Moneycontrol Daily: Your Essential 7

Billionaire Anil Agarwal's diversified mining company Vedanta has approved the fourth interim dividend for FY25 at Rs 8.5 per equity share, amounting to Rs 3,324 crore ($392 million), the company said in an exchange filing on December 16. More here.

Today
Sports Minister Mandaviya to launch ‘Fit India Cycling Tuesdays’
Farmer leader to carry out Tractor March and Rail Roko
Arjun Meghwal to introduce 'One Nation One Election' Bill in Lok Sabbha
Vietnam Coast Guard Ship to arrive at Kochi
Repair work to start for Puri Jagannath temple's Ratna Bhandar
Lava Blaze Duo India to launch Tomorrow
TPCC to organise ‘Chalo Raj Bhavan’ protest
Farmer leader Sarwan Singh Pandher to appeal to people of Punjab to join 'Rail Roko'
Senior Badminton National C'ships to kick off

Middle East-based sovereign wealth fund Abu Dhabi Investment Authority (ADIA) has launched a block deal with an offer size of up to $225 million, targeting a complete exit from Mindspace Business Parks REIT (real estate investment trust), multiple industry sources in the know told Moneycontrol. Full report here.

Senior Nationalist Congress Party (NCP) leader Chhagan Bhujbal on December 16 expressed his disappointment at not being included in the new Mahayuti government and said he would decide his future course after talking to people from his constituency. Full story here.

Big tech companies, including Meta, Google and others, will face more scrutiny in the United Kingdom. Britain has introduced stringent new regulations targeting major tech companies like Meta, Google, and TikTok. More here.

Despite the downturn in vehicle sales, the auto component industry remains optimistic and is aiming for a 10-15 percent growth in turnover during FY 2024-25. Full report here.

An artist in Taiwan, who designed a gun that collects her tears, freezes them, and then shoots the frozen tears as bullets at whoever upset her, has said that she was inspired by an argument with her teacher over an assignment. More here.