OnEMI Technology Solutions Ltd, the operator of digital lending platform Kissht, has received a fresh capital infusion of nearly Rs 40 crore from its promoters ahead of its initial public offering (IPO). Founders Ranvir Singh and Krishnan Vishwanathan invested at Rs 201 per share—above the IPO price band—indicating strong internal confidence in the company’s growth prospects. With promoters holding over 32 percent stake, the move underscores strategic alignment and investor reassurance as the fintech firm prepares to enter public markets.

Skoda Auto India has entered into a strategic collaboration with CSC Grameen eStore to strengthen its presence in India’s non-metropolitan and semi-urban markets. The partnership enables customers in smaller towns to access Skoda’s vehicle portfolio through a digital-first platform, bridging distribution gaps. Models such as the Kylaq, Kushaq, and Slavia will be available via the CSC network, with dealership support for fulfilment.

Vedanta Limited reported a sharp surge in financial performance for the fourth quarter of FY26, with consolidated profit after tax rising 89 percent year-on-year to Rs 9,352 crore. The growth was driven by higher sales volumes, favorable global metal prices, and gains from a weakening rupee. Revenue from operations climbed 29 percent to Rs 51,524 crore, reflecting strong demand and improved realizations.

Indian Bank reported a stable financial performance for the fourth quarter of FY26, with net profit rising 5 percent to Rs 3,103 crore, supported by a decline in bad loans and improved core income. Total income increased to Rs 19,980 crore, while interest income and net interest income (NII) registered healthy growth. The results underscore the bank’s strengthening asset quality and operational resilience.

Adani Power reported a strong financial performance for the fourth quarter of FY26, with consolidated net profit rising over 64 percent to Rs 4,271.40 crore. The surge was driven by higher revenues and reduced tax expenses, reflecting improved operational efficiency. Total income for the quarter increased to Rs 15,989.09 crore, underscoring steady demand in the power sector. For the full fiscal year, net profit reached Rs 12,971.08 crore, marking sustained profitability.

Maruti Suzuki India witnessed a notable rally in its stock price following the announcement of record financial performance for FY26. Shares climbed nearly 3 percent, supported by robust annual sales exceeding 24.22 lakh units and a marginal rise in net profit to Rs 14,679.5 crore. The company’s market capitalization expanded by over Rs 11,422 crore, reflecting sustained investor confidence. A reduction in GST rates further bolstered demand, positioning the automaker for continued growth.

Indian equity markets advanced on the back of improving global sentiment and strong sectoral participation, with easing geopolitical concerns boosting investor confidence. Reports show potential de-escalation between the United States and Iran around the strategically critical Strait of Hormuz helped calm fears of supply disruptions, supporting global risk appetite. Domestically, gains were driven by robust performances in pharmaceuticals and information technology stocks, with key corporate developments adding momentum.

Hero MotoCorp is sharpening its focus on India’s youth market with a strategic push behind its Xoom scooter, positioning the product as a symbol of energy, individuality, and modern mobility. The company emphasizes strong brand alignment with younger consumers, highlighting performance, design, and street appeal as key differentiators. By integrating aspirational messaging with product innovation, Hero aims to strengthen its foothold in the competitive scooter segment.

The Securities and Exchange Board of India (SEBI) has extended the compliance timeline for debenture trustees by an additional six months, pushing the implementation deadline to October 27, 2026. The decision follows representations from industry participants highlighting operational difficulties in setting up the required systems and processes for effective execution of the regulatory framework. The extension aims to provide sufficient time for market intermediaries to align with the updated compliance structure.

Punjab & Sind Bank is preparing to raise up to Rs. 3,000 crore through a share sale, primarily via a Qualified Institutional Placement (QIP), as part of efforts to comply with minimum public shareholding norms set by the Securities and Exchange Board of India (SEBI). The bank aims to reduce government stakeholding and increase public participation in its equity structure. Currently, the Government of India holds a dominant 93.85 per cent stake in the lender.