axis bank

axis bank's Q4 FY26 net profit dipped slightly to Rs 7,071 crore, impacted by higher provisioning and lower trading gains. Despite this, core interest income saw steady growth, fueled by a significant 19% rise in net advances, particularly in corporate and SME segments. The bank also reported improved asset quality and strong capital adequacy ratios.

Goldman Sachs maintained a buy rating on Reliance Industries, citing potential margin recovery and strong retail growth despite a Q4FY26 EBITDA miss. Nomura also holds a buy on axis bank, highlighting attractive valuations and strong loan growth. HSBC recommends buying Shriram Finance, anticipating RoA expansion despite revised AUM growth forecasts.

Fraud Came To Light After First EMI Was Deducted; 4 Held

Amruta Fadnavis highlighted the importance of swift institutional action and internal reporting mechanisms, drawing from her banking experience amidst allegations of women staff exploitation. Meanwhile, TCS is investigating sexual harassment and religious coercion claims at its Nashik unit, with a preliminary review finding no formal complaints. Two accused in the TCS cases have had their custodial remand extended.

A special NDPS court ordered the defreezing of bank accounts belonging to Rhea Chakraborty, her brother Showik, and mother Sandhya. The court ruled the Narcotics Control Bureau failed to comply with mandatory procedural safeguards, specifically Section 68F(2) of the NDPS Act, regarding the confirmation of frozen assets within 30 days.

Vivo has launched its flagship X300 Ultra and X300 FE smartphones in India, both featuring ZEISS-tuned cameras and running Android 16. The X300 Ultra starts at Rs 1,59,999, while the X300 FE is priced from Rs 79,999. Both devices promise extensive OS and security updates.

Motorola has launched the Edge 70 Pro in India, featuring a MediaTek Dimensity 8500 chipset and a 6,500 mAh battery. The device boasts a 6.8-inch 1.5K AMOLED display with a 144Hz refresh rate and a 50MP main camera. It runs Android 16, offers military-grade certification, and comes with 90W fast charging.

In light of recent allegations regarding sexual harassment and religious coercion at the Nashik unit, TCS's CEO K Krithivasan has reported the establishment of an oversight committee to evaluate the situation. Initial investigations revealed no formal complaints filed, yet suspended employees are currently facing scrutiny.

TCS clarified that an individual wrongly identified as an HR manager in the Nashik controversy was a process associate with no recruitment involvement. The company denied reports of the unit's shutdown and reiterated its zero-tolerance policy for misconduct, while also stating no internal complaints were received. An independent inquiry, supported by external agencies, is underway.

Prepare for the sacred Amarnath Yatra 2026, commencing July 3rd! Registration opens April 15th online or at 550 bank branches. Pilgrims aged 13-70 with a health certificate issued after April 8th are eligible. Choose the Pahalgam or Baltal route. Enhanced safety, including RFID tracking and Rs 10 lakh insurance, is in place.

Reliance Digital has launched its limited-time ‘Digital Discount Days’ campaign (April 3–19, 2026), offering massive savings across electronics. With deals like up to 50% off on a second product, bank discounts, and cashback via paper finance, shoppers can upgrade smartphones, appliances, and more while enjoying easy financing and reliable after-sales support.

OnePlus has launched the Nord 6 in India, featuring a powerful Snapdragon 8s Gen 4 chipset, a massive 9,000mAh battery with 80W charging, and a 165Hz AMOLED display. The device boasts AI capabilities, advanced connectivity, and robust durability ratings, positioning it as a performance-focused mid-range option.