Financial Express Mumbai - December 04, 2024Add to Favorites

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December 04, 2024

As funding winter bites, startups get finances in order

Prioritise sustainable growth projections, lean cost structures

As funding winter bites, startups get finances in order

2 mins

Reality check for capex target

HEALTHY GOAL

Reality check for capex target

2 mins

Swiggy trims loss in first post-IPO earnings

FOOD TECH AND grocery delivery firm Swiggy on Tuesday reported better-than-estimated earnings during the July-September quarter.

Swiggy trims loss in first post-IPO earnings

2 mins

LS nod to banking law amendments

PSBs safe & stable, doing well, FM tells lawmakers

LS nod to banking law amendments

2 mins

6E vs 6e: IndiGo sues M&M for patent violation

BRANDING BATTLE

6E vs 6e: IndiGo sues M&M for patent violation

2 mins

Higher GST on sin goods will offset losses from insurance

AN INCREASE IN goods and services tax (GST) on several items and a special levy of 35% on \"sin goods\" like cigarettes, as proposed by a group of ministers (GoM) formed by the GST Council, are expected to help partially offset revenue shortfalls due to abolition of the tax on insurance premiums, experts say.

Higher GST on sin goods will offset losses from insurance

2 mins

Safeguard duty on steel imports will deal MSMEs a blow

The proposal for a 25% safeguard duty on steel imports, if implemented, will deal a blow to the struggling micro, small and medium enterprises (MSMEs) and engineering exports, according to industry representatives and experts.

Safeguard duty on steel imports will deal MSMEs a blow

1 min

Rate restructuring may spur parallel economy, say firms

TWO ASSOCIATIONS OF manufacturers and retailers have said that the new goods and services tax (GST) slabs proposed for readymade garments will promote a parallel economy, defeating the very purpose of GST.

Rate restructuring may spur parallel economy, say firms

2 mins

Petroleum product exports slip 12% in Nov

INDIA'S EXPORTS OF petroleum products in November declined by 12% year-on-year to 1.29 million barrels per day, driven by a significant fall in the supply to Europe, according to data provided by energy cargo tracking firm Vortexa. The decline was 3% compared to the previous month.

Petroleum product exports slip 12% in Nov

2 mins

Not considering addition of new sectors in PLI schemes: Govt

The government on Tuesday said it is not considering any proposal to include new sectors under the production-linked incentive (PLI) regime.

Not considering addition of new sectors in PLI schemes: Govt

1 min

Farmers' protest escalates: More than 160 arrested in Noida

POLICE ON TUESDAY arrested more than 160 protesting farmers, including President of Bharatiya Kisan Parishad Sukhbir Khalifa, who were holding a sit-in at the 'Dalit Prerna Sthal' after their march to Delhi on land compensation and other demands was stopped a day earlier.

Farmers' protest escalates: More than 160 arrested in Noida

1 min

Disengagement over, ties with China improving: EAM

S JAISHANKAR'S STATEMENT IN LOK SABHA

Disengagement over, ties with China improving: EAM

2 mins

Japanese firms keen on setting up chip units in India

JAPANESE FIRMS ARE keen to set up semiconductor units in India and they have all the expertise and specialisation to partner with domestic firms, Deloitte has said.

1 min

Airfares set to rise in coming quarters

AIRFARES ARE EXPECTED to inch up in the coming quarters following a rise in fuel prices and lease rentals becoming more expensive due to the depreciating rupee, ratings agency ICRA said on Tuesday.

1 min

Mobility startups need to navigate through grey regulatory zones

MOBILITY AND RIDE-HAILING startups need not wait for full clarity on the regulatory front and it's fine if they operate in the grey area, in the initial stages, if that is not outright illegal.

Mobility startups need to navigate through grey regulatory zones

1 min

‘Whatever Trump decides on tariffs, it will create opportunities for India’

Textile-to-real estate group Raymond is seeing buoyant sales in the current quarter and expects a pick-up in the coming months.

2 mins

Family offices spread to smaller cities as presence of HNIs widens beyond metros

WITH ULTRA-HIGH-NET-WORTH FAMILIES no longer being concentrated in cities like Mumbai, Delhi, Bengaluru or Hyderabad, family offices are now proliferating in places such as Surat, Ludhiana, Lucknow, Ahmedabad, Nagpur and Coimbatore.

Family offices spread to smaller cities as presence of HNIs widens beyond metros

2 mins

Network issues: Vi's revenue market share hits all-time low

Analysts see Airtel & Jio gaining share as users port out

Network issues: Vi's revenue market share hits all-time low

1 min

Indian Navy: Venturing into uncharted waters

A net security provider, safeguarding our coastline and maritime routes

Indian Navy: Venturing into uncharted waters

2 mins

Indian Navy modernisation: A new era of strength

The Navy, as the guardian of maritime borders, ensures regional stability

Indian Navy modernisation: A new era of strength

2 mins

Adanis stronger since Hindenburg: Report

The Adani Group is now in a much stronger position with no share pledges, low leverage, debt repayments, and improved valuations than at the time when it was under attack from short-seller Hindenburg, US-based research firm Bernstein has said.

Adanis stronger since Hindenburg: Report

2 mins

GIC, BlackRock, Aberdeen among investors in Godrej's ₹6,000-cr QIP

ON A GROWTH PATH

GIC, BlackRock, Aberdeen among investors in Godrej's ₹6,000-cr QIP

1 min

MapmyIndia shelves ₹35-crore investment plan in B2C venture

DIGITAL NAVIGATION FIRM CE Info Systems, which operates under MapmyIndia brand name, has shelved its decision to invest ₹35 crore in a proposed B2C venture to be led by CEO Rohan Verma.

MapmyIndia shelves ₹35-crore investment plan in B2C venture

1 min

EV major VinFast's India plant to act as global export hub

VIETNAMESE ELECTRIC VEHICLE (EV) major VinFast is preparing to install equipment and machinery at its India plant, which will have an annual capacity of 50,000 EVs.

EV major VinFast's India plant to act as global export hub

1 min

Qntrl sees 30% rise in enterprise market

QNTRL, THE BUSINESS process management (BPM) platform under Zoho Corporation, is seeing a 30% growth in its enterprise customer base in India in fiscal 2025, Gopalakrishnan Vaikuntam, Global Product Manager told FE.

Qntrl sees 30% rise in enterprise market

1 min

Banks see ₹10,000-crore dip in deposits: RBI data

Have raised nearly 19.6 lakh cr from Jan to Oct this year

2 mins

Banks need to use bottom-up approach, says RBI deputy guv

BANKS SHOULD ADOPT a \"bottom-up\" approach for preparing credit plans to fulfill fund requirements for different segments in districts, RBI deputy governor Swaminathan J has said.

1 min

'We maintain a balanced distribution mix'

With nearly 4,000 crore in gross premium income for Q2, Kotak Mahindra Life Insurance Company ranks among India's top 10 private life insurers.

'We maintain a balanced distribution mix'

3 mins

Sebi nixes Trafiksol SME IPO, orders refund to investors

In an unprecedented regulatory action, the Securities and Exchange Board of India (Sebi) has cancelled the public listing of SME Trafiksol ITS Technologies, whose listing was earlier put on hold pending investigation, and ordered a full refund to its investors within a week.

Sebi nixes Trafiksol SME IPO, orders refund to investors

1 min

Indices hit one-month high ahead of RBI policy decision

FPIs net buyers for 2 days in a row

Indices hit one-month high ahead of RBI policy decision

1 min

Sebi plans portal for audit of brokers

IN A BID to align the audit process of stock brokers' technology and systems with the regulatory intent, market regulator the Securities and Exchange Board of India (Sebi) has proposed enabling stock exchanges to monitor and supervise stock brokers' system audits through an online web portal.

1 min

Neither good, nor simple

The GoM's proposals may be well-intended, but they will make the GST regime more complex

2 mins

Can we be sure of food inflation?

TREND SHIFTS IN FOOD PRICE LEVEL AND PRICE GROWTH PORTEND PERSISTENCE, NOT REVERSION

Can we be sure of food inflation?

3 mins

Plastics failure is a canary in the climate coalmine

YOU MIGHT HAVE missed it amid the noise of the Trump transition and the sound of the European and Japanese auto industries collapsing. But the failure of an obscure United Nations meeting in South Korea at the weekend is a sign of how the entire edifice of environmental diplomacy is creaking.

Plastics failure is a canary in the climate coalmine

3 mins

The human capital imperative

Upgrading it with help from industry is crucial to bolster India’s manufacturing ambitions and become an advanced economy

The human capital imperative

3 mins

Click and connect

Personalised marketing is no longer just a trend

Click and connect

2 mins

A manifesto against deceptive advertising practices

Why the campaign rocks:

A manifesto against deceptive advertising practices

1 min

The ₹1 lakh-plus price point is an exciting place to be in

LUXURY SHOPPERS ARE LOOKING FOR BRANDS THAT CAN RESEMBLE THEM, THEIR ATTITUDES, AND MINDSET\" SUPARNA MITRA

The ₹1 lakh-plus price point is an exciting place to be in

3 mins

Trump remains opposed to US Steel sale, pledges tariff

DONALD TRUMP REITERATED his opposition to the sale of United States Steel Corp. to Nippon Steel Corp., saying he'd instead use tariffs and tax incentives to revive the American steelmaker.

Trump remains opposed to US Steel sale, pledges tariff

1 min

China targets critical metals in tit-for-tat response to US

Move follows US restrictions on semiconductors

China targets critical metals in tit-for-tat response to US

2 mins

Kash Patel has plans to remake FBI into Trump's tool

\"FIRE THE TOP ranks of the FBI\" Encourage Congress to demand testimony exposing \"every single bit of filth and corruption\" at the agency, and withhold its funding \"until the documents come in.\" Prosecute leakers and journalists. Replace the national security work force with \"people who won't undermine the president's agenda.\"

Kash Patel has plans to remake FBI into Trump's tool

2 mins

BlackRock to buy private lender HPS in $12-billion deal

BLACKROCK AGREED to buy HPS Investment Partners in an all-stock deal valued at roughly $12 billion, a purchase that will propel the world's largest asset manager into the highest ranks of private credit.

BlackRock to buy private lender HPS in $12-billion deal

1 min

South Korea put under martial law

SOUTH KOREAN PRESIDENT Yoon Suk Yeol on Tuesday declared martial law in an unannounced late night address broadcast live on YTN television, claiming he would eradicate \"shameless pro-North Korean anti-state forces\".

South Korea put under martial law

1 min

India, Vietnam may gain from US-China chip war

US AND CHINA have got into a fresh tit-for-tat trade restriction. After the US announced export restrictions on computer chip-making equipment, software and high-bandwidth memory chips, China on Tuesday retaliated by banning gallium, germanium, antimony and other key high-tech materials exports to the US.

2 mins

SRCC sees over 500 offers, highest at ₹35 lakh

DELHI UNIVERSITY'S SHRI Ram College of Commerce (SRCC) has completed the placement season 2023-24 with over 500 offers being made by more than 135 companies in over 15 sectors.

SRCC sees over 500 offers, highest at ₹35 lakh

1 min

Thousands throng to watch Indian team train

Border-Gavaskar Trophy: Hardly anyone to watch Australian team

Thousands throng to watch Indian team train

3 mins

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