Business Insights
Coal India Ltd has announced that its board of directors will meet to declare Q3 results for FY26 and consider the declaration of a third interim dividend. This decision comes at a crucial time when the company continues to play a pivotal role in India’s energy sector, ensuring coal supply for power generation and industrial…
ITC Ltd has reported a 6% rise in net profit to Rs 5,088 crore for the December quarter, supported by strong performance across its FMCG, hotels, paperboards, and agribusiness segments. The company also announced an interim dividend, reflecting its commitment to shareholder value creation. The results highlight ITC’s resilience in a competitive market and its…
An Adani Group company is set to swap part of its dollar-denominated debt with rupee borrowings following a recent top credit rating upgrade, according to sources familiar with the matter. This strategic move reflects the conglomerate’s efforts to strengthen its balance sheet, reduce foreign currency exposure, and align debt management with India’s growing domestic capital…
Equitas Small Finance Bank has reported a 36% jump in net profit for Q3, showcasing strong financial performance driven by robust loan growth, improved asset quality, and enhanced operational efficiency. The results highlight the bank’s ability to expand its customer base, strengthen its retail lending portfolio, and maintain healthy margins despite a competitive environment in…
Bank of Baroda has reported strong financial performance in its Q3 results, with profit rising significantly, asset quality showing marked improvement, and loan growth surpassing earlier guidance. The results reflect the bank’s robust operational efficiency, prudent risk management, and strategic focus on expanding its lending portfolio across retail, corporate, and MSME segments. Key Highlights of…
Leading civil services coaching institute Drishti IAS has reported strong financial performance for FY25, posting Rs 364 crore in revenue and a Profit After Tax (PAT) of Rs 61 crore. The results highlight the growing demand for structured coaching and digital learning platforms in India’s competitive exam preparation sector. Background of the Results Key Highlights…
Engineering and construction giant Larsen & Toubro (L&T) has announced its Q3 FY2026 results, reporting a 4% decline in net profit to Rs 3,215 crore, even as revenue rose 10% year-on-year. The mixed performance reflects strong execution in infrastructure projects but pressure from rising costs and global uncertainties. Background of the Results Key Highlights Indicator…
The Enforcement Directorate (ED) has attached assets worth Rs 1,885 crore linked to companies of the Anil Ambani group in connection with an ongoing bank fraud investigation. The move comes as part of ED’s wider crackdown on alleged financial irregularities involving corporate entities and their promoters. Background of the Probe Key Highlights Indicator Details Agency…
The legal team representing the Adani Group has requested additional time until January 30 to provide an update to a US court regarding ongoing discussions with the Securities and Exchange Commission (SEC). This development comes amid heightened scrutiny of the conglomerate’s financial practices and compliance with regulatory standards in international markets. Background of the Case…
India’s IT sector is witnessing a significant shift in workplace policies as Infosys has announced that employees will now be allowed a maximum of five days of exemption from work-from-office (WFO) per quarter. This move comes shortly after Wipro and Tata Consultancy Services (TCS) tightened their work-from-home (WFH) norms, signaling a broader industry trend toward…
