Financial Express Mumbai - May 22, 2023
Financial Express Mumbai - May 22, 2023
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In this issue
May 22, 2023
India Inc steps up capex plans
14% RISE TARGETTED FOR FY24. GOVT SPENDING, BUOYANT DEMAND TO BE KEY DRIVERS
3 mins
The crossed wires that keep tripping Voda Idea
NO FUND INFUSION SIGNAL FROM UK PROMOTER VODAFONE PLC
3 mins
Jio has a welcome offer for Tesla
In talks to build private network for US firm's potential India plant
2 mins
ConCor privatisation plan off track for now
PRIVATISATION OF CONTAINER Corporation (ConCor), hanging fire since 2019, is unlikely to materialise even in the current financial year, as land-related issues are yet to be sorted out by the railways. \"Internal approvals are not yet complete,\" a senior government official told FE.
1 min
Suspicious short-selling by 6 entities in Adani shares, says SC panel
SUSPICIOUS TRADING HAS been observed in Adani group shares by four foreign portfolio investors, one corporate and one individual, according to the Supreme Court-appointed panel's report.
1 min
Packaged food takes a big bite of Q4 sales
PACKAGED FOOD AS a category has emerged as an outlier in the domestic fast-moving consumer goods (FMCG) market, contributing to the strong sales performance of the segment players in the March quarter of FY23.
2 mins
Machinery imports up amid overall slide
INDIA INC PAYS LESS FOR IMPORTED INPUTS. INVESTMENT DEMAND IN THE ECONOMY REMAINS STRONG
2 mins
Milk prices unlikely to witness further spike: NDDB chief
Meenesh Shah, CMD, NDDB ruled out any possibility of imports of dairy products at present
2 mins
Ban on wheat exports, curbs on rice shipments to stay
ΤΟ SAFEGUARD CONSUMERS from any spike in domestic prices in the coming months, the government is understood to have decided against lifting the ban on exports of wheat and wheat products such as atta this year.
1 min
UDAN 5.1 in the offing for northeast, hilly regions
ENHANCING REGIONAL AIR CONNECTIVITY. ROUTES WILL BE SERVICED ONLY VIA CHOPPERS
1 min
Blackstone buys diamond certification firm for $570 mn
IGI is a diamond, coloured stone and jewellery certification organisation. The firm gets majority of its revenue and profits from India
1 min
Walmart to source toys, shoes, bicycles from India
US-BASED RETAIL giant Walmart is looking to source toys, shoes and bicycles from Indian suppliers as the company is targeting to increase its exports from India to $10 billion annually by 2027.
1 min
Many Indians fall victim to online travel scams: Report
WITH THE RISE in tourism in the country post-Covid, the sector is also witnessing an increase in online travel scams as a significant percentage of travellers have been duped while trying book holidays to save money, a report said on Sunday.
1 min
Deloitte to open offices in Pune, Kolkata and Chennai
DELOITTE US HAS Deloitte US has expanded delivery capabilities in India with new offices in Pune, Chennai and Kolkata to serve companies globally.
1 min
Current focus on retail segment: PNB Housing MD
PNB HOUSING FINANCE is currently focusing on growing its retail loan book while also cleaning up its corporate portfolio, according to managing director and chief executive officer Girish Kousgi.
1 min
Multi-asset funds give a tax advantage
MUTUAL FUNDS. THESE FUNDS INVEST 65% IN EQUITY AND THE REST IN DEBT & GOLD
3 mins
Bad habits on the Internet and how to fix them
Check Point outlines five key steps for better digital security
1 min
Late payment rule: Overdues of discom fall 74% in under a year
THE TOTAL OVERDUES of power distribution companies (discoms) to power generation companies (gencos) have fallen 73.5% to ₹26,516.57 crore in less than a year of the introduction of Late Payment Surcharge (LPS) rule on June 3, 2022.
1 min
Sebi moots measures to curb price volatility in derivatives
CAPITAL MARKETS REGULATOR Sebi on Sunday came out with a proposal to strengthen the existing price band formulation for scrips in the derivatives segment to deepen volatility management and minimize information asymmetry in the market.
1 min
Das to address PSB board members on governance today
RESERVE BANK OF INDIA Governor Shaktikanta Das is scheduled to meet the board of directors of all public sector banks on Monday to discuss issues related to governance and ethics.
1 min
Financial Express Mumbai Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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