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Financial Express Mumbai

CCI orders probe into Google's app billing system

THE COMPETITION COMMISSION of India (CCI) on Friday ordered a probe against Google, after finding the tech giant's user choice billing (UCB) system to be \"prima facie\" anti-competitive as it involves \"abuse of dominant position.\"

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2 mins  |
March 16, 2024
Financial Express Mumbai

Reliance-linked Qwik Supply Chain emerges from shadow

RIL says firm not its subsidiary

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2 mins  |
March 16, 2024
Financial Express Mumbai

EV policy: Make in India, made for Tesla

THE GOVERNMENT ON Friday announced a new electric vehicle (EV) policy, aimed at promoting domestic manufacturing by global players, paving the way for the India entry of US-based Tesla.

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2 mins  |
March 16, 2024
Financial Express Mumbai

Sebi to roll out beta version of T+0 from Mar 28, provides FPIs disclosure relief

THE SECURITIES AND Exchange Board of India (Sebi) will roll out the beta version of the T+O settlement on an optional basis from March 28.

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1 min  |
March 16, 2024
Behind Mumbai's 42nd Ranji title: Songs, dance and 15-day Alur camp
Financial Express Mumbai

Behind Mumbai's 42nd Ranji title: Songs, dance and 15-day Alur camp

MUMBAI'S 42ND TITLE was not made in a day. It was the result of meticulous planning, strategising and hard work over the last ten months.

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3 mins  |
March 15, 2024
Trump's re-election may be less negative for Indian students
Financial Express Mumbai

Trump's re-election may be less negative for Indian students

Four years of Trump presidency was the worst period” for global students

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3 mins  |
March 15, 2024
Simultaneous polls: Oppn raises concerns about federalism
Financial Express Mumbai

Simultaneous polls: Oppn raises concerns about federalism

Of 32 parties in favour, 26 are from NDA; of 15 opposed, 10 are from INDIA

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2 mins  |
March 15, 2024
RBI action boosts data privacy for card users
Financial Express Mumbai

RBI action boosts data privacy for card users

THE RECENT AMENDMENTS by the Reserve Bank of India (RBI) to the guidelines on debit and credit card issuances will boost customers' data privacy.

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2 mins  |
March 15, 2024
US Steel should stay American owned: Biden
Financial Express Mumbai

US Steel should stay American owned: Biden

PRESIDENT JOE BIDEN said United States Steel should retain American ownership, coming out against a takeover by Japan's NipponSteel despite the risk of upsetting a key ally.

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1 min  |
March 15, 2024
Investors challenge Nestle over healthy food targets
Financial Express Mumbai

Investors challenge Nestle over healthy food targets

NESTLE IS FACING a formal demand from some shareholders, including Legal & General Investment Management, to significantly improve the amount of healthy food the Swiss consumer group sells.

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2 mins  |
March 15, 2024
IPO flops rise on valuation risks in small-caps
Financial Express Mumbai

IPO flops rise on valuation risks in small-caps

MOST INITIAL SHARES sales flopped on their debut this week as equity markets crashed on concerns about froth in small caps.

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1 min  |
March 15, 2024
RBI buys 8.7 tonne of gold in Jan, highest in nearly 2 years
Financial Express Mumbai

RBI buys 8.7 tonne of gold in Jan, highest in nearly 2 years

THE RESERVE BANK of India (RBI) bought 8.7 tonne of gold in January, making it the largest purchase by the central bank since July 2022.

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2 mins  |
March 15, 2024
Centre clears transfer of iconic AI building
Financial Express Mumbai

Centre clears transfer of iconic AI building

THE CENTRE HAS given the green light for the sale of the iconic Air India building at Nariman Point in Mumbai to the Maharashtra government for an estimated price of ₹1,601 crore.

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1 min  |
March 15, 2024
Zee fund probe: Subhash Chandra suppressed facts, Sebi tells SAT
Financial Express Mumbai

Zee fund probe: Subhash Chandra suppressed facts, Sebi tells SAT

THE SECURITIES AND Exchange Board of India (Sebi) has accused Zee chairman emeritus Subhash Chandra of \"suppressing material facts\" in the alleged fund diversion case being probed by the markets regulator.

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1 min  |
March 15, 2024
Premiumisation, 5G focus will boost revenue growth: Samsung
Financial Express Mumbai

Premiumisation, 5G focus will boost revenue growth: Samsung

Even if shipments fall, higher average selling price will compensate

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2 mins  |
March 15, 2024
Govt not to meddle in ISMC-Tower dispute, says Chandrasekhar
Financial Express Mumbai

Govt not to meddle in ISMC-Tower dispute, says Chandrasekhar

WITH TOWER SEMICONDUCTOR's $11-billion fab project being next in the line for approval, the government has said that it will not interfere in any ongoing legal tussle between the company and its former joint venture partner ISMC.

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1 min  |
March 15, 2024
Financial Express Mumbai

Fitch sees India's FY25 GDP growth at 7%

FITCH RATINGS HAS projected India's economy to grow at 7.8% in FY24, 20 bps higher than the National Statistical Office's (NSO) second advance estimate, on account of strong \"domestic demand\".

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1 min  |
March 15, 2024
FY24 capex loans to states overshoot RE
Financial Express Mumbai

FY24 capex loans to states overshoot RE

THE CENTRE'S LIBERAL capital expenditure loans stood at ₹1.09 trillion, or 104% of the FY24 revised estimate (RE), thanks to the last-minute rush by some states to benefit from the scheme.

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1 min  |
March 15, 2024
Financial Express Mumbai

Third-party UPI app nod to Paytm

THE NATIONAL PAYMENTS Corporation of India (NPCI) has granted approval to Paytm parent One97 Communications to participate in the unified payments interface (UPI) as a third-party application provider (TPAP) under the multi-bank model.

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1 min  |
March 15, 2024
Sync Assembly terms with LS polls: Panel
Financial Express Mumbai

Sync Assembly terms with LS polls: Panel

One nation, one election committee submits report

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4 mins  |
March 15, 2024
Financial Express Mumbai

RCap lenders' deadline not tenable, says Hinduja Group

THE HINDUJA GROUP has rejected lenders' demand to implement the resolution plan for Reliance Capital (RCap) by March 31, including the release of payment, saying that it is not \"tenable\".

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1 min  |
March 15, 2024
Paramount to exit Viacom18, sell stake to RIL for ₹4,286 cr
Financial Express Mumbai

Paramount to exit Viacom18, sell stake to RIL for ₹4,286 cr

MUKESH AMBANI-LED RELIANCE Industries (RIL) has agreed to buy Paramount Global's entire 13.01% stake in entertainment network Viacom18 Media for ₹4,286 crore, it said on Thursday.

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1 min  |
March 15, 2024
Financial Express Mumbai

Lottery king leads the list of electoral bond purchasers

BJP gets the most donations, followed by TMC, Congress

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2 mins  |
March 15, 2024
Financial Express Mumbai

Census, economic data overhaul in the works

THE CENTRE IS planning a number of steps to improve the quality of the country's economic data, including kicking off the long-delayed population census, according to people familiar with the matter.

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2 mins  |
March 15, 2024
Women steadily outnumber men in Lok Sabha seats
Financial Express Mumbai

Women steadily outnumber men in Lok Sabha seats

Seats with more women electors than men up from 85 in 2009 to 110 in 2019

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2 mins  |
March 14, 2024
'Whatever happens, Rohit Sharma will be there to stand by you'
Financial Express Mumbai

'Whatever happens, Rohit Sharma will be there to stand by you'

In the span of seven weeks, Yashasvi Jaiswal transformed from a bright young potential to the new torchbearer of India's batting.

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5 mins  |
March 14, 2024
Trump and Biden clinch nominations
Financial Express Mumbai

Trump and Biden clinch nominations

PRESIDENT JOE BIDEN and former President Donald Trump both clinched their parties' nomination on Tuesday, kicking off the first U.S. presidential election rematch in nearly 70 years.

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1 min  |
March 14, 2024
Putin warns the West again: Russia ready for nuclear war
Financial Express Mumbai

Putin warns the West again: Russia ready for nuclear war

PRESIDENT VLADIMIR PUTIN warned the West on Wednesday Russia was technically ready for nuclear war and that if the US sent troops to Ukraine, it would be considered a significant escalation of the conflict.

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2 mins  |
March 14, 2024
Financial Express Mumbai

ITC stock jumps 8.6% after BAT sells 3.5% stake

ICICI Pru MF, Singapore govt, Bank of America Securities among key buyers in block deal

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2 mins  |
March 14, 2024
Markets not in serious bubble territory, says Uday Kotak
Financial Express Mumbai

Markets not in serious bubble territory, says Uday Kotak

KOTAK MAHINDRA BANK founder and non-executive director Uday Kotak expects investments in mutual funds, portfolio management services, and alternative investment funds to rise to 50% of bank deposits in a decade, from nearly 30% at present.

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1 min  |
March 14, 2024