- Coforge to acquire California-based Encora in a $2.35 billion all-stock deal, board gives nod for $550 million QIP December 26, 2025Coforge's Board approved the acquisition of Encora for $2.35 billion, issuing 93.8 million shares. The merger will create a $2.5 billion entity focused on AI, cloud, and data services, projecting $2 billion in revenue by FY27.
- Tata Steel slapped with €1.4 billion class action lawsuit in the Netherlands for environment, health-related damages December 26, 2025A non-profit claims emissions have harmed public health and property values. Tata Steel denies the allegations and plans to defend itself legally while emphasizing its commitment to environmental protection.
- Star label changes, tax relief to chart course for AC prices December 26, 2025As India prepares for stricter energy efficiency norms in 2026, air conditioner prices are expected to rise. However, GST reductions may offset these increases. Market forecasts indicate potential short-term demand revival and a 10-15% decline in AC volumes for FY2026.
- Larry Ellison, Not Elon Musk, Was The Tech Titan Who Defined 2025 December 26, 2025When the year began, a billionaire with close ties to the White House was a lock for the most newsworthy tech titan of 2025. But 12 chaotic months later, Larry Ellison, not Elon Musk, can justifiably lay claim to the title.
- Mint Explainer | Why Vodafone Idea’s AGR relief won’t solve its survival challenge December 26, 2025Even if the government halves AGR dues, spectrum debt, low Arpu, and funding needs mean the telecom operator’s long-term viability remains uncertain.
- India slaps anti-dumping duty on two chinese products December 26, 2025India has levied anti-dumping duties on two Chinese imports, a refrigerant gas and specific steel products. These measures aim to shield domestic manufacturers from below-normal priced goods. Additionally, duties are now in place for a plastic filler masterbatch from Vietnam.
- India's forex reserves rise by $4.36 billion to $693.32 billion as of December 19 December 26, 2025India's foreign exchange reserves surged by $4.36 billion to reach $693.32 billion for the week ending December 19. The Reserve Bank of India regularly monitors the forex market and intervenes to ensure stable trading conditions, aiming to curb excessive rupee volatility without targeting a specific exchange rate.
- Centre warns IAS officers: file property returns on time or risk action, promotion block December 26, 2025Indian Administrative Service officers must now file their property details by January 31 annually. Failure to comply will result in disciplinary action and can halt promotions. The online filing system, SPARROW, will automatically close after the deadline. Secretaries and Chief Secretaries are instructed to ensure all officers submit their Immovable Propert […]
- RRTS can transform urban mobility, act as catalyst for decentralised economic growth: Knight Frank December 26, 2025India's new Regional Rapid Transit System promises to change how people travel and boost economies. The Delhi-Ghaziabad-Meerut corridor will cut travel time significantly. Experts believe this system is more than just transport; it's a growth catalyst. Its success depends on planning, land use, and investment. Affordable housing near stations is al […]
- UPI spikes in India, but some states are still in the slow lane December 26, 2025While UPI transaction volumes appear massive nationwide, per-capita data reveals a significant digital divide. Southern and western states show much deeper UPI adoption and usage compared to eastern and northeastern regions. Closing this gap requires improved infrastructure and merchant onboarding in lagging states.
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