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Financial Express Kochi

Small is powerful in Bihar

HANISHWAR NATH RENU, the eminent novelist who used to write on the social-political churning in Bihar, made two important observations on the society and development politics in Bihar in his most famous work, Maila Anchal (The Soiled Linen).

4 min  |

July 12, 2025

Financial Express Kochi

Flipkart Offers $50 Million Stock Buyback to Employees

E-COMMERCE GIANT FLIPKART has rolled out a new liquidity event for eligible employees holding vested stock options.

1 min  |

July 12, 2025

Financial Express Kochi

RBI Clarifies on Voluntary Gold Pledges for Loans Free of Collateral

BANKS MAY ACCEPT voluntary pledges of gold and silver from borrowers seeking collateral-free loans for agriculture and micro, small and medium enterprises, without violating the collateral-free status of such credit, the Reserve Bank of India (RBI) clarified on Friday.

1 min  |

July 12, 2025

Financial Express Kochi

Bonds recoup losses, close higher

GOVERNMENT BONDS RECOUPED early losses to end higher on Friday, led by a sharp rally in very long-term notes, as better-than-expected demand at an auction improved investor appetite.

1 min  |

July 12, 2025

Financial Express Kochi

AstroTalk Looks to Raise $50 Million, May Turn Unicorn

OIDA-BASED ONLINE astrology platform AstroTalk is in the process of raising around $50 million at a valuation of around $1.2-$1.5 billion, according to people in the know.

1 min  |

July 12, 2025

Financial Express Kochi

Credit growth stays muted at 9.5%, lags deposits

THE LOAN GROWTH continued to remain subdued at 9.5% year-on-year (y-o-y) for the fortnight ended June 27 while the rise in bank deposits at 10.1% outpaced the credit advancement, data released by the Reserve Bank of India (RBI) on Friday showed.

1 min  |

July 12, 2025

Financial Express Kochi

Nutella maker Ferrero to buy Kellogg for $3.1 billion

WK Kellogg on Thursday agreed to be bought by the owner of Ferrero Rocher in a deal worth around $3.1 billion, as the cereal maker has been struggling with weakening consumer demand due to persistently high inflation.

1 min  |

July 11, 2025

Financial Express Kochi

EY Launches AI Academy to Support Talent Upskilling

CONSULTING FIRM EY has launched an AI Academy to support enterprises in upskilling talent and helping them build critical AI capabilities.

1 min  |

July 11, 2025

Financial Express Kochi

Vedanta chief pitches '3D' plan for growth

MINING MAJOR VEDANTA on Thursday held its 60th annual general meeting (AGM), which was streamed live across social media.

2 min  |

July 11, 2025

Financial Express Kochi

RBI to conduct ₹2.5 lakh-crore seven-day VRRR auction today

In a move to suck out temporary liquidity from the financial system, the Reserve Bank of India on Thursday said it would conduct a seven-day variable rate reverse repo (VRRR) auction on Friday for an amount of ₹2.5 lakh crore.

1 min  |

July 11, 2025

Financial Express Kochi

Urban FMCG value growth pips rural

Last week, Dabur, along with peers such as Marico and GCPL, said they were seeing an uptick in Q1 volume growth, led by rural recovery and stable demand trends across markets.

1 min  |

July 11, 2025

Financial Express Kochi

ARC assets could shrink in FY26: Crisil

ASSETS UNDER MANAGEMENT (AUMs) of private ARCs (asset reconstruction companies), as measured by security receipts (SR) outstanding, are expected to decline 4-6% to around ₹1.05 lakh crore this fiscal, after sliding 15% in FY25, according to Crisil Ratings.

1 min  |

July 11, 2025

Financial Express Kochi

China facing a losing battle in drugs mkt

“WE DON’T EXPECT the Chinese players to keep selling the drugs at such low prices for too long,” said Jatish Sheth, secretary general, Confederation of Indian Pharmaceutical Industry.

1 min  |

July 11, 2025

Financial Express Kochi

JPMorgan Mulls Cutting India, China Share in EM Bond Index

JPMORGAN CHASE & Co is considering cutting the weight of the largest bond issuers, including China and India, in its flagship emerging-market index as it seeks to reflect a broader range of developing-nation debt.

1 min  |

July 11, 2025

Financial Express Kochi

Lilavati Trust Fires Fresh Salvo at HDFC Bank Chief Executive

IN YET ANOTHER development in the ongoing dispute involving the Lilavati Kirtilal Mehta Medical Trust (LKMM Trust) and HDFC Bank CEO Shashidhar Jagdishan, LKMM has flagged a regulatory breach in the 'covert' appointment of Jagdishan as the financial advisor to the trust.

1 min  |

July 11, 2025

Financial Express Kochi

India's quick commerce market to touch ₹2L cr by FY28: CareEdge

INDIA'S QUICK COMMERCE sector is experiencing explosive growth, with the market estimated to have reached around ₹64,000 crore in FY25.

1 min  |

July 11, 2025

Financial Express Kochi

Govt Mulls Selling Minority Stake in LIC

The Government is working on further stake sale in Life Insurance Corporation (LIC) and the disinvestment department would work out finer details of the transaction, sources said.

1 min  |

July 11, 2025

Financial Express Kochi

Priya Nair to be first woman to helm HUL

THE COMPANY ALSO added that Nair will join the board, subject to necessary approvals and continue to be a member of the Unilever Leadership Executive.

1 min  |

July 11, 2025

Financial Express Kochi

CPSEs, Railways & NHAI Report 15% Rise in Q1 Capex

Growth Push

1 min  |

July 11, 2025

Financial Express Kochi

Canara Bank drops 'fraud' label on loan by RCom

THE CANARA BANK on Thursday informed the Bombay High Court that it has withdrawn its order classifying as \"fraudulent\" the loan account of a firm linked to industrialist Anil Ambani.

1 min  |

July 11, 2025

Financial Express Kochi

Bond Sales by Banks Slump to 11-Year Low

Domestic credit demand rose 9.6% in the year through June 13

1 min  |

July 11, 2025

Financial Express Kochi

Two top Smartworks execs to get ₹4 cr for IPO success

NEETISH SARDA AND Harsh Binani, founders and part of the top management at Smartworks Coworking Spaces will get ₹2 crore cash bonus each on successful completion of the initial public offer.

1 min  |

July 11, 2025

Financial Express Kochi

Insolvency Bill may be deferred

THE TABLING OF the Bill to amend the Insolvency and Bankruptcy Code (IBC) in the upcoming monsoon session of Parliament looks uncertain, given that “there has been no consultations with stakeholders till date on the draft Bill,” according to an official source.

1 min  |

July 11, 2025

Financial Express Kochi

G7 and the doublespeak of war

In 50 years, the tables have turned on trade deficit but the G7 economies continue to absolve themselves of igniting conflicts

3 min  |

July 11, 2025

Financial Express Kochi

Black boxes undamaged in Air India crash, say investigators

Investigators of the deadly Air India airliner crash that killed 260 last month told a meeting of lawmakers that the plane's black boxes were not damaged, two people familiar with the discussions said.

1 min  |

July 11, 2025

Financial Express Kochi

US crude supplies to India surge 50% in H1

Indian refiners' preference for non-OPEC crude growing: S&P

3 min  |

July 11, 2025

Financial Express Kochi

Russian strikes hit Kyiv for 2nd day

Hundreds of Russian drones and more than a dozen missiles targeted Kyiv and other Ukrainian regions in a second massive air attack in two days early on Thursday ahead of what the U.S. and Russia said were 'frank' talks between them on ending the war.

1 min  |

July 11, 2025

Financial Express Kochi

Slow to shift gears, Hero struggles in fast-changing 2W market

HERO MOTOCORP'S REIGN as the country's biggest manufacturer of two-wheelers may soon come to an end. Over the past decade, the company has seen its market share shrink from 40% to 29%.

3 min  |

July 11, 2025

Financial Express Kochi

Meta Poaches Apple AI Star With Pay Bigger Than Cook's

META PLATFORMS HAS made unusually high compensation offers to new members of its \"superintelligence\" team—including a more than $200 million package for a former Apple distinguished engineer.

2 min  |

July 11, 2025

Financial Express Kochi

Marketing minus Mad Men

WITH A FRESH WAVE OF AI FEATURES, GOOGLE IS REIMAGINING THE AD FUNNEL

3 min  |

July 11, 2025