📰 India Business Brief: Top Headlines for September 17, 2025

Business Standard

• India is actively pursuing measures to bolster its shipbreaking industry, aiming to attract more business with an estimated 40 billion rupees in incentives.
• Meta has informed the National Company Law Appellate Tribunal (NCLAT) that the Competition Commission of India (CCI) is penalizing it for providing superior services, challenging a fine related to WhatsApp's 2021 privacy policy.
• The Indian stock market is seeing active IPOs, with Urban Company, Shringar House, and Dev Accelerator IPOs in focus, alongside specific stock recommendations for today.
• SpiceJet has expanded its fleet by adding eight Boeing 737s in anticipation of the upcoming festive season.
• Concerns are rising over policyholders bearing the brunt of increasing medical costs due to issues between hospitals and insurers.
• Zepto has partnered with ClearTax to assist its delivery executives with filing Income Tax Returns (ITRs).
• FMCG companies are reducing prices, passing on the benefits of GST adjustments to consumers.
• The government has proposed tax exemptions for up to 20 years for data centre developers to encourage investment in the sector.
• UBL is targeting a 6-7% growth this year, banking on GST reforms to stimulate demand.

Economic Times

• India's VIX (Volatility Index) has reached lifetime lows, suggesting that traders perceive limited near-term market risks.
• India aims to secure a 5% share in the global shipbuilding market by 2030, according to a government minister.
• The current tariff environment initiated by the Trump administration presents India with a "1991-like chance" to redefine its trade strategy.
• Former US President Trump called PM Modi on the eve of his 75th birthday, indicating acceleration in India-US trade talks.
• Nestle's chairman, Paul Bulcke, is set to step down following the dismissal of the CEO.
• India has made a significant leap in innovation, rising to the 38th position among 139 economies in the Global Innovation Index (GII) 2025, up from 81st in 2015.
• ESAF Small Finance Bank is planning to raise between Rs 300-500 crore in tier-1 capital to support business expansion and improve its capital adequacy ratio.
• Asian stock markets experienced a slight dip as investors cautiously awaited the US Federal Reserve's interest rate decision.
• Ola, Uber, and Rapido have received provisional licenses for bike taxi services in the Mumbai Metropolitan Region, with a fixed minimum fare.
• Galaxy Medicare's IPO is set for listing today on the NSE SME platform, with subdued GMP and moderate subscription levels.
• JPMorgan is reportedly planning to reduce the share of China and India in its Emerging Market Bond Index.
• ITC and Temasek are among a dozen companies vying for a 10% stake in Balaji Wafers.
• NTPC Green Energy has successfully commissioned an additional 100 MW capacity, bringing its total operational capacity to 400 MW out of 500 MW for IRCON Renewable Power Ltd.
• Wipro has expanded its partnership with CrowdStrike to launch CyberShield MDR, an AI-powered managed security service for enhanced enterprise security.

Mint

• Urban Company's IPO is listing today, with market experts predicting a strong debut for its shares.
• Prime Minister Modi received a birthday call from former US President Trump, following what were described as "positive" trade talks.
• Discussions between Trump and Xi are in focus, with China reportedly considering a review of TikTok's technology exports.
• Groww has submitted updated draft papers for an IPO valued at approximately ₹7,000 crore.
• The Supreme Court has dismissed a plea seeking to bring political parties under the ambit of the Prevention of Sexual Harassment (POSH) Act.
• India and the US are actively working towards a swift trade deal as negotiations resume amidst ongoing tariff tensions.
• The deadline for filing Income Tax Returns (ITR) for Assessment Year 2025-26 was extended by a day to September 16, 2025, due to reported glitches on the e-filing portal.
• MarketSmith India has released its top stock recommendations for September 17, offering insights for investors.
• Indian equity markets showed a strong recovery today, driven by positive global cues and optimism surrounding the India-US trade discussions.
• Mother Dairy has announced price reductions for milk, paneer, butter, and ghee, passing on the benefits from recent GST rate cuts to consumers.
• A small-cap stock, Integrated Industries, trading under ₹25, saw an 8% jump today as the Indian stock market rebounded.

TAGS: Headlines, Business News, Economic Times, Business Standard, Mint, Top News

Tags: Headlines Business News Economic Times Business Standard Mint Top News