CATEGORIES

Financial Express Mumbai

Realty players plan new hotels to shore up revenues

OVER HALF A dozen top property developers, including Tata Realty & Infrastructure, Oberoi Realty, Prestige Estates, Ambuja Neotia Group and Panchshil Realty, are looking to build new hotels and also manage global hospitality brands.

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2 mins  |
April 05, 2024
Financial Express Mumbai

Apple explores robotics as potential 'next big thing'

APPLE HAS TEAMS investigating a push into personal robotics, a field with the potential to become one of the company's ever-shifting \"next big things\", according to sources.

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2 mins  |
April 05, 2024
Financial Express Mumbai

Govt steps up wheat purchase, says food inflation under check

No plan to lift rice export curbs, no sugar shipments this season

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2 mins  |
April 05, 2024
Muthoot Finance under CCI lens for forum shopping
Financial Express Mumbai

Muthoot Finance under CCI lens for forum shopping

THE COMPETITION COMMISSION of India (CCI) is learnt to have found Muthoot Finance misrepresenting information in a complaint before it and indulging in forum shopping.

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1 min  |
April 05, 2024
Financial Express Mumbai

Services sector growth hits over 13-year high in March

Manufacturing Index at 16-year high

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1 min  |
April 05, 2024
Financial Express Mumbai

RBI, NPCI propose ways to cut cross-border remittance costs

THE RESERVE BANK of India (RBI) and National Payments Corporation of India (NPCI) have apprised the World Trade Organisation (WTO) of ways to reduce the cost of cross-border remittances, given that these could go as high as 8% under current circumstances.

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2 mins  |
April 05, 2024
Financial Express Mumbai

Tesla for India, made in Berlin

TESLA HAS BEGUN production of right-hand drive cars at its plant in Germany for export to India later this year, three people aware of the company's plans told Reuters, as it moves ahead with a possible entry into the world's third-largest car market.

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1 min  |
April 05, 2024
Financial Express Mumbai

Byju's seeks arbitration in dispute with investors

TROUBLED EDTECH MAJOR Byju's on Thursday sought arbitration as a way to resolve the dispute with a group of investors, filing an application with the National Company Law Tribunal (NCLT).

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1 min  |
April 05, 2024
RBI defers forex derivatives rules
Financial Express Mumbai

RBI defers forex derivatives rules

Move could significantly reduce the impact cost and cool down segment

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3 mins  |
April 05, 2024
Financial Express Mumbai

Startups come of age as 'dead pool' slumps 75%

INDIA'S UNICORN STORY may have slowed down and a large number of startups may be freezing in the funding winter, but there is a good story unfolding as well that of an improving survival rate.

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2 mins  |
April 05, 2024
T20 slam-bang shouldn't reflect street cricket
Financial Express Mumbai

T20 slam-bang shouldn't reflect street cricket

ANOTHER NIGHT, ANOTHER 250 plus score as KKR's Sunil Narine blasted his team to 272 with help from his teammates Andre Russell and Angkrish Raghuvanshi.

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1 min  |
April 04, 2024
Indian troops to leave from Maldives by April: Muizzu
Financial Express Mumbai

Indian troops to leave from Maldives by April: Muizzu

MALDIVES PRESIDENT MOHAMED Muizzu has said that Indian military personnel manning the second aviation platform would be withdrawn \"within the current month' and reiterated that the entire process would be completed by May 10, a media report said here on Wednesday.

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1 min  |
April 04, 2024
New tweaks in Class 12 history book: Doubts over Aryan migration
Financial Express Mumbai

New tweaks in Class 12 history book: Doubts over Aryan migration

FROM THE ASSERTION that recent studies of ancient DNA obtained from archaeological sources at Rakhigarhi, an Indus Valley site in Haryana, rule out Aryan immigration to a call for more research into whether the Harappans and the Vedic people were the same.

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4 mins  |
April 04, 2024
Financial Express Mumbai

Firms to train over 650k staff in GenAI, says report

BETWEEN 2023 AND 2024, over 650,000 employees are expected to undergo training in generative AI technology, as India sees surge in AI adoption, with Al-driven growing 2.7x in these two years, according to a report by Deloitte.

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1 min  |
April 04, 2024
Financial Express Mumbai

High valuations could tame the bull this fiscal

\"GIVEN THE EXCEPTIONAL returns observed in FY24 across various indices, it would be prudent for investors to moderate their expectations for FY25,\" said Nilesh Shah, MD of Kotak AMC.

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2 mins  |
April 04, 2024
Harman taps GenAl to tackle healthcare woes
Financial Express Mumbai

Harman taps GenAl to tackle healthcare woes

Develops a private LLM to advance patient care and medical research

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2 mins  |
April 04, 2024
Cong leader calls for violent method to confront Modi
Financial Express Mumbai

Cong leader calls for violent method to confront Modi

CHHATTISGARH CONGRESS LEADER Charan Das Mahant, Leader of Opposition in the Assembly and a former Union Minister of State, is at the centre of a storm over his remarks that a \"stick-wielding\" person who can \"break Modi's head\" is needed to take on the Prime Minister.

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1 min  |
April 04, 2024
Suspended TMC leader Shahjahan faces fishery fraud
Financial Express Mumbai

Suspended TMC leader Shahjahan faces fishery fraud

LAND GRABBING, MONEY laundering, browbeating fish sellers, and creating an atmosphere of terror these allegations figure among submissions made by the Enforcement Directorate in court while seeking custody of suspended Trinamool Congress strongman Sheikh Shahjahan.

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1 min  |
April 04, 2024
Financial Express Mumbai

ED opposes Kejriwal plea, citing election immunity

Bizarre, says CM’s lawyer Singhvi on ED drawing parallels with murder, terror

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2 mins  |
April 04, 2024
Financial Express Mumbai

Banks going slow on personal loans

THE SHARP GROWTH in personal loans is losing momentum as banks have started going slow on unsecured loans following the Reserve Bank of India's (RBI) hike in risk weight on personal loans last year.

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2 mins  |
April 04, 2024
Blackstone to invest $2 bn a year in India
Financial Express Mumbai

Blackstone to invest $2 bn a year in India

BETTING BIG ON the Indian growth story, US private equity major Blackstone intends to invest $2 billion per annum and garner an additional portfolio of $25 billion over the next five years.

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1 min  |
April 04, 2024
Financial Express Mumbai

FPI investments in debt mkt surge to $14.58 bn in FY24

$10.6-bn inflows came in the last five months of the previous fiscal

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2 mins  |
April 04, 2024
Financial Express Mumbai

NCLT defers ruling on Byju's rights issue

THE NATIONAL COMPANY Law Tribunal (NCLT) on Wednesday deferred its ruling on a plea by the Byju's management seeking a reversal of a previous order related to the $200-million rights issue.

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1 min  |
April 04, 2024
Toyota drives in Taisor at ₹7.74L
Financial Express Mumbai

Toyota drives in Taisor at ₹7.74L

ΤΟΥΟΤΑ KIRLOSKAR, INDIA'S fourth largest carmaker on Wednesday added the crossover coupe Taisor to its line-up, which is essentially the Maruti Suzuki Fronx, with prices starting at ₹7.74 lakh (ex-showroom).

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1 min  |
April 04, 2024
Financial Express Mumbai

Sony eyes revenue growth, strategic tie-ups in FY25

SONY PICTURES NETWORKS India is looking to drive organic growth as well as increase its market presence through strategic partnerships in FY25, managing director and CEO NP Singh said in an internal newsletter addressed to employees.

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1 min  |
April 04, 2024
Financial Express Mumbai

Vistara assures pilots of better working hours

Pilots unhappy over pay cuts, heavy duty rosters

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1 min  |
April 04, 2024
Adani Green hits 10,000 MW capacity mark
Financial Express Mumbai

Adani Green hits 10,000 MW capacity mark

ADANI GREEN ENERGY (AGEL) on Wednesday said it has crossed 10,000 megawatt (MW) of operational portfolio.

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1 min  |
April 04, 2024
Financial Express Mumbai

Fed blocks tough global climate rules for Wall Street banks

US REGULATORS, LED by the Federal Reserve, have thwarted a push to make climate risk a focus of global financial rules, according to people familiar with the matter.

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1 min  |
April 04, 2024
Financial Express Mumbai

Disney board fight: Iger on course to beat Peltz

WALT DISNEY AND CEO BobIger are poised to triumph over Nelson Peltz's Trian Fund Management in a costly, monthslong proxy battle, according to people with knowledge of the matter.

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1 min  |
April 04, 2024
Financial Express Mumbai

Tesla's waning Chinese market share compounds global woes

THE GLOBAL SLOWDOWN in electric vehicle demand that contributed to Tesla Inc.'s biggest-ever quarterly sales miss is hurting Elon Musk's standing in China, the world's biggest automotive market.

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1 min  |
April 04, 2024