*Financial News* 
Source: Leading Newspapers
 *Compiled by: RUDRA SHARES* 
Wednesday, 24 December 2025
Vande Mataram

 *CAPITAL MARKETS & IPOs* 
• SEBI clears IPOs of ESDS Software Solution, BLS Polymers and Dhariwal Buildtech, together raising over Rs 1,700 crore.
• Gujarat Kidney and Super Speciality IPO crosses 2x subscription on Day 2.
• OYO-parent PRISM receives shareholder approval to raise up to Rs 6,650 crore through IPO.
• Tonbo Imaging, a Bengaluru-based defence electronics firm, files IPO papers with pure OFS.
• Shyam Dhani Industries IPO attracts 241x subscription on Day 2; GMP jumps to 88%.
• Coal India board gives in-principle approval to list subsidiaries Mahanadi Coalfields and SECL.

 *STOCK MARKET MOVEMENTS* 
• Puravankara shares rise after acquiring Bengaluru land parcel with GDV of Rs 4,800 crore.
• HFCL shares gain as company launches QIP at a premium; Axis Securities sees upside.
• Coal India shares advance for the fifth straight session amid IPO buzz of coking coal unit.
• Railway stocks extend gains on Budget optimism; IRCON, Railtel, RITES and Jupiter Wagons rise up to 10%.
• Adani cement business merger seen benefiting Ambuja Cement shareholders.
• Samsung India says industry growth may be flat in 2026, but company targets double-digit growth.
• Ajanta Pharma signs agreement with Biocon to market semaglutide in 26 countries.

 *BANKING, FINANCIAL SERVICES & INVESTMENTS* 
• SBI Mutual Fund acquires 5.8% stake in Belrise for over Rs 788 crore.
• Amansa Investments sells 2.4% stake in Restaurant Brands Asia.
• Union Bank of India cuts interest rates on select retail loans by up to 160 bps.
• Tata Motors Finance settles SEBI matter for Rs 32 lakh related to NCD issue.
• PFC withdraws planned bond issue for the third time in FY26 due to high bids.

 *FII / DII & MARKET FLOWS* 
• FIIs/FPIs net sell Indian equities worth Rs 1,795 crore.
• DIIs provide support with net buying of Rs 3,812 crore.
• Year-ender 2025: Record FII selloff cushioned by strong DII inflows.

 *INFRASTRUCTURE, RAILWAYS & EPC* 
• RITES secures Rs 318-crore order from South African firm for diesel electric locomotives.
• Rail Land Development Authority receives record Rs 2,250 crore bid for 2.5-acre Mumbai land parcel.
• L&T wins BPCL hydrocarbon business order worth up to Rs 10,000 crore.
• IRB Infrastructure Trust wins NHAI’s TOT-18 highway concession in Odisha.
• Saleem Ahmad takes charge as Chairman and Managing Director of RVNL.

 *ENERGY, OIL & GAS* 
• HMEL to invest Rs 2,600 crore in Bathinda refinery for downstream expansion.
• GAIL signs MoU with Chhattisgarh government for 12.7 LMT gas-based urea project.
• RBI to infuse Rs 2.90 lakh crore liquidity via bond purchases and OMOs.

 *AUTOMOBILE & EV* 
• Tata Motors to keep factories focused on electric vehicle production.
• Tata Motors EV arm plans to launch five new models by FY30 with capex of Rs 18,000 crore.
• Ola Electric launches Hyperservice Centres offering same-day service guarantee.
• Delhi government plans to reintroduce EV subsidies to combat pollution.

 *TECHNOLOGY & DIGITAL PLATFORMS* 
• Groww launches backup trading portal to ensure continuity during outages.
• HCLTech subsidiary to acquire Jaspersoft from Cloud Software Group for $240 million.
• Refurbished smartphone market expected to see double-digit growth.
• Rising chip costs may impact 2026 smartphone sales as prices jump up to 40%

 *ECONOMY & POLICY* 
• India avoids questionable practices used by other nations to measure growth, says CEA V Anantha Nageswaran.
• Budget wish list: Mortgage companies seek tax holiday for affordable housing projects.
• Investors call for independent advisory body for nuclear power sector.
• Gold crosses $4,500 for the first time on rate-cut expectations and geopolitical tensions.
• Jane Street hires Washington DC lobbyists amid ongoing India probe.

Jai Hind
Rudra Hai to Mudra Hai
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