The total headcount at State Bank of India (SBI) climbed to a five-year high of 2,45,131 in FY26 after the country’s largest lender added nearly 9,000 employees during the year ended March 2026. The workforce level is the highest since FY21, when SBI had 2,45,652 employees. Women account for 28.5% of SBI’s total workforce. The…
Real estate firm Anant Raj Ltd on Monday (May 11) reported a 23.6% year-on-year rise in consolidated net profit to ₹146.6 crore for the fourth quarter, compared with ₹118.6 crore in the same period last year. The revenue from operations, including income from data centres, increased 19.6% to ₹646.8 crore versus ₹540.7 crore a year…
Financial services company Nuvama Wealth Management Ltd on Monday (May 11) reported a 5.3% year-on-year rise in net profit to ₹269 crore for Q4FY26, compared with ₹255.41 crore in the corresponding quarter last year. Revenue increased 13.9% year-on-year to ₹1,281 crore from ₹1,124.79 crore a year earlier. The company said asset services maintained strong momentum…
The company recommended a final dividend of 85%, equivalent to ₹0.85 per equity share of ₹1 each, for the year ended March 31, 2026. Shares of JBM Auto Ltd ended at ₹680.85, up by ₹30.90, or 4.75%, on the BSE today, May 11. 1 Min Read Auto components maker JBM Auto Ltd on Monday (May…
Afcons Infrastructure Ltd on Monday (May 11) said it has received intimation of the client’s decision selecting the company as the most suitable bidder, with a proposal to accept its bid for rehabilitation and construction of a railway line in Croatia. The project involves the reconstruction of the existing track and construction of a second…
Infrastructure development company HG Infra Engineering Ltd on Monday (May 11) said it has received a letter of award from Welspun Enterprises Limited for a highway construction project in Maharashtra worth ₹3,931.11 crore, excluding taxes. The project involves the construction of a 6-lane (including partially elevated) highway corridor along with the improvement of the existing…
Adani Ports and Special Economic Zone said on Monday, May 11, that Pranav Choudhary has resigned as CEO-Ports with effect from May 31, 2026, to pursue his career opportunities outside the Adani Group. The company has appointed Niraj Bansal as CEO-Ports with effect from June 1, 2026. Bansal is a former Indian Revenue Service (IRS)…
Premier Energies Limited and Syrma SGS Technology Limited have decided not to proceed with their proposed acquisition of K-Solare Energy Private Limited, calling off the planned transaction after mutual discussions. The development comes in reference to the companies’ earlier disclosure dated October 23, 2025, regarding a proposed joint venture aimed at acquiring a 51% equity…
JB Chemicals & Pharmaceuticals Ltd on Monday (May 11) reported a 30.4% year-on-year decline in consolidated net profit to ₹101.4 crore for the fourth quarter, compared with ₹145.7 crore in the same period last year. Revenue declined 4.8% to ₹904.2 crore versus ₹949.5 crore a year earlier. EBITDA fell 11.2% to ₹201.1 crore from ₹226.4…
Groww Block Deal Alert: Early investors in investment platform Groww are looking to offload up to a 4.3 per cent stake in its parent company, Billionbrains Garage Ventures, through a block deal expected to take place on May 12. The proposed transaction could see investors including Peak XV Partners, Sequoia Capital, Ribbit Capital and Y…
