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Financial Express Pune

Shell, Reliance & ONGC Complete Tapti Project Exit

India's first offshore decommissioning

1 min  |

May 06, 2025

Financial Express Pune

TCS Cuts Variable Pay for Third Straight Quarter

TATA CONSULTANCY SERVICES (TCS) has cut the variable pay of its senior employees for the January-March quarter, according to a Moneycontrol report.

1 min  |

May 06, 2025

Financial Express Pune

₹6K-cr bonds: MTNL fails to pay interest

DEBT-RIDDEN STATE-OWNED telecom operator MTNL has failed to make interest payments of sovereign guarantee-backed ₹6,100-crore bonds as per stipulated norms, the company said in a regulatory filing.

1 min  |

May 06, 2025

Financial Express Pune

Govt to Procure 0.5 MT of Tur, Highest in 5 Yrs

THE GOVERNMENT HAS purchased over 0.47 million tonne (MT) of tur, a premium pulses variety, at the minimum support price (MSP) in the 2024-25 kharif season so far in key growing states such as Maharashtra, Gujarat, Andhra Pradesh and Telangana.

1 min  |

May 06, 2025

Financial Express Pune

October rollout likely for western freight corridor

THE DEDICATED FREIGHT Corridor Corporation of India (DFCCIL) is expected to complete the last leg of western dedicated freight corridor (WDFC) by October 2025, three months ahead of the scheduled commissioning, a DFCCIL official told FE.

1 min  |

May 06, 2025

Financial Express Pune

Berkshire picks Abel as CEO, Buffett remains chairman

BERKSHIRE HATHAWAY'S BOARD voted unanimously to name Greg Abel president and CEO starting next year, while Warren Buffett will stay on as chairman, CNBC reported on Monday, citing sources.

1 min  |

May 06, 2025

Financial Express Pune

Saudi's Refining Push Into India Stalls Over Crude Supply

SAUDI ARABIA'S PROGRESS in securing investment in two oil refineries in India is being held back by a lack of consensus around crude supply, according to people familiar with the matter.

1 min  |

May 06, 2025

Financial Express Pune

Coforge Q4 profit up 21% at ₹261 cr

MID-CAP INFORMATION technology (IT) firm Coforge on Monday reported a strong growth in the March quarter.

1 min  |

May 06, 2025

Financial Express Pune

Lock-in period of shares worth ₹2.2L cr set to end by July

SHARES WORTH ₹2.2 lakh crore ($26 billion) will be unlocked between April 30 and July 28 as the pre-listing lock-in period of promoters, anchor investors and other shareholders is set to expire.

2 min  |

May 06, 2025

Financial Express Pune

M&M Q4 profit up 22%; revenue at ₹31,353 cr

MAHINDRA & MAHINDRA (M&M) on Monday reported a 22% year-on-year (y-o-y) rise in standalone profit for the March quarter at ₹2,437 crore, helped by a richer product mix in the SUV category and a surge in tractor margins.

2 min  |

May 06, 2025

Financial Express Pune

UK trade deal talks hit carbon tax roadblock

London unwilling to grant concessions on carbon-heavy imports

2 min  |

May 06, 2025

Financial Express Pune

Rupee jumps 31p on falling crude prices

Handsome Gain

2 min  |

May 06, 2025

Financial Express Pune

New stores to drive growth for DMart

MARGIN PRESSURE TO REMAIN IN METRO MARKETS

1 min  |

May 06, 2025

Financial Express Pune

India Relatively Immune, Tensions to Weigh on Pak's Growth: Moody's

GLOBAL RATING AGENCY

1 min  |

May 06, 2025

Financial Express Pune

Skechers Goes Private in $9.4 Billion Deal

INVESTMENT FIRM 3G Capital will acquire footwear maker Skechers USA for $9.4 billion.

1 min  |

May 06, 2025

Financial Express Pune

Shares of SBI, Kotak Bank fall after results

SHARES OF STATE Bank of India (SBI) and Kotak Mahindra Bank fell nearly 2% and 5%, respectively, in early trade on Monday after the lenders reported weaker-than-expected earnings for the March quarter.

1 min  |

May 06, 2025

Financial Express Pune

Swiggy puts Genie back in the bottle

DISCONTINUED

1 min  |

May 06, 2025

Financial Express Pune

Top-level rejigs at Skoda Auto, Stellantis India

GERMAN CAR MAKER Volkswagen Group's Indian subsidiary Skoda Auto Volkswagen India (SAVWIPL) on Monday announced the appointment of Ashish Gupta as brand director of Skoda India and Nitin Kohli as brand director for Volkswagen Passenger Cars with effect from May 1.

1 min  |

May 06, 2025

Financial Express Pune

Sunoco to purchase Parkland for $9.1 bn

SUNOCO AGREED TO acquire Parkland for about $9.1 billion, including debt, offering a premium for a Canadian fuel distributor that's in the midst of a leadership upheaval and a fight with its largest shareholder.

1 min  |

May 06, 2025

Financial Express Pune

Govt Mandates Legal Interception of Satcom Services

The Centre is gearing up to open satcom service to the public and there is a need to put measures in place to avoid any misuse of the services, especially by terrorists

1 min  |

May 06, 2025

Financial Express Pune

One step forward, two steps...

The long-awaited Insurance Laws (Amendment) Bill was issued in 2022 and then revised after consultation with the Insurance Regulatory and Development Authority of India and other stakeholders and following public comments.

4 min  |

May 06, 2025

Financial Express Pune

SBI Research: Rate cut of 125-150 bps likely in FY26

THE RESERVE BANK (RBI) may cumulatively cut the key interest rate in the range of 125-150 basis points this fiscal amid benign inflationary patterns, an SBI Research report said on Monday.

1 min  |

May 06, 2025

Financial Express Pune

Some trade deals may come as soon as this week: Trump

PRESIDENT DONALD TRUMP suggested that his administration could strike trade deals with some countries as soon as this week, offering the prospect of relief for trading partners seeking to avoid higher US import duties.

2 min  |

May 06, 2025

Financial Express Pune

Sebi Panel on Conflict of Interest Seeks Staff Inputs for Framework

The High-Level Committee (HLC), formed by the Securities and Exchange Board of India (Sebi) to decide on the framework of conflict-of-interest guidelines for board members, has sought recommendations from employees for changes in the code.

1 min  |

May 06, 2025

Financial Express Pune

Indo-Pak tensions: Govt orders mock drills tomorrow

WITH THE LINE of Control (LoC) hotting up and tensions soaring over a likely Indian military response to the Pahalgam terror attack, the Centre on Monday directed northern and western states and Union Territories to test and strengthen civil defence mechanisms in the event of a hostile attack.

3 min  |

May 06, 2025

Financial Express Pune

Tata Steel & Infosys Seek Reduction in SEZ Areas

TATA STEEL AND Infosys have requested the government for approval to reduce the sizes of their special economic zones (SEZs) due to change in their business plans.

1 min  |

May 06, 2025

Financial Express Pune

Putin dials Modi, backs India's fight against terrorism

RUSSIAN PRESIDENT VLADIMIR Putin on Monday conveyed to Prime Minister Narendra Modi in a phone call that Russia fully backs India's fight against terrorism and that the perpetrators of the Pahalgam terror attack must be brought to justice.

1 min  |

May 06, 2025

Financial Express Pune

AI Spends Only Certainty in Silicon Valley Right Now

AHEAD OF THIS quarter's crop of tech earnings, I predicted companies would be reluctant to offer much in the way of forward guidance given the almost Covid-like upheaval of the global economy thanks to President Donald Trump's tariffs.

3 min  |

May 06, 2025

Financial Express Pune

Indian Bank aims ₹6,500-cr recovery in FY26

Indian Bank crossed the annual net profit milestone of ₹10,000 crore for the first time in FY25. In an interaction with Narayanan V, managing director and CEO Binod Kumar discusses the credit and deposit growth plans for the current fiscal, the guidance for net interest margin (NIM) and recovery strategy. Excerpts:

2 min  |

May 06, 2025

Financial Express Pune

Mounting Trade Worries

In a volatile global environment, India needs to act quickly on multiple fronts to salvage its exports

2 min  |

May 06, 2025
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