Financial Express Mumbai - March 18, 2024
Financial Express Mumbai - March 18, 2024
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In this issue
March 18, 2024
Consumer firms pin hopes on hotter summer for sales boost
AFTER TEPID SALES in the last two summer seasons, makers of beverages, ice creams, air conditioners and coolers are anticipating strong demand for their products this year as mercury levels rise.
2 mins
India's share swells in phone exports to US
INDIA HAS QUADRUPLED its share in smartphone exports to the US, while that of China and Vietnam, the top two exporters of the devices to the world's largest economy, has declined.
1 min
Fresh poll bond data shed light on pre-2019 mop-up
A DAY BEFORE the Supreme Court hears the State Bank of India's response regarding its failure to disclose the unique alphanumeric code for matching electoral bond donors to political parties, the Election Commission of India (EC) lifted another veil of secrecy over political funding on Sunday.
3 mins
Adani looks to invest ₹1.2 trillion in FY25
Capex target 40% higher than FY24 investment
1 min
Donor No. 1 gave 40% of its total bonds to DMK
THE BIGGEST PURCHASER of electoral bonds, lottery company Future Gaming and Hotel Services Pvt Ltd, which bought bonds worth over ₹1,300 crore between 2019 and 2024, donated almost 40% of its total purchases to the DMK, the ruling party in Tamil Nadu.
1 min
Three Months Before 2019 LS Polls, BJP Got ₹3,030 Cr
Amount was 77% of its year’s total count, show latest data
1 min
PM Modi may visit Startup Mahakumbh
PRIME MINISTER NARENDRA Modi may visit Startup Mahakumbh, a startup event starting on Monday, which is being held at a much larger scale, a senior government official said on Sunday.
1 min
Flipkart Valuation Slides By Over ₹41k Cr In 2 Years
E-COMMERCE FIRM FLIPKART'S valuation has declined by $5 billion or around ₹41,000 crore as of January 2024, compared to that in January 2022, according to equity transactions carried out by its US-based parent firm Walmart.
2 mins
Biden Campaign Raises $53-mn In February
US president Joe Biden raised more than $53 million for his re-election campaign and the Democratic Party in February, a record amount for the month.
1 min
Putin tightens grip; thousands protest
RUSSIA PRESIDENT VLADIMIR Putin is poised to tighten his grip on power on Sunday in a Russian election that is certain to deliver him a landslide victory, though some opponents staged a symbolic noon protest at polling stations against his rule.
1 min
Canara Bank stays bullish on gold loans
The lender, with the biggest portfolio amid all PSBs, targets a double-digit growth
2 mins
Use sectoral funds as long-term tactical plays to manage risks
Potential for high returns, but also higher risks due to focused exposure
2 mins
On the fast track
How quick commerce firms are tackling the profitability challenge
2 mins
How Addverb Is Building A Robotic Workforce
The firm has eliminated’ dull and dangerous jobs by automating them
2 mins
Analysing data: How predictive AI models is taking centre stage
A VOLCANO IN Iceland erupted on Saturday for the fourth time since December, the Icelandic Meteorological Office said, spewing smoke and molten lava into the air.
2 mins
How Prakash Padukone helped Lakshya Sen reach peak fitness
LAKSHYA SEN WAS returning from the US Open last April, but was so beat up and knackered from two weeks of tournament play, that he struggled to lug his own kitbag through the airport on his slouching, hurting shoulders.
2 mins
Bengaluru water crisis presents a pressing challenge
THE WATER CRISIS in Bengaluru presents a pressing challenge exacerbated by rapid urbanisation and population growth, and the city described as 'Silicon Valley of India,' will need to take interim as well as long term measures including mandatory water harvesting and groundwater recharging to overcome the crisis, says the industry.
1 min
Fill it, Shut it, Don't forget it
FIVE YEARS AGO, three out of every five motorcycles sold in India were budget bikes.
3 mins
Financial Express Mumbai Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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