boAt financial gaps raise concerns before IPO
Discrepancies in lender filings and internal books raise concerns for the consumer electronics firm
Disney and OpenAI deal brings iconic characters to Sora
Fans can create AI-generated videos with Disney, Marvel, Pixar and Star Wars characters from 2026
IndiGo offers Rs 10,000 vouchers to passengers
Airline compensates travellers after December 3–5 flight disruptions left thousands stranded
IndiGo’s 10% cut barely trims flights
Airline’s winter schedule reduction results in only a 2.35% drop in actual operations
Aequs shares listed at 13% premium on day 1
IPO opened strong but missed grey market expectations, reflecting solid investor interest yet tempered enthusiasm
ICICI Prudential AMC IPO opens December 12
Offer-for-sale of ₹10,603 crore, price band ₹2,061–₹2,165
Neochem Bio shares spike 10% on market debut
IPO lists at ₹108, early investors see gains
Meesho IPO allotment done, listing on Dec 10
IPO subscribed over 70x as grey market premium stays near ₹40, raising hopes of strong listing gains
Trump approves Nvidia H200 AI chip sales to China
US allows exports of advanced AI chips, taking 25% of revenue
Mahindra & Mahindra shares rise on 18% production jump
Strong November sales and higher vehicle output boost investor confidence
Snapdeal parent AceVector files ₹300 crore IPO papers
Funds aimed at tech upgrade, marketing expansion and Snapdel operations
Meesho IPO allotment for ₹5,421 cr closes this week
Oversubscribed 79 times, Meesho shares likely to list at ₹150–₹153
Ravelcare shares jump 55% on debut
Strong investor demand lifts SME shares well above IPO price on debut
Corona Remedies IPO shines, 33% subscribed on Day 1
Grey-market premium signals healthy investor interest
Air India follows Government directive, caps ticket prices
Fare limits imposed after IndiGo cancellations leave travelers stranded
Purple Wave Infocom ₹31.45 cr IPO opens modestly
Muted grey-market premium points to modest debut
Logiciel Solutions ₹40 cr IPO debuts with flat sentiment
Investors remain cautious as grey-market shows zero premium
NephroPlus files IPO, plans Dec. 10 launch
Asia’s top dialysis provider targets nationwide expansion
H-1B applicants face expanded US social media scrutiny
H-1B workers and dependents to undergo enhanced US vetting from December 15
Corona Remedies IPO opens Dec 8 at ₹1,008–1,062
₹655 crore OFS and retail entry cost about ₹14,868
PMO’s new address named “Seva Teerth”
Symbolising a shift from power to citizen-focused service under Central Vista project
Ravelcare IPO subscribed six times on strong debut
Early oversubscription reflects rising investor confidence in SME offerings
SEBI to release LODR review paper soon
Regulatory overhaul expected within four to six months
Omnicom to cut 4,000 jobs after IPG takeover
Legacy agencies folded, $750M savings expected
Atomberg plans $200 million Mumbai IPO
Temasek-backed consumer electronics firm in talks with banks for potential listing
Delhi, Mumbai air travellers may pay higher airport fees
Tribunal ruling could sharply raise airport charges, making flights more expensive for passengers
RBI fines HDFC bank ₹91 lakh for compliance lapses
Penalty imposed for irregularities in KYC, outsourcing practices, and interest-rate norms after regulatory inspection
Ashok Leyland shares hit 52‑week high on merger plan
Board approves merger of Hinduja Leyland Finance with NDL Ventures, investors respond positively
IMF shifts India to crawl-like regime
Rupee now allowed gradual movement, IMF says that signals more flexibility
Ahmedabad to host 2030 Commonwealth Games
Sardar Vallabhbhai Patel Sports Enclave will welcome athletes from across the Commonwealth for a grand sporting festival
HDFC AMC shares fall on bonus issue
Price drop is mechanical and fundamentals remain strong
Vedanta arm files for $1billion US IPO, shares jump
IPO aims to fund Konkola copper mine expansion, pending SEC approval and market conditions
ED freezes ₹520 crore in WinZO, Gameskraft Assets
Authorities act against real-money gaming firms over alleged fraud and misuse of accounts
Kwality Wall’s India appoints new board ahead of HUL split
Seven directors set to guide company as it becomes independent
Maruti Suzuki invests ₹2 crore in Ravity startup
Investment to boost AI-driven vehicle insights and operations
14,000 Amazon employees laid off, engineers bear brunt
The company offers impacted staff internal transfer options, severance, and career support
Sony PS5 Black Friday sale offers up to ₹10,000 off
Discounts on PS5 Disc, Digital Editions, VR headset, controllers, and top games. Offer valid from 21 Nov–4 Dec
Capillary Technologies IPO subscribed 53 times
Heavy NII and QIB demand lifts the ₹877-crore issue
Kaynes Tech falls 6% as 20% equity unlocks
Release of 20% equity puts pressure on the stock, even as the company posts strong quarterly growth
India’s unemployment rate holds at 5.2% in October
Rural jobs improve, urban unemployment rises slightly
Ukraine to receive 100 Rafale jets from France
Landmark pact signals deepening France-Ukraine defence ties
Oil India Q2 PAT falls 43% to ₹1,044 crore
Revenue rises 4% as board approves ₹3.50/share dividend
Hero MotoCorp Q2 profit rises 16% to ₹1,393 cr
Growth driven by strong festive demand, GST reforms and export surge
LG Electronics India Q2 Profit Falls 27%
Modest revenue growth of 1% offset by higher expenses, squeezing margins in the September quarter
Jaishankar meets Rubio at G7, India-US ties strengthen
The talks focussed on stronger economic ties, Indo‑Pacific security, and global conflicts
Bajaj Finance Q2 profit up 22%
AUM rises 24%, adds 4.1 million customers, trims FY26 growth guidance to 22‑23%
Nykaa Q2 Profit Soars 243%, Revenue Up 25%
Higher gross margins and a 25% jump in revenue lift Nykaa’s bottom line this quarter
OpenAI Offers 1-Year Free ChatGPT Go in India
Company targets wider user base in India with free GPT-5 access
Bharti Airtel Q2 Net Jumps 89% on Solid Sales
ARPU rises to ₹256; customer base reaches 624 million across 15 countries
Indian-Origin CEO Brahmbhatt Accused in BlackRock Fraud
His elecom empire accused of faking invoices to raise $500 million, sparking bankruptcies and worldwide scrutiny
Samsung Adds Gujarati to Galaxy AI
It becomes the second Indian language after Hindi as support widens to 22 languages
JSW Steel Shines in Q2, Profit at ₹1,623 Crore
Company reports 17% rise in crude steel output and 13.8% revenue growth amid steady global demand
Elon Musk’s SpaceX Starship Lands Successfully in the Indian Ocean
Elon Musk’s SpaceX Starship soared once again, touching down gracefully in the Indian Ocean after its 11th test flight. Each launch is not just a…
MapmyIndia’s Mappls App Wins Official Endorsement
Railway Minister praise, PLI push, and Bengaluru traffic countdowns drive growth for indigenous GPS
Ketan Parekh Used Overseas Trips to Conceal Fraudulent Trading: SEBI
Former stock market operator Ketan Parekh’s application seeking permission to travel abroad for four months was opposed by the Securities and Exchange Board of India…
CCI approves Ambuja Cements acquiring 72.8% stake in Orient Cement
This acquisition process, outlined in two share purchase agreements (SPAs) initiated on October 22, 2024, begins with Ambuja Cements acquiring an initial 46.80% stake in Orient Cement
Finally, Ikea comes to Delhi-NCR with major plans
Nearly 11 years after it set shop in India, the Swedish retail giant is entering the largest market in India with a blueprint
Family-run businesses make substantial CSR investments: Report
According to the latest India Philanthropy Report 2025, the top four business families in India — Tatas, Ambanis, Adanis, and the Birlas — were responsible for 20% of the total CSR contributions made by family-owned or family-run companies in FY2023-24
India nears 11 crore credit cards amid HDFC, SBI, ICICI leading the expansion race
Major banks in India are aggressively expanding their credit card portfolios as the market anticipates stabilisation in unsecured loans
UltraTech Cement bets Rs 1,800 crore on wires and cables, eyes December 2026 launch
The cement manufacturer's board has approved the plan under its building products division, reinforcing the company’s strategy to position itself as a complete building solutions provider
Tata, Bharti groups finalising merger of DTH businesses Tata Play, Airtel Digital TV: Report
Airtel is expected to hold 52-55 per cent of the combined entity, while Tata Play shareholders, including Walt Disney will hold 45-48 per cent
Labour ministry finalising social security scheme for gig workers, to seek Cabinet’s nod soon
Workers will be registered on e-Shram portal and assigned a UAN
RIL has invested ₹50,000 crore in Bengal, will double it by end of the decade: Mukesh Ambani
According to the RIL Chairman, investments have created over 1 lakh direct jobs and spurred significant economic growth in West Bengal
Nestlé plans to bring ready-to-drink Starbucks coffees outside its cafes
The arrangement with Nestlé is exclusive of Starbucks’s joint venture with Tata Consumer Products that operates its stores
Ola Consumer denies differential pricing for Android and Apple phones
On January 23, notices were sent by the Central Consumer Protection Authority (CCPA) to ride-hailing services Ola and Uber due to allegations of differential pricing based on the type of mobile phone used to book rides
Bharti Airtel, Bajaj Finance enter strategic partnership to create digital platform for financial services
Airtel will initially offer Bajaj Finance’s retail financial products on its Airtel Thanks App for seamless and secure customer experience, and later through its nation-wide network of stores
Government approves Rs 11,440 crore revival plan for debt-laden Rashtriya Ispat Nigam Ltd
The revival plan envisages that RINL will start full production with two blast furnaces in January 2025 and with three blast furnaces by August 2025
Jaiprakash Associates: One of India’s largest bankruptcies nears resolution
NARCL’s bid offers lenders a recovery of 23%, comprising 15% cash and 85% government-guaranteed security receipts — a structure unique to NARCL. The acquisition, once finalized, will be the largest in NARCL’s portfolio, a critical move to boost its performance after a slow fiscal year
Foxtale raises $30 mn in series C, partners with Japan’s KOSÉ to enhance R&D
With a strategic roadmap in place and the backing of a global beauty powerhouse, Foxtale is positioned to make significant strides in India’s thriving skincare market
India saw 38% increase in M&A activity: Kotak Investment Bank
IPO pipeline looks promising with up to $35 billion IPOs expected to launch in 2025, says the bank
Gautam Adani announces Rs 65,000 cr investment in energy, cement projects in Chhattisgarh
Adani also promises Rs 10,000 crore over the next four years to support initiatives in education, healthcare, skill development, and tourism through the Adani Group’s Corporate Social Responsibility (CSR) efforts and beyond
HUL turns up the heat in ice cream business, incorporates new subsidiary Kwality Wall’s
Earlier on November 25, 2024, HUL approved the demerger of the ice cream business, which owns brands like Kwality Wall’s, Cornetto and Magnum into an independent listed entity.
Mercedes-Benz India to launch 8 new products in 2025
The German automobile manufacturer will also launch its much-awaited model AMG GLE 53 Coupe by the second quarter of 2025.
Adani Ports secures spot in top 10 in S&P Global sustainability rankings for 2024
APSEZ, the only Indian company to feature in the rankings, has demonstrated its committment to corporate sustainability on a global scale