Overview Emirates NBD Bank (P.J.S.C.) has announced an open offer to acquire up to 26% of RBL Bank Limited’s expanded voting share capital at an offer price of ₹280 per equity share. The total potential outlay for the offer is approximately ₹11,636.42 crore, assuming full acceptance. The move…
Tata Communications Limited has entered a strategic partnership with Real Madrid CF and Footballerista Mobile (Suisse) AG to launch the ‘Madridista Premium’ loyalty program in India. The initiative, set to go live on November 4, 2025, aims to strengthen fan engagement for one of the world’s leading football…
India’s banking, financial services, and insurance (BFSI) sector has expanded 50 times in market capitalisation over the past two decades, reaching ₹91,00,000 crore (US$ 1 trillion) in 2025 from ₹1,80,000 crore (US$ 20.28 billion) in 2005, according to a study by Bajaj Finserv Asset Management Company (AMC). The…
Overview RR Kabel has announced plans to achieve double-digit EBIT margins within the next 2–3 years, up from 7.40% last year. The company reported strong H1 FY26 performance, with 22% year-on-year (YoY) growth in its core business and 16% volume growth. A ₹1,200 crore capex plan over three…
Overview Laxmi Organic Industries Limited reported a 9% year-on-year (YoY) decline in revenue for the second quarter of FY26, mainly due to weaker performance in its specialty chemicals segment, which saw a 20% revenue fall. The company’s Essentials segment also recorded a 5% drop, impacted by feedstock-linked pricing.…
Tata Consumer Products Limited reported an 11% year-on-year (YoY) increase in consolidated profit after tax (PAT) to ₹404 crore for the quarter ended September 2025 (Q2 FY26), compared to ₹364 crore in the same quarter last year. Revenue and Income The company’s revenue from operations rose 17.8% YoY…
Godfrey Phillips India Limited announced its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025, reporting steady year-on-year growth in profitability. Standalone Financials The company’s total income stood at ₹1,73,560 lakh in Q2 FY26, compared to ₹1,96,397 lakh in Q1 FY26…
India’s deal market posted its strongest quarterly performance in six quarters, recording 999 transactions worth Rs. 3,93,251 crore (US$ 44.3 billion) in the third quarter of calendar year 2025, according to PwC India’s Deals at a Glance report. This reflects a 13% increase in volume and a 64%…
ACME Solar Holdings Limited reported strong financial results for the second quarter of FY26, supported by capacity expansion and operational efficiency improvements. Financial Performance The company’s consolidated revenue grew 103.8% year-on-year, while EBITDA and profit after tax (PAT) increased 108.3% and 652.1%, respectively. The EBITDA margin improved to…
The Gem & Jewellery Export Promotion Council (GJEPC) has announced an ambitious plan to achieve US$ 100 billion (₹8.88 lakh crore) in exports from India’s gem and jewellery sector by 2047, aligning with the country’s long-term growth vision. The roadmap was presented during a meeting chaired by Prime…