A new study by The Energy and Resources Institute (TERI) reveals that shifting from older vehicles to electric vehicles (EVs) in 44 major Indian cities could significantly reduce air pollution and greenhouse gas emissions by 2035. The transition could lead to a daily reduction of 11.5 tonnes of PM2.5 emissions, cut carbon dioxide equivalent emissions by 61 million tonnes, and save more than Rs. 9.17 lakh crore (USD 106.6 billion) on oil imports.

Hindustan Zinc Ltd. (HZL), a leading zinc producer under the Vedanta group, posted a remarkable 47.3% surge in consolidated net profit for the quarter ending March 2025, reaching Rs 3,003 crore. The growth is attributed to higher income, with total revenue increasing to Rs 9,314 crore. Despite global uncertainties, the company remains resilient, bolstered by a robust balance sheet and efficient cost management. CEO Arun Misra emphasized HZL's strategy to meet rising domestic demand while maintaining its leadership as a low-cost, resilient producer.

Chiripal Group, a diversified conglomerate, has taken a significant step toward prioritizing employee well-being by partnering with the Gujarat Institute of Psychological Sciences (GIPS) Hospital. This collaboration aims to provide mental health counseling services across all its companies, benefiting over 1,000 staff members. Qualified psychologists will offer one-on-one sessions, addressing issues like stress, anxiety, and depression.

Bank of Maharashtra (BoM), a state-owned lender based in Pune, reported a remarkable 23% increase in net profit, reaching Rs 1,493 crore for the March 2025 quarter, compared to Rs 1,218 crore in the previous year. The bank’s total income surged by nearly 19%, driven by a substantial rise in interest income. Additionally, BoM showed significant improvements in asset quality, with both Gross Non-Performing Assets (GNPAs) and Net NPAs declining. The bank has also recommended a Rs 1.5 per share dividend, reflecting its strong financial position and commitment to shareholder returns.

India’s residential real estate market has experienced a remarkable recovery, with the number of housing property registrations jumping by 77% over the past five years, according to a report by Square Yards. The data reveals a significant shift toward homeownership, with primary market sales making up 57% of total transactions, while secondary market (resale) transactions accounted for 43%.

The Reserve Bank of India (RBI) has revoked the licence of Jalandhar-based Imperial Urban Co-operative Bank, citing inadequate capital and earning potential. As part of the process, the bank is set for liquidation, with a liquidator to be appointed by the Punjab government. A significant majority of depositors are expected to receive their dues up to Rs 5 lakh, thanks to the Deposit Insurance and Credit Guarantee Corporation (DICGC). This closure underscores the challenges facing smaller cooperative banks struggling with financial stability and regulatory compliance.

Axis Bank on Friday announced the elevation of three key executives—Sameer Shetty, Bipin Saraf, and Rajkama Vempati—into prominent leadership positions within the bank. These changes coincide with the upcoming retirement of Deputy Managing Director Rajiv Anand, who will retire in August 2025 after completing his third term. The announcement follows a modest decline in the bank's net profit for the March quarter, although total income showed growth.

New Delhi Television Ltd. (NDTV) reported a consolidated net loss of Rs 61.97 crore for the fourth quarter ending March 2025, marking a significant shift from the net profit of Rs 8.68 crore reported in the same period last year. The company’s total income rose by 8.28% during the quarter, driven by high-impact national coverage and popular programming. However, increased investments in modernizing infrastructure and expanding its digital and production ecosystems contributed to a wider financial loss.

Redington Ltd, a prominent technology solutions provider, has entered into a strategic partnership with Banyan Cloud, a US-based cybersecurity firm, to accelerate the adoption of secure cloud infrastructure in India. This collaboration is set to enhance the cloud security posture of Indian enterprises, addressing the rising demand for robust cybersecurity solutions.

Oriental Hotels Ltd, an associate of The Indian Hotels Company Ltd, has demonstrated a solid financial performance for the January-March 2025 quarter, reporting a profit of Rs 17.69 crore and a significant rise in total income. Despite a dip in annual profits, the company’s Q4 performance, marked by a 20% revenue increase, reflects its strategic focus on improving average room rates and boosting operational efficiency.