India’s corporate deal market surged in Q3 2025, reaching 999 transactions valued at $44.3 billion, the highest in six quarters. Mergers and acquisitions led the recovery with a significant jump in volume and value, driven by robust domestic activity and…
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Castrol India reported a 9.8% increase in third-quarter profit, reaching 2.28 billion rupees, driven by robust demand for its automotive lubricants. This growth aligns with a 6.1% rise in India’s vehicle sales during the same period. The company’s total revenue…
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A retired government employee successfully appealed a penalty after mistakenly claiming an excess gratuity tax exemption. The Income Tax Appellate Tribunal ruled in her favor, stating no misreporting occurred and she qualified for immunity under Section 270AA for paying the…
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Novo Holdings is boosting its investments in India. The company is looking at single-specialty hospitals and contract drugmakers. This move targets high-growth healthcare segments. Novo Holdings is already in talks with several Indian companies. Their investment size in India has…
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The Gurugram-based firm had confidentially filed its DRHP in May 2025. Axis Capital, Kotak Mahindra Capital, JM Financial, and BofA Securities have been appointed as the book-running lead managers for the issue.
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State Bank of India is expected to post muted Q2FY26 results, with profit estimated between ₹17,700–₹18,800 crore, down up to 17% YoY. Strong loan growth may be offset by margin compression, weak treasury income, and lower operating profit.
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