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Financial Express Pune

Tata Steel's profit up nearly fourfold

TATA STEEL ON Wednesday reported a 272% jump in its consolidated net profit at ₹3,102 crore onthe back of better steel realisations and lower expenses aided by strategic cost transformation initiatives.

2 min  |

November 13, 2025

Financial Express Pune

Food inflation in negative zone for 5th month in a row

RETAIL FOOD INFLATION remained in the negative zone for the fifth consecutive month in October when it came in at (-) 5.02%, largely driven by subdued prices of vegetables, cereals, pulses, meat, eggs and spices.

1 min  |

November 13, 2025

Financial Express Pune

Get ready for transition to ECL framework, PSBs told

FINANCIAL SERVICES SECRETARY M Nagaraju on Wednesday asked public sector banks (PSBs) to get ready for the transition to the Expected Credit Loss (ECL) framework.

2 min  |

November 13, 2025

Financial Express Pune

Cabinet nod to ₹45k-cr export schemes

TO HELP EXPORTERS tide over the tariff turbulence, the government on Wednesday announced a %45,060 crore package that will help reduce their credit costs and fast-track market diversification.

1 min  |

November 13, 2025

Financial Express Pune

Rebuilding digital trust

TATA CONSULTANCY SERVICES (TCS) recently denied losing the Marks & Spencer account due to a cyberattack.

2 min  |

November 13, 2025

Financial Express Pune

Panel draws the line for Sebi top brass

Pre-appointment disclosure of assets proposed

1 min  |

November 13, 2025

Financial Express Pune

DRAFT ECL NORMS Banks to flag high loss-given default provisioning

WITH THE RESERVE Bank of India (RBI) set to stop receiving feedback on the draft expected credit loss (ECL) framework by November 30, banks are seeking flexibility on the loss-given default (LGD) assumption of 45% for exposures secured by eligible collateral. Lenders argue that this could overstate the loss potential in certain asset classes.

2 min  |

November 13, 2025

Financial Express Pune

CAMS rolls out AI tool to ease compliance

COMPUTER AGE MANAGEMENT Services (CAMS), India’s largest registrar and transfer agent for mutual funds, announced on Wednesday the launch of CAMS Lens, an AI-powered tool capable of providing real-time contextual analysis of regulatory changes.

1 min  |

November 13, 2025

Financial Express Pune

Sensex vaults 595 points as rally extends for 3rd session

Investors richer by *4.78L crore, biggest single-day rise since Sept 1

1 min  |

November 13, 2025

Financial Express Pune

‘We can take over stressed discoms and turn them around’

Tata Poweris stepping up its clean energy play — from acquiring a 40% stake ina hydropower project in Bhutan to setting up a 10 GWwafers and ingots facility in India.

2 min  |

November 13, 2025

Financial Express Pune

Sebi plans extensive reforms to woo foreigners: Pandey

THE SECURITIES AND Exchange Board of India (Sebi) is planning more reforms to woo foreign investors, including speeding up registration, reducing the cost of trading in the cash equities market and making it easier to short-sell, Chairman Tuhin Kanta Pandey said on Wednesday.

1 min  |

November 13, 2025

Financial Express Pune

Groww makes stellar market debut

Shares close with 31% gain

1 min  |

November 13, 2025

Financial Express Pune

Agentic AI: Marketing's new brain

BRANDS EMBRACE THE NEXT ERA OF AI-LED MARKETING TRANSFORMATION

3 min  |

November 13, 2025

Financial Express Pune

AI’s power grab has to face affordability politics

EVEN AS THE labour and housing markets slow, the “three As” of the Trump economy have kept things chugging along in 2025: artificial intelligence, asset prices, and the affluent.Last week’s elections showed voters have a fourth “A” in mind that threatens the current dynamic: affordability.

3 min  |

November 13, 2025

Financial Express Pune

Move to induct Neville, Bhat in SRTT delayed

THE TATA GROUP'S internal power balance remains delicate even a day after Noel Tata succeeded in placing his son, Neville,and Tata group veteran Bhaskar Bhat on the board of one of the two powerful trusts that holds majority stake in Tata Sons. But his efforts to induct the two on the other trust fell through, sources said.

1 min  |

November 13, 2025

Financial Express Pune

A price-expectations mismatch

A CONSEQUENCE OF THE GAP IS THAT THE REAL COST OF CAPITAL REMAINS STUBBORNLY HIGH IN INDIA

3 min  |

November 13, 2025

Financial Express Pune

SpiceJet loss widens to 621 cr on higher costs

SPICEJET ON FRIDAY reported a consolidated net loss of 621 crore in the second quarter of FY26, up 35% from %458 crore inthe same quarter of FY25.The losses were attributed to weak demand, grounded fleet, recalibration of dollar-based future obligations and airspace restrictions, which sharply increased operating costs.

1 min  |

November 13, 2025

Financial Express Pune

Fujiyama Power raises ₹247 crore from anchor investors

FUJIYAMA POWER SYSTEMS, which provides solutions for the rooftop solar industry, on Wednesday said it has raised $247 crore from anchor investors just a day before opening of its initial share sale for public subscription.

1 min  |

November 13, 2025

Financial Express Pune

Oct retail inflation dips to series-low of 0.25%

Sustained fall in vegetable prices, GST cuts pull down the index

1 min  |

November 13, 2025

Financial Express Pune

Experts see another Fed rate cut in Dec amid job mkt strain

FEDERAL RESERVE GOVERNOR Stephen Miran said better-than-expected inflation data and signs of continued weakness in the job market call for a third consecutive interest-rate cut in December.

1 min  |

November 13, 2025

Financial Express Pune

Wall St expedites India hiring amid visa limits

JPMORGAN CHASE IS hiring credit support specialists in Bengaluru to check for covenant breaches.

2 min  |

November 13, 2025

Financial Express Pune

NaBFID mops up ₹4,000 cr via bonds

NATIONAL BANK FOR Financing Infrastructure and Development (NaBFID) on Wednesday raised about %4,000 crore through two bond issuances with maturities of five years and 15 years.

1 min  |

November 13, 2025

Financial Express Pune

Delhi blast: Three more J&K doctors questioned

INVESTIGATORS SAY UMAR, GANAI CENTRAL PLAYERS

2 min  |

November 13, 2025

Financial Express Pune

Chandrasekaran: Demerger to end cross-subsidisation

'STAGE SET FOR INDEPENDENT GROWTH OF CV & PV BUSINESSES'

2 min  |

November 13, 2025

Financial Express Pune

Chola Finance bets on mortgage biz

CHOLAMANDALAM INVESTMENT AND Finance Company is focusing on the mortgage businesses to drive asset growth and diversification, even as it reworks the product strategies for newer segments such as consumer and small enterprise loans (CSEL) and SME loans over pricing and profitability issues.

1 min  |

November 13, 2025

Financial Express Pune

Asian Paints rises 43% on strong domestic demand

ASIAN PAINTS ON Wednesday reported a 43% year-on-year increase in its consolidated net profit for the September quarter (Q2FY26) to €994 crore, beating street estimates of 895 crore for the period.

1 min  |

November 13, 2025

Financial Express Pune

Pakistan plans immunity for Field Marshal Asim Munir

PAKISTAN'S PARLIAMENT IS considering a constitutional amendment to grant immunity to Field Marshal Asim Munir, a move that is seen to expand his influence over the South Asian nation’s defence and civilian matters.

1 min  |

November 13, 2025

Financial Express Pune

BSNL opens data centres to pvt players, startups

STATE RUN-BHARAT SANCHAR Nigam (BSNL) has opened its data centre network to private players, entrepreneurs, and startups through the recent revenue-sharing partnership policy, marking a key shift in its business strategy.

1 min  |

November 13, 2025

Financial Express Pune

US House set for crunch vote on ending shutdown

THE HOUSE OF Representatives will try to end the longest government shutdown in US history on Wednesday, with a vote on a stopgap funding package to restart disrupted food assistance, pay hundreds of thousands of federal workers and revive a hobbled air-traffic control system.

2 min  |

November 13, 2025

Financial Express Pune

Direct tax collections increase 7% on year

Nearly half the required rate to meet BE

1 min  |

November 12, 2025