PTC India Ltd., a leading power trading solutions provider, reported a staggering over fourfold increase in consolidated net profit for the fourth quarter ended March 31, 2025, reaching Rs 371.87 crore. This spike was largely driven by an exceptional gain of Rs 305.96 crore from the sale of its entire equity in PTC Energy Ltd to ONGC Green. Despite a decline in quarterly and annual revenues, the company ended FY25 with a net profit of Rs 976.24 crore. A final dividend of Rs 6.70 per share has been recommended, reflecting strong profitability and shareholder commitment.

Rashtriya Chemicals and Fertilisers Ltd (RCF) reported a 24% decline in consolidated net profit to Rs 72.46 crore for the fourth quarter of the 2024-25 fiscal year, primarily driven by a dip in sales revenue. The company’s total income also fell by nearly 4% year-over-year during the quarter. However, RCF posted a 7.62% increase in full-year net profit to Rs 242.45 crore, with overall income remaining largely stable. The company’s board has proposed a final dividend of Rs 1.32 per equity share for the fiscal year, signaling confidence despite near-term challenges.

Scoda Tubes, a Gujarat-based manufacturer of stainless-steel tubes and pipes, has raised Rs. 66 crore from anchor investors on the eve of its initial public offering, which opens on May 28. The IPO, entirely a fresh issue worth Rs. 220 crore, is priced between Rs. 130 and Rs. 140 per share. Funds will be deployed toward enhancing manufacturing capacity, meeting working capital needs, and general corporate activities. The offering has attracted notable institutional investors, underscoring strong market confidence.

In a move aimed at easing the compliance burden on taxpayers, India’s Income Tax Department has extended the deadline for filing income tax returns (ITRs) for the Assessment Year 2025–26 from July 31 to September 15, 2025. The extension applies to individuals and entities not subject to mandatory audits. The Central Board of Direct Taxes (CBDT) cited major structural changes in the ITR forms and the need for adequate system preparation as key reasons for the deferment.

India is poised to achieve a significant trade milestone, with total goods and services exports projected to touch USD 1 trillion in the fiscal year 2025-26, according to the Federation of Indian Export Organisations (FIEO). This ambitious forecast builds on a robust export base of USD 825 billion in FY25, and reflects a confident outlook for both merchandise and services trade. FIEO attributes the expected surge to strong global demand in key sectors such as electronics, machinery, pharmaceuticals, and agriculture.

BMW India has launched a customer-centric pricing initiative for its luxury electric flagship, the BMW i7. In a significant step aimed at removing regional disparities, the company has standardized the ex-showroom price of the i7 across all Indian states at Rs. 2.05 crore. The revised price includes registration charges, GST, and compensation cess—costs that typically vary by state and add complexity to luxury car purchases.

China is transitioning from the world’s foremost capital provider to the largest bilateral debt collector, as 75 of the globe’s most financially vulnerable nations are set to repay a record USD 22 billion in loans in 2025. This shift, revealed by new research from the Lowy Institute, underscores the maturing debt obligations from China’s massive Belt and Road Initiative (BRI).

Aegis Vopak Terminals, a subsidiary of Aegis Logistics Ltd, has garnered a 35 percent subscription on the second day of its initial public offering (IPO), signaling steady investor interest. The fresh equity issue, priced between Rs 223 and Rs 235 per share, aims to raise Rs 2,800 crore to reduce debt and fund expansion, including a cryogenic LPG terminal acquisition in Mangalore. With a market valuation nearing Rs 26,000 crore at the upper price band, the IPO attracted significant participation from retail and institutional investors alike.

Jio BlackRock Asset Management Pvt Ltd, a 50:50 joint venture between Jio Financial Services Ltd (JFSL) and global investment firm BlackRock, has received final approval from India’s capital markets regulator, the Securities and Exchange Board of India (SEBI), to commence operations as an investment manager. The new entity, registered under the name Jio BlackRock Mutual Fund, aims to disrupt the domestic asset management space by combining Jio’s digital-first capabilities with BlackRock’s global investment acumen.

In a sweeping move aimed at dismantling bureaucratic inefficiencies and corruption in property dealings, Punjab Chief Minister Bhagwant Mann, alongside Aam Aadmi Party national convener Arvind Kejriwal, has launched a digital-first property registration system. Designed to eliminate middlemen and enhance transparency, the “Easy Registration” initiative integrates online documentation, real-time status alerts, and doorstep services. Citizens can now register properties across any sub-registrar office within their district, regardless of the property’s location.