Business

India Business News: Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Thursday. While Nifty50 was near 25,200, BSE Sensex Source

Under the non-binding MoU, HUDCO will extend financial assistance of ₹1,00,000 crore over a period of five years for various housing and infrastructure projects in Madhya Pradesh. Shares of Housing & Urban Development Corporation Ltd ended at ₹230.65, down by ₹0.65, or 0.28%, on the BSE. Source

Stocks to watch: Shares of firms like Hindustan Zinc, Delhivery, Vedanta, PNB, Ola Electric, and others will be in focus on Wednesday’s trade Source

India Business News: Allianz and Jio Financial Services are partnering for reinsurance in India. The 50:50 venture aims to deepen their presence. They also plan potential Source

Amazon has concluded the fourth season of its Propel Accelerator program, selecting three standout direct-to-consumer startups—Fix My Curls, Auric, and ISAK—from nearly 900 applicants. Each winner receives a $100,000 equity-free grant to support global expansion, along with access to mentors, venture capitalists, and Amazon experts. Source

Sebi bans Sanjiv Bhasin, ex-IIFL Securities director, and 11 others from markets for share manipulation. Learn about the case details and fraudulent activities. Source

India Business News: Geopolitical tensions and trade concerns are impacting hiring and consumer spending, particularly in the mass-market jewellery segment. Fluctuating go Source

Under the agreement, Authum will acquire 27,00,000 equity shares and subscribe to an additional 1,15,00,000 equity shares of KPPL at ₹171.50 per share, resulting in a controlling 60.95% stake in the nutraceutical company. Shares of Authum Investment & Infrastructure Ltd ended at ₹2,642.85, down by ₹25.95, or 0.97%, on the BSE. Source

Vedanta Ltd’s shares are in focus ahead of a board meeting to consider the first interim dividend for FY 2025-26 and a Rs 7,500 crore stake sale in Hindustan Zinc. Source

India Business News: The Wealth Company, supported by Pantomath Group, is set to launch its mutual fund business after Sebi’s approval. Madhu Lunawat will lead the company Source