BUSINESS
TCS pilots AI-led cybersecurity protocols in wake of JLR breach
The cyber incident disrupted vehicle production, led to the exposure of employee data, and has triggered regulatory scrutiny and the risk of legal action against JLR, according to the report.
BUSINESS
HCLTech to acquire HPE’s Telco Solutions business for $160 million
As part of this agreement, nearly 1,500 engineering and telecom specialists from 39 countries will join HCLTech’s global delivery team to help scale the business.
BUSINESS
Cooling US inflation may heat up local markets, GIFT Nifty signals positive open on firm global cues
Indian equities are expected to open higher, with capital market stocks in focus amid ICICI Prudential AMC’s listing and SEBI’s expense ratio reforms.
POLITICS
‘Had a Muslim man lifted a Hindu woman’s veil…’: Omar Abdullah amid hijab row involving Nitish Kumar
His remarks came as several leaders came out in Nitish Kumar’s support, with union minister Giriraj Singh saying that he did nothing wrong
WORLD
Prime Minister Narendra Modi releases the WHO technical report on training in Yoga
A group of protesters staged a sit-in outside the Indian Assistant High Commission in Chattogram after news of the death of Sharif Osman bin Hadi
WORLD
Who was Sharif Osman Hadi? Anti-India youth leader who died in Singapore week after being shot
Hadi was shot in Dhaka while travelling on a rickshaw a week ago, after two men on a motorbike followed him and opened fire before fleeing
BUSINESS
ICICI Prudential AMC Share Price Live: Prudential Corp Holdings pares stake in ICICI Prudential AMC; ICICI Bank retains control
How are stocks performing after solid listing? Check current levels
PODCAST
Mutual fund rules change, what’s new in G RAM G & can AI pivot help TCS? | MC Editor's Picks
In this edition of Moneycontrol Editor’s Picks we tell you how SEBI rules lower the fees paid by mutual fund houses, why India kept key sectors out of its FTA with Oman, if TCS will be able to turn its stock market fortunes, and why G Ram G is more than just a name change. Besides, find the latest from markets to ambitious government projects - tune in.
BUSINESS
Stocks to Watch Today: HCLTech, ICICI Prudential AMC, GPT Infra, Swiggy, Waaree Energies, Niraj Cement, Biocon, Lupin, Ola Electric in focus on 19 December
Stocks to Watch, 19 December: Stocks like HCL Technologies, Bharti Airtel, GPT Infraprojects, Swiggy, Waaree Energies, Premier Energies, Niraj Cement Structurals, Biocon, Arisinfra Solutions, Lupin, InterGlobe Aviation, Mishra Dhatu Nigam, Shree Digvijay Cement Company, Ola Electric Mobility, and ICICI Prudential AMC will be in focus on December 19.
MARKETS
Bajaj Holdings, Swiggy among 4 to join F&O list from December 31st
Inclusion of stocks in F&O boosts its liquidity, visibility, and trading opportunities, allowing investors to hedge portfolios.
BUSINESS
True North sells over 45% stake in Shree Digvijay Cement Company to India Resurgence Fund
Bhavish Aggarwal, the founder and promoter, sold 2.83 crore equity shares (0.64 percent stake) in Ola Electric Mobility, the electric scooter maker, for Rs 90.3 crore at Rs 31.9 per share.
INDIA
ED raids Unnao YouTuber Anurag Dwivedi, seizes luxury cars in online betting money laundering probe
Dwivedi also operates a YouTube channel, which officials say was used to actively promote betting and gambling apps. The promotional content reportedly helped expand the user base of these platforms, significantly widening the scale of illegal betting activity.
BUSINESS
Four stocks including Swiggy, Waaree Energies to start trading in F&O effective December 31
Currently, total 208 stocks are available for trading in the NSE F&O segment.
INDIA
Upcoming assembly polls to new rural employment law: Agenda for CWC meet on December 27
The G RAM G Bill to replace the UPA-era MGNREGA was passed in the Lok Sabha on Thursday. The Opposition has been strongly opposing the bill, accusing the government of insulting Mahatma Gandhi and diluting the provisions of MGNREGA.
PODCAST
More dry powder for Kae Capital and Speciale; Urban company rival Pronto's new funding round; and Mitsubishi's India chip play | MC Tech3
In today’s Tech3 from Moneycontrol, Accenture beats Street estimates as AI demand lifts revenue, but signals a shift by stopping standalone AI disclosures. We track the funding rush into instant home services as Pronto and Snabbit challenge Urban Company. We also look at fresh dry powder from Speciale Invest and Kae Capital, Mitsubishi Electric’s early talks on chip packaging in India, and Coursera’s $2.5 billion all-stock acquisition of Udemy.
BUSINESS
India–Oman joint statement: CEPA signed; focus on energy, maritime security, tech and diaspora welfare
India and Oman signed a CEPA during Modi’s Dec 17–18 visit, along with MoUs and a maritime vision document; both sides also discussed energy and trade.
BUSINESS
FIIs net buy shares worth Rs 596 crore, DIIs net buy Rs 2700 crore on December 18
During the trading session, DIIs purchased shares worth Rs 12,376 crore and sold shares worth Rs 9,675 crore. In contrast, FIIs bought shares worth Rs 11,442 crore but sold shares totalling Rs 10,847 crore.
BUSINESS
Bhavish Aggarwal pares nearly 2.2% stake Ola Electric Mobility in three days
Bhavish Aggarwal Stake Sale: Due to consistent selling by promoter, Ola Electric Mobility maintained its downtrend and hit all-time closing low of Rs 31.26, down 5 percent with higher volumes
INDIA
After parents refuse to accept his interfaith marriage, man kills them; chops bodies into pieces and throws into river in UP
Ambesh's sister Vandana had told the police that her parents and her brother had been missing and that Ambesh had informed her on December 8 that the parents had left the house following an argument and he was going to look for them.
INDIA
An appointment, a joke, and rice balls: The wholesome Priyanka–Gadkari moment Lok Sabha didn’t see coming | Watch
A Lok Sabha exchange led to an instant meeting between Priyanka Gandhi and Nitin Gadkari, offering a rare moment of cross-party dialogue this session.
INDIA
Mehbooba Mufti started the trend: Omar Abdullah's reminder amid hijab row involving Nitish Kumar
Calling Kumar’s action an exposure of his “true colours” as an ally of what he described as a communal party, Abdullah alleged that forcibly pulling at a woman’s veil was not without precedent in Jammu and Kashmir, and pointed directly at Mufti for it.
INDIA
Bengaluru airport pick-up rules spark backlash: Rapido, Namma Yatri warn of longer walks and higher fares
According to BIAL officials, only authorised taxi operators-KSTDC, Mega, Uber, Ola, Quick Ride, OHM Electric Cabs and WTI-are allowed to pick up passengers from the kerbside, while other operators must wait in designated parking areas.
BUSINESS
PET preform closures manufacturer Bai Kakaji Polymers to launch IPO on December 23; check price band, size
Bai Kakaji Polymers IPO | The public issue comprises of entirely fresh issue of 56.54 lakh equity shares.
WORLD
Snowfall in Saudi Arabia? Viral video shows unusual weather, internet divided over whether it is real | Watch
While the visuals appeared extraordinary, snowfall in northern Saudi Arabia is not unprecedented and this is not the first time it has happened.
