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Revenue from operations increased marginally by 0.6% year-on-year to ₹1,063.3 crore, compared with ₹1,056.7 crore a year earlier.

SBI Mutual Fund hired Manish Mehta as Chief Business Officer. He joins from Kotak Mahindra AMC and will likely replace DP Singh, who retires in August.

Nesco’s Q1 earnings before interest, taxes, depreciation and amortisation (EBITDA) declined 7.2% to ₹102.4 crore from ₹110.3 crore, with EBITDA margin contracting to 48.3% from 57% in the year-ago period.

CXMT Corp shares soared 466% on Shanghai debut, becoming China’s most valuable listed company despite global tech stock selloff.

Motilal Oswal expects Meesho to deliver a 25% compound annual growth rate (CAGR) in marketplace net merchandise value (NMV) over FY26-31, driven by customer acquisition and rising platform adoption.

India’s crypto industry may get an SRO for oversight until a comprehensive law for Virtual Digital Assets is introduced.

Canara Bank’s fresh slippages for the quarter moderated to ₹1,781 crore, from ₹2,771 crore during the March quarter. Slippage ratio at the end of the June quarter also moderated to 0.15% from 0.24% in March.

Gold and silver prices rise on MCX due to easing US-Iran tensions, weaker dollar, and lower bond yields. Festive demand expected in India.

SBI Cards’ asset quality improved during the quarter, with gross non-performing assets (NPA) declining to 2.04% from 3.07% a year earlier, while net NPA improved to 0.83% from 1.42%.

The weak profitability was driven by a rise in operating costs. Employee expenses increased to 24% of revenue from 20% a year earlier, manufacturing costs rose to 9% from 5%, while other expenses nearly doubled to 21% from 10%.