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Financial Express Lucknow

Nestle: Swiss withdrawal of MFN status to not affect ops

NESTLE INDIA HAS clarified that the suspension of the most favoured nation (MFN) clause granted to India by Switzerland will not affect its operations.

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1 min  |
December 20, 2024
Financial Express Lucknow

Accenture lifts FY25 growth forecast; Q1 revenue up 8%

● Wipro, Infosys ADRs trade up

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2 mins  |
December 20, 2024
Financial Express Lucknow

CCI conducts raids on liquor majors AB InBev, Pernod

THE COMPETITION COMMISSION of India (CCI) has raided some offices of alcohol giants Pernod Ricard and Anheuser-Busch InBev as it investigates accusations of price collusion with retailers in Telangana, sources familiar with the matter said.

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December 20, 2024
Financial Express Lucknow

MTNL to get BSNL support for assets

● Services in Delhi & Mumbai to be managed by BSNL

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2 mins  |
December 20, 2024
Financial Express Lucknow

Startups fire fewer employees, ramp up hiring in 2024

WITH FUNDING SHOWING signs of recovery, startups seem to be bouncing back. Layoffs by startups have dropped sharply in 2024 and hiring is also on the rise, data from layoffs.fyi showed.

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1 min  |
December 20, 2024
Financial Express Lucknow

Push for local solar cells may raise project costs

THE GOVERNMENT'S DECISION to include solar cells in the Approved Lists of Models and Manufacturers — though it will be implemented from June 1, 2026 — may in the short term inflate delivered costs of domestic modules, drive up the capital cost of projects, and affect timelines, analysts say.

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1 min  |
December 20, 2024
Financial Express Lucknow

DoT asked to diversify revenue streams

The Standing Committee on communications and information technology has asked the Department of Telecommunications (DoT) to diversify its revenue streams from the telecom sector to increase the government's revenue without burdening the industry excessively.

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1 min  |
December 20, 2024
Financial Express Lucknow

First big trade data review since 2011 likely

IT COULD BE a throwback to 2011 for the commerce ministry as it is having a relook at gold import data for November.

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1 min  |
December 20, 2024
Financial Express Lucknow

No sugar exports for now: Official

● Industry urges govt to allow 2 MT of shipments

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1 min  |
December 20, 2024
Financial Express Lucknow

Niti suggests dormitory beds for factory workers at ₹2,000 a month

WITH INDIA REQUIRING 25 million beds for industrial workers in the next decade, a Niti Aayog report on Thursday suggested lower property tax, power and water tariffs to provide dormitory beds at an affordable cost of ₹2,000/month under the public-private partnership (PPP) model near factory sites.

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1 min  |
December 20, 2024
Financial Express Lucknow

UK PM hosts Indian business leaders to boost investments

UK PRIME MINISTER Keir Starmer hosted a delegation of 13 Indian companies at 10 Downing Street in London, with the British government describing it as a \"curated visit\" to enhance bilateral partnership and boost investments.

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1 min  |
December 20, 2024
Financial Express Lucknow

Road assets in InvITs to soar 70% in FY26

ASSETS UNDER MANAGEMENT (AUM) of infrastructure investment trusts (InvITs) in the road sector are poised to surge to ₹3.2 lakh crore by the end of 2025-26 from ₹1.9 lakh crore in September this year, according to a report by Crisil Ratings.

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1 min  |
December 20, 2024
Financial Express Lucknow

Health insurance cover for OPD expenses to rise, says official

MORE HEALTH INSURANCE companies would start offering insurance cover on outpatient department (OPD) expenses, said Kiran Gopal Vaska, joint secretary and mission director (Ayushman Bharat Digital Mission) at the National Health Authority (NHA).

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1 min  |
December 20, 2024
Financial Express Lucknow

Adani did not remit savings from India tax break it got: Bangla govt

BANGLADESH'S INTERIM GOVERNMENT has accused Adani Power of breaching a multi-billion-dollar energy supply agreement by withholding tax benefits that a power plant central to the deal received from New Delhi, according to documents seen by Reuters.

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1 min  |
December 20, 2024
Financial Express Lucknow

'EV market to touch ₹20L cr by 2030'

UNION ROAD TRANSPORT and highways minister Nitin Gadkari on Thursday said the electric vehicle market in the country is likely to touch ₹20 lakh crore and create around 50 million jobs across the ecosystem by 2030.

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December 20, 2024
Financial Express Lucknow

Curb subsidies to build critical infrastructure, RBI tells states

● Says too many central schemes undermine cooperative federalism

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2 mins  |
December 20, 2024
Financial Express Lucknow

Highway infra trust to raise ₹15,000 cr; halts bond sale plan

The National Highways Infrastructure Trust (NHIT), promoted by the National Highways Authority of India (NHAI), will raise around ₹15,000 crore through a mix of debt and equity for acquisition of the next round of assets in the next two months, a senior official said.

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1 min  |
December 20, 2024
2W sales skid sharp 19% in Dec
Financial Express Lucknow

2W sales skid sharp 19% in Dec

US PRESIDENT-ELECT DONALD Trump has said that India charges \"a lot\" of tariffs, reiterating his intention to impose reciprocal tariffs in retaliation for what New Delhi will impose on the import of certain American products.

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2 mins  |
December 19, 2024
Financial Express Lucknow

H-1B overhaul a boon for Indian techies

THE US GOVERNMENT on Tuesday announced major reforms in its popular H-1B visa programme, a move that is expected to help thousands of Indian tech professionals.

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1 min  |
December 19, 2024
Sebi tightens SME listing regulations
Financial Express Lucknow

Sebi tightens SME listing regulations

● Performance validation agency PaRRVA set up

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2 mins  |
December 19, 2024
Financial Express Lucknow

Trump threatens to impose reciprocal tariffs on India

US PRESIDENT-ELECT DONALD Trump has said that India charges \"a lot\" of tariffs, reiterating his intention to impose reciprocal tariffs in retaliation for what New Delhi will impose on the import of certain American products.

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2 mins  |
December 19, 2024
Financial Express Lucknow

'Had fun but it's time': Ashwin bows out of internationals with shock retirement call

RASHWIN STOOD IN the corridor outside the press conference room after the third Test ended in a draw. Captain Rohit Sharma, walking just ahead of him, gestured to the waiting journalists. \"Sab pata chalega abhi (everything will be known now),\" he said with a laugh, perhaps in reference to the buzz in the press box and on social media about the possible retirement of a \"big player\".

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3 mins  |
December 19, 2024
Financial Express Lucknow

US announces H-1B visa overhaul, Indian techies to benefit

THE US GOVERNMENT on Wednesday announced major reforms in its popular H-1B visa programme, a move that is expected to help thousands of Indian tech professionals.

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2 mins  |
December 19, 2024
Financial Express Lucknow

Navy boat hits ferry off Mumbai coast, 13 dead

A PRIVATE FERRY, carrying more than 110 passengers to Elephanta Island off Mumbai coast, capsized after a Navy speedboat crashed into it on Wednesday.

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1 min  |
December 19, 2024
Financial Express Lucknow

Free healthcare for senior citizens: Kejriwal

AHEAD OF DELHI Assembly elections next year, AAP national convener and former CM Arvind Kejriwal announced that all citizens of Delhi aged above 60 will get free medical care in government and private hospitals if his party returns to power.

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1 min  |
December 19, 2024
Financial Express Lucknow

Trump threatens to impose reciprocal tariffs on India

HE MADE THE remarks while responding to a question on a potential trade agreement with China.

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2 mins  |
December 19, 2024
Financial Express Lucknow

2W sales skid sharp 19% in Dec

\"TWO-WHEELER SALES did very well in October and November on the back of festival and wedding season.

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1 min  |
December 19, 2024
Financial Express Lucknow

Opposition seeks Shah's resignation

● PM defends HM; slams Cong & its 'rotten ecosystem'

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2 mins  |
December 19, 2024
Financial Express Lucknow

Enhancing customer journey in the cloud

ORACLE has created Customer Success Services (CSS) to provide comprehensive support for customers using its cloud tools.

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1 min  |
December 19, 2024
Financial Express Lucknow

Drones deliver new hope to farmers

● Aerial tech enhances farming efficiency, can tackle workforce woes

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2 mins  |
December 19, 2024