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Financial Express Pune

Centre defends Celebi move, cites 'unprecedented' threat

THE CENTRE ON Thursday defended its decision to revoke the security clearance to Turkey-based aviation ground handling company Celebi without warning, given the \"unprecedented\" threat to aviation security.

1 min  |

May 23, 2025

Financial Express Pune

Adani Ports to raise up to ₹6,000 crore

ADANI PORTS AND Special Economic Zone (APSEZ) on Thursday said its board has approved a proposal to raise up to ₹6,000 crore by issuing debentures on a private placement basis for capex and refinancing of existing debt.

1 min  |

May 23, 2025

Financial Express Pune

UK FTA: Indian Firms to Face No Discrimination

THE UK, for the first time, has agreed to accord non-discriminatory treatment to Indian companies in its public procurement system under the free trade agreement (FTA) between the two countries, an official said.

1 min  |

May 23, 2025

Financial Express Pune

Radisson Accelerates Growth With 5 New Hotels

RADISSON HOTEL GROUP on Thursday said it had opened five new hotels in the first half of 2025 in Jamshedpur, Bengaluru, Shimla, Hoshiarpur in Punjab, and Prayagraj in Uttar Pradesh.

1 min  |

May 23, 2025

Financial Express Pune

Honda Aims to Ride Past Hero, to Invest ₹920 Cr in Capacity Expansion

AIMING FOR THE top spot in the domestic two-wheeler market, Honda Motorcycle & Scooter India (HMSI) will invest ₹920 crore to add a fourth production line at its Vithalapur plant in Gujarat, the company said on Thursday.

1 min  |

May 23, 2025

Financial Express Pune

Rupee dives 36 paise to close at 85.95

THE RUPEE DEPRECIATED 36 paise to close at 85.95 against the US dollar on Thursday because of demand for the greenback from importers and foreign banks as well as surge in crude oil prices.

1 min  |

May 23, 2025

Financial Express Pune

Honasa Consumer Q4 profit falls 18%

MAMAEARTH PARENT HONASA Consumer on Thursday reported an 18% fall in its net profit for the fourth quarter of FY25 to ₹25 crore, but beat the street estimates of ₹17.3 crore, amid strong growth in core categories.

1 min  |

May 23, 2025

Financial Express Pune

Naveen Tahilyani second Tata Digital CEO to step down

Joins Prudential as regional CEO

2 min  |

May 23, 2025

Financial Express Pune

MSME delinquencies fall to five-year low

THE MSME SECTOR reported a 13% year-on-year growth in its commercial credit portfolio, reaching ₹35 lakh crore as of March 31, 2025, according to the TransUnion CIBIL and SIDBI's MSME Pulse Report.

1 min  |

May 23, 2025

Financial Express Pune

Bajaj plans ₹7,765-cr deal for KTM takeover

KTM AND ITS subsidiaries, KTM Components GmbH and KTM F&E GmbH, initiated a self-administrative restructuring process in November 2024, following escalating debt issues and operational challenges.

1 min  |

May 23, 2025

Financial Express Pune

ITC Q4 profit soars nearly fourfold on one-time gain

DIVERSIFIED CONGLOMERATE, ITC on Thursday reported a sharp surge in net profit for the January-March quarter, driven by a one-time exceptional gain linked to the demerger of its hotels business.

1 min  |

May 23, 2025

Financial Express Pune

Banu Mushtaq, chronicler of women's plight, wins International Booker

Muslim writing in Kannada says a victory of diversity

2 min  |

May 22, 2025

Financial Express Pune

'We have withstood headwinds to expand logistics biz, exports a key focus'

State-owned Balmer Lawrie, with a diversified presence across manufacturing and services including steel barrels, industrial greases and lubricants, corporate travel, and logistics, is aiming to drive growth by expanding its product portfolio and export footprints.

3 min  |

May 22, 2025

Financial Express Pune

Maoist chief among 27 killed in Bastar encounter

TWENTY-SEVEN MEMBERS of the banned Communist Party of India (Maoist), including its general secretary Nambala Keshava Rao alias Basavaraju (70), were killed in an encounter with security forces in Abujhmad area of Chhattisgarh's Narayanpur district on Wednesday morning.

3 min  |

May 22, 2025

Financial Express Pune

Central Rice Stocks at 4X Buffer

The government's central pool rice stocks continue to surge despite record offloading of grain through open market sale, allocation to states, for ethanol manufacturing and Bharat rice initiative in FY25.

1 min  |

May 22, 2025

Financial Express Pune

India expels Pakistan high commission staffer; second case in a week

INDIA ON WEDNESDAY expelled a Pakistani official working at the Pakistan high commission on charges of involvement in espionage, in the second such expulsion in a week, people familiar with the matter said.

1 min  |

May 22, 2025

Financial Express Pune

After 6 years, Mansarovar Yatra on track, 750 pilgrims are selected

The move comes in the backdrop of India naming China as one of the suppliers of weapons and defense equipment used by Pakistan in the recent military conflict

1 min  |

May 22, 2025

Financial Express Pune

Wavemaker, ABP bag top honours

WHEN PRASANTH KUMAR, CEO of GroupM South Asia, & President of the Advertising Agencies Association of India, said \"Ignite is a Mandate\" while kicking off Goafest 2025, it was a stark reminder that advertising agencies needed to reimagine their business model and artistry or get upended by AI.

1 min  |

May 22, 2025

Financial Express Pune

Synology unveils storage, surveillance solutions

TAIWAN-BASED DATA STORAGE firm Synology unveiled a new line-up of products across enterprise solutions and video surveillance at the Computex 2025 here on Wednesday.

1 min  |

May 22, 2025

Financial Express Pune

House Republicans Try To Unify Around Trump Tax Cut Bill

Republicans in the US House of Representatives on Wednesday were trying to close in on a deal to pass President Donald Trump's tax cut and spending bill, with overnight talks focused on spending cuts and breaks for people in high-tax states.

1 min  |

May 22, 2025

Financial Express Pune

Cognizant Opens Techfin Centre at GIFT City

COGNIZANT OPENED A techfin centre at the Gujarat International Finance Tec-City (GIFT City) on Wednesday, expanding its presence in Tier 2 cities.

1 min  |

May 22, 2025

Financial Express Pune

Domestic demand underpins India growth: Moody's

Country better positioned to deal with extra US levies

2 min  |

May 22, 2025

Financial Express Pune

Oil Demand May Grow 4% Annually Over a Decade: S&P

INDIA'S DOMESTIC DEMAND for oil is expected to increase at a CAGR (compound annual growth rate) of 4% over the next decade, S&P Global Commodity Insights, a division of S&P Global, said on Wednesday.

1 min  |

May 22, 2025

Financial Express Pune

Keep banks out of politics

Maharashtra govt's threat to file FIRs against banks for asking credit scores from farmers is uncalled for

2 min  |

May 22, 2025

Financial Express Pune

FPIs Lap Up Financials, Capital Goods in May

Between May 1 and 15, inflows into Indian equities stood at ₹18,446.39 crore

1 min  |

May 22, 2025

Financial Express Pune

Banks to gain from draft gold-loan norms

THE RESERVE BANK of India's draft guidelines to set up a harmonised regulatory framework for gold loans will help banks gain a larger share of the market at the cost of non-banking finance companies (NBFCs) due to competitive pricing, said B Ramesh Babu, managing director and CEO of Karur Vysya Bank (KVB).

1 min  |

May 22, 2025

Financial Express Pune

Nvidia CEO praises Trump for scrapping AI export curbs

US EXPORT CONTROLS on artificial intelligence chips to China were \"a failure\" as they have cost American companies billions of dollars in lost sales, Nvidia chief executive Jensen Huang said on Wednesday.

2 min  |

May 22, 2025

Financial Express Pune

ED: PMLA case against Sonia, Rahul; Cong not accused yet

The Enforcement Directorate (ED) told a Delhi court on Wednesday that while the Congress party was not yet an accused in the National Herald case, a prima facie case of money laundering was made out against party leaders Sonia Gandhi and Rahul Gandhi.

2 min  |

May 22, 2025

Financial Express Pune

Aegis Vopak IPO band at ₹223-235

AEGIS VOPAK TERMINALS, the joint venture of India's Aegis Logistics and Netherland-based Royal Vopak, has set a price band of ₹223-235 for its initial public offering, comprising a fresh issue of ₹2,800 crore.

1 min  |

May 22, 2025

Financial Express Pune

The Ashok Monetisation To Kick Off Soon

THE MONETISATION PROCESS for India Tourism Development Corporation's (ITDC) prized property \"The Ashok\" in Delhi, with land parcels, will likely commence soon.

1 min  |

May 22, 2025
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