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Morning News
03/09/2025
Good Morning
Vande Mataram
News Headlines from Leading Financial Newspapers, Compiled by *Rudra Shares*
Wednesday, 03 September 2025
*Policy & Governance*
•Trump announces relocation of US Space Command headquarters to Alabama, overturns Biden’s decision
•Citizens of Nepal, Bhutan not required to carry passport, visa for entering India, as earlier: MHA
•GST rate hike to cripple India's garment industry: Clothing Manufacturers Association of India
•GST panel calls for steep levies on luxury EVs in blow for Tesla, BMW
•GST Council meeting on Sep 3-4: Exemption on cards for cancer drugs
•Sebi clears IPOs of 13 firms including Urban Company, Boat's parent
•Sebi tightens norms for intraday position limits in index options
•Banks nearing limit to buy bonds; RBI meeting bankers ahead of H2 calendar
•Recent change in rules likely to boost critical mineral mining, says minister
*Banking & Finance*
•Mukesh Ambani’s Reliance plans $2 billion asset-backed securities deal
•CCI approves SMBC's stake buy in Yes Bank
•IndusInd Bank appoints Pragati Gondhalekar as Head – Internal Audit, Senior Management Personnel
•ACME Solar Holdings seeks shareholders' nod to raise up to ₹3,000 crore
*Corporate & Industry*
•Ceat expects Camso integration to boost its topline by 10-15%
•Poor telecom connectivity by private operators in rural, remote areas flagged at PAC meeting
•Zomato hikes platform fee to Rs 12 ahead of festive season
•Flipkart appoints ex-Google executive Balaji Thiagarajan as chief technology and product officer
•Expect consumption growth in coming quarters if GST reduced, will pass on benefits to consumers: Britannia
•India now offers round-the-clock renewable energy at globally unmatched rates: Piyush Goyal
•Bharti Airtel arm Indus Towers announces Africa foray, starting with Nigeria, Uganda, Zambia
•Waaree Energies to acquire 64% stake in Kotson's for Rs 192 crore
•Indian brands ride swadeshi wave amid tariff tensions
•Rural India sees surge in affordable premium FMCG purchases, outpacing urban markets
•Zee Entertainment hits record 18.2% linear TV market share in July
•CityMall raises $47 mn funding to build value e-commerce for Bharat
•TCS extends partnership with Tryg in 7-year deal worth Rs 5,695 crore
•Medanta opens 550-bed super specialty hospital in Noida, Delhi-NCR
•Tariffs, costs, and shifting strategies: Indian pharma's new playbook
*Global Business & Trade*
•Russian oil shifts to China as tariffs hit India
•Russian crude discounts widen; India continues purchases despite US pressure
•India to raise LNG import capacity by 27% to 66.7 million tons a year
•European Stocks Drop as CEO Ouster Hits Nestle; Focus on US Data
•Japanese shipping major MOL in talks with govt to build ships in India
•Japan's MOL plans to ramp up India fleet with domestically built vessels
Jai Hind
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