CATEGORIES

Financial Express Mumbai

Trai commences consultation for faster 5G adoption

A YEAR AFTER the launch of 5G services by telecom operators Airtel and Jio, the Telecom Regulatory Authority of India (Trai) has started a consultation process to identify the policy challenges as well as suggest right framework and approach for faster adoption of 5G.

time-read
1 min  |
September 30, 2023
Maruti Suzuki gets GST show cause notice
Financial Express Mumbai

Maruti Suzuki gets GST show cause notice

AUTOMOBILE MAJOR MARUTI Suzuki India on Friday said it has received a show cause notice from the GST Authority, demanding interest as well as penalty in the matter of tax liability under the reverse charge basis on certain services.

time-read
1 min  |
September 30, 2023
Inflation drops to a 2-year low in Europe
Financial Express Mumbai

Inflation drops to a 2-year low in Europe

INFLATION IN THE euro zone fell to its lowest level in two years in September, suggesting the European Central Bank's steady diet of interest rate hikes was succeeding in curbing runaway prices albeit at a growing cost for economic growth.

time-read
1 min  |
September 30, 2023
Google search is like 'drugs' says top exec
Financial Express Mumbai

Google search is like 'drugs' says top exec

Google objected to document’s use in DOJ anti-trust trial

time-read
1 min  |
September 30, 2023
If income is low & liabilities high, go for term insurance
Financial Express Mumbai

If income is low & liabilities high, go for term insurance

In Ulip, the same amount of premium can buy very low insurance cover

time-read
2 mins  |
September 30, 2023
Forex reserves fall $2.3 bn to four-month low of $590.7 bn
Financial Express Mumbai

Forex reserves fall $2.3 bn to four-month low of $590.7 bn

FOREIGN EXCHANGE RESERVES fell $2.3 billion to a four-month low of $590.7 billion in the week ended September 22.

time-read
1 min  |
September 30, 2023
MCX shares slump as Sebi asks to defer new platform launch
Financial Express Mumbai

MCX shares slump as Sebi asks to defer new platform launch

The scrip recovered later to close the day at ₹2,049.30 on BSE

time-read
1 min  |
September 30, 2023
For D2C startups, funding winter is getting harsher this year
Financial Express Mumbai

For D2C startups, funding winter is getting harsher this year

AS INDIAN STARTUPS continue to battle with a decline in funding this year, the direct-to-consumer (D2C) segment, which includes brands such as Mamaearth, Sugar Cosmetics, Paper Boat and Zouk, is witnessing a much bigger plunge in external funding.

time-read
2 mins  |
September 30, 2023
Hindustan Zinc to rejig firms into three entities
Financial Express Mumbai

Hindustan Zinc to rejig firms into three entities

HINDUSTAN ZINC (HZL), in which Indian mining major Vedanta (VEDL) holds a majority stake, has initiated a restructuring exercise to create three separate legal entities and has authorised a committee of directors to evaluate the proposal.

time-read
2 mins  |
September 30, 2023
Zee merger to take a few more months: Sony
Financial Express Mumbai

Zee merger to take a few more months: Sony

THE MERGER BETWEEN Culver Max Entertainment (Sony Pictures Networks India) and Zee Entertainment Enterprises is expected to be delayed, Japan's Sony Group said in a statement on Friday.

time-read
1 min  |
September 30, 2023
North America to be a pain point for Indian IT firms
Financial Express Mumbai

North America to be a pain point for Indian IT firms

THE TEPID GROWTH guidance of 2-5% in FY24 by Accenture will adversely impact Indian IT firms like Wipro, Tech Mahindra and LTI Mindtree, according to analysts.

time-read
2 mins  |
September 30, 2023
Tax collections grow at 16.5% in April-August
Financial Express Mumbai

Tax collections grow at 16.5% in April-August

Corporate tax mop-up surges in August

time-read
2 mins  |
September 30, 2023
Robust tax and non-tax revenues allay fiscal worry
Financial Express Mumbai

Robust tax and non-tax revenues allay fiscal worry

Fiscal deficit at 36% annual target till Aug

time-read
2 mins  |
September 30, 2023
At 12.1%, August core sector growth at 14-month high
Financial Express Mumbai

At 12.1%, August core sector growth at 14-month high

THE PRODUCTION OF India's six core industries rose to a 14-month high of 12.1% in August, mainly due to a sharp increase in output of electricity and coal during the month.

time-read
1 min  |
September 30, 2023
Financial Express Mumbai

I have mapped out top L&T leadership till 2040: Naik

After a nearly six-decade-long career, Anil Manibhai Naik will end his innings as the non-executive chairman of Larsen and Toubro (L&T) on Saturday.

time-read
2 mins  |
September 30, 2023
JKC puts in ₹100 crore more for Jet's revival
Financial Express Mumbai

JKC puts in ₹100 crore more for Jet's revival

Consortium completes ₹350-crore total infusion; takeoff still far away

time-read
2 mins  |
September 30, 2023
Vedanta rejig to carve out six listed entities
Financial Express Mumbai

Vedanta rejig to carve out six listed entities

One share each of new entity for one of parent firm for shareholders

time-read
2 mins  |
September 30, 2023
Financial Express Mumbai

CBI probes 'irregularities' in renovation of Kejriwal's residence

THE CENTRAL BUREAU of Investigation (CBI) has started a Preliminary Enquiry into alleged irregularities in the construction and renovation of Delhi Chief Minister Arvind Kejriwal's new official residence.

time-read
1 min  |
September 28, 2023
Told Canada it's not our policy: Jaishankar on killing of separatist Nijjar
Financial Express Mumbai

Told Canada it's not our policy: Jaishankar on killing of separatist Nijjar

In message to Ottawa, targets rule makers’, exercises in cherry-picking’

time-read
2 mins  |
September 28, 2023
Financial Express Mumbai

Adani Ports to buy up to $195 mn of bonds

ADANI PORTS AND SPECIAL Economic Zone (APSEZ), an Adani Group company, has commenced a tender offer to buy up to $195 million of its bonds due in 2024 using funds from its cash reserves. This is the second buyback for the same bonds, as the firm had bought bonds for $130 million in May 2023.

time-read
1 min  |
September 28, 2023
No price hike on timely monsoon: Amul MD
Financial Express Mumbai

No price hike on timely monsoon: Amul MD

AMUL DOES NOT anticipate any price hike as the situation is \"pretty\" good this year after timely monsoon rains in Gujarat and flush milk procurement season is starting, GCMMF managing director Jayen S Mehta said on Wednesday. The Gujarat Cooperative Milk Marketing Federation (GCMMF) sells its dairy products under the Amul brand.

time-read
1 min  |
September 28, 2023
Nextiva plans to expand India team in next one year
Financial Express Mumbai

Nextiva plans to expand India team in next one year

The US-based firm is banking on Indian talent for product innovation

time-read
1 min  |
September 28, 2023
Financial Express Mumbai

Trump's 2024 Republican rivals run out of time to halt his march

FORMER US PRESIDENT Donald Trump's rivals are running out of time to halt his march to the 2024 Republican presidential nomination unless one emerges as a clear alternative in their second debate on Wednesday, party strategists say.

time-read
1 min  |
September 28, 2023
Financial Express Mumbai

Russian sanctions: US steps up UBS, Credit Suisse probe

THE US DEPARTMENT of Justice (DOJ) has stepped up its probe into Credit Suisse Group and UBS Group AG over suspected compliance failures that allowed Russian clients to evade sanctions, according to people familiar with the situation.

time-read
1 min  |
September 28, 2023
Financial Express Mumbai

HOUSING CRISIS INTENSIFIES: Evergrande's billionaire boss put under police surveillence

The tycoon becomes high-profile casualty of Xi’s crackdown

time-read
2 mins  |
September 28, 2023
Financial Express Mumbai

India growth story gaining weight

Intense politicking into 2024 elections, China re-rotation and sustained high oil prices potential risks

time-read
2 mins  |
September 28, 2023
Mobius: Best bet in emerging mkts'
Financial Express Mumbai

Mobius: Best bet in emerging mkts'

MOBIUS CAPITAL PARTNERS is now more bullish on India than it has ever been, and deems it the place to invest in among emerging markets. \"We believe the opportunities in India are terrific and the whole picture is so positive that it doesn't make sense to reduce holdings in India,\" Mark Mobius, founding partner of Mobius Capital Partners, told CNBC-TV18 channel.

time-read
1 min  |
September 28, 2023
Financial Express Mumbai

Hybrid vehicles cleaner than EVs: Bhargava

For carbon neutrality, coal-based power share needs to be below 50%

time-read
2 mins  |
September 28, 2023
UPA govt asked investors to skip Gujarat: PM
Financial Express Mumbai

UPA govt asked investors to skip Gujarat: PM

WHEN HE WAS the Gujarat Chief Minister, the then Congress-led UPA government at the Centre created \"obstacles\" in the state's development by “intimidating\" and \"threatening foreign investors not to go to Gujarat\", Prime Minister Narendra Modi said on Wednesday.

time-read
2 mins  |
September 28, 2023
Financial Express Mumbai

EYES ON NATIONAL AND STATE POLLS: Govt plans to retain spending firepower

Decides to stick to the Budget target

time-read
1 min  |
September 28, 2023