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Financial Express Lucknow
ITC profit up 3% to ₹5,244 cr
CIGARETTE-TO-FMCG major ITC reported a 3% year-on-year (y-o-y) increase in consolidated net profit (attributable to owners of the company) to ₹5,244 crore in the June quarter (Q1FY26), led mainly by its cigarettes and agri businesses.
2 min |
August 02, 2025
Financial Express Lucknow
REITs, InvITs: Sebi seeks to widen investor base
IN A BID to widen the investor base of real estate trusts (REITs) and infrastructure trusts (InvITs) and improve inflows, the Securities and Exchange Board of India (Sebi) has proposed to allow foreign investors and qualified institutional buyers (QIBs) as strategic investors.
1 min |
August 02, 2025
Financial Express Lucknow
Poll Predicts 'Pause'
SPEAKING AT THE 'FE Modern BFSI Summit' recently, RBI governor Sanjay Malhotra said that the bar for further easing is now higher, though a neutral monetary policy stance provides the flexibility of moving up or down, or pause.
1 min |
August 02, 2025
Financial Express Lucknow
Swiggy's Rapido exit a 'right move'
SWIGGY'S DECISION TO re-evaluate its 12% stake in Rapido, citing a potential conflict of interest in the future after the ride-hailing platform's move to foray into food delivery, has been widely welcomed by analysts as a prudent strategic reset.
1 min |
August 02, 2025
Financial Express Lucknow
FX Reserves Up $2.7 Billion to $698.1 Billion
INDIA'S FOREX RESERVES rose by $2.703 billion to $698.192 billion during the week ended July 25, the RBI said on Friday.
1 min |
August 02, 2025
Financial Express Lucknow
Forensic accounting shouldn't be a post-fraud tool: Sebi chief
Board of India (Sebi) chairman Tuhin Kanta Pandey on Friday emphasised the crucial role of forensic auditors in India's growing capital markets.
1 min |
August 02, 2025
Financial Express Lucknow
Real estate, infra short of 2 million skilled workers, says Hiranandani
The real estate and infrastructure sectors are currently short of 2 million skilled workers—a gap that could widen to 5 million over the next five years, according to Niranjan Hiranandani, chairman of the Hiranandani Group.
2 min |
August 02, 2025
Financial Express Lucknow
Look beyond US market
URING THE PAST few weeks, it had become increasingly evident that the bilateral trade agreement (BTA) negotiations between India and the US had reached an impasse.
4 min |
August 02, 2025
Financial Express Lucknow
Benchmarks end in the red for 5 straight weeks
BENCHMARK EQUITY INDICES extended losses for the second straight session on Friday, falling up to 0.82% amid weak corporate earnings and concerns over US trade tariffs.
1 min |
August 02, 2025
Financial Express Lucknow
July auto sales remain flat on tepid demand
Festive Hope
2 min |
August 02, 2025
Financial Express Lucknow
Retail despatches fall 4.5%
In The Slow Lane
1 min |
August 02, 2025
Financial Express Lucknow
IDFC First Bank raises ₹4,876 cr via Warburg arm
IDFC FIRST BANK on Friday said it has mobilised ₹4,876 crore by allotting convertible cumulative preference shares (CCPS) to Currant Sea Investments BV, an affiliate company of global growth investor Warburg Pincus.
1 min |
August 02, 2025
Financial Express Lucknow
HUL well poised to leverage India's opportunities, says new CEO
Nair Anchors HUL's Bold Voyage
2 min |
August 02, 2025
Financial Express Lucknow
My Space Mission Beginning of India's Second Orbit: Shukla
Astronaut Shubhanshu Shukla on Friday described his journey to space as the beginning of India's \"second orbit\" with the aim to lead in the area of human spaceflight.
1 min |
August 02, 2025
Financial Express Lucknow
Lookout notice for Anil Ambani...
THE FIRM ADDED that Ambani was not on the board of R Infra since more than three years (March 2022).
1 min |
August 02, 2025
Financial Express Lucknow
Another few hundred words needed for I-T Bill clarity
The Select Committee of the Lok Sabha devoted approximately 25,000 hours to reviewing the Income Tax Bill 2025, which is meant to replace the Income Tax Act that has become large and unwieldy over decades.
2 min |
August 02, 2025
Financial Express Lucknow
Renault Takes Full Control of Chennai Plant
Renault on Friday announced that it has formally taken over Nissan's 51% stake in their joint venture, Renault Nissan Automotive India Private Ltd (RNAIPL), becoming the sole owner of the Chennai manufacturing facility.
1 min |
August 02, 2025
Financial Express Lucknow
RBI's MuleHunter to be expanded to 15-20 more banks
THE RESERVE BANK of India's innovation hub's AI/ML-based solution to identify mule bank accounts, MuleHunter.ai, will be implemented in 15-20 more banks in the next two months, Suvendu Pati, chief general manager at RBI said.
1 min |
August 02, 2025
Financial Express Lucknow
China humanoids will soon play the Hunger Games
BY FAR THE biggest crowd-pleaser at China's top artificial intelligence summit this week was the march of the robots.
3 min |
August 02, 2025
Financial Express Lucknow
Going strong: Apple Clocks Record India Revenue in June Qtr
Flags $1.1-billion impact from tariff in Sept quarter
2 min |
August 02, 2025
Financial Express Lucknow
TCS assures govt: All job offers intact, just delayed
Labour ministry sought clarity after union complaint
1 min |
August 02, 2025
Financial Express Lucknow
Goldman Poised to Buy Ice Cream Maker Froneri
GOLDMAN SACHS IS poised to buy into ice cream maker Froneri at a 15-billion-euro ($17.13 billion) valuation including debt, the Financial Times reported on Friday.
1 min |
August 02, 2025
Financial Express Lucknow
Actively pursuing passive funds, says Groww MF CEO
GROWW MUTUAL FUND is actively pursuing passive funds, chief executive officer Varun Gupta told FE.
1 min |
August 02, 2025
Financial Express Lucknow
National Film Awards: Shah Rukh Khan & Vikrant Massey best actors, 12th Fail best film
HINDI CINEMA DOMINATED the 71st National Film Awards on Friday with superstar Shah Rukh Khan winning his career's first best actor award for Jawan alongside Vikrant Massey for 12th Fail, which was named the best feature film.
2 min |
August 02, 2025
Financial Express Lucknow
Adani Power net falls 13.5%
ADANI POWER (APL) on Friday posted a 13.5% fall in its net profit in Q1FY26 at ₹3385 crore as compared to ₹3913 crore in Q1FY25.
1 min |
August 02, 2025
Financial Express Lucknow
Onus on taxpayer to identify errors
CHECK ENTRIES ACROSS FORM 16, FORM 26AS & AIS
3 min |
August 02, 2025
Financial Express Lucknow
High-frequency data present a mixed bag
A set of macroeconomic data released on Friday showed a mixed picture, while higher tariffs came into force for shipments to the US.
1 min |
August 02, 2025
Financial Express Lucknow
LAT Aerospace to build gas turbine engines
ZOMATO'S CO-FOUNDER, DEEPINDER Goyal, said his aviation startup LAT Aerospace is putting together a propulsion research team in Bengaluru, focused solely on building gas turbine engines from scratch.
1 min |
August 02, 2025
Financial Express Lucknow
Dow Down 1.3% in Wall Street Sell-Off
The new US tariffs on dozens of trading partners, including India, Canada and others, weighed on sentiment
1 min |
August 02, 2025
Financial Express Lucknow
Asia's factory activity worsens
ASIA'S FACTORY ACTIVITY deteriorated in July as soft global demand and lingering uncertainty over US tariffs weighed on business morale, private sector surveys showed on Friday, clouding the outlook for the region's fragile recovery.
1 min |