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Financial Express Kochi

Indian money in Swiss banks triples, customer deposits rise only 11%

INDIAN MONEY PARKED in Swiss banks more than tripled in 2024 to 3.5 billion Swiss francs (nearly ₹37,600 crore) on the back of a huge jump in funds held through local branches and other financial institutions, annual data released by Switzerland's central bank showed on Thursday.

1 min  |

June 20, 2025

Financial Express Kochi

Jordanian airline back with flights to Mumbai

ROYAL JORDANIAN AIRLINES has made a comeback to India after a gap of 13 years with the launch of direct flights between Amman and Mumbai.

1 min  |

June 20, 2025

Financial Express Kochi

NaBFID plans debut global fundraise of up to $1 bn

NATIONAL BANK FOR Financing Infrastructure and Development (NaBFID) is considering raising up to $1 billion in its debut overseas borrowing this fiscal year, as it looks to diversify funding sources, a senior official said on Thursday.

1 min  |

June 20, 2025

Financial Express Kochi

TCS sees human+AI as future work model

TATA CONSULTANCY SERVICES (TCS), the country's largest IT services provider, sees a future shaped by a collaborative \"human plus AI\" work model as enterprises accelerate the adoption of artificial intelligence (AI) technologies.

2 min  |

June 20, 2025

Financial Express Kochi

Dabur enters nutraceutical category

DABUR INDIA ON Wednesday launched a new supplement brand 'Siens', announcing its entry into the nutraceutical category.

1 min  |

June 19, 2025

Financial Express Kochi

Hero Set to Introduce BaaS Model for E-scooter

TWO-WHEELER MAKER Hero MotoCorp on Wednesday said it will introduce a subscription-based battery-as-a-service (BaaS) model for its upcoming electric scooter VIDA VX2 from next month.

1 min  |

June 19, 2025

Financial Express Kochi

Vi picks Starlink rival for satcom services rollout

VODAFONE IDEA (Vi) on Wednesday said it has partnered with AST SpaceMobile, a US-based satellite communications firm and rival to Elon Musk's SpaceX, to launch satellite-based mobile services directly on smartphones across the country.

1 min  |

June 19, 2025

Financial Express Kochi

OnePlus to make IoT devices locally

SMARTPHONE MAKER ONEPLUS on Wednesday said it has partnered with Optiemus Electronics (OEL) to begin local manufacturing of its premium internet of things (IoT) devices in India, expanding its domestic production beyond smartphones.

1 min  |

June 19, 2025

Financial Express Kochi

CEO Jassy says AI will reduce Amazon's corporate ranks

AMAZON CEO ANDY Jassy says he expects the company's workforce to decline in the next few years as the retail and cloud-computing giant uses artificial intelligence to handle more tasks.

1 min  |

June 19, 2025

Financial Express Kochi

Urban Company Back in Black in FY25; Tax Gain Boosts Bottom Line

Urban Company has turned profitable in FY25, posting a consolidated net profit of ₹239.8 crore compared to a loss of ₹93 crore in the previous year.

2 min  |

June 19, 2025

Financial Express Kochi

Wipro arm to buy stake in French firm

ENGINEERING AND MANUFACTURING solutions provider Wipro Infrastructure Engineering (WIN) on Wednesday said it will acquire a majority stake in French aircraft parts manufacturer Lauak Group.

1 min  |

June 19, 2025

Financial Express Kochi

ICAI to resume detailed probe into Byju's today

THE INSTITUTE OF Chartered Accountants of India (ICAI) is going to resume its probe into the troubled edtech firm Byju's from Thursday after the institute forms four new benches of its disciplinary committee, said Charanjot Singh Nanda, president of ICAI.

1 min  |

June 19, 2025

Financial Express Kochi

Credit Growth Likely to See Turnaround

Another senior banker observed that not all problems would be resolved, though supply chains that have been choked may open up and crude oil prices may ease.

1 min  |

June 19, 2025

Financial Express Kochi

Karnataka govt probes if bike taxi apps flouting ban

THE KARNATAKA GOVERNMENT is investigating ride-hailing platforms Rapido and Uber for allegedly violating a high court ban on bike taxi operations by offering similar services under alternative categories such as \"Bike Parcel\" and \"Moto Courier\".

1 min  |

June 19, 2025

Financial Express Kochi

Social Security Key FTA Element: Goyal

SOCIAL SECURITY AGREEMENT is a non-negotiable part of India's free trade agreement (FTA) discussions, commerce and industry minister Piyush Goyal said.

1 min  |

June 19, 2025

Financial Express Kochi

Musk's xAI burning $1 billion a month as costs pile up

RACING AHEAD

1 min  |

June 19, 2025

Financial Express Kochi

Conflict spills over to the digital world

THE CONFLICT BETWEEN Israel and Iran is spilling over into the digital world, inflaming a decades-long campaign of hacks and espionage between two nations renowned for their cyber prowess.

1 min  |

June 19, 2025

Financial Express Kochi

New MF investor count drops

Investor rush fizzles since July high, says report

1 min  |

June 19, 2025

Financial Express Kochi

Brokerages flag near-term pain for BSE on expiry shift

The move in line with global trends, says Ramamurthy

2 min  |

June 19, 2025

Financial Express Kochi

Bonds flat as mkt tracks oil trends

GOVERNMENT BOND YIELDS

1 min  |

June 19, 2025

Financial Express Kochi

Chandrasekaran Apologises for Ahmedabad AI Plane Crash

TATA SONS AND Air India chairman N Chandrasekaran on Wednesday apologised for the Air India plane crash in Ahmedabad last week that claimed more than 270 lives.

1 min  |

June 19, 2025

Financial Express Kochi

IT, ITeS flexi workforce to reach 900,000 by 2030: Careernet

WITH INDIA'S IT and ITeS sector embracing flexible staffing as a core workforce strategy, a report on Wednesday revealed that the gig economy, which is growing at 15% annually, will touch 900,000 professionals by 2030.

1 min  |

June 19, 2025

Financial Express Kochi

Plans afoot to triple output: Cairn

CAIRN OIL & GAS, part of Vedanta Group, is aiming to increase its hydrocarbon output to 300,000 barrels of oil equivalent per day (boepd) in the near future from the current level of 103,200 boepd, with drilling set to begin in a number of projects this year, chief financial officer Hitesh Vaid told FE.

2 min  |

June 19, 2025

Financial Express Kochi

AI changing FMCG sector, to lead value creation: Tata Consumer

ARTIFICIAL INTELLIGENCE (AI) is bringing about rapid change in the fast-moving consumer goods (FMCG) sector, pushing companies to increase their digital investments, Tata Consumer's non-executive, non-independent director PB Balaji said on Wednesday.

2 min  |

June 19, 2025

Financial Express Kochi

Into the heart of creativity

Racing Past '23 & '24

2 min  |

June 19, 2025

Financial Express Kochi

Dassault-Reliance Infra JV...

IN THE CASE of the Reliance partnership, the Falcon 2000 is a popular twin-engine business jet known for its performance and efficiency, typically seating between eight to ten passengers.

1 min  |

June 19, 2025

Financial Express Kochi

Indian Fintechs Primed to Tap Global Markets: FM

WITH INDIA'S FINTECH market expected to reach $400 billion by 2028-29, finance minister Nirmala Sitharaman on Wednesday said that Indian innovations can potentially become global public goods, opening up new markets for the sector.

1 min  |

June 19, 2025

Financial Express Kochi

DLF garners ₹11K cr from new project

Gurugram project sells out within a week

1 min  |

June 19, 2025

Financial Express Kochi

India, Canada to resume FTA talks after 21-month pause

India and Canada have agreed to resume negotiations on a free trade agreement (FTA) that were suspended in September 2023, just before New Delhi was to host the G-20 Summit.

2 min  |

June 19, 2025

Financial Express Kochi

PM Discusses Bilateral Ties With World Leaders

PRIME MINISTER NARENDRA Modi held a series of bilateral meetings with his global counterparts on the margins of the G7 Summit in Kananaskis, Canada, with discussions focusing on a range of issues such as trade, investment, counter-terrorism and global challenges.

1 min  |

June 19, 2025