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Moneycontrol News

Moneycontrol News

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Under-construction bullet train bridge accident kills man, 9-year-old daughter in Gujarat

INDIA

Under-construction bullet train bridge accident kills man, 9-year-old daughter in Gujarat

The National High Speed Rail Corporation Limited (NHSRCL) said the incident occurred around 4.45 pm while work was underway on the Tapi River bridge.

From smart glasses to anti-drone units: Inside Delhi’s Republic Day security grid

INDIA

From smart glasses to anti-drone units: Inside Delhi’s Republic Day security grid

The Delhi Police will deploy AI-enabled smart glasses and advanced facial recognition systems for the first time during the Republic Day parade, aimed at strengthening surveillance and improving real-time threat detection ahead of Republic Day.

SIR of electoral rolls to be expanded nationwide soon: CEC Gyanesh Kumar

INDIA

SIR of electoral rolls to be expanded nationwide soon: CEC Gyanesh Kumar

Kumar said the revision exercise is currently being carried out smoothly in 12 states and Union territories, while it has already been successfully completed in Bihar.

Transformer manufacturer Kanohar Electricals files IPO papers with fresh issue size of Rs 300 crore

BUSINESS

Transformer manufacturer Kanohar Electricals files IPO papers with fresh issue size of Rs 300 crore

Kanohar Electricals IPO | The company proposed to mop up Rs 300 crore via issuance of fresh shares, while promoter K Sons Family Trust will be selling up to 1.45 crore shares via offer-for-sale.

SBFC Finance leadership reshuffle: Aseem Dhru resigns as MD & CEO; Mahesh Dayani to take over role from April 1

BUSINESS

SBFC Finance leadership reshuffle: Aseem Dhru resigns as MD & CEO; Mahesh Dayani to take over role from April 1

Mahesh Dayani, who currently serves as Executive Director, has been re-designated as Managing Director & CEO of SBFC Finance.

Adani Enterprises says no disclosure required on US regulator report, denies involvement in US legal proceedings

BUSINESS

Adani Enterprises says no disclosure required on US regulator report, denies involvement in US legal proceedings

The company emphasized that no allegations have been made against it and that it is not a party to the proceedings in question.

ICICI Pru to "grandfather" two FOFs; new investments to stop from January 27

BUSINESS

ICICI Pru to "grandfather" two FOFs; new investments to stop from January 27

As part of the grandfathering process, the scheme will continue with its current structure but will be merged and/or wound up upon completion of three years from January 20, 2026.

Video | Rajasthan town locked in deep freeze as mercury dips to minus 7, water bodies turn to ice

INDIA

Video | Rajasthan town locked in deep freeze as mercury dips to minus 7, water bodies turn to ice

What makes the chill more striking is its timing. Typically, winter begins to loosen its grip after Basant Panchami, yet over the past few days, the opposite has unfolded here.

Kotak Mahindra Bank Q3 result: Profit rises 4% at Rs 3,446 crore

BUSINESS

Kotak Mahindra Bank Q3 result: Profit rises 4% at Rs 3,446 crore

Total income rose to Rs 16,741 crore during the quarter under review from Rs 16,050 crore in the same period last year, Kotak Mahindra Bank said in a regulatory filing.

Tharoor defends stance on Op Sindoor amid rift buzz in Congress: 'Remain unapologetic'

INDIA

Tharoor defends stance on Op Sindoor amid rift buzz in Congress: 'Remain unapologetic'

Answering questions during a session at the Kerala Literature Festival here, Tharoor said he had taken a strong stand on that issue and remained "unapologetic".

Man kills 4-yr-old daughter by hitting her with rolling pin over Mathematics homework

INDIA

Man kills 4-yr-old daughter by hitting her with rolling pin over Mathematics homework

The Faridabad resident, identified as Krishna Jaiswal, reportedly tried to pass off the murder as an accidental death. He claimed that his daughter fell down the stairs which resulted in her death.

India’s next giant leap: ISRO shifts from space missions to permanent presence with Bharatiya Antariksh Station

INDIA

India’s next giant leap: ISRO shifts from space missions to permanent presence with Bharatiya Antariksh Station

This step, taken through an Expression of Interest, is the first tangible move towards placing Indians in a continuously occupied orbital laboratory, with the debut module targeted for launch in 2028.

US signals relief for India with possible rollback of 25% tariff: 'There is a path'

INDIA

US signals relief for India with possible rollback of 25% tariff: 'There is a path'

Bessent said that although the tariffs remain in place, reductions in Indian purchases of Russian crude offer a basis to reconsider punitive duties introduced under the Trump administration.

Indian man shoots wife, 3 others dead during family dispute in US as kids hid in closet

WORLD

Indian man shoots wife, 3 others dead during family dispute in US as kids hid in closet

In order to protect themselves, the three children hid in a closet when Kumar shot dead his wife and others.

Snipers deployed, Central Vista project on halt: Elaborate security for R-Day parade months after terror attack

INDIA

Snipers deployed, Central Vista project on halt: Elaborate security for R-Day parade months after terror attack

Several unprecedented security measures have been put in place this year across the New Delhi area and around the Red Fort, particularly in view of the car blast reported near the Red Fort earlier on November 10.

Airlines on alert as rising US-Iran tensions trigger flight suspensions

WORLD

Airlines on alert as rising US-Iran tensions trigger flight suspensions

While Air France and KLM are among the first European carriers to announce suspensions, the situation could have broader implications for airlines with heavy Middle East connectivity

Urban Company’s InstaHelp burns Rs 61 crore in Q3 as revenue jumps to Rs 6.8 crore

BUSINESS

Urban Company’s InstaHelp burns Rs 61 crore in Q3 as revenue jumps to Rs 6.8 crore

Urban Company said stepped-up investments in its newly-launched InstaHelp vertical will keep the consolidated business loss-making for the next few quarters, as it prioritises building scale and market leadership in high-frequency, on-demand home services.

India–EU ties poised for upgrade with trade deal, defence pact on table

INDIA

India–EU ties poised for upgrade with trade deal, defence pact on table

European Commission President Ursula von der Leyen on trade deal with India said while the last mile is the hardest to achieve, it will be more than worth it

Tension in Ujjain town as vehicles torched, shops vandalised stones pelted over attack on VHP leader

INDIA

Tension in Ujjain town as vehicles torched, shops vandalised stones pelted over attack on VHP leader

The violence first broke out on Thursday night when Sohal Thakur Bundela, local head of VHP's Gau Seva Prakoshtha, was allegedly assaulted by a group of men from the minority community following a verbal exchange.

Trump lashes out at Canada for opposing Greenland Golden Dome: 'China will eat them up'

WORLD

Trump lashes out at Canada for opposing Greenland Golden Dome: 'China will eat them up'

The US President warned that Beijing could 'eat them up' within a year if Canada prioritises closer ties with China over US-backed security.

Mphasis CEO Nitin Rakesh warns against ‘race to the bottom’ pricing in AI era

BUSINESS

Mphasis CEO Nitin Rakesh warns against ‘race to the bottom’ pricing in AI era

Rakesh said customers are no longer satisfied with vendors merely optimising the cost of people. Instead, they are pushing for vendors to reduce the effort required to deliver outcomes, especially in “run” operations.

Davos despatch, Sridhar Vembu exclusive & how Ixigo dodged IndiGo chaos | MC Editor's Picks

PODCAST

Davos despatch, Sridhar Vembu exclusive & how Ixigo dodged IndiGo chaos | MC Editor's Picks

As WEF wraps up in Davos, Moneycontrol gets you the latest despatches from the event - find interviews with Infosys CEO Salil Parekh, Paolo Dal Cin (global lead for cybersecurity at Accenture) and Karnataka IB Minister MB Patil. In other news - the pressure continued on Indian stocks and the Rupee, local family run jewellery stores are feeling a liquidity squeeze, learn about the sweat and blood that went into making of the India-EU trade deal and how Ixigo was an unlikely gainer from IndiGo’s crisis. Also inside: an interview with Zoho’s Sridhar Vembu. Tune in!

KRM Ayurveda IPO closes with over 64 times subscription; Shayona Engineering offer booked 1.34 times on day 2

BUSINESS

KRM Ayurveda IPO closes with over 64 times subscription; Shayona Engineering offer booked 1.34 times on day 2

KRM Ayurveda will finalise IPO share allotment by January 27, and its equity shares will be available for trading on the NSE Emerge effective January 29.

HCLTech to acquire Singapore-based wealth consulting firm Finergic for $14.88 million

BUSINESS

HCLTech to acquire Singapore-based wealth consulting firm Finergic for $14.88 million

This is HCLTech’s fourth acquisition in in less than three months. Previously, HCLTech acquired HPE’s Telco Solutions business for $160 million, AI startup Wobby for $5.2 million and Jaspersoft for $240 million.

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