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Kalyan Jewellers’ Q4 FY26 net profit more than doubled to Rs 410 crore, driven by strong gold prices and robust demand. Revenue rose 66% to Rs 10,275 crore. FY26 net profit surged 86% to Rs 1,350 crore. Both domestic and international segments delivered healthy growth, with lifestyle brand Candere also contributing to the quarter’s performance.
Mustafa, who has been involved in developer advocacy and public speaking for the past 10 years, said his life took an unfortunate turn after returning to Mumbai from Singapore.
Tata Consumer Q4 Results: Tata Consumer Products on Friday reported that its consolidated net profit of Rs 419 crore in the fourth quarter. This was higher by 21% from Rs 345 crore posted in the previous year quarter. Revenue from operations increased 18% YoY to Rs 5,434 crore.
Quick commerce firm Zepto has secured Sebi's nod for its initial public offering, paving the way for an updated draft prospectus in the next two months. The Bengaluru-based startup aims for a substantial IPO, potentially between Rs 11,000-12,000 crore, largely through a primary issuance.
The Reserve Bank of India raised Rs 34,000 crore via a new 10-year government bond at a 6.94% cut-off yield, in line with expectations. Strong demand saw bids cross Rs 1 lakh crore. The new security will become the benchmark, influencing corporate borrowing costs and broader interest rate trends.
The 2026 FIFA World Cup is set to become the most data-intensive sporting event yet, driven by AI, real-time analytics and edge computing. With massive data generation and digital infrastructure demand, the tournament could boost valuations of chipmakers and data centre REITs, signalling a new intersection of sport, technology and markets.
SBI declared a dividend of Rs 17.35 per share for FY26, with a record date of May 16 and payment on June 4. Q4 profit rose 6% YoY to Rs 19,684 crore, supported by lower provisions. FY26 profit increased 12.88% to Rs 80,032 crore, while margins softened and asset quality improved significantly across the portfolio.
Biocon's fourth-quarter net profit saw a significant drop of 63 percent year-on-year. This decline was attributed to exceptional charges impacting the company's financials. However, core businesses demonstrated growth. The company successfully integrated its biosimilars and generics operations. This strategic move aims to enhance scale and market reach. Biocon is now focused on improving profitability and creating long-term value for shareholders.
Volatility expectations for the rupee drifted higher as investors remained on tenterhooks for the next chapter in the more than two-month-long war that had upended the macroeconomic outlook for oil importers such as India.
ZFunds has launched ZIVA, an AI-powered assistant aimed at helping mutual fund distributors and wealth managers streamline workflows, improve client engagement, and automate portfolio analysis. The platform, tested in a pilot phase, claims to significantly reduce workload while enhancing efficiency through data-driven insights and multilingual support.
Tanuja Ranjan was murdered in her home by domestic worker Kalpana and two others, who suffocated her and stole valuables. The crime occurred while her husband was out of town. Police are gathering evidence and advising residents on safety precautions.
BSE has recorded its best financial year ever, surpassing ₹5,000 crore in revenue. The exchange is expanding its derivative offerings with new products like the Focused IT Index derivative. BSE also aims to significantly increase foreign portfolio investor participation. The company is positioning BSE Star MF as a key platform for new retail investors entering capital markets.
Titan Company shares surged after strong Q4FY26 results, with 35% profit growth and 46% rise in income. Robust performance was led by jewellery demand, while watches and eyecare segments posted steady growth. The company also announced a dividend, supporting positive sentiment and pushing the stock to a fresh 52-week high.
Wall Street is now using the 'NACHO' acronym, meaning 'Not A Chance Hormuz Opens,' as the Strait of Hormuz remains closed, impacting oil prices and market sentiment. This follows the 'TACO' acronym ('Trump Always Chickens Out') which emerged amid previous US-Iran tensions. Despite ongoing conflict in the Middle East disrupting shipments, White House spokesperson Kush Desai dismissed the 'NACHO' narrative.
Indian stock markets experienced a second consecutive day of losses, with the Sensex and Nifty 50 falling over 0.6% each due to escalating Iran-US tensions. The Sensex closed down 516 points at 77,328, and the Nifty 50 dropped 150 points to 24,176. Meanwhile, the smallcap index bucked the trend, closing in the green and outperforming the benchmarks.
Hyundai Motor India Q4 Results: Hyundai Motor India reported a 23% year-on-year decline in net profit to Rs 1,221 crore for the March-ended quarter, despite a 5% rise in revenue to Rs 18,452 crore. The company achieved its highest-ever quarterly domestic sales and plans to launch two new models in FY27, alongside a significant manufacturing capacity expansion.
