Inc42 headline indicates Indian logistics platform Shadowfax recorded a fivefold profit surge. The supplied material contains no financial period, absolute profit figure, revenue data, or operational details.

IRDAI proposes tighter insurer expense caps and sharply lower distribution commissions, threatening Policybazaar and other open intermediaries. LIC, SBI Life and agency-led insurers appear better positioned, while bank and lender insurance-fee income could face pressure.

Systematix retained its Buy rating on Dodla Dairy, citing sustained demand, India value-added products and Africa growth. Capacity expansion in Maharashtra, Uganda and eastern India via Osam supports growth, though elevated milk procurement costs remain a near-term margin risk.

Indian gold and silver prices declined amid stronger US data and energy-price concerns. 24K gold was Rs 1.52 lakh per 10 grams and silver Rs 2.36 lakh per kg, affecting jewellery pricing across major Indian cities.

Hurun India Rich List 2026 values Hrithik Roshan at ₹2,500 crore, up from ₹2,160 crore, citing commercial expansion and valuation growth of his activewear and lifestyle brand HRX.

Motilal Oswal reiterated Buy on Vishal Mega Mart with a Rs 135 target, citing resilient growth, private-label strength and lean costs. Management targets double-digit annual same-store sales growth and sees scope for 1,200 additional large-format stores, though promoter stake-sale risk remains.

Indian grocery delivery unicorn BigBasket received a cash infusion of INR 350 crore amid increasing competition in the quick-commerce and online grocery market.

Retail investors increased their holding in Indian electric-vehicle maker Ola Electric to nearly 30% during the third quarter.

Welspun Living, an Indian home-lifestyle company, saw Fidelity Blue Chip Growth Fund buy 1.30 crore shares for ₹279.10 crore while Welspun Group Master Trust sold 2.45 crore shares worth ₹525.88 crore.

Bajaj Finance’s board will consider raising fresh capital through options including a preferential issue and QIP. The proposed fundraise, subject to regulatory and shareholder approvals, follows strong Q1 FY27 profit, income and AUM growth.

Ather Energy’s proposed IPO is positioned as a key test for the Indian electric two-wheeler pioneer and rival to Ola Electric.

IRDAI proposes digital insurance purchase options for new-vehicle buyers, lower commissions for mandatory motor cover, and tighter dealer distribution rules. Dealers could not deny cashless repairs if customers buy policies elsewhere, affecting OEMs, dealerships and insurance distribution economics.