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Shares of Bajaj Housing Finance slipped 6% to their day’s low of Rs 132.85 on the BSE in today’s session as today marks the end of the stock’s 3-month lock-in period wherein 12 million shares became available to trade in the market. This represents 2% of the total equity of the company, which was held by the anchor investors since the IPO.

Info Edge (India) Ltd. traded 2.72 per cent in Thursday's session at 09:59AM (IST). The stock opened at Rs 8600.00 and has touched an intraday high and low of Rs 8776.00 and Rs 8600.00, respectively, during the session so far. The stock quoted a 52-week high of Rs 8776.00 and a 52-week low of 4703.30. About 1,620 shares changed hands on the counter so far.

RLNG gas supply agreement with GAIL for 7 years. “We would like inform you Our Company has entered into an agreement with GAIL (India) Limited (GAIL) and exchanged the document at Raipur on 10.12.2024 for supply of RLNG Gas for Company's upcoming pellet plant in the ordinary course of business for a period of 7 years,” said the company in a filing to the exchanges.

Amnish Aggarwal, Head of Research, Prabhudas Lilladher, says in the IT sector, a lot depends on how the growth momentum pans out. But there are a lot of expectations built into what happens in the developed markets once Trump assumes the chair next month and that is getting reflected. Also the domestic growth scenario looks quite mixed in many sectors. So, IT looks to be safer and more defensive in comparison to some of the segments. If you are looking at the sector-wise breakup today, PSU banks are on the back foot. But having said that, railway stocks are doing quite well, while defence has managed to come back. In fact, other industrials and public sector entities have been doing well. Does that make you believe that perhaps the dip that we saw in the public sector entities, whether defence, whether railways and all of that, is behind us and now the buying would resume? Amnish Aggarwal: One cannot put all the PSUs in one basket per se because when it comes to railways, defence and some of the other industries related to capital goods, engineering, EPC, construction, etc., there were no order flows which came in Q1. In the second quarter it picked up, but now we are in the last four months of the year, and we will see more and more order announcements happening across these segments.

Subscribe to enjoy similar stories. The Centre is working on a $3 billion package for the electronics industry to encourage private sector research and development (R&D) and create leading brands, two people aware of the development said. A task force set up by the ministry of electronics and information technology (Meity) six months ago studied the viability and market-readiness of such a scheme and submitted actionable points, the people said on the condition of anonymity.

Subscribe to enjoy similar stories. Dr. Vikram Ambalal Sarabhai, father of India’s space programme, once said, “We do not have the fantasy of competing with the economically advanced nations in the exploration of the moon or the planets or manned space flight.

Research shows Americans are frustrated with what they perceive as aloofness and gridlock within civic institutions

Regional supermarket chain Stop & Shop is installing kiosks in all of its stores in the Northeast U.S. to make digital-only coupons more accessible

Legal tech startup Legitquest has raised $660,000 (Rs 5.5 crore) in an ongoing funding round from its existing investors InfoEdge and WaterBridge Ventures. The company, in a statement, said that with more commitments in the pipeline, it is set to close the funding round soon. “We are excited about the continued trust and support of our investors, which allows us to accelerate our vision of leveraging generative AI to transform the challenges faced by legal stakeholders,” said Karan Kalia, founder of Legitquest.

benchmark indices closed flat on Wednesday, with gains in consumer and IT stocks, as market participants awaited key inflation data from U.S and India for cues into the rate trajectories of the two countries. The benchmark S&P BSE Sensex rose 16.09 points or 0.02% to settle at 81,526.14, while the broader Nifty 50 index closed at 24,641.80, higher by 31.75 points or 0.13%.

Healthcare sector in the country is witnessing a hiring surge, with 47 per cent employers planning to recruit staff in this segment, driven by advancements in telehealth and a growing focus on preventive care services, TeamLease EdTech said on Wednesday. The surge in healthcare sector hiring is led by Delhi and Chennai as these cities witnessed highest demand for critical roles in this space. Delhi (65 per cent), Bangalore (56 per cent) and Ahmedabad (48 per cent) have emerged as key hubs for Research Associate roles, which involve conducting medical research, supporting clinical trials, and managing data. According to the report, the aging population and the prevalence of chronic illnesses continue to highlight the need for continuous healthcare support and innovative treatments.

National Company Law Tribunal (NCLT) of Mumbai has approved Reliance Strategic Business Ventures Limited’s Rs 202 crore resolution plan for Karkinos Healthcare Pvt. Ltd. (KHPL), a tech-driven oncology platform, which was undergoing insolvency proceedings. The Mumbai Bench gave its nod on December 9, 2024, following approval from 100% of committee of creditors (CoC). KHPL entered the Corporate Insolvency Resolution Process (CIRP) on May 21, 2024. The approved plan provides for 100% recovery of dues across all creditor classes, including financial creditors, employees, and suppliers.

monetary policy stance post the appointment of Sanjay Malhotra as the new RBI governor. Forex traders said the Indian rupee touched a fresh all-time low of 86.87 in intraday trade as change of guard at the Reserve Bank of India raised odds of a rate cut by the Reserve Bank of India (RBI) in its February meeting. A bounce back in the US dollar from earlier lows also weighed on the rupee. However, positive domestic markets, FII inflows and reports of RBI intervention supported the rupee earlier in the day.

Subscribe to enjoy similar stories. Large Language Models (LLMs), which are foundational for many applications of artificial intelligence (AI), such as chatbots, have unparalleled capacity to store and analyse virtually all published knowledge—ranging from scholarly books and professional articles to the unfiltered opinions of billions of people.

Avenue Supermarts Ltd. traded 2.71 per cent in Wednesday's trade at 02:09PM (IST). Around 26,993 shares changed hands on the counter. The counter opened at Rs 3700.00 and touched an intraday high and low of Rs 3760.80 and Rs 3673.00, respectively, in the session so far. Shares of the company of Avenue Supermarts Ltd. quoted a 52-week high of Rs 5484.00 and a 52-week low of Rs 3567.35.

«But now, for the first half of this year, earning growth has been slightly muted in mid-single digit and that is expected to remain that way at least for the next one to two quarters. So, to that extent, one has to moderate the return expectations going into next year,» says Dikshit Mittal, Senior Fund Manager-Equity, LIC MF. What do you make of the markets right now and there is debate which is underway whether 2025 is going to be a great year for the Indian equities or is it going to be a year of trimmed in very moderate single digit kind of gains? What is your estimate? Dikshit Mittal: Last two-three years returns have been very, very strong. In fact, compounded returns have been in high teens. So, to that extent, coming into next year, one has to moderate the return expectation. So, we cannot expect the same kind of returns we have generated last year.

Tata Elxsi Ltd. 0.62 per cent to Rs 7356.90 at 01:43PM (IST) in Wednesday's trade. The counter hit a high of Rs 7413.00 and low of Rs 7328.00 so far during the session. The stock had closed at Rs 7403.00 in the previous session. The counter had a total traded volume of 01:43PM shares so far with a turnover of Rs 2.72 crore on BSE. The stock traded at a price-to-earnings multiple of 56.01 and a price-to-book ratio of 19.34.

Subscribe to enjoy similar stories. If technology is the new oil, who should steer the oil-tankers? Can India afford to drift without an artificial intelligence (AI) captain in the age of AI? Incoming US President Donald Trump has announced the appointment of former Paypal executive David Sacks as a “crypto and AI czar" to guide policy. The message is clear: governing AI and generating commercial value from AI innovations is an urgent need for global supremacy.

IPO) of the digital payments platform Sai Life Sciences will open for public subscription today, and will close on December 13. The Rs 3,042 crore issue includes a fresh issue of 1.73 crore shares, aggregating to Rs 950 crore and an OFS of 3.81 crore shares. The company said that it would use the proceeds from its IPO to repay its debts and for general corporate purposes.

Sai Life Science (SLSL), a contract research, development and manufacturing organisation (CRDMO), is rolling out an IPO of ₹3,043 crore comprising a fresh issue of ₹950 crore and an offer for sale of ₹2,093 crore. The issue gives a partial exit to private equity investors TPG Asia and HBM. The promoter share will be diluted from 41.8% to 35.2%. The issue proceeds are going to be used for repayment of borrowings.

According to the circular, MobiKwik has decided to allocate 92.26 lakh equity shares to 21 funds at Rs 279 apiece, which is also the upper end of the price band. This translates into the transaction size to Rs 257.4 crore.