Category: BUSINESS

Mumbai,Dec 11: Meesho shares, which made a powerful debut on the stock exchanges, pared most of their early opening gains on Wednesday. The stock had surged nearly 4% to touch ₹176.75 in the morning session but later cooled off to trade around ₹170.35, marking a marginal uptick of just 0.15% compared to the previous close. The moderation comes after heavy early profit-booking and cautious market sentiment following the company’s blockbuster listing.

Meesho had opened at a premium of nearly 46% over its IPO issue price of ₹111, with the stock listing at ₹162.50 on the NSE and ₹161.20 on the BSE. By the end of the first trading day, the shares had settled around ₹170.45, delivering over 50% returns to investors on debut. Analysts said the strong demand reflects investor confidence in the company’s growth potential, though they warned that near-term volatility may persist as the newly listed stock stabilizes at a sustainable valuation level.

New Delhi,Dec 11 : Global brokerage firm Jefferies has projected that India’s recent underperformance against other emerging markets is set to reverse in the coming months. In its latest outlook report, Jefferies noted that strong domestic macro indicators, robust corporate earnings, and rising foreign investor confidence place India in a favourable position compared to its peers. The firm added that sectoral leadership from banks, infrastructure, and consumption-driven industries is expected to drive the next phase of market strength.

Analysts at Jefferies also highlighted that India’s economic resilience, supported by steady GDP growth and controlled inflation levels, gives it a unique edge at a time when several emerging markets face geopolitical and financial stress. The report further emphasized that long-term structural reforms and rising retail participation could accelerate capital inflows into Indian equities. Investors, the firm said, should prepare for a potential re-rating as global sentiments shift in favour of India.

Visakhapatnam/Dec 11 : The medical-technology ecosystem in Andhra Pradesh received a major boost as Medi Mold and OIC International announced a joint venture to set up a ₹100-crore facility for 3D-printed orthopaedic implants in Visakhapatnam. The unit will focus on producing high-precision implants that match global quality standards, significantly reducing India’s reliance on imported medical devices. Officials said the investment will strengthen the state’s reputation as an emerging hub for advanced healthcare manufacturing.

The new unit is expected to generate employment for skilled technicians, engineers, and medical professionals. Industry experts noted that the project could pave the way for more innovation-driven ventures in the region. With Vizag already developing into a major industrial and port city, the new facility is seen as a milestone that will contribute both to the regional economy and India’s medical-device self-reliance mission.

New Delhi, December 10: The Directorate General of Civil Aviation (DGCA) on Tuesday ordered immediate inspections at 11 airports across the country in the wake of operational disruptions faced by IndiGo airlines. The move aims to ensure compliance with safety norms and assess the impact of recent flight cancellations and delays on passengers.

DGCA officials said the inspections will focus on operational readiness, staff deployment, and adherence to aviation safety standards. Passengers affected by the crisis have been urged to contact airline authorities, while the regulator emphasized prompt corrective measures to prevent further inconvenience and maintain public confidence in air travel.

New Delhi, December 10: Analysts on Tuesday said that gold prices are likely to remain strong in the near term, supported by global economic uncertainty and sustained demand from investors. Precious metals continue to attract attention as a safe-haven asset, even as equities and commodities show steady performance in domestic and international markets.

Market experts noted that while stock indices are experiencing moderate fluctuations, commodities such as crude oil and base metals are stabilising amid improving supply-demand dynamics. Investors are advised to maintain a balanced portfolio and closely monitor market trends, as global economic indicators continue to influence investment decisions.

New Delhi, December 10: A Union Minister on Tuesday said that the ongoing bilateral trade talks between India and the United States are progressing in a positive direction, indicating strong momentum in strengthening economic cooperation between the two countries. The minister said both sides are engaged in constructive discussions to resolve pending trade issues and expand market access.

He added that sectors such as manufacturing, technology, agriculture and digital trade are witnessing focused negotiations. The Union Minister expressed confidence that the improved pace of talks will lead to mutually beneficial outcomes, further enhancing strategic and economic partnership between India and the United States in the coming months.

New Delhi/Washington, December 10: India and the United States have made significant progress in their ongoing trade negotiations, with Washington praising New Delhi for presenting its “best offers ever” to resolve long-pending market access and tariff-related issues. Officials on both sides said the latest round of discussions reflected a positive shift in approach, aimed at strengthening economic cooperation between the two strategic partners.

Trade officials said the improved offers cover key sectors including agriculture, manufacturing, digital trade and critical supply chains. The development is expected to boost bilateral trade, attract fresh investment, and deepen the India-US comprehensive global strategic partnership. Both sides expressed confidence that continued engagement will help address remaining concerns and pave the way for a mutually beneficial trade framework in the near future.

Vijayawada, December 10: Andhra Pradesh’s economy is showing early signs of revival after several years of slowdown, with growth being recorded in agriculture, industrial production, and the services sector, officials said. Industry representatives noted that government spending on infrastructure and welfare schemes has helped revive demand in many parts of the state. Officials also highlighted improvements in investment proposals and startup activity.

However, Micro, Small and Medium Enterprises (MSMEs), especially in Vijayawada and surrounding regions, expressed concerns over persistent challenges such as skilled labour shortages, policy delays, and rising electricity tariffs. Industry bodies urged the government to introduce focused skill-development programmes and energy support measures to ensure long-term stability and employment growth in the MSME sector.

Hyderabad, December 9, 2025:
Hyundai Mobis on Monday announced the opening of a new software research and development (R&D) hub, strengthening its focus on next-generation mobility technologies. The new facility will work on advanced software solutions for electric vehicles, autonomous driving systems, and connected car technologies.

Company officials said the R&D hub will play a key role in accelerating innovation and supporting Hyundai Mobis’ global operations. The facility is also expected to create significant employment opportunities for skilled engineers and technology professionals, further boosting India’s position as a global technology development centre.

New Delhi , December 9, 2025:
India’s aviation sector is expected to face significant challenges in 2026, as airlines grapple with rising costs, slowing passenger growth, and operational pressures. Credit-rating agency ICRA has projected net losses of approximately ₹95,000–₹105,000 crore for Indian carriers in FY2026, citing high fuel costs, aircraft leasing, and maintenance expenses as major contributing factors. Domestic passenger growth is slowing, with analysts forecasting only 4–6 percent expansion, making it difficult for airlines to pass rising costs to travellers.

Authorities and industry experts have highlighted additional headwinds, including supply-chain bottlenecks, delayed aircraft deliveries, and foreign-exchange pressures. Smaller carriers with high debt or older fleets are particularly vulnerable to defaults or restructuring. While demand for domestic and international travel continues to grow moderately, airlines may be forced to optimize operations, cut less-profitable routes, and consider consolidation to maintain financial stability in the challenging environment.