Several companies are grabbing investor attention as new developments and quarterly results roll in.
Vodafone Idea has appointed Tejas Mehta as its new Chief Financial Officer (CFO) from October 6.
Mehta, previously Finance Chief at Mondelez India, is expected to strengthen Vodafone Idea’s financial strategy amid ongoing challenges.
Canara Bank’s subsidiary, Canara HSBC Life Insurance, has filed its Red Herring Prospectus (RHP), marking an important step toward its upcoming public offering.
Lupin launched its Liraglutide injection in the US for diabetes treatment, a market valued at roughly Rs 3,106 crore annually.
The company also received an update from the USFDA regarding its Pithampur Unit 2 inspection, now classified as Official Action Indicated (OAI).
Ceigall India Ltd secured a 190 MW solar project in Maharashtra worth Rs 712.16 crore under a 25-year contract.
Krystal Integrated Services won contracts worth Rs 157 crore from the Delhi Directorate of Education for sanitation and facility management over two years.
Bank and Industry Performance Highlights
HDFC Bank saw advances under management rise 9% YoY to Rs 28.69 lakh crore, with deposits up 12.1% to Rs 28 lakh crore.
CASA deposits grew 7.4%, while time deposits rose 14.6%.
Kotak Mahindra Bank reported a 16% increase in net advances to Rs 4.62 lakh crore, with total deposits up 14.6% and CASA deposits rising 11.2%.
IndusInd Bank, however, experienced an 8% decline in net advances and a 5% drop in deposits, with CASA ratio falling to 30.8%.
Punjab National Bank (PNB) saw Q2 global business grow 10.6% YoY to Rs 27.88 lakh crore.
Domestic business rose 10.5%, with deposits and advances growing steadily and a credit-deposit ratio of 72.4%.
In metals, Vedanta Ltd recorded record quarterly production in alumina (up 31%) and aluminum (up 1%).
Hindustan Zinc Ltd posted a 1% increase in mined metal output, a 2% rise in refined zinc, and a decline in refined lead production.
In retail, Avenue Supermarts Ltd reported standalone revenue growth to Rs 16,219 crore in FY25 and expanded its store count to 432 as of September 30, 2025.
