Infosys Partners with Telenor to Modernize HR Systems
Infosys has joined hands with Telenor Shared Services to enhance and modernize HR operations through the Oracle Fusion Cloud Human Capital Management (HCM) platform, aiming to drive greater efficiency and automation.
Ceigall Wins ₹712 Crore Solar Project in Maharashtra
Ceigall has secured two major Letters of Award from the Maharashtra State Electricity Distribution Company.
- First Project: ₹712 crore for setting up 190 MW (AC) solar power stations.
- Second Project: ₹597 crore for a 147 MW solar plant across two districts.
These projects mark a significant boost to Ceigall’s renewable energy portfolio.
PNB Reports Strong Business Growth in September
Punjab National Bank recorded global business of ₹27.9 lakh crore and domestic business of ₹26.8 lakh crore, both rising over 10% year-on-year.
Global deposits reached ₹16.2 lakh crore, while domestic deposits climbed to ₹15.6 lakh crore, reflecting robust growth momentum.
Marico Posts Revenue Surge in Q2
Marico reported consolidated revenue growth in the thirties, supported by pricing actions and strong international performance (constant currency growth in the twenties). The company also achieved modest year-on-year operating profit growth.
Piccadilly Agro’s ‘Indri’ Wins Best World Whisky
Piccadilly Agro’s flagship brand Indri has been crowned ‘Best World Whisky’ at the Las Vegas Global Spirits Awards 2025 with a near-perfect score of 99.1 points, reinforcing India’s growing footprint in premium spirits.
LIC Raises Stake in LTIMindtree
Life Insurance Corporation of India (LIC) has increased its stake in LTIMindtree from 7% to 9% through open market purchases, signaling strong institutional confidence in the company’s long-term growth trajectory.
Bondada Engineering Secures Credit Enhancement from BoB
Bondada Engineering received a sanction from Bank of Baroda for enhanced credit facilities.
- Opening order book (FY26): ₹5,044 crore
- Expected new orders: ₹6,250–7,000 crore
- Projected closing order book: nearly ₹8,000 crore by March 2026
This move strengthens the company’s execution capabilities.
Hemisphere Properties’ Pune Plot Auction Gets No Bids
Hemisphere Properties’ e-auction process for Pune plots concluded without any bids. The company is reviewing the outcome to decide its next steps.
Hindustan Zinc Sees Surge in Lead and Silver Output
Hindustan Zinc’s refined Lead production jumped 29% to 45,000 tonnes, while Silver output rose 22% to 144 tonnes.
Mined metal output inched up 1% to 2.58 lakh tonnes, and both refined Zinc and wind power production rose 2%.
Yes Bank Posts Strong Q2 Growth
Yes Bank reported a 7.1% rise in deposits to ₹2.96 lakh crore and a 6.5% increase in loans and advances to ₹2.5 lakh crore. CASA deposits grew 13.2% to ₹1 lakh crore, improving the CASA ratio to 33.8% from 32.8%.
TVS Motor Expands Global Footprint
TVS Motor’s Singapore arm has acquired 100% of Engines Engineering S.p.A from ACT S.r.l., making it a wholly owned subsidiary — strengthening TVS’s global design and innovation capabilities.
Bajaj Housing Finance Reports 24% AUM Growth
Bajaj Housing Finance’s AUM stood at ₹1.28 lakh crore as of September 30, up 24% year-on-year. Gross disbursements surged 32% to ₹15,900 crore during the same period, reflecting robust housing demand.
Insolation Energy Incorporates Five SPVs
Insolation Energy has set up five step-down subsidiaries as Special Purpose Vehicles (SPVs) to facilitate the development and commissioning of solar power plants.
L&T Finance Reports Strong Retail Momentum
L&T Finance saw 25% growth in retail disbursements, reaching ₹18,850 crore, and a 17% rise in its retail loan book to ₹1.04 lakh crore, underscoring the company’s strategic focus on retail lending.
Lupin Launches Diabetes Drug in the U.S.
Lupin has launched Liraglutide Injection in the U.S. for Type 2 diabetes management. The U.S. FDA inspection at its Pithampur Unit-2 concluded with four Form-483 observations, which Lupin is working to address in coordination with the agency.
Fortis Healthcare Gets SEBI Nod for IHH Open Offer
SEBI has approved IHH Healthcare Berhad’s request to proceed with pending open offers for Fortis Healthcare and its subsidiary Fortis Malar Hospitals, paving the way for a formal announcement on Bursa Securities.
MOIL Reports 10% Growth in Quarterly Output
MOIL’s production rose 3.8% to 1.52 lakh tonnes in September and 10.3% year-on-year in Q2 to 4.42 lakh tonnes, driven by operational efficiency and steady demand.
Dhanlaxmi Bank Business Grows 17.5%
Dhanlaxmi Bank’s total business reached ₹30,147 crore, up 17.5% year-on-year.
- Deposits: ₹17,103 crore (+16.9%)
- Gross advances: ₹13,044 crore (+18.4%)
- CASA deposits: ₹4,937 crore (+6.6%)
Asian Paints to Consider Interim Dividend
Asian Paints has announced a Board meeting on November 12 to consider and declare an interim dividend. The record date for eligible shareholders is set for November 18, 2025.
Avenue Supermarts Reports 15.4% Revenue Growth
Avenue Supermarts (DMart) posted standalone revenue from operations of ₹16,219 crore in Q2 FY26, a 15.4% year-on-year increase. The company’s store count stood at 432 as of September 30.
Ujjivan SFB Sees Strong Deposit and Loan Growth
Ujjivan Small Finance Bank reported 14.8% growth in deposits and 14% growth in its gross loan book year-on-year, supported by a 54.5% surge in its total secured book.
Vodafone Idea Appoints New CFO
Vodafone Idea has named Tejas Mehta as its new Chief Financial Officer, effective October 6, marking a key leadership change aimed at strengthening financial operations.
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