday said that the union government has notified
Are gifts from NRIs to resident Indians taxable?
Under Indian income tax law, a transfer of property between specified relatives qualifies as an exempt transfer and therefore does not trigger ca
Watch: Fugitives Lalit Modi, Mallya party at London's high-end club
Former Indian Premier League (IPL) chief Lalit Modi recently celebrated his 63rd birthday with a lavish party in London.
Global arms sales surged to record $679B last year
The world's top 100 defense companies raked in an estimated $679 billion in sales last year, a new report by the Stockholm International Peace Re
Consumer electronics firm Atomberg is planning $200M IPO in India
Atomberg Technologies, a consumer electronics company backed by Temasek Holdings, is considering an initial public offering (IPO) in Mumbai. The
Why Japan's top property developers are betting on India
Japan's leading property developers, including Mitsui Fudosan and Sumitomo Realty, are intensifying their investment efforts in India's real esta
Solapurs farmer-producer company exports bananas to Dubai
Shipment facilitated in partnership with Pure Planet India Pvt Ltd
Industrial output growth at 13-month low of 0.4% in October
The factory output, measured in terms of the Index of Industrial Production (IIP), had expanded by 3.7% in October 2024
Andhra Pradesh spent 51,000 crore on pensions in 18 months, says CM Naidu
He said the state will allocate 1.6 lakh crore for pensions over the next five years. Naidu highlighted other welfare measures, including the Str
Granules India opens two CoEs at IIT Hyderabad
The Center brings advanced analytical and process development capabilities in-house and will work in collaboration with our Swiss-based R&D facil
Rupee falls 8 paise to close at 89.53 against U.S. dollar
Forex traders said the sustained weakness in the rupee is primarily attributable to a widening trade deficit, the delayed India-U.S. trade deal,
Prices rule steady at Coonoor tea auctions on blenders, upcountry buying
Lower production in North India due to winter has led to firm enquiries
Gupta says he doesnt know where Trafiguras nickel millions are
Gupta, testifying at a London trial for a second day, faced a series of questions about the whereabouts of the funds he received as part of the T
Telangana CM urges HUDCO to grant loans at low interest rates
Hyderabad: Telangana chief minister A Revanth Reddy on Monday, December 1 urged the Housing and Urban Development Corporation Limited(HUDCO) chai
Tata Motors shares rise 4% after impressive November sales. Check details
Tata Motors commercial vehicle business surged on strong November sales, posting 29% YoY growth driven by broad-based domestic and export demand.
India picks up non-sanctioned Russian oil as discounts widen
The purchases confirm a cautious return to Russian oil among some Indian refiners, though overall spot purchases remain limited as refiners asses
Maruti warns small cars face wipeout if emission norms turn unscientific
Maruti Suzukis Executive Director of Corporate Affairs took a swipe at Tata Motors and Mahindra for calling the proposed weight-based emission ex
More than two lakh private companies have shut down in India over the last five years. This includes companies closed due to amalgamation, conver
Data check: October IIP slows to 0.4% versus 4% in September; check details
India's industrial output saw a slowdown in October 2025, registering a mere 0.4% growth compared to 4% in September. This dip is attributed to f
Indias industrial output rises 0.4% in October: IIP
Fewer working days, extended monsoon and cooler temperatures reduced electricity demand, adding to the overall weakness in the output
Black Friday boost: Online sales in India jump 27%; FMCG, beauty & personal care leads growth
Black Friday sales in India surged 27% this year, driven by strong performance in healthy food, beauty, and home categories. The global shopping
LICs Adani exposure follows strict SoPs, FM tells Lok Sabha
She said LIC invested in several Adani companies strictly as per its board-approved SOPs, due diligence processes and regulatory norms under IRDA
Silver futures surged to new highs on the MCX, driven by anticipated US Fed rate cuts, a weaker dollar, and strong industrial demand. Experts see
Rupee falls 8 paise to close at 89.53 against US dollar
MUMBAI, Dec 1: The rupee depreciated 8 paise to close at 89.53 (provisional) against the US dollar on Monday, fuelled by strong market demand for
ChPA Dy chairperson Viswanathan gets additional charge as chairperson
This is after Sunil Paliwal relinquished the charge of Chairperson, ChPA, with effect from November 30
India's industrial output slows to 0.4% in Oct from 4.6% in Sept
India's industrial output saw modest growth of 0.4% in October 2025. This slowdown was attributed to fewer working days and festivals. Mining and
Jitendra Sriram on why earnings stability, not euphoria, will drive the next leg of Indias rally
Indias markets hover near record highs as earnings stabilise and macro indicators strengthen. Baroda BNP Paribas MFs Jitendra Sriram says financi
Rage bait named Oxford University Press word of year as outrage fuels social media traffic in 2025
Rage bait topped two other contenders aura farming and biohack after public comment on a shortlist compiled by lexicographers at Oxford Univers
Despite a 27% decline in 2025, Anand Rathi sees Premier Energis as a strong buy, projecting 37% upside. Growth is driven by high-efficiency solar
22K & 24K gold price today, December 1, 2025 across Indian cities
Patel Engineering to use 500 crore rights issue for major debt reduction
With a 15,000-crore order book and over 34,000 crore in bids under evaluation, the company aims to strengthen its balance sheet ahead of the next
Tilaknagar Industries closes 3,442-crore Imperial Blue acquisition
Acquisition gives Tilaknagar access to Indias third-largest whisky brand by volume
FM says Finance Ministry does not advise LIC on investments, Adani investments as per SOPs
Finance Minister Nirmala Sitharaman told Lok Sabha that the government does not direct LICs investment decisions, stressing that LICs investments
Need to further expand footwear business to boost exports: President Murmu
President Droupadi Murmu, addressing the convocation ceremony of Footwear Design and Development Institute, said huge opportunities are there for
Rupee hits all-time low, holds above 90/USD mark with central bank help
The Indian rupee slid to a record low on Monday, pressured by maturing non-deliverable forward positions alongside a persistent bearish pall on t
EPFO disposes 99% of higher pension applications under EPS 1995
Over 4.27 lakh demand letters were issued, of which 34,060 were later found ineligible
Market Wrap: Sensex settles 65 pts lower, Nifty flat after hitting fresh peaks
India's robust 8.2% Q2 GDP growth initially propelled markets to record highs, with the Nifty and Sensex touching new peaks. However, a late pull
Black Friday sales up 27%, fired up by healthy foods, beauty, home categories: Unicommerce
This year, Black Friday fell on November 28, although the flow of deals and discounts continues all the way to Cyber Monday, an online-led shoppi
10 Midcap stocks trading below their industry average PE; potentially undervalued
Top 10 NSE Midcap stocks with PE ratios below their industry averages, including LIC Housing Finance, Bank of India, Hindustan Petroleum, ACC, an
Silver futures hit record high on weak dollar, Fed rate cut hopes
New Delhi: Silver futures surged by Rs 3,668 to a fresh record high of Rs 1,78,649 per kilogram while gold prices climbed to Rs 1,30,550 per 10 g
EPFO disposes of nearly 99% of higher pension application, says Labour Min
The Employees' Provident Fund Organisation has processed almost all applications for higher pensions under the Employees' Pension Scheme 1995. Th
GST collection rises at slower pace of 0.7% to 1.70 lakh cr in November
Gross Goods and Services Tax (GST) collection was over 1.69 lakh crore in November 2024
MV Electrosystems files DRHP to raise Rs 290 crore via IPO
Of the proceeds, Rs 180 crore will go toward long-term working capital and Rs 21 crore toward research, design and development of new power elect
European shares decline after November's gains as industrial stocks weigh
European shares slipped on Monday, with defence stocks and planemaker Airbus weighing down industrials, as a wave of risk-averse sentiment swept
MV Electrosystems files draft papers for Rs 290-cr IPO
MV Electrosystems, which manufactures electrical and power electronics equipment for railway rolling stock, has filed preliminary papers with mar
Lok Sabha has allowed time till the last day of the Winter session for report on the Insolvency bill, and end of second week of session for Jan V
Your attention is the new currency for India's streaming apps.
Metrics such as total time spent by users on a platform, time spent per session, content completion rates, and user interactions, including likes
Hyundai Motor India shares rise 4% on robust November sales. Check details
Hyundai Motor Indias shares rose up to 4% after the automaker reported strong November 2025 sales. Total volumes grew 9.1% YoY to 66,840 units, s
Gross GST collections for November stand at over Rs 1.70 lakh crore; up 0.7 per cent
LIC uses Ciplas dip as entry point, raises stake by 2% to 7.05%
LIC increased its stake in Cipla to 7.055% by acquiring 2.03% shares between July 17 and November 27. The purchase comes as Cipla trades near key
GST collection rose to 1.7 lakh crore
According to data made public on GST portal, collection from domestic sources was over 1.24 lakh crore, over 2% lower than corresponding month of
HUL-Kwality Wall's demerger soon: What shareholders need to know
Hindustan Unilever Limited (HUL) is preparing for the demerger of its ice-cream business, Kwality Wall's India (KWIL).
Animation meets mythology: Can Mahavatar Narsimha s 300 cr triumph spark change in Indian films?
Mahavatar Narsimha, an animated mythological film, grossed 300 crore without marketing, marking a shift in India's animation landscape.
Lok Sabha adjourns for the day; Bill on Manipur GST passed amid din
Several Opposition members trooped into the Well shouting slogans and protesting over SIR, as they have been demanding a debate on the issue
Telangana CM Revanth Reddy seeks loans from HUDCO for various projects
CM appealed to him to provide loans at low interest rates for the construction of prestigious projects, including the Bharat Future City, Hyderab
LPG prices to bank holidays: What's changing from December 1
As December 2025 begins, several changes are set to come into effect that could directly impact your finances.
India's gross GST collection in November tad up on year at Rs 1.70 lakh cr after sweeping tax cuts
India's Gross GST collections for the month of November stood at Rs 1,70,276 crore, up 0.7% year on year, according to government data released o
Rupee at lifetime low despite GDP boost. Is a steeper decline on the cards?
The Indian Rupee hit a record low of 89.73/$ in early December, despite strong 8.2% GDP growth in Q2 FY26. Weak FPI inflows, rising imports, trad
New labour codes: Paradigm shift in Indias employment regulation - but key is implementation
India's labour laws have undergone a major overhaul, consolidating 29 laws into four codes effective November 21, 2025. This reform aims to boost
Markets eye 25 bps cut as RBI MPC meet nears
December is shaping up to be a pivotal month, with traders positioning ahead of the RBIs upcoming policy decision that could influence the trajec
Why Meesho is pricing its IPO more conservatively
Meesho, the social-commerce platform, is gearing up for its much-anticipated stock market debut.
Bitcoin plunges sharply! Cryptocurrency drops below $86,000; weak demand, global risks hit sentiment
Bitcoin experienced a sharp decline, dropping below $86,000 as December began with renewed selling pressure across the crypto market. Ether and o
Govt simplifies approval process for exploration of coal, lignite
The new process does not require a go-ahead from the government panel set up in 2022 for this purpose

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