Tech Mahindra concluded FY26 with a 13.15% rise in net profit to Rs 15,076 crore and a 7.2% revenue increase to Rs 56,815.4 crore, exceeding analyst expectations. The company is accelerating its AI-led transformation, evidenced by record deal wins, and has declared a final dividend of Rs 36 per share.
IndiGo Airlines has appointed former British Airways chief William Walsh as its new CEO, effective August 3, 2026. This strategic move follows the resignation of Pieter Elbers earlier this month. Walsh, currently with IATA, brings extensive global aviation experience and a customer-focused leadership style to guide IndiGo’s next phase of growth and transformation.
Indian markets concluded the week on a positive note, with the combined market value of the top ten companies surging by over Rs 1.87 lakh crore. Bharti Airtel emerged as the leading gainer, adding Rs 58,831 crore to its valuation. This uptrend was supported by easing geopolitical tensions and a positive risk sentiment.
India aims for 100% ethanol blending to boost energy self-reliance amid West Asian oil supply concerns, according to Union Minister Nitin Gadkari. He highlighted the nation’s heavy reliance on oil imports and the environmental benefits of alternative fuels. Gadkari also discussed the potential of green hydrogen and the circular economy for job creation.
Indian Railways is launching 908 summer special trains, operating 18,262 trips between April 15 and July 15, 2026, to manage increased passenger demand. This initiative aims to ease waiting lists and enhance travel convenience across the country. A significant portion of these services is already open for booking.
Indian banks face widespread closures this week due to festivals and annual account settlements. Several states will see branches shut on March 31 for Mahavir Jayanti. April 1 sees a nationwide closure for accounting, with exceptions. Further closures are scheduled for April 2 and 3 for Maundy Thursday and Good Friday respectively.