By Vibha Dhawan , 2 May 2026

IIFL Finance reported a sharp rise in its fourth-quarter earnings for FY26, with consolidated net profit more than doubling to Rs 623 crore, driven by higher interest income and improved asset quality. Total income climbed significantly to Rs 3,700 crore, reflecting strong lending activity and operational efficiency. The company’s performance highlights resilience in India’s non-banking financial sector, supported by credit demand and disciplined risk management.

By Keshav Sharma , 2 May 2026

Infosys has significantly accelerated its expansion in a key port city, increasing its workforce from 250 to 1,900 employees over the past two years. The company plans to add 750 more seats in the near term while outlining a long-term vision to develop a 20-acre campus capable of accommodating 7,000 professionals. This expansion reflects Infosys’ strategic focus on regional growth and talent integration.

By Vibha Dhawan , 2 May 2026

Renault has unveiled a structural reorganization of its India operations, signaling a strategic shift aimed at improving operational efficiency and long-term competitiveness. The company has approached the National Company Law Tribunal for approval to separate its powertrain manufacturing business from vehicle production and sales. The proposed restructuring seeks to create a dedicated powertrain entity while consolidating automotive manufacturing and commercial functions under a unified framework.

By Vibha Dhawan , 2 May 2026

Royal Enfield reported a 31 percent year-on-year increase in total sales for April 2026, reaching 1,13,164 units, reflecting strong domestic demand despite a decline in exports. The mid-size motorcycle maker, part of Eicher Motors, saw domestic sales rise sharply by 37 percent, while overseas shipments fell by 14 percent. The performance underscores a resilient home market and highlights shifting demand dynamics across geographies.

By Neena Sachdeva , 2 May 2026

Maruti Suzuki India has reported its highest-ever April sales, registering 2,39,646 units, marking a 33.29 percent year-on-year increase and signaling a robust start to the new fiscal year. The company’s domestic sales also reached a record 1,91,122 units, reflecting strong consumer demand, particularly in the small car segment. This performance highlights a broader recovery in India’s automotive market, supported by improved affordability and evolving consumer preferences.

By Harish Thapar , 2 May 2026

Vedanta Limited has delivered a standout market performance, with its stock surging 84.5 percent over the past year, significantly outperforming the BSE Sensex, which declined by more than 3 percent during the same period. The rally coincides with the company’s decision to restructure into five independent entities, a move aimed at unlocking shareholder value and enhancing operational focus.

By Keshav Sharma , 1 May 2026

SBI Cards and Payment Services reported a mixed financial performance in the latest quarter, marked by a rise in total income but a marginal decline in interest income compared to the previous year. While profitability remains anchored to strong fundamentals, the company’s core interest earnings showed slight pressure amid evolving credit dynamics. Backed by its association with the State Bank of India, the credit card issuer continues to benefit from steady customer acquisition and transaction growth.

By Harish Thapar , 1 May 2026

Indian companies have steadily expanded their global footprint through large-scale outbound acquisitions, reshaping their position in global industry rankings. Among the most significant transactions is Tata Steel’s historic purchase of Corus Group, a deal that marked a turning point in India’s corporate globalization journey. Such acquisitions reflect strategic ambitions to access advanced markets, enhance production capacity, and gain technological capabilities.

By Keshav Sharma , 1 May 2026

Amazon is rapidly scaling its ultra-fast delivery service, Amazon Now, following strong adoption in India. The service, which promises delivery within 30 minutes, has witnessed a 25 percent month-on-month growth in orders, with Prime users significantly increasing their shopping frequency. Encouraged by this momentum, Amazon has expanded the offering to multiple international markets, now reaching tens of millions of customers across nine countries.

By Neena Sachdeva , 1 May 2026

Life Insurance Corporation of India-controlled bank reported a decline in net profit for the March 2026 quarter, even as its income and interest earnings showed steady growth. Net profit fell from Rs 2,051 crore in the year-ago period, primarily due to a drop in operating profit. However, total income rose to Rs 9,409 crore, supported by a notable increase in interest income to Rs 7,798 crore. The results reflect a mixed financial performance, highlighting margin pressures despite improving revenue streams, and underscore the evolving challenges within India’s banking sector.