**Financial News**
Source: Leading Newspapers
Compiled by RUDRA SHARES
Vande Mataram
Wednesday, 03 December 2025

*Capital Markets & Fundraising*
• Swiggy plans a Rs 10,000-crore QIP next week; shares rise
• Capex gets only 17% share of IPO funds as promoters cash out through OFS
• Bank of Maharashtra OFS subscribed 400% of base size on Day 1; govt to use green shoe option
• FIIs net sell shares worth Rs 3,642 crore; DIIs net buy Rs 4,646 crore on December 2
• Bulk Deals: ASK Investment Managers picks up 0.58% stake in Rallis India
• Vidya Wires raises around Rs 90 crore from anchor investors ahead of Rs 300-crore IPO
• Meesho raises Rs 2,439 crore from anchor investors; book oversubscribed nearly 30 times
• Aequs collects Rs 414 crore from anchor investors ahead of IPO
• Large private banks remain valuation-friendly; CIO George Joseph bullish on exchanges and depositories

*Corporate & Industry Updates*
• Wockhardt shares jump after US FDA accepts new drug application for Zaynich
• Meesho’s logistics arm Valmo surpasses Delhivery in Q2 e-commerce order volumes
• KPI Green Energy receives a Rs 489-crore order in Gujarat
• IndiGo faces Rs 117-crore penalty related to input tax credit; airline to challenge ruling
• HC allows Dr Reddy’s Laboratories to export Semaglutide; blocks India sales till March 2026
• Pernod Ricard expects India business to outperform the US driven by strong macro trends
• Omnicom restructures India leadership team after merger with IPG
• Bajaj Finance sells Bajaj Hsg Fin shares at Rs 95.3 per share
• Vedanta’s fundraise via ESL is a parent rescue plan, alleges Viceroy

*Economy & Policy*
• Govt eases ‘small company’ rules; more firms to benefit
• Trade-deal uncertainty and FPI outflows deepen rupee weakness
• RBI MPC prepares for a forecast rebalance amid strong growth and easing inflation
• Centre to invite bids for Rs 7,280-crore rare earth magnet plants by January 2026
• Shapoorji Pallonji Group to approach banks to refinance Rs 2,000-crore loan

*Banking & Financial Services*
• SBI, HDFC, ICICI continue as systemically important banks: RBI
• Union Bank and Yes Bank set to enter Bank Nifty as the index expands

*Global Trade & Commodities*
• India’s seafood exports rise, driven by strong demand from EU, China and Vietnam
• Export promotion measures rolled out to offset tariff impact
• Russian crude finds its way back to Indian ports

*Consumer, Retail & Lifestyle*
• South Korean brands accelerate entry into India via JVs and investments in soju, beauty and foods amid K-wave boom

*Infrastructure & Aviation*
• Adani Group plans a $15-billion expansion in India’s airports by 2030

Jai Hind
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