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Bank of Maharashtra reported 19% YoY growth in Q1 FY27 total business to ₹6.51 trillion, led by 27% credit growth and 13% rise in deposits, with the stock modestly higher.
Online discussions explain how large SUVs reached about 50% tax under 28% GST plus cess, and why GST 2.0 moves them to 40% from 22 Sep 2025.
NBCC (India) reported three new PMC work orders worth ₹132.28 crore across Assam and Odisha, adding to a string of recent government-led education and infrastructure mandates.
HFCL said it secured optical fibre cable export orders worth ₹183.95 crore through its wholly owned overseas subsidiary, with supplies scheduled to be completed by August 2026.
L&T Finance reported a strong Q4 FY26 with higher profit, record retail disbursements, improving asset quality, lower borrowing costs, and a final dividend recommendation for FY26.
India’s forex reserves fell $7.5 billion to $681.4 billion in the week to May 22, driven by lower gold valuation and a near $3 billion fall in currency assets.
Bank of Maharashtra hit a new 52-week high after strong Q4 results, outlining FY27 targets for 18% advances growth, 14–15% deposits, and NIM at 3.75%.
Indian Bank’s March-quarter profit was tracked around INR 31 billion as NII rose and advances expanded, with retail, agriculture and MSME loans lifting the portfolio mix.
Sterlite Technologies said the EPO’s Technical Board of Appeal revoked Fujikura’s EP3796060 patent in full, a final decision that ends the UK Celesta cable litigation.
After acquiring a controlling stake in Akzo Nobel India, JSW Dulux is scaling distribution, reinvesting royalty savings, and pushing premium and mid-market plays to gain share.
L&T Finance reported record FY26 profit and faster retailisation, with retail book and disbursements rising sharply even after a one-time Labour Code impact in FY26.
Benchmark indices recovered after a sharp sell-off, led by heavyweights and a strong realty rally, while IT and autos lagged and stock-specific news drove action.
Posts and Reuters coverage say compensation cess ends from September 22, 2025, cutting large SUV and luxury car taxation from about 50% to a single 40% rate.
Muthoot Microfin’s board approved raising up to ₹4,000 crore via private and public NCDs in FY27 after a CRISIL AA- upgrade and higher 20% growth guidance.
POWERGRID received a June 12, 2026 LoI after winning a TBCB bid for the Kakinada green hydrogen transmission system, involving a 765/400 kV GIS substation and line works.
Zetwerk Manufacturing Businesses filed a pre-filed DRHP with SEBI on April 1, 2026 for a book-built mainboard IPO, with issue size, price band, and dates yet to be announced.