INDIA
ISRO’s LVM3-M6 vehicle lifts off with heaviest BlueBird Block-2 satellite | Watch
According to the details shared by the space agency, the LVM3-M6 will place the BlueBird Block-2 satellite into the low earth orbit, which is the largest commercial communications satellite to be deployed there
INDIA
India news highlights: Unnao survivor reacts to HC order, Waqf portal relief, PM Modi’s Lucknow visit
India news updates: Meanwhile, PM Modi is scheduled to visit Lucknow on December 25 to mark the 101st birth anniversary of former Prime Minister Atal Bihari Vajpayee.
BUSINESS
Zydus Life shares gain on partnership with Swiss biopharmaceutical company
Zydus Lifesciences Share Price | The company entered into partnership with Bioeq for commercialisation of NUFYMCO.
BUSINESS
Monte Carlo Fashions shares rise 3% on multiple contracts worth Rs 147 cr
Monte Carlo Fashions | The company received multiple Letter of Award worth Rs 147 crore.
BUSINESS
US overhauls H-1B lottery to favour high-skilled, high-paid workers
The final rule, issued by the DHS and implemented by the USCIS, will apply from the FY2027 H-1B cap season and is aimed at prioritising higher-skilled and higher-paid foreign workers, while still allowing participation across all wage levels.
PODCAST
RBI monitors inflation, H1B visa nightmare & why the India-NZ FTA matters
In this edition of Moneycontrol Editor’s Picks we analyse the India-New Zealand FTA - from what Chinese products the deal can replace to the opposition from a section of NZ administrators, we tell you why the FTA matters more than its critics admit. Also inside: Union budget incentive for small aircraft manufacture, why RBI is watchful of the low inflation scenario, how the top 4 brokers remain optimistic despite losing a significant investor base, why the broader market did not respond to GST and interest rate cuts, how the nightmare for H1B visa holders continues and why 2026 will be the year of weightloss drugs in India. Tune in.
BUSINESS
Stocks to Watch Today: Monte Carlo, Belrise, Emcure Pharma, GPT Infra, Surana Telecom, Vikran Engineering, Federal Bank in focus on 24 December
Stocks to Watch, 24 December: Stocks like Monte Carlo Fashions, Rail Vikas Nigam, Zydus Lifesciences, Emcure Pharmaceuticals, GPT Infraprojects, SJS Enterprises, Surana Telecom, Vikran Engineering, Ajanta Pharma, Coal India, Federal Bank, Bliss GVS Pharma, GAIL India, Belrise Industries, and Marc Technocrats will be in focus on December 24.
INDIA
‘Two biggest fugitives of India’: Viral video of Lalit Modi with Vijay Mallya sparks outrage
In the short clip, filmed in London, Lalit Modi is heard saying, “We are the two fugitives, the biggest fugitives of India.”
BUSINESS
Spices maker Shyam Dhani Industries IPO attracts 241x subscription on day 2, GMP zooms to 88%
Shyam Dhani Industries IPO | The company has received 94.91 crore equity shares bids, which was 241.02 times over the offer size of 39.38 lakh shares via 1.85 lakh applications. The demand has been seen from across categories of investors.
POLITICS
SIR draft rolls out: ECI deletes over 91 lakh voter names in Kerala, MP and Chhattisgarh
According to the poll body, more than 22 lakh names were removed from the electoral rolls in Kerala. In Madhya Pradesh, over 42 lakh entries were deleted, while Chhattisgarh saw the removal of more than 27 lakh voter names.
BUSINESS
HCLTech's arm to acquire Jaspersoft from Cloud Software Group for $240 mn
Jaspersoft is a business intelligence and reporting software provider and operates as a business unit of Cloud Software Group.
BUSINESS
FII/FPIs net sell Indian equities worth Rs 1795 crore while DIIs buy Rs 3812 crore
For the year so far, FIIs have been net sellers of shares worth Rs 2.77 lakh crore, while DIIs have net bought shares worth Rs 7.61 lakh crore.
INDIA
India summons Bangladesh commissioner for second time in a week as ties remain tense
Bangladesh’s foreign ministry said Pranay Verma was summoned earlier in the day, during which Dhaka conveyed its “grave concern over the regrettable incidents”.
BUSINESS
SBI MF acquires 5.8% stake in Belrise for over Rs 788 crore, Amansa Investments sells 2.4% shares in Restaurant Brands Asia
Belrise Industries shares almost doubled (at record high) from its issue price of Rs 90 since listing day May 28 this year.
PODCAST
H-1B dreams caught in visa limbo; India’s startup IPO engine revs up for 2026; and Meta blocks Congress' AI posts targeting PM Modi
In today’s Tech3 from Moneycontrol, we track why thousands of Indian H-1B visa holders are stuck in renewal limbo, even as US authorities push interviews to 2026 and beyond. We also look at India’s startup IPO pipeline building momentum for 2026, Meta restricting AI-generated political content in India, OYO parent PRISM securing shareholder approval for its IPO, and Anicut Capital closing a Rs 1,275-crore private credit fund.
BUSINESS
India outperforms world on Gen AI at work; 75% say AI improves decision-making: EY survey
On decision-making, 75% of employees and 72% of employers say Gen AI improves the quality of decisions, a key differentiator compared with global markets where adoption remains uneven.
POLITICS
Taslima Nasreen's online war against Yunus amid 'jihadi rampage' in Bangladesh: 'Jihadists’ favourite man'
Mr. Yunus, wearing a cap on his head, went to the jihadi’s funeral and wailed loudly. But he did not spend a single sentence on Dipu’s horrific murder, says the Bangladeshi exiled writer.
MARKETS
Tata Motors Finance settles NCD issue case with SEBI for Rs 32 lakh
SEBI held that TMFL’s Tier II perpetual NCD issuances, though structured as private placements, became deemed public issues after being down-sold to over 200 investors within six months.
BUSINESS
Bengaluru-based defence electronics maker Tonbo Imaging taps capital markets, files IPO papers with pure OFS
Tonbo Imaging IPO | The public issue will comprise of solely offer-for-sale of 1.8 crore equity shares with no fresh issue component.
BUSINESS
CoreEL Technologies raises $30 mn in Series B led by ValueQuest Scale Fund
The company looks to scale manufacturing and deepen its presence in large defence programmes.
BUSINESS
Robin Raina denies Eraaya Lifespaces’ claims, says legal fight on for rightful 50% shareholding
Raina said the Supreme Court order was limited only to the issue of whether an immediate reference to arbitration was warranted at that stage.
BUSINESS
Coal India board gives in-principle nod to list arms Mahanadi Coalfields, SECL
The proposed listing of the two subsidiaries are subject to many regulatory approvals, the Indian PSU company said in the post market hours of Tuesday.
BUSINESS
Deeptech startup Naxatra Labs raises $3 million Pre-Series A led by Rainmatter
Founded in Ahmedabad by Abhilash Maurya, Arnav Biswas, and Piyush Verma Naxatra Labs designs and manufactures high-efficiency electric motors for EVs and industrial applications.
BUSINESS
RBI announces measures to infuse Rs 2 lakh crore of liquidity into banking system
The RBI will also conduct USD/INR Buy/Sell Swap auction of $10 bn for a tenor of 3 years to be held on January 13, 2026
