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Financial Express Pune

DGCA moots major changes to ticket refund norms

AIR PASSENGERS MAY soon be allowed to cancel or amend their tickets without additional charges within 48 hours of booking, with aviation watchdog DGCA proposing significant changes in the ticket refund norms.

1 min  |

November 04, 2025

Financial Express Pune

Russian crude imports decline 8% in October

MOSCOW STILL LARGEST OIL SUPPLIER TO NEW DELHI

2 min  |

November 04, 2025

Financial Express Pune

CASA ratio up a tad as banks aim to protect NIMs

BANKS ARE STEPPING up efforts to grow current account and savings account (CASA) deposits, in a bid to protect margins amid a competitive deposit environment.

1 min  |

November 04, 2025

Financial Express Pune

Groww anchor book attracts bids worth ₹50,000 crore

GROWW HAS ATTRACTED bids worth ₹50,000 crore from anchor investors ahead of the opening of its initial public offering (IPO) for public subscription on Tuesday, according to reports.At the upper end of the price band of 95-100, the anchor book is expected to beat =2,950-3,000 crore.

1 min  |

November 04, 2025

Financial Express Pune

Choksi challenges extradition in Belgian apex court

FUGITIVE DIAMANTAIRE MEHUL Choksi has challenged before the Supreme Court of Belgium the October 17 order of the Antwerp Court of Appeals, which had termed India’s request seeking his extradition “enforceable”, officials said Monday.

1 min  |

November 04, 2025

Financial Express Pune

Peak XV eyes near 40x returns in Pine Labs IPO

PEAK XV IS set to make a near 40x return on its investment in unicorn Pine Labs, which has priced its initial public offering (IPO) in the range of §210-221. The early backer has a 20.25% stake in the fintech firm and invested at a weighted average price of %5.60 per share. It is looking to sell up to 23 million shares in the IPO, which could fetch it as much as %508 crore at the upper end of the price band.

1 min  |

November 04, 2025

Financial Express Pune

India needs large, resilient banks to compete globally’

Bank of Baroda has set an ambitious target to grow its fee-based income from 7-8% to 11-12% of total income.In an interview with Mahesh Nayak, Debadatta Chand, MD & CEO, speaks about the bank’s strategy to scale up its corporate loan book, deepen retail, agri, MSME penetration, and outlines plans to list key subsidiaries. Excerpts:

3 min  |

November 04, 2025

Financial Express Pune

Rabi sowing begins on a brisk note

ROBUST CULTIVATION

1 min  |

November 04, 2025

Financial Express Pune

Musk’s mega-pay plan tests grip on Tesla

TESLA'S SHAREHOLDERS WILI decide this week whether the automaker should award its chief executive, Elon Musk, stock worth almost $1 trillion if he achieves a series of impossible-sounding goals.

1 min  |

November 04, 2025

Financial Express Pune

LPG sops to drive OMCs profit in H2

STATE-OWNED OlL marketing companies (OMCs) are likely to sustain their profitability momentum in the remaining quarters of the fiscal 2025-26 on the back of robust refining and firm marketing margins,as per analysts.

1 min  |

November 04, 2025

Financial Express Pune

Domestic demand boosts Tata Consumer Q2 profit

TATA CONSUMER PRODUCTS on Monday reported an 11% year-on-year growth in consolidated net profit at 404 crore in the second quarter of FY26, driven by demand for salt and tea.

1 min  |

November 04, 2025

Financial Express Pune

Big win for Vi as SC allows govt to revisit.....

THE MOVEOFFERS the heavily indebted telecom operator a major breather. Vodafone Idea has long maintained that several of the deductions disallowed in earlier assessments were legitimate and that a fresh reconciliation could substantially reduce its liability.

1 min  |

November 04, 2025

Financial Express Pune

Microsoft signs $9.7-bn AI cloud deal with IREN

MICROSOFT HAS SIGNED an approximately $9.7 billion deal to purchase AI cloud capacity from IREN, becoming the Australian company’s largest customer.

1 min  |

November 04, 2025

Financial Express Pune

Instamart goes Zepto way, scraps handling, surge fees

PRICE WARS

1 min  |

November 04, 2025

Financial Express Pune

Factory PMI jumps to 59.2 in Oct

BUOYED BY GST RELIEF

1 min  |

November 04, 2025

Financial Express Pune

Airtel beats estimates, profit up 14% to ₹6,792 crore in Q2

AVERAGE REVENUE PER USER RISES TO %256

1 min  |

November 04, 2025

Financial Express Pune

ED’s ₹7,545-cr blow to Anil Ambani group

THE ENFORCEMENT DIRECTORATE (ED) on Monday said its special task force has provisionally attached over 132 acres of land in Dhirubhai Ambani Knowledge City in Navi Mumbai, worth ₹4,462.81 crore, as part of an alleged money-laundering probe against the group.

2 min  |

November 04, 2025

Financial Express Pune

How pay commissions decide salary hikes of central govt staff

The Eighth Central Pay Commission (CPC)is set to revise the compensation structure for over 4.7 million central government employees & 6.8 million pensioners.

2 min  |

November 04, 2025

Financial Express Pune

Oct two-wheeler sales up 2%

THE TWO-WHEELER industry saw a modest uptick in October, with total domestic wholesales touching 2.11 million units,a 2% rise from 2.06 millionin the same month last year. The improvement marked the second consecutive month of growth following the GST rate cut.

1 min  |

November 04, 2025

Financial Express Pune

Day 2: Lenskart’s ₹7,278-crore IPO subscribed 2 times

THE INITIAL PUBLIC offering (IPO) of Lenskart Solutions received 2.01 times subscription on the second day of share sale on Monday.

1 min  |

November 04, 2025

Financial Express Pune

Kimberly-Clark to buy Tylenol maker for over $40 billion

KLEENEX MAKER KIMBERLY-Clark said on Monday it will buy Tylenol parent Kenvue for more than $40 billion to create one of the biggest consumer health goods companies in the US.

1 min  |

November 04, 2025

Financial Express Pune

Govt aims to offload 10 MT of rice

WITH ADDITIONAL GRAIN allocated for the ethanol blending programme inthe 2025-26 season (November-October), the government is aiming to offload a record 10 MT of ricein the market in the current fiscal year from its surplus stock.

1 min  |

November 04, 2025

Financial Express Pune

Centre sees no threat to FY26 fiscal deficit target

Scheme savings, non-tax surge to cover spending hike, tax gaps

2 min  |

November 04, 2025

Financial Express Pune

MUFG in talks to acquire 20% in Shriram Finance

JAPANESE BANKING GIANT Mitsubishi UFJ Financial Group (MUFG) is in advanced negotiations to acquire a 20% stake in Shriram Finance, according to a report by Moneycontrol. This could be one of the biggest deals in the non-banking financial companies (NBFC) space this year.

1 min  |

November 04, 2025

Financial Express Pune

Mistry gears up for legal battle, calls for 'a fair hearing'

INDUSTRIALIST MEHLI MISTRY has filed a caveat petition before the Maharashtra Charity Commissioner, requesting that he be given “a fair hearing” before any formal move ismade to remove him as a trustee of Tata Trusts.

2 min  |

November 04, 2025

Financial Express Pune

China, others can’t have Nvidia’s AI chips: Trump

ARTIFICIAL INTELLIGENCE GIANT Nvidia’s most advanced chips will be reserved for US companies and kept out of China and other countries, US President Donald Trump said.

2 min  |

November 04, 2025

Financial Express Pune

BoB eyes faster credit growth

CORPORATE LENDING TO ACCELERATE TO 9-10% Y-O-Y FROM 3% IN Q2

1 min  |

November 04, 2025

Financial Express Pune

Pine Labs to raise ₹3,900 cr via IPO

PINE LABS, THE Noida-based digital payment solutions firm, on Monday fixed the price band at =210-221 per share for its initial public offering (IPO), targeting valuation of more than %25,300 crore.

1 min  |

November 04, 2025

Financial Express Pune

‘Our global presence has significantly improved’

Noida-based Pine Labs, which announced its initial public offering on Monday, has plans to expand its global footprint.

1 min  |

November 04, 2025

Financial Express Pune

Oyo rolls back bonus issue plan

HOSPITALITY TECH FIRM Oyo on Monday said it will withdraw its current bonus resolution plan following shareholder feedback.

1 min  |

November 04, 2025