DOWNLOAD IPFS Major Indian corporations released their earnings reports for the first quarter of FY26, revealing a mixed financial performance across key sectors such as consumer goods, pharmaceuticals, and automobiles. Hindustan Unilever Ltd (HUL), a leading FMCG company, posted a 6 percent rise in net profit, reaching ₹2,768 crore for[Read More…]

DOWNLOAD IPFS M&B Engineering Ltd’s initial public offering (IPO) drew strong investor interest on its second day, with total subscription reaching 2.90 times. Investors bid for 2.83 crore shares against 97.98 lakh shares available. Retail investors led the surge in demand, subscribing to 9.5 times their allotted quota. Non-institutional investors[Read More…]

DOWNLOAD IPFS Laxmi India Finance Ltd’s initial public offering (IPO) concluded today with strong investor interest, achieving 1.85 times subscription, according to exchange data. The ₹254.26 crore issue successfully closed on its final day of bidding. The IPO comprises a fresh issue of around 1.045 crore equity shares and an[Read More…]

DOWNLOAD IPFS Aptus Value Housing Finance India Ltd has reported a strong financial performance for the first quarter of the fiscal year 2026, with consolidated net profit rising by approximately 28 percent year-on-year to ₹219 crore. The company had reported a net profit of ₹171 crore in the same quarter[Read More…]

DOWNLOAD IPFS Ace investor Dolly Khanna, widely recognized for her strategic investments in small and mid-cap companies, has added two high-dividend smallcap stocks to her portfolio in a move that signals a shift toward income-generating investments. Her latest disclosures for the June 2025 quarter reveal new stakes in Sarla Performance[Read More…]

DOWNLOAD IPFS India’s affordable housing finance sector is expected to see substantial growth in the coming years, with assets under management (AUM) projected to rise from ₹1.4 lakh crore in March 2025 to ₹2.5 lakh crore by the end of FY28, according to a report by ICRA. The sector is[Read More…]

Download IPFS Paris-headquartered Schneider Electric, a global specialist in digital automation and energy management, has announced its agreement to acquire the remaining 35% stake in its Indian joint venture, Schneider Electric India Private Limited (SEIPL), from Singapore’s state investment company Temasek. The all-cash transaction, valued at €5.5 billion (approximately $6.4[Read More…]

Download IPFS Mahindra & Mahindra (M&M) has reported a robust financial performance for the first quarter of fiscal year 2025-26 (Q1FY26), with consolidated net profit surging by 24.39% to ₹4,083.32 crore. This impressive growth was primarily driven by the strong momentum and market share gains in its core Automotive and[Read More…]

Download IPFS Bollywood actress and entrepreneur Kriti Sanon’s skincare brand, HYPHEN, has achieved a significant financial milestone, crossing ₹400 crore in Annual Recurring Revenue (ARR) within just two years of its launch. This impressive growth shows the brand’s rapid ascent in India’s highly competitive direct-to-consumer (D2C) beauty market and highlights[Read More…]

Download IPFS Sanjeev Nautiyal, the Managing Director and CEO of Ujjivan Small Finance Bank (SFB), has indicated that the bank anticipates receiving a universal banking license from the Reserve Bank of India (RBI) by December of this year, or within a few months around that timeframe. This strategic move aims[Read More…]