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The Competition Commission of India has approved Emirates NBD's proposal to acquire a majority stake in RBL Bank for approximately $3 billion, a landmark deal for the sector.
Following its acquisition of AkzoNobel India, JSW Paints outlines an aggressive strategy to become a top-three player, targeting a ₹7,000 crore combined business by FY26.
Supreme Petrochem reports a 46.7% year-on-year drop in Q2 net profit and significant margin compression due to weak demand and falling raw material prices.
Zydus Lifesciences is reportedly in talks to acquire US-based Ardelyx, a $1.6 billion biopharma firm, potentially funding the deal with a ₹5,000 crore QIP.
The Sensex experienced its largest single-day fall since May 2025, dropping 1066 points as geopolitical tensions and FII outflows pushed 713 stocks to their 52-week lows.
Indian stock markets witnessed a severe downturn as the Sensex fell over 1,000 points and the Nifty hit a three-month low amid broad-based sectoral selling.
Nomura Holdings is being sued in a London court by Elara Capital's Oyster Bay Fund for $43 million in losses related to Adani stock bets after the Hindenburg report.
Dubai's Emirates NBD is set to acquire a controlling 60% stake in RBL Bank for approximately $3 billion, marking the largest foreign direct investment in India's banking sector.
JSW Energy's subsidiary has signed a second Power Purchase Agreement with WBSEDCL for a 1,600 MW thermal project, expanding its Salboni capacity to 3,200 MW.
Tata Capital's CEO Rajiv Sabharwal outlines the company's strategy to achieve 18-20% consolidated growth, focusing on housing, retail, and SME lending while maintaining strong asset quality.
Analysts initiate coverage on Netweb Technologies with a BUY rating, citing its unique position in India's high-performance computing and AI infrastructure market.
Vikram Solar reports a massive 361% year-on-year surge in net profit to ₹964.35 crores for Q3FY26, driven by steady revenue growth and operational efficiency.
AU Small Finance Bank reports a strong Q3 FY26, with a 26.3% year-on-year increase in net profit to ₹667.6 crore, driven by robust NII growth and improved asset quality.
Indian stock markets, including the Sensex and Nifty, experienced a significant crash due to global trade tensions, US tariff threats, and persistent foreign investor selling.
AU Small Finance Bank reports a strong Q3 FY26, with net profit rising 26.3% to ₹667.6 crore, driven by robust NII growth and improved asset quality.
Walmart-backed PhonePe has received SEBI approval for its IPO, which will be an offer for sale by existing shareholders, setting a new benchmark for Indian fintech.