IndiGo files a trademark suit against Mahindra Electric over the use of '6E' in its upcoming BE 6E electric car, citing brand dilution and potential consumer confusion

Mahindra

Stocks to Watch, Dec 3: From Adani Group to Cipla here are few stocks that will be eyed today

Market, BSE, NSE, NIfty, Stock Market, investment

Stock Market LIVE: Overnight in the US, Wall Street's major indices, Nasdaq and S&P 500, closed at record highs on Monday, boosted by tech-related shares following strong November gains

Indian markets

Registration of properties in Mumbai municipal region rose 5 per cent to over 10,200 units during November on better housing demand, according to Knight Frank India.
As many as 9,736 units were registered during November 2023.
In a statement on Saturday, real estate consultant Knight Frank India said that Mumbai city, under the jurisdiction of the Brihanmumbai Municipal Corporation (BMC), recorded 10,216 property registrations in November 2024.
The data is as of 8 pm on Saturday. The number might increase slightly.
Registration of properties declined in November compared to 12,960 units registered in October.
Knight Frank India CMD Shishir Baijal said the sequential dip following the festive-driven surge in October reflects a natural phase of market consolidation.
"Significantly, the increasing demand for premium properties and larger living spaces underscores a decisive shift towards quality, value, and long-term investment in Mumbai's ever-dynamic real estate landscape," he add

Homes, Property, residential building

Adani acknowledged the scrutiny faced by his group in recent years, citing challenges such as the coal mine resistance in Australia and allegations of compliance issues in the US

Gautam Adani, Adani

As per the CBI release, the accused were arrested for demanding and accepting a bribe of Rs 4,000 from the complainant which is allegedly part of demanded bribe amount of Rs 10,000

CBI, Central Bureau of Investigation

Foreign direct investment in India rose by 45 per cent year-on-year to USD 29.79 billion in April-September this fiscal on healthy inflows in services, computer, telecom and pharma sectors, according to government data.
FDI inflows were at USD 20.5 billion in April-September 2023-24.
In the July-September quarter, the inflows grew by about 43 per cent year-on-year to USD 13.6 billion against USD 9.52 billion in the same quarter last fiscal.
The foreign direct investment in India was up 47.8 per cent to USD 16.17 billion in the April-June quarter.
Total FDI, which includes equity inflows, reinvested earnings and other capital, grew by 28 per cent to USD 42.1 billion during the first half of this fiscal from USD 33.12 billion in April-September 2023-24, the Department for Promotion of Industry and Internal Trade (DPIIT) data showed.
During the April-September period this financial year, FDI equity inflows rose from major countries, including Mauritius (USD 5.34 billion against USD 2

dollars

In October, UPI recorded 16.58 billion transactions worth Rs 23.5 trillion-the highest since the digital payment system became operational in April 2016

Global investment firm Carlyle Group through its arm divested a 4.3 per cent stake in healthcare tech firm Indegene for Rs 636 crore through an open market transaction.
According to the bulk deal data available on the National Stock Exchange (NSE), CA Dawn Investments, an affiliate of US-based Carlyle, sold 1,02,63,785 shares amounting to a 4.3 per cent stake in Indegene.
The shares were offloaded at an average price of Rs 619.82 apiece, taking the transaction value to Rs 636.17 crore.
After the latest transaction, Carlyle's holding in Indegene has come down to 10.22 per cent from 14.52 per cent.
Details of the buyers of Indegene's shares could not be ascertained on the NSE.
Shares of Indegene plunged 6.06 per cent to close at Rs 627 apiece on the NSE.
In two separate deals on the NSE and BSE, financial services company Capital Group on Tuesday trimmed its holding by selling a 2.24 per cent stake in Medi Assist Healthcare Services for nearly Rs 93 crore through open market ...

Divestment, privatisation, stake sale, disinvestment

The Centre on Tuesday released the first instalment of Rs 1,050 crore of its Rs 2,100 crore grant for the upcoming Maha Kumbh, Uttar Pradesh Chief Minister Yogi Adityanath said and extended gratitude to Prime Minister Narendra Modi.
Adityanath said that under the successful guidance of Prime Minister Modi, the "double-engine" government is determined to make the world's largest cultural and spiritual gathering 'Prayagraj Mahakumbh-2025' divine and grand.
"In this series, a special grant assistance of Rs 2,100 crore was approved by the Central government, out of which the first instalment of Rs 1,050 crore has been released today. This support from the Central government will help in realizing a clean, safe and well-organized Mahakumbh for the devotees," he said in a post on X.
"Heartfelt gratitude to the Prime Minister for this gift which is helpful in realizing the concept of divine-grand-digital Mahakumbh," he added.
Organised after a gap of every 12 years, the Maha Kumbh will be

Yogi Adityanath, yogi, UP CM

Andhra Pradesh is also the only coastal state that has not received any funds under the scheme over the past five years

zombie deer disease

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Carlyle group sells 4.3% stake in Indegene for Rs 636 crore via bulk deal

Centre releases 1st instalment of Rs 1,050 cr for Maha Kumbh: CM Adityanath

Rs 38 crore disbursed for development of wildlife habitats in FY24

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