CATEGORIES

CRUDE A CONCERN, OUTLINES COMPANY - HUL to bring focus back on 19 brands
Financial Express Mumbai

CRUDE A CONCERN, OUTLINES COMPANY - HUL to bring focus back on 19 brands

Jawa says these brands with ₹1,000-cr turnover or more to drive topline

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1 min  |
October 21, 2023
Bowlers peg Bangladesh back on a flat surface
Financial Express Mumbai

Bowlers peg Bangladesh back on a flat surface

Jadeja used skill, experience, natural talent to outwit batters in middle overs

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2 mins  |
October 20, 2023
NLC charts out ₹83,000-crore capex plan
Financial Express Mumbai

NLC charts out ₹83,000-crore capex plan

To add 1 GW RE capacity in FY25, coal gasification plant to be operational by FY27

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2 mins  |
October 20, 2023
Govt forecasts stable food prices during festive season
Financial Express Mumbai

Govt forecasts stable food prices during festive season

Chopra said that rice prices are expected to see a sharp drop in the next three to four months with the harvesting of paddy crops

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2 mins  |
October 20, 2023
Nokia to cut 14,000 jobs in overhaul to save costs
Financial Express Mumbai

Nokia to cut 14,000 jobs in overhaul to save costs

NOKIA OYJ PLANS to cut as many as 14,000 jobs, or 16% of its workforce, as a dearth of investment in fifth-generation mobile infrastructure forces it to take cost-cutting measures.

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1 min  |
October 20, 2023
New regulation is changing the game for content creators
Financial Express Mumbai

New regulation is changing the game for content creators

From influencer to educator

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3 mins  |
October 20, 2023
Geopolitical tensions keep markets on tenterhooks
Financial Express Mumbai

Geopolitical tensions keep markets on tenterhooks

EQUITAS SFB Q2 PROFIT JUMPS 70% TO 2198 CRORE

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1 min  |
October 20, 2023
Asked Google to make Tensor chipset in India in three years, says Vaishnaw
Financial Express Mumbai

Asked Google to make Tensor chipset in India in three years, says Vaishnaw

AS GOOGLE ANNOUNCED its plans to manufacture Pixel smartphones in India, communications and IT minister Ashwini Vaishnaw has asked the company to also start manufacturing the Tensor chipset in the country within the next three years. Google Tensor is the custom-built chip that goes into Pixel smartphones to perform advanced tasks.

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1 min  |
October 20, 2023
Emirates to add premium economy on India flights from month-end
Financial Express Mumbai

Emirates to add premium economy on India flights from month-end

EMIRATES, ONE OF the world's biggest airlines, will add 'premium economy' seating options to and from Mumbai and Bengaluru by the end of this month to cash in on the persistent demand.

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1 min  |
October 20, 2023
UltraTech Cement profit jumps 69.6% to ₹1,281 cr
Financial Express Mumbai

UltraTech Cement profit jumps 69.6% to ₹1,281 cr

However, missed estimates on both profit and revenue

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2 mins  |
October 20, 2023
Birla Tyres insolvency: NCLT's nod to Himadri-Dalmia offer
Financial Express Mumbai

Birla Tyres insolvency: NCLT's nod to Himadri-Dalmia offer

HIMADRI SPECIALITY CHEMICAL on Thursday said that the National Company Law Tribunal (NCLT) has \"verbally\" approved the joint resolution plan submitted by the company and Dalmia Bharat Refractories to acquire Birla Tyres under the insolvency process.

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1 min  |
October 20, 2023
Go First extends cancellation of flights till Nov 30
Financial Express Mumbai

Go First extends cancellation of flights till Nov 30

FACING SEVERAL LEGAL hurdles, Go First has extended its flight cancellation period until November 30, due to operational reasons. The airline has been grounded since May 3 and is currently under bankruptcy protection.

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1 min  |
October 20, 2023
Tata Comm Q2 profit plunges 58%
Financial Express Mumbai

Tata Comm Q2 profit plunges 58%

TATA COMMUNICATIONS ON Thursday reported a 58% decline in its consolidated profit after tax to ₹221.26 crore for the second quarter ended September 30.

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1 min  |
October 20, 2023
Financial Express Mumbai

Pivoting from smaller clients to defend margins: Wipro CFO Iyer

WIPRO, THE COUNTRY'S fourth largest IT firm, saw the number of active clients fall by 51 during the second quarter.

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2 mins  |
October 20, 2023
One-time gain: Nestle profit up 37%
Financial Express Mumbai

One-time gain: Nestle profit up 37%

FMCG GIANT NESTLE India on Thursday said its consolidated net profit increased by 37.28 % y-o-y to ₹908.08 crore for the quarter ended September 30. The net profit includes a one-time gain of ₹106.4 crore.

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2 mins  |
October 20, 2023
ITC profit rises 6% on FMCG biz push
Financial Express Mumbai

ITC profit rises 6% on FMCG biz push

CIGARETTES-TO-HOTELS MAJOR ITC reported a consolidated net profit of ₹4,898 crore for Q2FY24, a growth of 6% versus the previous year, as it prepares to demerge its hotel business.

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1 min  |
October 20, 2023
Monsoon withdraws four days past usual date
Financial Express Mumbai

Monsoon withdraws four days past usual date

THE INDIA METEOROLOGICAL Department (IMD) on Thursday announced the complete withdrawal of southwest monsoon from the entire country four days later than the normal date of October 15, The southwest monsoon, which accounts for more than 75% of the annual rainfall, had commenced withdrawal from southwest Rajasthan,signalling the end of its four-month (June- September) journey.

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1 min  |
October 20, 2023
HUL profit up 4% on resilient urban spend
Financial Express Mumbai

HUL profit up 4% on resilient urban spend

Volume growth at 2% in Q2; rural demand remains subdued

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2 mins  |
October 20, 2023
Despite external risks, broad-based growth visible, says apex bank
Financial Express Mumbai

Despite external risks, broad-based growth visible, says apex bank

A BROAD-BASED gaining of momentum is discernible in high frequency economic indicators despite external risks, the Reserve Bank of India (RBI) said on Thursday, adding that a moderation in retail inflation in September from its July peak strengthened the macroeconomic fundamentals.

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2 mins  |
October 20, 2023
India needs its own protection and indemnity entity, says FM
Financial Express Mumbai

India needs its own protection and indemnity entity, says FM

FINANCE MINISTER NIRMALA Sitharaman on Thursday batted for an Indian-owned protection and indemnity (P&I) insurance entity to provide greater strategic flexibility in shipping operations that are vulnerable to international sanctions.

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1 min  |
October 20, 2023
Govt eases drawing rights to put spending on fast track
Financial Express Mumbai

Govt eases drawing rights to put spending on fast track

Sanction orders to be released to new agencies for central sector schemes

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2 mins  |
October 20, 2023
Tata Group plans $1 bn fresh capital infusion into super app
Financial Express Mumbai

Tata Group plans $1 bn fresh capital infusion into super app

TATA GROUP IS weighing to put in $1 billion of fresh capital into its super app venture as the salt to-software conglomerate seeks to improve the digital business, according to people familiar with the matter.

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1 min  |
October 20, 2023
Financial Express Mumbai

Sebi takes carrot & stick route on bond issuances

Both incentives as well as disincentives in new norms

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2 mins  |
October 20, 2023
Centre dilutes norms for laptop imports
Financial Express Mumbai

Centre dilutes norms for laptop imports

THE GOVERNMENT ON Thursday sought to allay the concerns over the decision to put imports of certain computer hardware in restricted category, with mandatory licensing, by coming up with a liberal authorisation process.

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1 min  |
October 20, 2023
Financial Express Mumbai

Made in India Google Pixel phone next year

GOOGLE ON THURSDAY said it will launch its first 'Made in India' Pixel phone next year. The company will manufacture its latest Pixel 8 series in India in partnership with domestic and international contract manufacturers.

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3 mins  |
October 20, 2023
IBM To Support Indian Startups, Researchers With AI Tools
Financial Express Mumbai

IBM To Support Indian Startups, Researchers With AI Tools

Inks MoUs with govt on semiconductor, quantum tech and AI

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2 mins  |
October 19, 2023
Can Cricket Propel India To The Top Of The Esports Game?
Financial Express Mumbai

Can Cricket Propel India To The Top Of The Esports Game?

JetSynthesys bets big on mobile games created in India

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2 mins  |
October 19, 2023
China's Economy Grows 4.9% In Q3
Financial Express Mumbai

China's Economy Grows 4.9% In Q3

CHINA'S ECONOMY GREW at faster-than-expected a clip in the Rapidly weakening growth in the world's second-biggest economy since the second quarter prompted authorities to step up their support steps, with Wednesday's batch of data indicating the stimulus is starting to gain traction although a property crisis and other headwinds continue to pose risks to the outlook third quarter, while consumption and industrial activity in September also surprised on the upside, suggesting the recent flurry of policy measures is helping to bolster a tentative recovery.

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1 min  |
October 19, 2023
New spectrum bands: Trai paper on pricing soon
Financial Express Mumbai

New spectrum bands: Trai paper on pricing soon

DoT may hold next auction in January or February 2024

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1 min  |
October 19, 2023
IIFL Finance profit up 25% on strong growth in loans
Financial Express Mumbai

IIFL Finance profit up 25% on strong growth in loans

THE CONSOLIDATED NET profit of IIFL Finance rose 25% year-on-year in July-September quarter due to a growth in its loan book and an improvement in asset quality.

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1 min  |
October 19, 2023