🗞️ Daily Business Brief – APR 08 2025
- FII/DII Flow FIIs net sold ₹2,811.97 crore while DIIs net bought ₹4,168.17 crore in equities today (provisional).
- World Bank – South Asia Growth Outlook Growth may slow to 6.3% in 2026 from 7% in 2025 amid energy disruptions; expected to recover to 6.9% in 2027 led by India but risks remain from conflicts, climate shocks and policy uncertainties.
- Ministry of Petroleum & Natural Gas Gas allocation to fertilizer plants increased by 5% to ~95% of six-month average consumption effective April 9, 2026.
- ITC Hotels Block Deal GQG Partners Equity Fund sold 1.3 crore shares (0.62% equity) worth ₹197 crore.
- HPCL Rajasthan Refinery Union Cabinet approved ₹79,459 crore investment for integrated refining and petrochemical complex at Pachpadra, Barmer.
- Bosch India Approved ₹9,068.68 crore acquisition of Bosch Chassis Systems India to strengthen automotive safety and braking business.
- US–Iran Developments US to discuss tariff and sanctions relief with Iran; countries supplying arms to Iran may face 50% tariffs without exemptions.
- US–Iran Ceasefire Two-week ceasefire agreement announced; markets reacted positively with oil falling and equities strengthening.
- Cabinet Decisions Approved ₹41,534 crore nutrient-based subsidy for Kharif season and ₹40,176 crore for two hydel power projects in Northeast India.
- Poonawalla Fincorp Company likely to launch QIP to raise ~₹5,000 crore; earlier board approval allowed fund raise up to ₹5,500 crore.
- West Asia Update Iran President credited ceasefire progress to leadership sacrifices following acceptance of general principles by Iran.
- Titan Company Shares hit record high after strong jewellery business Q4 growth; analysts largely maintain positive outlook despite West Asia risks.
- ACME Solar Holdings Commissioned additional 4 MW wind capacity in Gujarat; subsidiary capacity reaches 96 MW out of 100 MW project.
- Saudi Oil Pipeline Damage from drone strike reported limited.
- RITES Contract value for Utkal-D coal mines railway siding project increased to ₹118.89 crore from ₹79.73 crore.
- India & China Oil Imports Both countries began immediate shipments of Iranian crude after announcement of US-Iran ceasefire agreement.
- Clean Science & Technology Investing ₹50 crore in subsidiary Clean Fino-Chem via rights issue to fund specialty chemicals expansion.
- NTPC Dadri thermal Units 5 & 6 uprated to 500 MW each; group installed capacity rises to 89,128 MW.
- NHPC Investment approval received for 1,720 MW Kamala Hydroelectric Project with total outlay of ₹260.7 billion.
- Jet Airways Liquidator completed e-auction of two Boeing 777 aircraft; ACE Aviation XIV & XV emerged successful bidders for ₹568.18 crore.
- Lupin Received US approval for Dapagliflozin and Metformin Hydrochloride tablets.
- Redtape Acquired international sports brand Sprandi rights for India, Nepal, Bhutan and Sri Lanka; large-scale launch planned across online and retail channels.
- Coal Exports – India Government evaluating coal export opportunities after meeting domestic demand.
🔔 Stay tuned for daily insights into India Inc, markets & macro stories!
