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Financial Express Lucknow

Elexio charges ahead: Hyundai's bold move in China's EV market

HYUNDAI MOTOR CO. is set to launch its first battery electric vehicle specifically for the Chinese market as the carmaker seeks to counter local competition and reverse slumping sales.

1 min  |

May 08, 2025

Financial Express Lucknow

Good news for consumers, domestic alcohol firms unhappy

CONSUMERS OF scotch whisky and gin may find their favourite brands becoming cheaper, thanks to the India-UK FTA which will lead to import duty on them being halved to 75% from 150%.

2 min  |

May 08, 2025

Financial Express Lucknow

Rethinking the state's role

A landmark ruling on May 2, the Supreme Court of India ordered the liquidation of Bhushan Power and Steel Ltd (BPSL) while disposing of an appeal filed in 2020.

4 min  |

May 07, 2025

Financial Express Lucknow

Prime homes: Bengaluru 4th globally

BENGALURU, MUMBAI, AND Delhi have been ranked among the top 15 global cities for prime residential price growth in Q1 2025, according to Knight Frank.

1 min  |

May 07, 2025

Financial Express Lucknow

Microsoft blocks OpenAI's rejig plan

AFTER MONTHS OF public pressure, OpenAI walked back part of its effort to create a more conventional for-profit company, but its restructuring plans still have not received the blessing of a major stakeholder: Microsoft Corp.

1 min  |

May 07, 2025

Financial Express Lucknow

Pharma Stocks Fall on Fresh Tariff Threats

DEEP DECLINE

1 min  |

May 07, 2025

Financial Express Lucknow

Ola Rejigs Structure to Consolidate Brand IPs

OLA GROUP is reorganising its corporate structure by establishing a holding company to consolidate its brand intellectual property (IP) assets, aiming to streamline internal ownership arrangements.

1 min  |

May 07, 2025

Financial Express Lucknow

OpenAI row: Panel set up to review copyright law

THE GOVERNMENT HAS set up a panel to review if existing copyright law is sufficient to tackle AI-related disputes, an official memo showed, at a time when OpenAI faces legal challenges stemming from accusations of exploiting copyrighted material.

1 min  |

May 07, 2025

Financial Express Lucknow

Gaganyaan mission slated for first quarter of 2027: Isro chief

THE LAUNCH OF India's maiden human space flight — Gaganyaan — has been pushed to the first quarter of 2027, nearly five years later than the original schedule as it races to ace technologies for such complex projects.

1 min  |

May 07, 2025

Financial Express Lucknow

Coforge sees large deals, AI driving growth

MID-CAP IT SERVICES firm Coforge is projecting strong growth in FY26, buoyed by a steady pipeline of large deals and rising demand for AI-driven solutions.

2 min  |

May 07, 2025

Financial Express Lucknow

Sebi mulls separate voluntary delisting of select PSUs

Making It Simple

2 min  |

May 07, 2025

Financial Express Lucknow

India will retaliate if EU goes ahead with carbon tax: Goyal

AS INDIA AND the European Union (EU) speed up negotiations on a free trade agreement (FTA), New Delhi has warned the 27-member bloc that any move to go ahead with its carbon tax on imports will invite retaliation.

1 min  |

May 07, 2025

Financial Express Lucknow

Ather Energy makes muted market debut

THE MUCH-AWAITED IPO of Ather Energy failed to impress investors, with the company's shares listing at a modest 2% premium over the issue price.

1 min  |

May 07, 2025

Financial Express Lucknow

Dream Sports inks pact with Microsoft

DREAM SPORTS, THE parent firm of fantasy gaming major Dream11, on Tuesday announced a strategic gaming collaboration with Microsoft.

1 min  |

May 07, 2025

Financial Express Lucknow

Stress in microfinance

If the business is to remain viable for lenders, law shouldn't hamper them from recovering loans

2 min  |

May 07, 2025

Financial Express Lucknow

BoB profit rises 3%, margins decline; stock slumps 10%

BANK OF BARODA on Tuesday reported a 3.3% year-on-year rise in its net profit to ₹5,048 crore for the fourth quarter of the previous financial year, hit by a decline in net interest income.

1 min  |

May 07, 2025

Financial Express Lucknow

Bajaj Market Share Dips; Honda Gains

HOWEVER, THE MOMENTUM has slowed in the last five months, with domestic volumes dropping 5% since December, driven primarily by weakening motorcycle sales.

1 min  |

May 07, 2025

Financial Express Lucknow

Gold prices rise nearly 2%, hit two-week high

SHINING BRIGHT

1 min  |

May 07, 2025

Financial Express Lucknow

Land prices near Noida airport...

HOWEVER, THE LAND deals transacted thus far account for only 1.5% of the 25,000-plus-acre development pipeline of the Yamuna Expressway Industrial Development Authority (YEIDA).

2 min  |

May 07, 2025

Financial Express Lucknow

Seams of trouble

FAST FASHION'S FUTURE HINGES ON SMART SUPPLY

2 min  |

May 07, 2025

Financial Express Lucknow

Spot electricity prices down 50% in May as demand slips

ELECTRICITY PRICES IN the spot market declined by as much as 50% during the first five days of May as unseasonal rains, particularly in the North, reduced power demand while sell bids increased substantially, according to data from the Indian Energy Exchange.

1 min  |

May 07, 2025

Financial Express Lucknow

Apple to Make All Phones Here in Years to Come, Says Scindia

UNION TELECOM MINISTER Jyotiraditya Scindia on Tuesday said investment in India at present makes economic sense for every original equipment manufacturer, as he cited the example of US smart devices major Apple's decision to source the majority of the iPhones sold in the US from the country.

1 min  |

May 07, 2025

Financial Express Lucknow

Campaign celebrates moment after the win

Why the campaign rocks: NIKE's \"WINNING ISN'T Comfortable\" campaign, especially the Stairs film, does something most sports ads don't.

1 min  |

May 07, 2025

Financial Express Lucknow

Mid-market is where the game is: Hilton CEO

\"THE MID-MARKET IS where the game really is. It is essential to target the mid-market if Hilton needs to have a network in a country like India,\" said Chris Nassetta, CEO and president, Hilton, on Tuesday.

2 min  |

May 07, 2025

Financial Express Lucknow

RBI's ₹50,000-cr OMO gets bids worth ₹1.32L cr

THE RESERVE BANK of India (RBI) on Tuesday received bids exceeding twice the notified amount from banks in its open market operation (OMO) purchase.

1 min  |

May 07, 2025

Financial Express Lucknow

Merz overcomes early defeat to become German chancellor

Friedrich Merz was elected chancellor by parliament on Tuesday in a second round of voting after a humiliating and unprecedented defeat on the first attempt, getting his coalition government off to a weak start.

1 min  |

May 07, 2025

Financial Express Lucknow

Merz overcomes early defeat to become German chancellor

Friedrich Merz was elected chancellor by parliament on Tuesday in a second round of voting after a humiliating and unprecedented defeat on the first attempt, getting his coalition government off to a weak start.

1 min  |

May 07, 2025

Financial Express Lucknow

Expecting Paytm to turn profitable next quarter: Sharma

FINTECH FIRM ONE97 Communications, owner of the Paytm brand, has reported narrowing of consolidated loss to ₹545 crore for the fourth quarter ended March 31, 2025, following a reduction in payment processing charges and employee benefits.

1 min  |

May 07, 2025

Financial Express Lucknow

HPCL profit rises 26% at ₹3,415 cr

Hindustan Petroleum (HPCL) on Tuesday reported a 26% jump in its consolidated net profit in the March quarter on improved marketing margins.

1 min  |

May 07, 2025

Financial Express Lucknow

UNSC seeks de-escalation, asks Pak tough questions

THE UN SECURITY Council discussed rising tensions between India and Pakistan at closed-door consultations, where envoys called for de-escalation and also asked Pakistan \"tough questions\".

1 min  |

May 07, 2025