#Business | BP to sell 65% stake in Castrol to Stonepeak for $6 bn, Castrol India shares rise 8%
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https://www.moneycontrol.com/news/business/markets/bp-to-sell-65-stake-in-castrol-to-stonepeak-for-6-bn-castrol-india-shares-rise-7-13741063.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
BP to sell 65% stake in Castrol to Stonepeak for $6 bn, Castrol India shares rise up to 8%
Total net proceeds will be fully utilised to reduce net debt, said BP
Major surge in digital loan disbursals.
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Bharti and Warburg Pincus announce investment in Haier India, to collectively own 49% stake
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https://www.moneycontrol.com/news/business/bharti-enterprises-and-warburg-pincus-announce-investment-in-haier-india-13741279.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Bharti and Warburg Pincus announce investment in Haier India, to collectively own 49% stake
Following the completion of the transaction, Bharti and Warburg Pincus will collectively own a 49% stake in Haier India
Sensex falls 350 pts from day’s high, Nifty below 26,150: 3 key reasons behind market decline
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https://www.moneycontrol.com/news/business/markets/sensex-falls-200-pts-from-day-s-high-nifty-below-26-200-3-key-reasons-behind-market-decline-13740944.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Sensex falls 200 pts from day's high, Nifty below 26,200: 3 key reasons behind market decline
Sensex, Nifty see profit booking in select sectors amid continued selling by foreign institutional investors.
After IndiGo crisis, India grants NOCs to two airlines to boost competition
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https://www.moneycontrol.com/news/india/after-indigo-crisis-india-grants-nocs-to-two-airlines-to-boost-competition-13741330.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
After IndiGo crisis, India grants NOCs to two airlines to boost competition
While Shankh Air had received its NOC earlier, Al Hind Air and FlyExpress were cleared this week. An NOC allows airlines to formally begin setting up operations, but does not permit commercial flying.
IndiGo shares fall 2% after govt grants NOCs to two new airlines
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Moneycontrol
IndiGo shares fall 2% after govt grants NOCs to two new airlines
IndiGo share price: Union Aviation Minister Ram Mohan Naidu Kinjarapu highlighted that the government is actively encouraging new airlines to enter what is among the fastest-growing aviation markets in the world.
RBI to conduct $10 billion USD/INR Buy/Sell Swap auction on January 13
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https://www.moneycontrol.com/news/business/rbi-to-conduct-10-billion-usd-inr-buy-sell-swap-auction-on-january-13-13741863.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
RBI to conduct $10 billion USD/INR Buy/Sell Swap auction on January 13
The near leg or spot leg is on January 15, 2026, and the far leg is on January 16, 2026.
Intel shares fall on report Nvidia halts production test
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Moneycontrol
Intel shares fall on report Nvidia halts production test
Nvidia recently tested the so-called 18A process but stopped moving forward, Reuters reported, citing two unidentified people familiar with the matter.
SEBI simplifies issuance of duplicate shares, raises threshold to Rs 10 lakh for easier issuance
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Moneycontrol
SEBI simplifies issuance of duplicate shares, raises threshold to Rs 10 lakh for easier issuance
Now investors holding securities valued up to Rs 10 lakh will be required to submit a Affidavit-cum-Indemnity bond only.
CBI arrests 2 bankers for opening mule accounts to stash cybercrime proceeds
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Moneycontrol
CBI arrests 2 bankers for opening mule accounts to stash cybercrime proceeds
The CBI is also investigating the role of other officials in relation to the opening and operating of mule accounts
India announces reforms to simplify import checks as it eyes US trade deal
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https://www.moneycontrol.com/news/economy/policy/india-announces-reforms-to-simplify-import-checks-as-it-eyes-us-trade-deal-13742062.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
India announces reforms to simplify import checks as it eyes US trade deal
New Delhi and Washington have been working to thrash out a trade agreement, which India hopes will bring relief from a 50% tariff imposed by President Donald Trump on some of its main exports as punishment for its Russian oil purchases.
Stocks hit highs as ‘Santa rally’ countdown begins
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https://www.moneycontrol.com/news/business/markets/stocks-hit-highs-as-santa-rally-countdown-begins-13742135.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Stocks hit highs as ‘Santa rally’ countdown begins
Investors hoping for a “Santa Claus Rally” — which typically encompasses the last five trading days of the year and the first two of the new one — saw the S&P 500 rising in a shortened session ahead of the holiday. The dollar barely budged.
PM Modi to visit Lucknow to mark 101st birth anniversary of former PM Atal Bihari Vajpayee
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https://www.moneycontrol.com/news/india/pm-modi-to-visit-lucknow-to-mark-101st-birth-anniversary-of-former-pm-atal-bihari-vajpayee-13742163.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
PM Modi to visit Lucknow to mark 101st birth anniversary of former PM Atal Bihari Vajpayee
At around 2.30 pm, the Prime Minister will inaugurate Rashtra Prerna Sthal and also address a public gathering on the occasion
Techies make merry: Infosys hikes entry-level salaries, offers up to Rs 21 lakh for graduates in specialised roles
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https://www.moneycontrol.com/news/business/information-technology/techies-make-merry-infosys-hikes-entry-level-salaries-offers-up-to-rs-21-lakh-for-graduates-in-specialised-roles-13742171.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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https://www.moneycontrol.com/news/business/information-technology/techies-make-merry-infosys-hikes-entry-level-salaries-offers-up-to-rs-21-lakh-for-graduates-in-specialised-roles-13742171.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Techies make merry: Infosys hikes entry-level salaries, offers up to Rs 21 lakh for graduates in specialised roles
This makes it the highest entry-level pay among Indian IT firms, even when compared with specialised roles at peers.
#Business | Toyota posts rare sales drop in November, dragged down by China
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https://www.moneycontrol.com/news/business/toyota-posts-rare-sales-drop-in-november-dragged-down-by-china-13742256.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Toyota posts rare sales drop in November, dragged down by China
Global sales — including at subsidiaries Daihatsu Motor Co. and Hino Motors Ltd. — fell 1.9% in the period from a year earlier to 965,919 units, the Japanese carmaker said Thursday. Production shrank 3.4% to 934,001 vehicles.
#Business | 🚨 Zepto to confidentially file draft IPO papers on December 26
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https://www.moneycontrol.com/news/business/ipo/zepto-to-confidentially-file-draft-ipo-papers-on-december-26-13742318.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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https://www.moneycontrol.com/news/business/ipo/zepto-to-confidentially-file-draft-ipo-papers-on-december-26-13742318.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Zepto to confidentially file draft IPO papers on December 26
“Zepto’s pre-filing work is done and it will likely inform all the stakeholders about the filing on December 26,” a source told Moneycontrol
China silver fund plunges after string of moves to quell frenzy
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https://www.moneycontrol.com/news/business/commodities/china-silver-fund-plunges-after-string-of-moves-to-quell-frenzy-13742382.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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https://www.moneycontrol.com/news/business/commodities/china-silver-fund-plunges-after-string-of-moves-to-quell-frenzy-13742382.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
China silver fund plunges after string of moves to quell frenzy
After the fund hit its upward limit of 10% for three straight days this week, UBS SDIC Fund Management Co. tightened the rules on Wednesday evening.
Smallcap, midcap stocks struggle behind blue-chip peer Sensex this year; outlook cautiously optimistic
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https://www.moneycontrol.com/news/business/markets/smallcap-midcap-stocks-struggle-behind-blue-chip-peer-sensex-this-year-outlook-cautiously-optimistic-13742384.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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https://www.moneycontrol.com/news/business/markets/smallcap-midcap-stocks-struggle-behind-blue-chip-peer-sensex-this-year-outlook-cautiously-optimistic-13742384.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Smallcap, midcap stocks struggle behind blue-chip peer Sensex this year; outlook cautiously optimistic
Analysts attributed the underperformance of smallcap and midcap indices in 2025 due to market normalisation after their exceptional outperformance in 2023 and 2024.
India crosses 1 lakh petrol pumps, ranking behind only US and China globally: Report
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https://www.moneycontrol.com/news/business/india-crosses-1-lakh-petrol-pumps-ranking-behind-only-us-and-china-globally-report-13742435.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
India crosses 1 lakh petrol pumps, ranking behind only US and China globally: Report
Rural fuel stations now make up 29% of India's total network, compared with 22% a decade ago
PM Modi attacks Congress over ‘one family’ politics at Prerna Sthal inauguration
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https://www.moneycontrol.com/news/india/pm-modi-attacks-congress-over-one-family-politics-at-prerna-sthal-inauguration-13742476.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
PM Modi attacks Congress over ‘one family’ politics at Prerna Sthal inauguration
Whether it be books, government schemes, government institutions, streets, roads, or squares, it was all connected to the pride of one family, says PM Modi.