Major Developments
🔹 Radico Khaitan’s Royal Ranthambore Whisky to enter CSD, boosting premium brand growth.
🔹 U.S. Jobless Claims rise to 2.19 lakh from 2.14 lakh in the previous week.
🔹 PhonePe (Walmart-backed) gears up for potential IPO on Indian exchanges.
🔹 Samvardhana Motherson incorporates Motherson Treasury Strategy in Abu Dhabi.
🔹 NSDL & CDSL launch a unified investor platform for consolidated investment data.
🔹 ITI Limited receives an initial ₹100 crore from C-DoT for land at Electronic City, Bangalore.
🔹 AMRCD orders ITI to transfer 22.258 acres in Bangalore to C-DoT for ₹200 crore.
🔹 Arvind Smartspaces targets ₹1,500 crore in FY25 bookings.
🔹 Kotak Mahindra Bank appoints Vyomesh Kapasi as new Head of Consumer Bank Products.
🔹 Tata Steel acquires 191 crore equity shares of T Steel Holdings Pte for $300 million (₹2,603.16 Cr).
🔹 Narayana Hrudayalaya lays the foundation for ₹900 crore, 1,100-bed hospital in Kolkata.
🔹 Vyomesh Kapasi resigns as MD & CEO of his current company (effective Feb 20, 2025).
🔹 Shahrukh Todiwala to take over as MD & CEO (effective Feb 21, 2025).
🔹 NTPC Green Energy inks MoU with Bharat Light and Power for green energy expansion.
🔹 JM Financial gets a ₹230 crore tax refund for Assessment Year 2008-09.
🔹 Govt extends Chief Economic Adviser V. Anantha Nageswaran’s term by 2 years.
🔹 Burman Group takes control of Religare Enterprises and is now designated as its promoter.
🔹 Defence Ministry inks ₹697 crore contracts with ACE & JCB India for military equipment.
🔹 Defence Ministry to procure ₹1,220 crore worth of software-defined radios from BEL.
🔹 Cabinet approves two solar power plants in Sampur with NTPC – Sri Lanka govt.
🔹 Paytm launches India’s first Solar Soundbox for merchants.
🔹 Govt to invite applications for an electric car manufacturing scheme by April.
Companies seeking a 15% concessional import duty must achieve:
- ₹5,000 crore revenue by the 4th year.
- ₹7,500 crore revenue by the 5th year, or face penalties.
🔹 RailTel secures ₹22.4 crore order from J&K & Ladakh High Court.
🔹 Intellect Design’s Insurtech arm signs a ₹200 crore multi-year deal with a London brokerage firm.
Market Data
Foreign Institutional Investors (FII)
🔴 Cash Market: -₹3,311.55 Cr
🔴 Index Futures: -₹1,061.26 Cr
🔴 Index Options: -₹6,218.81 Cr
🟢 Stock Futures: +₹1,510.42 Cr
🟢 Stock Options: +₹729.76 Cr📈 Domestic Institutional Investors (DII)
🟢 Cash Market: +₹3,907.64 Cr
