🗞️ Daily Business Brief – MAY 21 2025
- FII/DII Flow FIIs net sold equities worth ₹1,891.21 crore while DIIs remained strong buyers with net purchases of ₹2,492.42 crore (provisional).
- Paytm SAIF Partners likely to sell 1.3% stake via block deal at around 3% discount.
- Maruti Suzuki to increase vehicle prices by up to ₹30,000 from June 2026 due to inflationary pressures and rising input costs despite operational efficiency efforts.
- Page Industries expressed confidence in sustaining growth momentum and managing inflationary pressures on key inputs. Sales volume rose 10.8% YoY to 54.5 million pieces. Board approved 4th interim dividend of ₹150/share for FY26.
- Page Industries reported its highest Q4 volume growth in the last three years.
- IndusInd Bank Moody’s affirmed Ba1 ratings and revised outlook to Stable from Negative.
- Piramal Finance plans to open around 180 additional branches in FY27.
- Apollo Hospitals said the Cradle business merger with Cloudnine at a 35x EBITDA multiple highlights strong asset value while retained stake and board representation strengthen focus on mother-child care and diagnostics.
- IDBI Bank government sources indicated that discussions related to the bank’s disinvestment process are ongoing.
- WeWork India management said FY27 begins from its strongest operating position with strong demand visibility, operating leverage, and long-term monetisation confidence.
- Indian Electronics Sector faces disruption risks from China export curbs as new rules restrict supply of critical machinery and components.
- Sudarshan Pharma approved migration of equity share listing and trading from the SME platform to the BSE main board.
- Tata Chemicals NA Soonawala opposed a Tata Sons IPO citing risks to group values, while reports suggest Tata Sons has adapted its structure to comply with regulations.
- Tata Motors PV & JSW MG Motor India witnessed strong EV demand amid rising petrol and diesel prices pushing customers towards electric vehicles.
- INOX India secured an order worth ₹322 crore.
- L&T Hyderabad Metro Rail project to avail ₹13,600 crore term loan from IRFC.
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