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Financial Express Mumbai

Tech firms urge equitable allocation of 6 GHz band

WITH THE GOVERNMENT reportedly leaning towards allocating the upper portion of the critical 6 GHz spectrum band (6425-7125 MHz) exclusively for telecom operators, technology firms represented by the Broadband India Forum (BIF) have raised concerns about a potentially skewed approach.

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2 mins  |
January 10, 2025
Financial Express Mumbai

TCS Headcount Dips, Attrition Rises Slightly

IT giant on track to hire 40K this fiscal

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1 min  |
January 10, 2025
Financial Express Mumbai

Diaspora Has Become More Important: Jaishankar

EXTERNAL AFFAIRS MINISTER S Jaishankar on Thursday said the diaspora has become more important with each passing year as India strives to build a \"global workforce\".

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1 min  |
January 10, 2025
Financial Express Mumbai

BSP spends ₹3.92 cr in Maha polls, rival SP ₹1.25 crore

The Bahujan Samaj Party spent as much as Rs 3.92 crore during the recently concluded Maharashtra Assembly elections including Rs 2.17 crore on the party's propaganda for its candidates.

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1 min  |
January 10, 2025
UCC to be implemented in Uttarakhand in January, says CM
Financial Express Mumbai

UCC to be implemented in Uttarakhand in January, says CM

UTTARAKHAND CHIEF MINISTER Pushkar Singh Dhami on Thursday highlighted the various initiatives undertaken in the state, reaffirming the implementation of the Uniform Civil Code (UCC) in the 'Devbhoomi' this month.

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2 mins  |
January 10, 2025
Financial Express Mumbai

CBI Books Chidambaram's Son in Fresh Corruption Case

The CBI has registered a fresh case of corruption against former finance minister P Chidambaram's son and Congress MP, Karti Chidambaram, for allegedly giving relief to alcoholic beverage company Diageo Scotland over a ban on the duty-free sale of its whisky, officials said on Thursday.

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1 min  |
January 10, 2025
Future not in war, but in Buddha, says Modi
Financial Express Mumbai

Future not in war, but in Buddha, says Modi

Asserting that the world today listens to India, Prime Minister Narendra Modi on Thursday said due to the country's heritage, it is able to tell the international community that the future does not lie in 'Yudh' (war) but in 'Budh' (Buddha).

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1 min  |
January 10, 2025
Financial Express Mumbai

NCLT strengthening tops MCA wish list

EVEN THOUGH THE government has just appointed 24 members to the National Company Law Tribunal (NCLT) ahead of the Union Budget, the ministry of corporate affairs has sought significantly higher allocation of resources for the strengthening of NCLT and NCLAT (National Company Law Appellate Tribunal) infrastructure as part of its Budget proposals.

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1 min  |
January 10, 2025
Financial Express Mumbai

Double counting of SEZ transactions inflated gold import data

A NEW MECHANISM to make recording of export-import data more efficient led to the double counting of some of the gold that entered the country via special economic zones (SEZs), resulting in hugely inflated numbers for the month of November.

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2 mins  |
January 10, 2025
Financial Express Mumbai

BP Partnership to Raise ONGC Revenue by $10.3 Billion

STATE-OWNED OIL AND Natural Gas Corporation (ONGC) expects a $10.3 billion revenue boost from increased oil and gas production in the Mumbai High field in partnership with the UK's BP.

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1 min  |
January 10, 2025
Financial Express Mumbai

GAIL Increases Domestic Gas Allocation to IGL by 31%

STATE-OWNED GAIL INDIA has increased domestic gas allocation to Indraprastha Gas Ltd (IGL) by 31% with effect from January 16, increasing the share of domestic gas in the company's CNG (compressed natural gas) segment to 51% from 37% earlier, the company said on Thursday.

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1 min  |
January 10, 2025
Credit guarantee scheme for MSMEs soon: Official
Financial Express Mumbai

Credit guarantee scheme for MSMEs soon: Official

FINANCIAL SERVICES SECRETARY M Nagaraju on Thursday said the government would soon launch a new credit guarantee scheme for the MSME sector covering loans up to ₹100 crore.

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1 min  |
January 10, 2025
Financial Express Mumbai

Rooftop solar scheme & power infra likely to get Budget push

EXTENSION OF THE production-linked incentive (PLI) scheme to the solar energy value chain, increased allocation towards PM Surya Ghar Muft Bijli Yojana, and a greater thrust on the distribution and transmission infrastructure are likely to be the key features of the upcoming Budget, as far as the energy sector is concerned.

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2 mins  |
January 10, 2025
‘Organic item exports can be trebled in 3 yrs'
Financial Express Mumbai

‘Organic item exports can be trebled in 3 yrs'

INDIA'S EXPORTS OF organic products can grow more than threefold in the next three years to ₹20,000 crore, commerce and industry minister Piyush Goyal said on Thursday.

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1 min  |
January 10, 2025
Financial Express Mumbai

Adani Group to Offload 20% Stake in Wilmar

FMCG player Adani Wilmar will see one of its promoter Adani Commodities LLP offload up to 20% stake in the company through an offer for sale (OFS), which will open on Friday.

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1 min  |
January 10, 2025
Financial Express Mumbai

L&T chief for all work, no play; gets netizens all worked up

Work 90 hours a week, even on Sundays: Subrahmanyan

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2 mins  |
January 10, 2025
Data-driven Malhotra seeks to improve RBI forecasting
Financial Express Mumbai

Data-driven Malhotra seeks to improve RBI forecasting

NEW RESERVE BANK of India (RBI) governor Sanjay Malhotra has initiated a review of the central bank's inflation and growth forecasting tools to minimise projection errors, four sources said.

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2 mins  |
January 10, 2025
Financial Express Mumbai

TCS Kicks Off Q3 With Missed Estimates

Underlines caution among global clients

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3 mins  |
January 10, 2025
Financial Express Mumbai

Simplified income tax law in Budget session likely

THE MUCH-AWAITED REVAMPED Income-Tax Act, which will be far simpler and more unambiguous than the current one, may be tabled in the Budget session of Parliament, with finance minister Nirmala Sitharaman piloting it in her Budget speech.

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2 mins  |
January 10, 2025
Financial Express Mumbai

Trump comeback: Honda to go slow on new EVs

HONDA MOTOR WILL be cautious about starting production of new electric vehicles due to uncertainty about US President-elect Donald Trump's industrial policy, a senior executive of the Japanese automaker said on Tuesday.

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1 min  |
January 09, 2025
Financial Express Mumbai

Flying taxis are on the horizon

Taking Commuting To New Heights

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3 mins  |
January 09, 2025
Bid for 2036 Olympics takes pan-India route
Financial Express Mumbai

Bid for 2036 Olympics takes pan-India route

Bhubaneswar, Bhopal, Pune to join Ahmedabad

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3 mins  |
January 09, 2025
Financial Express Mumbai

Pritish Nandy dies at 73

VETERAN JOURNALIST, POET and filmmaker Pritish Nandy passed away in Mumbai on Wednesday, sources close to him said.

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1 min  |
January 09, 2025
India seeks NRI participation in 'Viksit Bharat'
Financial Express Mumbai

India seeks NRI participation in 'Viksit Bharat'

THE 18TH PRAVASI Bharatiya Divas (PBD) convention kicked off here on Wednesday, with external affairs minister S Jaishankar calling upon NRIs and Persons of Indian Origin to actively participate in the quest for a 'viksit Bharat' (developed India).

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1 min  |
January 09, 2025
Financial Express Mumbai

SC: Examine proposals to develop Sahara land

THE SUPREME COURT on Wednesday asked market regulator Sebi and the amicus curiae to examine two separate proposals of two firms for developing the Sahara Group's land in Mumbai to return investors' money.

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1 min  |
January 09, 2025
Oil pares gains on dollar strength
Financial Express Mumbai

Oil pares gains on dollar strength

OIL PRICES TRIMMED earlier gains on Wednesday as the dollar strengthened but continued to find support from a tightening of supplies from Russia and other OPEC members and a drop in US crude stocks.

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1 min  |
January 09, 2025
Financial Express Mumbai

Sebi issues guidelines for analysts & advisers

MARKETS REGULATOR SEBI on Wednesday said it has issued guidelines on the regulatory framework for research analysts and investment advisers to bolster investor protection and ensure transparency.

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1 min  |
January 09, 2025
Financial Express Mumbai

'Align AI and business goals for better results'

ENTERPRISES ARE increasingly recognising the value of multicloud architectures and the ability to capitalise on the unique strengths of various cloud platforms to enhance their operational capabilities, says Shailender Kumar, senior vice-president and regional managing director of Oracle India and Netsuite JAPAC. In this interview, he speaks to Sudhir Chowdhary on the emerging trends in cloud computing and how cloud providers are embedding AI capabilities into their services. Excerpts:

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2 mins  |
January 09, 2025
GCCs focus on skills-based hiring for growth
Financial Express Mumbai

GCCs focus on skills-based hiring for growth

GCCs focus on skills-based hiring for growth

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2 mins  |
January 09, 2025
Financial Express Mumbai

Fact-checking reversal lets Zuckerberg drop charade

MARK ZUCKERBERG'S VIDEO announcement on Tuesday that the company would abandon its fact-checking efforts and loosen moderation marks a stunning reversal of years of promises regarding safety and misinformation.

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3 mins  |
January 09, 2025