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Financial Express Kochi

Execs traded shares before accounting disclosure: Document

A FORENSIC REVIEW by audit and advisory firm Grant Thornton found two top executives of IndusInd Bank traded in its shares while they were aware of accounting lapses at the bank before those were made public, a document reviewed by Reuters showed.

1 min  |

May 09, 2025

Financial Express Kochi

With DoT approval, Starlink to begin infra investments

The Next Steps

1 min  |

May 09, 2025

Financial Express Kochi

Govt Likely To Amend Seeds Act To Ensure Traceability

To Protect Farmers

1 min  |

May 09, 2025

Financial Express Kochi

Britannia Net Profit Rises 4%

BRITANNIA INDUSTRIES ON Thursday posted a 4% rise in net profit at ₹559.95 crore during the March quarter, compared with ₹538.28 crore in the corresponding quarter last year.

1 min  |

May 09, 2025

Financial Express Kochi

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 Kochi

Centre doubles credit guarantee cover for startups

The government on Thursday approved a revised credit guarantee scheme for startups (CGSS), under which the maximum guarantee cover per borrower has been doubled to ₹20 crore.

1 min  |

May 09, 2025

Financial Express Kochi

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 Kochi

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 Kochi

Xi & Putin Meet, Tout Growing Ties

RUSSIAN PRESIDENT VLADIMIR Putin and his Chinese counterpart Xi Jinping held bilateral meetings in Moscow, emphasizing the alliance between their countries as they seek to upend the US-led world order.

1 min  |

May 09, 2025

Financial Express Kochi

BTA Negotiators to Visit US This Month

INDIA'S NEGOTIATING TEAM will be visiting the US later this month to advance talks on the bilateral trade agreement (BTA), sources said on Thursday.

1 min  |

May 09, 2025

Financial Express Kochi

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 Kochi

US Urges De-escalation in Talks With India, Pak

SECRETARY OF STATE Marco Rubio urged de-escalation and expressed support for direct dialogue in separate calls with external affairs minister S Jaishankar and Pakistani Prime Minister Shehbaz Sharif on Thursday, US State Department spokesperson Tammy Bruce said.

1 min  |

May 09, 2025

Financial Express Kochi

India Inks Terms of Reference for Chile Trade Pact

INDIA AND CHILE signed on Thursday the terms of reference for a comprehensive free trade agreement.

1 min  |

May 09, 2025

Financial Express Kochi

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 Kochi

L&T profit rises 25%, exceeds estimates

Larsen & Toubro (L&T) on Thursday reported a net profit of ₹5,497 crore in Q4FY25, an increase of 25% year-on-year.

1 min  |

May 09, 2025

Financial Express Kochi

New high-flyers in the endorsement stakes

Pant & Jadeja could lose on the ad turf as new stars emerge

3 min  |

May 09, 2025

Financial Express Kochi

FPIs buy financials, telecom, FMCG in April

FOREIGN PORTFOLIO INVESTORS (FPIs) picked financial services, telecom, and FMCG as their top sectoral bets in April, while offloading shares in IT, metals & mining, and automobiles, according to data from NSDL.

1 min  |

May 09, 2025

Financial Express Kochi

Porter bags $200 mn, led by Kedaara, Wellington

PORTER, a Bengaluru-based on-demand logistics platform, has raised $200 million in its Series F funding round led by Kedaara Capital and Wellington Management, with participation from existing investor Vitruvian Partners.

1 min  |

May 09, 2025

Financial Express Kochi

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 Kochi

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 Kochi

Tesla's Woes in China Deepen With 6% Fall in April EV Sales

Tesla’s China-made electric vehicle sales fell 6% in April from a year earlier, extending declines for a seventh month, as the U.S. automaker grapples with intense competition from its Chinese rivals and a tarnished image in Europe.

1 min  |

May 08, 2025

Financial Express Kochi

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 Kochi

Going 'glocal' for talent

IBM SETS UP NEW SOFTWARE LABS IN TIER II CITIES

2 min  |

May 08, 2025

Financial Express Kochi

Jagan Announces YSRCP Plenary for Next Year

YSRCP chief Jagan Mohan Reddy on Wednesday announced that the party will organise its plenary meeting next year in a grand and energetic manner.

1 min  |

May 08, 2025

Financial Express Kochi

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 Kochi

Tata Chemicals Reports ₹67-Cr Loss

TATA CHEMICALS ON Wednesday reported a consolidated net loss from continuing operations at ₹67 crore for the quarter ended March.

1 min  |

May 08, 2025

Financial Express Kochi

A promise of mutual benefit

After more than three years of intensive negotiations, India and the UK finally wrapped up their bilateral free trade agreement (FTA), which leaders of both countries described as \"a historic milestone in the bilateral Comprehensive Strategic Partnership that would foster trade, investment, innovation, and job creation in both the economies\".

3 min  |

May 08, 2025

Financial Express Kochi

2.8 MT rice allotted for ethanol blending

With an aim to reduce stockpile, the food ministry has allocated 2.8 million tonne (MT) from the central pool to be supplied to distilleries for ethanol production at a subsidised rate of ₹2,250 per quintal.

1 min  |

May 08, 2025

Financial Express Kochi

Medical devices firms seek safeguards from indirect dumping

THE FREE TRADE AGREEMENT (FTA) between India and the UK is expected to further boost the medical devices trade to and from India with imports likely to pick up pace faster than exports.

1 min  |

May 08, 2025

Financial Express Kochi

Military strike, diplomatic gain

For the first time, a clear distinction is being made between the Kashmir issue and terrorism. This will have far-reaching implications

4 min  |

May 08, 2025