Financial Express Kochi - January 06, 2025Add to Favorites

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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

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

Agri credit scales new high, to cross ₹28 lakh cr in FY25

Seen up 10%; formalisation of rural credit aids process

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

OMCs may see muted refining margins in FY26

Slippery Path

2 mins

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

Direct benefit transfers top ₹4 lakh crore so far this fiscal

Headroom to improve spending quality

1 min

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

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

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

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

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

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

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

Tighter anti-spam norms in a month

TIGHTER REGULATIONS ON curbing spam as well as new consultation examining an authorisation framework for telemarketers are expected in coming weeks, said Trai chairman Anil Kumar Lahoti.

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

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

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

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

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

Ketan Parekh...

HIS LOW PROFILE in the first few years was completely in contrast with Mehta's lifestyle.

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

Debt MFs May Get Tax Relief...

SEPARATELY, THE INDUSTRY has sought alignment in holding periods while calculating LTCG for gold-based investments such as gold exchange traded funds (ETFs), gold mutual funds, sovereign gold bonds, and physical gold.

2 mins

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

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

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

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

Foxconn Sales Beat View on AI Demand

Strong Show

1 min

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

Challenges mount for ARCs as retail bad loans swell

WIDELY-ACCEPTABLE PRICING MODEL FOR RETAIL NPAs NOT AVAILABLE

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

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

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

Using partnerships, AI to enhance presence in India

Learning company Pearson has started using artificial intelligence (AI) to translate some of its international blockbuster titles into Indian languages.

1 min

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

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

Bridging brands & beliefs

Digital and legacy firms are jostling to use the opportunity

2 mins

'Oral care has lagged in premiumisation'

Executive Vice-President, Marketing, Colgate-Palmolive India

2 mins

Track kids' location in real-time

A 4G smartwatch with large display and GPS tracking for kids that offers a variety of features to help keep children safe and connected.

1 min

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

Readying talent for the AI era

GenAI industry to add 1 million new jobs by 2028

2 mins

A win-win solution

Platform becomes match-maker for India Inc & startups

2 mins

A handy tool to make your voice louder

Simple plug and play design adds to its ease of use

1 min

Bajaj Auto's EV charge

LAUNCH OF MASS MARKET SCOOTERS PAYS OFF

3 mins

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

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

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Financial Express Kochi Newspaper Description:

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