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Financial Express Pune

Reliance Power Converts Warrants, Allots ₹348-Cr Shares

RELIANCE POWER HAS allotted 105.5 million equity shares to its promoter company and an investor through conversion of warrants, the company said on Wednesday.

1 min  |

May 08, 2025

Financial Express Pune

PNB Net Profit Surges 52% as Provisions Fall

PUNJAB NATIONAL BANK on Wednesday reported a 51.7% year-on-year jump in its net profit to ₹4,567 crore for the fourth quarter of the previous financial year, helped by a sharp fall in provisions for bad loans and an increase in other income.

1 min  |

May 08, 2025

Financial Express Pune

Win-win for India, UK

FTA's preferential access to one of the most affluent markets a boost for India's high-end merchandise

2 min  |

May 08, 2025

Financial Express Pune

Dalal Street holds its own on volatile day

ELEVEN OF THE 13 major sectors posted gains and the breadth of the market was positive with 2,206 gainers versus 1,683 losers.

1 min  |

May 08, 2025

Financial Express Pune

Tesla's Woes in China Deepen With 6% Fall in April EV Sales

Tesla’s China-made electric vehicle sales fell 6% in April from a year earlier, extending declines for a seventh month, as the U.S. automaker grapples with intense competition from its Chinese rivals and a tarnished image in Europe.

1 min  |

May 08, 2025

Financial Express Pune

Uber Shares Fall as Revenue Miss Clouds

UBER TECHNOLOGIES MISSED quarterly revenue estimates as growth in its ride-hailing unit slowed to its weakest since the pandemic, stirring fears of slowing demand against the backdrop of a murky economic outlook and clouding an upbeat forecast.

1 min  |

May 08, 2025

Financial Express Pune

2.8 MT rice allotted for ethanol blending

With an aim to reduce stockpile, the food ministry has allocated 2.8 million tonne (MT) from the central pool to be supplied to distilleries for ethanol production at a subsidised rate of ₹2,250 per quintal.

1 min  |

May 08, 2025

Financial Express Pune

China's Factories Start to Imagine a World Without American Buyers

FOR MORE THAN 20 years, Chinese entrepreneur Sandy Zeng built a pet products business selling feeding bowls and toys to American homes. He's now looking hard at cats and dogs in other markets.

1 min  |

May 08, 2025

Financial Express Pune

Goyal to meet exporters today

Commerce and Industry minister Piyush Goyal will meet representatives of export promotion councils (EPCs) in New Delhi on Thursday to discuss matters related to the free trade agreement with the UK, an industry official said on Wednesday.

1 min  |

May 08, 2025

Financial Express Pune

Pharma Stocks Fall on Fresh Tariff Threats

DEEP DECLINE

1 min  |

May 07, 2025

Financial Express Pune

Spot Power Prices Down 50% in May

In the spot market declined by as much as 50% during the first five days of May as unseasonal rains, particularly in the North, reduced power demand while sell bids increased substantially, according to data from the Indian Energy Exchange.

1 min  |

May 07, 2025

Financial Express Pune

Prime homes: Bengaluru 4th globally

BENGALURU, MUMBAI, AND Delhi have been ranked among the top 15 global cities for prime residential price growth in Q1 2025, according to Knight Frank.

1 min  |

May 07, 2025

Financial Express Pune

NSE PAT falls 31%, BSE's doubles

The National Stock Exchange (NSE), the country's biggest exchange, on Tuesday reported a net profit of ₹2,650 crore for the March quarter, a 31% fall on a quarter-on-quarter basis.

1 min  |

May 07, 2025

Financial Express Pune

Microsoft blocks OpenAI's rejig plan

AFTER MONTHS OF public pressure, OpenAI walked back part of its effort to create a more conventional for-profit company, but its restructuring plans still have not received the blessing of a major stakeholder: Microsoft Corp.

1 min  |

May 07, 2025

Financial Express Pune

Campaign celebrates moment after the win

Why the campaign rocks: NIKE's \"WINNING ISN'T Comfortable\" campaign, especially the Stairs film, does something most sports ads don't.

1 min  |

May 07, 2025

Financial Express Pune

Coforge sees large deals, AI driving growth

MID-CAP IT SERVICES firm Coforge is projecting a strong growth in FY26, buoyed by a steady pipeline of large deals and rising demand for AI-driven solutions.

2 min  |

May 07, 2025

Financial Express Pune

Stress in microfinance

If the business is to remain viable for lenders, law shouldn't hamper them from recovering loans

2 min  |

May 07, 2025

Financial Express Pune

Services PMI Up a Tad in April

INDIA'S SERVICES SECTOR began the new financial year on a strong note, with the sector accelerating slightly in April, largely driven by a quicker increase in new order inflows, according to a survey by HSBC Holdings.

1 min  |

May 07, 2025

Financial Express Pune

RBI's ₹50,000-cr OMO gets bids worth ₹1.32L cr

THE RESERVE BANK of India (RBI) on Tuesday received bids exceeding twice the notified amount from banks in its open market operation (OMO) purchase.

1 min  |

May 07, 2025

Financial Express Pune

Godrej Consumer Back in Black in Q4

Clocks profit of ₹412 crore, misses estimates

1 min  |

May 07, 2025

Financial Express Pune

Carney meets Trump to mend strained ties

Talks to determine the future of $900-bn trade partnership

1 min  |

May 07, 2025

Financial Express Pune

Seams of trouble

FAST FASHION'S FUTURE HINGES ON SMART SUPPLY

2 min  |

May 07, 2025

Financial Express Pune

SCHOTT Poonawalla: TPG acquires 35% from Serum

GLOBALALTERNATIVE ASSET management firm TPG has acquired a 35% stake in SCHOTT Poonawalla from Serum Institute of India (SII).

1 min  |

May 07, 2025

Financial Express Pune

Ola Rejigs Structure to Consolidate Brand IPs

OLA GROUP is reorganising its corporate structure by establishing a holding company to consolidate its brand intellectual property (IP) assets, aiming to streamline internal ownership arrangements.

1 min  |

May 07, 2025

Financial Express Pune

ONDC: High shipping fees hit FPOs' sales

• India Post yet to offer its services

1 min  |

May 07, 2025

Financial Express Pune

Expecting Paytm to turn profitable next quarter: Sharma

FINTECH FIRM ONE97 Communications, owner of the Paytm brand, has reported narrowing of consolidated loss to ₹545 crore for the fourth quarter ended March 31, 2025, following a reduction in payment processing charges and employee benefits.

1 min  |

May 07, 2025

Financial Express Pune

Rewriting the rules for digital

DISCUSSION AT WAVES 2025, MEDIA VETERAN UDAY SHANKAR CAUTIONED AGAINST APPLYING THE SAME RULES TO FAMILY VIEWING (TV) & PERSONAL VIEWING (OTT). IS IT TIME TO REVISIT REGULATION?

2 min  |

May 07, 2025

Financial Express Pune

Moody's Cuts India's Growth Estimate to 6.3% for 2025

GLOBAL RATING AGENCY Moody's on Tuesday lowered India's GDP estimates to 6.3% from 6.5% for 2025, citing a global economic slowdown caused by heightened US policy uncertainty and trade restrictions.

1 min  |

May 07, 2025

Financial Express Pune

Bajaj Market Share Dips; Honda Gains

However, the momentum has slowed in the last five months, with domestic volumes dropping 5% since December, driven primarily by weakening motorcycle sales.

1 min  |

May 07, 2025

Financial Express Pune

Escalating Indo-Pak tensions

The surprise element for cross-border surgical strikes may have passed as Pakistan is fully prepared

3 min  |

May 07, 2025
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