RBL Bank reported a dramatic 76% year-on-year decline in consolidated net profit for the January–March quarter, posting Rs. 86.99 crore, down from Rs. 364 crore a year earlier. The steep fall was attributed primarily to setbacks in its unsecured lending portfolio, particularly in microfinance and credit card segments. Elevated provisioning costs and a shrinking net interest margin further eroded profitability. Despite these challenges, the bank maintains a strong capital adequacy ratio and has outlined an ambitious growth strategy focused on secured retail lending and wholesale assets.

Patel Engineering Ltd has announced the acquisition of two major infrastructure contracts totaling Rs. 2,036.89 crore, reinforcing its strategic foothold in both urban development and renewable energy. The first project, commissioned by CIDCO in Maharashtra, involves the construction of a dam and associated works, while the second, awarded by NEEPCO, includes civil and mechanical infrastructure for a 240 MW hydropower facility in Arunachal Pradesh.

In a landmark move that signals a strategic pivot towards sustainability and technological advancement, Hindalco Industries has inaugurated a Rs. 500-crore manufacturing facility in Chakan, Pune, aimed at serving India's fast-growing electric vehicle (EV) sector. The state-of-the-art plant will produce advanced aluminium battery enclosures—lightweight, crash-resistant components critical to EV performance and safety.

Engineering startup Ergon Labs has landed a landmark Rs. 50-crore deal with electric mobility leader Omega Seiki Mobility (OSM) to supply next-generation powertrain solutions for its upcoming line of electric three-wheelers. The partnership, which also includes a strategic equity investment by OSM’s chairman, underscores a growing industry shift toward integrated EV technologies tailored for commercial-grade performance.

Despite a volatile global economic landscape, India is poised to maintain a robust growth trajectory with an estimated GDP expansion of 6.5% in FY26, according to EY’s latest Economy Watch report. Key contributors to this optimistic forecast include easing crude oil prices, strategic fiscal and monetary policy interventions, and India’s resilience to global trade shocks.

LIC Housing Finance has announced a 25 basis point reduction in its benchmark lending rate, a strategic move that aligns with the Reserve Bank of India’s recent policy rate cut. Effective April 28, the LIC Housing Prime Lending Rate (LHPLR) will now begin at 8%, making home loans more accessible for both new and existing borrowers. This decision is expected to provide a much-needed boost to housing demand, especially in the affordable and mid-income segments.

Prabhudas Lilladher has reiterated an "Accumulate" rating on Supreme Industries (SI), with a revised target price (TP) of Rs 3,803, up from the earlier Rs 3,689. Despite short-term softness due to demand challenges and margin contraction in its flagship plastic pipes division, the research house believes SI’s strategic investments, volume-led recovery, and upcoming capacity expansions position it for sustainable growth. Earnings revisions upward for FY26E and FY27E reflect improving confidence.

Punjab Kings (PBKS) continued their dominant form in the 2025 Indian Premier League (IPL), with an exceptional performance by openers Priyansh Arya and Prabhsimran Singh. The pair added 120 runs for the first wicket against Kolkata Knight Riders (KKR) in match 44, securing the joint second-highest opening partnership of the season. This remarkable feat places them alongside Gujarat Titans' Sai Sudharsan and Shubman Gill. The performance also marks another milestone for PBKS, further establishing their competitive edge in the ongoing IPL.

NDTV (New Delhi Television Limited) has appointed veteran journalist Rahul Kanwal as its new Chief Executive Officer (CEO) and Key Managerial Personnel, effective June 16, 2025. With over 25 years of experience in journalism, including anchoring, election analysis, and investigative reporting, Kanwal's appointment marks a significant move for the company.

Misha Agrawal, a beloved social media content creator known for her engaging and impactful online presence, tragically passed away on April 24, 2025, just days before her 25th birthday. Her sudden death has sent shockwaves through her vast fan base, leaving many in disbelief. A heartfelt message shared on her official Instagram by her family expressed their grief and gratitude for the support Misha had received throughout her career. As fans mourn her loss, they are encouraged to remember her spirit and continue to honor her legacy.