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MUFG nears $3.2-bn deal to buy 20% in Shriram Fin
Financial Express Mumbai
|December 16, 2025
MITSUBISHI UFJ FINANCIAL
Group is nearing a deal to buy a minority stake in Shriram Finance, according to people familiar with the matter, the latest foreign bank seeking to build a presence in the country.MUFG may invest more than $3.2 billion to buy a stake of around 20%, the people said, asking not to be identified. Talks are advanced and
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Financial Express Mumbai
McKinsey plans thousands of job cuts as slowdown bites
Consulting industry seeing demand slump as clients turn cost-conscious
3 mins
December 17, 2025
Financial Express Mumbai
Ford retreats from EVs, takes $19.5-bn charge
FORD MOTOR HAS said that it will take a $19.5 billion writedown and is killing several EV models, in the most dramatic example yet of the auto industry's retreat from battery-powered models in response to the Trump administration's policies and weakening EV demand.
1 min
December 17, 2025
Financial Express Mumbai
ATF sales dip 4.1% amid mass IndiGo cancellations
INDIGO'S WIDESPREAD FLIGHT cancellations in early this month resulted in aviation turbine fuel (ATF) sales falling by over 4% in the first fortnight of December, according to preliminary industry data on Tuesday.
1 min
December 17, 2025
Financial Express Mumbai
Close the gap
As the tax-GDP ratio tends to fall again, the taxman should set eyes on areas where profits accrue
2 mins
December 17, 2025
Financial Express Mumbai
Asia's Gen Z is losing out to China's $1-trn surplus
CHINA'S NEW ECONOMIC model is putting the future of Asia's Gen Z at risk.
3 mins
December 17, 2025
Financial Express Mumbai
Bill granting Irdai more power gets LS nod
Proposed law also allows 100% FDI in sector
3 mins
December 17, 2025
Financial Express Mumbai
Delhi steps up pollution measures
VEHICLES WITHOUT A valid Pollution Under Control (PUC) certificate will not be allowed to refuel at petrol pumps in the national capital from December 18, Delhi Environment Minister Manjinder Singh Sirsa said on Tuesday.
1 mins
December 17, 2025
Financial Express Mumbai
Vedanta demerger gets NCLT nod
THE NATIONAL COMPANY Law Tribunal (NCLT) on Tuesday approved the long-pending demerger scheme of mining major Vedanta, clearing the way for the group to split into multiple sector-focused companies spanning aluminium, oil and gas, power, and iron and steel.
1 mins
December 17, 2025
Financial Express Mumbai
Win for carmakers: EU drops ban on combustion engines
THE EUROPEAN UNION is set to propose softening emissions rules for new cars, scrapping an effective ban on combustion engines following months of pressure from the automotive industry.
1 mins
December 17, 2025
Financial Express Mumbai
FCI explores off-budget financing
AFTER A FOUR-YEAR gap, the Food Corporation of India (FCI) is exploring the option of raising about ₹25,000 crore through off-budget resources to bridge a widening gap between budgeted allocations and its sharply higher projected food subsidy expenditure in FY26.
3 mins
December 17, 2025
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