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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  |

June 24, 2025

Financial Express Chandigarh

PayU IPO delayed as losses mount

THE IPO of digital payments and lending platform PayU has been postponed to 2026 as the company's losses continue to increase, Nico Marais, CFO of Dutch investor Prosus said on Monday.

1 min  |

June 24, 2025

Financial Express Chandigarh

India Inc on edge as war in West Asia escalates

CORPORATE INDIA is keeping a close watch over developments in West Asia as the conflict between Iran and Israel escalates.

2 min  |

June 24, 2025

Financial Express Chandigarh

Future Tense

The world has to grapple with too many unknowns due to the escalating conflict in West Asia

2 min  |

June 24, 2025

Financial Express Chandigarh

NATO summit to focus on Trump's spending goal

THE NATO ALLIANCE has crafted a summit in The Hague this week to shore itself up by satisfying US President Donald Trump with a big new defence spending goal — but it now risks being dominated by the repercussions of his military strikes on Iran.

1 min  |

June 24, 2025

Financial Express Chandigarh

PhonePe Targets August Date to File for $1.5 Billion IPO

Proposed listing will value fintech firm at $15 billion

1 min  |

June 24, 2025

Financial Express Chandigarh

Industry experience with GST positive

INDIA INC HAD an overall positive experience with Goods and Services Tax (GST) over the past 8 years as the new tax regime has simplified compliance and supported business growth,

1 min  |

June 24, 2025

Financial Express Chandigarh

Farm Goods Exports Rise 8% to $4.2 Billion in April-May

INDIA'S EXPORTS OF agricultural and processed food products have commenced on a brisk note in the current fiscal, with the shipments rising by over 8% year-on-year to $4.16 billion in April-May.

1 min  |

June 24, 2025

Financial Express Chandigarh

Israel hits Iran's notorious Evin prison

Israel struck the most notorious jail for political prisoners in Tehran on Monday in a potent demonstration that it was expanding its targets beyond military and nuclear sites to aim squarely at the pillars of Iran's ruling system.

1 min  |

June 24, 2025

Financial Express Chandigarh

TCS Launches 3 New Centers in Europe

TATA CONSULTANCY SERVICES (TCS) has announced the launch of three new centers in Europe to accelerate the development of Software-Defined Vehicles (SDVs).

1 min  |

June 24, 2025

Financial Express Chandigarh

Asean is delaying review of trade deal with India: Official

Little Progress

2 min  |

June 24, 2025

Financial Express Chandigarh

Rupee Falls 16p to 86.75 as W. Asia Conflict Escalates

Under Pressure

1 min  |

June 24, 2025