McDonald’s rival Jollibee plans US listing for global business
Business | Updated: Jan 06, 2026
- Jollibee to spin off international business and list it on a US exchange by 2027
- Jollibee shares jumped 11% after spinoff and US listing plans revealed.
- Shareholders to receive international shares matching their current holdings
Emmvee Photovoltaic hits 10% upper circuit as Jefferies sees up to 70% upside for stock in next 12 months
Business | Updated: Jan 06, 2026
- Emmvee Photovoltaic shares surge 10% after Jefferies' buy rating
- Jefferies forecasts 70% rise due to strong growth and TOPCon tech adoption.
- Stock trades at 50% discount; risks include oversupply and weak demand
Hind Copper, Hindalco, NALCO shares jump up to 6% to fresh record highs on soaring metal prices
Business | Updated: Jan 06, 2026
- Metal stocks hit record highs as copper and aluminum prices surge globally
- Nifty Metal index rose over 1 percent to a new 52-week high of 11,652.70
- Hindustan Copper, Hindalco, and NALCO shares jumped to fresh 52-week highs
Even Healthcare raises $20 million, to expand managed‑care hospitals
Business | Updated: Jan 06, 2026
- Even Healthcare raised $20 million to expand its hospital network in Bengaluru
- Company reached operating break-even in under six months, doubling its valuation
- Even to open 25 hospitals in 36 months, focusing on affordable care.
Bank Nifty recovers nearly 1% intraday amid strong Q3 business updates; ICICI, Axis Bank among top gainers
Business | Updated: Jan 06, 2026
- Nifty Bank index up 1%, driven by ICICI, Axis, and Union Bank gains.
- HDFC Bank hits 3-month low due to slow deposit growth limiting loan expansion.
- IndusInd Bank saw a sequential loan decline, with management overhaul underway
Deep tech VCs tap IIT-Madras as consultancy revenue crosses Rs 2,800 crore
Business | Updated: Jan 06, 2026
- IIT Madras generates Rs 2,800 crore in consultancy, key deep tech VC hub.
- The institute incubated 511 deep tech startups worth over Rs 53,000 crore.
- IITM Global expands consultancy and advisory services to US, Europe, and Asia.
Hatsun Agro launches insider trading probe after 'inadvertent' WhatsApp leak of draft Q3 results
Business | Updated: Jan 06, 2026
- Hatsun Agro exec mistakenly posted draft Q3 results on personal WhatsApp status
- Sensitive draft seen by 19 people, deleted within an hour
- Company to investigate internally, report incident to audit committee and board
Cupid shares rise 9%, extend two-day gains to 26% after falling 36% in two days: Here's why
Business | Updated: Jan 06, 2026
- Cupid shares rose 9% after Q3 update, extending 2-day gains to 26%
- Company revised FY26 revenue guidance to Rs 335 crore, PAT to Rs 100 crore
- Saudi FMCG facility approved, targeting March 2027 completion
HDFC Bank shares hit three-month low on Q3 biz update; brokerages flag slower deposit growth
Business | Updated: Jan 06, 2026
- HDFC Bank shares fell over 2 percent, extending losses after Q3 business update
- Q3 advances rose 9 percent YoY, but slower deposit growth limited lending
- Brokerages say strong deposit inflows needed for future loan growth
Simple Energy looking to raise around $50 million, eyes capacity expansion ahead of 2027 IPO
Business | Updated: Jan 06, 2026
- Simple Energy aims to raise over $100 million in the next two months
- Company targets IPO in 2027 and plans steady retail expansion
- Losses narrowing; expects to break even within next two quarters
SC grants bail to Amtek Group's ex-chairman Arvind Dham in Rs 25,000-crore bank fraud case
Business | Updated: Jan 06, 2026
- Supreme Court grants bail to ex-Amtek chairman Arvind Dham in bank fraud case
- Dham must surrender his passport as per Supreme Court order
- Amtek Group defaulted on loans over Rs 25,000 crore from more than 15 banks
Hindustan Zinc shares rise 2% as silver prices jump, silver ETFs climb 3%
Business | Updated: Jan 06, 2026
- Hindustan Zinc shares up 2% as silver prices surge amid market uncertainty
- Silver ETFs surged, reflecting the sharp increase in silver prices and futures.
- Analysts urge caution; silver stays volatile despite positive medium-term outlook.
Sensex down 400 pts, Nifty below 26,200: Geopolitical tensions, 4 other key factors behind market decline
Business | Updated: Jan 06, 2026
- Sensex and Nifty fell as investors booked profits and FIIs sold equities
- HDFC Bank dropped 2 percent, dragging indices lower amid profit booking
- Market volatility rose, with India VIX up over 2 percent for the third session
Uttar Pradesh tops Deregulation 1.0 rankings, leads in business reforms
Business | Updated: Jan 06, 2026
- Uttar Pradesh ranked first in India's Deregulation 1.0 business reforms exercise
- State fully implemented 23 priorities, enhancing transparency and investor appeal
- Reforms: digitized land use, labor changes, faster utility connections
Bitcoin briefly rises above $94,000 for the first time in four months
Business | Updated: Jan 06, 2026
- Bitcoin trades above $93,950, up 1.33% in a day and 7.73% in a week
- Institutional buying and macro optimism drive crypto market gains
- XRP, SUI, and Lighter lead altcoin surges; MYX Finance drops 16.67%
Venezuela's Caracas Stock Exchange rises nearly 17% in one day as markets react to US capturing Maduro
Business | Updated: Jan 06, 2026
- Caracas Stock Exchange surged nearly 17% after US captured President Maduro
- Venezuelan bonds and PDVSA notes surged on regime change and restructuring hopes.
- VP Rodriguez urged Maduro's return, opposing US transition plans.
India enters 2026 at market inflection point amid global slowdown concerns: Quant Mutual Fund
Business | Updated: Jan 06, 2026
- India expected to surpass Japan as world's fourth-largest economy in nominal GDP
- 2026 global markets volatile from policy changes and currency pressures
- Quant Mutual Fund remains constructive on Indian equities, favoring large caps
Trent shares fall 8% after revenue growth stays flat sequentially; brokerage outlook mixed
Business | Updated: Jan 06, 2026
- Trent shares dropped 8% after Q3 FY26 results missed revenue growth estimates.
- Q3 revenue rose 17 percent YoY to Rs 5,220 crore; store count up 28 percent YoY
- HDFC Securities upgraded Trent to 'Add' with a target of Rs 4,700 per share.
Silver futures open strong above Rs 250,801 amid geopolitical tension; check rates in your city
Business | Updated: Jan 06, 2026
- Silver spot price rose 2.78 percent in a day, reaching $78.74 per ounce on Jan 6
- Geopolitical tensions have boosted silver as a safe-haven investment
- Silver may rally further, with targets of $88.60, $99, and $107 in coming months
Rupee opens 7 paise up as dollar dips
Business | Updated: Jan 06, 2026
- Rupee opened 7 paise higher at 90.21 as dollar index eased on softer US data
- US manufacturing PMI fell to 47.9, marking sharpest contraction since 2024
- Rupee faces pressure from importer demand and US-India trade deal uncertainty
Centre plans separate licence regime for bulk drugs, APIs: Report
Business | Updated: Jan 06, 2026
- India to issue wholesale licences for bulk drugs and APIs to enhance traceability
- New framework to enhance oversight following drug contamination safety lapses.
- Move aims to address supply chain gaps and boost accountability in pharma sector
Gold price today: Spot price rises 2.42% in a week to $4,451; check prices in your city
Business | Updated: Jan 06, 2026
- Gold spot price rose 0.06 percent to $4,451 an ounce on January 6
- Gold futures on MCX opened at Rs 1,38,148 per 10g, up 0.02% from previous close.
- Gold sales dropped 35–40 percent YoY in December 2025 due to high prices
Copper hits record above $13,000 as bulls eye US import rush
Business | Updated: Jan 06, 2026
- Copper hits record $13,187/ton on LME, up 20% since mid-November
- US import rush and tariff uncertainty drive global copper prices higher
- Supply disruptions and low inventories intensify concerns over copper shortages
SIP of Rs 20,000-40,000 a month: How many years will it take to get to Rs 1 crore?
Business | Updated: Jan 06, 2026
- Regular SIPs and patience can build a crore-rupee portfolio over 15 years
- Compounding benefits appear strongly in later years, not early on
- Consistency matters more than timing or chasing higher returns
Does switching ELSS from dividend to growth qualify for Section 80C tax benefit?
Business | Updated: Jan 06, 2026
- Switching ELSS to growth after 3 years qualifies for Section 80C benefit
- Switched amount is treated as a fresh investment for tax deduction purposes
- 12.5% tax on long-term capital gains over Rs 1.25 lakh, no indexation
First Tick: Top global cues to watch in today’s trade
Business | Updated: Jan 06, 2026
- Sensex and Nifty likely to open higher, GIFT Nifty trading at 26,396.50
- Asian and US equities posted gains despite geopolitical tensions
- Brent crude rose 1.7% to $61.76 a barrel amid Venezuela developments
Even Healthcare raises $20 million from existing investors to scale managed-care hospitals in Bengaluru
Business | Updated: Jan 06, 2026
- Even Healthcare raised $20 million to expand managed-care hospitals in Bengaluru
- Company's valuation more than doubled in under 12 months
- First hospital reached operating break-even in under six months
Maduro capture puts spotlight on Maha’s Venezuela oil project
Business | Updated: Jan 06, 2026
- Maha Capital seeks partners for Venezuelan oil project as investor interest grows.
- PetroUrdaneta could boost output from 2,000 to 40,000 barrels a day by 2030
- Maha awaits US OFAC approval and may secure a minority stake from Novonor
Nvidia targets robotaxi launch by 2027, signalling push beyond AI chips
Business | Updated: Jan 06, 2026
- Nvidia plans to test a Level 4 robotaxi service with a partner by 2027
- Service to launch with limited availability; partner and city undisclosed
- Nvidia aims to expand beyond AI chips into autonomous vehicles and robotics
Oil shock or no? Arvind Subramanian plays down Venezuela strike impact as Trump eyes oil exports
Business | Updated: Jan 06, 2026
- Arvind Subramanian says US strikes on Venezuela unlikely to impact oil market
- Dilip Sinha calls US action in Venezuela a violation of international law
- Maduro faces charges in US after being detained and transferred from Venezuela