CATEGORIES

Financial Express Mumbai

As bonds chase power, unknown smaller parties rue empty coffers

In extreme cold, the 21 young men sleep on the floor on a chatai in a big hall with some blankets and quilts for cover

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2 mins  |
March 19, 2024
Trent: A Star beginning to brighten?
Financial Express Mumbai

Trent: A Star beginning to brighten?

Recent disclosures point to improving traction

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2 mins  |
March 19, 2024
Financial Express Mumbai

Credit on UPI stuck on fee structure, low adoption

A LACK OF clarity on the interchange fee structure and lower adoption among smaller merchants have weighed on the credit volume through the Unified Payments Interface (UPI), say experts.

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3 mins  |
March 19, 2024
Tata Steel to shut its coke ovens at Port Talbot plant
Financial Express Mumbai

Tata Steel to shut its coke ovens at Port Talbot plant

TATA STEEL WILL shut down the coke oven operations at its facility at Port Talbot in the UK, following a decline in operational stability and as part of its restructuring exercise.

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1 min  |
March 19, 2024
Financial Express Mumbai

No sole firm can pass on GST burden to gamers: Games 24×7 co-founder

SIX MONTHS AFTER the government decided to levy 28% goods and services tax (GST) on players' deposits, Games 24x7 co-founder and co-CEO Bhavin Pandya believes it won't be prudent for any gaming firm to pass on higher tax burden to consumers.

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2 mins  |
March 19, 2024
EC orders transfer of home secys of 6 states, Bengal DGP
Financial Express Mumbai

EC orders transfer of home secys of 6 states, Bengal DGP

THE ELECTION Commission on Monday ordered the transfers of the home secretaries of Gujarat, Uttar Pradesh, Bihar, Jharkhand, Himachal Pradesh and Uttarakhand to ensure a level playing field ahead of the Lok Sabha elections, sources said.

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1 min  |
March 19, 2024
Oil steady as attacks on Russian energy facilities intensify
Financial Express Mumbai

Oil steady as attacks on Russian energy facilities intensify

BRENT CRUDE BRIEFLY topped $86 per barrel on Monday for the first time since November, before pulling back, as Ukraine stepped up its attacks on Russian energy infrastructure.

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1 min  |
March 19, 2024
Financial Express Mumbai

Medical device makers worried over price caps

Medical device makers worried over price caps

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2 mins  |
March 19, 2024
A pioneer in public health
Financial Express Mumbai

A pioneer in public health

ANYONE WHO HAS known Swati Piramal or followed her entrepreneurial journey would find her more than what her calling card can capture.

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2 mins  |
March 19, 2024
Financial Express Mumbai

States' capex up more than a third.revenues strong

EXPENDITURE BY STATE governments on asset creation may have risen more than a third on year in the first 10 months of the current financial year, compared with a 7% rise in the year-ago period.

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2 mins  |
March 19, 2024
Financial Express Mumbai

Tata Sons looks to sell ₹9,300-cr TCS shares

TATA SONS, THE investment holding arm of Tata group, is planning to raise about ₹9,300 crore by offloading 23.4 million shares in its IT subsidiary Tata Consultancy Services (TCS) through block deals.

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1 min  |
March 19, 2024
Financial Express Mumbai

SC raps SBI, asks for full disclosure on electoral bonds

THE SUPREME COURT on Monday kept the pressure going on State Bank of India (SBI) and asked it to provide complete details on the electoral bonds' unique alphanumeric code that reveals the link between the buyer and the recipient political party to the Election Commission of India (EC).

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1 min  |
March 19, 2024
Three Months Before 2019 LS Polls, BJP Got ₹3,030 Cr
Financial Express Mumbai

Three Months Before 2019 LS Polls, BJP Got ₹3,030 Cr

Amount was 77% of its year’s total count, show latest data

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1 min  |
March 18, 2024
Biden Campaign Raises $53-mn In February
Financial Express Mumbai

Biden Campaign Raises $53-mn In February

US president Joe Biden raised more than $53 million for his re-election campaign and the Democratic Party in February, a record amount for the month.

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1 min  |
March 18, 2024
How Addverb Is Building A Robotic Workforce
Financial Express Mumbai

How Addverb Is Building A Robotic Workforce

The firm has eliminated’ dull and dangerous jobs by automating them

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2 mins  |
March 18, 2024
Flipkart Valuation Slides By Over ₹41k Cr In 2 Years
Financial Express Mumbai

Flipkart Valuation Slides By Over ₹41k Cr In 2 Years

E-COMMERCE FIRM FLIPKART'S valuation has declined by $5 billion or around ₹41,000 crore as of January 2024, compared to that in January 2022, according to equity transactions carried out by its US-based parent firm Walmart.

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2 mins  |
March 18, 2024
How Prakash Padukone helped Lakshya Sen reach peak fitness
Financial Express Mumbai

How Prakash Padukone helped Lakshya Sen reach peak fitness

LAKSHYA SEN WAS returning from the US Open last April, but was so beat up and knackered from two weeks of tournament play, that he struggled to lug his own kitbag through the airport on his slouching, hurting shoulders.

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2 mins  |
March 18, 2024
Bengaluru water crisis presents a pressing challenge
Financial Express Mumbai

Bengaluru water crisis presents a pressing challenge

THE WATER CRISIS in Bengaluru presents a pressing challenge exacerbated by rapid urbanisation and population growth, and the city described as 'Silicon Valley of India,' will need to take interim as well as long term measures including mandatory water harvesting and groundwater recharging to overcome the crisis, says the industry.

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1 min  |
March 18, 2024
Analysing data: How predictive AI models is taking centre stage
Financial Express Mumbai

Analysing data: How predictive AI models is taking centre stage

A VOLCANO IN Iceland erupted on Saturday for the fourth time since December, the Icelandic Meteorological Office said, spewing smoke and molten lava into the air.

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2 mins  |
March 18, 2024
Canara Bank stays bullish on gold loans
Financial Express Mumbai

Canara Bank stays bullish on gold loans

The lender, with the biggest portfolio amid all PSBs, targets a double-digit growth

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2 mins  |
March 18, 2024
Financial Express Mumbai

Use sectoral funds as long-term tactical plays to manage risks

Potential for high returns, but also higher risks due to focused exposure

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2 mins  |
March 18, 2024
Putin tightens grip; thousands protest
Financial Express Mumbai

Putin tightens grip; thousands protest

RUSSIA PRESIDENT VLADIMIR Putin is poised to tighten his grip on power on Sunday in a Russian election that is certain to deliver him a landslide victory, though some opponents staged a symbolic noon protest at polling stations against his rule.

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1 min  |
March 18, 2024
PM Modi may visit Startup Mahakumbh
Financial Express Mumbai

PM Modi may visit Startup Mahakumbh

PRIME MINISTER NARENDRA Modi may visit Startup Mahakumbh, a startup event starting on Monday, which is being held at a much larger scale, a senior government official said on Sunday.

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1 min  |
March 18, 2024
Donor No. 1 gave 40% of its total bonds to DMK
Financial Express Mumbai

Donor No. 1 gave 40% of its total bonds to DMK

THE BIGGEST PURCHASER of electoral bonds, lottery company Future Gaming and Hotel Services Pvt Ltd, which bought bonds worth over ₹1,300 crore between 2019 and 2024, donated almost 40% of its total purchases to the DMK, the ruling party in Tamil Nadu.

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1 min  |
March 18, 2024
Fill it, Shut it, Don't forget it
Financial Express Mumbai

Fill it, Shut it, Don't forget it

FIVE YEARS AGO, three out of every five motorcycles sold in India were budget bikes.

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3 mins  |
March 18, 2024
Financial Express Mumbai

On the fast track

How quick commerce firms are tackling the profitability challenge

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2 mins  |
March 18, 2024
Financial Express Mumbai

Consumer firms pin hopes on hotter summer for sales boost

AFTER TEPID SALES in the last two summer seasons, makers of beverages, ice creams, air conditioners and coolers are anticipating strong demand for their products this year as mercury levels rise.

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2 mins  |
March 18, 2024
Financial Express Mumbai

India's share swells in phone exports to US

INDIA HAS QUADRUPLED its share in smartphone exports to the US, while that of China and Vietnam, the top two exporters of the devices to the world's largest economy, has declined.

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1 min  |
March 18, 2024
Financial Express Mumbai

Adani looks to invest ₹1.2 trillion in FY25

Capex target 40% higher than FY24 investment

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1 min  |
March 18, 2024
Fresh poll bond data shed light on pre-2019 mop-up
Financial Express Mumbai

Fresh poll bond data shed light on pre-2019 mop-up

A DAY BEFORE the Supreme Court hears the State Bank of India's response regarding its failure to disclose the unique alphanumeric code for matching electoral bond donors to political parties, the Election Commission of India (EC) lifted another veil of secrecy over political funding on Sunday.

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3 mins  |
March 18, 2024