- Larry Ellison net worth: How much does Oracle CTO earn amid buzz over $40 bn backing for son's Warner Bros bid? December 22, 2025Larry Ellison has pledged $40.4 billion to support Paramount and Skydance in their bid to acquire Warner Bros. assets, countering Netflix's offer. Following the news, Warner Bros. shares rose nearly 4% and Paramount's by about 3%. Take a look at Oracle co-founder's net worth.
- Adani Group's Ambuja Cements Board approves amalgamation of ACC and Orient Cement December 22, 2025Ambuja Cements has approved the merger of ACC and Orient Cement to create a unified cement platform. This aims to enhance efficiencies, streamline operations, and optimise costs.
- Agnikul eyes 100 launches per year for its reusable small rocket by 2030 December 22, 2025Chennai's Agnikul Cosmos seeks to launch 100 reusable rockets in five years, targeting profitability in two years. With $17 million in recent funding, the company is preparing for its first commercial launch and aims to differentiate itself in the small rocket sector.
- Spanish carrier Telefonica to slash 5,500 jobs at $2.9 billion cost in bid to bring down operational expenses December 22, 2025Employees affected are expected to exit beginning early next year, with Telefonica projecting a positive impact on cash generation from 2026 itself.
- Oracle's Larry Ellison guarantees $40.4 billion in equity financing for Paramount Skydance's Warner Bros bid December 22, 2025Larry Ellison has agreed to personally guarantee $40.4 billion in equity financing for Paramount Skydance's all-cash offer for Warner Bros Discovery. Warner Bros shares rose 2.5% and Paramount Skydance shares climbed 1.6% as competition for media assets intensifies.
- GST rationalisation, festival-related spending supported domestic demand during Oct-Nov: RBI bulletin December 22, 2025India's economy shows resilience. The Reserve Bank of India's bulletin highlights strong domestic demand in October and November. This boost came from GST rationalisation and festive season spending. Rural demand remains robust. Urban demand is also steadily recovering. High-frequency indicators suggest economic activity is holding up in the third […]
- CRDA approves over Rs 1,300 crore to develop layouts in Amaravati December 22, 2025The Capital Region Development Authority (CRDA) meeting, chaired by CM N Chandrababu Naidu, approved over Rs 1,300 crore for layout development and a Rs 444-crore flood pumping system. Decisions also included establishing a quantum computing research center and enhancing facilities for AIS officers, alongside plans for an advanced cultural center reflecting […]
- India’s core sectors grow 1.8% in November; cement, steel, fertiliser and coal post gains December 22, 2025India's eight core infrastructure sectors grew by 1.8% in November 2025, driven by strong performances in cement, steel, fertilizers, and coal production. This marks a rebound from the previous month's contraction. Cumulatively, the core sector expanded by 2.4% from April to November 2025-26.
- Aadhaar, digital payments cut India's welfare leakage by 13%: BCG Report December 22, 2025India has significantly cut welfare system leakage by almost 13 percent. This achievement stems from major digital payment reforms. The country now leads globally in public welfare integrity. Technology adoption ensures aid reaches intended beneficiaries effectively. This success offers a model for other nations to enhance public spending and citizen access […]
- India in advance stage of negotiations for trade pact with US: Piyush Goyal December 22, 2025India is in advanced trade agreement talks with the US, aiming to boost bilateral trade to $500 billion by 2030. Discussions are crucial for resolving US tariffs on Indian goods and include US demands for concessions on agricultural and industrial products, while India prioritizes protecting its farmers and MSMEs.
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