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January 17, 2025

RIL profit up 7.4% on retail, telecom boost

SURPASSES ESTIMATES; O2C BIZ SEES RECOVERY

1 min

CAPITAL GAINS: THE NEXT BIG THING?

THE PRESENT & NEW PATHS FOR THE FUTURE

1 min

Agri & processed food exports grow over 11% to $17.77 bn

Rice Shipments Surge

1 min

8th Pay Commission to be formed, 11.5 mn to benefit

CONSUMPTION BOOSTER TO TAKE EFFECT FROM FY27

3 mins

India likely to maintain strong growth in 2025: WEF report

THE GLOBAL ECONOMIC outlook for 2025 remains \"subdued\", but India is likely to maintain a \"strong growth\", according to a World Economic Forum (WEF) report.

1 min

Hydrocarbon sector seeks cut in cess & regulatory reforms

THE OIL AND gas industry has sought supportive regulatory reforms to compensate for losses incurred by downstream companies on the sale of auto fuels, and a cut in the cess on crude oil production.

1 min

Ficci Lowers FY25 Growth Forecast to 6.4%

INDUSTRY BODY FICCI on Thursday lowered India's growth projection for the current financial year to 6.4% from 7% estimated earlier.

1 min

MTech enrolment drops to lowest in seven years

THERE'S A DECLINING interest in India's MTech courses.

1 min

FM Sitharaman Meets Singapore President

Finance Minister Nirmala Sitharaman called on visiting Singapore President Tharman Shanmugaratnam on Thursday and discussed the countries' comprehensive strategic partnership.

1 min

China's export curbs to impact solar & EV firms in India: GTRI

INDIAN FIRMS IN the electronics, solar, and electric vehicle (EV) sectors are experiencing delays and disruptions due to China's restrictions on export of key inputs and machinery, according to trade policy think tank GTRI.

1 min

Over 80% firms seek wider PM internship scheme coverage

THE PM INTERNSHIP scheme has gained traction with Corporate India with as many as 81% of companies supporting the scheme to be extended to all firms, according to a survey by TeamLease EdTech.

2 mins

Gadkari says fault in road laying should attract jail term

Union Road Transport and highways minister Nitin Gadkari on Thursday said faulty road construction should be made a non-bailable offence, and road contractors and engineers should be held responsible for accidents and imprisoned.

1 min

Jio Profit Jumps 4.9% to ₹6,861 Cr, Arpu at ₹203

DRIVEN BY TARIFF HIKES; REVENUE UP 4.3% TO ₹33,074 CR

1 min

LTIMindtree Q3 net profit falls 7.14% to ₹1,085 cr

IT SOLUTIONS PROVIDER LTIMindtree on Thursday reported a 7.14% decline in consolidated net profit to ₹1,085.4 crore in the December quarter of FY25.

1 min

EVs to take centre stage at auto expo

THE SECOND EDITION of the Bharat Mobility Global Expo 2025 is set to kick off on Friday, with a primary focus on electric vehicles (EVs) as the future of sustainable mobility.

1 min

Reliance Retail profit surges 10% in Q3 on festive rush

Gross revenue tops ₹90K cr; FMCG biz touches ₹8K cr in 1st nine months of FY25

2 mins

Maruti Suzuki set to enter EV era with eVitara launch

● India to become EV export hub for Suzuki, says Toshihiro

1 min

Infosys adds 5,591 staff in Q3, to hire over 20,000 in FY26

BENGALURU-BASED INFOSYS added 5,591 to its headcount in the quarter ended December, taking the total headcount to 3,23,379.

1 min

Spencer's Retail forays into q-comm with JIFFY

● In Q3FY25, firm narrowed its net loss to ₹47.34 cr

1 min

Govt to provide support to startups, domestic investors join growth push

Minister Piyush Goyal on Thursday assured \"excellent\" support to startups and said domestic investors are now also recognising capabilities and the value proposition of investing in these enterprises.

1 min

Mumbai Int'l Airport witnesses 6.3% growth in passenger traffic in 2024

MUMBAI INTERNATIONAL AIRPORT logged a 6.3 per cent year-on-year growth in passenger traffic at 5.48 crore in 2024, the private airport operator Mumbai International Airport Ltd (MIAL) said on Thursday.

1 min

iPhone Market Share in India Touches 10%

• Apple breaks into India's top five smartphone brands

1 min

NCLAT to decide on Meta plea next week

THE NATIONAL COMPANY Law Appellate Tribunal (NCLAT) has admitted Meta's plea challenging a ₹213.14 crore penalty imposed by the Competition Commission of India (CCI) for alleged abuse of market dominance.

1 min

Rural India Extends Lead in Internet Usage: Study

The gap between the number of internet users in rural and urban India has grown, with rural areas adopting the internet at a faster pace, according to a report by IAMAI and market research firm Kantar.

1 min

Both apps of ShareChat to turn profitable by Apr: CBO

ShareChat expects its apps, ShareChat and Moj, to turn profitable by April, company's chief business officer Gaurav Jain said.

1 min

Rural India extends lead in internet usage: Study

The gap between the number of internet users in rural and urban India has grown, with rural areas adopting the internet at a faster pace, according to a report by IAMAI and market research firm Kantar.

1 min

4 in 5 professionals looking for a new job in 2025: Study

OVER FOUR IN five (82%) professionals in India are gearing up for a job hunt this year, even as more than half (55%) report that finding a job became tougher in 2024, according to LinkedIn.

1 min

Kirloskar Oil Engines vs Sebi: KBL plea to intervene allowed

KIRLOSKAR BROTHERS (KBL) was granted permission on Thursday to intervene in the Kirloskar Oil Engines (KOEL) versus markets regulator Securities Exchange Board of India (Sebi) case before the Securities Appellate Tribunal (SAT).

1 min

Kalyani siblings spar over Vaghul letters

A FIERCE DISPUTE has erupted between the Baba Kalyani and Hiremath families over letters written by the late N Vaghul in 2012 and 2023, addressing family arrangements and asset division among the Kalyani siblings.

2 mins

Amazon to acquire BNPL startup Axio

E-COMMERCE GIANT AMAZON is set to acquire Indian startup Axio, an online lending platform offering point-of-sale financing.

1 min

With VRR window open, bond buyback sees limited success

THE RESERVE BANK of India on Thursday conducted a buyback auction of government securities worth ₹30,000 crore and repurchased only ₹9,892 crore of bonds, as banks were unwilling to sell G-Secs at a loss, said traders.

1 min

RBI Receives Bids Worth ₹30,760 Cr in VRR Auction

● Primary dealers emerged as main participants

1 min

Next fundraise may trim govt holding to below 75%: BoM MD

BANK OF MAHARASHTRA (BoM) on Thursday said the next round of capital raise is expected to bring down the government holding in the lender to below 75%.

1 min

Nate Anderson: The self-proclaimed messiah

The decision to disband now is curious. Anderson's reply, \"There is not one specific thing—no particular threat, no health issue, and no big personal issue.\"

3 mins

Axis Bank's net profit rises 4% to ₹6,304 crore

AXIS BANK ON Thursday reported a smaller-than-expected rise in its quarterly profit as the loan growth slowed and it set aside more funds against potential bad loans.

1 min

RBI Relaxes FEMA Regulations to Boost Cross-Border Trade

TIMES ITS MOVE TO PERFECTION

1 min

Adani Group Stocks Rally as Hindenburg Shuts Shop

ADANI GROUP STOCKS rallied on Thursday after Hindenburg Research, which made international waves with campaigns targeting billionaire Gautam Adani that wiped billions from the market value of his group companies, founder Nate Anderson announced its shutdown.

1 min

Partners, not rivals, in delivery ecosystem

The synergistic relationship of GCCs and GSIs will continue to fuel India's technological prowess as it supports the front and back offices of companies

3 mins

The power of nowcasting

KNOWING THE PRESENT MATTERS TO INVESTORS AND POLICYMAKERS, DIGITAL EXHAUST MAKES IT POSSIBLE

4 mins

A Bridge Not So Far

There is a need for a unified platform to link aspiring entrepreneurs with industry stalwarts and mentors

2 mins

When Brad Jacobs Talks, Investors Should Listen

MORE THAN TWO years ago, billionaire Brad Jacobs announced plans to start a new roll-up venture after a move in 2022 to break into three parts XPO, the logistics company that he built through acquisitions to reach as much as $17 billion in sales from $160 million in a little more than a decade.

2 mins

From mud to the mat

● The Kho Kho Federation is sparing no effort to put the sport on the map

3 mins

Morgan Stanley profit more than doubles

MORGAN STANLEY'S PROFIT more than doubled in the fourth quarter, fueled by a wave of deal-making and stock sales that drove its revenue to a full-year record.

1 min

UK economy grows by just 0.1% in Nov

BRITAIN'S ECONOMIC OUTPUT returned to growth in November, the first month after finance minister Rachel Reeves announced big tax increases for businesses, but the expansion was smaller than expected.

1 min

In farewell speech, Biden warns against growing oligarchy in US

OUTGOING PREZ FLAGS POTENTIAL RISE OF 'TECH-INDUSTRIAL COMPLEX'

1 min

BofA Profit Jumps on Trading Boost

BANK OF AMERICA'S profit beat expectations on Thursday as its traders benefited from a flurry of activity in the fourth quarter while the lender predicted it would earn more interest income in 2025.

1 min

Barclays in the fray to take over Apple's credit card business

APPLE IS IN talks with Barclays to replace Goldman Sachs as the tech giant's credit card partner, said two sources familiar with the matter, as the Wall Street giant steps back from its consumer finance ambitions.

1 min

BP to cut 5% of workforce

BP IS ELIMINATING 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, Chief Executive Officer Murray Auchincloss told staff on Thursday, as the London-based energy giant seeks to reduce costs.

1 min

Infosys Raises Guidance for FY25

Net profit rose 4.6% quarter-on-quarter to \" 6,806 crore, slightly above analysts' expectations of \" 6,773 crore.

2 mins

Bezos blasts into commercial space race

BLUE ORIGIN'S GIANT New Glenn rocket blasted off from Florida early Thursday morning on its first mission to space, an inaugural step into Earth's orbit for Jeff Bezos' space company as it aims to rival SpaceX in the satellite launch business.

1 min

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Financial Express Pune Newspaper Description:

الناشر: The Indian Express Ltd.

فئة: Newspaper

لغة: English

تكرار: Daily

The Financial Express brings the latest and breaking business news from Markets and Industries in India.
The Financial Express is the best source of information on Business, Finance, Stock Markets, Equity market, Economy, companies and Industries.
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