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Financial Express Kochi

War spurs call for push to defence startups

\"UNTIL WE SEE startups being granted multi-year contracts, backed by funding pipelines that allow for serious R&D, this sector will find it hard to grow beyond isolated wins,

1 min  |

May 23, 2025

Financial Express Kochi

2 Israel embassy staffers shot dead in Washington

TWO ISRAELI EMBASSY staffers were killed by a lone gunman in Washington, DC, while leaving an event outside the Capital Jewish Museum on Wednesday night, and the suspect chanted \"Free Palestine\" after he was taken into custody, officials said.

1 min  |

May 23, 2025

Financial Express Kochi

High cost of fast fashion

ON A SULTRY Delhi morning, 27-year-old Tashi realised she had nothing light or breezy to wear to her cousin's haldi ceremony to be hosted on the other side of town.

3 min  |

May 23, 2025

Financial Express Kochi

Grasim secures cheapest rupee bond deal in 5 yrs

GRASIM INDUSTRIES HAS secured its lowest-cost local-currency bond since June 2020, a sign that interest rate cuts and recent cash infusions by the Reserve Bank of India are benefitting companies.

1 min  |

May 23, 2025

Financial Express Kochi

Tata Motors Plans Another Affordable EV

TATA MOTORS is planning to roll out another affordable electric vehicle model, as its competitors focus on mid and premium segments.

1 min  |

May 23, 2025

Financial Express Kochi

CBI Files Chargesheet Against J&K Ex-Governor Satyapal Malik

The CBI has filed a chargesheet against former Jammu and Kashmir governor Satyapal Malik and seven others in connection with alleged corruption in the award of ₹2,200-crore civil works for Kiru hydropower project, officials said on Thursday.

1 min  |

May 23, 2025

Financial Express Kochi

Sun Pharma profit declines 19% in Q4

SUN PHARMACEUTICAL, INDIA'S largest drugmaker by revenue, reported a bigger adjusted quarterly profit on Thursday, driven by strong domestic demand for its drugs to treat rare diseases.

1 min  |

May 23, 2025

Financial Express Kochi

InMobi's AI-curated shopping platform goes live globally

INMOBI SUBSIDIARY GLANCE, which provides lockscreen engagement and monetisation solutions, launched an AI-based commerce platform in 140 countries on Thursday to provide its users personalised shopping recommendations based on their preferences and occasions.

1 min  |

May 23, 2025

Financial Express Kochi

Bajaj plans ₹7,765-cr deal for KTM takeover

KTM AND ITS subsidiaries, KTM Components GmbH and KTM F&E GmbH, initiated a self-administrative restructuring process in November 2024, following escalating debt issues and operational challenges.

1 min  |

May 23, 2025

Financial Express Kochi

Advance tipping: Ola, Rapido face CCPA probe

CONSUMER PROTECTION WATCHDOG CCPA is investigating ride-hailing platforms such as Ola Cabs and Rapido to ascertain if they are indulging in the unfair trade practice of \"advance tipping\".

1 min  |

May 23, 2025

Financial Express Kochi

Bajaj plans ₹7,765-cr deal for KTM takeover

KTM AND ITS subsidiaries, KTM Components GmbH and KTM F&E GmbH, initiated a self-administrative restructuring process in November 2024, following escalating debt issues and operational challenges.

1 min  |

May 23, 2025

Financial Express Kochi

Adani Ports to raise up to ₹6,000 crore

ADANI PORTS AND Special Economic Zone (APSEZ) on Thursday said its board has approved a proposal to raise up to ₹6,000 crore by issuing debentures on a private placement basis for capex and refinancing of existing debt.

1 min  |

May 23, 2025

Financial Express Kochi

Diamond Jewellery Demand to Double by 2030: De Beers

DIAMOND COMPANY DE Beers is expecting diamond jewellery consumption to double in India by 2030, its chief executive Al Cook has said.

1 min  |

May 23, 2025

Financial Express Kochi

MPs Urge Probe into Jal Jeevan Mission

At a meeting held on Thursday to discuss Jal Shakti Ministry's budget grants, MPs called for a collective approach to water conservation and also raised concerns on Jal Jeevan Mission implementation.

1 min  |

May 23, 2025

Financial Express Kochi

Rupee dives 36 paise to close at 85.95

THE RUPEE DEPRECIATED 36 paise to close at 85.95 against the US dollar on Thursday because of demand for the greenback from importers and foreign banks as well as surge in crude oil prices.

1 min  |

May 23, 2025

Financial Express Kochi

RBI sold nearly $400 billion of foreign currency in FY25

THE RESERVE BANK of India sold a record $398.71 billion of foreign currency in 2024-25 on a gross basis as the Indian central bank stepped up its defence of the rupee amid a volatile global environment.

1 min  |

May 23, 2025

Financial Express Kochi

BYD Sells More EVs in Europe Than Tesla for First Time

CHINESE AUTOMAKER BYD sold more electric vehicles in Europe than Tesla for the first time, according to a report by JATO Dynamics, as an aging model lineup and CEO Elon Musk's politics hurt demand for the US EV maker's cars.

1 min  |

May 23, 2025

Financial Express Kochi

Honda Aims to Ride Past Hero, to Invest ₹920 Cr in Capacity Expansion

AIMING FOR THE top spot in the domestic two-wheeler market, Honda Motorcycle & Scooter India (HMSI) will invest ₹920 crore to add a fourth production line at its Vithalapur plant in Gujarat, the company said on Thursday.

1 min  |

May 23, 2025

Financial Express Kochi

Bitcoin surges past $111,000 mark

WAVE OF OPTIMISM

1 min  |

May 23, 2025

Financial Express Kochi

Exports of processed food products surge 15% in Apr

INDIA'S EXPORT OF agricultural and processed food products have commenced on a brisk note in the current fiscal with the shipments rising by over 15% on-year to $2.13 billion in April 2025.

1 min  |

May 23, 2025

Financial Express Kochi

Aid looks good after it's gone

When Joni Mitchell sang that line in 1970, she was lamenting the destruction of the environment, but the sentiment applies to many issues. Today, we can add official development assistance (ODA) to the list.

3 min  |

May 23, 2025

Financial Express Kochi

US fiscal woes rattle investors

GLOBAL WORRIES DAMPEN SPIRIT

2 min  |

May 23, 2025

Financial Express Kochi

Method minus the noise

SINCE TAKING CHARGE OF MYNTRA IN 2022, CEO NANDITA SINHA HAS TURNED THE FIRM HEMORRHAGING HUGE LOSSES INTO A PROFIT-MAKING PLATFORM

3 min  |

May 23, 2025

Financial Express Kochi

No 'discrimination' to Indian firms in UK FTA

What Does It Mean?

2 min  |

May 23, 2025

Financial Express Kochi

RBI Bulletin Blames High Gold Prices for Rising Core Inflation

Weather anomalies behind sharp volatility in vegetable prices

2 min  |

May 23, 2025

Financial Express Kochi

Prioritise minerals as strategic shield

The capacity to domestically source and process key strategic minerals like aluminium will define pace & credibility of Aatmanirbhar Bharat vision in defence

3 min  |

May 23, 2025

Financial Express Kochi

Trump Tax Bill Narrowly Passes House, Overcoming Infighting

President Donald Trump's signature tax bill narrowly passed the House on Thursday morning, advancing a sprawling multi-trillion dollar package that would avert a year-end tax increase at the expense of adding to the US debt burden.

2 min  |

May 23, 2025

Financial Express Kochi

Centre defends Celebi move, cites 'unprecedented' threat

THE CENTRE ON Thursday defended its decision to revoke the security clearance to Turkey-based aviation ground handling company Celebi without warning, given the \"unprecedented\" threat to aviation security.

1 min  |

May 23, 2025

Financial Express Kochi

Honasa Consumer Q4 profit falls 18%

MAMAEARTH PARENT HONASA Consumer on Thursday reported an 18% fall in its net profit for the fourth quarter of FY25 to ₹25 crore, but beat the street estimates of ₹17.3 crore, amid strong growth in core categories.

1 min  |

May 23, 2025

Financial Express Kochi

FCB India bags sole Grand Prix for 'Lucky Yatra' drive

THE SECOND DAY of the Abby Awards at Goafest saw some surprise wins for independent agencies across seven categories.

1 min  |

May 23, 2025