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Financial Express Chandigarh
DGCA audit finds major safety lapses at Delhi, Mumbai airports
IN A SWEEPING audit conducted less than two weeks after the tragic crash of Air India's AI171 flight that claimed 270 lives, the Directorate General of Civil Aviation (DGCA) has found significant safety violations across multiple segments of the aviation ecosystem.
1 min |
June 25, 2025
Financial Express Chandigarh
OpenAI Nabbing Microsoft Customers, Fueling Rivalry
Last spring, drugmaker Amgen Inc. announced plans to buy Microsoft Corp.'s Copilot AI assistant for 20,000 employees.
2 min |
June 25, 2025
Financial Express Chandigarh
J&K Bank to focus on improving other income
IN ORDER TO improve growth in other income, Jammu & Kashmir (J&K) Bank has decided to create a separate vertical, managing director and chief executive officer Amitava Chatterjee said.
1 min |
June 25, 2025
Financial Express Chandigarh
Average compensation in AI crash can be $2-10 mn per person
UK-based James Healy-Pratt, a lawyer, with 30 years' of experience resolving high-profile aviation disputes and accidents worldwide, is assisting the families of victims of the ill-fated Air India flight IA 171 which crashed in Ahmedabad on June 12.
2 min |
June 25, 2025
Financial Express Chandigarh
Coal Stocks at New High
THE COAL STOCKS at all thermal power plants have reached an all-time high of 61.3 million tonnes, which is sufficient to meet 25 days of consumption, railway ministry said in a statement on Tuesday.
1 min |
June 25, 2025
Financial Express Chandigarh
Trump sparks fear over NATO future
SECRETARY GENERAL MARK Rutte is fighting to stop the NATO summit from spinning out of control after President Donald Trump cast doubt on the US commitment to defend its allies.
1 min |
June 25, 2025
Financial Express Chandigarh
Bonds rally as traders lap up debt post ceasefire
AN ISRAEL-IRAN CEASEFIRE and the ensuing slump in oil prices boosted government bonds on Tuesday, as traders resumed buying and covered short positions.
1 min |
June 25, 2025
Financial Express Chandigarh
Agri minister flags concerns over edible oil import surge
INDIA SHOULD NOT ideally be importing edible oils, agriculture minister Shivraj Singh Chouhan said on Tuesday, indicating his ministry's concerns over keeping low import duties on these items.
1 min |
June 25, 2025
Financial Express Chandigarh
Must have competition in every sector, duopoly not good: Scindia
UNION TELECOM MINISTER Jyotiraditya Scindia on Tuesday said that duopoly is not good and there must be competition in every sector.
2 min |
June 25, 2025
Financial Express Chandigarh
HC Rules NFRA Can Probe Audits Before Its Creation
New penalties can't be imposed, court order adds
2 min |
June 25, 2025
Financial Express Chandigarh
Oyster Renewable aims 2 GW capacity by 2030
OYSTER RENEWABLE ENERGY is aiming to set up 2 gigawatts (GW) of green energy capacity by 2030, with an estimated investment of ₹14,000 crore, the company's managing director Siddharth Bhatia told FE.
1 min |
June 25, 2025
Financial Express Chandigarh
Adani aims $15-bn capex a year
IN TERMS OF consolidated numbers, the group's revenues grew by 7%, Ebitda by 8.2%, and net debt-to-Ebitda ratio remained at 2.6x, he said.
1 min |
June 25, 2025
Financial Express Chandigarh
Decline in interest rates unlikely to boost affordable housing
A cut in interest rates should be a big booster for affordable housing as the segment is highly rate-sensitive. But the reality may be different.
3 min |
June 25, 2025
Financial Express Chandigarh
Robust data quality need of the hour: Niti Aayog
NITI AAYOG on Tuesday stressed the urgent need for robust data quality to fortify digital governance, cultivate public trust and ensure efficient service delivery.
1 min |
June 25, 2025
Financial Express Chandigarh
Tech Mahindra CEO Draws ₹52.1 Cr in FY25
TECH MAHINDRA CEO and MD Mohit Joshi earned ₹52.1 crore in FY25, the company's annual report stated.
1 min |
June 25, 2025
Financial Express Chandigarh
FMCG growth is not just about listed firms alone
Consumer goods major Marico, which crossed ₹10,000 crore in topline in FY25, is looking to double turnover in five years, MD & CEO Saugata Gupta tells Viveat Susan Pinto in an exclusive interview. He throws light on the strategy he has put in place to achieve this, his agenda on digital acquisitions and outlook for the year. Edited excerpts:
3 min |
June 25, 2025
Financial Express Chandigarh
RBI to conduct VRRR on Friday after seven months
\"If the short-term falls too much, participants tend to borrow more from the short-term market and lend long-term or unsecured loans.
1 min |
June 25, 2025
Financial Express Chandigarh
SFBs see many positives as RBI reduces PSL target
Opportunities Galore
2 min |
June 24, 2025
Financial Express Chandigarh
Kalpataru Raises ₹708 Cr From Anchor Investors
MUMBAI REALTOR KALPATARU raised ₹708 crore as anchor investment from nine elite investors, including GIC Singapore, the largest foreign investor (FPI) in Indian markets, at the upper end of the price band (₹414).
1 min |
June 24, 2025
Financial Express Chandigarh
India May Face Fiscal & Monetary Policy Challenges If War Intensifies
India is staring at a multi-pronged challenge to its economy—from inflationary and fiscal pressure to widening current account balance and further moderation in economic growth—if the Israel-Iran war continues for a long period.
3 min |
June 24, 2025
Financial Express Chandigarh
Israel Attacks Iran's Fordow Nuclear Site
ISRAEL RATCHETED UP attacks on Iran even as Tehran vowed to retaliate against US strikes on its nuclear facilities over the weekend, fueling fears of a wider war in the West Asia and rattling global markets.
1 min |
June 24, 2025
Financial Express Chandigarh
Databricks Bets on Legacy Entities for India Growth Spurt
US-BASED DATABRICKS, the provider of data architecture and AI platforms, will be utilizing its $250 million investment in India over the next three years towards building capabilities in engineering, training, customer support, and go-to-market initiatives, the firm's senior vice president and general manager for Asia Pacific & Japan Ed Lenta told FE.
1 min |
June 24, 2025
Financial Express Chandigarh
PE, VC deals contract sharply in May to $2.4 billion
PRIVATE EQUITY AND venture capital deals recorded a sharp contraction in May, with total investments plummeting 68% year-on-year to just $2.4 billion, according to a report by the Indian Venture and Alternate Capital Association (IVCA) and EY.
2 min |
June 24, 2025
Financial Express Chandigarh
AAP wins in Gujarat, Punjab bypolls
In Kerala, Cong stuns Left; TMC has easy win in West Bengal
2 min |
June 24, 2025
Financial Express Chandigarh
Swiggy Cuts Losses by 30% in 2024
PROSUS ON MONDAY said that food delivery platform Swiggy reduced its adjusted earnings before interest, taxes, depreciation, and amortisation (Ebitda) losses by 30% between January and December last year to $182 million from $261 million in the previous year.
1 min |
June 24, 2025
Financial Express Chandigarh
SRK among $1-bn Ashika co-investors
The Family Office (FO) of Bollywood mega star Shah Rukh Khan (SRK) is co-investing with Ashika Group, a money manager and proprietary investment house in Mumbai.
1 min |
June 24, 2025
Financial Express Chandigarh
India's workers high on confidence, least satisfied
IN A STRIKING paradox that could define the next chapter of India's workforce narrative, a new global report by ManpowerGroup reveals that Indian workers are the most confident in the world — yet among the least satisfied.
1 min |
June 24, 2025
Financial Express Chandigarh
AIFs helping mid-sized firms access non-bank capital
Pre-IPO investments via alternative investment funds (AIFs) are gaining traction, as investors seek early access to future market leaders in India's startup ecosystem.
2 min |
June 24, 2025
Financial Express Chandigarh
Zee Ent Targets Zee5 Break-Even in FY26
ZEE ENTERTAINMENT is aiming for a break-even in its digital business, Zee5, in the current financial year, the company stated in its latest investor update.
1 min |
June 24, 2025
Financial Express Chandigarh
Oman Plans to Impose Tax on Top Earners
A FIRST IN GULF
1 min |