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Financial Express Bengaluru

InMobi founders buy back SoftBank’s $250 mn stake

ADTECH-TO-CONSUMER-TECH firm InMobi is buying back a majority of early investor SoftBank’s stake after the company and its founders raised $350 million in debt, according to people familiarwith the matter.

1 min  |

December 05, 2025

Financial Express Bengaluru

‘Cheaper imports ebb as new rules boost our position’

JP CHALASANI , GROUP CEO, SUZLON ENERGY

2 min  |

December 05, 2025

Financial Express Bengaluru

Cayman Islands seeking pacts with Sebi, IFSCA on info sharing

THE CAYMAN ISLANDS Monetary Authority (CIMA) on Thursday announced that it is exploring a series of proposed memoranda of understanding (MoUs) with the Securities and Exchange Board of India (Sebi) and the International Financial Services Centres Authority (IFSCA), the regulator for GIFT City.

2 min  |

December 05, 2025

Financial Express Bengaluru

Indices recover after 4-day fall

SNAPPING THE FOUR-day losing run, benchmark stock indices Sensex and Nifty rebounded on Thursday on buying in tech and IT shares.

1 min  |

December 05, 2025

Financial Express Bengaluru

Share roadmap for restoring normalcy, DGCA tells IndiGo

Airline expects full stabilisation by February 2026

1 min  |

December 05, 2025

Financial Express Bengaluru

Nifty may hit 29,000 next year: BofA Securities

Benchmark to offer 11.4% upside in CY26

1 min  |

December 05, 2025

Financial Express Bengaluru

Fitch raises growth forecast to 7.4%

FITCH RATINGS HAS raised India’s GDP growth forecast for FY26 to 7.4% from 6.9% estimated earlier, citing stronger-than-expected economic momentum and robust domestic demand.

1 min  |

December 05, 2025

Financial Express Bengaluru

Arrest warrant against Hasina’s son

issued an arrest warrant against deposed prime minister Sheikh Hasina's expatriate son Sajib Wajed Joy, a month after sentencing his mother to death on charges of committing crimes against humanity.

1 min  |

December 05, 2025

Financial Express Bengaluru

BPSL restructuring to drive margin gains for JSW Steel

The sale of BPSL's steel business removes an estimated ₹37,250-crore debt from JSW Steel's consolidated books

1 min  |

December 05, 2025

Financial Express Bengaluru

Slips toward 92 mark soon

UNCERTAINTY OVER the timing of the US-India trade deal is fuelling rupee volatility and it could push the currency to as low as 92/$, the head of treasury at HDFC Bank said. “The current account deficit is up, there are outflows from local equities so in the genuine supply side there is an issue which is coming in,” said Arup Rakshit, group head of treasury at HDFC Bank. —REUTERS

1 min  |

December 05, 2025

Financial Express Bengaluru

BAT to offload ITC Hotels stake

BRITISH AMERICAN TOBACCO (BAT) will pare its shareholding in ITC Hotels, the company said on Thursday, adding that it was looking to offload 7-15.3% of its stake via block deals.

1 min  |

December 05, 2025

Financial Express Bengaluru

Power demand cools, spot prices down 9%

LOW OFFTAKE

1 min  |

December 05, 2025

Financial Express Bengaluru

Ujjivan aims for ₹4,000-crore gold loan book

UJJIVAN SMALL FINANCE Bank, which has a strong microfinance base, is targeting aten-fold expansion of its gold loan portfolio to ₹4,000 crore over the next 2-3 years.

1 min  |

December 05, 2025

Financial Express Bengaluru

Help correct global trade imbalances: Macron to Xi

FRENCH PREZ TRYING TO REDUCE MASSIVE TRADE DEFICIT WITH CHINA

1 min  |

December 05, 2025

Financial Express Bengaluru

RBI proposes weekly updates on credit data

THE RESERVE BANK of India (RBI) on Thursday said that credit institutions (CIs) or credit information companies (CICs) should update their reports on a weekly basis for the efficient functioning of the credit information reporting system in the country.

1 min  |

December 05, 2025

Financial Express Bengaluru

Tariff headwind persists for textile units

Firms struggle to arrest fall in exports with overseas units

2 min  |

December 05, 2025

Financial Express Bengaluru

Suzlon plans to set up AI-enabled factories

SUZLON ENERGY PLANS to build three Al-enabled smart factories as it looks to speed execution of its 6.2 gigawatt order book and streamline logistics, group Chief Executive Officer JP Chalasani said.

1 min  |

December 05, 2025

Financial Express Bengaluru

Get ready for an overdue Fed overhaul

Unless the next Fed chair shakes the institution out of complacency, continued policy-induced volatility and intensifying political attacks are all but guaranteed

3 min  |

December 05, 2025

Financial Express Bengaluru

Crisis at IndiGo deepens

We could not live up to the promise, says CEO Pieter Elbers

1 min  |

December 05, 2025

Financial Express Bengaluru

US jobless claims drop to 3-yr low

APPLICATIONS FOR’ US unemployment benefits fell last week to the lowest in more than three years, indicating that employers are still largely holding onto workers despite a wave of recent layoff announcements.

1 min  |

December 05, 2025

Financial Express Bengaluru

Rupee's slide may lure back foreign investors

ANALYSTS SEE CURRENCY’S DEEP UNDERVALUATION COULD REVIVE FOREIGN PORTFOLIO INFLOWS INTO EQUITIES

2 min  |

December 05, 2025

Financial Express Bengaluru

Former Bangladesh PM Zia to be taken to London

A MEDICAL BOARD looking after critically ill former Bangladesh prime minister Khaleda Zia on Thursday decided to send her to London for advanced treatment, her personal physician AZM Zahid Hossain said.

1 min  |

December 05, 2025

Financial Express Bengaluru

Collaboration on deep-sea fishing mulled

Rajiv Ranjan Singh, minister of fisheries and dairying

1 min  |

December 05, 2025

Financial Express Bengaluru

EU hits Meta with probe over WhatsApp’s AI tools

META PLATFORMS WAS subject to another EU antitrust investigation on Thursday over its rollout of artificial intelligence features in its WhatsApp messenger that would block rivals, as Big Tech’s use of generative AI comes under increasing scrutiny.

1 min  |

December 05, 2025

Financial Express Bengaluru

India's M&E market to grow twice the global average by 2029: PwC

AUDIT AND CONSULTANCY firm PwC on Thursday released the India findings of its Global Entertainment & Media Outlook 2025-29, which projects that India's entertainment and media industry will grow from $32.2 bn in 2024 to $47.2 bn by 2029 at a 7.8% compound annual growth rate, nearly twice the global average of 4.2%.

1 min  |

December 05, 2025

Financial Express Bengaluru

US team likely in India next week for negotiations

A US TEAM of negotiators is likely to visit India next week as both sides push to finalise a framework agreement that will see significant reduction in additional tariffs imposed on Indian imports by the Donald Trump administration.

1 min  |

December 05, 2025

Financial Express Bengaluru

Next stop 100?

THE RUPEE SLID smoothly through 90; and eventhough it was hardly a surprise — it had been knocking at the door for the past week — the media was all aflutter.

2 min  |

December 04, 2025

Financial Express Bengaluru

Top Indian artists' works fetch ₹310 cr in a year: Report

AMOUNTS FETCHED BY the sale of theworkby top-50 Indian artists alive rose by a moderate 3% to ₹310 crore in the year, a report said on Wednesday.

1 min  |

December 04, 2025

Financial Express Bengaluru

IIT K sets Day 1 placement record with 672 job offers

THE INDIAN INSTITUTE of Technology Kanpur (IIT K) kicked off its 2025-26 campus placement season with 672 job offers on the first day, a 16% increase over last year.

1 min  |

December 04, 2025

Financial Express Bengaluru

Silver hits record high

SILVER TRADED NEAR a record high as traders bet on further monetary easing by the Federal Reserve and supply tightness. Gold slipped.

1 min  |

December 04, 2025