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Financial Express Lucknow

HDFC Bank mulls first-ever bonus issue; special dividend

HDFC BANK ON Wednesday said its board in its meeting on July 19 will decide on issuing bonus shares, its first-ever, and a special interim dividend.

1 min  |

July 17, 2025

Financial Express Lucknow

Crisil: Thermal sector to get ₹2.3-lakh-cr investments

INVESTMENTS IN THERMAL power capacities are expected to double to ₹2.3 lakh crore in the next three years compared to the preceding three years, Crisil Ratings said on Wednesday.

1 min  |

July 17, 2025

Financial Express Lucknow

India now fourth preferred market in Asia: BofA survey

THE INDIAN EQUITY market is now the fourth-most preferred market in Asia, with Taiwan and South Korea benefiting from the resurgent semiconductor cycle, BofA Securities' latest Asia Fund Manager Survey noted on country allocations.

1 min  |

July 17, 2025

Financial Express Lucknow

SBI to raise ₹45,000 cr via equity, debt issues in FY26

Capital Boost

1 min  |

July 17, 2025

Financial Express Lucknow

Morgan Stanley slips post earnings

MORGAN STANLEY'S PROFIT beat Wall Street estimates in the Q2 as its traders cashed in on volatile markets, but shares fell since the market opening as its investment banking revenue shrank.

1 min  |

July 17, 2025

Financial Express Lucknow

ArcelorMittal Commissions Galvanising Line at Hazira

ArcelorMittal Nippon Steel India (AM/NS India) has commissioned a new continuous galvanising line (CGL) at its flagship Hazira facility in Gujarat, the company said in a statement on Wednesday.

1 min  |

July 17, 2025

Financial Express Lucknow

AI crash: AAIB report holds back key details, raises more questions

A PRELIMINARY INVESTIGATION report into an aircraft accident is generally just that: an initial status report that details the circumstances of the crash and presents bare facts known in the early stage of the probe.

2 min  |

July 17, 2025

Financial Express Lucknow

Preventive care is the new normal

Apollo Hospitals is undertaking a major expansion across India, with plans to add over 4,300 beds and invest ₹8,000 crore over the next few years.

1 min  |

July 17, 2025

Financial Express Lucknow

Trump says he's not planning to fire Fed's Jerome Powell

US PRESIDENT DONALD Trump said on Wednesday he is not planning to fire Federal Reserve Chair Jerome Powell, after a Bloomberg report that the president is likely to do so soon sparked a drop in stocks and the dollar, and a rise in Treasury yields.

1 min  |

July 17, 2025

Financial Express Lucknow

Wipro flags overhang of uncertainty in demand

US Tariff Headwinds To Also Impact Sentiment, Says IT Firm

1 min  |

July 17, 2025

Financial Express Lucknow

FTA Discussions With Peru, Chile To Resume In August

INDIA WILL HOLD the next round of negotiations of Free Trade Agreements (FTAs) with Chile and Peru in August, an official said on Wednesday.

1 min  |

July 17, 2025

Financial Express Lucknow

Tesla to Launch Six-Seater Model YL in China This Fall

TESLA IS PREPARING to launch a longer, six-seat version of its Model Y sport utility vehicle in China, where the carmaker has been losing ground to domestic manufacturers with fresher lineups.

1 min  |

July 17, 2025

Financial Express Lucknow

10 AMCs line up long-short equity funds

At least 10 Indian and foreign asset managers plan to launch higher-risk, long-short equity funds to wealthier investors after the regulator approved the strategy earlier this year, according to executives at these firms and public filings.

1 min  |

July 17, 2025

Financial Express Lucknow

Can India Transform Its Battery Waste?

India must prioritize govt support with stringent enforcement of extended producer responsibility frameworks and PLI schemes for recycling

3 min  |

July 17, 2025

Financial Express Lucknow

Jio likely to see 2.5-3.4% revenue growth in Q1

ARPU Likely At ₹210

1 min  |

July 17, 2025

Financial Express Lucknow

Bonds Move in Narrow Range on Lack of Cues

GOVERNMENT BONDS MOVED in a narrow range on Wednesday, as traders refrained from taking positions in the absence of fresh domestic triggers, while lower US Treasuries soured the sentiment.

1 min  |

July 17, 2025

Financial Express Lucknow

NTPC obtains nod to invest ₹20,000 cr in green energy

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday granted enhanced functional autonomy to state-run NTPC by allowing it to invest up to ₹20,000 crore in green energy without any separate government approval.

1 min  |

July 17, 2025

Financial Express Lucknow

UIDAI Deactivates 11.7 Million Aadhaar IDs of Deceased

The UIDAI has started deactivating Aadhaar cards of deceased persons to prevent misuse of their identity proof, and has disabled over 1.17 crore such unique 12-digit numbers till date, an official statement said on Wednesday.

1 min  |

July 17, 2025

Financial Express Lucknow

Embassy REIT to raise ₹2,000 cr via bond sale

EMBASSY OFFICE PARKS REIT is in talks with bankers to raise ₹2,000 crore via issuance of five-year corporate bonds, three sources aware of the matter said on Wednesday.

1 min  |

July 17, 2025

Financial Express Lucknow

Symbolic entry

Unlike Apple, Tesla's India debut is a half-hearted one, partly due to a cumbersome EV policy

2 min  |

July 17, 2025

Financial Express Lucknow

MFs' Cash Holding in June Falls for Second Month

Judicious Deployment

2 min  |

July 17, 2025

Financial Express Lucknow

Shareholder voice fails to echo...

\"In India, promoters in many companies have 51% ownership or above, which often tilts the scale in their favour during the voting process,\" Amit Tandon, founder and MD, IiAS, said.

2 min  |

July 17, 2025

Financial Express Lucknow

Goldman's profit tops estimates

GOLDMAN SACHS' Q2 profit exceeded Wall Street expectations, as turbulent markets raised revenue in its equities division to a record, and a pickup in dealmaking boosted investment banking.

1 min  |

July 17, 2025

Financial Express Lucknow

Crude Palm Oil Output May See Quantum Jump

The government is aiming to increase domestic crude palm oil (CPO) production from the current level of 0.35 million tonnes (MT) to 2.3 MT by 2029 under the National Oil Palm Mission.

1 min  |

July 17, 2025

Financial Express Lucknow

Sebi Mulls Mandating AMCs to Use Domestic Bullion Spot Prices

The Securities & Exchange Board of India (Sebi) is considering a review of the valuation methodology for physical gold and silver held by mutual funds through exchange-traded funds (ETFs) to ensure greater consistency and better alignment with prevailing domestic market prices.

1 min  |

July 17, 2025

Financial Express Lucknow

Bank of America profit beats estimates

BANK OF AMERICA, beat estimates for Q2 profit on Wednesday, driven by tumultuous markets that helped its traders bring in more revenue, while its interest income also rose.

1 min  |

July 17, 2025

Financial Express Lucknow

Putin Unfazed by Trump, Presses On in Ukraine

PRESIDENT VLADIMIR PUTIN intends to keep fighting in Ukraine until the West engages on his terms for peace, unfazed by Donald Trump's threats of tougher sanctions, and his territorial demands may widen as Russian forces advance, three sources close to the Kremlin said.

1 min  |

July 17, 2025

Financial Express Lucknow

Safeguard duty boosts pricing power of Indian steel makers

US tariffs don't hit units as local demand is buoyant

3 min  |

July 17, 2025

Financial Express Lucknow

ITC Hotels Q1 profit rises 53%

Robust Quarter

1 min  |

July 17, 2025

Financial Express Lucknow

LTTS Profit Marginally Up

L&T Technology Services (LTTS) on Wednesday reported a marginal increase of 0.66% in consolidated net profit to ₹315.7 crore in the April-June quarter.

1 min  |

July 17, 2025