Sakar Healthcare Q1 Results: Net Profit Surges 120% as Oncology Pivot Gains Momentum
Sakar Healthcare delivered a robust performance in Q1 FY27, marked by a 120% jump in net profit and a significant expansion of its specialized oncology segment. The company is successfully transitioning toward a vertically integrated, export-led oncology model with improving operational margins.
SBI Raises ₹4,691 Crore via Basel III Compliant Additional Tier 1 Bonds at 7.75%
State Bank of India has successfully raised ₹4,691 crore through the issuance of Basel III compliant Additional Tier 1 (AT1) bonds. The offering, which marks the bank's first such issuance for the current financial year, was oversubscribed more than twofold, reflecting strong institutional demand for the lender's debt instruments.
Gland Pharma Launches USFDA Approved Sugammadex Injection in 1.6 Billion Dollar US Market
Gland Pharma Limited has secured USFDA approval and executed the market launch of Sugammadex Injection in the United States. This generic alternative to Bridion targets a substantial perioperative therapy segment that recorded $1.6 billion in annual sales through April 2026.
Career Point Edutech Secures ₹35.75 Crore Online Coaching Order from Maharashtra Govt
Career Point Edutech Limited has been awarded two significant work orders totaling ₹35.75 Crore from the Mahatma Jyotiba Phule Research and Training Institute (MAHAJYOTI). The project involves delivering comprehensive online coaching for competitive examinations to 6,500 students across Maharashtra, marking a major expansion into the government-sponsored education segment.
Paytm Launches UPI-Integrated Split Bills Feature to Drive App Engagement
One 97 Communications Limited has introduced 'Split Bills', a new feature on the Paytm app designed for managing group expenses. The tool enables users to track, split, and settle shared costs seamlessly using integrated Paytm UPI functionality.
Vardhman Special Steels Q1 FY27 Net Profit Surges 107% to ₹41 Crore
Vardhman Special Steels delivered a strong performance in Q1 FY27, characterized by significant profit growth and healthy margins. The company is currently operating at full capacity and is aggressively pursuing both brownfield and greenfield expansions to meet robust market demand.
Renaissance Global Expands US Presence with Third Jean Dousset Store in San Francisco
Renaissance Global Limited has launched its third physical retail outlet for the Jean Dousset brand in San Francisco, marking a transition from a digital-first model to an omnichannel network. The expansion is part of a broader strategy to establish seven retail locations across major US luxury markets by the end of FY27.
Inox Wind Secures ₹1,600 Crore Turnkey Order for 200 MW Project from NLC India
Inox Wind Limited has secured a significant 200 MW turnkey wind energy order from NLC India Limited, valued at approximately ₹1,600 crore. This repeat contract involves end-to-end project execution and post-commissioning maintenance, further strengthening the company's multi-gigawatt order pipeline.
Schaeffler India Q2 CY26 Revenue Surges 17.5% to ₹2,681 Crore as Exports Outperform
Schaeffler India reported a robust 17.5% YoY revenue growth for Q2 CY26, reaching ₹2,681 crores on a standalone basis, driven by a 33% surge in Automotive Technologies. Despite headwinds in the domestic passenger vehicle segment, the company achieved an EBITDA margin of 19.1% and significantly outperformed its export growth guidance.