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INDIA MARKET | Wed, 26 Nov 2025, 7:58PM IST Whirlpool Mauritius plans to offload up to 7.5% stake in Whirlpool of India via a block deal at a steep discount. The stock continues to underperform, trading in oversold territory after weak Q2 earnings and year-long declines amid sector-wide gains.

Continue reading at Economic Times

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INDIA MARKET | Wed, 26 Nov 2025, 7:53PM IST New Delhi dismissed Islamabad's criticism of the Ram temple ceremony, saying Pakistan has no standing to comment given its own record on minority rights

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INDIA NEWS | Wed, 26 Nov 2025, 7:43PM IST RBI Deputy Governor Poonam Gupta said MPC inflation and growth forecasts show no directional bias and outlined the central bank's multi-model forecasting approach

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INDIA NEWS | Wed, 26 Nov 2025, 7:33PM IST Chief Election Commissioner Gyanesh Kumar is all set to assume the Chair of the International Institute for Democracy and Electoral Assistance (International IDEA) for the year 2026, the Election Commission said on Wednesday. Kumar will take over as the chair of IIDEA on December 3 in the meeting of the council of member states of International IDEA to be held in Stockholm. As Chair, he will be presiding over all council meetings during 2026. International IDEA, established in 1995, is an inter-governmental organisation committed to strengthening democratic institutions and processes across the world. With a current membership of 35 countries and the United States and Japan as observers, the organisation promotes inclusive, resilient and accountable democracies. India, a founding member of IIDEA, has consistently contributed to the organisation's governance, democratic discourse and institutional initiatives. So far, IIDEA has signed MoUs with 28 countries and has also trained 3,169 officials from nearly 142 countries.

Continue reading at Economic Times

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INDIA BUSINESS | Wed, 26 Nov 2025, 7:32PM IST FIMMDA has released a proposed settlement and trading framework for a new SORR-linked OIS product, aligning with the shift to secured benchmarks, and has invited market feedback by December 15

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INDIA MARKET | Wed, 26 Nov 2025, 7:31PM IST Futuristic Media and Entertainment (FMEL), a wholly owned subsidiary of Den Networks, has informed that it has, today, sold its entire equity stake in three subsidiaries as given below to Infomedia and Networking (INPL) for an aggregate consideration of Rs 30/- (Rupees Thirty only):

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INDIA MARKET | Wed, 26 Nov 2025, 7:27PM IST Renewed expectations of December rate cuts by the Fed and RBI lifted sentiment, sending the Nifty near a record close and giving indices their strongest single-day rise in five months.

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INDIA BUSINESS | Wed, 26 Nov 2025, 7:23PM IST Volatile equity markets and lower deposit rates boosted demand for non-par guaranteed-return products in H1FY26, lifting their share across most listed life insurers except HDFC Life

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INDIA MARKET | Wed, 26 Nov 2025, 7:22PM IST Sanket Parekh, Director at Pidilite Ventures, commented: "We are excited to partner with MagicDecor as they embark on their journey to transform the home dor space. The team has demonstrated impressive capability in marrying customization with quality, catering to the evolving needs of modern Indian homeowners and interior designers. We believe MagicDecor is uniquely positioned in the premium, personalized wall solutions market. Over the last two years, the team has demonstrated impressive traction by innovating across its product lines and scaling distribution and we look forward to supporting them in their expansion across India and overseas."

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INDIA MARKET | Wed, 26 Nov 2025, 7:17PM IST The purpose of this transaction is to strategically reduce dependence on fossil fuel and move towards green energy. Kundan Solar will set up a 15 MWac solar power plant and Havells plan to enter into a long-term Power Purchase Agreement (PPA) up to 25 years. Under the Electricity Laws, Havells is required to hold a minimum of 26% shareholding to qualify as a captive consumer.

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INDIA BUSINESS | Wed, 26 Nov 2025, 7:15PM IST myTVS aims to expand into Africa and Europe and scale its multi-brand service network from 1,200 to 2,500 centres by 2027, supported by 10 million active service subscriptions and a UAE partnership

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INDIA MARKET | Wed, 26 Nov 2025, 7:13PM IST Through its subsidiary - Berger Paints Emirates

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INDIA MARKET | Wed, 26 Nov 2025, 7:11PM IST Shares of Excelsoft Technologies Ltd on Wednesday ended with a premium of nearly 5 per cent against the issue price of Rs 120. The stock made its market debut at Rs 135, rallying 12.5 per cent from the issue price on both the BSE and NSE. During the day, the stock surged 18.87 per cent to Rs 142.65 on the BSE. It finally ended at Rs 125.95 per share, up 4.95 per cent. On the NSE, shares of the firm ended at Rs 125.97 apiece, registering a jump of 4.97 per cent. The company's market valuation stood at Rs 1,449.49 crore. The initial public offer of Excelsoft Technologies Ltd received 43.19 times subscription on the closing day of bidding on Friday last week. Excelsoft Technologies is a vertical SaaS (software-as-a-service) company focused on the learning and assessment market. The Rs 500-crore IPO had a price band of Rs 114-120 per share. The Initial Public Offer (IPO) had a fresh issue aggregating up to Rs 180 crore and an offer for sale aggregating up to Rs 320 crore. The compa

Continue reading at Business Standard

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GLOBAL NEWS | Wed, 26 Nov 2025, 7:08PM IST Firefighters were struggling to bring the blaze under control in a densely populated complex in the citys northern Tai Po district hours after it started.

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INDIA MARKET | Wed, 26 Nov 2025, 7:07PM IST According to this MOU, the Guidance will extend necessary support and facilitation as set forth in the MOU in the form of necessary infrastructural support and regulatory facilitation, subject to applicable laws.

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GLOBAL NEWS | Wed, 26 Nov 2025, 7:04PM IST Firefighters were struggling to bring the blaze under control in a densely populated complex in the citys northern Tai Po district hours after it started.

Continue reading at The New York Times

1h

INDIA BUSINESS | Wed, 26 Nov 2025, 7:03PM IST Arctus Aerospace has secured $2.6 million in pre-seed funding to build long-endurance, high-altitude unmanned aircraft aimed at delivering affordable, real-time, high-resolution Earth intelligence

Continue reading at Business Standard

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INDIA BUSINESS | Wed, 26 Nov 2025, 7:00PM IST Indian offices are transforming into cultural hubs. Companies are using local art and crafts to make workspaces inspiring and welcoming. This trend aims to boost employee connection, creativity, and pride. As hybrid work solidifies, these heritage-infused designs are becoming a key differentiator. This shift makes workplaces feel more human and rooted.

Continue reading at Economic Times

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GLOBAL NEWS | Wed, 26 Nov 2025, 6:59PM IST Kevin Hassett, a top White House economic adviser , is said to become the front-runner to lead the Federal Reserve, raising questions about its independence.

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GLOBAL NEWS | Wed, 26 Nov 2025, 6:58PM IST Rachel Reeves, the top economic official in an increasingly unpopular government, announced a series of measures intended to put the countrys finances on a stronger footing.

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INDIA MARKET | Wed, 26 Nov 2025, 6:57PM IST The formal ratification of Ahmedabad as the 2030 host city concluded months of planning, diplomacy and detailed proposals

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INDIA MARKET | Wed, 26 Nov 2025, 6:55PM IST That puts them on pace for the biggest quarterly selloff since the quarter ended June 2023, data compiled by Bloomberg showed

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INDIA BUSINESS | Wed, 26 Nov 2025, 6:52PM IST The Ministry of Statistics and Programme Implementation conducted the workshop to consult key stakeholders, including chief economists of banks, regarding the revision of the base year for the consumer price index, which measures retail price levels

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INDIA BUSINESS | Wed, 26 Nov 2025, 6:52PM IST Tesla is building an electric vehicle ecosystem in India to enhance long-term sales. The company plans to establish charging points at homes, malls, and hotels, along with superchargers in major cities. This initiative aims to accelerate EV adoption and improve air quality. Tesla's strategy focuses on imported cars and showrooms, with no immediate plans for local manufacturing.

Continue reading at Economic Times

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INDIA NEWS | Wed, 26 Nov 2025, 6:51PM IST The government on Wednesday approved doubling of the Dwarka-Kanalus rail line in Gujarat and building third and fourth lines between Badlapur and Karjat in Mumbai metropolitan region. A meeting of the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, approved the two projects with a total cost of Rs 2,781 crore, Information and Broadcasting Minister Ashwini Vaishnaw told reporters here. The Devbhumi Dwarka (Okha)-Kanalus rail line will improve connectivity to the Dwarkadhish temple, a key pilgrimage site, and transportation of commodities such as coal, salt, container, and cement. "The capacity augmentation works will result in additional freight traffic of magnitude 18 MTPA (million tonnes per annum)," Vaishnaw, who is also the railway minister, said. The Badlapur-Karjat section forms part of Mumbai suburban corridor and the third and fourth line project will improve the connectivity in the region and meet the future demands of passengers, along with providing connectivity to southern India, the minister said. According to a government statement, the increased line capacity will significantly enhance mobility, resulting in improved operational efficiency and service reliability for Indian Railways. "These multi-tracking proposals are poised to streamline operations and alleviate congestion," the statement said. The projects are in line with the Prime Minister Narendra Modi's vision of a new India which will make people of the region Atmanirbhar by way of comprehensive development in the area, it said. "The projects are planned in accordance with PM-Gati Shakti National Master Plan with focus on enhancing multi-modal connectivity and logistic efficiency through integrated planning and stakeholder consultations, it added. "These projects will provide seamless connectivity for movement of people, goods, and services," the statement said. Outlining their benefits, the government said that the two projects covering four districts across the states of Maharashtra and Gujarat, will increase the existing network of Indian Railways by about 224 kms. Similarly, the approved multi-tracking project will enhance connectivity to about 585 villages, which are having a population of about 32 lakh. "The approved doubling from Kanalus to Okha (Devbhoomi Dwarka) would provide enhanced connectivity to Dwarkadhish temple facilitating access to key pilgrimage destinations, and lead to all round development of Saurashtra region," the statement said. It added, "Badlapur-Karjat section forms part of Mumbai suburban corridor. The 3rd and 4th line project will improve the connectivity in the Mumbai suburban area and meet the future demands of passengers, along with providing connectivity to Southern India." Highlighting their importance for freight traffic, the government emphasised that this is an essential route for transportation of commodities such as coal, salt, container, cement, etc. "The Railways, being environment friendly and energy efficient mode of transportation, will help both in achieving climate goals and minimizing logistics cost of the country, reduce oil import (3 crore litres) and lower CO2 emissions (16 crore kg) which is equivalent to plantation of 64 lakh trees," the statement said.

Continue reading at Economic Times

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INDIA BUSINESS | Wed, 26 Nov 2025, 6:51PM IST The government has approved doubling of the Dwarka-Kanalus rail line in Gujarat and building third and fourth lines between Badlapur and Karjat in Mumbai, at a total cost of Rs 2,781 crore. These projects aim to enhance freight and passenger connectivity, streamline operations, and support regional development in line with the PM-Gati Shakti National Master Plan.

Continue reading at Economic Times

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INDIA MARKET | Wed, 26 Nov 2025, 6:49PM IST The market heavyweight stock went up by 1.99 per cent to settle at Rs 1,569.75 on the BSE. During the day, the stock rallied 2.12 per cent to Rs 1,571.80 -- its 52-week high.

Continue reading at Economic Times

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GLOBAL NEWS | Wed, 26 Nov 2025, 6:48PM IST Rachel Reeves, the top economic official in an increasingly unpopular government, announced a series of measures intended to put the countrys finances on a stronger footing.

Continue reading at The New York Times

1h

INDIA BUSINESS | Wed, 26 Nov 2025, 6:46PM IST Ashiana Housing is investing Rs 750 crore in a new residential project in Gurugram's Sector 80. This development will focus on kid-centric living across 10.8 acres. The project will feature 542 apartments and extensive green areas. Phase 1 completion is planned for July 2030. The project aims to provide a safe and enriching environment for children and families.

Continue reading at Economic Times

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INDIA BUSINESS | Wed, 26 Nov 2025, 6:42PM IST ICIL, a company belonging to telecom czar Sunil Bharti Mittal's family office, on Wednesday sold 3.43 crore equity shares, or 0.56 per cent stake, in Bharti Airtel for about Rs 7,190 crore (USD 806 million). After the share sale, Bharti Airtel's scrip fell 3 per cent to Rs 2,097.50 apiece on the NSE while it dipped by 2.81 per cent to Rs 2,100 per share on the BSE. The Indian Continent Investment Ltd (ICIL) is one of the promoter entities in city-based Bharti Airtel. Under the transaction, the share sale comprises up to 34.3 million (3.43 crore) shares, representing 0.56 per cent of the outstanding share capital by the selling shareholder. The shares were offloaded at a floor price of Rs 2,096.70 per share, a 3 per cent discount to Bharti Airtel's closing price of Rs 2,161.60 apiece on the NSE on Tuesday, according to a term sheet seen by PTI. The transaction is pegged at around USD 806 million, or about Rs 7,189.19 crore. ICIL owned a 1.48 per cent stake in Airtel at the end of

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INDIA BUSINESS | Wed, 26 Nov 2025, 6:20PM IST The Women's Premier League is set for a significant commercial boost. New partner agreements for the 2026 and 2027 seasons are valued at Rs 48 crore. ChatGPT and Kingfisher join as Premier Partners. CEAT renews its association, and Bisleri comes on board as Beverage Partner. These developments highlight the league's growing commercial strength and global appeal.

Continue reading at Economic Times

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INDIA MARKET | Wed, 26 Nov 2025, 6:17PM IST Benchmark indices jumped on strong sectoral support from financials, energy, IT and autos, while stocks such as Swaraj Suiting, MCX, Reliance Power, Gallard Steel, Natco Pharma, Bharti Airtel and Chennai Petroleum saw major action driven by news flows and market sentiment.

Continue reading at Economic Times

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