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Financial Express Lucknow

Nykaa PAT surges 154% but falls short of estimates

BEAUTY AND FASHION firm FSN E-commerce Ventures, which operates Nykaa, recorded a 154% jump in profit after tax (PAT) to ₹33 crore for the second quarter of FY26 compared with ₹13 crore in the year-ago period.

1 min  |

November 08, 2025

Financial Express Lucknow

Tech glitch delays over 400 flights at Delhi airport

MORE THAN 400 flights at Indira Gandhi International Airport were hit by delays on Friday after a malfunction in the automatic message switching system (AMSS) slowed down air traffic control operations, leading to controllers processing flight plans manually.

1 min  |

November 08, 2025

Financial Express Lucknow

Tira makes make-up market debut

Reliance firm’s foray to enhance competition in growing segment

1 min  |

November 08, 2025

Financial Express Lucknow

Musk's $1-trillion Tesla pay plan wins shareholder nod

THE PROPOSAL WAS APPROVED WITH OVER 75% SUPPORT

1 min  |

November 08, 2025

Financial Express Lucknow

'We plan to disburse around ₹6,000 crore in H2'

Muthoot Microfin’s net profit fell over 50% year-on-year to ₹31 crore in the second quarter, as cautious lending led to lower interest income.

2 min  |

November 08, 2025

Financial Express Lucknow

State Street plans India MF foray through GIFT City JV

US-BASED STATE Street Investment Management, which manages $5 trillion in assets and ranks among the world’s top three index fund managers alongside BlackRock and Vanguard, is planning its first India market foray through a joint venture in GIFT City under the International Financial Services Centres Authority (IFSCA), according to a person aware of the discussions.

1 min  |

November 08, 2025

Financial Express Lucknow

A sports car or a fast sedan

CAN A GOOD-LOOKING, FRONT-WHEEL-DRIVE SEDAN WITH ROOM FOR FIVE PEOPLE AND A HUGE BOOT SPACE QUELL YOUR DESIRE FOR A TWO-DOOR SPORTS CAR?

2 min  |

November 08, 2025

Financial Express Lucknow

FY26 food subsidy hiked by ₹7,000 cr

© Finance, food ministries agree on ₹2.17-lakh-cr outlay for FY27

1 min  |

November 08, 2025

Financial Express Lucknow

Services sector growth at 5-month low in Oct

SUBDUED EXPANSION @ October's index number at 58.9 was marginally lower than 59.3 recorded in August m Competitive pressures and heavy rains were cited as contributors to the sequential slowdown & Despite factors like demand buoyancy and GST relief, competition and heavy rains constrained growth

1 min  |

November 07, 2025

Financial Express Lucknow

AI bubble has sucked in France and Germany, too

IF ARTIFICIAL INTELLIGENCE is indeed a bubble, it’s been inflating a lot of companies in places well beyond the tech-bro heartlands of the US.

3 min  |

November 07, 2025

Financial Express Lucknow

Bankers see Jio valuation at $170 bn ahead of IPO

INVESTMENT BANKERS ARE proposing a valuation of as much as $170 billion for Jio Platforms, according to people familiar with the matter, ahead of what could be a record-breaking initial public offering for Reliance Industries’s wireless carrier.

1 min  |

November 07, 2025

Financial Express Lucknow

'Offline scale, new exam categories are the next growth drivers'

PhysicsWallah, which announced the price band for its upcoming IPO on Thursday, is preparing to widen its presence across offline centres and newer exam categories as it enters its next phase of expansion. It is particularly focused on state board preparation and foundational grades, co-founder Prateek Maheshwari tells Anees Hussain. Excerpts:

1 min  |

November 07, 2025

Financial Express Lucknow

SBI announces IPO of its mutual fund arm

French asset manager Amundi to sell 3.7% stake

2 min  |

November 07, 2025

Financial Express Lucknow

Kokuyo eyes more acquisitions in growth push

Company targets over 3x rise in India revenue in 5 years

2 min  |

November 07, 2025

Financial Express Lucknow

Sebi, RBI in discussions to launch bond derivatives

For the corporate bond market, our way forward will be to make debt instruments more attractive for retail

1 min  |

November 07, 2025

Financial Express Lucknow

PhysicsWallah IPO price band set at ₹103-109 per share

EDTECH MAJOR PHYSICSWALLAH on Thursday announced a price band of ₹103-109 per share for its upcoming initial public offering (IPO).

1 min  |

November 07, 2025

Financial Express Lucknow

SBI to offload 6.3% in MF arm via IPO

STATE BANK OF India(SBI) on Thursday announced plans to take SBI Funds Management (SBIFML)—the biggest fund house with assets under management of %12.05 lakh crore—public through an ini-

1 min  |

November 07, 2025

Financial Express Lucknow

New bank licences key to Viksit Bharat: DFS secy

TO MEETTHE ambitious goals of Viksit Bharat by 2047, India will need more banks and more types of banks, Department of Financial Services Secretary (DFS) M Nagaraju said at the SBI Banking and Economics Conclave on Thursday.

1 min  |

November 07, 2025

Financial Express Lucknow

SBI joins $100-billion m-cap club

STATE BANK OF India (SBI) has entered the $100-billion market capitalisation (m-cap) club, taking the sixth spot in the pecking order.

1 min  |

November 07, 2025

Financial Express Lucknow

P&G Hygiene and Health net falls marginally

PROCTER & GAMBLE Hygiene and Health Care on Thursday reported a marginal decline in its net profit to ₹209.86 crore for the second quarter of FY26 versus ₹211.9 crore reported last year.

1 min  |

November 07, 2025

Financial Express Lucknow

Sebi, RBI mull bond derivatives launch

SPEAKING ATAN economic and banking conclave, the Sebi chief said a nationwide education campaign would be rolled out shortly in consultation with all stakeholders.

1 min  |

November 07, 2025

Financial Express Lucknow

LIC Sept quarter profit rises 32% to ₹10,054 cr

Market share slips below 60% for first time

1 min  |

November 07, 2025

Financial Express Lucknow

Agri-comm firm Arya targets 30% rise in FY26 revenue

AGRI-COMMERCE PLATFORM ARYA.AG aims to boost its net revenue by over 30%, targeting ¥600 crore in the current fiscal year, up from %450 crore in FY25.

1 min  |

November 07, 2025

Financial Express Lucknow

Singtel to sell ₹10,300-cr Airtel stake

To offload 0.8% in Indian telco via block deal today

1 min  |

November 07, 2025

Financial Express Lucknow

Centre plans to retain cap on voting rights for large shareholders in banks

INDIA PLANS TO retain a cap on voting rights for large shareholders in domestic banks, two sources said, signalling that New Delhi’s attempts to liberalise the financial sector and draw more foreign investment will remain limited in scope.

1 min  |

November 07, 2025

Financial Express Lucknow

Apollo Hospitals profit rises 25% to ₹494 cr in Q2

APOLLO HOSPITALS ON Thursday reported a 25% year-on-year rise in consolidated net profit to ₹494 crore for the second quarter. The profit was driven by revenue growth across healthcare, pharmacy and digital health business.

1 min  |

November 07, 2025

Financial Express Lucknow

Why Kerala looked beyond the stats to tackle extreme poverty

The Kerala government has claimed it has eradicated extreme poverty in the state. KJ Joseph, Aswathy Rachel Varughese & Kiran Kumar Kakarlapudi explain the conceptual framing, outcome metrics & the way forward for a state that’s not just fighting poverty, but reframing what it means to be poor

1 min  |

November 07, 2025

Financial Express Lucknow

Nancy Pelosi to retire from Congress after nearly 40 yrs

NANCY PELOSI, THE 85-year-old California Democrat and first woman to serve as US House Speaker, said she'll retire from Congress at the end of her term.

1 min  |

November 07, 2025

Financial Express Lucknow

Phase 1 of Bihar polls: Voter turnout hits record 64.4%

A VOTER TURNOUT of 64.46% was recorded provisionally at the close of polling in 121 seats in the first phase of assembly elections in Bihar on Thursday, Chief Electoral Officer (CEO) Vinod Singh Gunjiyal said.

2 min  |

November 07, 2025

Financial Express Lucknow

Solar module capacity to jump 50% by FY27: Study

INDIA'S SOLAR PHOTOVOLTAIC (PV) module manufacturing capacity is expected to increase to over 165 gigawatt (GW) by March 2027 from around 109 GWat present, according to Icra.

2 min  |

November 07, 2025