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Business / The Hindu Businessline

Swiggy plans 10,000 crore share sale next week

The Indian units of Citigroup Inc. and JPMorgan Chase & Co., as well as Kotak Mahindra Capital Co will manage the share sale

2 Dec 2025 1:26 pm
Modulus Housing bags $7.83mn in series A funding led by Kalaari Capital

The company reports that its operating revenue has gone up by 38 per cent to 54 crore in FY24 from 39 crore in the previous fiscal year

2 Dec 2025 1:03 pm
SRMIST crosses 500 granted patents

The universitys portfolio now includes patents like a photocatalytic process for green hydrogen generation, an automatic transmission switching system for hybrid vehicles and assistive technologies designed to support visually impaired users

2 Dec 2025 12:56 pm
Sensex falls over 440 pts, Nifty at 26,000 level; media & financials lead market fall

Asian Paints, Dr Reddys, NTPC, Jio Financial and Maruti led gainers of Nifty 50, while IndiGo, BEL, HDFC Life, ICICI Bank and HDFC Bank declined the most

2 Dec 2025 12:55 pm
Operation Sindoor remains in progress: Navy chief

The Navy chief said Operation Sindoor has put financial strain on Pakistan as significant number of merchant ships avoided travelling to that country following the hostilities

2 Dec 2025 12:35 pm
Need to ensure strong data confidentiality, effective use of shared info: Revenue Secy

He said jurisdictions globally must also adapt to new challenges, including digital economy taxation and crypto asset reporting frameworks, which will need both technical innovation and coordinated action

2 Dec 2025 12:29 pm
Diversification, investment cooperation key to $100-billion trade goal with India: Russian Deputy PM

Negotiations for a Free Trade Agreement have been launched, with the first round recently held in New Delhi, Russian First Deputy Prime Minister Denis Manturov said

2 Dec 2025 12:24 pm
NSE revises Nifty Bank Index: Adds Yes Bank and Union Bank in major revamp

According to the exchange statement, the Nifty Bank index will expand to a fixed 14 constituents, up from the previous maximum of 12

2 Dec 2025 12:18 pm
Jio-Facebook deal: SC rejects plea of RIL against 30 lakh SEBI fine

Court affirms that Reliance failed to promptly clarify media reports on the Jio-Facebook deal in 2020

2 Dec 2025 12:15 pm
Kochi to host 7th India International Seaweed Expo and Summit

The event will be organised by the Indian Chamber of Commerce, CMFRI and CSIR-Central Salt Marine Chemicals Research Institute (CSMCRI)

2 Dec 2025 12:10 pm
India's sugar output jumps 43% in Oct-Nov on strong Maharashtra performance

Production in Uttar Pradesh, the country's largest sugar producing state, reached 1.40 million tonnes through November, up from 1.28 million tonnes a year earlier

2 Dec 2025 12:09 pm
Vizhinjam Port likely to start gateway cargo operations by January 2026

Gate opening will pave the way for cargoes originating from South Indian to get direct connectivity to ports across the world

2 Dec 2025 11:59 am
Chennai pummelled as deep depression weakens, heads back to coast

More rain expected to wash over Even more rain of various amounts forecast for Tamil Nadu, Coastal Andhra Pradesh during the week

2 Dec 2025 11:46 am
Nomura projects Nifty rising to 29,300 by 2026 as growth recovers

Cites calmer geopolitics, a firmer macro backdrop and signs of a cyclical pickup to reinforce the case for higher valuations

2 Dec 2025 11:35 am
Meesho IPO opens tomorrow: Brokerages see strong long-term potential

The 5,421 crore IPO opens tomorrow, December 3, 2025, at a price band of 105-111 per share, valuing Meesho at 50,096 crore ($5.6 billion) and the IPO closes on December 5, 2025

2 Dec 2025 11:23 am
Arecanut imports from Bhutan, Myanmar hit Indian farmers

Raising this issue under Rule 377 in Lok Sabha on Monday, Captain Brijesh Chowta said these countries enjoy zero customs duty under Indias duty-free quota-free (DFQF) preferential trade scheme

2 Dec 2025 10:57 am
Chennai Metro train halts midway due to glitch, 20 passengers rescued

Normal operations resumed at 6.20 am, it said and regretted the inconvenience caused to the passengers.

2 Dec 2025 10:20 am
Crude oil markets react to impact of Ukraine strikes, Trumps Venezuela threat

At 9.57 am on Tuesday, February Brent oil futures were at $63.24, up by 0.11% and January crude oil futures on WTI were at $59.43, up by 0.19%

2 Dec 2025 10:19 am
WHO backs use of GLP-1 therapies for obesity, warns access will remain limited

The first conditional recommendation advises the use of GLP-1 drugs by adults, except pregnant women, for long-term obesity treatment, while the second suggests pairing these with a healthy diet and physical activity

2 Dec 2025 10:13 am
8.2% is impressive growth, India becoming more interesting country to invest in: German Ambassador

India's real GDP has been estimated to have grown by 8.2% in the July-September quarter of the current financial year 2025-26 over the growth rate of 5.6% in the same quarter of the previous fiscal

2 Dec 2025 10:08 am
Wockhardt shares extend rally as USFDA accepts NDA for antibiotic Zaynich

The surge comes after Wockhardt revealed on Monday that the USFDA has accepted the New Drug Application for Zaynich, antibiotic developed by the company

2 Dec 2025 10:02 am
Bajaj Housing Finance shares plunge 9% as promoters plans 2% stake sale

The stock hit a 52-week low of 94.90 on the BSE in early trade today; At 9.37 am, it traded 8.18% lower at 95.95

2 Dec 2025 9:47 am
Wakefit's 1,289-cr IPO to open on Dec 8; sets price band at 185-195/ share

The IPO of the Bengaluru-based company will conclude on December 10 and anchor investors will be allocated shares on December 5

2 Dec 2025 9:27 am
UK and US agree zero-tariff deal on pharmaceuticals

Under the deal, the US agreed to exempt UK-origin pharmaceuticals, pharmaceutical ingredients, and medical technology from import taxes, the officials said on Monday

2 Dec 2025 9:07 am
Indians combining gold jewellery purchases with investment buys, says IBJA official

Gold and silver appear structurally supported in the near term, though volatility in their prices will continue, says the association vice-president Aksha Kamboj

2 Dec 2025 9:00 am
Tea Board plans to boost awareness of Indian teas in UK

Invites bids from agencies to undertake the comprehensive digital and social media campaign

2 Dec 2025 8:30 am
Stock Market Live Updates today December 2, 2025: Stock to buy today: Granules India (568.70) BUY

Sensex, Nifty, Share Prices LIVE: The short-term outlook is bullish for Granules India. The rise on Monday has taken the share price well above the 21-Day Moving Average (DMA). It also confirms the end of the correction that was in place since mid-October this year. Strong support is around 550 which can limit the downside.

2 Dec 2025 6:41 am
Telangana to host friendly match with Lionel Messi; CM to flag off

Lionel Messi will visit Hyderabad on December 13 for the GOAT Tour to India 2025, where Telangana CM A Revanth Reddy is expected to kick off a friendly match marking the Congress governments second anniversary.

1 Dec 2025 10:39 pm
Pharma exports set for healthy growth as innovator drugs go off patents in five years: Pharmexcil Vice-Chairman

Says uncertainty involving exports to the US had ebbed a bit following commitments made by big pharma

1 Dec 2025 9:15 pm
Rupee at record low: Equity outflows and US deal delay hurt sentiment

The rupee hit a record closing low of 89.5475 per US dollar on Monday, pressured by the RBIs maturing positions in the non-deliverable forward market, persistent FII selling and delays in the IndiaUS trade deal

1 Dec 2025 9:08 pm
NITI Aayogs Ramesh Chand calls for gradual cut in farm emissions

He emphasised the need for rural women to gain direct access to markets, noting their growing workforce presence and higher productivity

1 Dec 2025 9:01 pm
To complying with SEBIs MPS norm: Govt to sell up to 6% stake in Bank of Maharashtra via OFS

As per SEBIs minimum public shareholding norm, listed companies should have at least 25 per cent public shareholding

1 Dec 2025 9:00 pm
62% of area under Indian rabi crops covered so far as wheat coverage gains 17%

Overall acreage of all crops up 10% as acreage of oilseeds, nutri-cereals and pulses also rises

1 Dec 2025 8:51 pm
Colder winter likely in central, north-west, peninsular regions during Dec-Feb, says IMD

Weak La Nia conditions to continue during December, before it turns to neutral phase in January-March

1 Dec 2025 8:45 pm
RBI receives highest complaints against private banks in FY25, annual ombudsman report shows

Overall, under the RB-IOS, 13.34 lakh complaints were received in FY25 versus 11.75 lakh in previous fiscal.

1 Dec 2025 8:33 pm
Gold gains 2,200 per 10 grams on firm global trend

Rising for the sixth consecutive session, spot silver gained 2 per cent to hit a lifetime high of $57.85 per ounce in the global markets

1 Dec 2025 8:27 pm
India-Canada trade pact: Negotiations likely to begin afresh as agenda more ambitious

The two are now eyeing a comprehensive pact as opposed to an interim deal when talks were suspended in September 2023

1 Dec 2025 8:19 pm
NCLT dismisses Brookfields 1,080 crore bid to acquire IL&FS Mumbai HQ

A spokesperson from Brookfield said that contrary to the argument by ILFS, NCLT has found that the LoI is a concluded contract between the parties. For the dispute over IL&FS unilaterally changing purchase consideration, it intends to pursue remedies including appellate avenues.

1 Dec 2025 8:17 pm
Airport Authority of India to roll out new air traffic messaging system, carry out audit of communication equipment

Will bring in greater efficiency and reliability in transmission of aeronautical messages such as flight plans and weather reports

1 Dec 2025 8:00 pm
Q2 current account deficit widens to 1.3% of GDP against 0.2% in Q1 FY26

Weak financial inflows and a drop in reserves contributed to the steep rise in the Q2 current account gap

1 Dec 2025 7:58 pm
AI-powered creative automation reshapes marketing costs, workflows, outcomes

Aditya Singh, Co-Founder & Partner at All in Capital, noted that investment in the sector is being driven by the dramatic fall in the cost and time required to create high-quality content.

1 Dec 2025 7:49 pm
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-end.

1 Dec 2025 7:47 pm
FinMin: Equity exposure of LIC to Adani Group firms less than 5%

Sitharamans clarification followed a report in The Washington Post, which claimed that Finance Ministry officials orchestrated a plan to steer LIC into investing in the Adani Group earlier this year

1 Dec 2025 7:42 pm
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

1 Dec 2025 7:39 pm
FDI into India rises 18% in AprilSeptember, US inflows more than double

Government data shows that inflows from the US more than doubled to $6.62 billion, making it one of the strongest contributors during the period

1 Dec 2025 7:30 pm
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

1 Dec 2025 7:23 pm
1 Dec 2025 7:17 pm
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

1 Dec 2025 7:16 pm