CATEGORIES

Ericsson India sales jump nearly 4 times
Financial Express Mumbai

Ericsson India sales jump nearly 4 times

WHILE GLOBAL COMMUNICATIONS service provider Ericsson reported an overall weak earnings performance in the July-September quarter, the company in India witnessed nearly a four-fold increase in sales year-on-year (y-o-y).

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1 min  |
October 18, 2023
Tata Motors looking at 50% EV portfolio
Financial Express Mumbai

Tata Motors looking at 50% EV portfolio

TATA MOTORS ON Tuesday announced that it is working toward achieving the aspirational target of having 50% of its total automobile sales as electric vehicles (EVS) by 2030.

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2 mins  |
October 18, 2023
Vedanta scouting Japanese partners for chip business
Financial Express Mumbai

Vedanta scouting Japanese partners for chip business

ANIL AGARWAL-LED VEDANTA is looking to partner with Japanese companies for its semiconductor and display glass manufacturing business in India.

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1 min  |
October 18, 2023
Invesco marks up Swiggy valuation to $7.85 billion
Financial Express Mumbai

Invesco marks up Swiggy valuation to $7.85 billion

This comes after two back-to-back cuts by the US fund manager

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1 min  |
October 18, 2023
Licence fee: Telcos may file plea in SC
Financial Express Mumbai

Licence fee: Telcos may file plea in SC

HIT BY AN adverse order on the treatment of licence fee, telecom operators are likely to file a review petition in the Supreme Court. The plea will be on on the lines of the adjusted gross revenue (AGR) matter, where they were hit by an adverse ruling in October 2019.

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2 mins  |
October 18, 2023
Mandi prices of pulses, cotton rule above MSP
Financial Express Mumbai

Mandi prices of pulses, cotton rule above MSP

PRICES OF SEVERAL kharif crops - cotton, tur, groundnut, maize and moong, whose arrivals have commenced are currently ruling above Minimum Support Price (MSP) by 4.5-43% at various agricultural produce marketing committee (APMC) yards across the country.

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1 min  |
October 18, 2023
'Rural workers' Q1 wages growth quickest in 5 years'
Financial Express Mumbai

'Rural workers' Q1 wages growth quickest in 5 years'

Modest growth in casual worker pay

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2 mins  |
October 18, 2023
OMCS to register a weak Q2
Financial Express Mumbai

OMCS to register a weak Q2

Sequential rise in refining margins may have provided a cushion

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3 mins  |
October 18, 2023
Financial Express Mumbai

H1 highway construction in the slow lane

THE PACE OF highway construction fell sharply in September with only 371 km of stretches completed during the month which is much lower than the average of 639 km a month in the April-August period.

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1 min  |
October 18, 2023
Rise in debt & guarantees a concern for states: Icra
Financial Express Mumbai

Rise in debt & guarantees a concern for states: Icra

'Capex by 13 states reviewed to rise 29% in FY24'

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2 mins  |
October 18, 2023
India to spend ₹143 trn on infra by 2030: Crisil
Financial Express Mumbai

India to spend ₹143 trn on infra by 2030: Crisil

Report calls for tweaks in pay-offs and risk-sharing

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2 mins  |
October 18, 2023
'Our network will be 35% bigger by December-end'
Financial Express Mumbai

'Our network will be 35% bigger by December-end'

OUR INVESTORS GAVE US CERTAIN MONEY TO SET UP THE AIRLINE, BUT WE HAVEN'T SPENT EVEN ONE RUPEE OF THAT

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4 mins  |
October 18, 2023
Capital infusion in OMCs set for a cut
Financial Express Mumbai

Capital infusion in OMCs set for a cut

THE CAPITAL INFUSION plan for state-run oil marketing companies (OMCs) may turn out to be much lower than the budgeted level of ₹30,000 crore in the current fiscal.

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3 mins  |
October 18, 2023
Cricket reaches Olympics, via IPL
Financial Express Mumbai

Cricket reaches Olympics, via IPL

AS CRICKET CHARTED its way back into the Olympic fold after more than 120 years, it had one major reference point: the Indian Premier League (IPL).

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3 mins  |
October 17, 2023
Financial Express Mumbai

YouTube says no child sexual abuse material on platform

IN RESPONSE TO the government's notice on removal of child sexual abuse material (CSAM), YouTube on Monday said it has not detected any such content on its platform after thorough investigations.

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1 min  |
October 17, 2023
100-140 soldiers died by suicide every year since 2001: Army
Financial Express Mumbai

100-140 soldiers died by suicide every year since 2001: Army

BETWEEN 100 AND 140 soldiers have died ever year of \"suicide/self-inflicted injuries\" since 2001, the Indian Army said on Tuesday night, adding that \"military funeral in such cases was not accorded\".

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1 min  |
October 17, 2023
SC rejects woman's plea to terminate 26-week pregnancy
Financial Express Mumbai

SC rejects woman's plea to terminate 26-week pregnancy

THE SUPREME COURT on Monday declined permission to a married woman to terminate her over 26-week pregnancy, saying the AIIMS medical board had found \"no substantial foetal abnormalities\" and a pre-term delivery carried the risk of being born with physical and mental deformities.

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2 mins  |
October 17, 2023
Financial Express Mumbai

May make AAP accused in excise policy case: ED

Contemplating invoking PMLA to probe vicarious liability: ED to SC

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3 mins  |
October 17, 2023
Financial Express Mumbai

India to skip BRI summit again

This year marks the completion of 10 years of the event

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3 mins  |
October 17, 2023
PV sales race to record high
Financial Express Mumbai

PV sales race to record high

Cross 2-million mark in H1 of any fiscal for the first time

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1 min  |
October 17, 2023
India-Canada tensions unlikely to hit education loan NBFCs: Report
Financial Express Mumbai

India-Canada tensions unlikely to hit education loan NBFCs: Report

THE TENSIONS BETWEEN India and Canada are less likely to impact the assets under management of education loan nonbanking financial companies (NBFCs), CareEdge Ratings said in a report on Monday.

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2 mins  |
October 17, 2023
Dmart: More expansion plans in store
Financial Express Mumbai

Dmart: More expansion plans in store

General merchandise and apparel segment facing challenges

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2 mins  |
October 17, 2023
After password crackdown, Netflix may hike price
Financial Express Mumbai

After password crackdown, Netflix may hike price

NETFLIX'S CRACKDOWN ON password-sharing likely boosted subscribers by about 6 million in the third quarter and the streaming pioneer is expected to set the stage for price increases when it reports earnings on Wednesday.

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1 min  |
October 17, 2023
Financial Express Mumbai

Higher interest rates may stay; economy in good place: Yellen

TREASURY SECRETARY JANET Yellen said higher interest rates may persist, while insisting the US economy is \"in a good place.\"

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1 min  |
October 17, 2023
Financial Express Mumbai

Ceasefire plans stall as strike escalates

The past week has already seen the deadliest clashes since 2006

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2 mins  |
October 17, 2023
ISRAEL STEPS UP GAZA OFFENSIVE
Financial Express Mumbai

ISRAEL STEPS UP GAZA OFFENSIVE

In a speech to parliament, PM Benjamin Netanyahu said Israelis should prepare for a long battle

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1 min  |
October 17, 2023
Gold ETFs maintain shine despite September slip
Financial Express Mumbai

Gold ETFs maintain shine despite September slip

Remain a safe haven on inflation, West Asia conflict, say experts

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2 mins  |
October 17, 2023
'Fintechs face asset quality risks on high share of unsecured loans'
Financial Express Mumbai

'Fintechs face asset quality risks on high share of unsecured loans'

A HIGHER SHARE of unsecured personal loans poses a greater asset quality risk to fintechs as these entities run businesses at high operating costs, which make it difficult for them to absorb credit losses, say experts.

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2 mins  |
October 17, 2023
BOM Q2 profit surges 72% on higher interest income
Financial Express Mumbai

BOM Q2 profit surges 72% on higher interest income

BANK OF MAHARASHTRA (BOM) on Monday reported a 71.90% year-on-year (y-o-y) growth in its net profit to ₹920 crore for the JulySeptember quarter, led by a 23.55% growth in advances, a 28.88% rise in net interest income to ₹2,432 crore and an improvement in net interest margin to 3.89%.

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1 min  |
October 17, 2023
Federal Bank Q2 net profit rises on strong NII growth
Financial Express Mumbai

Federal Bank Q2 net profit rises on strong NII growth

PRIVATE SECTOR LENDER Federal Bank on Monday announced a 36% year-on-year increase in its net profit to ₹953.8 crore for the second quarter of the current financial year, driven by a healthy growth in net interest income and an improvement in asset quality.

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1 min  |
October 17, 2023