The Indian stock market benchmarks, the Sensex and the Nifty 50, ended lower on Wednesday, December 24, due to profit booking in select heavyweights, including Reliance and ICICI Bank, amid mixed global cues. The Sensex dropped 116 points, or 0.14%, to close at 85,408.70, while the Nifty 50 settled at 26,142.10, down 35 points, or…
Shares of Shriram Finance surged over 4% on December 19 after Japan’s MUFG announced plans to acquire a 20% stake in the NBFC for ₹39,600 crore ($4.4 billion) via a preferential equity allotment. The floor price for the issue is set at ₹840.83 per share, with MUFG expected to purchase 47.11 crore shares. By 1:30…
Blinkit CEO Albinder Dhindsa has indicated that India’s rapidly growing quick-commerce sector may be nearing a turning point, as soaring capital demands clash with declining investor enthusiasm. Speaking to Bloomberg, Dhindsa noted that the model—driven by fast expansion and steady venture funding—is reaching its limits, and companies will soon need to confront how long they…
Shares of Kaynes Technology India plunged over 12% on December 5, marking steep losses for the second consecutive day after Kotak Institutional Equities raised concerns about discrepancies in the company’s related-party disclosures. JP Morgan advised investors to avoid “bottom fishing” in the stock. The EMS firm’s shares closed at Rs 4,365, having touched an intraday…
A technical glitch in check-in systems disrupted operations at several airports on Wednesday, causing confusion and delays, including at Hyderabad’s Rajiv Gandhi International Airport. A video circulated online showing a crowd of passengers surrounding an airline helpdesk, demanding updates about their flights. Travelers were seen holding tickets and mobile phones while questioning staff, who appeared…
Global marketing and communications leader Omnicom Group plans to cut over 4,000 jobs and shut several agency brands following its $13.5 billion acquisition of Interpublic Group (IPG), according to a Financial Times report on December 1, 2025. The move comes amid an AI-driven transformation in the advertising industry, where technology and platforms like Meta are…
Silver, often called the “Devil’s metal” due to its volatility, has surged to record levels in 2025 and continues to show potential despite tight supply, experts say. Mirroring gold’s rally—which has crossed $4,000 an ounce—silver peaked at $54.47 per troy ounce in mid-October, a 71% year-on-year increase. Although prices eased slightly afterward, they are climbing…
The 2025 Honda Amaze has been crash-tested by BNCAP (Bharat New Car Assessment Programme), earning 5 stars for Adult Occupant Protection and 4 stars for Child Occupant Protection. Bharat NCAP evaluated the V CVT, VX CVT, and ZX MT variants, but the rating applies to all Amaze models currently on sale. The third-generation Amaze comes…
Employment in India’s unincorporated non-agricultural sector saw a modest but steady rise in the July–September quarter, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI). The number of unincorporated establishments increased slightly to around 7.97 crore from 7.94 crore in the previous quarter, building on a notable rise from 7.34 crore…
Apple Inc. has cut several sales roles as part of a restructuring aimed at streamlining how it serves businesses, schools, and government clients, marking a rare round of layoffs for the tech giant. Employees were informed over the past few weeks, though the company did not disclose the total number of positions affected. The layoffs…
