AU Small Finance Bank (AU SFB) reported a robust 18% year-on-year increase in net profit for the March quarter of FY25, clocking Rs. 504 crore, bolstered by a sharp rise in net interest income. For the full fiscal year, the bank's profits surged 32% to Rs. 2,106 crore. However, the positive earnings were tempered by asset quality concerns, with both gross and net NPAs inching up. The bank also completed a landmark merger with Fincare Small Finance Bank, marking a consolidation milestone in the sector.

ITC Hotels Ltd. continues to expand its footprint in the hospitality sector, with its Fortune Hotels brand opening seven new properties and signing 14 additional hotels in fiscal year 2024-25. The expansion targets key tier II and tier III markets, as well as gateway destinations, strengthening the brand’s position in the upscale to mid-market segment. As of March 31, 2025, the Fortune Hotels portfolio consists of 78 hotels, including 56 operational properties and 22 more in the pipeline.

In a significant leadership move, REC Ltd, the state-owned infrastructure financing major, has appointed Jitendra Srivastava as its new Chairman and Managing Director. The announcement, made official through a regulatory filing on Tuesday, marks a strategic shift in the company’s leadership as it navigates the evolving energy financing landscape. Srivastava, a 2000-batch IAS officer from the Bihar cadre, brings extensive experience across multiple sectors, including power, finance, and infrastructure.

Hyundai Motor India Ltd. has entered a strategic partnership with Indian Oil Corporation Ltd. to assess the feasibility of mass adoption of hydrogen fuel cell vehicles (FCEVs) in India. The collaboration, formalized through a Memorandum of Understanding (MoU), includes real-world testing of the Hyundai NEXO Hydrogen FCEV across Indian roads. Over a two-year trial, the companies will evaluate the vehicle's operational reliability, longevity, and cost-effectiveness, aiming to explore hydrogen as a sustainable fuel source.

India’s real estate sector has attracted a staggering USD 26.7 billion in equity investments between 2022 and 2024, underscoring the country's growing appeal among global and domestic investors. According to a joint report by the Confederation of Indian Industry (CII) and CBRE, Mumbai emerged as the top investment destination, drawing in over USD 6.9 billion—more than one-fourth of total inflows. The report highlights the sector’s shift toward institutionalization, regulatory maturity, and strategic capital deployment across core assets like land, office spaces, and residential projects.

In a remarkably short span of just 31 months since its inception in August 2022, Akasa Air has not only established a firm presence in India’s competitive aviation sector but has also made significant strides in international markets. With over 150 daily flights and more than 17 million revenue passengers flown, the airline's aggressive yet disciplined expansion strategy reflects its growing market share, customer trust, and operational resilience.

India's cement industry is poised for a modest rebound in FY26, buoyed by a 2–4% increase in prices and a projected demand growth of 6.5–7.5%, according to a recent analysis by Crisil. The sector, which faced a tepid performance in FY25 due to election-related disruptions and a subdued construction cycle, is now expected to benefit from heightened government capital expenditure on infrastructure and a favourable monsoon forecast.

Two of India’s leading pharmaceutical companies—Dr. Reddy’s Laboratories and Lupin Ltd—are facing regulatory setbacks in the United States after initiating product recalls over quality control and labelling issues. The U.S. Food and Drug Administration (USFDA) flagged both firms in its recent enforcement report, citing Dr. Reddy’s for a labelling discrepancy in its antiepileptic injectable and Lupin for impurity-related concerns in an antidepressant formulation. These recalls, especially the Class I recall issued to Dr.

A serious runway incursion involving an Air India A320 at Goa’s Manohar International Airport in December 2024 has prompted safety concerns across India’s aviation sector. A final report by the Aircraft Accident Investigation Bureau (AAIB) revealed that the incident was caused by cockpit crew misjudgment and a breakdown in adherence to air traffic control (ATC) instructions. The aircraft, intended for a Hyderabad-bound flight, mistakenly attempted take-off from a taxiway instead of the designated runway, prompting last-minute intervention by ATC.

In a move aimed at deepening its influence in the fields of forensic accounting, cybersecurity, and advanced audit technologies, the Institute of Chartered Accountants of India (ICAI) has formalized partnerships with two Ministry of Home Affairs–backed institutions: Rashtriya Raksha University (RRU) and the National Forensic Sciences University (NFSU). These collaborations will drive joint research, develop specialized curricula, and facilitate industry-ready certifications in critical areas such as blockchain, big data analytics, and robotic process automation (RPA).