Banking And Finance
Muthoot Microfin plans to cut risk by bringing down group micro loan share to 60% by 2030, says CEO Sadaf Sayeed
, one of India’s top three pure-play micro lenders, has drawn up a plan to bring down the reliance on and instead focus on to mitigate risks associated with the…
DA hike: Arunachal Pradesh increases Dearness Allowance by 2% for state government employees — All we know
Dearness Allowance hike: The government of Arunachal Pradesh on Wednesday (6 May), hiked dearness allowance and dearness relief for its employees by 2%, raising DA & DR rate to 60…
Planning to move to America? This India-US cost-of-living index comparison shows why you should look beyond paycheque
Are you looking to relocate? Wait, you must understand several fundamentals before you take the final call. Understanding the cost-of-living index and its key aspects is vital for anyone who…
8th CPC: AIDEF for Defence ministry’s civilian employees suggests 3.833 fitment factor, salary revision, base pay hike
Organisations and unions of employees from the Defence and Railways ministries are set to hold meetings with the 8th central pay commission (CPC) on 13 and 14 May as the…
Market
Broking firms bullish on Vedanta, expect demerged entities’ listing in June
Leading broking firms have raised the target price for Vedanta’s shares to ₹1,000 apiece, over three times its current price, based on its March quarter performance and proposed demerger. Vedanta…
InCred Holdings files updated DRHP with SEBI for ₹1,250-crore IPO
InCred Holdings, the parent company of NBFC arm InCred Financial Services, has filed an updated draft red herring prospectus (UDRHP) with the Securities and Exchange Board of India (SEBI) for…
Bagmane REIT issue subscribed 24 times
The initial public offer of Blackstone-backed Bagmane Prime Office REIT saw record responses from investors, as the issue closed with a subscription of 23.71 times. The ₹3,405-crore IPO received bids…
Broker’s Call: Shree Cement (Neutral)
Target: ₹27,400 CMP: ₹25,554.10 Shree Cement’s Q4FY26 standalone EBITDA (declined 9 per cent year on year) came largely in-line with BNPPe/consensus as a volume-driven revenue beat was largely offset by…
Market
Westlife Foodworld posts 8.7% revenue growth to ₹655 crore in Q4; adds 21 restaurants
Westlife Foodworld Ltd, the operator of McDonald’s restaurants across West and South India, on Thursday reported quarterly revenue of ₹655 crore for the fourth quarter ended March 31, 2026, an…
Malaysia’s Hotayi Electronics to invest ₹700 crore on semiconductor and electronics facility at Sanand
Malaysia-based Hotayi Electronics, a key supply chain partner of global memory chipmaker Micron Technology, will invest around ₹700 crore over the next 10 years to set up an advanced semiconductor…
Wonderla reports 49% growth in net profit at ₹16 crore
Amusement park chain has posted 49 per cent year-on-year growth in its net profit at ₹16.42 crore in Q4FY26, from ₹11.10 crore in Q4FY25. Revenue from operations has increased to…
Thermax reports 18% Q4 profit rise amid surge in order inflows
Thermax Ltd reported an 18 per cent rise in consolidated net profit for the March quarter, aided by higher revenues and a sharp jump in order inflows, while its order…
Axis
