🗞️ Daily Business Brief – AUG 21, 2025
- NTPC Green commissions 49 MW in phase 3 of Gujarat’s Khavda solar project.
- Enviro Infra acquires renewable energy firm Vento Power for ₹116 crore.
- Texmaco bags order worth over ₹100 crore for wagons and brake systems.
- Wipro to acquire 100% stake in Harman Connected Services for $375 million.
- Vedanta approves 2nd interim dividend of ₹16/sh for FY26; total payout ₹6,256 Cr. Record date August 27, 2025. Promoter to receive approx ₹3,527 Cr aiding parent-level deleveraging.
- Pharma PLIs exceed targets, boosting investments & capacity, though China dependence persists.
- IDBI Bank shares jump 9% after DIPAM Secy shares timeline for due diligence completion.
- Laurus Labs to demerge Unit-1 of Laurus Synthesis with Sriam Labs; remaining business to merge back with company. Appointed date April 1, 2026.
- DIPAM Secy says RFP process completed; transaction details for LIC stake sale to be out soon. Move aimed at meeting minimum public shareholding norms.
- Online Gaming Bill, 2025 passed by Rajya Sabha after Lok Sabha clearance; awaits presidential assent.
- Paras Defence bags ₹45 cr order from BEL for supply of processing & multi-sensor fusion system.
- Sula Vineyards denies reports of entering premium spirits market via acquisition; calls speculation factually incorrect.
- Concord Biotech says EU GMP completed first inspection at its API facility in Limbasi.
- GST Rationalisation: Bihar Dy CM says GoM recommends scrapping 12% & 28% slabs; move towards 2 slabs. FMCG & Auto stocks in focus.
- DIPAM Secy updates: Due diligence for IDBI Bank divestment nearly complete; process expected to close by September. LIC stake sale also part of divestment plan.
- IndusInd Bank signs MoU with NSIC to strengthen MSME credit access.
- Shrimp Industry: USFDA flags Indonesian shrimp sold at Walmart for radioactive contamination. Negative for Indonesia, positive for Indian exporters.
- IRFC executes refinancing facility of up to ₹1,125 cr for Bhartiya Rail Bijlee Company.
- Transrail Lighting secures orders worth ₹837 cr for domestic transmission lines & international supplies.
- SEBI mulls extending F&O tenure; proposal under discussion to move away from weekly to only monthly expiries.
- China opens markets for Indian goods amid Trump’s new tariffs on India; potential boost for Indian exporters.
- Affle 3i secures two global certifications in data privacy & information security.
- Waaree Energies clarifies reports of Enel Green Power deal collapse; says certain terms under review, discussions ongoing.
- Apollo Micro Systems declared lowest bidder for ₹25.12 cr orders from DRDO & Defence PSUs.
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