Financial Express Mumbai - May 15, 2023
Financial Express Mumbai - May 15, 2023
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In this issue
May 15, 2023
GST dept to get access to banking transactions
GOODS AND SERVICES Tax authorities are seeking near realtime access to banking transactions of the taxpayers, as a means to detect fake invoices and excess use of input tax credit (ITC) by sections of businesses
2 mins
Land parcels sell out quickly
Prices increase up to 200% in tier-1 cities
3 mins
Trai to probe all past tariff plans too
Vodafone Idea's 4G plans also under scrutiny
2 mins
CPSES' purchases from MSES steadily rising
Goods worth ₹61K cr purchased from these units in FY23
2 mins
NHAI's debt service cost to cross ₹50,000 crore in FY28
To return to the current level of 20.5% of budgetary outlay
3 mins
CIL readies 52 projects for 1 bn tonne output by FY26
Aims to quadruple underground output to 100 MT by FY28
1 min
Cereal inflation expected to soften on robust stocks of govt agencies
Procurement of wheat by FCI, states up 43% on year
2 mins
Karnataka DGP Sood appointed as CBI chief, gets two-year tenure
THE HIGH-POWERED selection committee headed by Prime Minister Narendra Modi has appointed Karnataka DGP Praveen Sood as Director of the Central Bureau of Investigation (CBI) for a period of two years
1 min
Karnataka: Congress MLAS authorise Kharge to pick CM
NEWLY-ELECTED CONGRESS MLAs in Karnataka on Sunday authorised party president Mallikarjun Kharge to pick the next chief minister, with the leadership battle heating up between Siddaramaiah and DK Shivakumar the frontrunners for the coveted post
1 min
InGovern wants board overhaul at Hikal
PROXY ADVISORY FIRM InGovern Research Services has raised corporate governance issues at Hikal, a firm embroiled in a bitter promoter battle, asking for a board overhaul and roping in a new professional CEO
1 min
BSNL struggles as Jio, Airtel expand broadband footprint
STATE-OWNED BHARAT Sanchar Nigam (BSNL) which was once the leader in the home broadband and wireline segments has now been struggling to retain its market share as both Jio and Airtel are aggressively expanding their footprint
2 mins
Green hydrogen on demand, on site
This energy startup has raised $2.4 million in a pre-Series A round
2 mins
Housing, infra push drives new players into paints segment
The Fevicol-maker has made a decent start, taking the name \"Haisha\" from a popular Fevicol ad campaign of the 1990s titled, \"Dum laga ke haisha\" (pull it with force)
2 mins
Silver ETFs shine, AUM at ₹1,800 cr
SILVER EXCHANGE-TRADED funds (ETFs) are gradually gaining popularity as an asset class among investors
2 mins
Godrej Consumer: Expect double-digit sales growth
Improved margin outlook is driven by lower input costs
1 min
Building up muscle
With its brand revamp, Protinex aims to grow adult health food space
2 mins
Speed not the only differentiator in electric age: Mercedes-AMG CTO
In the electric age, not speed but overall driving performance will differentiate sports cars from family cars
2 mins
Erdogan takes initial lead in Turkey polls
EARLY RESULTS FROM Turkey's presidential election on Sunday showed President Tayyip Erdogan well ahead with 59.47% of votes compared to opposition rival Kemal Kilicdaroglu with 34.79%, although the gap was expected to narrow as more votes are counted
1 min
Julius Baer plans AIFs in India growth push
SWISS PRIVATE BANK Julius Baer's Indian arm is planning to launch alternative investment funds (AIFs) as part of its growth strategy
1 min
Govt pushes ONDC as UPI equivalent of e-commerce, industry perplexed
Some players like Flipkart and Zomato are trying to set up step down subsidiaries to join the government-backed Open Network for Digital Commerce (ONDC), but some other big ones such as Amazon and Swiggy have chosen to stay away so far
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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