Financial Express Chennai - January 06, 2025
Financial Express Chennai - January 06, 2025
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January 06, 2025
No check-in for unwed couples at Oyo hotels
TRAVEL BOOKING MAJOR Oyo has launched a new policy for partner hotels, starting this year from Meerut in Uttar Pradesh, whereby unmarried couples will no longer be welcomed to check in.
1 min
Agri credit scales new high, to cross ₹28 lakh cr in FY25
Seen up 10%; formalisation of rural credit aids process
2 mins
Direct benefit transfers top ₹4 lakh crore so far this fiscal
Headroom to improve spending quality
1 min
PLI Schemes Aid Import Substitution: MSMEs, Too, Among Gainers
PRODUCTION-LINKED INCENTIVE (PLI) schemes have generated investments to the tune of ₹1.46 lakh crore so far, with large-scale electronics manufacturing, pharmaceuticals, food processing and telecom & networking products, being the top gainers.
1 min
CII Wish List: Budget Should Lay Emphasis on Employment Creation
To boost productivity and foster inclusive growth, the Confederation of Indian Industry (CII) has recommended that the government prioritise employment generation as a central theme in the Union Budget for FY26.
1 min
OMCs may see muted refining margins in FY26
Slippery Path
2 mins
FDI in India growing rapidly, says Goyal
FDI inflows into the country are surging, with investors from the West Asia, Japan, European Union, and the US recognising India's status as a top investment destination, driving rapid economic growth and generating millions of new jobs, commerce and industry minister Piyush Goyal has said.
1 min
Four Maoists, jawan killed in first Bastar encounter this year
Four Maoists were gunned down on Saturday afternoon in the first encounter this year between Naxals and security forces in Chhattisgarh's Bastar region.
1 min
3 Killed as Coast Guard Chopper Crashes at Porbandar Airport
A Coast Guard chopper crashed at Porbandar airport in Gujarat on Sunday as it was landing after a routine training sortie, killing two pilots and a diver who were on board.
1 min
Delhi: Dense fog disrupts flight and train services
FIFTY-ONE TRAINS WERE delayed and several flights rescheduled as dense fog enveloped the national capital on Sunday morning, reducing visibility to zero, officials said.
1 min
Auxano Cap to focus on new investment areas
AUXANO CAPITAL, an early-stage venture capital firm, has announced its plans to dive into emerging sectors such as spacetech, carbon emission solutions, and battery technology in FY26.
1 min
Bangladesh crisis offers new opportunities for Indian textile clusters
Amid the ongoing economic and political tensions in Bangladesh, Indian exporting firms, particularly in the Tirupur clusters, are receiving higher enquiries from several global apparel brands, including Primark, Tesco, Decathlon, Duns, JCPenney, GAP, Next, and Walmart, with order conversion expected for shipment by early 2025, Mithileshwar Thakur, Secretary General of the Apparel Export Promotion Council (AEPC) said.
1 min
Hluman rolled out for complex workflows
ARTIFICIAL INTELLIGENCE (AI) SOLUTIONS provider Inspira Enterprise and AI platform developer Humans.ai have teamed up to unveil their latest offering for businesses: Hluman, an AI robot.
1 min
Tamil Nadu CM Announces $1-mn Prize for Decoding Indus Valley Script
THE INDUS VALLEY script remains an unsolved riddle for over a century, Tamil Nadu chief minister M.K. Stalin said on Sunday and announced a prize of $1 million to those who decipher it.
1 min
Six years after quota for women at IITs, changes are quite visible
FROM MORE HOSTELS and washrooms for female students to their own sports teams – a silent revolution has been taking shape at the Indian Institutes of Technology (IITs) over the last six years, ever since a supernumerary quota of 20% was set aside for women.
2 mins
Projects unveiled by PM are joint ventures with state: Kejriwal
As Prime Minister Narendra Modi inaugurated key infrastructure projects in Delhi on Sunday, Aam Aadmi Party chief and former chief minister Arvind Kejriwal called them 'joint ventures' with the Centre and said it was proof that the government in the city works only for its citizens.
2 mins
Renee looks to end this fiscal with up to ₹400-cr topline
In the crowded market of beauty and colour cosmetics brands, direct-to-consumer startup Renee Cosmetics is expecting to double its revenue to ₹350-400 crore by the end of this fiscal.
2 mins
Compact EV, New Duster Key to Renault's India Comeback
French carmaker's first EV in the country to be affordable
2 mins
Vi unlikely to have aggressive 5G pricing strategy
WITH VODAFONE IDEA (Vi) getting ready to launch its commercial 5G services in March, almost two-and-a-half years after Reliance Jio and Bharti Airtel, all eyes will be on its pricing strategy.
2 mins
Wilmar to emulate ITC post its exit from Adani
ADANI WILMAR (AWL), the country's largest edible oil company, is adopting a strategy similar to ITC's by leveraging its core business and extensive distribution network to drive growth in its high-margin FMCG portfolio after the Adani group exit, according to sources.
1 min
Subscription models gaining traction in ride-hailing sector
SUBSCRIPTION-BASED MODELS are gaining popularity in the online ride-hailing sector, with major players like Ola, Uber and Rapido reconfiguring strategies to stay competitive.
1 min
Tighter anti-spam norms in a month
STRONG SIGNAL
2 mins
UK's Farage should quit as Reform chief: Musk
ELON MUSK SAID Nigel Farage should quit as leader of Britain's right-wing Reform UK party in an abrupt withdrawal of support by the US billionaire for the Brexit campaigner who is trying to shake up the British political establishment again.
1 min
Foxconn Sales Beat View on AI Demand
Strong Show
1 min
180 mn denied voting right: Bangladesh CEC
BANGLADESH'S CHIEF ELECTION Commissioner AMM Nasir Uddin on Sunday said that almost 180 million people have been denied their voting rights and the Election Commission wants to end their deprivation, The Dhaka Tribune newspaper reported. \"We want to remove the pain of their deprivation. We are steadfast in our commitment,\" he said. -PTI
1 min
Former Greek PM Simitis dies at 88
FORMER GREEK PRIME Minister Costas Simitis, who ushered the country into the European Union's single currency in 2001, died on Sunday aged 88 at his summer house in the Peloponnese.
1 min
Specialty steel PLI window reopens today
THE PLI SCHEME has attracted investment commitments of ₹27,106 crore, direct employment of 14,760 and estimated production of 7.90 million tonne of specialty steel.
1 min
Startups Turn to Revenue-Based Financing
Among notable beneficiaries are brands like Smoor Chocolates, Imperio Restaurants, and IDC Kitchen, which have utilized RBF for initiatives such as launching new restaurants or cloud kitchens.
1 min
Korean court rejects Yoon appeal on warrant: Report
A SOUTH KOREAN court dismissed an appeal by lawyers of Yoon Suk Yeol against an arrest warrant for the impeached president, Yonhap reported on Sunday.
1 min
Austria heads towards coalition talks by far right after centrists fail
Austria headed on Sunday towards coalition talks led by the far-right Freedom Party (FPO) after efforts to form a government without the party fell apart and prompted Chancellor Karl Nehammer to resign.
1 min
Ketan Parekh...
HIS LOW PROFILE in the first few years was completely in contrast with Mehta's lifestyle.
1 min
Debt MFs May Get Tax Relief...
Tax Tales
2 mins
Challenges mount for ARCs as retail bad loans swell
WIDELY-ACCEPTABLE PRICING MODEL FOR RETAIL NPAs NOT AVAILABLE
2 mins
SAT gets new member, 2nd bench likely
THE MINISTRY OF Finance (MoF) has appointed Justice Mayank Kumar Jain, a former Allahabad High Court judge, as a judicial member of the Securities Appellate Tribunal (SAT).
1 min
Why housing and urbanisation key to India's growth story
THE RATE OF growth in its urban infrastructure and homes will determine India's overall GDP growth rate.
2 mins
FPIs Withdraw ₹4,285 Crore in First 3 Trading Sessions in Jan
FOREIGN INVESTORS PULLED out ₹4,285 crore from Indian equities in the first three trading days of the month driven by apprehensions ahead of the third-quarter earnings season and high valuations of domestic stocks.
1 min
Using partnerships, AI to enhance presence in India
EBRAHIM MATTHEWS, SENIOR VP, INTERNATIONAL HIGHER EDUCATION, PEARSON
1 min
How it may impact Indian students
H-1B pertains to foreign professionals working in the US, while F-1 visa is for foreign students
2 mins
The Risk-Reward Potential Looks Better in Large-Caps at This Stage
In a significant part of the large-cap sector, the valuations have become reasonable and growth could surprise on the upside in FY26.
2 mins
Reform agriculture
2025 offers a golden opportunity politically for the Modi govt to overhaul the system
4 mins
A step forward, but not without concerns
The draft rules of the data protection law, if retained as is, could present hurdles for implementation, require businesses to make expensive adjustments
2 mins
Bridging brands & beliefs
Digital and legacy firms are jostling to use the opportunity
2 mins
Man magnet: Is this the most handsome bike in India?
THOSE TWIN parking lights that look like jet engines of Messerschmitt Me 262, that calligraphy on the sides where it says 'Goan Classic', those whitewall tyres, and those raised handlebars... if all this isn't art on wheels, what is?
1 min
'Oral care has lagged in premiumisation'
Oral care in India has lagged in premiumisation, but Colgate is using technology and premium products to drive growth.
2 mins
No need to run an air purifier and room heater at the same time
It heats in winter and purifies indoor air all year round
2 mins
A win-win solution
Platform becomes match-maker for India Inc & startups
2 mins
Readying talent for the AI era
GenAI industry to add 1 million new jobs by 2028
2 mins
Track kids' location in real-time
GADGETS ARE UBIQUITOUS in modern life and children often feel pressured to use certain gadgets to stay connected with peers. While Pebble Junior can
1 min
A handy tool to make your voice louder
Simple plug and play design adds to its ease of use
1 min
Stars who couldn't walk the talk
IN THE END, just one Indian could get on top of the dias at the presentation ceremony of Border-Gavaskar Trophy (BGT). Jasprit Bumrah, the captain and the man of the series.
2 mins
Bajaj Auto's EV charge
LAUNCH OF MASS MARKET SCOOTERS PAYS OFF
3 mins
Special Category Visa for Foreign Students
INDIA HAS LAUNCHED two special category visas for international students intending to pursue higher education in academic institutions in the country.
1 min
Financial Express Chennai Newspaper Description:
Utgiver: The Indian Express Ltd.
Kategori: Newspaper
Språk: English
Frekvens: Daily
The Financial Express brings the latest and breaking business news from Markets and Industries in India.
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