State Bank of India (SBI) reported a 6 per cent increase in standalone net profit to Rs 19,684 crore for the fourth quarter ended March 2026, driven by a significant decline in bad loans.
Pharmaceutical major Cipla reported a 3 per cent year-on-year decline in March quarter revenue to Rs 6,541 crore, with net profit falling 55 per cent to Rs 554.6 crore, missing consensus estimates. Despite strong growth in India and Africa, a significant decline in North American sales impacted overall performance, with the company now focusing on new product launches and regulatory filings to drive future gains.
Dabur India's stock has fallen over 17 per cent since the start of the Iran war, driven by concerns over a weak monsoon, the West Asian crisis, and rising input costs, which are expected to impact the company's revenues and margins, particularly affecting its significant rural sales and international markets.
Sun Pharmaceutical Industries' acquisition of US-based Organon & Co. for $11.75 billion, the largest overseas acquisition by an Indian pharma company, has been met with mixed reactions from brokerages, who see strategic entry into women's health and biosimilars but also flag potential integration challenges and debt concerns.
Telecom czar Sunil Bharti Mittal plans to hand over the reins of Bharti Airtel to his children in the next decade and desires that promoter firm Bharti Telecom regains over 50 per cent stake in the company.
'The BJP's tally may dip, but the NDA is likely to retain power.'
The Confederation of Indian Industry (CII) has urged the Indian government to gradually restore the Rs 10-per-litre cut in special additional excise duty on petrol and diesel over six to nine months. This move aims to relieve pressure on government finances as crude oil prices stabilise, without significantly impacting consumer sentiment.
Already, within the week of the election results it became apparent that the Congress' DNA has not changed from its traditional approach to politics as but a game of thrones, observes Ambassador M K Bhadrakumar.
HDFC Bank reported an 8.04 per cent increase in its March quarter consolidated net profit to Rs 20,350.76 crore, but highlighted potential near-term risks for small-business borrowers due to the West Asia conflict. The bank's CEO also addressed the recent resignation of its non-executive chairman and hinted at a potential top-level reorganisation.
The Madras High Court has restrained TVK MLA R Srinivasa Sethupathi from voting, including in the upcoming confidence motion, due to a petition challenging his one-vote victory.
Anshul Mishra has been officially ranked as India's top amateur golfer, according to the latest Gentlemen Merit List issued by the Indian Golf Union (IGU).
FSN E-Commerce Ventures, the parent company of Nykaa, anticipates its consolidated net revenue for Q4 FY26 to achieve high 20 per cent year-on-year growth, marking its strongest performance in 12 quarters, fueled by accelerated growth in both its fashion and beauty verticals.
IT major Wipro reported a consolidated net profit of Rs 3,501.8 crore for March quarter FY26, a 1.89 per cent decrease from the previous year, amidst a challenging macroeconomic environment. The company also announced a mega Rs 15,000 crore share repurchase programme.
Piramal Pharma anticipates a significant turnaround in financial year 2026-27 (FY27), projecting early-to-mid teens revenue expansion and a sharp improvement in profitability, driven by improved business momentum, new product acquisitions, and structural tailwinds.
Ruling Congress in Karnataka on Monday retained Bagalkot and Davanagere South assembly seats, giving a respite to Chief Minister Siddaramaiah and the party leadership, amid the ongoing power tussle over the leadership issue.
Wipro reported Q4FY26 IT services revenue of $2.6 billion, a modest 0.2 per cent Q-o-Q constant currency growth, with adjusted operating profit margin beating estimates at 17.2 per cent. The company announced a significant share buyback of ~15,000 crore, but faces near-term growth challenges, particularly in the BFSI segment, and has issued a soft Q1FY27 revenue guidance.
'They will have to adjust themselves to the new reality. Because if they don't understand this changed political perception, their future will be difficult.'
India's quick-commerce (qcom) industry is facing significant profitability challenges in metro markets due to saturation and intense competition, with the number of dark stores already exceeding profitable capacity, according to a Bernstein report.
If TVK MLAs and ministers are perceived as clean, or demonstrably cleaner than their predecessors, the credibility dividend will be enormous. The voter will feel rewarded, points out Ramesh Menon.
'Once the market decides it wants to go up, it goes up -- no amount of bad news can really hold it back.'
Actor Vijay's newly formed party, TVK, has achieved a significant victory in the 2026 Tamil Nadu Assembly elections, securing a commanding vote share and disrupting the state's traditional bipolar political system.
Infosys' board has approved annual performance-based stock grants worth Rs 51.75 crore for Chief Executive Officer and Managing Director Salil Parekh, aligning with his tenure ending in March 2027.
Infosys Q4 results beat estimates, but weak FY27 guidance triggers cautious brokerage outlook and target price cuts. Should investors worry?
If current trends persist, the Congress risks becoming increasingly regionally concentrated, dependent on a handful of states rather than functioning as a truly pan-India political force.
India's mergers and acquisitions (M&A) market is projected to maintain an annual run-rate of approximately $200 billion, evenly split between domestic, inbound, and outbound transactions, despite global geopolitical turbulence, according to Rajesh Singhi, global co-head, M&A Advisory, Standard Chartered Bank.
The construction of a Babri Masjid-style mosque in West Bengal's Murshidabad district has become a focal point in the upcoming elections, reshaping voter loyalties and raising communal tensions.
Two former Chinese defence ministers, Wei Fenghe and Li Shangfu, were sentenced to death with a two-year reprieve over graft charges, official media reported.
For India, China's Indian Ocean power projection, maritime domain awareness, dual-use ports, underwater surveillance, antisubmarinewarfare, naval exercises with Pakistan, pose considerable pressure, depleted India's strategic depth and marginalises Indian role, points out Srikanth Kondapalli.
A Delhi court has taken cognisance of an Enforcement Directorate chargesheet against Robert Vadra in a money laundering case linked to a land deal in Haryana's Shikohpur, summoning him to appear in court on May 16.
Indian benchmark indices Sensex and Nifty experienced volatility due to conflicting developments in West Asia, including reports of the Strait of Hormuz closure, which led to a rebound in crude oil prices and heightened investor concerns about supply disruptions and inflation.
'98 lakhs in Bengal, 97 lakhs in Tamil Nadu, 2.83 crores in Uttar Pradesh.'
The Bharatiya Janata Party has surged past the halfway mark in the West Bengal assembly elections, leading in 185 seats against the Trinamool Congress's 91, signalling a potential political shift in the state. Early trends suggest a geographically split mandate, with the BJP gaining in border, tribal, and industrial regions, while the TMC holds ground in parts of Kolkata and select rural strongholds.
'The BJP and its allies can decide the fate of many candidates.'
The Aam Aadmi Party (AAP) faces a significant setback with the departure of seven MPs, including prominent figures, impacting its parliamentary strength and preparedness for upcoming elections. This exodus follows a turbulent period marked by the arrests of key leaders and raises questions about the party's future.
IT services giant Wipro's board has given the green light to a massive Rs 15,000 crore share repurchase programme, aiming to buy back over 5 per cent of its equity, or up to 60 crore shares, from shareholders at Rs 250 per share, reflecting an 18 per cent premium.
Gujarat Titans all-rounder Jason Holder delivered a match-winning spell to guide his side to a tense four-wicket victory over Punjab Kings in an Indian Premier League clash in Ahmedabad on Sunday, May 3, 2026.
The delimitation in Assam has quietly changed the political scene, raising questions about whether new constituency boundaries helped the BJP by spreading out Muslim-majority voters.
'The next five years are crucial because Assam, West Bengal and Bihar are either governed by or politically aligned with the BJP.' 'This gives us a strong platform to take decisive steps to secure our borders.'
In a dramatic election mirroring the Nandigram contest, BJP's Suvendu Adhikari defeated Chief Minister Mamata Banerjee in Bhabanipur, marking a significant victory for the BJP and a setback for the Trinamool Congress.
A BJP government in Bengal inherits more problems than it might care to admit at its moment of triumph, points out Ramesh Menon
