Savings Effect

Kwality Walls Kwality Wall’s (India) posted a 35% year-on-year increase in net profit to ₹51 crore in Q4 FY27, compared with ₹38 crore in the corresponding quarter last year.

IndusInd Bank The Reserve Bank of India (RBI) has levied a monetary penalty of ₹59.20 lakh on private sector lender IndusInd Bank for violating certain provisions of its directions concerning ‘Interest Rate on Deposits’ and ‘Securitisation of Standard Assets’.

PhysicsWallah narrowed its consolidated net loss by 31% to ₹88.3 crore in the April-June quarter, compared with ₹127 crore a year ago, as operating revenue climbed 24% to ₹1,054 crore, driven primarily by its online business.

Reliance Industries and UK-based aerospace major Rolls-Royce on Friday announced plans to jointly develop an indigenous combat engine for India’s Advanced Medium Combat Aircraft (AMCA) programme, strengthening efforts to build self-reliant aerospace propulsion capabilities in the country.