Financial Express Hyderabad - March 06, 2025
Financial Express Hyderabad - March 06, 2025
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In this issue
March 06, 2025
Tesla Rents Space in BKC for India Foray
AMERICAN EV MAKER Tesla has rented a 4,000-sq ft space in the Bandra Kurla Complex business district to house its maiden showroom in the country, it was revealed on Wednesday.
1 min
26 New Billionaires in India in '24
The total number of billionaires in India reached 191 in 2024, a 16% year-on-year growth, according to a report by Knight Frank, reports Viveat Susan Pinto.
1 min
Viksit Bharat: 70% women in workforce key, says labour secy
The government will walk the talk on Viksit Bharat by 2047 with 70% women in the workforce, Union labour secretary Sumita Dawra said on Wednesday as she highlighted the importance of mentorship for women entrepreneurs.
1 min
IRFC forays into power sector lending
₹10,700-cr loans to be extended to NTPC ventures
2 mins
Need to do more to nurture talent: PM
Urges more firms to participate in internship scheme
2 mins
CAG flags decline in states' tax buoyancy, other issues
As the 16th Finance Commission gears up for its assessment of public finance, the Comptroller and Auditor General of India (CAG) on Wednesday flagged key areas of concern, including a decline in the states' own tax revenue (SOTR) buoyancy, varying levels of SOTR and non-tax revenue, underscoring the need for more robust revenue collection mechanisms.
2 mins
Services sector growth surges on robust demand
Index rises to 59 in Feb from 56.5 in Jan
1 min
MHA view sought on Kejriwal security
A MONTH AFTER the defeat of AAP national convenor Arvind Kejriwal in the Delhi Assembly elections, the Delhi Police security unit has decided to ask the Ministry of Home Affairs whether the security cover provided to him should continue or be scaled down.
1 min
Blackstone to buy South City Mall in Kolkata for ₹3,480 cr
IN THE LARGEST deal in the mall space, global investor Blackstone Group is set to acquire South City Mall in Kolkata for ₹3,480 crore ($400 million), said people familiar with the matter.
1 min
Oyo Estimates FY26 Profit at ₹1,100 Crore
TRAVEL TECH FIRM Oyo is expected to report a profit after tax of ₹1,100 crore in FY26, according to the projections shared by the company's founder Ritesh Agarwal.
1 min
Ola, Lenovo to make India's largest supercomputer
OLA HAS ANNOUNCED a strategic partnership with Lenovo to develop India's largest supercomputer.
1 min
Tech boom sends IT jobs soaring
WITH THE RISE of new technologies like AI, machine learning, and a revival in BFSI and retail sectors, the demand for IT professionals seems to be gaining momentum.
2 mins
Tata Electronics to Set Up Display Chip Making Unit in Gujarat
TATA ELECTRONICS WILL set up a display chip manufacturing unit in Gujarat in partnership with Taiwan-based PSMC and Himax Technologies, a top official of the company said on Wednesday.
1 min
Madhya Pradesh @2047: CII Report Sparks Hopes for a $2.1 Trillion Economy
According to a report by the Confederation of Indian Industry (CII), Madhya Pradesh's Gross State Domestic Product (GSDP) is projected to reach $2.1 trillion (Rs. 248.6 lakh crore) by 2047-48.
1 min
GIS 2025: MP Attracts Investment Proposals Worth Rs. 30.77 Lakh Crore, 21.40 Lakh Jobs to be Created
The Global Investors Summit, 2025, held in Bhopal on 24-25 February 2025, propelled the state into the spotlight, securing an unprecedented 30.77 lakh crore in investment commitments, including RICs, Interactive Sessions, and Road Shows, transforming it into one of India's fastest-growing industrial hubs.
3 mins
Notices to be issued to Kalyani brothers
JOINT CIVIL JUDGE S S Shinde of the Pune Civil Court on Wednesday ordered issue of notices to Baba Kalyani and Gaurishankar Kalyani regarding a partition suit filed by their sister, Sugandha Hiremath.
1 min
Adani's Navi Mumbai airport draws IndiGo & SpiceJet
Aiming High
2 mins
Import curbs may hit production in India, says AMNS
ARCELORMITTAL'S INDIA JOINT venture has warned it may have to severely curtail steelmaking in the country and delay its expansion plans due to New Delhi's import restrictions on a key raw material, a company letter to the government showed.
1 min
Telcos fear Trai role may get diluted in new regime
THE ROLE OF the Telecom Regulatory Authority of India (Trai) as the sector regulator is likely to get diluted once the new telecom authorisation regime kicks in, telecom operators said on Wednesday.
1 min
Agritech startups eye global expansion
Optimistic Approach
1 min
RBI booster for liquidity...
Though auctions have helped ease the deficit to some extent, experts say the relief from the cash squeeze is likely to be temporary as fund outflows, rupee volatility and tax payments may drain liquidity from the system.
1 min
Ad rates set for 80% surge for Champions Trophy final
ON MARCH 4, the day India beat Australia at the first semi-finals held at the Dubai International Cricket Stadium, the peak concurrency -- which is the highest number of viewers during a live stream -- on Jio Hotstar was at 669 million viewers.
1 min
Data transfer...
THIS, THEY SAID, would lead to fragmented global data flows, higher costs, and regulatory uncertainty without necessarily enhancing data protection.
1 min
Swap rate lowest in nearly 3 years, raises April rate-cut hopes
INVESTORS ARE POSITIONING for earlier rate cuts, driven by easing local inflation and concerns over economic growth.
1 min
Sebi Directive on 'Minimum Info' Laughable: Damodaran
Sebi's recent directive on minimum information has many inconsistencies and is \"laughable,\" its former chairman M Damodaran said.
1 min
Weak dollar helps rupee post best day in 3 weeks
THE RUPEE ROSE on Wednesday as a broadly weaker US dollar spurred gains in most Asian currencies, with investors fretting over a slowdown in the US and how trade tariffs may impact the world's largest economy.
2 mins
Trump Sets Tariff Marker for Talks
\"RECIPROCAL TARIFF LIMITS India's options in doing the bilateral trade negotiations and gives the US an additional leverage to extract some additional benefits under the proposed trade pact,\" acting president and distinguished professor at Council for Social Development Biswajit Dhar said.
3 mins
We'll Keep Having Fewer Babies. Time to Accept That
AFTER YEARS OF grinding lower, a widely watched measure of fertility in a country battling significant demographic headwinds notched a small increase. While welcome, there's little chance South Korea's popular narrative of a nation blighted by empty schools and a deserted countryside will be put aside. Smaller families
3 mins
The KYC crisis
Govt needs to take responsibility as nobody should be denied access to bank accounts for no fault of their own
2 mins
'Finding AI-ready talent is a concern'
THE AI REVOLUTION DEMANDS ALL OF US TO BE NIMBLE, INVEST IN LEARNING AT SPEED AND EMBRACE CHANGE
2 mins
Innovating to stay in sync with changing times
Lenovo pushes to modernise its business laptops
2 mins
Judge rejects Musk's bid to block OpenAI's for-profit shift
A US JUDGE on Tuesday denied billionaire Elon Musk's request for a preliminary injunction to pause OpenAI's transition to a for-profit model but agreed to a fast-track trial in the fall of this year, the latest turn in the high-stakes legal fight.
1 min
Ukraine willing to negotiate: Trump
US PRESIDENT DONALD Trump said on Tuesday he received a letter from Ukrainian President Volodymyr Zelenskyy in which the Ukrainian leader expressed willingness to come to the negotiating table over the Russia-Ukraine war.
1 min
SC Rejects Trump's Bid to Freeze Foreign Aid
The Supreme Court (SC) on Wednesday rejected President Trump's emergency request to freeze nearly $2 billion in foreign aid as part of his efforts to slash government spending.
1 min
Germany agrees to debt overhaul to revive growth
Germany's next government on Tuesday agreed to create a 500 billion euro infrastructure fund and overhaul borrowing rules in a tectonic spending shift to revamp the military and revive growth in Europe's largest economy.
1 min
China Sets Bullish Growth Target of About 5% for 2025, Despite US Tariffs
CHINA SET a forceful economic growth goal at about 5% for 2025, raising expectations for officials to unleash more stimulus later this year as they confront a trade war with Donald Trump.
1 min
Computer science's top prize goes to AI visionaries
TEACHING MACHINES in the way that animal trainers mold the behaviour of dogs or horses has been an important method for developing artificial intelligence and one that was recognised Wednesday with the top computer science award.
1 min
Men in Blue to Take on Black Caps in Epic Finale
Kiwis Outshine Proteas in a High-Scoring Semifinal
2 mins
Financial Express Hyderabad Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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