The IPO market is set to be bustling next week, with 11 companies like Vishal Mega Mart, TPG Capital-backed Sai Life Sciences and fintech firm One Mobikwik Systems gearing up to launch their initial share sales, collectively aiming to raise nearly Rs 18,500 crore. Other mainboard IPOs to be launched during this period are Inventurus Knowledge Solutions Ltd and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd.
Prices of various car models -- ranging from entry-level hatchbacks to high-end luxury offerings -- are set to rise as automakers have announced price hikes with effect from January. Carmakers cite an increase in input costs and operational expenses as the main reason to implement price increases from the next month. Industry experts, however, note that the exercise is also undertaken by automakers every year in December to shore up sales volume in the last month of the year, as customers postpone buyouts to later months to get the new year manufactured units.
Three persons associated with a film theatre in Hyderabad have been arrested in connection with the death of a woman due to asphyxiation during a crowd crush at the premiere of actor Allu Arjun's "Pushpa 2: The Rule." The incident occurred on December 4 when a large number of fans thronged the Sandhya theatre to catch a glimpse of the actor, leading to a stampede. The theatre management has been accused of failing to provide adequate security measures for the crowd. Police have registered a case against Allu Arjun, his security team, and the theatre management.
India took control of the match very early and converted their dominance into a goal in the seventh minute through Deepika who deftly converted a penalty corner with a neat flick to give her team the lead.
Mohun Bagan Super Giant extended their positive form with a 2-0 win over NorthEast United FC to move to the top of the table in the Indian Super League in Guwahati on Sunday.
The Maharashtra State Waqf Board has denied issuing notices to farmers in Latur over land ownership. The notices were issued by the Waqf Tribunal following a claim filed by an individual. The Waqf Board says it has not made any claim on land in any village in Latur district.
A group of 101 farmers resumed their foot march to Delhi on Sunday to press the Centre for various demands, including a legal guarantee for Minimum Support Price (MSP). However, they were stopped at the barricading by Haryana Police who cited a prohibitory order clamped by the Ambala administration. The farmers have been pressing for various demands, including a legal guarantee for MSP, a farm debt waiver, pension for farmers and farm labourers, no hike in electricity tariff, withdrawal of police cases (against farmers), and "justice" for the victims of the 2021 Lakhimpur Kheri violence. Reinstatement of the Land Acquisition Act, 2013 and compensation to the families of farmers who died during the previous agitation in 2020-21 are also part of their demands.
Hamilton, who finished fourth on Sunday and joins Ferrari next year, has always raced with a Mercedes engine since his debut at McLaren in 2007.
The sources further stated that all the Indian nationals there are safe and the embassy remains available to assist them in the crisis-hit nation.
Arsenal were held to a 1-1 Premier League draw by London rivals Fulham on a grey wet Sunday at Craven Cottage as Raul Jimenez scored early for the hosts and William Saliba equalised for the visitors at the start of the second half.
A woman in Uttarakhand was forced to transport her brother's body on the roof of a taxi after ambulance drivers demanded exorbitant fees. The incident sparked outrage, prompting the state's chief minister to order an investigation.
Lando Norris won the season-ending Abu Dhabi Grand Prix on Sunday to deliver McLaren's first Formula One constructors' title since 1998
Known to be very competitive, Gukesh said the approach will not change even though he needs three draws from the remaining three games.
Foreign direct investment (FDI) inflows into India have crossed the $1 trillion milestone in the April 2000-September 2024 period, firmly establishing the country's reputation as a safe and key investment destination globally. According to data from the Department for Promotion of Industry and Internal Trade (DPIIT), the cumulative amount of FDI, including equity, reinvested earnings and other capital, stood at $1,033.40 billion during the said period.
How ash gourd juice with black pepper can help you stay healthy all season long
A 42-year-old tantrik arrested for allegedly conspiring to murder a businessman died in police custody in Ahmedabad, Gujarat, after confessing to killing 12 people by giving them drinks laced with sodium nitrite. Navalsinh Chavda was arrested on December 3 and died on Sunday after falling ill. Police are investigating his occult practices and possible involvement in human sacrifices.
After heavy selling in the past two months, foreign investors have staged a strong comeback to Indian equities with a net investment of Rs 24,454 crore in the first week of December amid stabilising global conditions and expectations of potential US Federal Reserve rate cuts. This revival follows significant outflows in the preceding months, with foreign portfolio investors (FPIs) pulling out a net Rs 21,612 crore in November and a massive Rs 94,017 crore in October - the worst monthly outflow on record.
South Africa require five wickets and Sri Lanka need 143 runs as the second Test heads for a potentially exciting conclusion
India were thoroughly exposed in their 10-wicket loss in the second Test of the Border Gavaskar Trophy with the match ending in less than two-and-a-half days as Australia bounced back to level the five-game series 1-1.
India's D Gukesh outplayed Ding Liren to seize a 6-5 lead in the World Chess Championship final
The Bharatiya Janata Party (BJP) has alleged that former Congress president Sonia Gandhi has links to an organisation financed by the George Soros Foundation, which has reportedly supported the idea of an independent Kashmir. The party claims this connection demonstrates foreign influence in Indian internal affairs. This comes after BJP's claims of US involvement in destabilizing India, which the US has denied. The BJP also accused Congress leader Rahul Gandhi of collaborating with the Soros-funded OCCRP to damage India's economy and reputation. The allegations have drawn criticism from the US embassy and the opposition Congress.
The Delhi Police Special Cell arrested a man from Hyderabad for allegedly trafficking Indian youths and forcing them to work in fake call centres engaging in cyber fraud. The arrest came after a 2,500-kilometre non-stop chase, an officer said. The accused, Kamran Haider alias Zaidi, carried a reward of Rs 2 lakh on information leading to his arrest, declared by the National Investigation Agency. Zaidi was apprehended near Nampally Railway Station, Hyderabad, Telangana while trying to escape to another hideout.
Defending champions Bangladesh came up with a clinical bowling performance to outclass India by 59 runs to retain the Asia Cup Under-19 Asia Cup title.
Yoon's decision caused political upheavel in South Korea, including an Opposition-led attempt to impeach South Korea President and protests.
Protests erupted in various parts of West Bengal on Sunday over alleged atrocities against Hindu minorities in Bangladesh. Demonstrations were held in Kolkata, Kanthi, Kakdwip, Sandeshkhali and Purulia, with protesters calling for the release of Hindu leader Chinmoy Krishna Das and boycotting Bangladeshi goods. They condemned the alleged targeting of Hindus in Bangladesh and the hate-driven narratives against India. The protests also saw the burning of Dhakai Jamdani sarees from Bangladesh.
Shami's playing kit and Australian visa are believed to be ready and he was supposed to fly at the earliest but after Rohit's post-match comments, fresh doubts have been cast whether he will go to Australia.
The top-seeded duo, who also competed at the Paris Olympics, showcased a dominant performance to outclass Li and Wang 21-18, 21-12 in the summit clash that lasted 43 minutes.
Pakistan's intelligence agency, the ISI, is reportedly using individuals under the influence of drugs or posing as mentally disturbed to infiltrate India and deliver messages to terrorists in prisons. Officials have reported over 10 such cases since July, with individuals entering from Pakistan and Pakistan-occupied Kashmir and being sent to prisons in Jammu, Punjab, and Rajasthan. Security agencies suspect these individuals are couriers tasked with relaying communication to jailed terrorists. The ISI's tactic is believed to be a response to the increased use of technology in communication, which leaves behind electronic footprints. This method of infiltration has also been linked to drug smuggling operations. The ISI's current tactic is reminiscent of its past use of "sawari operators" on the Samjhauta Express for covert operations, which were effectively curtailed by authorities.
D Gukesh once again matched the defending champion, Ding Liren of China, during the ongoing 11th game of their FIDE World Chess Championship
NCP (SP) chief Sharad Pawar has thrown his weight behind villagers in Solapur, Maharashtra, who are demanding a repoll using ballot papers after raising doubts about the accuracy of Electronic Voting Machines (EVMs). Pawar met with villagers in Markadwadi, where a police case was filed against over 200 people for attempting to conduct an unauthorized re-election. He expressed support for their concerns, claiming that the villagers were "the ones who thought of conducting polls using ballot papers." Pawar criticized the police action, calling it a restriction on the villagers' right to assemble and vowing to raise the issue with the Chief Minister, the state Chief Electoral Officer, the Prime Minister, and the Election Commission of India.
India players were sloppy on the field, giving away too many extra runs and also dropping some catches.
Sharif, who is also the patron-in-chief of the Pakistan Cricket Board (PCB), also told Naqvi that it was not just about money and that the sentiments of the public should also be taken into consideration.
Former all-rounder Shahid Afridi wants PCB to adopt a firm stance on cricketing ties with India.
Investors' sentiments will be guided by a host of domestic and global macroeconomic data announcements this week, along with the trading activity of foreign investors and trends in world stocks, analysts said. Besides, the rupee-dollar trend and movement of global oil benchmark Brent crude will also be crucial in dictating terms in the market, experts added.
Markets to track inflation data, global trends, FII trading this week: Analysts New Delhi, Dec 8 (PTI) Investors' sentiments will be guided by a host of domestic and global macroeconomic data announcements this week, along with the trading activity of foreign investors and trends in world stocks, analysts said. Besides, the rupee-dollar trend and movement of global oil benchmark Brent crude will also be crucial in dictating terms in the market, experts added. "The domestic stock market is likely to be shaped by a mix of global cues, domestic economic indicators, and the flow of investments from foreign and domestic institutional investors. Key factors like the rupee's exchange rate and crude oil prices will play a critical role in determining market trends. "Globally, geopolitical tensions, particularly the ongoing Russia-Ukraine conflict, continue to pose challenges. However, recent declines in the dollar index and US bond yields have created a more favourable environment for emerging markets like India," Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd, said. On the economic front, significant macroeconomic releases, including retail inflation and industrial production data from India as well as US core CPI, are expected to influence overall market sentiment, Gour added. Last week, the BSE benchmark jumped 1,906.33 points or 2.38 per cent, and the NSE Nifty climbed 546.7 points or 2.26 per cent. "FIIs turning buyers in early December, in a total reversal of their sustained selling strategy during the last two months, has altered the market sentiments. The change in FII (Foreign Institutional Investors) strategy is getting reflected in stock price movements, particularly in large-cap banking stocks in which FIIs have been sellers," VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said. The release of US CPI inflation data will give some insights into the Fed's December meeting, an expert said. "The markets' attention is expected to turn towards macroeconomic indicators like IIP and CPI inflation. Additionally, the trend of FII inflows, following their recent buying spree, will remain a key focal point for market participants," Ajit Mishra - SVP, Research, Religare Broking Ltd, said. Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services Ltd, said this week will see significant economic data releases, including GDP numbers from Japan and the UK, along with China's CPI and India's CPI.
The decision was taken as a strong response to the growing unrest in neighbouring Bangladesh.
Mitchell Starc said Australia had left the Perth debacle behind by shutting the "outside noise" following their heavy defeat in the series-opener.
Union Home Minister Amit Shah has announced that India will soon create a comprehensive anti-drone unit to secure its borders. He highlighted the increasing threat posed by drones, especially along the India-Pakistan border, and emphasized a 'whole of government' approach to tackle this issue. Shah also spoke about the ongoing Comprehensive Integrated Border Management System (CIBMS) and the Modi government's Vibrant Village Programme, which aims to develop and integrate the population of northern borders.
Opener Georgia Voll (101) and Ellyse Perry (105) smashed commanding centuries as Australia secured a series-clinching 122-run win over India in the second women's ODI.
Australia captain Pat Cummins said it is a "privilege" to have a bowler of Mitchell Starc's calibre at his disposal.