Business Insights
India’s retail lending landscape is witnessing rapid growth, and Piramal Finance is at the forefront of this transformation. According to Jairam Sridharan, Managing Director & CEO of Piramal Finance, the company’s retail assets under management (AUM) are expected to touch Rs 1 lakh crore by March 2026. This milestone reflects the company’s aggressive expansion strategy,…
India’s largest private steel producer, JSW Steel, reported a stellar performance in its Q3 FY26 results, with net profit surging more than three-fold year-on-year. The company’s consolidated revenue rose to Rs 45,991 crore, reflecting strong demand, improved realizations, and operational efficiencies. This marks one of the most robust quarters for JSW Steel in recent years,…
The Indian food delivery giant Zomato has once again made headlines, not for its expansion or acquisitions, but for a bold decision by its founder and CEO Deepinder Goyal. In a surprising move, Goyal has voluntarily given up stock options worth nearly Rs 1,000 crore, signaling a new phase in the company’s leadership journey and…
In a landmark development for India’s banking sector, Emirates NBD Bank, one of the largest banking groups in the Middle East, has received approval from the Competition Commission of India (CCI) to acquire a majority stake in RBL Bank. The move is expected to reshape the private banking landscape in India, strengthen RBL Bank’s capital…
Tata Capital, one of India’s leading non-banking financial companies (NBFCs), has announced its Q3 FY26 results, reporting a 17% year-on-year rise in net profit to Rs 1,257 crore. The strong performance reflects the company’s robust lending portfolio, improved asset quality, and continued focus on retail and infrastructure financing. Background of the Results Key Highlights Indicator…
In a surprising turn of events, RBL Bank shares fell nearly 9% even after the lender reported a 555% year-on-year jump in net profit for Q3 FY26. The sharp decline in stock price has left investors puzzled, raising questions about market sentiment, asset quality concerns, and the future outlook for the private sector bank. Background…
India’s largest private sector lender, HDFC Bank, has announced its Q3 FY26 results, reporting a strong 11% year-on-year (YoY) surge in net profit to Rs 18,654 crore. The robust performance underscores the bank’s resilience amid challenging macroeconomic conditions and highlights its ability to maintain growth momentum across lending, deposits, and digital banking services. Background of…
India’s energy sector is facing fresh turbulence as US sanctions on Russian oil trade begin to disrupt supply chains, forcing major refiners like Reliance Industries to pause certain purchases. The development has triggered a reshuffling of buyers and sellers in the global oil market, raising questions about India’s long-term energy security and the strategies of…
India’s leading local search engine and digital services company Just Dial has reported its Q3 earnings, which presented a mixed picture for investors and analysts. While certain segments showed resilience and growth, others reflected challenges in monetization and rising costs. As a result, Just Dial shares are in focus, with market participants closely evaluating the…
In a significant move aimed at expanding its production capacity and strengthening its market presence, Tanfac Industries Limited has announced an investment of Rs 495 crore to set up a new manufacturing plant. Alongside this expansion plan, the company also revealed its intention to raise up to Rs 500 crore through equity funds, signaling a…
