24x7 Tax Control Room Set Up for Mumbai Civic Polls
Income Tax Dept establishes a 24/7 control room in Mumbai to curb money misuse in Maharashtra civic elections. Citizens can report unaccounted cash or inducements via WhatsApp, SMS, or email.
Category : Business
US Markets Gain Amid Commodity Surge, Light Trading
US stock indices opened the holiday week with gains. Gold and silver soared to record highs, while Uber and Lyft rose on robotaxi plans. Key US economic data awaited.
Wall Street Gains on Tech Rebound, Nvidia Soars
Wall Street closed higher on Tuesday, driven by a strong rebound in technology stocks led by Nvidia. The S&P 500 and Nasdaq posted gains, while investors await key inflation data. Read the full analysis.
India-NZ FTA Safeguards Dairy, Allows Export-Only Processing
India's new FTA with New Zealand creates export-only dairy processing zones, fully protecting domestic farmers. No import duty concessions granted. Details inside.
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Telefonica Slashes 5,500 Jobs in $2.9B Restructuring
Spanish telecom giant Telefonica SA will cut 5,500 jobs at a $2.9 billion cost, aiming for over $700 million in annual savings. The move follows a trimmed cash flow outlook and a halved dividend. Get the latest business news updates.
Ellison Guarantees $40.4 Billion for Paramount's Warner Bid
Oracle's Larry Ellison personally guarantees $40.4 billion in equity financing for Paramount Skydance's all-cash offer for Warner Bros Discovery, intensifying the media acquisition battle. Read more.
Core Sector Grows 1.8% in November, Snaps Contraction
India's eight core industries grew 1.8% in November, recovering from October's contraction. Strong performance in cement, steel, and fertilizers offset declines in oil and gas. Read the full analysis.
NZ's Peters Opposes India FTA, Calls It Unfair for Dairy
New Zealand's Foreign Minister Winston Peters opposes the historic India-NZ FTA, citing unfair terms on dairy and immigration. Deal finalized in March 2025 offers zero-duty access for Indian goods.
Gujarat Kidney IPO Oversubscribed 1.53 Times
Gujarat Kidney's ₹250.8 crore IPO witnessed robust demand, oversubscribed 1.53x on Day 1. Retail investors led with 5.06x subscription. Check key dates and GMP details.
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India to Reset Key Economic Indicators in 2026
India's key macroeconomic data, including inflation, GDP, and industrial production, will get a base-year reset in 2026. New CPI series launches Feb 12, GDP on Feb 27, and IIP on May 28. Read for details.
Excel Realty N Infra hikes share capital, changes name
Penny stock Excel Realty N Infra plans to increase its authorized share capital from ₹500 crore to ₹7,500 crore and rename itself Landsmill Green Limited. Board approvals await shareholder nod via postal ballot.
Netflix Secures $25B in New Debt for Warner Bros. Takeover
Netflix refinances part of its massive $59 billion bridge loan with cheaper, long-term debt to bolster its bid for Warner Bros. Discovery. The streaming war heats up with a rival offer from Paramount Skydance. Read the full details.
Shriram Finance: No Banking License Plans Post MUFG Deal
Shriram Finance clarifies it will not seek a banking license despite MUFG's $4.4 billion investment for a 20% stake. Management prefers to grow as an NBFC, retaining control.
Capital One Explores AI Cloud Alternatives to AWS
Capital One is seeking alternatives to Amazon Web Services due to soaring AI infrastructure costs, an internal Nvidia document shows. The move signals a major shift in cloud strategy for enterprises. Read more.
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Tata Harrier, Safari launch with new petrol engine & features
Tata Motors expands Harrier & Safari with a new 170 PS turbo-petrol engine and major tech upgrades like a 14.5-inch QLED screen. Explore the new petrol SUV options.
India-NZ Trade Deal, Bangladesh Unrest, Babri Row Updates
Key developments on India-New Zealand FTA, escalating unrest in Bangladesh, and the latest on the Babri Masjid row. Stay informed on crucial regional and diplomatic news.
IT Dept Asks MNCs to Alert Staff on Foreign Assets
Income Tax department contacts multinationals, urging them to warn India-based employees to disclose foreign income & assets by year-end or face ₹10 lakh penalty under Black Money Act.
SBI SO 2025 Registration Closes Tomorrow for 996 Posts
State Bank of India will close the SBI Specialist Officer recruitment 2025 application window on December 23. Apply now for 996 vacancies across various departments.
India's Digital Ad Market Grows 149% in 2025
India's advertising landscape pivots decisively to digital, with a 149% surge in impressions in 2025. E-commerce leads the charge as TV ad volumes fall 10%. Discover what this means for brands and agencies.
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2026 Car Launches: Kia Seltos, Mahindra XUV 7XO, Maruti e-Vitara
Indian auto market starts 2026 with a bang! Kia, Mahindra, Maruti Suzuki & Renault set to launch new SUVs & EVs in January. Details on specs, features & launch dates inside.
Kamaraj Road in Bengaluru to reopen fully in January 2026
Kamaraj Road in central Bengaluru, closed since 2019 for Metro work, is set to fully reopen in January 2026, easing major traffic congestion in the CBD. Read more.
Instamart 2025 Report: India's Quick Commerce Habits Unveiled
Instamart's 2025 report shows India's shift to quick delivery for everything from milk to iPhones. Tier-II cities lead growth, health booms, and ₹22 lakh top spender revealed. Discover the trends!
Kamaraj Road in Bengaluru to reopen fully next month
Kamaraj Road in central Bengaluru, closed since 2019 for Metro work, will fully reopen for two-way traffic in early January 2026, easing CBD congestion and travel times.
Global Ocean Logistics India IPO Allotment Date is Dec 22
Global Ocean Logistics India IPO allotment is set for December 22. Learn how to check your status, understand the nil GMP, and know the listing date. Proceed with your investment wisely.
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Maruti Celerio Scores 3 Stars in Global NCAP Crash Test
Maruti Suzuki Celerio secures a 3-star adult safety rating from Global NCAP. Discover the detailed results and why it fell short of higher benchmarks despite key features like 6 airbags and ESC.
Complete Guide to Mutual Fund Taxation in India
Learn how equity, debt & hybrid mutual funds are taxed. Optimise your post-tax returns with this detailed guide on capital gains tax, holding periods, and tax-saving strategies.
Ex-Tesla exec Sterling Anderson now a top GM CEO candidate
Sterling Anderson, who clashed with Elon Musk at Tesla, is now a top GM executive and a potential successor to CEO Mary Barra. His rise shakes up the auto giant's leadership plans. Read more.
Foxconn's Bengaluru iPhone Plant Hires 30,000, 80% Women
Foxconn's new iPhone factory near Bengaluru hired 30,000 workers in 9 months, with 80% being young women. The plant marks Apple's fastest India expansion, boosting exports and local manufacturing.
Blue Cloud Softech stock up on BSNL 5G project sign-off
Blue Cloud Softech Solutions shares rose over 2% after the company announced the successful completion of a 5G Fixed Wireless Access Proof of Concept project with BSNL in Visakhapatnam. Read the full details.
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Market Soars: Nifty at 26,172, Sensex 85,567 on FII Buying
Indian stock markets extended gains on Dec 22 with Nifty reclaiming 26,000. Tech and metal stocks led the rally as FIIs turned net buyers. Get the full list of top gainers and losers.
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