Moneycontrol Daily: Your Essential 7

N Srinivasan on Wednesday resigned as the  chief executive officer (CEO) of India Cements after the  Competition Commission of India (CCI)  cleared an over Rs 7,000-crore deal through which billionaire Kumar Mangalam Birla-promoted UltraTech Cement will acquire a majority stake in India Cements Ltd. Read more

Today
PM Modi to participate in Veer Baal Diwas programme
Carraro India IPO allotment
President to confer Pradhan Mantri Rashtriya Bal Puraskar to 17 children
Mandala Pooja at Sabarimala Lord Ayyapa Temple
Waqf Bill JPC to meet Tomorrow
Amit Shah to visit Tamil Nadu to open BJP offices
Citichem India limited to launch IPO
One-man panel to visit three districts in Karnataka to enquire into sub-classification within SC
Karnataka Deputy Chief Minister Shivakumar to hold Jai Bapu, Jai Bhim, Jai Samvidhaan rally
YSRCP to protest against hike in electric charges

An Azerbaijan Airlines passenger jet crashed on Wednesday in western Kazakhstan, with 35 people feared dead, officials said. Azerbaijani authorities said 32 people had survived the crash of the Embraer 190 near the city of Aktau, an oil and gas hub on the eastern shore of the Caspian Sea. Read more

The Indian home loan segment has experienced some turmoil in recent years, due to rising interest rates, escalating property prices, and shifting economic dynamics. These factors have created significant challenges for homebuyers, particularly in the affordable housing segment. Read more

LG Electronics will introduce an innovative indoor gardening appliance at the upcoming Consumer Electronics Show (CES), which will start on January 7, 2025. This personal horticultural solution combines an advanced system that encourages fast, healthy plant growth inside a lamp. Moreover, it offers more growing space compared to the company's previous indoor gardening appliances. Read more

Ola Electric on Wednesday announced a major expansion of its retail and service network, growing from 800 to 4,000 stores across India. The revamped outlets will double as service centers, enhancing customer convenience and bolstering the company's presence nationwide. Read more

Edelweiss Mutual Funds CEO Radhika Gupta has asked entrepreneurs to be wary of the "startup romance" that has been trending in the country since most successful businesses only show the rosy side of things and leave out the hard parts. Read more