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Financial Express Bengaluru

United Spirits profit up 36% as Andhra re-entry boosts sales

UNITED SPIRITS, THE country’s largest liquor maker, on Thursday reported a 36.1% year-on-year rise in consolidated net profit for the second quarter of FY26 to 464 crore, beating Street estimates by a wide margin. Bloomberg consensus estimates had forecast net profit at $373 crore.

1 min  |

October 31, 2025

Financial Express Bengaluru

RDIF as engine of knowledge economy

THIS YEAR'S ECONOMICS Nobel Prize awarded to Philippe Aghion, Peter Howitt, and Joel Mokyr underscores the principle that sustained productivity gains stem not from capital deepening alone but from frontier innovation, the systematic generation and diffusion of new technologies that displace obsolete ones through creative destruction.

3 min  |

October 31, 2025

Financial Express Bengaluru

L&T targets sixfold rise in data centre business

HE FURTHERADDED that data centres are a capital-intensive business, and getting clients to use the data centre for storing servers and keeping data in is not very remunerative.

1 min  |

October 31, 2025

Financial Express Bengaluru

Global auto firms brace for chip cuts

CARMAKERS AROUND THE world are planning to scale back production after an export freeze on a Chinese semiconductor company based in Netherlands threatened to disrupt the industry’s supply chains.

1 min  |

October 31, 2025

Financial Express Bengaluru

US grants 6-month waiver to India on Chabahar port

After one-month relief, US grants India six-month Chabahar waiver. Fresh exemption to come into effect from October 29

1 min  |

October 31, 2025

Financial Express Bengaluru

Canara Bank profit climbs 19%

REPORT CARD

1 min  |

October 31, 2025

Financial Express Bengaluru

Govt to create valid data on district domestic product

THE ANNUAL SURVEY of unincorporated sector enterprises (ASUSE), coupled with the periodic labour force survey (PLFS), would be extremely useful in calculating the district domestic product (DDP), Ministry of Statistics and Programme Implementation Secretary Saurabh Garg has said.

1 min  |

October 31, 2025

Financial Express Bengaluru

CAG urges states to build Odisha-like budget buffers

'STABLISATION FUND WILL COME IN HANDY IN HARD TIMES'

2 min  |

October 31, 2025

Financial Express Bengaluru

Swiggy delivers no surprise: Revenue rises, loss widens

NET LOSS WIDENS 74% TO 71,092 CR, REVENUE UP 54% TO %5,561 CR

2 min  |

October 31, 2025

Financial Express Bengaluru

BSNL achieves 93% of Q2 revenue target, says Scindia

STATE-RUN TELECOM operator Bharat Sanchar Nigam Limited (BSNL) achieved 93% of its second-quarter revenue target for FY2025-26, generating Rs 5,347 crore, Union Minister for Communications Jyotiraditya Scindia said on Thursday.

1 min  |

October 31, 2025

Financial Express Bengaluru

L&T targets 6x rise in data centre biz

ENGINEERING AND CONSTRUCTION giant Larsen & Toubro (L&T) plans to expand its data centre capacity sixfold to 200 MW from 32 MW as it bets big on India’s growing digital infrastructure demand.

1 min  |

October 31, 2025

Financial Express Bengaluru

Philanthropy vs industry

THE TATA EXAMPLE GIVES CAPITALISM A CONSCIENCE, BUT A CLOSER LOOK REVEALS POTENTIAL CONFLICTS

4 min  |

October 30, 2025

Financial Express Bengaluru

Sachidanand Upadhyay Joins the Global Business Elite with Second Appearance in Time Magazine

Sachidanand Upadhyay, Managing Director of Lord’s Mark Industries Ltd. (LMIL), has achieved a significant milestone with his second consecutive appearance in Time Magazine.

1 min  |

October 30, 2025

Financial Express Bengaluru

Reliance to bring Italy’s MAX&CO to India

ITALIAN FASHION BRAND MAX&CO is set to make its India debut early next year in Mumbai after Reliance Brands on Wednesday said it had entered into a long-term master franchise agreement with its parent Max Mara Fashion Group.

1 min  |

October 30, 2025

Financial Express Bengaluru

Varun Beverages makes alcobev market foray

Profit up 19.6% in Sept quarter

1 min  |

October 30, 2025

Financial Express Bengaluru

China’s 5-yr tech ambition plan

DAYS BEFORE MEETING President Trump in South Korea, the Chinese leader Xi Jinping laid out the next stage ina strategy of long-term competition with the USand the West that centres on securing a global lead in advanced manufacturing and technology.

1 min  |

October 30, 2025

Financial Express Bengaluru

Capital SFB aims to double loan book by FY29

CAPITAL SMALL FINANCE Bank targets to double its loan book to ₹16,000 crore by FY29 from ₹7,907 crore at present, a senior executive told FE in an interview.

1 min  |

October 30, 2025

Financial Express Bengaluru

Sebi's fee reset proposals hit AMC, brokerage stocks

UNDER STRESS

2 min  |

October 30, 2025

Financial Express Bengaluru

Second Fund of Funds scheme may focus entirely on deeptech

AS MARKET VALUATIONS of tech companies skyrocket around the world, Commerce and Industry Minister Piyush Goyal said on Wednesday that the second Fund of Funds scheme for startups that is being finalised will provide domestic deeptech ventures resources to grow without coming under pressure to cede equity to foreign investors at an early stage.

1 min  |

October 30, 2025

Financial Express Bengaluru

Mistry's exit puts spotlight on October 2024 resolution

Legal experts divided on whether the resolution grants tenure for life to all trustees or only those unanimously reappointed

2 min  |

October 30, 2025

Financial Express Bengaluru

PepsiCo looks to unify 500-brand empire in first rebranding in 25 yrs

GLOBAL FOOD AND beverage major PepsiCo on Wednesday unveiled a new corporate identity — its first in more than 25 years — as part of a broader effort to accelerate growth and strengthen its connection with consumers worldwide.

1 min  |

October 30, 2025

Financial Express Bengaluru

Havells, others invest ₹1.4K cr in Goldi Solar

ELECTRICAL EQUIPMENT COMPANY Havells India and other high net worth investors have bought a stake of around 21% in Goldi Solar, a solar PV module manufacturer, for ₹1,422 crore.

1 min  |

October 30, 2025

Financial Express Bengaluru

L&T misses estimates, Q2 profit rises 16%

ENGINEERING AND CONSTRUCTION major Larsen & Toubro (L&T) on Wednesday reported a 16% rise in its consolidated net profit for the July-September quarter, narrowly missing Bloomberg’s consensus estimate.

1 min  |

October 30, 2025

Financial Express Bengaluru

8th Pay Commission has its task cut out

OVER THE DECADES, especially since the mid-1990s, the pay hike for government staff in real terms has been much higher than that of per capita net national income.

1 min  |

October 30, 2025

Financial Express Bengaluru

Panel formed to suggest tax refund rates for exports

THE GOVERNMENT HAS constituted a committee to review the rates of tax refund under the export schemes—Remission of Duties and Taxes on Exported Products (RoDTEP) and Rebate of State and Central Taxes and Levies (RoSCTL).

1 min  |

October 30, 2025

Financial Express Bengaluru

A trade deal with India soon: Trump

WHILE THE FALL deadline for the initial tranche of BTAwas set by both sides and both sides were sounding confident of a dealin the offing, that was notto be,as differences persisted.

1 min  |

October 30, 2025

Financial Express Bengaluru

From reactive to proactive intelligence

LATE ONE NIGHT at a network centre,a regional node strains under rising traffic. Previously, this would have triggered technician alerts and manual interventions. Now, an Al agent detects the anomaly, reroutes traffic, optimises bandwidth, and logs the event seamlessly. No alarms, no downtime, just intelligence at work.

1 min  |

October 30, 2025

Financial Express Bengaluru

SAIL profit declines 53% to ₹419 crore

STATE-OWNED SAIL on Wednesday said its consolidated net profit fell more than 53% to ₹418.72 crore in the September quarter.

1 min  |

October 30, 2025

Financial Express Bengaluru

Canada pension fund looks to raise India investments

LOCALASSETS AT C$29.5 BN; INVESTMENTS TRIPLE IN 5 YEARS

2 min  |

October 30, 2025

Financial Express Bengaluru

‘We plan to invest 15-20% of our third fund in India’

As Japan’s largest bank, MUFG has been investing in India’s fintech landscape, backing startups such as Jupiter, M2P, Lentra and Dhan through its corporate venture arm, MUFG Innovation Partners (MUIP).

2 min  |

October 30, 2025
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