Financial Express Pune - May 07, 2025
Financial Express Pune - May 07, 2025
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In this issue
May 07, 2025
ONDC: High shipping fees hit FPOs' sales
• India Post yet to offer its services
1 min
Moody's Cuts India's Growth Estimate to 6.3% for 2025
GLOBAL RATING AGENCY Moody's on Tuesday lowered India's GDP estimates to 6.3% from 6.5% for 2025, citing a global economic slowdown caused by heightened US policy uncertainty and trade restrictions.
1 min
India will retaliate if EU goes ahead with carbon tax: Goyal
AS INDIA AND the European Union (EU) speed up negotiations on a free trade agreement (FTA), New Delhi has warned the 27-member bloc that any move to go ahead with its carbon tax on imports will invite retaliation.
1 min
Spot Power Prices Down 50% in May
In the spot market declined by as much as 50% during the first five days of May as unseasonal rains, particularly in the North, reduced power demand while sell bids increased substantially, according to data from the Indian Energy Exchange.
1 min
Services PMI Up a Tad in April
INDIA'S SERVICES SECTOR began the new financial year on a strong note, with the sector accelerating slightly in April, largely driven by a quicker increase in new order inflows, according to a survey by HSBC Holdings.
1 min
Ola Rejigs Structure to Consolidate Brand IPs
OLA GROUP is reorganising its corporate structure by establishing a holding company to consolidate its brand intellectual property (IP) assets, aiming to streamline internal ownership arrangements.
1 min
Prime homes: Bengaluru 4th globally
BENGALURU, MUMBAI, AND Delhi have been ranked among the top 15 global cities for prime residential price growth in Q1 2025, according to Knight Frank.
1 min
Mid-market is where the game is: Hilton CEO
\"THE MID-MARKET IS where the game really is. It is essential to target the mid-market if Hilton needs to have a network in a country like India,\" said Chris Nassetta, CEO and president, Hilton, on Tuesday.
2 mins
Coforge sees large deals, AI driving growth
MID-CAP IT SERVICES firm Coforge is projecting a strong growth in FY26, buoyed by a steady pipeline of large deals and rising demand for AI-driven solutions.
2 mins
Swiggy Transfers Ownership of Private Label Biz to Kouzina
Swiggy has officially exited the private label business by granting exclusive licensing rights of its in-house, digital-first food brands to food service company Kouzina.
1 min
Aditya Birla's Indriya looks to sparkle with large stores, innovative designs
Opens 22 stores in 10 months, plans to hit 100 by FY26 end
2 mins
Godrej Consumer back in black in Q4
• Clocks profit of ₹412 crore, misses estimates
1 min
SCHOTT Poonawalla: TPG acquires 35% from Serum
GLOBALALTERNATIVE ASSET management firm TPG has acquired a 35% stake in SCHOTT Poonawalla from Serum Institute of India (SII).
1 min
OpenAI row: Panel set up to review copyright law
THE GOVERNMENT HAS set up a panel to review if existing copyright law is sufficient to tackle AI-related disputes, an official memo showed, at a time when OpenAI faces legal challenges stemming from accusations of exploiting copyrighted material.
1 min
HPCL profit rises 26% at ₹3,415 cr
Hindustan Petroleum (HPCL) on Tuesday reported a 26% jump in its consolidated net profit in the March quarter on improved marketing margins.
1 min
KPIT Tech to Buy Caresoft's Engineering Solutions Biz for $191 Million
KPIT Technologies has acquired Caresoft Global's engineering solutions business for $191 million.
1 min
Godrej Consumer Back in Black in Q4
Clocks profit of ₹412 crore, misses estimates
1 min
Dream Sports Inks Pact With Microsoft
The MoU will explore opportunities to publish Microsoft's iconic gaming titles in India, while co-developing AI-powered gaming experiences
1 min
Apple to Make All Phones Here in Years to Come, Says Scindia
Jyotiraditya Scindia on Tuesday said investment in India at present makes economic sense for every original equipment manufacturer, as he cited the example of US smart devices major Apple's decision to source the majority of the iPhones sold in the US from the country.
1 min
Expecting Paytm to turn profitable next quarter: Sharma
FINTECH FIRM ONE97 Communications, owner of the Paytm brand, has reported narrowing of consolidated loss to ₹545 crore for the fourth quarter ended March 31, 2025, following a reduction in payment processing charges and employee benefits.
1 min
RBI's ₹50,000-cr OMO gets bids worth ₹1.32L cr
THE RESERVE BANK of India (RBI) on Tuesday received bids exceeding twice the notified amount from banks in its open market operation (OMO) purchase.
1 min
Retail health to be a key focus area for us
SBI General Insurance more than doubled its net profit to ₹509 crore in FY25.
2 mins
Rupee ends lower on foreign banks' dollar bids
THE RUPEE SLIPPED on Tuesday, tracking mild losses in regional peers and dollar demand from foreign banks, though broader weakness in the greenback limited the fall.
1 min
BoB profit rises 3%, margins decline; stock slumps 10%
BANK OF BARODA on Tuesday reported a 3.3% year-on-year rise in its net profit to ₹5,048 crore for the fourth quarter of the previous financial year, hit by a decline in net interest income.
1 min
Algo trading: NSE lays down norms for retail investors
Boost for Responsible Innovation
2 mins
Sebi mulls separate voluntary delisting of select PSUs
Making It Simple
2 mins
Palestinian Poet Mosab Wins Pulitzer Prize
Big American Award
2 mins
Merz overcomes early defeat to become German chancellor
Friedrich Merz was elected chancellor by parliament on Tuesday in a second round of voting after a humiliating and unprecedented defeat on the first attempt, getting his coalition government off to a weak start.
1 min
Microsoft blocks OpenAI's rejig plan
AFTER MONTHS OF public pressure, OpenAI walked back part of its effort to create a more conventional for-profit company, but its restructuring plans still have not received the blessing of a major stakeholder: Microsoft Corp.
1 min
M&A hits 20-year low after Trump's 'Liberation Day'
BANKERS AND CEOs hit the brakes on mergers and acquisitions after US President Donald Trump launched a global trade war on April 2, with fewer deals getting signed than during the bleakest days of the COVID-19 pandemic and the 2008 global financial crisis.
1 min
Carney meets Trump to mend strained ties
Talks to determine the future of $900-bn trade partnership
1 min
Stress in microfinance
If the business is to remain viable for lenders, law shouldn't hamper them from recovering loans
2 mins
Rethinking the state's role
A landmark ruling on May 2, the Supreme Court of India ordered the liquidation of Bhushan Power and Steel Ltd (BPSL) while disposing of an appeal filed in 2020.
4 mins
Escalating Indo-Pak tensions
The surprise element for cross-border surgical strikes may have passed as Pakistan is fully prepared
3 mins
Campaign celebrates moment after the win
Why the campaign rocks: NIKE's \"WINNING ISN'T Comfortable\" campaign, especially the Stairs film, does something most sports ads don't.
1 min
Rewriting the rules for digital
DISCUSSION AT WAVES 2025, MEDIA VETERAN UDAY SHANKAR CAUTIONED AGAINST APPLYING THE SAME RULES TO FAMILY VIEWING (TV) & PERSONAL VIEWING (OTT). IS IT TIME TO REVISIT REGULATION?
2 mins
Seams of trouble
FAST FASHION'S FUTURE HINGES ON SMART SUPPLY
2 mins
Land prices near Noida airport...
HOWEVER, THE LAND deals transacted thus far account for only 1.5% of the 25,000-plus-acre development pipeline of the Yamuna Expressway Industrial Development Authority (YEIDA).
2 mins
HDFC Capital Advisors pays ₹36L to settle case
HDFC CAPITAL ADVISORS and HDFC Capital Affordable Real Estate Fund-I on Tuesday settled with Sebi a case pertaining to the alleged violation of AIF rules after paying ₹36 lakh towards the settlement amount.
1 min
Bajaj Market Share Dips; Honda Gains
However, the momentum has slowed in the last five months, with domestic volumes dropping 5% since December, driven primarily by weakening motorcycle sales.
1 min
Pharma Stocks Fall on Fresh Tariff Threats
DEEP DECLINE
1 min
NSE PAT falls 31%, BSE's doubles
The National Stock Exchange (NSE), the country's biggest exchange, on Tuesday reported a net profit of ₹2,650 crore for the March quarter, a 31% fall on a quarter-on-quarter basis.
1 min
Ather Energy makes muted market debut
THE MUCH-AWAITED IPO of Ather Energy failed to impress investors, with the company's shares listing at a modest 2% premium over the issue price.
1 min
Gold prices rise nearly 2%, hit two-week high
SHINING BRIGHT
1 min
UNSC seeks de-escalation, asks Pak tough questions
THE UN SECURITY Council discussed rising tensions between India and Pakistan at closed-door consultations, where envoys called for de-escalation and also asked Pakistan \"tough questions\".
1 min
Gaganyaan mission slated for first quarter of 2027: Isro chief
THE LAUNCH OF India's maiden human space flight — Gaganyaan — has been pushed to the first quarter of 2027, nearly five years later than the original schedule as it races to ace technologies for such complex projects.
1 min
Financial Express Pune Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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