🗞️ Daily Business Brief – NOV 05,2025
- Rakshit Hargave appointed Executive Director & CEO of Britannia w.e.f Dec 15.
- Tata Trusts faces reset after Mehli Mistry exit; experts expect stable structure ahead.
- RBL Bank Block Deal M&M likely to sell entire 3.45% stake; ₹317/sh floor price (2.1% discount); ~64% return on original ₹417 cr investment.
- Zydus Life receives EIR for SEZ-II plant (Ahmedabad); USFDA pre-approval inspection concludes with NIL observations.
- TCS & ABB expand 18-year partnership to modernise IT & strengthen digital operations.
- Marksans Pharma UK arm gets MHRA nod for Exemestane 25mg tablets used in postmenopausal breast cancer treatment.
- Global Chip Sell-off ~$500 billion wiped out as correction spreads from US to Asian markets.
- Paytm partners with Groq to enable real-time AI for payments & platform intelligence.
- US Elections Democrats sweep across key states incl. NY & VA; economy & voter turnout in spotlight.
- Asian Markets extend Wall Street losses; South Korea leads the decline.
- EaseMyTrip signs deals to acquire stakes in 5 companies to diversify business operations.
- Force Motors total sales up 32.1% YoY at 2,835 units vs 2,146 units.
- India sees sustained growth from capex push: FM Nirmala Sitharaman.
- Hyundai Motor India banks on new-gen Venue + strong pipeline to drive growth.
- PLI Scheme (Steel) 3rd round launched; incentives to begin FY 2026-27.
- TCS & Morrisons partner to enhance customer experience transformation.
- Zydus Life gets tentative USFDA nod for Budesonide delayed-release capsules (GI/Kidney inflammatory treatment).
- Sun Pharma open to expanding manufacturing presence in the U.S.
- Nazara Technologies unveils new brand identity “Enter. Magic.” marking 25-year journey.
- Godrej Industries reports ₹8 cr raw material transit loss; no material impact on operations.
- MapmyIndia wins Survey of India project to develop national geo-spatial platform.
- Delhivery to form subsidiaries in UK & UAE to expand global logistics.
- PSP Projects shareholders approve amended Articles including special rights for Adani Infra.
- Lupin receives EIR from USFDA for Pithampur Unit-3 facility.
- Mphasis launches campaign “AI Without Intelligence Is Artificial™”.
- Bharat Forge to consider fundraising via loans & debentures.
- Adani Enterprises incorporates Brahmani Barrage Water unit.
- United Spirits begins strategic review of Royal Challengers Sports; completion expected by Mar 31, 2026.
- Grasim sees continued double-digit growth in paints; specialty chemical margins under input cost pressure; cement capacity to reach 240.8 MTPA by Mar-28.
- Andhra Sugars approves 10 TPD compressed bio-gas plant at cost of ₹470M.
- GSFC appoints IAS Manoj Kumar Das as Director & Chairman.
- Venus Pipes starts operations at 1,800 MTPA seamless pipe unit in Gujarat.
- Grasim Industries to acquire 26% in 3 renewable SPVs for captive energy supply across multiple states.
- MIC Electronics to raise ₹2.5B via QIP + up to $15M via FCCBs.
- Paradeep Phosphates signs Rahul Dravid as brand ambassador for sustainable farming solutions.
- Adani Energy Solutions to supply 60 MW green energy to RSWM; ₹600M investment for 315.3M annual units.
- Deepak Fertilisers raises stake in Platinum Blasting to 100% for ₹628M.
- Vinati Organics completes Phase-1 ATBS expansion; adds 10,000 MTPA capacity.
- Yatharth Hospitals appoints Ramesh Krishnan as Independent Director.
- Intellect Design Arena appoints Rakesh Srivastava as President & CRO for Americas.
- CEAT approves ₹34M investment in Tyresnmore.
- Granules receives EIR for PAI; 1 observation resolved.
- Marksans Pharma (Relonchem UK) receives marketing authorization for Exemestane 25mg tablets.
- US Government Shutdown continues; now the longest in history.
🔔 Stay tuned for daily insights into India Inc, markets & macro stories!
