Rs 15,800 crore capex targets a 5,000 MWh energy storage project and major education and healthcare expansion.
Corporate announcement of a Rs 15,800 crore capital expenditure plan focused on a 5,000 MWh energy storage project costing Rs 12,000 crore to enable Kolkata to source at least 50% of its electricity from renewables; the group has applied for land. Additional commitments include about Rs 1,000 crore for education and healthcare-including a Rs 500 crore education capacity doubling and a hospital targeted for commissioning by January 2027-bringing the combined outlay to Rs 15,800 crore.

Signature campaign opposes alleged privatisation of medical colleges; petitions submitted to the governor and planned for court filing.
Organisers collected over one crore signatures opposing the alleged privatisation of ten state medical colleges, delivered consolidated petitions to the Governor to record public opposition, and plan to file the petitions in court to ensure formal acknowledgement of public concerns regarding policy reversal and increased private involvement in medical education.

Delhi Airport flights affected by dense fog; CAT III operations require trained pilots and compliant aircraft.
Dense fog at Delhi Airport led to 27 flight cancellations and multiple delays as operations were declared under CAT-III operations. CAT III requires trained pilots and aircraft compliant with low visibility ILS approach standards, with runway visual range thresholds of roughly 50-200 metres; the airport warned that continued CAT III conditions could cause further disruptions.

India-Oman CEPA to deepen trade and investment ties, expand market access, and invite Omani participation in India's growth.
The Comprehensive Economic Partnership Agreement (CEPA) between India and Oman is framed as a bilateral framework to deepen trade and investment ties, expand market access, and strengthen commercial confidence; the Prime Minister links the pact to India's economic reforms (including GST and insolvency measures) and invites Omani companies to partner in India's growth, noting recent bilateral trade volumes as the basis for expanded cooperation.

Securities Market Code Bill seeks to merge three statutes to strengthen investor protection and streamline market regulation.
The Securities Market Code Bill proposes consolidating the SEBI Act, the Depositories Act and the Securities Contracts (Regulation) Act into a unified code to strengthen investor protection and ease of doing business; members objected to perceived excessive delegation and separation of powers concerns, and the Finance Minister proposed referring the bill to the department-related standing committee while the Lok Sabha Chair noted the Speaker's authority over panel referrals.

SRMIST and Pon Pure Chemicals form a CSR-funded joint lab for oil-field chemical R&D, training, and technology transfer.
A Memorandum of Understanding between SRMIST and Pon Pure Chemicals establishes the SRMIST-Pon Pure Chemicals Lab for oil-field chemical product development and testing, with Pon Pure contributing Rs. 20 lakh from CSR funding toward estimated equipment costs of Rs. 75 lakh and SRMIST providing the remaining infrastructure and support; the lab will support R&D, industry-oriented training, technology transfer, and new certificate, diploma, and degree programmes aligned to industry needs.

Banganga Paper's acquisition of CMJ Breweries triggers an open offer for 100% public shares under takeover obligations.
Banganga Paper Industries approved acquisition of a 78.90% stake in CMJ Breweries with an increase in authorized share capital; completion is subject to shareholder and stock exchange approvals and will trigger an open offer by the promoters, alongside a proposed company name change and appointment of joint statutory auditors.

IndiGo focuses on resilience, a board-appointed root-cause review, and rebuilding after large-scale flight cancellations.
IndiGo prioritises restoring operational resilience, conducting a comprehensive root-cause analysis led by an external aviation expert appointed by the Board, and rebuilding its network after widespread cancellations caused by planning failures and crew shortages tied to new pilots' duty and rest regulations; regulatory scrutiny and a government-directed schedule reduction have followed.

NCP (SP) alliance with Ajit Pawar's NCP is portrayed as strengthening the BJP, says Shiv Sena (UBT) leader.
NCP (SP)'s possible alliance with the Ajit Pawar-led NCP is portrayed as strengthening the BJP, with Sanjay Raut labelling Ajit Pawar an agent of the BJP; talks between the NCP factions on Pune civic polls continue, and parallel alliance arrangements are reported for Nashik and Thane involving Sena (UBT) and MNS, highlighting the coalition and electoral implications ahead of municipal elections for 29 corporations.

Sundrex Oil Company launches an SME IPO to raise Rs. 32.25 crore with specified allocation, lot sizes, and use of proceeds.
Sundrex Oil Company Limited proposes a SME Initial Public Offering (IPO) to raise Rs. 32.25 crore by issuing 3,750,400 new shares at a price band of Rs. 81-86 per share, opening for subscription December 22-24, 2025, for listing on NSE Emerge; allocation percentages, minimum application lot sizes and the timetable for allotment and demat credit are specified, and proceeds are earmarked for working capital, capital expenditure, debt prepayment/repayment, general corporate purposes and offer-related expenses.

Grojet Express launches 24/7 hyperlocal pickup and delivery with real-time tracking and citywide coverage in Mangalore.
Grojet launched Grojet Express in Mangalore as a 24/7 hyperlocal pickup-and-delivery service that leverages proprietary technology, an optimized fleet, and a partner network to provide real-time tracking, fast turnaround times, market-competitive rates, citywide coverage, and dedicated customer support for both consumer and business shipments.

Oil tanker blockade on Venezuela raises oil prices while central-bank rate expectations and AI worries weigh on markets.
A US presidential order imposing a blockade on sanctioned oil tankers bound for Venezuela boosted oil prices and energy equities, reflecting enforcement of sanctions on maritime oil transport. Expectations of a Bank of Japan rate increase and upcoming US inflation data contributed to regional market volatility, while investor concerns about AI valuation, profitability, and corporate leverage depressed technology and AI-linked stocks.

Neutrinos wins award for advancing AI adoption in insurance with an AI-native platform to operationalize workflows.
Neutrinos received the AI and Machine Learning Innovation Award for advancing AI adoption across over ten APAC insurance markets by delivering an AI-native, full stack platform that enables insurers to design, govern, and orchestrate AI, automation, rules, and human workflows-combining agentic AI, explainable decision automation, AI orchestration, a DevOps control center, and a governed data fabric to operationalize AI at scale while integrating with existing core systems.

DREAME unveils whole-home smart living strategy in Vietnam, expanding refrigeration and laundry lines and local R&D investment.
DREAME is shifting to a Whole-Home Smart Living strategy in Vietnam that treats refrigerators and washing machines as an infrastructure layer, deploying a multi-tier product architecture (flagship, mainstream, mass-market) across refrigeration and laundry and linking segmentation to channel configuration, local R&D, manufacturing partnerships and service-network build-out to enable staged whole-home deployments and ecosystem expansion.

Clean room validation services ensure controlled environments meet international contamination-control and compliance standards for pharmaceuticals, biotech and electronics.
TU V Rheinland provides customised clean room validation services-including airflow visualisation, particle counting, HEPA/ULPA filter integrity, air change and ventilation evaluation, pressure measurement, environmental mapping and microbial testing-performed with calibrated, internationally accepted methodologies to produce comprehensive, auditable validation reports with data analysis, deviations, corrective recommendations and compliance statements to support regulatory conformity and audit readiness.

SSAHE and upGrad partner to embed an industry-aligned School of Technology with AI-first curriculum and hands-on industry integration.
Collaboration embeds an industry-aligned School of Technology within SSAHE engineering programs, providing academic and curriculum advisory services, AI-first personalised learning, practitioner-led modules, research exposure, project-based learning, internships, and access to prototyping labs and startup supports while maintaining university-led UGC-recognized B.Tech delivery.

Avitree boosts community fitness by donating bicycles and sponsoring events to expand access to active mobility.
Avitree's initiatives in Kolkata, Mumbai and Pune promoted active mobility through event partnerships and targeted bicycle donations to race winners and children identified via institutional partners, combining sponsorship, in-kind distributions and community outreach to increase participation and visibility of short-distance cycling and inclusive fitness.

Flipkart consumer trends: Gen Z-driven video discovery, habitual quick commerce, and Tier 2 cities leading premium demand.
No legal or regulatory provisions are contained in this press release; it reports market-insights that Gen Z drove creator-led video discovery and impulse purchases, quick commerce became habitual, and Tier 2/3 cities led premiumisation and electronics demand. The release also describes platform commercial measures-seller tools, a Seller Success Program, subscription uptake, and payment trends-without asserting legal obligations or regulatory guidance.

Electoral roll revision challenge, money laundering plea and stray dog suo motu case scheduled for hearings today.
A petition challenges a special intensive revision of electoral rolls; repolling and draft roll follow ups are noted alongside a money laundering plea and a suo motu public interest matter on stray dogs, with additional regulatory compliance items concerning utilities, vehicle emissions entry bans and fuel access rules listed for procedural attention.

Stock markets edged lower amid global weakness, institutional buying, and caution ahead of US inflation data.
Equity benchmarks opened lower amid global risk-off and profit-taking, with Sensex and Nifty down and mixed sector performance. Institutional flows were significant as FIIs and DIIs turned net buyers in the prior session, partially offsetting selling. Market caution is attributed to anticipation of US consumer inflation data and uncertainty over monetary policy; primary directional drivers noted are global equity trends, Brent crude movements, and institutional fund flows. No regulatory or enforcement actions are reported.