L&T registers Q2 consolidated PAT of Rs 2,309 crore

Mumbai (Maharashtra) [India], March 11: Elitecon International Limited (BSE: 539533), a diversified FMCG enterprise, reported strong financial performance for the quarter ended December 31, 2025, supported by robust growth across revenue and profitability, driven by expanding global trade operations, strategic acquisitions and strengthened FMCG capabilities.

The Reserve Bank of India (RBI) has introduced a new set of prudential norms for banks that cap dividend payouts at a maximum of 75 per cent of Profit After Tax (PAT) for most banks, linking profit distribution more closely with capital strength, profitability and regulatory compliance.

New Delhi [India], March 10: The Good Food Institute India (GFI India), in collaboration with the National Institute of Food Technology, Entrepreneurship and Management, Thanjavur (NIFTEM-T), released a landmark study titled India as a global manufacturing hub for smart protein processing equipment at the 4th Plant Based Foods Summit held on the sidelines of AAHAR 2026. This first-of-its-kind report delivers a comprehensive assessment of India's current manufacturing capabilities for plant-based smart protein processing equipment, offering strategic recommendations for government, industry, and research institutions to accelerate domestic production and reduce costly import dependence.

New Delhi [India], March 9: Private Markets Investment and Advisory firm Krasha is preparing to apply for registration of its first Category-II Alternative Investment Fund (AIF) in Q2 of FY2026-27 as it looks to expand its presence across India's asset management ecosystem.

Gurugram (Haryana) [India], March 7: ISIC India today announced a breakthrough 5-in-1 International Student Identity Card (ISIC) on RuPay network that unifies: official campus identity, ISIC discounts, RFID campus access, National Common Mobility Card (NCMC) for public transport, and an INR prepaid payment capability--on a single secure card. Similar 5-in-1 variants will be offered for youth through International Travel Youth Card (IYTC) and for teachers via International Teacher identity Card (ITIC).