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Top Seven Business And Stock Market News Of The Day You Can't Miss — Dec. 29

Important news, must-read stories on NDTV Profit on Friday.

HUL Faces Distributors' Ire For Margin Cuts

The strategy raises concerns about fair business practices and may jeopardise the entire distribution network, the AICPDF says.

Photo Credit: Sesa Sen/BQ Prime

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Zoomcar Completes Merger With Innovative International, To Trade On Nasdaq

This marks the beginning of an important new phase in Zoomcar's growth, CEO Greg Moran says.

Photo Credit: Zoomcar

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Eight Core Industries Grew At Slowest Pace In Six Months In November

The index of eight core industries rose 7.8% in November, after gaining 12% year-on-year in October.

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Tata Motors Shares Surge Nearly 7% To Lifetime High

The stock rose as much as 6.5% during the day to Rs 802.90 apiece on the NSE.

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Adani, IHC Tie-Up To Boost India's Green, Digital Transformation, Say Top Executives

Adani Energy Solutions subsidiary and Esyasoft will set up a smart metering joint venture, while Adani Global and Sirius have agreed to partner on technologies like AI.

Photo Credit: Amit Dave/Reuters

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Power Mech Shares Jump On Rs 2,192-Crore Order Wins

The company received two orders worth Rs 1,517.6 crore and Rs 674.8 crore. The period for execution of both is five years.

Photo Credit: Company website

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Waaree Energies Files Draft IPO Papers

The IPO will be a mix of fresh issue worth Rs 3,000 crore and an offer for sale of 32 lakh shares.

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