CATEGORIES

Kshatriya protests on in Gujarat, BJP remains cautious
Financial Express Mumbai

Kshatriya protests on in Gujarat, BJP remains cautious

AS THE BJP grapples with protests by the Kshatriya community in Gujarat over the comments of Union minister Parshottam Rupala, its Rajkot Lok Sabha candidate, state party president CR Paatil on Thursday wrote on X that he did not have a \"magic wand\".

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1 min  |
April 05, 2024
It is Modi ki guarantee to provide citizenship: PM
Financial Express Mumbai

It is Modi ki guarantee to provide citizenship: PM

For India to become the thirdlargest economy, a majboot sarkar’ at the Centre is needed

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1 min  |
April 05, 2024
Financial Express Mumbai

Results season litmus test for small-caps

THE UPCOMING MARCH quarter earnings season is set to be a litmus test for smallcap companies as they will need to justify their premium valuations amid continued exuberance in their stock performances.

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2 mins  |
April 05, 2024
Financial Express Mumbai

NSE awaits Sebi nod to file fresh DRHP for IPO

THE NATIONAL STOCK Exchange (NSE) is awaiting an approval from the Securities and Exchange Board of India (Sebi) for filing a new draft red herring prospects (DRHP) for its long-planned initial public offering, Ashishkumar Chauhan, MD & CEO, told reporters on Thursday.

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1 min  |
April 05, 2024
Financial Express Mumbai

Private banks' deposit mobilisation picks up

Five out of seven banks’ deposits grow faster than credit offtake in Q4

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2 mins  |
April 05, 2024
RE Mining resumes in Goa after 6 years; Vedanta begins ops
Financial Express Mumbai

RE Mining resumes in Goa after 6 years; Vedanta begins ops

MINING IN GOA resumed after a gap of six years, with mining major Vedanta on Thursday announcing that it has commenced operations at Bicholim Mineral Block in the state.

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1 min  |
April 05, 2024
VI picks Jefferies, Axis for share sale
Financial Express Mumbai

VI picks Jefferies, Axis for share sale

VODAFONE IDEA HAS appointed the investment banking units of Axis Bank and Jefferies Financial Group for its $2.4 billion share sale, according to sources, as the founders-Vodafone Group and the Aditya Birla Group seek to turn around the unprofitable joint venture.

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1 min  |
April 05, 2024
Financial Express Mumbai

Sluggish demand may weigh on FMCG firms

Dabut says rural growth coming back

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2 mins  |
April 05, 2024
ITC Foods' dairy & beverage biz to focus on volume
Financial Express Mumbai

ITC Foods' dairy & beverage biz to focus on volume

DAIRY AND BEVERAGES maker ITC Foods is gearing up for volumeled growth in FY25 on the back of commodity pricing stabilising, an expanded summer portfolio, and enhanced reach in smaller geographies, chief operating officer (COO) Sanjay Singal told FE.

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3 mins  |
April 05, 2024
Financial Express Mumbai

Realty players plan new hotels to shore up revenues

OVER HALF A dozen top property developers, including Tata Realty & Infrastructure, Oberoi Realty, Prestige Estates, Ambuja Neotia Group and Panchshil Realty, are looking to build new hotels and also manage global hospitality brands.

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2 mins  |
April 05, 2024
Financial Express Mumbai

Apple explores robotics as potential 'next big thing'

APPLE HAS TEAMS investigating a push into personal robotics, a field with the potential to become one of the company's ever-shifting \"next big things\", according to sources.

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2 mins  |
April 05, 2024
Financial Express Mumbai

Govt steps up wheat purchase, says food inflation under check

No plan to lift rice export curbs, no sugar shipments this season

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2 mins  |
April 05, 2024
Muthoot Finance under CCI lens for forum shopping
Financial Express Mumbai

Muthoot Finance under CCI lens for forum shopping

THE COMPETITION COMMISSION of India (CCI) is learnt to have found Muthoot Finance misrepresenting information in a complaint before it and indulging in forum shopping.

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1 min  |
April 05, 2024
Financial Express Mumbai

Services sector growth hits over 13-year high in March

Manufacturing Index at 16-year high

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1 min  |
April 05, 2024
Financial Express Mumbai

RBI, NPCI propose ways to cut cross-border remittance costs

THE RESERVE BANK of India (RBI) and National Payments Corporation of India (NPCI) have apprised the World Trade Organisation (WTO) of ways to reduce the cost of cross-border remittances, given that these could go as high as 8% under current circumstances.

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2 mins  |
April 05, 2024
Financial Express Mumbai

Tesla for India, made in Berlin

TESLA HAS BEGUN production of right-hand drive cars at its plant in Germany for export to India later this year, three people aware of the company's plans told Reuters, as it moves ahead with a possible entry into the world's third-largest car market.

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1 min  |
April 05, 2024
Financial Express Mumbai

Byju's seeks arbitration in dispute with investors

TROUBLED EDTECH MAJOR Byju's on Thursday sought arbitration as a way to resolve the dispute with a group of investors, filing an application with the National Company Law Tribunal (NCLT).

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1 min  |
April 05, 2024
RBI defers forex derivatives rules
Financial Express Mumbai

RBI defers forex derivatives rules

Move could significantly reduce the impact cost and cool down segment

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3 mins  |
April 05, 2024
Financial Express Mumbai

Startups come of age as 'dead pool' slumps 75%

INDIA'S UNICORN STORY may have slowed down and a large number of startups may be freezing in the funding winter, but there is a good story unfolding as well that of an improving survival rate.

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2 mins  |
April 05, 2024
T20 slam-bang shouldn't reflect street cricket
Financial Express Mumbai

T20 slam-bang shouldn't reflect street cricket

ANOTHER NIGHT, ANOTHER 250 plus score as KKR's Sunil Narine blasted his team to 272 with help from his teammates Andre Russell and Angkrish Raghuvanshi.

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1 min  |
April 04, 2024
Indian troops to leave from Maldives by April: Muizzu
Financial Express Mumbai

Indian troops to leave from Maldives by April: Muizzu

MALDIVES PRESIDENT MOHAMED Muizzu has said that Indian military personnel manning the second aviation platform would be withdrawn \"within the current month' and reiterated that the entire process would be completed by May 10, a media report said here on Wednesday.

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1 min  |
April 04, 2024
New tweaks in Class 12 history book: Doubts over Aryan migration
Financial Express Mumbai

New tweaks in Class 12 history book: Doubts over Aryan migration

FROM THE ASSERTION that recent studies of ancient DNA obtained from archaeological sources at Rakhigarhi, an Indus Valley site in Haryana, rule out Aryan immigration to a call for more research into whether the Harappans and the Vedic people were the same.

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4 mins  |
April 04, 2024
Financial Express Mumbai

Firms to train over 650k staff in GenAI, says report

BETWEEN 2023 AND 2024, over 650,000 employees are expected to undergo training in generative AI technology, as India sees surge in AI adoption, with Al-driven growing 2.7x in these two years, according to a report by Deloitte.

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1 min  |
April 04, 2024
Financial Express Mumbai

High valuations could tame the bull this fiscal

\"GIVEN THE EXCEPTIONAL returns observed in FY24 across various indices, it would be prudent for investors to moderate their expectations for FY25,\" said Nilesh Shah, MD of Kotak AMC.

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2 mins  |
April 04, 2024
Harman taps GenAl to tackle healthcare woes
Financial Express Mumbai

Harman taps GenAl to tackle healthcare woes

Develops a private LLM to advance patient care and medical research

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2 mins  |
April 04, 2024
Cong leader calls for violent method to confront Modi
Financial Express Mumbai

Cong leader calls for violent method to confront Modi

CHHATTISGARH CONGRESS LEADER Charan Das Mahant, Leader of Opposition in the Assembly and a former Union Minister of State, is at the centre of a storm over his remarks that a \"stick-wielding\" person who can \"break Modi's head\" is needed to take on the Prime Minister.

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1 min  |
April 04, 2024
Suspended TMC leader Shahjahan faces fishery fraud
Financial Express Mumbai

Suspended TMC leader Shahjahan faces fishery fraud

LAND GRABBING, MONEY laundering, browbeating fish sellers, and creating an atmosphere of terror these allegations figure among submissions made by the Enforcement Directorate in court while seeking custody of suspended Trinamool Congress strongman Sheikh Shahjahan.

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1 min  |
April 04, 2024
Financial Express Mumbai

ED opposes Kejriwal plea, citing election immunity

Bizarre, says CM’s lawyer Singhvi on ED drawing parallels with murder, terror

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2 mins  |
April 04, 2024
Financial Express Mumbai

Banks going slow on personal loans

THE SHARP GROWTH in personal loans is losing momentum as banks have started going slow on unsecured loans following the Reserve Bank of India's (RBI) hike in risk weight on personal loans last year.

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2 mins  |
April 04, 2024
Blackstone to invest $2 bn a year in India
Financial Express Mumbai

Blackstone to invest $2 bn a year in India

BETTING BIG ON the Indian growth story, US private equity major Blackstone intends to invest $2 billion per annum and garner an additional portfolio of $25 billion over the next five years.

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1 min  |
April 04, 2024