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Financial Express Chandigarh

BlackRock's entry could lead to a shift in market shares

THE ENTRY OF BlackRock into the Indian mutual funds market has led to concerns that the market shares of dominant players could change, according to Avinash Satwalekar, president, Franklin Templeton (India).

1 min  |

July 11, 2025

Financial Express Chandigarh

Vedanta chief pitches '3D' plan for growth

MINING MAJOR VEDANTA on Thursday held its 60th annual general meeting (AGM), which was streamed live across social media.

2 min  |

July 11, 2025

Financial Express Chandigarh

India's Quick Commerce Market to Touch ₹2L Cr by FY28: CareEdge

INDIA'S QUICK COMMERCE sector is experiencing explosive growth, with the market estimated to have reached around ₹64,000 crore in FY25.

1 min  |

July 11, 2025

Financial Express Chandigarh

Telcos likely to see steady growth in first quarter

Stable Performance

2 min  |

July 11, 2025

Financial Express Chandigarh

Bihar exercise to continue; SC hearing again before roll release

DECLINING TO RESTRAIN the Election Commission of India from proceeding with the Special Intensive Revision (SIR) of electoral rolls in poll-bound Bihar, the Supreme Court on Thursday suggested to the poll panel to also consider Aadhaar, voter ID and ration cards for the purpose of updating the rolls.

2 min  |

July 11, 2025

Financial Express Chandigarh

RBI to conduct ₹2.5 lakh-crore seven-day VRRR auction today

In a move to suck out temporary liquidity from the financial system, the Reserve Bank of India on Thursday said it would conduct a seven-day variable rate reverse repo (VRRR) auction on Friday for an amount of ₹2.5 lakh crore.

1 min  |

July 11, 2025

Financial Express Chandigarh

Mahindra, Minda Eye Local Magnet Production

Automaker Mahindra & Mahindra and parts maker Uno Minda are looking to make rare earth magnets locally to cut reliance on China, as India draws up incentives for production of the critical components, company and government sources told Reuters.

1 min  |

July 11, 2025

Financial Express Chandigarh

Eutelsat set to raise €163 mn from UK

THE UNITED KINGDOM will invest €163.3 million (₹1,634 crore) in French satellite operator Eutelsat, strengthening Europe's effort to compete with Elon Musk's Starlink in the global satellite internet race.

1 min  |

July 11, 2025

Financial Express Chandigarh

NSE expiry day activity falls to April-end levels

THE FIRST EXPIRY after the Securities & Exchange Board of India's (Sebi) action on high-frequency trader Jane Street led to a fall in trading activity in NSE's derivatives contracts to April-end level, data showed on Thursday.

1 min  |

July 11, 2025

Financial Express Chandigarh

Canara Bank drops 'fraud' label on loan by RCom

THE CANARA BANK on Thursday informed the Bombay High Court that it has withdrawn its order classifying as \"fraudulent\" the loan account of a firm linked to industrialist Anil Ambani.

1 min  |

July 11, 2025

Financial Express Chandigarh

HyFun looks to triple growth by FY29

GUJARAT-BASED HYFUN Foods plans to transform itself from a potato processor with an established brand presence to a larger frozen foods company.

1 min  |

July 11, 2025

Financial Express Chandigarh

Asian Paints Exits AkzoNobel India

ASIAN PAINTS, the country's largest paint maker, on Wednesday, sold its entire shareholding of 4.42% in AkzoNobel India for ₹734 crore.

1 min  |

July 10, 2025

Financial Express Chandigarh

NSEL Brokers' Settlement Scheme from August 25

SEBI on Wednesday said a settlement scheme for stock brokers who traded on the now-defunct National Spot Exchange (NSEL) platform will open on August 25.

1 min  |

July 10, 2025

Financial Express Chandigarh

Lower-Than-Expected Response for VRRR

The Reserve Bank of India's variable rate reverse repo (VRRR) auction on Wednesday received lower-than-expected response from participants.

1 min  |

July 10, 2025

Financial Express Chandigarh

BRICS Can't Set Off New World Order

What brought together Brazil, Russia, India, China, and South Africa (BRICS), along with six new members—Egypt, Ethiopia, Iran, Saudi Arabia, the United Arab Emirates, and Indonesia—at the latest BRICS+ summit in Rio de Janeiro was their common desire to explore new ways of dealing with their development problems.

4 min  |

July 10, 2025

Financial Express Chandigarh

When Coffee Shops Buy Bitcoin, Things Get Frothy

ECONOMIST CARLOTA PEREZ once described the peak frenzy of boom-and-bust investing cycles as the moment when capital gains are copy and pasted, with financiers indulging in \"the intense repetition of the same successful recipe\"—from building canals to launching dot-com start-ups. It rarely ends well.

3 min  |

July 10, 2025

Financial Express Chandigarh

Viceroy Research: No stranger to controversy

Research firm has been both lionised and vilified for its reports

2 min  |

July 10, 2025

Financial Express Chandigarh

Copper Imports Soar as Local Output Falls

India's copper production has dropped from 843 kilotonne (KT) in FY18 to 573 KT in FY25, even as demand for the metal has risen at a scorching pace due to new uses in sunrise industries, reports Saikat Neogi.

1 min  |

July 10, 2025

Financial Express Chandigarh

Byju Raveendran held in contempt by US court

A US Bankruptcy court has issued an order holding Byju's founder Byju Raveendran in civil contempt for failing to comply with earlier court orders related to limited expedited discovery.

1 min  |

July 10, 2025

Financial Express Chandigarh

FM: NBFCs Should Double Loan Book

NON-BANKING FINANCIAL COMPANIES (NBFCs) should aim to more than double their loan portfolio to reach at least 50% of the credit disbursed by scheduled commercial banks, finance minister Nirmala Sitharaman said on Wednesday.

1 min  |

July 10, 2025

Financial Express Chandigarh

UAE's Golden Visa Scheme Glitters With Promise for Indians

IN LINE WITH its vision to become an engine of growth and diverting from an oil-based economy, the United Arab Emirates (UAE) has restructured its visa programme to offer renewable residency of up to 10 years for investors, entrepreneurs, scientists, doctors, athletes and students.

2 min  |

July 10, 2025

Financial Express Chandigarh

M&A, PE deal value falls 48% in June qtr: GTBharat

MERGER & ACQUISITION and private equity deals declined sharply by 48% in value terms to $17 billion in April-June compared to the previous quarter due to mounting global uncertainties and a cautious investment climate, according to consultancy firm Grant Thornton Bharat.

1 min  |

July 10, 2025

Financial Express Chandigarh

US deal: Lower levy on non-GM crops likely

India may have agreed to import non-genetically modified(GM) soyabean and corn from the United States at lower tariffs as part of a proposed mini trade deal, Ramesh Chand, member, Niti Aayog, said on Wednesday.

1 min  |

July 10, 2025

Financial Express Chandigarh

India-born Sabih Khan Named Apple COO

MORADABAD-BORN SABIH Khan has joined an elite league of India-born C-suite executives at global giants after being elevated to the position of chief operating officer of iPhone maker Apple, following the path laid by the likes of Indra Nooyi, Satya Nadella, and Sundar Pichai.

1 min  |

July 10, 2025

Financial Express Chandigarh

Cisco eyeing India growth: CEO

GLOBALTECH GIANT Cisco is keen to continue expanding its footprint in India across manufacturing and research, but is cautious about further investment until global trade uncertainties ease, chairman and CEO Chuck Robbins said.

2 min  |

July 10, 2025

Financial Express Chandigarh

50% Levy on Metal Not So Big Threat

Firms to focus on domestic sales as demand soars

3 min  |

July 10, 2025

Financial Express Chandigarh

Will launch a ₹10-lakh electric car soon

After cements, paints and ports, JSW Group has big plans for the automotive sector.

2 min  |

July 10, 2025

Financial Express Chandigarh

IDBI Bank sale on track, to be completed by October

THE STRATEGIC SALE of IDBI Bank will be completed by October, the process for which has gained momentum, a senior government official said.

1 min  |

July 10, 2025

Financial Express Chandigarh

US short-seller shock...

THE SHARE PRICE of Vedanta dipped 3.38% on Wednesday and that of Hindustan Zinc fell 2.56% to finish the day's trading at ₹440.8 and ₹425.05 respectively.

1 min  |

July 10, 2025

Financial Express Chandigarh

Trump Family Crypto Venture Preps Vote With Billions at Stake

A CRYPTO TOKEN backed by the Trump family is moving closer to trading openly on exchanges, potentially unlocking substantial gains for early insiders, while raising fresh questions about governance and investor protection in the booming digital-asset market.

2 min  |

July 10, 2025