iQOO, the performance-focused smartphone sub-brand of Vivo, has appointed Vedang Vikas as its Chief Gaming Officer (CGO), a move signaling the brand's deeper alignment with India’s rapidly growing mobile gaming community. Known for his influence in the esports and tech content ecosystem, Vedang will now lead gaming-centric brand engagement, community development, and product advocacy. This appointment reflects iQOO’s broader ambition to position itself as the preferred device for competitive and casual gamers, particularly among Gen Z and millennial users.

Maruti Suzuki India Ltd., the country’s largest passenger car manufacturer, reported a robust rise in net profit for the first quarter of FY26, clocking in at Rs. 3,792 crore. This marks a healthy year-on-year increase, supported by improved operating margins, favorable product mix, and cost optimization efforts. Despite a slightly subdued demand in entry-level segments, the company benefited from strong sales in premium categories and better realization per vehicle.

Starlink, the satellite-based broadband venture backed by Elon Musk’s SpaceX, has received formal approval to operate in India. The license, issued under the category of Global Mobile Personal Communication by Satellite Services (GMPCS), marks a significant milestone for India’s space-tech ecosystem and telecommunications infrastructure. With this clearance, Starlink is set to provide high-speed, low-latency internet across remote and underserved regions of the country.

Aptus Value Housing Finance India Ltd. posted a robust 27% year-on-year increase in its net profit for the first quarter of FY26, reaching Rs. 219 crore, driven by solid loan disbursements, stable asset quality, and prudent cost control. The housing finance company continues to capitalize on rising demand for affordable housing loans, especially in underserved semi-urban and rural markets. With a sharp focus on self-employed borrowers and a tech-driven distribution model, Aptus has strengthened its balance sheet while keeping delinquencies under control.

Sun Pharmaceutical Industries Ltd., India’s largest drugmaker, posted a 20% year-on-year decline in its consolidated net profit for the first quarter of FY26, with earnings falling to Rs. 2,279 crore. The downturn was attributed to a high base from the previous year, elevated operational costs, and increased investments in specialty products and R&D. Despite the dip in profit, revenue grew modestly, reflecting the company’s continued focus on strengthening its U.S. and India business lines.

Steel Authority of India Ltd. (SAIL), the country’s largest public sector steelmaker, has outlined a capital expenditure plan of Rs. 7,500 crore for the financial year 2025–26. The investment is aimed at augmenting production capacity, upgrading plant infrastructure, and accelerating the company’s transition toward cleaner, more efficient steelmaking technologies. This ambitious plan underscores SAIL’s commitment to strengthening its competitiveness amid rising domestic demand, global price volatility, and the strategic imperative to align with India’s decarbonization goals.

India’s apparel export sector continues to face headwinds due to trade tariffs imposed during the Trump administration. These duties, originally framed to protect U.S. domestic industries, have inadvertently eroded the competitive edge of Indian textile and garment manufacturers in the American market. Despite diplomatic overtures and global economic recalibrations, the punitive tariff structure has remained largely intact, creating uncertainty for Indian exporters.

Senior Indian parliamentarian and former diplomat Shashi Tharoor has sharply criticized the United States’ decision to impose tariffs on select Indian goods, calling it an "unjust and regressive measure" that undermines the principles of fair trade. Tharoor emphasized that such moves risk destabilizing India-U.S. economic ties and urged Washington to adopt a more collaborative approach. His remarks come amid growing concerns over trade protectionism and the broader implications of strained bilateral relations.

Swiggy, one of India’s leading food delivery platforms, reported a net loss of Rs. 1,197 crore for the first quarter of FY26, nearly double the loss posted in the same period last year. Despite steady growth in gross order volume, the company grappled with mounting expenses, intense market competition, and underwhelming returns from its quick commerce vertical, Instamart. As the startup prepares for its long-anticipated IPO, investors and analysts alike are closely monitoring its cost structures, monetization efforts, and long-term strategy for profitability in a maturing market.

DCB Bank posted a strong financial performance in the first quarter of FY2025, recording a 20% year-on-year increase in net profit to Rs. 157 crore. The growth was primarily driven by a healthy uptick in interest income and sustained improvement in asset quality. Net interest income rose steadily, and the bank witnessed expansion in its loan book, coupled with stable operating margins.