09 Feb 2026

The Kerala government has decided to bear 50 per cent of the cost of the long-pending Angamaly Erumely Sabari railway project, committing INR 1,900 crore through the Kerala Infrastructure Investment Fund Board. The decision aims to remove funding bottlenecks that have delayed the project for over two decades. The 110 km rail line is intended to improve connectivity to Sabarimala and support development in central and southern districts of the state. The total project cost is now estimated at INR 3,800.9 crore.Read more

09 Feb 2026

JSW Cement Ltd returned to profitability in the December quarter of FY26, reporting a net profit of INR 130.62 crore after posting a loss in the same period last year. The improvement was supported by stronger operating EBITDA, steady growth in sales volumes, and higher overall income. Revenue from operations rose over 13 per cent year-on-year, while operating EBITDA increased by more than 31 per cent. The company also reported an exceptional loss linked to the implementation of new Labour Codes, even as expenses remained largely under control.Read more

09 Feb 2026

Transport Corporation of India reported a 10.4 per cent increase in standalone profit after tax to INR 130.5 crore for the December 2025 quarter, supported by festive-led demand and higher freight volumes. Revenue rose 9.3 per cent year-on-year to INR 1,113.2 crore. Automotive, FMCG, pharmaceuticals and e-commerce drove growth, aided by record road and rail volumes and improved warehousing utilisation. While part of the momentum was seasonal and inventory-driven, the company continued to strengthen its end-to-end logistics portfolio to address evolving supply chain needs.Read more

08 Feb 2026

Trent Limited, the retail arm of the Tata Group, posted solid third quarter results driven by robust performance in its fashion retail businesses. Standalone net profit grew about 36% and adjusted profit rose about 41% year on year, while standalone sales increased close to 16%. On a consolidated level, revenue climbed about 15%, though overall profit growth was modest. The company continued to strengthen its retail footprint, adding new Westside and Zudio stores, including an outlet in the UAE, and expanded its overall retail space to more than 15 million square feet. Stable margins and disciplined operations underpinned the performance.Read more

08 Feb 2026

Aptus Value Housing Finance India reported a 23.98% year-on-year rise in consolidated net profit for the third quarter of FY26, supported by steady income growth and controlled expenses. Total income increased by over 22%, while assets under management expanded by around 21%. Disbursements grew at a measured pace amid a shift towards higher-ticket loans. Asset quality remained stable, with gross and net NPAs largely unchanged. The company also continued to expand its branch network while maintaining strong liquidity and capital adequacy levels.Read more

08 Feb 2026

RITES Ltd, the government-owned engineering consultancy and infrastructure firm, reported a year-on-year increase in consolidated profit after tax for the third quarter of FY26, supported by modest revenue growth and a stronger order book. The company posted a consolidated profit after tax of INR 115 crore for the quarter ended December 31, 2025, reflecting a marginal rise compared with the year-ago period. Operating revenue increased slightly over the same period as consultancy and export segments contributed to growth. Earnings before interest, tax, depreciation and amortisation (EBITDA) also rose, with improved margins. RITES board declared an interim dividend for shareholders. The firm secured a significant number of new orders during the quarter, boosting its order book value. For the nine months to December 2025, consolidated profit and revenue also recorded year-on-year increases.Read more

08 Feb 2026

Malaysia Airlines Berhad (MAB) and Singapore Airlines (SIA) have officially formalised their strategic joint business partnership after receiving regulatory approvals from the Civil Aviation Authority of Malaysia and Singapore's Competition and Consumer Commission. This agreement enables both carriers to expand commercial cooperation, including coordinated flight schedules, joint fare products, revenue-sharing arrangements, and corporate travel programmes. The collaboration builds on a codeshare network established in 2019, aiming to strengthen connectivity between Malaysia and Singapore, improve passenger convenience, and reinforce regional aviation competitiveness.Read more

08 Feb 2026

CapitaLand India Trust (CLINT) raised INR 915 crore via its first onshore bond issuance, aiming to improve distributions per unit by around 3.8% while reducing currency risk and optimizing tax efficiency. Currently, only 16% of its debt is India-based, but the trust plans to scale this to 40-50% in the next few years. CLINT is advancing key office and data center projects in Bengaluru and Hyderabad and has sold a partial 20.2% stake in its data center portfolio. Strong leasing, rental growth, and operational efficiency supported a 22% rise in distributable income.Read more

08 Feb 2026

Hinduja Group flagship Ashok Leyland has entered into a strategic partnership with Indonesia's state-owned defence and industrial equipment manufacturer PT Pindad to jointly develop and manufacture electric buses and defence vehicles. The memorandum of understanding focuses on products tailored to Indonesia's mobility requirements and national security needs. Under the agreement, Ashok Leyland will contribute its global experience in commercial electric vehicle platforms and defence mobility solutions, while Pindad will bring its engineering expertise, local manufacturing capabilities and strong presence within Indonesia's defence ecosystem. The collaboration aims to address the country's terrain-specific and operational requirements while supporting local manufacturing. The company indicated that the partnership aligns with its international expansion strategy in both electric mobility and defence segments, particularly across emerging markets in Southeast Asia.Read more

07 Feb 2026

India's account aggregator (AA) ecosystem has reached a meaningful scale in facilitating retail and MSME credit, with monthly loan disbursements touching around INR 24,000 crore during the first half of FY26. According to Sahamati's Credit Reimagined H1 FY26: AA Impact Report, the framework enabled loan disbursals worth approximately INR 1.47 lakh crore across 1.5 crore loans between April and September 2025. This marks a sharp rise from the INR 14,000 crore monthly average recorded in the preceding half year. The report highlights growing adoption across products and borrower segments, particularly unsecured and digitally originated loans, and notes that nearly one in ten personal loans is now facilitated through the AA ecosystem. The findings underline the growing role of consent-based data sharing in improving credit access, efficiency and risk management.Read more