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Financial Express Kolkata

Shriram Finance shares jump 6% post earnings

SHARES OF SHRIRAM Finance on Monday closed up 6.18% at %795.15 on the National Stock Exchange as the NBFC major reported a consolidated net profit of $2,315 crore for the quarter ended September, up 11.6% year-on-year.

1 min  |

November 04, 2025

Financial Express Kolkata

Goldman backing rupee despite slide

GOLDMAN SACHS IS advising clients to take a bullish position on the rupee, using an exotic option structure, despite its latest slide towards its all-time low.

1 min  |

November 04, 2025

Financial Express Kolkata

Women in Blue set to score big on endorsement fees

Shafali Verma, Deepti Sharma & Richa Ghosh may grab lucrative brand deals

2 min  |

November 04, 2025

Financial Express Kolkata

Kimberly-Clark to buy Tylenol maker for over $40 billion

KLEENEX MAKER KIMBERLY-Clark said on Monday it will buy Tylenol parent Kenvue for more than $40 billion to create one of the biggest consumer health goods companies in the US.

1 min  |

November 04, 2025

Financial Express Kolkata

VCs warm up to startups in traditional industrial sectors

VENTURE CAPITAL FUNDING is steadily shifting towards startups operating in traditional industrial sectors. Business models which are gaining traction include contract manufacturing, renewable energy infrastructure, EV manufacturing and charging networks, and defence ancillaries.

2 min  |

November 04, 2025

Financial Express Kolkata

Instamart goes Zepto way, scraps handling, surge...

THE PRICING GAP continues even for orders between %199 and %299, where Zepto still charges nothing.

1 min  |

November 04, 2025

Financial Express Kolkata

‘Our global presence has significantly improved’

Noida-based Pine Labs, which announced its initial public offering on Monday, has plans to expand its global footprint.

1 min  |

November 04, 2025

Financial Express Kolkata

Peak XV eyes near 40x returns in Pine Labs IPO

PEAK XV IS set to make a near 40x return on its investment in unicorn Pine Labs, which has priced its initial public offering (IPO) in the range of §210-221. The early backer has a 20.25% stake in the fintech firm and invested at a weighted average price of %5.60 per share. It is looking to sell up to 23 million shares in the IPO, which could fetch it as much as %508 crore at the upper end of the price band.

1 min  |

November 04, 2025

Financial Express Kolkata

AWL Agri expects stronger H2 to drive volume growth

AWL AGRI BUSINESS, formerly Adani Wilmar, is targeting a volume growth of 5-6% in edible oils and 20-21% in food products, driven by a stronger second half, Angshu Mallick, MD & CEO of the company, said ina post-results interaction with FE on Monday.

1 min  |

November 04, 2025

Financial Express Kolkata

DGCA moots major changes to ticket refund norms

AIR PASSENGERS MAY soon be allowed to cancel or amend their tickets without additional charges within 48 hours of booking, with aviation watchdog DGCA proposing significant changes in the ticket refund norms.

1 min  |

November 04, 2025

Financial Express Kolkata

NFRA rolls out audit toolkit to aid small, medium practitioners

THE NATIONAL FINANCIAL Reporting Authority (NFRA) on Monday rolled out audit practice toolkits to support small and medium practitioners and strengthen audit quality across the country.

1 min  |

November 04, 2025

Financial Express Kolkata

Groww anchor book attracts bids worth ₹50,000 crore

GROWW HAS ATTRACTED bids worth ₹50,000 crore from anchor investors ahead of the opening of its initial public offering (IPO) for public subscription on Tuesday, according to reports.At the upper end of the price band of 95-100, the anchor book is expected to beat =2,950-3,000 crore.

1 min  |

November 04, 2025

Financial Express Kolkata

Govt aims to offload 10 MT of rice

WITH ADDITIONAL GRAIN allocated for the ethanol blending programme inthe 2025-26 season (November-October), the government is aiming to offload a record 10 MT of ricein the market in the current fiscal year from its surplus stock.

1 min  |

November 04, 2025

Financial Express Kolkata

Banks acting bona fide can't be answerable to judiciary: Delhi HC

Monday held that banks, acting bona fide, cannot be made answerable to the judiciary regarding the economic expediency of their decisions and easy allegations of financial impropriety by banks should not be entertained by courts unless cogent material is shown.

1 min  |

November 04, 2025

Financial Express Kolkata

Airtel beats estimates, profit up 14% to ₹6,792 crore in Q2

AVERAGE REVENUE PER USER RISES TO %256

1 min  |

November 04, 2025

Financial Express Kolkata

Oyo rolls back bonus issue plan

HOSPITALITY TECH FIRM Oyo on Monday said it will withdraw its current bonus resolution plan following shareholder feedback.

1 min  |

November 04, 2025

Financial Express Kolkata

Adani Power opts for arbitration to settle disputes with Bangladesh

ADANI POWER SAID on Monday it has opted for an international arbitration process to resolve disputes over Bangladesh’s power supply payments.

1 min  |

November 04, 2025

Financial Express Kolkata

Sundaram Fin profit rises 16% on strong disbursals

SUNDARAM FINANCE ON Monday reported a 16% year-on-year rise in its standalone net profit for the second quarter at 394.2 crore, driven by higher disbursements during the festive season.

1 min  |

November 04, 2025

Financial Express Kolkata

Russian crude imports decline 8% in October

MOSCOW STILL LARGEST OIL SUPPLIER TO NEW DELHI

2 min  |

November 04, 2025

Financial Express Kolkata

MUFG in talks to acquire 20% in Shriram Finance

JAPANESE BANKING GIANT Mitsubishi UFJ Financial Group (MUFG) is in advanced negotiations to acquire a 20% stake in Shriram Finance, according to a report by Moneycontrol. This could be one of the biggest deals in the non-banking financial companies (NBFC) space this year.

1 min  |

November 04, 2025

Financial Express Kolkata

Resumption of EU FTA talks to bridge gaps

INDIA AND THE European Union (EU) on Monday resumed negotiations on their Free Trade Agreement (FTA) with a team from Brussels arriving here.

1 min  |

November 04, 2025

Financial Express Kolkata

CASA ratio up a tad as banks aim to protect NIMs

BANKS ARE STEPPING up efforts to grow current account and savings account (CASA) deposits, in a bid to protect margins amid a competitive deposit environment.

1 min  |

November 04, 2025

Financial Express Kolkata

Domestic demand boosts Tata Consumer Q2 profit

TATA CONSUMER PRODUCTS on Monday reported an 11% year-on-year growth in consolidated net profit at 404 crore in the second quarter of FY26, driven by demand for salt and tea.

1 min  |

November 04, 2025

Financial Express Kolkata

Recruiters return to IIMs as hiring sentiment improves

SUMMER PLACEMENTS SHOW SIGNS OF REVIVAL

2 min  |

November 04, 2025

Financial Express Kolkata

Rabi sowing begins on a brisk note

ROBUST CULTIVATION

1 min  |

November 04, 2025

Financial Express Kolkata

Mistry gears up for legal battle, calls for 'a fair hearing'

INDUSTRIALIST MEHLI MISTRY has filed a caveat petition before the Maharashtra Charity Commissioner, requesting that he be given “a fair hearing” before any formal move ismade to remove him as a trustee of Tata Trusts.

2 min  |

November 04, 2025

Financial Express Kolkata

Factory PMI jumps to 59.2 in Oct

BUOYED BY GST RELIEF

1 min  |

November 04, 2025

Financial Express Kolkata

Godrej Consumer may see margin recovery

DRIVEN BY TRADE NORMALISATION AND FESTIVE-SEASON TAILWINDS

1 min  |

November 04, 2025

Financial Express Kolkata

India needs large, resilient banks to compete globally’

Bank of Baroda has set an ambitious target to grow its fee-based income from 7-8% to 11-12% of total income.In an interview with Mahesh Nayak, Debadatta Chand, MD & CEO, speaks about the bank’s strategy to scale up its corporate loan book, deepen retail, agri, MSME penetration, and outlines plans to list key subsidiaries. Excerpts:

3 min  |

November 04, 2025

Financial Express Kolkata

ED’s ₹7,545-cr blow to Anil Ambani group

THE ENFORCEMENT DIRECTORATE (ED) on Monday said its special task force has provisionally attached over 132 acres of land in Dhirubhai Ambani Knowledge City in Navi Mumbai, worth ₹4,462.81 crore, as part of an alleged money-laundering probe against the group.

2 min  |

November 04, 2025
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