M P Birla Group flagship company Birla Corporation Ltd reported a rise in consolidated net profit for the fourth quarter of FY26, reflecting improved operational efficiency despite relatively modest revenue growth. The company posted a profit of Rs 294.77 crore for the January-March quarter, compared with Rs 256.6 crore during the same period last year. Revenue from operations increased marginally to Rs 2,836.12 crore, highlighting stable demand conditions amid a challenging cost environment for the cement industry.

Aptus Value Housing Finance India Ltd. reported a strong financial performance for the March quarter, with net profit rising 26 percent year-on-year to Rs. 261 crore. The housing finance company attributed the growth partly to technology enhancements that improved operational efficiency and customer servicing capabilities. Total income for the January-March quarter increased 19 percent to Rs. 594 crore compared with Rs. 499 crore in the corresponding period last year.

Emami Ltd. has announced the acquisition of a 60 percent stake in Hyderabad-based IncNut Digital Pvt Ltd for Rs. 321 crore as part of its strategy to strengthen its footprint in India’s fast-growing beauty and personal care market. The deal includes performance-linked adjustments over a 24-month period and reflects Emami’s broader push toward digital-first consumer brands and premium wellness segments.

M Nagaraju, Secretary of the Department of Financial Services (DFS), has urged Indian banks to significantly strengthen cyber security frameworks and operational resilience amid growing concerns over emerging artificial intelligence-driven threats. Speaking at an Indian Banks' Association conference on risk management in Mumbai, Nagaraju warned that advanced AI models such as Anthropic Mythos could create serious vulnerabilities for the banking ecosystem if publicly deployed without adequate safeguards.

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs. 31.80 lakh on YES Bank for deficiencies related to compliance with Know Your Customer (KYC) regulations. According to the central bank, the lender failed to establish an adequate system for using KYC identifiers assigned by the Central KYC Records Registry while onboarding customers for account-based relationships. The action underscores the RBI’s continued emphasis on strengthening compliance frameworks and tightening oversight within the banking sector.

India’s capital markets regulator has revised its framework governing the use of stock price data for educational and investor awareness purposes, introducing a uniform 30-day time lag for dissemination and usage. The updated rules, which will come into effect from July 1, are aimed at balancing market integrity with the growing demand for timely financial education content. The Securities and Exchange Board of India (Sebi) said the revised framework seeks to prevent commercial misuse of real-time market data while ensuring educational material remains relevant and accessible.

Samsung has announced an expanded edition of its national innovation programme for 2026, significantly increasing its outreach to schools and aspiring student entrepreneurs across India. The technology giant said top-performing teams in the competition will receive financial awards, mentorship assistance, and access to Samsung devices as part of a broader effort to nurture grassroots innovation. The initiative reflects the company’s growing focus on strengthening India’s start-up and digital innovation ecosystem, particularly beyond major metropolitan centers.

Tata Starbucks has reaffirmed its strong confidence in India’s long-term consumption story, signaling aggressive expansion plans despite prevailing macroeconomic uncertainties. The joint venture between Tata Consumer Products and Starbucks sees substantial untapped potential in India’s relatively underpenetrated coffee retail market. On Friday, the company launched its first Starbucks Reserve outlet in eastern India, located in Kolkata, marking the fourth such premium-format store in the country.

Footwear giant Bata India has reaffirmed its long-term commitment to the Indian market, unveiling an ambitious expansion strategy aimed at strengthening its retail footprint across the country. The company plans to increase its store network from more than 2,000 outlets to 3,000 within the next three years, signaling confidence in India’s evolving consumer economy and rising discretionary spending. Company leadership emphasized continued investment in the domestic market despite broader economic uncertainties.

Ride-hailing platform Ola Cabs witnessed a sharp deterioration in its financial performance during FY25, with consolidated losses widening to Rs. 662.4 crore amid a steep contraction in revenue. The company’s earnings decline reflects mounting operational pressures, intensifying competition, and shifting consumer dynamics in India’s mobility sector. Revenue fell nearly 42 percent year-on-year, highlighting the challenges confronting digital transportation platforms in sustaining growth while balancing profitability.