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Financial Express Hyderabad

RIL Spent $13 Billion on Acquisitions in 5 Years

RELIANCE INDUSTRIES HAS spent $13 billion on acquisitions in the past five years across new energy, telecom, retail, and media businesses to script a pivot away from core oil and petrochemicals business to clean energy and consumer-facing verticals.

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1 min  |
January 01, 2025
Financial Express Hyderabad

BAA plans to open pilot training centre in India

BAA TRAINING, A global aviation training provider, is considering establishing a pilot training centre in India to capitalise on the predicted surge in air travel demand in the country.

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1 min  |
January 01, 2025
Financial Express Hyderabad

BPCL boosts West Asian oil imports

Oil imports from Russia slipped to 1.47 mn barrels/day

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1 min  |
January 01, 2025
Financial Express Hyderabad

Investor confidence powers semiconductor startups

SEMICONDUCTOR STARTUPS ARE riding a wave of increased investor confidence, with total funding in 2024 reaching $21.3 million, according to Tracxn.

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2 mins  |
January 01, 2025
Financial Express Hyderabad

Atul, Rahul Kirloskar to challenge Sebi order on family settlement

ENTITIES UNDER ATUL and Rahul Kirloskar's control - Kirloskar Oil Engines (KOEL), Kirloskar Industries (KIL), Kirloskar Pneumatic (KPCL), and Kirloskar Ferrous (KFL) - are gearing up for a legal battle against a Securities and Exchange Board of India (Sebi) directive.

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1 min  |
January 01, 2025
Financial Express Hyderabad

Blinkit Launches Large Order Fleet in Delhi, Gurugram

BLINKIT, QUICK COMMERCE arm of Zomato, has launched a large order fleet in Delhi and Gurugram.

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1 min  |
January 01, 2025
Financial Express Hyderabad

IT companies set for gradual Q3 recovery with BFSI boost

Mid-tier IT firms likely to outpace industry majors

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2 mins  |
January 01, 2025
Financial Express Hyderabad

Emerging tech to spur 20% job growth in India

INDIAN IT ECOSYSTEM is poised for a promising growth trajectory in the coming years with emerging technologies expected to witness a 20% increase in new jobs in 2025, Human Resources (HR) platform FirstMeridian Business Services said on Tuesday.

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1 min  |
January 01, 2025
Financial Express Hyderabad

ICAI's global networking norms restrictive: Big Five

AROUND 24,000 FIRMS HAD OVER TWO PARTNERS BY FY24-END

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2 mins  |
January 01, 2025
Financial Express Hyderabad

Capacity of wheat silos to triple in three years

INVITING BIDS

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1 min  |
January 01, 2025
Financial Express Hyderabad

Coffee exports surpass $1-bn mark

TRADITIONALLY A TEA exporter, India is making significant inroads into the global coffee export market with total exports during the current financial year up to November crossing the $1-billion mark for the first time, according to data from Centre for Monitoring Indian Economy (CMIE).

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1 min  |
January 01, 2025
Financial Express Hyderabad

Record number of APAs signed in FY24: CBDT

FY24 witnessed the highest number of advance pricing agreement (APA) signings, at 125, in any single financial year since the commencement of the programme in 2012, official data showed.

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1 min  |
January 01, 2025
Financial Express Hyderabad

GTRI: Exports cross $800 billion in 2024

INDIA'S OVERALL EXPORTS in calendar year 2024 likely touched $814 billion, growing at 5.58% year-on-year, according to a report by trade policy think tank Global Trade Research Initiative (GTRI).

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1 min  |
January 01, 2025
Financial Express Hyderabad

Coal Stocks at Thermal Units Improve to 72%

COAL STOCKS AT the country's thermal power plants improved to 72% of the normative level as of December 30, compared to just 58% in the same period of last year, data from the Central Electricity Authority showed.

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1 min  |
January 01, 2025
Financial Express Hyderabad

Small savings interest rates unchanged

Economists expect overall industrial growth to be 5-7%

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1 min  |
January 01, 2025
Financial Express Hyderabad

Centre's fiscal deficit in Apr-Nov at 52.5% of BE

Capex down 12.3%, FY25 target may be missed

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1 min  |
January 01, 2025
Financial Express Hyderabad

Bears gain ground, bulls sober up

INDICES SCALED NEW HIGHS IN FIRST 9 MONTHS, RALLY LOST ITS LEGS AFTER SEPT

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3 mins  |
December 31, 2024
Financial Express Hyderabad

Three shots that sank India in fourth Test

\"AAJ KAYA pehlewaala? (Today's or the previous one?),\" Rohit Sharma queried when a question was asked about Rishabh Pant's shot in the final session on the final day that changed the game, even as India plunged to a 184-run defeat to Australia, bundled for 155 chasing 339 in the fourth innings at Melbourne.

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2 mins  |
December 31, 2024
Financial Express Hyderabad

MoD signs ₹2,867-crore deals for torpedoes, AIP

DEFENCE MINISTER RAJNATH Singh said on Monday that unconventional methods like Artificial Intelligence-based warfare and cyberattacks pose a big challenge.

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1 min  |
December 31, 2024
Financial Express Hyderabad

₹18,000 a month for priests, granthis if AAP wins: Kejriwal

WITH AN EYE on Delhi's Pandit and Sikh voters, Aam Aadmi Party (AAP) national convenor Arvind Kejriwal Monday announced his fifth poll promise -- ₹18,000 a month to all pandits and pujaris working in temples and granthis in gurdwaras across the city if the party returns to power in the Assembly election next year.

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1 min  |
December 31, 2024
Financial Express Hyderabad

Isro's PSLV-C60 lifts off with SpaDeX spacecraft

ISRO'S PSLV-C60 rocket carrying two spacecraft that would aid in demonstration of space docking, a critical technology for future space missions, lifted off from the spaceport here late on Monday.

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1 min  |
December 31, 2024
Financial Express Hyderabad

Medium-Term Outlook Uncertain: RBI

INDIA'S GDP GROWTH fell to a seven-quarter low of 5.4% in Q2 FY25.

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1 min  |
December 31, 2024
Financial Express Hyderabad

Mamata's Sandeshkhali outreach: Don't pay anyone for state benefits

ON HER FIRST visit to Sandeshkhali since protests erupted over alleged land grabbing and sexual harassment of women by local TMC leaders, West Bengal CM Mamata Banerjee on Monday asked its residents not to pay anyone to avail benefits of state-run schemes.

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1 min  |
December 31, 2024
Financial Express Hyderabad

Bandh call by farmers halts Punjab, SC hearing today

A NINE-HOUR bandh call by protesting farmers under the banner of the Kisan Mazdoor Morcha (KMM) and the Samyukt Kisan Morcha-Non Political (SKM-NP) over several demands, including legal guarantee for MSP, brought Punjab to a halt on Monday.

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1 min  |
December 31, 2024
Financial Express Hyderabad

Adani Group to sell stake in Wilmar JV, to fetch $2 bn

THE EXIT WILL take place in two phases.

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1 min  |
December 31, 2024
Financial Express Hyderabad

Sanjay Malhotra: Dove, hawk or owl?

YET, HE HAS to face a unique set of immediate challenges—chiefly, the unfinished agenda of reining in inflation within the target band amid signs of a growth slowdown, and complexities caused by a certain intractability of global inflation and a falling rupee.

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3 mins  |
December 31, 2024
Financial Express Hyderabad

FM says wishes to do more for middle class

EVEN AS THE economic growth has slowed, tax receipts are relatively strong for the government, with gross personal income tax collections growing at 20.2% on year in the April-October period of the current financial year.

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1 min  |
December 31, 2024
Financial Express Hyderabad

IPCA Labs looks to revive US biz

To launch new divisions in high-growth areas

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1 min  |
December 31, 2024
Financial Express Hyderabad

Hindalco: Earnings to stay range-bound

Lower margin expectations for subsidiary Novelis

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1 min  |
December 31, 2024
Financial Express Hyderabad

JSW Energy ramps up renewables play

Sets 20 GW capacity and 40 GWh storage target by 2030

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1 min  |
December 31, 2024