Banking
YES Bank Q2 Profit Rises 65%; AT1 Risk Looms
YES Bank’s Q2 FY27 profit rose 65% to ₹1,080 crore, but the Supreme Court’s AT1 ruling could materially alter the quarter’s final accounting outcome.
Banking
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Banking
PNB Q2 Profit Rises 13% to Record ₹5,532 Crore
Punjab National Bank reported its highest-ever quarterly net profit of ₹5,532 crore for Q2 FY27, up 12.8% year on year, as net interest income rose…
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Technology Tech Mahindra Q2 Profit Jumps 33%; Shares Rally
Tech Mahindra reported a 32.7% year-on-year rise in Q2 FY27 profit after tax to ₹1,586 crore as revenue…
Technology Wipro Q2 Profit Falls 1.9%, Deal Bookings Sink
Wipro’s Q2 revenue rose 9.1%, but profit declined and large-deal bookings fell 58.6% as the company issued muted…
Corporate News India Signs ₹4,106 Crore Defence Contracts
India has signed ₹4,106 crore of indigenous defence contracts for the GSAT-7C satellite and Varunastra heavyweight torpedoes.
Corporate News Enviro Infra Unit Wins ₹228 Crore Wind Order
Suyog Urja has received a ₹228 crore letter of intent for EPC work on a 100 MW wind…
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Banking
IDBI Bank Sale: Fairfax Buys 60.72% for ₹52,878 Cr
Fairfax has been selected to buy 60.72% of IDBI Bank for ₹52,878 crore, subject to final…
Stock Market
SEBI Proposes Major Overhaul of SME IPO Rules
SEBI has proposed new SME IPO thresholds, tougher profit tests and an institutional-backed alternative route. Public…
Stock Market
Jio IPO Price Band Set at ₹1,065–₹1,119
Jio Platforms has set an IPO price band of ₹1,065–₹1,119, with the public offer scheduled for…
Corporate News
Aegis Logistics to Buy Tristar Stake for $809M
Aegis Logistics will acquire 89.8% of Dubai-based Tristar for $809 million, subject to regulatory approvals.
Economy
India WPI Inflation Surges to 11.39%
India’s September wholesale inflation reached 11.39% as fuel, food and manufactured-product price growth accelerated.
Technology
Tata Elxsi Q2 Profit Rises 10% to ₹170 Crore
Tata Elxsi’s Q2 profit rose 10% as revenue increased 15%, with growth across transportation, media and…