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Financial Express Lucknow

Waaree Renewables plans data centres, hybrid units

WAAREE RENEWABLES TECHNOLOGIES, a solar EPC company, aims to enter hybrid renewable energy projects to capitalise on the growing power demand in data centres.

1 min  |

April 23, 2025

Financial Express Lucknow

Eyeing 5% market share goal by 2030

In five years, Renault plans to sell close to 500,000 cars in India, which is more than 12 times the current level. The company sold 38,000 cars in the financial year ending March, 2025. Chief executive officer Venkatram Mamillapalle spoke to Narayanan V about the company's aggressive growth strategy and the new Design Centre in Chennai, the French auto major's largest outside France. Excerpts:

3 min  |

April 23, 2025

Financial Express Lucknow

Google Paid Samsung 'Enormous Sums' to Preinstall Gemini AI App

Electronics an \"enormous sum of money\" every month to pre-install Google generative AI app, Gemini, on its phones and devices, according to court testimony, even though the company's practice of paying for installations has twice been found to violate the law.

1 min  |

April 23, 2025

Financial Express Lucknow

ULI facilitated over 1.4 mn loans worth ₹65K cr, says RBI

THE UNIFIED LENDING Interface (ULI) has facilitated the disbursal of over 1.4 million loans amounting to ₹65,000 crore till April this year, RBI's deputy governor T Rabi Sankar said on Tuesday.

1 min  |

April 23, 2025

Financial Express Lucknow

HCLTech profit tumbles 6.2% to ₹4,307 cr in Q4

WITH HCLTECH MISSING Street estimates on both revenue and net profit front during the January-March quarter, the country's top four IT services firms showed subdued growth, primarily due to seasonal weakness, reduced discretionary spending, and global economic uncertainties, including US macroeconomic challenges and new tariffs.

2 min  |

April 23, 2025

Financial Express Lucknow

LCR guidelines to boost banks' credit growth by up to 1.6%

THE RESERVE BANK of India's (RBI) final guidelines on the Liquidity Coverage Ratio (LCR) framework are expected to boost credit growth for banks by 1-1.6%, according to brokerages.

1 min  |

April 23, 2025

Financial Express Lucknow

State-run firms seek nod to issue deep-discount, long-tenor debt

AT LEAST SIX state-run companies have sought government approval to issue deep-discount bonds, opting for a rarely used corporate bond structure to raise relatively cheaper funds, four sources said on Tuesday.

1 min  |

April 23, 2025

Financial Express Lucknow

Vance warns of 'dark times'

INDIA HOPES TO conclude a part of the deal within the 90-day pause on reciprocal tariffs by the US.

2 min  |

April 23, 2025

Financial Express Lucknow

Ad was an invitation to laugh at ourselves

The \"Destroy Valentine's Day\" campaign by Cadbury 5 Star is a phenomenal example of how humour and cultural insight can make a brand's messaging extraordinary.

1 min  |

April 23, 2025

Financial Express Lucknow

Fuelled by Maruti power, India leaps onto Toyota's top five

INDIA LEAPFROGGED SEVERAL spots last year to become Toyota's fourth-largest market — its highest ranking since the Japanese brand entered the country in 1997.

1 min  |

April 23, 2025

Financial Express Lucknow

PFC Says Exploring All Options to Recover ₹307-Crore Gensol Dues

STATE-OWNED POWER FINANCE Corporation on Tuesday said it is actively pursuing further action and \"exploring all possible options\" on pending dues of ₹307 crore from Gensol Engineering, which came under market regulator SEBI's lens for fund diversions and governance lapses.

1 min  |

April 23, 2025

Financial Express Lucknow

As US recession looms, banks brace for worse

IF THE US slides into recession, banks will be ready — at least according to commentary on their earnings calls last week.

3 min  |

April 23, 2025

Financial Express Lucknow

Demand for freshers surges in H1'25

AI-JOBS TAKE CENTRE STAGE

1 min  |

April 23, 2025

Financial Express Lucknow

Adani Sells Entire 5G Spectrum to Airtel

HOWEVER, DESPITE HOLDING a unified telecom licence, Adani Data Networks did not roll out any services, thus attracting penalty for not meeting the minimum rollout obligations.

1 min  |

April 23, 2025

Financial Express Lucknow

China Faces Deflationary Pressures From Tariffs

CHINA IS FACING stronger deflationary pressures as a result of tariff impacts, but fiscal support is helping to offset the substantial 1.3 percentage-point growth drag that the duties are causing, International Monetary Fund chief economist Pierre-Olivier Gourinchas said on Tuesday.

1 min  |

April 23, 2025

Financial Express Lucknow

'New non-GM hybrid rice to be game changer'

Ecological and economic implications of transplanted rice production system in India remain an area of concern, says Malu Nachreiner, Asia Head at Bayer's crop science division.

1 min  |

April 22, 2025

Financial Express Lucknow

HDFC Bank, Yes, ICICI Push Bank Nifty to All-Time High

Result Boost

2 min  |

April 22, 2025

Financial Express Lucknow

Gensol case: MCA to take action after examining Sebi order

Probe Underway

1 min  |

April 22, 2025

Financial Express Lucknow

Rupee could break out any moment

IN JANUARY, ABOUT a week before Donald Trump took charge as President, the rupee started tumbling dramatically, falling through 86 to the dollar. I had written a piece (tinyurl.com/4ckr27dp), where I said: \"My guess is we will, but...\"

3 min  |

April 22, 2025

Financial Express Lucknow

Economy may slow if key rates not cut: Trump

President Donald Trump warned the US economy may slow if the Federal Reserve does not move to immediately reduce interest rates, in his latest broadside against Fed Chair Jerome Powell.

1 min  |

April 22, 2025

Financial Express Lucknow

Velusamy to Head M&M Auto Biz

R Velusamy will assume the role of president of the automotive business (AB) at auto major Mahindra & Mahindra following a significant rejig in senior leadership positions across its various business verticals announced on Monday.

1 min  |

April 22, 2025

Financial Express Lucknow

Pope Francis, promoter of a compassionate church, dies

POPE FRANCIS, WHO encouraged Catholics to embrace a more compassionate view on many issues but found it difficult to close the book on past abuses by clergy, has died. He was 88.

2 min  |

April 22, 2025

Financial Express Lucknow

Adani pledges to invest $10 bn more for data centres in India

GAUTAM ADANI PLANS to invest an additional $10 billion to build data centres in India, people familiar with the matter said, as the billionaire looks to ride the boom in demand for artificial intelligence and business process-led services.

1 min  |

April 22, 2025

Financial Express Lucknow

Google Faces Trial in US Bid to End Search Monopoly

ALPHABET'S GOOGLE FACES a historic trial on Monday as US antitrust enforcers in Washington seek to force the tech giant to sell off its Chrome browser as part of a bid to restore competition to the market for online search engines.

1 min  |

April 22, 2025

Financial Express Lucknow

MFs cautious on raising bets on REITs & InvITs

Fund managers seek better returns before committing more investments

2 min  |

April 22, 2025

Financial Express Lucknow

Delhi Rolls Out Heat Action Plan 2025

IN RESPONSE TO rising temperatures and early heat-wave warnings, the Delhi government on Monday launched the Heat Action Plan (HAP) 2025, outlining comprehensive measures to safeguard public health.

1 min  |

April 22, 2025

Financial Express Lucknow

BCCI central contracts list: Rohit and Virat still A+; Shreyas, Kishan make comeback

THE BCCI on Monday retained megastars Rohit Sharma and Virat Kohli in the top bracket of its annual players contract list, less than 24 hours after they played sublime knocks to win IPL games for their respective franchises.

1 min  |

April 22, 2025

Financial Express Lucknow

Tata Power Renewable Ties Up With Tata Motors For Wind Solar Project

TATA MOTORS on Monday said it has inked a power purchase agreement with Tata Power Renewable Energy to co-develop a 131 MW wind-solar hybrid renewable energy project.

1 min  |

April 22, 2025

Financial Express Lucknow

Huawei readies new AI chip for mass shipment

HUAWEI TECHNOLOGIES PLANS to begin mass shipments of its advanced 910C artificial intelligence chip to Chinese customers as early as next month, two people familiar with the matter said.

1 min  |

April 22, 2025

Financial Express Lucknow

Rupee jumps 23 paise to settle at 85.15

EXTENDING THE WINNING run to the fifth straight session, the rupee rose by 23 paise to settle at 85.15 against the US dollar on Monday, boosted by a sharp fall in the greenback in overseas markets and a rally in domestic stocks.

1 min  |

April 22, 2025