Rupee near 90 sparks earnings hit for corporates with dollar exposure
Market participants say the rupee remains under pressure due to sustained foreign investor outflows, NDF-expiry-related covering, and limited RBI intervention.
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Motilal Oswal Financial Services approves ₹300 crore NCD issuance via private placement
The tenure of the instrument is three years, with allotment to be made on the date approved by the Board of Directors or the Finance Committee, or another date determined by them and communicated to the exchanges. Shares of Motilal…
Hindustan Copper, NTPC Mining sign MoU to jointly pursue copper and critical mineral projects
Under the MoU, HCL and NML will assess opportunities for joint investments aimed at developing, mining and processing minerals from HCL’s existing asset base. Shares of Hindustan Copper Ltd ended at ₹338.50, down by ₹0.75, or 0.22%, on the BSE.
Trade Setup for December 3: Nifty analysts advise buying the dips but selling the rallies
The Nifty 50 index spent another session in a sluggish and largely negative zone as broad-based weakness and nervousness ahead of the Reserve Bank of India’s December 5 policy decision weighed on sentiment.
IndiGrid Infrastructure Trust to acquire Gadag Transmission for ₹372 crore
The acquisition of the renewable energy transmission player will be funded through a combination of equity, internal accruals, and debt. Shares of IndiGrid Infrastructure Trust ended at ₹168.50, up by ₹0.050, or 0.030%, on the BSE today, December 2.
Canara Bank raises ₹3,500 crore via Basel III additional tier I bonds at 7.55%
The unsecured, subordinated, listed, rated, non-convertible, perpetual and fully paid-up bonds carry a face value of ₹1 crore each. The issue opened and closed on November 28, 2025, with 3,500 bonds placed with 37 allottees. Shares of Canara Bank Ltd…
RBI retains SBI, HDFC Bank and ICICI Bank as systemically important banks
RBI has reaffirmed SBI, HDFC Bank and ICICI Bank as domestic systemically important banks, requiring them to maintain additional CET1 capital buffers based on their systemic importance scores.
RPP Infra Projects wins ₹26 crore road widening order in Tamil Nadu
The project involves widening the Hogenakkal-Pennagaram-Dharmapuri-Thirupathur Road (SH-60) from two lanes to four lanes, with a contract value of ₹25.99 crore, inclusive of GST. Shares of RPP Infra Projects Ltd ended at ₹107.50, down by ₹0.95, or 0.88%, on the…
Mold-tek Packaging inks MoU with UK’s Vibe Generation to scale high-value closures business
Mold-tek aims to generate about ₹250 crore in revenue over the next five years through this collaboration as the global market for such specialised closures is estimated at around $1 billion. Shares of the company closed at ₹619.20 on Tuesday,…
Asian Paints’ Amit Syngle on navigating two turbulent years with a focus on excellence everywhere
Amit Syngle, MD & CEO of Asian Paints, said the company is entering its next phase with greater clarity. Asian Paints is strengthening its brand-building efforts, sharpening its regional strategy, and expanding its presence through initiatives like its new partnership…