Mumbai EOW books firm for Rs 31.2 crore fraud
Mumbai police's EOW registers a case against a real estate company and its directors for allegedly cheating investors of Rs 31.26 crore with promises of high returns. Read the full details.
Category : Business
Subros wins ₹52.18 cr Railways HVAC maintenance contract
Subros lands a major ₹52.18 crore AMC order from Indian Railways for cab HVAC units, boosting its FY25 railway segment order book to ₹86.35 crore. Details inside.
IndiGo to reduce flights from Dec 8 after major disruptions
IndiGo admits misjudgment led to over 300 flight disruptions. Airline to cut operations from December 8, aims for normalcy by Feb 2026. Full details inside.
Intel scraps plan to sell NEX stake, keeps it internal
Intel abandons plans to spin off its Networking and Edge Group (NEX). The chip giant says the unit is now best positioned to succeed internally, ending talks with Ericsson. Read more.
ELSS vs Index Funds: Which is Better for Long-Term Wealth?
Choosing between ELSS and Index Funds? Compare AUM, tax benefits, and expert advice from Preeti Zende & Nilesh Naik for your long-term wealth creation strategy in India.
Silver HUID Mandate Sees 1.6M Hallmarks in 3 Months
India's mandatory HUID for silver sees massive uptake with 1.6M pieces hallmarked. Southern region leads. Verify purity via BIS CARE app. Boost for consumer trust.
India-Russia Trade Hits $65B, Goyal Seeks Balance
Ahead of Putin's Delhi visit, Commerce Minister Piyush Goyal calls for a more balanced trade relationship with Russia, aiming to boost exports in automobiles, electronics, and services. #IndiaRussiaTrade
Rupee May Hit 91.50/Dollar in 3 Months: Experts
The Indian rupee could weaken to around ₹91.50 per US dollar in the next quarter, say analysts. Key factors include heavy foreign outflows, a widening trade deficit, and bearish technical charts. Read the full analysis.
Indigo Cancellations Continue, DGCA to Monitor Airfares
IndiGo informs DGCA of ongoing flight disruptions for 2-3 more days. Aviation regulator to closely monitor airfare hikes amid cancellations. Details inside.
Mohali Airport Link Road to open partially this month
Mohali's new 8.5-km alternative road to Shaheed Bhagat Singh International Airport will open one stretch by month-end, cutting travel time. Full completion expected by March 2026. Read more.
IndiGo Cancels 300+ Flights, CEO Admits Service Failure
IndiGo faces severe disruptions with massive flight cancellations, staff shortages, and a bomb threat. CEO Pieter Elbers admits the airline failed customer experience promises. Read the full story.
IndiGo Flight Crisis: DGCA Probes Mass Cancellations
IndiGo faces severe operational crisis with hundreds of flights cancelled. DGCA investigates as new pilot duty rules, airport tech issues, and winter congestion cripple India's largest airline.
Adani Group Deepens Rs 60,000 Crore Investment in Andhra Pradesh
Adani Group reaffirms its massive Rs 60,000 crore investment in Andhra Pradesh, accelerating green energy, ports, and cement projects for robust economic growth. Discover the details.
Industry Calls for Collaboration on India's Semiconductor Push
Top industry leaders urge for stronger collaboration between government, industry & academia to leverage India's semiconductor and intellectual property initiatives for global leadership.
Fitch Upgrades India's GDP Growth Projection to 7.4%
Fitch Ratings revises India's GDP growth forecast upward to 7.4% for FY25, citing strong domestic demand and GST reforms. Discover the key drivers behind this optimistic outlook.
Rupee recovers to 89.90 vs dollar after RBI steps in
The Indian rupee staged a sharp recovery from its lifetime low of 90.43, closing at 89.90 against the US dollar. The rebound was driven by suspected RBI intervention and a softer dollar index. Read the full analysis.
Corona Remedies IPO: Key Dates, Price Band, Details
Corona Remedies IPO opens Dec 8, 2025, to raise ₹655.37 crore. Check price band, GMP, financials, and key dates for this pharma company's public issue.
Nexus Venture Partners Closes New $700 Million Fund
Venture capital firm Nexus closes $700M fund to invest in AI, enterprise tech, consumer, and fintech startups in India and the US. Read about their strategy and portfolio.
Putin Visit to Boost India-Russia Trade to $100B
WTC Mumbai Chairman Vijay Kalantri hails Putin's visit as a major step for India-Russia economic ties, with trade set to cross $100 billion. Read more on the strategic partnership.
SGB 2017-18 Series-X: 41.6% Annualised Return on Dec 4
RBI announces final redemption for Sovereign Gold Bonds 2017-18 Series-X on Dec 4, 2025, yielding over 41% annualised return plus 2.5% interest. Learn about tax benefits and redemption process.
Speb Adhesives IPO Allotment Status Finalised
Speb Adhesives IPO allotment is finalised today, Dec 4. Check status via NSE or MUFG Intime. The ₹33.73 crore issue was subscribed 2.34 times. Listing is on Dec 8.
Parliament Approves Excise Duty on Tobacco Bill
The Indian Parliament has approved a bill to impose excise duty on tobacco. Finance Minister Nirmala Sitharaman addressed the Rajya Sabha, detailing the legislation's aspects and responding to queries. Read the full story.
IndiGo CEO Apologises for Massive Flight Disruptions
IndiGo CEO Pieter Elbers addresses severe operational crisis, with over 300 flights cancelled. DGCA summons airline. Read the full story on the causes and recovery plan.
Central Excise Amendment Bill 2025 Passed by Parliament
Parliament has approved the Central Excise Amendment Bill, 2025, raising excise duty on tobacco products. The move aims to boost revenue and curb consumption. Read the full details and implications here.
FPIs Withdraw Rs 13,121 Crore in 4 Days; 2025 Outflow Rs 1.56L Cr
Foreign investors withdrew a net Rs 13,121 crore from Indian stocks in early December, pushing the total FPI outflow for 2025 to a staggering Rs 1.56 lakh crore. Read the full analysis.
2025 IPO Boom: ₹1.21 Lakh Crore Raised Amid Volatility
Despite a volatile 2025, India's IPO market thrived with 81 listings raising ₹1.21 lakh crore. Discover the trends, top gainers, and why 47% of new stocks are trading below issue price. Read now for key insights.
India-Russia Trade Surpasses $30B Target, Goyal Seeks More
Union Minister Piyush Goyal hails Russia as India's trusted friend, reveals 2025 trade target already achieved. He urges removal of barriers and trade diversification for stronger ties.
Railways to build 400 km new lines on Delhi-Howrah route
Indian Railways will construct 400 km of third and fourth lines between Pt Deen Dayal Upadhyay Jn and Jhajha at a cost of Rs 17,000 crore to boost capacity and improve operations on the crucial Delhi-Howrah route.
IndiGo Flight Chaos: 300+ Cancellations Strand Passengers
IndiGo's operational crisis enters day 3, with over 300 flights cancelled. Passengers stranded at major airports as DGCA investigates crew shortage and FDTL norms impact. Read for details and passenger reactions.
ICSI Proposes New Climate Change Framework
The Institute of Company Secretaries of India (ICSI) has proposed a principle-based approach to help businesses tackle climate change. Learn about the new ESG framework.
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