Banking And Finance
Better recoveries, low slippages pull down PSU banks write-offs to multi-year lows in FY26
Mumbai: Loan write-offs by declined to multi-year lows in the fiscal year 2025-26 on the back of lower slippages and better recoveries. As per an analysis of bank earnings by…
EPFO plans auto-settlement for final PF withdrawals. How will it benefit its 7 crore members?
The Employees’ Provident Fund Organisation (EPFO) is set to introduce auto-settlements for final PF withdrawals to reduce delay and discrepancies, and eliminate avoidable paperwork. The auto-settlement facility is expected to…
UPI’s per-day and per-transaction limit set at ₹2 lakh in Europe. What it means for users
To expand the reach of UPI Global Acceptance, the National Payments Corporation of India (NPCI) recently revised the limits and the list of countries enabled for the facility. The per-transaction…
Indian banks remain stable despite margin pressure after RBI rate cut: Report
New Delhi: Indian banks continue to remain financially stable despite pressure on profit margins after recent interest rate cuts, with bad loans still largely under control, according to a by…
Market
Tata Steel Q4 Results: Profit zooms 147% YoY to ₹2,965 crore; dividend of ₹4 announced
Tata Steel Q4 Results: on Friday, 15 May, announced a massive 146.9% year-on-year (YoY) surge in the consolidated net profit for the fourth quarter of the financial year 2025-26 ended…
Small-cap stock Standard Engineering edges higher despite stock market sell-off
Standard Engineering Technology, a stock with a market capitalisation of ₹2,719 crore, closed Friday’s trade on May 15 with gains of 1.75% at ₹136.60 apiece, defying the weak broader market…
Hindustan Copper Q4 results 2026: Profit jumps 137% YoY to ₹444 crore; board recommends final dividend of ₹1.86 for FY26
Hindustan Copper Q4 results 2026: Hindustan Copper, on Friday, 15 May, reported a 137.3% year-on-year (YoY) jump in its March quarter (Q4FY26) consolidated profit to ₹444.27 crore. In the same…
Sensex, Nifty fall as rupee hits record low and crude oil surges
A historic slide in the rupee and surging crude oil prices overshadowed a brief midday rally on Dalal Street Friday, as Indian equity markets ended in the red for a…
Market
PVV Infra approves ₹50 crore preferential issue
PVV Infra, focused on Way Side Amenities and Renewable Energy Asset Development, plans to increase its authorised share capital to ₹170 crore from ₹120 crore to support future expansion and…
Wheels India posts 51% rise in Q4 consolidated net profit; revenue crosses ₹5,000-cr milestone in FY26
Ltd, the Chennai-based automotive component manufacturer, reported a 51 per cent increase in consolidated net profit to ₹58 crore in the fourth quarter ended March 31, 2026 over ₹38 crore…
Adanis agree to pay $18 million to settle SEC case linked to Adani green bond offering
Gautam Adani and Sagar Adani have agreed to pay civil penalties of $6 million and $12 million, respectively, to settle charges brought by the US Securities and Exchange Commission (SEC)…
Alembic Pharmaceuticals Q4 net profit rises 29% to Rs 202 crore
Alembic Pharmaceuticals Ltd on Friday reported a 29 per cent rise in consolidated net profit at Rs 202.7 crore in the fourth quarter ended March 31, driven by revenue growth…
Axis
