Hero FinCorp, the non-banking financial arm of two-wheeler giant Hero MotoCorp, has received regulatory clearance from the Securities and Exchange Board of India (SEBI) to proceed with its Rs. 3,668 crore Initial Public Offering. The public issue includes a Rs. 2,100 crore fresh equity raise and a Rs. 1,568 crore Offer For Sale by existing investors. The proceeds from the fresh issue will be allocated toward expanding the company’s capital base and strengthening its lending operations.

Insecticides India Ltd has delivered a strong financial performance for the fourth quarter of FY25, with net profit soaring 84.70% year-over-year to Rs. 13.89 crore, underpinned by solid revenue growth and a robust product portfolio. Total income surged 31.71% to Rs. 358.92 crore, reflecting strong market demand and operational efficiencies. For the full fiscal year, the company reported a 39.13% increase in net profit to Rs. 142.01 crore.

In a strategic move to solidify its position in international aviation, IndiGo has appointed Ton Dortmans—former KLM executive—to lead the technical induction of Airbus A350 aircraft and bolster the airline’s Maintenance, Repair, and Overhaul (MRO) operations. As the airline prepares for the delivery of its first wide-body A350s in 2027, powered by Rolls-Royce engines, Dortmans’ expertise will be pivotal in navigating uncharted operational and technical territory.

Delhi’s Indira Gandhi International Airport has been recognized among the top 10 hub airports across Asia-Pacific and the Middle East, according to the 2024 Air Connectivity Ranking released by Airports Council International (ACI) Asia-Pacific & Middle East. The airport secured the tenth spot on the list, underscoring its growing stature as a critical international transit point. The ranking, which evaluates airports based on their hub connectivity capabilities, comes amid a broader regional recovery in air travel, with a 14% year-on-year increase in connectivity.

Triveni Engineering & Industries Ltd posted a robust 16% year-on-year growth in consolidated net profit for the March quarter, reaching Rs. 187.12 crore. This improvement came on the back of a solid rise in revenue, which climbed to Rs. 1,934.53 crore from Rs. 1,563.67 crore in the same quarter last year. However, for the full fiscal year 2024–25, the company reported a net profit decline to Rs. 238.26 crore, down from Rs. 395.16 crore in the previous year, despite a rise in total income.

Tata Steel UK has announced a pivotal advancement in its green steel production strategy with a significant contract awarded to JASO Industrial Cranes. The deal involves supplying seven high-capacity process cranes to support the upcoming Electric Arc Furnace (EAF) at the Port Talbot plant, a £1.25 billion investment in sustainable steelmaking. Expected to become one of the world’s largest EAFs by 2028, the facility aims to slash carbon emissions by 90%, cutting five million tonnes of CO₂ annually.

Shriram Properties, a prominent real estate developer with a robust presence in South India, announced a remarkable more-than-twofold increase in its consolidated net profit to Rs. 47.66 crore for the quarter ending March 2025. This surge comes alongside a 19% rise in quarterly revenue to Rs. 427.51 crore. Despite a slight dip in total income for the full fiscal year 2024-25 to Rs. 973.38 crore, the company maintained steady annual profitability with net profit inching up to Rs. 77.30 crore.

Insolation Energy Ltd, a leading solar module manufacturer, reported a remarkable doubling of its net profit to Rs. 126.19 crore for the fiscal year ending March 31, 2025, driven by a strong 81% rise in revenues. The company’s consolidated turnover surged to Rs. 1,333.76 crore, reflecting rapid scale-up and operational efficiencies. With EBITDA more than doubling and gross margins significantly improving, Insolation Energy attributes its success to strategic innovation and capacity expansion.

Japanese electric vehicle manufacturer Terra Motors has intensified its focus on the Indian market by launching the KYORO+, a new electric three-wheeler designed for passenger transport. Building on the success of its electric rickshaws, which have crossed 1.5 lakh units sold, the company targets a 5-8% share of the rapidly growing electric three-wheeler (L5) segment. Terra Motors plans to expand its dealer network to 100 outlets and boost production to 5,000 units per month.

SolarEdge Technologies, a global leader in smart energy solutions, has taken a major step forward in its India strategy with the launch of a cutting-edge Research and Development and Technology Center in Bengaluru. This strategic expansion underscores the company’s long-term commitment to India’s rapidly evolving solar energy market. The facility will serve as a cornerstone for innovation, housing advanced research and product development teams while offering localized technical support.