Photo Credit: Freepik

Chequered Flag Jan. 2: Headlines At A Glance

Today's top stories include M&M, Tata Motors' Auto PLI scheme win, Tesla's stock dip, Blinkit's and SEBI's news and more.

Indices End Higher

The NSE Nifty 50 closed 445.75 points or 1.88% up at 24,188.65 and the BSE Sensex ended 1,436.30 points or 1.83% higher at 79,943.71.

Photo Credit: Vijay Sartape/NDTV Profit

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M&M, Tata Motors Win Incentives

Mahindra & Mahindra and Tata Motors became India’s first automakers to receive production incentives for manufacturing electric vehicles.

Photo Credit: Ministry of Heavy Industries

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Working Group To Review WPI

The Union government formed a NITI Aayog-led panel to revise the wholesale price index base year from 2011–12 to 2022–23.

Photo Credit: Envato

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Regulator Defers Capping Maximum Lenders Per Borrower

The MicroFinance Industry Network has deferred the maximum lender cap of three for a single borrower till at least Apr. 1, 2024.

Photo Credit: Pralhad Shinde/NDTV Profit

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SEBI Expands Scope Of Investigation Against Zee Entertainment

SEBI expanded the scope of investigation against Zee Entertainment Enterprises, CEO Punit Goenka and Chairman Emeritus Subhash Chandra.

Photo Credit: Vijay Sartape/NDTV Profit

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Tesla Annual EV Sales Drop

Elon Musk-led Tesla Inc.’s annual vehicle sales dropped for the first time in more than a decade despite a year-end push.

Photo Credit: Unsplash

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Blinkit's Ambulance Service

Blinkit launched quick-response ambulance service in Gurugram to address the challenge of providing reliable emergency medical assistance.

Photo Credit: Albinder Dhindsa/X

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ITC Hotel Shares Likely To Trade In Rs 150–175 Range

The demerger of ITC Hotels from its parent ITC came into effect on Jan. 1, 2025, opening the way for its listing on exchanges.

Photo Credit: ITC Maratha Company website

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