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Subscribe to enjoy similar stories. Shriram Finance Ltd stock, already trading at a lifetime high, gained another 3.7% on Friday to ₹902 after it announced MUFG Bank Ltd will buy 471 million shares at ₹840 per share in the company through a preferential allotment. The transaction gives MUFG a 20% stake.

Subscribe to enjoy similar stories. The Indian equity markets snapped a four-day losing streak on Friday, 19 December, with Nifty 50 gaining 150.85 points (0.58%) to settle at 25,966.40, and Sensex rising about 447 points (0.53%) to close at 84,929. Market breadth was decisively positive, as reflected in an advance-decline ratio of 2,185 advances to 939 declines, signaling robust, broad-based buying.

Impact investor Aavishkaar Capital is increasingly looking to complement its long-cycle carbon bets with newer, faster-return climate opportunities—areas where capital can turn over quicker, risks are easier to price, and revenues don’t hinge on 20-year biological curves. The shift comes even as the impact investor continues to build out its permanent capital vehicle for carbon sequestration, incorporated in 2024 as Aavishkaar Carbon, the firm’s founder, Vineet Rai and Santosh Singh, managing director at Intellecap, the advisory arm of The Aavishkaar Group, told Mint in a joint interview.Aavishkaar Carbon was set up to invest in growing trees on Indian farms to promote carbon sequestration and monetise it through the carbon trade market.

Subscribe to enjoy similar stories. New Delhi: As India manages record procurement volumes at home while cementing its role as a key supplier in the global food markets, the government is preparing to roll out artificial intelligence (AI)-powered automated grain analyzers (AGA) from next year to modernize how food grains are tested, stored and distributed, two people with direct knowledge of the development said.

Subscribe to enjoy similar stories. Ticker is a weekly newsletter by Vijay L Bhambwani. Subscribe to Mint's newsletters to get them directly in your email inbox. Dear reader, Last week, I wrote that bulls would have to do some significant work to push markets higher.

Subscribe to enjoy similar stories. Chennai/Kochi: The divergence is stark. Both Cochin Shipyard Ltd (CSL) and HD Hyundai Heavy Industries were established the same year—1972.

Russian energy, has also agreed to meet some of its demand from the US. Yet Russia remains relevant, having worked around the trading system through bilateral deals and its shadow fleet.On the other hand, Washington's attempts to derail China’s economy have largely fallen flat.

NEW DELHI/MUMBAI: Defence and aerospace companies are competing with high-frequency trading companies and tech giants in the clamour for engineers from the Indian Institutes of Technology (IIT), buoyed by their expansion plans and the entry of private firms in the space and defence sectors.These engineers are set to take on advanced manufacturing and product design projects in private companies based in India and seeking billion-dollar business avenues.“With the rise of space-tech startups—not just rocket makers like Skyroot, but also many promising satellite makers and space-intelligence-based startups in Hyderabad, Bengaluru and elsewhere—for the first time, India's top-tier candidates have a reliable and promising career opportunity to partake in truly world-class engineering right from India,” Temasek-backed Skyroot Aerospace said in an email response to Mint.Founded in Hyderabad by Pawan Kumar Chandana and Naga Bharath Daka, who were once colleagues at the Indian Space Research Organisation, Skyroot Aerospace is India’s highest-funded space startup with $95 million in venture capital funding to date. It is set to make its first commercial rocket launch from Indian soil by March 2026.

India’s merchandise exports rose to $38 billion in November, posting year-on-year growth of 19.36%—the strongest since June 2022. Notably, the US shifted from being a drag in recent months to a key contributor, with shipments rebounding after two consecutive months of decline despite higher tariffs remaining in place. Exports to the US grew 22.6% during the month.

Amul and for India’s self-reliance in dairy.The impact was transformative. Buffalo milk was abundant in India, and millions of small farmers depended on it for income. By giving producers direct access to markets through cooperatives, the Amul model ensured fair prices and regular payments.

Subscribe to enjoy similar stories. India’s aerospace and defence manufacturing ecosystem is entering a decisive phase. Rising defence spending, a sharper focus on indigenization and growing export ambition are creating a longer runway for domestic suppliers.

Subscribe to enjoy similar stories. India's only agri derivatives exchange National Commodity and Derivatives Exchange Ltd (NCDEX) is evaluating technical proposals from reputed global vendors—including its existing vendor LSEG (London Stock Exchange Group), US-based Nasdaq, London-headquartered Aquis and India's largest software exporter Tata Consultancy Services Ltd (TCS)—for its equity and equity derivatives platform slated for launch in the next fiscal year, according to a person aware of the development.

Subscribe to enjoy similar stories. Shares of Zydus Wellness Ltd were trading near ₹403 when the company announced the acquisition of UK-based Comfort Click Ltd for about ₹2,380 crore on 29 August. The market initially welcomed the deal, pushing the stock to an all-time high of ₹530.90 on 19 September.

Subscribe to enjoy similar stories. MUMBAI: With the benchmark Nifty 50 trading just 2% below its 52-week high, India’s equity market appears buoyant. But beneath the surface, a very different story is playing out.

Subscribe to enjoy similar stories. Lloyds Metals and Energy Ltd is in the thick of things. Apart from signing a memorandum of understanding (MoU) with Tata Steel Ltd, the company acquired a 50% stake in Nexus Holdco FZCO, Dubai on 10 December.

Subscribe to enjoy similar stories. Silver prices are surging to multiyear highs, but they are also flashing a warning signal for silver investors. The price of silver as tracked by the iShares Silver Trust closed at $59.32 on Thursday, which is 22.6% higher than its 50-day moving average.

Subscribe to enjoy similar stories. Rather than pursue a conventional initial public offering, SpaceX could go public through a merger with wireless phone, TV and satellite company EchoStar. It’s an admittedly an unconventional and seemingly far-fetched idea, but SpaceX’s leader and controlling shareholder, Elon Musk, is a maverick who has succeeded by flouting conventional rules.

Subscribe to enjoy similar stories. Bearish forces have been unrelenting and the trends are unable to stage any recovery despite the best intentions. With the trends remaining challenged the road ahead is fraught with uncertainty.

Subscribe to enjoy similar stories. Stock market recap: Indian stock market benchmarks–the Sensex and the Nifty 50–ended flat with negative biases on Thursday, 18 December 18, due to a lack of fresh triggers. The Sensex closed 78 points, or 0.09%, lower at 84,481.81, while the Nifty 50 settled at 25,815.55, down 3 points, or 0.01%.

Subscribe to enjoy similar stories. America needs foreign investors, and foreign investors need America. Yet clauses buried in the Republican budget bill in Congress are a threat to this crucial symbiosis.

China’s new economic model is putting the future of Asia’s Gen-Z at risk. The continent is home to some of the world’s most trade-oriented economies that rode globalization to lift the lives and livelihoods of hundreds of millions. But it’s now being hit by a double whammy: an export base that has come under pressure from a flood of cheap goods from China, unquestionably the region’s dominant power, and US President Donald Trump’s trade war.It is frustrating a generation already struggling with stagnant wages and soaring living costs.