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Financial Express Kochi

ITC Hotels Q4 net profit up 19% on higher revenues

ITC HOTELS ON Thursday reported a 19% rise in consolidated net profit at ₹257.85 crore in the March quarter on the back of higher revenues.

1 min  |

May 16, 2025

Financial Express Kochi

Trump hails Qatari pledge to invest $10bn in US airbase

US PRESIDENT DONALD Trump said on Thursday Qatar will invest $10 billion in coming years in the Al Udeid Air Base southwest of its capital Doha, the largest US military facility in the Middle East.

1 min  |

May 16, 2025

Financial Express Kochi

Pernod loses bid for Delhi licence again

THE DELHI GOVERNMENT has rejected for a third time Pernod Ricard's request for a licence to sell its brands, citing ongoing investigations, an order showed.

1 min  |

May 16, 2025

Financial Express Kochi

Modi to meet CMs on rural development, Viksit Bharat

PRIME MINISTER NARENDRA Modi will likely discuss with state chief ministers the steps needed to boost rural economic development, widening of the aspirational blocks programme, and strengthening of centre-state coordination for shared prosperity, during the Niti Aayog governing council meeting on May 24.

2 min  |

May 16, 2025

Financial Express Kochi

Air India merger fuels Singapore Airlines' record annual profit

SINGAPORE AIRLINES REPORTED a record annual net profit on Thursday, boosted by a one-off gain from the merger of Air India and Vistara, but lower air fares in response to increased competition weighed on operating profit.

1 min  |

May 16, 2025

Financial Express Kochi

SG Mehta Will Lead Team to Prosecute Rana in 26/11 Case

The Union Government Thursday announced a team of prosecutors headed by Solicitor General Tushar Mehta to represent the National Investigation Agency (NIA) during the trial of Tahawwur Rana, the 26/11 Mumbai terror attack conspirator extradited to India from the US.

1 min  |

May 16, 2025

Financial Express Kochi

Vi moves SC for ₹45K-cr AGR relief

Distress Call

1 min  |

May 16, 2025

Financial Express Kochi

Axis Mutual's Shah suggests shifting to short term bonds

A POSITIVE MACRO environment and a benign interest rate outlook, among other factors, fuelled a rally in the debt market over the past 15 months, enabling Axis Mutual Fund to capture value from higher-duration bonds, according to its head of fixed income Devang Shah.

1 min  |

May 16, 2025

Financial Express Kochi

Zepto bets on monetising brand insights with Atom

THE ROLL-OUT OF Zepto Atom, a subscription-based analytics tool for consumer brands on its platform, marks a significant step in its broader monetisation strategy.

1 min  |

May 16, 2025

Financial Express Kochi

Thermal coal imports down 5% in FY25 as production improves

Govt targets to eliminate coal imports by FY26

2 min  |

May 16, 2025

Financial Express Kochi

The race for the last mile

WHEN SWIGGY PULLED the plug on its Genie service earlier this month, a niche but growing segment of hyperlocal logistics was thrown into a moment of reckoning.

3 min  |

May 16, 2025

Financial Express Kochi

Infosys Trims Q4 Bonus to 65% as Profit Slides

INFOSYS HAS SLASHED its average variable bonus payout to 65% for the January-March quarter of FY25, citing a weak macroeconomic environment and a dip in profitability.

1 min  |

May 16, 2025

Financial Express Kochi

The caste question

Can the BJP handle the social fragmentation that could occur due to a caste census?

4 min  |

May 15, 2025

Financial Express Kochi

SC refuses urgent listing of FIR plea against Justice Varma in cash row

The Supreme Court on Wednesday refused to list for urgent hearing a plea seeking the registration of an FIR against the Allahabad High Court's Justice Yashwant Varma in connection with the cash discovery row.

1 min  |

May 15, 2025

Financial Express Kochi

Nod to ₹3,706-cr chip plant

\"WHAT WE UNDERSTAND is that once this unit is there, then the display panel plant will also come to India.

1 min  |

May 15, 2025

Financial Express Kochi

Justice BR Gavai Sworn In as CJI

Will have a tenure of over six months

1 min  |

May 15, 2025

Financial Express Kochi

The Tariff U-Turn Came Just in Time for Economy

PRESIDENT DONALD TRUMP may have dialed back his tariff experiment just in time — at least if the April economic data is any indication.

3 min  |

May 15, 2025

Financial Express Kochi

Thermal power addition misses target by wide margin

Capacity addition just 4.53 GW against the goal of 15.4 GW

2 min  |

May 15, 2025

Financial Express Kochi

Edible oil import volume declines 36% in April

Less Shipments

1 min  |

May 15, 2025

Financial Express Kochi

Tesla to resume shipping components from China

TESLA PLANS TO start shipping components from China to the US for the production of Cybercab and Semi trucks from the end of this month, after the US and China reached a truce over tariffs, said a person with direct knowledge.

1 min  |

May 15, 2025

Financial Express Kochi

NSE closes Jane Street trading probe

THE NATIONAL STOCK Exchange (NSE) has closed an investigation into irregular trades by Jane Street Group, one of the most active foreign players in the country's derivatives markets, according to people familiar with the matter.

1 min  |

May 15, 2025

Financial Express Kochi

Bar Council permits foreign lawyers to practise in India

AFTER YEARS OF flip-flop on the issue of allowing foreign law firms and lawyers to practice in India, the Bar Council of India (BCI) has officially notified amendments to its 2022 rules which would enable them to do so on a reciprocal basis.

2 min  |

May 15, 2025

Financial Express Kochi

Internship target up nearly 6 times

Nod to ₹3,706-cr chip plant

3 min  |

May 15, 2025

Financial Express Kochi

Hero Moto Aims to Outpace Industry in FY26 with EV, Entry-Level Ride

HERO MOTOCORP, the country's largest two-wheeler manufacturer, has set ambitious targets for FY26, aiming to outpace the industry's projected growth of 6-7%.

1 min  |

May 15, 2025

Financial Express Kochi

RBI reviews some e-wallets after taxi app goes bust

Under Scrutiny

1 min  |

May 15, 2025

Financial Express Kochi

Ireda Files Bankruptcy Plea Against Gensol

INDIAN RENEWABLE ENERGY Development Agency (Ireda) on Wednesday said it filed a bankruptcy application against beleaguered Gensol Engineering before the National Company Law Tribunal.

1 min  |

May 15, 2025

Financial Express Kochi

AGR dues swap proposal exploratory: Airtel

BHARTI AIRTEL'S VICE chairman and managing director, Gopal Vittal, said on Wednesday that the company's recent proposal to convert its adjusted gross revenue (AGR) dues into government equity was only exploratory in nature.

2 min  |

May 15, 2025

Financial Express Kochi

Tata Power profit jumps 17% in Q4

TATA POWER BEAT estimates to post a net profit of ₹1,043 crore in Q4 of FY25, a 16.5% jump over ₹895 crore it reported in Q4FY24.

1 min  |

May 15, 2025

Financial Express Kochi

Trump meets Syrian leader, urges him to normalize ties with Israel

US PRESIDENT DONALD Trump met with Syria's president in Saudi Arabia on Wednesday and urged him to normalize ties with longtime foe Israel, after a surprise US announcement that it would lift all sanctions on the Islamist-led government.

1 min  |

May 15, 2025

Financial Express Kochi

Spike in 'super-core' inflation reveals price pressures

While the consumer price index (CPI) hit a 69-month low of 3.16% in April, driven by a decline in food prices, \"super-core\" inflation rose to a 20-month high of 4.7%, reflecting price pressures in services segment, reports Saikat Neogi.

1 min  |

May 15, 2025