The Ramco Cements reported a significant three-fold surge in its consolidated net profit to Rs 77.88 crore for the September quarter. Revenue from operations grew 9.52% to Rs 2,238.74 crore, though cement sales volume remained flat. The company plans to reach 30 MTPA cement capacity by March 2026.

Saregama, a part of RPSG Group, saw a slight dip in its September quarter performance. Net profit fell 2% year-on-year to Rs 44 crore. Revenue from operations also declined 5% to Rs 230 crore. The company declared an interim dividend of Rs 4.50 per share. Saregama expanded its music portfolio and saw growth in its live events business.

Indian stock markets are poised for continued optimism, with analysts anticipating new record highs for Nifty and Sensex by year-end, contingent on supportive global cues and domestic earnings. October saw a significant rally driven by strong corporate results, FII inflows, and easing global yields, though some consolidation is expected due to higher valuations.

Emirates NBD Bank plans to acquire a significant stake in RBL Bank. An open offer at Rs 280 per share will commence from December 12. This deal marks a major foreign investment in India s banking sector. The transaction aims to boost RBL Bank s growth capital and digital capabilities. RBL Bank will seek government approval for increased foreign direct investment.

Emmvee Photovoltaic Power Ltd is set to launch its IPO on November 11, aiming to raise Rs 2,900 crore. The company plans to use the funds for loan repayment and general corporate needs. This move comes as India s solar manufacturing capacity sees significant growth. The IPO will conclude on November 13.

Mindspace Business Parks REIT reported a significant 25.8% year-on-year increase in net operating income to Rs 634 crore for the September quarter, driven by strong leasing and stable occupancy. Revenue from operations grew 24.8% to Rs 778 crore, with distribution rising 16.3% to Rs 355 crore, resulting in a DPU of Rs 5.83.

Wall Street s major indexes saw a subdued open on Wednesday, recovering slightly from a tech-driven selloff fueled by valuation worries. A robust ADP employment report eased concerns about a weakening labor market, with the Dow Jones Industrial Average showing a modest gain, while the S&P 500 experienced a slight dip and the Nasdaq Composite edged higher.

State Bank of India reported a significant 10% year-on-year profit increase to ₹20,160 crore in the second quarter. This performance surpassed market expectations, driven by robust growth in retail, agriculture, and MSME advances. The bank also benefited from a profitable sale of its Yes Bank stake.

Fairfax-backed CSB Bank reported a 16% YoY rise in Q2 profit to ₹160 crore, driven by higher interest income and 16% NII growth to ₹424 crore. The bank plans to expand its retail, SME, and NRI businesses, including a new Dubai office, while maintaining a conservative gold loan strategy.

Delhivery reported a consolidated net loss of Rs 50.38 crore in Q2 FY26, a shift from a profit in the prior year, despite a 16.9% rise in revenue to Rs 2,559.3 crore. The company achieved record festive volumes, with Express Parcel shipments up 32% YoY, driven by strong operational performance and successful integration of Ecom Express.