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Financial Express Lucknow

NBFCs bank on surplus liquidity for credit push

THE BUSINESS ENVIRONMENT is set to turn favourable for non-banking financial companies (NBFCs), thanks to two recent developments.

2 min  |

June 18, 2025

Financial Express Lucknow

DGCA Finds No Lapses

The meeting which was chaired by the director general of civil aviation, Fazi Ahmed Kidwai, was attended by Air India managing director and CEO Campbell Wilson, director of flight operations captain Pankul Mathur and Air India Express CEO Aloke Singh, alongside other senior officials responsible for operational and safety compliance across both airlines.

1 min  |

June 18, 2025

Financial Express Lucknow

Air India forced to cancel nine flights in two days

Cancellations come amid safety checks, glitches

2 min  |

June 18, 2025

Financial Express Lucknow

Trump Says He Wants a 'Real End', Not Just Ceasefire in Iran

US PRESIDENT DONALD Trump said he wanted a \"real end\" to the nuclear dispute with Iran and indicated he may send senior American officials to meet with the Islamic Republic as the Israel-Iran air war raged for a fifth day.

2 min  |

June 18, 2025

Financial Express Lucknow

Starlink nod: SpaceX Prez Shotwell meets Scindia

PRESIDENT AND COO of Elon Musk's SpaceX, Gwynne Shotwell, on Tuesday called on Communications Minister Jyotiraditya Scindia, a meeting that comes just days after Starlink secured a licence from the Telecom Department.

1 min  |

June 18, 2025

Financial Express Lucknow

Fund infusion: Zee promoters may tap state govt recoveries

PROMOTERS OF ZEE Entertainment may tap into recoveries from creditors as it builds its war chest for the ₹2,237-crore fund infusion into the firm, sector analysts said.

1 min  |

June 18, 2025

Financial Express Lucknow

Construction of Highways to Decline by 7-10% in FY26

SLOWER PROJECT AWARDING and challenges in project execution are expected to drag down the pace of highway construction in the current financial year by 7-10% on-year to 9,500-10,200 km, according to a report.

1 min  |

June 18, 2025

Financial Express Lucknow

93% of Rich Indians' Wealth Tied to Listed Firms: 360 ONE

AROUND 93% OF total wealth in India is tied to listed companies, according to the 360 ONE Wealth Creators list.

1 min  |

June 18, 2025

Financial Express Lucknow

G7 Condemns Iran, Supports Israel

War has raised alarms in Iran that had already been on edge

2 min  |

June 18, 2025

Financial Express Lucknow

57% Workers' Pay Still Doesn't Cover Basics, Finds ADP Report

EVENAS GLOBAL employment hit a record high in 2024, financial insecurity is rampant. A new report by ADP Research Institute reveals that 57% of workers worldwide are living paycheck to paycheck.

1 min  |

June 18, 2025

Financial Express Lucknow

Manufacturing: Salesforce CEO says AI robots next wave

WHILE THE ADOPTION of artificial intelligence (AI) has been relatively slower in the manufacturing sector, the next big thing in the space is likely to be the collaboration between the technology and robotics, Arundhati Bhattacharya, president and CEO at Salesforce-South Asia, said on Tuesday.

1 min  |

June 18, 2025

Financial Express Lucknow

Mahindra arm, Aernnova ink $300-mn multi-year contract

MAHINDRA AEROSTRUCTURES AND Aernnova Aerospace have signed a multi-year $300-million contract for the manufacturing of metal subassemblies and components for a range of Airbus and Embraer aircraft.

1 min  |

June 18, 2025

Financial Express Lucknow

India a digital powerhouse: Google country head

SWIFT EXPANSION OF India's digital economy has cemented the country's status as a \"powerhouse\", Google India's country manager and vice president Preeti Lobana said, emphasizing that a razor-sharp focus on trust and security are key to sustaining the momentum in the AI era.

2 min  |

June 18, 2025

Financial Express Lucknow

Adobe Launches App to Generate AI Videos, Images

ADOBE ON TUESDAY released a standalone Firefly mobile application for Android and iOS in an attempt to put a larger spotlight on its artificial intelligence-powered image generation and editing tools.

1 min  |

June 18, 2025

Financial Express Lucknow

Making every decimal earn...

THE TURNING POINT for Daga came when he helped organise and analyse data for the first cross-functional conference of the Aditya Birla Group, which was then made up of fiercely independent verticals.

1 min  |

June 18, 2025

Financial Express Lucknow

Oracle's $116 Billion Surge Leaves Little Room for Error on AI

ORACLE INVESTORS FIND themselves at a pivotal crossroads. Either heed the warning from a growing list of indicators that suggest the stock has run up too far, too fast — or continue to chase another rally that's been supercharged by lofty artificial intelligence expectations.

1 min  |

June 18, 2025

Financial Express Lucknow

SaaS Founders Head to Silicon Valley to Tap...

\"EMBEDDING ONESELF IN the AI epicentre helps compress learning cycles, attract ambitious teams and stay close to paradigm-shifting breakthroughs.

1 min  |

June 18, 2025

Financial Express Lucknow

Vishal Mega Mart promoters cut stake in ₹10,220-cr deal

PROMOTERS OF VALUE retailer Vishal Mega Mart on Tuesday offloaded 900 million shares, or nearly 20% stake, in the company in a ₹10,220-crore block deal.

1 min  |

June 18, 2025

Financial Express Lucknow

Megha Engg faces NHAI ban over Kerala lapse

The National Highways Authority of India (NHAI) has issued a show-cause notice to Megha Engineering and Infrastructure, asking why they should not be debarred from participating in future bids for one year.

1 min  |

June 18, 2025

Financial Express Lucknow

OpenAI wins $200-mn US defense contract

OPENAI HAS won a $200 million contract for a pilot programme aimed at helping the US Defence Department determine how it could use artificial intelligence for a range of administrative and security tasks.

1 min  |

June 18, 2025

Financial Express Lucknow

Microfinance reforms

The sector should listen to RBI's Rao and look beyond the conventional high-yielding business tag

2 min  |

June 18, 2025

Financial Express Lucknow

Govt allows export of pharma grade sugar

The government on Tuesday permitted the export of pharma grade sugar of up to 25,000 metric tonnes (MT) in a financial year.

1 min  |

June 18, 2025

Financial Express Lucknow

Wall Street edges lower as conflict persists

US STOCKS DECLINED on Tuesday as President Donald Trump played down a potential truce between Israel and Iran.

1 min  |

June 18, 2025

Financial Express Lucknow

First-mover advantage in green hydrogen: L&T chief

LARSEN & TOUBRO (L&T) HAS made major strides in clean energy, particularly in green hydrogen and small modular reactors, chairman and managing director SN Subrahmanyan, said at the company's 80th annual general meeting on Tuesday.

1 min  |

June 18, 2025

Financial Express Lucknow

Ola Brings Nil Commission; Drivers to Get Full Fare

RIDE-HAILING PLATFORM Ola on Tuesday said it has implemented a 0% commission model nationwide, enabling over a million driver partners to fully retain their fare earnings with no ride or income limits.

1 min  |

June 18, 2025

Financial Express Lucknow

110 Indian students moved out of Tehran for safety reasons

ANTICIPATING A MILITARY escalation by Israel on Iran, India on Tuesday asked its nationals to leave Tehran.

1 min  |

June 18, 2025

Financial Express Lucknow

Govt to repeal British-era Explosives Act

THE GOVERNMENT HAS set the ball rolling for the repeal of the existing Explosives Act of 1884 and replace it with a new law that will be in sync with the current requirements.

1 min  |

June 18, 2025

Financial Express Lucknow

Where the heat is rivalled by ideas

Metals on Day 2

2 min  |

June 18, 2025

Financial Express Lucknow

Bajaj Unveils New Model of e-Chetak

BAJAJ AUTO HAS launched the Chetak 3001 electric scooter at a price of ₹99,990.

1 min  |

June 18, 2025

Financial Express Lucknow

States' Capital Spending Likely Grew 21% in April

STATES' CAPITAL EXPENDITURE likely rose 21% on-year in April compared with a decline of 14% in the year-ago month, despite a moderation in tax collections.

1 min  |

June 18, 2025