
GaanBaru - Affluence Stewardship
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Mastering wealth with Takumi precision: Skill driven, Ganbaru fueled excellence. "GanBaru" is a Japanese word that conveys perseverance, determination, and resilience. We are committed to going the extra mile to achieve the best possible results for our clients.
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> *25 Feb 2025 Headlines from Business News Agencies:* *Business Standard* π Citigroup upgrades Indian stocks from neutral to overweight, sours on Asean π Retail inflation eases to 4.61% for farm workers, 4.73% for rural labourers π Defence Ministry forms high-level panel to speed up Tejas jet deliveries π CEAT Specialty expands globally, targets 70-30 export-domestic split π India's IT sector must revamp biz, create own language models: HCLTech CEO π Indorama Ventures to buy minority stake of 25% in EPL from Blackstone π DBS Bank to cut 10% workforce in 3 years as AI transforms operations π Qualcomm brings Snapdragon X platform to India for more affordable AI PCs π India's tech sector FY25 revenue to grow 5.1% to $282.6 billion: Nasscom π Several APAC economies like India, Korea could face higher US tariffs: S&P π India Inc revenue to grow 7-8% in Q4 on demand revival, govt spend: ICRA *Economic Times* π Indiaβs IT industry to hit $300-billion revenue mark in FY26: Nasscom report π India-UK FTA: Immigration has never been a part of trade negotiations, says Piyush Goyal π Apple plans Texas factory for AI servers, 20,000 research jobs π Dabur India plans to invest Rs 550 crore in Madhya Pradesh π Parle, Rasna anticipate double-digit growth this summer season π Hindalco to invest Rs 15,000 cr in Madhya Pradesh to expand aluminium smelting capacity π Indiaβs GCC sector surges: 24 centres cross $1 bn revenue, on path for further growth π India sets strategic path for AI growth with nuclear energy investments π India non-bank lender IIFL Finance may see a drop in annual earnings, Fitch says π 26% equity mutual funds outperformed respective benchmarks in January π Ashok Leyland targets βΉ2,000 crore in savings with focus on leaner financial structure and profit growth *Mint* π Railways will achieve 100 pc electrification in FY26: Ashwini Vaishnaw π Maruti Suzuki to launch three more EVs after e Vitara, aims 50% market share π India's manufacturing slump prompted February rate cut, says RBI rate panel's Kumar π Insolvency against Coffee Day resumes as NCLAT fails to pass order within deadline π Canadian banks expected to build reserves to cushion tariff uncertainty π Byjuβs insolvency: NCLT approves new resolution professional π Samsung, Union Agree to 5% Wage Hike in 2025 After Tensions Ebb π ICICI Prudential Mutual Fund buys fresh shares of Motherson Sumi Wiring India π Bharat Forge Arm Kalyani Powertrain collaborates with AMD to enter the Indian server market π Amid global risks, Indian retail investors increase allocation to bonds, FDs π EaseMyTrip to invest βΉ200 cr for manufacturing electric buses in MP, says CEO

> *24 Feb 2025 Headlines From Business News Agencies :* *Business Standard :* π India to harvest bumper wheat crop this year: Agriculture Minister Chouhan π Pump Rs 300 crore into Bima Sugam by February-end: Irdai to insurers π EPF is in urgent need of an overhaul for flexibility and portability π CDSCO withdraws export NOC, bans drugs linked to West Africa opioid crisis π Maha govt to give additional Rs 50k subsidy for rural homes under PMAY π UK, EU step up FTA talks with India in US President Donald Trump era π Tesla's entry not a significant threat to Indian EV OEMs, says CLSA π Eupheus Learning narrows loss to Rs 9 cr, revenue at Rs 225 cr in FY2024 π US federal workers must justify job or risk dismissal, says Elon Musk π USAID funded 7 projects worth $750 mn in India in FY24: FinMin report π Yunus invites Musk to visit Bangladesh, launch Starlink satellite service π NewMe plans to launch 20 new stores by 2025, aspires for IPO in 3-5 years *Economic Times :* π NTPC, EDF India collaborate for PSP, hydro projects, to explore avenues in distribution π Indian drugmakers can retain US dominance even with tariffs, says industry body π Coal India and France's EDF to form renewables joint venture π Qatar signs deal with Scale AI to use AI to boost government services π KKR to buy cancer care hospital chain HCG from CVC for $400 million π Electric 2-wheeler sales remain in fast lane, market share may grow three-fold in five years π Union budget aims to build healthy economy with long-term vision: Mansukh Mandaviya π Rural market at inflection point offers headroom, long-term potential for growth: Marico MD & CEO π Assam Cabinet clears investment proposals worth Rs 1.22 lakh crore ahead of Summit π Shein's annual profit down by more than a third: report π Meta to open India office, hire for engineering and AI roles in Bengaluru *Mint :* π Wall Street week ahead: Spotlight on PCE inflation, Q4 GDP, Nvidia earnings π Sebi mulls expanding investors pool for angel funds π L'OrΓ©al, Colgate eye opportunity as preference for premium products rises π Robust infra, business friendly environment make TN key investment hub, says Study π Non-stop renewable energy key to lowering green hydrogen prices: Gentari CEO π Satya Nadella reveals one web trend Microsoft missed, but Google didn't π India forex reserves snap three-week gains; decline USD 2.5 billion in latest week π US news: Donald Trump to name FBI chief Kash Patel as acting ATF director π FBI Director Kash Patel pushes back against Elon Muskβs productivity questions π Indian VCs join a global race to back the next big AI disruptor π Elon Musk's DOGE set to inspect Fort Knox gold reserves

> *28 Feb 2025 Headlines from Business News Agencies :* *Business Standard :* π DCGI streamlines drug export approvals, enhances regulatory oversight π India 10-yr bond yield to slip to 6.45% by Apr on rate cut: BofA executive π India's developmental model could be template for others: CEA Nageswaran π HSBC reducing staff numbers by 900 at China Pinnacle unit: Report π TVS Emerald buys 10-acre land in Bengaluru, boosts FY25 revenue potential π Govt considers tariff cuts on cars, chemicals as Trump duties loom π Coca-Cola's Thums Up, Sprite on their way to becoming $2 billion brands π Amazon's cloud unit builds first quantum computing chip called 'Ocelot' π India, EU to discuss preventing banned goods from going to Russia π India's climate future lies in renewable energy, says Bhupender Yadav π India Inc poised to see average salary hike of 9.4% in 2025: Report *Economic Times :* π Domestic passenger vehicle sales expected to grow 4-7 pc in FY26: Icra π Organised retail set to reach $230 billion by 2030: Deloitte-RAI report π SBI Mutual Fund launches files draft documents with Sebi for 5 passive funds π AI in healthcare likely to contribute $30 bn to India's GDP by 2025: Report π ADB commits $200 million loan to expand urban services in Kolkata π 60 pc of Indian retailers see technology as key to competitiveness: PwC India Report π India's GST collections surge in January 2025: gross up 12.3%, net rises 10.9%: NCAER report π India exploring critical minerals in Zambia, Congo and Australia, official says π India needs to ramp up bilateral relations for trade, investment: Nirmala Sitharaman π State governments should not tax minerals excessively: Union Mines Minister π Mercedes-Benz plans to cut 25% of workforce costs in China by 2027, source says *Mint :* π Sebi directs mutual funds to deploy NFO fund within 30 days of allotment π American hospitality giant Wyndham sees big opportunity in Indiaβs new hoteliers π PhonePe appoints four merchant bankers for upcoming IPO: Report π Cables & wires stocks face de-rating, target price cut on UltraTech's foray π Paytm partners with Perplexity to bring AI search on app free of cost π NBFCs gain fresh momentum as RBI eases bank lending norms π Ikea eyes Delhi-NCR expansion with small format store, e-commerce operations π Bajaj Auto Ltd Launched Bajaj GoGo, A New Brand For Electric Autos π Man Infraconstruction acquires 26.40% stake in subsidiary company π Kerala govt plans seaplane operations at dams, backwaters π NCLAT sets aside insolvency proceedings against Coffee Day Enterprises

> *21 Feb 2025 Headlines from Business News Agencies:* *Business Standard* π L&T secures major Hindalco order to build alumina refinery in Odisha π Renault beats profit forecast in 2024, warns on EU emissions rules π India's GDP growth rate to slow to 6.4% in 2025: Moody's Analytics π Tata Motors announces special offers on EVs as Tesla prepares India entry π EPC companies raise concern over longer payment cycles for water projects π BPTP Group targets Rs 6,500 cr from new luxury housing project in Gurugram π Oil prices see minor dip as US crude stocks rise, easing supply concerns π India tops global private capital exits with $27.9 bn in 2024: GPCA report π Hydropower firm SJVN to expand its lone coal project in Bihar: Chairman π India's e-commerce to reach $550 bn by 2035 driven by Tier II-III demand π Krones to build Rs 315 cr manufacturing plant in Karnataka, create 550 jobs *Economic Times* π SIA and Air India explore opportunities to deepen recently confirmed relationship π Ministry of Defence inks contract worth Rs 1220.12 cr with Bharat Electronics Limited π Skoda Auto Volkswagen must fall in line and not play victim: Customs dept to Bombay HC π Govt extends Chief Economic Adviser Nageswaran's term until March 2027 π Indian refiners cancel palm oil orders due to price surge π Sebi mulls framework for fast track follow-on offer by REITs, InvITs π Hiranandani, Krisala ink development JV for 105-acre township in Puneβs Hinjewadi π Auto sector demand hinges on marriage season, infrastructure revival: Report π Yuma Energy acquires Chennai-based Grinntech to boost battery solutions π Chennaiβs office stock set to exceed 100 million sq ft by 2026 end π Crompton looks to join billion dollar sales club in FY25, launches new vision *Mint* π Indiaβs Economic Growth Set to Pick Up Pace, RBI Says π Major auto component firms likely to invest up to βΉ30K cr next fiscal: ICRA π Ayala Land Plans $1.3 Billion Debt, to Focus on High-End Homes π Alibaba Q3 Results: Company posts higher-than-expected revenue of $38.5 π Automotive ER&D firms struggle as tariffs, Chinese carmakers disrupt markets π US becomes India's fifth largest oil supplier, Russia retains top spot: Report π NCLT admits Aviom India Housing Finance into bankruptcy on RBIβs plea π Norinchukin CEO to Resign as Bank Forecasts Bigger Annual Loss π Paytm launches Indiaβs first solar soundbox for merchants π Inox Group companies prepare for semiconductor boom, LNG growth prospects π Indiaβs Wheat Crop Under Threat from Warm Weather Before Harvest

> *27 Feb 2025 Headlines from Business News Agencies :* *Business Standard :* π World Bank bullish onIndia, reaffirms confidence in its economic potential π Micromax makes foray into renewable energy space with Startup Energy π Airtel confirms'bilateral discussions' with Tata Group for DTH merger π India's venture capital funding jumps 70% in January, outpaces China π Palm oil imports to hit5-year low amid price shifts, rising output π Uttar Pradesh eyes Rs 70K cr investment in electronics, data centres π Godrej Enterprises' Energy Solutions arm eyes Rs 2,000 cr revenue in 3 yrs π Paytm, DPIIT partner to support fintech startups with mentorship & funding π Welspun One launches Rs 1K cr co-investment programme to expand portfolio π Star Cement proposes Rs 3,200-cr plant in Assam, agreement signed *Economic Times* :* π Retail sales in Indiasee 5% growth in January 2025, says RAI π India must seize global supply chain disruption as opportunity: Amitabh Kant π Wipro to invest $200million in Wipro Ventures π World Bank bullish on Indian economy, reaffirms faith in country's potential π India's tablet PCshipments recover in 2024, register sharp 42.8% on-year growth π Critical minerals recovery from processing waste will need multipronged strategy: Report π India singles out VW in $1.4 billion tax dispute, says Kia corrected course π IndiGo to damp lease three more Boeing 787-9 for international expansion π Centre to spend Rs 4,800 cr for waterways development in Assam in 5 years: Sonowal π Excise policy case: Delhi court directs ED to supply papers to accused *Mint :* π India looking toincrease ethanol blending with petrol to over 20 pc: Puri π India eyes global pharma dominance with a βΉ5,000 crore revitalization plan π DBS add 1,000 new jobsin AI over next 3 years: CEO π BP to slash green spending, pivot back to oil π Crown LNG bets onenhanced India-US energy ties; to scale up India operations π Vedanta Demerger: Shareholders approve proposed 5-unit plan π Infosys rolls out average salary hike of 5-9% for employees: Report π Godrej Properties 'surprised' by CBI FIR on Chandigarh project, says not violated any law π India Inc eyes cautious 2025: BFSI, healthcare shine, auto & realty struggle π Apple to invest $500 bn, create 20k US jobs amid $1 trillion push by tech giants

> *06 Feb 2025 Headlines from Business News Agencies :* *Business Standard :* π IBBI proposes coordinated insolvency resolution for interconnected entities π Govt expands quality compliance requirements for over 150 products π Opening up high-band spectrum not enough for 5G, 6 GHz band needed: Telcos π NaBFID extends Rs 2,000 crore loan to Blackstone-backed data centre π Apex Kidney Care secures FDI worth $9 mn from Swiss Blue Earth Capital π India's student housing market expected to expand as demand rises π PM Gati Shakti, logistics policy to push India's World Bank ranking: Report π Govt issues notice to Kia for $155 mn tax evasion, company denies charges π Atlantia Electricals files IPO papers with Sebi, aims to raise Rs 400 cr π Page Industries Q3 results: Net profit rises to Rs 205 cr, revenue up 7% π NSE Clearing fails to meet liquidity norms; reports Rs 176.65 cr shortfall π BlackRock to hire 1,200 employees in India to expand AI and support hubs *Economic Times :* π Info Edgeβs Q3 net profit surges 2.5 times to Rs 288.4 crore π India to review tariff surcharges on luxury cars, solar cells, may spur US imports π Zydus Lifesciences Q3 Results: Net profit jumps 30% to Rs 1023 crore π Uber to launch Waymo Robotaxis in Austin π NetSuite opens data centres in Mumbai, Hyderabad; aims to tap Indian SMBs π Consumer electronics manufacturers expand horizons, leverage govt incentives π Happiest Minds Q3 profit dips 16%, revenue up 27% π India, Oman FTA talks progressing; both sides to hold another round of negotiations: Official π Quant Mutual Fund announces change in fund management of 27 schemes π Euro zone business activity returns to growth in Jan, PMI shows π JSW to invest Rs 16,000cr in power project in Bengal, eyes future expansion *Mint :* π Godrej Properties sells βΉ28,800cr worth properties in 2024, highest among listed players π Mukesh Ambani announces fresh investment of βΉ50,000 crore in Bengal by 2030 π Nestle Indiaβs not brewing enough growth as cost, demand woes pinch π RBI starts deliberations on interest rate amid expectations of 25-bps cut π Hind Rectifiers to set arm for AI, Web3 solutions, expand Nashik facility π Chemicals maker BASF India Q3 profit falls on higher input costs π Gold demand in India sees 5 pc rise at 802.8 tonnes in 2024, 2025 projection at 700-800 tonnes: WGC π Byjuβs insolvency: Suspended directors challenge NCLT ruling reinstating lenders π Goldβs Appeal to Central Banks Seen Underpinning Demand in 2025 π Tech layoffs 2025: ADM and Salesforce announce job cuts π Weddings spends rise 28% in the last two years to βΉ32-35 lakh: report

> *03 Feb 2025 Headlines from Business News Agencies :* *Business Standard :* π FM cites India's fiscal discipline as key to Moody's unchanged ratings π India's medical tourism poised for expansion with relaxed visa rules π Emphasis on green transition to strengthen India's clean energy leadership π Strategic petroleum reserves get Rs 5,597 crore allocation boost in Budget π HMPL to invest Rs 2,500 crore in 500 MW solar project in Andhra Pradesh π Budget: Allocation for export promotion schemes dips 17% to Rs 2,250 cr π Budget: Railway capex stays flat; revenue receipts set to cross Rs 3 trn π Customs duty cuts in certain areas to benefit American exports: GTRI π Sebi mulls safe UPI payment mechanism for registered market intermediaries π Budget 2025: Investment, turnover limits for MSMEs hiked up to 2.5 times π UPI volume sclales new peak of 16.99 billion in January, shows NPCI data *Economic Times :* π India emerges as a global export hub, shipments expand to 65 countries: Nissan π Reliance brings Shein back to India after 2020 app ban π Frequent extreme weather events driving food inflation in India: Government report π Ola Electric's market share increases to 25.8% in January π New tax structure to benefit 5.65 cr taxpayers, will collectively save around Rs 1 L cr in taxes: SBI π Customs duty cuts in certain areas to benefit American exports: GTRI π India's power consumption growth subdued at 3 pc to 137.49 billion units in Jan π Volkswagen sues India to quash 'enormous' $1.4 bn tax demand, legal filing shows π Power sector PSUs' investments to rise nearly 21 pc to Rs 86,138 cr in FY26 π Coal India reports first monthly production de-growth of 0.8 pc in Jan'25 π CAG building infra & processes to harness AI&ML: Sanjay Murthy *Mint :* π India's sugar production set to dip by 12 pc in 2025 season, forecast below 27 MMT: Report π Personal income tax buoyancy helped to offer relief: Finance secretary π Battery prices should come down by 10% after Budget 2025: Attero Recycling CEO π WeWork India files DRHP with SEBI to raise funds via IPO π India's nuclear energy ambitions: Aiming for 100 GW by 2047 π Texmaco Q3 profit grows over 2-fold to βΉ76 cr; order book touches βΉ7,612 cr π After Mexico and Canada, China says it'll challenge US tariffs under WTO π Insurance FDI hike may spur capital inflows of up to $12 billion π After Budget 2025 fires up hopes for urban consumption, eyes on RBI for rate cut π Healthcare gets a push: βΉ99,858 crore allocated, but still below 2% of budget π Centre sets new five-year target to cut debt to half of GDP