CATEGORIES

Financial Express Lucknow

IT sector hiring may grow 20% in 2025

THE IT SECTOR, which is on the path of recovery, is expected to witness 15-20% growth in job opportunities across various industries in 2025, talent solutions company NLB Services said.

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1 min  |
December 10, 2024
Financial Express Lucknow

MFI disbursals drop 10% in Q2 as credit quality takes a hit

DISBURSEMENTS BY MICROFINANCE institutions dropped by more than 10% in the July-September period compared to the year-ago period as the industry started witnessing stress on asset quality, according to data shared by a self-regulatory organisation.

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1 min  |
December 10, 2024
Financial Express Lucknow

India monitoring Syria situation, calls for stability

A DAY AFTER rebel forces overthrew President Bashar Assad's authoritarian government in Syria, India on Monday joined leading nations to call for stability and preserve the unity, sovereignty and territorial integrity of the Arab nation.

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1 min  |
December 10, 2024
Financial Express Lucknow

Sanjay Malhotra to succeed Shaktikanta Das as next RBI governor

While the growth in gross domestic product (GDP) plunged to a seven-quarter low of 5.4% in the second quarter of the current fiscal and demand looked weak, the RBI maintained its \"neutral\" stance.

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2 mins  |
December 10, 2024
Financial Express Lucknow

CVC offers to buy software firm in $1.2-billion deal

SHARES IN GERMAN health-care software provider CompuGroup Medical surged 30% on Monday after the company said investor CVC Capital Partners has offered to acquire it and take it off the stock exchange.

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1 min  |
December 10, 2024
Financial Express Lucknow

Policy shift spurs surge in stocks, bond

STOCKS JUMPED AND China's government bonds rallied after the Politburo shifted its monetary policy stance to imply more easing is coming, mirroring moves made in previous crises.

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1 min  |
December 10, 2024
Financial Express Lucknow

South Korean prez barred from travelling abroad

SOUTH KOREAN PRESIDENT Yoon Suk Yeol has been banned from leaving the country over a failed attempt at imposing martial law, a justice ministry official said on Monday, amid growing calls for him to step down and a deepening leadership crisis.

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1 min  |
December 10, 2024
Financial Express Lucknow

Chipmaker Nvidia faces Chinese probe

CHINA ON MONDAY said it has launched an investigation into Nvidia Corp over suspected violations of the country's anti-monopoly law, in a move that will likely be seen as a retaliatory move against Washington's recent chip curbs.

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1 min  |
December 10, 2024
Financial Express Lucknow

Gallagher to buy Assured Partners in $13.45-bn deal

ARTHUR J GALLAGHER said on Monday it would acquire insurance broker Assured Partners in an all-cash deal worth $13.45 billion, as it looks to bolster its focus on property and casualty and employee benefits across the U.S.

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1 min  |
December 10, 2024
Financial Express Lucknow

China signals bolder stimulus as Trump returns to power

● Shift from 'prudent' strategy to come after 14 years

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1 min  |
December 10, 2024
CEAT: Focus on off-highway tyres
Financial Express Lucknow

CEAT: Focus on off-highway tyres

Camso deal to also strengthen company's portfolio in tracks

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1 min  |
December 10, 2024
Optimistic outlook for Godrej Consumer
Financial Express Lucknow

Optimistic outlook for Godrej Consumer

The management anticipates mid-single-digit revenue growth with Ebitda margins below the normal range of 24-27%

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2 mins  |
December 10, 2024
Tata Power: Focus on green energy growth
Financial Express Lucknow

Tata Power: Focus on green energy growth

● Solar manufacturing, rooftop EPC projects to be key drivers

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1 min  |
December 10, 2024
Crypto doesn't deserve a tax exemption
Financial Express Lucknow

Crypto doesn't deserve a tax exemption

I AM (MOSTLY) bullish on crypto and (usually) sceptical of higher taxes, especially on capital gains. So why do I think it would be wrong to make crypto assets exempt from capital gains taxes, as President-elect Donald Trump's administration is reportedly considering?

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3 mins  |
December 10, 2024
Financial Express Lucknow

A new beginning

As he begins his term as RBI governor, Malhotra has to fill the big shoes of Das who has done a tremendous job

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2 mins  |
December 10, 2024
Globalisation and India
Financial Express Lucknow

Globalisation and India

VOLATILE GEOPOLITICAL REALITIES DO NOT AUGUR THE END OF GLOBALISATION

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4 mins  |
December 10, 2024
A solution in search of a problem
Financial Express Lucknow

A solution in search of a problem

While the idea of a BRICS currency is a powerful negotiating tool in challenging dollar dominance, there are more long-term solutions

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3 mins  |
December 10, 2024
Financial Express Lucknow

Experts say LCR norms to hit banks' NDTL by 200-250 bps

Experts say LCR norms to hit banks' NDTL by 200-250 bps

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2 mins  |
December 10, 2024
Financial Express Lucknow

Sebi alerts on risks of unlisted securities trading

The Securities and Exchange Board of India (Sebi) has cautioned investors against platforms that facilitate transactions in unlisted securities of public limited companies.

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1 min  |
December 10, 2024
Financial Express Lucknow

FMCG shares weigh heavily on benchmark indices

Sensex, Nifty drop for second session; GCPL, HUL, Dabur, Marico decline 3%

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1 min  |
December 10, 2024
Financial Express Lucknow

CCI seeks SC hearing in e-commerce antitrust case

THE INVESTIGATION IS a major regulatory challenge for Amazon and Flipkart in a market where e-commerce sales are set to exceed $160 billion by 2028, up from $57 billion to $60 billion in 2023.

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1 min  |
December 10, 2024
AI places an order for 100 aircraft
Financial Express Lucknow

AI places an order for 100 aircraft

SIX AIRBUS A350-900s have been delivered to Air India and are operational on several domestic and international routes, including Delhi-London.

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1 min  |
December 10, 2024
Financial Express Lucknow

BookMyShow FY24 profit rises 28% to ₹109 cr

ONLINE TICKETING PLATFORM BookMyShow's net profit grew 27.6% to ₹108.63 crore in the financial year 2023-24 (FY24) from ₹85.11 crore in the last fiscal year (FY23).

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1 min  |
December 10, 2024
Financial Express Lucknow

Livguard looks to incur ₹3,360-cr capex in 5 yrs

The energy storage firm plans to raise around ₹1,697 cr-₹2,121 cr in the next financial year, which will be used for increasing production capacity at its new facilities

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1 min  |
December 10, 2024
Financial Express Lucknow

MapmyIndia parent to not invest in outgoing CEO firm

CE INFO SYSTEMS, the parent firm of digital maps provider MapmyIndia, said on Monday that it has scrapped plans to invest in a company being set up by its outgoing CEO after receiving investor feedback, with its shares closing 16% higher.

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1 min  |
December 10, 2024
Financial Express Lucknow

Zaggle aims to double revenue by next fiscal

● Firm evaluating acquisition opportunities

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1 min  |
December 10, 2024
Financial Express Lucknow

AI's rise driving demand for computers: Lenovo

ARTIFICIAL INTELLIGENCE (AI), THE transition from Windows 10 to Windows 11, and a lifecycle upgrade following the pandemic is boosting the demand for personal computers (PCs), Ashish Sikka, Lenovo India's director and category head, told FE.

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1 min  |
December 10, 2024
First test flight lands at Noida airport
Financial Express Lucknow

First test flight lands at Noida airport

THE FIRST VALIDATION flight landed successfully at the Noida International Airport on Monday. An IndiGo plane, Airbus A320 took off from the Indira Gandhi International Airport in Delhi with crew members and landed in Noida, which welcomed it with a water salute.

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2 mins  |
December 10, 2024
Financial Express Lucknow

Jewar land prices may rise by 50% in 6 years

JEWAR, A SMALL town along the Yamuna Expressway, is emerging as one of the fastest-growing real estate micro markets because of the upcoming international airport leading to a 40% appreciation in land prices in the last five years.

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1 min  |
December 10, 2024
Vodafone Idea to raise ₹1,980 cr from parent
Financial Express Lucknow

Vodafone Idea to raise ₹1,980 cr from parent

VODAFONE IDEA ON Monday said its board has approved the issuance of up to 1.75 billion shares on a preferential basis to two Vodafone Group entities to raise up to ₹1,980 crore.

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1 min  |
December 10, 2024