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Moglix-Owned Credlix Acquires Majority Stake In NBFC Vanik Finance

India, Dec. 4 -- Credlix, the supply chain financing arm of B2B ecommerce unicorn Moglix has acquired a majority stake in Delhi-based NBFC Vanik Finance for around INR 80 Cr (about $8.9 Mn). "Vanik F... Read More


Russia Ukraine War Day 1378: NATO's €149B Proxy War Fails as Putin Rejects Endless Funding

New Delhi, Dec. 4 -- NATO's €149B Arms Flood Backfires: Putin Rejects Endless Proxy Funding as Pokrovsk Falls & Black Sea Burns on Day 1378. The diplomatic hopes for ending the Russia Ukraine c... Read More


Europe Severs Energy Ties with Russia: Historic Deal to Ban All Gas Imports by 2027

New Delhi, Dec. 4 -- European Council and Parliament reach unprecedented agreement on phased prohibition of Russian natural gas, marking decisive end to continent's decades-long energy dependence on M... Read More


Russia Ukraine War Day 1376: Escalating Strikes and High Casualties Amid Diplomatic Efforts

New Delhi, Dec. 4 -- Russian missile and drone attacks cause rising civilian casualties in Ukraine while peace talks proceed amidst ongoing conflict and territorial disputes. On the 1376th day of the... Read More


Airbus Shares Plunge 10% as New Manufacturing Defect Grounds A320 Deliveries

New Delhi, Dec. 4 -- European aerospace giant faces dual crisis with fuselage panel contamination affecting dozens of jets, compounding recent software recall that disrupted global air travel during p... Read More


ICICI Prudential Mutual Fund raises stake in LIC Housing Finance to 5.22%

New Delhi, Dec. 4 -- ICICI Prudential Mutual Fund, under its various schemes, has bought additional shares of LIC Housing Finance, raising its stake in the company to more than 5%. In a regulatory fil... Read More


Ola Electric Crashes Another 5%, Down 58% Year To Date

India, Dec. 4 -- Shares of EV major Ola Electric extended their downward trend and were locked in at the 5% lower circuit at INR 36.12 on the BSE today. The stock was trading in the red for the fifth... Read More


Dr. S. Jaishankar inaugurates India's World Annual Conclave 2025

New Delhi, Dec. 4 -- External Affairs Minister Dr. S. Jaishankar inaugurated the 'India's World' Annual Conclave 2025 in New Delhi, speaking on the theme 'The Mobility Imperative'. In his address, he ... Read More


Lotus Chocolate Company Ltd leads losers in 'B' group

Mumbai, Dec. 4 -- Vivid Mercantile Ltd, Hisar Metal Industries Ltd, DJ Mediaprint & Logistics Ltd and TGB Banquets & Hotels Ltd are among the other losers in the BSE's 'B' group today, 04 December 202... Read More


Lupin inks exclusive U.S. licensing deal with Valorum Biologics for biosimilar Armlupeg

Mumbai, Dec. 4 -- Under the terms of the agreement, Valorum will handle the commercialization and distribution of Armlupeg in the United States, while Lupin will be responsible for manufacturing and s... Read More