Business

02

Dec

By The Press Editor

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Business

Wockhardt Share Price: Pharma stock surges over 6% as USFDA accepts NDA for antibiotic Zaynich

Wockhardt Share Price: The action in the stock comes as Zaynich has been granted fast-track designation by the USFDA. Mumbai: The action in the stock comes as Zaynich has been granted fast-track designation by the USFDA. 

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02

Dec

By The Press Editor

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Business

Market Opening Bell: Sensex drops 316 points, Nifty above 26,050, Asian Paints among top gainers

Sensex, Nifty Today: Gift Nifty, an early indicator for the Nifty 50, indicated a flat start as it opened with a gain of just four points at 26,364, compared to the previous close of 26,360. Mumbai: Indian equity benchmark indices, the Sensex and Nifty, rallied in the opening session on Monday, December 1, 2025, amid optimism over prospective rate cuts. While the 30-share BSE Sensex dipped 316.39 points to start the session at 85,325.51, the Nifty shed 87.8 points to open at 26,087.95. In the last trading session, the Sensex closed at 85,706.67 and the Nifty 50 at 26,175.75. Similarly,…

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01

Dec

By The Press Editor

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Business

Navi Mumbai International Airport hits major milestone, commercial operations to begin from December 25

Navi Mumbai International Airport: The airport’s first arrival will be IndiGo flight 6E460 from Bengaluru, scheduled to land at 8 a.m. on December 25. Mumbai: In a notable development related to the Navi Mumbai International Airport in Mumbai, it has undergone a key exercise, which marks its readiness to start commercial operations from December 25. The exercise known as the Operational Readiness and Airport Transfer (ORAT) is considered extremely important for an airport to begin operations. First-ever full-scale integrated passenger trial  In a statement, the airport said, “As we prepare for flights on December 25, our ORAT Team successfully completed…

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01

Dec

By The Press Editor

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Business

Bitcoin tumbles around 7%, other cryptocurrencies too face selling pressure: Details

The impact of Bitcoin's sharp drop has also been felt in other cryptocurrencies. Ethereum, Ripple, BNB, Solana, and Dogecoin, among the world's top 10 crypto tokens, fell by 5-8 per cent. Mumbai: The cryptocurrency market tumble on Monday amid sell-off on Monday. Investors holding Bitcoin are in panic as this major cryptocurrency has crashed below USD 90,000. On Monday, Bitcoin fell by around 7 per cent under the pressure of a sudden, intense sell-off, and within a short time, its price dropped by nearly USD 5,000. Not only Bitcoin, but the world's top 10 cryptocurrencies experienced significant declines, and according…

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01

Dec

By The Press Editor

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Business

Harmanpreet Kaur, Indian women’s cricket team captain, is Punjab National Bank’s new brand ambassador

The announcement took place at a ceremony, themed 'Banking On Champions', at PNB's corporate office in New Delhi, during which Harmanpreet Kaur was also presented with a framed bank jersey bearing her name and number. New Delhi: The Punjab National Bank (PNB) on Monday announced that Indian women's cricket team captain Harmanpreet Kaur has been appointed as the bank's first-ever female brand ambassador. The announcement took place at a ceremony, themed 'Banking On Champions', at PNB's corporate office in New Delhi, during which Kaur was also presented with a framed bank jersey bearing her name and number. The ceremony was…

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01

Dec

By The Press Editor

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Business

DDA offers massive 25% discount: Grab your dream home as December bookings open

The Karmayogi Awaas Yojana will start with flats in Pocket 9 of Sectors A1 to A4, with subsequent phases likely to follow the initial response. New Delhi: In its bid to speed up the sale of ready-to-move-in houses in the Narela region, the Delhi Development Authority (DDA) is set to launch the Karmayogi Awaas Yojana in December. Along with catering to the government employees, the scheme offers properties to the Higher Income Group (HIG), Middle Income Group (MIG), and Economically Weaker Section (EWS) categories with a notable discount of 25 per cent. DDA looks to target a wider demographic The…

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01

Dec

By The Press Editor

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Business

December 2025 Bank Holidays: Complete list of closure days this month

The major national holiday this month is Christmas on December 25. All banks in the country will remain closed on that day. New Delhi: As the month of December is set to kick in, it will bring with it a good number of bank holidays, comprising weekly offs as well as state-specific holidays. According to the Reserve Bank of India's official calendar, banks will remain closed on several holidays, including public and regional in nature. The holidays vary from state to state, as some of the celebrations and observations are based on local sensibilities. This implies that on certain dates,…

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01

Dec

By The Press Editor

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Business

317% return in 3 years: Stock under Rs 50 trades higher post new order win from India Railways – Details

Meanwhile, the BSE has placed the stock under the Short Term Additional Surveillance Measure Stage 1 (ST ASM-1) framework. Mumbai: Shares of smallcap company MIC Electronics jumped nearly 7 per cent as the company informed exchanges that it has secured a new contract from the Indian Railways' Vijayawada Railway Division. The counter opened in green at Rs 44.85 against the previous close of Rs 44.64 on the BSE. It later gained to touch the high of Rs 47.68, a gain of 6.81 per cent from the previous close. Last seen, the counter was trading at Rs 47.25 with a gain…

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01

Dec

By The Press Editor

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Business

BSE-listed IT stock trades in green even as benchmark indices decline after record gains: Details

The stock's 14-day relative strength index (RSI) is 27.19. For the uninitiated, a level above 70 is considered overbought or overvalued, and below 30 is defined as oversold or undervalued. Mumbai: Shares of Blue Cloud Softech Solutions Ltd, a small-cap IT company with a market cap of Rs 920.99 crore, are in focus today, i.e. on December 1, 2025. The stock traded in the green at the time of writing the report, even as Sensex dipped 608 points from the day's high and Nifty fell below 26,150. The counter began the trading session in the green at Rs 20.89…

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01

Dec

By The Press Editor

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Business

Anil Ambani moves Supreme Court against Bombay HC order on SBI’s classification of his account as fraud

A division bench of Justices Revati Mohite Dere and Neela Gokhale on October 3 dismissed a petition filed by Ambani, challenging the SBI order. Mumbai: Reliance Group chairman Anil Ambani has moved the Supreme Court challenging the Bombay High Court's decision that upheld the  State Bank of India's (SBI) decision classifying his and Reliance Communications' accounts as fraud. The Bombay High Court on October 3, 2025, dismissed a petition filed by the industrialist. The court has upheld a decision by the SBI noting that there was no legal flaw in it. In the judgement, the court ruled that the SBI's…

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