SACHIN
Qcomm’s Diwali boost; Energy startups attract funds
Happy Wednesday! Quick commerce powered a strong festive season for D2C brands. This and more in today’s ETtech Morning Dispatch.
Prosus widens India fintech play after years of consumer internet bets
The Amsterdam-listed technology investor is also close to investing in artificial intelligence-led credit management startup Oolka, people familiar with the matter said. Prosus evaluated credit-on-Unified Payments Interface (UPI) startup Kiwi in October and savings platform Jar in 2025 before deciding not to invest. Prosus declined to comment on specific deals.
BPO jobs on a seesaw as bots call the shots
Voice AI is driving call centres even as hiring grows, but the shift towards complex tasks leaves freshers scrambling for a new career ladder.
Jewellers report brisk Dhanteras sales as gold price drop lures buyers; volumes seen flat
Volumes, however, are likely to remain roughly flat from a year earlier because prices are still well above last year's levels, said Rajesh Rokde, chairman of the All India Gem and Jewellery Domestic Council (GJC).
Dhanteras expected to generate over Rs 1 lakh crore in business across India: CAIT
Dhanteras is expected to generate over ₹1 lakh crore in business across India, with gold and silver sales estimated to exceed ₹60,000 crore, according to the Confederation of All India Traders (CAIT).
Gold gets its festive groove back in India as prices cool from record highs
India’s gold jewellery demand is picking up in the October-December quarter as lower prices and the wedding season draw buyers back to stores, with footfalls and purchase conversions improving, according to Crisil Ratings. However, consumers are favouring smaller purchases, including coins and bars.
India-Sri Lanka 1st ODI shifted from Delhi to Visakhapatnam
The first ODI match between India and Sri Lanka will take place on December 13, 2026. The venue has been changed from Delhi to Visakhapatnam due to renovation works and weather concerns. Following the first match, the second ODI will occur in Bengaluru on December 16. The third ODI is scheduled for December 19 in Ahmedabad, both matches starting at 2 pm.
'Gold’s rally is not just about wars, it’s fundamentally linked to $40 tn US debt': WGC India CEO Sachin Jain
World Gold Council India CEO Sachin Jain said gold’s rally is driven by rising US debt, de-dollarisation and central bank purchases, rather than geopolitics alone. He expects strong Indian demand during Diwali and recommends allocating 10-15% of financial assets to gold. Over the next five years, technology, tokenisation and blockchain could make gold more accessible, transparent and easier to trade.
Virat Kohli surpasses Sachin Tendulkar for most runs while chasing in ODI history
Virat Kohli recorded a significant milestone by surpassing Sachin Tendulkar for the most ODI chase runs. He scored 74 runs in a rain-affected match against New Zealand, helping India win easily. Kohli also levelled with Ricky Ponting for the most runs against New Zealand in ODIs, marking his dominance in the format. Additionally, he became the first player to reach 13,000 runs batting at number three.
Listed realty firm Phoenix Mills Ltd appoints Parveen Mahtani as group legal head
An alumna of Government Law College (GLC), Mumbai, Mahtani began her career at the law firm Desai & Diwanji as an associate, then joined another firm, Nishith Desai Associates. In 2005, she moved to an in-house role and joined IL&FS Trust Company Ltd. as legal head for the debt recovery division.
Sachin Tendulkar takes significant minority stake in Hitwicket maker Metasports Interactive
Sachin Tendulkar has acquired a minority stake in Metasports Interactive, the company behind Hitwicket. He will serve as the brand ambassador and a playable character in the game. Metasports aims for 100 million downloads in three years as it has 20 million currently. The game revenue has doubled in the past six months, with most revenue from in-app purchases.
Indians refuse to cash in on gold in their lockers hoping for a better price
India’s gold demand is expected to fall to a six-year low of around 650 tonnes in 2026 as record prices, rising living costs and a weak monsoon weigh on jewellery purchases and investment, according to the World Gold Council (WGC).
India's 2026 gold demand seen falling to six-year low on price rise: World Gold Council
India's gold demand is expected to fall to a six-year low of around 650 tonnes in 2026 as record-high prices, rising living costs and a weak monsoon weigh on jewellery purchases and investment demand, the World Gold Council (WGC) said.
Market Trading Guide: Tata Steel among 5 stocks to buy on Tuesday for healthy returns
Indian equities experienced a strong start to the week, bolstered by better than expected Q2 earnings. Improved domestic macro indicators contributed to the positive sentiment among investors and traders. Increased passenger vehicle sales and gross GST collections reflected resilience in domestic economic activity. Several stock recommendations were highlighted for Tuesday, suggesting potential upward movements. Analysts shared technical insights indicating opportunities for buying various stocks in the current market.
Indian stocks may recover on steady growth and earnings, Axis AMC says
Indian stocks are expected to recover in the financial year due to strong earnings and economic growth. The Nifty 50 index has decreased significantly after years of gains, partly due to global issues. The fund manager emphasizes that foreign fund outflows do not indicate a decline in India's growth prospects. Certain sectors like AI, energy, and domestic manufacturing are highlighted for potential investment.
King first song out: Shah Rukh Khan, Deepika Padukone set screens on fire. But Arijit Singh and Ed Sheeran's collab takes over the internet
Shah Rukh Khan has released the first song from his upcoming movie King, celebrating his birthday. The song, featuring Deepika Padukone, is titled Tu Mil Jaaye and includes vocals by Arijit Singh and Ed Sheeran. Directed by Siddharth Anand, King is set to release in cinemas on December 24, 2026. Read on!
CCI clears Prosus' proposal to acquire stake in Sachin Bansal-led Navi
Competition Commission of India has approved Prosus' acquisition of a stake in Navi Ltd. This move aims to enhance Prosus' position in India's digital financial services market. MIH Payments Holdings BV, part of Prosus, will acquire certain shareholding in the fintech firm. Navi Ltd provides various financial services, including loans, insurance, and digital payments. This investment marks a significant milestone in Navi's growth after securing USD 100 million from Prosus.
Anirudh Ravichander steps down from Shah Rukh Khan's King. Why did the music composer exit the project?
Shah Rukh Khan is set to headline the much-anticipated action thriller King, which is helmed by the talented Siddharth Anand. With a release date locked for December 24, 2026, the film boasts a stellar cast. Recently, composer Anirudh Ravichander has reportedly stepped away from the project. Read on to know what actually happened.
Hinduja Housing Finance appoints Vivek Kannan as CEO, takes over from managing director Sachin Pillai
Vivek Kannan has been appointed as the chief executive officer of Hinduja Housing Finance Limited. He succeeded Sachin Pillai, who stepped down but remains on the board as a non-executive director. Kannan joined the company as Chief Operating Officer in 2020 and contributed significantly to its growth and transformation. With over two decades of experience, he has held leadership roles in various financial institutions.
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