INDIA
Rahul Gandhi shreds Centre amid MGNREGA vs G Ram G: 'PM Modi’s targets are clear'
The Congress leader added that women, Dalits and tribals will get hit the most due to “rationing of the jobs programme”.
POLITICS
Opposition leaders sleep outside Parliament in protest against VB–G RAM G Bill | Watch
This is an insult to India's poor, it is an insult to Mahatma Gandhi, it is an insult to Rabindranath Tagore, says Trinamool Congress leader Sagarika Ghosh.
POLITICS
Odisha BJP MLAs ask CM Majhi to review controversial 3-fold salary hike
BJP legislators say the Bills to enhance the salaries and allowances of MLAs, the chief minister, deputy chief ministers, Speaker, Deputy Speaker, ministers and others should be reconsidered.
INDIA
FIIs dump financials, IT, FMCG in early December; oil & gas, metals, auto see buying
Heavy foreign outflows mark financials, IT and services, while oil and gas continues to attract steady inflows in the first half of December
BUSINESS
Rupee continues easing, opens 10 paise higher at 90.15 against US dollar
In the last three days, Indian rupee has appreciated 1.04 percent against the US dollar, according to the Bloomberg data.
INDIA
Live-in relationships not illegal, rules HC while granting protection to 12 couples: 'May not be acceptable to all ...'
The court directed the police chiefs of the concerned districts to ensure immediate protection to these women in case anyone disrupts their peaceful living.
BUSINESS
Nifty Eyes Rebound After 4-Day Slide; ICICI Pru AMC Makes D-Street Debut Today | Opening Bell Live
The Nifty 50 failed to sustain its intraday recovery and ended flat with a negative bias on December 18, extending its downtrend for the fourth straight session and continuing the lower high–lower low formation. However, both the Nifty and Bank Nifty appear to have formed a bullish reversal-type pattern. The index managed to hold above the 50-day EMA and an upward-sloping support trendline on a closing basis. Experts say a rebound could face resistance in the 25,900–26,000 zone, while a decisive break below 25,750–25,700 may open the door for a deeper correction toward 25,500–25,450. Among stocks in focus today are IT names after Accenture’s earnings, while Bharti Airtel will be watched amid a series of senior leadership changes and Vodafone Idea is in focus after it raises Rs 3,300 crore NCD raise to fund growth. ICICI Prudential AMC makes its stock market debut following strong demand during its IPO. Catch Nandita Khemka in conversation with Raja Venkatraman, Co-founder of NeoTrader, and Alok Agarwal, Head – Quant & Fund Manager at Alchemy Capital Management.
INDIA
Assam gives ultimatum to 15 ‘declared foreigners’: Remove yourselves from India in 24 hours
The 15 people -- of whom six are women -- came from Bangladesh and have been living illegally in India, a Foreigner's Tribunal has ruled
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.
