CATEGORIES

Infra projects worth ₹8 trn under works in Maha: CM
Financial Express Mumbai

Infra projects worth ₹8 trn under works in Maha: CM

INFRASTRUCTURE PROJECTS WORTH 8 trillion are currently under various stages of implementation in Maharashtra, the highest in any state, chief minister Eknath Shinde said on Friday.

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1 min  |
March 16, 2024
Financial Express Mumbai

OMCs to decide on more fuel price cuts, says Puri

Their profitability to play a role too, says oil minister

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1 min  |
March 16, 2024
Financial Express Mumbai

Links between electoral bonds and agency raids only assumption: FM

TERMING THE ALLEGATIONS of links of probe agency raids and donations through electoral bonds as \"assumptions\", finance minister Nirmala Sitharaman said on Friday that the funding mechanism scrapped by the Supreme Court was an improvement on the past and that the government may look at a more transparent method.

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2 mins  |
March 16, 2024
Financial Express Mumbai

Firms may process unclaimed shares, dividend refunds

Discussion paper floated for comments to expedite process

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2 mins  |
March 16, 2024
Financial Express Mumbai

Rural housing scheme to be revamped after polls

Financial support to be enhanced too

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1 min  |
March 16, 2024
Financial Express Mumbai

Exports up 12% in Feb, imports grow in tandem

INDIA'S MERCHANDISE EXPORTS grew 11.9% on year in February to $41.40 billion, the highest level in 11 months despite the headwinds from the Red Sea crisis and persistent geopolitical tensions and the stagnation in world trade.

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2 mins  |
March 16, 2024
Financial Express Mumbai

ICC TV rights: Star drags Zee to London arbitration court

STAR INDIA HAS initiated proceedings against Zee Entertainment in the London Court of International Arbitration over non-compliance of the agreement for the sub-licence of TV broadcasting rights of ICC international matches from 2024 to 2027.

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1 min  |
March 16, 2024
Financial Express Mumbai

Cracking the whip again: SC says SBI duty-bound to give bond numbers

A DAY AFTER the Election Commission (EC) released a list provided by State Bank of India (SBI) of all entities that purchased electoral bonds since April 2019 to make political donations, the Supreme Court on Friday expressed its displeasure over the non-disclosure of the bond numbers.

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3 mins  |
March 16, 2024
MF stress test reveals low liquidity in some schemes
Financial Express Mumbai

MF stress test reveals low liquidity in some schemes

SOME LEADING MUTUAL fund houses could need as many as 30 days to liquidate 25% of their small-cap schemes, a stress test mandated by the Securities and Exchange Board of India (Sebi) showed on Friday.

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2 mins  |
March 16, 2024
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