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Financial Express Mumbai

Bajaj Housing Finance stock may drop 21%: Kotak report

Initiates coverage with 'sell' rating; target price at ₹100

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1 min  |
January 04, 2025
Unlisted shares on a high with rising investor interest
Financial Express Mumbai

Unlisted shares on a high with rising investor interest

WITH INTEREST IN the unlisted space growing, several smaller firms are deploying innovative ways to tap small investors.

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2 mins  |
January 04, 2025
The rise and fall of Dunzo's Kabeer Biswas
Financial Express Mumbai

The rise and fall of Dunzo's Kabeer Biswas

Though the company's FY24 financials are not available, internal sources suggest Dunzo now operates with 40,000 daily orders and 50 employees

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4 mins  |
January 04, 2025
Financial Express Mumbai

Papa John's plans India re-entry after delays

Papa John's International plans to make its return to the Indian market in 2025, a year later than planned, while many Western brands rethink their plans as inflation hits consumer spending.

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1 min  |
January 04, 2025
Financial Express Mumbai

After quitting as Easy Trip CEO, Pitti says no further stake sale

NISHANT PITTI, who stepped down as the CEO of Easy Trip Planners on January 1, has said that he will not be selling any more stake in the company.

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1 min  |
January 04, 2025
Financial Express Mumbai

DigiLocker Glitch Sparks Backup Demand

THE DIGILOCKER OUTAGE, which disrupted e-KYC processes for fintech firms, brokers, and other businesses, has led to calls from companies and tech experts to improve the resilience of digital public infrastructure (DPI) to avoid similar issues in the future.

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1 min  |
January 04, 2025
Financial Express Mumbai

Zomato & Swiggy may continue ₹10 fee after festivities

Zomato and Swiggy are likely to continue charging customers the increased platform fee of ₹10 per order even after the festive season ends, sources aware of the matter told FE.

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2 mins  |
January 04, 2025
Financial Express Mumbai

Tata Elxsi joins Qualcomm for future mobility

TATA ELXSI PLANS to collaborate with Qualcomm Technologies to develop and leverage virtual models of Snapdragon Digital Chassis solutions for cloud-native application development.

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1 min  |
January 04, 2025
Financial Express Mumbai

India's smartphone market to hit $50-bn milestone in 2025

THE COUNTRY'S SMARTPHONE market is expected to cross $50 billion (₹4.3 lakh crore) in value in 2025, according to Counterpoint Research.

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1 min  |
January 04, 2025
GenAI Intensifies Pricing Pressure on IT Sector
Financial Express Mumbai

GenAI Intensifies Pricing Pressure on IT Sector

The rapid adoption of generative AI (GenAI) is reshaping spending patterns in the IT services industry; however, this technological shift is intensifying pricing pressures for providers.

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2 mins  |
January 04, 2025
Financial Express Mumbai

Weak demand to keep revenue growth of FMCG firms muted

Analysts see slower volume growth from weak urban demand

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2 mins  |
January 04, 2025
Zepto Sets Up New Entity to Shift to Marketplace Model
Financial Express Mumbai

Zepto Sets Up New Entity to Shift to Marketplace Model

Zepto has set up a new entity, Zepto Marketplace, to rejig its operations from a B2B model to a marketplace model, according to people in the know.

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1 min  |
January 04, 2025
Financial Express Mumbai

Vande Bharat sleeper trains set for May launch

WITH SUCCESSFUL TRIALS of the Vande Bharat sleeper trains at a peak speed of 180 kmph, the railways is gearing up to upgrade its premium long-distance passenger services.

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1 min  |
January 04, 2025
Financial Express Mumbai

Govt boosts gas supplies to CGD firms, stocks rise

AROUND 1.27 MMSCMD OF GAS HAS BEEN REALLOCATED

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1 min  |
January 04, 2025
MSP Paddy Purchases Cross Last Year's Level
Financial Express Mumbai

MSP Paddy Purchases Cross Last Year's Level

DESPITE A SLUGGISH commencement of procurement caused by storage crunch in Punjab, the government's paddy procurement for the 2024-25 season (October-September) has surpassed 48.3 million tonne (MT), slightly higher than last year.

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1 min  |
January 04, 2025
Financial Express Mumbai

CPSE dividend receipts at 86% of FY25 target

Dividends likely to exceed the Budget target by a decent margin

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1 min  |
January 04, 2025
Financial Express Mumbai

Major infra, slum redevelopment plans for Mumbai North in 2025

UNION MINISTER PIYUSH Goyal has said slum redevelopment, and fast-tracking key projects like road and railway line extensions, are among the major initiatives planned this year to significantly transform the urban landscape of his Lok Sabha constituency.

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1 min  |
January 04, 2025
EVs don't need additional subsidies
Financial Express Mumbai

EVs don't need additional subsidies

Industry demands infrastructure status for battery charging facilities

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2 mins  |
January 04, 2025
Financial Express Mumbai

Import of Oil from Russia falls 13% in Dec

INDIA'S IMPORT OF Russian crude oil declined by 13.2% to 1.39 million barrels per day in December against 1.61 million barrels per day in November, data from Vortexa showed.

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3 mins  |
January 04, 2025
India looking for deep ties with Trump govt: Goyal
Financial Express Mumbai

India looking for deep ties with Trump govt: Goyal

GOODS AND SERVICES EXPORTS TO CROSS $800 BN THIS FISCAL: MINISTER

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1 min  |
January 04, 2025
Financial Express Mumbai

Govt open to make it easier for startups to return to India

THE GOVERNMENT IS open to ideas to make it easier for startups that have migrated overseas to return, commerce and industry minister Piyush Goyal said on Friday.

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1 min  |
January 04, 2025
Financial Express Mumbai

Poverty below 5%, urban-rural gap reducing: SBI Research

Sharp Decline In Rural Numbers

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2 mins  |
January 04, 2025
Social security framework for gig workers by early FY26
Financial Express Mumbai

Social security framework for gig workers by early FY26

THE GOVERNMENT IS likely to introduce a framework to provide social security coverage to gig and platform workers in the next four to five months, official sources said.

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2 mins  |
January 04, 2025
After buoyant start to 2025, reality check for indices
Financial Express Mumbai

After buoyant start to 2025, reality check for indices

AFTER RISING 2.3% in the first two days of the calendar year, investors resorted to profit-booking on Friday, leading to a decline of up to 0.90% in the benchmark indices.

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2 mins  |
January 04, 2025
Draft rules tighten govt grip on data handling
Financial Express Mumbai

Draft rules tighten govt grip on data handling

Cross-border data flow at govt's discretion

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2 mins  |
January 04, 2025
Financial Express Mumbai

Rupee fall drives forward premium rates past March 2022 high

WITH THE RUPEE touching yet another low of 85.81 a dollar, before settling at 85.78 on Thursday, forward premium rates have increased to multi-year highs.

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2 mins  |
January 04, 2025
Financial Express Mumbai

White-collar hiring up 9% in December

HIRING FOR white-collar jobs in India rose 9% in December compared to the same month in the previous year, a survey released on Thursday showed.

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2 mins  |
January 03, 2025
Manu, Gukesh Among 4 to Be Awarded Khel Ratna
Financial Express Mumbai

Manu, Gukesh Among 4 to Be Awarded Khel Ratna

DOUBLE OLYMPIC-MEDAL-LIST Manu Bhaker and chess world champion D Gukesh were among four winners of the Major Dhyan Chand Khel Ratna award announced by the Sports Ministry, which also named an unprecedented 17 para-athletes in the list of 32 Arjuna awardees to honour their resounding success at the Paris Paralympics.

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1 min  |
January 03, 2025
Financial Express Mumbai

Captain Rohit to miss Sydney Test, 'opts to rest'

THE EARLY HINT of India captain Rohit Sharma sitting out of the final Test of the Border-Gavaskar Trophy at Sydney came from head coach Gautam Gambhir.

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3 mins  |
January 03, 2025
Financial Express Mumbai

Climate change mitigation needs funding

At the fourth edition of the IE Thinc: CITIES series, presented by The Indian Express with Omidyar Network India and moderated by Amitabh Sinha, Editor (Climate and Science), panellists discussed how municipal bodies can leverage capital markets to solve climate-related problems

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3 mins  |
January 03, 2025