Websol Energy System Ltd. has signed a Memorandum of Understanding (MoU) with Linton Crystal Technologies to explore the establishment of photovoltaic ingot and wafer production capabilities in India. The move signals Websol’s intent to expand beyond its existing solar cell and module portfolio and strengthen its position in…
India’s Unified Payments Interface (UPI) continued its strong momentum in November, recording 20.47 billion transactions during the month. While transaction volume saw a marginal 1% decline compared to October, this dip is attributed to elevated festive-season spending in the previous month. Despite the slight month-on-month adjustment, the platform…
India’s digital ecosystem continues to expand at a strong pace, with Aadhaar authentication volumes reaching 231 crore transactions in November 2025. According to data released by the Unique Identification Authority of India (UIDAI), this represents an 8.5% year-on-year increase, reaffirming Aadhaar’s growing role in digital governance, financial access,…
Yes Bank and Union Bank of India are set to become part of the Nifty Bank index at the end of December 2025, following changes aligned with the revised weightage framework issued by the Securities and Exchange Board of India (SEBI). The move marks a significant reshuffle within…
The Defence Research and Development Organisation (DRDO) has recorded a significant advancement in India’s aerospace defence capabilities by successfully completing a high-speed rocket-sled test of a fighter aircraft emergency escape system. The controlled-velocity test was conducted at the Rail Track Rocket Sled (RTRS) facility of the Terminal Ballistics…
Mahindra Lifespace Developers Ltd. has strengthened its presence in Mumbai’s premium real estate market after being selected as the preferred developer for a large-scale residential redevelopment project in Matunga. The project, spread across approximately 1.53 acres, carries an estimated gross development value of ₹1,010 crore. Positioned in one…
Sun Pharmaceutical Industries Ltd. has announced a major expansion move, with its wholly-owned subsidiary Sun Pharma Laboratories receiving board approval for a ₹3,000 crore investment to establish a new greenfield formulations manufacturing plant in Madhya Pradesh. The update was confirmed through a regulatory filing on Monday, highlighting the…
The Reserve Bank of India (RBI) has once again identified State Bank of India (SBI), HDFC Bank, and ICICI Bank as Domestic Systemically Important Banks (D-SIBs), according to an announcement made on December 2. The designation underscores the critical role these institutions play in the country’s financial stability…
Bansal WireReceived a demand order of ₹202 crore (including interest & penalty) from the Ghaziabad Tax Department relating to blocked/excess input tax credit. Bikaji FoodsSubscribed to 25,000 additional common stocks worth $250,000 of its U.S. arm, Bikaji USA. IRFCSigned an agreement with Sumitomo Mitsui Banking Corp to raise…
December 3, 2025
Market View 03rd December, 2025
View on market: Volatility persists, eagerly searching for growth: Global markets showed a mild positive tone during Asian trading hours, with futures in the United States and Europe moving slightly higher. Asian shares held within narrow ranges, reflecting a cautious mood similar to that seen on Wall Street.…