Ola pauses food delivery business, pulls Foods from app 🔴
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Moneycontrol
Ola pauses food delivery business, pulls Foods from app
Over the past two years, Ola has wound down or shrunk several experiments outside its mobility business, including used cars and quick commerce pilots Ola Cars and Ola Dash
Cigarettes ‘must not become affordable’, says FM as Centre restores excise duty after GST cess sunset
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Reliance Industries and Surrey announce partnership in Oval Invincibles franchise in The Hundred
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Moneycontrol
Reliance Industries and Surrey announce partnership in Oval Invincibles franchise in The Hundred
The partnership follows completion of a deal, which gives the organisations 49% and 51% stakes in the franchise, respectively. Owing to this, the ownership has now been transferred from England and Wales Cricket Board.
#MarketsWithMC | Asian stocks track US peers higher on Fed cut bets
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https://www.moneycontrol.com/news/business/markets/asian-stocks-track-us-peers-higher-on-fed-cut-bets-13709466.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Asian stocks track US gains on rising Fed cut bets
The dollar’s drop overnight puts focus on weaker Asian currencies like the Indian rupee, which slipped past the key psychological level of 90 per dollar on Wednesday.
Mixed signals ahead of monetary policy: Kotak Mahindra AMC sees a 50% probability of a 25 bps rate cut
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https://www.moneycontrol.com/news/business/economy/mixed-signals-ahead-of-monetary-policy-kotak-mahindra-amc-sees-a-50-probability-of-a-25-bps-rate-cut-13709440.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Mixed signals ahead of monetary policy: Kotak Mahindra AMC sees a 50% probability of a 25 bps rate cut
Deepak Agrawal of Kotak Mahindra AMC expects the RBI to revise its FY26 GDP growth forecast above 6.8 percent.
#MarketsWithMC | HDFC Bank, ICICI Bank may face short-term selling as Bank Nifty, FinNifty shift toward diversification
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http://moneycontrol.com/news/business/markets/hdfc-bank-icici-bank-may-see-some-short-term-pressure-following-change-in-bank-nifty-finnifty-weights-13709703.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
HDFC Bank, ICICI Bank may face short-term selling as Bank Nifty, FinNifty shift towards diversification
Bank Nifty and FinNifty have historically been dominated by HDFC Bank and ICICI Bank, which will see their weightage in the indices reduce going ahead.
🚨📉IndiGo shares fall 3% as DGCA launches probe into airline's massive flight cancellations
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Moneycontrol
IndiGo shares fall 3% as DGCA launches probe into airline's massive flight cancellations
IndiGo share price: The shares dropped to Rs 5,405 apiece in the morning, the lowest level seen by the stock in more than five months.
New shift seen towards smaller loans for lifestyle needs: More applications observe travel and tech purpose by urban users.
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#MarketsWithMC | Putin to visit India today: Defence stocks in green; analysts say HAL, BDL, BEL likely to benefit
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https://www.moneycontrol.com/news/business/markets/defence-stocks-in-green-amid-putin-s-india-visit-analysts-say-hal-bdl-bel-likely-to-benefit-13709109.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Putin to visit India today: Defence stocks in green; analysts say HAL, BDL, BEL likely to benefit
'Putin's trip is anticipated to speed up defence agreements centered around air defense systems, fighter aircraft, and missile technologies,' an analyst said.
Crypto exchange Bitget eyes broader investment platform in India post FIU clearance in 2026, says CMO
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Moneycontrol
Crypto exchange Bitget eyes broader investment platform in India post FIU clearance in 2026, says CMO
Bitget’s investment platform will have use cases across centralised finance (CeFi), decentralised finance (DeFi) and traditional finance (TradFi)
#MarketsWithMC | Sensex falls 300 pts from day's high, Nifty below 26,000: 5 key reasons behind market decline
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https://www.moneycontrol.com/news/business/markets/sensex-falls-250-pts-from-day-s-high-nifty-below-26-050-5-key-reasons-behind-market-decline-13710115.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Sensex settles 200 pts lower from day's high, Nifty ends below 26,050: 5 key reasons behind market decline
Stock Market Today: Sensex, Nifty snapped the previous four sessions of decline to settle marginally higher.
MCExclusive | 🚨 NHAI picks 4 investments banks for Rs 8,000-crore InvIT IPO
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https://www.moneycontrol.com/news/business/ipo/nhai-picks-4-investments-banks-for-rs-8-000-crore-invit-ipo-13710390.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
NHAI picks 4 investments banks for Rs 8,000-crore InvIT IPO
This will be the second InvIT from NHAI, which operates a private InvIT, National Highways Infra Trust, which is anchored by global investors CPP Investments and Ontario Teachers’ Pension Plan
🔔 Closing Bell: Nifty Sideways But Holds 26,000 Ahead Of MPC Rate Decision -- IT & Realty Upbeat
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Rupee may hit 91/$ without US-India deal, but inflation, CAD impact seen limited, say economists
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Moneycontrol
Rupee may hit 91/$ without US-India deal, but inflation, CAD impact seen limited, say economists
A weaker rupee usually helps exports, but sluggish global demand will keep the benefit modest, economists say.
PersonalFinance | Top travel credit cards with zero or low forex markup for your winter holidays 💳✈️
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VinFast to expand Tamil Nadu EV facility, targets e-buses and e-scooters 🚌🛵
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Moneycontrol
VinFast to expand Tamil Nadu EV facility, targets e-buses and e-scooters
VinFast currently sells VF6 and VF7 electric SUVs in India.
#RBIMPC | India's 8.2% GDP growth hides deeper concerns—slowing nominal GDP, US tariffs hitting exports, a rupee at record lows, and the RBI walking a tightrope on rate cuts. Yet, markets are betting on an earnings revival.
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https://www.moneycontrol.com/news/opinion/taking-stock-growth-up-prices-down-rbi-policy-on-edge-13711477.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Taking stock – Growth up, prices down, RBI policy on edge
India's GDP growth of 8.2% masks underlying economic challenges, with nominal growth lagging, the RBI caught between rate cuts and rupee defence, and markets pricing in a potential earnings turnaround despite policy uncertainties
🚨 Meta’s Zuckerberg plans deep cuts for metaverse efforts
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https://www.moneycontrol.com/news/business/meta-s-zuckerberg-plans-deep-cuts-for-metaverse-efforts-13711466.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Meta’s Zuckerberg plans deep cuts for metaverse efforts
Meta confirmed a reduction in resources for the metaverse, and said savings are expected to funnel toward other futuristic projects within Meta’s Reality Labs division, including AI glasses and other wearables.
#MarketsWithMC | Large trade deal: ITC Hotels shares trade flat as 9% equity worth Rs 3,856 crore changes hands; British American Tobacco likely seller
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https://www.moneycontrol.com/news/business/markets/large-trade-deal-itc-hotels-shares-rise-as-9-equity-worth-rs-3-856-crore-changes-hands-british-american-tobacco-likely-seller-13711697.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Large trade deal: ITC Hotels shares trade flat as 9% equity worth Rs 3,856 crore changes hands; British American Tobacco likely…
BAT planned to offload a stake worth about USD 776 million in ITC Hotels as part of efforts to reduce debt and exit a non-strategic asset.
Govt shuts door on FDI limit hike, merger chatter; PSU bank rally now shifts to fundamentals
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https://www.moneycontrol.com/news/business/markets/govt-shuts-door-on-fdi-limit-hike-merger-chatter-psu-bank-rally-now-shifts-to-fundamentals-13711981.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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https://www.moneycontrol.com/news/business/markets/govt-shuts-door-on-fdi-limit-hike-merger-chatter-psu-bank-rally-now-shifts-to-fundamentals-13711981.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Govt shuts door on FDI limit hike, merger chatter; PSU bank rally now shifts to fundamentals
With policy catalysts off the table for now, analysts say PSU banks may see a more earnings-driven re-rating ahead