Moody’s changes Shriram Finance’s outlook to positive from stable

Moody’s Ratings has affirmed Shriram Finance Ltd’s (SFL) Ba1 long-term corporate family rating (CFR). The outlook has been changed to positive from stable. On December 19, 2025, SFL announced that MUFG Bank, Ltd. would acquire a 20% stake in the company through a preferential allotment of shares for ₹39600 crore (about $4.4 billion). The transaction is … Read more

India’s active companies cross the 2 million mark for the first time

Corporate India crossed a major milestone in December, with the cumulative number of “active” or operational companies breaching the two-million mark. This reflects a brisk formalization of the economy, aided by robust investor optimism about longer-term growth, structural reforms and easing compliance burden in recent years, a senior government official said. The increase from 1.5 … Read more

How Big-Name Hedge Funds Like Citadel and Millennium Performed in 2025

Big-name hedge funds mostly had strong years, led by managers such as Michael Gelband’s ExodusPoint and D.E. Shaw. It was a choppy year for funds, which battled markets strained by geopolitical stress from tariffs and international conflicts. Most funds still trailed the S&P 500’s 16.4% return on the year, however. Artificial intelligence spikes and sell-offs, … Read more

Deepinder Goyal reveals Zomato delivery partners’ average income amid gig economy debate: Here’s how much they earn

Zomato CEO Deepinder Goyal shared a fact sheet detailing the average income of the company’s delivery partners, among other details, following a recent exchange with popular YouTuber Dhruv Rathee on X (formerly Twitter). The move came after Rathee questioned the company’s pay practices and called for transparency around gig workers’ earnings, prompting Goyal to publicly … Read more

Tesla sales slip as it loses EV crown to China’s BYD in 2025

Tesla’s sales fell in 2025, the company reported Friday, ceding its position as the world’s biggest electric vehicle maker for the year to Chinese auto giant BYD. The American company led by Elon Musk logged 418,227 deliveries in the final three months of the year, taking its full-year sales figure to around 1.64 million EVs. … Read more