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Financial Express Kochi

IBM to lay off thousands as it sharpens focus on AI

INTERNATIONAL BUSINESS MACHINES (IBM) will cut thousands of workers this quarter while it continues to shift the focus of its business to higher-growth software and services.

1 min  |

November 06, 2025

Financial Express Kochi

Britannia Q2 net profit rises 23% to ₹655 crore

REGIONAL STRATEGY TO DRIVE GROWTH, SAYS VARUN BERRY

1 min  |

November 06, 2025

Financial Express Kochi

Video game developers see ban on RMG as a real boon

THE RECENTLY ENACTED Promotion and Regulation of Online Gaming Act, which banned real money gaming (RMG), has come as a major boon for the video game industry as it removed the longstanding ambiguity between video games and those that promote betting or gambling, according to the Game Developers Association of India (GDAI).

1 min  |

November 06, 2025

Financial Express Kochi

Insolvent firms may get back assets seized by ED

Move expected to help resolve IBC-PMLA conflict

1 min  |

November 06, 2025

Financial Express Kochi

MSME exporters may get 2-3.5% interest relief

THE GOVERNMENT MAY offer 2-3.5% interest subvention to micro, small, and medium enterprises (MSMEs) exporters in a targeted manner, under a revamped interest subvention scheme in the works.

1 min  |

November 06, 2025

Financial Express Kochi

China bans foreign AI chips from state-funded data centres

THE CHINESE GOVERNMENT has issued guidance requiring new data centre projects that have received any state funds to only use domestically-made artificial intelligence chips, two sources told Reuters.

2 min  |

November 06, 2025

Financial Express Kochi

New York swings Mamdani's way

YOUNGEST, YET MIGHTY

3 min  |

November 06, 2025

Financial Express Kochi

From Chhoti Bahu to Dhoom Machale

ZOHRAN MAMDANI CREATED history after New Yorkers elected him their first Muslim and South Asian-origin mayor.

1 min  |

November 06, 2025

Financial Express Kochi

Bihar gears up for first phase of polls today

ALLARRANGEMENTS ARE in place for the first phase of Bihar polls on Thursday in 121 constituencies with 37.5 million voters eligible to exercise their franchise across 45,341 polling stations.

1 min  |

November 06, 2025

Financial Express Kochi

Gopi Hinduja — the man and the businessman

THE YEAR WAS 1976 when I first met the man — Gopichand Hinduja. What was supposed to be a job interview for a newly acquired travel business in Iran, the encounter lasted about 20 minutes. I was then 36 years old and a senior airline executive at British Airways.

2 min  |

November 06, 2025

Financial Express Kochi

Keeping drones on connected mode

WHETHER IT IS logistics, public safety or inspection of critical infrastructure - drones have become valuable tools in India.

1 min  |

November 06, 2025

Financial Express Kochi

Next NHAI InvIT by month-end, to target ₹8,000-crore mop-up

THE BIDDING PROCESS for the fifth round of monetisation through infrastructure investment trust (InvIT) route by the National Highways Authority of India (NHAI) will start by the end of this month.

1 min  |

November 06, 2025

Financial Express Kochi

Insolvent companies may get back assets attached by ED

EXPERTS SAID THAT the circular guides IPs on the protocol to be adopted in cases where assets of the corporate debtor are attached under the PMLA.

2 min  |

November 06, 2025

Financial Express Kochi

Eternal, Swiggy eye big bucks from going-out business

Food delivery giants turn focus to rapidly-growing dining out, live events space

2 min  |

November 06, 2025

Financial Express Kochi

Japanese carmakers rev up investment in India to cut China reliance

TOYOTA, HONDA AND Suzuki are spending billions of dollars to build new cars and factories in India, a sign of the country’s growing importance as a manufacturing hub as Japanese automakers redraw global supply chains to reduce dependence on China.

3 min  |

November 06, 2025

Financial Express Kochi

BMW boosts car profit margin as EV spending passes peak

BMW's CORE PROFIT margin rose in the third quarter as it passed the peak in research and development spending ona new all-electric range that it hopes will boost growth amid stiff competition in China.

1 min  |

November 06, 2025

Financial Express Kochi

Reframing the future of work

AI HAS LONG captured the imagination of businesses and technologists alike—sparking both excitement and caution in equal measure. For years, organisations experimented with proofs of concept, pilots, and sandbox projects. The question was neverwhether AI could do something interesting, but whether it could do something that truly mattered to people.

2 min  |

November 06, 2025

Financial Express Kochi

Google clears DOJ for $32-bn Wiz deal

ALPHABET'S GOOGLE AND cybersecurity company Wiz cleared a key hurdle to closing their $32 billion deal, with the US government saying it would wrap up its investigation of the acquisition.

1 min  |

November 06, 2025

Financial Express Kochi

Toyota buyout is a major test for Japan's reforms

JAPAN INC HAS made great strides in corporate governance over the past decade that buoyed the stock market and ignited interest in dealmaking. It is now facing a landmark test of those efforts ina case involving the Toyota group. Minority investors are upset about the group’s bid to take one ofits listed affiliates private.They re concerned about many issues, mainly pricing and a lack of disclosure.

3 min  |

November 06, 2025

Financial Express Kochi

Delhivery posts loss on Ecom integration costs

THIRD-PARTY LOGISTICS PROVIDER Delhivery reported a loss of ₹50.5 crore in the July-September quarter, compared to a profit of ₹10.2 crore in the year-ago period, hit by costs related to the integration of Ecom Express.

1 min  |

November 06, 2025

Financial Express Kochi

Bengal SIR: Over 8.4 mn forms distributed so far

AS PART OF the Special Intensive Revision (SIR) of electoral rolls in West Bengal, more than 8.4 million enumeration forms were distributed across the state so far, an official said on Wednesday.

1 min  |

November 06, 2025

Financial Express Kochi

China offers to help India fight worsening air pollution crisis

CHINA HAS OFFERED TO help India tackle its severe air pollution crisis, particularly in Delhi and surrounding areas.

1 min  |

November 06, 2025

Financial Express Kochi

FATF lauds ED progress in money laundering cases

THE FINANCIAL ACTION Task Force (FATF), the global terror financing watchdog, has extensively cited India’s Enforcement Directorate (ED) in its publication titled ‘Asset Recovery Guidance Best Practices’ for efficiently tackling money laundering and recovering assets from economic offenders.

1 min  |

November 06, 2025

Financial Express Kochi

InvIT market size pegged to triple to ₹21L cr by 2030

THE ASSETS-SIZE OF India’s Infrastructure Investment Trust (InvITs) could triple to around ₹21 lakh crore by 2030, driven by the heavy government spending and rising institutional investor allocations to alternatives, according to experts.

2 min  |

November 06, 2025

Financial Express Kochi

Logistics firm Porter lays off 350 workers

LOGISTICS UNICORN PORTER has laid off over 350 employees, nearly 18% of its workforce, as part of a restructuring exercise aimed at consolidating operations and sharpening its path to profitability.

1 min  |

November 06, 2025

Financial Express Kochi

The flaw AI can't fix (yet)

INDIAN STARTUPS ARE WORKING TO DEVELOP TOOLS THAT COMBAT AI HALLUCINATION

2 min  |

November 06, 2025

Financial Express Kochi

Large firms see slower Q2 growth

BIGGER FIRMS DON'T seem to have done as well as the rest of the companies this earnings season, going by the numbers that are out so far, reports Kishor Kadam.

1 min  |

November 06, 2025

Financial Express Kochi

Sun Pharma profit rises to ₹3,118 cr

SUN PHARMACEUTICAL INDUSTRIES on Wednesday posted a 2.56% increase in its consolidated net profit to ₹3,118 crore for the second quarter of FY26,aided by robust sales in India and emerging markets.

1 min  |

November 06, 2025

Financial Express Kochi

Transform retail for a Viksit Bharat

A smarter, simpler, & holistic retail policy will enhance self-reliance by enabling enterprise, expanding jobs, and powering the next wave of economic progress

3 min  |

November 06, 2025

Financial Express Kochi

RBI’s change in stance rattles bond market

Cooling CPI and tepid growth fuel rate cut hopes

2 min  |

November 06, 2025