🗞️ Daily Business Brief – FEB 17 2025
- FIIs & DIIs Activity FIIs net bought ₹995.21 Cr and DIIs net bought ₹187.04 Cr in equities today (provisional).
- AI Services Opportunity Nasscom–McKinsey report sees incremental AI-first services opportunity of $300–400 billion by 2030; Infosys unveils AI-first value framework to tap over $300 billion market.
- Bosch Management Change Karin Gilges resigns for global Bosch Group role; Tillmann Olsen appointed CFO from June 1, 2026 to ensure continuity.
- RBI Govt to conduct conversion/switch of ₹25,000 crore securities on Feb 23.
- Dabur Management Update Herjit Bhalla appointed CEO – India Business w.e.f April 15, 2026; Mohit Malhotra re-appointed Global CEO w.e.f Feb 17.
- GR Infraprojects Bags ₹1,897 crore West Central Railway EPC contract in Madhya Pradesh with 900-day completion timeline.
- IIFL Finance ₹500 crore NCD base issue fully subscribed within hours; shares closed at ₹517, up 1.21% on BSE.
- Iran–US Talks Second round of nuclear talks begin in Geneva; negotiations may continue Wednesday.
- Maruti Suzuki Launches e-Vitara starting ₹11 lakh; Battery-as-a-Service model at ₹3.99/km.
- SRF Promoter Kama Holdings to sell 3% stake in open market by March 2027.
- Kalyan Jewellers Promoter bought additional 4.65 lakh shares; total 9.25 lakh shares accumulated since Feb 9.
- Highway Infrastructure Shares surge after ₹154.6 crore NHAI contract for Vadodara–Mumbai Expressway fee plazas.
- India–France Defence Nations extend defence cooperation agreement for another decade.
- Adani Green Energy Subsidiary incorporates wholly-owned renewable arm ‘Skyspin Energy Limited’.
- Iran Foreign Minister Says new window of opportunity has opened; hopeful for sustainable negotiated solution.
- BHEL Receives LoA from SAIL for order valued ₹12–15 billion.
- Asian Granito India NCLT approves scheme of arrangement for company and Adicon Ceramics.
- Hexaware Tech Partners with Replit to drive enterprise AI prototyping to production solutions.
- Adani Enterprises Adani Road Transport acquires 49% stake in Sree Vishwa Varadhi via fresh equity subscription.
- France–India Rail Collaboration Macron signals interest in partnering on high-speed rail projects (Siemens, BHEL, Titagarh, RVNL, IRCON).
- Critical Minerals France to sign roadmap with India on raw materials (GMDC, MOIL, Vedanta, NMDC).
- JPMorgan View Software stock selloff seen as overdone amid exaggerated near-term AI disruption fears.
- Dilip Buildcon Declared L1 bidder for ₹668.02 crore Narmada flood protection EPC project in Gujarat.
- Allcargo Logistics Expands trans-shipment centres from 21 to 71 and serviceable pin codes from 4,900 to 10,000+.
- Adani Enterprises (AI Infra) Commits $100 billion to renewable-powered AI data centres by 2035; aims to catalyze additional $150 billion ecosystem with Google & Flipkart partnerships.
- VA Tech Wabag In focus after Delhi flags ₹1,075-crore PWD and drainage works in East Delhi.
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