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Financial Express Kolkata

EVs to take centre stage at auto expo

THE SECOND EDITION of the Bharat Mobility Global Expo 2025 is set to kick off on Friday, with a primary focus on electric vehicles (EVs) as the future of sustainable mobility.

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2 mins  |
January 17, 2025
Financial Express Kolkata

BP to Cut 5% of Workforce

BP IS ELIMINATING 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, Chief Executive Officer Murray Auchincloss told staff on Thursday, as the London-based energy giant seeks to reduce costs.

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1 min  |
January 17, 2025
Financial Express Kolkata

India likely to maintain strong growth in 2025: WEF report

THE GLOBAL ECONOMIC outlook for 2025 remains \"subdued\", but India is likely to maintain a \"strong growth\", according to a World Economic Forum (WEF) report.

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1 min  |
January 17, 2025
Financial Express Kolkata

FM & Singapore Prez Discuss Ties

Finance minister Nirmala Sitharaman meets Singapore President Tharman Shanmugaratnam in New Delhi on Thursday

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1 min  |
January 17, 2025
Financial Express Kolkata

Morgan Stanley profit more than doubles

MORGAN STANLEY'S PROFIT more than doubled in the fourth quarter, fueled by a wave of deal-making and stock sales that drove its revenue to a full-year record.

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1 min  |
January 17, 2025
Financial Express Kolkata

Hydrocarbon sector seeks cut in cess & regulatory reforms

Run-up To The Budget 2025-26

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2 mins  |
January 17, 2025
Financial Express Kolkata

In farewell speech, Biden warns against growing oligarchy in US

Presidents who did not recontest IN JULY 2024, Joe Biden announced that he would not be seeking a second term. However, he is not the only incumbent president who decided not to run for a second term.

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1 min  |
January 17, 2025
Financial Express Kolkata

Amazon to acquire BNPL startup Axio

E-COMMERCE GIANT AMAZON is set to acquire Indian startup Axio, an online lending platform offering point-of-sale financing.

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1 min  |
January 17, 2025
Financial Express Kolkata

NCLAT to decide on Meta plea next week

THE NATIONAL COMPANY Law Appellate Tribunal (NCLAT) has admitted Meta's plea challenging a ₹213.14 crore penalty imposed by the Competition Commission of India (CCI) for alleged abuse of market dominance.

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1 min  |
January 17, 2025
Financial Express Kolkata

With VRR window open, bond buyback sees limited success

THE RESERVE BANK of India on Thursday conducted a buyback auction of government securities worth ₹30,000 crore and repurchased only ₹9,892 crore of bonds, as banks were unwilling to sell G-Secs at a loss, said traders.

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1 min  |
January 17, 2025
Financial Express Kolkata

A first: Isro docks 2 satellites in space

BECOMES 4TH NATION TO ACHIEVE THE FEAT

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1 min  |
January 17, 2025
Financial Express Kolkata

Bezos blasts into commercial space race

BLUE ORIGIN'S GIANT New Glenn rocket blasted off from Florida early Thursday morning on its first mission to space, an inaugural step into Earth's orbit for Jeff Bezos' space company as it aims to rival SpaceX in the satellite launch business.

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1 min  |
January 17, 2025
Financial Express Kolkata

Over 80% firms seek wider PM internship scheme coverage

THE PM INTERNSHIP scheme has gained traction with Corporate India with as many as 81% of companies supporting the scheme to be extended to all firms, according to a survey by TeamLease EdTech.

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2 mins  |
January 17, 2025
Financial Express Kolkata

Barclays in the fray to take over Apple's credit card business

APPLE IS IN talks with Barclays to replace Goldman Sachs as the tech giant's credit card partner, said two sources familiar with the matter, as the Wall Street giant steps back from its consumer finance ambitions.

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1 min  |
January 17, 2025
Financial Express Kolkata

The power of nowcasting

KNOWING THE PRESENT MATTERS TO INVESTORS AND POLICYMAKERS, DIGITAL EXHAUST MAKES IT POSSIBLE

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4 mins  |
January 17, 2025
Financial Express Kolkata

China's export curbs to impact solar & EV firms in India: GTRI

INDIAN FIRMS IN the electronics, solar, and electric vehicle (EV) sectors are experiencing delays and disruptions due to China's restrictions on export of key inputs and machinery, according to trade policy think tank GTRI.

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1 min  |
January 17, 2025
Financial Express Kolkata

Both apps of ShareChat to turn profitable by Apr: CBO

ShareChat expects its apps, ShareChat and Moj, to turn profitable by April, company's chief business officer Gaurav Jain said.

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1 min  |
January 17, 2025
Financial Express Kolkata

Rural India extends lead in internet usage: Study

The gap between the number of internet users in rural and urban India has grown, with rural areas adopting the internet at a faster pace, according to a report by IAMAI and market research firm Kantar.

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1 min  |
January 17, 2025
Financial Express Kolkata

RBI Relaxes FEMA Regulations to Boost Cross-Border Trade

Times Its Move To Perfection

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1 min  |
January 17, 2025
Financial Express Kolkata

Kalyani siblings spar over Vaghul letters

A fierce dispute has erupted between the Baba Kalyani and Hiremath families over letters written by the late N Vaghul in 2012 and 2023, addressing family arrangements and asset division among the Kalyani siblings.

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2 mins  |
January 17, 2025
Financial Express Kolkata

Hindenburg Downs Shutters

Founded in 2017, Hindenburg Research, which said it specialises in forensic financial research, had made a series of allegations of stock manipulation and accounting frauds against Adani Group, just days ahead of a $2.5-billion share offering by Adani Enterprises.

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1 min  |
January 17, 2025
Financial Express Kolkata

Delivery dilemma

● Why criticism against q-comm practices is growing

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2 mins  |
January 17, 2025
Financial Express Kolkata

When Brad Jacobs talks, investors should listen

More than two years ago, billionaire Brad Jacobs announced plans to start a new roll-up venture after a move in 2022 to break into three parts XPO, the logistics company that he built through acquisitions to reach as much as $17 billion in sales from $160 million in a little more than a decade.

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2 mins  |
January 17, 2025
Financial Express Kolkata

BofA Profit Jumps on Trading Boost

BANK OF AMERICA'S profit beat expectations on Thursday as its traders benefited from a flurry of activity in the fourth quarter while the lender predicted it would earn more interest income in 2025.

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1 min  |
January 17, 2025
Financial Express Kolkata

Partners, not rivals, in delivery ecosystem

The synergistic relationship of GCCs and GSIs will continue to fuel India's technological prowess as it supports the front and back offices of companies

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3 mins  |
January 17, 2025
Financial Express Kolkata

From mud to the mat

● The Kho Kho Federation is sparing no effort to put the sport on the map

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2 mins  |
January 17, 2025
Financial Express Kolkata

MTech enrolment drops to lowest in 7 years

THERE'S A DECLINING interest in India's MTech courses.

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2 mins  |
January 17, 2025
Financial Express Kolkata

Gadkari says fault in road laying should attract jail term

UNION ROAD TRANSPORT and highways minister Nitin Gadkari on Thursday said faulty road construction should be made a non-bailable offence, and road contractors and engineers should be held responsible for accidents and imprisoned.

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1 min  |
January 17, 2025
Financial Express Kolkata

Kirloskar Oil Engines vs Sebi: KBL plea to intervene allowed

KIRLOSKAR BROTHERS (KBL) was granted permission on Thursday to intervene in the Kirloskar Oil Engines (KOEL) versus markets regulator Securities Exchange Board of India (Sebi) case before the Securities Appellate Tribunal (SAT).

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1 min  |
January 17, 2025
Financial Express Kolkata

4 in 5 professionals looking for a new job in 2025: Study

OVER FOUR IN five (82%) professionals in India are gearing up for a job hunt this year, even as more than half (55%) report that finding a job became tougher in 2024, according to LinkedIn.

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1 min  |
January 17, 2025