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Biocon arm secures global rights for Hulio from Fujifilm Kyowa Kirin Biologics Co

Mumbai, Dec. 23 -- According to an exchange filing, under this new agreement, Biocon Biologics will assume end-to-end responsibility for manufacturing and commercialization along with rights for any a... Read More


GMR Power rises after subsidiary refinances Rs 2,700 crore debt

Mumbai, Dec. 23 -- GMR Power and Urban Infra said GMR Kamalanga Energy (GKEL) has refinanced its outstanding debt of Rs 2,700 crore through a senior loan facility of the same amount. The refinancing e... Read More


India's financial stability parameters remained robust, says RBI Governor

Mumbai, Dec. 23 -- The RBI Governor, Sanjay Malhotra, in his statement published in the monthly Bulletin for December 2025 talked about the financial stability of the country being robust. The system... Read More


RITES gains after winning $35.2 mn international locomotive contract

Mumbai, Dec. 23 -- The contract is expected to be executed over 18 months. The order has been awarded by an international entity, with no involvement of promoters or group companies in the contracting... Read More


Sunita Tools climbs after MoU with Middle East partner for defence order facilitation

Mumbai, Dec. 23 -- The MoU is aimed at facilitating paperwork and execution-related formalities for a proposed M107 defence order from a Middle Eastern customer. Under the arrangement, the partner co... Read More


INR softens marginally, firm local equities can cap losses

Mumbai, Dec. 23 -- Indian Rupee eased a bit after hitting one and half week high against the US dollar as overall undertone remained choppy ahead of the year-end. However, the US dollar index has slum... Read More


Volumes soar at Thermax Ltd counter

Mumbai, Dec. 23 -- Ambuja Cements Ltd, Rites Ltd, Alok Industries Ltd, Jupiter Wagons Ltd are among the other stocks to see a surge in volumes on BSE today, 23 December 2025.Thermax Ltd recorded volum... Read More


Fiscal position of Centre and States remained resilient in first half of FY26

Mumbai, Dec. 23 -- The fiscal position of the Centre and States remained resilient during H1:2025-26. Their receipts were broadly in line with trends observed during H1: 2024-25. Both the Centre and ... Read More


Strong domestic demand helping economic growth stay robust, says RBI

Mumbai, Dec. 23 -- Reserve Bank of India (RBI) has stated in its latest monthly update that the Indian economy, supported by resilient domestic demand, grew at its fastest pace in the last six quarter... Read More


Indian economy was not fully immune to global headwinds but coordinated policies built resilience; says RBI Bulletin

Mumbai, Dec. 23 -- The RBI released its monthly bulletin for December 2025. The RBI mentioned that global uncertainty retreated further from its highly elevated levels. Major equity markets experience... Read More