Corporate Finance – Page 3

ICICI Bank Reports 16% Profit Surge to ₹14,804 Crore in Q1 2026

On July 18, 2026, Mumbai-based ICICI Bank announced a robust 16% year-on-year surge in net profit to ₹14,804.50 crore for the first quarter of fiscal year 2026 (Q1 2026). The…

Prasenjit Bhowmik July 19, 2026

Emerging Market

Lucid Dismisses Bankruptcy and Privatization Rumors Following Stock Plunge

Lucid Group Inc. on Tuesday officially dismissed a media report claiming the luxury electric vehicle manufacturer is exploring restructuring options, including filing for bankruptcy protection or transitioning back to a…

Prasenjit Bhowmik July 15, 2026

Emerging Market

Goldman Sachs Secures $70 Billion Pension Mandate in Fierce Asset Management Race

Goldman Sachs expands its asset management dominance by securing a massive $70 billion pension mandate from Verizon and Lockheed Martin.

Prasenjit Bhowmik July 9, 2026

Business Insights

GK Energy Targets FY27 Growth Milestone Backed by Robust ₹1,000-Crore Order Book

Strategic Expansion and Revenue ProjectionsGK Energy, a prominent player in the renewable sector, has announced a significant milestone with a confirmed order book valued at ₹1,000 crore, positioning the company…

Prasenjit Bhowmik July 8, 2026

Business Insights

The Great Divergence: Reliance Industries Surpasses India’s Tech Giants in Market Valuation

Reliance Industries now outranks India's top five IT firms combined in market value, signaling a major shift in the nation's corporate power dynamics.

Prasenjit Bhowmik July 4, 2026

Economy

ITAT Clarifies Bad Debt Deductions Amid Ongoing Recovery Proceedings

A Definitive Ruling on Tax DeductibilityThe Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) recently issued a landmark ruling, confirming that businesses may claim a bad debt deduction once…

Prasenjit Bhowmik July 4, 2026

Business Insights

Adani Enterprises Ups QIP to ₹15,000 Crore Amid Robust Investor Demand

Adani Enterprises boosts its QIP to ₹15,000 crore, leveraging strong investor demand to fund ambitious growth in green hydrogen, airports, and data centers.

Prasenjit Bhowmik July 3, 2026

Business Insights

The Uncertain Future of Pininfarina Under Tech Mahindra

A Legacy at a CrossroadsItalian design powerhouse Pininfarina, historically renowned for shaping the aesthetic identity of Ferrari, currently faces a precarious financial future under the stewardship of its parent company,…

Prasenjit Bhowmik July 3, 2026

Business Insights

Zee Entertainment Promoters Propose Major Stake Increase to Bolster Control

Zee Entertainment's promoter family plans a massive capital infusion to boost their stake to 25%, aiming for stronger control and financial stability.

Prasenjit Bhowmik July 2, 2026

Business Insights

Bank of Baroda and Mizuho Bank Forge Strategic Alliance to Fuel Cross-Border M&A

Strategic Alliance Targets India's Growing Corporate SectorBank of Baroda (BoB) and Japan's Mizuho Bank have officially entered into a strategic partnership this week to facilitate cross-border merger and acquisition (M&A)…

Prasenjit Bhowmik July 1, 2026