The Maharashtra government has rolled out a digital ‘e-bond’ system for import and export transactions, replacing the traditional stamp paper bonds. With this initiative, Maharashtra becomes the 16th state in India to adopt e-bonds, aimed at simplifying trade, reducing paperwork, and enhancing operational efficiency. Key Features of the…
The National Stock Exchange of India (NSE) has announced a ₹380 crore healthcare initiative under its corporate social responsibility (CSR) program, funding a state-of-the-art cancer treatment facility at Tata Memorial Hospital’s ACTREC campus, Navi Mumbai. The move comes amid NSE’s preparations for its upcoming initial public offering (IPO).…
The National Stock Exchange (NSE) has announced a reduction in lot sizes for key index derivatives, including Nifty 50, Nifty Bank, Nifty Financial Services, and Nifty Midcap Select, aiming to make trading more accessible by lowering contract values and margin requirements. Key Changes in Lot Sizes Nifty 50:…
Shares of Avenue Supermarts Ltd (DMart) fell following a cut in price target by Goldman Sachs after the company reported its Q2 FY26 standalone results. Q2 Performance Revenue: ₹16,218 crore (+15.4% YoY), slightly below the three-year CAGR of 15.8%. Store Additions: 8 new stores in Q2, taking the…
Dhanlaxmi Bank Ltd reported a robust growth in its total business for Q2 FY26, with the figure rising 17.5% year-on-year to ₹30,147 crore. The surge was driven by healthy increases in both deposits and advances. Quarterly Performance Total Deposits: ₹17,103 crore (+17% YoY) Gross Advances: ₹13,044 crore (+18%…
Lupin Ltd, a leading Indian pharmaceutical company, has launched Liraglutide injection in the United States, marking a significant expansion of its complex injectables portfolio. The injectable is aimed at improving blood sugar control in adults and children aged 10 years and above with Type 2 Diabetes, in combination…
The Securities and Exchange Board of India (SEBI) has finally approved IHH Healthcare Berhad’s long-delayed open offer for a 26.1% stake in Fortis Healthcare and its subsidiary, Fortis Malar Hospitals, nearly seven years after the Malaysian firm initially acquired a 31.1% stake in the Indian hospital chain. Background…
L&T Finance Limited, a leading retail-focused non-bank lender, has released its provisional business update for Q2 FY26, reporting strong growth in retail disbursements and loan book expansion. Retail Disbursements Surge Retail disbursements for Q2 FY26 reached ₹18,850 crore, up 25% YoY from ₹15,092 crore in Q2 FY25. The…
MOIL Ltd, India’s largest state-owned manganese producer, reported its highest-ever production in September at 1.52 lakh tonnes, marking a 3.8% year-on-year increase, driven by enhanced mining and drilling activities. Quarterly Performance For the July–September quarter (Q2 FY26): Production: 4.42 lakh tonnes (+10.3% YoY) Sales: 3.53 lakh tonnes (+18.6%…
Yes Bank Ltd reported steady growth in both its loan and deposit portfolios for September 2025, signalling improving business activity, customer confidence, and stable performance in India’s private banking sector. Loan Growth Accelerates to ₹2.50 Trillion Yes Bank’s loan book expanded to ₹2.50 trillion, a 6.38% year-on-year (YoY)…