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Financial Express Lucknow

Gensol EV shuts shop, lays off remaining staff as crisis brews

Subsidiary of Gensol Engineering to cease operations by April 30

1 min  |

April 25, 2025

Financial Express Lucknow

ACC Profit Declines 20.4%

CEMENT MAKER ACC on Thursday reported a 20.4% decline in consolidated net profit to ₹751.04 crore during the March quarter.

1 min  |

April 25, 2025

Financial Express Lucknow

Boeing 'should default China'

CHINA DEMANDED THAT the US revoke all unilateral tariffs and denied there were talks on reaching a trade deal, maintaining a defiant stance despite President Donald Trump's recent easing of criticism of the country.

2 min  |

April 25, 2025

Financial Express Lucknow

Amid revamp, Nissan Motors sees record loss of $5.26 bn

NISSAN MOTOR SEES a record net loss of 700 billion yen to 750 billion yen ($4.91 billion–$5.26 billion) for the financial year that ended in March, it said on Thursday, due to impairment charges as the struggling automaker restructures.

1 min  |

April 25, 2025

Financial Express Lucknow

India Cuts Purchase of LNG

INDIAN ENERGY IMPORTERS are switching from expensive liquefied natural gas to cheaper oil products, a move that will help ease tight global supplies of the super-chilled fuel.

1 min  |

April 25, 2025

Financial Express Lucknow

Positive returns by end of year if external risks limited: Nomura

THE RISK PREMIUM for the Indian market is primarily external than internal, believes Nomura's head of India equity research Saion Mukherjee.

2 min  |

April 25, 2025

Financial Express Lucknow

TMB targets 15-18% loan growth in FY26

TAMILNAD MERCANTILE BANK (TMB) is targeting a 15–18% growth in gross advances in FY26, driven by strong traction in the retail, agriculture and MSME (RAM) segments, along with a sharper focus on gold loans.

1 min  |

April 25, 2025

Financial Express Lucknow

NaBFID plans $2-bn offshore debt foray

FOREIGN PUSH

1 min  |

April 25, 2025

Financial Express Lucknow

EV policy to be tweaked based on BTA outcome

THE GOVERNMENT WILL tweak its new electric vehicle (EV) policy based on the outcome of ongoing bilateral trade agreement (BTA) and free trade agreement (FTA) negotiations.

2 min  |

April 25, 2025

Financial Express Lucknow

LTTS revenue grows 12.4%, profit drops

L&T TECHNOLOGY SERVICES (LTTS) reported a sequential increase in its revenue during the quarter ended March, led by growth in its tech and sustainability segments. However, net profit declined due to the impact of the Intelliswift acquisition completed during the quarter.

1 min  |

April 25, 2025

Financial Express Lucknow

BSNL land asset monetisation process begins

Valuers sought for firm's 8.7-acre prime land parcels in south

2 min  |

April 25, 2025

Financial Express Lucknow

Japan not to team up against China?

CHINESE MANUFACTURERS ARE flooding TikTok and other social media apps with direct appeals to American shoppers, urging people to buy luxury items straight from their factories.

2 min  |

April 25, 2025

Financial Express Lucknow

India's water weapon

A Collapse of Indus Waters Treaty May Bring Momentary Leverage for India, But at a Big Cost

3 min  |

April 25, 2025

Financial Express Lucknow

'We are expanding our manufacturing in the US'

Welspun Living is expanding its manufacturing in the US, a move which will not only broaden its manufacturing base there but also help it in dealing with the potential reciprocal tariffs.

2 min  |

April 25, 2025

Financial Express Lucknow

Rules Tightened for SMEs' Shift to Mainboard

Criteria Revised

2 min  |

April 25, 2025

Financial Express Lucknow

Govt to Procure 0.3 MT of Onion for Buffer in FY26

The government has set a target of procuring 0.3 million tonne (MT) of onion from the farmers at market prices in the current fiscal for creating a buffer under the price stabilisation fund (PSF).

1 min  |

April 25, 2025

Financial Express Lucknow

Tata Motors Scrip Part Of Most Retail Portfolios

TATA MOTORS RETAINED its position as the top company with the highest number of retail investors for the second consecutive quarter, according to data sourced from Capitaline.

1 min  |

April 25, 2025

Financial Express Lucknow

NBFCs' credit growth to moderate to 13-15%: Icra

THE NON-BANKING FINANCIAL companies (NBFCs) in the country are experiencing moderated credit growth, projected at 13-15% in FY25 and FY26, down from 17% in preceding two years, according to a report by rating agency Icra.

1 min  |

April 25, 2025

Financial Express Lucknow

TechM profit jumps 19% to ₹1,167 cr

TECH MAHINDRA POSTED an 18.7% sequential increase in net profit for the fiscal fourth quarter at ₹1,167 crore, the Mumbai-based tech major announced on Thursday.

1 min  |

April 25, 2025

Financial Express Lucknow

Tax Deductions Not Allowed for Settling Proceedings Under Sebi, 3 Other Laws

Taxpayers will not be allowed to claim a deduction for expenditures incurred to settle proceedings initiated for contravention or defaults under four laws, including the Sebi Act and the Competition Act, the Central Board of Direct Taxes (CBDT) said.

1 min  |

April 25, 2025

Financial Express Lucknow

Nestle profit down 7% to ₹873 crore

NESTLE INDIA ON Thursday reported a 6.5% year-on-year decline in its consolidated net profit to ₹873.46 crore for the January-March quarter, primarily due to elevated commodity costs.

1 min  |

April 25, 2025

Financial Express Lucknow

As supply chains realign, India must avoid shortcuts

• India to benefit from firms looking to shift production lines

2 min  |

April 25, 2025

Financial Express Lucknow

Xi seeks detente with EU as tariff bites

PRESIDENT XI JINPING is seeking to repair ties with the European Union, painting China as the more reliable partner as Donald Trump alienates the bloc over issues from tariffs to defense.

1 min  |

April 25, 2025

Financial Express Lucknow

Dutch Firm Vopak's India Joint Venture Gets IPO Nod

DUTCH TANK STORAGE group Vopak has received conditional approval for the initial public offering (IPO) of its Indian joint venture Aegis Vopak (AVTL) from the markets regulator, the group said on Wednesday.

1 min  |

April 24, 2025

Financial Express Lucknow

Tata Consumer profit rises 59% to ₹345 cr

TATA CONSUMER PRODUCTS on Wednesday reported a 59% jump in its net profit to ₹345 crore, beating Street expectations.

1 min  |

April 24, 2025

Financial Express Lucknow

Strategising exports post-tariff pause

By aligning with US interests, leveraging global shifts, and strengthening domestic trade ecosystem, India can turn the pause into a launchpad for sustained export-led growth

3 min  |

April 24, 2025

Financial Express Lucknow

OpenAI Considers Buying Chrome: ChatGPT Head

OPENAI WOULD BE interested in buying Google's Chrome browser if a federal court orders it to be spun off, the head of ChatGPT said in a court hearing Tuesday.

2 min  |

April 24, 2025

Financial Express Lucknow

Probe indicates 7 terrorists, including 4 to 5 from Pak, behind deadly attack

A TOTAL OF seven terrorists, including four-five from Pakistan, are suspected to have opened fire on tourists at the Baisaran valley meadow in Pahalgam on Tuesday, The Indian Express has learnt.

1 min  |

April 24, 2025

Financial Express Lucknow

LTIMindtree Q4 misses estimates

IT SERVICES FIRM LTIMindtree reported lower-than-expected revenue and net profit for the March quarter, as clients continued to tighten spending on large-scale IT projects due to escalating geopolitical tensions and macroeconomic uncertainties.

1 min  |

April 24, 2025

Financial Express Lucknow

Has US scored a self-goal?

As Donald Trump scored a self-goal with the tariff games of the past couple of months?

4 min  |

April 24, 2025