State-run lender Union Bank of India on Thursday (July 2) reported a 12.50% year-on-year increase in total gross advances to ₹10.96 lakh crore as of June 30, 2026, while domestic current account and savings account (CASA) deposits grew 11.72% to ₹4.50 lakh crore.Domestic advances rose 13.11% year-o…
Central Bank of India's gross advances rose 28.77% year-on-year and 3.01% sequentially to ₹3.55 lakh crore, indicating sustained loan demand across segments.The state-owned lender’s total deposits increased 11.66% from a year ago and 2.34% from the previous quarter to ₹4.79 lakh crore. The bank's l…
State-run Bharat Petroleum Corporation Ltd. (BPCL) has completed the acquisition of the remaining 39.14% stake in IBV Brasil Petroleo Limitada (IBV) for ₹2,312 crore, taking its indirect shareholding in the Brazilian oil and gas company to 100%.In an exchange filing on Thursday, BPCL said its indir…
Mahindra & Mahindra Financial Services has estimated its overall disbursements for the first quarter to increase 21% year-on-year to approximately ₹15,560 crore.The company said its business assets stood at approximately ₹1.37 lakh crore as of June 30, 2026, reflecting an estimated growth of around…
US markets today | The US stock market opened in the green on Thursday after a jobs report far below expectations helped to temper rate hike expectations. The Dow Jones Industrial Average ticked up roughly 0.5%, while the S&P 500 nudged up a slighter 0.4%. The Nasdaq Composite picked up 0.3%..US jo…
Leading NBFC Bajaj Finance Ltd on Thursday (July 2) reported a 24% year-on-year increase in assets under management (AUM) to approximately ₹5.47 lakh crore as of June 30, 2026, while new loans booked during the quarter rose 20%.The company said it booked 16.13 million new loans in Q1 FY27, compared…
Equitas Small Finance Bank Ltd on Thursday (July 2) reported a 26.70% year-on-year increase in gross advances to ₹47,653 crore as of June 30, 2026, while total deposits grew 10.44% to ₹48,976 crore.The bank said gross advances increased 3.22% sequentially, supported by robust disbursements of aroun…
State-run UCO Bank Ltd on Thursday (July 2) said its total business rose 15.46% year-on-year to ₹6.05 lakh crore as of June 30, 2026, driven by double-digit growth in advances and deposits.The bank’s total advances increased 21.33% year-on-year to ₹2.73 lakh crore, while total deposits rose 11.04…
The Nifty 50 extended its recovery for a second straight session on Thursday, supported by strong buying in information technology stocks. The benchmark index ended 169 points, or 0.71%, higher at 24,175 after closing near the day's high.Despite opening on a weak note, the index quickly recovered f…
Technology-enabled digital service provider BLS E-Services Ltd on Thursday (July 2) said it has acquired a 100% stake in Atyati Technologies Private Limited for approximately ₹157 crore in an all-cash transaction.The company said the acquisition has been successfully consummated, adding that Atyati…
Danish brewing giant Carlsberg has confidentially filed draft papers with markets regulator Sebi for an initial public offering (IPO) of its Indian business, people familiar with the development said on Thursday.The confidential filing route allows companies to submit draft offer documents to Sebi…
Hindustan Zinc Ltd. on Thursday reported its highest-ever first-quarter mined metal production, with output rising 1% year-on-year to 268 kilotonnes (kt) in the quarter ended June 30, 2026, driven mainly by better ore grades.Company said that saleable metal production increased 4% from a year ago t…
Adani Enterprises Ltd. and International Resources Holding (IRH), an IHC Group company, on Thursday signed a memorandum of understanding (MoU) with the Government of Odisha to develop a $11.5 billion (₹1.08 lakh crore) integrated greenfield aluminium project in the state.Under the agreement, Adani…
Foreign institutional investors (FIIs) remained net sellers in the Indian equity market on Thursday, offloading shares worth ₹311.82 crore, according to provisional exchange data. Domestic institutional investors (DIIs), meanwhile, continued to support the market, emerging as net buyers to the tune…
Broadband technology firm Sterlite Technologies Ltd (STL) on Thursday (July 2) said it has raised ₹1,500 crore through a qualified institutions placement (QIP), with participation from domestic and global investors.The company said it allotted 2.57 crore equity shares to qualified institutional buy…
A block deal was launched in PB Fintech, the parent company of Policybazaar and Paisabazaar, on Thursday, July 2.MacRitchie Investments, an arm of Temasek, is likely to sell 1.19 crore shares, representing a 2.6% stake in the company, through the transaction.The deal is valued at around ₹1,908 cror…
Avenue Supermarts Ltd, which operates the DMart retail chain, on Thursday (July 2) reported its business update for April-June 2026. The retailer reported a 15.1% year-on-year rise in standalone revenue from operations for the quarter ended June 30, 2026. The company's standalone revenue from opera…
Ujjivan Small Finance Bank’s total deposits rose 25.1% year-on-year to ₹48,307 crore from ₹38,619 crore in the June quarter in the financial year 2026-27, supported by a 37.8% increase in current account and savings account (CASA) deposits to ₹12,930 crore.The bank's gross loan book expanded 28.9…
Adani Enterprises Ltd on Thursday (July 2) launched a qualified institutional placement (QIP) to raise up to ₹10,000 crore, sources privy to the developments told CNBC-TV18.The indicative issue price has been set at ₹2,883 per share, which is at a 9.2% discount to the last closing price, sources cl…
State-run lender Punjab National Bank (PNB) on Thursday (July 2) said its global business rose 10.32% year-on-year to ₹29,99,876 crore as of June 30, 2026, with growth supported by steady expansion in deposits and advances.Global deposits stood at ₹16,70,180 crore, while global advances were at ₹12…
