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Financial Express Kochi

Relief for L&T as MMRDA scraps tender

TAKEN TO COURT by Larsen & Toubro (L&T) which said it had been kept in the dark about the status of bids for two projects worth ₹14,000 crore — the Thane-Ghodbunder to Bhayandar tunnel and elevated road — the Mumbai Metropolitan Region Development Authority (MMRDA) informed the Supreme Court Friday that it had scrapped the tender process \"in the larger public interest\" and fresh tenders would be issued in due course.

1 min  |

May 31, 2025

Financial Express Kochi

HUL CEO pay rises 3.75% in FY25 amid slowdown woes

ROHIT JAWA, CHIEF executive officer (CEO) and MD of Hindustan Unilever (HUL), the country's largest consumer goods company, saw a 3.75% hike in his total remuneration for FY25 at ₹23.23 crore, according to the company's latest annual report, coming at a time when the company has been battling urban slowdown concerns.

1 min  |

May 31, 2025

Financial Express Kochi

FY25 fiscal deficit meets target at 4.8%

Despite Revenue Shortfall

1 min  |

May 31, 2025

Financial Express Kochi

Trump Tariffs to Remain in Effect After Court Stay

A federal appeals court temporarily paused a sweeping ruling against President Donald Trump's global tariffs while it takes more time to consider the administration's request for a longer-lasting hold.

2 min  |

May 31, 2025

Financial Express Kochi

China Prepares $70 Billion in Infrastructure Push

CHINA PLANS TO allocate 500 billion yuan ($70 billion) of capital that could be leveraged up to fast-track new infrastructure projects as authorities seek to cushion the economy from US tariffs, according to people familiar with the matter.

1 min  |

May 31, 2025

Financial Express Kochi

Slow but steady

Easing inflation, lower interest rates, and more disposable income should boost consumption

2 min  |

May 31, 2025

Financial Express Kochi

Tesla Steps Up Hiring Ahead of India Launch

TESLA HAS STEPPED up its hiring for consumer-facing roles in India, in a sign that it may be speeding up its plans to open retail stores in the country.

1 min  |

May 31, 2025

Financial Express Kochi

UPI Leads Surge in Online Banking Usage by Rural Women: Survey

The proportion of women in rural areas who could perform online banking transactions surged to 30% in the first quarter of 2025, much higher than 17.1% in 2022-23, a new survey by the statistics ministry shows.

2 min  |

May 31, 2025

Financial Express Kochi

Sebi Investigation to Focus on Index Options Strategies of Jane Street

The index options strategies of Jane Street, the global algo trading giant, are the main focus of the investigations being carried out by the Securities and Exchange Board of India (Sebi), said sources.

2 min  |

May 31, 2025

Financial Express Kochi

Meta Tightens Online Gambling Ad Rules

No Skill, No Slot

1 min  |

May 31, 2025

Financial Express Kochi

India is no longer just a middle-class market: FM

INDIA IS NO longer just a large market for other countries to sell their goods, but also a market from where innovations are coming up, finance minister Nirmala Sitharaman said on Friday.

1 min  |

May 31, 2025

Financial Express Kochi

Student visa appointments continue at US Embassy despite uncertainty

Steady Stream

1 min  |

May 31, 2025

Financial Express Kochi

After Sarvam, three more startups join India AI mission

Soket AI, Gnani.ai, Gan.ai to now build foundation AI models

1 min  |

May 31, 2025

Financial Express Kochi

Shapoorji Closes Record $3.4-Billion Private Debt Deal

REAL ESTATE AND construction conglomerate Shapoorji Pallonji Group has completed a $3.4-billion financing in the country's biggest-ever private credit deal, sources said.

1 min  |

May 31, 2025

Financial Express Kochi

Govt may have to pitch in to boost aggregate demand

• FMCG sales volume moderated in Q4

3 min  |

May 31, 2025

Financial Express Kochi

Musk, distanced from Trump, says he's exiting White House

Out Of Favour?

2 min  |

May 30, 2025

Financial Express Kochi

MSP Benefit Eludes Paddy Growers

Purchases under scheme reach only 17.3% farmers

1 min  |

May 30, 2025

Financial Express Kochi

Karnataka to charge slab-based welfare fee from aggregators

The Karnataka Government is likely to introduce a comprehensive tiered or slab-based structure to collect welfare fees from aggregators to support the Karnataka Gig Workers Social Security and Welfare Fund.

1 min  |

May 30, 2025

Financial Express Kochi

Wall Street interns are safe from AI. Here's why

SUMMER IS HERE. And for a select cohort of college students, that means swapping lecture halls for trading floors and seminar rooms for Wall Street office suites.

3 min  |

May 30, 2025

Financial Express Kochi

Compete, don't count on rupee fall: CEA to India Inc

Asks industry to increase capex for Mission 2047

2 min  |

May 30, 2025

Financial Express Kochi

Nano urea push hit by slow adoption

FOUR YEARS AFTER the launch of nano urea and nano-DAP (diammonium phosphate), their adoption among farmers has not been as fast as expected.

1 min  |

May 30, 2025

Financial Express Kochi

S&P 500, Nasdaq advance as Nvidia jumps

THE S&P 500 and the Nasdaq rose on Thursday, boosted by Nvidia after the AI-chipmaker posted strong revenue growth, while investors also assessed a federal court ruling that blocked most of US President Donald Trump's tariffs.

1 min  |

May 30, 2025

Financial Express Kochi

Mittal bats for one nation, one election

SUNIL BHARTI MITTAL, chairman of Bharti Enterprises, on Thursday urged the industry to rally behind the \"One Nation, One Election\" reform and actively engage with the government and political parties to underline its economic benefits.

1 min  |

May 30, 2025

Financial Express Kochi

Are we game for collaboration?

India needs greater collaboration and equality in action, where public and private institutions, corporates, and entrepreneurs pool efforts to improve its sports ecosystem

3 min  |

May 30, 2025

Financial Express Kochi

Design in India for the next level of growth: Vaishnaw

UNION IT AND RAILWAYS minister Ashwini Vaishnaw on Thursday stated that both manufacturing and services are crucial for driving India's next phase of economic growth.

1 min  |

May 30, 2025

Financial Express Kochi

Coca-Cola Expects Billion-Dollar Brand Club to Swell in India

THE WORLD'S LARGEST beverage company, Coca-Cola, expects more brands to join the billion-dollar club in India, executive vice president and chief operating officer Henrique Braun said on Thursday.

1 min  |

May 30, 2025

Financial Express Kochi

Trump's Latest: Harvard Must Act Within 30 Days

The Trump Administration on Thursday backed away from plans to immediately revoke Harvard University's ability to enroll international students and would instead give it 30 days to contest those plans through a lengthier administrative process.

1 min  |

May 30, 2025

Financial Express Kochi

Parts shortage slows e-bus manufacturing

OLECTRA GREENTECH'S INABILITY to ensure timely delivery of electric buses — which prompted the Maharashtra government to issue directions for cancelling a 5,150-vehicle order — stems from an impediment that ails the entire sector: sparse supply of components, particularly of chassis and battery.

1 min  |

May 30, 2025

Financial Express Kochi

Goal is to double non-gold revenue share to 30% by FY28

Muthoot FinCorp, the flagship company of the Muthoot Pappachan Group, aims to double the revenue share from its non-gold lending portfolio to 30% over the next three years.

3 min  |

May 30, 2025

Financial Express Kochi

Company considers dollar bond buyback on strong cash flow

LIFE INSURANCE CORPORATION of India is the sole buyer in Adani Ports & Special Economic Zone's record ₹5,000 crore ($585 million) bond sale, according to people familiar with the matter.

2 min  |

May 30, 2025