Financial Express Mumbai - May 27, 2023
Financial Express Mumbai - May 27, 2023
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In this issue
May 27, 2023
IMD sticks to normal rains forecast
90% chances of El Nino conditions developing in July
3 mins
REMITS CASE BACK TO NCLT - NCLAT relief for Zee, Sony merger deal
Sets aside order directing BSE, NSE to review approval
2 mins
NHAI takes monetisation fast track
Raises FY24 target to ₹60,000 crore
2 mins
India's imports of Russian oil in troubled waters
MAJOR MARITIME SERVICES COMPANY DROPS 21 GATIK VESSELS
2 mins
Fundraise talks have gathered pace: Voda Idea
VODAFONE IDEA'S DISCUSSIONS with investors and banks for raising funds have gathered pace in the last one month, CEO Akshaya Moondra said on Friday.
2 mins
INDIA & THE CAPE TOWN CONVENTION
The Go First insolvency matter has aircraft lessors worried about repossessing the planes they had leased to the airline, thanks to the company assets getting protection from seizure under the IBC. But, with signs that India would ratify the Cape Town Convention, lessors should feel reassured. Rohit Vaid explains what the convention is
2 mins
Finmin: Recover loans from states on time
DIRECTIVE TO CENTRAL MINISTRIES | Ministry pushes for enforcement of fiscal discipline
1 min
Germany's recession may hit exports from India
WITH THE GERMAN economy contracting for two consecutive quarters, India's exports from sectors such as apparel, footwear and leather goods to the European Union nation are likely to be impacted adversely, according to exporters.
1 min
PLI scheme for basic chemicals
EXPRESSING CONFIDENCE IN India's pharmaceutical sector's potential to meet global healthcare needs, chemicals and fertilisers minister Mansukh Mandaviya on Friday said a production-linked incentive (PLI) scheme is being planned for basic chemicals.
1 min
Jet revival: NCLAT gives JKC more time to clear SBI dues
DEADLINE TO MAKE FIRST TRANCHE OF PAYMENT WAS MAY 15 | Directs lenders not to invoke bank guarantees
2 mins
Go First lessors move Delhi HC, want their leased aircraft back
Say IRP cannot take over third party assets
1 min
Vedanta's promoters can't dispose of shares: Lender
THE PROMOTERS OF mining major Vedanta, a subsidiary of London-headquartered Vedanta Resources (VRL), car not sell or dispose of their shares in the Indian company due to a charge created earlier.
1 min
Reliance Retail brings Alan's Bugles to India
PARTNERSHIP WITH GENERAL MILLS | Will take on PepsiCo, ITC, Balaji Wafers
1 min
Sensex could touch 100k in 5 years: Wood
THE SENSEX COULD touch 100,000 in five years assuming a 15% EPS growth and a five-year average one-year forward PE multiple of 19.8x, according to Christopher Wood, global head of equity strategy at Jefferies.
2 mins
Ways to manage your finances & avoid falling into a debt trap
LIVING WITHIN YOUR MEANS | Create an emergency fund and buy health and life insurance
2 mins
PR Sundar settles case with Sebi, to disgorge ₹6 crore
Options trader, two accused agree on ₹46.8L as settlement dues
2 mins
Neuralink gets FDA nod for human tests
NEURALINK, ELON MUSK'S brain-implant company, said it received approval from the US Food and Drug Administration (FDA) to conduct human clinical trials.
1 min
The road to stars goes via Uttarakhand
TRAVEL TO INDIA'S FIRST ASTRO-VILLAGE | Benital, a hamlet near Karnaprayag, is so far from artificial light that the only light you can see here comes from light years away
2 mins
Imran Khan faces 'end of the road' as Pakistan army cracks down
THOUSANDS OF PTI SUPPORTERS HELD, TOP LEADERS QUIT | Military looking to cut Khan's PTI down ahead of elections
2 mins
RBI: Withdrawal of ₹2K note 'currency management step'
OPPOSING A PLEA in Delhi HC challenging the RBI's May 19 notification to withdraw ₹2,000 currency note from circulation, the central bank on Friday said the decision is not demonetisation but a part of \"currency management system\".
1 min
Tube Investments outlays ₹400 cr capex for EV biz
THE MURUGAPPA GROUP company Tube Investments of India (TII) has lined up a separate capex of ₹300 crore to ₹400 crore for FY24 for EV product development and building of manufacturing plants.
1 min
Meta board advises shareholders to vote against proposal
HUMAN RIGHTS IMPACT IN INDIA
2 mins
RIL spurs Street sentiment as Sensex soars over 1%
Friday marks 2nd weekly expiry for relaunched derivatives
2 mins
BEHIND US VISA CURBS ON BANGLADESH
An announcement by a top US government official on Wednesday, regarding certain conditions for denial of visa to Bangladeshi citizens, has sparked debate regarding 'Western interference', even as it has implications for India's relationship with its eastern neighbour. Here is a look at the matter (compiled from Bloomberg and other sources)
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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