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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

Full restoration in couple of days, says aviation ministry as it initiates inquiry into IndiGo flight disruption

INDIA

Full restoration in couple of days, says aviation ministry as it initiates inquiry into IndiGo flight disruption

This comes after the airline faced heat both from the regulator DGCA and the aviation ministry for the massive flight disruptions.

Remain positive about Indian equities; market breadth set to improve, says Quant MF’s Sandeep Tandon

BUSINESS

Remain positive about Indian equities; market breadth set to improve, says Quant MF’s Sandeep Tandon

Quant’s portfolios continue to be biased toward large-cap stocks, though exposure to select mid- and small-cap names has been increased across equity and hybrid schemes.

Technical View: Nifty could hit 26,440 as long as it holds 26,060; Bank Nifty forms long bullish candlestick after RBI rate cut

BUSINESS

Technical View: Nifty could hit 26,440 as long as it holds 26,060; Bank Nifty forms long bullish candlestick after RBI rate cut

Nifty moved sharply higher following the policy announcement and continues to trade above the 21-day exponential moving average.

India inflows hit six-month high as global emerging markets momentum lifts sentiment

BUSINESS

India inflows hit six-month high as global emerging markets momentum lifts sentiment

Sector flows were mixed during the week. EM Technology funds recorded $830 million outflow, ending a ten-week spell of inflows totalling $30 billion. Commodity equity funds returned to positive territory with $360 million in fresh allocations, reversing a five-week phase of profit-taking that had drained $3.5 billion.

Fineotex Chemical shares settle 6% higher on US specialty oilfield chemicals acquisition

BUSINESS

Fineotex Chemical shares settle 6% higher on US specialty oilfield chemicals acquisition

Shares rose after the company said it would acquire CrudeChem Technologies Group through its subsidiary.

'Occult' twist to Haryana child killings? Family claims accused Poonam was 'possessed', spoke in 'strange voice'

INDIA

'Occult' twist to Haryana child killings? Family claims accused Poonam was 'possessed', spoke in 'strange voice'

Police say her actions stemmed from a psychological disorder, but the families of the murdered children insist an occult influence may have driven Poonam.

Wakefit, Corona Remedies IPO GMPs rise to 34% as subscriptions open on Monday

BUSINESS

Wakefit, Corona Remedies IPO GMPs rise to 34% as subscriptions open on Monday

Platforms tracking unofficial market activity indicate that the two IPOs are commanding grey market premiums (GMPs) of up to 34 percent.

Nifty Clocks Triple-Digit Gains After RBI Rate Cut But Logs Losses For The Week| Closing Bell Live

BUSINESS

Nifty Clocks Triple-Digit Gains After RBI Rate Cut But Logs Losses For The Week| Closing Bell Live

Share Market LIVE Today: India's stock benchmarks inched 0.6 percent higher on Friday, led by domestic rate-sensitive financials, after the Reserve Bank of India lowered the key interest rate by 25 basis points. Join Nandita Khemka and Yatin Mota in conversation with Nilesh Jain, Head VP- Derivative and Technical Research, Centrum Broking Ltd and Ajay Bagga - Market Expert

BrahMos 2.0? India, Russia eye deadlier, longer-range versions amid Putin’s Delhi visit

INDIA

BrahMos 2.0? India, Russia eye deadlier, longer-range versions amid Putin’s Delhi visit

According to defence officials quoted by ANI, both sides see a growing need for lighter versions of the not-yet-inducted BrahMos NG, designed to be compatible with a wider range of fighter aircraft

DGCA rolls back new ‘weekly rest’ rules: What triggered IndiGo's massive meltdown

INDIA

DGCA rolls back new ‘weekly rest’ rules: What triggered IndiGo's massive meltdown

IndiGo’s ongoing operational turmoil pushed India’s aviation sector into unprecedented turbulence, now in its third day, exposing the difficulties of transitioning to the new flight duty time limitations (FDTL) norms for pilots

India, Russia stand shoulder to shoulder against terrorism, says PM Modi

INDIA

India, Russia stand shoulder to shoulder against terrorism, says PM Modi

According to PM Modi, Russian President Vladimir Putin's leadership, under all circumstances, has elevated India and Russian ties to new heights

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