Business

03

Dec

By The Press Editor

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Business

Gold continues to rise, trades near Rs 1.31 lakh on MCX, silver too jumps | Check city-wise rates

Gold Price Today, Gold MCX Rate: In the international market, the COMEX gold price jumped 0.72 per cent, trading at approximately USD 4,251.1 per troy ounce. The spot gold price at 11 am was USD 4,217.01 per ounce, up by USD 27.45 or 0.66 per cent. Mumbai: Rates of precious metals in futures trade continued to surge on Wednesday, December 3, 2025. The gold February 5 contract on the Multi Commodity Exchange (MCX) opened with a jump of Rs 791 at Rs 1,30,550 per 10 grams against the previous close of Rs 1,29,759. It jumped further to touch the high…

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03

Dec

By The Press Editor

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Business

Rupee falls to new low of 90.15 against US dollar in early trade

Rupee vs Dollar: The rupee weakened to a low of 90.15 per US dollar, eclipsing its previous all-time low of 89.9475 hit on Tuesday. Mumbai: The rupee declined 27 paise and breached the psychological 90-a-dollar level and hit an all-time low of 90.15 against the US dollar in early trade on Wednesday, as worries over a missing trade deal with Washington kept the currency under pressure. The rupee opened at 89.91 against the dollar and weakened to a low of 90.15 soon after, eclipsing its previous all-time low of 89.9475 hit on Tuesday. It ended the previous session at 89.88.…

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02

Dec

By The Press Editor

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Business

This IT stock gains as company plans expansion into agri-tech, health-tech sectors

According to BSE Analytics, the stock has yielded a positive return of 546.96 per cent in five years and 172.33 per cent in three years. However, the stock has corrected 35.45 per cent in two years and 42.32 per cent in one year. Mumbai: Shares of IT services and business solutions provider Bartronics India trade in green on Tuesday, December 2, 2025, even as benchmark indices Sensex and Nifty declined in early trade amid continuous foreign fund outflows and uncertainty over repo rate cuts. The stock opened in green at Rs 11.68 against the previous close of Rs 11.55 on…

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02

Dec

By The Press Editor

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Business

Vande Bharat big update for passengers: Indian Railways adds new stops on these key routes

The Vande Bharat Express, built indigenously, continues to be among the top passenger choices due to its premium features, including superior safety, high speed, and other modern amenities. Mumbai: As the popularity and passenger demand for Vande Bharat train services increase day by day, the Railways has taken a decision to introduce additional stops on two key routes. The stoppages are to be planned on a trial basis for the Pune-Hubli Vande Bharat Express and CSMT-Solapur Vande Bharat Express at Kirloskarwadi (KOV) and Daund (DD) railway stations, respectively. Move to benefit passengers The move will prove beneficial for passengers belonging…

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02

Dec

By The Press Editor

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Business

Chipmaker stock in focus as EGM approves raising funds via foreign currency convertible bonds: Details

Earlier, the company stated that it had received a Letter of Acceptance (LoA) from the Vijayawada Railway Division to install an IP-based integrated passenger information system at Annavaram and Yelamanchili railway stations. Mumbai: Hyderabad-headquartered MIC Electronics Limited has informed exchanges that its board has considered and approved the proposal of raising funds by issuance of foreign currency convertible bonds (FCCBs). These bonds will be issued on a private placement basis, not exceeding USD 15 million in one or more tranches. The firm has also approved raising of funds up to Rs 250 crore through qualified institutions placement.  Share price today…

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02

Dec

By The Press Editor

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Business

Mumbai pod-taxi plan gathers speed, bhoomi pujan for Mira-Bhayandar route in six months: Check details

Chief Minister Devendra Fadnavis emphasised that pod taxi services would soon be introduced in the state to give a boost to mobility and simultaneously reduce congestion. Mumbai: Pod taxis are gaining prominence in Maharashtra, with the state government appearing to have a clear intent of moving ahead with this technology. This mode of transport has already been integrated into some of the state’s pockets, giving a fresh outlook to the overall transport landscape. According to an FPJ report, State Transport Minister Pranab Sarnaik announced at an event in Thane that the Bhoomi Pujan for the Mira–Bhayandar pod taxi corridor is…

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02

Dec

By The Press Editor

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Business

This textile stock jumps 5% as company bags export order worth Rs 100 crore, check share price, other details

Technically, the counter trades higher than the 5-day and 20-day moving averages but lower than the 50-day, 100-day and 200-day moving averages. Mumbai: Shares of denim fabric manufacturer Vishal Fabrics gained over per cent after a gap down opening as the company has shared details about the receipt of a major merchant export order, which is valued at around Rs 100 crore. The counter opened gap down with a loss of 2.11 per cent at Rs 26.50 against the previous close of Rs 27.07 on the BSE. Amid a spurt in  volume by more than 3.10 times, the stock surged…

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02

Dec

By The Press Editor

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Business

Defence stock gains after securing 15-year license from government: Check full details here

Meanwhile, the BSE has placed the stock under the Short Term Additional Surveillance Measure Stage 1 (ST ASM-1) framework. The 52-week high of the stock is Rs 354.65 and the 52-week low is Rs 92.50. Mumbai: Shares of homegrown aerospace and defence company Apollo Micro Systems Ltd (AMSL) gained despite a sell-off in markets as the company has informed exchanges that it has secured a 15-year license from the government for the manufacturing of equipment under the Category of Defence Aircraft for Unmanned Helicopters activity, which includes Unmanned Aerial Systems and Allied Defence Equipment for Inertial Navigation Systems and Radar Equipments.…

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02

Dec

By The Press Editor

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Business

BSE smallcap specialty chemicals stock in focus as company exercises warrants, check share price

According to the BSE Analytics, the scrip has delivered a multibagger return of 699 per cent in 10 years and 474 per cent in five years. However, it has corrected 22 per cent in three years. Mumbai: Speciality chemicals company Fineotex Chemical Ltd has informed exchanges that it has exercised warrants issued on a preferential basis on November 21, 2025. According to the information shared, the equity shares were allotted to a mix of promoter and non-promoter investors. The company said that funds raised by the company will be deployed towards working capital requirements and for operational acquisitions. This, in…

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02

Dec

By The Press Editor

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Business

Meesho vs Vidya Wires vs Aequs: Check latest grey market premiums and other details

Meesho IPO GMP vs Aequs IPO GMP vs Vidya Wires IPO GMP: The GMP is the unofficial premium at which an IPO's shares are traded before their formal listing on the stock exchange. Mumbai: Three new Initial Public Offerings (IPOs) will open for subscription tomorrow, i.e. on Wednesday, December 3, 2025. These upcoming public issues are from Meesho, Vidya Wires, and Aequs. As these public issues will open for subscription soon, investors will be closely monitoring grey market premiums (GMPs) along with key details like price bands, lot sizes, and the subscription window. The GMP is the unofficial premium at…

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