Economic Times

• Logistics firm Shiprocket has filed updated draft red herring prospectus (DRHP) papers for an Initial Public Offering (IPO) aiming to raise ₹2,342 crore. The company plans to raise ₹1,100 crore in fresh capital, with investors and founders selling shares in the offer-for-sale component. Shiprocket anticipates listing in the first quarter of fiscal year 2027.
• India's wealth creation has reached a record ₹148 trillion.
• Shivganga Drillers has filed papers with SEBI for a ₹400-crore IPO.
• A notable trend sees 10 penny stocks rallying by up to 515% in FY26 so far, with six turning multibaggers.
• The US Federal Reserve announced a major rate cut on December 11, 2025, lowering the target range for the federal funds rate by a quarter percentage point to 3.12-3.75%.

Business Standard

• Square Pharmaceuticals' Kenya-based subsidiary has reported an operating profit for the first time, less than two years after starting commercial production. The unit posted an operating profit of Tk10.20 crore and a net profit of Tk10.21 crore for the year ended June 30, 2025, driven by a 172% year-on-year surge in sales to Tk74.47 crore.
• PL Capital has upgraded Mahindra Finance to an 'Accumulate' rating from 'Hold'.
• JM Financial has highlighted a trend of broad-based promoter selling and thin buying observed in Q2FY26.

Mint

• Key market triggers for the Indian stock market include WPI inflation and ongoing developments regarding the India-US trade deal.
• The Railways have implemented cost-cutting measures, reportedly in connection with the 8th pay commission.
• SBI has revised its term deposit rates and reduced lending rates.
• Details regarding the ICICI Pru AMC IPO versus KSH International IPO, including Grey Market Premium (GMP) and expert signals, are being closely watched by investors.

TAGS: Headlines, Business News, Economic Times, Business Standard, Mint, Top News

Tags: Headlines Business News Economic Times Business Standard Mint Top News

← Back to All News

View All Articles