One97 Communications Ltd (OCL), the parent company of Paytm, along with its CEO Vijay Shekhar Sharma and his brother Ajay Shekhar Sharma, have reached a settlement with the Securities and Exchange Board of India (Sebi) regarding a case involving the company’s Employee Stock Options (ESOPs). The settlement includes a total payment of Rs 2.8 crore and the cancellation of ESOPs granted to the Sharma brothers.

In a move aimed at enhancing investment flexibility, the Reserve Bank of India (RBI) on Thursday relaxed regulations governing foreign portfolio investments (FPIs) in corporate debt securities. The central bank has withdrawn the short-term investment and concentration limits that previously applied to FPIs investing through the general route. This decision is part of the RBI’s ongoing efforts to simplify and liberalize investment processes, fostering a more conducive environment for foreign capital inflows.

Airtel Africa is moving closer to taking its mobile money business public, targeting an IPO in the first half of 2026, subject to market conditions. The announcement comes as the company posts a dramatic financial turnaround, reporting a net profit of USD 328 million for the fiscal year ended March 31, 2025, reversing a USD 89 million loss from the previous year.

Canara Bank, one of India’s largest state-owned lenders, posted a strong financial performance for the March quarter, recording a 28% rise in consolidated net profit to Rs. 5,070 crore. The improved bottom line was bolstered by a sharp reduction in provisions and a significant boost in non-interest income, even as core net interest income declined marginally due to narrowing margins. With a strategic focus on credit growth, capital strengthening, and asset quality improvements, the bank has laid out ambitious plans for FY26 amid a shifting interest rate landscape.

Bollywood superstar Salman Khan found himself at the center of a social media storm after posting — and swiftly deleting — a tweet expressing relief over the ceasefire agreement between India and Pakistan. The controversy erupted in the aftermath of India’s military response to the deadly Pahalgam terror attack through Operation Sindoor. Netizens condemned Khan for overlooking the sacrifices of Indian soldiers and victims of terror, accusing him of tone-deafness at a moment of national mourning.

Pidilite Industries, India’s leading adhesives and construction chemicals manufacturer, posted a robust financial performance in the final quarter of FY25, with consolidated net profit surging 41% year-over-year to Rs. 428 crore. The company’s strong showing was buoyed by resilient volume growth, improving margins, and a gradual recovery in construction sector demand. For the full fiscal year, net profit rose to Rs. 2,096 crore, supported by higher revenue and operational efficiency.

The Multi Commodity Exchange of India Ltd (MCX) reported a sharp rise in earnings for the fourth quarter and full fiscal year 2024–25, propelled by soaring income and heightened trading activity. In Q4 alone, consolidated net profit surged 54.15% year-over-year to Rs. 135.46 crore, while total income rose by more than 60%. For the full year, MCX delivered a staggering sixfold jump in consolidated profit, reaching Rs. 560.04 crore. Despite rising operational expenses, the exchange demonstrated strong scalability and resilience. A final dividend of Rs.

Biocon Ltd., India’s leading biopharmaceutical enterprise, reported a more than twofold rise in consolidated net profit for the quarter ending March 31, 2025, driven by resilient performance across its core business segments. Quarterly net profit soared to Rs. 344 crore, compared to Rs. 136 crore in the same period last year. Despite a marginal decline in annual profit, revenue growth remained solid. The company announced strategic plans for internal restructuring, including a potential merger with its biosimilar arm, Biocon Biologics, and a proposed fundraising initiative worth Rs.

On May 11, 2025, as the world celebrated International Mother's Day, Indian celebrities took to social media to pay tribute to the women who shaped their lives with love, strength, and resilience. From heartfelt letters and vintage photographs to touching memories and public acknowledgments, the tributes revealed not only the personal lives of India's most admired public figures but also the enduring universality of maternal love. These posts resonated with millions across the country, blending emotional candor with the spirit of gratitude that defines the essence of Mother’s Day.

In the final quarter of FY25, mutual funds increased their holdings across several Tata Group companies, signaling heightened institutional confidence in the conglomerate’s long-term growth potential. Among the notable beneficiaries were Tata Consumer Products, Tata Communications, Trent Ltd, Tata Consultancy Services, and Indian Hotels Company Ltd. These moves reflect a strategic tilt towards diversified sectors such as consumer goods, technology, retail, and hospitality.