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Financial Express Lucknow

Adani Evaluating Bids for Airport Ground Services After Celebi Exit

THE ADANI GROUP is considering bidding for ground handling services at two airports, as it looks to diversify into a new line of business after India shut out Turkish operator Celebi.

1 min  |

June 04, 2025

Financial Express Lucknow

Staff protest: ONGC says losing money in Assam

ONGC on Tuesday said it is losing money in Assam because of low production and high employee headcount, as it countered allegations of protesting employees over stoppage of contentious overtime payment.

1 min  |

June 04, 2025

Financial Express Lucknow

Duty-free imports of yellow peas may weaken local prices

TRADERS AND PROCESSORS fear that the government's decision to allow duty-free import of yellow peas — a cheaper substitute for chana — until the end of FY26 will depress domestic prices and force farmers to switch to more remunerative crops.

1 min  |

June 04, 2025

Financial Express Lucknow

Netherlands Still Largest Destination for India's Petrol Product Exports

The Netherlands, which became India's largest destination for export of petroleum products in FY23, has consolidated that position since, reports Saikat Neogi.

1 min  |

June 04, 2025

Financial Express Lucknow

AC firms taking steps to check stock pile-up

UNSEASONAL RAINS HAVE dampened the country's early summer demand for air conditioners this year and companies are now taking measures to adjust their production to avoid inventory pile-up.

1 min  |

June 04, 2025

Financial Express Lucknow

IRCTC to foray into payment aggregation, RBI nod likely soon

INDIAN RAILWAYS' TICKETING and hospitality arm IRCTC is likely to receive in-principle approval from the Reserve Bank of India (RBI) in two to three months to provide payment aggregation services.

1 min  |

June 04, 2025

Financial Express Lucknow

Indices decline for third session amid broad-based selloff

Financials and IT stocks dragged Indian shares down on Tuesday on worries of foreign outflows amid strong US Treasury yields and trade uncertainty, while Adani Group shares slipped after a Wall Street Journal report on a US probe into Iranian LPG imports.

1 min  |

June 04, 2025

Financial Express Lucknow

8 Startups to Reverse Flip in '25: Bay Capital

AFTER THE 'GHAR waapsi' of Tiger Global-backed Dream11 from Delaware in March, at least eight more reverse flippings are awaited this year, said Bay Capital in a white paper on India startups, published on Tuesday.

1 min  |

June 04, 2025

Financial Express Lucknow

Global turmoil not to affect asset quality of banks: Moody's

Despite global uncertainties and trade tensions, asset quality of Indian banks is expected to remain steady as domestic economic conditions remain supportive for growth, global rating agency Moody's said in a report on Tuesday.

1 min  |

June 04, 2025

Financial Express Lucknow

Automakers in EV policy to face penalty for revenue target miss

AUTOMAKERS PARTICIPATING IN the electric vehicle (EV) manufacturing policy will need to meet prescribed revenue targets or face financial penalties, according to detailed guidelines released under the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI).

1 min  |

June 04, 2025

Financial Express Lucknow

Musk taps investors for billions days after Washington exit

ELON MUSK IS selling $5 billion in debt for his artificial intelligence startup, xAI Corp., the latest in a series of fundraising efforts across his business empire as the billionaire pivots away from politics and returns to running his various companies.

1 min  |

June 04, 2025

Financial Express Lucknow

Australia is the future of gas, and always will be

YOU CAN BUILD a lot in 75 years. The Great Pyramid took about 25 years to be finished. The Byzantine cathedral of Hagia Sofia, roughly five. The Apollo Space Programme put a man on the moon in less than a decade.

3 min  |

June 04, 2025

Financial Express Lucknow

Havas targets Madison

SOURCES IN THE know say that the Havas Group may look at a few options including picking up a minority stake of around 35-40% in Madison before gradually increasing its stake in two to three years.

1 min  |

June 04, 2025

Financial Express Lucknow

India Raises US Tariffs on Auto

THE TARIFF COULD disrupt supply chains and dent revenues of auto parts manufacturers.

1 min  |

June 04, 2025

Financial Express Lucknow

When 'Indian' Wins a Michelin Star

A Great Time to Build Our Own Fine Dining

2 min  |

June 04, 2025

Financial Express Lucknow

‘Solar power of 3,000 MW capacity by FY28 top priority’

May end was at 104 MT, while the domestic coal-based power plants are stocked with nearly 56 MT.

3 min  |

June 04, 2025

Financial Express Lucknow

Take enforcement actions to logical end, FM tells DRI

She also asked revenue intelligence officials to tackle the rising menace of drug peddlers targeting students

1 min  |

June 04, 2025

Financial Express Lucknow

A masterclass in purpose-driven marketing

Why the campaign rocks:

1 min  |

June 04, 2025

Financial Express Lucknow

India, France should set up working groups: Goyal

Commerce and Industry minister Piyush Goyal on Tuesday

1 min  |

June 04, 2025

Financial Express Lucknow

Strong signal: Fixed wireless connects over 14% of homes

5G FWA outpaces fixed wireline in net additions

2 min  |

June 04, 2025

Financial Express Lucknow

Dixon Seeks Tie-Up With China's HKC

NOIDA-BASED Dixon Technologies is seeking an alliance with Chinese company HKC for its display module manufacturing unit that will cater to smartphones, laptops and televisions, company's chairman Sunil Vachani said in Paris on Tuesday.

1 min  |

June 04, 2025

Financial Express Lucknow

Investment in ITC a strategic one: BAT

BRITISH AMERICAN TOBACCO (BAT) views its investment in ITC as a strategic one, chief executive Tadeu Marroca said in an investor call on Tuesday, days after paring its 25.4% stake in the company.

2 min  |

June 04, 2025

Financial Express Lucknow

Toyota to Take Key Supplier Private in $33 Billion Deal

TOYOTA MOTOR WILL take forklift-maker Toyota Industries private in a $33 billion deal, the companies said on Tuesday, a landmark unwinding of cross-shareholding that is likely to strengthen the influence of the group's founding Toyoda family.

1 min  |

June 04, 2025

Financial Express Lucknow

Wall Street mixed after Trump's steel tariff threat

WALL STREET'S MAIN indices were mixed on Monday after President Donald Trump said he plans to double tariffs on imported steel and aluminum, fueling more uncertainty around US trade policies.

1 min  |

June 03, 2025

Financial Express Lucknow

Irrigation and cropping must be in sync

Irrigation investments yield the best outcomes when paired with timely access to quality seeds, fertilisers, credit, and extension advice

3 min  |

June 03, 2025

Financial Express Lucknow

Adani Under Scrutiny...

BY POLICY, THE Adani Group does not handle any cargo from Iran at any of its ports.

1 min  |

June 03, 2025

Financial Express Lucknow

MakeMyTrip Launches Seat Availability Forecast Feature

MAKEMYTRIP on Monday launched Seat Availability Forecast, providing a predictive view of when seats on a selected train are likely to sell out.

1 min  |

June 03, 2025

Financial Express Lucknow

Index-linked bonds witness record foreign selling in May

FOREIGN INVESTORS SOLD government bonds included in global indexes for a second straight month in May, driven by profit-taking and currency volatility rather than a change in sentiment towards the country, several investors said.

1 min  |

June 03, 2025

Financial Express Lucknow

Vi to restart fundraise talks

THESE INCLUDE DEFERRED payment obligation towards spectrum payable over the years till FY44 and AGR (including interest accrued but not due) payable over the years till FY31.

1 min  |

June 03, 2025

Financial Express Lucknow

Bristol, BioNTech Ink $11.1-Billion Cancer Deal

BRISTOL-MYERS SQUIBB will pay BioNTech SE as much as $11.1 billion to license a next-generation cancer drug, as competition intensifies in an area of oncology that seeks to harness the immune system to attack tumors.

1 min  |

June 03, 2025