Business

Simone Tata, mother of Noel Tata and stepmother of the late Ratan Tata, passed away at 95 in Mumbai after a brief illness. Known for shaping Lakmé and founding Westside, she also contributed extensively to philanthropic initiatives. Last respects will be offered Saturday

The rupee appreciated 20 paise to 89.69 against the US dollar ahead of the RBI’s policy decision, though pressure persists from FII selling, crude prices and trade-deal delays. Markets await possible rate-cut signals as inflation eases and growth strengthens

Sensex and Nifty swung between gains and losses in early Friday trade as investors awaited the RBI’s policy decision amid FII outflows and mixed global cues. Select IT, auto and power stocks gained, while Reliance, Airtel and HDFC Bank declined 

Sebi barred financial influencer Avadhut Sathe and his firm, Avadhut Sathe Trading Academy, from the securities market and ordered them to disgorge Rs 546 crore earned from allegedly running unregistered investment advisory and research services that misled over 3.37 lakh investors

Bharti Airtel has partnered with Nokia to offer its network APIs to developers, enterprises, and system integrators via Nokia’s Network as Code platform. The collaboration aims to drive innovation using Airtel’s AI, 5G, and edge capabilities while enabling new monetization models

Air India reported three technical glitches on its Boeing 787 fleet since July, prompting enhanced safety inspections ordered by the DGCA after a June accident. The minister said all aircraft were found satisfactory and that technical snags are routinely addressed under prescribed procedures

Defence PSU BEML Ltd secured a Rs 157 crore order from Loram Rail Maintenance India to manufacture switch rail grinding machines, enhancing railway track maintenance, safety, and longevity. BEML operates in defence, mining, construction, and rail sectors

Life insurance is a crucial financial tool for protecting your family’s future. This guide explains how to assess your needs, understand different policy types, compare features, and choose a plan that aligns with your long-term financial goals and life stage.

India’s reliance on Australian metallurgical coal for 90% of its steel sector exposes it to energy security risks. IEEFA urges accelerating alternative technologies like electric arc furnaces and green hydrogen to reduce dependence, ensure supply, and meet net-zero targets

Andhra Pradesh allotted 480 acres in Visakhapatnam and Anakapalli to Adani Infra, a notified partner of Google’s Raiden Infotech, to build a 1 GW AI data centre. The ₹87,500-crore project will receive major state incentives and follow Google’s global data-centre standards 

Sensex and Nifty opened lower but rebounded into positive territory after four days of losses, supported by value buying. Market sentiment remains cautious amid FII outflows, a weakening rupee, and upcoming RBI and Fed decisions, while key Asian markets traded mixed

The rupee hit a record low of 90.43 against the US dollar amid FII outflows, importer demand and limited RBI intervention. Markets await the MPC decision as trade tensions with the US persist and analysts warn of further depreciation toward 91

AP Chief Minister N Chandrababu Naidu met Gautam and Karan Adani to review ongoing infrastructure projects and discuss new investment opportunities, particularly in Amaravati. IT Minister Nara Lokesh said the meeting covered both project progress and future expansion plans.

Finance Minister Nirmala Sitharaman said excise duty on tobacco will replace the GST compensation cess, ensuring no extra tax burden. Forty-one percent of revenue will go to states, maintaining the same tax incidence while supporting state finances post-Covid

Chief Economic Advisor V Anantha Nageswaran said the government is unconcerned about the rupee’s fall, noting it has not affected inflation or exports. Analysts say the currency may stabilise once the India-US trade deal is finalised

The Department of Consumer Affairs has mandated that all pan masala packs, including small 10-gram units, display the Retail Sale Price (RSP) from February 1, 2026. The move ensures transparent pricing and facilitates GST implementation on all pack sizes

NephroPlus, India’s largest dialysis network, is launching its maiden IPO on December 10, raising Rs 353.4 crore through a fresh issue and 1.12 crore shares via OFS. Funds will support clinic expansion and debt repayment

India’s digital infrastructure has expanded dramatically, with over 6.34 lakh villages now having mobile connectivity and 6,30,676 villages covered by 4G. Broadband subscriptions have doubled, PM-WANI hotspots increased, and data tariffs reduced, boosting nationwide digital access

The four labour codes are likely to become fully operational from April 1, 2026, with the Centre preparing to pre-publish updated draft rules. The government aims to finalise rules after public feedback and expand social security coverage to 100 crore workers

The Centre has withdrawn its order directing smartphone makers to pre-install the Sanchar Saathi cybersecurity app, citing a ten-fold rise in voluntary downloads. The November 28 mandate had stirred political controversy, with opposition parties alleging potential snooping risks

Multiple airports across India reported check-in system disruptions on Wednesday morning, forcing airlines to shift to manual processing and causing flight delays. A message at Varanasi airport cited a Windows outage, but Microsoft denied any such issue. Authorities are assessing the situation

Indian Gas Exchange (IGX), an IEX associate, plans to go public via an IPO through an offer for sale by existing shareholders; details on size and timing are yet to be announced

India and the UAE are streamlining visas, extradition, and legal cooperation to boost travel, business, and security. Talks focus on liberalised visas, faster extradition, mutual legal assistance, and smoother movement for workers, tourists, and professionals amid growing bilateral trade

Vidya Wires Ltd’s Rs 300-crore IPO was fully subscribed within hours, receiving bids for 5.07 crore shares against 4.33 crore on offer. Retail investors oversubscribed 1.91 times. Proceeds will fund new projects, debt repayment, and general corporate purposes