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Financial Express Kochi

Insolvency proceedings begin against BluSmart

The National Company Law Tribunal (NCLT) has initiated insolvency proceedings against ride-hailing platform BluSmart Mobility on a plea by financial creditor Catalyst Trusteeship for a loan default of ₹1.3 crore.

1 min  |

July 30, 2025

Financial Express Kochi

Black money law: ₹35,104-cr tax demands raised in 10 yrs

THE GOVERNMENT HAS raised a tax demand of ₹35,104 crore under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 over the last decade, Minister of State for Finance Pankaj Chaudhary said in Rajya Sabha on Tuesday.

1 min  |

July 30, 2025

Financial Express Kochi

Zepto revenue rises 149% to ₹11,110 crore in FY25

Elcid Investments increases stake with ₹7.5-crore funding

1 min  |

July 30, 2025

Financial Express Kochi

Apple to close a retail store in China for first time ever

APPLE IS CLOSING a retail store in China for the first time, marking a notable retreat in a market where the iPhone maker is striving to revive sales.

2 min  |

July 30, 2025

Financial Express Kochi

India Inc to Offer Average Pay Hike of 6.2-11.3%: Teamlease

CORPORATE INDIA IS expected to dole out average salary hikes in the range of 6.2% to 11.3% this fiscal, as employers are reshaping their workforce strategies by focusing more on skill certification and incentive-led engagement, a report said on Tuesday.

1 min  |

July 30, 2025

Financial Express Kochi

Amazon's AI coding revealed dirty little secret

CODERS WHO USE artificial intelligence to help them write software are facing a growing problem, and Amazon.com is the latest firm to fall victim.

3 min  |

July 30, 2025

Financial Express Kochi

Trumpian criticism of Fed policy

In Trump's world, there is no Taylor rule or anything like it; there is just the demand for lower rates when he thinks it will benefit him

4 min  |

July 30, 2025

Financial Express Kochi

NSE PAT rises 10% on volume recovery

THE NSE on Tuesday posted a 10% sequential rise in its profit after tax (PAT) in the first quarter of this fiscal at ₹2,924 crore.

1 min  |

July 30, 2025

Financial Express Kochi

Centre pegs 9.4% growth in FY26 cess, surcharge collections at ₹5.91L-cr

THE CENTRAL GOVERNMENT has budgeted to collect about ₹5.91 lakh crore from cess and surcharge in the current fiscal, a 9.43% growth over the collections in FY25, Parliament was informed on Tuesday.

1 min  |

July 30, 2025

Financial Express Kochi

India Buys Record Soy Oil From China In Rare Move

INDIAN IMPORTERS HAVE bought a record 150,000 metric tons of soyoil from China in rare purchases, as a supply glut prompted Chinese crushers to sell at a discount to India's traditional suppliers from South America, four trade sources said.

1 min  |

July 30, 2025

Financial Express Kochi

Sebi Eases NRI Trading Norms in Derivatives

MARKETS REGULATOR SEBI on Tuesday decided to abolish the mandatory requirement for NRIs to notify the names of clearing members or obtain a custodial participant (CP) code for trading in derivatives.

1 min  |

July 30, 2025

Financial Express Kochi

Airtel gains momentum in subscriber addition: Trai

Reliance Jio added 1.9 million new users in June, according to subscriber data released by the Telecom Regulatory Authority of India (Trai).

1 min  |

July 30, 2025

Financial Express Kochi

High provisions, poor asset quality hit pvt banks in Q1

Falling asset quality, rising provisions and continuing pressure on net interest took a toll on the earnings of private sector banks in the first quarter of FY26.

2 min  |

July 30, 2025

Financial Express Kochi

Tilaknagar to Raise ₹2,296 Cr for Acquiring Imperial Blue

TILAKNAGAR INDUSTRIES ON Tuesday said that its board had approved a preferential issue of securities — equity shares and warrants — amounting to approximately ₹2,296 crore to fund the acquisition of the Imperial Blue business.

1 min  |

July 30, 2025

Financial Express Kochi

Shapoorji Pallonji gets RBI waiver on pvt credit deal

THE SHAPOORJI PALLONJI Group has secured a key regulatory waiver from the Reserve Bank of India (RBI), easing pressure on its landmark $3.4-billion private credit deal and averting an increase in the cost of that borrowing, according to people familiar with the matter.

1 min  |

July 30, 2025

Financial Express Kochi

When Coke & Pepsi fought for supremacy in space

IN SPACE TRAVEL, the firsts are often what matter most: the first woman in orbit and the first man to walk on the moon, or, less famously, the first time astronauts grabbed a wobbling satellite with their hands.

2 min  |

July 30, 2025

Financial Express Kochi

AIFs offer opportunities in under-researched areas that yield higher returns'

Shailesh Agrawal, chief investment officer (CIO), Alternates, at IIFL Oswal Financial Services (MOFSL), is responsible for ₹5,831 crore worth of portfolio management (PMS) and ₹2,999 crore in alternate investments (AIFs), as of June 30, 2025.

3 min  |

July 30, 2025

Financial Express Kochi

Union Pacific to acquire Norfolk in $85-bn deal

TIE-UP UNDERWAY

1 min  |

July 30, 2025

Financial Express Kochi

Lodha unveils hospitality brand

The House of Abhinandan Lodha (HOABL) on Tuesday launched its luxury hospitality brand Miros Hotels & Resorts.

1 min  |

July 30, 2025

Financial Express Kochi

Not an ad, it's a conversation starter

Why this ad stands out: The campaign completely strips away all conventional packaging cues and branding, replacing them with a minimalist design.

1 min  |

July 30, 2025

Financial Express Kochi

Unethical practices by some lenders eroding public trust: RBI DG

RESERVE BANK OF India (RBI) deputy governor Swaminathan J has said intense competitive pressures and a desire to project short-term success are making some banks and non-banking finance companies adopt unethical practices.

1 min  |

July 30, 2025

Financial Express Kochi

Varun Beverages posts 5% rise in Q1 profit

PEPSICO BOTTLER VARUN Beverages reported a higher-than-expected increase in its net profit during April-June quarter even as revenue fell on account of unseasonal rains dampening sales.

1 min  |

July 30, 2025

Financial Express Kochi

Boult co-founder flags industry bias

VARUN GUPTA, Co-FOUNDER and CEO of Boult, has publicly accused leading players in the audio industry of engaging in what he describes as \"monopolistic practices\" and \"anti-competitive behaviour\" aimed at undermining his company's progress.

1 min  |

July 30, 2025

Financial Express Kochi

Rice Exporters Eye Windfall as Bangladesh Floats Tender

Domestic prices of non-basmati varieties rise 10%

1 min  |

July 30, 2025

Financial Express Kochi

Kiran Desai on Booker longlist again

BOOKER PRIZE-WINNING AUTHOR Kiran Desai on Tuesday returned to the coveted literary award longlist with 'The Loneliness of Sonia and Sunn', a novel described by the judges as a \"vast and immersive\" tale about a pair of young Indians in America.

1 min  |

July 30, 2025

Financial Express Kochi

End ad hoc PSF funding: Panel

A PARLIAMENTARY PANEL on Tuesday urged the Department of Consumer Affairs to reduce its reliance on ad hoc funding arrangements for the Price Stabilisation Fund (PSF) and to conduct a thorough assessment of price volatility in agricultural commodities.

1 min  |

July 30, 2025

Financial Express Kochi

AI-led disruption may trigger more layoffs: Nasscom

Inflection Point

1 min  |

July 30, 2025

Financial Express Kochi

L&T profit beats Street, up 30%

ENGINEERING AND CONSTRUCTION major Larsen & Toubro (L&T) posted a 30% jump in net profit at ₹3,617 crore in the first quarter of FY26 compared with ₹2,786 crore in the year-ago period, beating analyst estimates.

2 min  |

July 30, 2025

Financial Express Kochi

Benchmarks snap 3-day losing run

SNAPPING A THREE-DAY losing run, the Sensex rebounded by nearly 447 points on Tuesday after value buying in blue-chip Reliance Industries and financial shares.

1 min  |

July 30, 2025

Financial Express Kochi

Boeing, Saab in talks with BAE on UK jet trainer bid

BOEING'S QUARTERLY LOSS more than halved and was much smaller than analysts expected as the US planemaker ramped up jet deliveries, recovering from a regulatory crisis and a major strike that halted most production last year.

1 min  |

July 30, 2025