Maruti Suzuki India Ltd. has announced a major investment of Rs 35,000 crore to expand its manufacturing operations in Gujarat, underscoring the automaker’s long-term confidence in India’s passenger vehicle market. The capital expenditure is aimed at enhancing production capacity, modernizing facilities, and supporting the development of next-generation vehicles, including cleaner and more efficient models. The move aligns with rising domestic demand, export opportunities, and evolving regulatory norms.

Himadri Speciality Chemical Ltd. reported a strong financial performance in the third quarter, posting a 36% year-on-year increase in net profit to Rs. 192 crore. The growth was driven by improved realizations, disciplined cost management, and steady demand across key specialty product segments. The results highlight the company’s ability to navigate volatile input costs while maintaining operational efficiency.

Vietnamese electric vehicle manufacturer VinFast is stepping up its India ambitions with plans to introduce three new models while significantly expanding its retail footprint across the country. The move underscores the company’s intent to tap into one of the world’s fastest-growing automobile markets at a time when demand for electric mobility is gaining momentum. By doubling the number of sales outlets, VinFast aims to strengthen customer access, improve brand visibility, and build confidence among early adopters.

IDBI Bank reported a steady financial performance for the third quarter, with net profit remaining largely unchanged at Rs. 1,935 crore. The flat outcome reflects a balance between stable core income and moderated gains from lower provisions after a period of strong recovery-led earnings. While growth momentum softened, the bank continued to demonstrate improved asset quality and balance sheet strength compared with previous years. Management maintained a cautious stance amid evolving market conditions, prioritizing sustainability over aggressive expansion.

ICICI Bank posted a modest decline in profitability for the third quarter, with net profit slipping 2.68% year-on-year to Rs. 12,538 crore. The muted performance reflects pressure on margins, higher operating costs and a more cautious lending environment amid tighter liquidity conditions. Despite the marginal drop in profit, the bank’s core fundamentals remained stable, supported by steady loan growth and resilient asset quality. Management continues to focus on balanced expansion, cost discipline and risk containment.

Milkfood Ltd. has sold land associated with its Moradabad manufacturing facility for Rs. 130 crore, marking a significant step in its asset monetisation strategy. The transaction reflects the company’s effort to unlock value from non-core assets while strengthening its balance sheet amid evolving market conditions. Proceeds from the sale are expected to improve liquidity and provide financial flexibility for future business priorities. The move aligns with a broader trend among mid-sized manufacturing firms to streamline operations and redeploy capital more efficiently.

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu has appealed to the central government to impose restrictions on apple imports, citing mounting pressure on domestic growers and falling farmgate prices. The request comes amid concerns that cheaper imported apples are distorting the local market, undermining livelihoods in apple-growing states. Sukhu’s appeal underscores broader tensions between trade liberalization and agricultural sustainability, particularly for horticulture-dependent hill economies.

The termination of the lease for the State Bank of India’s Global Market Unit (GMU) in Kolkata has sparked concern within banking and financial circles, prompting calls for the Reserve Bank of India to intervene. The development has raised questions around operational continuity, regulatory oversight and the broader implications for India’s offshore and international banking ambitions. While details surrounding the lease termination remain limited, stakeholders argue that disruption at a key financial unit warrants urgent regulatory attention.

YES Bank reported a sharp improvement in profitability for the third quarter, with net profit rising 55% year-on-year, driven primarily by a significant reduction in credit provisions. The performance highlights the bank’s continued progress in stabilizing asset quality and strengthening its balance sheet after years of financial stress. Improved recoveries, controlled slippages and steady core income supported earnings during the period. While revenue growth remained measured, the decline in provisioning costs provided meaningful relief to the bottom line.

HDFC Bank reported a solid performance for the third quarter, with net profit rising 12% year-on-year to Rs. 19,807 crore, reflecting resilience in core banking operations despite a challenging macroeconomic environment. The country’s largest private-sector lender benefited from stable net interest income, controlled operating expenses and consistent asset quality. While margin pressures and deposit competition persisted across the sector, HDFC Bank’s diversified loan book and disciplined risk management supported earnings growth.