Axis Bank reported better-than-expected quarterly results, driven by a strong net interest margin. Polycab reported weak earnings in the latest quarter after rising competition hurt operating margins. Infosys slightly lifted its annual revenue outlook.

Reliance Industries set October 28 as the bonus issue record date. Bajaj Auto said consolidated revenue in the third quarter rose but earnings dropped because of one-time tax changes. Crisil reported a rise in revenue and earnings and hiked its interim dividend. 

KEI Industries reported a rise in revenue and earnings in its latest quarter. Bank of Maharashtra reported an improvement in its gross non-performing loan ratio. The central government plans to sell up to a 5% stake in Cochin Shipyard. Newgen Software reported a rise in sales and earnings in its September quarter.

Reliance Industries said consolidated profit declined for the third quarter in a row, but its telecom and retail units continued to expand. The Supreme Court reinstated Adani Power's bid to acquire the debt-laden coal-powered KSK Mahandi thermal power plant.

LIC reported solid advance in its new premium business in September, leading the industry by a wide margin. Godrej Properties, Oberoi Realty, and Macrotech Developers reported rising new home bookings in the September quarter.

Tata Consultancy reported weaker-than-expected quarterly results, and the company's weak guidance also dented market enthusiasm. Puravankara said new bookings for residential properties declined in the September quarter.

Adani Enterprises launched its secondary offering to raise as much as ?16,600 crore. HDFC Life Insurance plans to raise ?1,000 crore. Vedanta prepaid to its bond holders for notes maturing in 2027.



IRB Infrastructure Developers reported a rise in toll revenue in September. Tata Motors said September global unit wholesale sales declined across all segments. JM Financial and Patanjali Foods received approvals from the competition commission to acquire additional stakes in subsidiaries.

Tata Motors' Jaguar Land Rover reported a decline in retail sales because of supply chain issues in the September quarter. Hero MotoCorp and Honda Motorcycle reported a decline in two-wheeler unit sales in September. Morepen Laboratories plans to separate its medical device business.

LIC increased its stake in Bank of Maharashtra. Adani Wilmar estimated a rise in revenue in the latest quarter. Macrotech Developers said revenue in the September quarter increased 11%. Godrej Properties indicated strong sales in the first half. 

Biocon's subsidiary completed a senior secured notes offering and raised $1 billion. Ashok Leyland struck a partnership with Japan-based Nidec Corp. Reliance Power is planning to sell about $500 million of foreign currency convertible notes yielding 5%. 

Adani Power agreed to acquire Dahanu Power Station. Reliance Power and Reliance Infrastructure formed a partnership with a Bhutan-based company to develop solar and hydropower plants. The Godrej Properties board approved the company's plans to raise capital to finance its real estate projects. 

Adani Airport Holdings completed its bond offering and raised ?1,950 crore. Mankind Pharma's board approved the company's plans to raise ?10,000 crore. McLeod Russell's chairman signaled improving business conditions to resolve its outstanding debt payments. 

The promoter group of Sterling and Wilson lowered its stake in the renewable energy company. Adani Enterprises' subsidiary plans to double its solar cell and module production by 2030. Reliance Industries received approval to transfer its entertainment channels to Star India.



Shriram Finance's international bond offering was oversubscribed. Coromandel International increased its stake in a Senegal-based rock phosphate company. Reliance Power said it is on track to be debt-free by the end of the year.