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Banking panel to tackle PSUs' balance sheet constraints, boost capital use: DFS Secretary M Nagaraju
A new committee will examine public sector banks' capital needs. India aims to boost its corporate bond market, allowing more companies access to funds. This initiative seeks to ensure capital reaches all borrowers, including small businesses and farmers, at competitive rates. Better regulation is emphasized for financial markets.
Vedanta Q4 Results: Cons profit zooms 92% YoY to Rs 6,698 crore, revenue jumps 47%
Vedanta Q4 Results: Vedanta announced a significant financial performance for the March quarter. The company's net profit soared by 92% year-on-year to Rs 6,698 crore. Total revenues also saw a substantial increase of 47% year-on-year. Vedanta achieved its best-ever EBITDA and a record Return on Capital Employed. The net debt to EBITDA ratio improved considerably, marking a 14-quarter high.
Q4 Results Live Highlights: IEX Announces Dividend, Cyient Approves Buyback Worth Rs 720 Crore; Infosys Beats Estimates
Heavyweights across IT, banking, financial services and energy are scheduled to declare their numbers, led by Infosys, Adani Energy Solutions, Union Bank of India, and Tata Capital.
Tata Capital Q4 Results | Net profit jumps 81% to ₹1,182 crore; declares dividend
Tata Capital has recommended a final dividend of ₹0.57 per equity share of face value ₹10 each for the financial year ended March 31, 2026. Shares of Tata Capital Ltd ended at ₹340.40, up by ₹2.85, or 0.84%, on the BSE today, April 23.
Nifty to hit 31,000 by March 2027? OmniScience Capital is overweight on these sectors, but cautious on IT
Sensex and Nifty have overall begun the new financial year 2027 on a positive note, recovering some of the losses which were recorded during the sharp downturns of March.
M2P Fintech brings in CFO Vivek Seshadri as IPO groundwork begins
The company was last valued at over $750 million in 2024 after raising nearly $100 million from Helios. In total, it has secured more than $200 million from investors including Tiger Global, Better Capital and MUFG Innovation Partners, the venture arm of Mitsubishi UFJ Financial Group.
HDFC Bank's Atanu Chakraborty episode may not be dramatic for lender's financial show
HDFC Bank posted a strong FY26 performance despite recent governance-related headlines and leadership changes, with CreditSights noting that these developments are unlikely to have any meaningful impact on its credit profile or stability. The bank reported a 10.9% rise in net profit to Rs 74,700 crore, supported by 12.1% loan growth, robust deposit mobilisation, and continued best-in-class asset quality, with gross NPAs falling to 1.15% and credit costs at multi-quarter lows. Capital buffers remained strong with a CET1 ratio of 17.3%, underscoring resilience even as external macro risks persist.
JM Financial Private Equity, family offices invest Rs 150 cr in NG Electro Products
Consumer goods-focused NG Electro Products has secured Rs 150 crore in funding from JM Financial Private Equity and family offices. The capital infusion will fuel expansion of manufacturing capacity, accelerate R&D and product innovation, and bolster quality and compliance infrastructure. This investment aims to strengthen the company's footprint and deepen its product innovation capabilities.
HDFC Bank to invest Rs 1,000 cr in HDFC Life to boost solvency
HDFC Bank is injecting Rs 1,000 crore into HDFC Life Insurance. This investment will increase HDFC Bank's ownership to over 50%. The capital infusion aims to strengthen HDFC Life's financial position. The insurer's solvency ratio is expected to rise significantly. This move prepares HDFC Life for future growth and evolving regulations.
Risk-reward has improved; Indian economy structurally more resilient: Rishabh Nahar of Qode Advisors
In an interview with Mint, Rishabh Nahar of Qode Advisors discusses the current market structure. With a unique 'all-weather' investment philosophy, he emphasises the importance of long-term capital commitment amidst market fluctuations.
Banks’ exposure to carbon-intensive sectors raises long-term credit risk, costs: IIM Lucknow study
Banks financing carbon-heavy industries face growing credit risks. Research from IIM Lucknow shows this exposure leads to higher monitoring and recovery costs over time. Financial institutions must align lending with a low-carbon economy. Stronger capital buffers help banks manage these climate-related risks. Transitioning to greener portfolios benefits both the environment and business.
Premier, Waaree Energies shares have limited upside; JM Financial prefers these names instead
The brokerage expects the sector to see capital expenditure over the next five years, as companies build a competitive and integrated solar manufacturing ecosystem in India. This, it believes, will act as a key entry barrier and a differentiator among players.