🗞️ Daily Business Brief – NOV 20,2025
- US Fed Rate Update – Morgan Stanley drops December rate-cut call; now expects three cuts in 2026.
- Fed’s Hammack – Warns high inflation remains a major concern for the U.S. economy.
- PVR Inox – To add 100 screens in FY26; targets Tier-3 cities with affordable pricing (Source: NDTV Profit).
- Fed’s Barr – Signals caution on rate cuts amid persistent inflation pressure.
- U.S. Inflation – Fed Governor Barr notes inflation stuck near 3%, calls for careful policy ahead of December FOMC.
- Govt Sources – India to balance national interest and ease of doing business while allowing more FDI & FII flows.
- Zaggle Prepaid Ocean Services – Enters agreement with BIBA Fashion Limited.
- Adani Group – To sell stake in AWL Agri Business via ₹2,500-crore block deal.
- India–Israel – Sign Terms of Reference to start Free Trade Agreement negotiations.
- ED – Attaches fresh assets worth ₹1,452 crore linked to Anil Ambani’s Reliance Group.
- Jeh Aerospace – To set up 2nd manufacturing unit in Telangana; plans $50 million investment.
- Max Financial Services – Max Ventures to sell up to 0.46% stake via block deal; offer size ₹270 crore, floor price ₹1,675.5/share.
- JSW Energy – CoC approves resolution plan for Raigarh Champa Rail.
- TCS – Signs pact with TPG Terabyte Bidco to invest up to ₹18,000 crore in HyperVault for AI data centre development.
- Mahindra Group – M&M Finance and Mahindra Holidays rise 5% on strong group outlook.
- Lloyds Engineering – Shares rise after partnership with Poland’s Kliver Polska; two contracts worth $1,63,900 & €3,10,000.
- Goodluck India (Defence) – Bags $6 million order for 155mm M107 ready-to-fill shells.
- Sharda Cropchem – Stock up 2% as company plans to raise FY26 revenue growth guidance to 20%.
- Globus Spirits – Board approves fund raise up to ₹500 crore via QIP/other means; raises FPI limit to 20%.
- Marksans Pharma – Gets UK MHRA approval for Cetirizine Dihydrochloride (anti-allergy medication).
- Man Industries – Signs MoU with Aramco Asia to explore long-term supply contracts and potential Saudi manufacturing unit.
- Sandur Manganese – NCLT Bengaluru approves amalgamation of promoter entities into Lohagiri Industrials Pvt Ltd.
- 360 One WAM – Approves formation of wholly-owned fund management subsidiary in GIFT City.
- IRB Infra – IRB InvIT invited to consider acquiring VM7 Expressway project post board approval.
- Hyundai Motor – Invests ₹214.7 million as second tranche into FPEL TN Wind Farm.
- EPACK Prefab Technologies – Signs MoU with Mascot South Asia LLP; first phase adds 50,000 tons PEB capacity with ₹110-crore investment.
- Transrail Lighting – Bags ₹548-crore orders including international transmission line project in MENA region.
- Tilaknagar Industries – Enters premium whisky market with launch of Seven Islands Pure Malt Whisky.
- Blue Cloud Softech Solutions – Signs MoU with AP Economic Development Board to invest ₹400 crore in healthcare tech.
- Oil & Refining Sector – Singapore GRM rises to $9.96/bbl, highest since Sept 2023; CPCL, MRPL, IOC, BPCL in focus.
- VA Tech Wabag – Wins ADB-funded DBO order worth USD 30–75 million for 255 MLD Sundarijal Water Treatment Plant in Nepal.
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