Bajaj Finserv reported a 8% rise in Q2 net profit to ₹2,244 crore, but its lending arm, Bajaj Finance, saw its stock slump over 6%. This decline was triggered by a cautious outlook for future expansion and increased credit costs. Bajaj Finance also moderated its FY26 growth forecast. Meanwhile, Bajaj Allianz General Insurance posted a 5% profit increase.
PRISM’s IPO filing mentions Zostel case, CCI investigation
In its UDRHP-I filing to Sebi, the company any ‘adverse’ outcome in legal proceedings involving Zostel may materially and adversely affect its business, reputation, prospects,