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Financial Express Kolkata

Siddaramaiah seeks to meet guv, might make way for Shivakumar

A CHANGE OF guard in the three-year-old Karnataka government seems imminent with Chief Minister Siddaramaiah seeking the Governor's appointment, a day after he was apparently asked by the party high command to make way for his deputy DK Shivakumar’s elevation to the top post, but chose to speak on the matter on Thursday.

1 min  |

May 28, 2026

Financial Express Kolkata

Coal gasification roadshow today

THE GOVERNMENT WILL hold a roadshow on Thursday to promote its newly launched ₹37,500 crore incentive scheme to promote surface coal and lignite gasification projects.

1 min  |

May 28, 2026

Financial Express Kolkata

Cloud beyond cost savings

FOR MUCH OF the last two decades, conversations around cloud have largely centered on infrastructure.

2 min  |

May 28, 2026

Financial Express Kolkata

Swiggy defends rejected board changes

SWIGGY ON WEDNESDAY defended its proposed amendments to its Articles of Association (AoA), saying the changes were intended to support its long-term goal of becoming an Indian Owned and Controlled Company (IOCC) and would not have resulted in concentration of founder control, after shareholders voted down the proposal last week.

1 min  |

May 28, 2026

Financial Express Kolkata

Coal India OFS gets 8x bids

INSTITUTIONAL INVESTORS ON Wednesday lapped up Coal India shares, putting in bids worth about ₹19,000 crore, with the issue getting over-subscribed 8.14 times on the first day.

1 min  |

May 28, 2026

Financial Express Kolkata

Irdai's pay reform may not solve key issues: Insurers

INSURANCE INDUSTRY EXECUTIVES have welcomed the Insurance Regulatory and Development Authority of India’s (Irdai) move to link executive pay to customer outcomes but say the framework falls short of addressing deeper structural issues affecting policyholders.

2 min  |

May 28, 2026

Financial Express Kolkata

Why Trump wants to enlarge the Abraham Accords tent

US President Donald Trump’s demand that Saudi Arabia, Qatar, Pakistan, Turkey, Egypt and Jordan sign the Abraham Accords have left these countries stumped. Banasree Purkayastha looks at what makes West Asian countries reluctant to sign the pact, & whether this could jeopardise the emerging peace deal with Iran

3 min  |

May 28, 2026

Financial Express Kolkata

NHAI identifies 1,692-kilometre highways for monetisation in FY27

THE NATIONAL HIGHWAYS Authority of India (NHAI) has shortlisted 17 highway stretches totalling 1,692 kilometre (km) for monetisation through the toll-operate-transfer (TOT) model and the National Highways Infrastructure Trust (NHIT).

1 min  |

May 28, 2026

Financial Express Kolkata

JPMorgan’s Dimon ‘on the lookout’ for next big deal

JPMORGAN CHASE & Co. Chief Executive Officer Jamie Dimon is on the hunt for his next big deal.

1 min  |

May 28, 2026

Financial Express Kolkata

SC relief to Amazon in Future case

Ruling overturns suspension of deal, ₹202-cr fine by CCI

1 min  |

May 28, 2026

Financial Express Kolkata

ED raids houses of former Kerala CM Vijayan in money laundering probe

THE ENFORCEMENT DIRECTORATE on Wednesday conducted searches at the residences of former Kerala chief minister Pinarayi Vijayan and his family members as part of its money laundering probe linked to the CMRL case involving his daughter, officials said.

1 min  |

May 28, 2026

Financial Express Kolkata

Mphasis launches AI platform Tria

IT SERVICES COMPANY Mphasis on Wednesday launched Mphasis Tria, an enterprise AI platform aimed at helping companies move from AI experimentation to large-scale business decision-making and execution, as the company positions itself for a shift towards outcome-based commercial models.

1 min  |

May 28, 2026

Financial Express Kolkata

L&T arm inks pact with Israel-based EVR Motors

LARSEN & TOUBRO (L&T) on Wednesday said its business unit L&T Electronic Products & Systems (LTEPS), has entered into a strategic partnership with Israeli electric propulsion technology company EVR Motors, to jointly develop, manufacture and deploy next-generation EV traction motors for the Indian market.

1 min  |

May 28, 2026

Financial Express Kolkata

Why exit matters?

INDIA MAY NOW BE READY FOR DIRECT LIQUIDATION PATHWAYS AS THE SYSTEM MATURES

4 min  |

May 28, 2026

Financial Express Kolkata

HDFC Bank falls 2.6% after ‘differential interest’ claim

● Lender denies report that Maha body was offered better deposit rate

1 min  |

May 28, 2026

Financial Express Kolkata

SBI bets on omnichannel banking with AI-led shift

STATE BANK OF India Chairman CS Setty has outlined a technology-led growth strategy for the country’s largest lender with a sharper focus on artificial intelligence (AI), digital infrastructure, customer experience and deposit mobilisation while retaining the bank’s branch-led relationship model.

1 min  |

May 28, 2026

Financial Express Kolkata

When AI becomes the tutor

GOOGLE GEMINI IS REDEFINING HOW STUDENTS PREPARE FOR COMPETITIVE EXAMS

3 min  |

May 28, 2026

Financial Express Kolkata

PhysicsWallah eyes net profit in FY27

EDUCATION TECHNOLOGY PLATFORM PhysicsWallah expects to achieve profit after tax (PAT) profitability in FY27 as higher enrollments, improving operating leverage and growing use of artificial intelligence (AI) tools support margin expansion, co-founder Prateek Maheshwari said.

1 min  |

May 28, 2026

Financial Express Kolkata

Jio gambles on OTT bundles amid tariff pause

RELIANCE JIO’S LAUNCH of a new OTT-focussed top-up plan signals how telecom operators are increasingly looking beyond broad-based tariff increases to drive customer spending, as immediate tariff interventions appear unlikely and operators seek alternative routes to improve average revenue per user (Arpu).

1 min  |

May 28, 2026

Financial Express Kolkata

Consumed by success

INDIA DID NOT MERELY LOSE AN EDTECH GIANT. IT WATCHED ONE OF THE DEFINING MYTHS OF ITS STARTUP ERA UNRAVEL IN REAL TIME

3 min  |

May 28, 2026

Financial Express Kolkata

IT firms deepen AI talent ties

INFORMATION TECHNOLOGY FIRMS are expanding partnerships with universities and skill development programmes as artificial intelligence (AI) changes workplace requirements and pushes companies to build talent with both domain expertise and AI capabilities.

1 min  |

May 28, 2026

Financial Express Kolkata

Economists see Q4 GDP growth at around 7.2%

INDIA’S ECONOMY IS estimated to have grown 7.2% year-on-year in the January-March 2026 quarter (Q4FY26), according to a Financial Express poll of economists.

1 min  |

May 28, 2026

Financial Express Kolkata

NSE-SUFI pact for derivatives of steel, other commodities

THE NATIONAL STOCK Exchange (NSE) has signed a memorandum of understanding with the Steel Users Federation of India (SUFI) to develop steel and other commodity derivatives ecosystem.

1 min  |

May 28, 2026

Financial Express Kolkata

LIC stake sale worth ₹10K cr likely soon

THE GOVERNMENT IS likely to begin formal marketing next month for a planned share sale in Life Insurance Corporation of India (LIC) that could raise as much as ₹10,000 crore ($1 billion), according to people familiar with the matter.

1 min  |

May 28, 2026

Financial Express Kolkata

Centre meets FY26 fiscal deficit target

THE CENTRE HAS met the fiscal deficit target of 4.4% of GDP for FY26 based on the new GDP series, with almost 99% achievement of expenditure target set for the year, sources told FE.

1 min  |

May 28, 2026

Financial Express Kolkata

Govt nudges Tata Group to keep house in order

CLEAR MESSAGE: ISSUES SHOULD BE HANDLED 'PROFESSIONALLY & DISCREETLY'

1 min  |

May 28, 2026

Financial Express Kolkata

Ola Electric's second shot at q-comm, gig mobility

OLA ELECTRIC IS preparing to enter India’s fast-growing quick commerce and gig worker mobility market, marking a renewed push into the segment less than a year after shelving its affordable scooter plans aimed at gig economy workers.

1 min  |

May 28, 2026

Financial Express Kolkata

Govt approves extension of SARTHAK PDS with outlay of ₹25,530 crore

THE GOVERNMENT ON Wednesday approved the continuation of the Scheme for Assistance in Ration Transport and Handling with Automation in PDS (SARTHAK PDS) with a total outlay of ₹25,530 crore.

1 min  |

May 28, 2026

Financial Express Kolkata

Pernod withheld Scotch info to pay lower tariffs, finds probe

INVESTIGATORS HAVE CONCLUDED Pernod Ricard withheld the age and composition of its Scotch whisky imports to hide their true value and pay lower tariffs, sparking a legal fight after the French company was asked to pay $314 million in back taxes, documents show.

2 min  |

May 28, 2026

Financial Express Kolkata

Air India cuts over 20% domestic flights till Aug

AIR INDIA HAS temporarily reduced domestic flight operations by over 20% and international services by more than 25% between June and August, citing sustained pressure from high aviation turbine fuel (ATF) prices and rising operating costs.

1 min  |

May 28, 2026