🗞️ Daily Business Brief – SEP 28, 2025
- HDB Financial Services Ltd. shares in focus on Sep 29 as 3-month shareholder lock-in ends; 2.28 crore shares (3% of equity) free up for trade.
- GE Aerospace bets big on AI; CTO Alok Nanda reports success in finding talent in India.
- HDFC Bank barred by Dubai Financial Services Authority from onboarding new clients or undertaking fresh business.
- UK Govt backs Jaguar Land Rover with £1.5 billion loan guarantee to ensure supply chain stability post cyber-attack.
- Interarch Building Solutions breaks ground on ₹100 crore plant in Andhra Pradesh.
- Chambal Fertilisers faces ₹527 crore GST penalty; plans legal challenge.
- PM Modi launches BSNL’s indigenous 4G network, commissions 97,500 towers.
- Birlasoft re-appoints Angan Guha as CEO & MD for 2 years from Dec 1, 2025.
- Tata Capital to launch ₹17,200 crore IPO from Oct 6; Tata Sons & IFC to divest shares (23 cr & 3.58 cr respectively).
- US President Trump announces 100% pharma tariffs won’t apply to EU & Japan.
- Tata Motors announces management changes: Shailesh Chandra MD & CEO, PB Balaji resigns as CFO, Dhiman Gupta joins as CFO.
- Oil India discovers natural gas in Andaman offshore block.
- VIP Industries block deal: promoters offload 6.2% stake for ₹343 crore at avg ₹388.2/sh.
- Alkem Labs transfers trade generics business to subsidiary Alkem Wellness.
- Azad Engineering signs $73.47 million deal with Mitsubishi Heavy Industries.
- Centre to borrow ₹6.77 lakh crore in H2FY26, including ₹10,000 cr via Sovereign Green Bonds.
- RBI Data: Bank credit up 10.3% YoY; deposits up 9.8% YoY as of Sep 5, 2025.
- India-US Bilateral Talks on track; aim to meet fall-deadline for 1st tranche of BTA; engagements continue for early conclusion.
- Jindal Steel commissions 5 MTPA blast furnace in Odisha; on track for 12 MTPA capacity.
- Hindustan Unilever passes on GST benefits from Sep 22; expects flat to low-single digit Q2 growth.
- Godrej Agrovet signs MoU with MoFPI for ₹960 crore manufacturing facility.
- BEML signs MoU with BharatForge & DataPatterns to support AMCA programme.
- WelspunCorp bags ₹1,600 crore orders since June 4; order book at ₹18,000 crore.
- Tata Consumer signs MoU with food ministry for ₹2,000 crore investment over 5 years.
- Accenture warns of bleak FY26 with layoffs & divestments.
- Telangana Govt to acquire equity of L&T Metro Rail (Hyderabad); divestment expected by end FY26.
- India-US delegation had constructive meetings with US govt; aim for mutually beneficial trade agreement.
- TCS on track for biggest weekly fall in 5 years.
- Ircon International bags ₹224 crore order from North East Frontier Railways.
- Tata Power Renewable Energy inks pact with Bank of Baroda to offer solar financing to MSMEs.
- ABB India invests ₹140 crore to expand motors manufacturing.
- US Stock Market reaches most expensive valuation in history, surpassing dot-com bubble & pre-Great Depression levels.
- Zaggle Prepaid Ocean Services enters domestic SaaS partnership with IDFC First Bank for corporate solutions.
- Waaree Energies Ltd to acquire 76% stake in Racemosa Energy for ~₹53 crore; completion expected FY26.
- IRFC provides ₹3,388.51 crore loan to PVUNL for 4,000 MW thermal project & rail-linked infrastructure.
- Paradeep Phosphates commissions 1,500 MTPD sulphuric acid plant; total investment ₹510 crore; improves efficiency & reduces import dependency.
- Websol Energy System commences commercial production of additional 600 MW solar cell line.
- India announces natural gas discovery in Andaman Sea; 87% methane; commercial viability under review.
- Info Edge named India’s most successful venture investor based on bets in Zomato & Policybazaar.
- CRISIL reports Indian IT firms to pass 30–70% of higher H-1B visa costs to clients; margin impact limited to 10–20 bps.
- Indian Seafood Exporters shift focus to high-value markets in EU & Middle East; face regulatory & demand challenges.
- Indian Army issues ₹30,000 crore tender to BEL for ‘Anant Shastra’ air defence missile systems.
- Rossari Biotech commissions Dahej facility expansion (+20,000 MTPA; total 1,52,500 MTPA); Unitop Chemicals commissions 15,000 MTPA ethoxylation capacity.
- PG Electroplast buys 50-acre land in Sri City; plans ₹10B investment over 5 years; first phase 1.2M refrigerator capacity by Dec 2026.
- Tata Motors Demerger splits commercial & passenger vehicle businesses effective Oct 1 to enhance focus & efficiency.
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