Flipkart Investments plans to exit its entire 6% stake in Aditya Birla Lifestyle Brands via a Rs 950 crore block deal, highlighting strong institutional interest in Indias premium apparel sector.
Tens of thousands protested in Barcelona and Rome against Israel's Gaza campaign, fueled by the aid flotilla interception and Spain's strong diplomatic stance. Spain's PM even labeled the destruction "genocide." Rome's rally, organized by Palestinian groups, also featured calls for a Palestinian state amidst controversial slogans, as Gaza's casualties mount.
The death toll from an Indonesian school collapse rose to 17 on Saturday, as rescuers deployed heavy machinery to find dozens more victims. The multi-storey boarding school collapsed suddenly on Monday during prayers. Initial signs point to substandard construction, complicating the ongoing search for 49 missing individuals.
Vedanta Ltd achieved record production highs in Q2 FY26, including its highest-ever quarterly aluminum output at 617 kt and alumina production at 653 kt, a 31% YoY jump. Zinc India and Zinc International also reported best-ever mined metal figures. Pig iron output surged 26%.
The National Stock Exchange will reduce Nifty 50 futures and options lot size from 75 to 65, effective December 30, 2025, for contracts expiring thereafter. This revision, also impacting Bank Nifty and other indices, aims to balance contract values. Traders will need to adjust position sizes and margin requirements, while retail investors may find contracts more accessible.
