Hathway Cable & Datacom Ltd, a major player in the cable and internet services sector, posted a slight increase in its consolidated net profit for the fourth quarter ending March 2025, reaching Rs 34.8 crore. The company also saw a rise in revenue from operations, primarily driven by strong performance in both its cable TV and broadband services. However, its annual profit showed a decline of 6.8%.

A Nepalese delegation visited the Visakhapatnam Port Authority (VPA) to explore new routes for importing fertilizers such as urea and DAP (di-ammonium phosphate). The delegation, led by Govind Prasad Sharma, Secretary of Nepal's Ministry of Agriculture and Livestock, discussed strategies to enhance fertilizer imports via global tenders, with the aim of boosting cargo traffic by at least 2 lakh tonnes. This potential collaboration also involves discussions on an Indo-Nepal treaty to facilitate the smooth movement of goods between India and Nepal.

The Enforcement Directorate (ED) is investigating potential financial misconduct involving the promoters of Gensol Engineering Ltd (GEL), following allegations of fund diversion and violations of financial regulations. This probe is linked to a broader investigation into the Mahadev betting app scam, in which Gensol’s promoters are accused of siphoning funds from their publicly listed company for personal use. Additionally, the ED has frozen a significant number of GEL’s shares connected to a Dubai-based hawala operator.

The National Pension System (NPS) has marked a significant milestone in 2024-25, with private sector enrolments exceeding 12 lakh and bringing the total number of subscribers to over 165 lakh by March 2025. A notable addition to the NPS portfolio is the introduction of NPS Vatsalya, a scheme aimed at minors, which has already garnered over one lakh subscribers since its launch in September 2024. Additionally, both NPS and Atal Pension Yojana (APY) experienced a robust 23% growth in Assets Under Management (AUM), reaching Rs 14.43 lakh crore by the end of the fiscal year.

Bharat Forge Ltd's acquisition of AAM India Manufacturing Corporation Pvt Ltd has been given the green light by the Competition Commission of India (CCI) after the companies offered voluntary modifications to address potential competition concerns. While the specifics of the modifications remain unclear, the approval signals the continuation of Bharat Forge's strategic expansion in the manufacturing sector. AAM India specializes in the production of axles for commercial vehicles, and the deal is expected to strengthen Bharat Forge's position in the industry.

The Competition Commission of India (CCI) has approved the acquisition of stakes in Bharti AXA Life Insurance Company by 360 ONE Private Equity Fund and Bharti Life Ventures. This joint proposal aims to strengthen the life insurance company’s position in the market. The deal involves the acquisition of equity shares, and it is expected to boost Bharti AXA Life Insurance’s growth trajectory, enhance product offerings, and expand its distribution network. The approval marks a significant step in the collaboration between the Bharti Group and 360 ONE in the insurance sector.

Boeing has appointed Stacie Sire as the new Vice President and Managing Director of the Boeing India Engineering & Technology Center (BIETC) in Bengaluru, succeeding Ahmed Elsherbini. In this role, Sire will oversee the center’s strategy and operations, playing a pivotal role in advancing Boeing’s goals in India. With a distinguished career at Boeing, Sire brings extensive experience in engineering and leadership. Elsherbini, who previously led BIETC, will now serve as Senior Vice President and General Manager of Boeing Global Engineering.

Mahindra Finance, a prominent non-banking financial company (NBFC) under the Mahindra Group, reported a 9% drop in standalone profit for the March quarter, posting Rs 563 crore compared to Rs 619 crore in the same period last year. Despite a 17% growth in its loan book and a 9% rise in net interest income, the company faced pressure on margins and a sharp increase in provisions for bad loans. These factors impacted the company's bottom line. Mahindra Finance’s asset quality and liquidity remain strong, with an adequate capital adequacy ratio and significant liquidity reserves.

India’s steel sector receives a boost as the government imposes a 12% safeguard duty on key steel products for 200 days, offering much-needed relief to domestic producers facing stiff competition from low-cost imports. This strategic move aims to protect local manufacturers from the influx of cheap steel from surplus countries, including China, South Korea, and Japan. While this duty provides short-term relief, experts caution that the full normalization of price dynamics may take longer due to factors like increased domestic supply and global price fluctuations.

Zupee, a leading real-money gaming platform, has posted a net profit of Rs 146 crore for the fiscal year 2024-25, marking its first-ever profitable year. Despite facing challenges from the 28% Goods and Services Tax (GST) imposed on the gaming sector, Zupee achieved strong revenue growth, with a 60% increase in its user base and a total net revenue of Rs 1,123 crore.