Bank of Maharashtra posted a 35% year-on-year increase in net profit to Rs 2,014 crore for Q4FY26, with net interest income rising 20%, signaling broad-based operating momentum. Advances and deposits both expanded robustly over the quarter, contributing to full-year profit growth of 27% for FY26. Asset quality strengthened alongside earnings growth, with gross and net non-performing asset ratios declining, a combination that reduces provisioning pressure and supports capital deployment flexibility. The bank declared a total dividend of 22% for FY26, reflecting confidence in earnings sustainability. For investors, the concurrent improvement in profitability and asset quality is the key signal: cleaner books reduce tail risk while NII expansion points to pricing power holding despite sector-wide margin scrutiny. Watch whether advance growth sustains into FY27 and whether NPA ratios continue their downward trajectory as the credit cycle matures.
Flipkart will launch a food delivery pilot in Bengaluru by mid-August, charging restaurants a 10-11% commission compared to the 25-35% levied by Swiggy and Zomato. The move targets growing restaurant discontent with incumbent platforms and aims to drive daily engagement across Flipkart's 500 million registered users.
Maruti Suzuki crossed two lakh domestic units in July 2026 for the first time, recording 42.4% year-on-year growth. Total sales including exports and OEM supplies reached 2,41,421 units, with all passenger vehicle segments posting gains.
Air India's net loss more than doubled to ₹22,238 crore in FY26, prompting Tata Sons chairman N Chandrasekaran to extend the Vihaan.AI turnaround timeline from five years to as long as a decade.
UpGrad's all-stock acquisition of Unacademy, valued at Rs 1,955 crore, is set to close within three weeks after CCI clearance and near-complete investor sign-offs. The deal combines upGrad's upskilling business with Unacademy's test prep and medical education platforms, with Gaurav Munjal staying on as CEO.
