By Neena Sachdeva , 17 April 2026

HDFC Life Insurance Company reported a 4 per cent year-on-year rise in standalone profit after tax to Rs. 495.65 crore for the quarter ended March 2026, supported by stronger premium inflows and sustained business momentum. Net premium income increased to Rs. 25,829 crore from Rs. 23,765.56 crore in the corresponding period last year, reflecting steady demand for life insurance products. 

By Neena Sachdeva , 17 April 2026

Alok Industries reported a widened consolidated net loss of Rs. 192.54 crore for the quarter ended March 2026, compared with a loss of Rs. 74.47 crore in the same period last year. The textile manufacturer, jointly owned by Reliance Industries and JM Financial Asset Reconstruction, saw revenue from operations rise 3.14 per cent year-on-year to Rs. 982.97 crore, reflecting modest operational growth. However, elevated financial pressures and declining total income weighed on overall performance. Despite a 1.42 per cent reduction in total expenses to Rs.

By Harish Thapar , 17 April 2026

Wipro reported a marginal 1.89 per cent decline in consolidated net profit to Rs. 3,501.8 crore for the quarter ended March FY26, compared with Rs. 3,569.6 crore in the same period last year. Despite the drop in profitability, the IT services major recorded a solid 7.6 per cent year-on-year increase in revenue from operations, which rose to Rs. 24,236.3 crore. 

By Harish Thapar , 17 April 2026

French spirits giant Pernod Ricard reported an impressive 11% revenue growth in India for the March quarter of 2026, underscoring the country’s strategic importance to its global business. The performance was bolstered by robust consumer demand, a continued shift toward premium products, and the divestment of its Imperial Blue whisky brand. India remains Pernod Ricard’s largest market by volume and second-largest by value, reflecting both scale and rising affluence.

By Keshav Sharma , 17 April 2026

The Reserve Bank of India has announced a ₹2 lakh crore seven-day Variable Rate Reverse Repo (VRRR) auction scheduled for April 17, 2026, to manage excess liquidity in the banking system. This move reflects the central bank’s proactive stance in maintaining monetary stability amid transient surplus conditions. The auction, set to take place in the morning window, will temporarily absorb funds from banks, with reversal scheduled a week later.

By Neena Sachdeva , 17 April 2026

Waaree Renewable Technologies reported a remarkable 66% year-on-year rise in consolidated net profit to Rs. 155.72 crore for the March quarter of FY26, driven by a sharp surge in revenues. The company’s revenue from operations more than doubled, reflecting strong execution and rising demand in India’s renewable energy sector. With solar and clean energy projects gaining momentum nationwide, Waaree continues to benefit from favorable policy support and increasing investments in sustainability.

By Neena Sachdeva , 17 April 2026

MosChip Technologies has announced plans to acquire a 73% controlling stake in Vayavya Labs for approximately Rs. 245 crore through a mix of cash and equity. The move is aimed at strengthening MosChip’s software-driven engineering capabilities and enhancing its position in high-value product engineering services. The acquisition is expected to support revenue growth, improve operating margins, and enable geographical expansion.

By Harish Thapar , 17 April 2026

The Nagpur-Mumbai Samruddhi Expressway has emerged as a major infrastructure success story, with toll collections surging to Rs. 1,240 crore in FY26. A total of 1.55 crore vehicles used the 701-km access-controlled corridor during the year, marking a sharp increase from previous periods. The steady rise in traffic and revenue reflects growing connectivity, economic activity, and improved logistics efficiency across Maharashtra.

By Harish Thapar , 17 April 2026

PTC India has appointed Sukhdev Singh as its Non-Executive Chairman following a recent restructuring of its leadership framework. Singh, an Indian Administrative Service (IAS) officer with nearly four decades of administrative experience, will serve in the role until November 2028, subject to necessary approvals. The move follows the company’s decision to bifurcate the combined Chairman and Managing Director position into two separate roles to improve governance and operational clarity.