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Category: Business

Business

Rupee rises 54 paise, strengthens past 90 per U.S. dollar level

Posted on December 19, 2025 By admin
Rupee rises 54 paise, strengthens past 90 per U.S. dollar level

At the interbank foreign exchange, the rupee opened at 90.19 against the U.S. dollar, then recovered some lost ground to touch an intra-day high of 89.25, registering a 95-paise gain from its previous close. File | Photo Credit: Reuters The rupee appreciated 54 paise to close at 89.66 (provisional) against the U.S. dollar on Friday…

Read More “Rupee rises 54 paise, strengthens past 90 per U.S. dollar level” »

Business

Stock markets surge after four days of decline; Sensex jumps 447 points

Posted on December 19, 2025 By admin
Stock markets surge after four days of decline; Sensex jumps 447 points

 The 30-share BSE Sensex jumped 447.55 points, or 0.53%, to settle at 84,929.36. During the day, it surged 585.69 points, or 0.69%, to 85,067.50. File Equity benchmark indices Sensex and Nifty surged on Friday (December 19, 2025) after four days of decline in tandem with a rally in global markets as a lower-than-expected U.S. consumer…

Read More “Stock markets surge after four days of decline; Sensex jumps 447 points” »

Business

Reliance Consumer Products picks up majority stake in Tamil Nadu’s Udhaiyams Agro Foods

Posted on December 19, 2025 By admin
Reliance Consumer Products picks up majority stake in Tamil Nadu’s Udhaiyams Agro Foods

As per the agreement, Reliance Consumer Products holds a majority stake, while the erstwhile promoters of Udhaiyams Agro Foods Private, S. Sudhakar and S. Dinakar, would continue to hold a minority stake in the company. File photo: Reuters Reliance Consumer Products Limited, the fast moving consumer goods division of Reliance Industries Limited, has acquired a…

Read More “Reliance Consumer Products picks up majority stake in Tamil Nadu’s Udhaiyams Agro Foods” »

Business

Coca-Cola India FY25 profit rises 46.3% to ₹615 crore, revenue at ₹5,042.56 cr

Posted on December 19, 2025 By admin
Coca-Cola India FY25 profit rises 46.3% to ₹615 crore, revenue at ₹5,042.56 cr

Coca-Cola operates in the India market with power brands, including Coca-Cola, Thums Up, Limca, Sprite, Maaza, and Minute Maid. File Photo: Reuters Beverages major Coca-Cola India’s has posted a 46.3% rise in consolidated profit to ₹615.03 crore in FY25, while its revenue from operations rise 7% to ₹5,042.56 crore. Its total income, which includes other…

Read More “Coca-Cola India FY25 profit rises 46.3% to ₹615 crore, revenue at ₹5,042.56 cr” »

Business

Net direct tax collection grows 8% to ₹17.04 lakh crore on slower refunds

Posted on December 19, 2025 By admin
Net direct tax collection grows 8% to ₹17.04 lakh crore on slower refunds

Net direct tax collection grew 8% to over ₹17.04 lakh crore between April 1-December 17 as refund issuances slowed, the income tax department data showed on Friday (December 17, 2025). This includes net corporate tax mop up of over ₹8.17 lakh crore and non-corporate tax of about ₹8.47 lakh crore. Net revenue from Securities Transaction…

Read More “Net direct tax collection grows 8% to ₹17.04 lakh crore on slower refunds” »

Business

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Posted on December 19, 2025 By admin

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Business

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Posted on December 19, 2025 By admin

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Business

Adani to invest ₹1 lakh crore in airports; eyes aggressive bids in next privatisation round

Posted on December 19, 2025 By admin
Adani to invest ₹1 lakh crore in airports; eyes aggressive bids in next privatisation round

Adani Group plans to invest ₹1 lakh crore in its airports business over the next five years, betting on sustained growth in India’s aviation sector, which is expected to expand at 15-16% annually, a top group official said. “On the airport side, ₹1 lakh crore in the next five years,” Jeet Adani, director of Adani…

Read More “Adani to invest ₹1 lakh crore in airports; eyes aggressive bids in next privatisation round” »

Business

Piramal Finance to sell it’s entire holding in Shriram Life Insurance for ₹600 crore

Posted on December 19, 2025 By admin
Piramal Finance to sell it’s entire holding in Shriram Life Insurance for ₹600 crore

Chairman of Piramal Finance Anand Ajay Piramal | Photo Credit: ANI Piramal Finance Ltd has announced that it has entered into an agreement with Sanlam Emerging Markets (Mauritius) Ltd (SEMM), an entity of the Sanlam Group to sell its entire 14.72% equity stake in Shriram Life Insurance (SLI) for about ₹600 crore. The transaction is expected…

Read More “Piramal Finance to sell it’s entire holding in Shriram Life Insurance for ₹600 crore” »

Business

Delhi airport sees 79 flight cancellations due to dense fog

Posted on December 19, 2025 By admin
Delhi airport sees 79 flight cancellations due to dense fog

Aircrafts amid fog can be seen at the IGI Airport, Several flight and train got delayed due to heavy fog around New Delhi on December 2025. | Photo Credit: R.V. Moorthy Dense fog continued to disrupt operations at the Delhi airport, with at least 79 flights getting cancelled on Friday (December 19, 2025), according to…

Read More “Delhi airport sees 79 flight cancellations due to dense fog” »

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