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Financial Express Lucknow

Insolvency proceedings begin against BluSmart

The National Company Law Tribunal (NCLT) has initiated insolvency proceedings against ride-hailing platform BluSmart Mobility on a plea by financial creditor Catalyst Trusteeship for a loan default of ₹1.3 crore.

1 min  |

July 30, 2025

Financial Express Lucknow

AI-led disruption may trigger more layoffs: Nasscom

Inflection Point

1 min  |

July 30, 2025

Financial Express Lucknow

Countdown begins for NISAR mission: ISRO

THE 27.30 HOUR countdown for the ambitious NASA-ISRO NISAR Mission commenced on Tuesday, ISRO sources said.

1 min  |

July 30, 2025

Financial Express Lucknow

Tilaknagar to Raise ₹2,296 Cr for Acquiring Imperial Blue

TILAKNAGAR INDUSTRIES ON Tuesday said that its board had approved a preferential issue of securities — equity shares and warrants — amounting to approximately ₹2,296 crore to fund the acquisition of the Imperial Blue business.

1 min  |

July 30, 2025

Financial Express Lucknow

NTPC Q1 profit up 11% to ₹6,108 cr

STATE-OWNED POWER utility NTPC on Tuesday reported a 10.9% year-on-year increase in its consolidated net profit for the first quarter of FY26, at ₹6,108.46 crore compared to ₹5,506.07 crore in Q1FY25.

1 min  |

July 30, 2025

Financial Express Lucknow

Bank of India profit rises 32% in Q1 on other income boost

BANK OF INDIA (BOI) reported a 32% year-on-year (y-o-y) rise in net profit to ₹2,252 crore for the first quarter of FY26, driven by other income, especially treasury income.

1 min  |

July 30, 2025

Financial Express Lucknow

Kiran Desai on Booker longlist again

BOOKER PRIZE-WINNING AUTHOR Kiran Desai on Tuesday returned to the coveted literary award longlist with 'The Loneliness of Sonia and Sunn', a novel described by the judges as a \"vast and immersive\" tale about a pair of young Indians in America.

1 min  |

July 30, 2025

Financial Express Lucknow

Shapoorji Pallonji gets RBI waiver on pvt credit deal

THE SHAPOORJI PALLONJI Group has secured a key regulatory waiver from the Reserve Bank of India (RBI), easing pressure on its landmark $3.4-billion private credit deal and averting an increase in the cost of that borrowing, according to people familiar with the matter.

1 min  |

July 30, 2025

Financial Express Lucknow

Backtracking on patents

MASSIVE STORM IS brewing over one sentence on patents contained in the recently concluded India-UK Comprehensive Economic and Trade Agreement (CETA).

4 min  |

July 30, 2025

Financial Express Lucknow

Varun Beverages posts 5% rise in Q1 profit

PEPSICO BOTTLER VARUN Beverages reported a higher-than-expected increase in its net profit during April-June quarter even as revenue fell on account of unseasonal rains dampening sales.

1 min  |

July 30, 2025

Financial Express Lucknow

GAIL Lines Up ₹12,000 Cr Capex as Gas Prices Ease

STATE-OWNED GAIL India expects global natural gas prices to soften going forward, which would support its growth, and has outlined a capital expenditure plan of ₹12,000 crore for FY 2026-27.

2 min  |

July 30, 2025

Financial Express Lucknow

L&T profit beats Street, up 30%

ENGINEERING AND CONSTRUCTION major Larsen & Toubro (L&T) posted a 30% jump in net profit at ₹3,617 crore in the first quarter of FY26 compared with ₹2,786 crore in the year-ago period, beating analyst estimates.

2 min  |

July 30, 2025

Financial Express Lucknow

Boult co-founder flags industry bias

VARUN GUPTA, Co-FOUNDER and CEO of Boult, has publicly accused leading players in the audio industry of engaging in what he describes as \"monopolistic practices\" and \"anti-competitive behaviour\" aimed at undermining his company's progress.

1 min  |

July 30, 2025

Financial Express Lucknow

High provisions, poor asset quality hit pvt banks in Q1

FALLING ASSET QUALITY, rising provisions and continuing pressure on net interest took a toll on the earnings of private sector banks in the first quarter of FY26.

2 min  |

July 30, 2025

Financial Express Lucknow

When Coke & Pepsi fought for supremacy in space

IN SPACE TRAVEL, the firsts are often what matter most: the first woman in orbit and the first man to walk on the moon, or, less famously, the first time astronauts grabbed a wobbling satellite with their hands.

2 min  |

July 30, 2025

Financial Express Lucknow

Softbank Leads in Lenskart...

PREMJI INVEST is expected to emerge with the highest exit multiple among institutional investors.

1 min  |

July 30, 2025

Financial Express Lucknow

Trumpian criticism of Fed policy

In Trump's world, there is no Taylor rule or anything like it; there is just the demand for lower rates when he thinks it will benefit him

4 min  |

July 30, 2025

Financial Express Lucknow

Advertising guidelines for CAs under revision

A self-regulatory body, the Institute of Chartered Accountants of India (ICAI) had a dominant role in regulating accountants and auditors until the National Financial Reporting Authority (NFRA) was established.

2 min  |

July 30, 2025

Financial Express Lucknow

Jane Street to Argue Retail Demand Drove India Trades

Jane Street Group is expected to argue that its controversial Indian options trades were a response to outsized demand from retail investors, people familiar with the matter said.

1 min  |

July 30, 2025

Financial Express Lucknow

Unethical practices by some lenders eroding public trust: RBI DG

RESERVE BANK OF India (RBI) deputy governor Swaminathan J has said intense competitive pressures and a desire to project short-term success are making some banks and non-banking finance companies adopt unethical practices.

1 min  |

July 30, 2025

Financial Express Lucknow

India Buys Record Soy Oil From China In Rare Move

INDIAN IMPORTERS HAVE bought a record 150,000 metric tons of soyoil from China in rare purchases, as a supply glut prompted Chinese crushers to sell at a discount to India's traditional suppliers from South America, four trade sources said.

1 min  |

July 30, 2025

Financial Express Lucknow

RBI Caps AIF Investments by Banks, NBFCs at 10%

The Reserve Bank of India (RBI) on Tuesday capped investment by an individual-regulated entity at 10% of an alternative investment fund's (AIF) corpus and collective exposure at 20%.

1 min  |

July 30, 2025

Financial Express Lucknow

Amazon's AI coding revealed dirty little secret

CODERS WHO USE artificial intelligence to help them write software are facing a growing problem, and Amazon.com is the latest firm to fall victim.

3 min  |

July 30, 2025

Financial Express Lucknow

Silver Economy Imperatives

Real estate sector is not addressing housing needs of senior citizens

2 min  |

July 30, 2025

Financial Express Lucknow

Black money law: ₹35,104-cr tax demands raised in 10 yrs

THE GOVERNMENT HAS raised tax demand of ₹35,104 crore under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 over the last decade, Minister of State for Finance Pankaj Chaudhary said in Rajya Sabha on Tuesday.

1 min  |

July 30, 2025

Financial Express Lucknow

Rice Exporters Eye Windfall as Bangladesh Floats Tender

Domestic prices of non-basmati varieties rise 10%

1 min  |

July 30, 2025

Financial Express Lucknow

Benchmarks Snap 3-Day Losing Run

Snapping a three-day losing run, the Sensex rebounded by nearly 447 points on Tuesday after value buying in blue-chip Reliance Industries and financial shares.

1 min  |

July 30, 2025

Financial Express Lucknow

Not an ad, it's a conversation starter

Why this ad stands out: The campaign completely strips away all conventional packaging cues and branding, replacing them with a minimalist design.

1 min  |

July 30, 2025

Financial Express Lucknow

Japan deal guarantees lowest tariff for chips

Trump, Xi May Meet Later This Year

2 min  |

July 30, 2025

Financial Express Lucknow

Boeing, Saab in talks with BAE on UK jet trainer bid

BOEING'S QUARTERLY LOSS more than halved and was much smaller than analysts expected as the US planemaker ramped up jet deliveries, recovering from a regulatory crisis and a major strike that halted most production last year.

1 min  |

July 30, 2025