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Financial Express Kochi

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 Kochi

Glenmark, AbbVie Ink $700-Million Deal for Cancer Drug

A unit of Glenmark Pharmaceuticals, Ichnos Glenmark Innovation, has entered into a pact with AbbVie to license its under-development multiple myeloma drug for an upfront payment of $700 million.

1 min  |

July 11, 2025

Financial Express Kochi

Grok is coming to Tesla EVs: Musk

TESLA WILL HOLD its annual shareholder meeting on November 6, it said on Thursday, a day after a group of investors urged the Elon Musk-led electric automaker to set a date, cited legal obligations.

1 min  |

July 11, 2025

Financial Express Kochi

Reservoir levels swell 95% on year on early monsoon

Rain Bounty

1 min  |

July 11, 2025

Financial Express Kochi

Samsung to unveil its first trifold smartphone in 2025

SAMSUNG ELECTRONICS PLANS to begin selling a tri-fold smartphone later this year, joining rival Huawei Technologies in exploring a relatively untested market.

1 min  |

July 11, 2025

Financial Express Kochi

OPEC trims oil demand for next four years

No Peak In Sight

2 min  |

July 11, 2025

Financial Express Kochi

TCS adds 5,090 employees

Firm cautious on future hiring; FY25 pay hikes awaited

1 min  |

July 11, 2025

Financial Express Kochi

Indian team to visit US again

THE LATEST VISIT comes within two weeks of a similar visit to the US by the Indian negotiating team, led by chief negotiator and special secretary in the Department of Commerce Rajesh Agrawal.

2 min  |

July 11, 2025

Financial Express Kochi

Looking to expedite review of Asean trade pact: Goyal

INDIA IS LOOKING forward to fast-tracking discussions on the review of the Asean-India Trade In Goods Agreement (AITIGA) to ensure fair trade and balanced growth, commerce and industry minister Piyush Goyal said on Thursday.

1 min  |

July 11, 2025

Financial Express Kochi

India Plans $3.82-bn Duty to Counter US Steel Tariff

WTO notified of proposed increase in levy

2 min  |

July 11, 2025

Financial Express Kochi

AI road map for financial services

When it comes to artificial intelligence (AI) adoption in the financial services (banking, financial services, and insurance) sector, India ranks as a global leader.

4 min  |

July 11, 2025

Financial Express Kochi

Piramal arm sells ₹100-cr property to single buyer

PIRAMAL REALTY ON Thursday said it has sold a sea-facing penthouse and two duplex apartments in its housing project in Mumbai for more than ₹100 crore to a single buyer.

1 min  |

July 11, 2025

Financial Express Kochi

With USAID shut, Borlaug's institute seeks India's help

SIX DECADES AGO, the legendary agricultural scientist Norman Borlaug ushered in India's Green Revolution through his high-yielding, semi-dwarf wheat varieties such as Lerma Rojo 64A, Sonora 63, Sonora 64 and Mayo 64.

2 min  |

July 11, 2025

Financial Express Kochi

Jane Street's F&O gains surpass combined profits of exchanges

JANE STREET'S (JS) ONE-year profit from futures and options (F&O) trading in India exceeded the combined profits of all major Indian stock exchanges — NSE, BSE, MCX, and IEX — in FY25.

1 min  |

July 11, 2025

Financial Express Kochi

BlackRock's entry could lead to a shift in market shares

THE ENTRY OF BlackRock into the Indian mutual funds market has led to concerns that the market shares of dominant players could change, according to Avinash Satwalekar, president, Franklin Templeton (India).

1 min  |

July 11, 2025

Financial Express Kochi

Moving at pace

PPP projects are finally giving a boost to logistics infra; plugging a few gaps is necessary

2 min  |

July 11, 2025

Financial Express Kochi

Amazon Expands 10-Min Delivery Service to Delhi

AMAZON HAS LAUNCHED its quick commerce service, Amazon Now, in parts of New Delhi, marking its second city entry after Bengaluru.

1 min  |

July 11, 2025

Financial Express Kochi

Copper Imports Soar as Local Output Falls

INDIA'S COPPER PRODUCTION has dropped from 843 kilo tonne (KT) in FY18 to 573 KT in FY25, even as demand for the metal has risen at a scorching pace due to new uses in sunrise industries, reports Saikat Neogi.

1 min  |

July 10, 2025

Financial Express Kochi

Game of glorious uncertainties, Chapter III

From Leeds to Birmingham, momentum may turn again at Lord's

2 min  |

July 10, 2025

Financial Express Kochi

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  |

July 10, 2025

Financial Express Kochi

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 Kochi

US Slaps 30% Tariffs...

The Census Bureau reported that last year US ran a trade imbalance on goods of $1.4 billion with Algeria, $5.9 billion with Iraq, $900 million with Libya, $4.9 billion with the Philippines, $111 million with Brunei and $85 million with Moldova.

1 min  |

July 10, 2025

Financial Express Kochi

Drug makers weigh fast market rejig

Cannot absorb such sharp costs, says industry

2 min  |

July 10, 2025

Financial Express Kochi

Viceroy Research: No stranger to controversy

Research firm has been both lionised and vilified for its reports

2 min  |

July 10, 2025

Financial Express Kochi

India's growth to remain resilient, says Temasek

A US-India trade deal looks promising along with other free trade pacts that the govt is pursuing, the Singapore fund said

1 min  |

July 10, 2025

Financial Express Kochi

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 Kochi

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 Kochi

Tata Sons chairman meets Mamata

TATA SONS CHAIRMAN N Chandrasekaran met West Bengal CM Mamata Banerjee on Wednesday, officials said.

1 min  |

July 10, 2025

Financial Express Kochi

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 Kochi

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