JSW Cement finally has received approval from the SEBI to go ahead with its Rs 4,000-crore IPO plans, but Rahee Infratech has announced withdrawal of its draft papers last week. The capital markets regulator has issued observation letter on draft papers of JSW Cement on January 6, as per the latest processing status of draft offer documents published on Monday.

IT major HCL Technologies (HCL Tech) reported a marginal increase in attrition rate to 13.2 per cent for the quarter ended December 2024. The attrition figure stood at 12.8 per cent in the same quarter last year and at 12.9 per cent in the preceding quarter of the current financial year 2024-25 (FY25).

India’s inflation declined to a four-month low of 5.22 percent in December as compared to 5.48 percent in the previous month. December, however, marks the fourth consecutive month of over 5 percent inflation. India’s food inflation eased below 9 percent for the first time in four months falling to 8.4 percent in December compared with 9 percent in the previous month.

As the Maha Kumbh Mela, the world's largest religious congregation, commenced on Monday (January 13) in Prayagraj, Uttar Pradesh, historical market patterns suggest that the Indian equity market benchmark, BSE Sensex, might be gearing up for a dip during the mega festival season. Over the last 20 years, an intriguing pattern has emerged in market behavior during and after the Kumbh Mela.

The Rajasthan mining department will re-auction plots of owners who fail to upload Form-2 on the Parivesh Portal by January 27 to obtain environmental clearance, with around 2,000 mines up for auction in various regions, creating employment opportunities for over 1,00,000 people. Plots for which no application for EC is submitted will be re-auctioned.

India's economic growth is not directly linked to longer work hours, but rather to productive hours, according to economists, who argue that quality of work matters more than quantity. Despite laws regulating work hours, India's informal sector and low productivity hinder growth, and suggestions for 90-hour work weeks may lead to burnout and lower productivity.

BMW reports a 4% decline in 2024 sales volume, outperforming rivals Mercedes-Benz and Audi, with a 2.3% drop in core brand sales, despite challenges in China and Germany and a braking system issue. Its battery-electric sales volume was up 13.5% to around 430,000 vehicles, compared to an 8% drop at Audi and 23% drop at Mercedes-Benz.

Alwar district administration begins shutting down unauthorized hotels, resorts, mining operations, and commercial activities within the Sariska Tiger Reserve, following orders from the Central Empowered Committee and National Green Tribunal, to protect the tiger reserve's core area and conservation efforts.

Adani Energy Solutions secured two major projects during the quarter: The Khavda Phase IV Part-D, valued at ₹3,455 crore, and Rajasthan Phase III Part-I (Bhadla–Fatehpur HVDC), with a preliminary project cost of approximately ₹25,000 crore. Shares of Adani Energy Solutions Ltd ended at ₹688.45, down by ₹41.20, or 5.65%, on the BSE.

Standard Chartered establishes a Luxembourg entity to serve as a regulatory gateway to the EU for crypto and digital asset custody services, aligning with the EU's MiCA regulation, and appoints Laurent Marochini as CEO, underscoring its commitment to expanding its digital asset portfolio to meet growing client demand.

Metal stocks recorded massive losses on January 13 after strong US jobs data raised concerns over a delayed rate cut by the US Federal Reserve. The sectoral benchmark index Nifty Metal dropped around 4% or 312 points to close at 7,951.The US Labor Department released its employment report on Friday, which showed an unexpected rise in US jobs in December.

Nuvama initiated coverage on Apar Industries with a 'buy' rating and a target price of Rs 12,700, projecting a 25.5% upside. The firm highlights APAR's role in India's T&D capex, strong presence in high-growth sectors, and leadership in conductors, cables, and oils. Despite challenges like global shocks and competition, APAR's market position remains robust.

State-run telecom product maker ITI Ltd on Monday said it has won contracts totalling ₹64 crore, including a ₹35-crore order from Sambalpur University, Odisha and a ₹29.14-crore order from Central Railway, Mumbai. The Sambalpur University project involves establishing campus-wide Wi-Fi and LAN across 80 locations, with supply, installation, and commissioning, along with three years of maintenance.

Capital Infra Trust InvIT IPO listing date has been scheduled for tomorrow (Tuesday, January 14). Capital Infra Trust InvIT IPO allotment was finalised on Friday, January 10. For those who have been allocated shares, the crediting of shares to demat accounts will occur today, Monday, January 13. The process of refunding those who have not yet received their shares will likewise be finished today.

The IPO of Quadrant Future Tek will see its shares debut on the Indian stock exchanges on Tuesday, January 14. Ahead of the listing, the company’s shares are commanding a healthy GMP of ₹140, as per the market sources. Considering the IPO's upper price band of ₹290 and the current grey market premium, the estimated listing price of Quadrant Future Tek stands at ₹430 apiece.