🗞️ Daily Business Brief – DEC 02, 2025
- Canara Bank raises ₹3,500 crore via Basel III Additional Tier I bonds at 7.55%.
- HCC launches ₹1,000 crore rights issue; check entitlement, record date, and full details.
- Maruti e-Vitara secures 5-star Bharat NCAP rating; becomes fourth Maruti to achieve full marks.
- Asian Paints CEO Amit Syngle highlights strategy for navigating two turbulent years with excellence-focused execution.
- KPI Green wins ₹489 crore order for 110 MW floating solar project.
- India’s sugar output jumps 43% in Oct–Nov driven by strong Maharashtra performance.
- Government clarifies no proposal to raise FDI limit in public sector banks.
- KPIT Technologies bags order worth ₹489 crore from GSECL.
- Shree Cement reports demand improvement post Bihar elections & festive season; FY26 volume guidance 36 MT, EBITDA ₹1,100–1,200/tonne; shifts to value + volume strategy.
- Russia–India Kremlin confirms major documents to be signed during Putin’s India visit; exploring higher imports from India; temporary dip in oil trade possible.
- NHAI & Reliance Jio partner to roll out telecom-based safety alerts on national highways.
- EV Manufacturing Scheme receives no applications; deadline expired in October 2025.
- Motilal Oswal Financial Services to issue debentures up to ₹3 billion.
- Dr. Reddy’s / Aurigene Oncology announces positive early Phase 1 data for AUR112; 63.6% response rate in lymphomas; shows safety and objective responses.
- Adani Green Energy incorporates two new subsidiaries — Urjasetu Renewables & Hydrobloom Power — to expand renewable energy portfolio.
- Maruti Suzuki invests ₹2.5 billion to deploy 2,000 EV charging points across India.
- Hindustan Copper & NTPC Mining sign MoU for joint copper & minerals block auctions; aim for collaborative mining investments.
- Deep Industries acquires 70% stake in DNRL, making it a subsidiary.
- NLC India appoints Rajesh Pratap Singh Sisodia as Director (P&P); previously served as Executive Director at BHEL.
- India SEZ Bill likely to be pushed in Parliament to support exporters (Source: CNBC-TV).
- Bikaji Foods invests additional $250,000 in US subsidiary Bikaji USA; maintains full 100% holding.
- RPP Infra Projects secures orders worth ₹259.9 million.
- IRFC signs $300 million loan agreement with Sumitomo Mitsui Banking Corporation.
- Mold-Tek Packaging signs MoU with Vibe Generation Holdings (UK) to produce high-precision caps & closures; potential revenue $25–30 million over 5 years; expands high-margin segments.
- Russia confirms S-400 will be discussed during President Putin’s India visit.
- Swiggy plans $1.1 billion share sale next week (Bloomberg).
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