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Financial Express Kochi

Bajaj Gets CCI Nod to Buy Allianz Stake in Insurance JVs for ₹24,180 Cr

FAIR TRADE REGULATOR CCI on Tuesday cleared Bajaj Group's proposed acquisition of a 26% stake each in its insurance joint ventures, Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance, from its partner Allianz SE for a total consideration of ₹24,180 crore.

1 min  |

May 21, 2025

Financial Express Kochi

Banks gear up for rate-cut season

Protecting Margins

3 min  |

May 21, 2025

Financial Express Kochi

Honda scales back its EV plans, to focus on hybrids

HONDA MOTOR COMPANY has significantly trimmed its electric vehicle (EV) investment plans, shifting focus towards hybrid models amid a global slowdown in EV demand.

2 min  |

May 21, 2025

Financial Express Kochi

Public sector firms' agentic AI usage set to surge: Capgemini

AGENTIC AI is set to witness increasing utilization in public sector organizations in the near future.

1 min  |

May 21, 2025

Financial Express Kochi

'AI Can't Make Bad Design Better'

\"We need creatives who can speak both visual and business, who know how to wield data without being enslaved by it,\" says Geet Nazir, managing director, Landor India, while speaking on the impact of new technologies on advertising.

3 min  |

May 21, 2025

Financial Express Kochi

China's EV battery giant jumps in debut in world's biggest listing this year

SHARES OF CHINESE electric vehicle battery giant CATL traded as much as 18.4% above the subscription price on Tuesday after the company raised $4.6 billion in its Hong Kong listing, the largest in the world this year.

1 min  |

May 21, 2025

Financial Express Kochi

Govt to invest ₹1,280 crore to upgrade FCI, CWC infra

THE GOVERNMENT WILL invest about ₹1,280 crore to upgrade infrastructure of existing godowns of state-owned Food Corporation of India (FCI) and Central Warehousing Corporation, food minister Pralhad Joshi said on Tuesday.

1 min  |

May 21, 2025

Financial Express Kochi

Quality Control Order on Electrical Items Postponed

The government has postponed the implementation of the Quality Control Order (QCO) on electrical appliances for a year on industry demand.

1 min  |

May 21, 2025

Financial Express Kochi

MobiKwik Loss Widens on Lower Margins from Lending Business

GURUGRAM-BASED FINTECH FIRM MobiKwik on Tuesday reported a nearly-flat revenue growth and widening of its consolidated loss to ₹56 crore for the January-March quarter of 2024-25, as credit disbursement tapered, particularly for its small-ticket loan products, following tightening of unsecured lending rules by the Reserve Bank of India.

1 min  |

May 21, 2025

Financial Express Kochi

Nazara acquires UK-based Curve Games for ₹247 cr

IN A SIGNIFICANT push for global markets, Nazara Technologies has acquired UK-based PC and console game publisher Curve Games for ₹247 crore.

1 min  |

May 21, 2025

Financial Express Kochi

BSE goes long on index launches in FY26

TO TAP THE growing number of passive investors, BSE's Asia Index plans to launch as many as 40 more indices across sectors this fiscal — double the number in the previous fiscal.

2 min  |

May 21, 2025

Financial Express Kochi

Pak Army Chief Promoted to Field Marshal

The Pakistan Government on Tuesday decided to promote Army Chief General Asim Munir to the rank of Field Marshal for his role in the recent conflict with India, making him the second top military officer in the country's history to be elevated to the position.

1 min  |

May 21, 2025

Financial Express Kochi

India seeks to expedite mini deal with US

THE MINI DEAL, followed by an interim deal, will make a full-fledged trade agreement between India and the US a three-step process.

1 min  |

May 21, 2025

Financial Express Kochi

Hindalco PAT up 66% in Q4

Robust Performance

2 min  |

May 21, 2025

Financial Express Kochi

Musk Says He Will Scale Back Political Spending in Blow to GOP

Elon Musk said he would significantly pull back from political spending, a likely blow to US President Donald Trump and Republicans ahead of the 2026 midterm elections.

1 min  |

May 21, 2025

Financial Express Kochi

Tsunami of Chinese cargo looks more like a swell

LET'S GO AHEAD and dispel this myth: US importers will scramble to bring in goods from China and other countries before President Donald Trump's 90-day pause on tariffs expires, and a surge of cargo will overwhelm the logistics supply chain, causing freight rates to skyrocket.

3 min  |

May 21, 2025

Financial Express Kochi

China Cuts Key Rates as Economy Struggles

Rate cuts aim to boost consumption and loan growth

1 min  |

May 21, 2025

Financial Express Kochi

Sensex, Nifty decline over 1%

\"WITH A LACK of major positive triggers and prevailing uncertainty over US fiscal stability, investors opted for profit booking and adopted a cautious stance.

1 min  |

May 21, 2025

Financial Express Kochi

States' capex likely up 9% in FY25

STATES' CAPITAL EXPENDITURE likely rose by 9% on-year in 2024-25, compared with a 27% growth seen in 2023-24, as they sought to rein in fiscal deficit at 3% of their respective Gross State Domestic Product (GSDP) amid a moderation in tax revenue growth.

1 min  |

May 21, 2025

Financial Express Kochi

Core sector grows 0.5% in April

\"THE CORE SECTOR growth at 0.5% is quite disappointing even though the base effect was strong.

1 min  |

May 21, 2025

Financial Express Kochi

Eminent astrophysicist Jayant Narlikar passes away

JAYANT VISHNU NARLIKAR, one of the most distinguished astrophysicists who was globally acclaimed for co-developing the Hoyle-Narlikar theory of gravity- an alternative to Einstein's general relativity- and popularising science among common people, passed away in Pune on Tuesday.

1 min  |

May 21, 2025

Financial Express Kochi

No increase in food inflation likely: food secy

EVEN AS FOOD inflation is at a multi-year-low level, the government does not foresee any spike in prices of agricultural commodities over the next few months, food secretary Sanjeev Chopra said on Tuesday.

1 min  |

May 21, 2025

Financial Express Kochi

India Inc courts chief AI officers

RECENT HIGH-PROFILE appointments include Deepak Agarwal as CAIO at LinkedIn, Anil Pawar at Yotta Data Services, and Siddharth Sureka at Motilal Oswal Financial Services.

1 min  |

May 21, 2025

Financial Express Kochi

Monsoon expected to reach Kerala in next 4-5 days: IMD

THE SOUTHWEST MONSOON is likely to hit the Kerala coast over the next 4-5 days, India Meteorological Department (IMD) said on Tuesday.

1 min  |

May 21, 2025

Financial Express Kochi

MCA Looks to Conclude Investigation into Gensol and Its Affiliates in 3-5 Months

Early Closure

2 min  |

May 21, 2025

Financial Express Kochi

Ghosts in the order book

The stock markets have come a long way from the days of the open outcry system.

4 min  |

May 21, 2025

Financial Express Kochi

Shriram Life targets 25% retail new biz premium growth

SHRIRAM LIFE INSURANCE plans to double down on its focus on the retail insurance segment this fiscal while remaining cautious about the price-sensitive group life business.

1 min  |

May 21, 2025

Financial Express Kochi

Traffic fines worth ₹12,000 cr slapped in '24, 75% unpaid

Challan Crisis

1 min  |

May 20, 2025

Financial Express Kochi

TN small borrowers delay repayments

\"IT STARTED IN Karnataka and now it is in Tamil Nadu. Technically, the Act is not applicable to NBFC-MFIs. So, it is actually exempted, but then it is only the perception — people on the ground may feel this is applicable for everybody and people may delay payments,\" Muthoot had said during the company's fourth-quarter earnings call.

1 min  |

May 20, 2025

Financial Express Kochi

Farm sector growth may hit 3.5%: Chouhan

THE COUNTRY IS likely to achieve a 3.5% growth rate in the farm sector during FY26, Union agriculture minister Shivraj Singh Chouhan said on Monday.

1 min  |

May 20, 2025