Purbalee Dutta

Billionaire Gautam Adani is consolidating his cement businesses into a single structure to streamline operations and better compete with market leader UltraTech Cement in India’s fast-consolidating infrastructure sector. Ambuja Cements’ board has cleared the merger of ACC Ltd. and Orient Cement Ltd. into Adani Cements, according to a stock exchange filing dated December 22, 2025. The move creates a unified “One Cement” platform, addressing overlaps that remained after Adani Group acquired Holcim’s India operations in 2022. The consolidation also brings Sanghi Industries and Penna Cement—both recent acquisitions—under the same umbrella. Following the merger, Adani Group’s holding in Ambuja Cements will…

The Indian stock market saw strong buying interest on Friday, December 19, despite the Bank of Japan (BoJ) raising interest rates and hinting at further hikes. The Sensex surged nearly 600 points, reaching an intraday high of 85,067, while the Nifty reclaimed 25,991. Broad-based gains were seen across sectors, with the BSE Midcap and Smallcap indices rising by over 0.5%. This buying momentum increased the overall market capitalization of BSE-listed firms to ₹470 lakh crore, up from ₹466 lakh crore in the previous session, adding ₹4 lakh crore in value. Several factors contributed to the market's rise: Stable Rupee –…

Corona Remedies is scheduled to make its stock market debut on Monday, December 15, 2025, with grey market trends pointing to a strong listing. The IPO attracted robust investor interest during its three-day subscription window, closing with an overall subscription of 137.04 times the shares available. Based in Gujarat, the pharmaceutical company focuses on developing and manufacturing products across key therapeutic segments such as women’s healthcare and cardio-diabetes. Ahead of the listing, market sentiment remains upbeat. As of Sunday, December 14, the grey market premium for the Corona Remedies IPO stood at ₹295 per share. With the upper issue price…

IndiGo’s large-scale flight cancellations last week have pushed travel insurance into the spotlight, as insurers report a noticeable rise in demand. Thousands of passengers were stranded nationwide after the airline failed to adjust its crew schedules to new fatigue-management norms, leading to ruined holidays, missed family events and disrupted medical appointments. Vivek Chaturvedi, CMO of Go Digit General Insurance, said uncertainty usually prompts travellers—who often ignore insurance—to reconsider. Events like mass cancellations, severe weather or peak-season delays encourage people to seek protection against unexpected disruptions. Industry experts note that only 7–8 out of every 100 domestic or international travellers currently…