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Mumbai
460 posts
IndusInd Bank (NSE: INDUSINDBK) Q2 loan rebound faces a margin test
IndusInd Bank's provisional Q2 numbers show an 11% rebound in advances, but a falling CASA ratio, large FCNR(B) inflows and India's October 7 rate hike make margins and asset quality the more important tests when full results arrive.
Why did the Reserve Bank of India raise interest rates for the first time in nearly four years?
RBI raises India’s repo rate to 5.5% and shifts to calibrated tightening as oil, inflation and rupee pressures reshape the policy outlook.
India voter-roll protests widen as Delhi detentions continue and Mumbai march begins
India’s voter-roll controversy is expanding into multi-city protests as Delhi detentions continue and Uddhav and Raj Thackeray join an October 4 Mumbai march.
Delta Consulting Group buys Osborne Partners to build 179-person global advisory platform
Delta Consulting Group has completed its acquisition of Osborne Partners, creating a 179-professional advisory platform spanning eight major business centres and significantly increasing Delta’s exposure to international arbitration, economic regulation and complex disputes.
RBI rejects Tata Sons’ deregistration bid. Is India’s biggest potential IPO back on the table?
The Reserve Bank of India has rejected Tata Sons’ attempt to surrender its core investment company registration, leaving the Tata Group holding company exposed to an Upper Layer NBFC rule requiring a stock-market listing.
HDFC Bank Q1 profit reached Rs 19,060cr. Why has it sent two CEO names to the RBI?
HDFC Bank has submitted two candidates for managing director and CEO to the Reserve Bank of India as Sashidhar Jagdishan prepares to retire on October 26, putting one of Indian banking’s most consequential succession decisions into the regulator’s hands.
GRT Jewellers takes control path at TBZ as market prices a much larger pan-India growth opportunity
GRT Jewellers has agreed to buy the Zaveri family’s 74.12% TBZ stake for up to ₹1,033.71 crore and has launched a ₹431 crore open offer for the remaining public shares. Yet TBZ’s September 1 rally values the listed jeweller near ₹2,448 crore, creating a striking gap between the contractual takeover economics and what investors believe the business could become under a much larger pan-India jewellery group.
Purple Style Labs has luxury-sized orders and luxury-sized losses, now its Rs 680cr IPO faces the profitability test
Purple Style Labs enters the IPO market with luxury-fashion GMV growing 23% and average orders above ₹75,000, but FY26 losses widened sharply. With most of the ₹680 crore fresh issue directed toward lease liabilities and marketing, investors are being asked to fund the economics of an omnichannel retail model before profitability has been established.
Nykaa buys control of Aminu as NYKAA trades within 4% of its 52-week high
Nykaa has bought 51% of Aminu as premium skincare expands, but founder integration and a future buyout will determine whether the deal earns its premium.
Mumbai Ganesh idol collapse kills two as police probe broken welding support
Police say a preliminary investigation indicates a welding support failed as the 22-foot Bhuleshwaracha Raja idol was being taken through south Mumbai.