Revenue up 5%, net profit up 11% as asset quality improves| Business News

HDFC Bank Ltd. saw its topline grow in the second quarter of the ongoing fiscal as asset quality improved for India’s largest private lender. While HDFC Bank’s asset quality improved, its provisions jumped 30% year-on-year in July-September 2025. (Reuters) Net profit of the Mumbai-based bank rose 11% over the year-ago period to ₹18,641 crore in […]

Peyush Bansal nears billion-dollar net worth with upcoming Lenskart IPO| Business News

Peyush Bansal’s net worth could rise to $1 billion with Lenskart IPO planned for next month, Bloomberg reported on Friday, underscoring wealth creation by new-age startups in the world’s third-largest stock market. Peyush Bansal is one of the sharks on Shark Tank India. (HT) Lenskart Solutions Pvt. Ltd., the biggest eyewear retailer in the world’s […]

Net profit drops 26% to ₹5,090 crore on higher provisions| Business News

Axis Bank Ltd. reported a bigger-than-expected drop in second-quarter profit on Wednesday, as higher provisions for bad loans weighed on earnings. Axis Bank shares fell 0.65% to ₹1169.00 apiece on the BSE even as the benchmark Sensex ended the day 0.70% higher at 82,605.43 points. (Reuters) Standalone net profit of India’s fourth-largest private lender by […]

Net profit up 4.7%, revenue up 4.8% on BFSI, manufacturing boost| Business News

Tech Mahindra Ltd. delivered on its key financials in the fiscal second quarter, aided by strength in its banking and manufacturing verticals, even as impact of US tariffs loomed. Tech Mahindra has announced an interim dividend of ₹15/share. (Reuters) Consolidated revenue of the Mahindra Group company rose 4.8% over the previous three months to ₹13,995 […]