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Industry Trends

NALCO board okays 25-year bauxite mining contract to Dilip Buildcon at ₹423/tonne

The NALCO board approved the base mining charges at ₹423 per tonne for the project. The contract period has been fixed for 25 years. Shares of National Aluminium Co Ltd ended at ₹265, down by ₹3.35, or 1.25%, on the BSE. Dilip Buildcon shares ended 5.36% in the green at ₹465.95 apiece.

Startup Funding

Citius Transnet Investment Trust files papers with SEBI for ₹1,340-cr IPO

Citius Transnet Investment Trust files for ₹1,340-crore IPO with SEBI, aiming to acquire SRPL, TEL, JSEL, Dhola, Dibang assets.

Industry Trends

Highway Infrastructure wins ₹329 crore NHAI tolling contract in Andhra Pradesh

The Letter of Acceptance (LoA), issued on Dec 9, covers toll operations across an 82.5-km segment between km 355 and km 437.5, one of the busiest stretches connecting northern Andhra Pradesh with key industrial and port clusters further south. The contract was awarded through a competitive e-tender process.

Industry Trends

Zydus Life unit partners with Formycon to supply immunotherapy drug Keytruda biosimilar in US, Canada

\Formycon AG will be responsible for the development, registration, manufacture and supply of the product. Zydus Lifesciences Global FZE, United Arab Emirates, will handle the commercialisation of FYB206 in the defined territories of the US and Canada. Shares of Zydus Lifesciences Ltd ended at ₹920, down by ₹4.60, or 0.50%, on the BSE today, December 9.

Salary / Compensation

Tata Power commissions 400 kV Koteshwar-Rishikesh transmission line

The transmission line will enable the evacuation of 1,000 MW of hydropower from the Tehri–Koteshwar generation complex in Uttarakhand to multiple northern states and UTs, a company statement said.

Industry Trends

Swiggy launches ₹10,000 crore QIP at an indicative price of ₹371 per share

According to multiple people familiar with the development, the indicative floor price for the QIP has been set at ₹371 per share, representing a discount of 6.8% to the last closing price of ₹398.05.

Industry Trends

India's solar PC modules' exports rise 30.7% in 1st half of FY26, US alone accounts for most rise

India’s solar module exports rose 30.7% in April-October 2025, driven almost entirely by US demand, with emerging traction in new secondary markets across Asia, Africa, and beyond.

Layoffs / Restructuring

RBI's final guidelines for bank groups balance structural strengthening with business flexibility: Crisil

RBI’s final guidelines let 12 bank groups, covering 55% of sectoral advances, avoid major restructuring, says Crisil Ratings, allowing continued overlapping lending activities.

Industry Trends

Novo Nordisk moves Delhi High Court to block Sun Pharma’s semaglutide launch

Novo Nordisk has intensified its legal push in India by filing a plea against Sun Pharma, seeking to delay competition in the fast-growing semaglutide market as patent expiry nears.

Industry Trends

PL Capital explains how private and public life insurers dove November growth

India’s life insurance industry saw strong growth in November 2025, led by LIC and private insurers like SBI Life, HDFC Life, and Axis Max Life, with robust gains in APE and NBP segments.

Industry Trends

SEPC-Furlong JV bags ₹86-crore contract for Patna's Bihta Airport project

The scope of the project includes engineering, procurement and construction work for a new integrated terminal building, construction of a utility building and associated structures, and execution of an elevated road. Shares of SEPC Ltd ended at ₹8.97, up by ₹0.050, or 0.56%, on the BSE today, December 9 .

Startup Funding

$20 bln of IPOs per year a new normal for India: JP Morgan

India IPO market sees $20 billion annual issuances as the new normal, says JP Morgan, with major offerings from ICICI Prudential AMC and rising tech demand.

Industry Trends

One out of five shopping centres vacant over 40% across 32 cities: Knight Frank

Across 365 shopping centres surveyed, as many as 74 have been classified as ghost assets, representing 15.5 million square feet (mn sq ft) of area.

Industry Trends

LIC delays health insurance push as focus shifts to government’s OFS

The insurer is expected to concentrate on the government’s divestment timetable over the next few months, leaving its earlier plan to expand into the health insurance market on hold for the time being.

Industry Trends

CBI books Anil Ambani's son, Reliance Home Finance in ₹228 crore bank fraud case

The company had availed credit limits to the tune of ₹450 crore from the bank’s SCF branch in Mumbai for business needs, the complaint stated.

Industry Trends

Apple will earn more selling iPhone cover than airlines transporting passenger: IATA chief

Apple earns more from iPhone covers than airlines' USD 7.90 profit per passenger, says IATA chief Willie Walsh in the 2026 industry financial outlook.

Salary / Compensation

India recommends AI firms to pay creator royalties at rates set by govt panel

Industry Trends

Warning bell: In 60% of routes it operates, IndiGo has monopoly

Industry Trends

Tata, Intel sign deal to explore chip packaging in India

Industry Trends

IndiGo shares plunge over 8% as crisis intensifies; down 15% in Dec