Page 25 - Bs Reporter

IDFC First Bank cuts savings account rates, introduces new balance slabs

The interest slabs and rates for higher balance accounts remain unchanged

ECM activity dip in 2025 despite record IPO year: Kotak Investment Banking

Overall equity capital market fundraising fell in 2025 due to weak follow-on and sell-down activity, even as IPO volumes touched a record high

Tata Steel reports 'best-ever' quarterly production at India operations

Higher output at Jamshedpur and Kalinganagar drove Tata Steel India to its best-ever quarterly production and deliveries in Q3FY26

Inox Clean Energy ties up ₹3,100 crore in equity for capacity expansion

Inox Clean Energy ties up ₹3,100 crore equity from global and domestic investors to fund IPP growth and solar manufacturing expansion, valuing the firm at ₹50,000 crore

Steel stocks under pressure on CCI investigation into price collusion

The news report further suggested that the CCI probe has also held 56 top executives liable for price collusion over varying periods between 2015 and 2023

GCPL expects consolidated revenue to be in double digits in Oct-Dec

Godrej Consumer Products expects double-digit consolidated revenue and EBITDA growth in the October-December quarter, led by strong home care demand and improving consumption trends

Dr Reddy's Laboratories launches hepatitis E vaccine Hevaxin in India

The company said Hevaxin is the only hepatitis E vaccine approved by the Drug Controller General of India (DCGI) and is indicated for active immunisation against HEV infection

Supervisory data quality index of banks improves to 90.7 in Sept 2025

The overall sDQI score for SCBs improved to 90.7 in September 2025, up from 89.9 in June 2025

Upside in revenues and ARPUs expected in Q3FY26 for telcos: Brokerages

Telecom revenues seen rising up to 2.6% in Q3FY26, led by Jio and Airtel, while Vodafone Idea lags amid subscriber losses and modest ARPU gains

GI Council appoints S Prakash as CEO, Health Insurance Ecosystem

In his new role, he will work closely with insurers, hospitals, regulators and other stakeholders to support sector-wide initiatives

Javelin thrower Neeraj Chopra parts ways with JSW, to set up Vel Sports

Olympic javelin thrower Neeraj Chopra launches Vel Sports, his own athlete management firm, ending a decade-long association with JSW Sports

Avanse Financial Services raises ₹1,200 crore through rights issue

The capital raise reflects strong shareholder confidence in Avanse's strategy, governance, long-term growth potential, while reinforcing its disciplined approach to building a diversified funding base

JNPA container traffic rose 13% to hit record 7.94 mn TEUs in 2025

Overall cargo in 2025 reached 99.17 million tonnes, up 9.86 per cent Y-o-Y

Ultra-rich splurge ₹7,186 cr on 51 homes in 2025; Mumbai dominates

Mumbai accounted for 35 of the 51 ultra-luxury home deals in 2025, cornering over ₹5,100 crore in value, as India's wealthy continued to back big-ticket residential assets

NCERT may get deemed university status by January-end after UGC nod

Education Minister Dharmendra Pradhan says NCERT's transition will boost research and global collaboration as India shifts focus from degrees to skills-based education

Sebi approves eight IPOs, including confidential filings by Indira IVF

Market regulator Sebi has given its observations for eight initial public offerings, including confidential filings by Indira IVF and Rays of Belief, paving the way for their proposed listings

Semaglutide patent loss to create ₹5,000 crore opportunity: Report

Patent expiries of blockbuster weight-loss drug semaglutide may create a ₹5,000 crore generic opportunity for Indian pharma firms across India and key emerging and regulated markets

LIC launches special campaign to revive lapsed life insurance policies

Campaign running from January 1 to March 2, 2026, allows revival of lapsed individual policies with concessions on late fees, aimed at restoring insurance cover for policyholders

Nifty hits new high amid hopes of December-quarter earnings revival

Benchmark indices rose on Friday as optimism over December-quarter corporate earnings, rate cuts and tax rationalisation lifted sentiment, with Nifty and Sensex closing at record highs

Knight FinTech raises $23.6 million in Accel-led Series A funding

Credit-infrastructure firm will use the funds to expand AI-driven risk and lending platforms and accelerate growth across the Middle East and Asia-Pacific regions