🗞️ Daily Business Brief – FEB 19 2025
- FIIs & DIIs Activity FIIs net sold ₹880.49 Cr while DIIs net sold ₹596.28 Cr in equities today (provisional), indicating cautious sentiment despite selective stock action.
- Waaree Energies ₹8,000 Cr Battery Plan Company clarifies talks underway with Andhra Pradesh and other states for a greenfield 20 GWh battery facility; stock closed 3.12% lower at ₹2,871 on NSE.
- KEI Industries on Data Centre Opportunity Data centre investments projected at $30–35 bn by FY31 (8–10 GW capacity); cables form 3–5% of cost, with ₹3,500–4,000 Cr cable demand per GW.
- Aurobindo Pharma GST Demand Faces ₹169.83 Cr GST demand over disputed ITC refunds; company challenging order in Telangana High Court.
- Mahindra–Embraer Defence Tie-up Plan to establish C-390 Millennium MRO facility in India, supporting IAF’s Medium Transport Aircraft program and localisation push.
- Reliance & Jio ₹10 Lakh Cr AI Investment Mukesh Ambani says RIL & Jio to invest ₹10 lakh crore over 7 years; aims to position India as global AI powerhouse and create high-skilled jobs.
- Pine Labs & OpenAI Collaboration Partnership to engineer agentic commerce solutions tailored for India’s digital ecosystem.
- Delhivery & Nvidia Building AI-powered location intelligence stack for Bharat leveraging Nvidia capabilities.
- OpenAI Anchor Client for TCS Data Centre OpenAI becomes first anchor customer for TCS’ AI-focused data centre infrastructure.
- SpiceJet Fleet Expansion Receives MoU for 10 aircraft; plans to more than double capacity and scale fleet to 60 aircraft this year.
- TCS & Tata Communications AI OS Companies building AI operating system solutions for industries to accelerate enterprise transformation.
- Global Geopolitical Watch Trump reiterates Iran nuclear stance; signals diplomacy first. Markets remain headline-driven; oil, gold, USD volatile while equities sensitive to updates.
- Zydus Lifesciences USFDA Update Injectable plant inspection at Ahmedabad closed with zero observations — regulatory positive.
- India Nippon Electricals Growth Q3 sales up 27% YoY; YTD sales up 26%, outperforming 2W industry growth of 14%.
- Texmaco–RVNL Strategic Rail JV Texmaco (49% stake) partners with RVNL for advanced rail solutions under strategic collaboration.
- India–France Strategic Developments Macron says India exploring Rafale co-production, submarine deal talks ongoing; Indian investors to attend Choose France event; Modi visit ahead of G7 meet.
- Voltas & Blue Star Data Centre Cooling Push Companies expanding chillers and cooling solutions as India targets 2+ GW data centre capacity by 2026.
- Puravankara Launch – Bengaluru Launches Purva Silversky in Electronic City (6.99 acres, 356 residences, 32-storey towers); pricing ₹12,100+ per sq ft; completion by 2030.
- Mahindra Holidays Expansion Launches Club Mahindra Nadiya Parao in Jim Corbett; targets 1,000 room additions by FY26 and 12,000 keys by FY30.
- GMDC in Focus India in discussions with U.S. for critical mineral resources collaboration, as per Mines Minister.
- Broker Lobby on RBI Rules Industry body seeks six-month deferment of recent RBI implementation norms.
- Lupin USFDA Inspection USFDA inspects Goa unit; quality control lapses flagged as per media reports.
- INOX Green NCLT Win INOXGFL Group wins NCLT bid for Wind World’s 600 MW IPP and 4.5 GW O&M portfolio.
- TCS–OpenAI AI Infrastructure Partnership Multi-year partnership; initial 100MW AI infra build with option to scale to 1 GW; Tata Group employees to access Enterprise ChatGPT for productivity acceleration.
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