Financial Express Hyderabad - February 18, 2025
Financial Express Hyderabad - February 18, 2025
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In this issue
February 18, 2025
26 Firms Exit ₹1-lakh-cr M-cap Club
THE BENCHMARK INDICES have corrected by around 12% from their peaks in late September, and the broader indices saw a steeper decline of nearly 21%.
1 min
Schemes Under Export Mission In The Works
Boost To Shipments
1 min
India, Qatar to discuss ways to boost trade, investments
INDIA AND QATAR on Tuesday will discuss ways to further promote bilateral trade and investments.
1 min
₹2.90-lakh-cr Odisha budget focuses on agriculture, irrigation
ODISHA CHIEF MINISTER Mohan Charan Majhi on Monday presented a ₹2.90-lakh-crore state budget for FY26 with a focus on agriculture and irrigation.
1 min
Wheat crop intact despite rise in temperature
Bright Prospects
2 mins
US trade pact framework soon
Bilateral Agreement
2 mins
NTPC plans to spend ₹5.27L cr on 30 GW of nuclear power
STATE-RUN POWER COMPANY NTPC is looking to build 30 gigawatts of nuclear power capacity over the next two decades, three times more than expected, at a cost of ₹527,000 crore, three sources said.
2 mins
Leasing of co-working spaces up 57%
FLEXIBLE WORKSPACE (CO-WORKING) operators saw the gross leasing volume (GLV) rise 57.5% y-o-y to an all-time high of 12.4 million sq ft in 2024, according to Cushman & Wakefield, reports Raghavendra Kamath.
1 min
COAI Critical of Trai's Rules on Spam, SMSes
The Cellular Operators Association of India (COAI) has criticised the new rules by the Telecom Regulatory Authority of India (Trai) to curb spam calls and messages.
1 min
Lightbox 2.0 will enhance our operational expertise
Venture capital firm Lightbox Ventures is gearing up to raise a $200-million fund. Managing director Sandeep Murthy discusses the company's strategic shift, and future plans in an interview with Anees Hussain.
1 min
Nearly 50% luxury car buyers now under 40
NEARLY ONE IN every two luxury cars sold in India is purchased by a buyer under 40, a significant drop from 50-year-olds being leading buyers a few years ago, reflecting a demographic shift in consumer profiles.
1 min
AC makers in a fix over compressors as winters near end
AIR CONDITIONER (AC) manufacturers may once again struggle to meet peak summer demand if it rises beyond a certain threshold, as the domestic production of compressors remains inadequate.
2 mins
Jewellers' margin set to take a hit as gold leasing rates surge
THE GOLD LEASING rates have shot up sharply as a tariff scare from the Trump administration has prompted global banks to secure the precious metal, leading to a supply crunch in India, among the top consumers of the metal.
2 mins
Zomato Unveils AI-Powered Customer Support Tool
Zomato on Monday launched Nugget, a no-code, AI-powered customer support platform designed for enterprises.
1 min
Jio-bp to expand retail infra, EV charging units
Scaling Up
1 min
IT firms to scale up mid-level hiring in FY26
IT COMPANIES ARE set to increase hiring for professionals with four to eight years of experience in FY26, while entry-level recruitment is expected to remain sluggish due to the growing impact of AI and automation, said Ramani Dathi, CFO of TeamLease Services, in an interaction with FE.
1 min
Udaan raises $75 million in Series G funding round
Raised at Flat Valuation
1 min
Cost cuts behind BSNL's Q3 revival
STATE-OWNED BHARAT SANCHAR Nigam (BSNL) reported a net profit of ₹262 crore in the October-December period—the first time in 17 years—primarily due to a sharp reduction in depreciation and amortisation expenses, along with an increase in other income.
1 min
Oil steady on possibility of Russia-Ukraine peace deal
OIL PRICES WERE broadly steady on Monday, as investors monitored developments over a possible Russia-Ukraine peace deal that could ease the sanctions that have disrupted energy flows, while a weaker dollar and reduced Caspian supply curbed any selling.
1 min
StanChart Appoints PD Singh as CEO for India
STANDARD CHARTERED ON Monday said PD Singh will assume charge as the chief executive officer (CEO) for India, effective April 1, 2025.
1 min
IL&FS begins interim payout to creditors
THE IL&FS GROUP on Monday said the company has initiated ₹5,000-crore interim payout to eligible creditors as part of its ongoing resolution mandate.
1 min
Equity indices eke out slim gains in volatile session
THE BENCHMARK INDICES snapped their eight-day losing streak on Monday, and closed with modest gains amid high volatility.
2 mins
Delinquencies in microfinance sector may ease from next qtr
THE STRESS IN the microfinance sector is unlikely to ease soon, and banks expect to see the trend of heightened delinquencies in micro-finance loans to continue in the current quarter.
1 min
Time perfect for SIP investment, says Buch, lauds SBI MF's ₹250 plan
AT A TIME when foreign investors are continuously taking money out of the Indian market, Securities and Exchange Board of India chairperson Madhabi Puri Buch citing data said that domestic institutions and retail investors come in to fill the gap when foreign flows go out due to global reasons.
2 mins
UK offers peacekeeping force
Britain said it was ready to send peacekeeping troops to back up any peace deal for Ukraine as European leaders gathered on Monday to agree a unified strategy, while Russian and US officials prepared to meet for their own competing talks.
1 min
Rubio arrives in Saudi
FRENCH PRESIDENT EMMANUEL Macron called leaders from key European Union nations and the United Kingdom to his ornate Elysee Palace on Monday for an emergency meeting on how to react to the US diplomatic blitz on Ukraine, which left the once rock-solid partner as a potential political liability.
1 min
German Voters Demand Change
LARS BAUMGUERTEL wants Germany's politicians to get out their cheque books. The 58-year-old executive runs one of the last surviving manufacturers in Gelsenkirchen, a former coal town in the industrialized Ruhr Valley.
1 min
Google Fined for YouTube Clip Telling Russian Troops How to Surrender: TASS
A RUSSIAN COURT has fined Alphabet's Google 3.8 million roubles ($41,530) for hosting content on YouTube that included videos instructing Russian soldiers how to surrender, Russia's TASS news agency reported on Monday.
1 min
Shein Faces Investor Pressure to Slash Valuation to $30 Billion
Fast-Fashion Retailer
1 min
Musk's DOGE Faces Legal Scrutiny on President's Day
A US JUDGE has scheduled a rare holiday court hearing on Monday, in a case brought by Democratic state attorneys general seeking to protect major federal agencies from Elon Musk's government cost-cutting team known as DOGE.
1 min
DeepSeeking AI Action Summit
Even though America signed the 2015 Paris Climate Summit, they continued to feel uneasy about it. Ten years on, Paris just hosted an important summit on artificial intelligence (AI).
4 mins
Cost-side story
Valuations have run ahead of corporate earnings growth
2 mins
Transforming pension and PF services
EPFO reforms mark a new era of efficiency, transparency, and accessibility with a focus on simplifying operations, reducing delays, and leveraging technology
3 mins
Glenmark Pharma to recover growth in FY26
Driven by launch of injectable and respiratory products
1 min
Asset quality to boost growth for SBI Cards
Credit cost drop could drive sharp EPS upgrades
1 min
Healthy performance for Hindalco in FY27
HINDALCO REPORTED Q3FY25 consolidated net sales of ₹58,400 crore, reflecting an 11% y-o-y growth while remaining flat sequentially.
2 mins
FM asks insurers to extend 'free-look' period to one year
\"THE INSURANCE SECTOR needs to broaden and deepen, we need more players.
2 mins
$1.4-bn tax demand won't block VW shipment, HC told
NO CONSIGNMENT FROM Skoda Auto Volkswagen India has been or will be stopped following a tax demand notice of $1.4 billion served on the company for allegedly providing misleading information regarding its imports, the Customs department informed the Bombay High Court on Monday.
2 mins
RIL's Brand Brilliance Outshines Apple & Nike
Reliance Industries has risen to No. 2 in the FutureBrand Index 2024, surpassing Apple and Nike.
1 min
ISB goes up to 27th spot in FT rankings
● Of the total 100 B-schools, eight are from India
1 min
Global Outsourcing's Future Lies in India, Finds Survey
● India still the top outsourcing hub amid uncertainties: Deloitte report
2 mins
Benefits Of Cancer Screening
A recent report in the prestigious Journal of the American Medical Association (JAMA, Dec 5 2024) estimated that in the US, 5.94 million cancer deaths were averted for breast, cervical, colorectal, lung, and prostate cancers combined, of which, cancer prevention and screening efforts averted 8 of 10 of these deaths (4.75 million averted deaths).
1 min
Financial Express Hyderabad Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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