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Financial Express Pune

Former CBDT chief Gupta becomes NFRA boss

THE GOVERNMENT HAS appointed Nitin Gupta, former chairman of CBDT, as the chairperson of the National Financial Reporting Authority (NFRA).

1 min  |

July 18, 2025

Financial Express Pune

Volvo's profit beats estimates

SWEDISH TRUCKMAKER VOLVO reported better than expected quarterly earnings on Thursday, sending its shares 3% higher in early trading, as signs of recovery in Europe helped it offset sluggish demand in North America.

1 min  |

July 18, 2025

Financial Express Pune

Tariff risk nudged firms close to default: Moody's

The number of companies at the greatest risk of defaulting are at an 11-month high, as uncertainty around US trade and tariffs worsened credit conditions, according to a Moody's Ratings report.

2 min  |

July 18, 2025

Financial Express Pune

KKR: India a compelling investment destination, a bright spot globally

LONG-TERM SUCCESS STORY

1 min  |

July 18, 2025

Financial Express Pune

Aramco tie-ups...

SAUDIARAB HAS been a reliable and stable oil supplier for India, even though its share in India's total oil imports has come down to around 14% from 20% due to a rise in imports from Russia in the last couple of years.

1 min  |

July 18, 2025

Financial Express Pune

Bullion prices fall on global cues

GOLD PRICES FELL by ₹200 to ₹98,670 per 10 gram on Thursday due to unabated selling by stockists amid subdued demand trend in the overseas markets.

1 min  |

July 18, 2025

Financial Express Pune

Adani to exit Wilmar JV

Long Association to End

2 min  |

July 18, 2025

Financial Express Pune

Too early for conclusions, says AAIB, urges restraint

IN THE WAKE of mounting international speculation over the cause of the Air India flight 171 crash, the Aircraft Accident Investigation Bureau (AAIB) on Thursday issued a statement, urging media and the public to refrain from drawing premature conclusions while the investigation remains ongoing.

1 min  |

July 18, 2025

Financial Express Pune

Insurers Leveraging Lender Distribution, Says Keki Mistry

INSURANCE COMPANIES ARE increasingly leveraging the wide distribution networks of banks and microfinance lenders to offer insurance solutions in underpenetrated Tier II and III cities, HDFC Life Insurance chairman Keki Mistry said at the 25th annual general meeting.

1 min  |

July 18, 2025

Financial Express Pune

Railways Misses the Train on High-Value Freight

E-commerce, automobiles, FMCG potential growth drivers

1 min  |

July 18, 2025

Financial Express Pune

Vedanta's HZL brand fee deal under Viceroy cloud

Under Fire

1 min  |

July 18, 2025

Financial Express Pune

Regulatory Push for Food Safety

WITH STRUCTURAL SHORTAGES unlikely to ease quickly, platforms are starting to invest in long-term solutions.

1 min  |

July 18, 2025

Financial Express Pune

HNIs Investing More in Unlisted Securities

HIGH NET WORTH individuals (HNIs) and ultra HNIs are now allocating more wealth to unlisted stocks, according to Sailesh Balachandran, founder and joint-CEO, and Maneesh Kapoor, founder, and joint-CEO, TriGen Wealth, a subsidiary of NSE-listed Prime Securities.

1 min  |

July 18, 2025

Financial Express Pune

Beauty tips from Mexico

L'OREAL WOULD BE HOPING THAT THE NEW INDIA HEAD IS ABLE TO REPLICATE THE SUCCESS THAT THE MEXICAN OPERATIONS ACHIEVED UNDER HIS STEWARDSHIP

3 min  |

July 18, 2025

Financial Express Pune

Wipro Rides on Americas Biz to Top Estimates in Q1

INDIA'S FOURTH-LARGEST IT firm, Wipro, managed to beat both revenue and profit estimates in Q1, even as it continues to flag demand uncertainty due to geopolitical uncertainties and tariff-related headwinds.

2 min  |

July 18, 2025

Financial Express Pune

Couche-Tard scraps $46-bn bid for Seven & i

CANADA'S ALIMENTATION COUCHE-TARD on Thursday pulled its $46 billion bid to buy Seven & i Holdings, saying the retailer refused to engage constructively on the deal, which would have been Japan's largest ever foreign buyout.

1 min  |

July 18, 2025

Financial Express Pune

India needs to invest $1.5 trillion for climate action: Deloitte

India would require around $1.5 trillion investment by 2030 across key areas to address the climate challenge at scale, according to Deloitte India's latest report.

2 min  |

July 18, 2025

Financial Express Pune

SBI Gets 4x Bids for Country's Largest QIP

Allotment likely to be completed in next 2-3 days

1 min  |

July 18, 2025

Financial Express Pune

TSMC Posts 60% Jump in Q2 Profit

TSMC, the world's main producer of advanced AI chips, posted record, forecast-beating quarterly profit on Thursday but warned that future income might be hit by US tariffs, though perhaps not until the fourth quarter.

1 min  |

July 18, 2025

Financial Express Pune

Sebi aims to deepen cash equities market

ANANTH NARAYAN, a whole-time member at Securities and Exchange Board of India (Sebi), on Thursday expressed concerns about short-term derivative products, saying they detract from capital formation, while stressing the need to boost cash equities trading.

2 min  |

July 18, 2025

Financial Express Pune

L&T chairman remuneration jumps 50% to ₹76.25 cr

The remuneration of Larsen & Toubro chairman S N Subrahmanyan, who came into the spotlight months ago for endorsing a 90-hour work week, increased by almost 50% to ₹76.25 crore in FY25 over FY24.

1 min  |

July 18, 2025

Financial Express Pune

Is Trump Becoming a Part of the Furniture?

The Dow's volatility has not come down materially since Trump's tariff announcement, but as he begins to be seen as part of the background we could see further declines

3 min  |

July 18, 2025

Financial Express Pune

Britain to Lower Voting Age to 16 Before Next Polls

The UK Government on Thursday announced that it will lower the voting age from 18 to 16 years in time for the next general election expected in 2029, a manifesto commitment made by the Labour Party when it was voted last year.

1 min  |

July 18, 2025

Financial Express Pune

Asean FTA blues

India must ensure that this deal works to its advantage at the 10th review meeting

2 min  |

July 18, 2025

Financial Express Pune

DLF plans foray into Mumbai luxury market

DLF, INDIA'S LARGEST listed real estate developer, is considering entering Mumbai's super-premium and ultra-luxury residential segments following its maiden premium project in the city.

1 min  |

July 18, 2025

Financial Express Pune

LTIMindtree Q1 profit up 10.6% to ₹1,254 crore

TECHNOLOGY CONSULTING AND digital solutions company LTIMindtree on Thursday reported a 10.6% surge in consolidated net profit to ₹1,254.1 crore in the June quarter.

1 min  |

July 18, 2025

Financial Express Pune

Citi downgrades India, sees upside in Chinese stocks

CITIGROUP STRATEGISTS HAVE upgraded their allocation views for Chinese and South Korean equities to \"overweight,\" citing expectations of improving earnings even as tariff risks remain.

1 min  |

July 18, 2025

Financial Express Pune

HDFC AMC Q1 profit jumps 24% to ₹748 cr

HDFC ASSET MANAGEMENT Company (AMC) on Thursday reported a 24% jump in its profit after tax at ₹748 crore for the three months ended June, compared with ₹604 crore in the year-ago period.

1 min  |

July 18, 2025

Financial Express Pune

Axis Bank profit falls 4% as provisions, NPAs grow

AXIS BANK ON Thursday reported a fall of 4% in its net profit for the quarter ended June to ₹5,806 crore, missing analysts' estimates.

2 min  |

July 18, 2025

Financial Express Pune

Fino keen on SFB licence for growth

WITH OVER 14 million customers and a merchant network spanning 95% of India's districts, Fino Payments Bank (Fino Bank) is hoping it will receive a licence for a small finance bank (SFB) that will allow it to lend.

1 min  |

July 18, 2025
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