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Financial Express Pune

'India essential for us...want to build a $50-bn company here'

Global technology investor Prosus, which has backed Indian startups such as Swiggy, PayU, Meesho, and Byju's, is doubling down on its commitment to the country even as other major global funds recalibrate their exposure.

3 min  |

May 23, 2025

Financial Express Pune

Finished steel imports fall 11.3% in Apr

INDIA'S FINISHED STEEL imports fell 11.3% year-on-year in April to 0.5 million tonne following a decline in shipments from China and Japan, according to provisional government data reviewed by Reuters on Thursday.

1 min  |

May 23, 2025

Financial Express Pune

Reliance Defence, German arms maker tie up

ANIL AMBANI'S RELIANCE Defence has signed an agreement with German arms manufacturer Rheinmetall AG for the supply of ammunition such as artillery shells and explosives from a new facility to be set up in Maharashtra.

1 min  |

May 23, 2025

Financial Express Pune

RBI Bulletin Blames High Gold Prices for Rising Core Inflation

Weather anomalies behind sharp volatility in vegetable prices

2 min  |

May 23, 2025

Financial Express Pune

Sindoor runs in my veins, says PM

PRIME MINISTER NARENDRA Modi said on Thursday that the Indian armed forces made Pakistan kneel during Operation Sindoor and that the world and enemies of the country have now seen what happens when \"sindoor (vermilion) turns to gunpowder\", adding that garam sindoor runs through his veins now.

2 min  |

May 23, 2025

Financial Express Pune

Crypto crime is the future. Bank heists are history

WITH BITCOIN REACHING a new record, it shows more investors are getting swept up in the dream of \"being their own bank\" via tokens that can be transferred instantly and anonymously outside the traditional financial system.

2 min  |

May 23, 2025

Financial Express Pune

Adani Group Ebitda in FY25 at record ₹90K cr

ADANI GROUP'S PORTFOLIO companies posted their highest-ever pre-tax profit (Ebitda) of about ₹90,000 crore in the fiscal year ended March 31 and had a cash balance to cover 21 months of debt servicing, the ports-to-energy conglomerate said on Thursday.

1 min  |

May 23, 2025

Financial Express Pune

Sun Pharma profit declines 19% in Q4

SUN PHARMACEUTICAL, INDIA'S largest drugmaker by revenue, reported a bigger adjusted quarterly profit on Thursday, driven by strong domestic demand for its drugs to treat rare diseases.

1 min  |

May 23, 2025

Financial Express Pune

Bajaj plans ₹7,765-cr deal for KTM takeover

KTM AND ITS subsidiaries, KTM Components GmbH and KTM F&E GmbH, initiated a self-administrative restructuring process in November 2024, following escalating debt issues and operational challenges.

1 min  |

May 23, 2025

Financial Express Pune

I-bankers: Tata Sons confident of deregistering as NBFC-UL

Not Keen On Getting Listed

2 min  |

May 23, 2025

Financial Express Pune

Tata Motors Plans Another Affordable EV

TATA MOTORS is planning to roll out another affordable electric vehicle model, as its competitors focus on mid and premium segments.

1 min  |

May 23, 2025

Financial Express Pune

Grasim secures cheapest rupee bond deal in 5 yrs

GRASIM INDUSTRIES HAS secured its lowest-cost local-currency bond since June 2020, a sign that interest rate cuts and recent cash infusions by the Reserve Bank of India are benefitting companies.

1 min  |

May 23, 2025

Financial Express Pune

InMobi's AI-curated shopping platform goes live globally

INMOBI SUBSIDIARY GLANCE, which provides lockscreen engagement and monetisation solutions, launched an AI-based commerce platform in 140 countries on Thursday to provide its users personalised shopping recommendations based on their preferences and occasions.

1 min  |

May 23, 2025

Financial Express Pune

US fiscal woes rattle investors

GLOBAL WORRIES DAMPEN SPIRIT

2 min  |

May 23, 2025

Financial Express Pune

2 Israel embassy staffers shot dead in Washington

TWO ISRAELI EMBASSY staffers were killed by a lone gunman in Washington, DC, while leaving an event outside the Capital Jewish Museum on Wednesday night, and the suspect chanted \"Free Palestine\" after he was taken into custody, officials said.

1 min  |

May 23, 2025

Financial Express Pune

Advance tipping: Ola, Rapido face CCPA probe

CONSUMER PROTECTION WATCHDOG CCPA is investigating ride-hailing platforms such as Ola Cabs and Rapido to ascertain if they are indulging in the unfair trade practice of \"advance tipping\".

1 min  |

May 23, 2025

Financial Express Pune

Britain migration halves in 2024 after visa rule changes

HISTORIC DROP Labour's efforts to \"smash the gangs\" are showing little effect

2 min  |

May 23, 2025

Financial Express Pune

Tech will conquer you if you don't

WITH THE ADVERTISING industry, especially the creative function, facing its toughest threats from tech giants like Google and Meta, as well as the looming challenge of AI, an issue of major concern on and off the Goafest stage, was that the whole business of advertising might be teetering on the edge.

1 min  |

May 23, 2025

Financial Express Pune

Diamond Jewellery Demand to Double by 2030: De Beers

DIAMOND COMPANY DE Beers is expecting diamond jewellery consumption to double in India by 2030, its chief executive Al Cook has said.

1 min  |

May 23, 2025

Financial Express Pune

In 2-3 years, India will be our third-largest market

Marriott on Thursday became the first international hotel chain to launch a brand in India.

2 min  |

May 23, 2025

Financial Express Pune

Exports of processed food products surge 15% in Apr

INDIA'S EXPORT OF agricultural and processed food products have commenced on a brisk note in the current fiscal with the shipments rising by over 15% on-year to $2.13 billion in April 2025.

1 min  |

May 23, 2025

Financial Express Pune

BYD Sells More EVs in Europe Than Tesla for First Time

CHINESE AUTOMAKER BYD sold more electric vehicles in Europe than Tesla for the first time, according to a report by JATO Dynamics, as an aging model lineup and CEO Elon Musk's politics hurt demand for the US EV maker's cars.

1 min  |

May 23, 2025

Financial Express Pune

Booming services fire up private sector business growth in May

PRIVATE SECTOR GROWTH in India moved up a gear during May, most pronounced in a year, boosted by an acceleration in the service economy, according to a survey by HSBC Holdings.

1 min  |

May 23, 2025

Financial Express Pune

Method minus the noise

SINCE TAKING CHARGE OF MYNTRA IN 2022, CEO NANDITA SINHA HAS TURNED THE FIRM HEMORRHAGING HUGE LOSSES INTO A PROFIT-MAKING PLATFORM

3 min  |

May 23, 2025

Financial Express Pune

Prioritise minerals as strategic shield

The capacity to domestically source and process key strategic minerals like aluminium will define pace & credibility of Aatmanirbhar Bharat vision in defence

3 min  |

May 23, 2025

Financial Express Pune

Bitcoin surges past $111,000 mark

WAVE OF OPTIMISM

1 min  |

May 23, 2025

Financial Express Pune

ONGC Videsh to commission LNG project in Mozambique by 2028

Force majeure clause to be removed soon

1 min  |

May 23, 2025

Financial Express Pune

CBI Files Chargesheet Against J&K Ex-Governor Satyapal Malik

The CBI has filed a chargesheet against former Jammu and Kashmir governor Satyapal Malik and seven others in connection with alleged corruption in the award of ₹2,200-crore civil works for Kiru hydropower project, officials said on Thursday.

1 min  |

May 23, 2025

Financial Express Pune

High cost of fast fashion

ON A SULTRY Delhi morning, 27-year-old Tashi realised she had nothing light or breezy to wear to her cousin's haldi ceremony to be hosted on the other side of town.

3 min  |

May 23, 2025

Financial Express Pune

Govt mulls measures to boost MSP procurement of chana

WITH A SLUGGISH pace in the procurement of chana this season, the government is considering measures to boost the purchases.

1 min  |

May 23, 2025
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