Financial Sector Highlights
The financial sector presented a mixed picture, with some banks demonstrating strong profit growth while others faced challenges. Karur Vysya Bank witnessed
a robust surge in profits, increasing by 39% to reach ₹690 crore in the third quarter. Similarly, DCB Bank saw a 22% increase in its Q3 profit, reaching ₹185 crore. Sundaram Home Finance also showed positive results, with a 20% rise in net profit during the same period. Conversely, IndusInd Bank experienced a significant drop in its Q3 profit, declining by 90% due to stresses within its microfinance institution (MFI) segment. In terms of liquidity, the Reserve Bank of India (RBI) injected ₹2 lakh crore into the system to support financial stability.
Energy Sector Performance
The energy sector displayed positive performance with several companies reporting substantial profit increases. BPCL's Q3 profit surged by 62% due to improved refining margins. JSW Energy also experienced a significant boost, with its profit jumping by 150% to reach ₹420 crore in Q3. Adani Power's bond issue attracted significant investor interest, indicating confidence in its financial stability. Torrent Power topped the discom rankings, signifying its operational efficiency. Additionally, the Power Ministry is seeking leadership changes at PTC India, reflecting ongoing developments in the power sector's management structure.
Manufacturing & Investment News
Manufacturing and investment activities revealed significant developments. Saint-Gobain is expanding its operations in India with further investments. Neolite ZKW has invested ₹100 crore in its Pune facility, demonstrating its commitment to growth. Milky Mist plans to invest ₹1,130 crore in a Maharashtra plant, contributing to the state's industrial growth. Carraro India is set to expand its service centers across India, enhancing its market presence. Premier Energies reported a 54% jump in its Q3 profit, reaching ₹391 crore. Hindustan Zinc plans to raise ₹1,400 crore via Non-Convertible Debentures (NCDs), showcasing its financial strategies.
IPO, Expansion, and Deals
Several companies are pursuing Initial Public Offerings (IPOs) to raise capital. Infra.Market and Purple Style Labs received Sebi's nod for IPOs, while Pride Hotels also secured approval for a ₹1,000 crore IPO. Furthermore, Barista Coffee plans to expand its presence, aiming to have 900 stores by 2030. Aimtron Electronics is aiming to raise USD 30 million from the ICS acquisition, indicating strategic growth plans. DLF is entering the senior living market with a ₹2,000 crore project, marking a diversification into a new sector. HCLTech acquired Finergic Solutions for ₹136 crore, strengthening its market position.
Policy, Innovation and Trade
The government is actively implementing policies and initiatives to boost economic growth. The PLI Scheme selected 5 white goods firms. The Digital Climate Atlas was launched to bolster climate resilience. The government is targeting 100 GW of hydro pump storage, which requires an investment of ₹5.8 lakh crore. Maharashtra is partnering with CANEUS for an innovation institute. The Ministry of Power is showcasing clean energy at Republic Day. India and the EU convened for a summit focusing on trade, defense, and global leadership. The impact of the EU duty suspension on Indian exports is being assessed. Inland waterways are transforming India, according to Sonowal, underscoring the government's focus on infrastructure.
Global Trends and Outlook
India's business environment is influenced by global trends and international collaborations. India is offering hope amidst global caution at the WEF meeting in Davos. Indian food was highlighted at the World Economic Forum. The UN report stated that India's FDI surged by 73% to USD 47 billion in 2025. Discussions at Davos highlighted the potential of Indian aviation. Cognizant is expanding its operations in India to enhance its talent pool. The survey suggests that white-collar hiring is strong in H1 2026. The India-EU summit focused on strengthening trade and global leadership. The recent developments in the business landscape show a dynamic and evolving environment with a mix of challenges and opportunities.
