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Swiggy shares will be in focus on Tuesday as the food delivery giant, which has seen an impressive 27% increase over its IPO issue price of Rs 390, will be releasing its financial results for the second quarter ended September today. The food and quick delivery company debuted on the Dalal Street on November 13, with the company's shares listing on the NSE at Rs 420, reflecting a 7.7% increase from the IPO issue price, while on the BSE, the stock debuted at Rs 412, showing a 5.6% premium over the issue price.

Arbitrage funds, a category with assets worth ₹2.35 lakh crore, have received inflows of ₹89,400 crore in the last 12 months as rich investors use these schemes to park money for short-term needs. These funds now account for 53% of the net inflows into the hybrid category, according to data from WhiteOak Capital Mutual Fund. Higher returns than debt funds along with the benefit of equity taxation are driving investors to arbitrage funds. Distributors point out that many savvy investors are using these schemes to park money as they believe valuations are rich and wait for a correction to deploy more money.

Meghan Markle will be looking to leave a mark in 2025 after she is planning on launching her fashion brand in the coming year, along with the release of her highly anticipated Netflix show, where she could be seen playing a part, as per reports. The Duchess of Sussex took a major sabbatical from her acting career after getting married to the Royal Family, but it now looks like she could be back in a major way to the Hollywood scene.

Adani Group have approached the Securities and Exchange Board of India (Sebi) seeking settlement in a case that alleges violations of public shareholding norms through unfair practices at four listed companies of the infrastructure conglomerate. Emerging India Focus Funds (EIFF), a Mauritius-based foreign portfolio investor (FPI) that Sebi alleges is linked to Vinod Adani, the older half-brother of Gautam Adani, last week proposed a settlement amount of ₹28 lakh, according to documents reviewed by ET. Additionally, group flagship Adani Enterprises (AEL) director Vinay Prakash and Ambuja Cements director Ameet Desai (whose role in his capacity as an AEL director in 2014 is the subject of the present matter) have each offered ₹3 lakh as settlement amount.

Tired of thinking about what gifts to get everyone this year

Consumers in the U.S. are scouring the internet for online deals as they look to make the most of the post-Thanksgiving shopping marathon on Cyber Monday

A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. Energy Department for up to a $7.54 billion loan to help build two electric vehicle battery plants in Kokomo, Indiana

Closing arguments have begun in the trial of a tech consultant in the stabbing death of Cash App founder Bob Lee in San Francisco last year

James Norton and Niamh Algar as parents caught in a life-changing situation.

Parents who want to help jumpstart their kid's credit score and credit history can take one fairly easy step, money experts say: Add your child as an authorized user to your credit card account.

The U.S. Postal Service has temporarily suspended accepting mail headed to Canada due to the strike by Canada Post workers.

Subscribe to enjoy similar stories. Video streaming platforms that were long accused of indulging filmmakers who dished out long-format shows running into several hours and episodes without offering any compelling content, have now not just tightened purse strings but are also making greater effort to ensure quality standards are met in whatever programming they put out.

RBI's regulatory initiatives and asset quality trends will push non-bank lenders to slow down their growth in asset under management (AUM) to 15-17 per cent in the current fiscal and next, domestic rating agency Crisil said on Monday. The sector had achieved a handsome growth of 23 per cent in the AUM in FY24, the agency said, adding that even with the slower growth, the AUM expansion will be higher than the 14 per cent of the last decade. Entities will opt for «sustainable growth» because of the regulatory environment and asset quality trends, the rating agency said, adding that the present situation will lead to recalibration in strategies. RBI had in November last year increased the risk weights on banks' lending to NBFCs along with the lending to unsecured loans, where NBFCs are very active. Additionally, the micro loan segment is also showing signs of stress on asset quality lately.

PI Industries Ltd. traded 0.0 per cent in Monday's trade at 12:51PM (IST). Around 3,487 shares changed hands on the counter. The counter opened at Rs 4065.60 and touched an intraday high and low of Rs 4072.95 and Rs 4034.70, respectively, in the session so far. The stock of PI Industries Ltd. quoted a 52-week high of Rs 4801.40 and a 52-week low of Rs 3060.00.

Instagram video featuring Indian content creator Neha Arora and her Korean husband, Jongsoo Lee, has taken social media by storm, accumulating over 1.4 million views. The video, which humorously blends K-drama style with Indian humor, showcases a lighthearted language challenge between the couple.

Biden is finally making his long-promised visit to Africa this week, attempting to showcase a US-backed railway project in three countries that he has pushed as a new approach in countering some of China's global influence. Biden's first visit to the continent as president — which he left to the very end — will highlight the Lobito Corridor railway redevelopment in Zambia, Congo and Angola. It aims to advance US presence in a region rich in the critical minerals used in batteries for electric vehicles, electronic devices and clean energy technologies. That's a key field for US-China competition and China has a stranglehold on Africa's critical minerals.

Prateek Agrawal, MD & CEO, Motilal Oswal AMC, says if we see more drops this month, it’s likely we’ll witness a bottom formation. There’s some positive news to highlight. The GST collection figures were solid. Although the GDP data for Q2 didn’t meet expectations, it’s clear that mining and electricity were the two sectors that dragged it down. The slower growth in those areas was mainly due to improved monsoon conditions. As we move into Q3, we can expect to see better numbers. There’s definitely a sense of optimism around. It has been quite a yo-yo kind of a market. The excesses in the market are over, is it time now to start buying the fear and volatility? Prateek Agrawal: That has been our thought for some time now. Typically, we have seen that a 5% to 6% kind of a correction is a good correction. And buying comes in. This time around, we saw intense selling in the month of October. November saw a reduction. Now, if this month sees further reduction, chances are good that the bottom formation that we are talking about happens. There is some data to cheer about. The GST collection data was good. While the GDP data for Q2 was lower than expected, very clearly there were two spaces which pulled it down, mining and electricity.

Shares have started the week higher in Asia, led by gains in China as monthly surveys showed improving conditions for manufacturing

Shree Cements Ltd. 2.83 per cent to Rs 26800.00 at 10:47AM (IST) in Monday's trade. The scrip has hit a high of Rs 26844.95 and low of Rs 26052.00 so far during the session. The stock had closed at Rs 26060.15 in the previous session. The counter has had a total traded volume of 308 shares so far with a value of Rs 0.82 crore on the NSE. It traded at a price-to-earnings multiple of 55.72 and a price-to-book ratio of 4.48.

Cholamandalam Investment & Finance Company Ltd. 0.7 per cent to Rs 1243.40 at 10:52AM (IST) in Monday's trade. The stock hit a high of Rs 1259.00 and low of Rs 1233.60 so far during the session. The stock had closed at Rs 1234.65 in the previous session. The counter had a total traded volume of 10:52AM shares so far with a turnover of Rs 1.63 crore on BSE. The stock traded at a price-to-earnings multiple of 27.12 and a price-to-book ratio of 4.96.