CATEGORIES

Financial Express Bengaluru

Bullet Train Ambitions

Plans for indigenous high-speed trains are laudable, but innovative financing models will be needed

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2 mins  |
January 18, 2025
Financial Express Bengaluru

Awestruck and awesome

SIMATHI MURUGESAN'S PARENTS wanted to clap when she received an award from the President of India at the Rashtrapati Bhavan on Friday.

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3 mins  |
January 18, 2025
Financial Express Bengaluru

TechM logs 21% fall in Q3 profit

TECH MAHINDRA ON Friday logged a 21.36% sequential decline in its net profit due to a higher base reported in the previous quarter, that came from a one-time special income from sale of assets.

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1 min  |
January 18, 2025
Financial Express Bengaluru

Aditya Birla jewellery arm aims to reach 100 stores in 3 years: CEO

THE AVERAGE VALUE of purchases at Indriya stores exceeds that of other new entrants in the Indian jewellery market, the company's chief executive officer Sandeep Kohli said.

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1 min  |
January 18, 2025
Financial Express Bengaluru

7 Indian space firms set for US lift-off

LOCKHEED AND NORTHROP declined to comment, while RTX, formerly known as Raytheon, did not immediately respond to an email seeking comment.

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1 min  |
January 18, 2025
Financial Express Bengaluru

IMF, World Bank Peg India's FY25 Growth at 6.5%

The International Monetary Fund (IMF) has retained India's GDP growth forecast to 6.5% for the current financial year, which is \"in line with potential\".

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1 min  |
January 18, 2025
Financial Express Bengaluru

Sebi Asks MFs To Disclose Information Ratio Of Schemes

To bring more transparency in disclosures made by AMCs and aid better decision-making by investors, Sebi on Friday directed mutual funds to disclose the information ratio (IR) of a scheme along with performance disclosure.

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1 min  |
January 18, 2025
Financial Express Bengaluru

Rupee depreciation hurting pharma sector as input costs rise

THE DEPRECIATING RUPEE is taking a toll on the pharma sector with an expected rise in the cost of imported raw materials.

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1 min  |
January 18, 2025
Financial Express Bengaluru

FDI in auto sector to grow manifold: PM

FOREIGN DIRECT INVESTMENT (FDI) in India's auto sector will increase manifold in the coming years from $36 billion received in the last four years as efforts are underway to develop the entire ecosystem related to auto manufacturing domestically, Prime Minister Narendra Modi said on Friday.

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2 mins  |
January 18, 2025
Financial Express Bengaluru

Oil prices edge lower amid more supply concerns

OIL PRICES EDGED lower on Friday but remained on course for a fourth consecutive week of gains, as the latest U.S. sanctions on Russian energy trade added to worries about oil supply disruptions.

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1 min  |
January 18, 2025
Financial Express Bengaluru

EV industry needs better cost structure

After being in a near-monopolistic position in the EV space for a few years, Tata Motors is set to face heavy competition in 2025 with rivals like Maruti Suzuki, Hyundai, M&M and JSW MG Motor gearing up with launches.

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1 min  |
January 18, 2025
Financial Express Bengaluru

Coldplay fans flock to resale sites for tickets

POPULAR BRITISH ROCK band Coldplay will be performing at the DY Patil Stadium in Navi Mumbai on January 18, 19 and 21 and at Ahmedabad's Narendra Modi stadium on January 25 and 26.

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1 min  |
January 18, 2025
Financial Express Bengaluru

Cabinet Approves Refarming of 687 MHz Spectrum for 5G, 6G

COMMUNICATIONS MINISTER JYOTIRADITYA Scindia on Friday said the Cabinet has approved the refarming of 687 MHz of spectrum from various government ministries for the deployment of 5G and future 6G services.

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1 min  |
January 18, 2025
Financial Express Bengaluru

RBI: Ensure nominations in all bank accounts and lockers

THE RESERVE BANK (RBI) on Friday asked banks to ensure nominations in new and all existing customers' deposit accounts and safety lockers, highlighting that a large number of accounts do not have nominations.

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1 min  |
January 18, 2025
Financial Express Bengaluru

Retrospective on first year back

THERE'S NO SHORTAGE OF DOWNSIDE RISKS FOR 2025, BUT DON'T EXPECT SUPPORTERS TO TURN ON HIM

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4 mins  |
January 18, 2025
Financial Express Bengaluru

Forex reserves fall to lowest in 10 months

INDIA'S FOREIGN EXCHANGE reserves extended their losing streak for a sixth straight week and stood at a 10-month low of $625.87 billion as of January 10, data from the Reserve Bank of India showed on Friday.

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1 min  |
January 18, 2025
Financial Express Bengaluru

Harvest tax-free capital gains

TAX HARVESTING IS one of the most effective ways to reduce the tax liability in equity investing.

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2 mins  |
January 18, 2025
Financial Express Bengaluru

Jio Financial Q3 net profit remains flat at ₹295 crore

JIO FINANCIAL SERVICES on Friday reported a consolidated net profit of ₹295 crore for the quarter ended December 31, 2024, which was flat versus ₹294 crore posted in the year-ago period.

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1 min  |
January 18, 2025
Financial Express Bengaluru

BP to cut 5% of workforce

BP IS ELIMINATING 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, Chief Executive Officer Murray Auchincloss told staff on Thursday, as the London-based energy giant seeks to reduce costs.

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1 min  |
January 17, 2025
Financial Express Bengaluru

Adani Group Stocks Rally as Hindenburg Shuts Shop

ADANI GROUP STOCKS rallied on Thursday after Hindenburg Research, which made international waves with campaigns targeting billionaire Gautam Adani that wiped billions from the market value of his group companies, founder Nate Anderson announced its shutdown.

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1 min  |
January 17, 2025
Financial Express Bengaluru

A Bridge Not So Far

There is a need for a unified platform to link aspiring entrepreneurs with industry stalwarts and mentors

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2 mins  |
January 17, 2025
Financial Express Bengaluru

From mud to the mat

The Kho Kho Federation is sparing no effort to put the sport on the map

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3 mins  |
January 17, 2025
Financial Express Bengaluru

Axis Bank's net profit rises 4% to ₹6,304 crore

AXIS BANK ON Thursday reported a smaller-than-expected rise in its quarterly profit as the loan growth slowed and it set aside more funds against potential bad loans.

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1 min  |
January 17, 2025
Financial Express Bengaluru

Maruti Suzuki set to enter EV era with eVitara launch

India to become EV export hub for Suzuki, says Toshihiro

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1 min  |
January 17, 2025
Financial Express Bengaluru

Infosys Raises Guidance for FY25

Net profit rose 4.6% quarter-on-quarter to ₹6,806 crore, slightly above analysts' expectations of ₹6,773 crore.

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2 mins  |
January 17, 2025
Financial Express Bengaluru

EVs to take centre stage at auto expo

The second edition of the Bharat Mobility Global Expo 2025 is set to kick off on Friday, with a primary focus on electric vehicles (EVs) as the future of sustainable mobility.

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2 mins  |
January 17, 2025
Financial Express Bengaluru

RIL profit up 7.4% on retail, telecom boost

SURPASSES ESTIMATES; O2C BIZ SEES RECOVERY

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1 min  |
January 17, 2025
Financial Express Bengaluru

The power of nowcasting

KNOWING THE PRESENT MATTERS TO INVESTORS AND POLICYMAKERS, DIGITAL EXHAUST MAKES IT POSSIBLE

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4 mins  |
January 17, 2025
Financial Express Bengaluru

Hindenburg downs shutters

Founded in 2017, Hindenburg Research, which said it specialises in forensic financial research, had made a series of allegations of stock manipulation and accounting frauds against Adani Group, just days ahead of a $2.5-billion share offering by Adani Enterprises.

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1 min  |
January 17, 2025
Financial Express Bengaluru

Delivery Dilemma

Why criticism against q-comm practices is growing

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1 min  |
January 17, 2025