🗞️ Daily Business Brief – SEP 01, 2025
- India-US Trade – US President Donald Trump says India’s tariff elimination offer is long overdue as US exports to India remain limited due to high tariffs.
- Real Estate Push – DLF, Prestige, Godrej lead ₹1.49 lakh crore FY26 pre-sales drive; Macrotech Developers targets ₹21,000 cr (19% growth), Signature Global ₹12,500 cr (21% growth), while Kolte Patil & Sobha eye 59%+ growth.
- Mumbai Property – Registrations cross 11,000 in August; state revenue at ₹1,000 crore.
- GST Proposal – Govt may reduce GST on ACs, TVs, and cement to 18% from 28% (RTRS).
- GST on Vehicles – Proposal to cut GST on small hybrid cars & most motorcycles to 18% from 28% (RTRS).
- Copper Market – Copper edges up toward $10,000 as demand drives monthly gains; Hind Copper & Vedanta in focus.
- Aditya Birla Capital – Vishakha Mulye appointed MD & CEO for 5 years w.e.f. Sept 1, 2025. Rakesh Singh appointed Executive Director & CEO (NBFC) from the same date.
- IGL – Signs JV with Rajasthan Rajya Vidyut Utpadan Nigam (RVUNL) for a solar project.
- NMDC – Aug iron ore production up 10% YoY; sales up 8% YoY.
- RBI Data – Apr-Jun current account deficit at $2.4 bn vs $8.6 bn YoY; 0.2% of GDP vs 0.9% YoY.
- Bharat Electronics – Secures fresh orders worth ₹644 crore.
- Puravankara – Arm secures Malabar Hill redevelopment project with GDV potential of ₹2,700 cr.
- UBL – Commences Kingfisher beer production at Ilios Brewery, Andhra Pradesh.
- UPL – Subsidiary acquires 49% stake in Grow Chemical Co, Thailand.
- Coal India – Aug production up 9.4% at 50.4 mt; offtake up 7.6% at 56.7 mt YoY.
- NMDC August Update – Production up 9.8% YoY at 3.37 mt; sales up 8% YoY at 3.39 mt.
- RPP Infra – Shares surge 20% after ₹1,126 cr order win from BHEL.
- Online Gaming – IT Minister Ashwini Vaishnaw meets industry reps to discuss eSports, social games, user protection, and compliance with Online Gaming Act 2025.
- Hyundai Motors – Aug sales at 60,501 units vs CNBC-TV18 poll of 62,000; down 4.2% YoY.
- Adani Green – Subsidiary operationalises 125 MW solar project at Khavda, Gujarat.
- MobiKwik – Shares jump over 12% on highest volumes in 2 months.
- Tata Motors – Aug sales at 73,178 units vs poll of 69,670; up 2% YoY. CV sales up 10% YoY; PV (incl. EVs) sales down 3% YoY.
- GH2 Solar – To invest ₹400 cr in electrolyser unit; IPO planned for 2026.
- Maruti Suzuki – Aug sales at 1.81 lakh units vs poll of 1.84 lakh; down 0.6% YoY. Domestic sales down 7.1% YoY, exports up 40.5% YoY.
- Export Diversion – India diverted exports of 15 products before US tariffs; exports to US fell 5–22% Apr–Jun, even as overall Apr–Jul exports rose 21.6% YoY.
- Royal Enfield – Aug sales 1.14 lakh units vs poll of 1 lakh; up 55% YoY. Exports up 39% YoY.
- VECV – Aug sales up 9.5% YoY at 7,167 units.
- Mahindra & Mahindra – Aug auto sales at 75,901 units vs poll of 79,167; flat YoY. Domestic PV sales down 9% YoY; 3W sales up 13% YoY; exports up 16% YoY.
- TVS Motor – Aug sales at 5.09 lakh units vs poll of 4.57 lakh; up 30% YoY. Two-wheeler sales up 30% YoY; exports up 35% YoY; EV sales up 1.45% YoY; 3W sales up 47% YoY.
- Ashok Leyland – Signs long-term exclusive partnership with China’s CALB group for EV battery ecosystem; to invest ₹5,000+ cr over 7–10 years.
- US Market – Stock market reaches most expensive level in history, surpassing dot-com era and 1929 peak.
- Prestige Estates – Issues ₹1,000 cr corporate guarantee for subsidiary’s loan and construction finance.
- CEAT – Completes acquisition of Michelin’s Camso Construction Compact Line business; secures Sri Lanka plants, Camso brand rights, and 40+ OEMs; $171m deal.
- Websol Energy – Board approves 1:10 stock split, ₹3,000 cr solar expansion plan.
- BLS International – Subsidiary acquires Consular Outsourcing Services Kenya Ltd; becomes wholly owned step-down subsidiary.
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