The Employees’ Provident Fund Organisation is preparing to introduce a new digital application that will allow members to withdraw provident fund balances using the Unified Payments Interface, marking a major leap in ease of access and financial inclusion. The initiative aims to simplify and accelerate the withdrawal process, reducing paperwork and settlement time for millions of salaried employees. By integrating EPF services with UPI, the retirement fund body is aligning itself with India’s rapidly evolving digital payments ecosystem.

Zydus Lifesciences Ltd. reported a marginal yet steady rise in net profit for the third quarter, signaling resilience in its pharmaceutical operations amid a complex global healthcare environment. Profit for the period increased 1.81% year on year to Rs 1,042 crore, supported by consistent performance across key therapeutic segments and disciplined cost management. While revenue growth remained measured, the results underscored the company’s ability to protect margins and sustain cash flows.

Adani Energy has secured funding support from a consortium of Japanese banks for its high-voltage direct current (HVDC) transmission project, marking a significant endorsement of India’s expanding power infrastructure ambitions. The financing underscores growing international confidence in large-scale energy and grid modernization initiatives led by Indian conglomerates. HVDC technology, critical for efficient long-distance power transmission, is increasingly central to integrating renewable energy into the national grid.

Manufacturing and supply-chain startup Zetwerk has seen the exit of a senior executive at a critical juncture, just as the company prepares for a potential initial public offering. The development has drawn attention from investors and industry observers, given the timing and the company’s rapid growth trajectory. While leadership transitions are not uncommon in fast-scaling firms, departures ahead of a public listing often invite closer scrutiny of governance structures and strategic alignment.

Shares of Kalyan Jewellers India Ltd. rallied sharply after the company reported a solid increase in profit for the third quarter, underscoring the strength of its operating model amid resilient consumer demand. The earnings performance reflected healthy revenue growth, improved operating margins and disciplined cost control, particularly during the festive and wedding season. Investors responded positively to the results, viewing them as confirmation of the company’s expanding market presence and brand traction.

IIFL Group has secured regulatory approval from the Securities and Exchange Board of India (SEBI) to establish a subsidiary at GIFT International Financial Services Centre (IFSC), marking a strategic step in its global ambitions. The approval enables IIFL to expand its financial services footprint within India’s premier offshore financial hub, designed to attract international capital and cross-border transactions. Market participants view the move as a forward-looking play that aligns with India’s broader push to position GIFT IFSC as a competitive global financial center.

Shares of JK Tyre & Industries Ltd. surged sharply after the company reported a robust set of earnings for the third quarter, strengthening investor confidence in its operational resilience and strategic direction. The performance was underpinned by improved margins, disciplined cost management and steady demand across domestic and international markets. Market participants responded positively to signs of balance-sheet stability and consistent cash flows, even amid a challenging macroeconomic backdrop.

Indian equity markets staged a broad-based rally, with benchmark indices Sensex and Nifty closing firmly higher as renewed investor confidence swept across Dalal Street. Gains were driven by strong buying interest in heavyweight banking, IT and energy stocks, supported by positive global cues and improving domestic sentiment. Market participants reacted to signs of macroeconomic stability, easing inflationary pressures and expectations of sustained policy support. While volatility persisted in select mid- and small-cap counters, the overall tone remained constructive.

Karur Vysya Bank has reached a significant operational milestone with the opening of its 900th branch, reinforcing its commitment to expanding physical banking access across India. The development reflects the private sector lender’s strategy of combining digital growth with a robust on-ground network to serve diverse customer segments. By steadily widening its footprint, the bank aims to deepen retail and small-business penetration while supporting regional economic activity.

State Bank of India reported a 13 percent year-on-year rise in net profit for the third quarter, underscoring the country’s largest lender’s steady earnings momentum amid a challenging global backdrop. Net profit for the quarter climbed to Rs. 21,317 crore, supported by resilient interest income, disciplined cost management, and stable asset quality. The results highlight SBI’s ability to balance growth with prudence as credit demand remains healthy across key sectors of the economy.