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Corporate affairs ministry orders probe against Shree Cement, seeks info
The Kolkata-based company stated that the development will have ”no impact on financial, business operations or other activities”.
Why ED froze Rs 192 crore of WinZO assets: Alleged bot gaming, withdrawals, and overseas funds
The Directorate of Enforcement (ED), Bengaluru Zonal Office, has frozen assets worth around Rs 192 crore belonging to Zo Games Pvt Ltd, a wholly owned Indian subsidiary of WinZO Pvt Ltd, following search operations conducted under the Prevention of Money-Laundering Act (PMLA), 2002. In a statement, the ED said the assets were classified as Proceeds of Crime (POC) and frozen in the form of bank balances, fixed deposits and mutual funds under Section 17(1A) of the PMLA. The action followed a search carried out on December 30, 2025, at the premises of the accounting firm linked to WinZO Pvt Ltd, which operates an online real money gaming platform through its WinZO app. The agency said the latest searches build on earlier search and seizure operations conducted on November 18, 2025, at the company’s offices and at the residential premises of one of its directors. Based on evidence gathered during the searches and subsequent investigation, the ED alleged that WinZO was engaged in decepti...
IT Ministry approves 22 more firms for component incentives
The projects approved amount to an investment of ₹41,863 crore, and the scheme is designed to push firms to be first to the finish line to avail of the incentives.
New Year’s Eve strike by gig workers exposes cracks in India’s 10-minute delivery model
The flash strike by app-based delivery workers has reignited concerns over ultra-fast delivery timelines, wage stagnation and safety risks, even as the Centre moves to roll out social security rules for gig workers in a rapidly expanding platform economy.
Andhra now India’s top investment destination, grabs 25.3% of proposed capital in first 9 months
The report by Bank of Baroda noted that over half of India’s total proposed capital investment (51.2%) is concentrated in just three states — Andhra Pradesh, Odisha, and Maharashtra.
Forex reserves jump $3.293 billion to $696.61 billion
For the week ended December 26, foreign currency assets, a major component of the reserves, increased by $184 million to $559.612 billion, the data released by the central bank showed
Think big, do less, execute flawlessly: Mahindra Group CEO & MD to colleagues
Mahindra Group CEO and Managing Director Anish Shah said said the group faced "unprecedented level of uncertainty" in 2025, but credited his colleagues for taking it in stride and helping stay on track.
Berkshire Hathaway has a better chance of being here 100 years from now than any other company: Warren Buffett
Buffett said Abel will take over key decision-making responsibilities.
Union Bank of India Q3 Update | Gross advances rise 7.13%; RAM advances up 11.49%
Domestic advances grew 7.42% year-on-year to ₹9,80,643 crore in the December quarter, up from ₹9,12,927 crore last year. Sequentially, domestic advances increased 4.07% from ₹9,42,273 crore. Shares of Union Bank of India Ltd ended at ₹157, up by ₹3.42, or 2.23%, on the BSE today, January 2.
Avenue Supermarts Q3 Updates: Standalone revenue jumps 13% YoY to Rs 17,613 crore
Avenue Supermarts, operator of DMart, posted a 13% YoY increase in standalone Q3 revenue to Rs 17,613 crore, while its store count rose to 442. The provisional update reflects steady growth momentum for the retail chain, supported by continued expansion and consistent improvement in revenue across its operations.
Avenue Supermarts Q3 Update | Revenue higher at ₹17,613 crore, store count at 442
Avenue Supermarts Q3 Update | Revenue for the quarter ended December 31, 2024, was ₹15,565.23 crore. Shares of Avenue Supermarts Ltd ended at ₹3,721, up by ₹0.13, or 4.90%, on the BSE.
PNB Q3 updates: Global business grows 9.6% YoY to Rs 28.92 lakh crore, advances jump 11%
PNB reported a steady Q3 update with global business rising 9.6% YoY to Rs 28.92 lakh crore and advances growing 11%. Deposits saw healthy expansion, while domestic business improved 9% YoY. The bank’s shares gained over 1% as it continued to trade above key moving averages, reflecting strong investor interest.
EV volumes accelerate as supply constraints ease, competition heats up in Dec 2025: Report
Hero MotoCorp, where EVs account for around 3% of domestic sales, reported a sharp 890.8% YoY surge, aided by strong demand, an expanded dealership network and a favourable base. Here's a breakup of segment and OEM-based performance.
Realme 16 Pro Series Roundup: Know About the Expected Price in India, Launch Timeline and Specifications
Realme 16 Pro series' Urban Wild design is made in collaboration with Japanese designer Naoto Fukasawa
Suzuki Motorcycle India sales up 26% at 1,22,366 units in December
Suzuki Motorcycle India Pvt Ltd reported 1,22,366 units sold in December 2025, a 26% rise. Deepak Mutreja highlighted strong growth and plans for expanded customer services.
Govt announces two more credit-linked schemes under Export Promotion Mission
The two schemes announced on January 2, 2026 would entail an outlay of ₹5,181 crore over six years until 2030-31
Maruti Suzuki India, Reliance Industries among 5 Sensex stocks hit 52-week highs
Five Sensex heavyweights, Maruti Suzuki, SBI, Reliance Industries, L&T, and M&M, hit fresh 52-week highs on Friday amid a strong market rally.
LIC's losses mount to Rs 10,445 crore in ITC in 2 days as stock plummets 13% after tax hike
LIC has incurred losses of over Rs 10,400 crore in just two days as ITC shares plunged 14% following a steep excise duty hike on cigarettes. The tax increase triggered heavy selling and multiple broker downgrades, with analysts warning that significant price hikes may be required to offset the higher duty burden.
Zomato's Deepinder Goyal makes fresh comments defending gig economy: 'Suddenly, the poor aren't hidden away'
Amid intense debates surrounding gig work, Deepinder Goyal has come up with his own set of arguments, supporting the sector and offering his views on the relevance of the gig economy. Here are the details.
If I had to buy an OLED laptop in 2026, these will be my top choices
Planning to buy an OLED laptop in 2026? Here are the top choices that combine stunning OLED displays with reliable performance, efficiency and everyday usability.
MeitY takes cognisance of Grok misuse on X, action to follow soon: Secretary S Krishnan
The electronics and IT ministry has begun examining the alleged misuse of X’s AI tool Grok to generate obscene and non-consensual images, with MeitY Secretary S Krishnan indicating that regulatory action could be taken swiftly as scrutiny intensifies around platform accountability and AI safety.
CSB Bank Q3 Update | 21% rise in deposits, 29% growth in gross advances
Current account and savings account (CASA) deposits were reported at ₹8,316 crore on December 31, 2025, up 3% year-on-year from ₹8,042 crore a year ago. CASA deposits were ₹8,394 crore on September 30, 2025 and ₹8,918 crore on March 31, 2025. Shares of CSB Bank Ltd ended at ₹485, up by ₹1.85, or 0.23%, on the BSE today, Jan 2.
India bonds dip as supply fears loom before state debt plans
Indian government bonds slipped on Friday after a weak auction revived supply concerns, with traders wary ahead of the states' January-March borrowing calendar due later in the day.