IEPFA Speeds Up Small Payouts
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🗞️ Bombay Coated & Special Steels Refiles ₹191 Cr IPO
Bombay Coated and Special Steels has refiled its IPO papers with SEBI to raise ₹191 crore, trimming the offer size compared to its earlier filing. The refiling signals a more measured approach amid volatile primary markets and cautious investor sentiment around mid-sized issuances.
The company is looking to tap the market again after reassessing demand in the current IPO environment.
🗞️ Shadowfax Lists at 9% Discount on Market Debut
Logistics startup Shadowfax made a weak debut on the stock exchanges, listing at a 9% discount to its IPO price. The muted listing reflects heightened scrutiny of new-age businesses and selective risk appetite among investors in recent IPOs.
The performance underscores how valuation discipline has returned to the primary markets.
🗞️ India’s Industrial Output Rises to 7.8% in December
India’s industrial output rose to 7.8% in December 2025, up from 7.2% in November, driven by strength in manufacturing and capital goods. The improvement points to resilient domestic demand and steady momentum in the investment cycle.
Data released under the Index of Industrial Production highlights broad-based growth across key sectors.
💬 Expert Take — “A sustained pickup in industrial output suggests India’s capex-led growth story remains intact, especially as private investment begins to complement public spending.”
🗞️ India–EU Trade Pact May Boost Global Expansion of 2W Firms
A potential India–EU trade pact could significantly aid overseas expansion for Indian two-wheeler manufacturers by easing tariffs and improving market access. Industry players believe this could strengthen India’s position in global automotive exports.
According to industry analysis, European markets offer strong demand potential for fuel-efficient and electric two-wheelers.
🗞️ India’s Pumped Storage Capacity to Cross 100 GW by 2036
India’s pumped storage capacity is projected to exceed 100 GW by 2036, playing a crucial role in balancing renewable energy supply and improving grid stability. This expansion will support India’s rapid solar and wind energy rollout.
As highlighted in the energy outlook, pumped storage is emerging as a backbone for large-scale renewable integration.
💬 Expert Take — “Pumped storage will be a key enabler of India’s clean energy transition, allowing higher renewable penetration without compromising grid reliability.”
🗞️ Reliance Industries Signs Offshore Resource Pact With ONGC
Reliance Industries has signed an agreement with ONGC to share offshore infrastructure and resources, aiming to reduce duplication and optimise exploration efficiency. The collaboration is expected to lower costs and accelerate offshore energy development.
The offshore resource-sharing pact reflects increasing cooperation between public and private players in India’s energy sector.
🗞️ Economic Survey Flags Risks of Fiscal Populism in States
India’s Economic Survey has cautioned that rising fiscal populism by states could strain public finances and crowd out long-term capital expenditure. The report stresses the importance of balancing welfare measures with sustainable fiscal management.
The warning comes amid growing concerns highlighted in the latest Economic Survey.
🗞️ IEPFA Plans Faster Payouts for Small Unclaimed Shares
The Investor Education and Protection Fund Authority plans to speed up payouts for low-value unclaimed shares and dividends. The move aims to improve recovery timelines and reduce friction for retail investors seeking to reclaim their assets.
This step is expected to make the unclaimed asset recovery process more efficient and investor-friendly.
📊 Market Update
📈 Sensex: 82,566.37 ▲ 221.69 pts (+0.27%)
📈 Nifty 50: 25,418.90 ▲ 76.15 pts (+0.30%)
🪙 Gold (per gram): 24K ₹17,885 ▲ ₹1,177 | 22K ₹16,395 ▲ ₹1,080
🥈 Silver (per kg): ₹4,10,000 ▲ ₹30,000
The pumped storage expansion is huge for India's renewable goals. The 100 GW target by 2036 basically solves the intermittency problem that's been holding back solar and wind adoption at scale. I worked on an energy infra project last year and the biggest bottleneck was always grid balancing, so this changes teh whole economics of renewables.