McDonald’s rival Jollibee plans US listing for global business

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

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

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

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

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

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

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

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

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

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

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%

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

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

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

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

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

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

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

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

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

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

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

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?

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?

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

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

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

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

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

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