Financial Express Mumbai - March 15, 2024
Financial Express Mumbai - March 15, 2024
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March 15, 2024
Paramount to exit Viacom18, sell stake to RIL for ₹4,286 cr
MUKESH AMBANI-LED RELIANCE Industries (RIL) has agreed to buy Paramount Global's entire 13.01% stake in entertainment network Viacom18 Media for ₹4,286 crore, it said on Thursday.
1 min
Third-party UPI app nod to Paytm
THE NATIONAL PAYMENTS Corporation of India (NPCI) has granted approval to Paytm parent One97 Communications to participate in the unified payments interface (UPI) as a third-party application provider (TPAP) under the multi-bank model.
1 min
RCap lenders' deadline not tenable, says Hinduja Group
THE HINDUJA GROUP has rejected lenders' demand to implement the resolution plan for Reliance Capital (RCap) by March 31, including the release of payment, saying that it is not \"tenable\".
1 min
Lottery king leads the list of electoral bond purchasers
BJP gets the most donations, followed by TMC, Congress
2 mins
Sync Assembly terms with LS polls: Panel
One nation, one election committee submits report
4 mins
Census, economic data overhaul in the works
THE CENTRE IS planning a number of steps to improve the quality of the country's economic data, including kicking off the long-delayed population census, according to people familiar with the matter.
2 mins
FY24 capex loans to states overshoot RE
THE CENTRE'S LIBERAL capital expenditure loans stood at ₹1.09 trillion, or 104% of the FY24 revised estimate (RE), thanks to the last-minute rush by some states to benefit from the scheme.
1 min
Fitch sees India's FY25 GDP growth at 7%
FITCH RATINGS HAS projected India's economy to grow at 7.8% in FY24, 20 bps higher than the National Statistical Office's (NSO) second advance estimate, on account of strong \"domestic demand\".
1 min
Govt not to meddle in ISMC-Tower dispute, says Chandrasekhar
WITH TOWER SEMICONDUCTOR's $11-billion fab project being next in the line for approval, the government has said that it will not interfere in any ongoing legal tussle between the company and its former joint venture partner ISMC.
1 min
Zee fund probe: Subhash Chandra suppressed facts, Sebi tells SAT
THE SECURITIES AND Exchange Board of India (Sebi) has accused Zee chairman emeritus Subhash Chandra of \"suppressing material facts\" in the alleged fund diversion case being probed by the markets regulator.
1 min
Premiumisation, 5G focus will boost revenue growth: Samsung
Even if shipments fall, higher average selling price will compensate
2 mins
Centre clears transfer of iconic AI building
THE CENTRE HAS given the green light for the sale of the iconic Air India building at Nariman Point in Mumbai to the Maharashtra government for an estimated price of ₹1,601 crore.
1 min
RBI buys 8.7 tonne of gold in Jan, highest in nearly 2 years
THE RESERVE BANK of India (RBI) bought 8.7 tonne of gold in January, making it the largest purchase by the central bank since July 2022.
2 mins
IPO flops rise on valuation risks in small-caps
MOST INITIAL SHARES sales flopped on their debut this week as equity markets crashed on concerns about froth in small caps.
1 min
Investors challenge Nestle over healthy food targets
NESTLE IS FACING a formal demand from some shareholders, including Legal & General Investment Management, to significantly improve the amount of healthy food the Swiss consumer group sells.
2 mins
US Steel should stay American owned: Biden
PRESIDENT JOE BIDEN said United States Steel should retain American ownership, coming out against a takeover by Japan's NipponSteel despite the risk of upsetting a key ally.
1 min
RBI action boosts data privacy for card users
THE RECENT AMENDMENTS by the Reserve Bank of India (RBI) to the guidelines on debit and credit card issuances will boost customers' data privacy.
2 mins
Simultaneous polls: Oppn raises concerns about federalism
Of 32 parties in favour, 26 are from NDA; of 15 opposed, 10 are from INDIA
2 mins
Trump's re-election may be less negative for Indian students
Four years of Trump presidency was the worst period” for global students
3 mins
Behind Mumbai's 42nd Ranji title: Songs, dance and 15-day Alur camp
MUMBAI'S 42ND TITLE was not made in a day. It was the result of meticulous planning, strategising and hard work over the last ten months.
3 mins
Financial Express Mumbai Newspaper Description:
Verlag: The Indian Express Ltd.
Kategorie: Newspaper
Sprache: English
Häufigkeit: Daily
The Financial Express brings the latest and breaking business news from Markets and Industries in India.
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