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Financial Express Kochi

Mobikwik Loss Widens to ₹42 Crore

FINTECH FIRM ONE MobiKwik Systems has reported a widening of consolidated losses to ₹41.9 crore for the June quarter, due to pressures in its high-margin financial services business and strategic overhaul efforts.

1 min  |

August 02, 2025

Financial Express Kochi

July auto sales remain flat on tepid demand

Festive Hope

2 min  |

August 02, 2025

Financial Express Kochi

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 Kochi

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 Kochi

Manufacturing growth in July hits 16-month high

Riding On Expansion In Output And Sales

1 min  |

August 02, 2025

Financial Express Kochi

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 Kochi

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 Kochi

Brokers' body calls for deeper cash markets

National Exchanges Members of India (ANMI) has called for expanding access of retail participants and deepening the cash market through expanded single stock derivatives in a five-point manifesto on Friday.

1 min  |

August 02, 2025

Financial Express Kochi

HC bars TN govt from naming schemes after living persons, using party symbols

The Madras HC Friday restrained the Tamil Nadu government from naming any new or rebranded schemes after living persons.

1 min  |

August 02, 2025

Financial Express Kochi

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 Kochi

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 Kochi

TCS assures govt: All job offers intact, just delayed

Labour ministry sought clarity after union complaint

1 min  |

August 02, 2025

Financial Express Kochi

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 Kochi

UPI Transactions at Record High; Value Hits ₹25 Lakh Cr

FAST GROWTH

1 min  |

August 02, 2025

Financial Express Kochi

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 Kochi

Gurgaon ripples in Assam village as young men return home in droves

\"IF I DON'T work, my family won't be able to eat. But the mahaul (atmosphere) there is scary. I will wait here for a couple of weeks, and if things improve, I will go back,\" said Mohammad Anwar Hussain, from his home in Assam's Kokrajhar.

3 min  |

August 02, 2025

Financial Express Kochi

MEA Says Ties With Both US, Russia Strong

INDIA ON FRIDAY brushed aside US President Donald Trump's recent diatribe, reaffirming that the partnership between the two countries has \"weathered\" numerous transitions and challenges over the years.

1 min  |

August 02, 2025

Financial Express Kochi

AMG edge, GLS pledge

LOOKS INTENSE; HAS A COSY CABIN

1 min  |

August 02, 2025

Financial Express Kochi

Onus on taxpayer to identify errors

CHECK ENTRIES ACROSS FORM 16, FORM 26AS & AIS

3 min  |

August 02, 2025

Financial Express Kochi

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 Kochi

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 Kochi

India's LNG, crude imports from US may rise

As Washington tightens its trade stance through high tariffs and penalties on imports from India, New Delhi may seek to counterbalance the impact by offering trade arrangements.

3 min  |

August 02, 2025

Financial Express Kochi

Jane Street not cooperating with I-T dept probe: Sources

JANE STREET, THE US-based proprietary trader under investigation for index manipulation, has not been cooperating with the income tax department, said sources.

1 min  |

August 02, 2025

Financial Express Kochi

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 Kochi

Days After Dhankhar Exit, EC Sets V-P Poll Date: Sept 9

THE ELECTION COMMISSION (EC) on Friday announced that the election for the post of Vice-President, which fell vacant with the sudden resignation of Jagdeep Dhankhar on July 21, would be held on September 9.

1 min  |

August 02, 2025

Financial Express Kochi

Forensic accounting shouldn't be a post-fraud tool: Sebi chief

SECURITIES AND EXCHANGE 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 Kochi

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 Kochi

Tariff to spark job losses, warn textile exporters

On Sticky Wicket

2 min  |

August 02, 2025

Financial Express Kochi

NSE Pays Sebi ₹40.35 Crore to Settle Data Sharing Case

THE NATIONAL STOCK Exchange (NSE) has paid ₹40.35 crore to the Securities & Exchange Board of India (Sebi) to settle a case related to indirect sharing of confidential information on listed companies with a third-party vendor.

1 min  |

August 02, 2025

Financial Express Kochi

OFS in LIC: Merchant bankers appointed

THE DEPARTMENT OF investment and public asset management (DIPAM) has appointed merchant bankers and legal advisers for minority stake sales by the government in state-run Life Insurance Corporation (LIC) and other financial institutions, DIPAM secretary Arunish Chawla said on Friday.

1 min  |

August 02, 2025