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Financial Express Lucknow

Cognizant posts $5.25-bn revenue, beats estimates

NASDAQ-LISTED Cognizant reported better-than-expected second-quarter results, with revenues growing 8.1% year-on-year to $5.25 billion and net profits rising 14% y-o-y to $645 million.

2 min  |

August 01, 2025

Financial Express Lucknow

Priya Nair takes over today; she is perfectly cast for role, says Jawa

THE COUNTRY'S LARGEST consumer goods company Hindustan Unilever (HUL) believes the domestic FMCG market has come out of a difficult period of low growth and will continue to recover on favourable macroeconomic fundamentals, including good rainfall, income tax cuts, lower repo rates and benign food inflation.

1 min  |

August 01, 2025

Financial Express Lucknow

Big Tech Is Spending More on AI, But Investors Love It

Returns Are Rising, Too

3 min  |

August 01, 2025

Financial Express Lucknow

RBI Shuns Fixed-Rate Liquidity Operations

The Reserve Bank of India (RBI) is unlikely to reintroduce the policy of lending money daily to banks at a fixed rate, despite increased clamour for it from market participants, three sources said on Thursday.

1 min  |

August 01, 2025

Financial Express Lucknow

I-T searches at Jane Street, Nuvama's Mumbai offices

THE INCOME TAX (I-T) department on Thursday conducted search operations at the Mumbai offices of US-based trading firm Jane Street and its local partner Nuvama Wealth Management.

1 min  |

August 01, 2025

Financial Express Lucknow

The Opportunity in Tariff War

In today's fragmented economy, tariffs have evolved from mere protectionist barriers to instruments of geopolitical strategy.

4 min  |

August 01, 2025

Financial Express Lucknow

Sun Pharma profit falls 20%

SUN PHARMACEUTICAL INDUSTRIES on Thursday reported a 20% year-on-year decline in consolidated net profit to ₹2,279 crore for the first quarter ended June 30.

1 min  |

August 01, 2025

Financial Express Lucknow

Tata Motors to leapfrog in tech, products on Iveco buy

The ₹38,000-crore acquisition of Iveco will help Tata Motors triple revenue and quadruple profitability while leapfrogging years of gestation period required to develop products, technology and consumer markets, top company officials said on Thursday.

2 min  |

August 01, 2025

Financial Express Lucknow

Unilever Beats Sales Forecasts as Ice Cream Biz Shines

DOVE SOAP MAKER Unilever beat forecasts for second-quarter underlying sales growth on Thursday, citing strong demand at its ice cream business, which it will spin off later this year as part of an ongoing reorganization.

1 min  |

August 01, 2025

Financial Express Lucknow

For Trump, India's the easiest target to find leverage against Putin

AN STRUMPF, SHRUTI SRIVASTAVA, PHILIP J. EIJMANS & RUCHI BHATIA

5 min  |

August 01, 2025

Financial Express Lucknow

Large IPOs: Sebi Proposes Cutting Retail Portion

The Securities and Exchange Board of India (Sebi) on Thursday floated a consultation paper proposing changes to the structure of large initial public offerings (IPOs), including increasing the allocation limit for institutional buyers and cutting the share of retail investors.

1 min  |

August 01, 2025

Financial Express Lucknow

Trump-Pak oil pact unlikely to hit India's import flow

US President Donald Trump on Thursday signed a new energy deal with Pakistan to explore and develop the latter's oil reserves, claiming that Islamabad might export oil to India \"someday.\"

1 min  |

August 01, 2025

Financial Express Lucknow

Textile, leather exporters pin hopes on BTA

THE 25% US tariff on Indian merchandise imports has jolted the country's $37-billion textile and apparel export industry, dashing hopes of gaining ground in the world's largest apparel market and wresting share from key rivals like China, Bangladesh, and Vietnam.

1 min  |

July 31, 2025

Financial Express Lucknow

Over-engineering MIIs

Governance Push WHAT IS MOST CONCERNING TO MANY IS THAT SEBI'S PROPOSED REFORMS COULD ERODE BOARD AUTHORITY

4 min  |

July 31, 2025

Financial Express Lucknow

L&T could beat FY26 order inflows target: Brokerages

New High

1 min  |

July 31, 2025

Financial Express Lucknow

Duty-free access for electronics in US retained

Smartphones, laptops, servers out of tariff net

1 min  |

July 31, 2025

Financial Express Lucknow

Land Monetisation by Railways Crosses ₹3,100 Cr in FY25

THE INDIAN RAILWAYS has earned ₹3,129 crore in FY25 from monetising its land bank for commercial purposes, which is 16% higher than the previous year, railways minister Ashwini Vaishnaw told Parliament on Wednesday.

1 min  |

July 31, 2025

Financial Express Lucknow

DGCA finds 263 safety lapses in airline audits

The Directorate General of Civil Aviation (DGCA) found 263 safety-related lapses across various operators in their annual audits, but underscored that that higher number of lapses — particularly in the case of airlines with extensive networks and large aircraft fleets — is \"entirely normal\" given the breadth and depth of their operations rather than any unusual lapse.

1 min  |

July 31, 2025

Financial Express Lucknow

Volcano in Russia's far east erupts

The Klyuchevskoy volcano on Russia's Kamchatka peninsula began erupting after Wednesday's powerful earthquake in the Pacific, a geological monitoring service said.

1 min  |

July 31, 2025

Financial Express Lucknow

Benchmarks brace for Trump tariff turbulence

How Sensex Reacted To US President's Announcements

2 min  |

July 31, 2025

Financial Express Lucknow

China's AI Strategy Relies on Frenzy and Frenemies

WANDERING THROUGH THE halls of China's top artificial intelligence summit this week, I overheard heated debates on some of the thorniest issues facing the sector: How do we solve the problem of interoperability if hundreds of companies are launching their own AI agents? Which large language models are the most developer-friendly to build apps on? Are humanoids tools or companions?

2 min  |

July 31, 2025

Financial Express Lucknow

SUVs, tractors drive M&M profit up 32%

MAHINDRA & MAHINDRA (M&M) posted a 32% year-on-year (y-o-y) surge in standalone net profit to ₹3,450 crore in the June quarter, helped by a richer product mix in the SUV category and a better average selling price in the tractor segment.

1 min  |

July 31, 2025

Financial Express Lucknow

DLI scheme needs rejig, say experts

THE DESIGN-LINKED INCENTIVE (DLI) scheme, a key component of India's ₹76,000-crore semiconductor incentive programme, needs urgent revamp to better align with the capital-intensive reality of chip design, said Ajai Chowdhry, co-founder of HCL & EPIC foundation.

1 min  |

July 31, 2025

Financial Express Lucknow

Retail leasing in malls rises 69%: JLL

LEASING OF RETAIL spaces in shopping malls and high streets rose 69% to 5.7 million sq ft in the January-June period across seven major cities on better demand from both domestic and foreign retailers, according to JLL India.

1 min  |

July 31, 2025

Financial Express Lucknow

Hybrids' approach...

HYBRID ADOPTION is accelerating despite a limited product lineup, fewer than a dozen models from just four automakers: Toyota, Lexus, Maruti Suzuki, and Honda.

1 min  |

July 31, 2025

Financial Express Lucknow

Power Grid Q1 Profit Falls 2.5%

STATE-OWNED POWER transmission company Power Grid Corporation of India on Wednesday registered a fall of 2.5% in its consolidated net profit for the first quarter of the financial year 2025-26 at ₹3,630.58 crore from ₹3,723.92 crore in Q1FY25.

1 min  |

July 31, 2025

Financial Express Lucknow

Satcom spectrum rules set for Aug release

THE RULES FOR allocation of spectrum for satellite communications (satcom) services are likely to be finalised in the first two weeks of August, a senior official at the Department of Telecommunications (DoT) told FE on Wednesday.

1 min  |

July 31, 2025

Financial Express Lucknow

PwC: Tax, rate cuts to help India's economy grow 6.5% in FY26

INDIA'S ECONOMIC GROWTH will likely be around 6.5% in 2025-26, aided by a lower interest rate regime, income tax cuts and a likely improvement in urban demand, PwC India experts said on Wednesday.

1 min  |

July 31, 2025

Financial Express Lucknow

Market manipulation or legit short-selling?

The Jane Street episode is not about hedging, as it claims, but manipulation. The profits it made clearly indicate that the purpose was to pump and dump the stocks

4 min  |

July 31, 2025

Financial Express Lucknow

Avenue Supermarts to double down on store expansion

Targets opening 50 stores in FY26, focus on the north

2 min  |

July 31, 2025