*Adani Ent:* Adani Group plans to invest Rs 1.8 lakh crore next year in defence manufacturing, according to sources quoted by the Press Trust of India. (Neutral)

*Axis Bank:* Updates GMTN offering; may issue debt (incl. AT1) under a Rs 35,000 crore framework (Neutral)

*Coforge Ltd:* Company Board approves share subscription, share purchase agreement with Encora US Holdco & Encora Holdings (Neutral)

*Avenue Supermarts:* Company has issued Commercial Paper worth Rs 200 Cr. (Neutral)

*Cosmic CRF Ltd:* Company announces the resignation of Ms. Trupti Upadhyay as Company Secretary & Compliance Officer, effective Dec 26, 2025 (Neutral)

*Transport Corporation of India Limited:* Company has had its credit rating for its Rs 200 Cr long-term fund-based term loan reaffirmed as [ICRA]AA (Stable) and subsequently withdrawn by ICRA Limited. (Neutral)

*Mangalam Global:* Company has incorporated a new wholly owned subsidiary, Mangalam Neateveryday Private Limited, on Dec 26, 2025. (Neutral)

*Bank of India:* Bank Allotted Long Term Bonds Series IV Amounting to Rs 100 billion (Neutral)

*REC Limited:* Company expands Power Transmission Footprint with 3 New Subsidiaries. (Neutral)

*Lloyds Engineering:* Company acquires remaining 12% stake in Techno Industries (TIPL) for ₹22.7 Cr. (Neutral)

*Max Estates:* Company has completed the acquisition of Base Buildwell Private Limited (BBPL). (Neutral)

*ACME Solar:* Company has incorporated a wholly owned subsidiary named 'ACME Greentech Nineteen Private Limited'. (Neutral)

*Sun Pharma:* Company targets mid to high single digit consolidated topline growth for FY26. (Neutral)

*Alkem Laboratories:* Company acquires 64 lk shares of arm Enzene Biosciences at ₹468.60/sh for ₹300 cr on a rights basis. (Neutral)

*Bandhan Bank:* RBI approves re-appointment of Ratan Kumar Kesh as Executive Director for 3 years w.e.f. Mar 31, 2026. (Neutral)

*LG Electronics:* CRISIL has reaffirmed LG Electronics India’s bank facilities at CRISIL AAA / Stable / CRISIL A1+, highlighting strong credit strength. (Neutral)

*HG Infra Engineering:* Company executes Securities Purchase Agreement with Neo Infra Income Opportunities Fund (Neutral)

*Aurobindo Pharma:* Company’s arm CuraTeQ Biologics terminates its agreement with BioFactura Inc. (Neutral)

*Kirloskar Industries:* Company to temporarily suspend Jejuri plant operations. (Neutral)

*RRIL:* Company acquired 50% shareholding in Sumati Spintex Private Limited. (Neutral)

*MHRIL:* Company has received an order from the Income Tax Department for Assessment Year 2022-23, raising a demand of ₹72.14 Cr. (Neutral)

*Sterlite Tech:* India Ratings and Research (Ind-Ra) has affirmed the credit ratings. (Neutral)

*Suzlon:* Vivek Srivastava, CEO–WTG Division, has resigned w.e.f Dec 26, 2025 (Neutral)

*NACL:* Board will meet on Dec. 31 to consider the rights issue. (Neutral)

*Greenpanel:* Tata Mutual Fund sold a 2.28% stake in the company; shareholding reduced to 2.77%. (Neutral)

*Laxmi Organic:* Company confirms that there is no discharge of hazardous effluents into the environment from the Lote facility. (Neutral)

*Tata Steel:* Company received a tax demand of Rs 1,781 crore, including penalty, from the Jamshedpur tax authority. (Neutral)

*Indigo:* Domestic market share decline to 63.6 per cent in November, according to official data reported by the Press Trust of India. The airline had faced significant operational disruptions earlier this month. (Neutral)

List of stocks included in ASM Framework: Sasken. (Neutral)

Circuit filter changed from 5% to 10%: Emkay Global (Neutral)

*Caspian Corporate Services Ltd* Ex-Date Monday, Consolidation of Shares (Neutral)

*A-1 Ltd* Ex-Date Wednesday, Bonus issue 3:1 (Neutral)

*Punjab National Bank:* Company has reported borrowal fraud to RBI against SREI Equipment Finance Ltd (SEFL) & SREI Infrastructure Finance Ltd (SIFL). Total fraud amount reported is ₹1,240.94 Cr for SEFL & ₹1193.06 Cr for SIFL.

*Timex Group:* Promoter Timex Group Luxury Watches B V proposes to sell 4.47% equity through OFS.

*Sigachi Industries:* MD & CEO remanded in probe into Hyderabad unit fire; company puts interim oversight in place

*Akums Drugs:* Finance president quits; resignation email flags Delhi Pollution.

*Hikal:* Suspects employee misconduct related to revenue recognition; Q4FY25 and Q1FY26 sales were lower by ~2%.

The Puppet Show of Power: India’s Defiance vs. Washington’s Stage Tricks — https://countercurrents.org/2025/09/the-puppet-show-of-power-indias-defiance-vs-washingtons-stage-tricks/

*News Headlines from Business News Agencies :*

*Business Standard :*

📝 Issuance of security receipts by ARCs drop, redemptions jump: Crisil

📝 MapmyIndia adds metro, rail and bus routing to Mappls app for commuters

📝 Tata Power commissions SJVN's 1 GW DCR solar project in Rajasthan

📝 Mid-segment set to anchor housing market in 2026 as premium cycle peaks

📝 Shriram Finance expects 30-40 bps lower NCD rates after rating upgrade

📝 Parliamentary panel urges inter-ministry coordination on critical minerals

📝 Ducati bets on India-EU FTA as 40% GST weighs on luxury motorcycles

📝 India's realty sector saw 11 capital market deals from April-December 2025

📝 P&G Home Products FY25 result: Profit jumps 19% to ₹683 cr; revenue up 3.4%

📝 Blinkit CFO Vipin Kapooria steps down amid rising competition in Qcom

📝 Blackstone-backed Horizon Industrial Parks files DRHP for ₹2,600-cr IPO


*Economic Times :*

📝 India emerges as strategic long-term growth market amid Asia's AI and infrastructure boom: HSBC Outlook

📝 CPC says oil exports suspended due to storm at Black Sea

📝 Russia's western oil exports set to decline 8% in January, sources say

📝 AI to add $1.7 trillion to India's economy by 2035: Govt

📝 Cement volumes to rise 6–7% in FY27 as capacity expands: ICRA

📝 Grew Solar wins Rs 2,000 crore solar module supply order from NTPC arm

📝 VE Commercial Vehicles gets Rs 192.36 cr demand from GST authority

📝 China mandates 50% domestic equipment rule for chipmakers, sources say

📝 B2B seafood marketplace Captain Fresh withdraws IPO papers

📝 Escorts Kubota gets Rs 3.4-cr demand from Maharashtra tax authority

📝 Titan Co appoints Sandhya Venugopal Sharma as chairperson


*Mint :*

📝 India unveils new BIS standards for textiles, aerospace, mobility

📝 HAL-made multi-role helicopter Dhruv NG takes maiden flight

📝 Government to provide land at near zero cost to shipyards investing in India

📝 Top two-wheeler makers force rethink on ABS mandate ahead of Jan 1 deadline

📝 CCPA continues crackdown on service charge, fines China Gate restaurant

📝 Hyderabad-based Deepa Jewellers files DHRP with Sebi for IPO

📝 Regulator PNGRB has a fix for boosting adoption of natural gas

📝 IndiGo's market share drops 2%; SpiceJet, Air India's pie rises

📝 OpenAI raises stakes, offers massive $550,000 for ‘critical’ new hire

📝 Neolite ZKW Lightings files DRHP for ₹600 crore IPO

VODAFONE IDEA – RELIEF PACKAGE

• A moratorium of 5 years has been approved by the Government – CNBC Awaaz

• Cabinet approves Vodafone AGR dues package – CNBC Awaaz

• Vodafone receives major relief from the Cabinet, leading to a sudden spike in stock, up 5% – CNBC Awaaz

• Vodafone's relief package has been officially approved

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