Pakistan received a licence to build its largest nuclear power plant, Chashma Nuclear Power Plant Unit 5, with a capacity of 1200 MWe. This plant will use an advanced Pressurised Water Reactor design and is expected to have a lifespan of 60 years. The project will cost USD 3.7 billion and will contribute significantly to Pakistan's electricity generation.
Gem Aromatics and Ajay Poly have filed DRHPs for IPOs, with Gem Aromatics raising up to Rs 175 crore and Ajay Poly up to Rs 238 crore. Proceeds will be used for debt repayment, capital expenditure, and general purposes.
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Yashasvi Jaiswal’s controversial dismissal during India’s chase in the Border-Gavaskar Trophy 2024-25 has sparked heated debates. Despite Snicko showing no edge, the third umpire declared him out, citing a glove deflection. Fans, BCCI Vice President Rajeev Shukla, and experts have criticised the decision, raising questions about the reliability of technology in cricket. Jaiswal’s dismissal at 84 ended a resilient innings during a tense match at the Melbourne Cricket Ground (MCG), with India chasing 340 runs.
Shiv Sena (UBT) spokesperson Anand Dubey hinted that the party might contest the Mumbai local body polls alone. This decision is being considered based on suggestions from party workers. Sanjay Raut had previously hinted at the same. NCP leaders expressed readiness to contest the elections solo if Shiv Sena (UBT) decides to go alone.
Promoters held 0.0 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 21.55 per cent and 10.61 per cent, respectively.
Since its inception, the Axis ELSS Tax Saver Fund has delivered a return of 16.06%. Over the last 10 years, it provided a 12.74% return, underperforming its benchmark, the NIFTY 500 - TRI, which returned 14.13%. In the past five years, the scheme posted a 13.50% return, compared to its benchmark’s 18.96%, indicating underperformance in both periods.
Australia scored 474 in the first innings, while India were all out for 369, conceding a handy lead to the hosts. In the second innings, Australia scored 234 and India's innings folded for 155.
The Indian Navy is set to enhance its maritime capabilities with the induction of two advanced warships, INS Surat and INS Nilgiri, along with the submarine INS Vagsheer. These state-of-the-art platforms, designed for diverse combat roles, will reinforce India’s presence in the Indian Ocean Region (IOR). Amid escalating challenges from China’s expanding naval footprint, India continues to focus on indigenous shipbuilding, with 60 vessels currently under construction to modernise its fleet and maintain strategic dominance.
On the technical charts, the RSI of the stock stood at 33.45.
Technological advancements in cancer care offer immense investment potential in India, particularly in early detection and preventive solutions. Companies like Previu Health aim to transform diagnostics with their multi-cancer detection technology while expanding access and affordability nationwide, making healthcare investments both profitable and impactful.
The US is embroiled in a controversy around the H-1B visa. It is a non-immigrant visa in the US that allows the country's employers to temporarily employ foreign workers in specialty occupations. Right-wing critics argue that the H-1B program is vulnerable to abuse, with some employers using it to hire cheaper foreign labour instead of American workers.
A total of 42,703 shares changed hands on the counter till 11:47AM (IST)
In 2025, the Chinese lunar year starts on January 29, ruled by the ‘Wood Snake’. This year focuses on growth, resilience, and long-term planning. Certain zodiac signs such as Dragon, Snake, Horse, Goat, and Monkey will experience unique opportunities in health, wealth, and career. It is an important period for personal and professional development.
Indian cricket fans were upset after Yashasvi Jaiswal was controversially given out during a crucial match in the Border-Gavaskar Trophy 2024-25. Despite the Snicko technology showing no clear edge, the third umpire reversed the on-field umpire’s decision. This incident sparked outrage and frustration among fans who questioned the integrity of the call.
The stock traded at a P/E multiple of 5.73, while the price-to-book value ratio stood at 1.27.
UltraTech Cement, India's largest cement producer, approved a plan on Friday to acquire up to 3.70 crore equity shares of Star Cement at a maximum price of Rs 235 per share in an all-cash transaction.
A total of 152,275 shares changed hands on the counter till 11:37AM (IST)
Indo Farm Equipment's IPO opens December 31 with a grey market premium of 35%. The offer includes 86 lakh fresh shares and 35 lakh shares for sale, with funds raised for debt repayment and capital investment.
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Allu Arjun is set to appear in a Hyderabad court today regarding the Sandhya theatre stampede that resulted in a woman's death and injuries to her child. The actor was previously arrested and released on bail. Financial support of Rs 2 crores has been announced for the victim's family.
Kothari Products announced a 1:1 bonus share issue, causing a 7.4% stock rise to Rs 209.70. The issuance will be financed from free reserves, increasing authorized capital to Rs 61.50 crore. Shares surged 58.55% YoY.
