🗞️ Daily Business Brief – OCT 12 2025
- #Egypt #Gaza peace summit: Trump and Sisi send a last-minute invite to PM Modi; MoS Kirti to represent India.
- #SBI aims to enhance gender diversity and increase its female workforce to 30% by 2030.
- #SupremeCourt issues notice to #AdaniEnterprises on the customs department’s plea challenging a tribunal order.
- Interarch Building Solutions has begun work on its new manufacturing unit in Kheda, Gujarat; trial production by June 2026, full operations by December 2026. CEO Manish Garg says expansion will add 40,000 MT capacity and boost revenues from FY26–27.
- #BLSInternational debarred from participating in tenders with India’s foreign ministry for 2 years.
- #HSBC’s Xavier Baraton says tariff risks weigh on US growth, but India remains a high-conviction market.
- #PaceDigitek CEO Venugopal Rao Maddisetty eyes strong growth from ₹600 crore battery storage venture.
- Bajaj Life Insurance September total premium at ₹1,374.6 crore; General Insurance gross direct premium underwritten at ₹2,218.8 crore.
- #PMModi launches ₹35,440 crore two farm schemes; inaugurates additional projects worth ₹5,450 crore.
- #Lupin confirms US FDA pre-approval inspection at Somerset site concluded with one observation (Sept 29–Oct 10, 2025).
- #ED arrests #ReliancePower CFO in connection with a ‘fake’ bank guarantee-linked PMLA case.
- #CAMS announces a 1:5 stock split to improve share liquidity and retail participation.
- France faces political turmoil; collapsing center could trigger a Greece-like debt crisis as Lecornu returns as PM — the 6th in 3 years.
- #UTI Asset Management halts new investments in Silver ETF, following Kotak Mahindra AMC’s suspension; marks 2nd silver ETF freeze this week.
- #HCC bags ₹204 crore #Hindalco infrastructure project in Odisha.
- #TataGroup – Some Tata Trust Trustees suggest revisiting the decision to keep Tata Sons private amid internal rifts and the removal of Vijay Singh.
- #ShapoorjiPallonji Group renews call for Tata Sons listing, calling it a “moral and social imperative” to unlock shareholder value and ensure an equitable dividend policy.
- #AxisBank receives an RBI “Letter of Caution” to exercise diligence and ensure strict compliance with KYC norms.
- #AdaniEnergy Q2 FY26 Update:
- Collection Efficiency: 100.59% (YoY)
- System Availability: 99.6%
- Transmission Order Book: ₹60,004 crore (Under-construction)
- #Vascon Engineers secures ₹161 crore redevelopment project in Mumbai’s Mahalaxmi area.
- #AMFI September Update (MF Data):
- Net Equity Inflows: ₹30,422 crore (▼ 9% MoM)
- Total MF Flows: Negative ₹43,146 crore – first overall outflow of FY26
- Equity AUM: Stable; small-cap SIPs remain strong
- Large-cap & Flexi-cap inflows slow; Debt outflows drag due to redemptions
- #Signature Global Q2 FY26 Update:
- Pre-sales: ₹20.1 billion (▼ 28% YoY)
- Collections: ₹9.4 billion (flat YoY)
- Net Debt: ₹9.7 billion
- New Land: ~33.5 acres in Sohna
- Average Realization: ~₹15,000/sq ft
- #UBI Report: India’s merchandise trade deficit likely widened to USD 28 billion in September amid higher gold imports.
- Maharashtra Govt lifts liquor ban on properties located near dam backwaters.
- #NSE faces around 170 million cyberattacks daily; employs a 24×7 team of “cyber warriors” to ensure secure operations.
- #Max Healthcare announces ₹5,000 crore expansion plan to build a pan-India presence, says MD Abhay Soi.
- India’s Tourism Sector expected to grow over 25% annually, says Union Minister Shekhawat.
- #SCI (Shipping Corporation of India) to receive government capital infusion for fleet modernization and expansion, says Minister Sarbananda Sonowal.
- #China’s Commerce Ministry condemns new US port fees on Chinese vessels, threatens countermeasures to protect national interests.
- #Moody’s Report – Global carmakers warn U.S. tariffs could slash 2025 operating profits by over $30 billion.
- #Silver Market traders rush to ship bars to London amid a historic short squeeze to meet delivery obligations.
- #UK Economy celebrates creation of 6,900 new jobs from Indian investments in tech, pharma, renewables, finance, and manufacturing sectors.
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