Motilal Oswal Financial Services reported a sharp rise in profitability for the third quarter, with net profit jumping 58% year-on-year to Rs. 721 crore, underscoring strong momentum across its core businesses. The performance was driven by robust activity in capital markets, higher client participation, and improved operating leverage. Despite market volatility, the company benefited from diversified revenue streams spanning wealth management, asset management, and broking.

Flipkart has stepped up hiring across key functions as it gears up for a potential initial public offering, signaling renewed momentum in its long-term growth strategy. The recruitment drive is focused on strengthening leadership, technology, supply chain, and compliance capabilities as the e-commerce major prepares for life as a publicly listed company. Industry experts view the move as a preparatory step to improve operational resilience and governance standards ahead of a market debut.

ESAF Small Finance Bank has taken a significant step toward strengthening its digital lending capabilities by partnering with Newgen Software to upgrade its loan processing systems. The initiative is aimed at improving operational efficiency, enhancing customer experience, and supporting scalable growth across retail and MSME lending segments. By adopting advanced workflow automation and data-driven credit processes, the bank seeks to reduce turnaround times while maintaining strong risk controls.

Gulfood 2026 is set to reinforce its position as one of the world’s most influential food and beverage trade exhibitions, with 161 exhibitors already confirmed for the upcoming edition in Dubai. The strong early participation underscores growing global interest in the Middle East as a hub for food trade, innovation, and supply chain partnerships. Industry leaders, exporters, and agri-business firms are expected to use the platform to showcase new products, explore emerging consumer trends, and strengthen cross-border collaborations.

SMFG India Credit has entered into a strategic partnership with Google Pay to offer digital loan products to a wider base of Indian consumers, underscoring the rapid convergence of fintech and traditional finance. The collaboration aims to leverage Google Pay’s extensive user network and SMFG India’s lending expertise to deliver faster, data-driven credit solutions. Industry analysts view the move as a significant step toward improving credit penetration, particularly among underbanked segments.

Vodafone Idea reported a reduction in net losses for the third quarter of FY26, signaling early progress in its turnaround efforts amid a challenging telecom landscape. The improvement reflects tighter cost controls, better revenue realization, and incremental gains from tariff optimization and customer retention initiatives. While the company continues to face structural pressures from high debt and intense competition, the narrowing loss suggests operational traction is beginning to take hold.

PC Jeweller reported a sharp improvement in its third-quarter financial performance, with net profit rising 28% year-on-year, driven largely by strong festive-season demand. Higher footfall across key markets, improved inventory management, and a favorable product mix supported earnings growth during the quarter. The company also benefited from disciplined cost controls and stable gold price trends, which helped protect margins.

Mindspace Business Parks REIT has reported a strong financial performance for the third quarter, with net profit rising 33% year-on-year to Rs. 180 crore. The growth was driven by stable occupancy levels, steady rental income, and disciplined cost management across its office portfolio. Despite a cautious commercial real estate environment, the REIT benefited from resilient demand for high-quality office spaces in key urban markets.

Hindalco Industries has announced the expansion of its aluminium smelting operations in Odisha, marking a strategic investment aimed at boosting domestic metal production and meeting rising demand from infrastructure, automotive, and renewable energy sectors. The expansion is expected to enhance capacity, improve operational efficiency, and reinforce India’s position in the global aluminium value chain. Analysts view the move as a long-term bet on domestic manufacturing growth and industrial demand.

The proposed India–European Union Free Trade Agreement (FTA) is increasingly being viewed as a strategic framework for long-term shared prosperity between two major economic blocs. Designed to deepen trade ties, reduce tariffs, and enhance market access, the agreement could unlock significant opportunities across manufacturing, technology, clean energy, and services. Analysts believe the FTA has the potential to strengthen supply chains, encourage investment flows, and accelerate innovation through collaboration.