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Financial Express Pune

Urban Company Back in Black in FY25; Tax Gain Boosts Bottom Line

Urban Company has turned profitable in FY25, posting a consolidated net profit of ₹239.8 crore compared to a loss of ₹93 crore in the previous year.

2 min  |

June 19, 2025

Financial Express Pune

CEO Jassy says AI will reduce Amazon's corporate ranks

AMAZON CEO ANDY Jassy says he expects the company's workforce to decline in the next few years as the retail and cloud-computing giant uses artificial intelligence to handle more tasks.

1 min  |

June 19, 2025

Financial Express Pune

Govt to Shortly Notify Rules for Use of IST

THE GOVERNMENT HAS decided to make mandatory the use of Indian Standard Time for all legal, commercial, digital and administrative activities, Food and Consumer Affairs Minister Pralhad Joshi said on Wednesday.

1 min  |

June 19, 2025

Financial Express Pune

Wipro arm to buy stake in French firm

ENGINEERING AND MANUFACTURING solutions provider Wipro Infrastructure Engineering (WIN) on Wednesday said it will acquire a majority stake in French aircraft parts manufacturer Lauak Group.

1 min  |

June 19, 2025

Financial Express Pune

Dabur enters nutraceutical category

DABUR INDIA ON Wednesday launched a new supplement brand 'Siens', announcing its entry into the nutraceutical category.

1 min  |

June 19, 2025

Financial Express Pune

Lenskart Close to $1 Billion IPO Filing

SOFTBANK GROUP-BACKED Lenskart Solutions, India's largest eyewear maker, is preparing to file preliminary documents in the coming weeks for an initial public offering that may fetch about $1 billion, according to people familiar with the matter.

1 min  |

June 18, 2025

Financial Express Pune

Iranians Try to Flee Tehran

Residents of Iran's capital were seen leaving the city and shops and the historic Grand Bazaar were closed Tuesday—the fifth day of the intensifying conflict started by Israel—hours after US President Donald Trump urged the immediate evacuation of Tehran in an ominous social media post.

1 min  |

June 18, 2025

Financial Express Pune

110 Indian students moved out of Tehran for safety reasons

ANTICIPATING A MILITARY escalation by Israel on Iran, India on Tuesday asked its nationals to leave Tehran.

1 min  |

June 18, 2025

Financial Express Pune

India a digital powerhouse: Google country head

SWIFT EXPANSION OF India's digital economy has cemented the country's status as a \"powerhouse\", Google India's country manager and vice president Preeti Lobana said, emphasizing that a razor-sharp focus on trust and security are key to sustaining the momentum in the AI era.

2 min  |

June 18, 2025

Financial Express Pune

Will emphasise priorities of Global South: PM at G7

PRIME MINISTER NARENDRA Modi is likely to meet German Chancellor Friedrich Merz, Italian Prime Minister Giorgia Meloni, Ukrainian President Volodymyr Zelenskyy and the host, Canadian Prime Minister Mark Carney, in Kananaskis where he will also address the G7 leaders' outreach session.

1 min  |

June 18, 2025

Financial Express Pune

NSE F&O expiry on Tuesday...

SHRIRAM KRISHNAN, CHIEF business development officer at NSE told a TV channel, \"In the overall interest of the ecosystem, we had sought feedback, and it was in favour of Monday expiry, but Sebi requested us to keep that on hold. So, Tuesday was the next best option.\" He added that in terms of market share, the increase will be significant. \"In the last many weeks our expiry day has 90-95% market share of total premium, even one and two days before we see similar market share,\" he said.

1 min  |

June 18, 2025

Financial Express Pune

Bharat Forge, French Firm to Make AAROK UAVs

BHARAT FORGE AND French firm Turgis Gaillard have signed a memorandum of understanding (MoU) to provide the AAROK UAV (unmanned aerial vehicle) to the ministry of defence.

1 min  |

June 18, 2025

Financial Express Pune

Cutting out the hammer swing, one insight at a time

Why the campaign rocks: Every once in a while, a campaign does more than market a product — it shakes up the way people think. One such memorable ad for me is \"Kam Insurance Lene Ki Bimaari\" by Aegon Religare, brought to life by the inimitable Irrfan Khan.

1 min  |

June 18, 2025

Financial Express Pune

Vishal Mega Mart promoters cut stake in ₹10,220-cr deal

PROMOTERS OF VALUE retailer Vishal Mega Mart on Tuesday offloaded 900 million shares, or nearly 20% stake, in the company in a ₹10,220-crore block deal.

1 min  |

June 18, 2025

Financial Express Pune

Fund infusion: Zee promoters may tap state govt recoveries

PROMOTERS OF ZEE Entertainment may tap into recoveries from creditors as it builds its war chest for the ₹2,237-crore fund infusion into the firm, sector analysts said.

1 min  |

June 18, 2025

Financial Express Pune

Manufacturing: Salesforce CEO says AI robots next wave

WHILE THE ADOPTION of artificial intelligence (AI) has been relatively slower in the manufacturing sector, the next big thing in the space is likely to be the collaboration between the technology and robotics, Arundhati Bhattacharya, president and CEO at Salesforce-South Asia, said on Tuesday.

1 min  |

June 18, 2025

Financial Express Pune

Govt allows export of pharma grade sugar

The government on Tuesday permitted the export of pharma grade sugar of up to 25,000 metric tonnes (MT) in a financial year.

1 min  |

June 18, 2025

Financial Express Pune

Govt to repeal British-era Explosives Act

THE GOVERNMENT HAS set the ball rolling for the repeal of the existing Explosives Act of 1884 and replace it with a new law that will be in sync with the current requirements.

1 min  |

June 18, 2025

Financial Express Pune

Slow but steady

How WhatsApp Is Quietly Replacing CRMs in India

2 min  |

June 18, 2025

Financial Express Pune

Brokers flag retail F&O losses, urge Sebi action

Small Investors Lose Big

2 min  |

June 18, 2025

Financial Express Pune

Maruti Suzuki to dispatch 35% of vehicles through railways by FY31

MARUTI SUZUKI INDIA (MSIL) is expected to ramp up its dispatches through railways to 35% by FY31, up from 24% in last fiscal and significantly higher than 5% in FY15, said managing director and CEO Hisashi Takeuchi.

1 min  |

June 18, 2025

Financial Express Pune

Ola Brings Nil Commission; Drivers to Get Full Fare

RIDE-HAILING PLATFORM Ola on Tuesday said it has implemented a 0% commission model nationwide, enabling over a million driver partners to fully retain their fare earnings with no ride or income limits.

1 min  |

June 18, 2025

Financial Express Pune

Pharma stocks tumble

SHARES OF PHARMACEUTICAL firms faced selling pressure on Tuesday as investors turned cautious amid reports of possible US tariffs on pharma imports.

1 min  |

June 18, 2025

Financial Express Pune

NBFCs bank on surplus liquidity for credit push

THE BUSINESS ENVIRONMENT is set to turn favourable for non-banking financial companies (NBFCs), thanks to two recent developments.

2 min  |

June 18, 2025

Financial Express Pune

Bajaj Unveils New Model of e-Chetak

BAJAJ AUTO HAS launched the Chetak 3001 electric scooter at a price of ₹99,990.

1 min  |

June 18, 2025

Financial Express Pune

Construction of Highways to Decline by 7-10% in FY26

SLOWER PROJECT AWARDING and challenges in project execution are expected to drag down the pace of highway construction in the current financial year by 7-10% on-year to 9,500-10,200 km, according to a report.

1 min  |

June 18, 2025

Financial Express Pune

Air India forced to cancel nine flights in two days

Cancellations come amid safety checks, glitches

2 min  |

June 18, 2025

Financial Express Pune

Rupee slides 18 paise to 86.24, hits 2-month low

West Asia crisis keeps investors on tenterhooks

1 min  |

June 18, 2025

Financial Express Pune

DGCA Finds No Lapses

The meeting which was chaired by the director general of civil aviation, Fazi Ahmed Kidwai, was attended by Air India managing director and CEO Campbell Wilson, director of flight operations captain Pankul Mathur and Air India Express CEO Aloke Singh, alongside other senior officials responsible for operational and safety compliance across both airlines.

1 min  |

June 18, 2025

Financial Express Pune

Making every decimal earn...

THE TURNING POINT for Daga came when he helped organise and analyse data for the first cross-functional conference of the Aditya Birla Group, which was then made up of fiercely independent verticals.

1 min  |

June 18, 2025
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