Indian Bank reported a 14.71% year-on-year increase in net profit to ₹3,462 crore for the second quarter of FY27, compared with ₹3,018 crore in the corresponding quarter last year. Operating profit rose 46.58% to ₹7,090 crore, while net interest income increased 17.83% to ₹7,719 crore. Non-interest income grew 59% year-on-year to ₹3,953 crore during the […]

MNRE Secretary Santosh Sarangi. File | Photo Credit: The Hindu India’s agrivoltaic capacity could scale to more than 5-gigawatts in the next three to four years subject to enthusiasm from states and their ability to notify feed-in tariffs, Santosh Kumar Sarangi, Secretary at the Union Ministry for New and Renewable Energy (MNRE) told reporters at a briefing ahead […]

Platforms allotted shares worth ₹8,109.85 crore to 212 anchor investors at the top end of its price band, after institutional demand for the offering exceeded ₹2.5 lakh crore, more than 30 times the amount available in the anchor book, according to a stock exchange filing and people familiar with the matter. The allotment of 7.24 […]