🗞️ Daily Business Brief – Dec 31, 2025
- FIIs & DIIs Flow – FIIs net sold ₹3,597.38 Cr, while DIIs net bought ₹6,759.64 Cr in equities today (provisional).
- Vodafone Idea – Company confirms receivables of ₹5,836 crore from UK-based Vodafone Group.
- GE Shipping – To expand fleet with purchase of South Korea-made tanker; owned fleet to rise to 39 vessels with total capacity of ~3.17 million DWT and utilisation close to 100%.
- RBL Bank – Bank files application with RBI and Govt to temporarily cap foreign shareholding at 24%; currently foreign investors can hold up to 51% stake.
- Hyundai India – Management Change – Unsoo Kim resigns as MD & Director w.e.f. Dec 31, 2025; shareholders approve appointment of Tarun Garg as new MD & CEO w.e.f. Jan 1, 2026.
- Redington – Receives GST demand of ₹148 crore for FY19–FY22.
- RBI – Governor’s Remarks – Global economic outlook beyond 2026 shrouded in uncertainty; global financial system prone to risks due to high interconnectedness.
- RBI Financial Stability Report – Global economy remains resilient supported by fiscal push, front-loaded trade and strong AI investment; risks from uncertainty and high debt persist. NBFCs remain robust with strong capital buffers, healthy earnings and improving asset quality.
- Cabinet Decisions – Highways – Nashik–Solapur six-lane highway approved at ₹19,142 crore; Odisha highway widening approved at ₹1,526 crore; total 2 national highway projects approved worth ₹20,668 crore.
- Vodafone Idea – AGR Relief – Cabinet approves restructuring/reassessment of past AGR dues. FY18–FY19 dues payable over FY26–FY31; post-FY19 dues capped at ₹87,695 crore to be paid over FY32–FY41 and subject to reassessment by a Govt-appointed committee.
- Vodafone Idea Stock Reaction – Shares recover nearly 8% after earlier sharp fall on AGR dues reassessment news.
- Hyundai India – Price Hike – To increase prices by an average 0.6% across model range w.e.f. Jan 1, 2026.
- India–Israel Trade Talks – Commerce Ministry officials likely to meet Israeli counterparts in January; focus on clarity in export labeling rules. Terms of reference for India-Israel FTA signed in November.
- Hexaware Technologies – Receives approval for merger of wholly owned step-down subsidiaries Mobiquity Velocity Solutions Inc and Mobiquity Inc effective Jan 1, 2026.
- Dr Reddy’s – Swiss subsidiary receives USFDA Complete Response Letter for AVT03 biosimilar; CRL relates to observations from pre-license inspection of Alvotech’s Reykjavik manufacturing facility.
- Sammaan Capital – Board approves scheme of arrangement involving Sammaan Finserve and Sammaan Capital.
- NCC – Secures new orders worth ₹1,237.24 crore in December 2025 across buildings and transportation divisions.
- Asian Granito India – Completes acquisition of 26% stake in Allomex Steel; company becomes associate.
- NBCC – Receives orders worth ₹2.20 billion.
- Craftsman Automation – Completes first tranche of asset sale to Shriram Pistons & Rings.
- Time Technoplast – Secures contract worth about ₹510 million.
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