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Financial Express Chandigarh

Groww promoter stake valued at over ₹16,315 cr

BILLIONBRAINS GARAGE VENTURES, the owner of India’s largest brokerage platform Groww, is planning to raise %6,630 crore through an initial public offering (IPO).

2 min  |

October 31, 2025

Financial Express Chandigarh

United Spirits profit up 36% as Andhra re-entry boosts sales

UNITED SPIRITS, THE country’s largest liquor maker, on Thursday reported a 36.1% year-on-year rise in consolidated net profit for the second quarter of FY26 to 464 crore, beating Street estimates by a wide margin. Bloomberg consensus estimates had forecast net profit at $373 crore.

1 min  |

October 31, 2025

Financial Express Chandigarh

RBI rejects SBI Cap plan to raise stake in Investec unit

THE RESERVE BANK of India has turned down a proposal by State Bank of India (SBI) to increase its stake in an institutional equities joint venture with a local unit of Investec, sources said.

1 min  |

October 31, 2025

Financial Express Chandigarh

Tech in the spotlight but Trump tariffs loom large

THEJAPAN MOBILITY Showis highlighting more than just cars or the types of fuel they use from electric to hydrogen, but also various kinds of futuristictransport.Think scuttling robotic chairs, like the Uni-One from Honda. The Tokyo-based maker of the Accord sedan says it is all about personal mobility as a mode for quick transport by 2035. Just sit on the boxlike machine as it zips around quietly.

1 min  |

October 31, 2025

Financial Express Chandigarh

Lenskart anchor book gets 20 times response

THE ANCHOR BOOK of Lenskart Solutions has received bids worth %68,000 crore, nearly 10 times the issue size and 20 times the anchor book size, according to sources.

1 min  |

October 31, 2025

Financial Express Chandigarh

'GDP growth to average 6.7% during 2025-2040'

INDIA'S ECONOMY IS expected to grow by an average rate of 6.7% from 2025 to 2040, outpacing China’s 3% average real GDP expansion in the same period, Singapore-based DBS Bank said in a report on Thursday.

1 min  |

October 31, 2025

Financial Express Chandigarh

A bitter pill, not a pinch of salt

THE RULE OF THE GAME FOR THESE DEALS IS TO GIVE MUCH MORE THAN WHAT WE GET

3 min  |

October 31, 2025

Financial Express Chandigarh

Cobrapost claims ₹41,900-cr fund diversion at Anil Ambani group

INVESTIGATIVE PORTAL COBRAPOST on Thursday alleged Anil Ambani’s Reliance Group had committed a massive financial fraud exceeding ₹41,921 crore through diversion of funds from group companies since 2006 — a charge the group denied as a malicious campaign aimed at crashing stock prices.

2 min  |

October 31, 2025

Financial Express Chandigarh

Sebi allows Nifty Bank rejig by March

QSBs get more time to implement optional T+0 settlement cycle

1 min  |

October 31, 2025

Financial Express Chandigarh

L&T targets sixfold rise in data centre business

HE FURTHERADDED that data centres are a capital-intensive business, and getting clients to use the data centre for storing servers and keeping data in is not very remunerative.

1 min  |

October 31, 2025

Financial Express Chandigarh

RDIF as engine of knowledge economy

THIS YEAR'S ECONOMICS Nobel Prize awarded to Philippe Aghion, Peter Howitt, and Joel Mokyr underscores the principle that sustained productivity gains stem not from capital deepening alone but from frontier innovation, the systematic generation and diffusion of new technologies that displace obsolete ones through creative destruction.

3 min  |

October 31, 2025

Financial Express Chandigarh

Weddings to generate ₹6.5L cr this year

WEDDINGS IN INDIA will generate ₹6.5 lakh crore business from 4.6 million marriages in the first set of auspicious dates from November 1 to December 14 this year, as estimated by the Confederation of All India Traders (CAIT).

2 min  |

October 31, 2025

Financial Express Chandigarh

China allows Indian firms to import rare earth magnets

CHINA HAS GRANTED licences to certain Indian companies to import rare earth magnets, the ministry of external affairs (MEA) said on Thursday.

2 min  |

October 31, 2025

Financial Express Chandigarh

FPIs flash India comeback signal

Short positions at 3-month low

1 min  |

October 31, 2025

Financial Express Chandigarh

Bank credit grows 11.45%, show RBI data

LOANS EXTENDED BY banks grew 11.45%year-on-year (YoY) as on October 17, continuing to outpace the growth in deposits, the Reserve Bank of India data released on Thursday showed.

1 min  |

October 31, 2025

Financial Express Chandigarh

CSR for Nation Building to Achieve Viksit Bharat

PSUs have undertaken a wide range of impactful activities over the years — from environmental protection and women’s empowerment to rural development, education, healthcare, job creation and disaster relief

4 min  |

October 31, 2025

Financial Express Chandigarh

BYD profit slumps again

BYD REPORTED ANOTHER slump in quarterly profit as intensifying domestic competition and growing industry scrutiny pile pressure on the Chinese carmaker’s sales outlook.

1 min  |

October 31, 2025

Financial Express Chandigarh

US ends automatic work permit extension

VISA OVERHAUL ■ The rule takes effect immediately, requiring full re-screening for renewals ■ It follows Trump administration's $100,000 H-1B visa fee hike

1 min  |

October 31, 2025

Financial Express Chandigarh

Yield jumps most in 6 weeks; rupee falls to fortnightly low

FED TURNS HAWKISH

1 min  |

October 31, 2025

Financial Express Chandigarh

OpenAI may target $1-trn IPO valuation

OPENAI IS LAYING the groundwork for an initial public offering that could value the company at up to $1 trillion, three people familiar with the matter said, in what could be one of the biggest IPOs of all time.

1 min  |

October 31, 2025

Financial Express Chandigarh

Jio users to get Gemini Pro free...

THE PLAN INCLUDES access to the Gemini 2.5 Pro model through the Gemini app, advanced image and video generation tools Nano Banana and Veo 3.1, expanded use of Notebook LM for research and study and 2 TB of cloud storage.

1 min  |

October 31, 2025

Financial Express Chandigarh

Fed split hardens following Powell’s December warning

FEDERAL RESERVE CHAIR Jerome Powell’s blunt warning that investors need to rein in expectations for a December interest-rate cut underscored a growing tug-of-war among US policymakers who are opposed in their outlooks for jobs and inflation.

1 min  |

October 31, 2025

Financial Express Chandigarh

5,000 FPOs must have turnover above ₹1 cr by FY26: Chouhan

AGRICULTURE MINISTER SHIVRAJ Singh Chouhan on Thursday called for increasing annual sales turnover of at least 5,000 farmers producer organisations (FPOs) to above ₹1 crore each by FY26 for achieving economy of sale and financial sustainability.

1 min  |

October 31, 2025

Financial Express Chandigarh

US grants 6-month waiver to India on Chabahar port

After one-month relief, US grants India six-month Chabahar waiver. Fresh exemption to come into effect from October 29

1 min  |

October 31, 2025

Financial Express Chandigarh

China's AI push has scale. But substance?

WHEN IT COMES to the sheer number of generative artificial intelligence users in China, the question shouldn’t be how many there are, but how they’re using it.Anew report from the China Internet Network Information Center indicates the nation had some 515 million users as of June, up by 266 million since December, according toa readout from Xinhua.Ata first glance, the figure suggests that Beijing’s push to spread the technology throughout industries to boost productivity — the so-called Al Plusinitiative — is bearing fruit.

2 min  |

October 31, 2025

Financial Express Chandigarh

Move follows similar offers by Airtel-Perplexity & ChatGPT Jio users to get Gemini Pro free under RIL-Google deal

RELIANCE INDUSTRIES (RIL) and Google on Thursday entered into a partnership to accelerate the use of artificial intelligence across consumer and enterprise segments in India.

1 min  |

October 31, 2025

Financial Express Chandigarh

FPIs flash renewed India comeback signal

BLOOMBERG DATASHOW that in January this year, the open interest of short contracts hit 445,114—the highest since September 2015.

1 min  |

October 31, 2025

Financial Express Chandigarh

Surya Kant named Chief Justice of India

JUSTICE SURYA KANT was on Thursday appointed as the 53rd Chief Justice of India and he will assume charge on November 24. The Department of Justice in the Union Law Ministry issued a notification announcing his appointment.

1 min  |

October 31, 2025

Financial Express Chandigarh

Meta seeks $25 bn from bond sale

META PLATFORMS AIMS to sell at least $25 billion of investment-grade bonds on Thursday, a day after Chief Executive Officer Mark Zuckerberg warned the company would spend even more aggressively on artificial intelligence in the coming year.

1 min  |

October 31, 2025

Financial Express Chandigarh

Canara Bank profit climbs 19%

REPORT CARD

1 min  |

October 31, 2025
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