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Financial Express Kochi

Bajaj Finance profit up 22%, NPAs rise

BAJAJ FINANCE ON Thursday reported a 22% year-on-year increase in its net profit to ₹4,765 crore for the June quarter.

1 min  |

July 25, 2025

Financial Express Kochi

A Bilateral Game Changer

India signed a historic trade deal on Thursday amid worldwide economic chaos and uncertainty triggered by US President Donald Trump's tariff wars.

4 min  |

July 25, 2025

Financial Express Kochi

Personal luxury market set for a flat year: BCG

Who’s Still Buying?

1 min  |

July 25, 2025

Financial Express Kochi

Sensex Slumps on Profit Booking in Blue-Chip Stocks

EQUITY MARKETS FELL on Thursday, with the benchmark Sensex tumbling 542.47 points, amid profit taking in blue-chip stocks and foreign fund outflows.

1 min  |

July 25, 2025

Financial Express Kochi

Cashify targets profitability in FY26

Growth Roadmap

2 min  |

July 25, 2025

Financial Express Kochi

SBI Life profit grows 14% to ₹590 crore

SBI LIFE INSURANCE on Thursday reported a 14% growth in its net profit to ₹590 crore for the June quarter, compared with ₹520 crore in the year-ago period.

1 min  |

July 25, 2025

Financial Express Kochi

ED files ₹914-cr complaint against fintech Simpl for FDI violation

THE ENFORCEMENT DIRECTORATE (ED) has filed a complaint against Bengaluru-based fintech One Sigma Technologies, which operates the buy-now-pay-later (BNPL) platform Simpl, for allegedly violating foreign exchange regulations to the tune of ₹913.75 crore.

1 min  |

July 25, 2025

Financial Express Kochi

Nestle India Misses Street Estimates

NESTLE INDIA REPORTED lower-than-expected profit for the first quarter of FY26 on Thursday due to rising commodity prices and higher operating expenses.

1 min  |

July 25, 2025

Financial Express Kochi

Private sector logs strong July growth, PMI hits 60.7

AMID JOB WORRIES

1 min  |

July 25, 2025

Financial Express Kochi

Torrent Set to Buy L&T's Thermal Biz

TORRENT POWER is in talks to buy the thermal business unit of Larsen & Toubro for about $1 billion, including debt, according to people with knowledge of the matter.

1 min  |

July 25, 2025

Financial Express Kochi

AI Tata Group's Top Loss Generator: FY25 Figure Up 48% to ₹10.8K Cr

Air India's consolidated losses surged 48% year-on-year in FY25 to ₹10,859 crore, notwithstanding the improved seat occupancies and growth in capacity, according to disclosures made by Tata Sons.

2 min  |

July 25, 2025

Financial Express Kochi

'India is now a mature market for elevated storytelling'

In a dynamic over-the-top market, Amazon's Prime Video India is positioning itself as a full-fledged entertainment hub encompassing original shows, movie rentals and third-party subscriptions.

2 min  |

July 25, 2025

Financial Express Kochi

Nvidia chips worth $1bn entered China despite export controls

NVIDIA'S ADVANCED ARTIFICIAL intelligence chips worth at least $1 billion were smuggled to China in the three months after Washington tightened chip export controls, the Financial Times reported on Thursday.

1 min  |

July 25, 2025

Financial Express Kochi

Gems and jewellery units eye doubling of exports

THE PACT WILL enable the gems and jewellery units to more than double their shipments to the UK over the next three years, and boost employment creation in the sector, industry sources said.

1 min  |

July 25, 2025

Financial Express Kochi

SSFs Ride Demand for High-Yielding Distressed Assets

Gaining Traction

1 min  |

July 25, 2025

Financial Express Kochi

Volume Gains in Q1 Drive ACC's Profit 4% Higher

CEMENT MAKER ACC on Thursday reported a 4.35% increase in its consolidated net profit to ₹375.42 crore for the June 2025 quarter, helped by volume gains and operational efficiencies.

1 min  |

July 25, 2025

Financial Express Kochi

Canara Bank profit rises 22% on treasury gains

Canara Bank on Thursday reported a 22% year-on-year increase in net profit for the first quarter of FY26, reaching ₹4,752 crore, driven by robust treasury gains and higher fee-based income.

2 min  |

July 25, 2025

Financial Express Kochi

Motilal Oswal mulls new realty fund

MOTILAL OSWAL (MO) Alternates, the alternative investment arm of the Motilal Oswal group, has started discussions on its seventh real estate fund after raising ₹2000 crore from its sixth fund recently.

1 min  |

July 25, 2025

Financial Express Kochi

Four Showcause Notices to Air India by Regulator

AVIATION REGULATOR DGCA has issued four showcause notices to Air India for various violations related to cabin crew rest and duty norms, cabin crew training rules and operational procedures, a month after the airline made certain voluntary disclosures to the watchdog, sources said on Thursday.

1 min  |

July 25, 2025

Financial Express Kochi

Budget EVs, small cars kept out of tariff concessions

INDIA HAS PROVIDED duty concessions to UK auto exporters only on large petrol and diesel vehicles and high-priced electric vehicles, while protecting sensitive segments of the domestic automotive industry, especially small and mid-sized cars and lower-priced EVs, under the bilateral trade pact.

1 min  |

July 25, 2025

Financial Express Kochi

India Pushes for Sustainable Wetland Use

INDIA ON THURSDAY called upon countries to integrate sustainable lifestyles into their national policies to ensure the wise use of wetlands, with Union environment minister Bhupender Yadav highlighting the country's people-led conservation efforts and achievements on the global stage.

1 min  |

July 25, 2025

Financial Express Kochi

Tesla Braces for 'Rough' Quarters

ELON MUSK warned of difficult times ahead for Tesla Inc., following one of the carmaker's worst stretches since it first started producing electric sedans over a dozen years ago.

1 min  |

July 25, 2025

Financial Express Kochi

Bajaj Housing Finance profit climbs 21%

Bajaj Housing Finance (BHFL) on Wednesday reported a 21% year-on-year increase in its net profit to ₹583 crore for the June quarter.

1 min  |

July 24, 2025

Financial Express Kochi

RBI's liquidity injection receives good response

Banks bid for ₹71,902 cr against notified amount of ₹50,000 cr

1 min  |

July 24, 2025

Financial Express Kochi

Pioneering transformative business education for a new age

AARI School of Business at SRM University-Andhra Pradesh stands among India's top management institutes, offering a global perspective and equipping future managers with advanced administrative and leadership skills.

1 min  |

July 24, 2025

Financial Express Kochi

Import surge brings down market prices of tur below MSP

SURGE IN DUTY free and cheap imports from Myanmar, Mozambique, and Tanzania and robust harvest prospects of tur, a premium variety of pulses, has led to a drastic fall in mandi prices, which are ruling significantly below the minimum support price (MSP).

1 min  |

July 24, 2025

Financial Express Kochi

Setty: QIP a vote of confidence

STATE BANK OF INDIA chairman CS Setty on Wednesday said the ₹25,000-crore capital raise through the qualified institutional placement (QIP) route is a vote of confidence on the country's largest lender and also the Indian economy.

1 min  |

July 24, 2025

Financial Express Kochi

Revamped scheme for handloom weavers soon

To boost marketing and exports of handloom products, the textile ministry will be announcing a revamped national programme next year, a senior textile ministry official said.

1 min  |

July 24, 2025

Financial Express Kochi

ADB Cuts India's FY26 Growth Forecast to 6.5%

The Asian Development Bank (ADB) on Wednesday lowered India's growth forecast for FY26 to 6.5% from 6.7% projected in April, on account of trade uncertainty and higher US tariffs that are expected to impact exports and investment.

1 min  |

July 24, 2025

Financial Express Kochi

Tilaknagar Buys Imperial Blue Whisky for ₹4.1K cr

TILAKNAGAR INDUSTRIES On Wednesday said that it had signed a definitive agreement to acquire the Imperial Blue business, the country's third-largest whisky brand, for an enterprise value of ₹4,150 crore from Pernod Ricard India.

1 min  |

July 24, 2025