🗞️ Daily Business Brief – AUG 13, 2025
- Government to launch National Manufacturing Mission, draft to be released soon.
- ICICI Bank revises minimum monthly average balance for savings accounts: ₹15,000 for metro/urban, ₹7,500 for semi-urban, ₹2,500 for rural.
- Mahindra, Ola, Ather to launch new vehicles and concepts on Independence Day.
- Brigade Hotel partners with Marriott International to open six new hotels.
- Oswal Pumps bags ₹442 crore order from Maharashtra Government.
- Government likely to initiate roadshows in 2 weeks for LIC stake divestment; may sell 2.5–3% in first tranche.
- LIC currently 96.5% government-owned; SEBI deadline May 16, 2027 to raise public shareholding to 10% from 3.5%.
- Infosys to acquire 75% stake in Australia’s Versent Group from Telstra to boost AI-driven digital transformation.
- Zydus Lifesciences completes USFDA inspection at Ahmedabad plant with nil observations.
- China set to complete final review of India’s optical fiber imports.
- Rapido launches standalone food delivery app “Ownly”.
- Government likely to allow private firms in India to mine, import, and process uranium, ending state monopoly.
- Ola Electric expected to enter sports scooter segment on August 15 as part of portfolio expansion.
🔔 Stay tuned — informed choices create winning opportunities.
