🗞️ Daily Business Brief – APR 12 2025
- US–Iran Tensions US President Donald Trump announced a naval blockade of the Strait of Hormuz, warning of possible military escalation and calling Iran’s nuclear stance “world extortion.”
- US–China–Iran Geopolitics Trump warned China of “big problems” if it supplies air defence systems to Iran, amid concerns over stability of the fragile US–Iran ceasefire.
- Muthoot Finance Board approved interim dividend of ₹30 per equity share (300%) for FY26.
- Mahindra & Mahindra Reported higher March 2026 production and sales led by utility vehicles; exports showed mixed trends.
- Lupin Launched dapagliflozin tablets (5 mg and 10 mg) in the US after receiving USFDA ANDA approval.
- Torrent Pharmaceuticals USFDA inspected Bileshwarpura oncology facility in Gujarat from April 6–10, 2026.
- Adani Green Energy Operational capacity increased 35% YoY to 19.3 GW in FY26 after adding 5.1 GW greenfield capacity.
- AstraZeneca Pharma India Received CDSCO approval to import Acalabrutinib (Calquence) tablets 100 mg for an additional indication.
- Larsen & Toubro Subsidiary L&T Realty acquired 100% stake in International Green Scapes Ltd.
- Swiggy Co-founder Nandan Reddy stepped down from the company’s board to pursue independent projects.
- GIC Re Received income tax demand notice of ₹350.47 crore for Assessment Year 2023–24.
- Enviro Infra Engineering Secured two EPC contracts worth ₹972 crore under Swachh Maharashtra Mission.
- Adani Energy Solutions Crossed 1 crore smart meters installed; transmission network reached 27,949 ckm in FY26.
- Macro Alert – Rising Oil Prices Higher crude prices may widen India’s CAD to ~2% of GDP amid West Asia tensions and import dependence.
- Tata Consultancy Services Nashik IT unit harassment probe led to arrests of 6 employees and 1 HR official; SIT investigation ongoing and employees suspended.
- Fisheries Export Sector Exports increased from ₹60,000 crore to ₹68,000 crore following US tariff changes (beneficiaries: Avanti Feeds, Apex Frozen Foods, Kings Infra Ventures).
- Government Policy India raised diesel export duty from ₹21.5/litre to ₹55.5/litre.
- Adani Enterprises Incorporated four wholly owned real estate subsidiaries: AMACL, AJACL, ALACL and ATACL.
- Panacea Biotec Received ₹20.79 crore vaccine supply order from CMSS; execution from September 2026 to December 2028.
- NTPC THDC India declared COD for 250 MW Unit 4 of Tehri PSP; group installed capacity reached 89,378 MW.
- Zaggle Prepaid Ocean Services Signed agreement with Generali Central Insurance for Zoyer platform deployment over two years.
- One 97 Communications (Paytm) Incorporated PT Paytm Indonesia Teknologi as step-down subsidiary with ₹8.15 crore investment.
- Craftsman Automation Completed exit from RC Green Powers; no material impact on operations.
- Ambuja Cements Amalgamation of Penna Cement Industries became effective April 10, 2026 following NCLT approval.
- Modern Engineering & Projects Secured ₹60 crore road construction order from Tata Steel at Neelachal Ispat Nigam expansion project.
- 3i Infotech US subsidiary secured ₹2.76 crore order from a US credit union.
- Advait Energy Transitions Emerged L1 bidder for DGVCL 11kV MVCC turnkey contract under Vanbandhu Kalyan Yojana-2 scheme.
- Larsen & Toubro Acquired 100% stake in International Green Scapes Ltd. for ₹1,123 crore via L&T Realty.
- Apollo Hospitals Completed 100% acquisition of Apollo Health and Lifestyle (AHLL) after buying remaining minority stake.
- Critical Minerals Policy India exploring dedicated chapters on critical minerals in FTA negotiations with Peru and Chile.
- Heranba Industries Targets ₹2,500 crore revenue in FY27; launched “Fentaamine” and “Mycohil.”
- RBI (NBFC Regulation) Upper-layer NBFCs to remain under enhanced supervision until criteria met for five consecutive years.
- Vakrangee Partnered with IndiaFirst Life Insurance to distribute policies through Vakrangee Kendra network.
- Sun Pharmaceutical Industries Clarified reports on $12 billion Organon acquisition are speculative with no material disclosure required.
- Shapoorji Pallonji Group Reiterated call for timely listing of Tata Sons to unlock shareholder value.
- Tata Sons Listing Listing described as necessary evolution beyond regulatory compliance and in public interest.
- Tata Chemicals Stock remains in focus amid renewed push for Tata Sons listing.
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