Financial Express Lucknow - March 04, 2025
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March 04, 2025
Tata Capital seeks ₹11-bn IPO valuation
THE TATA GROUP is seeking a valuation of as much as $11 billion for its financial services unit in what could be India's biggest initial public offering (IPO) this year, according to people familiar with the development.
1 min
India's GDP to Grow at 6.5% in FY26: Crisil
INDIA'S ECONOMIC GROWTH is likely to be steady at 6.5% in FY26, with expectations of a normal monsoon, softer commodity prices, and recovery in private consumption, Crisil said in a report on Monday.
1 min
Bihar govt presents ₹3.17-lakh-cr budget
WITH BIHAR ELECTIONS scheduled later this year, the Nitish Kumar government on Monday presented a comprehensive budget of ₹3.17 lakh-crore, unveiling key initiatives focused on women's empowerment, farmer support, infrastructure development and prioritising student welfare.
1 min
Manufacturing activity falls to 14-month low in Feb
THE COUNTRY'S MANUFACTURING activity fell to a 14-month low in February, primarily due to output growth moderating to the weakest level since December 2023.
2 mins
Annual power demand growth likely to be 6.3% till 2027: IEA
INDIA'S ELECTRICITY DEMAND is expected to grow at an average 6.3% annually over the next three years, stronger than the 2015-2024 average growth rate of 5%, as per the forecast by the International Energy Agency (IEA).
1 min
FDI Down 6% in Q3 at $10.8 Billion
Need to boost investor sentiment, say analysts
1 min
Millers seek cut in import duty on wheat to curb price volatility
Ensuring Farmers Get The Right Price
2 mins
Social media: SC cautions against censorship
The Supreme Court on Monday directed the Centre to formulate a mechanism to regulate social media content, but cautioned against censorship.
1 min
India Mobile Congress to be held from Oct 8-11
THE NINTH EDITION of the India Mobile Congress (IMC), Asia's largest digital technology forum, is set to take place in New Delhi from October 8-11, communications minister Jyotiraditya Scindia has said.
1 min
Gold's Relevance Set to Rise: CEA
GOLD WILL REMAIN relevant for investors as a portfolio diversification mechanism with a \"likely ascending importance\" as an asset class in the coming years, chief economic adviser (CEA) V Anantha Nageswaran said on Monday.
1 min
EV loans: Banks seek priority sector tag
TO BOOST ELECTRIC vehicle (EV) financing, banks have suggested that the government nudge the Reserve Bank of India (RBI) to grant the priority sector tag to retail EV loans and reduce the risk weightage on such loans, sources said.
1 min
Uber piloting 'For Teens' in 3 cities
RIDE-HAILING PLATFORM Uber is piloting its \"Uber for Teens\" service in Delhi, Mumbai and Bengaluru, FE has learnt.
1 min
Fronx packs a Punch, emerges as largest selling car in Feb
THE FRONX is the new Punch – this compact SUV by Maruti Suzuki has emerged as the largest selling car of February, having sold 21,461 units, and was the only car to have crossed the 20,000-mark.
1 min
ServiceNow set to unveil AI workflow suite
SOFTWARE-AS-A-SERVICE company ServiceNow is set to launch a suite of AI-powered products this month, aimed at enhancing workflow automation and efficiency across enterprises.
1 min
RIL unit risks being fined up to ₹125 cr
TO CUT ON IMPORTS
1 min
Airtel to Trai: Regulate OTTs to control spam
New framework for OTT to help improve accountability
2 mins
Big infra push to upgrade Uttarakhand's road network
The central government will invest Rs 2 lakh crore in road infrastructure in Uttarakhand, with the aim of soon making the roads here world class.
1 min
Airports to get international status
CM Dhami also unveiled plans for a new township near Dehradun
1 min
Amazon's Cloud Biz to Invest $8.2 Billion in Maharashtra
AMAZON'S CLOUD SERVICES provider, Amazon Web Services, will invest about $8.2 billion in India's western state of Maharashtra over the next few years, the information technology ministry said on Monday.
1 min
Jindal Power to Acquire Bhadreshwar Vidyut for ₹500 Crore
JINDAL POWER LIMITED is set to acquire Bhadreshwar Vidyut for nearly ₹500 crore as the lenders of the Gujarat-based thermal power producer have approved its bid.
1 min
Omnivore backs agri hardware startups
AGRITECH VENTURE CAPITAL firm Omnivore is set to ramp up its investments in FY26, targeting startups that develop specialized hardware solutions for key agricultural challenges.
1 min
Oberoi Group Announces Two Resorts in Rishikesh
THE OBEROI GROUP on Monday announced two new resorts in Rishikesh — an 80-key luxury resort with 'vilas' branding, and a 120-key five-star hotel with Trident branding.
1 min
Adani Green Energy raises $1.06 bn for debt refinance
ADANI GREEN ENERGY (AGEL) on Monday said it has refinanced its maiden construction facility, with outstanding of $1.06 billion taken in 2021, to develop a solar-wind hybrid renewable cluster in Rajasthan.
1 min
Foxconn's industrial PC unit commences India operations
ENNOCONN CORP, a Taiwan-based industrial IoT and hardware manufacturer and a Foxconn subsidiary, has started its India operations, focusing on the country's industrial automation and digital transformation market.
1 min
Paytm rebounds after falling 4%
SHARES OF PAYTM parent One97 Communications (OCL) on Monday pared early losses to settle nearly 2% higher on the stock exchanges.
1 min
RBI DG: Having empathy for distressed small biz important
Reserve Bank of India deputy governor Swaminathan J on Monday said that showing empathy towards distressed borrowers from small businesses is important for lenders.
1 min
HC Halts Action Against Buch, to Hear Case Today
The Bombay High Court on Monday asked the Maharashtra anti-corruption bureau (ACB) not to act until Tuesday on a lower court order directing it to lodge an FIR against former Sebi chairperson Madhabi Puri Buch and five other officials for alleged stock market fraud and regulatory violations.
1 min
Banks shed bulk deposits for healthy net interest margins
BANKS ARE SHEDDING costly bulk deposits to protect their net interest margins (NIMs) ahead of expected interest rate cuts.
2 mins
Banks trim G-Sec holdings on tight liquidity
Bonds Lose Shine
1 min
Registration of new investors falls 13% on month in Jan
THE RISING UNCERTAINTY in the market curtailed new investor registrations in January, as they fell 13% month-on-month to 1.65 million, from 1.89 million in December 2024, the latest Market Pulse report of the NSE has revealed.
1 min
RBI's record forward dollar position undermines forex reserves comfort
Future Tense
1 min
MF access made easy
There is no reason why smaller investors should not get a shot at long-term wealth creation
2 mins
BSE@150: India's economic heritage
The post-Independence history of Indian stock markets needs more reflection. One hopes that with the launch of Sebi's Dharohar, more research follows
3 mins
Crompton's strong focus on premiumisation in fans
As a true market leader, Crompton Greaves Consumer Electricals is aggressively driving premiumisation in its fan portfolio.
1 min
UltraTech to strengthen its core business
Cement demand rebounds; volume to grow 4% y/y in FY25
2 mins
Jubilant Eyes Higher Margin Expansion
Company to add 1,000 new stores over next three years
1 min
China Eyeing US Farm Exports
CHINESE MANUFACTURERS REPORTED an uptick in orders in February as importers rushed to beat higher US tariffs imposed by President Donald Trump, as a Chinese state media report said that Beijing was considering ways to retaliate.
1 min
Highway Monetisation Target at ₹3.5L Cr
IN MARCH, 11 highway stretches are to be monetised through National Highways Infrastructure Trust (NHIT) for around ₹18,000 crore, and one round of monetisation through Toll Operate Transfer (ToT) is also expected to go through.
1 min
Ola Set To Lay Off 1K Staffers
Its share of the electric two-wheeler market more than halved from 52% in April 2024 to 19% by December 2024.
1 min
Trump's tariff to hit Canada, Mexico today
PRESIDENT DONALD TRUMP is on the verge of slapping new tariffs on Canada and Mexico while doubling a levy on China, moves that would dramatically expand his push to revive domestic manufacturing, tap new revenues and rebalance ties with the biggest US trading partners.
1 min
Nvidia, Broadcom testing chips on Intel manufacturing process
CHIP DESIGNERS NVIDIA AND Broadcom are running manufacturing tests with Intel, two sources familiar with the matter told Reuters, demonstrating early confidence in the struggling company's advanced production techniques.
1 min
End of war very, very far away
FRANCE AND BRITAIN are proposing a partial one-month truce between Russia and Ukraine that would cover air, sea and energy infrastructure attacks but not include ground fighting, French President Emmanuel Macron and his foreign minister said.
1 min
BJP, AAP Spar Over CAG Report in Delhi Assembly
The ruling BJP and the AAP slugged it out during a discussion on the CAG report on public health infra in the city, on the last day of the first session of the newly constituted Delhi Assembly, with Speaker Vijender Gupta marshalling out three opposition MLAs.
1 min
EAM heads to UK, Ukraine on agenda
DAYS AFTER UK Prime Minister Keir Starmer hosted an emergency meeting of European leaders in support of Ukraine and its President Volodymyr Zelenskyy — after the latter's public showdown with US President Donald Trump and Vice-President J D Vance at the White House — external affairs minister S Jaishankar is headed to London to meet the British government's leadership, including Foreign Secretary David Lammy.
2 mins
India look to turn the tide against Australia
HISTORY WEIGHS HEAVILY against them but India would rely on a potent spin battery and familiarity with the conditions to break the knockout jinx against an undermanned Australia when the two formidable cricket forces clash in the Champions Trophy semifinal on Tuesday.
1 min
BCG and Accenture lead hiring at IIM-C
THE CONSULTING SECTOR emerged as the top recruiter with 201 offers—nearly 37% of the total—at the Indian Institute of Management Calcutta, as the premier business school achieved 100% placements for its flagship MBA programme of 2025, which concluded on Monday.
2 mins
Financial Express Lucknow Newspaper Description:
Yayıncı: The Indian Express Ltd.
kategori: Newspaper
Dil: English
Sıklık: Daily
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