🗞️ Daily Business Brief – MAY 25 2025
- Coal India govt likely to divest 3–4% stake worth ₹10,000 crore via OFS; shares may be offered at attractive discount. Govt held 63.1% stake as of March 31, 2026.
- Awfis targets 25–26% revenue growth in FY27, focusing on premium workspace expansion.
- Vedanta Group Anil Agarwal outlines $20 billion investment plan over next 3–5 years as Vedanta prepares listing of four new companies.
- Tata Sons board reviewing business plans of key group companies including Air India & Tata Digital; Tata Sons listing issue also likely discussed.
- Union Bank board approves ₹3,000 crore fund raise via Rights Issue/QIP and up to ₹5,000 crore via debt instruments.
- Marico enters hair cleansing segment with launch of Parachute Advansed Protein Shampoo.
- Suprajit Engineering guides double-digit FY27 revenue growth with EBITDA margins of 12–13.5%; net debt at ~₹750 crore.
- Suprajit Electronics expects 20%+ revenue growth with double-digit margins.
- ONGC approves 50:50 JV with Gujarat Maritime Board for development of 5 MMTPA port at Dahej.
- Tata Elxsi launches VITEL™, a Viridium AI-powered material intelligence solution for the med-tech industry.
- Ethanol-Based Stoves can significantly reduce household cooking expenses, says Union Minister Nitin Gadkari.
- Black Box crossed $1 billion in FY26 order bookings, indicating strong revenue visibility for FY27 and beyond.
- Black Box FY26 order backlog rises 57% YoY to nearly $792 million (₹7,000 crore).
- Marine Electricals receives ₹96.4 crore order from Princeton Digital Group for power distribution systems.
- Tata Chemicals Gujarat High Court rejects company’s claim over legacy wastewater channels; GPCB directed to conduct environmental impact assessment.
- AXISCADES Tech to sell heavy engineering, automotive & energy engineering business to Akkodis in $30.63 million deal.
- Venus Pipes commences commercial production for seamless pipes/tubes, mother hollow pipes and fittings manufacturing capacities.
- Adani Green Energy commissions world’s largest single-location battery energy storage system of 3.37 GWh, boosting clean energy reliability.
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