News Overview

Revenue from operations slightly decreased by 0.7% YoY to ₹3,237.7 Crore, as per the company’s regulatory filing for the second quarter.

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The NSE revises its list of banned securities in the F&O segment daily to ensure market stability.

The bank's asset quality improved significantly, with Gross NPA down to 1.37% from 1.70% and Net NPA down to 0.46% from 0.99% year on year.

Sun Pharma has bolstered its speciality pipeline with a partnership with Philogen to commercialise late-stage candidate Fibromun.

The MFI's gross NPA ratio increased to 4.86% from 2.6% the prior quarter. The net NPA ratio also jumped to 0.99% from 0.53% year on year.

Sudarshan Chemical Industries paid €127.5 Million (roughly ₹1,180 Crore) for the Heubach Group, a major pigment maker

EBITDA increased by 83.8% to ₹438.3 Crore in the second quarter of this fiscal year, up from ₹238.4 Crore the previous year.

The IPO with a face value of ₹10 per equity share is a new issue of equity shares. Eligible employees can also reserve a subscription through the offer.

Airtel Business reported a 10.7% year-on-year revenue increase, demonstrating excellent performance in its domestic portfolio.