Flex offices are the new gateway for GCCs
INDIA BUSINESS | Thu, 1 Jan 2026, 9:33PM IST
Flexible workspace operators are strategically partnering with Global Capability Centers (GCCs) to facilitate their expansion into India. GCCs require significant office space by 2030, with flex spaces poised to capture a substantial portion. These operators are offering comprehensive solutions beyond just desks, acting as extended operational teams to ensure speed-to-market and seamless execution for entering firms.
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INDIA BUSINESS | Thu, 1 Jan 2026, 9:33PM IST
Sapphire Foods India said it will merge with Devyani International, a move expected to consolidate local franchise partners of Yum Brands, which owns KFC and Pizza Hut. The companies said the proposed merger is subject to approvals from regulators, stock exchanges, the Competition Commission of India, the National Company Law Tribunal, and shareholders and creditors.
Continue reading at Economic Times
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Hero MotoCorp sales surge 40% to 4,56,479 units in December
INDIA BUSINESS | Thu, 1 Jan 2026, 9:21PM IST
Hero MotoCorp saw a significant 40 percent jump in wholesales for December 2025. The company sold 4,56,479 units compared to 3,24,906 units in December 2024. This growth was fueled by strong domestic demand, new product launches, and excellent performance in both its ICE and EV scooter segments. Motorcycle sales also saw a substantial rise, contributing to the overall positive results.
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TVS Motor Company sales jumps 50 pc to 4,81,389 units in December
INDIA BUSINESS | Thu, 1 Jan 2026, 9:19PM IST
The total two-wheeler sales grew by 48 per cent at 4,61,071 units last month compared to 3,12,002 units in December 2024, the company said in a statement.
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Will Maruti Suzuki hike prices of small cars? Auto major issues statement
INDIA BUSINESS | Thu, 1 Jan 2026, 9:16PM IST
Maruti Suzuki India said it will soon decide whether to raise prices of its small cars, after cutting rates last year beyond the GST 2.0 benefit to boost motorisation. The company had reduced prices of entry-level models such as S-Presso, Alto K10, Celerio and Wagon-R in September 2025.
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INDIA BUSINESS | Thu, 1 Jan 2026, 9:01PM IST
In a regulatory filing on Thursday, HUDCO informed that the company has achieved loan sanctions of Rs 1,39,151.92 crore during the April-December period of the current fiscal year.
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Lowest steel prices in five years in India in 2025, Tata Steel CEO Narendran says
INDIA BUSINESS | Thu, 1 Jan 2026, 8:43PM IST
Tata Steel CEO T V Narendran stated that Indian steel prices hit a five-year low in 2025 despite strong domestic demand. Global trade disruptions and protectionist measures, coupled with increased Chinese exports, led to excess global supply, impacting Indian producers. Narendran highlighted Tata Steel's focus on value-added products and capacity expansion at its various plants.
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PM Modi adds rail link to GohpurNumaligarh underwater tunnel: Assam CM Himanta Biswa Sarma
INDIA BUSINESS | Thu, 1 Jan 2026, 8:41PM IST
Prime Minister Narendra Modi has approved the inclusion of a railway component in the Gohpur-Numaligarh twin-tube underwater tunnel project. This strategic tunnel, crucial for defense due to its proximity to Arunachal Pradesh, will now cost Rs 20,000 crore, an increase from the initial Rs 12,000 crore estimate.
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India can save $1 bn in crude imports by replacing 10% diesel with LNG
INDIA NEWS | Thu, 1 Jan 2026, 8:26PM IST
Reducing liquid-fuel demand will lower exposure to global oil price shocks as India remains heavily dependent on imported crude oil, said the country's petroleum regulator
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Tax cuts, rate relief drive car sales to record 4.5 million in 2025
INDIA BUSINESS | Thu, 1 Jan 2026, 8:22PM IST
Indian car sales hit a record 4.5 million units last year. Tax rationalisation and repo rate reductions boosted buyer income. Passenger vehicle sales grew, with SUVs leading the market. Automakers like Maruti Suzuki, Tata Motors, and Mahindra & Mahindra reported their best-ever domestic sales.
Continue reading at Economic Times
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US stocks rose again in 2025 after overcoming turbulence from tariffs and Trump's fight with the Fed
INDIA MARKET | Thu, 1 Jan 2026, 8:17PM IST
The year 2025 was scary good for investors. It was scary because the U.S. stock market plunged to several historic drops on worries about everything from President Donald Trump's tariffs to interest rates to a possible bubble in artificial-intelligence technology.
Continue reading at Economic Times
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Indices end first trading session of 2026 on muted note amid ITC selloff
INDIA MARKET | Thu, 1 Jan 2026, 8:11PM IST
Indian equity benchmarks closed largely flat in the first trading session of 2026, as gains in Larsen & Toubro and M&M offset sharp losses in ITC after a new tobacco tax announcement
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Coal India output grows 4.6 pc; offtake dips 5.2 pc in December
INDIA BUSINESS | Thu, 1 Jan 2026, 8:06PM IST
The miner, along with its eight subsidiaries, produced 75.7 million tonnes (MT) of coal in December 2025, higher than 72.4 MT in the same month in 2024.
Continue reading at Economic Times
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INDIA MARKET | Thu, 1 Jan 2026, 8:04PM IST
SBI stock, Bank of Baroda, PSU banks, Nifty 2026, buy-on-dips strategy, technical analysis, short-term gains, stock recommendations
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KPI Green Energy gets grid connection nod for 32 MW projects
INDIA BUSINESS | Thu, 1 Jan 2026, 8:02PM IST
KPI Green Energy said it has received approval to connect 32.40 megawatts of solar and hybrid power projects to the main electricity grid. The company said the projects were developed for clients of its subsidiary under its captive power producer business.
Continue reading at Economic Times
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NMDCs iron ore output rose 15% in December 2025, sales 19%
INDIA BUSINESS | Thu, 1 Jan 2026, 7:59PM IST
For the nine months ended December, iron ore production stood at 36.89 MT, which is 20% higher compared to 30.77 MT in the corresponding period of previous fiscal
Continue reading at The Hindu
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Ahead of Market: 10 things that will decide stock market action on Friday
INDIA MARKET | Thu, 1 Jan 2026, 7:58PM IST
The Indian market ended Thursday with the Sensex marginally lower and the Nifty slightly higher, as gains in IT stocks offset losses in FMCG counters like ITC following a new cigarette tax. Trading was thin due to global holidays, with attention now on Q3 earnings, budget cues, and global developments shaping 2026.
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Aurobindo Pharma arm acquires non-oncology portfolio of Khandelwal Labs
INDIA BUSINESS | Thu, 1 Jan 2026, 7:54PM IST
The business generated a turnover of 113.5 crore in 2024-25 with an EBITDA of 28.9 crore. It has around 470 people strong field force and more than 1,600 stockists and other distribution related infrastructure.
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RBI says 98.41% of withdrawn Rs 2000 banknotes returned
INDIA BUSINESS | Thu, 1 Jan 2026, 7:41PM IST
The Reserve Bank of India said 98.41 per cent of Rs 2,000 banknotes in circulation have been returned since their withdrawal was announced in May 2023. The value of these notes has fallen from Rs 3.56 lakh crore on May 19, 2023, to Rs 5,669 crore as of December 31, 2025.
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Honda Cars India sales up 3.6% at 5,807 units in December
INDIA BUSINESS | Thu, 1 Jan 2026, 7:34PM IST
Honda Cars India reported a 3.6% rise in domestic sales for December 2025, selling 5,807 units compared to 5,603 in the previous year. Exports, however, saw a decline. The company attributed the positive domestic performance to robust demand across its model range and anticipates new opportunities in 2026 with upcoming product launches.
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Air India pilot grounded following 'fitness' concern ahead of Vancouver-Delhi flight departure
INDIA BUSINESS | Thu, 1 Jan 2026, 7:20PM IST
Air India grounded a pilot after Canadian authorities raised concerns about his fitness for duty. The pilot was deplaned from a Vancouver-Delhi flight on December 23, causing a delay. The airline is cooperating with authorities and has taken the pilot off flying duties pending an inquiry.
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House of Abhinandan Lodha sells 1,419 flats in Mumbai region for Rs 640 cr
INDIA MARKET | Thu, 1 Jan 2026, 7:16PM IST
Realty firm The House of Abhinandan Lodha (HoABL) has sold 1,419 apartments for Rs 640 crore at its housing project in the Mumbai Metropolitan Region (MMR) on strong demand for low-cost homes.
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Tarun Garg takes charge as Hyundai Motor India MD & CEO
INDIA BUSINESS | Thu, 1 Jan 2026, 7:06PM IST
Tarun Garg has officially taken over as the Managing Director & Chief Executive Officer of Hyundai Motor India, marking the first time an Indian national leads the company. Under his leadership, HMIL plans to invest Rs 45,000 crore by FY 2030 to accelerate its focus on EVs, hybrids, and connected mobility, while also enhancing indigenization and export capabilities.
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Tobacco stocks tank as new taxes come into effect from Feb
INDIA MARKET | Thu, 1 Jan 2026, 7:04PM IST
Shares of cigarette makers fell sharply after the Centre announced higher GST and excise duties on tobacco products from February, raising concerns over price hikes, volumes and margins
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Vodafone Idea slapped with 638 crore GST penalty, plans legal challenge
INDIA BUSINESS | Thu, 1 Jan 2026, 6:41PM IST
A day after getting major AGR dues relief, Vodafone Idea was slapped with a 637.9-crore GST penalty for alleged tax short payment
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RBI flags insurers high-cost distribution
INDIA NEWS | Thu, 1 Jan 2026, 6:38PM IST
The Reserve Bank of India has flagged structural pressures in the insurance sector, saying premium growth is being increasingly driven by high-cost distribution-led strategies of insurance companies rather than operating efficiency. While posing no near-term systemic risks, the surface-level stability masks emerging structural pressures that could weigh on medium-term sustainability and coverage expansion, RBI said in its latest financial stability report. "A primary pressure is the persistence of a high expense structure, particularly the acquisition costs. Premium growth has been increasingly driven by high-cost distribution-led strategies rather than operating efficiency," the report said. It further said that while in the life insurance sector, frontloaded acquisition costs limited the extent to which scale efficiencies are passed on to policyholders. Furthermore, expected benefits from digitisation remain unrealised. "From a financial stability perspective, continuously elevated expenses could weaken profitability buffers and amplify cyclical vulnerabilities," it said. A reorientation towards cost rationalisation, aligning intermediary incentives with persistency and value to policyholders, and wider adoption of technology-enabled low-cost distribution models is essential, it said. Supported by regulatory initiatives like risk-based capital framework, enhanced disclosures, and strengthened market conduct standards, a sustained moderation in expense intensity would improve consumer value, reinforce the sector's long-term resilience, and facilitate transition from the current 'high-cost, low-inclusion' to 'affordable-cost, broad inclusion and high quality' equilibrium, it added. Total premium income grew to Rs 11.9 lakh crore in 2024-25 from Rs 8.3 lakh crore in 2020-21, reflecting consistent market expansion and stable financial intermediation capacity. "However, total insurance premium masks a significant growth moderation, as the growth rates for both life and non-life sectors have slowed sharply," the RBI said. At a sectoral level, the report said the life (protection and savings) sector exhibits a high concentration risk, while the non-life sector has undergone a structural shift, with health emerging as the leading segment. Furthermore, product concentration in both life and non-life sectors indicates limited progress in diversification. Total assets under management of the insurance sector reached Rs 74.4 lakh crore as on March 31, 2025, with life insurers accounting for 91 per cent of total investments, underscoring the sector's deepening financial footprint and its growing significance as a primary institutional investor in the economy. The report further said that a distinct divergence in cost efficiency is evident between public and private life insurers. "Public life insurers show a strong focus on expense management and potentially lower acquisition costs underlined by a flat commission structure despite growing premiums. In contrast, private life insurers show a steep increase in commission pay-outs, particularly surging from 2022-23 onwards, indicating business acquisition at higher marginal cost," it said. In the non-life sector, public insurers demonstrate a stable but high expense base. While their premiums have grown steadily, operating expenses spiked in 2022-23 before moderating, and commission costs have remained low and flat, reflecting their reliance on established, lower-cost distribution channels. Conversely, private non-life insurers exhibit a more aggressive cost-growth dynamic. Their commission expenses have escalated sharply. This points to a high-cost distribution-led growth strategy, potentially impacting underwriting margins. The RBI report also noted that insurance density (premium per capita) shows a steady increase from USD 78 in 2020-21 to USD 97 in 2024-25, reflecting rising absolute spending on insurance by households and firms. In contrast, it added the simultaneous fall in penetration (premium as a percentage of GDP) indicates that income and output are growing faster.
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RBI expresses concern over high-cost distribution strategies of insurers
INDIA BUSINESS | Thu, 1 Jan 2026, 6:38PM IST
The Reserve Bank of India has flagged rising structural pressures in the insurance sector, warning that premium growth is increasingly driven by high-cost distribution strategies rather than operating efficiency.
Continue reading at Economic Times
3h
NHAI to discontinue KYV process for cars for all new FASTag issued from February 1, 2026
INDIA BUSINESS | Thu, 1 Jan 2026, 6:23PM IST
The National Highways Authority of India has decided to scrap the mandatory Know Your Vehicle process for new FASTag issuances for cars, jeeps and vans from February 1, 2026. The move aims to ease inconvenience and delays faced by users after FASTag activation.
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NHAI to discontinue KYV process for all new car, jeep, van FASTag issuances from Feb 1
INDIA BUSINESS | Thu, 1 Jan 2026, 6:23PM IST
The National Highways Authority of India has decided to scrap the mandatory Know Your Vehicle process for new FASTag issuances for cars, jeeps and vans from February 1, 2026. The move aims to ease inconvenience and delays faced by users after FASTag activation.
Continue reading at Economic Times
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