🗞️ Daily Business Brief – NOV 17,2025
- Emcure Pharma Block Deal – BC Investments likely to sell up to 2% stake (₹493 Cr); floor price ₹1,296.5/sh.
- JSW Energy – CFO Pritesh Vinay resigns to pursue opportunities outside JSW Group.
- Kevin Hassett – Says US-India deal is close; relationship has many variables but discussions progressing positively.
- Infosys – Launches AI-first GCC model to transform global capability centres.
- PayU – Receives RBI approval to operate as online, offline & cross-border payment aggregator.
- JSW Infra – To acquire 51% stake in Oman port SPV; commits $419 mn for development.
- Electronics Component PLI – Projects worth ₹7,172 Cr cleared; industry leaders discuss business impact and next steps.
- Gold & Silver Imports – Sharp rise in October; pushing India’s trade deficit higher.
- Mphasis – Blackstone – Blackstone likely to trim stake via block deal; holds 40.1% through BCP TOPCO IX PTE LTD.
- HCLTech & Nvidia – Launch innovation lab in Santa Clara to scale physical AI & cognitive robotics.
- Exports & Imports – Exports down 11.8% YoY to $34.38 bn; imports up 16.64% to $76.06 bn; trade deficit jumps 58.9% YoY.
- Commerce Ministry – Gold imports rise to $14.72 bn (vs $4.92 bn YoY); silver imports jump to $2.72 bn (vs $0.43 bn YoY).
- Puravankara – Signs lease agreement with IKEA for retail space at Purva Zentech Park, Bengaluru.
- AMFI – To submit feedback to SEBI on TER reduction proposal; may suggest TER cap start at ₹2,000 Cr AUM instead of ₹500 Cr.
- Uday Kotak – Says era of “lazy banking” is over; fintech competition & regulations eroding banks’ traditional moat.
- Pace Digitek – Strong order book of ₹5,869 Cr in energy segment over last year; targeting ₹8,000 Cr by Mar’26.
- Archean Chemical – Subsidiary launches groundbreaking for SiC semiconductor fab & ATMP unit in Bhubaneswar.
- Craftsman Auto – PI Opportunities AIF V LLP buys 1.48 lakh shares via open market.
- India Borrowers Stress – Nearly 60% struggling to repay loans; rising rates & BNPL misuse pushing people into debt traps; regulator flags recovery-agent harassment.
- Angel One – Group General Counsel Meenal Maheshwari Shah resigns.
- India–US Trade Deal Update – Reciprocal tariff agreement expected; multiple-package BTA likely; talks in final stages with no fixed deadline.
- DCX Systems – Subsidiary Raneal Advanced Systems receives orders worth ₹64.4M + ₹164.5M.
- Cyient – Launches India’s first-generation IP-powered silicon chip ARKA GKT-1 with Azimuth AI; aimed at edge AI & smart-energy applications.
- KEC International – Secures orders worth ₹1,016 Cr.
- Dixon Technologies – In focus as Ashwini Vaishnaw says India targets 30% of global laptop production.
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