Ankishinde

The real estate major saw limited impact on demand due to the war in West Asia, which began on Feb. 28. "I would say around March last two weeks, we did see some amount of impact... you (the company) could have probably done an INR 1,000-odd crores (INR 10 billion) more (in revenues) and would have loved to even actually deliver 20% growth last year. That was a sort of an internal target," an official said. Given that the war is still ongoing, the company is cautiously optimistic on demand sentiment.

After incidents of lawyers using artificial intelligence tools to draft their petitions, cases of judges using the technology to draft judgments are coming to light. The Delhi High Court has prima facie found that a district judge in Saket used AI tools to draft orders. "The manner of drafting and the manner in which the text distinguishing the case laws is set out in the impugned judgement, prima facie, gives an impression that there is some AI (artificial intelligence) software which may have been used for the same," said a bench of Justice Prathiba M. Singh and Justice Madhu Jain.
However

The Securities and Exchange Board of India on Monday approved the change in control of RBL Bank with regard to the ongoing acquisition of "certain" shareholding by Emirates NBD Bank in the Indian lender, RBL Bank said in an exchange filing. The Dubai-based lender has proposed to buy up to 60% stake in the Indian private-sector bank, and the Competition Commission of India has already approved it on Jan. 20.

The proposal comprises a mandatory open offer under SEBI's norms, representing up to 26% of the expanded voting capital of the bank. This would be followed by a preferential allotment o

The Bharatiya Janata Party wrested West Bengal from Mamata Banerjee’s All India Trinamool Congress while retaining Assam by a wide margin as the results of the assembly elections held in four states and one Union territory in three phases on Apr. 9, Apr. 23 and Wednesday poured in Monday. While the victory of the Indian National Congress-led United Democratic Front in Kerala did not come as a surprise, in neighbouring Tamil Nadu, the newbie Tamilaga Vettri Kazhagam led by actor-turned-politician Vijay Joseph Chandrasekhar thumbed its nose at a majority of exit polls and political pundits and

UltraTech Cement Ltd. is likely to report healthy growth in its top line and bottom line for the March quarter, largely mirroring the overall trend in the cement sector during the quarter, according to analysts. The increase in the company's top line is expected to be driven by higher volumes owing to more construction activity despite cement demand tapering in March due to the West Asia crisis, and an improvement in realisations from blended cement, analysts said. The company's bottom line is likely to benefit from higher operating leverage.

The country's largest cement manufacturer is l

India and South Korea have agreed to review the free trade agreement, with New Delhi keen on rewriting some chapters of the pact, Commerce and Industry Minister Piyush Goyal said Monday. The two sides agreed to review the FTA during South Korean President Lee Jae Myung's visit to New Delhi.

The existing FTA, implemented in 2010, is not beneficial for India, Goyal said, adding that India's trade deficit with South Korea tripled after the FTA was signed. India is willing to renegotiate and rewrite chapters under the agreement, Goyal said.

The Indian government is working to ensure the country gets preferential market access in the US under the Bilateral Trade Agreement, Commerce Minister Piyush Goyal said Monday. Both sides have almost finalised the trade agreement, Goyal said. "We are now just dotting the i's and crossing t's," Goyal told members of the press.
Goyal's comments come at a time when an Indian delegation led by India's chief negotiator Darpan Jain is in Washington to hold talks. The three-day talks end on Wednesday. This is the first meeting between officials from both sides since the US Supreme Court scrapped t

Prices of wheat and rice were unchanged and prices of maize were unavailable in key spot markets across the country, traders said. Wheat prices are steady and likely to remain so in the near term amid some need-based demand and the government's procurement, they said. Rice prices are unchanged on limited domestic demand amid tight supplies, they said. Maize prices were unavailable as some markets were shut for Akshaya Tritiya, they said.
WHEAT prices in Kota, Rajasthan, were unchanged at INR 2,325-INR 2,370 per 100 kg, said Ravi Mehta, a local trader. Arrivals fell by 40,000 bags to 80,000

UTI Asset Management Co. Ltd.'s net profit for the quarter ended March is expected to decline due to fall in market share and low treasury income, according to brokerages tracking the company. Higher costs are also expected to eat into its profitability, brokerages said.
The asset management company is expected to post a net profit of INR 991.63 million for the quarter, down 20% on year, according to the average of estimates from eight brokerages. Sequentially, the company's net profit is likely to fall 57%. The asset manager will detail its financial results for the quarter and year ended M

Prices of chana are expected to remain range-bound, while prices of tur and urad could stay under pressure in the near term, the India Pulses and Grains Association said in its weekly report Monday. Chana prices could be range-bound amid low demand, ongoing arrivals and imports, and the government's procurement, the association said. Tur and urad prices are seen down due to slowdown in seasonal demand and ample availability, it said.
Chana prices are expected to remain range-bound in the near term amid low demand, ample supply, and the government's ongoing procurement, the association said.

India will upgrade its trade agreement with South Korea within a year, seeking to boost bilateral trade to $50 billion by 2030, Prime Minister Narendra Modi said Monday.
Addressing a joint press briefing with visiting South Korean President Lee Jae Myung, Modi said the two countries have taken “important decisions” to boost bilateral trade. “In order to ease financial flows, we have decided to form India Korea Financial Forum. To hike business cooperation, we have formed an industrial cooperation committee,” Modi said.

Wipro Ltd.'s clients in the energy, manufacturing, and resources segment have not dramatically changed their strategies due to the military conflict in West Asia, the company's management told analysts in a post-earnings conference call late Thursday. While some manufacturing clients are looking for ways to secure supply chains, others are keeping a close watch on the input costs and are trying to tighten their budgets in view of the ongoing war. think some of the clients are waiting and watching...they're not dramatically changing their strategy. For example, what they're trying to do, espec

The government has procured 3.66 million tonnes wheat as of mid-April in the 2026-27 rabi marketing season, 48% lower from the previous year due to delayed harvesting and concerns over crop quality across key northern states. Procurement had been negligible at the start of April at 24,000 tonnes, down over 60% on year, according to Food Corp. of India data accessed by Informist.
To improve procurement, the Centre has accepted requests from states and relaxed quality specifications in Rajasthan and Haryana, and will soon ease them in Punjab as well, a government official said, adding that thi

Steady demand from the banking, financial services, and insurance vertical, sharp depreciation of the rupee against the dollar, and the absence of one-off costs related to new labour code provisions may help Wipro Ltd. report net profit growth for the March quarter, the first in 2025-26 (Apr-Mar). Similarly, the company's top line for the quarter is expected to grow at its fastest pace in over three years, thanks to the two-month revenue contribution from its recent acquisition of the digital transformation solutions business unit of HARMAN International. However, analysts are divided on how

The International Monetary Fund has raised its forecast for India's GDP growth in the current financial year started Apr. 1 by 10 basis points to 6.5%, citing continued momentum from FY26 and lower US tariffs. The reduction in US tariffs on Indian goods to 10% from 50% will also outweigh the adverse impact of the war in West Asia, the IMF said in its April edition of the World Economic Outlook report.
The IMF also raised India's growth forecast for FY28 by 10 bps to 6.5%. The Indian economy grew 7.8% in the December quarter and is projected to grow 7.6% in FY26, according to the government's

ICICI Lombard General Insurance Co. Ltd.’s net profit growth for the March quarter is expected to be the highest in three quarters, driven by robust premium income growth and lower underwriting losses, according to brokerages tracking the insurer.
ICICI Lombard, India’s second-largest general insurance company by market share, is expected to post a net profit of INR 6.39 billion for the March quarter, according to the average of estimates of four brokerages. This would be 25% higher on year and the steepest growth in three quarters. Sequentially, however, the net profit is seen slightly lowe

Asian Development Bank has projected India's GDP to grow 6.9% in the current financial year, 40 basis points higher than estimated earlier but slower than the 7.6% growth in FY26. The multilateral bank expects the war in West Asia and high energy prices to weigh on India's economic activity and exports and push inflation higher in the near term.Growth is seen moderating this year mainly because of heightened global uncertainty caused by the war in West Asia, higher energy prices, and volatile trade and financial conditions, ADB said in its Asian Development Outlook for April. Growth is expect

Analysts expect high costs to hit the earnings growth of companies in the March quarter, an otherwise better quarter that saw improvement in revenue growth. The US-Iran conflict pushed gas prices higher and interrupted the supply of key raw materials, which is likely to have resulted in higher costs for companies, brokerages said.
The 49 constituents of the Nifty 50 index for which estimates were available are likely to report a cumulative net profit growth of just over 3% for the March quarter over the same quarter last year, according to an Informist poll of 16 brokerages. The latest quart

Tata Consultancy Services Ltd. has entered the financial year 2026-27 (Apr-Mar) with confidence, where it comes to order flow and traction in services, the management of the information technology services major said in a post-earnings conference call with analysts Thursday.
We've a good orderbook getting into FY27...Our new-age services are also gaining traction. So, overall we're getting into the next year (FY27) with a lot of positivity and confidence," Chief Executive Officer and Managing Director K. Krithivasan said. He said the company is also positive on growth in its international bu

The Reserve Bank of India Thursday released the final guidelines to facilitate quicker cross-border inward payments by banks. The guidelines will be effective in six months, the central bank said in a notification.
The speed of the cross-border payments is affected by several factors. One of the challenges with speed of payments is experienced at the beneficiary leg i.e., the time taken from receipt of the payment at the beneficiary bank till credit to the beneficiary account,” the RBI said. “Review of the extant process for inward cross-border payments indicated the need for streamlining th