🗞️ Daily Business Brief – SEP 07, 2025
- Hyundai Motor India Limited announces price reduction of up to ₹2.4 lakh to pass on full benefit of GST rate cut to customers.
- Russia’s drone attack injures 8, sparks residential fires across Kyiv, Ukraine says.
- PM Modi speaks to French President Macron on bringing an end to the Russia-Ukraine conflict.
- Instamart announces its first festive sale under Quick India Movement from September 19–28.
- Keystone Realtors to hold meeting on September 10 to consider and approve raising funds through debentures.
- Adani Power and Druk Green Power Corp sign agreement to develop 570 MW hydroelectric project in Bhutan.
- Vedanta Group emerges as top bidder for Jaiprakash Associates with ₹17,000 cr offer, outbidding Adani Group. Other suitors (Dalmia Bharat, Jindal Power & PNC Infratech) did not submit bids. JAL faces claims of ₹59,000 cr under IBC.
- US FDA wraps inspection of Zydus Lifesciences’ Jarod plant with 4 observations.
- Aurobindo Pharma gets 8 observations from US FDA at Bachupally, Telangana unit inspection (Aug 25 – Sep 5, 2025).
- FM Sitharaman flags ‘unsustainably high’ bond yields despite low rates; says IDBI Bank disinvestment on track for FY26 completion. Adds govt will support companies hit by 50% tariff, India wants market access & NTB talks with China, and FDI relaxed in 1–2 China-linked cases.
- Reliance Infrastructure arm Reliance Aerostructure transfers 2% equity in Dassault Reliance Aerospace to Dassault Aviation.
- OPEC+ agrees in principle to increase oil production in October.
- Exporters press RBI for support: seek easier loan norms, waiver of penal interest, 12-month repayment moratorium, relaxed NPA norms (180 days), and sovereign guarantee scheme.
- IT Jobs: Ashwini Vaishnaw says India working with US & global companies to safeguard employment.
- China’s central bank has been buying gold for 10 consecutive months to reduce reliance on US dollars in reserves.
- VinFast, Vietnamese EV company, enters Indian market.
- NTPC Green Energy signs MoU with VOC Port Authority for green hydrogen fueling station & hydrogen mobility at Tuticorin Port.
- PNB Housing approves issuance of NCDs up to ₹50,000 crore.
- BHEL signs 10-year exclusive MoU with Singapore’s Horizon Fuel Cell Technologies for hydrogen fuel cell-based rolling stock in India.
- UNO Minda to invest up to ₹4.75 crore in SPV for solar power sourcing in Tamil Nadu.
- Food delivery likely to get costlier with platform fee hike and GST levy.
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