Blue Star Ltd, a leading Indian cooling products manufacturer, has posted an impressive 21% rise in its consolidated net profit for the March quarter, driven by strong revenue growth. The company's total income surged to Rs. 4,042.95 crore for Q4 FY25, compared to Rs. 3,340.16 crore in the same period last year. In addition, the company reported a significant rise in annual profits, with the full fiscal year showing a robust increase in net profit. The board has recommended a final dividend, reflecting its solid financial health and continued confidence in the company's performance.

The recent Supreme Court ruling that scrapped JSW Steel's resolution plan to acquire Bhushan Steel and Power Ltd (BSPL) has left lenders grappling with critical decisions regarding the future of the company. A group of lenders, led by Punjab National Bank (PNB), will convene in the coming days to determine whether to seek a review of the verdict. The ruling mandates the liquidation of BSPL, which could result in lower returns for creditors compared to the earlier proposed resolution.

After two years of contraction, India's private equity and venture capital (PE-VC) investments have rebounded, reaching USD 43 billion in 2024. This marks a 9% growth from the previous year, driven by strong performance in venture capital and growth investments. While private equity remained stable at USD 29 billion, buyouts gained traction, reflecting a shift toward securing control in high-quality assets. The outlook for 2025 remains cautiously optimistic, bolstered by strong macroeconomic fundamentals and strategic policy measures.

Reliance Power, a key player in India's power generation sector, has successfully raised Rs. 348.15 crore through the preferential issuance of shares. This capital infusion, through the issuance of over 10 crore fully paid-up equity shares, will strengthen the company’s strategic focus on expanding its renewable energy portfolio. The funds will further bolster its already robust balance sheet, which maintains a zero-bank debt position.

Aster DM Healthcare has announced plans to invest Rs. 480 crore in the development of a new 430-bed multispecialty hospital in Bengaluru, reinforcing its commitment to expanding its presence in the city. The hospital, located in Sarjapur, will focus on a wide range of medical services, with an emphasis on cancer care. This facility will be Aster's fourth hospital in Bengaluru, contributing to the company’s growing footprint in southern India. The first phase, comprising 300 beds, is expected to be operational by FY27, with the entire facility scheduled for completion by FY29.

RattanIndia Power’s financial results for the fourth quarter of FY24 reveal a stark contrast between its net profit figures from the previous year. A sharp decline to Rs 125.94 crore in net profit, from Rs 10,665.75 crore in the corresponding quarter of the previous year, is largely attributed to a high base effect driven by an exceptional gain in FY24. However, the company's total income registered modest growth, rising to Rs 1,028.61 crore.

In a move to strengthen compliance and enhance the consultative role in policymaking, the Reserve Bank of India (RBI) has officially recognized the Fixed Income Money Market and Derivatives Association of India (FIMMDA) as a Self-Regulatory Organization (SRO) within financial markets regulated by the central bank. This decision comes in line with the RBI's August 2024 framework for recognizing SROs, which aims to reinforce the compliance culture and governance standards within India's financial ecosystem.

India’s co-working segment is experiencing significant growth, with projections indicating five major IPOs over the next 12-18 months, collectively raising over Rs 7,000 crore. The flexible office space market is expected to expand rapidly, reaching 125 million square feet by 2027. Major co-working operators such as Awfis, Smartworks, WeWork India, and IndiQube Spaces Ltd. are leading the charge, with many tapping the public markets to fuel expansion.

Essar Group’s GreenLine Mobility Solutions has partnered with Shriram Finance to deploy a fleet of LNG-powered trucks, signaling a significant step in India’s transition to sustainable logistics. This expansion aligns with GreenLine’s ambitious plan to deploy over 10,000 LNG and electric trucks, supported by a nationwide infrastructure network. The move aims to reduce carbon emissions by up to 1 million tonnes annually, supporting India’s broader decarbonization goals.

Mouri Tech, a prominent IT solutions and services firm, has refiled its draft papers with India's Securities and Exchange Board (SEBI) to raise ₹1,500 crore through an Initial Public Offering (IPO). The offering includes a mix of new shares and an extensive sale by promoters and existing shareholders. With plans to allocate proceeds towards debt repayment, acquisitions, and investments in its subsidiary, MT USA, the company is poised for significant growth.