INDIA
Countdown to mammoth liftoff begins: ISRO's 'Bahubali' rocket to hurl heaviest American satellite BlueBird-6 into space on Dec 15
The mission is being executed by NewSpace India Ltd, ISRO's commercial arm
BUSINESS
Live: Can Nifty extend gains and reclaim 26,000? | Opening Bell
The market snapped a three-day losing streak on dip-buying, with the Nifty rebounding from the 25,700 support zone to finish near 25,900 as the index reclaimed its 50-DEMA after an early slip. Broader markets firmed up, with midcaps rising 1 percent and smallcaps adding 0.8 percent. The rupee, however, hit a record low of 90.37 on strong importer demand, even as FIIs continued selling and DIIs remained steady buyers. The Fed’s rate cut offered some support, though policymakers signalled limited room for further near-term easing. This morning, global cues were positive. US markets ended higher overnight as Oracle sparked rush out of AI trade into the broader markets and Asian markets also mirrored positive moves and edged higher this morning. Catch Lovisha Darad in conversation with Jay Thakkar, Head Derivatives and Quant Research, ICICI Securities and Kunal Vora - Head of India Equity Research, BNP Paribas.
INDIA
Rohini Acharya’s appeal to Nitish Kumar for ‘safe home’ signals growing strain within Lalu’s family
Acharya noted that Bihar’s deeply entrenched patriarchal mindset demands broader social and political transformation
BUSINESS
ICICI Prudential AMC IPO GMP: Rs 10,603-crore IPO subscribed 72% on Day 1 - Check GMP, price band and more
The IPO opened a day after ICICI Prudential AMC raised Rs 3,021.8 crore from 149 anchor investors, including major domestic mutual funds, top global institutions and large insurers
INDIA
Shivraj Patil, former Union minister and Congress veteran, passes away aged 90
Shivraj Patil, 90, passed away at his residence after a brief illness, family sources said.
BUSINESS
ICICI Prudential AMC IPO opens today: Check GMP, price band, lot size, bid details, key timelines
ICICI Prudential AMC IPO will remain open until December 16, with the price band set at Rs 2,061-2,165 per share, implying a valuation of around Rs 1.07 lakh crore. As no fresh capital is being raised, the AMC will not receive proceeds from the offer.
WORLD
Highlights: Cabinet approves Rs 11,718 crore for India’s first fully digital census 2027
BUSINESS
ICICI Prudential AMC IPO sees strong demand from Prashant Jain, Madhu Kela, global giants, domestic MFs
ICICI Prudential AMC’s IPO drew strong interest from marquee global funds, top domestic institutions, and star investors.
INDIA
Goa fire tragedy: Why the Luthra brothers’ deportation from Thailand has been delayed
Goa nightclub fire: The brothers had fled to Phuket within a few hours of the December 6 fire at their nightclub that left 25 dead
PODCAST
Yes Bank churn, a Modi-Trump phone call & SEBI lens on Indigo | Moneycontrol Editor's Picks
Yes Bank’s leadership churn, SEBI tightens scrutiny on Indigo, government sends notice to Apple after spyware alerts, India-US trade talks enter decisive phase, Modi-trump hold “engaging” phone call, Mexico’s tariff blow to Indian exports - the latest edition of Moneycontrol Editor’s Picks examines all this and more. Tune in!
BUSINESS
Stocks to Watch Today: Vedanta, Piramal Pharma, NBCC, Cyient, Honasa Consumer, Kansai Nerolac, Firstsource, Rama Steel in focus on 12 December
Stocks to Watch, 12 December: Stocks like Piramal Pharma, Infosys, Rama Steel Tubes, Firstsource Solutions, Kirloskar Ferrous Industries, Kansai Nerolac Paints, TRF, NBCC (India), Vedanta, RRP Defense, Honasa Consumer, Tata Power Company, Cyient, and Uflex will be in focus on December 12.
INDIA
IndiGo chief’s folded-hands photo was an apology to the nation, says aviation minister
The Ministry of Civil Aviation finally summoned Elbers on Tuesday to assess the crisis and demand corrective measures in the functionality of the airline.
BANKING
SBI to buy 50% stake in new fraud-fighting digital payments company IDPIC
The company, called Indian Digital Payment Intelligence Corporation (IDPIC), is registered as a Section 8 (not-for-profit) company under the Companies Act, 2013. It was incorporated on October 16, 2025. SBI is the initial subscriber and promoter.
INDIA
Before Goa blaze killed 25, Romeo Lane chain faced repeated complaints, fines
A 2023 case alleged that the outlet constructed fixed buildings even though it only had approval for “a temporary wooden shack and huts.”
BUSINESS
FIIs net sell Indian equities worth Rs 2021 crore while DIIs net buy Rs 3796 crore
FPI/FIIs bought shares worth 7,534 crore, while offloading marginally higher at Rs 9,555. crore. As for DIIs, the buying was worth Rs 13,196 crore and selling was lower at Rs 9,400 crore.
INDIA
18 killed, three missing after truck carrying labourers falls into gorge near India-China border
At least 18 labourers died and three remain missing after a truck fell into a gorge in Arunachal’s Anjaw district. PM Modi announced Rs 2 lakh ex-gratia.
BUSINESS
First Water Fund buys additional 0.75% shares in Uflex, raising holding to over 3.6%
After two block deals in current month, the shareholding of First Water Fund might have increased to 3.64 percent in Uflex, from 2.47 percent seen at the end of September 2025.
TRENDS
Italy foreign minister Antonio Tajani serves food at Delhi event. Watch
Earlier in the day, Antonio Tajani met Prime Minister Narendra Modi and described the interaction as 'very positive,' underlining the strength of relations between Italy and India.
PODCAST
Valley investors bet big on India; Blinkit, Instamart, Zepto build Rs 40,000 cr war chest; and Govt sends notice to Apple over spyware alerts
In today’s Tech3 from Moneycontrol, we break down a power-packed day in tech and startups, from Silicon Valley doubling down on India’s deeptech wave with major funding for Airbound and Emergent, to Blinkit, Instamart and Zepto amassing a massive Rs 40,000-crore war chest despite soaring burns. We also unpack the government’s notice to Apple over fresh spyware alerts and Microsoft’s big AI push with Indian IT giants.
BUSINESS
Supreme Court to hear petitions challenging real-money gaming ban in January 2026
Gaming operators had sought an urgent hearing on the matter, stating that their business had come to a standstill and there has been job losses due to the government's online gaming law.
STARTUP
Mamaearth-parent enters men’s grooming with Rs 195 crore Reginald Men acquisition
Announcing the deal on December 11, Honasa said it will acquire a 95 percent stake through a secondary sale, with the remaining 5 percent to be purchased after 12 months based on pre-agreed valuation terms.
BUSINESS
Maharashtra bags 25% of total industrial credit in FY25: RBI report
Of the total bank credit of Rs 42.86 lakh crore, Maharashtra bags Rs 10.86 lakh crore in FY25. This is followed by Delhi with credit of Rs 7.07 lakh crore, Tamil Nadu with Rs 3.10 lakh crore of credit, and Karnataka with Rs 2.55 lakh crore, according to the Reserve Bank of India’s (RBI) Handbook of Statistics on Indian States 2024-25.
BUSINESS
India’s western, southern regions contribute 54% deposits of banks as of March 31, 2025, shows RBI data
On the credit front too, Southern and Western regions received more credit from banks in 2025.
INDIA
India is racing ahead amid global slowdown but must build self-reliance in key sectors, says Mukesh Ambani
Speaking at PDEU’s 13th convocation, Ambani said India is growing near 8% despite a global slowdown and urged greater self-reliance in tech and green energy leadership.
