Newspaper
Financial Express Lucknow
Two top Smartworks execs to get ₹4 cr for IPO success
NEETISH SARDA AND Harsh Binani, founders and part of the top management at Smartworks Coworking Spaces will get ₹2 crore cash bonus each on successful completion of the initial public offer.
1 min |
July 11, 2025
Financial Express Lucknow
Eutelsat set to raise €163 mn from UK
THE UNITED KINGDOM will invest €163.3 million (₹1,634 crore) in French satellite operator Eutelsat, strengthening Europe's effort to compete with Elon Musk's Starlink in the global satellite internet race.
1 min |
July 11, 2025
Financial Express Lucknow
Bond Sales by Banks Slump to 11-Year Low
Domestic credit demand rose 9.6% in the year through June 13
1 min |
July 11, 2025
Financial Express Lucknow
TCS adds 5,090 employees
Firm cautious on future hiring; FY25 pay hikes awaited
1 min |
July 11, 2025
Financial Express Lucknow
RBI to conduct ₹2.5 lakh-crore seven-day VRRR auction today
In a move to suck out temporary liquidity from the financial system, the Reserve Bank of India on Thursday said it would conduct a seven-day variable rate reverse repo (VRRR) auction on Friday for an amount of ₹2.5 lakh crore.
1 min |
July 11, 2025
Financial Express Lucknow
Mahindra, Minda Eye Local Magnet Production
Automaker Mahindra & Mahindra and parts maker Uno Minda are looking to make rare earth magnets locally to cut reliance on China, as India draws up incentives for production of the critical components, company and government sources told Reuters.
1 min |
July 11, 2025
Financial Express Lucknow
Black boxes undamaged in Air India crash, say investigators
Investigators of the deadly Air India airliner crash that killed 260 last month told a meeting of lawmakers that the plane's black boxes were not damaged, two people familiar with the discussions said.
1 min |
July 11, 2025
Financial Express Lucknow
Gauba: Ease of doing biz a work in progress
NITI AAYOG MEMBER Rajiv Gauba on Thursday said that ease of doing business is a work in progress and stressed on the importance of reforms at the municipal level within states.
1 min |
July 11, 2025
Financial Express Lucknow
ARC assets could shrink in FY26: Crisil
ASSETS UNDER MANAGEMENT (AUMs) of private ARCs (asset reconstruction companies), as measured by security receipts (SR) outstanding, are expected to decline 4-6% to around ₹1.05 lakh crore this fiscal, after sliding 15% in FY25, according to Crisil Ratings.
1 min |
July 11, 2025
Financial Express Lucknow
Don't treat AI projects as isolated experiments
MANAGEENGINE, the enterprise IT management arm of Zoho, is expanding its operations—focusing on growing their workforce, opening new data centres, investing in AI research and enhancing their on-ground presence across cities.
2 min |
July 10, 2025
Financial Express Lucknow
Sebi Mulls Broadening Credit Rating Agencies' Mandate
SEBI ON WEDNESDAY proposed allowing credit ratings agencies (CRAs) to rate financial instruments regulated by other financial sector regulators, signaling them to consider products including unlisted securities.
1 min |
July 10, 2025
Financial Express Lucknow
Jio Hits Pause Button on IPO Plan, 2025 Listing Unlikely
Reliance Jio has decided not to launch the IPO this year as planned, delaying one of the country's most anticipated stock offerings, two sources said.
1 min |
July 10, 2025
Financial Express Lucknow
Zepto Set to Raise $500 Mn at 40% Higher Valuation
Zepto is in advanced stages to raise $450-500 million in fresh primary capital from existing investors General Catalyst and Avenir Growth, according to sources familiar with the matter.
1 min |
July 10, 2025
Financial Express Lucknow
Agri exports poised to grow fivefold to ₹20L crore: Goyal
INDIA'S EXPORTS FROM agriculture and allied sectors, including processed food are poised to grow fivefold to ₹20 lakh crore over the next few years, through increased processing, branding and better packaging, commerce and industry minister Piyush Goyal said on Wednesday.
1 min |
July 10, 2025
Financial Express Lucknow
Surety bonds to be the next big reinsurance opportunity
General Insurance Corporation of India (GIC Re), the country's largest reinsurer, is ramping up its international business following the reinstatement of credit rating late last year.
3 min |
July 10, 2025
Financial Express Lucknow
Cisco eyeing India growth: CEO
GLOBALTECH GIANT Cisco is keen to continue expanding its footprint in India across manufacturing and research, but is cautious about further investment until global trade uncertainties ease, chairman and CEO Chuck Robbins said.
2 min |
July 10, 2025
Financial Express Lucknow
RBI Issues Draft Norms on OTC Derivative Novation
The Reserve Bank of India (RBI) on Wednesday issued draft guidelines to regulate the process of novation in over-the-counter (OTC) derivative contracts with a view to rationalising the related regulatory requirements.
1 min |
July 10, 2025
Financial Express Lucknow
India's Growth to Remain Resilient, Says Temasek
A US-India trade deal looks promising along with other free trade pacts that the government is pursuing, the Singapore fund said
1 min |
July 10, 2025
Financial Express Lucknow
Framing India's 2047 goals
Basic policy failures are partly due to distorted incentives related to the way India's democracy functions. But the distortions can be reduced by careful decentralisation of govt
3 min |
July 10, 2025
Financial Express Lucknow
Linguistic othering
Divisive cynical politics can threaten Maharashtra's position as one of India's biggest engine of growth
2 min |
July 10, 2025
Financial Express Lucknow
Asian Paints Exits AkzoNobel India
ASIAN PAINTS, the country's largest paint maker, on Wednesday, sold its entire shareholding of 4.42% in AkzoNobel India for ₹734 crore.
1 min |
July 10, 2025
Financial Express Lucknow
Govt's rare earths plan draws Vedanta, JSW
A proposed plan by India to spur local production of rare-earth magnets has drawn initial interest from a clutch of large conglomerates, people familiar with the matter said, as the country seeks to cut its reliance on China for these vital electric-vehicle and wind-turbine materials.
3 min |
July 10, 2025
Financial Express Lucknow
Temasek sales peak, portfolio hits $339bn
SINGAPORE STATE-OWNED investor Temasek Holdings Pte reported divestments worth S$42 billion ($33 billion) for its last fiscal year — its largest annual disposal on record — while the firm's net portfolio value also hit a new high.
1 min |
July 10, 2025
Financial Express Lucknow
NSE June active users at 47.9 mn
ACTIVE USERS ON the National Stock Exchange have slightly risen to 47.9 million in June, from 46.9 million in May.
1 min |
July 10, 2025
Financial Express Lucknow
Drug makers weigh fast market rejig
Cannot absorb such sharp costs, says industry
2 min |
July 10, 2025
Financial Express Lucknow
Consumption Recovery Likely in FY26: Dabur
The fast-moving consumer goods market is likely to see a consumption revival in FY26 led by favourable macroeconomic factors, Mohit Burman, chairman, Dabur India, said in the company's annual report released Wednesday.
1 min |
July 10, 2025
Financial Express Lucknow
Inflows into arbitrage funds at record high
With the highest-ever figure of ₹15,584.57 crore, inflows into arbitrage funds continued to remain high for a third consecutive month in June and contributed significantly to the overall monthly inflows as investors remained cautious amid uncertainty.
1 min |
July 10, 2025
Financial Express Lucknow
IDBI Bank sale on track, to be completed by October
THE STRATEGIC SALE of IDBI Bank will be completed by October, the process for which has gained momentum, a senior government official said.
1 min |
July 10, 2025
Financial Express Lucknow
When coffee shops buy Bitcoin, things get frothy
ECONOMIST CARLOTA PEREZ once described the peak frenzy of boom-and-bust investing cycles as the moment when capital gains are copy and pasted, with financiers indulging in \"the intense repetition of the same successful recipe\"—from building canals to launching dot-com start-ups. It rarely ends well.
3 min |
July 10, 2025
Financial Express Lucknow
Merck to Acquire Verona for $10 Billion
MERCK WILL BUY UK-based Verona Pharma for about $10 billion, the companies said on Wednesday, strengthening the U.S. drugmaker's respiratory treatments as part of efforts to reduce dependence on its blockbuster cancer treatment.
1 min |