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Roshi Jain exits HDFC Mutual Fund; AMC announces changes in fund managers for three equity schemes As per the update, HDFC's flagship fund - HDFC Flexi Cap Fund, will now be managed by Chirag Setalvad. The fund house has also announced changes in the management of HDFC Focused Fund, previously and HDFC ELSS Tax Saver Fund

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Strong fundamentals, big-ticket investments to propel India's FDI in 2026 In 2024-25, total foreign direct investments (FDI) have crossed $80.5 billion amid global uncertainties. Gross overseas investments during January-October 2025 have crossed $60 billion.

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Wall Street ends close to all-time highs in light, post-holiday session The Dow Jones Industrial Average fell 20.19 points, or 0.04%, to 48,710.97, the S&P 500 lost 2.11 points, or 0.03%, to 6,929.94 and the Nasdaq Composite lost 20.21 points, or 0.09%, to 23,593.10.

Shyam Dhani, E to E Transportation Infra among SME IPOs commanding up to 100% GMP amid strong subscriptions E to E Transportation Infrastructure, Dhara Rail Projects and Apollo Techno Industries are among the SME issues currently open for public subscription in the primary market.

Manappuram Finance to invest Rs 250 crore in Asirvad MFI, appoints new Group CFO Manappuram Finance share price: The company added that its board has approved the plan to increase the borrowing limit to up to Rs 75,000 crore.

Railway shares extend run as fare hike kicks in today; RVNL, IRCTC, IRFC rise up to 12% RVNL led the rally, climbing as much as 12.58 percent to Rs 389.20 on the NSE

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Zepto’s FY25 loss widens 177% to Rs 3,367 crore, total sales jump 129% The results mark a high-burn scale-up year for Zepto, coming ahead of its planned IPO filing and amid rising competitive intensity in India’s quick commerce market.

Defence shares rise for 5th day amid geopolitical tensions; Paras Defence, Mazagon Dock lead gains US ordered increased economic pressure on Venezuelan oil shipments and carried out airstrikes against Islamic State militants in northwest Nigeria at the request of Nigeria's government

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Zepto to confidentially file draft IPO papers on December 26 “Zepto’s pre-filing work is done and it will likely inform all the stakeholders about the filing on December 26,” a source told Moneycontrol

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FMCG industry looks for high-single-digit volume growth in 2026 with better margins The Indian FMCG sector anticipates a strong 2026. Expect high single-digit volume growth and better margins. Urban demand is set to recover, boosted by policy changes and easing inflation. Companies are investing in technology and new delivery models. Premium products and wellness categories will lead growth. Rural consumption also shows resilience