Business & Markets: India — Last 24 Hours

₹15.7 lakh crore — the Bajaj Group's combined market cap on Friday, vaulting past HDFC Group's ₹13.8 lakh crore to become India's fourth-largest conglomerate. It's a power shift triggered entirely by one earnings quarter.

Winners: Financials Show the Way

• Bajaj Finance posted a 28% YoY jump in consolidated PAT to ₹6,081 crore, adding 5.1 million customers and disbursing over 16 million new loans in Q1. The stock surged 9.3% to a record ₹1,151.50. -...