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CONSOLIDATION IN FINANCE
Traditional stockbroking firms must adapt to AI driven changes or risk becoming obsolete in 10 years: DEA Joint Secretary Alok TiwariTechnology's rapid growth is transforming capital markets, compelling players to rethink their operational frameworks. Dr. Alok Tiwari emph...
JSW Steel posts three-fold jump in profit, lines up capacity expansionJSW Steel achieved an impressive three-fold rise in its consolidated net profit for the September quarter, highlighted by a record-breaking...
RBI tightens leverage ratio rules, keeps minimum capital thresholds unchangedThe RBI has tightened how banks calculate leverage by widening the measurement of derivatives, repo transactions and off-balance-sheet expo...
Tata Motors CV Q2 Results: Co swings to black with Rs 1,254 crore profit; revenue jumps 37% YoYTata Motors CV Q2 Results: The improvement in profitability was driven by lower mark-to-market losses on investments in Tata Capital Ltd. T...
Government plans to pare stakes in 4 PSU banks to 75%The Union government announced in the 2021-22 budget that, besides IDBI Bank, it would take up two public sector banks and one general insu...
How Elon Musk’s $3.5 trillion Tesla–SpaceX merger could rewrite the rules of his business empire and shift who holds the powerIn an ambitious move, Elon Musk is contemplating merging Tesla with SpaceX, a deal poised at roughly $3.5 trillion. Public sentiment appear...
Adani Energy's 'smart' bet comes with a Rs 29,519 crore revenue potentialAdani Energy Solutions has 24.6 million smart meters under implementation across 10 projects, carrying a revenue potential of over Rs 29,51...
Adani Energy Q2 Results: Profit zooms 148% YoY to Rs 1,323 crore; revenue jumps 53%Adani Energy Q2 Results: Revenue from operations in the reporting period rose 53% YoY to Rs 10,076 crore.
M&M Financial Services shares crash 10% after Q2 results. What are Nomura and other analysts saying?Mahindra & Mahindra Financial Services shares fell sharply on despite a 55% year-on-year rise in Q2FY27 net profit to Rs 882 crore. Nomura ...
Mahindra Finance Q2 net profit surges 55% to Rs 882 crore on volumes, lower credit costBusiness assets under management grew 15% year on year to Rs 1.47 lakh crore. Non-vehicle finance disbursements, including SME loans, perso...
Jio IPO strengthens Reliance’s financial flexibility; capex funding remains key: Moody’sMoody’s has termed Jio Platforms’ IPO credit positive for Reliance Industries, citing debt repayment and funding flexibility. The Rs 30,200...
Adani Green Q2 Results: Profit rises 15% YoY to Rs 673 crore; revenue jumps 39%Adani Green Energy reported a 15% year-on-year rise in consolidated net profit to Rs 673 crore in Q2, while revenue grew 39% to Rs 4,520 cr...
Stocks in news: Reliance Industries, Eternal, IREDA, Yes Bank, Trent and Hindustan ZincIndian equity benchmarks experienced a decline as profit-booking occurred amid rising crude oil prices. The Nifty 50 dropped significantly,...
Edtech UpGrad’s net loss halves to Rs 131 crore in FY26, revenue rises 7.5%Revenue from operations rose 7.5% to Rs 1,687 crore from Rs 1,569 crore a year earlier, according to the company's audited consolidated fin...
Bajaj Finance Q2 consolidated net profit rises 29% to Rs 6,367 croreBajaj Finance expects AUM to grow 26-27% in FY27 as it accelerates customer acquisition and loan disbursements. The lender plans to book 60...
Waaree Renewable Technologies Q2 Results: Net profit falls 29% to Rs 81 croreWaaree Renewable Technologies experienced a notable 29 percent drop in net profit for the quarter ending September. Their consolidated prof...
Piramal Finance Q2 net profit soars 67% to Rs 545 crorePiramal Finance’s assets under management grew 24% to Rs 1.13 lakh crore, led by a 30% rise in retail AUM. Net interest income increased 35...
Bajaj Finance Q2 preview: Profit may jump 29%, NII 24% as strong loan growth lifts earningsBajaj Finance is projecting a remarkable 29% increase in net profit for the July-September quarter, driven by robust loan demand and a boos...
L&T Finance Q2 net profit rises 33% to Rs 975 croreL&T Finance reported a 33% increase in consolidated net profit for the quarter ending September 30, 2026. The company's consolidated loan b...
IIFL Finance Q2 profit nearly doubles to Rs 805 crore; AUM rises 38%IIFL Finance reported a significant increase in profit after tax for the quarter, rising to Rs 805 crore. This growth was attributed to str...