25 February 2025 News

25th February 2K25

Business Standard

📝 Citigroup upgrades Indian stocks from neutral to overweight, sours on Asean

📝 Retail inflation eases to 4.61% for farm workers, 4.73% for rural labourers

📝 Defence Ministry forms high-level panel to speed up Tejas jet deliveries

📝 CEAT Specialty expands globally, targets 70-30 export-domestic split

📝 India's IT sector must revamp biz, create own language models: HCLTech CEO

📝 Indorama Ventures to buy minority stake of 25% in EPL from Blackstone

📝 DBS Bank to cut 10% workforce in 3 years as AI transforms operations

📝 Qualcomm brings Snapdragon X platform to India for more affordable AI PCs

📝 India's tech sector FY25 revenue to grow 5.1% to $282.6 billion: Nasscom

📝 Several APAC economies like India, Korea could face higher US tariffs: S&P

📝 India Inc revenue to grow 7-8% in Q4 on demand revival, govt spend: ICRA

Economic Times

📝 India’s IT industry to hit $300-billion revenue mark in FY26: Nasscom report

📝 India-UK FTA: Immigration has never been a part of trade negotiations, says Piyush Goyal

📝 Apple plans Texas factory for AI servers, 20,000 research jobs

📝 Dabur India plans to invest Rs 550 crore in Madhya Pradesh

📝 Parle, Rasna anticipate double-digit growth this summer season

📝 Hindalco to invest Rs 15,000 cr in Madhya Pradesh to expand aluminium smelting capacity

📝 India’s GCC sector surges: 24 centres cross $1 bn revenue, on path for further growth

📝 India sets strategic path for AI growth with nuclear energy investments

📝 India non-bank lender IIFL Finance may see a drop in annual earnings, Fitch says

📝 26% equity mutual funds outperformed respective benchmarks in January

📝 Ashok Leyland targets ₹2,000 crore in savings with focus on leaner financial structure and profit growth

Mint

📝 Railways will achieve 100 pc electrification in FY26: Ashwini Vaishnaw

📝 Maruti Suzuki to launch three more EVs after e Vitara, aims 50% market share

📝 India's manufacturing slump prompted February rate cut, says RBI rate panel's Kumar

📝 Insolvency against Coffee Day resumes as NCLAT fails to pass order within deadline

📝 Canadian banks expected to build reserves to cushion tariff uncertainty

📝 Byju’s insolvency: NCLT approves new resolution professional

📝 Samsung, Union Agree to 5% Wage Hike in 2025 After Tensions Ebb

📝 ICICI Prudential Mutual Fund buys fresh shares of Motherson Sumi Wiring India

📝 Bharat Forge Arm Kalyani Powertrain collaborates with AMD to enter the Indian server market

📝 Amid global risks, Indian retail investors increase allocation to bonds, FDs

📝 EaseMyTrip to invest ₹200 cr for manufacturing electric buses in MP, says CEO.

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ℹ️ 𝗠𝗔𝗗𝗥𝗔𝗦 𝗛𝗜𝗚𝗛 𝗖𝗢𝗨𝗥𝗧 𝗜𝗡 𝗧𝗛𝗘 𝗖𝗔𝗦𝗘 𝗢𝗙 𝗠𝗲𝘁𝗮𝗺𝗼𝗿𝗳 𝗜𝗻𝘁𝗲𝗿𝗶𝗼𝗿𝘀 𝗮𝗻𝗱 𝗗𝗲𝘀𝗶𝗴𝗻𝗲𝗿𝘀 𝗣𝘃𝘁. 𝗟𝘁𝗱 𝗦𝗲𝗰𝘁𝗶𝗼𝗻 𝟳𝟰 𝗼𝗳 𝘁𝗵𝗲 𝗖𝗚𝗦𝗧 𝗔𝗰𝘁, 𝟮𝟬𝟭𝟳

✅The petitioner challenged the order dated 25.04.2024, alleging a lack of sufficient opportunity to file a reply and attend a personal hearing. 

✅Despite submitting a reply in Form DRC-06 on 15.02.2024, the respondent issued Reminder Notice No.3 on 22.04.2024, stating the reply was unclear and requiring a manual submission by 24.04.2024, with a hearing fixed on 23.04.2024. 

✅The petitioner became aware of the notice only after the hearing date had lapsed, leading to the impugned order being passed without due consideration.

✅The Court found that the respondent failed to provide a fair opportunity and should have issued a notice through RPAD or other accessible modes instead of merely uploading it online. 

✅The rapid timeline—notice on 22.04.2024, hearing on 23.04.2024, reply submission by 24.04.2024, and order on 25.04.2024—was deemed unreasonable.

✅𝗖𝗼𝘂𝗿𝘁’𝘀 𝗗𝗲𝗰𝗶𝘀𝗶𝗼𝗻:

✅The impugned order dated 25.04.2024 is set aside.

✅The matter is remanded for reconsideration.

✅The petitioner may file a manual reply within two weeks.

✅The respondent must provide a 14-day notice for a personal hearing and decide the matter per law.

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17 February 2025 News

17th February 2K25

Business Standard

 

📝 Godrej Propertiesbought 12 land parcels in Apr-Dec 2024: Pirojsha

📝 Private equity funds turn to platform models for scalable growth in India

📝 Indian startup unicornsgrow far beyond IIT, IIM, and ISBs: Study

📝 RBI curbs on New India

Co-op Bank: Deposit insurance offers silver lining

📝 Proposed India-US BTA:US may ask for more access to agri products, ethanol

📝 RIL to appeal against Delhi HC order on gas dispute in Supreme Court

📝 PMI Electro Mobility secures Rs 250 crore funding for strategic EV growth

📝 Samsung India plant standoff set to intensify amid worker protests

📝 PSU NBFCs reissue bonds in Feb as fundraising limit reached for FY25

📝 Private hospitals to expand bed capacity, focus on oncology in FY26

Economic Times

 

📝 India's wearable devicemarket declined in 2024 for the first time, shows IDC data

📝 HFCL eyes growth from overseas sales, sets Rs 10,000-cr revenue target

📝 Assam govt to set upmega industrial park in Morigaon

📝 AI startup Ikonz Studios secures funding led by industry veteran Marc Jordan

📝 Reliance, BP losedecade-old gas migration dispute

📝 India-US TRUST to drive economic cooperation, IMEC framework to boost infra collaboration: Experts

📝 Tencent's messaging app Weixin launches beta testing with DeepSeek

📝 Hero MotoCorp eyes double-digit revenue growth next fiscal: CFO

📝 Standard Chartered gets RBI nod to appoint PD Singh as India CEO

📝 Pick up in private capex to improve loan growth from H2FY26: Report

 

Mint

 

📝 AeronauticalDevelopment Agency, Mishra Dhatu sign MoU for high-strength steel

📝 India better placed than Asian peers for Japanese FDI: Deloitte Japan CEO Kimura

📝 NHPC to list green energy arm by FY27, eyes 20 GW pumpedstorage capacity

📝 Madhya Pradesh's new logistics policy will improve supply efficiency, attract investors: Yadav

📝 Trump administrationcuts reach FDA employees in food safety, medical devices and tobacco products

📝 Auto and chemical sectors lead in quality certifications: CII study

📝 Syama Prasad Mookerjee Port plans to lease land for eco-wellness hub.

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11 February 2025 News

11th February 2K25

Business Standard

📝 US tariffs will not impact Indian steel industry much: Steel Secy

📝 Rolls-Royce to double sourcing from India over the next five years

📝 Smartworld Developers awards Rs 532 cr contract to Varindera Constructions

📝 Govt bond yields edge higher as investors grapple with policy setback

📝 Venturi Partners invests $25 million in affordable footwear brand JQR

📝 IHCL to invest Rs 2,500 crore to develop new 330-room property in Mumbai

📝 Anil Ambani's R-Infra settles dispute with CPL for Rs 6,503 crore

📝 Boeing signals more orders needed before setting up assembly line in India

📝 GAIL revives plan to buy US LNG as Trump ends ban on export permits

📝 Action against banks, NBFCs if they violate gold auction norms: Sitharaman

📝 LNG buyers including IOC negotiate US deals ahead of PM Modi-Trump summit

📝 Juniper Green Energy secures $1 billion fund in phased debt financing

Economic Times

📝 Due diligence of qualified bidders for IDBI Bank underway: MoS Finance

📝 PNC Infratech eligible to bid for new projects as MoRTH lifts restrictions

📝 Nokia names Intel's AI head to replace CEO

📝 Kalpataru inks 7.5-acre Mumbai redevelopment deals with Rs 2,000 cr revenue

📝 Peak XV Partners trims 1% stake in SaaS firm Freshworks for $51.5 million

📝 Baldota Group to set up Rs 54,000 crore integrated steel plant in Karnataka

📝 Tata Boeing Aerospace delivers 300 AH-64 Apache fuselages manufactured in Hyderabad facility

📝 Reliance enters sports drinks market with 'Spinner' priced at Rs 10

📝 Biovet gets CDSCO nod for lumpy skin disease vaccine

📝 Bhanushali Studios appoints Neeraj Vyas as CEO to drive expansion

📝 Sanofi launches Rezurock against chronic Graft-versus-host disease in India

📝 Glenmark, Cosmo get MHRA nod for acne treatment medication

Mint

📝 India's branded hotel rooms inventory to cross 300,000 by 2029: Report

📝 Delhivery expects rapid commerce business to generate ₹80-100 crore

📝 Larsen & Toubro bags Oman railway facility contract

📝 NCLT asks BCCI to seek creditors' nod for ₹158 crore Byju’s settlement

📝 Mistral and Helsing join forces to advance AI in military technology

📝 USD 100 bn FDI commitment under trade pact with EFTA can catalyse USD 400-500 bn investment: Goyal

📝 People’s drugs booster: Jan Aushadhi to add 10,000 stores by FY27

📝 Four listed REITs Q3 distribution to unitholders rises 17 pc to ₹1,505 cr

📝 GST evasion of ₹1.88 lakh cr detected by CGST officers during April-Dec 2024

📝 Varun Beverages Dec qtr profit up 36% to ₹196 crore

📝 Berger Paints to focus on sustainable growth, open to acquisitions: Chairman

📝 GenAI to boost India's IT industry's productivity by up to 45%, EY India survey shows

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10 February 2025 News

10th February 2K25

📝 LIC shares in focus after Q3 PAT jumps 15% YoY to Rs 11,009 crore

📝 Banks still facing deposit issues; only buying power financiers in BFSI

📝 L&T Finance shares in focus on entry in gold loan business with Rs 537 crore acquisition

📝 Bajaj Auto shares in focus as company plans e-rickshaw entry by fiscal year-end

📝 Trade between India, France has increased slightly to $20 billion, primarily focused on defence and aerospace

📝 France to invest 109 billion euros in AI

📝 Dollar gains on Trump tariff threats, euro near 2-year low

📝 PM Modi to meet Trump with planned tariff concessions

📝 Japanese investors plan to double stake in AG&P Pratham

📝 Banks breathe easy as RBI goes soft on provisioning, LCR rules

📝 Electronics companies tap global talent to power up India's component show

📝 India offers tax relief for foreign tech experts to boost electronics sector growth

📝 Tax cuts to boost consumption, recovery in urban markets

📝 Zaggle Q3 profit jumps 30% to Rs 19.7 crore; Revenue rises

📝 Monetary easing helps, yet mkts take their cue from earnings

📝 RBI opens NDS-OM platform for stock brokers to boost retail participation

📝 Aadhar Housing shares gain 5% on posting healthy Q3 results; PAT up 17%

📝 Godrej Industries Q1 results: Profit up 81% at Rs 322 cr on higher income

📝 Nykaa Q1FY25 results: Net profit jumps to Rs 14 crore, revenue up 23%

📝 OYO Q3 results: PAT rises nearly 6 times to Rs 166 cr, revenue up 31%

📝 UK-based Bupa likely to increase stake in Niva Bupa Health Insurance

📝 Electric vehicles may be about 20% of Honda's wo-wheeler sales by 2030

📝 Tata Sons' CSR money may go to Ratan Tata endowment trust, foundation

📝 Razorpay marks 10 years, targets about $400 billion in TPV by 2030

📝 Wabag bags Rs 3,251 crore sewage treatment plant order in Saudi Arabia

📝 Finance ministry no to public sector banks taking haircut on MTNL loans

📝 Tariff risks to weigh on Indian rupee, bonds to track US inflation data

📝 Govt urges retailers to align prices of pulses with falling mandi rates

📝 Projects worth Rs 58,000 crore get support of agri-infra fund

📝 Govt, RBI will work together for growth: Finance Minister

📝 Rs 1000 crore credit guarantee scheme for farmers to be rolled out in a month

📝 Over 97% Religare shareholders reject Saluja’s reappointment

📝 CPSE dividend receipts reach 91% of FY25 target

📝 M-cap of six top-10 valued firms jumps Rs 1.18 lakh crore; Reliance remains top valued

📝 FPIs’ incessant selling continues; withdraw Rs 7,300 crore from equities in a week

📝 FBI warns US smartphone users to delete suspicious texts amid toll scam alerts

📝 Hiranandani’s Yotta Data Services files application with SEC to list in US.

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7 February 2025 News

7th February 2K25

Business Standard

📝 Monthly natural gas trades shoot up nearly 4x in January, says IGX

📝 ArcelorMittal Dec qtr results: Loss trims to $390 mn, production at 14 MT

📝 REC Q3 results: PAT grows 23% to Rs 4,076 cr, income at Rs 14,286.91 cr

📝 India ranks third globally for LEED green building certification in 2024

📝 Lotte Wellfood to invest $300 mn in India for capacity, supply chain growth

📝 India's push for self-reliance in palm oil gets a boost with NMEO-OP

📝 HCLTech partners with ChargePoint to drive EV charging technology

📝 Prism Johnson Dec qtr results: Net profit at Rs 48.12 cr, sales up 6%

📝 IHH Healthcare's unit seeks up to $1.25 bn from Daiichi over Fortis deal

📝 IndiGo to lease Boeing 787-9 from Norse Atlantic for long-haul expansion

📝 Tata Power, Bank of Baroda ink pact for financing rooftop solar projects

📝 Interarch bets big on South India; eyes 10% rise in revenue in FY26

Economic Times

📝 Trent bets on 'direct-to-customer' fast-fashion business model despite quick comm's meteoric rise

📝 India, UK join hands to shape green hydrogen standards

📝 Honeywell, one of the few remaining US industrial conglomerates, will split into three companies

📝 Trent to sell stake in Massimo Dutti India venture

📝 Swiggy management confident of EBITDA profitability by Q3 FY26

📝 BluePine Energy, Amazon sign PPA for 99 MW renewable energy project

📝 Steel sector leads with half of Jharkhand's Rs 26,000 cr investment proposals during Bengal biz meet

📝 Private sector banks set to generate Alpha in 2025: Radhika Gupta

📝 Vehicle registrations rise 6.6% in Jan, indicating sustained recovery in consumer demand: FADA

📝 China commerce ministry says US tariffs 'vile', 'unilateralist'

📝 More accommodative stance for NBFCs, banks needed in RBI monetary policy: HSBC

Mint

📝 SBI Q3 Results: Net profit jumps 84% YoY to ₹16,891 crore; NII up 4%

📝 Bharat Dynamic Q3 net profit rises 9% to ₹147 crore; declares dividend of ₹4

📝 Volvo Cars will not pay Northvolt for battery joint venture stake, it says

📝 EPFO settles record 5-cr claims worth over ₹2 lakh cr in FY25

📝 Rural growth surges in FMCG sector in Dec qtr, outpaces urban market for fourth consecutive quarter

📝 High court allows Kirloskar Proprietary to become plaintiff in trademark case

📝 PVR INOX Q3 net profit jumps nearly 3-fold to ₹35.9 cr, revenue up 11 pc at ₹1,717.3 cr

📝 Part shifting of customs duty to AIDC to have marginal impact on state transfers: CBIC Chairman

📝 India can be a global hub for wind turbines: Suzlon’s Girish Tanti

📝 Redington Ltd clocks Q3 profit after tax at ₹402.96 cr

📝 Mauritius-based FII trims India Cements shareholding

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1 February 2025 News

1st February 2K25

📝 Aadhaar authentication extended to private entities

📝 ONGC Q3 net profit falls 19% YoY to Rs 8,622 cr; Rs 5 per share dividend announced

📝 Karnataka Bank Q3 results: Profit falls 14% to Rs 284 crore

📝 RBI does dollar/rupee swap for $5 billion, injects liquidity

📝 Rupee dips to record low, lags regional peers in Jan as headwinds persist

📝 India's forex reserves up by $5.5 billion at $629.55 billion as of January 24, 2025

📝 Sebi mulls combo product of term life insurance and MFs for investors

📝 Startups raise $1.13 billion in January, up 90% on-year

📝 Good Glamm Group looks to raise Rs 250 crore amid financial challenges

📝 Vedanta Q3 FY25 results: Net profit rises 76.2% to Rs 3,547 crore

📝 Sun Pharma Q3FY25 results: Net profit soars 15%, revenue up 10.5%

📝 PNB Q3FY25 results: Net profit rises 102% to Rs 4,508 cr, NII up 7.2%

📝 India's January Russian crude oil purchases surge despite sanctions

📝 Fiscal deficit for April-Dec at 56.7% of full-year target, shows data

📝 Insurance sector gets over 62% of $5.7 bn services sector FDI inflows in H1

📝 Sebi proposes UPI safeguards to prevent fraud in market transactions

📝 IMD forecasts warm Feb; above-normal temperatures may hit wheat crop

📝 Key infra sectors' growth slows to 4% in Dec 2024, shows govt data

📝 Mumbai sees highest Jan property registrations in 13 years: Knight Frank

📝 Intel's quarterly revenue tops estimates as investors await new CEO

📝 Marico profit up 4.2% amid rising input costs

📝 GHCL reports slight drop in revenue, 69% rise in consolidated net profits for Q3 FY25

📝 Nestlé India’s Q3 profit up 4.94% at Rs 688.01 cr, revenue rises marginally on moderate consumption; dividend declared

📝 India, US in talks to schedule an early visit for PM Modi to the United States: MEA

📝 Sugar output may drop 15 pc to 27-27.2 MT this season: ISMA, NFCSFL

📝 Biocon Biologics sees insulin demand growing across markets, says CEO Tambe

📝 Zydus Takeda Healthcare marks 25 years of manufacturing operations in India

📝 China’s property sector retreats into state hands

📝 India bond yields a tad up before budget, 10-year yield posts monthly decline

📝 Inox Wind Energy Q3 Results: Co posts ₹38.80 crore profit vs YoY loss

📝 Bandhan Bank Q3 Results: Net profit tanks 42% YoY to ₹426 crore; NII up 17%.

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