CATEGORIES

Financial Express Ahmedabad

Ola Electric CTO, CMO Quit

OLA ELECTRIC'S CHIEF technology officer (CTO), Suvonil Chatterjee, and chief marketing officer (CMO), Anshul Khandelwal, have resigned, delivering another blow to the company that is grappling with declining sales and eroding market share.

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1 min  |
December 28, 2024
Financial Express Ahmedabad

VinFast to make India debut next month

VIETNAMESE ELECTRONIC VEHICLE manufacturer VinFast will unveil its range of models for the Indian market for the first time next month at the Bharat Mobility Expo 2025.

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1 min  |
December 28, 2024
Financial Express Ahmedabad

Households spend marginally more on food items in 2023-24

CONSEQUENTLY, THE SHARE of non-food items in rural areas' MPCE has declined to 52.96% in 2023-24 from 53.62% in 2022-23; and in urban areas to 60.32% from 60.83%.

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3 mins  |
December 28, 2024
Financial Express Ahmedabad

JSW Energy to acquire O2 Power for ₹12,468 cr

JSW NEO ENERGY, a wholly owned subsidiary of JSW Energy, on Friday signed a definitive agreement to acquire 4.7 gigawatt (GW) from O2 Power for a total enterprise value of ₹12,468 crore.

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2 mins  |
December 28, 2024
Financial Express Ahmedabad

Osamu Suzuki, who led Japanese automaker into India, dies

OSAMU SUZUKI, an ingenious pennypincher who led Japan's Suzuki Motor for more than four decades and played a key role in turning India into a flourishing auto market, has died aged 94.

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3 mins  |
December 28, 2024
Financial Express Ahmedabad

5 States Constitute Half of All Digital Fraud Attempts

About 46% of the total digital fraud attempts were concentrated in just 5 states — Uttar Pradesh, Maharashtra, Rajasthan, Telangana, and West Bengal, according to a study by IDfy. The findings are based on 5.7 million video KYC verifications across India.

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1 min  |
December 28, 2024
Financial Express Ahmedabad

Wistron to invest $20 million in new factory line in Karnataka

APPLE IPHONE SUPPLIER Wistron has approved an initial investment of $20 million in one of its subsidiaries to construct a new factory line in Karnataka, laying the foundation to support its upcoming laptop manufacturing plant in India.

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1 min  |
December 28, 2024
Financial Express Ahmedabad

Will 2025 ring in significant turnaround for Voda Idea?

Challenges persist, but it's in a better position to compete

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2 mins  |
December 28, 2024
Financial Express Ahmedabad

Aiming to make Air India profitable: Campbell Wilson

AFTER UNDERGOING a series of changes over the past three years following its takeover by the Tata Group, Air India is targeting to become operationally profitable in the coming period, a top company official said on Friday.

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1 min  |
December 28, 2024
Financial Express Ahmedabad

A Creditable 1st Innings as PM, a Tougher 2nd Term

UPA-II WITNESSED MULTIPLE ALLEGATIONS OF CORRUPTION TOWARDS END OF TENURE

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2 mins  |
December 28, 2024
Financial Express Ahmedabad

Manmohan Singh as an economic reformer

AS FINANCE MINISTER first and later as the Prime Minister, Dr Manmohan Singh has done immense service to the country.

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2 mins  |
December 28, 2024
Financial Express Ahmedabad

History will remember him with gratitude

DR MANMOHAN SINGH will be remembered not kindly but with gratitude by history.

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2 mins  |
December 28, 2024
Financial Express Ahmedabad

A Reformer Who Punched Above His Political Weight

His vision of economic trajectory has been clear, and his actions purposeful and unrelenting

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2 mins  |
December 28, 2024
Financial Express Ahmedabad

ED officer on the run with cash-laden car: CBI on hunt

AN ENFORCEMENT DIRECTORATE (ED) officer posted in Shimla is on the run as the CBI conducted searches at locations linked to him and recovered a large amount of money, including ₹54 lakh that he had allegedly accepted as a bribe, CBI officials said.

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1 min  |
December 28, 2024
Financial Express Ahmedabad

Government Extends Mandate for Imported Coal Plants to Operate at Full Capacity

INDIA ON FRIDAY extended its mandate for imported coal-based power plants to operate at full capacity until Feb. 28, a government circular showed.

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1 min  |
December 28, 2024
Financial Express Ahmedabad

Jaishankar, Blinken Review Advancement of US-India Partnership

EXTERNAL AFFAIRS MINISTER S. Jaishankar met US Secretary of State Antony Blinken and reviewed the advancement of the US-India partnership over the last four years.

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1 min  |
December 28, 2024
Financial Express Ahmedabad

PM CARES Fund receives ₹912 cr as donation in FY23

THE PRIME MINISTER'S Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) received ₹912 crore in contributions during FY23 as donations continued to pour in even after the Covid pandemic.

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2 mins  |
December 28, 2024
Financial Express Ahmedabad

Singh Has Kept a Great Legacy Behind

I first met Dr Manmohan Singh when he was teaching us in 1971.

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1 min  |
December 28, 2024
Financial Express Ahmedabad

At $644 bn, forex reserves drop to over 7-month low

THE COUNTRY'S FOREX reserves fell for a third consecutive week and stood at a more-than-seven-month low of $644.391 billion for the week ended December 20, the RBI said on Friday.

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1 min  |
December 28, 2024
Financial Express Ahmedabad

CAD shrinks to 1.2% in Q2 on high service exports

Deficit may widen to 2.5-2.7% in Q3, say experts

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2 mins  |
December 28, 2024
Financial Express Ahmedabad

Trump Tariffs to Define Global Trade in 2025

The liberal use of tariff threats by US President-elect Donald Trump before his inauguration next month raises questions over the forecasts of how world trade would shape up in the coming year, but Indian exporters are mostly positive about the prospects and their biggest worry stems from demand slowdown in bigger markets.

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4 mins  |
December 28, 2024
Financial Express Ahmedabad

Govt to purchase soyabean at MSP

MANDI PRICES FOR soyabean, a key kharif oilseed crop, remain below the minimum support price (MSP) due to a robust harvest, even as government agencies have procured about one million tonnes of the oilseed under the price support scheme (PSS) in six key growing states since October.

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1 min  |
December 28, 2024
Financial Express Ahmedabad

DDF strengthens its Senior Management Team

DF has further strengthened its senior management team with the appointment of eight senior executives across major departments in recent months.

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2 mins  |
December 27, 2024
Financial Express Ahmedabad

Demerit act by Kohli on Konstas' striking debut

● Indian fined 20% fee for shoulder barge with teenager

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3 mins  |
December 27, 2024
Financial Express Ahmedabad

The 'global' price factor

Long years of inward-looking policies by govts to blame

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4 mins  |
December 27, 2024
Financial Express Ahmedabad

China Clears World's Largest Dam in Tibet Near India Border

CHINA HAS APPROVED construction of the world's largest dam, stated to be the biggest infra project costing $137 billion, on the Brahmaputra river in Tibet close to the Indian border, raising concerns in riparian states India and Bangladesh.

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1 min  |
December 27, 2024
Financial Express Ahmedabad

Govt Mulls Tax Relief for Middle Class

THE FINANCE MINISTRY did not immediately respond to an email seeking comment.

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1 min  |
December 27, 2024
Financial Express Ahmedabad

A weak rupee may jack up import bills

\"THE COST OF imports of oil & gas will increase with a weakening rupee. However, with the decline in oil prices to $70-75 per barrel now, the impact of weakening rupee would be offset,\" said Girishkumar Kadam, senior vice-president & group head - corporate ratings, at Icra.

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3 mins  |
December 27, 2024
Financial Express Ahmedabad

Dhindsa: Talk less, deliver more

IT IS SUCH attention to detail that's helping Blinkit leave the competition behind by a mile.

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2 mins  |
December 27, 2024
Financial Express Ahmedabad

In a first, EatSure launches multi-restaurant ordering

EATSURE, THE D2C platform of online restaurant company Rebel Foods, on Thursday announced the launch of a new feature allowing users to order from multiple restaurants in one order.

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1 min  |
December 27, 2024