HDB Financial Services Reports Strong Q4 Results, Approves ₹2 Dividend Per Share 1 hr ago
HDB Financial Services delivered impressive Q4 performance with significant growth in profitability and revenue alongside improved asset quality indicators. The company reported net profit of ₹7.5 billion versus ₹5.3 billion year-over-year and revenue of ₹47.4 billion compared to ₹42.6 billion, while gross Stage 3 assets improved to 2.44% from 2.81% quarter-over-quarter and the board approved a ₹2 per share dividend for shareholders.
India Allows Companies to Reduce IPO Sizes by Up to 50% as Iran Conflict Affects Market Sentiment 17 hrs ago
India has allowed companies to reduce their IPO sizes by up to 50% in response to dampened investor sentiment caused by the Iran conflict. This regulatory flexibility enables companies to adapt their fundraising plans to current market conditions while maintaining their public listing objectives during periods of geopolitical uncertainty.
NSE Plans IPO Launch by December 2026 with DRHP Filing Expected by June 2026 6 days ago