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The latest in corporate news, market movements, and industry developments. Stay informed on mergers, earnings, and the forces shaping the business world.

IndusInd Bank swings to Rs 533 crore profit vs loss, declares final dividend of Rs 1.5 per share

IndusInd Bank swings to Rs 533 crore profit vs loss, declares final dividend of Rs 1.5 per share

IndusInd Bank reported a standalone net profit of Rs 533 crore in Q4, reversing a year-ago loss of Rs 2,236 crore. While profit dipped sequentially, the lender still declared a final dividend of Rs 1.5 per share. The results mark a sharp turnaround and signal improving fundamentals for the bank’s earnings trajectory.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Centre Ordinance Pushes Pre Packed Insolvency for MSMEs to Speed Restructuring Talks

Centre Ordinance Pushes Pre Packed Insolvency for MSMEs to Speed Restructuring Talks

The Centre has promulgated an ordinance amending the Insolvency and Bankruptcy Code to introduce pre-packaged insolvency for MSMEs. Under the change, a firm prepares a restructuring plan in coordination with creditors before formal insolvency proceedings start. The goal is to reduce delays and overall costs by front-loading negotiations and speeding up resolution.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Bitcoin Tops 100K for First Time as Putin-Linked Support Raises Eyebrows

Bitcoin Tops 100K for First Time as Putin-Linked Support Raises Eyebrows

Bitcoin has crossed $100,000 for the first time, surging up to 6.59% in 24 hours and sparking fresh momentum across crypto markets. The rally is being tied to support from a newly cited backer, raising questions about how geopolitics, including a Putin connection, may be influencing investor sentiment and demand at this milestone.

Summarised by Beize from a story on Republic on 24 Apr 2026
Nestoria Group Starts Dholera First 3D Printed Housing Project

Nestoria Group Starts Dholera First 3D Printed Housing Project

Nestoria Group has kicked off a large 3D printed housing development in Dholera Smart City, positioning the project as one of the most widespread uses of 3D construction technology in the region. The initiative aims to accelerate Dholera’s infrastructure transformation and could set a new benchmark for how housing is built across fast-growing smart cities in India.

Summarised by Beize from a story on Republic on 24 Apr 2026
Diet Coke Vanishing From Indian Stores as Aluminium Shortage and Conflict Hit Supply Chains

Diet Coke Vanishing From Indian Stores as Aluminium Shortage and Conflict Hit Supply Chains

Diet Coke is getting harder to find in India as summer demand collides with a global aluminium shortage. Producers rely on aluminium cans, but rising demand and disruptions linked to Middle East conflict are tightening supplies. With e-commerce stocks also wavering, the drink has turned into a Gen Z-style “missing product” moment, sparking questions about what happens when can supply falters.

Summarised by Beize from a story on Republic on 24 Apr 2026
NPCI cuts daily UPI transactions to 10 to stop incentive driven fake activity

NPCI cuts daily UPI transactions to 10 to stop incentive driven fake activity

NPCI, the body behind India’s UPI payments system, has tightened rules by capping daily transactions per account at 10. This is a drop from the earlier limit of 20, introduced via a circular dated October 21. The move targets artificial, incentive-driven transactions that can distort usage patterns on the platform.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Alvarez and Marsal names Aditya Jain MD to scale its GCC and lead analytics driven transformation

Alvarez and Marsal names Aditya Jain MD to scale its GCC and lead analytics driven transformation

Alvarez and Marsal (A&M) India has appointed Aditya Jain as Managing Director for Business Transformation Services, based in Gurugram. He will scale the firm’s Global Capability Center and deepen sector capabilities using analytics and technology. With over 25 years’ experience—including building BCG’s Global Capability Center in India—Jain is set to strengthen A&M’s transformation execution at speed and scale.

Summarised by Beize from a story on IndianWeb2 on 24 Apr 2026
Govt Slams Rumors of ₹25 Petrol Hike, Calls It Mischievous and Fake

Govt Slams Rumors of ₹25 Petrol Hike, Calls It Mischievous and Fake

India’s government dismissed circulating claims of a ₹25 per litre petrol and diesel price hike, with the Ministry of Petroleum and Natural Gas calling the reports “mischievous” and intended to trigger panic. The clarification followed attention to a Kotak Institutional Equities research note that projected a possible jump after state elections conclude on April 29.

Summarised by Beize from a story on Republic on 24 Apr 2026
L&T forms Vyoma.AI subsidiary to build sovereign AI cloud data centres for Indian enterprises

L&T forms Vyoma.AI subsidiary to build sovereign AI cloud data centres for Indian enterprises

Larsen & Toubro has incorporated wholly owned subsidiary Vyoma.AI to launch data centres and AI infrastructure, positioning it as a next-gen sovereign AI cloud. The company plans jurisdiction-first architecture so enterprise data, workloads and systems stay within approved Indian regulatory boundaries. Vyoma follows L&T’s NVIDIA partnership and its AI-first sovereign cloud platform launched earlier this year.

Summarised by Beize from a story on Inc42 on 24 Apr 2026
Delhi vs new Noida airport which one truly saves your time

Delhi vs new Noida airport which one truly saves your time

The Delhi and new Noida airport plans are pitted against each other not just on flights, but on the time cost of reaching them. While one side improves connectivity, the other forces passengers to navigate delays, access gaps, and longer commutes. The result: your total travel time may decide the winner more than routes do.

Summarised by Beize from a story on The Ken on 24 Apr 2026

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Vedanta shares surge to record highs as May 1 date set for 1 to 1 demerger payout

Vedanta shares surge to record highs as May 1 date set for 1 to 1 demerger payout

Vedanta Limited shares jumped more than 3% to hit a record high near ₹795 after the board set May 1, 2026 as the record date for its massive five-way 1:1 demerger. Investors are betting the corporate split will unlock value by turning the conglomerate into multiple pure-play listed firms, boosting optimism around future growth.

Summarised by Beize from a story on Republic on 24 Apr 2026
Infosys closes Stratus deal to supercharge AI insurance upgrades for property and casualty carriers

Infosys closes Stratus deal to supercharge AI insurance upgrades for property and casualty carriers

Infosys says it has completed its acquisition of Stratus, a U.S. technology solutions provider focused on property and casualty insurance. With more than 450 professionals and deep Guidewire expertise, Stratus will combine with Infosys’ Topaz AI and Cobalt cloud offerings to accelerate modernization, cloud adoption, and AI-driven improvements in underwriting, claims, fraud detection, and customer experience.

Summarised by Beize from a story on IndianWeb2 on 24 Apr 2026
JSW chief says no standard global definition of green steel forces regional rules

JSW chief says no standard global definition of green steel forces regional rules

JSW Group sustainability chief Prabodha Acharya says the world lacks a common definition of “green” steel, making claims hard to compare. If “green” is taken to mean carbon free, he argues it isn’t feasible. With different economic growth paths and production methods, he says standards must be set regionally by governments rather than relying on a single global yardstick.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Google and Meta plan massive Vizag data centers but power grid is not ready yet

Google and Meta plan massive Vizag data centers but power grid is not ready yet

Google and Meta are reportedly building large data centres in Vizag, but questions are rising over whether the local power grid can handle the load. As hyperscale demand approaches, planners and utilities must align upgrades, timelines, and capacity—before growth turns into grid strain and costly delays for everyone involved.

Summarised by Beize from a story on The Ken on 24 Apr 2026

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Apple names hardware chief John Ternus new CEO as Tim Cook shifts to executive chairman role

Apple names hardware chief John Ternus new CEO as Tim Cook shifts to executive chairman role

Apple has officially appointed John Ternus, its long-time hardware chief, as CEO starting September 1, 2026, replacing Tim Cook, who will become Executive Chairman of the board. The change marks Apple’s biggest leadership shift in 15 years. Ternus is expected to drive an AI-first, hardware-heavy strategy, while Cook will focus on global policy engagement and board leadership.

Summarised by Beize from a story on IndianWeb2 on 24 Apr 2026
Online Gaming Act 2025 Reshapes India’s Real Money Rules May 1 OGAI Powers Start

Online Gaming Act 2025 Reshapes India’s Real Money Rules May 1 OGAI Powers Start

India’s Online Gaming Act 2025 is set to overhaul the sector from May 1, with MeitY notifying the framework that creates the Online Gaming Authority of India. OGAI will classify games, enforce compliance, and can penalize or shut down platforms. Payments will face added scrutiny as banks and payment gateways must verify gaming registration certificates, while new user protections include age checks and responsible gaming safeguards.

Summarised by Beize from a story on Inc42 on 24 Apr 2026
India explores higher ethanol blending for petrol and diesel to curb crude oil imports dependency

India explores higher ethanol blending for petrol and diesel to curb crude oil imports dependency

India is considering higher ethanol blending in both petrol and diesel, aiming to cut the country’s 87% crude import dependency. During an inter-ministerial briefing, Petroleum Ministry Joint Secretary Sujata Sharma said talks with stakeholders are underway, reflecting Nitin Gadkari’s vision of moving toward 100% blending. The move targets greater energy self-reliance amid Middle East volatility.

Summarised by Beize from a story on Republic on 24 Apr 2026
SVB collapse raises urgent questions for clients worldwide including India and their legal exposure

SVB collapse raises urgent questions for clients worldwide including India and their legal exposure

Silicon Valley Bank’s sudden collapse is sending shockwaves across global finance, with clients in multiple jurisdictions now asking what legal risks may follow. From contract and creditor questions to regulatory and dispute pathways, the fallout could affect businesses tied to SVB internationally, including India. Legal experts are urging clients to review agreements, claims timelines, and governance obligations as investigations and settlements unfold.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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DMart plans massive store expansion as quick commerce apps sprint for 10 minute deliveries

DMart plans massive store expansion as quick commerce apps sprint for 10 minute deliveries

DMart is accelerating its physical footprint, adding 65–70 stores yearly and targeting 2,200 locations by 2030, with each mature outlet earning steady 5–6% margins. Meanwhile, quick commerce firms like Blinkit and JioMart are winning app users and orders via 10-minute delivery, but are still heavily loss-making. The two models are diverging because they serve different shopping moments and economies by city density.

Summarised by Beize from a story on Business Outreach on 24 Apr 2026
Dollar Holds Near Two Week High as Oil Surges Past 100 on Hormuz Tensions

Dollar Holds Near Two Week High as Oil Surges Past 100 on Hormuz Tensions

The US dollar hovered near a 1.5-week high as Middle East peace talks stalled and Iran US tensions deepened, pushing crude back above $100 a barrel. Investors stayed cautious as the conflict around the Strait of Hormuz escalated, including Iran seizing ships, while expectations for a Fed rate cut faded in response to the shock.

Summarised by Beize from a story on Republic on 24 Apr 2026
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