Page 51 - Bs Reporter

Net profitability is ultimate measure of turnaround for BSNL: Panel on PSUs

A parliamentary panel has asked BSNL to reach net profitability quickly, meet 4G-5G rollout targets, improve employee morale, and monetise assets more aggressively

Apollo Hospitals Q1 profit rises 42%, plans Rs 7,600 cr bed expansion

Apollo Hospitals posted a 42% rise in Q1 net profit to Rs 432.8 crore and announced a Rs 7,600 crore investment plan to add over 4,300 beds in five years

Opposition MPs detained during stir over Bihar voter list revision

Opposition MPs protest Bihar voter roll revision in Delhi as Parliament clears eight Bills; Kiren Rijiju slams disruptions and hints at an early end to monsoon session

BSE raises norms for SME migration to main board to boost listing quality

BSE revises SME migration norms with higher profitability, shareholder, and liquidity requirements to enhance transparency, investor protection, and market integrity

Focused on maintaining low-cost funding profile, says ICICI chairman

ICICI Bank will continue to prioritise a stable, granular, and low-cost funding profile alongside governance, digital growth, and customer-centric strategies for sustainable progress

RBI says re-KYC completed for over 3.5 mn accounts in FI campaign

RBI reports 3.5 mn bank accounts have completed re-KYC during nationwide financial inclusion camps running from July to September 2025 at Gram Panchayat level

Warburg Pincus fully exits Home First Finance in ₹1,307 cr block deal

Warburg Pincus sells entire 10.3% stake in Home First Finance for Rs 1,307 crore via block deal to Kotak MF, Fidelity, and Tata AIG, sending shares up 6.4%

Fusion Finance gains over 4% as Q1 results show asset quality boost

Fusion Finance shares rose on improved Q1 performance, with lower credit costs, better asset quality, narrower losses, and stronger operational efficiencies

Street Signs: Nifty's cliffhanger, Mkt's heavy hitters step into IPO ring

With the Nifty in a sell-on-rise phase and key support levels under threat, markets brace for two mega IPOs even as NSDL's post-listing rally stuns the street

JSW Cement public offer booked 56%; Varmora Granito files DRHP with Sebi

Tiles and bathware maker Varmora Granito Ltd has filed draft papers with the Securities and Exchange Board of India (Sebi)

Airtel promoter offloads another 0.98% stake; mop up $1.3 bn via block deal

Names of the buyers weren't disclosed by the stock exchanges. However, banking sources said it included foreign and domestic funds

TVS SCS Q1 net profit soars eightfold to Rs 71 crore on InvIT, ops gains

Improved operational efficiency and gains from TVS ILP's InvIT listing drive a sharp jump in TVS Supply Chain's consolidated net profit in Q1 FY26

RBI's 100-bp repo cut in repo rate leads to 71 bps cut in fresh rupee loans

Banks have started passing on the 100-basis point repo rate cut by the Reserve Bank of India over the past three policy meetings

Coromandel International closes ₹820 cr deal to acquire 53% stake in NACL

Coromandel has acquired a 53% stake in NACL Industries for ₹820 crore and appointed a new MD as it awaits regulatory clearance for an open offer to public shareholders

Signature Global's net profit shoots 386% on increased revenue recognition

This rise was driven by increased revenue recognition and average sales realisation, the company said in a regulatory filing on the exchanges

Sebi proposes separate unit of RTAs for service to unlisted companies

Sebi suggests hiving off RTA activities for unlisted companies, placing them under MCA's oversight; also proposes new net worth norms and internal control mechanisms

Banks must release funds without legal docs for survivor accounts: RBI

RBI says banks must release funds without legal documents in cases with survivorship clause or nominees; sets Rs 15 lakh threshold for claims without legal heir proof

RBI leaves repo rate unchanged, FD rates unlikely to move higher for now

The central bank's decision to keep the policy rate at 5.5 per cent, and inflation projected to stay low, means that fixed deposit rates are not likely to be revised upwards

Xovian Aerospace raises $2.5 million to launch AI-native RF satellites

Funds will help the firm launch its maiden spacecraft on ISRO rocket, expand capacity, deploy nanosatellite and pilot its real-time RF sensing tech for customers by 2026

Anand Mahindra urges India to turn tariff turmoil into "1991 moment"

Mahindra Group chairman calls for bold reforms, single-window clearance, and a tourism push to turn global tariff disruption into an opportunity for transformation