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Financial Express Pune

Bankers in a bind as SC junks JSW resolution for Bhushan

The Supreme Court's decision declaring JSW Steel's resolution plan for Bhushan Power and Steel illegal and ordering the company's liquidation has put bankers in a quandary.

1 min  |

May 03, 2025

Financial Express Pune

Infosys Acquires Australian Cloud Firm for ₹532 Cr

INFOSYS HAS ACQUIRED Australian cybersecurity services company The Missing Link for approximately ₹532 crore (Australian dollar 98 million), according to an exchange filing.

1 min  |

May 03, 2025

Financial Express Pune

Reliance Power arm signs 25-year power offtake pact with SECI

To set up Asia's largest single-site solar, BESS project at ₹10,000 crore

1 min  |

May 03, 2025

Financial Express Pune

Firm eyes gain from cheaper US supplies

FUEL RETAILER BHARAT

1 min  |

May 03, 2025

Financial Express Pune

QS Executive MBA rankings: IIMB tops in India despite global drop

THE EXECUTIVE MBA rankings 2025 released by Quacquarelli Symonds (QS) is giving a reality check for MBA institutes in India as only one B-School from the country—Indian Institute of Management Bangalore (IIMB)—has made it to the list of top 50 global executive programmes.

1 min  |

May 03, 2025

Financial Express Pune

Trump says Harvard University's tax-exempt status will be revoked

President Donald Trump said Harvard University would lose its tax-exempt status, stepping up his attack on the Ivy League school with a threat that was decried as out of his jurisdiction.

1 min  |

May 03, 2025

Financial Express Pune

India, UK look to clinch trade deal in London meet

INDIA HAS TOLD the European Union (EU) to ensure that ongoing free trade agreement (FTA) negotiations give equal weight to non-tariff barriers and that regulatory frameworks remain inclusive, proportionate, and avoid restrictive trade.

1 min  |

May 03, 2025

Financial Express Pune

Trump Calls for $163-bn Cut to Federal Budget

US President Donald Trump's administration on Friday proposed a $163 billion cut to federal spending next year, which would eliminate more than a fifth of the non-military spending excluding mandatory benefit programmes.

1 min  |

May 03, 2025

Financial Express Pune

Was Sholay a missed opportunity?

ON DAY TWO of the Waves Summit 2025, Kiran Mazumdar-Shaw, founder of Biocon, left attendees with much food for thought, including the possibility of creating a trillion-dollar creative economy by 2047.

1 min  |

May 03, 2025

Financial Express Pune

A Repo Rate-Linked Loan Will Be Cheaper

I had taken a home loan 10 years ago on MCLR. Can I shift the loan to EBLR (repo rate), and will it be cheaper?

2 min  |

May 03, 2025

Financial Express Pune

The future of work in a GenAI era

GenAI is eroding the value of routine knowledge work. The future will reward those who can frame purpose, build trust, and apply technology with empathy

3 min  |

May 03, 2025

Financial Express Pune

Mumbai airport T1 revamp to be delayed

To Miss November Deadline

1 min  |

May 03, 2025

Financial Express Pune

Carlyle exits PNB Housing Fin, sells 10.4% for ₹2.7K cr

GLOBAL INVESTMENT FIRM Carlyle Group on Friday exited PNB Housing Finance by selling its entire 10.44% stake for ₹2,712 crore through open market transactions.

1 min  |

May 03, 2025

Financial Express Pune

Marico profit rises 8% in Q4

Uptick In Demand

1 min  |

May 03, 2025

Financial Express Pune

After 15 yrs, DIIs upstage FPIs in ownership of NSE stocks

IN WHAT COULD significantly change how the stock market responds to global cues, the share of domestic institutional investors (DIIs) has surpassed that of foreign portfolio investors (FPIs) as on March 31, 2025.

2 min  |

May 03, 2025

Financial Express Pune

Vance urges India, Pakistan to avoid 'broader conflict'

FOR THE SECOND day in succession, the US conveyed its understanding of India's response to the Pahalgam terror attack with Vice President J D Vance saying his country hopes it will not lead to a \"broader regional conflict\" and that the US expects Islamabad to \"cooperate\" with New Delhi to \"hunt down\" terrorists \"sometimes operating from their soil\".

2 min  |

May 03, 2025

Financial Express Pune

India Inc Favours Top 6 Audit Firms

TOP AUDIT FIRMS have cemented their position in FY25 with India Inc preferring to get their audit work done by Big 6 firms like Deloitte, EY, Grant Thornton, KPMG, BDO, and PwC.

1 min  |

May 03, 2025

Financial Express Pune

GDP Growth Forecast Cut to 6.2%: S&P

S&P Global Ratings on Friday cut India's growth projections from 6.5% to 6.3% for FY26 citing uncertainty over the US tariff policy and downside risks from its spillover to the economy.

1 min  |

May 03, 2025

Financial Express Pune

Trade deal with US to place India favorably in global trade: Panagariya

Emphasising that the country will come out stronger from the ongoing tariff uncertainty, 16th finance commission chairman Arvind Panagariya said on Friday that a bilateral trade deal with the US would position India \"incredibly favorably\" in the global trading landscape.

1 min  |

May 03, 2025

Financial Express Pune

Firm hopes Dhaka will pay all dues

ADANI POWER HAS said Bangladesh currently owes about $900 million, including late payment charges, to the firm but the situation is improving.

1 min  |

May 03, 2025

Financial Express Pune

US urges India, Pak not to escalate situation

WITH PRIME MINISTER Narendra Modi promising retribution for the Pahalgam terror attack and telling the military brass that they have \"complete operational freedom to decide on the mode, targets and timing of our response\", the US has started reaching out to India and Pakistan to ask them \"not to escalate the situation\".

2 min  |

May 01, 2025

Financial Express Pune

Bajaj explores insurance expansion post Allianz exit

BAJAJ FINSERV is exploring expansion of its insurance business following Allianz's exit, even as the company awaits approval from the Competition Commission of India and the Insurance Regulatory and Development Authority of India to acquire Allianz's 26% stake in two insurance joint ventures — Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance.

1 min  |

May 01, 2025

Financial Express Pune

Google eyes Gemini deal with Apple in mid-2025

GOOGLE HOPES TO enter an agreement with Apple by the middle of this year to include its Gemini AI technology on new phones, CEO Sundar Pichai said in testimony at an antitrust trial in Washington on Wednesday.

1 min  |

May 01, 2025

Financial Express Pune

Why only one among Big Four is on Sebi's panel of forensic auditors

Regulator has slashed list from 20 to 9

1 min  |

May 01, 2025

Financial Express Pune

Road safety, tolling systems set for major upgrade: Gadkari

THE GOVERNMENT IS planning a mobility infrastructure overhaul for the country that would include advanced satellite-based tolling systems for highways, major public transport upgrades, and stricter safety regulations, Union minister for road transport and highways Nitin Gadkari said on Wednesday.

1 min  |

May 01, 2025

Financial Express Pune

Goyal may travel back to UK to wrap up FTA

COMMERCE AND INDUSTRY minister Piyush Goyal may travel to London again later this week before he returns to India from the ongoing three-nation foreign tour, to iron out a few irritants in the free trade agreement (FTA) with the UK, according to sources.

1 min  |

May 01, 2025

Financial Express Pune

Meta rolls out AI app to compete with ChatGPT

META PLATFORMS RELEASED a new standalone artificial intelligence app on Tuesday in a bid to compete with other popular chatbots like OpenAI's ChatGPT.

1 min  |

May 01, 2025

Financial Express Pune

Mumbai property registrations in April highest in last 13 years

MUMBAI CITY SAW over 12,000 property registrations in April, a growth of 4% year-on-year, Knight Frank India said on Wednesday.

1 min  |

May 01, 2025

Financial Express Pune

Low-output firms account for 63% jobs in services

SERVICES SECTOR ENTERPRISES with less than ₹500 crore output accounted for 63.03% of the total employment in the segment, according to a government survey released on Wednesday.

1 min  |

May 01, 2025

Financial Express Pune

Demat a/cs May Be a Must for Select Shareholders Before IPO

The Securities and Exchange Board of India (Sebi) on Wednesday proposed mandating select shareholders, including directors, key managerial personnel and current employees, to hold shares in the demat form before filing an initial public offering (IPO) document.

1 min  |

May 01, 2025

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