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Financial Express Ahmedabad

Toyota-Suzuki pact should be the template in India

ANALYSTS SAID THAT for the Indian market, auto firms can't afford to be just in segments like petrol and diesel.

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1 min  |
December 24, 2024
Financial Express Ahmedabad

For IT firms, it's a mixed blessing

DESPITE CURRENCY PRESSURES, the sector's growth is underpinned by strong demand, particularly in cloud and AI-driven transformation projects,\" said an industry analyst.

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1 min  |
December 24, 2024
Financial Express Ahmedabad

Honda, Nissan on merger road

SMALLER MITSUBISHI MOTORS, in which Nissan is top shareholder, was also considering joining and would make a decision by the end of January, the companies said.

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2 mins  |
December 24, 2024
Financial Express Ahmedabad

UK insurer Aviva to shed up to 2,300 jobs in $4.65-billion deal

British insurer Aviva could cut up to 2,300 jobs as it takes over smaller rival Direct Line in a 3.7 billion pound ($4.65 billion) cash-and-stock deal, the companies said on Monday, creating the UK's largest home and motor insurer.

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2 mins  |
December 24, 2024
Financial Express Ahmedabad

Noel Tata: From shadows to spotlight

THE NEW CHAIRMAN of Tata Trusts, however, has done enough to remove the earlier perception of \"lack of exposure\".

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2 mins  |
December 24, 2024
Financial Express Ahmedabad

US launches new probe into legacy Chinese chips

The Biden Administration announced on Monday a last-minute trade investigation into older Chinese-made \"legacy\" semiconductors that could heap more U.S. tariffs on chips from China that power everyday goods from autos to washing machines to telecoms gear.

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1 min  |
December 24, 2024
Financial Express Ahmedabad

In a note to India, Bangladesh demands Hasina's extradition

Dhaka insists on Hasina's trial, India declines comment

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2 mins  |
December 24, 2024
Financial Express Ahmedabad

Govt schools can fail class 5, 8; no-detention policy ends

THE CENTRE HAS scrapped the no-detention policy in schools governed by it, including Kendriya Vidyalayas and Jawahar Navodaya Vidyalayas, allowing students of Classes 5 and 8 to be held back from the ongoing academic session.

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1 min  |
December 24, 2024
Financial Express Ahmedabad

Emami: Operating margins to improve

Bolt-on acquisitions to drive double-digit revenue growth

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1 min  |
December 24, 2024
Financial Express Ahmedabad

Siemens: Weak outlook on HVDC, Railways

Currently there are only one or two projects (Pang-Kaithal in Leh & Khavda-South Olepad), which could use voltage source converter technology

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1 min  |
December 24, 2024
Financial Express Ahmedabad

Awfis Space Solutions: Sustained growth outlook

35% CAGR in seat additions during FY24-27 projected

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1 min  |
December 24, 2024
Financial Express Ahmedabad

Europe's hottest stock has an American architect

Electric mobility is disrupting the global auto industry, forcing alliances and consolidation

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2 mins  |
December 24, 2024
Financial Express Ahmedabad

Merge to survive

Electric mobility is disrupting the global auto industry, forcing alliances and consolidation

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2 mins  |
December 24, 2024
Financial Express Ahmedabad

The conundrum of repo rate arguments

Monetary policy always triggers debate as theoretical arguments on both sides: repo rate induces investment or repo rate lowers inflation are equally strong

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4 mins  |
December 24, 2024
Financial Express Ahmedabad

Burman family gets Sebi nod for Religare open offer

THE BURMAN FAMILY'S open offer to acquire an additional 26% stake in Religare Enterprises has received an approval from the Securities and Exchange Board of India (Sebi), according to a report.

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1 min  |
December 24, 2024
Financial Express Ahmedabad

Kalyani Investment pays ₹1.12 crore to settle case with Sebi

KALYANI INVESTMENT, ONE of the promoter group entities of Bharat Forge, has settled a case with Sebi about the alleged violation of disclosure norms after paying ₹1.12 crore towards the settlement fee.

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1 min  |
December 24, 2024
Financial Express Ahmedabad

HUDCO, PGCIL raise 10-yr bonds at 7.12%

HOUSING AND URBAN Development Corporation (HUDCO) and Power Grid Corporation (PGCIL) have raised funds from the domestic debt capital market.

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1 min  |
December 24, 2024
Financial Express Ahmedabad

Non-life insurance claims ratio dips to 83%

NET INCURRED CLAIMS to net earned premium (claims ratio) of the non-life insurance industry stood at 82.52% during 2023-24, compared with 82.95% in the preceding fiscal, according to the Irdai's annual report.

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2 mins  |
December 24, 2024
Financial Express Ahmedabad

Sebi suspends trading in Bharat Global on financial irregularities

SEBI ON MONDAY suspended trading in Bharat Global Developers for alleged financial misrepresentation, misleading disclosures, price manipulation and offloading shares at inflated prices.

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1 min  |
December 24, 2024
Financial Express Ahmedabad

Rupee closes at its lifetime low of 85.12

Weak yuan, demand for dollar keep the currency under pressure

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1 min  |
December 24, 2024
Financial Express Ahmedabad

Banks lobby RBI for new swaps market benchmark

A GROUP OF banks has asked the Reserve Bank of India to approve a new benchmark for overnight indexed swaps, according to people familiar with the matter.

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1 min  |
December 24, 2024
Financial Express Ahmedabad

Telcos told to offer separate voice, SMS recharge plans

THE TELECOM REGULATORY Authority of India (Trai) on Monday mandated telecom operators to offer separate recharge plans only for voice and SMS services.

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1 min  |
December 24, 2024
Financial Express Ahmedabad

OYO buys US-based G6 Hospitality in a $525-million deal

With this acquisition, Oyo will get around 1,500 franchised hotels across the US and Canada

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1 min  |
December 24, 2024
Financial Express Ahmedabad

AI integration seen gaining pace in 2025, to unlock biz value: Report

The upcoming year will see enterprises accelerating AI integration and other advanced technologies to unlock significant business value, according to Wipro's Tech Trends for 2025 report.

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1 min  |
December 24, 2024
Financial Express Ahmedabad

Simplilearn cuts losses by 56% to ₹107 cr in FY24

UPSKILLING PLATFORM SIMPLILEARN reduced its net losses by 56% to ₹106.7 crore in FY24 from ₹244.2 crore in FY23.

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1 min  |
December 24, 2024
Financial Express Ahmedabad

Telcos see fresh challenges from direct-to-mobile technology

TELECOM OPERATORS, REPRESENTED by the Cellular Operators Association of India (COAI), on Monday said the proposed direct-to-mobile (D2M) technology will pose new challenges.

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1 min  |
December 24, 2024
Financial Express Ahmedabad

Airtel adds users in Oct, Jio loses again

Airtel adds users in Oct, Jio loses again

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1 min  |
December 24, 2024
Financial Express Ahmedabad

Air passenger traffic rises 12% in Nov

PASSENGERS CARRIED BY domestic airlines in India grew by 12% to 14.2 million in November against the same month last year, as per data supplied by the Directorate General of Civil Aviation (DGCA).

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1 min  |
December 24, 2024
Financial Express Ahmedabad

Realty project costs, lease rents likely to rise on GST change

THE GST Council's decision to retrospectively amend the Central Goods and Services Tax (CGST) Act to restrict input tax credit (ITC) on construction services for commercial real estate such as malls, shops, etc., for leasing could push project costs and increase rents, said experts.

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1 min  |
December 24, 2024
Financial Express Ahmedabad

Fresh hikes to test FMCG pricing power

• CEOs say move to be calibrated to align with fragile demand

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4 mins  |
December 24, 2024