HDB Financial Services reported a profit surge of over 40% in its fourth-quarter results, alongside a declared dividend of Rs 2 per share. The scale of the earnings jump signals meaningful operating momentum, though the source does not specify the absolute profit figure or the comparable base-period number. The dividend declaration indicates management confidence in the company's cash generation and capital position. Investors and analysts tracking HDFC Bank's non-banking financial subsidiary will watch for granular disclosures on net interest margin, asset quality, and loan book growth, which would clarify whether the profit expansion reflects revenue acceleration, credit cost improvement, or both. With HDB Financial also being monitored in the context of a potential IPO, quarterly performance data carries additional weight for valuation benchmarking.
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.
