As per the RBI guidelines, an ‘upper-layer’ NBFC must list within three years of being notified. On September 14, 2023, the Reserve Bank of India (RBI) classified both Tata Capital and parent Tata Sons Ltd among the 16 ‘upper tier’ NBFCs.
Adani Wilmar (AWL Agri Business) posted a 24% YoY drop in net profit to Rs 236 crore in Q1FY26 despite record revenue of Rs 17,059
ICICI Prudential Life Insurance reported a 34% surge in first-quarter profit, reaching 3.02 billion rupees, driven by increased group policy premiums and reduced operating costs.
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