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Financial Express Lucknow

Tesla's Brand Loyalty Hit After Musk Backed Prez Trump

TESLA FOR YEARS had more repeat US customers than any other major automotive brand, but its loyalty has plunged since CEO Elon Musk endorsed President Donald Trump last summer, according to data from research firm S&P Global Mobility shared exclusively with Reuters.

1 min  |

August 05, 2025

Financial Express Lucknow

Foxconn agrees $375 mn Lordstown plant sale

TAIWAN'S FOXCONN SAID on Monday it had struck a deal to sell a former car factory at Lordstown, Ohio, for $375 million, including its machinery, but said it would continue to use the site to make a broader range of products aligned with its strategic priorities.

1 min  |

August 05, 2025

Financial Express Lucknow

Over 3K Boeing fighter jet staff go on strike

More than 3,200 union members who assemble Boeing's fighter jets in the St. Louis area and Illinois went on strike on Monday after rejecting a second contract offer the previous day.

1 min  |

August 05, 2025

Financial Express Lucknow

JSW Steel, Japan partner to deploy ₹5.8K cr capex

Steel capacity to rise to 350,000 tonne per annum

1 min  |

August 05, 2025

Financial Express Lucknow

Shifting gears in India's energy transition

With a few more bold policy shifts, especially on enabling supply and demand flexibility, and digital innovation paving the way, we are in for an exciting journey

4 min  |

August 05, 2025

Financial Express Lucknow

Delhi Assembly goes paperless

BJP AND AAP MLAs congratulated Delhi Assembly Speaker Vijender Gupta for making the House proceedings paperless, though AAP members also questioned the absence of the Question Hour as the Monsoon Session began here on Monday.

1 min  |

August 05, 2025

Financial Express Lucknow

Russian crude flows to India despite US, EU pressure

Deliveries Continuing As Normal

2 min  |

August 05, 2025

Financial Express Lucknow

GST evasion of ₹7.08L cr found in last 5 yrs: Govt

THE CENTRE HAS detected Goods and Service Tax evasion of about ₹7.08 lakh crore in the last five years, including input tax credit fraud of ₹1.79 lakh crore, the finance ministry informed Lok Sabha on Monday.

1 min  |

August 05, 2025

Financial Express Lucknow

Metal, IT, auto counters drive equity benchmarks

SHARES REBOUND

1 min  |

August 05, 2025

Financial Express Lucknow

Sebi seeks to ease norms for related-party deals

Proposes to raise transaction limit for shareholder nod

1 min  |

August 05, 2025

Financial Express Lucknow

Trump Tariffs to Bring Down Exports to US by 30%: GTRI

India's merchandise exports to the US are projected to contract 30% on-year to $60.6 billion this financial year due to the additional 25% tariffs imposed on India by President Donald Trump, a report said.

2 min  |

August 05, 2025

Financial Express Lucknow

More capital can compress gestation periods

As India positions itself as a key player in global supply chains, a new wave of manufacturing startups is emerging.

1 min  |

August 05, 2025

Financial Express Lucknow

JMM founder Shibu Soren dies at 81

He had only brief stints in office as Union minister and chief minister because of recurrent legal troubles and coalition frictions, but Shibu Soren the politician left an indelible mark on Jharkhand politics as a key figure of the decades-long movement that ultimately led to the state's formation in 2000.

1 min  |

August 05, 2025

Financial Express Lucknow

LTIMindtree bags PAN 2.0 project

THE INCOME TAX department has roped in LTIMindtree through a competitive bidding process to execute the PAN (Permanent Account Number) 2.0 project at an estimated bid value of ₹792 crore, sources said.

1 min  |

August 05, 2025

Financial Express Lucknow

Tesla Grants Musk $29 Billion in Shares

HEFTY PACKAGE

2 min  |

August 05, 2025

Financial Express Lucknow

Marico profit up 9% in Q1; input costs drag margin

Marico on Monday reported higher-than-expected June quarter profit and revenue growth, even as margins slipped due to elevated copra prices.

1 min  |

August 05, 2025

Financial Express Lucknow

Aditya Birla Capital consolidated PAT rises 10% in Q1

ADITYA BIRLA CAPITAL on Monday reported a 10% year-on-year (y-o-y) rise in its consolidated net profit to ₹835 crore for the June quarter, boosted by a robust performance from its subsidiaries.

1 min  |

August 05, 2025

Financial Express Lucknow

Tata Power Eyes Growth in Rooftop Solar

COMPANY DELIVERS STRONG Q1 PERFORMANCE

2 min  |

August 05, 2025

Financial Express Lucknow

Harley-Davidson Names New CEO

HARLEY-DAVIDSON SAID on Monday that Topgolf's Arthur Starrs would succeed Jochen Zeitz as CEO, to help steer the storied motorcycle maker through US tariffs and slowing demand for its cruiser bikes.

1 min  |

August 05, 2025

Financial Express Lucknow

New India script a miracle at Oval

MOHAMMED SIRAJ, THE tireless warrior, would run in to bowl the first ball of his 186th over of this series like the wind.

3 min  |

August 05, 2025

Financial Express Lucknow

Tata Motors CFO Balaji to be first Indian to head JLR

TATA MOTORS-OWNED Jaguar Land Rover (JLR) on Monday announced the appointment of PB Balaji as Chief Executive Officer from November 2025, making him the first Indian to head the British luxury carmaker.

1 min  |

August 05, 2025

Financial Express Lucknow

Govt mulls product-specific support to counter US levy

THE EXACT NATURE of the sops are yet to be determined, although it may be in the form of enhanced outlay for tax remission schemes or marketing support or interest subvention or a judicious combination of these.

2 min  |

August 05, 2025

Financial Express Lucknow

DLF profit up 18%; misses estimates

MISSING ANALYST ESTIMATES, DLF posted an 18% jump in net profit at ₹763 crore in Q1FY26. Analysts had estimated a profit of ₹879 crore.

1 min  |

August 05, 2025

Financial Express Lucknow

Headhunter Suggests 11 CGMs for ED Posts in PSBs

The Financial Services Institutions Bureau (FSIB), the headhunter for directors of state-owned banks and financial institutions, on Monday recommended elevating 11 chief general managers (CGMs) to the post of executive directors in various banks.

1 min  |

August 05, 2025

Financial Express Lucknow

Australia Lifts Foreign Student Ceiling by 9%

Country to prioritise SE Asia applicants

1 min  |

August 05, 2025

Financial Express Lucknow

RBI's MPC Starts Deliberations on Bimonthly Policy

The RBI Governor Sanjay Malhotra-headed rate-setting panel on Monday started the three-day deliberations to decide the next bi-monthly monetary policy amid expectations of a pause in the rate easing cycle.

1 min  |

August 05, 2025

Financial Express Lucknow

Balaji to head JLR

THE SEARCH FOR a suitable candidate to lead JLR was undertaken by the board of Tata Motors for the past few months.

1 min  |

August 05, 2025

Financial Express Lucknow

New rules launched for import of drugs

The Central Drugs Standard Control Organisation (CDSCO) has launched a new set of rules for obtaining no-objection certificates (NOC) for the import of drugs in bulk for non-medicinal use.

1 min  |

August 05, 2025

Financial Express Lucknow

A Geoeconomic Tool

S Reciprocal Tariffs are kicking in from August 7. India is one of those few countries which are yet to reach a deal with the US.

3 min  |

August 05, 2025

Financial Express Lucknow

M&M closes in on Maruti in utility vehicle segment

MAHINDRA AND MAHINDRA (M&M) has swiftly closed in on Maruti Suzuki in the utility vehicle (UV) space, inching closer to the leadership position on the back of some best-selling launches.

2 min  |

August 05, 2025