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Morning News

28/02/2026

*Financial News* 
Source: Leading newspapers
 *Compiled by RUDRA SHARES* 
Vande Mataram
Saturday, 28 February 2026


**Economy & Policy**
• Fiscal incentives on cards to boost India's share in fibre production
• ‘GDP revision may widen FY27 fiscal deficit ratio, raise debt path concerns
• New GDP series makes debut; economy grows at 7.8% in Q3
• Firm growth, subdued inflation keep India in sweet spot: Nandi
• Agencies can't launch probe solely on poll funding allegations: CBI court


**Politics & Legal**
• Supreme Court rejects SpiceJet's plea, imposes fine
• SIR in West Bengal: SC refuses to entertain state's objection to training module for judicial officers
• Tamil Nadu: Parties seek single-phase election; ECI to decide soon
• Delhi excise policy case: Kejriwal, Kavitha claim moral victory after court discharge
• Delhi excise policy case: Flagging 'destroyed SIMs', BJP calls discharge 'technical'
• Congress alleges BJP-AAP nexus in clean chit to Arvind Kejriwal in Delhi excise case


**Automobile & Aviation**
• Global auto giants bet big on India as sales slow elsewhere
• Maruti Suzuki commissions 7 automated driving test tracks in Tamil Nadu
• Nexa Studios may contribute 30% to Nexa sales by FY31: Maruti Suzuki
• C. Wood picks IndiGo, Adani Power in India portfolio rejig


**Banking & Financial Services**
• SBI leases 134,000 sq ft of office space in Navi Mumbai for its GCC
• DII buying hits Rs 12,293 crore, highest since Oct 2024; FIIs net sell Rs 7,536 crore
• We do not want to increase our stake beyond 49% in Vodafone Idea: Telecom Minister Jyotiraditya Scindia
• Fino Payments Bank MD & CEO Rishi Gupta arrested under GST acts; CFO takes interim charge


**Capital Markets & IPO**
• Gaudium IVF shares list at 5% premium over IPO price on NSE, beat grey market estimates
• PNGS Reva Diamond Jewellery IPO subscribed 1.23 times on final day of bidding
• Omnitech Engineering IPO subscribed 1.14 times on final day of bidding
• Strong order book, expansion plans drove IPO timing, says Omnitech Engineering promoter
• Vaccine maker Bharat Biotech is said to mull $500 million ipo
• Clean Max Enviro IPO GMP indicates muted listing; experts recommend long-term hold
• Promoter pares 14% stake in Vishal Mega Mart; HDFC MF, Govt of Singapore among 3 investors pick up over 6% shares
• XED to launch GIFT City's first IPO of $12 million; public issue to open on March 6


**Energy, Power & Infrastructure**
• Andhra Pradesh to open coastline for rare earth mining, eyes China import cut and titanium hub
• NTPC pays power ministry ₹2,666.58 crore as second dividend for FY26
• Norway's sovereign wealth fund drops Adani Green Energy from its portfolio
• NBCC inks MoUs with DDA for ₹775 crore redevelopment of staff colonies


**Technology & AI**
• OpenAI raises $110 billion with investments from Amazon, Nvidia, SoftBank
• 'We don't need it, we don't want it': US bans Anthropic products from agencies in AI feud
• IT industry will come back bigger and stronger, says Ramesh Damani amid AI fears


**Pharma & Healthcare**
• PM Modi to inaugurate Micron facility in Sanand today
• India set to enter global chipmakers' club with Micron's Sanand debut today
• Glenmark to launch generic sodium phosphates injection in US in April 2026
• Novo Nordisk, Abbott tie up to launch second Ozempic brand in India


**Hospitality & Real Estate**
• Hyatt expects to five-fold its India footprint over next five years: CEO


**Metals, Chemicals & Manufacturing**
• Anupam Rasayan completes USD150-mln acquisition of US speciality chemical maker Jayhawk
• Greaves Cotton expects EU FTA to boost exports to 20% of revenue: CEO
• Proterial to set up metglas plant in Andhra Pradesh under PLI scheme


**Commodities**
• India's gold demand to be led by institutions and market infrastructure: World Gold Council CEO at Rising Bharat Summit


**Media & Global Corporate**
• Warner Bros signs $110 billion deal with Paramount, its executive discloses in townhall

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