🗞️ Daily Business Brief – DEC 11, 2025
- Yes Bank NRC rejects proposal to extend Rajan Pental’s tenure as ED for retail business.
- Yes Bank Alert Prashant Kumar’s term as MD & CEO extended by 6 months up to April 5, 2026 by RBI.
- Yes Bank Board Update SMBC currently has 2 nominee directors on the board.
- PM Modi – President Trump Call The two leaders reviewed progress in India–U.S. Comprehensive Global Strategic Partnership.
- DRDO Savings Indigenous R&D helped save over ₹2,64,000 crore in 5 years: Parliamentary panel.
- India–US Trade Talks Piyush Goyal: Negotiations progressing well; several rounds held; unaware of basis of CEA’s comments.
- Industry Requests (Customs) Seeks stronger dispute resolution, mediation, one-time settlement, extended validity of advance rulings with easier renewals.
- Tata Sierra Record Hyperion 1.5L engine sets national mileage record at 29.9 kmpl in 12-hour NATRAX test.
- Copyright Law Amendment Govt may introduce AI royalty framework; AI firms to pay govt-set royalty for using public copyrighted data.
- IndiGo Compensation Offers ₹10,000 travel vouchers to passengers stranded Dec 3–5; valid for 12 months, in addition to govt compensation.
- Chalet Hotels Appoints Shwetank Singh as MD & CEO from Feb 1, 2026; to acquire Udaipur resort property for ₹171 crore.
- GK Energy Wins order worth ₹367 crore from MSEDCL.
- Shakti Pumps Shares rise 12% after securing ₹444 crore solar pump order from MSEDCL.
- Biocon S&P Global places company on positive CreditWatch due to accelerated debt reduction.
- Piramal Pharma Lexington facility receives US FDA Form-483 with four observations post GMP inspection.
- OPEC Oil Demand 2026 Forecast unchanged; Q1 demand at 42.6m bpd, full-year at 43.0m bpd; stable outlook with slight surplus risk.
- Kirloskar Ferrous Temporarily suspends operations at Hiriyur plant.
- GMDC Advances operationalisation of Baitarni-West coal mine with mining partner onboarding and statutory clearances.
- Indoco Remedies Receives EIR from USFDA for API facility at Patalganga.
- NBCC Receives orders worth ₹2.89 billion.
- Vedanta Declared successful bidder for Genjana nickel, chromium & PGE block.
- Cyient Strengthens Middle East operations to drive intelligent engineering for energy, utilities, transportation & connectivity.
- Oswal Pumps Wins order worth ₹380 crore.
- Maruti Suzuki Export Risk Mexico tariffs may hurt India-made car exports; Mexico is among top 5 export destinations.
- F&O Ban (Dec 11, 2025) BANDHANBNK, SAMMAANCAP.
- FII Cash -₹2,020.94 crore; DII Cash ₹3,796.07 crore.
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