NCLT approves merger scheme of Suzuki Motor Gujarat with Maruti Suzuki India

NCLT approves merger of Suzuki Motor Gujarat with Maruti Suzuki India, streamlining operations and enhancing business synergies from April 1, 2025.

NCLT approves merger of Suzuki Motor Gujarat with Maruti Suzuki India, streamlining operations and enhancing business synergies from April 1, 2025.

Trans & Rectifier India Ltd reported a 24% year-on-year decline in net profit to ₹34 crore for Q2 FY26, as margins came under pressure. Revenue remained flat at ₹460 crore.

Indian markets saw a mix of earnings this week as several key companies announced their Q2 results. Strong performances from Force Motors, NALCO, Kalyan Jewellers, Torrent Pharma, and Nykaa stood out, while Petronet LNG and Shipping Corporation reported muted numbers.…

For the Bank Nifty index, a breach below 57,300 level could extend the decline towards 56,800, analysts say.

With home values nearly flatlining, manufacturing slipping for the eighth straight month and now Republican members of the US Congress publicly warning the world’s largest economy may be recession bound, the risk appetite in global markets may wane fast.

Smartworks now manages over 12 million sq ft across 68 centres, with Founder Neetish Sarda saying its large enterprise focus and campus-led model enable faster growth and higher occupancy.

The company’s revenue from operations rose 23.2% YoY to ₹242.4 crore from ₹196.7 crore, driven by healthy demand across key segments. EBITDA for the quarter came in at ₹48.34 crore, up 51.8% from ₹31.85 crore in the year-ago period.

Poly Medicure reported a 5% year-on-year rise in Q2 FY26 profit to ₹91.8 crore, aided by healthy domestic sales and new product launches across its cardiology and orthopaedic segments.

The company fixed November 13 as the record date to determine eligible shareholders entitled to receive the interim dividend.

Voltamp Transformers reported a 4% year-on-year rise in Q2 profit to ₹78.9 crore, supported by healthy order inflows and healthy operational performance, even as heavy rains impacted deliveries.