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Financial Express Mumbai

Battle Royal begins in Indian midsize bike segment

BAJAJ-TRIUMPH, HARLEY & ROYAL ENFIELD KICKSTART RACE

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2 mins  |
June 29, 2023
Financial Express Mumbai

Indices surge to new closing highs

NIFTY HITS 19,000 FOR FIRST TIME

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2 mins  |
June 29, 2023
Financial Express Mumbai

Vedanta to set up $4-bn display glass unit in Guj

ANIL AGARWAL'S VEDANTA Group has finalised its plans to set up a $4 billion (around ₹33,000 crore) unit in Gujarat to manufacture display glass used in electronic devices like smartphones, laptops, televisions, etc.

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2 mins  |
June 29, 2023
Financial Express Mumbai

RBI governor sees twin balance sheet advantage for growth

EVEN AS THE global financial system has been impacted by the banking crises in the US and Europe, the Indian banking sector has been stable and resilient, with sustained credit growth, low levels of nonperforming assets (NPAs) and adequate capital and liquidity buffers, Reserve Bank of India (RBI) governor Shaktikanta Das said in the foreword of the latest edition of the Financial Stability Report (FSR) released on Wednesday.

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2 mins  |
June 29, 2023
Overseas card spends out of tax net for now
Financial Express Mumbai

Overseas card spends out of tax net for now

No TCS on foreign remittances up to ₹7L/year

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2 mins  |
June 29, 2023
IPO listing time halved, FPI disclosures widen
Financial Express Mumbai

IPO listing time halved, FPI disclosures widen

SEBI DEFERS DECISION ON TER FOR MUTUAL FUNDS

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3 mins  |
June 29, 2023
Adani On Hindenburg Report: 'Targeted Misinformation'
Financial Express Mumbai

Adani On Hindenburg Report: 'Targeted Misinformation'

Group Financials, He Says, Are Now Healthier Than Ever Before

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2 mins  |
June 28, 2023
China Will Take Steps To Boost Green Transition
Financial Express Mumbai

China Will Take Steps To Boost Green Transition

CHINESE PREMIER LI Qiang on Tuesday said China will take steps to boost demand, invigorate markets, promote development while accelerating the green transition and opening "high level" parts of its economy to the outside world.

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1 min  |
June 28, 2023
Ratan Tata: I Have No Association With Crypto Of Any Form
Financial Express Mumbai

Ratan Tata: I Have No Association With Crypto Of Any Form

Veteran Industrialist And former Tata Group Chairman Ratan Tata on Tuesday said he has no associations with cryptocurrency of any form.

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1 min  |
June 28, 2023
PM Modi makes strong case for UCC
Financial Express Mumbai

PM Modi makes strong case for UCC

IN HIS FIRST public push for a Uniform Civil Code, Prime Minister Narendra Modi said on Tuesday that the country cannot have separate laws for its people, and that the Constitution obligates the State to secure a UCC for its citizens.

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3 mins  |
June 28, 2023
IBM can't acquire its way into tech's top ranks
Financial Express Mumbai

IBM can't acquire its way into tech's top ranks

A deal for Apptio will boost the company’s cloud business but still leave it trailing the industry’s AI innovators

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2 mins  |
June 28, 2023
Hunting for evidence
Financial Express Mumbai

Hunting for evidence

THE RISING USE OF TECHNOLOGY TO THWART PROBES OF ILLICIT TRADING ACTIVITY IS CONCERNING. BUT SEBI'S PROPOSED SOLUTION IS ANTITHETICAL TO THE PRINCIPLES OF JUSTICE

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4 mins  |
June 28, 2023
Financial Express Mumbai

Advantage Ukraine

Distracted Russia is certainly ina much weaker position in the ongoing war

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2 mins  |
June 28, 2023
Sharif, Zardari meet in UAE over election
Financial Express Mumbai

Sharif, Zardari meet in UAE over election

FORMER PAKISTAN PRIME minister Nawaz Sharif and former president Asif Ali Zardari have reportedly met in the UAE to consult and decide on the timing of the next general elections in the country and \"their respective share\" in the future set-up, a media report said on Tuesday.

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1 min  |
June 28, 2023
Financial Express Mumbai

Ukraine steps up call for 'invitation' to join NATO

PRESIDENT VOLODYMYR ZELENSKIY stepped up calls for Ukraine to receive a \"political invitation\" to join NATO when the military alliance holds a summit in Lithuania next month. Zelenskiy also reiterated demands for security guarantees if Ukraine, which has been invaded by Russia, is not given membership of the alliance in the near future.

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1 min  |
June 28, 2023
PUTIN HONOURS DEAL: Russia withdraws criminal charges against Prigozhin
Financial Express Mumbai

PUTIN HONOURS DEAL: Russia withdraws criminal charges against Prigozhin

The Wagner militia was supported by Russian state: Putin

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2 mins  |
June 28, 2023
Surging India internet stocks trounce Chinese peers, widening gap
Financial Express Mumbai

Surging India internet stocks trounce Chinese peers, widening gap

India's consumer technology stocks are on a tear this year, handsomely beating their larger rivals in China and widening the divergence between two of the world's largest equity markets.

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1 min  |
June 28, 2023
YouTube ad prompts calls to regulate finfluencers
Financial Express Mumbai

YouTube ad prompts calls to regulate finfluencers

A RECENT ADVERTISEMENT featuring Rachana Ranade, a chartered accountant and financial influencer, has attracted criticism from various quarters as it included a logo of the Union Ministry of Electronics and Information Technology along with that of YouTube.

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3 mins  |
June 28, 2023
HDFC-HDFC Bank boards to approve merger on June 30
Financial Express Mumbai

HDFC-HDFC Bank boards to approve merger on June 30

THE BOARD OF Housing Development Finance Corporation and HDFC Bank will meet on June 30 to approve the merger between these two entities. The meeting will be held after office hours and is expected to be HDFC's final meeting.

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1 min  |
June 28, 2023
INVESTORS SEEK TO CLIP FOUNDER'S CONTROL: Byju's aims to raise $1 bn to avert revolt by shareholders
Financial Express Mumbai

INVESTORS SEEK TO CLIP FOUNDER'S CONTROL: Byju's aims to raise $1 bn to avert revolt by shareholders

Company offering liquidation preference to potential new backers

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2 mins  |
June 28, 2023
Financial Express Mumbai

Kerala receives 65% deficit rainfall so far: IMD

KERALA HAS RECEIVED deficient rainfall so far this monsoon season, according to the India Meteorological Department (IMD). The southwest monsoon arrived in Kerala on June 8, nearly a week after its normal onset date of June 1.

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1 min  |
June 28, 2023
Financial Express Mumbai

India-UK FTA should've strong investment protections, says British minister

A BRITISH MINISTER said on Tuesday he would like to see strong investment protections in any future trade deal with India, and that the two countries could work more closely together on financial services even without a trade pact.

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1 min  |
June 28, 2023
Highways construction target to be raised to 38 km per day
Financial Express Mumbai

Highways construction target to be raised to 38 km per day

THE GOVERNMENT IS planning to raise the highway construction target for the current financial year, and it may now be pegged higher at about 14,000 km, up from 12,500 km set at the start of the year.

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2 mins  |
June 28, 2023
Google appeals against NCLAT order in SC
Financial Express Mumbai

Google appeals against NCLAT order in SC

TECH MAJOR, GOOGLE on Tuesday filed its appeal in the Supreme Court, challenging the National Company Law Appellate Tribunal's March order upholding the fine of ₹1,338 crore imposed on it by the Competition Commission of India (CCI).

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1 min  |
June 28, 2023
Vedanta-Foxconn submits fresh plan for making chips
Financial Express Mumbai

Vedanta-Foxconn submits fresh plan for making chips

AFTER FAILING TO get a technology partner to make 28-nanometer chips, Vedanta-Foxconn JV has submitted a revised application for making less complex and cheaper 40-nanometer chips.

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2 mins  |
June 28, 2023
AI gets CCI notice on Vistara merger
Financial Express Mumbai

AI gets CCI notice on Vistara merger

Fair trade regulator wants to examine competition issues

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2 mins  |
June 28, 2023
Future Generali compliant expenses of management with new norms: MD
Financial Express Mumbai

Future Generali compliant expenses of management with new norms: MD

FUTURE GENERALI INDIA has the choice to \"reward\" its channel partners for building better customer franchise across product categories in different geographies as the insurer is currently compliant with the new expenses of management (EOM) norm.

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1 min  |
June 27, 2023
Financial Express Mumbai

RBI, govt need to have constant dialogue: Das

RELATIONSHIP THE BETWEEN the central bank and government in any country is one of interdependence. Therefore, there needs to be a constant dialogue between the two institutions, Reserve Bank of India (RBI) governor told financial magazine Central Banking in an interview.

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2 mins  |
June 27, 2023
Financial Express Mumbai

Equitas SFB: Growth momentum remains steady

Expect enhancement in asset quality ratios, PCR to reach 70% by 2025

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2 mins  |
June 27, 2023
Apollo Tyres to enhance ROCE
Financial Express Mumbai

Apollo Tyres to enhance ROCE

Company may invest $15-20 bn over 2.5 yrs to establish a PCR plant

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1 min  |
June 27, 2023