Financial Express Mumbai - December 10, 2022
Financial Express Mumbai - December 10, 2022
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In this issue
December 10, 2022
RCap base price fixed at ₹5,300 crore
Lenders finalise e-auction process
2 mins
India moves up to 5th place in list of world’s valuable firms
RELIANCE LEADS 20 INDIAN COMPANIES IN HURUN GLOBAL 500 RANKINGS
2 mins
Inflows into equity MFs sink 75% to a 21-month low
SIP inflows at record ₹13,307 cr in November
2 mins
Bidding for IDBI Bank now open till Jan
EoI for ConCor next month,HZL offer for sale in FY23
1 min
House nod sought for extra net spending of ₹3.26 trn
Deficit target to be met still, thanks to savings, higher revenue
2 mins
Wheat sowing up a quarter, area under oilseeds at record level
WITH JUST A fortnight left for the rabi crops sowing to be completed, area under oilseeds has risen to a record 9.5 million hectare (MH) while wheat sowing stood 25% higher than the year-ago level, reports Sandip Das.
1 min
No faceless assessment for cross-border tax cases: CBDT
THE CENTRAL BOARD of Direct Taxes (CBDT) has said that information related to compulsory scrutiny of cases in \"International Tax and Central Charges\" will not be transmitted to the National Faceless Assessment Centre (NaFAC) unless the case itself is transferred.
1 min
Power abuse by social media not allowed: Minister
I draw attention of the platforms to the amended IT rules... and obligations that have been cast on them...to do due diligence on the content that are on their platforms and intervene in 72 hours to take down content that is misinformation.\"
1 min
Remove 11% import duty on cotton, CAI urges Goyal
'Removal of 11% import duty on cotton is necessary to provide Indian textile industry a level playing field so as to facilitate mills to compete internationally and run with full capacity,\" said Ganatra adding that due to higher rate of Indian cotton during last 4 to 5 months Indian mills are running at 40 to 60% capacity only.
1 min
2WSs retail volumes surge on rural push
RECORD TWO-WHEELER SALES in November helped the auto industry post its second-best monthly volumes ever with total registrations crossing 2.38 million, up 26% compared to the same month last year.
1 min
Air India says flight delays are due to operational issues
Some long-haul flights of Air India are facing operational issues leading to flight delays, the Tata Group brand said on Friday while responding to reports about shortage of cabin crew.
1 min
Household outlook on discretionary spends positive after pandemic
RBI CONSUMER CONFIDENCE SURVEY
1 min
Varun Beverages, ABB poised to enter Amfi large-cap list
THE SEMI-ANNUAL rejig of stocks by the Association of Mutual Funds in India (Amfi) next year is likely to result in the entry of Varun Beverages, ABB, Page Industries and Tata Elxsi in the large-cap category, according to Nuvama Institutional Equities, reports Ashley Coutinho.
1 min
Overseas arms of banks can now offer structured products
RBI ACCORDS NECESSARY APPROVAL
2 mins
Yes Bank to go ahead with PE deal; stock hits 52-week high
FOLLOWING ITS CONDITIONAL approval, the Reserve Bank of India has issued two letters to Yes Bank as a go-ahead to its proposed capital-raise plan from the Carlyle Group and Verventa Holdings, an affiliate of funds managed by Advent International, the bank informed the exchanges. Shares of Yes Bank hit the 52-week high of 20.50 after the announcement.
1 min
The return of the little champ
But 2022 is an altogether new era
2 mins
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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