YATRA ONLINE: CEO CHANGE—DHRUV SHRINGI RESIGNS, NEW CEO APPOINTED
Dhruv Shringi resigns as CEO of Yatra Online for personal reasons, effective 24 November 2025. He will continue on the board as Chairman of the company. Siddhartha Gupta is appointed as the new CEO and KMP, effective 25 November 2025, bringing over 20 years of leadership experience. The company cites technical glitches for a delayed filing of the announcement.
ATISHAY LIMITED: WINS MULTI-DIVISION E-MITRA KIOSK CONTRACT IN RAJASTHAN
Atishay has received a Letter of Acceptance from RajCOMP Info Services to serve as the Local Service Provider for e-Mitra kiosks. The project covers 17 districts across Ajmer, Bikaner, and Jaipur divisions. The company will manage setup, manpower, training, tech support, and operations for urban and rural kiosks. The contract follows a revenue share model with no fixed value and runs for five years.
VARUN BEVERAGES: CAMPA AND LAHORI ZEERA DOUBLE MARKET SHARE, EATING INTO COLA GIANTS’ BUSINESS SAYS ET REPORT
Campa and Lahori Zeera have doubled their combined market share in India according to an ET report. The growth of these value soft drink brands is taking share from established players including Coca-Cola and PepsiCo. Momentum continues despite limited nationwide presence and a challenging summer season, with strong traction in Tier 2 and Tier 3 markets.
ADANI ENTERPRISES: ADANI’S 1.2 BILLION DOLLAR COPPER SMELTER HIT BY GLOBAL ORE SHORTAGE SAYS ET
Kutch Copper’s new smelter in Gujarat is receiving less than 10 percent of its required copper ore due to a global supply crunch. Shortages are driven by mine outages, production cuts, and China’s rapid smelting capacity expansion absorbing global ore volumes. The 500,000 tonne per year plant is running at low capacity, with imports below required levels delaying scale up and full commissioning.
AC STOCKS: GOVT PLANS MEASURES TO CUT ENERGY USE IN AC SECTOR — DPIT SEC
The government notes that energy consumption from air conditioners is expected to rise sharply in coming years. Authorities are exploring energy-efficient technologies to reduce power load in ACs. There is a focus on tech transfer to India to boost domestic AC manufacturing. Efficiency mandates and other measures are being evaluated to curb overall power consumption in cooling systems.
VOLTAS, BLUE STAR, HAVELLS: AC PRICES TO RISE 7–10% FROM JANUARY AS NEW BEE STAR NORMS KICK IN — BUSINESS LINE REPORT
New BEE efficiency norms and rupee depreciation are expected to increase AC prices by 7–10% from January. Companies anticipate higher Q3 FY26 demand as customers advance purchases before the price hike. Retailers are likely to clear older star-label inventory, boosting near-term sales volumes. Seasonal demand ahead of summer is expected to support continued sales momentum for AC makers.
BLUE CLOUD SOFTECH: CO FORMS JV TO BUILD NEXT-GEN EDGE-AI CHIP “ECLIPSEX1” FOR INDUSTRIAL & AUTOMOTIVE USE
Blue Cloud Softech partners with US-based Byte Eclipse Technologies to design, manufacture, and commercialize Edge-AI microprocessor chipsets. The JV will develop EclipseX1, a low-latency RISC-V Edge-AI SoC with built-in NPU, security engine, and 12 TOPS performance under 10W. Byte Eclipse receives exclusive US and Europe rights for international commercialization of the chipset. Target applications include industrial automation, automotive telematics, ADAS modules, EV charging, and smart energy systems.
TEXTILE STOCKS: INDIA & AFGHANISTAN DISCUSS DEEPER COOPERATION IN TEXTILE SECTOR
Delegations from India and Afghanistan met in New Delhi to explore expanded economic engagement in textiles. India offered technical support and training programs for Afghan cotton farmers to improve yield and quality. Discussions included smoother shipment processes, simplified visas, and coordination between industry bodies. Afghanistan aims to build its textile ecosystem, create local employment, and leverage India’s expertise in cotton production.
GLENMARK: CO LAUNCHES WORLD’S FIRST NEBULIZED TRIPLE THERAPY FOR COPD
Glenmark introduces Nebzmart GFB Smartules and Airz FB Smartules — the first nebulized fixed-dose triple therapy combining Glycopyrronium, Formoterol, and Budesonide. The therapy offers a single, easy-to-use nebule for COPD patients, replacing multiple inhalers. Indian studies show improved lung function, reduced breathlessness, and a strong safety profile. The treatment is especially beneficial for elderly patients and those who struggle with MDIs/DPIs.
ONE POINT ONE SOLUTIONS: CO WINS MULTI-YEAR EDU-TECH PARTNERSHIP WORTH USD 1 MILLION
1Point1 signs a multi-year global partnership with a leading Edu-Tech provider for AI-enabled online exam integrity solutions. The deal, executed through its US subsidiary, strengthens the company’s presence in the online assessment market. The online exam market is growing at a 16% CAGR, with a total addressable market of USD 1.3–1.8 billion. 1Point1 will scale proctoring operations, transition workflows to Bengaluru, and support a global customer base.
LARGE VOLUME STOCKS AT 9:25 AM
ASK Auto Limited – 41.00×
Bilvy Apparel Ltd – 9.39×
MO Gold Ltd – 4.78×
Jet Freight Logistics Ltd – 3.07×
Nuvoco Vistas Corporation Ltd – 3.06×
NK Industries Ltd – 2.88×
Cineline India Ltd – 1.48×
Adani Wilmar Ltd – 1.47×
MODERATE VOLUME STOCKS AT 9:25 AM
Crown Lifters – 1.37×
Fischer India – 1.32×
Aditya Birla Sun Life ETF – 1.19×
Orient Electric – 1.08×
Shekhawati Poly-Yarn – 0.82×
Nippon Battery – 0.73×
SMALL VOLUME STOCKS AT 9:26 AM
Shyam Century Cement – 0.72×
Suryarosni – 0.70×
DIA Cables – 0.68×
Unimech Industries – 0.63×
Shiva Mills – 0.62×
Premier Explosives – 0.61×
HEG – 0.59×
Logbros – 0.58×
Exicom Tele-Systems – 0.58×
STEEL STOCKS: STEEL SEC SAYS GOVT DECISION ON SAFEGUARD DUTY EXPECTED SOON
The Steel Secretary stated that the provisional safeguard duty lapsed on 6 November 2025. Currently, there is no safeguard duty in place on steel imports. A government decision regarding the re-imposition or revision of safeguard duty is expected soon.
ACME SOLAR: CO SIGNS 200 MW SOLAR + 100 MW/400 MWH BESS PPA WITH SECI
ACME signs a 25-year PPA with SECI for 200 MW solar and 100 MW/400 MWh battery storage at Rs.3.42/unit. The agreement increases ACME’s total PPA-signed capacity to 5.38 GW. Project commissioning is expected by June 2027, utilizing existing connectivity approvals. ACME will maintain a CUF of 25–27% during daytime and 70%+ monthly availability during peak hours.
DESCO INFRATECH: CO BAGS Rs.8.08 CRORE ORDERS ACROSS MULTIPLE CLIENTS
Desco receives a Rs.1.77 crore LOA from MNGL. Additional orders worth Rs.6.31 crore include Adani Total Gas (Rs.5.04 cr), KP Energy (Rs.0.78 cr), Sundrops Energia (Rs.0.54 cr), and Antelopus Selan Energy (Rs.0.42 cr). Scope includes PNG O&M services, overhead line work, DP structure work, and MDPE pipeline commissioning.
TRUMP: SAYS HE HAD A VERY GOOD TELEPHONE CALL WITH PRESIDENT XI OF CHINA — ET NOW
Trump states he had a positive call with President Xi discussing Ukraine/Russia, fentanyl, soybeans, and other farm products. He says a strong deal is in place for US farmers and bilateral relations remain extremely strong. The call follows their meeting in South Korea three weeks earlier.
ORGANIC RECYCLING SYSTEMS: ORSL SIGNS MOU WITH IIT BHU TO BOOST BIOGAS EFFICIENCY AND INNOVATION
Organic Recycling Systems signs an MoU with IIT BHU for research collaboration in biogas and waste-to-energy systems. The partnership will focus on improving biogas yield, biomethanation efficiency, and developing AI-driven control tools. The collaboration aims to accelerate deployment of next-gen anaerobic digestion systems in India.
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