News Overview

The net interest margin, however, declined. At 3.72%, it was lower than the 3.86% recorded in the March quarter.

The project will be executed at BEL’s Palasamudram unit in Andhra Pradesh and is expected to be completed over 24 months.

The previous tenure of the committee was scheduled to end on July 28.

Alembic’s version is a generic substitute for Tegretol-XR, a medicine originally developed by Novartis.

Interest earnings rose as well, reaching ₹31,003 crore, up from ₹28,701 crore in the corresponding quarter of FY25.

Among the new projects is a 69.5 MW solar park by Prozeal Green Energy, which will come up in Biramaharajpur, located in Subarnapur district.

The partnership will cover areas such as R&D lab integration, new product development, and functionality testing tied to the client’s network automation platforms.

The company has already launched projects worth ₹8,000 crore in the first quarter and expects the remaining ₹17,000 crore in new launches to go live by March 2026.

In a week when most heavyweight sectors came under selling pressure, banks supported major indices

FPIs net sold $(113) Million in equities during the week, and FPI action oscillated between buying and selling