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5 min read | Updated on September 05, 2025, 08:14 IST
SUMMARY
Stocks to Watch: Shares of Zydus Lifesciences are expected to be in the spotlight on Friday, September 5, as the company on Thursday said its wholly owned subsidiary, Zydus Lifesciences Global FZE, has entered into an exclusive licensing and supply agreement with Synthon BV of the Netherlands for Ozanimod Capsules (generic version of ZEPOSIA) for the US market.
The GIFT NIFTY futures suggest that the NIFTY50 index will open 61 points higher. | Image: Shutterstock
It will serve as a big booster to India's economic growth. "With the GDP growth rate having reached 7.8% in the first quarter of this financial year, the new reforms have the potential to accelerate the economy even further, raising the growth rate closer to double digits," Ambani said.
The envisioned hub will serve as a world-class facility focused on next-generation semiconductor innovation and beyond-silicon-chip technologies, placing India at the forefront of global semiconductor R&D, the company said in a statement.
"Building the National 2D Innovation Hub is a profound demonstration of India’s scientific leadership and collaborative strength. It will enable the acceleration of India’s journey toward leadership in 2D electronics and quantum technologies," Indian Institute of Science (IISc), Bangalore, Professor Mayank Shrivastava said.
"This partnership will provide SpiceJet passengers seamless access to Gulf Air's expansive network across the Middle East, Africa, Europe and Central Asia via Bahrain, while Gulf Air customers will gain enhanced connectivity to India through SpiceJet's extensive domestic network," SpiceJet said in a release.
Ticket sales under the agreement are expected to commence by early 2026.
The new service will be housed within the Swiggy app, alongside its other verticals like food delivery and the quick commerce segment, Instamart.
The company said it will soon launch an AI-powered gifting chatbot that recommends items based on the occasion, relationship, recipient's personality, and interests.
Maruti Suzuki India on Thursday said the GST rationalisation would help the automotive industry to come back to about 7% growth on a yearly basis.
In a statement, Maruti Suzuki India Chairman RC Bhargava said the automotive industry would be a direct beneficiary of faster economic development.
The GST Council on Wednesday (September 3) cleared proposed changes to the indirect tax regime, approving an overhaul of rates by limiting slabs to 5% and 18%, effective from September 22, 2025, the first day of Navaratri.
The move is also expected to lower cement prices by ₹25-30 per 50 kg bag, according to analysts.
A reduction in GST is likely to enhance the competitiveness of the Indian cement industry by creating a level playing field with global peers, said the Cement Manufacturers' Association (CMA).
"For a long time, cement has been taxed at one of the highest rates among essential building materials compared to sectors such as steel and several other construction input materials.
With this, the total installed and commercial capacity of the NTPC group has become 82,926 MW, a regulatory filing stated.
According to the filing, consequent upon the due approval of the competent authority and communication dated September 4, 2025, to the Central Electricity Authority (CEA), it is hereby informed that operations of NTPC Tanda Thermal Power Station, Stage-I, comprising of four units of 110 MW each, have been permanently discontinued from September 1, 2025.
Varun Beverages holds 50% paid-up capital, and Everest International Holdings holds the other 50% in the newly incorporated White Peak Refrigeration Pvt Ltd, it said in a regulatory filing.
PepsiCo bottler has invested ₹21.25 crore in the JV and holds 2.13 crore (or 21,250,000) equity shares with a face value of ₹10 each in it. Since it's a 50:50 JV, Everest International holds the same number of shares in the visi-cooler manufacturing company.
White Peak Refrigeration’s total paid-up share capital stands at ₹42.5 crore.
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