Additionally, Titan is making a strategic move into the lab-grown diamond market with the launch of its new brand ‘beYon’, while Tata Steel’s subsidiary in the Netherlands is facing a $1.6 billion compensation claim from a Dutch nonprofit due to alleged health and environmental damages.
On the policy and governance front, the Delhi High Court questioned the government regarding high GST rates on air purifiers, alongside the CAG flagging discrepancies in rural electrification claims under DDUGJY and Saubhagya. Global news remained pertinent, with Ukrainian President Volodymyr Zelenskyy slated to meet US President Donald Trump to discuss security guarantees.
Here are the top 10 stories to watch tonight.
CNBC-TV18 newsbreak confirmed: Coforge to acquire Encora for $2 billion
Coforge Ltd has signed a definitive agreement to acquire 100% shares of Encora for ₹17,032 crore. The acquisition will involve share purchases from Advent International, Warburg Pincus, and other minority shareholders. Coforge views this acquisition as a “defining moment” for the company.
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Zepto to file confidential IPO papers today: All you need to know
Quick commerce operator Zepto Ltd., competing with Eternal and Swiggy, is filing its draft IPO papers today, aiming for a listing between July and September of 2026. According to sources, Morgan Stanley, Axis Capital, HSBC, Goldman Sachs, JM Financial, IIFL Securities, and Motilal Oswal are the Book Running Lead Managers (BRLMs) for the IPO.
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Nifty ends three-week losing streak, but IT and auto stocks drag
The benchmark indices finished the week with slight gains as Nifty broke its three-week losing streak. However, the Nifty Bank sector underperformed, closing lower for the third week in a row. Sectoral gains were led by defence and metal stocks, each registering nearly a 3% increase.
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Also Read: Rupee falls 23 paise to 89.94 against US dollar in early trade
Titan bets on lab-grown diamonds with ‘beYon’ to tap new jewellery buyers
Titan Company is entering the lab-grown diamond sector, a pivotal strategic move for the jewellery giant. The company officially launched its new brand ‘beYon’ in this growing market, confirming previous speculation that arose after trademarking the brand name.
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Tata Steel says Dutch NGO seeks $1.6 billion for alleged health damage
A Dutch nonprofit organization is claiming €1.4 billion ($1.6 billion) in damages from Tata Steel’s Dutch units, arguing that emissions from the company’s operations have caused environmental damage and health issues for local residents.
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Delhi HC asks Centre why GST on air purifiers can’t be lowered
On Friday, December 26, the Delhi High Court questioned the Centre about the possibility of reducing GST on air purifiers to make them more affordable, given the deteriorating air quality in the national capital and surrounding areas. The Centre’s counsel explained that the GST Council operates as a constitutional body, thus requiring consensus from all states and the finance minister’s involvement.
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CAG flags gaps in rural electrification claims under DDUGJY, Saubhagya despite ‘100% completion’ assertions
A report from the Comptroller and Auditor General of India (CAG) highlights serious deficiencies in implementing the Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) and the Pradhan Mantri Sahaj Bijli Har Ghar Yojana (Saubhagya), challenging the government’s claims of 100% electrification and pointing to delays, duplicate claims, and undue benefits to contractors.
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After a milestone 2025, is India’s REIT market ready for a bigger leap?
India’s Real Estate Investment Trust (REIT) market is gaining momentum, supported by its fifth listing in 2025 and several significant regulatory reforms. The conversation has shifted from whether REITs will succeed in India to how swiftly the market can expand from this point.
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Zelenskyy says will meet with Trump in Florida on Sunday for talks on Ukraine security guarantees
Ukrainian President Volodymyr Zelenskyy announced on Friday that he will meet with US President Donald Trump in Florida over the weekend.
Zelenskyy indicated in a press conference that security guarantees for Ukraine will be a key topic during Sunday’s discussions, and that a 20-point plan under consideration “is about 90% ready.” An economic agreement will also be discussed, though he declined to confirm if anything would be finalized.
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What to know about the Islamic State militants hit by US airstrikes in northwest Nigeria
Recent US airstrikes targeting Islamic State militants in northwestern Nigeria mark a significant escalation in an offensive that the country’s military has struggled with for years.
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We’ll see you on Monday with another engaging ‘Top 10@10’.
