BUSINESS HIGHLIGHTS

New Delhi, Dec 11 (PTI) Following are the top business stories at 2025 hours:

     DEL77 BIZ-LDALL-RBI GOVERNOR
     * Malhotra takes over as 26th RBI Guv; says focus would be trust, growth & stability
     Mumbai: Sanjay Malhotra took charge as the 26th Governor of Reserve Bank of India on Wednesday, and promised to focus on deepening trust, growth and ensuring stability. *
    
     DEL49 BIZ-RBI-GOVERNOR-PRESSER
     * RBI will remain alert and agile to meet challenges: New Guv Malhotra
     Mumbai: New RBI Governor Sanjay Malhotra on Wednesday said the central bank will maintain continuity and stability in policy matters, but emphasised on the need to remain "alert and agile" in the wake of the current global economic and political environment. *
    
     DCM76 BIZ-COCA COLA-2ND LD BHARTIA
     * Coca-Cola to sell 40% stake of bottling arm HCCBL to Jubilant Bhartia Group
     New Delhi: Global beverage major Coca-Cola on Wednesday announced sale of 40 per cent stake in its India bottling business Hindustan Coca-Cola Beverages Pvt Ltd (HCCBL) to Jubilant Bhartia Group. *

     DEL26 BIZ-LD SITHARAMAN
     * Need to blend commercial considerations with economic priorities, strategic needs: Sitharaman
     New Delhi: Finance Minister Nirmala Sitharaman on Wednesday stressed that India Inc's commercial considerations should blend with the economy, nation's priorities and strategic needs. *

     DEL59 BIZ-LD-STOCKS
     * Sensex, Nifty edge up in restricted trade ahead of US inflation data
     Mumbai: Benchmark equity indices Sensex and Nifty closed higher in restricted trade on Wednesday as investors awaited key US inflation data for further cues. *

     DEL80 BIZ-LD RUPEE
     * Rupee settles near all-time low with gain of 2 paise at 84.84 against US dollar
     Mumbai: The rupee settled for the day higher by 2 paise at 84.83 against the US dollar on Wednesday, a tad above its all-time low level, amid rising expectations of a shift in the Reserve Bank's monetary policy stance post the appointment of Sanjay Malhotra as the new RBI governor. *
    
     DEL52 VP-MARITIME
     * Maritime sector to play transformative role in India's vision for 3rd largest economy: Vice President
     New Delhi: India's maritime sector is poised to play a transformative role in the country's vision of becoming world's third-largest economy, Vice President Jagdeep Dhankhar said Wednesday. *
    
     DCM98 BIZ-IPO-LD MOBIKWIK
     * One MobiKwik Systems IPO subscribed 7.3 times on first day of offer
     New Delhi: The initial public offering (IPO) of fintech company One MobiKwik Systems got subscribed 7.3 times, receiving an overwhelming response from retail investors, on the first day of sale on Wednesday. *

     DCM32 BIZ-STOCKS-ADANI
     * Adani Group stocks decline; Adani Green Energy falls over 2 pc
     New Delhi: Shares of six Adani Group firms, out of 11 listed companies, declined in the mid-session deals on Wednesday, with Adani Green Energy falling more than 2 per cent. *

     DEL67 BIZ-GOLD-PRICE
     * Gold reclaims Rs 80,000-mark; silver rally extends for third day
     New Delhi: Gold prices rallied to reclaim the Rs 80,000-level in the national capital on Wednesday driven by increased buying from jewellers and stockists, amid a strong global trend, as per the All India Sarafa Association. *

(This story has not been edited by THE WEEK and is auto-generated from PTI)