Day

December 5, 2025
Tenneco Clean Air India reported a 10% YoY profit rise to ₹150 crore and nearly 10% revenue growth in its first post-listing quarter. EBITDA margins stayed strong, while a ₹9,840-crore lifetime order book boosted long-term visibility despite sequential profit moderation.
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Indian government bonds rallied on Friday after a policy interest rate cut and liquidity infusion measures, even as the 10-year benchmark note ended flat on profit taking and supply.
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The rupee closed little changed on Friday after the Reserve Bank of India cut policy rates, logging a quiet close to a week which saw the currency fall below 90 per dollar for the first time on worries about dwindling dollar inflows into the economy.
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Gaja Alternative Asset Management Ltd, which operates under the brand Gaja Capital, has filed updated draft papers with markets regulator Sebi to raise a little over Rs 656 crore through an initial public offering (IPO).
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Real estate industry bodies CREDAI and NAREDCO on Friday said RBI’s move to cut repo rate by 25 basis points would lead to reduction in interest rates on home loans and boost housing demand.
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Britain’s housing market slowed in November in both annual and monthly terms in the run-up to the government’s budget, figures from mortgage lender Halifax showed on Friday.
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A Cloudflare outage disrupted trading platforms including Zerodha, Groww and Angel One. Nithin Kamath apologised and highlighted risks of dependence on single infrastructure. Zerodha activated its independent WhatsApp-based Kite Backup system to help users exit positions during the downtime.
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Fitch Ratings’ Alex Muscatelli says India’s GDP growth will stay strong despite softening high-frequency indicators, prompting a forecast upgrade to 7.4% for FY26. He expects growth to ease gradually to 6.2% by FY28 as inflation normalises, but reforms, strong investment outlook and supportive monetary policy will keep India among the world’s fastest-growing economies.
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Markets extended gains after RBI’s 25 bps rate cut, with financials, autos leading the rally. SpiceJet surged on IndiGo disruptions, while Kaynes Tech slid on governance concerns despite management clarification.
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Domestic SIP inflows continue to rise sharply despite FII selling, says Prudent Corporate CMD Sanjay Shah. With the SIP book touching ₹1,100 crore, strong retail participation is sustaining markets. Shah discusses MF yields, NFO traction, SEBI’s upcoming TER changes, investor incentives from February 2026, and how IPO liquidity cycles back into capital markets.
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