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Financial Express Chandigarh

Gopi Hinduja — the man and the businessman

THE YEAR WAS 1976 when I first met the man — Gopichand Hinduja. What was supposed to be a job interview for a newly acquired travel business in Iran, the encounter lasted about 20 minutes. I was then 36 years old and a senior airline executive at British Airways.

2 min  |

November 06, 2025

Financial Express Chandigarh

Logistics firm Porter lays off 350 workers

LOGISTICS UNICORN PORTER has laid off over 350 employees, nearly 18% of its workforce, as part of a restructuring exercise aimed at consolidating operations and sharpening its path to profitability.

1 min  |

November 06, 2025

Financial Express Chandigarh

China offers to help India fight worsening air pollution crisis

CHINA HAS OFFERED TO help India tackle its severe air pollution crisis, particularly in Delhi and surrounding areas.

1 min  |

November 06, 2025

Financial Express Chandigarh

Britannia Q2 net profit rises 23% to ₹655 crore

REGIONAL STRATEGY TO DRIVE GROWTH, SAYS VARUN BERRY

1 min  |

November 06, 2025

Financial Express Chandigarh

Nvidia, Qualcomm join India's deeptech push

“WE SEE AILED intelligent computing as the foundation for the next wave of innovation. India’s deep tech community plays a critical role in realising the global AI opportunity, and we are excited to join the IDTA to support the ecosystem,” Quinn Li, senior vice president, Qualcomm Technologies, Inc, said.

1 min  |

November 06, 2025

Financial Express Chandigarh

BMW boosts car profit margin as EV spending passes peak

BMW's CORE PROFIT margin rose in the third quarter as it passed the peak in research and development spending ona new all-electric range that it hopes will boost growth amid stiff competition in China.

1 min  |

November 06, 2025

Financial Express Chandigarh

Talks with US going well, says Goyal

COMMERCE AND INDUSTRY Minister Piyush Goyal on Wednesday said India and the US are holding continuous discussions for the proposed bilateral trade agreement.

1 min  |

November 06, 2025

Financial Express Chandigarh

RBI’s change in stance rattles bond market

Cooling CPI and tepid growth fuel rate cut hopes

2 min  |

November 06, 2025

Financial Express Chandigarh

Toyota buyout is a major test for Japan's reforms

JAPAN INC HAS made great strides in corporate governance over the past decade that buoyed the stock market and ignited interest in dealmaking. It is now facing a landmark test of those efforts ina case involving the Toyota group. Minority investors are upset about the group’s bid to take one ofits listed affiliates private.They re concerned about many issues, mainly pricing and a lack of disclosure.

3 min  |

November 06, 2025

Financial Express Chandigarh

Exports of petroleum products decline 2.1% in October

India to cut direct Russian oil imports

3 min  |

November 06, 2025

Financial Express Chandigarh

Nvidia, Qualcomm join India’s deeptech push

Investment alliance bags fresh $850-mn funding

1 min  |

November 06, 2025

Financial Express Chandigarh

Keeping drones on connected mode

WHETHER IT IS logistics, public safety or inspection of critical infrastructure - drones have become valuable tools in India.

1 min  |

November 06, 2025

Financial Express Chandigarh

Low prices, dumping hurt industry: Steel secy

LOW PRICES AND dumping of substandard steel were hurting the domestic steel industry, steel secretary Sandeep Poundrikhas said.

1 min  |

November 06, 2025

Financial Express Chandigarh

Insolvent firms may get back assets seized by ED

Move expected to help resolve IBC-PMLA conflict

1 min  |

November 06, 2025

Financial Express Chandigarh

Google clears DOJ for $32-bn Wiz deal

ALPHABET'S GOOGLE AND cybersecurity company Wiz cleared a key hurdle to closing their $32 billion deal, with the US government saying it would wrap up its investigation of the acquisition.

1 min  |

November 06, 2025

Financial Express Chandigarh

China bans foreign AI chips from state-funded data centres

THE CHINESE GOVERNMENT has issued guidance requiring new data centre projects that have received any state funds to only use domestically-made artificial intelligence chips, two sources told Reuters.

2 min  |

November 06, 2025

Financial Express Chandigarh

Video game developers see ban on RMG as a real boon

THE RECENTLY ENACTED Promotion and Regulation of Online Gaming Act, which banned real money gaming (RMG), has come as a major boon for the video game industry as it removed the longstanding ambiguity between video games and those that promote betting or gambling, according to the Game Developers Association of India (GDAI).

1 min  |

November 06, 2025

Financial Express Chandigarh

InvIT market size pegged to triple to ₹21L cr by 2030

THE ASSETS-SIZE OF India’s Infrastructure Investment Trust (InvITs) could triple to around ₹21 lakh crore by 2030, driven by the heavy government spending and rising institutional investor allocations to alternatives, according to experts.

2 min  |

November 06, 2025

Financial Express Chandigarh

MSME exporters may get 2-3.5% interest relief

THE GOVERNMENT MAY offer 2-3.5% interest subvention to micro, small, and medium enterprises (MSMEs) exporters in a targeted manner, under a revamped interest subvention scheme in the works.

1 min  |

November 06, 2025

Financial Express Chandigarh

Grasim Q2 profit jumps 76% to ₹553 cr, revenue up 17%

Company rides on cement and chemical boom

2 min  |

November 06, 2025

Financial Express Chandigarh

'We are intentionally focused on underserved regions'

Piramal Finance is gearing up for its next phase of expansion with a foray into the gold loan segment by March 2026.

2 min  |

November 06, 2025

Financial Express Chandigarh

Bengal SIR: Over 8.4 mn forms distributed so far

AS PART OF the Special Intensive Revision (SIR) of electoral rolls in West Bengal, more than 8.4 million enumeration forms were distributed across the state so far, an official said on Wednesday.

1 min  |

November 06, 2025

Financial Express Chandigarh

Time for India to have gold policy: Study

AS GOLD PRICES soar to new heights, a study on Wednesday made a case for a comprehensive policy for the yellow metal as India is one of the world's largest bullion markets, influenced by a cultural affinity for the shiny metal and investment demand.

1 min  |

November 06, 2025

Financial Express Chandigarh

CSB Bank cautious on SME loans: MD

GIVEN THE UNCERTAINTY around the India-US trade deal, CSB Bank will be cautious in lending to small and medium enterprises, Pralay Mondal MD and CEO said in the post earnings interaction.

2 min  |

November 06, 2025

Financial Express Chandigarh

Airtel widens operating edge over Jio in July-Sept

PREMIUM USERS & STRONGER MARGINS LIFT AIRTEL’S PROFITABILITY

2 min  |

November 06, 2025

Financial Express Chandigarh

Japanese carmakers rev up investment in India to cut China reliance

TOYOTA, HONDA AND Suzuki are spending billions of dollars to build new cars and factories in India, a sign of the country’s growing importance as a manufacturing hub as Japanese automakers redraw global supply chains to reduce dependence on China.

3 min  |

November 06, 2025

Financial Express Chandigarh

India to cut direct Russian oil imports

INDIA IS SET to reduce its direct imports of Russian crude from late November, following new US sanctions on Rosneft and Lukoil, effective November 21.

1 min  |

November 06, 2025

Financial Express Chandigarh

Insolvent companies may get back assets attached by ED

EXPERTS SAID THAT the circular guides IPs on the protocol to be adopted in cases where assets of the corporate debtor are attached under the PMLA.

2 min  |

November 06, 2025

Financial Express Chandigarh

FATF lauds ED progress in money laundering cases

THE FINANCIAL ACTION Task Force (FATF), the global terror financing watchdog, has extensively cited India’s Enforcement Directorate (ED) in its publication titled ‘Asset Recovery Guidance Best Practices’ for efficiently tackling money laundering and recovering assets from economic offenders.

1 min  |

November 06, 2025

Financial Express Chandigarh

IBM to lay off thousands as it sharpens focus on AI

INTERNATIONAL BUSINESS MACHINES (IBM) will cut thousands of workers this quarter while it continues to shift the focus of its business to higher-growth software and services.

1 min  |

November 06, 2025