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Financial Express Mumbai - November 05, 2025

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In this issue

November 05, 2025

Mistry says Tata to Noel

RATAN'S CONFIDANT WANTS TO PREVENT SPECULATION

2 mins

SBI posts 10% rise in Q2 profit

Yes Bank stake sale boosts net

2 mins

Airtel to approach Govt for AGR relief

BHARTI AIRTEL ON Tuesday said it plans to approach the government, seeking a reassessment of its adjusted gross revenue (AGR) dues.

2 mins

Govt turns wary of green power bids

To revise contract model; case-by-case approach likely

3 mins

WhatsApp, Meta get NCLAT go-ahead on data sharing

But appellate tribunal upholds CCI’s 213-cr fine

2 mins

Universities of China, Singapore & Hong Kong move up the ladder India's top institutions slip in QS Asia rankings

INDIA’STOP-RANKED universities have taken a back seat in the latest QS Asia University Rankings 2026, with premier institutes like IIT Delhi, IIT Bombay and Indian Institute of Science (IISc) seeing a drop in their positions.

2 mins

Bank privatisation won't hit financial inclusion: FM

@ Minister says next goal is ‘new-gen Customs structure’

2 mins

Spot power prices down 32% in October

STEADY SUPPLY

1 mins

Nafed to launch e-auction portal

AGRI-COOPERATIVE MAJOR NATIONAL Agricultural Cooperative Marketing Federation (Nafed), the government's biggest procurement agency for oilseeds and pulses, will soon launch its e-auction portal for selling agricultural commodities in the market.

1 mins

Gems & jewellery exports: UAE gains share as US loses ground

SHIPMENTS OF GEMS and jewellery to the US have been contracting for four years in a row, reports Saikat Neogi.

1 mins

Sugar production seen up 16%

Industry seeks 2 MT sugar exports quota

1 mins

ICAI proposes optional joint taxation for married couples

Wants F&O trading excluded from presumptive income rule

1 mins

Finmin welcomes World Bank report on India’s financial sector

THE FINANCE MINISTRY has welcomed the World Bank’s Financial Sector Assessment (FSA) report, an exercise mandatory every five years for systemically important jurisdictions like India.

1 mins

JSW Steel CEO flags concerns over met coke import curbs

INDIA'S IMPORT CURBS on metallurgical coke, a key steelmaking fuel, have become a concern for many producers, Jayant Acharya, Indian steelmaker JSW Steel’s chief executive, said on Tuesday.

1 mins

Steel PLI 1.2 to focus on advanced products

THE GOVERNMENT ON Tuesday launched the third round of production linked incentive (PLI 1.2) scheme for “specialty steel” to attract new investments in these emerging and advanced steel products.

1 mins

Goyal to hold talks with New Zealand on trade pact

COMMERCE AND INDUSTRY Minister Piyush Goyal is visiting New Zealand to review the progress of the ongoing negotiations for the proposed trade pact, an official statement said.

1 mins

SC seeks Centre’s comprehensive reply on pleas challenging online gaming law

THE SUPREME COURT on Tuesday asked the Centre to file a comprehensive reply on petitions challenging an online gaming law which prohibits “onlinemoney games’, and bars banking services and advertising related to them.

1 mins

Exporters seek interest relief, faster GST refunds

INDIA’S EXPORTERS, IN a recent meeting with Prime Minister Narendra Modi, have asked for support that will help mitigate the adverse fallout of extra tariffs that their shipments to the US face, when compared to main competitors.

3 mins

Hyundai sees GST boost to SUVs, drives in new Venue

HYUNDAI MOTOR INDIA expects the sport utility vehicle (SUV) segment to keep powering the domestic passenger vehicle market, as buyers continue to gravitate towards larger cars even after the GST changes.

1 mins

India’s appetite for global brands has never been stronger: Adwaita Nayar

Swedish fashion brand H&M has teamed up with Nykaa to retail its beauty and fashion range in an attempt to reach the Indian fashion platform’s 45-million-strong customer base.

4 mins

Zoho's Arattai drops out of top 100 apps

ZOHO'S 'SWADESHI' MESSAGING app, Arattai, has seen its initial surge fizzle out, crashing from the top spot to outside the top 100 on Google Play and Apple’s App Store in India within amonth of topping the charts.

1 mins

‘Discretionary spending has revived with GST rate cuts’

After nearly five quarters of a decline in same-store sales growth, Tata Starbucks, a joint venture between Starbucks and Tata Consumer Products, posted a low single-digit SSG in the July-September period. This was driven by improved sentiment and out-of-home spending by consumers following the GST and income tax cuts, Sunil D’Souza, MD & CEO, Tata Consumer, told Viveat Susan Pinto in an interview. He also highlighted demand trends in FMCG and the company’s outlook for the second half of FY26. Excerpts:

2 mins

IndiGo loss widens 2.5x on forex hit & higher expenses

HEADWINDS PERSIST

1 mins

M&M profit beats Street, rises 18% to ₹4,521 crore

STRONG TRACTOR AND LIGHT TRUCK VOLUMES DRIVE GROWTH

2 mins

AI major explores data centre infra in India

OPENAI IS ACTIVELY considering the establishment of data centre infrastructure in India as the artificial intelligence (AI) giant deepens its commitment to what has become its second-largest and fastest-growing consumer market, Narayan said.

1 mins

ABFRL loss widens, revenue rises 12.6%

ADITYA BIRLA FASHION and Retail (ABFRL) on Tuesday reported a widening consolidated net loss of 263 crore for the quarter ended September 30 (Q2FY26), compared with a net loss of $146 crore in the same period last year.

1 mins

OpenAI launches IndQA to test AI on Indian languages

AI major explores data centre infra in India

2 mins

Adani to raise ₹25K-cr via rights issue

ADANI ENTERPRISES ON Tuesday said its board has approved a fundraise of ₹25,000 crore through a rights issue, aimed at strengthening its balance sheet and supporting the next phase of business incubation.

2 mins

Indian Hotels profit down 49%; revenue up 12%

Outlook for H2 remains strong with a rebound in corporate travel

1 mins

Sebi to probe MCX outages, relax broker rules: Pandey

SECURITIES AND EXCHANGE Board of India (Sebi) Chairman Tuhin Kanta Pandey on Tuesday expressed his displeasure at recurring episodes of outages at exchanges. He said the regulator will take action after studying the issue.

2 mins

‘Next decade returns will lag the past decade’

Returns in the next decade across asset classes and regions will lag the returns we've experienced in the past decade, believes Morningstar Global CEO Kunal Kapoor. He tells Ananya Grover that investors should stick to simple, long-term, and diversified portfolios.

3 mins

Lenskart issue gets 28x subscription

THE INITIAL PUBLIC offering of Lenskart Solutions, India’s largest prescription eyewear retailer, received 28.26 times subscription on the final day of the share sale on Tuesday.

1 mins

Domestic capital to form bigger part of PE fundraise’

Homegrown private equity firm ChrysCapital has closed its latest Fund X at a record $2.2 billion, marking a 60% jump over its $1.35-billion Fund IX in 2022. In an environment where global fundraising cycles have stretched and limited partners (LPs) have turned cautious, ChrysCapital wrapped up the fund’s final close within six months of its first close, Managing Director Saurabh Chatterjee tells Ayanti Bera in an interview. Excerpts:

3 mins

Groww IPO booked 57% on first day

THE INITIAL PUBLIC offering of Billionbrains Garage Ventures, the parent company of stock broking firm Groww, garnered 57% subscription on the first day of the share sale on Tuesday.

1 mins

NSE sets aside ₹1,297 crore for Sebi settlement

THE NATIONAL STOCK Exchange (NSE) on Tuesday said it has set aside %1,297 crore in the quarter ended September 30 as provision towards the settlement applications it had filed with Sebi with regard to the co-location and dark fibre cases, as the bourse seeks to push ahead with a long-delayed IPO.

1 mins

SIF industry to expand to ₹15L cr by 2030: Holland

THE SPECIALISED INVESTMENT Fund (SIF) industry in India is expected to grow to €15 lakh crore by 2030, Andrew Holland, head of new asset class at Nippon India Mutual Fund, said on Tuesday.

1 mins

Builders’ luxury focus hits affordable housing supply’

Despite demand being high, affordable housing is facing supply-side issues, DLakshminarayanan, MD of Sundaram Home Finance, tells Narayanan V in an interview. He also speaks about the overall housing demand, the impact of GST and the lender’s plans to scale up the emerging business segment. Excerpts:

2 mins

Bajaj Fin sees 27% growth in festive loan disbursals

BAJAJ FINANCE, A part of Bajaj Finserv, on Tuesday said it disbursed a record number of consumer loans in the festive season, registering a 27% growth in volume and 29% in value year-on-year.

1 mins

Shriram Life's H1 premium collections increase 20%

SHRIRAM LIFE INSURANCE Company reported a 20% year-on-year rise in total premium collections to %1,954 crore for the first half of FY26, driven by a strong growth in renewal premiums across individual and group segments.

1 mins

'Secondary market liquidity trails market growth'

SECONDARY MARKET LIQUIDITY, despite growing over the years, has not been able to keep pace with the expansion of the market, Dimple Bhandia, chief general manager (financial markets regulation department) at the Reserve Bank of India (RBI), said on Tuesday.

1 mins

SBI open to collaborate with foreign banks on M&A finance, says Setty

THE COUNTRY’S LARGEST lender, State Bank of India ( SBI), is open to collaborating with foreign banks once the Reserve Bank makes it possible for local banks to do acquisition finance, its Chairman CS Setty said on Tuesday.

1 mins

A wistful farewell to Buffett's annual letters

INNOVATION AND INFLUENCE are very distinct phenomena. Bob Dylan, for instance, didn't invent folk music:

3 mins

Policy paradox

SC's nod to revisit Vodafone Idea's AGR offers relief but raises questions on state-backed rescues

2 mins

Promise and precarity

NEED FOR URGENT OVERHAUL, BACKED BY LEGAL RECOGNITION, SOCIAL PROTECTION AND ACTIVE GOVERNANCE

4 mins

Looking east with confidence

At a time of heightened Sino-US rivalry, India must engage more with Southeast Asia as that will provide a template to join mega-regional groupings like RCEP and CPTPP

3 mins

Keeping it simple

IT STARTS WITH a quiet scroll. Gen Z consumers fly through their feed, absorbing and discarding a blur of trending sounds, rapid cuts, and bold visuals. Then something makes them pause. What stops them is authenticity, content that feels natural, not manufactured.

2 mins

The Badshah of bankability

BRANDS CAN PICK UP LESSONS ON AUTHENTICITY & CONTINUOUS REINVENTION FROM SRK

3 mins

Dick Cheney, former US vice president, dies

DICK CHENEY, A driving force behind the US invasion of Iraq in 2003 who was considered by presidential historians as one of the most powerful vice presidents in US history, has died at age 84, his family said in a statement on Tuesday.

1 mins

BP profit beats expectations in Q3

OIL MAJOR BP reported a smaller than expected fall in third-quarter underlying profit on Tuesday as a strong performance at all divisions led by refining helped to offset the impact of lower crude prices.

1 mins

Centre turns wary of green power bids

THE GOVERNMENT MAY also review the green shoe option, that is, the flexibility to SECI and procuters to raise the total contracted capacity from beyond the originally awarded level.

2 mins

Key elections across US pose early test for Trump 2.0

VOTERS IN NEW Jersey and Virginia will choose their next governors on Tuesday in a pair of races that will serve as an early gauge of the American electorate’s response to President Donald Trump’s norm-shattering nine months in office.

2 mins

Norway wealth fund to oppose Musk’s $1-trn Tesla pay deal

NORWAY'S SOVEREIGN WEALTH fund, the world’s largest, would vote against ratifying Tesla CEO Elon Musk’s proposed compensation package,containing shares worth up to $1 trillion, at an AGM this week.

1 mins

Xi pushes for enhanced economic ties with Russia

CHINA'S PRESIDENT XI Jin-ping on Tuesday sought to expand mutual investment with Russia and affirmed Beijing’s commitment to advance ties despite“turbulent” external conditions, Chinese state media reported.

1 mins

No rate cut until March 2026: Setty

STATE BANK OF INDIA Chairman CS Setty is not expecting a rate cut in the upcoming December Monetary Policy. At the same time, he continues to maintain a cautious stance amid evolving macroeconomic signals.

1 mins

Airtel to approach govt for relief

FROM THE FRONT PAGE

1 mins

Mamata tears into BJP, EC over SIR

MOUNTING A BLISTERING attack on the BJP and the EC, West Bengal Chief Minister Mamata Banerjee on Tuesday accused them of turning the ongoing Special Intensive Revision (SIR) of voterlists into a political tool for a “silent, invisible rigging” ahead of the 2026 Assembly polls.

1 mins

MARKED BY PERSONAL ATTACKS Bihar polls: Campaign for first phase ends

THE HIGH-VOLTAGE CAMPAIGN for the first phase of the Bihar assembly elections, covering 121 constituencies, ended on Tuesday evening, after weeks of acrimonious exchanges, personal attacks, and divisive rhetoric.

2 mins

EU attempts new targets ahead of COP30

THE EUROPEAN UNION is attempting to forge new climate goals on Tuesday before the UN climate talks in Brazil starting next week.

1 mins

Gopichand Hinduja, architect of a global empire, passes away

HINDUJA GROUP CHAIRMAN Gopichand P Hinduja, the second of the four Hinduja brothers who built one of India’s largest business empires, passed away at the age of 85 at a London hospital on Tuesday.

2 mins

Israel calls for long-term strategic ties with India

VISITING FOREIGN MINISTER SAYS WON’T COMPROMISE ON HAMAS

3 mins

Read all Stories from Financial Express Mumbai

Financial Express Mumbai Description:

Publisher: The-Indian-Express-Ltd.

Category: Newspaper

Language: English

Frequency: Daily

Financial Express Mumbai is your ultimate guide to business and finance. Financial Express Mumbai brings you the latest business news, market insights, and economic trends straight from India’s financial capital. Stay updated on stock market movements, corporate developments, RBI policies, and the ever-evolving world of startups and technology. With expert analysis and in-depth reports, this newspaper is a must-read for investors, professionals, and business enthusiasts.

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