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A Bigger Bite of Apple

Financial Express Chennai

|

May 02, 2025

The scaling-up of US tech giant's plans in India is good news but it does have challenges

Apple's efforts to navigate through the disruption of US President Donald Trump's trade war with China augurs well for the scaling up of its iPhone production in India. The $3-trillion US tech giant has been deepening its local presence over the last four years. Now it plans to shift the assembly of all US-sold iPhones as soon as next year to India, according to the

FLERE HISTORIER FRA Financial Express Chennai

Financial Express Chennai

Force Motors posts 51% rise in FY26 net profit

FORCE MOTORS REPORTED a 13% year-on-year increase in standalone revenue to 9,167 crore in FY26, while profit before tax rose 55% to ₹1,304 crore and net profit grew 51% to ₹1,211 crore, marking its strongest full-year performance to date.

time to read

1 min

April 30, 2026

Financial Express Chennai

‘NCDEX sets sights on equities, MFs and global exchange’

With a deep rural distribution network and nearly ₹800 crore of fresh capital, the newest stock exchange, NCDEX, is gearing up to enter equities, mutual funds and niche non-agri products, while strengthening its core commodities franchise.

time to read

3 mins

April 30, 2026

Financial Express Chennai

Federal Bank profit rises 22%

FEDERAL BANK ON Wednesday reported a 22.2% rise in its net profit to 1,259 crore for the quarter ended March, driven by rising net interest income and an improvement in the asset quality.

time to read

1 min

April 30, 2026

Financial Express Chennai

Aviation losses to persist, says Icra

INDIA'S AVIATION INDUSTRY is set to remain in the red in FY27, with both operational and net losses expected to stay elevated despite a modest recovery in passenger traffic, an Icra report said.

time to read

1 min

April 30, 2026

Financial Express Chennai

Supply shock may hit FY27 growth: FinMin

A SUPPLY SHOCK accompanied by demand compression amid high prices and slowing activity may weigh on India's FY27 economic growth, Finance Ministry economists said on Wednesday, underlining the severe impact of the West Asia conflict.

time to read

2 mins

April 30, 2026

Financial Express Chennai

Adani Power profit soars 52%

ADANI POWER REPORTED a 52% year-on-year jump in profit to 4,017 crore during the quarter ended March 31, surpassing analyst estimates of ₹3,063 crore.

time to read

1 min

April 30, 2026

Financial Express Chennai

Govt working on Jan Vishwas 3.0: Goyal

• New Bill to focus on reducing compliances

time to read

1 mins

April 30, 2026

Financial Express Chennai

Iran’s rial hits record low amid shaky ceasefire

IRAN'S NATIONAL RIAL currency hit a record low Wednesday of 1.8 million to $1 as a shaky ceasefire with the US and Israel still holds.

time to read

1 min

April 30, 2026

Financial Express Chennai

BJP has edge in Bengal, Assam; UDF in Kerala; Stalin return projected

MOST EXIT POLLS on Wednesday predicted a tight contest in West Bengal with the BJP having an edge, and the party's return to power in Assam.

time to read

2 mins

April 30, 2026

Financial Express Chennai

What UAE's exit from Opec means for India's fuel equation

The UAE's decision to leave Opec and Opec+ from May 1 could change how crude is priced, supplied and negotiated, especially for import-dependent economies like India. But the impact will not be simple: cheaper oil is possible later, while short-term volatility remains a real risk, explains Saurav Anand

time to read

1 mins

April 30, 2026

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