HDFC Bank and two global financial firms are exploring buying a stake in CreditAccess Grameen. Axis Bank is also in talks. CreditAccess India BV, the owner, is looking to sell its majority stake. This move aims to provide an exit for patient investors. The microfinance market is showing signs of recovery. CreditAccess Grameen is financially...Read More

Indian Hotels Company (IHCL) reported a 51% surge in third-quarter net profit to ₹954 crore, driven by a 12% revenue increase to ₹2,842 crore. This marks the fifteenth consecutive quarter of record performance, with Ebitda reaching ₹1,134 crore. The company also expanded its portfolio through strategic acquisitions and partnerships.Read More

Hindustan Unilever saw a 6% sales increase in the December quarter. Easing food inflation and supportive policies boosted consumer demand. However, input costs and currency fluctuations affected profit margins. The company plans for stronger growth next fiscal year, focusing on volume expansion. Rural markets are performing better than urban areas.Read More

Recent regulations from the Reserve Bank of India could dampen the momentum of credit life insurance, a product often paired with retail loans. The new guidelines prohibit banks from linking insurance policies directly to loan approvals, a move designed to enhance transparency and safeguard consumers from potential misinformation.Read More

Infosys’ American Depositary Receipts (ADRs) slumped more than 7% on Thursday, touching an intraday low of $14.59 in early trade, while Wipro’s ADRs fell 5.4% to $2.26. The sharp decline follows a steep sell-off in IT stocks on Indian exchanges, with weakness spilling over to Wall Street.Read More

Market sentiment weakened amid heavy IT selling and strong US jobs data dampening rate-cut hopes. Nifty struggled near 26,000 and may consolidate between 25,500 and 26,000. Analysts advise selective stock picking, with buying interest in select counters despite negative breadth.Read More

Restaurant Brands International reported fourth-quarter sales ​above estimates on Thursday, driven by ​strength in its international Burger King outlets, even as it ​tackles stiff competition for its value menus and higher commodity costs in the United States.Read More

Infosys’ American Depositary Receipts (ADRs) slumped more than 7% on Thursday, touching an intraday low of $14.59 in early trade, while Wipro’s ADRs fell 5.4% to $2.26. The sharp decline follows a steep sell-off in IT stocks on Indian exchanges, with weakness spilling over to Wall Street.Read More

Muthoot Finance lifted its FY26 growth guidance to 44–45% as strong gold loan demand and regulatory easing boosted momentum. Q3 standalone profit nearly doubled, aided by lower provisions and higher income. Assets under management and gold loans posted robust year-on-year growth.Read More

India’s central bank said on Thursday ​that the government has ​bought back bonds maturing in next ​fiscal year and issued longer-dated 2040 securities as part of a switch operation with it.Read More