Honda, Nissan explore merger amid Tesla, China challenges
Financial Express Delhi|December 19, 2024
JAPANESE AUTO GIANTS Honda Motor and Nissan Motor are set to begin merger talks as early as Monday next week, the Nikkei reported on Wednesday.
MAKI SHIRAKI & NORIHIKO SHIROUZU

The two companies are looking to deepen ties, including the possible merger, the clearest sign yet of how Japan's once seemingly unbeatable auto industry is being reshaped by challenges from Tesla and Chinese rivals.

A combined Honda and Nissan would create a $54 billion company with annual output of 7.4 million vehicles, making it the world's third-largest auto group by vehicle sales after Toyota and Volkswagen.

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Navy boat hits ferry off Mumbai coast, 13 dead
Financial Express Delhi

Navy boat hits ferry off Mumbai coast, 13 dead

A PRIVATE FERRY, carrying more than 110 passengers to Elephanta Island off Mumbai coast, capsized after a Navy speedboat crashed into it on Wednesday.

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1 min  |
December 19, 2024
'Unusual' surge in November gold imports under govt lens
Financial Express Delhi

'Unusual' surge in November gold imports under govt lens

COMMERCE MINISTRY EXAMINING ANY ERROR IN DATA COMPILATION

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2 dak  |
December 19, 2024
Financial Express Delhi

H-1B overhaul a boon for Indian techies

THE US GOVERNMENT on Tuesday announced major reforms in its popular H-1B visa programme, a move that is expected to help thousands of Indian tech professionals.

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1 min  |
December 19, 2024
Sebi tightens SME listing regulations
Financial Express Delhi

Sebi tightens SME listing regulations

● Performance validation agency PaRRVA set up

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2 dak  |
December 19, 2024
Financial Express Delhi

Trump threatens to impose reciprocal tariffs on India

US PRESIDENT-ELECT DONALD Trump has said that India charges \"a lot\" of tariffs, reiterating his intention to impose reciprocal tariffs in retaliation for what New Delhi will impose on the import of certain American products.

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2 dak  |
December 19, 2024
Financial Express Delhi

'Had fun but it's time': Ashwin bows out of internationals with shock retirement call

RASHWIN STOOD IN the corridor outside the press conference room after the third Test ended in a draw. Captain Rohit Sharma, walking just ahead of him, gestured to the waiting journalists. \"Sab pata chalega abhi (everything will be known now),\" he said with a laugh, perhaps in reference to the buzz in the press box and on social media about the possible retirement of a \"big player\".

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3 dak  |
December 19, 2024
Financial Express Delhi

US announces H-1B visa overhaul, Indian techies to benefit

TO TAKE EFFECT IN MID-JANUARY

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2 dak  |
December 19, 2024
Financial Express Delhi

Free healthcare for senior citizens: Kejriwal

AHEAD OF DELHI Assembly elections next year, AAP national convener and former CM Arvind Kejriwal announced that all citizens of Delhi aged above 60 will get free medical care in government and private hospitals if his party returns to power.

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1 min  |
December 19, 2024
Financial Express Delhi

Sebi tightens SME IPO rules

Sebi cleared the review of merchant bankers, custodians, and provisions for high-value debt-listed entities (HVDLE), increasing the threshold for identifying HVDLE from ₹500 cr to ₹1,000 cr, aligning it with that of large corporates, and introducing a sunset clause governing corporate governance of debt-listed securities.

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1 min  |
December 19, 2024
Financial Express Delhi

Trump threatens to impose reciprocal tariffs on India

HE MADE THE remarks while responding to a question on a potential trade agreement with China.

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2 dak  |
December 19, 2024