Business

Meesho shares debuted with over 46% premium on NSE and BSE after its Rs 5,421-crore IPO saw strong 79-times subscription. The company plans to use proceeds for cloud infrastructure, marketing, acquisitions and other strategic growth initiatives

Sensex and Nifty rebounded after two days of declines, rising on value-buying. Several major stocks gained while some lagged. Asian markets were mostly negative, FIIs continued selling, DIIs bought heavily, and Brent crude inched up as previous sessions saw sharp index drops

The CBI has filed a criminal case against Reliance Commercial Finance Ltd and its promoters for allegedly causing a Rs 57.47 crore loss to Bank of Maharashtra. Searches are underway at company and director premises, while the ED also probes Reliance Power

Airpay Payment Services has received RBI approval to operate as a cross border payment aggregator, completing its unified PA framework licences. The company will offer full stack payment solutions domestically and globally, expecting strong growth in processing volumes, revenues and merchant onboarding

Knight Frank India reports that 74 of 365 shopping centres across 32 cities are ghost malls with over 40 percent vacancy. The study urges redevelopment of ageing centres as organised retail demand grows and Grade A malls record strong absorption

Mahindra has announced that its next premium SUV will be called the XUV 7XO, built on the XUV700 platform that has crossed three lakh units. The company said the new model will offer better design, technology and comfort. More details will be revealed soon.

Gautam Adani cautioned against “narrative colonisation” by historically high emitters seeking to influence India’s development path. Calling resource and energy sovereignty the pillars of modern independence, he said India must resist external pressures while balancing coal needs with one of the world’s fastest clean-energy transitions.

The CBI has registered a case against Jai Anmol Anil Ambani and Reliance Home Finance Ltd. for alleged cheating causing Rs 228 crore loss to Union Bank of India, involving diversion of funds, fraudulent misappropriation, and breach of trust

IndiGo cancelled five flights from Agartala on Tuesday as its operational disruption stretched into the eighth day. Airport authorities said six other flights ran as scheduled, while Air India Express and Akasa continued normal operations at the busy MBB Airport

Deloitte India launched Tax Pragya, an AI-powered tax platform providing faster research, predictive insights, and real-time dashboards. The mobile-friendly tool handles complex queries across Income Tax, GST, Transfer Pricing, and TDS, reshaping tax workflows for professionals

Sensex and Nifty tumbled amid weak global cues, persistent FII selling, pressure on IT and Reliance shares, and caution ahead of the US Federal Reserve’s policy outcome. Most Asian markets traded lower as crude prices softened and investor sentiment stayed fragile 

US President Donald Trump announced a $12-billion farm relief package and vowed tougher tariff action to shield American producers, singling out India and other Asian nations for allegedly dumping rice in the US market. He said tariffs would be used “aggressively” to protect farmers.

The Congress government announced 35 MoUs accounting for nearly Rs 1.88 lakh crore in investment commitments at the Telangana Rising Global Summit, with major pledges in deep tech, renewable energy, aerospace, logistics, and electronics, led by Brookfield’s Rs 75,000-crore Bharat Future City proposal

Indigo's lackadaisical and nonchalant attitude in adapting to the new DGCA rules has led to the crisis

President Donald Trump expressed concerns over Netflix’s US$ 72 billion deal to acquire Warner Bros. Discovery, citing potential market share issues. He said he would be involved in the regulatory decision, emphasizing the merger could reshape the entertainment industry

Gold rose to Rs 1,30,638 per 10 grams, while silver eased to Rs 1,82,600 per kg, as investors awaited the US Federal Reserve’s year-end policy meeting. Silver remains supported by industrial demand and tight global inventories despite early profit-taking 

Sensex and Nifty fell in early trade due to losses in services and realty stocks and continued FII outflows. Despite strong economic indicators and expected earnings growth, volatility persists amid rupee depreciation and global cues ahead of key US inflation and Fed meetings

The rupee weakened to 90.11 per US dollar amid high crude prices and persistent FPI outflows. Strong corporate dollar demand, RBI’s recent rate cut impact, and anticipation of the Fed’s policy decision added pressure, while India–US trade talks begin December 10

President Putin's visit, the extraordinary bonhomie that marked his meeting with Modi, and a flurry of agreements signed demonstrated the inherent strength of India-Russia relationship 

UIDAI is set to notify a new rule requiring hotels, event organisers and other entities conducting Aadhaar-based offline verification to register for access to QR code and app-based authentication. The upcoming app aims to enhance privacy, reduce paper use and streamline verification.

CIDCO has initiated the process to develop India’s first multi-purpose indoor live entertainment arena in Navi Mumbai. Inspired by global venues, the proposed arena will host large-scale concerts, sports events and cultural productions, with capacity for up to 25,000 spectators

In October, overall coal imports fell 3.9% due to surplus domestic supply, while coking coal imports rose 12% driven by winter restocking. Government initiatives like the Coking Coal Mission aim to boost domestic production and reduce reliance on imports

Five of India’s top-10 most valued firms, led by TCS and Infosys, added over ₹72,284 crore in market value last week, while Reliance, HDFC Bank, SBI, L&T and LIC saw declines. TCS gained the most, adding nearly Rs 36,000 crore

Ceat is developing region-specific tyres to expand exports to Europe and the US, aiming to become a global brand. With steady raw material prices and strong demand, the company expects growth, while focusing on capacity, OEM sales, and integrating the Camso acquisition