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Financial Express Lucknow

Kotak Q4 profit down 14%, below estimates

KOTAK MAHINDRA BANK (KMB), which announced its fourth quarter (FY25) results on Saturday, recorded a drop in its standalone profit-after-tax (PAT) by 14% year-on-year to ₹3,552 crore due to higher provisioning for bad loans, especially in the micro-finance segment.

1 min  |

May 04, 2025

Financial Express Lucknow

Repairability index soon for tablets, smartphones

The department of consumer affairs seeks to empower consumers with ease and hassle-free repair options

1 min  |

May 04, 2025

Financial Express Lucknow

Subramanian recalled from IMF

THE REASONS FOR his exit have not been officially announced.

1 min  |

May 04, 2025

Financial Express Lucknow

India's $2-bn impact for Netflix

\"INDIA IS AT the cusp of a huge inflection point for a storyteller, the way Squid Game was for (South) Korea,\" Sarandos said during a fireside chat with actor Saif Ali Khan.

1 min  |

May 04, 2025

Financial Express Lucknow

India Applauds Resolve, and Waits

The ASER 2024 report revealed that enrollment in government schools had declined after 2018 and the percentage of students in higher classes who could read a Standard II text had worsened.

2 min  |

May 04, 2025

Financial Express Lucknow

What makes human beings conscious?

There are over 29 theories on the subject. Scientists want to narrow it down to one

2 min  |

May 04, 2025

Financial Express Lucknow

Hindi to Haryanvi, gaming goes native

\"WE ALSO SAW a 5% year-on-year increase in new users uploading vernacular content in 2024,\" added Kumar.

2 min  |

May 04, 2025

Financial Express Lucknow

Govt assures industry on norms on trade with US

THE COMMERCE MINISTRY has assured the industry clarity on value addition norms applicable in the United States so their shipments can sail through without attracting penal import duties.

2 min  |

May 04, 2025

Financial Express Lucknow

The brain can count calories more than you think is possible

Studies offer clues about what makes us start and stop eating

4 min  |

May 04, 2025

Financial Express Lucknow

Indirect imports from Pak banned

THE DIRECTORATE GENERAL of shipping in a separate notification said any ship bearing the Pakistan flag shall not be allowed to visit any Indian port.

1 min  |

May 04, 2025

Financial Express Lucknow

JioStar to invest ₹3,000 cr for content development in FY26

'TV, digital are distinct, cannot treat them alike'

2 min  |

May 04, 2025

Financial Express Lucknow

IPL, a glorious summer distraction

IS THE INDIAN Premier League (IPL) a bona fide cricket tournament in its own right? How much prestige is attached to winning the trophy?

4 min  |

May 04, 2025

Financial Express Lucknow

To ship or to check? That is the luggage question

The convenience of shipping comes with a cost. But under some circumstances, it may be worth it—and there may even be some savings if you factor in other elements

2 min  |

May 04, 2025

Financial Express Lucknow

Google Can Train Search AI With Web Content Even After Opt-Out

GOOGLE CAN TRAIN its search-specific AI products, like AI Overviews, on content across the web even when the publishers have chosen to opt out of training Google's AI products, a product VP at the company testified in court on Friday.

1 min  |

May 04, 2025

Financial Express Lucknow

Are you an open book?

How we knowingly & unknowingly share information through various apps and services we use daily

3 min  |

May 04, 2025

Financial Express Lucknow

Berkshire Hathaway's Profits Fall on Wildfire Losses

Warren Buffett's company reported just over one-third of last year's profit as thousands of Berkshire Hathaway shareholders streamed into an Omaha arena to listen to the revered investor answer questions.

1 min  |

May 04, 2025

Financial Express Lucknow

ICAI to help Sebi in tackling frauds

CHARTERED ACCOUNTANTS' APEX body Institute of Chartered Accountants of India (ICAI) will be preparing a research paper to help markets watchdog Sebi in dealing with financial frauds.

1 min  |

May 04, 2025

Financial Express Lucknow

CEA: India to benefit from China Plus One strategy

GIVEN THE AGGRESSIVE tariff measures by the US against China for unfair trade practices, global trade disruptions will likely open up opportunities for India, with the \"China Plus One\" strategy gaining a higher sense of urgency for developed nations, chief economic adviser V Anantha Nageswaran said on Saturday.

1 min  |

May 04, 2025

Financial Express Lucknow

Avenue Supermarts Q4 profit slips 2%, revenue rises 17%

AVENUE SUPERMARTS, WHICH operates the D-Mart chain of stores, reported a surprise fourth-quarter decline in net profit, even as revenue rose 17%.

1 min  |

May 04, 2025

Financial Express Lucknow

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 Lucknow

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 Lucknow

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 Lucknow

SC rejects JSW's Bhushan plan

JSW STEEL'S SHARES fell 5.81% to close at ₹970.

2 min  |

May 03, 2025

Financial Express Lucknow

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 Lucknow

Flood of liquidity

A pause on rates in June is quite possible as the RBI weighs the global situation

2 min  |

May 03, 2025

Financial Express Lucknow

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 Lucknow

StanChart cautious on tariff impact after strong first qtr

UNDER THE RADAR

2 min  |

May 03, 2025

Financial Express Lucknow

Godrej Properties eyes ₹32,500-cr bookings

GODREJ PROPERTIES is targeting sales bookings of ₹32,500 crore in FY26, about 10% more than what it did in FY25.

1 min  |

May 03, 2025

Financial Express Lucknow

Mumbai airport T1 revamp to be delayed

To Miss November Deadline

1 min  |

May 03, 2025

Financial Express Lucknow

Firm eyes gain from cheaper US supplies

FUEL RETAILER BHARAT

1 min  |

May 03, 2025