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Financial Express Kochi

Adani Enterprises Net Profit Rises to ₹3,845 Cr

ADANI ENTERPRISES (AEL), the flagship company of the billionaire Gautam Adani's group, on Thursday reported a 7.5x jump in its fourth-quarter net profit on the back of a one-time gain from stake sale in consumer goods venture, and strong growth in solar manufacturing and airports.

1 min  |

May 02, 2025

Financial Express Kochi

Real estate sales in Hyderabad dips...

FOR INSTANCE, POULOMI Estates launched its 55-storey Poulomi Palazzo in Kokapet, Hyderabad, which is touted to be the tallest residential building in south India.

1 min  |

May 02, 2025

Financial Express Kochi

Musk: DOGE to examine Fed costs

Billionaire Elon Musk said he is considering sending his government efficiency team to the Federal Reserve, citing a costly renovation of the central bank's Washington, DC, headquarters as an example of potential government waste.

1 min  |

May 02, 2025

Financial Express Kochi

AI is advertising's most profound revolution: Read

IF SEARCH AND social media have democratised marketing in the world, artificial intelligence (AI) is advertising's most profound revolution yet, WPP CEO Mark Read said at the Waves Summit 2025 on Thursday in Mumbai.

1 min  |

May 02, 2025

Financial Express Kochi

UPI Transactions Up 34%

IMPS TRANSACTIONS recorded an 18% year-on-year decline in April.

1 min  |

May 02, 2025

Financial Express Kochi

Reframing India's retail

The Indian retail industry is at a critical crossroads.

4 min  |

May 02, 2025

Financial Express Kochi

Cognizant beats revenue estimates in Q1, rises 7.5%

US-BASED IT SERVICES firm Cognizant Technology Solutions beat revenue estimates for the first quarter of 2025 on the back of large deal realisations in health sciences and financial services.

1 min  |

May 02, 2025

Financial Express Kochi

Superhit show for GST...

GENERALLY, THANKS TO a surge in refunds, the net GST revenue rose 9.1% to over ₹2.09 lakh crore in April 2025 compared with the year-ago month.

1 min  |

May 02, 2025

Financial Express Kochi

UCO Bank eyes 12-14% credit growth this fiscal

AIMING AT A disciplined and sustainable growth path, UCO Bank has set a credit growth target of 12-14% for FY26, with a continued focus on the retail, agriculture, and MSME (RAM) segments that comprise 62% of its loan book.

1 min  |

May 02, 2025

Financial Express Kochi

Govt hopes to meet wheat procurement target after 3 years

MSP purchases up 24% on year

1 min  |

May 02, 2025

Financial Express Kochi

Tesla Chair Denies CEO Search, Backs Musk

TESLA'S CHAIR DENIED a report that said board members started a search for a chief executive officer to succeed Elon Musk, saying directors are \"highly confident\" in his abilities.

2 min  |

May 02, 2025

Financial Express Kochi

Adani Ports posts 3.6x decline in net profit

BEATING ANALYST ESTIMATES, Adani Ports and Special Economic Zone posted a net profit of 2935 crore in Q4FY25.

1 min  |

May 02, 2025

Financial Express Kochi

Zomato flags slowing food delivery demand

• Net profit down 78% to ₹39 crore, misses estimates

1 min  |

May 02, 2025

Financial Express Kochi

Retail investors on NSE double...

CURRENTLY, THE BSE's market valuation stands at ₹85,822 crore.

1 min  |

May 02, 2025

Financial Express Kochi

Could Apple exist without its ties to China? Probably not

In the four days after Trump announced taxes on Chinese exports of 145% last month, Apple lost $770 billion in m-cap

2 min  |

May 02, 2025

Financial Express Kochi

Prices of aviation fuel, commercial LPG cut

THE OIL MARKETING companies (OMCs) on Thursday slashed jet fuel prices by 4.4%, marking the second significant cut within a month.

1 min  |

May 02, 2025

Financial Express Kochi

Greenspan Set Carney on Path to Political Stardom

WHEN ALAN GREENSPAN was nominated for a fourth term as Federal Reserve head in 2000, Bill Clinton had some fun.

3 min  |

May 02, 2025

Financial Express Kochi

US, Ukraine sign deal on natural resources

THE US AND UKRAINE reached a deal over access to the country's natural resources, offering a measure of assurance to officials in Kyiv who had feared that President Donald Trump would pull back his support in peace talks with Russia.

1 min  |

May 02, 2025

Financial Express Kochi

New Launches Drive Apr.

REPORTING A FALL of 6% y-o-y, Mumbai-based Tata Motors despatched 45,199 units to its dealers in the same month.

1 min  |

May 02, 2025

Financial Express Kochi

Pak airspace ban to cost ₹5,000 cr a yr, says Air India

AIR INDIA EXPECTS to face over ₹5,000 crore in additional costs if a ban from Pakistan's airspace lasts for a year, and has asked the government to compensate it for the hit, a company letter seen by Reuters shows.

1 min  |

May 02, 2025

Financial Express Kochi

RRBs consolidate, to achieve better cost rationalisation

THE CENTRE'S ONE state-one Regional Rural Bank (RRB) policy came into effect on Thursday, leading to a reduction in the number of RRBs across states/union territories from 43 to 28.

1 min  |

May 02, 2025

Financial Express Kochi

Central Bank eyes ₹4,500-cr recovery in FY26

CENTRAL BANK OF India is targeting recovery ₹4,500 crore from bad loans in the current financial year, nearly a 11% increase over ₹4,062 crore recovered in the previous financial year.

1 min  |

May 01, 2025

Financial Express Kochi

Varun Beverages profit up 35%

PEPSICO BOTTLER VARUN Beverages on Wednesday reported a 35.2% rise in its net profit during the January-March 2025 quarter to ₹726.4 crore, on the back of healthy volume growth.

1 min  |

May 01, 2025

Financial Express Kochi

Starbucks Needs a Jolt. It Got Some Cold Brew.

BRIAN NICCOL'S EFFORTS to turn around Starbucks Corp. are facing some cold brew: a US consumer less willing to spend $6 on a latte.

3 min  |

May 01, 2025

Financial Express Kochi

Common contract note issuance deferred again

The Securities & Exchange Board of India (Sebi) has directed the exchanges to further defer the issuance of a common contract note for foreign portfolio investors (FPIs) and institutional investors to July 1.

1 min  |

May 01, 2025

Financial Express Kochi

US GDP Contracts in Q1; Tariffs Unleash Flood of Imports

THE US ECONOMY contracted in the first quarter, weighed down by a deluge of goods imported by businesses eager to avoid higher costs, underscoring the disruptive nature of President Donald Trump's often chaotic tariff policy.

1 min  |

May 01, 2025

Financial Express Kochi

Judges Must Come Clean About Assets

In public life, perception is as important as reality. Thus, it is imperative for the judiciary to be perceived to be above board

3 min  |

May 01, 2025

Financial Express Kochi

Above-normal heat conditions likely in most parts in May

THE INDIA METEOROLOGICAL Department (IMD) on Wednesday said most parts of the country are likely to see 'above normal' maximum temperatures in May with the exception of parts of southern peninsular and eastern regions.

1 min  |

May 01, 2025

Financial Express Kochi

Why only one among Big Four is on Sebi's panel of forensic auditors

Regulator has slashed list from 20 to 9

1 min  |

May 01, 2025

Financial Express Kochi

Adani puts on hold $10-bn chip project

The rethink in plans by group chairman Gautam Adani could be a setback for the Centre's 'Make in India' plans for promoting the semiconductor industry.

1 min  |

May 01, 2025