CATEGORIES

Financial Express Chandigarh

Telcos seek tax exemption on AGR dues

The Cellular Operators Association of India (COAI), which represents telecom operators, has urged the government to exempt service tax on additional adjusted gross revenue (AGR) dues arising from the recent Supreme Court's ruling.

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1 min  |
January 21, 2025
Financial Express Chandigarh

IOB profit rises 21% on strong growth in interest income

INDIAN OVERSEAS BANK (IOB) on Monday reported a 21% year-on-year rise in its net profit to ₹874 crore for the third quarter, driven by a strong growth in interest income.

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2 mins  |
January 21, 2025
Financial Express Chandigarh

OMCs to register strong Q3FY25 earnings

POSITIVE OUTLOOK

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2 mins  |
January 21, 2025
Financial Express Chandigarh

Central Bank of India profit jumps 33%

CENTRAL BANK OF India on Monday reported a 33% year-on-year rise in its net profit to ₹959 crore for the quarter ended December.

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1 min  |
January 21, 2025
Financial Express Chandigarh

Dollar dives on potential delay to tariffs

DONALD TRUMP WAS sworn in as US president on Monday, ushering in another turbulent four-year term with promises to push the limits of executive power, deport millions of immigrants, secure retribution against his political enemies and transform the role of the US on the world stage.

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2 mins  |
January 21, 2025
Financial Express Chandigarh

Biocon seeks tax cuts on cancer drugs

THE GOVERNMENT SHOULD eliminate tax on drugs for cancer treatment and for chronic and rare diseases, Biocon chairperson Kiran Mazumdar-Shaw said ahead of the FY26 Budget on February 1.

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1 min  |
January 21, 2025
Financial Express Chandigarh

Police found 19 fingerprints at Saif's house, to match with accused

Following the attack on actor Saif Ali Khan, the Mumbai Police found 19 fingerprints at his house that are suspected to be of the attacker, said sources.

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1 min  |
January 21, 2025
Financial Express Chandigarh

Trump factor has implications for economy and business, says Birla

2025 WILL BE MARKED by uncertainty, unpredictability and will be unorthodox, Aditya Birla Group chairman Kumar Mangalam Birla said on Monday while reflecting on the year ahead.

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1 min  |
January 21, 2025
Financial Express Chandigarh

Zomato Q3 profit plummets, misses estimates

FOOD & GROCERY DELIVERY FIRM'S REVENUE ROSE 64% TO ₹5,405 CR; BLINKIT BOOSTS EXPANSION TO OUTPACE RIVALS

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3 mins  |
January 21, 2025
Financial Express Chandigarh

Paytm Q3 net loss narrows to ₹208 cr, revenues fall 36%

ONE97 COMMUNICATIONS, THE parent company of Paytm, on Monday said it narrowed losses for the October-December quarter to ₹208.3 crore, from a loss of ₹219.8 crore in the year-ago period.

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1 min  |
January 21, 2025
Financial Express Chandigarh

Blinkit's losses widen to ₹103 cr

₹5,405 CR; BLINKIT BOOSTS EXPANSION TO OUTPACE RIVALS

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2 mins  |
January 21, 2025
Financial Express Chandigarh

Top firms to invest ₹3,516 cr under PLI for white goods

24 COMPANIES SELECTED OUT OF 38 APPLICATIONS UNDER SCHEME

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2 mins  |
January 21, 2025
Financial Express Chandigarh

UBL to resume Telangana beer supply

NO MORE DRY DAYS

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1 min  |
January 21, 2025
Financial Express Chandigarh

Weaker Rupee to Raise Ticket Sizes of Foreign Education Loans: Experts

THE DEPRECIATING RUPEE is expected to slightly increase the average ticket size of overseas education loans, but it is unlikely to deter students from pursuing higher education abroad, Shweta Guru, chief business officer at Auxilo Finserve, said.

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1 min  |
January 21, 2025
Financial Express Chandigarh

RBI Paves Way for Faster Resolution of Retail NPAs for ARCs

In a relief to asset reconstruction companies (ARCs), settling small-ticket bad loans of ₹1 crore or less will now be easier.

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1 min  |
January 21, 2025
Financial Express Chandigarh

Nazara raises ₹495 cr from existing investors

GAMING AND ESPORTS company Nazara Technologies raised ₹495 crore through a preferential share issue to Axana Estates.

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1 min  |
January 21, 2025
Financial Express Chandigarh

Infy: Improvement in discretionary demand

● Expects strong revenue growth of 5-7.9% in FY26

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1 min  |
January 21, 2025
Financial Express Chandigarh

Facebook, X to do more against hate speech

META'S FACEBOOK, ELON MUSK'S X, Google's YouTube and other tech companies have agreed to do more to tackle online hate speech under an updated code of conduct that will now be integrated into EU tech rules, the European Commission said on Monday.

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1 min  |
January 21, 2025
Financial Express Chandigarh

Bachchan's ₹83-crore deal: Mumbai property market sizzles again

STARS HEATING UP CITY REALTY

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2 mins  |
January 21, 2025
Financial Express Chandigarh

NCLT orders liquidation of Go First

THE NATIONAL COMPANY Law Tribunal (NCLT) on Monday ordered the liquidation of Go First, the budget carrier that stopped flying nearly three years ago after being bogged down by financial woes.

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1 min  |
January 21, 2025
Financial Express Chandigarh

TVS enters electric 3-wheeler market

TVS Motor Company on Monday entered the electric three-wheeler market with the launch of its King EV MAX model.

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1 min  |
January 21, 2025
Financial Express Chandigarh

IndusInd Bank CFO resigns, deputy CEO to take charge

INDUSIND BANK CHIEF financial officer Gobind Jain has resigned from his post to pursue other professional opportunities, the private lender said in an exchange filing on Monday.

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1 min  |
January 21, 2025
Financial Express Chandigarh

Labour codes.

The unique identity will store all the information of the workers such as their monthly earnings, past work records etc.

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1 min  |
January 21, 2025
Financial Express Chandigarh

KVB net profit rises 20% to ₹496 crore

KARUR VYSYA BANK (KVB) on Monday reported a 20% year-on-year increase in its net profit for the third quarter at ₹496 crore.

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1 min  |
January 21, 2025
Financial Express Chandigarh

IT firms see shift to shorter deal cycles

CHANGE REFLECTS RAPID TECHNOLOGICAL ADVANCEMENTS

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2 mins  |
January 21, 2025
Financial Express Chandigarh

Land rules, payment delays hurt manufacturing: CEA

Tough rules for land use and large firms’ reluctance to clear dues to micro, small and medium enterprises (MSMEs) in time are hurting India’s manufacturing and exports, chief economic advisor V Anantha Nageswaran said on Monday.

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1 min  |
January 21, 2025
Financial Express Chandigarh

Sensex adds 454 pts, Nifty ends near 23,350; banks, metals, financials lead

BENCHMARK SENSEX SPURTED by 454 points and Nifty closed above 23,300 on Monday following gains in banking, financial and power stocks amid firm global trends.

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1 min  |
January 21, 2025
Financial Express Chandigarh

Groww Picks Banks for IPO at Up to $8-Billion Valuation

Seizing on the Momentum

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1 min  |
January 21, 2025
Financial Express Chandigarh

Shock-proofing the UK economy

Rather than view recent market volatility negatively, the govt has a chance to frame it as a moment to improve public understanding of what it is doing

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3 mins  |
January 21, 2025
Financial Express Chandigarh

On Day 2 of ceasefire, Gazans search for people under rubble

PALESTINIANS BEGAN SEARCHING on Monday for thousands of Gazans believed still buried under rubble, as residents expressed shock at the devastation wrought by 15 months of war on the enclave on the second day of a ceasefire between Israel and Hamas.

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1 min  |
January 21, 2025