Financial Express Lucknow - March 05, 2025
Financial Express Lucknow - March 05, 2025
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In this issue
March 05, 2025
Highway Construction Down 9% in Apr-Jan; New Awards Up
HIGHWAY CONSTRUCTION IN the first 10 months of this fiscal fell 8.5% on year to 7,000 km.
1 min
New Model for Investment Treaties Soon: CEA
THE NEW MODEL text for bilateral investment treaty (BIT) being formulated will be better aligned to the demands of a dynamic global investment environment while safeguarding India's sovereign rights and regulatory space, chief economic adviser V Anantha Nageswaran said.
1 min
Don't be a spectator, invest more, Modi tells India Inc
PM stresses need for new modes of credit delivery for MSMEs
2 mins
Need a relook at trade and industrial policies: DGFT
INDIA SHOULD HAVE a comprehensive relook at its trade and industrial policies, as competitors and developed countries re-evaluate their strategies, to achieve an aspirational target of $2-trillion exports, Santosh Kumar Sarangi, director-general of foreign trade, said.
1 min
In talks with the US for easing of curbs on AI chips
The upcoming IndiaAI Datasets platform, which is a key pillar for the ₹10,372-crore IndiaAI Mission, will provide anonymous, non-personal data to help businesses train their AI models.
3 mins
Govt Steadfast on Easing Regulatory Burden, Says FM
A robust manufacturing sector free from unnecessary regulatory bottlenecks will further attract both domestic and foreign investments, driving economic growth and positioning India as a trusted global player, finance minister Nirmala Sitharaman said on Tuesday.
1 min
CCI dismisses case against Microsoft
THE COMPETITION COMMISSION of India (CCI) has dismissed an antitrust case against Microsoft for bundling the Windows 10 operating system (OS) with its pre-installed antivirus software.
1 min
RIL, partners get $2.8-bn demand notice from govt
THE MINISTRY OF petroleum and natural gas has raised a demand of $2.81 billion from Reliance Industries (RIL), BP Exploration (Alpha) and NIKO (NECO) over the long-running gas dispute, alleging migration of gas from state-owned ONGC's blocks to RIL's in the Krishna Godavari (KG) basin.
1 min
CPSEs Increase Reliance on Budgetary Capex Support
Concerns have been raised within sections of the government about the shift in investment pattern of central public sector enterprises (CPSEs) away from their own resources and private capital to higher budgetary support for undertaking capital expenditure.
2 mins
Volvo to launch an electric car in India every year
Volvo will launch an electric car in India every year, Jyoti Malhotra, managing director, Volvo Car India, told FE.
1 min
Samsung workers to escalate strike after negotiations fail
THE STRIKING WORKERS at Samsung India's Chennai plant plan to escalate their protest after another round of talks on Tuesday between the management and the Samsung India Workers Union (SIWU), mediated by labour department officials, failed to break the deadlock.
1 min
AI deployment faces roadblock on poor quality data
POOR DATA QUALITY will continue to be a major hurdle, preventing the deployment of advanced analytics, including artificial intelligence (AI), through 2025, according to a new report by Gartner.
2 mins
Goyal's claims on Zepto's cash burn wrong: Palicha
AADIT PALICHA, CO-FOUNDER and CEO of Zepto, on Tuesday termed as \"inaccurate\", the statement made by Zomato founder and CEO Deepinder Goyal that more than half of the quarterly cash burn in the quick commerce industry comes from the Bengaluru-based firm alone.
1 min
Jio, AMD, Cisco, Nokia Partner to Build Open Telecom AI Platform
JIO PLATFORMS HAS partnered with technology companies AMD, Cisco, and Nokia to build an Open Telecom AI Platform to enhance network security and efficiency, while reducing technology costs.
1 min
Realty sector to see record ₹60,000-cr launches in Q4
Developers say the huge supply will not lead to a glut
3 mins
Nissan to revive India biz amid dwindling share
Fighting Back
2 mins
Adani Wilmar to buy 'Tops' brand owner GD Foods
ADANI WILMAR ON Tuesday said that it was buying GD Foods, which makes the 'Tops' brand of sauces and pickles.
1 min
FMCG firms expect demand to pick up
OVERALL IMPROVEMENT IN demand sentiment and green shoots of recovery visible in the urban areas are likely to ease the pains of FMCG companies from the January-March quarter, according to industry experts.
1 min
Job opportunities for women surge by 48% in 2025: Report
INDIA'S JOB MARKET is witnessing a significant transformation, with opportunities for women increasing by 48% in 2025 compared to the previous year, according to foundit.
1 min
Ola founder asks staff to send him weekly updates
OLA FOUNDER BHAVISH Aggarwal has reportedly asked all employees across group companies to submit weekly reports detailing their achievements.
1 min
Exercise caution while investing in IPOs
The falling market has created some pockets of comfort in the large-cap space and also among small- and mid-cap stocks, despite them trading above their long-term averages, says Nimesh Chandan, chief investment officer at Bajaj Finserv AMC.
1 min
Nifty Sees Longest Losing Run as Global Funds Flee
THE SELLOFF in equities marked another grim milestone, with the Nifty 50 declining for a record 10th straight day amid continuous selling by overseas investors.
1 min
Jio Fin to Buy SBI's Stake in Payments Bank for ₹105 Crore
JIO FINANCIAL SERVICES on Tuesday said it will acquire the entire stake of State Bank of India (SBI) in Jio Payments Bank for ₹104.54 crore.
1 min
VIX drop shows market is seen as insulated from tariff war
While trade-war concerns are gripping global markets, India's fear gauge has so far failed to indicate panic.
1 min
States Borrow Over ₹50,500 Cr Via SDL
10-Year Treasury Yields Have Softened, Widening the Differential With Domestic Bonds. Gap Between the Two Has Exceeded 250 Basis Points
1 min
HC stays order directing FIR against Buch, 5 others
THE BOMBAY HIGH Court on Tuesday stayed for four weeks a special court's order directing FIR against former Sebi chairperson Madhabi Puri Buch and five other officials for alleged stock market fraud and regulatory violations.
1 min
FMCG Shares Fall to Two-Year Low on Demand Concerns
Shares of fast-moving consumer goods (FMCG) companies, part of the BSE FMCG Index, fell to a nearly two-year low, as demand and inflation concerns weigh on the sector.
1 min
Fading rally spooks new MF investors
Remain invested, suggest experts
2 mins
NaBFID for higher credit enhancement cap of 50%
THE NATIONAL BANK for Financing Infrastructure and Development (NaBFID) has sought the RBI's nod to increase the exposure limit under the partial credit enhancement facility to 50% of the bond issue size, according to sources.
2 mins
Won't be bullied or coerced, says Beijing
REACTING TO FRESH US tariffs, China said the country has never succumbed to bullying or coercion.
1 min
Tesla's China-made EV sales skid 29% in first two months
TESLA'S SALES OF its China-made electric vehicles fell 28.7% in the first two months of 2025 from a year earlier, data showed on Tuesday, as the US automaker faces pressure from Chinese rivals in a relentless smart EV price war.
1 min
TSMC Unveils $100-Bn Fresh US Investment
CHIPPING IN
1 min
It's time to take US seriously: Investors
MARKETS NO LONGER think Donald Trump is full of bluster and are moving quickly to anticipate a slowdown in US and global growth as he raises a wall of tariffs around the world's biggest economy and trading partners start to respond in kind.
1 min
Long-term investors tap BYD's $5.6-bn share sale
CHINESE ELECTRIC VEHICLE maker BYD said on Tuesday it had raised $5.59 billion in a primary share sale that was increased in size, making it the largest of its kind in Hong Kong in four years.
1 min
Trump tariffs: China, Canada hit back with tit-for-tat levies
President Donald Trump delivered on his threat to hit Canada and Mexico with sweeping import levies and doubled an existing charge on China, spurring swift reprisals that plunged the world economy into a deepening trade war.
1 min
US pulls the plug on Ukraine military aid
US PRESIDENT DONALD Trump paused military aid to Ukraine following last week's clash with Ukrainian President Volodymyr Zelenskyy, potentially hampering Ukraine's efforts to fend off Russia as he pivots towards warmer relations with Moscow.
1 min
A hot topic
IMD's prediction on heatwave calls for better policy response on preparedness
2 mins
7-Eleven's time-wasting isn't so convenient
THE LONG-STANDING slogan of 7-Eleven in Japan for many years was chikakute benri, meaning \"close and convenient.\" It neatly sums up the chain's value proposition: Sure, you pay a bit more to shop there, but the convenience more than makes up for it. These days, though, it feels like a lot of time is being wasted at Seven & i Holdings, the parent company that's the target of a takeover proposal from Canada's Alimentation Couche-Tard.
2 mins
Brand stands out by fitting in with local tradition
British Airways' Your Family in the Skies is an incredible effort by a storied global airline brand to bring a distinctively Indian flavour and build resonance with India's growing outbound traveller base.
1 min
Brands like Cinthol and Good Knight were not built solely by advertising
When Godrej Consumer Products (GCPL) named former FCB India creative chairperson Swati Bhattacharya as the global head of its in-house creative studio, Godrej Creative Lab, it triggered a debate weighing the merits and demerits of working with an ad agency versus an internal creative team.
3 mins
Staying a step ahead
Critical warning signs affiliate managers shouldn't ignore
2 mins
CEC to poll officers: Meet parties and resolve issues
AT A TIME when Opposition parties have alleged irregularities in the electoral rolls, Chief Election Commissioner Gyanesh Kumar on Tuesday asked all state Chief Electoral Officers (CEOs), District Election Officers (DEOs) and Electoral Registration Officers (EROs) to meet political parties regularly to resolve their issues.
1 min
Job cuts hit Renault arm
THE MAIN OFFICE of the centre is at Mahindra World City on the outskirts of Chennai.
1 min
Delhi HC grants bail to Michel
THE DELHI HIGH Court on Tuesday granted bail to Christian Michel James — one of the alleged middlemen in the AgustaWestland VVIP chopper case who was extradited from the UAE in 2018 — in a money laundering case registered by the Enforcement Directorate (ED).
1 min
Intern scheme may tap local talent
EXPERTS SAID THAT more changes are needed in the second round of the scheme which is currently under way.
2 mins
PepsiCo pokes Coca-Cola with new ad
THE NEVER-ENDING HILARIOUS ad war between beverage majors Coca-Cola and PepsiCo has taken off this season with PepsiCo's jibe at its arch rival Coca-Cola's campaign.
1 min
Kohli stars as India beat Australia
VIRAT KOHLI did not finish the chase for once but his measured 84-run knock steered India into their fifth Champions Trophy final with a clinical four-wicket win over an under-strength and profligate Australia in the first last-four clash here on Tuesday.
1 min
Musk support for far right in Europe is hurting Tesla
FOR THE PAST two months, tech billionaire Elon Musk has promoted Germany's far-right party in at least two dozen posts on his X platform, interviewed its leader, and told his 219 million followers it was the country's \"only hope.\"
3 mins
Financial Express Lucknow Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
The Financial Express brings the latest and breaking business news from Markets and Industries in India.
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