🗞️ Daily Business Brief – SEP 08, 2025
- India–Israel ink bilateral investment agreement; discussions on FTA expected as Israeli Finance Minister Smotrich visits India.
- IRB Infra August toll collections up 12% YoY at ₹563.2 Cr vs ₹502.6 Cr.
- Voltamp Transformers promoters to sell 7% stake (7.88 lakh shares) worth $67 mn via block deal at ₹7,600/sh floor price.
- Infosys board to consider share buyback proposal on September 11.
- HUDCO signs MoU with NMRDA to fund ₹11,300 Cr for Nagpur Metro over 5 years.
- Adani Group plans $60 bn investment in power & RE sectors till FY32; renewable capacity to scale up to 50 GW by FY30.
- SML Isuzu August sales drop 15% to 815 units; exports halve.
- Supreme Court agrees to Centre’s plea to transfer petitions on Online Gaming Law to apex court.
- General Insurance August premium drops: New India Assurance halves MoM, ICICI Lombard & Go Digit see double-digit MoM fall; Niva Bupa down 4% MoM.
- HCLTech appoints Amitabh Kant (ex-G20 Sherpa & NITI Aayog CEO) as Independent Director effective Sep 8, 2025.
- SpiceJet completes full $24 mn payment to Credit Suisse as per settlement agreement.
- JSW Steel August crude steel production up 17% YoY to 27.03 lakh tonnes; India ops up 16% YoY at 26.15 lakh tonnes; utilisation at 95%.
- Sudarshan Pharma gets approval for change of Greenfield project location & revised COD under PLI scheme for bulk drugs.
- RailTel wins multiple orders worth ₹3.96 bn.
- Godrej Consumer Indonesia subsidiary begins ₹250 Cr expansion to boost manufacturing capacity.
- Avantel receives amended purchase order worth ₹9.88 Cr from Department of Atomic Energy.
- Vedanta boosts metal manufacturing to advance EV industry with >₹125 bn capex spend.
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