GTPL Hathway Ltd's shares surged 17% to Rs 158 ahead of its Q3 earnings report, despite a 61.8% decline in net profit in Q2. Revenue grew 9.8% year-on-year to Rs 856 crore, driven by expansion of its subscriber base to 9.5 million active subscribers. GTPL Hathway is set to launch its Headend in the Sky service in Q1 FY26, which is expected to drive future subscriber growth.

Kabeer Biswas, co-founder of Dunzo, will lead Flipkart Minutes as its head, bringing over a decade of experience in the quick commerce space to give Flipkart an edge over competitors. Biswas' departure from Dunzo, which he founded in 2014, comes amid the company's struggles in an increasingly competitive industry.

Driven by the growth of Zomato’s food delivery business and Blinkit’s GMV, domestic brokerage firm Kotak Institutional Equities has retained its ‘buy’ rating on the stock with a target price of Rs 305, as it expects the company to report a decent third quarter. This suggests an upside potential of 22.3% from the stock’s current levels.

Last month, an infrastructure investment trust sponsored by an alternative asset management arm of the Mumbai-based Edelweiss Group struck a deal to acquire its first asset since going public two years ago. The deal sealed by the Anzen India Energy Yield Plus Trust was significant for more reasons than one, adding a solar energy project to its portfolio, marking a significant transaction.

Praj Industries' shares rose ✅ 1.4% to Rs 811.4 after Kotak Institutional Equities initiated coverage with an "add" rating and a target price of Rs 880, implying an 8.5% upside, citing the company's strong positioning in the ethanol sector and growth prospects in bioenergy and international markets.

The Indian rupee opened at a new low on January 9 due to strong dollar demand but pared some of the losses on likely intervention by the Reserve Bank of India (RBI), currency experts said. At 11.15 am, the local currency was trading at 85.89 against the dollar after opening at 85.93, a new low. The rupee closed at 85.86 in the previous session.

Quadrant Future Tek's IPO has received an overwhelming response from investors, with retail investors subscribing 164.77 times and non-institutional investors 119.60 times, leading to an overall subscription of 62.85 times on the final day. Shares of Quadrant Future Tek are commanding a premium of Rs210 in the grey market.

Nomura upgrades Zydus Lifesciences' shares to "buy" from "hold" and raises its price target to ₹1,140, citing higher earnings estimates from the Sitagliptin 505b(2) drug. The brokerage sees an opportunity size of $100-150 million annually from the drug, despite competition in the US market. Nomura also notes benefits from a stronger US Dollar.

Global brokerage firm Nomura has downgraded its ratings on ACC, Shree Cement, and Nuvoco in its latest report stating that the Indian cement industry is experiencing significant headwinds over weak pricing power and sluggish demand growth. Nomura’s research note suggests that pan-India prices have remained flat in January 2025, with marginal improvements by Rs 60-70 in 3Q.

Indian markets witnessed a massive sell-off on Monday, ₹10 trillion is the amount of wealth that was lost on Monday this week as fear of the outbreak of a new virus i.e. Human Metapneumovirus (HMPV), gripped the market. There was a joke going rounds that while the first few patients were on their way to full recovery, the virus had sent the stock market to ICU.

Shares of Bajaj Auto were buzzing in trade, rising 2 percent on January 9 after brokerage firm CLSA upgraded it to an 'outperform' call from the previous 'underperform' rating. The upgrade stemmed from the recent correction in the stock combined with growth prospects of Bajaj Auto's electric two-wheeler business. CLSA has set a price target of Rs 9,493 for the stock, implying a 10% upside.

SRF Ltd and Navin Fluorine's share prices surged up to ✅13% on Thursday, driven by rising global refrigerant merchandise prices, expected to boost earnings for the specialty chemical manufacturers, following concerns of supply shortages for essential gases ✅ R32 and R125 from a major US distributor.

Kalyan Jewellers India Ltd. share prices continued to witness a decline, fifth day in a row. Currently, the trading price stands at Rs 686.35, a decline of 3.24% early on the day, January 9. Earlier, the company had released its Q3 FY25 updates on Tuesday, highlighting likeliness of its net revenue to grow by 39% with India business surge standing at 41 percent on festive and wedding demand.

Here is the summary, With a monthly income of Rs 20,000, getting a personal loan is possible, despite banks and NBFCs preferring higher salary brackets. Eligibility criteria include a credit score above 700, minimum work experience, and Indian nationality, with interest rates starting at 12% per annum.

Britain’s latest bond turmoil has drawn comparisons with the Liz Truss mini-budget debacle of 2022 but a parallel with the debt crisis of the 1970s might be more apt. That’s the analysis of former Bank of England rate-setter Martin Weale, who said the Labour government may have to resort to austerity to reassure markets that it will address the UK’s escalating debt burden.