Financial Express Mumbai - December 12, 2024Add to Favorites

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December 12, 2024

ONGC eyes Shell, Petronas tie-ups

STATE-RUN ONGC is discussing technology tie-ups with global energy giants like Shell and Petronas for several offshore gas fields.

2 mins

Bhartias to buy 40% in Coke's India bottler

DEAL VALUE PEGGED AT ₹12,500 CRORE

2 mins

Nasdaq-listed ReNew to go private

FOUR MAJOR INVESTORS in Nasdaq-listed ReNew Energy Global have offered to take the company private.

1 min

Industry should strategically realign, support MSMEs: FM

Inflation a global challenge, says Sitharaman

Industry should strategically realign, support MSMEs: FM

2 mins

CEA warns against undue regulation stifling innovation

Asks regulators to be mindful of the limitations of unelected power”

2 mins

Pharma exporters fret over regulatory hurdles

A bunch of regulatory and administrative issues is scuttling the growth of pharma exports, according to the federation of pharmaceutical and allied products merchant exporters (FPME).

2 mins

DPIIT to examine why demand for higher import tariffs exists

THE GOVERNMENT WILL have to look into why the industry has still not become competitive and demands for higher import tariffs keep coming up, while India's import duties are at world average, a senior official said on Wednesday.

1 min

CCI looking at killer, creeping acquisitions in digital market

The Competition Regulator is closely watching the mergers and acquisitions (M&As) in the digital market to identify \"killer\" and \"creeping\" acquisitions.

CCI looking at killer, creeping acquisitions in digital market

1 min

Import management system for laptops extended till Dec '25

The government on Wednesday extended the import management system for laptops, tablets and other IT hardware by a year beyond December 31.

1 min

Agriculture has tremendous opportunity to grow vertically: ITC chairman

THERE IS A 'serious concern' over food and nutrition security across the world, and it is among the factors that are making food inflation 'sticky', ITC chairman & managing director Sanjiv Puri said on Wednesday.

1 min

ADB lowers India growth estimate to 6.5% for FY25

THE ASIAN DEVELOPMENT Bank (ADB) on Wednesday lowered India's growth estimate to 6.5% from 7%, due to a deceleration of growth in the second quarter.

ADB lowers India growth estimate to 6.5% for FY25

1 min

Jobs scheme may come on stream by early Jan

The government is likely to notify its flagship employment-linked incentive schemes (ELIs), introduced in the Budget, by early January, in order to boost job creation as well as manufacturing activity, an official source said.

Jobs scheme may come on stream by early Jan

1 min

Concern in govt: Pvt sector profit at 15-year high but salaries stagnant

From services to manufacturing, wages show marginal growth

Concern in govt: Pvt sector profit at 15-year high but salaries stagnant

4 mins

FMCG firms count on revival in urban demand by FY26

SLOWDOWN LIKELY TO PERSIST IN NEXT TWO QUARTERS

2 mins

Zepto to roll out separate app for Cafe offerings

QUICK COMMERCE PLATFORM

Zepto to roll out separate app for Cafe offerings

1 min

RPower arm bags 930 MW contract from SECI

RELIANCE NU SUNTECH, a subsidiary of Reliance Power, has bagged a 930 MW solar energy contract for battery energy storage system (BESS) project from Solar Energy Corporation of India (SECI) in an e-reverse auction held on December 9.

1 min

Short-video apps bounce back with new monetisation strategies

DOMESTIC SHORT VIDEO platforms are seeing a revival after the post-pandemic slump, driven by innovative monetisation strategies and hyper-local content.

Short-video apps bounce back with new monetisation strategies

2 mins

Adani opts out of US funding for Colombo Port project

ADANI GROUP HAS pulled out of a loan deal with a US agency to fund a port terminal in Sri Lanka, saying that it will use its own resources for the project.

Adani opts out of US funding for Colombo Port project

1 min

Swiggy introduces invite-only premium membership

FOOD DELIVERY MAJOR Swiggy on Wednesday introduced an invite-only membership programme One BLCK, offering benefits like on-time delivery guarantee and complimentary cocktails, drinks or desserts for dining-out customers.

1 min

Toyota brings new Camry, looks to take on Audi, Merc

TOYOTA KIRLOSKAR MOTOR on Wednesday drove in the all-new Camry sedan priced ₹48 lakh, ex-showroom, making it a competitor to luxury cars like Mercedes-Benz C-Class (₹59.4 lakh), BMW 3 Series Gran Limousine (₹60.6 lakh), and Audi A4 (₹46.02 lakh).

Toyota brings new Camry, looks to take on Audi, Merc

1 min

GMR rolls out AI tool for airport ops

After Hyderabad, facility to be launched in Delhi

1 min

InMobi's Glance TV ties up with Airtel

INMOBI'S GLANCE, WHICH provides lockscreen content on mobile phones, has partnered with Bharti Airtel to extend the offering to television, specifically connected TVs (CTVs), the companies said on Wednesday.

1 min

Venture Catalysts looks to end FY25 by backing 40 startups

FOCUS ON CUTTING-EDGE SECTORS LIKE SPACE TECH, DEFENCE TECH, AI

1 min

Rupee to outperform emerging market peers in periods of dollar strength

Emerging market (EM) currencies with larger trade surpluses with the US could be more at risk once Donald Trump assumes office.

Rupee to outperform emerging market peers in periods of dollar strength

3 mins

RBI has huge responsibility to ensure growth: Governor

Central bank to ensure growth to continue, says Malhotra after assuming charge

RBI has huge responsibility to ensure growth: Governor

2 mins

Bajaj Fin may face asset quality, credit cost challenges

SHARES OF BAJAJ Finance (BFL) gained 2.61% to close at ₹7,115.75 on the BSE on Wednesday, a day after the management shared an upbeat guidance and spoke about its long-range strategy (2025-2029) and artificial intelligence (AI) pivot during a meeting with analysts.

Bajaj Fin may face asset quality, credit cost challenges

1 min

Xi readies bargaining chips for US trade war

PRESSURE ON YUAN HAS RISEN SINCE TRUMP'S VICTORY

2 mins

US inflation rises 2.7%, solidifies bets on Fed cut

US CONSUMER PRICES rose at a firm pace in November that was in line with expectations, solidifying expectations for the Federal Reserve to cut interest rates next week.

US inflation rises 2.7%, solidifies bets on Fed cut

1 min

Trump Vows to Speed Up Permits for Those Investing $1 Billion in US

President-elect Donald Trump said his administration would help expedite permits for any person or company that invested at least $1 billion in the U.S.

Trump Vows to Speed Up Permits for Those Investing $1 Billion in US

1 min

Biden mulls new Russia oil sanctions to weaken Putin

SANCTIONING MOSCOW'S TANKERS

1 min

Building LLMs: a strategic necessity

TO ENSURE LONG-TERM RESILIENCE, IT IS IMPORTANT FOR INDIA TO TRAIN ITS OWN LLMs

Building LLMs: a strategic necessity

3 mins

Whither universal health coverage in India?

India's Universal Health Coverage policy should focus on the reduction of inequalities in our core health outcomes

3 mins

From TikTok to Nvidia, the tech war gets uglier

BYTEDANCE LTD.'S OPTIONS for TikTok in the US are looking increasingly desolate, as the tech war between Washington and Beijing boils over.

3 mins

Change course

The economy's capacity is constrained, Budget must unveil consumption booster and more

2 mins

Prioritising inclusion in social networking

@®Famm Connect acts as a LinkedIn for the LGBTQ+ community

Prioritising inclusion in social networking

2 mins

Early detection to prevent TB spread

AI-led solutions help screening for the disease

Early detection to prevent TB spread

2 mins

Making digital work for women

UPI's ease of use allows them to expand business

Making digital work for women

2 mins

Sebi notifies tighter insider trading rules

RISK OF UNJUST ACCUSATIONS RISES

1 min

MFs, pension funds must be active in corp bond market: Setty

STATE BANK OF India (SBI) chairman C S Setty on Wednesday called for active participation of mutual funds and pension funds in the corporate bond market.

MFs, pension funds must be active in corp bond market: Setty

1 min

Rupee gains 2p to settle at 84.83

THE RUPEE GAINED 2 paise to close at 84.83 against the US dollar on Wednesday, a tad above its all-time low level, amid rising expectations of a shift in the Reserve Bank's monetary policy stance following the appointment of Sanjay Malhotra as the new governor.

1 min

Equirus Wealth crosses ₹10K cr in assets under management

Equirus Wealth on Wednesday said it has surpassed ₹10,000 crore in assets under management (AUM).

1 min

'India should stop playing footsie with everyone and say loudly that we are part of an open world'

A Tan Adda held in Mumbai, political analyst and CNN news host Fareed Zakaria spoke on what Trump's win means for the rest of the world, how his talk of increasing tariffs will play out, and why India is the most pro-American country in the world

'India should stop playing footsie with everyone and say loudly that we are part of an open world'

4 mins

Pushpa 2 hits ₹1,000-crore milestone at global BO

ALLU ARJUN'S PUSHPA 2: The Rule has hit the milestone of ₹1,000 crore at the global box office in just six days, making it the fastest Indian film to register the feat.

1 min

EY case puts spotlight on white-collar labour laws

Decades-old laws largely focused on blue-collar workers

EY case puts spotlight on white-collar labour laws

1 min

Why international stars are pulling out of Hockey India League en masse

IN OCTOBER, WHEN the Hockey India League (HIL) player auctions were held, 96 international stars were snapped up by eight men and four women franchises. Now, with a fortnight left for the competition to begin, more than one-fourth of them have pulled out.

Why international stars are pulling out of Hockey India League en masse

2 mins

US hotels welcome Indian tourists with chai, samosa

US HOTELS AND travel companies are aiming to tap a surge in Indian tourists to boost revenue as domestic leisure spending falters and demand from East Asian countries remains below pre-pandemic levels.

US hotels welcome Indian tourists with chai, samosa

1 min

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Financial Express Mumbai Newspaper Description:

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