The path to revival of India's microfinance institutions (MFIs) is likely to be tough, with profits expected to return to normal only by the end of this financial year, according to a report by Crisil Ratings.
Chennai (Tamil Nadu) [India], July 30: Star Health and Allied Insurance Company Ltd. (Star Health Insurance), India's largest health insurance company, today announced the financial results for Q1FY26, delivering steady growth and improved profitability while reinforcing its leadership posit
The payments and financial services distribution company, Paytm, which announced its profitability in the first fiscal quarter, also reinforced its leadership in the merchant payments ecosystem, through its differentiated full-stack payments technology offerings that empower micro, small, a
Seoul-based Hyundai Steel returned to profitability in the second quarter of 2025, reporting an operating profit of 101.8 billion won (approximately USD 73.6 million) and a net profit of 37.4 billion won (approximately USD 27 million), as reported by the Korea Herald.
New Delhi [India], July 24: Healthians, India's leading at-home diagnostics and health-tech platform, has announced the appointment of Nishant Singhal as its new Chief Executive Officer (CEO). A founding team member and board member, Nishant takes on the leadership role at a transformative m
Leading global and domestic brokerages have rallied behind One97 Communications Ltd (Paytm) following its robust Q1FY26 results, describing the quarter as a pivotal moment in the company's journey to sustainable profitability.
The firm said in a statement that Paytm remains India's first and only AI-powered omni-channel payments platform, providing an end-to-end seamless payments tech stack including hardware, software and services.
Udaipur (Rajasthan) [India], July 22: India-based Hindustan Zinc Limited, a Vedanta Group company and the world's largest integrated zinc producer, announced its financial results for the first quarter ended 30th June 2025 on 18th July 2025. The company registered its highest ever first quar
India's quick commerce (Q-commerce) segment is moving away from its earlier focus on hypergrowth and shifting towards reviving profitability and improving operational efficiency, according to a report by CareEdge Ratings.
India's aviation industry is projected to record a net loss in the range of Rs 20-30 billion in the financial year 2025-26 (FY26), broadly in line with the estimated losses for FY2024-25 (FY25), according to the credit rating firm ICRA.
New Delhi [India], July 11: A business loan can help fund daily operations, growth plans, or asset purchases for new or established businesses. Lenders assess eligibility based on business age, credit score, financials, and documentation. Strong credit history, stable income, and proper docu
Growth in India's cement demand will recover to 6.5-7.5 per cent this fiscal (2025-26) after falling to 5 per cent in the recently concluded 2024-25 fiscal, according to a Crisil Ratings report.