🗞️ Daily Business Brief – FEB 23 2025
- Waaree Energies bags 500 MW solar module supply order from an IPP for FY26–27.
- Amazon opens its second-largest Asia office in Bengaluru; total India investment exceeds $40 billion with an additional $35 billion commitment by 2030.
- HFCL & IIT Delhi collaborate on optical fibre technologies to support future 6G and quantum communication systems.
- Canada PM Mark Carney to visit India from Feb 26 as part of a multi-country tour; focus on trade, energy, AI, defence and talent partnerships.
- Bharti Airtel to invest ₹20,000 crore into NBFC arm Airtel Money to accelerate digital lending after RBI licence approval.
- Global Tariffs rise to 15% after U.S. Supreme Court setback; uncertainty persists over refunds and implementation timelines.
- Lupin receives European Commission approval for biosimilar ranibizumab Ranluspec.
- CONCOR & Vizhinjam Port partner to develop a new cargo facility in Kerala.
- Narayana Health targets growth via GCC expansion, insurance partnerships and UK business turnaround over the next three years.
- HAL clarifies no crash of LCA Tejas; incident was a minor technical issue on the ground.
- Patel Engineering secures ₹910 crore order from Himachal Pradesh Power Corporation.
- Olectra Greentech wins ₹1,800 crore Telangana e-bus order for 1,085 buses; shares rise over 4% intraday.
- LTIMindtree signs $100 million, 7-year MedTech deal with a European firm; stock down 18.10% in the past month.
- Hindustan Zinc partners with Tripura Group to set up a manufacturing unit at Zinc Park in Rajasthan.
- PACE Digitek receives ₹158.71 crore purchase order from Reliance Industries for Li-ion 48V battery packs.
- JSW Infrastructure subsidiary JSW JNPT receives completion certificate for liquid cargo berths; capacity rises to 181.4 MTPA.
- Chalet Hotels approves 330-room luxury hotel with commercial space in Madhapur, Hyderabad; investment ₹633 crore.
- Krsnaa Diagnostics allots ₹430 crore secured NCDs to Asian Development Bank; 7-year tenure at 7.79% interest.
- NBCC receives ₹76.27 crore work orders from Dharanidhar University for academic and hostel infrastructure.
- Waaree Energies signs electrolyzer-as-a-service agreement for 2.5 MW and MoU to supply 50 MW electrolyzers supporting green hydrogen initiatives.
- Intellect Design Arena & IDCUBE launch Purple Fabric-powered enterprise security Teamspace integrating agentic AI for physical security operations.
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