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Corporate
Dec 15, 2023

Adani Ports: MSC arm picks 49% stake in Adani Ennore Container Terminal for Rs 247 crore

Adani Ports & SEZ expands strategic partnership with MSC

MSC arm picks 49% stake in Adani Ennore Container Terminal for Rs 247 cr

The transaction is expected to be completed in 3-4 months

News
Dec 15, 2023

Chandrayaan-4 to bring samples from moon; ISRO working on robotic arm for collection: S Somnath

The development of technologies like a robotic arm for sample collection will be pivotal: Somnath

Somanath revealed the SPADEX experiment, set to demonstrate autonomous docking capability

India is also gearing up to launch the first module of the Bharatiya Antariksh Station by 2028

Trends
Dec 15, 2023

'Golmaal Returns' actor Shreyas Talpade suffers heart attack, undergoes angioplasty

Shreyas Talpade suffered a heart attack on Thursday after finishing a shoot in Mumbai

He was admitted to Belle Vue Hospital in Andheri West, Mumbai where he underwent angioplasty

The 47-year-old actor was reportedly shooting for his upcoming multi-starrer project 'Welcome to the Jungle'

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Stocks
Dec 15, 2023

Stocks to watch out for today: Vedanta, SBI, Mazagon Dock, PVR INOX and more

Accent Microcell will make its debut on NSE Emerge on December 15.

The Ministry of Railways has given an order to Texmaco Rail Engineering for the manufacture and supply of 3,400 BOXNS waggons valued at Rs 1,374.41 crore.

Gandhar Oil Refinery stock is in focus ahead of the announcement of July-September quarter earnings on December 15.

News
Dec 15, 2023

Vu Technologies announces global expansion, enters Middle Eastern market

Vu Televisions expands footprint in the global market, launches operations in in Middle East

Vu Technologies has launched its smart TV series in Middle East - Vu Masterpieces Glo QLED TV and Vu GloLED TV

Founded in 2006, Vu Technologies has sold over 3 million large sized and 4k TVs

Politics
Dec 15, 2023

‘Where is the Ethics Committee now?’: TMC seeks expulsion of BJP MP Pratap Simha, draws parallels with Mahua Moitra

TMC MPs have demanded the expulsion of BJP MP Pratap Simha

They argued that if Mahua Moitra can be expelled over national security, so can he

At least one of the Lok Sabha intruders was issued a pass under Simha's name

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News
Dec 15, 2023

India's own ChatGPT rival Krutrim AI to be unveiled today; check how to watch LIVE, other details

The new product is being categorised as 'India’s first full-stack AI'

The company has claimed that Krutrim is built on local Indian knowledge, languages, and data

Krutrim is India’s own and the company claims we can build it instead of using Western products

Market Commentary
Dec 15, 2023

GIFT Nifty up 84 points: Asian markets, crude oil prices, dollar movement, & more

Indian markets may open higher on Friday, signals GIFT Nifty.

US stocks settle higher on Thursday; Asian stocks rise at open.

Dollar weakens further; crude oil prices advance in early trade.

Box Office
Dec 15, 2023

'Animal' box office collection day 14: Ranbir Kapoor's film mints Rs 8.75 cr on Thursday, earns in single digit for the first time

Ranbir Kapoor-starrer Animal saw a blockbuster start at the box office

However, as the film entered its second week, it's collections began slowing down gradually

The film earned about Rs 8.75 crore on Thursday

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COP28
Dec 15, 2023

COP28 success: Nations agree to transition away from fossil fuels

On the closing day of the COP28, there was an agreement on the beginning of the end of the fossil fuel era.

198 parties agreed to The UAE Consensus to transition away from fossil fuels, submit Nationally Determined Contributions, and build momentum towards a new architecture for climate finance

Negotiated outcomes to operationalise Loss and Damage, securing $792 million of early pledges

Trending Stocks
Dec 15, 2023

SAIL, J&K Bank, Hindustan Aeronautics: Trading Strategies for these buzzing stocks

Domestic stock indices settled at record high levels on Thursday.

An analyst from StoxBox is positive on Steel Authority of India.

The StoxBox analyst is cautious on shares of HAL, J&K Bank.

In Focus
Dec 15, 2023

Parliament security breach: Mastermind Lalit Jha surrenders in Delhi

The alleged mastermind in the Parliament security breach incident surrendered before the Delhi Police

Four persons were arrested on Wednesday in connection with the incident

The four of them have been charged under the anti-terror law UAPA besides sections of the Indian Penal Code

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Economy
Dec 14, 2023

Will India be a $5-tn economy by 2025? Netizens do the math after 'impossible' comment by Raghuram Rajan

Former RBI Governor Raghuram Rajan has said it is nearly impossible for India to become a $5 trillion economy by 2025

He said India is maybe a $ 3.5 trillion economy, to be a $5 trillion economy, it has to grow at 12-15% real growth rate

India is projected to grow at 6.3 per cent in FY 2023-24, but it will be slightly less in the next financial year

News
Dec 14, 2023

Intel unveils new AI-centric Core Ultra mobile processors; check details

AI PCs are built with a focus on utilising AI capabilities present in operating systems and applications

Intel claims the new NPU which is branded Intel AI Boost, is built to handle longer-running AI workloads at low power

The Intel Core Ultra is the first processor built on the Intel 4 process technology

Start Up Today
Dec 14, 2023

Exponent Energy raises $26.4 mn in funding led by Eight Roads Ventures for breakthrough 15-minute EV charging tech

TDK Ventures, the investment arm of TDK Corporation, along with Lightspeed, YourNest VC, 3one4 Capital, and others also participated in the funding round

The three-year-old start-up has raised $44.4 million in total so far

It plans to expand its offering in the electric three-wheeler (E3W) space and enter the intercity e-bus segment in 2024

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Economy
Dec 14, 2023

Costlier food items to keep pressure on wholesale inflation

WPI inflation rises to 0.26% in November

Pulses, onions and tomatoes see sharp rise in inflation

Trend continues in December

Banking
Dec 14, 2023

'All movie villains were businessmen': IDFC First Bank's V Vaidyanathan on change in mindset for entrepreneurs in India

IDFC First Bank's Vaidyanathan said the lens through which people now see entrepreneurship, in a positive way, is the biggest change 

Vaidyanathan, a career banker, founded Capital First Ltd in 2012 which later merged with IDFC Bank and became IDFC First Bank

He said in 1980-90s, all villain characters played by Pran, Prem Chopra, and Danny were businessmen, but that no longer happens

Market Perspective
Dec 14, 2023

Sebi chief’s aim of Rs 250 SIP: Is it viable?

Last week, while speaking at the Business Today Most Powerful Women event, Sebi Chairperson Madhabi Puri Buch said the regulator is discussing with mutual fund houses and evaluating ways to make SIPs of just Rs 250 a month viable

Quite a few fund houses currently offer SIP facility of as low as Rs 100 a month in various schemes though it is not an industry standard as of now

Smaller SIPs could see the likes of a delivery boy, rickshaw driver or hawkers investing through the SIP route and based on their experience could switch to bigger investments making them profitable customers, say industry players

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News
Dec 14, 2023

Realme C67 5G with a 50MP camera launched in India under Rs 15,000; check price, offers, specs

In terms of colours, Realme C67 5G comes in Sunny Oasis and Dark Purple colour variants

Realme C67 5G is powered by MediaTek Dimensity 6100+ SoC and offers up to 6GB RAM and 128GB internal storage

Realme C67 5G will go on sale in India on December 16 at 12 pm on Realme.com and Flipkart

Top Story
Dec 14, 2023

Market at record high: Sensex rallies 930 points to top 70,500 level, Nifty settles at 21,183; IT & realty stocks shine

Indian stock markets settled sharply higher on Thursday

BSE Sensex ended above 70,500; Nifty gained 246 points

Broader markets ended higher; India VIX rose over 2%

Unicorns
Dec 14, 2023

E-commerce firm Udaan raises $340 million ahead of planned IPO in 2025: Report

E-commerce firm Udaan raises $340 million in the Series E funding

Udaan plans to strengthen its supply chain and boost vendor partnerships

Udaan, founded in 2016, is planning an IPO in 2025

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