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Financial Express Mumbai

SEZ units to get more tax relief

RODTEP benefits may be extended to cover export-oriented units

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2 mins  |
February 19, 2024
India to bet big on foreign capital to jumpstart capex
Financial Express Mumbai

India to bet big on foreign capital to jumpstart capex

Move in the backdrop of moderation of public investment growth

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2 mins  |
February 19, 2024
Call record storage to be anonymised now
Financial Express Mumbai

Call record storage to be anonymised now

TELECOM OPERATORS WILL soon have to store call detail records (CDRs) of subscribers in an anonymised format. The department of Telecommunications will direct telcos to do so to prevent misuse of consumer data in case of a breach of network security.

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1 min  |
February 19, 2024
Sharif gave up prime minister post for daughter, say sources
Financial Express Mumbai

Sharif gave up prime minister post for daughter, say sources

Got 2 options from Army: premiership or CM post for Maryam

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2 mins  |
February 18, 2024
Jaiswal: 2 openers for price of one
Financial Express Mumbai

Jaiswal: 2 openers for price of one

THERE ARE TWO Yashasvi Jaiswals cohabiting harmoniously in the young Indian opener.

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2 mins  |
February 18, 2024
The future of social media could be decentralised
Financial Express Mumbai

The future of social media could be decentralised

After being invite-only for overa year, micro-blogging social platform Bluesky opened to all users earlier this month

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3 mins  |
February 18, 2024
Power Grid unfazed by proposed changes in O&M norms by CERC
Financial Express Mumbai

Power Grid unfazed by proposed changes in O&M norms by CERC

POWER GRID CORPORATION expects \"no impact\" from proposed changes in Operation & Maintenance (O&M) charges norms by Central Electricity Regulatory Commission (CERC), a top company official said.

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1 min  |
February 18, 2024
Bandhan Bank to collect Bengal govt revenues
Financial Express Mumbai

Bandhan Bank to collect Bengal govt revenues

PRIVATE LENDER BANDHAN Bank on Saturday said that it has been authorised by the West Bengal government to collect tax and non-tax receipts on its behalf.

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1 min  |
February 18, 2024
Govt hikes FCI's authorised capital to ₹21,000 crore
Financial Express Mumbai

Govt hikes FCI's authorised capital to ₹21,000 crore

Raise will help boost operational capabilities

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1 min  |
February 18, 2024
GSLV rocket successfully injects meteorological satellite into orbit
Financial Express Mumbai

GSLV rocket successfully injects meteorological satellite into orbit

MOVING AHEAD ON its mission to study the Earth and ocean surfaces, ISRO on Saturday successfully launched its next generation weather observation satellite INSAT3DS onboard a GSLV rocket into a precise orbit.

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2 mins  |
February 18, 2024
Jnanpith to Gulzar, Sanskrit scholar Rambhadracharya
Financial Express Mumbai

Jnanpith to Gulzar, Sanskrit scholar Rambhadracharya

RENOWNED URDU POET Gulzar and Sanskrit scholar Jagadguru Rambhadracharya have been named the recipients of the 58th Jnanpith Award, the Jnanpith selection committee announced on Saturday.

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1 min  |
February 18, 2024
Focus on development: Modi
Financial Express Mumbai

Focus on development: Modi

PRIME MINISTER NARENDRA Modi on Saturday asked BJP members to build the party's Lok Sabha poll campaign around the government's development and pro-poor welfare initiatives besides the measures to enhance the country's global standing, asserting that winning 370 seats will be a true tribute to its key ideologue Syama Prasad Mookerjee.

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1 min  |
February 18, 2024
Financial Express Mumbai

All that glitters is recycled gold

THE WORLD'S BIGGEST jewellery company, Pandora, recently announced use of 100% recycled silver and gold in its jewellery to reduce environmental footprint.

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3 mins  |
February 18, 2024
Financial Express Mumbai

Once topseller, Alto no more in top 10

MARUTI'SALTO, WHICH was the largest selling car for 17 years, and the best-selling till 2019, had dropped from the top 10 bestselling cars list.

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1 min  |
February 18, 2024
Dr Reddy's may join race to acquire Novartis' India arm
Financial Express Mumbai

Dr Reddy's may join race to acquire Novartis' India arm

HYDERABAD-BASED DR REDDY'S Laboratories is reportedly looking to pick up Novartis AG's entire stake in Novartis India.

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1 min  |
February 18, 2024
Masayoshi Son to build $100-bn AI chip venture
Financial Express Mumbai

Masayoshi Son to build $100-bn AI chip venture

SOFTBANK GROUP FOUNDER Masayoshi Son is seeking as much as $100 billion to bankroll a chip venture to compete with Nvidia Corp and supply semiconductors essential for AI, according to people with knowledge of the matter.

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3 mins  |
February 18, 2024
Will seek new opportunity: Sony
Financial Express Mumbai

Will seek new opportunity: Sony

WITH THE PROPOSED merger of its Indian arm with Zee terminated, Sony will seek various options, including finding another opportunity to replace the plan and organic growth opportunities in India, which has great potential in the long term, according to a top company official.

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1 min  |
February 17, 2024
No fresh RBI curbs on fintechs
Financial Express Mumbai

No fresh RBI curbs on fintechs

THE RESERVE BANK of India (RBI) is not planning to impose stricter norms for the fintech sector, after the regulator barred Paytm Payment Bank to accept deposits.

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1 min  |
February 17, 2024
OpenAl launches new text-to-video tool Sora
Financial Express Mumbai

OpenAl launches new text-to-video tool Sora

MICROSOFT-BACKED OPENAI is working on software that can generate minute-long videos based on text prompts, the company has said.

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1 min  |
February 17, 2024
TT's best two beaten. Both by Indians
Financial Express Mumbai

TT's best two beaten. Both by Indians

IN THE WEE hours of Friday morning in Busan, Ayhika Mukherjee and Sreeja Akula produced something incredible.

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3 mins  |
February 17, 2024
Amazon eyes better sales with Pay Later
Financial Express Mumbai

Amazon eyes better sales with Pay Later

AT A TIME when about 35-40% of the smartphone sales in the country is happening through easy financing schemes, Amazon India is looking to boost the take up of its in-house Pay Later service through better offers in the current year.

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2 mins  |
February 17, 2024
Financial Express Mumbai

Oberoi, Mariott sign pact for 2 Mumbai hotels

PROPERTY DEVELOPER OBEROI Realty on Friday said it has entered into an agreement with Marriott International to manage two new hotels in the Mumbai Metropolitan Region (MMR).

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1 min  |
February 17, 2024
SBI seeks lower CRR on green deposits: Khara
Financial Express Mumbai

SBI seeks lower CRR on green deposits: Khara

STATE BANK OF India (SBI) has requested the Reserve Bank of India (RBI) to lower the cash reserve ratio (CRR) requirement for green deposits, chairman Dinesh Khara said at an event on Friday.

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1 min  |
February 17, 2024
Financial Express Mumbai

Tech revenue growth falls to 3.8% in FY24: Nasscom

THE REVENUE OF domestic technology industry, including hardware, is expected to increase to $253.9 billion this fiscal. That represents a growth of 3.8%, compared with the previous year's 8.4%, according to industry body Nasscom's Strategic Review 2024 report.

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1 min  |
February 17, 2024
JSW Group to invest ₹65K cr in Odisha biz
Financial Express Mumbai

JSW Group to invest ₹65K cr in Odisha biz

SAJJAN JINDAL-LED JSW GROUP will invest 65,000 crore to set up an integrated green steel manufacturing complex in Odisha, which will also have a cement facility and a port for its use.

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2 mins  |
February 17, 2024
Financial Express Mumbai

BSNL loss expands to ₹1,569 cr in Q3; revenue increases 12%

STATE-OWNED BHARAT Sanchar Nigam's (BSNL) consolidated net loss has risen to ₹1,569 crore in the October-December quarter, from 1,481 crore in the preceding quarter.

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2 mins  |
February 17, 2024
Financial Express Mumbai

Defence purchases worth €85,000 cr get green light

THE DEFENCE ACQUISITION Council (DAC) on Friday cleared a series of big-ticket procurements worth ₹ 84,560 crore for the armed forces including 15 maritime reconnaissance and multi-mission maritime aircraft for the Navy and the Coast Guard as well as six flight refueller aircraft for the IAF and new generation anti-tank mines for the Army.

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2 mins  |
February 17, 2024
Financial Express Mumbai

India growth may exceed 6% this decade: Goldman

INDIA'S ECONOMIC GROWTH may exceed 6% for the rest of the decade, driving more investments from China into the South Asian country, Goldman Sachs Group's India economist said.

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1 min  |
February 17, 2024
BID TO MONETISE NON-CORE ASSETS RINL puts 14 acres of land on the block
Financial Express Mumbai

BID TO MONETISE NON-CORE ASSETS RINL puts 14 acres of land on the block

Rashtriya PRIVATISATION-BOUND Ispat Nigam (RINL) will sell about 14 acres of land in Visakhapatnam to monetise non-core assets to raise working capital.

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1 min  |
February 17, 2024
Financial Express Mumbai

Ashwin's 25,714 calculated steps to reach Mt 500

A CONTENT SMILE spread on Ravichandran Ashwin's face, when he grabbed his 500th Test scalp and waved the ball towards the audience in the stands.

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2 mins  |
February 17, 2024