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Financial Express Pune

IPO Buzz Back...

“NOW, THE MARKET is becoming active as promoters and investors are finding a common ground, in terms of valuations,” he said.

1 min  |

June 05, 2025

Financial Express Pune

India Opposes ADB's Decision to Provide $800-mn Loan to Pak

INDIA HAS EXPRESSED deep concerns over the decision of the Asian Development Bank (ADB) to extend a loan of $800 million to Pakistan in the light of the country's support to cross-border terrorism and possible diversion of funds meant for development and reforms objectives to defence spending, government sources said.

1 min  |

June 05, 2025

Financial Express Pune

India Needs Big Investments to Achieve Net-Zero Goal: Moody's

INDIA WILL NEED to invest around 2% of its real gross domestic product (GDP) annually in the power sector over the next decade to meet its 2070 net-zero target, Moody's Ratings said on Wednesday.

1 min  |

June 05, 2025

Financial Express Pune

EV-only push raises China risk: Industry veteran

Concerns are growing over India's dependence on China for critical electric vehicle (EV) components.

1 min  |

June 05, 2025

Financial Express Pune

Celebrations Turn Fatal at RCB Victory Parade

THE CELEBRATIONS FOR the RCB's first-ever IPL win turned tragic on Wednesday as at least 11 persons died and more than 30 were injured in a stampede outside the Chinnaswamy Stadium on Wednesday after thousands of RCB fans gathered to catch a glimpse of the team.

1 min  |

June 05, 2025

Financial Express Pune

Most states want tax revenue share hiked to 50%, says Panagariya

MAJORITY OF 28 states have asked the Finance Commission to increase tax revenue distribution between the Centre and states to 50%, the panel's chairman said here on Wednesday.

1 min  |

June 05, 2025

Financial Express Pune

Sugar output may see a rebound

THE INDUSTRY HAS projected a significant recovery in India's sugar output in the 2025-26 (October-September) season from a projected 5-year low at 29.5 million tonne (MT) in 2024-25.

1 min  |

June 05, 2025

Financial Express Pune

Parag Parikh valuation

THE SHARE PRICE of PPFAS is currently quoting at ₹11,800 apiece in the unlisted market, up from ₹8,200 on April 30, 2025, pushing the valuation of the firm to ₹10,620 crore ($1.23 billion).

1 min  |

June 05, 2025

Financial Express Pune

Classic Legends to begin export of its bikes soon

Mahindra-backed Classic Legends, which has revived brands such as Jawa, Yezdi, and BSA, will soon start exporting motorcycles to seven markets, including the US, the UK, Australia, New Zealand, Japan, Mexico, and the Middle East.

1 min  |

June 05, 2025

Financial Express Pune

Structural Gains May Take Agri Sector to $1.4 Trillion by 2035

Structural Advantages

1 min  |

June 05, 2025

Financial Express Pune

Zepto's fall: From soaring valuations to viral criticism

Zepto, once a darling of the startup ecosystem with its blazing growth and soaring valuations, now seems to be in the spotlight for less flattering reasons.

2 min  |

June 05, 2025

Financial Express Pune

Driving RFID beyond highways THE NEW TECH OFFERS BETTER OUTCOMES WHEN BLENDED WITH AI AND IOT TECHNOLOGY

THE NEW TECH OFFERS BETTER OUTCOMES WHEN BLENDED WITH AI AND IOT TECHNOLOGY

3 min  |

June 05, 2025

Financial Express Pune

Markets rebound after three-day fall; Sensex gains 261 pts

Bouncing Back

1 min  |

June 05, 2025

Financial Express Pune

Waldorf Astoria Set for Second India Address

HILTON ON WEDNESDAY announced the signing of a second Waldorf Astoria hotel in India, to come up at Aerocity, New Delhi.

1 min  |

June 05, 2025

Financial Express Pune

Flipkart sells ABFRL stake in ₹582-cr deal

Walmart-owned Flipkart on Wednesday sold its entire 6% stake in Aditya Birla Fashion & Retail (ABFRL) in a ₹582-crore bulk deal.

2 min  |

June 05, 2025

Financial Express Pune

Liquidity surplus at ₹3 lakh crore hits 3-year high

The liquidity in the banking system hit the ₹3 lakh-crore mark on Tuesday—a three-year high—due to the Reserve Bank of India's (RBI) consistent liquidity-injection measures and the government's month-end spending, estimated at around ₹1 lakh crore, said market participants.

1 min  |

June 05, 2025

Financial Express Pune

Services Growth Steady in May on Robust Demand

Index at 58.8 shows another sharp rate of expansion

1 min  |

June 05, 2025

Financial Express Pune

US & EU See Progress in Trade Talks

The European Union and the US are headed in the \"right direction\" in trade talks, though new American levies on steel and aluminum imports aren't helpful if both sides want to maintain momentum, Maros Sefcovic said after meeting with US Trade Representative Jamieson Greer.

1 min  |

June 05, 2025

Financial Express Pune

A Circular Clean-Tech Manufacturing

Since India is still building its clean energy manufacturing base, the country has a unique opportunity to embed circularity from the start

3 min  |

June 05, 2025

Financial Express Pune

Finmin Wants Lower Energy Prices Before Decision on Green Steel Sops

THE FINANCE MINISTRY wants green hydrogen prices to soften before deciding on financial support for production of steel using clean energy, two sources familiar with the matter said, as New Delhi seeks to control inflation and its expenditure.

1 min  |

June 05, 2025

Financial Express Pune

Indians our largest customer base in Dubai: Sobha Group

YOUNG INDIANS ARE increasingly making a beeline to buy property in the United Arab Emirates (UAE), especially Dubai.

1 min  |

June 05, 2025

Financial Express Pune

Infra, energy, govt firms among top capex players in FY23-24

The list of top 10 corporate investors in the country remained unchanged for both FY23 and FY24, reports Saikat Neogi.

1 min  |

June 05, 2025

Financial Express Pune

Hyundai exits Ola Electric, Kia pares holding in ₹689-cr sale

HYUNDAI MOTOR SOLD its entire stake in Ola Electric, while rival South Korean carmaker Kia trimmed its holding, in a combined share sale worth ₹689 crore ($80 million), according to exchange data.

1 min  |

June 05, 2025

Financial Express Pune

No change in FDI policy with land-bordering countries: Govt

THERE HAS BEEN no amendment made in the policy governing foreign direct investment (FDI) from countries sharing land borders with India and these apply to all countries equally, sources said.

1 min  |

June 05, 2025

Financial Express Pune

Maruti to invest ₹925 cr in solar power

MARUTI SUZUKI INDIA on Wednesday announced plans to invest over ₹925 crore to ramp up its captive solar power capacity to 319 megawatt peak (MWp) by FY31.

1 min  |

June 05, 2025

Financial Express Pune

FSDC meet: FM to review economic challenges

Amid Global Uncertainties

1 min  |

June 05, 2025

Financial Express Pune

Balancing Development with Sustainability

Monitoring 3,000+ projects across Punjab, Haryana, and Chandigarh UT, RO Chandigarh ensures compliance with environmental norms under MoEF&CC. Focus areas include green belts, solar energy, rainwater harvesting, and CSR

2 min  |

June 05, 2025

Financial Express Pune

Cart before the horse

The new EV policy is bound to be a non-starter as it falls short on both need and timing

2 min  |

June 05, 2025

Financial Express Pune

Bullet train to Guj won't hit biz: Maha CM

MAHARASHTRA CHIEF MINISTER Devendra Fadnavis on Wednesday said the improved connectivity with Gujarat through the bullet train will not lead to a migration of business out of the financial capital.

1 min  |

June 05, 2025

Financial Express Pune

Re falls 26 paise on dollar demand

THE RUPEE DEPRECIATED for the second consecutive session and settled for the day lower by 26 paise at 85.91 against the US dollar on Wednesday, largely driven by strong dollar demand from importers.

1 min  |

June 05, 2025