Newspaper
Financial Express Kochi
Samsung to invest additional ₹1,000 cr in Tamil Nadu plant
SOUTH KOREAN ELECTRONICS major Samsung Electronics will invest an additional ₹1,000 crore in its manufacturing facility at Sriperumbudur, near Chennai, Tamil Nadu industries minister TRB Rajaa informed the state assembly.
1 min |
April 26, 2025
Financial Express Kochi
Bizongo under scanner after auditors raise fraud concerns
B2B marketplace and financing platform Bizongo has initiated a fresh investigation into a suspected financial fraud in FY24, following an intimation from its auditors earlier this year, a company spokesperson told FE.
2 min |
April 26, 2025
Financial Express Kochi
RBL Bank profit plunges 81% in Q4 due to spike in bad loans
RBL BANK'S PROFIT declined 81% year-on-year to ₹69 crore in the fourth quarter of the previous financial year, impacted by a rise in provisions due to spike in bad loans.
1 min |
April 26, 2025
Financial Express Kochi
Goyal Warns Against Trade Diversion By Other Countries
INDIA WOULD NOT allow itself to be used for transshipment of exports of countries facing high tariffs in the US as it will dent its image of a trusted trade partner, commerce and industry minister Piyush Goyal said Friday.
1 min |
April 26, 2025
Financial Express Kochi
Pharma tariffs: Firms report exemptions
PHARMACEUTICAL COMPANIES IN China are reporting that they have been able to import some drugs over the past week with tariff exemptions, the Beijing-based American Chamber of Commerce said on Friday.
1 min |
April 26, 2025
Financial Express Kochi
China: Carmakers Rush to Meet Surging Demand for Hybrids
CHINESE AUTOMAKERS AND foreign rivals are launching ever more advanced long-range hybrids to meet rising demand in the world's largest auto market.
1 min |
April 26, 2025
Financial Express Kochi
Deposits at banks lag credit growth
Increase in deposits almost 1% lower in week ending April 4
1 min |
April 26, 2025
Financial Express Kochi
CONCOR signs pact with GAIL for LNG use
GAIL INDIA AND CONCOR have signed a memorandum of understanding (MoU) to explore the adoption of Liquefied Natural Gas (LNG) as an alternative fuel for the logistics sector.
1 min |
April 26, 2025
Financial Express Kochi
Japan not to team up against China?
CHINESE MANUFACTURERS ARE flooding TikTok and other social media apps with direct appeals to American shoppers, urging people to buy luxury items straight from their factories.
2 min |
April 25, 2025
Financial Express Kochi
Trade tensions
Tariffs surging past levels of the 1930s impart a negative shock to global growth
2 min |
April 25, 2025
Financial Express Kochi
Boeing 'should default China'
CHINA DEMANDED THAT the US revoke all unilateral tariffs and denied there were talks on reaching a trade deal, maintaining a defiant stance despite President Donald Trump's recent easing of criticism of the country.
2 min |
April 25, 2025
Financial Express Kochi
The Low-Key High-Flyer
THE BOEING & AIRBUS TEAM, WHO NEGOTIATED THE AIRCRAFT DEAL WITH AIR INDIA, WOULD PROBABLY NOT FORGET AGGARWAL IN A HURRY
3 min |
April 25, 2025
Financial Express Kochi
Persistent Systems Logs 25% Profit at ₹396 Cr in Q4
PERSISTENT SYSTEMS REPORTED a sequential net profit growth of 12.2%, reaching ₹395.76 crore for the March quarter.
1 min |
April 25, 2025
Financial Express Kochi
White-collar hiring at fast clip, up 38% in March
WHITE-COLLAR HIRING IN India continues to be at a fast clip, with March figures being a solid 38% higher on year, with big support from the manufacturing sector (up 78% on year and 12% on month).
1 min |
April 25, 2025
Financial Express Kochi
India's water weapon
A move that could reshape South Asian geopolitics, India's signal to renegotiate or cancel the Indus Waters Treaty (IWT) has raised alarms in Pakistan.
3 min |
April 25, 2025
Financial Express Kochi
Gensol EV shuts shop, lays off remaining staff as crisis brews
Subsidiary of Gensol Engineering to cease operations by April 30
1 min |
April 25, 2025
Financial Express Kochi
LTTS revenue grows 12.4%, profit drops
L&T TECHNOLOGY SERVICES (LTTS) reported a sequential increase in its revenue during the quarter ended March, led by growth in its tech and sustainability segments. However, net profit declined due to the impact of the Intelliswift acquisition completed during the quarter.
1 min |
April 25, 2025
Financial Express Kochi
TechM profit jumps 19% to ₹1,167 cr
TECH MAHINDRA POSTED an 18.7% sequential increase in net profit for the fiscal fourth quarter at ₹1,167 crore, the Mumbai-based tech major announced on Thursday.
1 min |
April 25, 2025
Financial Express Kochi
Nestle profit down 7% to ₹873 crore
NESTLE INDIA ON Thursday reported a 6.5% year-on-year decline in its consolidated net profit to ₹873.46 crore for the January-March quarter, primarily due to elevated commodity costs.
1 min |
April 25, 2025
Financial Express Kochi
India Cuts Purchase of LNG
INDIAN ENERGY IMPORTERS are switching from expensive liquefied natural gas to cheaper oil products, a move that will help ease tight global supplies of the super-chilled fuel.
1 min |
April 25, 2025
Financial Express Kochi
Positive returns by end of year if external risks limited: Nomura
THE RISK PREMIUM for the Indian market is primarily external than internal, believes Nomura's head of India equity research Saion Mukherjee.
2 min |
April 25, 2025
Financial Express Kochi
Russian Strike on Kyiv Kills 12
RUSSIA POUNDED KYIV with an hourslong barrage of missiles and drones Thursday, killing at least 12 people in its deadliest assault on the Ukrainian capital since July and drawing a rare rebuke of Moscow from U.S. President Donald Trump just as peace efforts were coming to a head.
1 min |
April 25, 2025
Financial Express Kochi
At all-party meet, leaders seek decisive action
A DAY AFTER it announced a raft of measures against Pakistan in response to the terror attack in Pahalgam which left 26 civilians dead, the government on Thursday shared its assessment of the emerging situation with leaders of political parties, including key Opposition figures, in an attempt to forge a broad domestic political consensus on the matter.
4 min |
April 25, 2025
Financial Express Kochi
Tax Deductions Not Allowed for Settling Proceedings Under Sebi, 3 Other Laws
Taxpayers will not be allowed to claim a deduction for expenditures incurred to settle proceedings initiated for contravention or defaults under four laws, including the Sebi Act and the Competition Act, the Central Board of Direct Taxes (CBDT) said.
1 min |
April 25, 2025
Financial Express Kochi
ED detains Puneet, raids Gensol premises
THE ED ACTION is based on the Sebi order which claimed that Gensol Engineering obtained loans from PFC and RDEA Ltd for procurement of EVs and EPC (Engineering, Procurement and Construction) contracts.
1 min |
April 25, 2025
Financial Express Kochi
TMB targets 15-18% loan growth in FY26
TAMILNAD MERCANTILE BANK (TMB) is targeting a 15–18% growth in gross advances in FY26, driven by strong traction in the retail, agriculture and MSME (RAM) segments, along with a sharper focus on gold loans.
1 min |
April 25, 2025
Financial Express Kochi
Vision 2047: PM stresses growth and innovation
PRIME MINISTER NARENDRA Modi on Thursday said India's vision for 2047 aims to transform the country into a hub of innovation, sustainable growth and inclusivity where every citizen enjoys a high quality of life while the nation's progress remains both people-centric and planet-friendly.
1 min |
April 25, 2025
Financial Express Kochi
UK's Child Safety Rules to Challenge Age Verification Process on X
NEW RULES FROM the UK's communications regulator will challenge the way Elon Musk's X platform and others handle age verification and pornographic content on their platforms.
2 min |
April 25, 2025
Financial Express Kochi
Closure of Pak airspace will push cost, time for carriers
PAKISTAN'S DECISION TO lose its airspace to Indian carriers, announced on Thursday amid rising tensions between the two countries, is set to increase flight durations and operating costs for Indian airlines.
1 min |
April 25, 2025
Financial Express Kochi
Money Laundering Probe: ED Raids FIITJEE Premises
MULTIPLE TEAMS OF the Enforcement Directorate (ED) conducted raids at the premises of FIITJEE in Delhi-NCR on Thursday, as part of its money laundering investigation against the coaching institute chain — that primarily prepares engineering students for competitive exams — which had recently shut down its centres abruptly, sources in the ED said.
1 min |