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RBI accords prior approval for acquisition of up to 9.99% stake in Suryoday Small Finance Bank

Mumbai, Dec. 11 -- Suryoday Small Finance Bank announced that the Reserve Bank of India has vide letter dated 10 December 2025, accorded its prior approval to 1729 Capital and its associates (collecti... Read More


MSME Ministry Launches Export Promotion Mission with Rs 25,060 Cr Outlay to Boost MSME Global Reach

Mumbai, Dec. 11 -- Ministry of Micro, Small and Medium Enterprises (MSME) is implementing "International Cooperation Scheme" to provide financial assistance to facilitate visits/participation of MSMEs... Read More


Sensex settles 427 pts higher; Nifty ends near 25,900 level; VIX slides 4.69%

Mumbai, Dec. 11 -- The domestic equity benchmarks ended with decent gains today, snapping a three-day losing streak as sentiment improved following the US Federal Reserve's 25-basis-point rate cut, wh... Read More


Market Speaks: Global oil demand set to rise 830 kb/d in 2025, IEA Says

Mumbai, Dec. 11 -- The IEA's latest monthly report projects global oil demand to increase by 830 kb/d in 2025, supported by an improving macroeconomic and trade outlook. Demand growth this year is led... Read More


IIFL Finance approves NCD issuance up to Rs 100 cr

Mumbai, Dec. 11 -- IIFL Finance has approved the issuance of Senior, Unsecured, Listed, Rated, Redeemable Non Convertible Debentures - Series D34 of up to Rs 100 crore (10,000 NCDs of face value of Rs... Read More


Board of Ashiana Housing approves NCD issuance of up to Rs 50 cr

Mumbai, Dec. 11 -- The board of Ashiana Housing at its meeting held on 11 December 2025 has approved the issue of Non-Convertible Debentures/ Bonds (Unsecured) upto Rs 50 crore on private placement ba... Read More


Commodities Buzz: US Crude oil imports fall 7.7% on year in last four weeks, says EIA

Mumbai, Dec. 11 -- The US crude oil refinery inputs averaged 16.9 million barrels per day during the week ending December 5, 2025, which was 17 thousand barrels per day less than the previous week's a... Read More


S&P Global Ratings recognizes Biocon Biologics' accelerated debt reduction

Mumbai, Dec. 11 -- Biocon Biologics announced that S&P Global Ratings has recognized the Company's accelerated progress in debt reduction by assigning a Positive outlook to its credit rating. On 10 De... Read More


Abakkus Flexi Cap Fund opens for subscription

Mumbai, Dec. 11 -- Abakkus Mutual Fund has rolled out its maiden equity offering, opening subscriptions for the Abakkus Flexi Cap Fund. The new fund offer began on December 8 and will remain open unti... Read More


Alembic receives USFDA approval for Loteprednol Etabonate and Tobramycin Ophthalmic Suspension 0.5%/0.3%

Mumbai, Dec. 11 -- Alembic Pharmaceuticals (Alembic) today announced that it has received final approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) ... Read More