Financial Express Mumbai - December 03, 2022
Financial Express Mumbai - December 03, 2022
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In this issue
December 03, 2022
Supply chain woes to Keep airfares elevated
SPARES, ENGINES IN SHORT SUPPLY BUT ROUTES NOT SLASHED
2 mins
Truecaller more than caller ID, can co-exist with Trai: India MD
THE TELECOM REGULATORY Authority of India's (Trai) move to make it mandatory for service providers to flash caller's name on the phone screen when users receive calls, would not adversely impact Truecaller, which currently provides this service to subscribers who download its app.
1 min
PhonePe, GPay get two more years for 30% share cap rule
Top three make up for 96% of monthly UPI volumes
1 min
Decks cleared for variable capital companies in India
To be incorporated in international financial centres
1 min
Oilseeds sowing hits record, area under wheat higher too
ROBUST WINTER CROPS PLANTING
1 min
Railways’ passenger revenues rise 76% in April-November
Set to exceed the budget target for FY23 by a wide margin
1 min
Jump in cost of living due to war modest in India: Report
AMIDST THE SURGE in food and fuel prices post the Russia-Ukraine war, India has done quite well in managing the cost of living compared to other countries, said a new report by SBI Ecowrap.
1 min
Centre seeks to roll back states’ ability to borrow more
INDIA MAY DENY any leeway to states wanting more headroom to borrow as Prime Minister Narendra Modi's administration aims to tighten fiscal policy in a bid to assuage global investors, according to people familiar with the matter.
1 min
Paddy procurement grows 13% at 33 mt
To boost FCI’s rice stock depleted by the free ration scheme
2 mins
Westlife aims to double sales to ₹4,500 crore in 5 years
WESTLIFE FOODWORLD, WHICH owns the franchise for McDonald's in west and south India, intends to double its sales to ₹4,000-4,500 crore in the next five years on the back of menu innovation, omnichannel presence and network expansion.
2 mins
Mercedes launches electric, ICE engine SUVs
MERCEDES-BENZ INDIA on Friday launched two seven-seater SUVs, the EQB and the GLB. While the SUVS are similar, the powertrains are different - the EQB is an electric SUV while the GLB is powered by petrol and diesel engines.
1 min
Smart TV shipments growth slows post festive season
India's smart TV market share by top brands
2 mins
Social media app Sharechat lays off 5% of employees
MOHALLA TECH, WHICH owns homegrown social media company ShareChat, has laid off 100 employees and shuttered down fantasy gaming app Jeet11, said a source close to the company.
2 mins
Maruti Suzuki price rise may trigger others to follow suit
HIKES WILL NOT BE AS STEEP AS SEEN IN 2020
2 mins
AWS to continue investing in India, create 48k jobs/yr
AWS, E-COMMERCE giant Amazon's cloud computing subsidiary, will continue to invest in India and create 48,000 jobs per annum, despite global uncertainties as the country is the world's largest open market for technology businesses.
2 mins
Tata Power to invest ₹6,000 cr in Odisha
TATA POWER CEO and MD Praveer Sinha announced a ₹6,000 crore capital investment by the company in Odisha.
1 min
Financial Express Mumbai Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
The Financial Express brings the latest and breaking business news from Markets and Industries in India.
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