Financial Express Mumbai - June 05, 2023
Financial Express Mumbai - June 05, 2023
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In this issue
June 05, 2023
Reliance Retail, 6 others give Eols for Future firm
Firm managed group's logistics, warehousing ops
1 min
Street sees modest growth of India Inc's topline in FY24
WITH CONSUMER DEMAND expected to stay muted, analysts expect India Inc to report a modest topline growth in FY24 driven by the good performance of banks and the automobile sector.
2 mins
Railways seeks CBI probe into accident
UNION RAILWAY MINISTER Ashwini Vaishnaw Sunday said the Railway Board has decided to recommend that further probe on the train accident in Odisha that has left 275 dead be undertaken by the Central Bureau of Investigation (CBI).
2 mins
DoT panel for more sops to chip firms
ADEPARTMENT OF telecommunications (DoT) task force has recommended that the government provide incentives up to 75% for domestic design and manufacturing of telecom chipsets.
1 min
Balasore train tragedy exposes crying need for railway safety upgrade
Higher share of public capex required to go to safety fund
2 mins
E-commerce policy to boost exports, streamline regulation
DPIIT policy to be aligned with rules of consumer affairs dept
2 mins
₹1.4 trn raised, up 44% on year
Mining key driver again; roads, power fare well too
2 mins
Cafe Coffee Day cuts store count by 73% in five years
A LOT HAS happened at the Cafe Coffee Day (CCD) since its founder VG Siddhartha tragically passed away on July 29, 2019. Once India's largest cafe chain, with a peak store count of 1,752 outlets in FY19, the company, part of Coffee Day Enterprises (CDEL), has now slashed its footprint by over two-thirds to 469 outlets in FY23, its latest results show.
2 mins
Airbus heads towards 500-jet IndiGo order
AIRBUS IS CLOSING towards a potentially record deal to sell 500 narrow-body A320-family jets to India's largest carrier IndiGo, industry sources said on Sunday.
1 min
Prices of base metals slip in last 12 months
THE PRICES OF base metals lost their shine over the past year as supplies recovered after earlier disruptions and rising input costs and increased availability of raw materials also played their part.
3 mins
Emami on look out for good acquisitions
FMCG MAKER EMAMI is on the look out for more good acquisitions as well as strategic investment opportunities in start-ups ecosystem to grow its business.
2 mins
QSRs, apparel firms feel retail pinch
FAST-FOOD CHAINS and apparel firms are feeling the pressure of a discretionary slowdown. However, few are cutting down on store additions as many bank on a comeback in discretionary spending in the second half of FY24.
2 mins
Apollo Hospitals: Boost to pharmacy network expansion
1,000+ offline pharmacy stores added in FY23
2 mins
Long-duration funds strong despite rate hikes
DEBT MUTUAL FUNDS (MFs) have taken centre stage since the removal of indexation benefit earlier this year.
2 mins
Adani Ports: Rebuilding momentum
Leveraging logistics business expansion to achieve 13-17% growth
2 mins
Midcaps in sweet spot as valuations fall
MIDCAPS HAVE BEEN on a good run of late, with the BSE MidCap index hitting an all-time high last week.
2 mins
Arbitrage funds are back in favour
Market volatility and decent post-tax returns make them attractive
3 mins
There is no luxury without sustainability
It's time to flip the switch towards EVS, recycling, net zero
2 mins
Tightening the noose
ASCI's guidelines for education sector will help curtail tall claims
2 mins
Breaking Free From Passwords
It uses biometric data safeguarded by cryptographic protocols
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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