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Financial Express Lucknow

The whole world is switching to EVs faster than you

THERE'S A COMFORTING story that oil bulls like to tell themselves to stave off worries about the future: While the privileged few in Europe and California might have lost their minds over electric vehicles, billions of drivers in the Global South are readying themselves to provide the next wave of petroleum demand.

2 min  |

August 12, 2025

Financial Express Lucknow

Get Power-Packed

Decentralised RE is fuelling a parallel revolution, but power sector needs more policy fixes to spur investors

2 min  |

August 12, 2025

Financial Express Lucknow

Apple ships 5.9 mn units in H1; Vivo Tops Q2: IDC

APPLE'S SUPPLIES IN India grew by 21.5% annually to 5.9 million units in the first half of 2025 with iPhone 16 being the highest-shipped model across the country during the period, market research firm IDC said on Monday.

1 min  |

August 12, 2025

Financial Express Lucknow

Centre plans 10-15% credit guarantees for small firms

THE COUNTRY'S SMALL businesses still struggle with limited access to timely and adequate formal credit.

1 min  |

August 12, 2025

Financial Express Lucknow

Ola Electric's headcount falls as attrition rate rises

FORMER ELECTRIC TWO-WHEELER leader Ola Electric Mobility witnessed not just market share loss last year but a churn in manpower too, as attrition jumped to a staggering 54% during the year.

2 min  |

August 12, 2025

Financial Express Lucknow

Nvidia & AMD to pay 15% of China chip sales to US

Chipping in for Uncle Sam

1 min  |

August 12, 2025

Financial Express Lucknow

Warburg Pincus Exits Home First

KOTAK MAHINDRA MF, Fidelity, Morgan Stanley, and Citigroup Global Markets Mauritius were among those entities that collectively bought a 10.64% stake in Home First Finance for ₹1,307 crore through open market transactions on Monday.

1 min  |

August 12, 2025

Financial Express Lucknow

SBI Targets 1% Return on Assets in FY26-28

Bank Projects 12% Loan Growth During the Period

2 min  |

August 12, 2025

Financial Express Lucknow

Paramount Secures UFC Rights in US in $7.7-Billion Deal

Skydance-owned Paramount will become the exclusive US home of Ultimate Fighting Championship under a seven-year rights deal with TKO Group Holdings, starting in 2026, that is valued at around $7.7 billion, the companies said on Monday.

1 min  |

August 12, 2025

Financial Express Lucknow

Lovechild thrives in mass premium, House of Masaba targets luxury

ACTOR-ENTREPRENEUR MASABA Gupta has adopted a two-pronged growth strategy — keeping her beauty brand Lovechild firmly in the mass premium segment while pivoting her fashion label House of Masaba towards luxury bridalwear and fine jewellery.

2 min  |

August 12, 2025

Financial Express Lucknow

Stick to moderate-duration bonds

UTI AMC is reducing 10-year benchmark bonds from its portfolio and moving towards 2-5-year AAA bonds.

1 min  |

August 12, 2025

Financial Express Lucknow

RBI sells $5 billion to boost rupee

The Reserve Bank of India (RBI) sold US dollars across both onshore and offshore currency markets this month to prop up the rupee following a prolonged weakness, according to sources.

2 min  |

August 12, 2025

Financial Express Lucknow

'Vote chori' stir now mass movement: Rahul

CONGRESS LEADER RAHUL Gandhi on Monday said the campaign against \"vote chori\" has turned into a \"massive mass movement\" with more than 1.5 million support certificates downloaded and over 1 million missed calls received since the launch of the portal for it.

1 min  |

August 12, 2025

Financial Express Lucknow

COAI again opposes direct allocation of spectrum for pvt 5G

Following the recent move by the department of telecommunications (DoT) to reassess spectrum demand for private 5G networks, the Cellular Operators Association of India (COAI) on Monday once again urged the government to avoid direct allocation of spectrum to enterprises for captive non-public networks (CNPN).

1 min  |

August 12, 2025

Financial Express Lucknow

Sebi Proposes Easier Access for Low-Risk Foreign Investors

SEBI HAS PROPOSED introducing a single-window access for low-risk foreign investors, seeking to participate in the Indian securities market, a move aimed at simplifying compliance and enhancing the country's attractiveness as an investment destination.

1 min  |

August 12, 2025

Financial Express Lucknow

Seafood Units Told to Explore New Mkts, Aid Local Supplies

The government on Monday urged the seafood exporters, hit by a cumulative 59% tariff in the US, to \"bravely face\" the challenges and explore alternative markets for shipments besides expanding domestic supplies.

1 min  |

August 12, 2025

Financial Express Lucknow

Tesla Rides Into Delhi's Aerocity

TESLA ON MONDAY opened a showroom at Delhi's Aerocity, less than a month after making its India debut with an outlet in Mumbai.

1 min  |

August 12, 2025

Financial Express Lucknow

Zelenskyy Urges Modi: Restrict Russian Energy, Especially Oil

In a telephonic discussion on Monday, President Zelenskyy of Ukraine shared his views with Prime Minister Modi, calling for measures to limit Russian energy exports, particularly oil.

1 min  |

August 12, 2025

Financial Express Lucknow

Israel Kills Five Al Jazeera Journalists in Airstrike

FIVE AL JAZEERA journalists, including prominent reporter Anas al-Sharif, have been killed in a targeted Israeli strike near Gaza City's al-Shifa Hospital.

1 min  |

August 12, 2025

Financial Express Lucknow

We're strengthening generics portfolio, expanding globally

Biocon posted resilient revenue and operating profit growth in the April-June quarter, but headline net profit was sharply lower due to the absence of one-time gains in the prior year.

2 min  |

August 12, 2025

Financial Express Lucknow

Loans Against Securities Business Gains Traction

Fintechs Ahead of Traditional Lenders

2 min  |

August 12, 2025

Financial Express Lucknow

Banks' ad spends surge 160% in five years

ICICI Bank and Kotak Bank spent the most in FY25

3 min  |

August 12, 2025

Financial Express Lucknow

AI to Suspend Services to Washington from Sept 1

AIR INDIA WILL suspend flights between Delhi and Washington DC from September 1, mainly due to non-availability of multiple Boeing 787 Dreamliner planes as the legacy aircraft fleet is undergoing retrofit.

1 min  |

August 12, 2025

Financial Express Lucknow

Godrej Consumer eyes better performance

GODREJ CONSUMER PRODUCTS’ Ltd consolidated volume growth improved sequentially to 5%/8% y-o-y, with India ex-soaps volumes rising in the mid-teens.

1 min  |

August 12, 2025

Financial Express Lucknow

Nuclear sabre-rattling: India hits back at Pak Army chief

RESPONDING TO PAKISTAN Army Chief Field Marshal Asim Munir's latest diatribe against India, New Delhi on Monday said India has already made it clear that it will not give in to nuclear blackmail and underlined that it would \"take all steps necessary to safeguard our national security\".

3 min  |

August 12, 2025

Financial Express Lucknow

Tata Motors Aims Double-Digit PV Growth

JLR Margins to Decline 150 bps in FY25-27

2 min  |

August 12, 2025

Financial Express Lucknow

Jay Kotak criticises ICICI Bank avg balance move

JAY KOTAK, CO-HEAD of Kotak811 and son of veteran banker Uday Kotak, on Monday took to 'X' to criticise ICICI Bank's decision to raise the minimum average balance (MAB) for new savings accounts to ₹50,000 from the earlier limit of ₹10,000.

1 min  |

August 12, 2025

Financial Express Lucknow

Trump Urges China to Quadruple Soy Orders

US PRESIDENT DONALD Trump on Sunday urged China to quadruple its soya purchases ahead of a key tariff truce deadline, sending Chicago soyabean prices higher, though analysts were quick to question the feasibility of any such deal.

1 min  |

August 12, 2025

Financial Express Lucknow

Kharif sowing enters last lag, up 4% y-o-y

THE SOWING OF KHARIF crops paddy, pulses, oilseeds, sugarcane and cotton

1 min  |

August 12, 2025

Financial Express Lucknow

Adani Defence to Acquire Indamer

ADANI DEFENCE SYSTEMS and Technologies (ADSTL), in partnership with Prime Aero Services, has signed a definitive agreement to acquire a 100% stake in Indamer Technics (ITPL), a maintenance repair and overhaul (MRO) provider, according to a statement.

1 min  |

August 12, 2025