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Financial Express Kochi

Shapoorji Pallonji gets RBI waiver on pvt credit deal

THE SHAPOORJI PALLONJI Group has secured a key regulatory waiver from the Reserve Bank of India (RBI), easing pressure on its landmark $3.4-billion private credit deal and averting an increase in the cost of that borrowing, according to people familiar with the matter.

1 min  |

July 30, 2025

Financial Express Kochi

When Coke & Pepsi fought for supremacy in space

IN SPACE TRAVEL, the firsts are often what matter most: the first woman in orbit and the first man to walk on the moon, or, less famously, the first time astronauts grabbed a wobbling satellite with their hands.

2 min  |

July 30, 2025

Financial Express Kochi

AIFs offer opportunities in under-researched areas that yield higher returns'

Shailesh Agrawal, chief investment officer (CIO), Alternates, at IIFL Oswal Financial Services (MOFSL), is responsible for ₹5,831 crore worth of portfolio management (PMS) and ₹2,999 crore in alternate investments (AIFs), as of June 30, 2025.

3 min  |

July 30, 2025

Financial Express Kochi

Union Pacific to acquire Norfolk in $85-bn deal

TIE-UP UNDERWAY

1 min  |

July 30, 2025

Financial Express Kochi

Lodha unveils hospitality brand

The House of Abhinandan Lodha (HOABL) on Tuesday launched its luxury hospitality brand Miros Hotels & Resorts.

1 min  |

July 30, 2025

Financial Express Kochi

Not an ad, it's a conversation starter

Why this ad stands out: The campaign completely strips away all conventional packaging cues and branding, replacing them with a minimalist design.

1 min  |

July 30, 2025

Financial Express Kochi

Unethical practices by some lenders eroding public trust: RBI DG

RESERVE BANK OF India (RBI) deputy governor Swaminathan J has said intense competitive pressures and a desire to project short-term success are making some banks and non-banking finance companies adopt unethical practices.

1 min  |

July 30, 2025

Financial Express Kochi

Varun Beverages posts 5% rise in Q1 profit

PEPSICO BOTTLER VARUN Beverages reported a higher-than-expected increase in its net profit during April-June quarter even as revenue fell on account of unseasonal rains dampening sales.

1 min  |

July 30, 2025

Financial Express Kochi

Boult co-founder flags industry bias

VARUN GUPTA, Co-FOUNDER and CEO of Boult, has publicly accused leading players in the audio industry of engaging in what he describes as \"monopolistic practices\" and \"anti-competitive behaviour\" aimed at undermining his company's progress.

1 min  |

July 30, 2025

Financial Express Kochi

Rice Exporters Eye Windfall as Bangladesh Floats Tender

Domestic prices of non-basmati varieties rise 10%

1 min  |

July 30, 2025

Financial Express Kochi

Kiran Desai on Booker longlist again

BOOKER PRIZE-WINNING AUTHOR Kiran Desai on Tuesday returned to the coveted literary award longlist with 'The Loneliness of Sonia and Sunn', a novel described by the judges as a \"vast and immersive\" tale about a pair of young Indians in America.

1 min  |

July 30, 2025

Financial Express Kochi

End ad hoc PSF funding: Panel

A PARLIAMENTARY PANEL on Tuesday urged the Department of Consumer Affairs to reduce its reliance on ad hoc funding arrangements for the Price Stabilisation Fund (PSF) and to conduct a thorough assessment of price volatility in agricultural commodities.

1 min  |

July 30, 2025

Financial Express Kochi

AI-led disruption may trigger more layoffs: Nasscom

Inflection Point

1 min  |

July 30, 2025

Financial Express Kochi

L&T profit beats Street, up 30%

ENGINEERING AND CONSTRUCTION major Larsen & Toubro (L&T) posted a 30% jump in net profit at ₹3,617 crore in the first quarter of FY26 compared with ₹2,786 crore in the year-ago period, beating analyst estimates.

2 min  |

July 30, 2025

Financial Express Kochi

Benchmarks snap 3-day losing run

SNAPPING A THREE-DAY losing run, the Sensex rebounded by nearly 447 points on Tuesday after value buying in blue-chip Reliance Industries and financial shares.

1 min  |

July 30, 2025

Financial Express Kochi

Boeing, Saab in talks with BAE on UK jet trainer bid

BOEING'S QUARTERLY LOSS more than halved and was much smaller than analysts expected as the US planemaker ramped up jet deliveries, recovering from a regulatory crisis and a major strike that halted most production last year.

1 min  |

July 30, 2025

Financial Express Kochi

Jewellery majors go light as gold prices remain firm

• Retailers turn to low-carat pieces to win buyers back

2 min  |

July 30, 2025

Financial Express Kochi

Jane Street to Argue Retail Demand Drove India Trades

Jane Street Group is expected to argue that its controversial Indian options trades were a response to outsized demand from retail investors, people familiar with the matter said.

1 min  |

July 30, 2025

Financial Express Kochi

Advertising guidelines for CAs under revision

A self-regulatory body, the Institute of Chartered Accountants of India (ICAI) had a dominant role in regulating accountants and auditors until the National Financial Reporting Authority (NFRA) was established.

2 min  |

July 30, 2025

Financial Express Kochi

RBI Caps AIF Investments by Banks, NBFCs at 10%

THE RESERVE BANK of India (RBI) on Tuesday capped investment by an individual-regulated entity at 10% of an alternative investment fund's (AIF) corpus and collective exposure at 20%.

1 min  |

July 30, 2025

Financial Express Kochi

Eight-fold rise in cybercrime cases against children

THE NUMBER OF cybercrime cases against children has seen a nearly eight-fold jump from 232 in 2018 to 1,823 in 2022, the Lok Sabha was informed on Tuesday.

1 min  |

July 30, 2025

Financial Express Kochi

Asian Paints Q1 profit down 6%

ASIAN PAINTS' FIRST-QUARTER profit and revenue were down amid subdued demand and competitive intensity, but met street estimates.

1 min  |

July 30, 2025

Financial Express Kochi

Backtracking on patents

MASSIVE STORM IS brewing over one sentence on patents contained in the recently concluded India-UK Comprehensive Economic and Trade Agreement (CETA).

4 min  |

July 30, 2025

Financial Express Kochi

No country stopped India from action against terror: PM

Prime Minister Narendra Modi on Tuesday affirmed in the Lok Sabha that no leader of any country asked India to stop Operation Sindoor but lamented that while the nation got support from the entire world, the Congress and its allies could not stand behind the valour of the nation's soldiers.

1 min  |

July 30, 2025

Financial Express Kochi

Bank of India profit rises 32% in Q1 on other income boost

BANK OF INDIA (BOI) reported a 32% year-on-year (y-o-y) rise in net profit to ₹2,252 crore for the first quarter of FY26, driven by other income, especially treasury income.

1 min  |

July 30, 2025

Financial Express Kochi

GAIL Lines Up ₹12,000 Cr Capex as Gas Prices Ease

STATE-OWNED GAIL India expects global natural gas prices to soften going forward, which would support its growth, and has outlined a capital expenditure plan of ₹12,000 crore for FY 2026-27.

2 min  |

July 30, 2025

Financial Express Kochi

NTPC Q1 profit up 11% to ₹6,108 cr

STATE-OWNED POWER utility NTPC on Tuesday reported a 10.9% year-on-year increase in its consolidated net profit for the first quarter of FY26, at ₹6,108.46 crore compared to ₹5,506.07 crore in Q1FY25.

1 min  |

July 30, 2025

Financial Express Kochi

IPO-bound Lenskart to buy Spain's Stellio for ₹406 crore

Portfolio Boost

1 min  |

July 30, 2025

Financial Express Kochi

No final decision on change in IBC

Delay Could Have Been Avoided

2 min  |

July 29, 2025

Financial Express Kochi

LIC turns to Wall Street banks to hedge risks

Plan In Motion

1 min  |

July 29, 2025