Business

SoftBank Group founder Masayoshi Son revealed that he “was crying” when he sold the company’s stake in Nvidia, highlighting how reluctant he was to part with the fast-rising chipmaker. This emotional exit raises a key question — what compelled Japan’s second-richest man to give up the shares despite not wanting to?Speaking at the FII Priority…

China’s rare earth industry is set for faster shipments to select buyers after authorities issued the first batch of new export licences, a step that follows months of disruption caused by Beijing’s tighter controls earlier this year. The move reflects a key outcome of the Donald Trump–Xi Jinping summit, according to Reuters.The approvals mark a…

Retail investors who chased Michael Saylor’s Bitcoin vision are now confronting heavy losses, as the turmoil around Strategy Inc.’s stock intensifies and leveraged products tied to it unwind sharply. The rout has erased gains built during the crypto mania and left funds tracking the company’s volatile bets struggling to retain assets. The developments were reported…

Air India had operated a 164-seater Airbus A320 on eight flights before an engineer finally detected a safety lapse and the aircraft was taken out of service.The flight, operated betwen November 24 and 25 according to sources cited by ET, was not suitable for flying as its airworthiness licence had already expired. The operations posed…

Oppo, Vivo, Lenovo-Motorola, Haier, Midea and other top Chinese electronic companies are relying on group companies to fund their Indian operations, according to the Registrar of Companies filings. Most of the funds received are from external commercial borrowing route from linked parties.According to sources cited by ET, this comes as the entities face a roadblock…

Gold prices eased on Tuesday as traders chose to cash in recent gains, mirroring the softer sentiment in overseas markets. The pullback ended the strong run in bullion seen in the previous session.On the Multi Commodity Exchange, the benchmark contract slipped to Rs 1,30,266 per 10 grams. The February 2026 futures also headed lower, giving…

The government on Monday confirmed that there are no ongoing discussions or plans regarding the restructuring or combining of public sector banks.Pankaj Chaudhary, minister of state for finance, in a written reply to the Lok Sabha ruled out any such consideration and clarified, “presently, no proposal on merger or consolidation of Public Sector Banks (PSBs)…

Bajaj Housing Finance shares tumbled on Tuesday, hitting 52-week low amid buzz of a block deal.The firm’s stock price tumbled 9% to reach Rs 94.90 on the BSE following reports of a large block deal in which the firm’s promoter, Bajaj Finance, is believed to have offloaded 2.35% equity stake, valued at around Rs 1,890…

Asian markets mostly rose on Tuesday as investors focused on hopes of United States rate cuts and nerves around rising Japanese bond yields eased slightly.In Hong Kong, HSI rose 0.11%, rising 28 points to reach 26,061. Nikkei also rose 56 points to trade at 49,360 at 10:30 AM IST. South Korea’s Kospi added 1.81% to…

Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, the top stocks investors can consider buying today on December 2, 2025 are: Ashok Leyland, HCL Tech, and Bank of Baroda. Let’s take a look:Ashok Leyland – Buy in the range between…