🗞️ Daily Business Brief – FEB 26 2025
- FIIs & DIIs Flow – FIIs net sold ₹3,465.99 Cr while DIIs net bought ₹5,031.57 Cr in equities today (provisional).
- India–Israel Workforce Agreement – Both nations agree to allow 50,000 more Indian workers in Israel over the next 5 years, including manufacturing sectors.
- India–Israel Strategic Cooperation – Countries to collaborate on horizon scanning to enhance India’s strategic capabilities.
- India–Israel Defence & Trade – PM Modi highlights joint development of advanced weapon systems, UPI linkage, and early finalisation of a free trade pact.
- Vishal Mega Mart Block Deal – Samayat Services likely to sell up to 6.5% stake worth ~₹3,507–3,508 Cr at ₹115/share (9.8% discount).
- Jio Financial – Infuses ₹2,000 Cr into Jio Credit; Q3 profit reported at ₹269 Cr.
- OYO IPO Preparation – Parent company appoints former SEBI chief Ajay Tyagi to board ahead of IPO push.
- ED Action – Aircel Maxis Case – Charges framed against former FM P. Chidambaram alleging quid pro quo in 2006 deal approval.
- IOC Board Meeting – Board to meet on March 6 to consider second interim dividend.
- Info Edge Startup Investment – Commits ₹250 Cr to B8 Fund I; Q3 FY26 profit at ₹316.7 Cr and revenue at ₹819.4 Cr.
- Engineers India Dividend – Declares ₹1.5/share second interim dividend; record date March 6, 2026.
- Bharat Petroleum Global Expansion – Sets up Singapore arm for crude oil, gas and petrochemical trading.
- SEBI ETF Valuation Norms – Revises gold and silver ETF valuation using exchange spot prices from April 2026.
- Brigade Group Partnership – Ties up with Primus Senior Living to develop 3 senior communities; GDV estimated ₹750 Cr.
- HCLTech Collaboration – Partners IIT Kanpur to commercialise research into global tech solutions.
- HPV Vaccination Push – Health Ministry writes to states to accelerate free HPV vaccine campaign.
- RailTech Portal Launch – Ashwini Vaishnaw unveils RailTech Portal and e-RCT as part of reforms.
- NSE F&O Outlook – CEO expects decline in derivatives volumes after April tax hike.
- RVNL Orders – Bags multiple contracts worth ₹1,978 Cr from NMDC.
- Urban Company Stock Movement – Shares back to IPO price amid upcoming lock-in expiry events in March.
- Iran–US Talks – Iran signals flexibility in ongoing negotiations, says foreign ministry.
- Dynacons Systems Order – Wins ₹109 Cr order from Punjab & Sind Bank for private cloud infrastructure management.
- India–US Trade Talks – Commerce Minister Piyush Goyal engages with Howard Lutnick to expand economic partnership.
- TVS International Expansion – Enters South Africa with Bidvest partnership; launches seven new two-wheelers.
- Jindal Poly Legal Update – NCLAT dismisses plea challenging class action suit over alleged ₹2,000 Cr fund siphoning.
- Aster DM Healthcare Fundraise – Subsidiary plans to raise funds from potential investors.
- GMDC–NTPC MoU – Partnership for coal and lignite gasification projects.
- Netweb Technologies Partnership – Collaborates with Vertiv for AI data center rack solutions in India.
- MSTC Tender Win – Emerges L1 bidder for Coal India tender.
- Coforge Strategic Tie-up – Partners VHC Health to enhance provider experience solutions.
- Reliance Communications Probe – CBI conducts searches at Anil Ambani’s office/residence; second case registered based on Bank of Baroda complaint.
- IRCON Tax Demand – Faces ₹108.75 Cr VAT demand on Ganga bridge project; Patna HC dismisses challenge.
- Brigade Enterprises Expansion – Partners Primus Senior Living for senior housing projects in South India.
- Cholamandalam Finance Clarification – Confirms no change in management control amid exit speculation.
- N R Agarwal Industries – Receives GPCB approval for capacity enhancement to 10,000 MT/month.
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