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High alert, heavy deployment in Murshidabad as suspended TMC MLA Humayun Kabir moves forward with ‘Babri-style’ mosque project

INDIA

High alert, heavy deployment in Murshidabad as suspended TMC MLA Humayun Kabir moves forward with ‘Babri-style’ mosque project

The Beldanga site, where Kabir claimed “three lakh people” would gather, has reportedly been turned into a high-security zone, with RAF, district police and central forces deployed on both sides of the National Highway 12

Manoj Tiwari slams Congress amid row over Shashi Tharoor at Putin dinner: ‘Fail to understand…’

INDIA

Manoj Tiwari slams Congress amid row over Shashi Tharoor at Putin dinner: ‘Fail to understand…’

Shashi Tharoor’s decision to accept the invitation to the state banquet at Rashtrapati Bhavan triggered criticism within his own party, especially as Congress leaders Rahul Gandhi and Mallikarjun Kharge were not invited to the high-profile dinner

Zepto converts to public company ahead of planned IPO in 2026

STARTUP

Zepto converts to public company ahead of planned IPO in 2026

Zepto is aiming to IPO soon after Swiggy announced it is raising Rs 10,000 crore through a QIP, in about a year since it went public and raised over Rs 11,000 crore via an IPO in November 2024. Eternal too raised over Rs 8,000 crore via a QIP.

Party eager for Nitish Kumar’s son Nishant to join politics, says JDU’s Sanjay Kumar Jha

INDIA

Party eager for Nitish Kumar’s son Nishant to join politics, says JDU’s Sanjay Kumar Jha

During the 2025 Bihar assembly elections, posters urging Nishant to join politics had appeared in Patna and Nalanda, though he did not respond publicly.

12 UP labourers stranded in Kyrgyzstan, families allege inhuman treatment: 'Worse than animals'

INDIA

12 UP labourers stranded in Kyrgyzstan, families allege inhuman treatment: 'Worse than animals'

According to the family members of the stranded labourers, a local recruitment agency sent these men to Kyrgyzstan about three months back. They are reportedly forced to work in different cities and denied proper meals.

IndiGo flights cancellation: Civil aviation minister warns of ‘necessary action’ against those responsible

INDIA

IndiGo flights cancellation: Civil aviation minister warns of ‘necessary action’ against those responsible

His comments came amid the unprecedented disruption in air services across the country over the last four days caused by the large-scale cancellation and delay of IndiGo flights

National Herald case: EOW issues notice to DK Shivakumar, DK Suresh over Young Indian transactions

INDIA

National Herald case: EOW issues notice to DK Shivakumar, DK Suresh over Young Indian transactions

The notice asks the brothers to provide a full breakdown of all payments made to Young Indian, including the purpose of the transfers, source of funds, any correspondence with the company or associated stakeholders, and whether donation receipts were issued.

Former Pentagon official says Trump deserves Nobel for boosting India-Russia ties; decodes how US is reading Putin’s India tour

INDIA

Former Pentagon official says Trump deserves Nobel for boosting India-Russia ties; decodes how US is reading Putin’s India tour

Michael Rubin said that President Trump deserves a Nobel Prize for bring Indian and Russia together

IndiGo latest news: IndiGo to operate 1,500 flights as 95% of network restored after nationwide disruption

INDIA

IndiGo latest news: IndiGo to operate 1,500 flights as 95% of network restored after nationwide disruption

IndiGo crisis live updates: At Bengaluru airport, 124 flights were cancelled (63 departures, 61 arrivals), while Mumbai saw 109 cancellations (51 departures, 58 arrivals). Delhi recorded 106 cancellations, and Hyderabad faced 66.

Indigo’s turbulence, RBI’s rate cut & stronger India-Russia ties | MC Editor's Picks

PODCAST

Indigo’s turbulence, RBI’s rate cut & stronger India-Russia ties | MC Editor's Picks

Moneycontrol investigates what went wrong with Indigo’s strategy, what the airline’s lower market cap could mean for investors and how India’s weak aviation market oversight led to the current crisis. Also find reportage on the RBI’s repo rate cut - our journalists have decoded the development, delivering insights into what led to the decision, its expected impact on your money and what the central bank’s outlook is likely to be going ahead. Listen in on the major developments on India-Russia diplomatic relations and get your updates on all the other latest news in today’s edition of Moneycontrol Editor’s Picks. 

Dubai shoots past skyline with record-breaking Ciel Tower hotel - check room prices and structure details

WORLD

Dubai shoots past skyline with record-breaking Ciel Tower hotel - check room prices and structure details

Ciel Tower has incorporated distinctive architectural features to manage its height and exposure to wind.

Fifa awards first-ever Peace Prize to Trump during World Cup draw ceremony

WORLD

Fifa awards first-ever Peace Prize to Trump during World Cup draw ceremony

The certificate presented to Trump commends him for actions taken “to promote peace and unity around the world.”

Zafrani paneer roll, kulfi, jhol momo and more: Inside the diverse menu of Putin's state banquet at Rashtrapati Bhawan

INDIA

Zafrani paneer roll, kulfi, jhol momo and more: Inside the diverse menu of Putin's state banquet at Rashtrapati Bhawan

The heart of the banquet lay in the main course, where Rashtrapati Bhavan’s chefs assembled a substantial spread built around seasonal produce.

Wakefit Innovations mobilises Rs 580 crore via anchor book, Rs 1,289-crore IPO to open on December 8

BUSINESS

Wakefit Innovations mobilises Rs 580 crore via anchor book, Rs 1,289-crore IPO to open on December 8

Wakefit Innovations IPO | The company hit Dalal Street with its Rs 1,289-crore initial public offering.

British American Tobacco affiliates offload 9% stake in ITC Hotels for Rs 3,856 crore, HCL Capital picks up 7% shares

BUSINESS

British American Tobacco affiliates offload 9% stake in ITC Hotels for Rs 3,856 crore, HCL Capital picks up 7% shares

As of September 2025, Myddleton Investment Company, and Tobacco Manufacturers India were holding 2.33 percent and 12.2 percent stake, respectively, in ITC Hotels.

Corona Remedies raises nearly Rs 195 crore from 15 anchor investors ahead of Rs 655-crore IPO

BUSINESS

Corona Remedies raises nearly Rs 195 crore from 15 anchor investors ahead of Rs 655-crore IPO

Corona Remedies IPO | The company has finalised allocation of 18.34 lakh shares to anchor investors at the upper price band.

FIIs net sell Indian equities worth Rs 439 crore, while DIIs net buy Rs 4,189 crore

BUSINESS

FIIs net sell Indian equities worth Rs 439 crore, while DIIs net buy Rs 4,189 crore

For the year so far, FII/FPIs remain net sellers, offloading Indian equities worth Rs 2,68 lakh crore. On the other hand, DIIs added strength to the market with their buying spree reaching Rs 7.25 lakh crore for the year so far.

Netflix agrees to buy Warner Bros for $72 billion; Binance CEO Richard Teng on India; Meesho, Aequs IPOs deliver blockbuster subscription; and After Ola, PhonePe pulls plug on ONDC offering | MC Tech3

PODCAST

Netflix agrees to buy Warner Bros for $72 billion; Binance CEO Richard Teng on India; Meesho, Aequs IPOs deliver blockbuster subscription; and After Ola, PhonePe pulls plug on ONDC offering | MC Tech3

In today’s Tech3 from Moneycontrol, we take you through the biggest stories of the day: Netflix signs a massive $72 billion deal to buy Warner Bros Discovery’s studios, Meesho’s blockbuster 79X subscription as IPO frenzy sweeps the markets, Binance CEO Richard Teng says India is extremely critical for reaching a billion crypto users, and hyperlocal shakeouts hit ONDC as Pincode shuts to consumers. Plus, nationwide travel disruption as IndiGo cancels hundreds of flights.

Quess Corp elevates Lohit Bhatia as CEO from Jan 1; Guruprasad Srinivasan to remain ED

BUSINESS

Quess Corp elevates Lohit Bhatia as CEO from Jan 1; Guruprasad Srinivasan to remain ED

As CEO, Bhatia will run day to day operations, while Executive Director Guruprasad Srinivasan will continue to lead overall strategy and long term priorities.

Business in the Week Ahead (December 8-12, 2025)

BUSINESS

Business in the Week Ahead (December 8-12, 2025)

India’s policy overhang has just lifted, courtesy RBI. Looking ahead, the coming week has a clutch of IPOs, inflation numbers and the Fed rate call and much more. So, buckle up for the ride!

After outrage over crumbling infrastructure, Karnataka IT minister, Bengaluru civic chief meet CXOs on ORR, promise action

INDIA

After outrage over crumbling infrastructure, Karnataka IT minister, Bengaluru civic chief meet CXOs on ORR, promise action

Karnataka IT-BT minister Priyank Kharge said the state government has earmarked Rs 450 crore for comprehensive road upgradation along Silk Board-KR Pura stretch, including black-topping, service roads, street lighting, and pedestrian infrastructure.

DGCA flags IndiGo's lapses causing massive pan-India chaos, reveals what led to cascading delays

INDIA

DGCA flags IndiGo's lapses causing massive pan-India chaos, reveals what led to cascading delays

The regulator noted that during a review meeting earlier, IndiGo acknowledged that it had failed to anticipate the actual crew requirement under the revised norms and admitted to “significant planning and assessment gaps” in implementing Phase-II of the FDTL CAR 2024.

Taiwan’s Allegiance Group to invest Rs 1,000 crore in Karnataka, to create 800 jobs

INDIA

Taiwan’s Allegiance Group to invest Rs 1,000 crore in Karnataka, to create 800 jobs

Karnataka government signed a Memorandum of Understanding with The Allegiance International Co. Ltd. of Taiwan to establish the Ind-Taiwan Industrial Park (ITIP).

IndiGo flights from Bengaluru to Mumbai, Delhi cancelled; airport issues advisory

INDIA

IndiGo flights from Bengaluru to Mumbai, Delhi cancelled; airport issues advisory

Sources told Moneycontrol that 102 flights -52 arrivals and 50 departures - were cancelled at the airport on December 5

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