Indian markets are expected to be impacted today. At 7:20 AM, GIFT Nifty futures were up by 129.00 points at 22,737.00.
In the previous session, the Sensex jumped by 341.05 points (0.46%) to 74,169.96, while the Nifty50 gained by 111.55 points (0.50%) to 22,508.75.
Here are the key stocks to watch today on March 18, 2025:
Bajaj Finserv has announced the acquisition of Allianz SE’s entire 26% stake in their joint insurance ventures—Bajaj Allianz General Insurance Company Ltd (BAGIC) and Bajaj Allianz Life Insurance Company Ltd (BALIC). The deal is valued at ₹13,780 crore for BAGIC and ₹10,400 crore for BALIC. As part of the transaction, Bajaj Allianz General Insurance has been valued at ₹53,346 crore, while Bajaj Allianz Life Insurance is valued at ₹40,000 crore.
Swiggy has expanded its quick-commerce platform, Swiggy Instamart, to 100 cities across India, driven by growing demand in tier 2 and tier 3 markets. In 2025 alone, the company introduced its 10-minute delivery service in 32 new cities, including Raipur, Siliguri, Jodhpur, and Thanjavur.
The Securities and Exchange Board of India (SEBI) has issued an administrative warning letter to the Bank of Maharashtra for failing to conduct at least one meeting of the Nomination & Remuneration Committee in FY23 and FY24. However, the warning letter will not impact the bank’s financial, operational, or other activities.
The Competition Commission of India (CCI) has approved Hindustan Unilever‘s proposal to acquire Uprising Science, the parent company of beauty and personal care brand Minimalist.
State-owned ONGC has received a Goods and Services Tax (GST) demand order of ₹22 crore from the Joint Commissioner, State Tax, Circle C, Jodhpur, for the period between April 1, 2020, and May 14, 2020. Issued under Sections 73 and 50 of the CGST Act, 2017, the order includes a GST recovery demand of ₹11.31 crore, interest of ₹9.50 crore, and a penalty of ₹1.13 crore.
State-owned construction firm NBCC India has secured a ₹44.62 crore contract for project management consultancy (PMC) services from the Mahatma Gandhi Institute for Rural Industrialisation (MGIRI) in Wardha. The project includes overseeing the construction and development of infrastructure, along with a hostel and VIP guest house, under the EPC mode.
Shilpa Medicare announced that its wholly-owned subsidiary, Shilpa Biologicals Private Ltd (SBPL), has entered into a strategic co-development and commercialization partnership with Switzerland-based mAbTree Biologics AG for a novel biological entity (NBE) targeting immuno-oncology applications.
Under the binding term sheet, SBPL will support the development of mAbTree’s checkpoint inhibitor, including first-in-human clinical trials, and provide long-term commercial supply through its GMP manufacturing capabilities.
IRCON International, in a joint venture with Badri Rai and Company, has secured an EPC contract worth ₹1,096.2 crore from the Government of Meghalaya. IRCON holds a 26% share in the venture, while Badri Rai holds 74%. The contract involves the construction of a new Secretariat Complex, including campus infrastructure, on an engineering, procurement, and construction (EPC) basis in New Shillong City, Meghalaya.
Aditya Birla Real Estate’s subsidiary, Birla Estates, has launched its first residential project in Pune, Birla Punya, with an estimated revenue potential of ₹2,700 crore. Spread over 5.76 acres, the project will offer 1.6 million square feet of saleable area.
JM Financial has approved the transfer of its private wealth business to its wholly-owned subsidiary, JM Financial Services Ltd (JMFSL), through a slump sale valued at ₹11.08 crore. Effective from April 1, 2025, the move aims to consolidate the group’s wealth management services under a unified structure.
Coffee Day has reached a settlement agreement to clear ₹205 crore in outstanding dues owed to two debenture holders. The repayment will be made in three tranches, including ₹55 crore from the sale of 12.41% of pledged and invoked shares of Coffee Day Global Ltd to a third party. The company’s Audit Committee and Board approved the draft settlement agreement on March 17, 2025.
Baskar Babu Ramachandran, Promoter and Managing Director & CEO of Suryoday Small Finance Bank, has acquired 1.5 lakh equity shares from the open market. Following the transaction, the total promoter group holding in the bank has increased from 22.30% to 22.44%, while his stake has risen from 5.04% to 5.18%.
Raymond Lifestyle is set to replace ICICI Securities in the Nifty 500, Nifty Smallcap 250, and Nifty MidSmallcap 400 indices, effective March 21. The change follows the NSE’s announcement of the suspension of trading in ICICI Securities’ equity shares.
The latest corporate developments highlight significant industry acquisitions, expansions, and regulatory updates. Businesses are navigating growth and challenges from Bajaj Finserv’s stake acquisition to Swiggy’s rapid expansion and ONGC’s GST demand.
Strategic partnerships, project wins, and leadership moves further shape the market landscape, underscoring dynamic shifts in India’s financial, real estate, insurance, and commerce sectors.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 18, 2025, 7:21 AM IST
Dev Sethia
Dev is a content writer with over 2 years of experience at Business Today, Times of India, and Financial Express. He has also contributed stories in Hindi for BT Bazaar and Khalsa Bandhan News Paper. A journalism postgraduate from ACJ-Bloomberg, Dev enjoys spending his spare time on the cricket pitch.
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