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Financial Express Lucknow

ITC Hotels Targets 220 Units, 20K Keys by 2030

ITC Hotels is aiming at expanding its portfolio to over 220 operating units with more than 20,000 keys by 2030, its latest annual report said.

1 min  |

July 19, 2025

Financial Express Lucknow

IOB's profit surges 76% on other income boost

INDIAN OVERSEAS BANK'S (IOB) net profit rose 76% year-on-year to ₹1,111 crore in the April-June quarter due to a fall in provisions and growth in other income.

1 min  |

July 19, 2025

Financial Express Lucknow

2 fast, 2 furious

A HOOT TO DRIVE, BUT THE REAR SEAT IS TOO TIGHT

2 min  |

July 19, 2025

Financial Express Lucknow

RIL net zooms 78%

OIL AND GAS revenues declined 1.2% to ₹6,103 crore, while segment Ebitda fell 4.1% to ₹4,996 crore.

1 min  |

July 19, 2025

Financial Express Lucknow

Russian firm's plan to exit Nayara set to get derailed

Lower price cap to help India cut oil import bill

1 min  |

July 19, 2025

Financial Express Lucknow

Jio PAT rises 1.25% in Q1

RELIANCE INDUSTRIES SUBSIDIARY Jio Platforms (JPL) on Friday posted a 1.25% rise in its net profit during the June quarter on the back of sequential rise in average revenue per user (Arpu) and uptick in data consumption.

2 min  |

July 19, 2025

Financial Express Lucknow

Pakistan FM in US to finalize trade deal

PAKISTAN'S FINANCE MINISTER Muhammad Aurangzeb is in the US to negotiate Washington's demands as part of trade talks ahead of an August deadline, sources said.

1 min  |

July 19, 2025

Financial Express Lucknow

Reliance Retail profit up 28%, revenue rises 11%

RELIANCE RETAIL, THE retail arm of Reliance Industries (RIL), on Friday posted a 28.3% year-on-year rise in consolidated net profit to ₹3,271 crore for the quarter ended June 30.

1 min  |

July 19, 2025

Financial Express Lucknow

FPIs take flight after 4 months

AFTER FOUR MONTHS of sustained buying, foreign portfolio investors (FPIs) have turned net sellers in July, offloading shares worth $740 million (₹6,353 crore) so far, as tariff uncertainties and positive sentiment in the US markets weighed on domestic bourses.

1 min  |

July 19, 2025

Financial Express Lucknow

EU, UK Hit Russia With New Sanctions

Crimping Kremlin's Revenue

2 min  |

July 19, 2025

Financial Express Lucknow

South Indian Bank targets double-digit FY26 growth

SOUTH INDIAN BANK is poised for double-digit growth this financial year, with plans to expand asset books north of 12% and deposit growth to match, managing director and CEO PR Seshadri said.

1 min  |

July 19, 2025

Financial Express Lucknow

Hindustan Zinc profit drops 5% in Q1

VEDANTA GROUP FIRM Hindustan Zinc (HZL) on Friday reported a 4.7% decline in consolidated net profit at ₹2,234 crore for the quarter ended June 30, 2025, on account of a decline in revenue.

1 min  |

July 19, 2025

Financial Express Lucknow

Revised Stand-Up India Scheme Set for September Rollout

Loans up to ₹2 crore for first-time women, SC, and ST entrepreneurs

1 min  |

July 19, 2025

Financial Express Lucknow

Reliance arm buys Kelvinator

THE ACQUISITION BRINGS to a close a six-year partnership between Electrolux and Reliance Retail, which began with a brand licensing agreement in 2019.

1 min  |

July 19, 2025

Financial Express Lucknow

Caution and cleverness key to US trade talks, says Rajan

INDIA NEEDS TO BE 'very careful and clever' while negotiating trade agreements with the US, especially with regard to the agriculture sector, which is heavily subsidised by developed countries, former RBI Governor Raghuram Rajan said on Friday.

1 min  |

July 19, 2025

Financial Express Lucknow

Zepto duo top youngpreneurs

Kaivalya Vohra, 22, and Aadit Palicha, co-founders of Zepto, have topped the 2025 Avendus Wealth Hurun India Under-30 list, released on Thursday.

1 min  |

July 18, 2025

Financial Express Lucknow

Volvo's profit beats estimates

SWEDISH TRUCKMAKER VOLVO reported better than expected quarterly earnings on Thursday, sending its shares 3% higher in early trading, as signs of recovery in Europe helped it offset sluggish demand in North America.

1 min  |

July 18, 2025

Financial Express Lucknow

Insurers Leveraging Lender Distribution, Says Keki Mistry

INSURANCE COMPANIES ARE increasingly leveraging the wide distribution networks of banks and microfinance lenders to offer insurance solutions in underpenetrated Tier II and III cities, HDFC Life Insurance chairman Keki Mistry said at the 25th annual general meeting.

1 min  |

July 18, 2025

Financial Express Lucknow

ONGC inks MoU with bp for offshore drilling

STATE-OWNED OIL and Natural Gas Corporation (ONGC) on Thursday signed a strategic Memorandum of Understanding with bp to collaborate on drilling stratigraphic wells in India's Category II & III offshore sedimentary basins: Andaman, Mahanadi, Saurashtra, and Bengal.

1 min  |

July 18, 2025

Financial Express Lucknow

Adani to exit Wilmar JV

Long Association to End

2 min  |

July 18, 2025

Financial Express Lucknow

Puri Hints at Fuel Price Cut if Crude Is Stable

OIL MINISTER HARDEEP Singh Puri said on Thursday that the prices of petrol and diesel could be cut in the coming months if crude prices remained at current levels.

1 min  |

July 18, 2025

Financial Express Lucknow

L&T chairman remuneration jumps 50% to ₹76.25 cr

The remuneration of Larsen & Toubro chairman S N Subrahmanyan, who came into the spotlight months ago for endorsing a 90-hour work week, increased by almost 50% to ₹76.25 crore in FY25 over FY24.

1 min  |

July 18, 2025

Financial Express Lucknow

Fino keen on SFB licence for growth

WITH OVER 14 million customers and a merchant network spanning 95% of India's districts, Fino Payments Bank (Fino Bank) is hoping it will receive a licence for a small finance bank (SFB) that will allow it to lend.

1 min  |

July 18, 2025

Financial Express Lucknow

Over 577K enrolled at many places in Bihar: EC

The Election Commission (EC) has so far found that over 576,000 electors in Bihar are enrolled at multiple places and over 1.25 million have probably died.

1 min  |

July 18, 2025

Financial Express Lucknow

Clinch trade pact with US on own terms, says EAC-PM chairman

INDIA SHOULD NEGOTIATE a trade agreement with the US on its own terms, keeping in view the national interest, Economic Advisory Council to the Prime Minister (EAC-PM) chairman S Mahendra Dev has said.

1 min  |

July 18, 2025

Financial Express Lucknow

Citi downgrades India, sees upside in Chinese stocks

CITIGROUP STRATEGISTS HAVE upgraded their allocation views for Chinese and South Korean equities to \"overweight,\" citing expectations of improving earnings even as tariff risks remain.

1 min  |

July 18, 2025

Financial Express Lucknow

Jio Financial Profit Rises 4%

JIO FINANCIAL SERVICES on Thursday reported a 4% increase in its consolidated net profit to ₹325 crore for the quarter ended June, compared with ₹313 crore in the same quarter a year ago.

1 min  |

July 18, 2025

Financial Express Lucknow

South Indian Bank Profit Climbs 9% on Higher Other Income

SOUTH INDIAN BANK on Thursday reported a 9.46% year-on-year increase in net profit to ₹321.95 crore for Q1FY26, aided by a jump in other income, even as interest income remained subdued.

1 min  |

July 18, 2025

Financial Express Lucknow

Derivatives activity slips by a third post Jane ban

TRADING IN WEEKLY equity index options has slumped by a third since the Securities and Exchange Board of India (Sebi) banned US high-frequency trading giant Jane Street earlier this month, exchange data showed on Thursday.

1 min  |

July 18, 2025

Financial Express Lucknow

Asean FTA blues

India must ensure that this deal works to its advantage at the 10th review meeting

2 min  |

July 18, 2025