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Hindujas may opt for equity infusion into IndusInd Bank

Financial Express Lucknow

|

May 23, 2025

THIS COMES AFTER the bank reported its first loss in 19 years, posting a loss of ₹2,236 crore in Q4 FY25, setting aside ₹2,522 crore in contingency provisions to write off derivative trade losses, microfinance loan misreporting, and other discrepancies.

As of March 2025, IIHL and IndusInd Limited hold 12.06% and 3.77% stakes in IndusInd Bank, respectively. Notably, IndusInd has pledged 100% of its shares, while IIHL has pledged 35.5% of its stake. The promoters' unpledged stake in IndusInd Bank was valued at ₹4,534 crore based on Thursday's closing price of ₹785.10 on the BSE. The share price of the privat

FLERE HISTORIER FRA Financial Express Lucknow

Financial Express Lucknow

IPO to set Shiprocket on new growth path: CEO

SHIPROCKET CO-FOUNDER AND CEO Saahil Goel sees the upcoming IPO as a key milestone, reflecting internal discipline, scale and governance, and believes it will set the logistics tech firm on a new growth trajectory with the direct-to-consumer, online and quick commerce space poised to boom.

time to read

1 min

November 24, 2025

Financial Express Lucknow

Which B-schools get you top dollar

THE LATEST NIRF ‘INDIA RANKINGS 2025: MANAGEMENT’ DATA SHOWS THAT THE IIMS OF MUMBAI, BANGALORE, AND AHMEDABAD (MBA) OFFER THE BEST MBA SALARY PACKAGES TO STUDENTS

time to read

3 mins

November 24, 2025

Financial Express Lucknow

Lakshmi Mittal quits UK as tax on rich looms : Report

INDIAN-ORIGIN STEEL magnate Lakshmi N Mittal, until now based in Britain and a regularon the country’s richest billionaires tally, has decided to quit the UK as the Labour Party-led government’s feared tax shakeup for the super-rich nears, according to a UK media report on Sunday.

time to read

1 mins

November 24, 2025

Financial Express Lucknow

India-US deal to keep weighing on rupee: Poll

THE INDIAN RUPEE is expected to remain under pressure until India signs a trade with the US, said economists and treasury heads inan FE poll.

time to read

1 min

November 24, 2025

Financial Express Lucknow

Premium for 'experience' widens in realty projects

“LIKE WATCHES, REAL estate brands and addresses are now commanding higher prices and getting them from buyers,” Mohnot said.

time to read

2 mins

November 24, 2025

Financial Express Lucknow

Use GST savings to top up basic life cover with rider

RIDER PREMIUM IS LESS THAN THE BASE PRICE & MAKES THE COVER COMPREHENSIVE

time to read

2 mins

November 24, 2025

Financial Express Lucknow

FPI activity, macro data to guide mkts

MACROECONOMIC DATA, GLOBAL market trends and trading activity of foreign investors will be the key drivers for dictating market sentiment this week, analysts said.

time to read

1 min

November 24, 2025

Financial Express Lucknow

DOGE ‘does not exist’ with eight mths on charter

Initially, DOGE was lead by Tesla CEO Elon Musk

time to read

2 mins

November 24, 2025

Financial Express Lucknow

Agritech funding plunges over profitability concerns

INDUSTRY EXPERTS EXPECT REVIVAL IN 2026

time to read

2 mins

November 24, 2025

Financial Express Lucknow

Google fixes AI’s text problems

AS CONFIDENT AS Al assistants can sound in chat responses, if you ask them to generate an image containing several text phrases, chances are the resulting imagery will contain some typos or distorted fonts.

time to read

1 min

November 24, 2025

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