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* Nigerian central bank holds policy rate at 27% as policymakers exercise caution The Central Bank of Nigeria (CBN) maintained its benchmark interest rate at 27%, choosing to pause further easing despite an earlier cut in September. The bank adjusted its policy rate corridor to improve transmission, signalling a cautious approach to future cuts even as inflation shows signs of easing.

* U.S. Pending Home Sales Rise 1.9% in October Amid Lower Mortgage Rates Contracts to purchase previously-owned homes in the U.S. climbed 1.9% in October, beating expectations, as falling mortgage rates encouraged buyers; however, the year-on-year decline of 0.4% signals lingering weakness in the housing market.

* Bolivia negotiates over $9 billion in multilateral financing to boost economic recovery Bolivia’s new government is seeking more than USD 9 Bn in loans from institutions such as the World Bank and the Development Bank of Latin America (CAF), with roughly a third expected within 60–90 days, aiming to stabilise high inflation, a large fiscal deficit and foreign currency shortages.

* Fed’s Miran calls for large rate cuts, cites tight monetary policy Stephen Miran, a member of the Federal Reserve Board of Governors, declared that U.S. monetary policy is “too tight” and advocated for significant rate cuts, noting the recent rise in unemployment and minimal current inflation risk. He emphasised the need for the Fed to quickly move toward a neutral rate and signalled a shift in the balance sheet toward Treasury bills.

* EU Commission says euro-zone 2026 fiscal stance should stay neutral The European Commission recommends that the euro-area maintain a neutral fiscal stance in 2026, despite calls from some members for increased stimulus, stressing instead that structural reforms and investments should drive growth.

* Ukraine Accepts U.S.–Brokered Peace Framework; Russia Talks Begin Ukraine has agreed to the revised U.S.-proposed 19-point peace plan, which removes limits on its military size and drops earlier amnesty provisions. With Kyiv’s acceptance, negotiations with Russia are now underway under U.S. mediation, marking a significant step toward de-escalation of the conflict.

* Bharti Airtel Promoter Indian Continent Investment is likely to sell up to 3.43 crore shares (0.56% stake) in the telecom operator via a block deal, with an offer size of $806 million and a floor price of Rs 2,096.7 per share, reports CNBC-TV18, quoting sources.

* Zydus Lifesciences The pharma company has received final approval from the United States Food and Drug Administration (USFDA) for Verapamil Hydrochloride extended-release tablets USP, in 120 mg, 180 mg, and 240 mg strengths. Verapamil Hydrochloride tablets, which are used to lower high blood pressure, had annual sales of $24.5 million in the United States (as per IQVIA MAT September 2025).

* Nelco The company has received additional authorization from the Department of Telecommunications for 10 years to sell VSAT services of other UL-GMPCS licensees. The company’s Unified License and the validity of the additional UL VNO-GMPCS services authorization will be coterminus with the validity of the Unified License (VNO – Virtual Network Operator).

* Indraprastha Gas The company has entered into a Joint Venture Agreement with CEID Consultants & Engineering for setting up compressed bio gas plants / biofuel projects. The shareholding in the joint venture will be 50% for Indraprastha Gas and 50% for CEID.

* Bank Of Maharashtra The Central Government has appointed Prabhat Kiran as Executive Director of the bank for three years, effective November 24. Earlier, Prabhat Kiran was the Chief General Manager at Canara Bank.

* Rashtriya Chemicals and Fertilizers The Government of India has entrusted the additional charge of CMD to Nazhat J Shaikh, Director (Finance) of the company, for a period of six months effective January 1, 2026.

* United Breweries The company has launched Heineken Silver in New Delhi, effective November 25. The current launch is focused on catering exclusively to the domestic market.

* Welspun Corp The company has filed a Statement of Claim amounting to $35.5 million to $43.5 million against Wasco Coatings and Wasco Energy under the Rules of Arbitration of the International Chambers of Commerce, London, regarding its investment opportunity lost in Wasco Qatar, along with other non-monetary claims and/or reliefs. Around 2019, Wasco Coatings incorporated a company in Qatar engaged in concrete weight coating (Wasco Qatar) without giving the company an option notice. The company and Wasco Energy had entered into a Shareholders Agreement on August 25, 2015, for the formation of a joint venture company, Welspun Wasco Coatings, in India.

* Apollo Micro Systems The company has entered into a strategic tri-party alliance with IIT–Chennai and the Indian Navy to focus on addressing and solving present and future problem statements of the Armed Forces through indigenous research and development.

* Transformers and Rectifiers (India) : The company has secured a INR 3,899.7 Mn order from Gujarat Energy Transmission Corporation Ltd. (GETCO) for the supply of 53 transformers of various types. The order is domestic, covers manufacturing and related works, and is scheduled for delivery by the next financial year.

* NCC Limited: The company has received a INR 20,627.1 Mn order from the Public Works (Health & Education) Department, Assam for the Expansion and Modernization of Gauhati Medical College & Hospital. The project includes 6 months of demolition and planning plus 36 months of execution, followed by 5 years of O&M, and is fully domestic with no related-party interest.

* Zen Technologies Limited: The company has received an order worth INR 1.08 Bn from the Ministry of Defence, Government of India for the supply of simulators. The contract is fully domestic, carries no relatedparty involvement, and will be executed within one year.

* B. L. Kashyap & Sons Limited: The company has secured a INR 2542.2 Mn work order from DLF Home Developers Ltd. for civil structure, rough finishing and waterproofing works, including one high-rise tower and ancillary buildings at Sector 63, Gurugram. The project is domestic, carries no related-party involvement, and will be executed over ~37 months.

* Oriental Rail Infrastructure Limited: Its wholly-owned subsidiary Oriental Foundry Pvt. Ltd. has secured a INR 29.39 Mn order from Southern Railway for manufacturing and supplying 826 coupler bodies with shank wear plates. The order is fully domestic, carries no related-party involvement, and must be executed by 30 September 2026.

* Jayant Infratech: The company has received a Letter of Acceptance from Konkan Railway Corporation for an engineering, procurement, and construction (EPC) contract worth Rs 161.68 crore. The scope of work includes the design, supply, erection, testing, and commissioning for the upgradation of the existing 1x25 KV electric traction system into 2x25 KV, etc., in the projects being executed by Konkan Railway Corporation. The total value of the contract is Rs 161.68 crore.

* RNIT AI SOLUTIONS: The company has received a project from the Telangana Social Welfare Residential Educational Institutions Society – Hyderabad, as the technology partner for deploying an AI-based facial recognition system to manage daily attendance for approximately 1,70,000 students per day across 268 institutions under the SaaS model.

Yatra CEO Transition Triggers Market Concern but Company Reassures Stability

* The sudden CEO transition—from Dhruv Shringi stepping down to Siddharth Gupta taking over—surprised investors due to the lack of prior communication, causing an initial stock decline.

* Shringi clarified that the move was planned, and he remains fully involved as Executive Chairman, focusing on M&A, international expansion, and strategic initiatives.

* Siddharth Gupta brings 25+ years of B2B experience, aligning with Yatra’s growing corporate travel segment and is expected to strengthen day-to-day operations.

* Institutional investors have been briefed and reassured, with Shringi confirming no stake sale and reiterating that revised guidance (22–23% growth) remains firmly on track.

TruAlt Bioenergy Signs Large SAF MoU; Strong Growth Ahead Despite Recent Weak Quarter

* TruAlt Bioenergy signed an MoU with the Andhra Pradesh government to set up a sustainable aviation fuel (SAF) plant with a planned INR 22–22.5 Bn investment, aiming for 10 crore litres/year capacity and ~1× asset turns.

* Funding will be via a JV structure with partners such as Sumitomo, a major airline, and a PSU oil marketing company; TruAlt plans to retain 51–55% ownership with a mix of debt and equity.

* Ethanol operations are now fully back online after planned shutdowns, with all five units commissioned and utilisation expected to rise to 80–85%, driving strong Q3/Q4 recovery.

* Despite a weak H1 (INR 4.56 Bn revenue), the company expects robust growth ahead, targeting near 50% YoY CAGR in coming years as capacity stabilises and supply visibility improves.

Embassy Developments Maintains Strong FY26 Outlook Despite Slow First Half

* Embassy reaffirmed its FY26 guidance of INR 50,000 Mn pre-sales and INR 22,000 Mn collections, confident that multiple Q3–Q4 launches across Bengaluru and Mumbai will drive a steep recovery.

* The company is prioritising project-level execution rather than large M&A, given a substantial fully paid land bank and ~51% gross surplus potential to unlock.

* New labour laws may push construction costs up 3–5%, but Embassy will absorb the impact due to healthy margins from outright-owned land and strong project economics.

* Debt stands at INR 26,000 Mn, with adequate comfort from the recent Kotak raise; management targets steady deleveraging as execution accelerates and expects commercial assets like Embassy Whitefield to eventually generate INR 6,000–7,000 Mn annual NOI.

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