CATEGORIES

Financial Express Mumbai

Stiff Campa competition keeping us sharp: Murphy

THE JUBILANT BHARTIA Group last month had picked up a 40% stake in Hindustan Coca-Cola Beverages (HCCB), the bottling arm of Coca-Cola in India.

time-read
1 min  |
January 30, 2025
Financial Express Mumbai

Alibaba Says Its AI Model Surpasses DeepSeek-V3

The January 10 release of DeepSeek's AI assistant, powered by the DeepSeek-V3 model, as well as the January 20 release of its R1 model, has shocked Silicon Valley and caused tech shares to plunge, with the Chinese startup's purportedly low development and usage costs prompting investors to question huge spending plans by leading AI firms in the US.

time-read
1 min  |
January 30, 2025
Financial Express Mumbai

PAN Must for Seeking Data on Corporate Debtors Under IBC

The Insolvency and Bankruptcy Board of India (IBBI) has now mandated information utilities (IU) to use PAN or any other official document to verify the identity of users who wish to seek information of corporate debtors.

time-read
1 min  |
January 30, 2025
Financial Express Mumbai

Govt plans to borrow 15L cr through bonds

'FY26 Deficit May Fall Below 4.5%'

time-read
2 mins  |
January 30, 2025
Financial Express Mumbai

EU to look at 'flexibilities' for carmakers over emission fines

THE EUROPEAN UNION (EU) will look at ways it can support carmakers as the industry faces the prospect of billions of euros of fines for failing to meet emissions targets this year.

time-read
1 min  |
January 30, 2025
Financial Express Mumbai

Maruti misses Q3 estimates, profit up 13% to ₹3,525 crore

• Input cost rises by 17% to ₹12,991 cr

time-read
1 min  |
January 30, 2025
Financial Express Mumbai

Mobile AI apps now a $2-bn mkt

CHATGPT EARNINGS > OTHER AI APPS

time-read
1 min  |
January 30, 2025
Financial Express Mumbai

Sony's Totoki takes CEO role, cementing leadership position

Totoki will add the CEO role from April 1, while incumbent Chairman and CEO Kenichiro Yoshida will remain as chairman, the entertainment and tech conglomerate said.

time-read
1 min  |
January 30, 2025
Financial Express Mumbai

Opposition alleges 'VIP culture'

THIRTY PEOPLE DIED and at least 60 were injured in a pre-dawn stampede Wednesday at the Maha Kumbh in Prayagraj where hundreds of thousands gathered to take a dip at the Sangam.

time-read
2 mins  |
January 30, 2025
Financial Express Mumbai

Domicile-based quota in PG medical courses unconstitutional: SC

THE SUPREME COURT on Wednesday held that domicile-based reservation for admission to post-graduate medical courses within the State quota is unconstitutional as it violates the Right to Equality under Article 14.

time-read
1 min  |
January 30, 2025
Financial Express Mumbai

Nykaa eyes affluent shoppers for growth

BEAUTY RETAILER FSN E-Commerce Ventures, which operates Nykaa, expects rising affluence to fuel its fast-paced growth in a nascent market as global brands from Dior to Shiseido and Tom Ford lure buyers even in the smaller cities.

time-read
2 mins  |
January 30, 2025
Financial Express Mumbai

Ambuja Cements reports Q3 net profit at ₹2,620 cr

ADANI GROUP FIRM Ambuja Cements on Wednesday reported a consolidated net profit of ₹2,620.09 crore for the third quarter ended December 2024.

time-read
1 min  |
January 30, 2025
Financial Express Mumbai

Can India build DeepSeek-like LLMs?

● Focus on cost and accessibility is the crucial first step

time-read
3 mins  |
January 30, 2025
Financial Express Mumbai

Towards inclusive growth: Budget tax reforms to unlock potential

TAX REFORM is no longer just a political buzzword—it's a high-stakes game-changer that could reshape the financial landscape for years to come.

time-read
3 mins  |
January 30, 2025
Financial Express Mumbai

Odisha Govt Inks Investment Pacts Worth ₹13 Lakh Cr

JOINING OTHER STATES in the race to garner private and foreign investments, Odisha has secured investment commitments worth ₹12.89 lakh crore as against their initial estimate of around ₹5 lakh crore.

time-read
1 min  |
January 30, 2025
Financial Express Mumbai

NxtGen, E2E, Jio may be lowest bidders...

FINALLY, THE RACE narrowed to 10 bidders in the commercial round.

time-read
1 min  |
January 30, 2025
Financial Express Mumbai

Apple, SpaceX team up to bring Starlink connectivity to iPhone

APPLE HAS BEEN secretly working with SpaceX and T-Mobile US to add support for the Starlink network in its latest iPhone software, providing an alternative to the firm's in-house satellite-communication service.

time-read
1 min  |
January 30, 2025
Financial Express Mumbai

Trifecta marks first close of ₹2K cr fund

VENTURE DEBT FIRM Trifecta Capital has announced the first close of its fourth fund after raising nearly half of the total targeted corpus of ₹2,000 crore, which includes a greenshoe option of ₹500 crore.

time-read
1 min  |
January 30, 2025
Financial Express Mumbai

India's Economy May Face Challenging 2025: Moody's

Moody's Analytics forecasts India's economy facing challenges in 2025, with growth expected at 6.4%.

time-read
1 min  |
January 30, 2025
Financial Express Mumbai

Towards tax transparency

BUDGET 2025 PRESENTS AN OPPORTUNE MOMENT TO BUILD ON POLICY REFORMS

time-read
3 mins  |
January 30, 2025
Financial Express Mumbai

Global CEO departures hit record high in 2024

CHIEF EXECUTIVES OF global companies left their jobs in record numbers last year, pushed by intense scrutiny from investors and pressure to keep up with change, according to leadership advisory firm Russell Reynolds Associates.

time-read
1 min  |
January 30, 2025
Financial Express Mumbai

Buy-the-dip' keeps benchmarks steady

Indian markets showed resilience before the upcoming budget, driven by expectations of consumption and job creation.

time-read
1 min  |
January 30, 2025
Financial Express Mumbai

₹100-cr credit guarantee scheme for MSMEs

The government on Wednesday approved the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) to guarantee loans up to ₹100 crore for the purchase of plant and machinery and equipment to boost the manufacturing sector.

time-read
1 min  |
January 30, 2025
Financial Express Mumbai

A path to tangible outcomes

THE ECONOMIC POLICY FRAMEWORK PROPOSED IN FY25 BUDGET MUST REST ON FOUNDATIONAL PILLARS

time-read
4 mins  |
January 29, 2025
Financial Express Mumbai

Swiggy shares briefly fall below IPO price, close in the green

SHARES OF FOOD delivery giant Swiggy fell as much as 5.12% intra-day to 389.50 on Tuesday. It was for the first time that share prices fell below its IPO price of ₹390.

time-read
1 min  |
January 29, 2025
Financial Express Mumbai

Could Trump end up with a limp dollar?

On a trade-weighted basis, the dollar is at close to the highest level it has ever been. Thus, on an objective basis, a decline would not be surprising

time-read
3 mins  |
January 29, 2025
After DeepSeek rout, tech, Nvidia shares steady
Financial Express Mumbai

After DeepSeek rout, tech, Nvidia shares steady

TECHNOLOGY SHARES STEADIED on Tuesday, led by a modest recovery in Nvidia after its record-breaking wipeout in market value in a rout sparked by a low-cost Chinese artificial intelligence model that may threaten the dominance of US rivals.

time-read
1 min  |
January 29, 2025
Financial Express Mumbai

US pauses foreign aid to Pakistan for re-evaluation

THE US HAS temporarily suspended foreign assistance to Pakistan for re-evaluation following an executive order issued by President Donald Trump, according to a media report on Tuesday.

time-read
1 min  |
January 29, 2025
Sebi rejects plea of Danny Gaekwad for Religare open offer
Financial Express Mumbai

Sebi rejects plea of Danny Gaekwad for Religare open offer

THE SECURITIES AND Exchange Board of India (Sebi) on Tuesday returned Florida-based businessman Digvijay (Danny) Gaekwad's letter seeking permission to make a competing open offer for acquiring shares in Religare Enterprises (REL).

time-read
2 mins  |
January 29, 2025
Financial Express Mumbai

Worst day for Re in nearly two weeks as tariff jitters lift dollar

THE RUPEE WEAKENED along with most of its regional peers on Tuesday as comments about trade tariffs from US President Donald Trump boosted the dollar a day after a selloff in US technology stocks had hurt the greenback.

time-read
1 min  |
January 29, 2025