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December 26, 2025 TOP NEWS Vikran
Engineering: Secured an order worth Rs 459.2 crore from NTPC Renewable Energy
for EPC works of a 400 MW AC solar project. Positive IndusInd
Bank: SFIO Initiates Probe Into IndusInd Bank
Accounting Discrepancy Case: The Serious Fraud Investigation Office has
launched an investigation into the accounting discrepancies of IndusInd Bank,
whose cumulative impact is seen at around Rs 2,000 crore. On Dec. 18, media reports had said that the Ministry of
Corporate Affairs has directed the SFIO to probe the affairs of IndusInd
Bank, citing public interest and serious accounting irregularities flagged by
statutory auditors and forensic reports. Negative Swiggy/ Zomato: Instant delivery service or gig
workers employed by Swiggy, Zomato, Blinkit
and other similar companies observed an all-India strike on Christmas,
December 25 and will be holding another protest on December 31, to highlight
their concerns over worsening work conditions and low wages. Negative Ola
Electric stated that it has received government approval for the release of
Rs. 366.78 crore in incentives under the PLI scheme for automobiles and auto
components. This liquidity development is expected to attract the attention
of stock investors. Positive Castrol
India: Shares of Castrol India are in focus on Friday after Motion JVCo, Stonepeak, and CPP
Investment Board launched an open offer to acquire 26% stake in the company.
The consortium plans to buy 25.71 crore shares of Castrol India at a price of
Rs 194 apiece, a 2% premium to the stock's closing price on Wednesday.
Positive JK
Cement Limited has secured a significant milestone by being declared the
preferred bidder for a limestone mining lease in Rajasthan. The company
participated in an e-auction conducted by the Government of Rajasthan and
emerged successful in securing the Kishanpura
limestone block. Positive Adani
Power: The company has increased its long-term installed capacity goal to
41.87 gigawatts by FY32 and announced capital expenditure of around Rs. 2
lakh crore, marking one of the most ambitious
private-sector expansion strategies in India’s thermal power sector. The
development is expected to boost the company's capacity and revenue in the
long run. Positive Zota Healthcare: The company has raised Rs 350 crore
from a group of marquee investors through a qualified institutional placement
(QIP) issue by allotting 22,80,130 equity shares at Rs 1,535 per share.
Investors who participated in the issue include Valiant Partners, 360 ONE,
Prashant Jain-led 3P Investment Managers, White Oak Capital, Sanshi Fund-I,
and Turnaround Opportunities Fund, among others. Lenskart Buys 29% Stake in Korea’s iiNeer
for ₹18.6 Cr: Lenskart Solutions Limited has
announced a strategic overseas investment through its wholly owned
subsidiary, Lenskart Solutions Pte. Ltd.,
Singapore. The subsidiary has approved an investment of KRW 3 billion
(approximately ₹18.6 crore) to acquire a 29.24% stake in iiNeer
Corp. Ltd., a South Korea–based optical machinery manufacturer. |
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