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Financial Express Lucknow

Oyo Most Profitable Startup in FY25: CEO

GLOBAL TRAVEL TECH platform OYO has become the most profitable Indian startup with a profit after tax of ₹623 crore in FY25, founder and CEO Ritesh Agarwal told employees in a townhall on Thursday, sources said.

1 min  |

May 09, 2025

Financial Express Lucknow

Heightened credit risks for India, Pakistan: S&P

The hostilities between India and Pakistan heighten risks to the credit metrics of both countries, and any escalation in clashes would put downward pressure on sovereign credit support, S&P Global Ratings said on Thursday.

1 min  |

May 09, 2025

Financial Express Lucknow

RIL exits trademark bid for Operation Sindoor

This category typically covers entertainment and media services, including film production, online content, education, and cultural programming.

1 min  |

May 09, 2025

Financial Express Lucknow

Bill Gates pledges to give away $200 billion by 2045

BILL GATES PLEDGED on Thursday to give away almost his entire personal wealth in the next two decades and said the world's poorest would receive some $200 billion via his foundation at a time when governments worldwide are slashing international aid.

1 min  |

May 09, 2025

Financial Express Lucknow

EU to target US cars, planes

US PRESIDENT DONALD Trump and British Prime Minister Keir Starmer on Thursday announced a \"breakthrough deal\" on trade that leaves in place a 10% tariff on goods imported from the UK while Britain agreed to lower its tariffs to 1.8% from 5.1% and provide greater access to US goods.

2 min  |

May 09, 2025

Financial Express Lucknow

Canara Bank profit up 33% on rising fee income, recoveries

CANARA BANK ON Thursday reported a 33% year-on-year rise in its net profit to ₹5,004 crore for the fourth quarter of FY25, its highest-ever net profit in a single quarter.

2 min  |

May 09, 2025

Financial Express Lucknow

Govt says UK FTA has enough safeguards

AFTER SIGNING, THE ratification process of the FTA would take another year in the UK's Parliament and only after that it would be ready for implementation, he added.

1 min  |

May 09, 2025

Financial Express Lucknow

Paytm CEO settles ESOP case with Sebi

Sharma barred from accepting any ESOP for 3 years; pays ₹1.1 crore as settlement fees

1 min  |

May 09, 2025

Financial Express Lucknow

Rupee Slumps 81p in Steepest Single-Day Fall in Over 2.5 Years

The rupee saw its steepest single-day fall in more than two-and-a-half years and settled 81 paise lower at 85.58 against the US dollar on Thursday, weighed down by heightened geopolitical tensions between India and Pakistan.

1 min  |

May 09, 2025

Financial Express Lucknow

IPO impasse: NSE denies seeking govt intervention

The National Stock Exchange (NSE) has urged the finance ministry to intervene in the years-long standoff with the Securities and Exchange Board of India (Sebi) over its planned initial public offering (IPO), three sources with direct knowledge of the matter said, but the exchange has denied seeking the government intervention.

1 min  |

May 09, 2025

Financial Express Lucknow

New rules to keep a check on predatory pricing by e-tailers

TOUGHER NORMS

1 min  |

May 09, 2025

Financial Express Lucknow

Hardcore terrorists among 100 killed in strikes: Rajnath

HARDCORE TERRORISTS WERE among at least 100 killed in strikes carried out by the armed forces on terror camps inside Pakistan and Pakistan Occupied Kashmir, defence minister Rajnath Singh is learnt to have told an all-party meeting on Thursday even as he underlined that the \"intended objectives\" of Operation Sindoor had been achieved.

1 min  |

May 09, 2025

Financial Express Lucknow

Telecom tariff hikes likely in second half of this fiscal

TELECOM OPERATORS MAY consider another round of tariff hikes in the second half of the current fiscal year, as subscriber additions stabilise and the impact of the July 2024 hikes begins to wear off, according to analysts.

1 min  |

May 09, 2025

Financial Express Lucknow

Titan Q4 profit up 13%; revenue beats estimates

TITAN COMPANY'S CONSOLIDATED net profit increased 13% in the fourth quarter of financial year 2024-25.

1 min  |

May 09, 2025

Financial Express Lucknow

Services Sector Shines in Export Basket

SERVICES HAVE RAISED their share in India's total exports over the last decade, reports Saikat Neogi.

1 min  |

May 09, 2025

Financial Express Lucknow

REC eyes nuclear space, sees ₹12L-cr lending opportunity

State-owned firm posts 5.6% rise in net profit in Q4FY25

2 min  |

May 09, 2025

Financial Express Lucknow

Reliance Power Converts Warrants, Allots ₹348-Cr Shares

RELIANCE POWER HAS allotted 105.5 million equity shares to its promoter company and an investor through conversion of warrants, the company said on Wednesday.

1 min  |

May 08, 2025

Financial Express Lucknow

Dalal Street holds its own on volatile day

ELEVEN OF THE 13 major sectors posted gains and the breadth of the market was positive with 2,206 gainers versus 1,683 losers.

1 min  |

May 08, 2025

Financial Express Lucknow

Dabur profit down 8.4% to ₹320 cr, misses estimates

Dabur India on Wednesday reported an 8.4% year-on-year decline in net profit for the January-March quarter, at ₹320.13 crore.

1 min  |

May 08, 2025

Financial Express Lucknow

Rupee slumps 40p, most in a month

THE RUPEE WEAKENED on Wednesday to log its worst single-day decline in a month as worries over an escalation in geopolitical conflict between India and Pakistan hit sentiment alongside a fall in Asian peers.

1 min  |

May 08, 2025

Financial Express Lucknow

China Injects Monetary Stimulus to Shore Up Tariff-Hit Economy

Beijing enhances stock market aid tools; shares jump

2 min  |

May 08, 2025

Financial Express Lucknow

FMCG demand to pick up: Godrej Consumer

CONSUMER DEMAND WITHIN the domestic fast-moving consumer goods (FMCG) market is likely to improve in the next 12-18 months, Sudhir Sitapati, MD & CEO, Godrej Consumer (GCPL), said on Wednesday, as benign food inflation, fiscal and welfare measures by the government as well as likely Pay Commission increase may leave more money in the hands of people.

2 min  |

May 08, 2025

Financial Express Lucknow

China's Factories Start to Imagine a World Without American Buyers

FOR MORE THAN 20 years, Chinese entrepreneur Sandy Zeng built a pet products business selling feeding bowls and toys to American homes. He's now looking hard at cats and dogs in other markets.

1 min  |

May 08, 2025

Financial Express Lucknow

Jewellery startup GIVA doubles topline in FY25

SHINING BRIGHT

1 min  |

May 08, 2025

Financial Express Lucknow

SAT Refuses to Stay Sebi's Interim Ban on Gensol

Gensol said Sebi order is \"illegal, unjustified and unwarranted,\" and fails to meet the statutory threshold for issuing such interim directions without a hearing

1 min  |

May 08, 2025

Financial Express Lucknow

Jewellery exports likely to surge to $2.5 bn in 2 years

The FTA is likely to give a significant impetus to gems and jewellery exports to the UK from India.

1 min  |

May 08, 2025

Financial Express Lucknow

Coal India Q4 profit up 12%

STATE-OWNED Coal India on Wednesday reported a 12.4% increase in its consolidated net profit in the March quarter at ₹9,592.53 crore compared with ₹8,530.39 crore in Q4FY24.

1 min  |

May 08, 2025

Financial Express Lucknow

India Requires $2.5 Trillion for Climate Finance

Draft taxonomy framework skips tax measures

1 min  |

May 08, 2025

Financial Express Lucknow

Funding Uptick: Korean Beauty Space Raises $4.9 Mn in 4 Months

K-BEAUTY, THE South Korean beauty movement known for its innovative skincare routines and high-quality cosmetics, is showing signs of funding revival as a sector globally with $4.9 million raised in just four months of 2025.

1 min  |

May 08, 2025

Financial Express Lucknow

Exclusion of dairy comes as a relief

Tea, processed food shipments to rise; no gain for rice exporters

1 min  |

May 08, 2025