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Financial Express Mumbai

No new commitments till volatility lasts: Adani Group

WHICH ADANI ENTERPRISES, had scaled up operations at a breakneck speed over the past few years, will refrain from bidding for new projects till the time the volatility in the market remains, one of its top officials said.

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2 mins  |
February 16, 2023
Financial Express Mumbai

Resumed talks with banks for funds: Voda Idea CEO

VODAFONE IDEA HAS resumed discussions with a consortium of banks to raise funds and also presented a detailed business plan to them. This comes after the government converted its accrued interest on the telco's deferred AGE and spectrum dues amounting to 16,000 crore into equity.

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3 mins  |
February 16, 2023
Financial Express Mumbai

Bumper crop forecast: Wheat prices to soften

Open market sales to continue, purchase to be robust

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2 mins  |
February 16, 2023
Financial Express Mumbai

Appellate tribunals, a few rate revisions on GST Council agenda

AFTERAGAP of over seven months, the Goods and Services Tax GST) Council is scheduled to hold an in person meeting on February 18, where it is likely to pave the way for the setting up appellate tribunals for the comprehensive indirect tax.

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1 min  |
February 16, 2023
Financial Express Mumbai

Tax cuts on fuel, other items likely

THE GOVERNMENT COULD consider reducing taxes on some items such as maize and fuel in response to the Reserve Bank of India’s RBI’s) recommendations to help rein in climbing retail inflation, two sources with knowledge of the discussions told Reuters.

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1 min  |
February 16, 2023
Financial Express Mumbai

No growth for 72% of MSMEs in last years: Survey

79% of units find access to bank finance difficult

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2 mins  |
February 16, 2023
FM: Centre open to inclusion of petro products under GST
Financial Express Mumbai

FM: Centre open to inclusion of petro products under GST

Says will cut import duties without hurting domestic industry

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2 mins  |
February 16, 2023
Financial Express Mumbai

Exports in slow lane, down 6.6%

Imports contract too in January, reflect slowing domestic demand

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1 min  |
February 16, 2023
Kotak Bank arm raises $590 million for data centres
Financial Express Mumbai

Kotak Bank arm raises $590 million for data centres

Data centre investments in India

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1 min  |
February 15, 2023
Digital lenders' spending for tech defences soars
Financial Express Mumbai

Digital lenders' spending for tech defences soars

FINTECH IN FOCUS - In its 2022 guidelines on digital lending, the Reserve Bank of India (RBI) has asked banks and non-banking lenders to ensure that they comply with various technology standards on cybersecurity.

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2 mins  |
February 15, 2023
Volvo plans an electric car in India every year
Financial Express Mumbai

Volvo plans an electric car in India every year

TO DRIVE IN C40 RECHARGE IN Q4CY23

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1 min  |
February 15, 2023
Will shoot down any Chinese balloons: Taiwan
Financial Express Mumbai

Will shoot down any Chinese balloons: Taiwan

China, which claims Taiwan as its territory to be reunited by force if necessary, regularly sends fighter jets and other military assets into Taiwan's airspace and sea lanes.

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1 min  |
February 15, 2023
Toshiba warns on profit after Q3 slump
Financial Express Mumbai

Toshiba warns on profit after Q3 slump

COO resigns over entertainment expenses

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1 min  |
February 15, 2023
Nikki Haley to run for President in '24, challenging Trump
Financial Express Mumbai

Nikki Haley to run for President in '24, challenging Trump

Haley says it’s now time for new generation of leadership ‘to rediscover fiscal responsibility, secure our border and strengthen our country, pride and purpose’.

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1 min  |
February 15, 2023
Ford to cut one in nine jobs in Europe in electric revamp
Financial Express Mumbai

Ford to cut one in nine jobs in Europe in electric revamp

To cut around 3,800 jobs in total; 2,300 in Germany

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2 mins  |
February 15, 2023
Indian commercial carriers will outpace global growth: Boeing
Financial Express Mumbai

Indian commercial carriers will outpace global growth: Boeing

“Indian carriers will outpace global growth at nearly 7% and more than 80% of new airplane deliveries to this market will be for growth, while 20% of new airplanes will be for replacement of aging jets.

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2 mins  |
February 15, 2023
Grant Thornton to conduct independent audit for Adani
Financial Express Mumbai

Grant Thornton to conduct independent audit for Adani

The appointment marks the first major effort by Adani Group to defend itself in the wake of a January 24 report by Hindenburg that accused it of improper use of offshore tax havens and stock manipulation.

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1 min  |
February 15, 2023
CBDT notifies ITRS for AY 2023-24
Financial Express Mumbai

CBDT notifies ITRS for AY 2023-24

WELL AHEAD OF RETURN FILING SEASON

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1 min  |
February 15, 2023
Nothing for BJP to hide and be afraid of: Amit Shah
Financial Express Mumbai

Nothing for BJP to hide and be afraid of: Amit Shah

ALLEGATIONS OVER HINDENBURG-ADANI ROW

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1 min  |
February 15, 2023
January WPI inflation eases to 24-month low of 4.73%
Financial Express Mumbai

January WPI inflation eases to 24-month low of 4.73%

BREATHER AFTER NEWS OF SPURT IN RETAIL INFLATION

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3 mins  |
February 15, 2023
FM's post-Budget address to Sebi board delayed
Financial Express Mumbai

FM's post-Budget address to Sebi board delayed

Usually, the finance minister addresses both the RBI and Sebi boards on the same day or a couple of days apart.

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1 min  |
February 15, 2023
No full-fledged probe into Adani for now
Financial Express Mumbai

No full-fledged probe into Adani for now

Issue being monitored by both the finance and corporate ministries

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2 mins  |
February 15, 2023
AI lands 470-jet jumbo deal
Financial Express Mumbai

AI lands 470-jet jumbo deal

Orders 250 planes from Airbus, 220 from Boeing

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2 mins  |
February 15, 2023
Govt may sweeten new pension plan
Financial Express Mumbai

Govt may sweeten new pension plan

TO AVERT SETBACK FROM SHIFT TO OPS

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3 mins  |
February 15, 2023
Samsung to make Galaxy S23 in India
Financial Express Mumbai

Samsung to make Galaxy S23 in India

SAMSUNG ON THURSDAY said it will manufacture its newly launched Galaxy S23 smartphones series at its Noida facility for sale in India. The company presently produces these smartphones in Vietnam and meets the domestic demand through imports.

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1 min  |
February 03, 2023
That WhatsApp message from your boss may be a red herring
Financial Express Mumbai

That WhatsApp message from your boss may be a red herring

Scammers may be trying to trick you into wiring funds or buying gifts

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2 mins  |
February 14, 2023
Financial Express Mumbai

PM: Aero India shining example of our capabilities

PRIME MINISTER NARENDRA Modi Monday said the Aero India show is a shining example of the country’s growing capabilities and that the presence of more than 100 nations at the event reflects the world’s trust in India.

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1 min  |
February 14, 2023
PM calls for trebling defence exports
Financial Express Mumbai

PM calls for trebling defence exports

PRIME MINISTER NARENDRA Modi on Monday said India's annual defence exports will likely more than triple to 5 billion by 2024-25,as the country focuses on domestic manufacturing of key military gear to create more local jobs.

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1 min  |
February 14, 2023
Financial Express Mumbai

Srei administrator rejects Kanorias’ offer

THE ADMINISTRATOR OF two insolvent Srei companies has returned the resolution plan submitted by the erstwhile promoters, the Kanorias, to withdraw the companies from insolvency proceedings, stating that he is not the“competent authority” to accept it, sources close to the development said.

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1 min  |
February 14, 2023
Financial Express Mumbai

SC directs Bombay HC to speed up hearing in Finolex case

THE SUPREME COURT has asked the Bombay High Court to expedite the hearing in the Finolex group case, where a criminal petition was filed before the lower court, and to complete it within six weeks.

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1 min  |
February 14, 2023