ICICI Prudential Asset Management Company on Monday set the price band for its much-awaited public issue, putting a valuation of about Rs 1.07 lakh crore on the fund house as it prepares to tap the capital markets later this week.The Rs 10,602-crore initial public offering will open for subscription on December 12 and close on…
India’s defence aviation is set for a major boost, as Tata Advanced Systems and Lockheed Martin begin a dedicated Maintenance, Repair and Overhaul (MRO) facility for the C-130J Super Hercules aircraft. The groundbreaking, that took place in Bengaluru on Monday, marks the latest expansion in the two companies’ long-running industrial ties.The ceremony was attended by…
Gold traded near multi-week highs through last week as expectations of a Fed rate cut continued to firm. (AI image) Gold price prediction today: Gold prices are expected to be driven by US Federal Reserve’s policy decision and comments by the Fed Chair, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services…
Goldman Sachs has a buy on Maruti Suzuki with the target price at Rs 19,000. Analysts said that for the auto major small car elasticity, Product cycle inflection and addition to the global financial services major’s APAC conviction list are some of the strong positives. They believe post GST-cuts, elasticity for small cars is favourable…
China ended November with a historic milestone, recording an annual trade surplus of more than $1 trillion for the first time. Official figures released on Monday show that booming exports to markets outside the United States more than compensated for shrinking US demand.The breakthrough came only weeks after Presidents Xi Jinping and Donald Trump negotiated…
When people tell me about their stock market disasters, the story is almost always familiar. It’s rare, “I bought a solid company at a sensible price, held it for years, and it went to zero.” What I usually hear is closer to, “I bought stock based on this story… this penny stock… this F&O trade…
Flight disruptions continued on Monday (PTI image) NEW DELHI: IndiGo’s operational crisis entered its seventh consecutive day on Monday, with more than 400 large-scale flight cancellations continuing across major airports, leaving thousands of passengers stranded nationwide.Meanwhile, the Supreme Court has declined to hear a plea seeking judicial intervention in the cancellation of hundreds of flights,…
Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, the top stock picks for this week are AB Capital, and Indus Towers. Here’s his view on Nifty, Bank Nifty for the week starting December 8, 2025:Nifty ViewThe benchmark index Nifty began December on…
Stock markets across Asia traded mixed on Monday as investors await an interest rate cut decision from the US Federal Reserve, scheduled for later this week.In Hong Kong, HSI dropped over 255 points, nearing 1% loss to trade at 25,829.Nikkei, meanwhile, added 44 points to 50,535. Shanghai and Shenzhen also gained 0.8% or 1.74%, respectively….
Domestic flight ticket prices showed some relief on Monday after the government imposed temporary caps, bringing a breather to passengers who were hit by unprecedented fare hikes, after IndiGo’s mass flight disruptions.Airfares had surged to never-seen-before levels on Friday when IndiGo cancelled more than 1,000 flights. A one-way one-stop economy-class SpiceJet Kolkata–Mumbai ticket for December…
