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Financial Express Mumbai

Go First, Jet Airways lose airline codes

THE TROUBLES FOR grounded airlines Go First and Jet Airways continue to mount. Both have lost their airline codes for not being in operation.

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2 mins  |
September 03, 2023
Uday Kotak quits 4 months early
Financial Express Mumbai

Uday Kotak quits 4 months early

Deepak Gupta takes interim charge of bank

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2 mins  |
September 03, 2023
An Island town stops to watch India and Pakistan tee off
Financial Express Mumbai

An Island town stops to watch India and Pakistan tee off

PALLEKELE IS A small, quiet town, just a half-an-hour drive from Kandy, the second largest city in Sri Lanka dotted with tea plantations.

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3 mins  |
September 02, 2023
INDIA bloc: Will enter LS polls together as far as posssible
Financial Express Mumbai

INDIA bloc: Will enter LS polls together as far as posssible

STEPPING UP THEIR unity efforts, the 28-party Opposition INDIAalliance announced Friday that it will contest the 2024 Lok Sabha elections together\"as faras possible\", the caveat being an indirect acknowledgement that there could be challenges regarding seat-sharing in some states.

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2 mins  |
September 02, 2023
Do social service on leave: Army to its soldiers
Financial Express Mumbai

Do social service on leave: Army to its soldiers

THE ARMY WANTS its troops to take part in social service while they are on leave to enhance \"nation-building efforts\".

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2 mins  |
September 02, 2023
Ericsson and Nokia spar with local firms over stricter Customs check
Financial Express Mumbai

Ericsson and Nokia spar with local firms over stricter Customs check

WITH THE DEPARTMENT of telecommunications (DOT) asking the Customs department to strengthen the mechanism to check imports of telecom equipment, global gear makers Ericsson and Nokia have expressed concern over the delay in getting imported components and products because of strict checking, according to people aware of the matter.

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1 min  |
September 02, 2023
Reliance Retail may raise $2.5 bn by Sept
Financial Express Mumbai

Reliance Retail may raise $2.5 bn by Sept

RELIANCE RETAIL VENTURES (RRVL), the retail arm of Reliance Industries, is in talks to raise $2.5 billion as part of a $3.5-billion fund raise, sources said.

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1 min  |
September 02, 2023
Hiring dips 5% y-o-y in August
Financial Express Mumbai

Hiring dips 5% y-o-y in August

Tier-2 cities are important hubs for luring top talent

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1 min  |
September 02, 2023
Russia deploys Sarmat ICBM on combat duty
Financial Express Mumbai

Russia deploys Sarmat ICBM on combat duty

The unique weapon would strengthen our potential, says Putin

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1 min  |
September 02, 2023
Jio Financial Services could exit NSE indices next week
Financial Express Mumbai

Jio Financial Services could exit NSE indices next week

JIO FINANCIAL SERVICES' (JFS) temporary inclusion in the BSE indices came to an end on Friday, with the stock removed from the Sensex and other BSE indices before start of trade.b

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1 min  |
September 02, 2023
Optiemus in race with Vedanta to make display glass
Financial Express Mumbai

Optiemus in race with Vedanta to make display glass

AFTER VEDANTA DISCLOSED its plans to set up a $4-billion unit to manufacture display glass used in electronic devices like smartphones, laptops, televisions, etc, local electronics contract manufacturer Optiemus on Friday formed a joint venture with US-based Corning International to manufacture similar products.

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1 min  |
September 02, 2023
Auto sales see August rush
Financial Express Mumbai

Auto sales see August rush

AUTO SALES HIT an all-time monthly high in August with the industry recording a growth of 10%. Manufacturers hit the accelerator in anticipation of a robust demand during the festive season, starting with Onam earlier this week.

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2 mins  |
September 02, 2023
Financial Express Mumbai

Growth to be incremental going forward: HCLTech

DAYS AFTER BAGGING the $2.1-billion Verizon deal, C Vijayakumar, CEO and MD, HCLTech, in a recent investor meet, said that the company will see an incremental growth going forward as the market has bottomed out.

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2 mins  |
September 02, 2023
Two-wheeler sales crawl in August
Financial Express Mumbai

Two-wheeler sales crawl in August

However, the industry grew at a healthy 7.4%

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1 min  |
September 02, 2023
Mandi prices of onion up 15% in Lasalgaon
Financial Express Mumbai

Mandi prices of onion up 15% in Lasalgaon

WITHIN A WEEK, the mandi prices of onion at Lasalgaon, Nasik district of Maharashtra, the hub of the trade, has increased by 15% to ₹2351/quintal on Friday on account of purchase by agencies like Nafed and National Cooperative Consumers' Federation of India (NCCF) to boost buffer stock.

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1 min  |
September 02, 2023
Ensure supplies to violence-hit areas, SC tells Centre, Manipur
Financial Express Mumbai

Ensure supplies to violence-hit areas, SC tells Centre, Manipur

THE SUPREME COURT on Friday directed the Centre and Maniour government to ensure that food, medicine and other essential supplies reach the areas affected by the recent clashes in the state.

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2 mins  |
September 02, 2023
NPS AUM crosses 10-trn mark: PFRDA chairman
Financial Express Mumbai

NPS AUM crosses 10-trn mark: PFRDA chairman

To unveil SWP and annuity-mix products in Oct

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2 mins  |
September 02, 2023
Financial Express Mumbai

India seeks cooperation on fugitive economic offenders

INDIA HAS SUGGESTED to all G-20 nations to actively cooperate to deal comprehensively and efficiently with fugitive economic offenders as part of the action against them and recovery of the assets.

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1 min  |
September 02, 2023
Oil import from Russia falls as Saudi Arabia regains share
Financial Express Mumbai

Oil import from Russia falls as Saudi Arabia regains share

INDIA'S IMPORT OF Russian oil fell to the lowest in six months at 1.47 million barrels a day (mbd) in August as Russia cut down oil exports, paving way for Saudi Arabia to regain its share in Indian crude basket by exporting 820,000 barrels a day during the month.

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1 min  |
September 02, 2023
Financial Express Mumbai

Nomura, Morgan Stanley raise FY24 growth forecast

ECONOMISTS AT NOMURA and Morgan Stanley on Friday raised India's economic growth forecast for fiscal 2024 after data showed the economy grew at its quickest pace in a year in the April-June quarter.

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1 min  |
September 02, 2023
Manufacturing activity at three-year high in August
Financial Express Mumbai

Manufacturing activity at three-year high in August

MANUFACTURING SECTOR ACTIVITIES saw a robust improvement across India as new orders and output increased at the quickest rates in nearly three years during August.

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1 min  |
September 02, 2023
GST mop-up rises 11% at ₹1.59 trn in August
Financial Express Mumbai

GST mop-up rises 11% at ₹1.59 trn in August

GOODS AND SERVICES Tax (GST) collections grew nearly 11% onyear to 1.59 trillion in August (July transactions), broadly hovering around the government's target of an average monthly GST receipt of 1.6 trillion in the current fiscal.

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1 min  |
September 02, 2023
SRK vs SRK in race for Bollywood’s biggest opener this year
Financial Express Mumbai

SRK vs SRK in race for Bollywood’s biggest opener this year

SHAH RUKH KHAN, it seems, will fight with himself to set records at the box office for Bollywood films.

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2 mins  |
September 02, 2023
Financial Express Mumbai

GQG picks UP 2.59% IDFC First Bank stake

WARBURG PINCUS AFFILIATE Cloverdell Investment has sold 278.7 million shares or 4.20% equity stake in IDFC First Bank in a bulk deal on the Bombay Stock Exchange on Friday, according to exchanges data.

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1 min  |
September 02, 2023
Now, claims of covert’ lobbying against Vedanta
Financial Express Mumbai

Now, claims of covert’ lobbying against Vedanta

A DAY AFTER IT made a host of allegations against Adani Group, Organised Crime and Corruption Reporting Project (OCCRP) has now alleged that Indian mining and oil giant Vedanta ran a \"covert\" lobbying campaign to weaken key environmental regulations during the pandemic period.

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1 min  |
September 02, 2023
CCI clears runway for Al-Vistara merger
Financial Express Mumbai

CCI clears runway for Al-Vistara merger

IN A BIG boost for Tata group's aviation plans, the Competition Commission of India (CCI) on Friday approved the merger of Vistara and Air India, subject to conditions.

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1 min  |
September 02, 2023
Financial Express Mumbai

Viacom18 wins TV and digital rights for cricket at home

PER MATCH VALUE AT 51% PREMIUM

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2 mins  |
September 01, 2023
Lovely returns for second stint as Delhi Cong chief
Financial Express Mumbai

Lovely returns for second stint as Delhi Cong chief

IN A MOVE that appeared to catch members of its own state leadership the Congress by surprise, Thursday announced the return of former Delhi minister Arvinder Singh Lovely as chief of its Delhi unit.

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2 mins  |
September 01, 2023
Financial Express Mumbai

Ready for J&K polls any time now: Govt to SC

'NO TIME FRAME FOR STATEHOOD'

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3 mins  |
September 01, 2023
Telcos, OTT revenue sharing against net neutrality: IAMAI
Financial Express Mumbai

Telcos, OTT revenue sharing against net neutrality: IAMAI

THE INTERNET AND Mobile Association of India (IAMAI), which represents major companies like Google, Meta and Microsoft, etc, has said that the revenue-sharing mechanism between over-the-top (OTT) apps and telecom service providers (TSPs) will violate the net neutrality framework.

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1 min  |
September 01, 2023