Business News

Business

Bajaj Finance Reports Record 20% Surge in Net Profit Amid Rising Bad Loans

Bajaj Finance reports a 20% YoY rise in net profit to Rs 4,765 crore for Q2, driven by strong net interest income and loan growth, despite an increase in bad loans and provisions.

Business

Sebi Slaps Hefty Fines on M’Belle Directors: A Decade-Long Legal Battle Concludes

Gopu Parimal Belani and Anupama Motwani, directors of M’Belle International Pvt Ltd, have been fined Rs 1 crore each by a special court for failing to deposit a Sebi penalty from 2...

Business

Canara Bank Reports a Stunning 22% Surge in Profits, Reaching Rs 4.8k cr in Q1 FY26

Canara Bank reported a 21.6% increase in net profit to Rs 4,752 crore in Q1 FY26, driven by strong advances and improved asset quality, with global business growing 11% YoY to Rs 2...

Business

Expanding Horizons: The Surge of British Brands in India Post-FTA

The Free Trade Agreement between India and the UK is set to revolutionize the Indian retail market by introducing more British brands at competitive prices, catering to the growing...

Business

Breaking: PhysicsWallah Secures Sebi's Approval for a Groundbreaking Rs 4,600 Crore IPO

PhysicsWallah, the edtech unicorn, has received Sebi's approval for its Rs 4,600 crore IPO, comprising fresh shares and an OFS. This development highlights the growing investor int...

Business

Irdai Proposes Revolutionary Internal Ombudsman System to Streamline Insurance Complaints

Irdai introduces a draft proposal for an internal ombudsman system in insurance companies to improve complaint resolution, making it faster and more accessible for policyholders.

Business

FCC Greenlights Historic $8 Billion Merger Between Skydance Media and Paramount Global

The FCC has approved an $8 billion merger between Skydance Media and Paramount Global, transferring CBS licenses and including Nickelodeon and Paramount Pictures. David Ellison lea...

Business

Starlink Bounces Back: Global Service Restored After Network Glitch Fix

SpaceX's Starlink has fixed a network fault that caused a global service disruption, attributing the outage to internal software failures. Elon Musk assures measures are in place t...