Day

December 20, 2025
ICICI Securities sees Nifty heading towards 29,500 by 2026 and has named Bank of India, Marico, Ultratech Cement, TCS and Sun Pharma as its top five stock picks with upside potential of up to 26% over the next year.
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Japan’s MUFG Bank will invest ₹39,620 crore for a 20% stake in Shriram Finance. This is India’s biggest foreign investment in financial services. The deal will strengthen Shriram Finance’s capital and accelerate its growth. MUFG will appoint two directors to Shriram Finance’s board. This partnership aims to leverage global expertise with local strength.
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Brookfield India Real Estate Trust has secured ₹2,000 crore from its first sustainability-linked bonds. The International Finance Corporation acted as an anchor investor. This marks another significant fundraising effort for the REIT. These funds will support future growth and expansion plans. Indian REITs are increasingly using bonds for financing acquisitions and diversification.
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ICICI Prudential Asset Management made its stock market debut on Friday. The company’s shares listed at a significant premium. This listing propelled ICICI Prudential AMC to become the most valuable asset manager in India. Its market capitalization surpassed that of HDFC AMC. Analysts suggest a medium to long-term view for investors who received allotments.
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The East Bay experienced a series of six earthquakes on Friday evening. The tremors were centered near San Ramon. The strongest quake registered a magnitude of 4.0. Smaller quakes followed, with magnitudes of 3.8, 3.1, and 2.9. Residents in several communities felt the shaking. Transit services faced minor delays. No significant damage or injuries were...
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Inox Green Energy Services is set to acquire Vibrant Energy, an Indian renewable energy platform. The deal values Vibrant Energy at around $200 million. This acquisition will significantly expand Inox Green’s presence in India’s growing renewable energy sector. Vibrant Energy manages a substantial renewable portfolio and has a strong client base, including Amazon.
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The Securities Appellate Tribunal granted interim relief to Avadhut Sathe Training Academy, allowing operations to continue and permitting limited fund access, while staying Sebi’s ex-parte order until the next hearing in January 2026.
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Infosys ADR Stock: The New York Stock Exchange (NYSE) has stopped halted the trading of Infosys’ American Depository Receipts (ADRs) after it surged 40% to $26.62 on Friday, according to a CNBC-TV18 report.
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In retaliation for a deadly ambush that killed two US soldiers and a civilian interpreter, the United States launched extensive air and ground strikes against Islamic State targets across central Syria. US Central Command described the operation, dubbed “Operation Hawkeye Strike,” as a massive assault involving over 100 precision-guided munitions, directly responding to the attack...
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