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Financial Express Lucknow

Staying the course

RBI has rightly sought to boost the sluggish economy in the face of fresh US tariffs

2 min  |

April 10, 2025

Financial Express Lucknow

Sebi Relaxes FPI Disclosure Rules; Doubles Assets Threshold to ₹50K Cr

Easing the disclosure norms for foreign portfolio investors (FPIs), markets regulator Sebi on Wednesday doubled the asset threshold to ₹50,000 crore for making granular beneficial ownership disclosures.

1 min  |

April 10, 2025

Financial Express Lucknow

Govt to amend Aadhaar law...

The individual should have control over how their data is used.

1 min  |

April 10, 2025

Financial Express Lucknow

Sebi clarifies framework for specialised investment funds

SEBI ON WEDNESDAY clarified the regulatory framework for Specialized Investment Funds (SIF) regarding minimum investment threshold.

1 min  |

April 10, 2025

Financial Express Lucknow

Airbus to buy $2 bn of parts from India each year by 2030

AIRBUS PLANS TO bolster its sourcing from India to $2 billion a year by 2030 — a jump of almost 43% from the current levels — as it eyes growing sales in the South Asian nation's booming aviation market.

1 min  |

April 10, 2025

Financial Express Lucknow

GAIL Completes Laying 97.6% of Pradhan Mantri Urja Ganga

GAIL (INDIA) LIMITED has completed laying of over 97.6% of the integrated Jagdishpur - Haldia - Bokaro - Dhamra Pipeline (JHBDPL), popularly known as \"Pradhan Mantri Urja Ganga\", carrying natural gas to Eastern and North-Eastern part of India.

1 min  |

April 10, 2025

Financial Express Lucknow

Dovish RBI prods benchmark yield to 40-month low

BONDS RALLY

1 min  |

April 10, 2025

Financial Express Lucknow

Pay 'fair' dividends to minority shareholders: Govt urges firms

COMMENDING THE CENTRAL public sector enterprises (CPSEs) for paying a record dividend relative to their market cap share, department of investment and public asset management secretary Arunish Chawla on Wednesday urged the private sector companies to also pay a 'fair' dividend to reward minority shareholders to create a vibrant market.

1 min  |

April 10, 2025

Financial Express Lucknow

XLR deliveries expected this year, says IndiGo CEO Pieter

INDIGO IS EXPECTED to receive delivery of the Airbus A321-XLR aircraft in the current financial year, said chief executive officer (CEO) Pieter Elbers on Wednesday.

1 min  |

April 10, 2025

Financial Express Lucknow

Consolidation wave boosts SaaS exits

A GLOBAL WAVE of consolidation in the software-as-a-service (SaaS) sector is unlocking exit opportunities for early-stage Indian startups.

2 min  |

April 10, 2025

Financial Express Lucknow

Google to help developers make their own AI agents

GOOGLE PLANS TO help developers build artificially intelligent assistants for a variety of tasks, which could increase dependence on — and revenue for — its cloud services.

2 min  |

April 10, 2025

Financial Express Lucknow

India engaged with US to seal trade pact: EAM

THE IMPACT OF US President Donald Trump's reciprocal tariffs is not yet known and New Delhi's strategy to deal with the situation is to firm up a bilateral trade pact with Washington by fall of this year, External Affairs Minister S Jaishankar said on Wednesday.

1 min  |

April 10, 2025

Financial Express Lucknow

Workers' union targets CCI, urges FM to intervene in HNGIL resolution process

THE WORKERS' UNION of the insolvent Hindustan National Glass & Industries (HNGIL) has written a letter to the finance minister Nirmala Sitharaman asking for her intervention pertaining to the conduct of the Competition Commission of India (CCI) in the ongoing corporate insolvency resolution process (CIRP) of HNGIL.

1 min  |

April 10, 2025

Financial Express Lucknow

Tata Steel to Cut Around 20% of Dutch Workforce

TATA STEEL ON Wednesday said it will cut around 1,600 jobs in the Netherlands, in a drive to increase profitability amidst fierce competition from China and rising US import tariffs.

1 min  |

April 10, 2025

Financial Express Lucknow

Task-specific AI to triple LLM use by '27: Gartner

GARTNER SEES THE use of small, task-specific artificial intelligence (AI) models will be at least three times greater than that of general-purpose large language models (LLMs) in organisations by 2027.

1 min  |

April 10, 2025

Financial Express Lucknow

Darshan Mehta, ex-MD of Reliance Brands, dies

DARSHAN MEHTA, FORMER managing director and CEO of Reliance Brands—a part of Reliance Retail—passed away on Wednesday at the age of 64.

1 min  |

April 10, 2025

Financial Express Lucknow

India Terminates Trans-Shipment Facility for Exports from Bangladesh

Ripple Effect

2 min  |

April 10, 2025

Financial Express Lucknow

Draft guidelines issued on stressed assets' securitisation

THE RESERVE BANK of India on Wednesday proposed a framework to enable securitisation of stressed assets through a market-based mechanism, in addition to the existing asset reconstruction company (ARC) route.

1 min  |

April 10, 2025

Financial Express Lucknow

Prestige Estates Launched ₹16,134 Cr Projects in Q4

PRESTIGE ESTATES PROJECTS said on Wednesday that it launched 14 million sq ft of residential properties across its key markets in Q4 FY25, with a gross development value (GDV) of ₹16,133.8 crore.

1 min  |

April 10, 2025

Financial Express Lucknow

India needs its own big ideas'

Sabeer Bhatia, co-founder of Hotmail (acquired by Microsoft in 1997) and one of the early pioneers of the Internet startup boom, believes Indian entrepreneurs need to stop copying global models and start thinking independently.

2 min  |

April 10, 2025

Financial Express Lucknow

5G: Vi sets sights on Delhi, Bengaluru

• Company banks on digital push to fuel cash flow

2 min  |

April 10, 2025

Financial Express Lucknow

New direction for the Left

BABY HINTS AT \"OUT-OF-THE-BOX SOLUTIONS\" FOR PARTY'S GROWTH IN HINDI BELT

3 min  |

April 10, 2025

Financial Express Lucknow

Short sellers mint $159-bn profit in 6 days

SHORT SELLERS, OR traders who wager on share price declines, are up $159 billion in paper profits over just six trading days after an escalating trade war sent the US stock market plummeting down more than 10%.

1 min  |

April 10, 2025

Financial Express Lucknow

Accor, InterGlobe Strengthen Partnership, to Invest in Treebo

Accor and InterGlobe Enterprises, which owns India's largest airline IndiGo, on Wednesday said they were expanding their 20-year partnership to build India's third-largest hospitality platform by 2030.

1 min  |

April 10, 2025

Financial Express Lucknow

Nobody wins in a trade war: StanChart CEO

The boss of Standard Chartered Plc said \"no one wins in a trade war\" as the lender works with clients to adjust supply chains for sweeping tariffs imposed by the US.

1 min  |

April 10, 2025

Financial Express Lucknow

IIMA signs deal to open Dubai campus

THE INDIAN INSTITUTE of Management Ahmedabad (IIMA) inked a pact with the UAE on Wednesday to set up its campus in Dubai, its first overseas campus.

1 min  |

April 10, 2025

Financial Express Lucknow

Amazon Cancels Some China Orders

Amazon.com Inc. has canceled orders for multiple products made in China and other Asian countries, according to a document reviewed by Bloomberg and people familiar with the matter, suggesting the company is reducing its exposure to tariffs imposed by President Donald Trump.

1 min  |

April 10, 2025

Financial Express Lucknow

Asset Valuer Hired for IDBI Bank Sale

The Department of Investment and Public Asset Management (Dipam) has appointed an asset valuer for the strategic sale of IDBI Bank, and it is also deliberating on a draft share purchase agreement (SPA) to be signed with prospective buyers.

1 min  |

April 10, 2025

Financial Express Lucknow

NBFCs to benefit from gold loan norms

THE RESERVE BANK of India's (RBI) draft guidelines to harmonise gold loan regulations across lender categories will help gold loan NBFCs gain a level playing field with banks, which currently benefit from cheaper funds, higher loan-to-value ratios, and lower disclosure requirements, say industry insiders.

1 min  |

April 10, 2025

Financial Express Lucknow

Opportunity in adversity for Indian IT

Firms that can rapidly reinvent themselves will emerge as leaders in a new era marked by techno-nationalism and digital sovereignty

3 min  |

April 10, 2025