Financial Express Pune - January 17, 2025
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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
Financial Express Pune Newspaper Description:
الناشر: The Indian Express Ltd.
فئة: Newspaper
لغة: English
تكرار: Daily
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