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Financial Express Hyderabad

Apple rally unabated amid sluggish growth

APPLE HAS THE slowest revenue growth among Big Tech stocks and is facing tariff-related risks going into Donald Trump's second term.

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1 min  |
December 11, 2024
Financial Express Hyderabad

Rebel-backed leader assumes charge as interim Syrian PM

SYRIA'S NEW INTERIM leader announced on Tuesday he was taking charge of the country as caretaker prime minister with the backing of the former rebels who toppled President Bashar al-Assad three days ago.

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1 min  |
December 11, 2024
Financial Express Hyderabad

Apple rally unabated amid sluggish growth

APPLE HAS THE slowest revenue growth among Big Tech stocks and is facing tariff-related risks going into Donald Trump's second term.

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1 min  |
December 11, 2024
Financial Express Hyderabad

Expect retail loans to drive incremental advances'

City Union Bank, traditionally focused on MSMEs, has expanded into retail lending.

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1 min  |
December 11, 2024
Restoring inflation-growth balance most important: Das
Financial Express Hyderabad

Restoring inflation-growth balance most important: Das

THE OUTGOING GOVERNOR of the Reserve Bank of India (RBI), Shaktikanta Das, said on Tuesday that restoring the inflation-growth balance is the most important task ahead for the central bank.

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1 min  |
December 11, 2024
Financial Express Hyderabad

Equity MF inflows in November drop 14%

Second consecutive month of SIP inflows crossing the ₹25,000-crore mark

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2 mins  |
December 11, 2024
Financial Express Hyderabad

A hard 'taskmaster' with 'memory of an elephant'

SANJAY MALHOTRA, A career civil servant who has mostly kept a low profile, was picked as the governor of the Reserve Bank of India (RBI), replacing Shaktikanta Das who is leaving after a six-year stint.

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1 min  |
December 11, 2024
Financial Express Hyderabad

SP Group sells Mumbai land for ₹455 cr

THE SHAPOORJI PALLONJI Group has sold a 19,589.22 sq ft land parcel in the upscale Juhu locality of Mumbai to Agarwal Holdings for ₹455 crore.

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1 min  |
December 11, 2024
Financial Express Hyderabad

GenAI to play key role in fighting cyber risks: TCS

TO COMBAT THE rising menace of GenAI-powered cyberattacks, Tata Consultancy Services (TCS) on Tuesday suggested a counter-intuitive approach: just like fighting fire with fire, organisations must deploy GenAI-powered threat detection and response systems.

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1 min  |
December 11, 2024
Financial Express Hyderabad

Re nears 85 as rate cut bets rise

THE MARKET WILL closely watch the new governor's strategy of handling pressure on the rupee.

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1 min  |
December 11, 2024
Financial Express Hyderabad

RPower sets up green arm, names CEO, COO

RELIANCE POWER on Tuesday announced setting up its renewable energy business arm, Reliance NU Energies, and appointed Mayank Bansal as chief executive officer and Rakesh Swaroop as chief operating officer of the subsidiary.

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1 min  |
December 11, 2024
Legacy firms wrest 51% of EV 2W pie
Financial Express Hyderabad

Legacy firms wrest 51% of EV 2W pie

THE DELHI-BASED COMPANY also more than doubled its volumes and retained its tag of being the fifth largest player in this category with a 6% market share.

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1 min  |
December 11, 2024
Financial Express Hyderabad

Fintech firm Jar's jewellery e-comm bet yields results

TIGER GLOBAL-BACKED FINTECH startup Jar, best known for its digital gold savings offering, has crossed ₹100 crore in annualised recurring revenue (ARR) from its jewellery e-commerce vertical Nek, just nine months after its launch in February, co-founder and CEO Nishchay AG said.

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1 min  |
December 11, 2024
Financial Express Hyderabad

Most APAC firms see benefits of AI in 2-5 years: IBM survey

Nearly 60% of surveyed organisations across the Asia-Pacific region (APAC) anticipate realising the benefits of their artificial intelligence (AI) investments within two to five years, a recent study commissioned by IBM, titled \"APAC AI Outlook 2025\", said.

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1 min  |
December 11, 2024
Financial Express Hyderabad

Adani seeks fresh lifeline for troubled $2-bn power plant

SEEKING MORE CONCESSIONS

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2 mins  |
December 11, 2024
Financial Express Hyderabad

'Nano units helping us bridge service gap for new-age channels'

Hindustan Unilever (HUL), the country's largest consumer goods company, runs a network of 28 factories and 35 warehouses, producing over 75 billion units across 2,000+ products annually.

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3 mins  |
December 11, 2024
Financial Express Hyderabad

Global airlines may surpass $1-trn revenue mark in 2025

THE GLOBAL AIRLINE industry is projected to report a net profit of $36.6 billion in 2025, slightly higher than expected this year, helped by lower oil prices and cost control, IATA said on Tuesday.

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1 min  |
December 11, 2024
Financial Express Hyderabad

RIL, L&T arm, ReNew bid for green hydrogen sops

RELIANCE GREEN HYDROGEN, L&T Energy, ReNew E-Fuels, Waaree Clean Energy, Avaada Green H2, and AM Green are among 14 companies that have placed bids for financial incentives linked to green hydrogen production.

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1 min  |
December 11, 2024
Financial Express Hyderabad

Peripheral areas witness bigger spike in home prices than prime locations

NEWER REAL ESTATE micro markets have seen higher price growth over the past six years than many prime locations across the top 7 cities, a report by Anarock showed.

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1 min  |
December 11, 2024
Financial Express Hyderabad

Amazon enters q-commerce race with 15-minute delivery

JOINING THE RUSH

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2 mins  |
December 11, 2024
Financial Express Hyderabad

Will focus on fintech, consumer startups, says Stride Ventures

AS IT LOOKS at its next phase of growth, venture debt firm Stride Ventures will increase focus on investments in consumer, fintech, and cleantech startups and reduce exposure to the B2B sector.

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1 min  |
December 11, 2024
Financial Express Hyderabad

Inoperative Jan Dhan accounts have ₹14,750 cr balance

INOPERATIVE BANK ACCOUNTS under Pradhan Mantri Jan Dhan Yojana (PMJDY) have a balance of ₹14,750 crore as of November 20, 2024, the finance ministry informed Rajya Sabha on Tuesday.

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1 min  |
December 11, 2024
Financial Express Hyderabad

Highway construction declines 6.6% on year

HIGHWAY CONSTRUCTION IN the first eight months of this fiscal stood close to 4,900 km, which is 6.6% lower than 5,248 km in the same period last year.

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1 min  |
December 11, 2024
Financial Express Hyderabad

Industry body seeks separate policy for stainless steel sector

INDUSTRY BODY ISSDA has urged the government to formulate a separate policy for the stainless steel industry.

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1 min  |
December 11, 2024
Financial Express Hyderabad

PM to lay out plan for socio-economic growth

Agenda includes jobs, manufacturing, and MSMEs

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1 min  |
December 11, 2024
Financial Express Hyderabad

Retail inflation likely fell sharply to 5.6% in Nov

Decline was mainly due to cooling of vegetable prices

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1 min  |
December 11, 2024
Financial Express Hyderabad

Verdict is clear: Mega merger unlikely to threaten WPP's stupendous lead in India

Globally, Omnicom is the bigger of the two partners; but in India, IPG is at least three times larger than Omnicom, and WPP is double the size of IPG

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2 mins  |
December 10, 2024
Financial Express Hyderabad

SVOD audience falls 2% in India: Report

INDIA'S SUBSCRIPTION VIDEO-ON-DEMAND (SVOD) audience base has witnessed a slight decline, dropping by 2%, from 153 million in 2023 to 150.6 million in 2024, according to The Ormax SVOD Audience Report: 2024.

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1 min  |
December 10, 2024
Financial Express Hyderabad

Omnicom takes aim at Big Tech, AI with $13-bn Interpublic deal

TRADITIONAL PLAYERS LOOK TO COMPETE BETTER WITH BIG TECH FIRMS

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2 mins  |
December 10, 2024
Luxury property market is a boon to Trump's biz
Financial Express Hyderabad

Luxury property market is a boon to Trump's biz

WHEN DONALD J. Trump started his first campaign for the presidency, two Trump-branded buildings were going up in India, one in the financial capital of Mumbai and the other nearby in Pune.

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3 mins  |
December 10, 2024