1 / 13Tata Steel | The company said it has infused ₹1,354.94 crore into its wholly owned foreign subsidiary, T Steel Holdings Pte Ltd, by subscribing to equity shares. The company acquired 149 crore shares at a face value of $0.1008 each, and the subsidiary will continue to remain wholly owned following the transaction.
2 / 13RITES Ltd | State-owned engineering and consultancy firm said it has signed an MoU with the government of Botswana to support the development and modernisation of the country’s railway and transport infrastructure. Signed in Gurugram, the agreement will see Botswana leverage RITES’ technical expertise for railway modernisation, including rolling stock supply, operations and maintenance support, and workshop upgrades, along with broader transport infrastructure development.
3 / 13Tata Chemicals Ltd | The company said its wholly owned subsidiary, Tata Chemicals International Pte Ltd, has signed a share purchase agreement to acquire 100% stake in Singapore-based Novabay Pte Ltd, a maker of premium-grade sodium bicarbonate. The acquisition is subject to conditions under the agreement and is expected to be completed by March 2026.
4 / 13Granules India Ltd | The company said its wholly owned subsidiary, Granules Life Sciences Pvt. Ltd, has completed a US FDA Good Manufacturing Practices and prior approval inspection at its Hyderabad facility. Conducted between December 15 and 19, the inspection concluded with five procedural observations, none of which relate to data integrity or product safety, the company said.
5 / 13Indian Hotels Company Ltd | Tata Group hospitality firm IHCL said its joint venture with the GVK-Bhupal family in Taj GVK Hotels and Resorts will shift from a shareholding structure to a long-term management arrangement. As part of the move, IHCL will sell its entire 25.52% stake in Taj GVK to the GVK-Bhupal family, which will continue as promoters with a 74.99% holding after completion.
6 / 13Indraprastha Gas Ltd | The company said it has signed a joint venture agreement with Hindustan Waste Treatment Pvt Ltd (HWT) to develop compressed biogas (CBG) plants and biofuel projects. The JV will have equal equity participation, with both partners holding 50% each, and an initial board of four directors—two nominees from each company.
7 / 13Allcargo Terminals Ltd | Multimodal logistics operator reported container freight station (CFS) volumes of 55.3 thousand TEUs in November 2025, marking a 16% year-on-year increase while registering an 8% decline compared with October 2025.
8 / 13Sudeep Pharma | Vadodara-based firm’s Q2 net profit fell 6.15% year-on-year to ₹45.8 crore, while EBITDA declined 11.2% to ₹55.5 crore and margins narrowed sharply to 34.1%. Revenue, however, rose 9.3% from a year earlier to ₹162.7 crore, reflecting steady top-line growth despite margin headwinds.
9 / 13The Adani Group | The Group is evaluating a potential entry into nuclear power generation after the Centre opened the sector to private companies, a policy shift aimed at boosting clean, reliable baseload energy. The move could open up long-term opportunities for large infrastructure players with execution and capital-raising capabilities. (Image: Reuters)
10 / 13ICICI Prudential Asset Management | The company has filed draft documents with SEBI to launch a specialised investment fund under the regulator’s new framework. The proposed fund is aimed at catering to investors seeking differentiated and advanced investment strategies.
11 / 13Vedanta Resources | Fitch Ratings revised Vedanta Resources’ outlook to positive, citing progress on deleveraging, improved liquidity and better earnings visibility. The rating action reflects expectations of stronger cash flows and a gradual improvement in the group’s balance sheet position.
12 / 13Maruti Suzuki | The manufacturer plans to approach the Prime Minister’s Office over the proposed CAFE-III fuel-efficiency norms, amid growing industry concerns over their impact. Automakers argue that stricter standards could raise vehicle costs and disproportionately affect the small and affordable car segment.
13 / 13Suraj Estate Developers | The developer has acquired two land parcels in Bandra West, one of Mumbai’s premium real estate markets, to develop new residential projects. The acquisition adds to the company’s project pipeline and underlines its focus on high-value urban redevelopment opportunities.
