Author: Legal Parivar

RBL Bank Limited has shared provisional financial data for the quarter ended December 31, 2025, highlighting strong growth across deposits and advances ahead of its official Q3FY26 results. According to the Bank’s filing with BSE and NSE, total deposits increased by 12% year-on-year (YoY) to ₹1,19,721 crore, up 3% quarter-on-quarter (QoQ). Deposits below ₹3 crore — a key focus for RBL’s granular deposit strategy — rose 15% YoY to ₹61,632 crore, accounting for 51.5% of total deposits. The Current Account and Savings Account (CASA) balance stood at ₹36,972 crore, with a CASA ratio of 30.9%, slightly lower than the previous…

In a sharp exchange on social media, Infor Edge founder Sanjeev Bikhchandani endorsed Zomato CEO Deepinder Goyal ’s defense of the gig economy while taking a dig at what he described as “elite hypocrisy.” Goyal’s post on X (formerly Twitter) highlighted how the gig economy has disrupted centuries-old class divides by bringing workers directly into contact with consumers. He argued that, historically, labor from the poor remained invisible to the wealthy, allowing consumption without moral reckoning. Gig workers, from delivery partners to quick-commerce staff, now face consumers daily, exposing the realities of their labor. “Suddenly, the poor aren’t hidden away.…

Following a record-breaking 2025, India’s primary market is gearing up for a massive IPO wave in 2026, with companies targeting close to ₹2.5 lakh crore through mainboard issues, according to data compiled by Prime Database Group. In 2025, 103 companies raised ₹1.76 lakh crore, marking the highest annual IPO mobilisation in India’s history. It was also the first time the market saw two consecutive years of record fundraising, highlighting the sustained investor appetite for public issues. Mainboard IPO Pipeline 2026 As per Prime Database analysis: New-age technology companies (NATCs) are leading the charge in 2026, with firms like Oravel Stays…

CORONA Remedies Limited, a leading India-focused branded pharmaceutical company, announced robust unaudited financial results for the second quarter (Q2) and half year (H1) of FY26. The consolidated revenue from operations stood at ₹361.13 crore for Q2FY26 and ₹707.67 crore for H1FY26, reflecting year-on-year (YoY) growth of 15.1% and 17.0%, respectively. Profit after tax (PAT) rose to ₹52.32 crore for Q2 and ₹98.52 crore for H1, marking 21.8% and 35.1% YoY growth. Key Financial Highlights – Q2 & H1 FY26 ParticularsQ2FY26 (₹ Cr.)H1FY26 (₹ Cr.)Revenue from Operations361.13707.67Gross Profit292.48573.24EBITDA78.47148.25EBITDA Margin21.7%20.9%PAT52.3298.52PAT Margin14.5%13.9% H1 FY26 Metrics: CORONA Remedies operates in women’s healthcare, cardio-diabetes, pain…

Foreign Portfolio Investors (FPIs) and Domestic Institutional Investors (DIIs) supported Indian equities on Friday, with FPIs net buying shares worth Rs 290 crore and DIIs adding Rs 677 crore, according to exchange data. During the session, FPIs purchased stocks worth Rs 7,850 crore while selling slightly higher at Rs 7,561 crore. DIIs bought equities worth Rs 15,350 crore and sold Rs 14,672 crore. Over 2025, FPIs remained net sellers, offloading Rs 2.92 lakh crore, whereas DIIs provided consistent support, accumulating a total of Rs 7.85 lakh crore in the domestic market. Market Performance The Nifty 50 extended its winning streak…

New Delhi: Coal India Limited (CIL), the state‑owned coal miner, has for the first time allowed foreign coal consumers to directly participate in its online Single Window Mode Agnostic (SWMA) e‑auctions, the company said in a regulatory filing on Friday, 2 January 2026. The move took effect from 1 January 2026 and was disclosed to the stock exchanges under SEBI’s listing regulations. Under the revised framework, buyers from neighbouring countries including Bangladesh, Bhutan and Nepal who wish to import coal from India can now register and bid alongside domestic buyers in CIL’s SWMA auctions, a unified e‑auction system introduced to…

India’s foreign exchange reserves rose sharply by $3.293 billion to $696.61 billion in the latest reporting week, according to data released by the Reserve Bank of India (RBI). In the previous week, the overall reserves had increased by $4.368 billion to $693.318 billion. The RBI noted that foreign currency assets (FCAs), expressed in dollar terms, also reflect the impact of appreciation or depreciation of non-US currencies such as the euro, pound and yen, which form part of the reserves basket. Segment-wise movement For the week ended December 26, foreign currency assets—the largest component of the reserves—rose by $184 million to…

Indian grain commerce platform Arya.ag has raised ₹725 crore in an equity funding round led by climate-focused investor GEF Capital Partners, marking a significant step toward scaling its operations and preparing for a public listing. In a statement, the company said the fresh capital will be used to deepen engagement with farmers and expand technology-driven, climate-smart agricultural solutions across its network. The funding comes nearly three years after Arya.ag raised $60 million in a Series C round from investors including Asia Impact SA, Lighrock India and Quona Capital, which had valued the company at ₹2,200 crore. Co-founder Prasanna Rao said…

The Indian rupee weakened past the psychologically important 90-per-dollar level, closing at 90.20 against the US dollar, after holding above the mark for nearly two weeks. Persistent dollar demand, a firm dollar index and continued foreign fund outflows weighed on the domestic currency. The rupee opened the session at 89.93, drifted lower through the day and slipped to 90.12 by the afternoon session before settling weaker. Currency dealers attributed the decline to sustained dollar buying for year-end settlement payments, coupled with strength in the US dollar. Rising prices of precious metals such as gold and silver also added pressure on…

Shares of Avenue Supermarts, which operates the retail chain DMart, are likely to be in focus on Monday, January 5, after the company released its December quarter (Q3FY26) business update post market hours. In a regulatory filing, the company reported standalone revenue from operations of ₹17,612.62 crore for the December quarter, marking a 13.15 percent year-on-year growth from ₹15,565.23 crore in the corresponding quarter of the previous fiscal year. During the quarter, Avenue Supermarts added 10 new stores, taking its total store count to 442 outlets. This includes one store at Sanpada, Navi Mumbai, which is currently closed to customers…