Financial Express Delhi - February 15, 2025

Financial Express Delhi - February 15, 2025

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In this issue
February 15, 2025
Tata Sons chief awarded UK knighthood
TATA SONS CHAIRMAN N Chandrasekaran has been conferred honorary knighthood by the UK for his services to the UK-India business relations, the group said on Friday.
1 min
Property developers unfazed by declining realty stocks
● Say overall market sentiment down
2 mins
Trump's Tariff Moves Will Not Impact Us
Cost control and better pricing, and the quality of its products have contributed to Hindalco's healthy financial performance in the third quarter, managing director Satish Pai tells Urvi Malvania.
2 mins
Adani to fully restore power to Bangladesh
ADANI GROUP IS a finalist, alongside two government-linked groups, to take over private production of the Small Satellite Launch Vehicle (SSLV), three sources familiar with the matter said.
1 min
Streaming wars set to intensify with JioHotStar debut
THE RELIANCE-DISNEY joint venture on Friday merged its two streaming platforms Disney+ Hotstar and JioCinema into one.
1 min
Reliance Consumer buys sachet pioneer Velvette
RELIANCE CONSUMER PRODUCTS (RCPL) on Friday announced the acquisition of the iconic sachet shampoo brand 'Velvette,' strengthening its FMCG portfolio and adding another heritage brand to its revival list.
1 min
BSNL rings in profit after 17 yrs in Q3
Posts Profit Of ₹262 Crore
1 min
Gold Zooms Past Record ₹89,000 Mark
GOLD PRICES SOARED by ₹1,300 to hit a new all-time high of ₹89,400 per 10 gram amid heavy buying from jewellers and retailers, according to the All India Sarafa Association.
1 min
Sebi Relaxes Timeline for AIFs to Hold Investments in Demat Form
SEBI ON FRIDAY said it has relaxed the timeline for alternative investment funds to hold their investments in dematerialised (demat) form.
1 min
New India Co-operative Bank: Depositors in a state of panic
SUNIL MEHTA, A customer of New India Cooperative Bank's Tulsiani Chambers' branch, was curious to see the shutters of the office half down on a working day. The curiosity soon turned into shock when one of the employees said the bank is not accepting any deposits as the Reserve Bank of India (RBI) has barred it from doing new business.
2 mins
Five-Star Business on track to close fiscal with ₹12,000-crore AUM
Business Finance fell 22% year-on-year to ₹941 crore for the third quarter, but the company remains confident of achieving a 25% portfolio growth for the full year, driven by a pick-up in disbursements in the second quarter.DISBURSEMENTS OF FIVE-STAR
1 min
Top-level rejig at Navi, two new CEOs appointed
NAVI GROUP ON Friday rejigged its top management, with founder Sachin Bansal resigning as the chief executive officer of Navi Technologies and Navi Finserv, its lending arm.
1 min
Mid-, small-cap gauges record worst weekly loss in five years
Free Fall
2 mins
New India Co-Op Bank board superseded
The Reserve Bank of India (RBI) superseded the board of New India Co-operative Bank after it found financial irregularities, including a capital adequacy ratio below the minimum regulatory requirement and declining advances.
1 min
TikTok Returns on Apple, Google US App Stores
TikTok returned to the US app stores of Apple and Google on Thursday as President Donald Trump delayed a ban on the Chinese-owned social media app and assured the tech giants they would not be fined for distributing or maintaining it.
1 min
HSBC to kick off new round of job cuts
HSBC HOLDINGS IS kicking off a fresh round of job cuts at its investment bank as new chief executive officer Georges Elhedery continues his overhaul of Europe's biggest lender, according to people familiar with the matter.
1 min
Experts wary of reciprocal tariffs
THE PLAN THAT has been announced says that it seeks to address all disadvantages that American businesses face globally ranging from digital services tax to non-tariff barriers including subsidies and burdensome regulatory requirements.
3 mins
Trade deal with US soon
Trump said after talks with Modi that India will buy more oil, gas and military hardware from America to bring down the trade deficit while asserting that Washington will not spare New Delhi from reciprocal tariffs
2 mins
Thousands fired as Trump takes the axe to govt offices
ANXIOUS US FEDERAL workers are expected to see another round of pink slips on Friday as President Donald Trump and top adviser Elon Musk pursue a wholesale downsizing of the government.
1 min
Trump floats deal with Russia, China to cut defence spending
PRESIDENT DONALD TRUMP floated the idea of a three-way meeting with the leaders of Russia and China in which the countries would agree to cut defence spending in half.
2 mins
Russian drone strike damages Chornobyl nuclear plant shelter
A RUSSIAN DRONE caused significant damage to the radiation containment shelter at the Chornobyl nuclear power plant overnight, Ukrainian President Volodymyr Zelenskiy said on Friday.
1 min
Transformative milestone for taxation in India
THE GOVERNMENT HAS been focusing relentlessly on its ambitious Viksit Bharat vision, aiming to transform India into a fully developed and self-reliant nation by 2047.
2 mins
An inequitable tax structure
HIGH EXEMPTION LIMITS PUSHING GOVT TO RELY ON INDIRECT TAXES WHICH BURDEN LOWER-INCOME GROUPS
3 mins
Pragmatic deal-making
PM's meet with Trump raises hopes of a much-needed bilateral trade agreement
2 mins
At last, accessibility for all
SC judgment is anticipated to instigate a substantial revision of the accessibility mandate for persons with disabilities as well as other demographic groups
3 mins
GENERATION SPEED All metal in motion
A unique car fest in which classic cars will race each other, and won't just be on display
2 mins
The Way Forward for Highway Charging
INDIA has more than 12,000 EV charging stations, but most of these are in cities.
1 min
Why do CXOs love this car?
● Driving top variant of E-Class in Delhi's new business district
2 mins
Lock in fixed deposits before rates fall
● FDs of multiple maturities will reduce reinvestment risk
2 mins
Trump Offers India F-35 Jets
WITH THEIR STRATEGIC cooperation straddling sectors from defense to high-tech, US President Donald Trump and Prime Minister Narendra Modi launched a new initiative, the 'US-India COMPACT (Catalyzing Opportunities for Military Partnership, Accelerated Commerce & Technology) for the 21st Century', to \"drive transformative change across key pillars of cooperation\".
1 min
Small cities pip metros in Valentine's sales
PEOPLE IN TIER 2 and 3 cities turned out in bigger numbers to shop compared to metros during the Valentine's Week this year, according to industry executives.
1 min
Will Harley Roar Again on Reciprocal Tariffs?
WILL US PRESIDENT Donald Trump's insistence on \"reciprocal tariffs\" lead to the American cult bike brand Harley-Davidson's bigger play in India?
2 mins
Financial Express Delhi Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
Financial Express Delhi delivers the latest business news, market trends, and economic insights straight from India’s capital, Delhi. Covering expert analysis on stock markets, corporate developments, government policies, and global financial trends, Financial Express Delhi is a must-read for investors, professionals, and business leaders. Covering sectors like banking, technology, real estate, and startups, Financial Express Delhi provides in-depth reports, exclusive interviews, and expert opinions to help you stay ahead in the world of finance.
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