BUSINESS
Exim Routes IPO subscribed over 14 times; Ashwini Container Movers, Stanbik Agro public issues sail through on final day
All three companies will finalise their IPO share allotment by December 17, and their shares will be available for trading on the bourses effective December 19.
BUSINESS
FIIs net sellers of Indian equities worth Rs 2382 crore, while DIIs net buyers at Rs 1077 crore
For the year so far, FII/FPIs remain net sellers, having offloaded Indian equities worth Rs 2.67 lakh crore. On the other hand, DIIs have added significant strength to the market, with their cumulative buying reaching Rs 7.20 lakh crore during the same period - the highest ever in a single year.
INDIA
'Smog from Punjab is not...': Bhagwant Mann refutes claims of stubble burning affecting Delhi's air
Delhi continued to reel under hazardous air conditions on Tuesday as the city's overall Air Quality Index (AQI) stood at 378 at around 8 am, placing it in the 'very poor' category, according to data from the Central Pollution Control Board (CPCB).
BUSINESS
Bhavish Aggarwal sells Ola Electric shares via bulk deal to repay Rs 260-crore promoter loan
In a statement, Ola Electric said the transaction was a one-time, limited monetisation by the founder at a personal level to fully repay a promoter-level loan of Rs 260 crore.
PODCAST
Meesho's Vidit Aatrey turns billionaire a week after IPO; Angel investors pull back from India; and Why angel investors fear to tread in India | MC Tech3
In today’s Tech3 from Moneycontrol, we track Zepto’s plans to file for a $500 million IPO as competition heats up in quick commerce. We also break down Meesho’s blockbuster listing that turned co-founder Vidit Aatrey into a billionaire, Marico’s talks to acquire protein startup Cosmix and the sharp drop in angel investments amid regulatory changes.
INDIA
'We were completely defeated on day 1': Congress leader Prithviraj Chavan stirs controversy over Operation Sindoor
Furthermore, he questioned the need to maintain large military forces, stating that wars will be fought in the air.
INDIA
How SIR in West Bengal will reshape electoral map across districts and high profile seats
The draft electoral rolls show the state's electorate shrinking from around 7.66 crore voters to over 7.08 crore, after names were deleted on grounds ranging from death and permanent migration to duplication and non-submission of enumeration forms.
BUSINESS
CoinDCX records Rs 51,333 crores in 2025 trading volumes; institutional client onboarding grows over 35% YoY
SIP holders grew 623% YoY, with the platform having 572,000 total SIPs created in 2025, as per CoinDCX annual report.
INDIA
Noida cybercrime racket cheating US nationals of $8.5 million busted by CBI with FBI inputs
Acting on inputs from the US Federal Bureau of Investigation (FBI), CBI teams launched operations in Noida and caught six key accused in the act of defrauding American citizens
BUSINESS
HSBC sees CAD easing sharply in Q4, but full-year pressures to persist
The near-term improvement follows a sharp correction in India’s merchandise trade deficit in November, which narrowed to $24.5 billion from a record $42 billion in October.
INDIA
After cab drivers’ protest, Bengaluru airport claims 95% of passengers are comfortable with new arrival pick-up system
Hundreds of airport cab drivers staged a protest near Sadahalli toll gate on December 16, opposing the new parking and pick-up norms at Bengaluru’s Kempegowda International Airport.
WORLD
From Kolkata to Amman: The Indian-born princess linking Jordan’s royal family to the subcontinent
Born into the prominent Suhrawardy family, Sarvath Ikramullah grew up amid politics and diplomacy. Her father, Mohammed Ikramullah, was an Indian Civil Service officer who later became Pakistan’s first Foreign Secretary.
INDIA
MGNREGA in 'G RAM G' avatar: Decoding BJP's renaming of schemes, laws and ministries
WORLD
Replica of Statue of Liberty falls due to strong winds in Brazil, video goes viral | Watch
Reports said that the replica was around 114 feet tall and was one of the several similar structures that had been placed outside Havan stores in Brazil. Officials quoted by local media outlets said that while the upper section of the statue, which was about 78 feet was affected by the fall, the 36-foot pedestal remained intact.
BUSINESS
Equity flows, IPO supply and valuations: Fund managers weigh market risks and opportunities
When asked to choose between IPO-only and secondary-market-only portfolios through 2026, the fund managers expressed a preference for secondary markets, citing better data availability, longer performance history, and greater comfort in evaluating businesses
INDIA
India Rips Into Pakistan at UNSC Over Kashmir, Terrorism and Democracy
India delivered a sharp rebuke to Pakistan at the UN Security Council, calling out Islamabad’s “unique” way of respecting democracy by jailing a prime minister and granting lifetime immunity to its army chief. New Delhi reaffirmed Jammu & Kashmir as an integral part of India and vowed to counter Pakistan-sponsored terrorism in all forms.
BUSINESS
Long-short funds in focus: Can SIFs generate alpha in a volatile market
Gains generated within SIFs are not taxed until redemption, regardless of trading activity within the portfolio, offering an advantage over direct trading strategies.
INDIA
AAD EduCity: All about Andhra Pradesh's sprawling new hub for aviation talent
The initiative aligns with the National Civil Aviation Policy, the National Education Policy 2020, Make in India and India’s broader aerospace and defence ambitions.
BUSINESS
Dezerv's Sandeep Jethwani weighs on market volatility, overdiversification and power of compounding
Today, when we look across portfolios, we do find over diversification, but at the same time we are not seeing portfolios getting hyper concentrated towards small and midcaps, Jethwani said.
POLITICS
Modi Reveals Bold Vision For India–Jordan Ties | Big Signal To Global Investors
Prime Minister Narendra Modi invited Jordanian companies to invest in India, highlighting the country’s strong economic performance and growth rate of over 8 per cent. Speaking at the India–Jordan Business Forum in Amman, he said India is on course to become the world’s third-largest economy, driven by productivity-oriented governance and innovation-led policies. Modi emphasized that India offers attractive long-term opportunities and assured Jordanian investors of good returns. Stressing that business relationships go beyond numbers, he underlined the importance of building a lasting partnership based on historical trust and shared future goals. He encouraged Jordan to become a partner in India’s growth story and pointed to new opportunities opening up for Jordanian firms. Modi also proposed collaboration in healthcare, suggesting Indian companies could manufacture medicines and medical devices in Jordan, helping the country emerge as a regional hub for West Asia and Africa. Additionally, he highlighted cooperation in agriculture, including dryland farming, precision agriculture, micro-irrigation, and food infrastructure development.
BUSINESS
Rupee closes at historic low of 91.03 against US dollar
The spillover of the currency depreciation was also seen on the equity markets, which ended lower for the second consecutive day on December 16.
BUSINESS
RBI receives 2X bids at USD/INR buy-sell swap auction; accepts $5.07 bn
The near leg or spot leg is on December 18, 2025, and the far leg is on December 18, 2028.
INDIA
Woman sells flat, plots after scammers put her under 'digital arrest', loses Rs 2 crore
The incident happened in June when she got a call from someone who told her was a courier official and said that a suspicious piece of baggage that was linked to her Aadhaar card had been found and seized.
BUSINESS
Sona Valliappa Group’s Rs 150 cr SCALE campus near Bengaluru to train GCC-ready workforce
The 105-year-old group said SCALE will focus on skilling students and professionals for emerging technologies, with a strong emphasis on AI, advanced manufacturing and GCC requirements.
