CATEGORIES

Financial Express Mumbai

GeM drops hundreds of Chinese vendors

Rules amended after July 2020 China border standoff

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3 mins  |
September 28, 2023
Financial Express Mumbai

India licence for Starlink by Oct

ELON MUSK-OWNED Starlink is all set to get Global Mobile Personal Communication by Satellite (GMPCS) licence by the government next month.

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2 mins  |
September 28, 2023
Financial Express Mumbai

Byju's interest outgo on $1.2-bn loan set to rise

TROUBLED EDTECH MAJOR Byju's will see its interest outgo on the $1.2 billion term loan rising further. Fidelity Advisor, one of the lenders in the consortium, has almost doubled the rate to 15.5% in a year's time, according to its filing with the Securities and Exchange Commission.

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2 mins  |
September 28, 2023
Self-reliance can slide into a defence to protectionism: Summers
Financial Express Mumbai

Self-reliance can slide into a defence to protectionism: Summers

WHAT MODI HAS, VAJPAYEE DIDN'T: A HAWKISH EYE FOR IMPLEMENTATION OF POLICIES: NK SINGH

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2 mins  |
September 28, 2023
Financial Express Mumbai

RBI may pivot to cuts from FY25

Central bank also unlikely to tinker with its stand on liquidity

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3 mins  |
September 28, 2023
Financial Express Mumbai

CONCERNS OVER ASSET VALUE EROSION: Govt tells banks to avoid settlements

Move after resumption of RBI compromise formula for wilful defaulters

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4 mins  |
September 28, 2023
India's Diplomacy Touched New Heights In Last 30 Days: PM
Financial Express Mumbai

India's Diplomacy Touched New Heights In Last 30 Days: PM

PRIME MINISTER NARENDRA Modi on Tuesday said India's diplomacy touched new heights in the last 30 days and some decisions taken during the G20 Summit have potential to change the direction the 21st century world takes.

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2 mins  |
September 27, 2023
Waheeda Rehman to get Phalke award
Financial Express Mumbai

Waheeda Rehman to get Phalke award

IN THE HIGHLY acclaimed book - Conversations With Waheeda Rehman - London-based film scholar and documentary filmmaker Nasreen Munni Kabir asks the actress about her legendary beauty. Her response: \"I promise you no one ever told me: 'Wow, how beautiful you are!' They would say: 'You photograph well.\" That must figure in the list of the most famous understatements of all time.

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2 mins  |
September 27, 2023
India strikes gold in equestrian, first in 40 yrs: 'Everyone made sacrifices'
Financial Express Mumbai

India strikes gold in equestrian, first in 40 yrs: 'Everyone made sacrifices'

BEFORE THEY GALLOPED to the top of the podium, they had to hop over innumerable hurdles. The \"pain\" of selling a house to fund careers, getting mocked at fund-raising meetings and doors getting shut, and nearly missing the Asiad because of federation policies.

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3 mins  |
September 27, 2023
US sues Amazon for violating antitrust law
Financial Express Mumbai

US sues Amazon for violating antitrust law

THE US FEDERAL Trade Commission filed a long-awaited antitrust lawsuit against Amazon.com on Tuesday, charging the online retailer with harming consumers with higher prices in the latest US government legal action aimed at breaking Big Tech's dominance of the internet.

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1 min  |
September 27, 2023
Financial Express Mumbai

Dream11 challenges GST notice in Bombay HC

DREAM SPORTS, THE parent company of India's online gaming platform Dream11, on Tuesday filed a writ petition in the Bombay High Court, challenging a notice issued by the tax authorities alleging evasion of goods and services tax (GST).

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1 min  |
September 27, 2023
Financial Express Mumbai

Pegatron's iPhone factory in TN to be shut for third day

A PRODUCTION SHUTDOWN at Apple supplier Pegatron's India iPhone factory is expected to extend into Wednesday and disruptions could last longer as authorities investigate a fire at the Taiwanese firm's only India plant, four sources said. Pegatron described the Sunday fire as a \"spark incident\" which caused no injuries and said has \"no financial or operational impact to Pegatron Corporation\", but called off all assembly shifts for Monday and Tuesday, Reuters previously reported.

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1 min  |
September 27, 2023
Financial Express Mumbai

Infosys, Microsoft tie up for AI-enabled solutions

TO LEVERAGE THEIR AI TOOLS AND SERVICES

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1 min  |
September 27, 2023
Financial Express Mumbai

Piyush Pandey to take on chief advisor role at Ogilvy

OGILVY INDIA ON Tuesday announced important leadership changes that will take effect from January 1, 2024. Piyush Pandey, currently chairman global creative & executive chairman of Ogilvy India, will take on the role of chief advisor.

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1 min  |
September 27, 2023
Financial Express Mumbai

Emission reduction mandates soon for 4 sectors

INDIA WILL SET carbon emission reduction targets for four fossil fuel dependent sectors, as it looks to align its industry with its greenhouse emissions reduction target, two government officials said.

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1 min  |
September 27, 2023
Banks ready to collect 20% TCS from October 1
Financial Express Mumbai

Banks ready to collect 20% TCS from October 1

TAX WON'T BE LEVIED ON CREDIT CARD SPEND ABROAD

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2 mins  |
September 27, 2023
Financial Express Mumbai

Export promotion scheme extended for nine months

@ PANEL SET UP TO REVIEW INCENTIVE RATES

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1 min  |
September 27, 2023
129 startups rail against revenue share with telcos
Financial Express Mumbai

129 startups rail against revenue share with telcos

IN LETTER TO TRAI, THEY EXPRESS CONCERN ABOUT END OF NET NEUTRALITY

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2 mins  |
September 27, 2023
Enough capacity to meet festive demand: Elbers
Financial Express Mumbai

Enough capacity to meet festive demand: Elbers

THE COUNTRY'S LARGEST airline IndiGo is trying to overcome supply chain challenges, by getting aircraft on wet leases, CEO Pieter Elbers said on Tuesday.

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2 mins  |
September 27, 2023
Govt sticks to market borrowing plan for H2
Financial Express Mumbai

Govt sticks to market borrowing plan for H2

₹30,000 crore to be raised via new 50-year G-sec

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3 mins  |
September 27, 2023
Financial Express Mumbai

Relief for startups on angel tax valuation

Preference shares’ valuation to be based on equity’s fair value

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3 mins  |
September 27, 2023
AIADMK formally ends ties with BJP
Financial Express Mumbai

AIADMK formally ends ties with BJP

THE AIADMK ON Monday announced the end of its alliance with the BJP-led NDA, marking a significant shift in Tamil Nadu politics. It said it would lead a separate front for the 2024 Lok Sabha polls.

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2 mins  |
September 26, 2023
Urban Naxals running the show, Cong bankrupt: PM
Financial Express Mumbai

Urban Naxals running the show, Cong bankrupt: PM

DAYS AFTER PARLIAMENT passed the women's reservation Bill with near unanimity, Prime Minister Narendra Modi on Monday accused the Opposition of only supporting it due to \"political compulsions\".

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2 mins  |
September 26, 2023
'Customer centricity not an option but necessity'
Financial Express Mumbai

'Customer centricity not an option but necessity'

BANKS AND OTHER lending institutions must ensure that having a customer-centric approach is not an \"optional\" requirement in current times but more of a necessity, Reserve Bank of India (RBI) deputy governor (DG) Swaminathan J said at the Conference on Customer Service held in Mumbai on September 21.

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1 min  |
September 26, 2023
Financial Express Mumbai

Amazon to invest $4 bn in AI startup Anthropic

AMAZON WILL INVEST as much as $4 billion in Anthropic, bagging a crucial partner in its effort to become a major player in generative artificial intelligence and offering a vote of confidence in the hot startup.

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1 min  |
September 26, 2023
Nomura banker barred from leaving China
Financial Express Mumbai

Nomura banker barred from leaving China

AUTHORITIES IN CHINA have ordered a senior Nomura Holdings banker overseeing the firm's investment banking operations there not to leave the mainland, two sources with knowledge of the matter said.

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1 min  |
September 26, 2023
Financial Express Mumbai

AFTER SIRI AND ALEXA: Now, ChatGPT can interact, respond with spoken words

People can choose from five options, including male and females voices

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2 mins  |
September 26, 2023
Trump leads Biden by 10 points in latest survey
Financial Express Mumbai

Trump leads Biden by 10 points in latest survey

A New poll by the Washington Post and ABC News has shown President Joe Biden trailing behind his predecessor Donald Trump in a hypothetical November 2024 match.

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1 min  |
September 26, 2023
Excessive clout of 1-2 boar in big banks: Das members
Financial Express Mumbai

Excessive clout of 1-2 boar in big banks: Das members

RBI has asked lenders to desist from such practices

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1 min  |
September 26, 2023
Financial Express Mumbai

AI, ML adoption can boost profitability for IT firms: Study

MORE THAN HALF of tech professionals across the world, mostly the senior leadership, believe that adopting technologies like artificial intelligence (AI) and machine learning (ML) will be important in achieving business goals over the next three years.

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1 min  |
September 26, 2023