🗞️ Daily Business Brief – Dec 29, 2025
- FII–DII Activity FIIs net sold ₹2,759.89 crore, while DIIs net bought ₹2,643.85 crore in equities (provisional).
- Waaree Energies – Management Change Amit Paithankar resigns as CEO w.e.f. May 15, 2026; Jignesh Rathod to take over as CEO from the same date.
- PM–Economists Meet PM Modi to meet economists at NITI Aayog to discuss the upcoming Union Budget.
- Waaree Energies – Capacity Expansion Company arm commissions a 3.05 GW solar inverter manufacturing facility in Gujarat.
- RBI Banking Report FY25 RBI releases “Trend & Progress of Banking in India 2024–25”; banking sector remains resilient with double-digit balance sheet growth.
- SCBs Performance Scheduled Commercial Banks’ deposits and credit grow in double digits, though slower compared to FY24.
- Urban Co-Op Banks Urban cooperative banks report faster balance-sheet growth; asset quality improves for the fourth consecutive year.
- NBFC Sector NBFCs post double-digit credit growth, maintain strong capital buffers, and show improved asset quality.
- IIP Data November IIP at 6.7% vs 0.4% MoM, marking the highest IIP growth in the last two years.
- Defence Acquisition Defence Acquisition Council approves proposals worth ₹79,000 crore to acquire weapons, including tank upgrades, missiles, and AWACS systems.
- Muthoot Microfin Individual loan AUM crosses ₹1,000 crore; total assets exceed ₹13,000 crore.
- Hindustan Zinc Shares snap four-day gaining streak, tracking decline in silver prices after a new 52-week high.
- Coforge AI deal seen as sensible, though tier-1 IT firms retain an edge, says Wedbush’s Moshe Katri.
- India–Australia Trade Australia to scrap tariffs on all Indian exports from January 2026 under the ECTA agreement.
- Linde India Abhijit Banerjee resigns as MD; board appoints Milan Sadhukhan as new MD effective January 1.
- Gold & Silver Update Gold and silver prices on MCX trade below the day’s highs; silver underperforms.
- Hindalco / Novelis Novelis signs subscription agreement with AV Minerals; AV Minerals to buy 5 million Novelis shares for $750 million.
- Lloyds Engineering Works Board approves draft scheme of merger by absorption of LICL, MHPL, and TIPL.
- NHPC Company’s shareholding in Ratle Hydroelectric Power Corp reduces from 59.51% to 49.72%.
- Grasim Industries EMIL Renewable Energy transferred on slump-sale basis; scheme of arrangement approved with EMIL and Aditya Birla Renewables.
- Lupin Company signs exclusive licensing agreement with GAN & Lee Pharmaceuticals for a novel GLP-1 receptor agonist.
- Afcons Infrastructure Breakthrough achieved in CIDCO water tunnel project; company offers to complete the project six months ahead of schedule.
- Endurance Technologies Italy Chamber of Commerce approves merger of company units with Endurance Castings.
- RVNL Company emerges as the lowest bidder for a ₹2.01 billion project.
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