🗞️ Daily Business Brief – SEP 16, 2025
- Eurasia Group sees 60% chance of India-US trade deal by year-end, upgraded from 40% earlier.
- Banking sector has entered a new phase of revolution; RBI DG Rajeshwar Rao stresses responsible innovation at Banking Transformation Summit.
- India, US step up efforts to fast-track bilateral trade agreement; senior officials meet in New Delhi on Sept 16.
- Commerce Ministry says talks with U.S. team led by Brendan Lynch were positive; both sides aim for early conclusion of a trade pact.
- CCI approves JSW Paints acquisition of up to 75% in AkzoNobel India.
- Jindal Steel International offers to buy Thyssenkrupp Steel Europe (not listed JSPL; unlisted Naveen Jindal entity).
- RailTel bags ₹105.7 crore order from Bihar Education Project Council for smart classroom initiative.
- Apollo Hospitals launches Asia’s first dedicated women’s cancer centre in New Delhi.
- Govt keen to push Insurance Amendment Bill in Winter Session; DFS Secy M Nagaraju says higher FDI in PSBs under consideration.
- MMRDA to suspend monorail from Sept 20 for upgrading.
- Dr Reddy’s launches new acidity drug tegoprazan in India; a novel patented molecule for acid-related GI diseases.
- Apollo Tyres announced as lead sponsor of Indian Cricket Team.
- Mahindra Lifespaces to redevelop two housing societies with ₹1,700 crore potential.
- SEBI extends settlement scheme for brokers linked to algo platforms till Oct 16.
- Blue Dart arm receives ₹365 crore GST show cause notice.
- Zerodha’s Nithin Kamath says weekly expiries may face complete ban.
- India on track to boost green energy, says Minister Hardeep Singh Puri at KPMG ENRich 2025.
- Ola, Uber, Rapido get provisional bike taxi licences in Mumbai.
- Life insurers estimate ₹10,000 crore hit due to GST changes; may seek IRDAI nod to spread cost over policy term.
- Cyient Semiconductors & Anora partner to expand turnkey test & validation solutions.
- Lupin gets six FDA observations post inspection of Nagpur injectable facility.
- NLC India secures government LoIs for phosphorite & limestone blocks in Chhattisgarh.
- Dreamfolks Services discontinues domestic airport lounge services; global lounge ops continue.
- Amber Enterprises launches QIP; floor price set at ₹7,790.88/share.
- Roto Pumps secures ₹7.25 crore domestic order from GPS Renewables.
- Muthoot Capital Services issues ₹200M commercial paper.
- Maharashtra Seamless provides full cooperation to CCI inquiry at Delhi & Gurgaon offices.
- Angel One incorporates life insurance venture with LivWell; invests ₹1.04 billion for 26% stake.
- Tata Communications liquidates Dutch subsidiary MUCOSO B.V.; negligible FY25 impact.
- Bharat Electronics secures additional orders worth ₹712 crore.
- Tech Mahindra stake raised to 10.84% by LIC via market purchases.
- Avantel secures ₹9.92 crore order from GRSE for SATCOM products; execution by June 2026.
- Life insurance CEOs to meet IRDAI Chairman tomorrow.
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