By Harish Thapar , 13 May 2026

Bank of Baroda has outlined ambitious corporate lending plans for FY27, targeting a 10 per cent expansion in its Rs. 4.56 lakh crore corporate loan portfolio while maintaining a pipeline of approximately Rs. 50,000 crore in prospective large-ticket financing opportunities. The strategy comes amid broader market concerns regarding subdued private sector capital expenditure in India. However, Managing Director and Chief Executive Debadatta Chand indicated that strong demand for term loans suggests investment activity remains active across several sectors.

By Keshav Sharma , 13 May 2026

Canara Bank reported a 10 per cent year-on-year decline in standalone net profit for the March quarter, reflecting pressure on earnings despite continued growth in core banking operations. The Bengaluru-based lender posted a net profit of Rs. 4,506 crore for the January-March 2026 period, compared with Rs. 5,002.66 crore in the corresponding quarter of the previous fiscal year. The bank’s total income also registered a modest decline, although net interest income rose nearly 4 per cent during the quarter.

By Neena Sachdeva , 13 May 2026

Gautam Adani has urged India to accelerate investments in energy security and artificial intelligence infrastructure, arguing that the next era of geopolitical influence will be shaped by nations capable of controlling strategic digital and energy ecosystems. Speaking at the CII Annual Business Summit 2026, the chairman of the Adani Group warned that the foundations of globalisation are being reshaped by rising geopolitical fragmentation and economic realignment.

By Keshav Sharma , 13 May 2026

Indian consumers may soon face higher prices for everyday essentials as major fast-moving consumer goods (FMCG) companies prepare additional price increases amid mounting input-cost pressures. Products including soaps, detergents, biscuits, packaged foods, and beverages are expected to become more expensive due to rising crude-linked inflation, elevated packaging costs, currency depreciation, and higher transportation expenses triggered by geopolitical instability.

By Neena Sachdeva , 12 May 2026

Micro Mitti has announced plans to invest Rs. 300 crore in a new commercial development in Indore, signaling growing confidence in the expansion of India’s tier-II commercial real estate markets. The company has launched ‘Cybercity by Micro Mitti,’ a mixed-use commercial project spread across 2.3 acres with a planned leasable area of approximately 4.48 lakh square feet. The development will primarily feature office spaces alongside complementary retail infrastructure.

By Harish Thapar , 12 May 2026

Online Instruments (India) Ltd has filed draft papers with the Securities and Exchange Board of India to launch an initial public offering aimed at raising Rs. 750 crore through a fresh issue of equity shares. The proposed public issue will also include an Offer for Sale of up to 57.10 lakh shares by promoters Anita Mahesh Bellad and Rajeshwari Shivanand Mahashetti. The Bengaluru-based company may additionally pursue a pre-IPO placement worth up to Rs. 150 crore before the issue opens.

By Vibha Dhawan , 12 May 2026

Toyota Kirloskar Motor has announced plans to establish a new manufacturing facility in Maharashtra, with commercial production scheduled to begin in the first half of 2029. Although the company has not officially disclosed the investment size, Japanese media reports suggest parent company Toyota Motor Corporation may invest nearly Rs. 15,900 crore (approximately USD 1.9 billion) to expand production capacity in India.

By Keshav Sharma , 12 May 2026

India’s automobile industry has fallen significantly short of its mandated vehicle scrappage obligations under the Environment Protection (End-of-Life Vehicle) Rules, 2025, achieving only around 30 percent of the required steel-equivalent recycling target during FY26. The regulations, introduced by the Ministry of Environment, Forest and Climate Change and implemented from April 1, 2025, were designed to strengthen sustainable mobility practices and formalize the vehicle recycling ecosystem.

By Harish Thapar , 12 May 2026

Indian equity markets are expected to remain highly volatile this week as investors closely monitor geopolitical developments involving the United States and Iran, alongside fluctuations in global crude oil prices. Analysts believe market sentiment will continue to be shaped by external macroeconomic risks, including foreign institutional investment trends and movements in the rupee against the US dollar. Financial experts warn that escalating tensions in West Asia could intensify uncertainty across global markets, particularly for energy-importing economies such as India.

By Neena Sachdeva , 12 May 2026

The Central Bureau of Investigation (CBI) conducted searches at 17 locations across Mumbai in connection with three cases involving Reliance ADA Group companies — Reliance Telecom Limited, Reliance Commercial Finance Limited, and Reliance Home Finance Limited. The investigation focuses on alleged diversion of bank funds through intermediary entities and includes scrutiny of directors, officials, and associated corporate networks. Authorities said the searches targeted both residential and office premises linked to individuals and firms under investigation.