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Financial Express Pune

Half of those in private sector lack retirement plans: Survey

ROUGHLY HALF of India's salaried workforce in the private sector contribute little for their retirement benefits, while the other half earmark 1-10% of their salaries for these, according to a survey.

1 min  |

June 04, 2025

Financial Express Pune

Tesla India leases 24,000 sq ft warehousing space in Mumbai

READY TO RIDE

1 min  |

June 04, 2025

Financial Express Pune

Trump tariffs forecast to hurt global growth

DONALD TRUMP'S COMBATIVE trade policies have tipped the world economy into a downturn, with the US among the hardest hit, the OECD said.

1 min  |

June 04, 2025

Financial Express Pune

Adani Evaluating Bids for Airport Ground Services After Celebi Exit

THE ADANI GROUP is considering bidding for ground handling services at two airports, as it looks to diversify into a new line of business after India shut out Turkish operator Celebi.

1 min  |

June 04, 2025

Financial Express Pune

Aakash in NCLT to Implead EY

IN AN IMPLEADMENT application filed before the National Company Law Tribunal (NCLT), Bengaluru, on June 1, Aakash Educational Services (AESL) has requested the tribunal to either dismiss the petition filed by Byju's under Sections 241 and 242 of the Companies Act, alleging oppression and mismanagement, or include Ernst & Young (EY) LLP and its partner Ajay Shah as respondents in the case.

2 min  |

June 04, 2025

Financial Express Pune

Analysts See AGR Relief, Funding as Key Factors for Vi

Vodafone Idea may get relief from the government for its adjusted gross revenue (AGR) dues in the form of a further two-year deferral since the government has ruled out any further equity conversion, according to analysts.

1 min  |

June 04, 2025

Financial Express Pune

8 Startups to Reverse Flip in '25: Bay Capital

AFTER THE 'GHAR waapsi' of Tiger Global-backed Dream11 from Delaware in March, at least eight more reverse flippings are awaited this year, said Bay Capital in a white paper on India startups, published on Tuesday.

1 min  |

June 04, 2025

Financial Express Pune

Staff protest: ONGC says losing money in Assam

ONGC ON TUESDAY said it is losing money in Assam because of low production and high employee headcount, as it countered allegations of protesting employees over stoppage of contentious overtime payment.

1 min  |

June 04, 2025

Financial Express Pune

Morgan Stanley Sees Top Q-Comm Firms Co-Existing

HIGH-GROWTH AREA

1 min  |

June 04, 2025

Financial Express Pune

30-40% correction in small & midcaps inevitable

Portfolio management services providers, Marcellus Investment Managers saw its assets under management drop 64%—from ₹12,700 crore to ₹4,700 crore—in three years.

3 min  |

June 04, 2025

Financial Express Pune

Havas targets Madison

SOURCES IN THE know say that the Havas Group may look at a few options including picking up a minority stake of around 35-40% in Madison before gradually increasing its stake in two to three years.

1 min  |

June 04, 2025

Financial Express Pune

Rupee likely to face near-term pressure

Besides rate-cut probability, global headwinds to keep investors on their toes

2 min  |

June 04, 2025

Financial Express Pune

Nestle India lines up ₹5,000-cr capex plan

To meet the growing demand for its products, Nestle India will invest around ₹5,000 crore in the country in coming years, it said in its annual report for FY25 released on Tuesday.

1 min  |

June 04, 2025

Financial Express Pune

More Indians seeking new roles without job-hopping

JOB SWITCHES DIP, PAY TALKS FLIP

2 min  |

June 04, 2025

Financial Express Pune

Euro zone inflation falls below target to 1.9%

LONG-DATED EURO zone government bond yields fell on Tuesday, as slowing euro zone inflation buoyed expectations for a European Central Bank rate cut this week, while a strong Japanese auction earlier lifted sentiment across big bond markets.

1 min  |

June 04, 2025

Financial Express Pune

Take enforcement actions to logical end, FM tells DRI

She also asked revenue intelligence officials to tackle the rising menace of drug peddlers targeting students

1 min  |

June 04, 2025

Financial Express Pune

India Raises US Tariffs on Auto

THE TARIFF COULD disrupt supply chains and dent revenues of auto parts manufacturers.

1 min  |

June 04, 2025

Financial Express Pune

India & EU aiming for full-scale FTA in weekstariffs on auto parts

THE INDIA-EU trade deal has 23 chapters and all of them barring one or two at the periphery of trade may be kept out, the official quoted above said.

2 min  |

June 04, 2025

Financial Express Pune

South Korea's Opposition Leader Lee Wins Election

LEE JAE-MYUNG, WHO rose from childhood poverty to become South Korea's leading liberal politician, vowing to fight inequality and corruption, was elected president Wednesday in an election that closed one of the most turbulent chapters in the nation's young democracy.

1 min  |

June 04, 2025

Financial Express Pune

MGNREGS: Bengal's loss is TN, UP, Bihar's gain

Release of funds to Bengal has ceased since 2022

1 min  |

June 04, 2025

Financial Express Pune

Airy-fairy idea

Open skies work when both sides can fly equally, but with the Gulf, the playing field is inherently tilted

2 min  |

June 04, 2025

Financial Express Pune

CCI Allows Warburg Pincus to Buy Up to 10% in IDFC First

The Competition Commission of India (CCI) on Tuesday approved private equity major Warburg Pincus' proposal to acquire a 9.99% stake in private sector lender IDFC First Bank.

1 min  |

June 04, 2025

Financial Express Pune

Credit Bureaus Seek RBI Nod

A senior banker said it's primarily to do with inaccurate reporting, which involves correlating data using a broader range of fields, thereby moving beyond the limitation of the current data set.

1 min  |

June 04, 2025

Financial Express Pune

Dixon Seeks Tie-Up With China's HKC

NOIDA-BASED Dixon Technologies is seeking an alliance with Chinese company HKC for its display module manufacturing unit that will cater to smartphones, laptops and televisions, company's chairman Sunil Vachani said in Paris on Tuesday.

1 min  |

June 04, 2025

Financial Express Pune

Adani Group stocks tank, Adani Ports declines 2.4%

SHARES OF THE Adani Group companies ended lower on Tuesday, with Adani Ports, NDTV and Adani Energy falling over 2% each, after a Wall Street Journal (WSJ) report said US prosecutors were investigating if group companies imported Iranian LPG into India through the Mundra port in Gujarat.

1 min  |

June 04, 2025

Financial Express Pune

Pakistan folded up in 8 hours: CDS

CHIEF OF DEFENCE Staff General Anil Chauhan said Tuesday that Pakistan wanted to bring India \"to its knees in 48 hours\" with Operation Bunyan al-Marsoos on May 10, but the attacks \"folded up in 8 hours\" after which Pakistan \"picked up the telephone and said they wanted to talk\".

2 min  |

June 04, 2025

Financial Express Pune

Toyota to Take Key Supplier Private in $33 Billion Deal

TOYOTA MOTOR WILL take forklift-maker Toyota Industries private in a $33 billion deal, the companies said on Tuesday, a landmark unwinding of cross-shareholding that is likely to strengthen the influence of the group's founding Toyoda family.

1 min  |

June 04, 2025

Financial Express Pune

Investment in ITC a strategic one: BAT

BRITISH AMERICAN TOBACCO (BAT) views its investment in ITC as a strategic one, chief executive Tadeu Marroca said in an investor call on Tuesday, days after paring its 25.4% stake in the company.

2 min  |

June 04, 2025

Financial Express Pune

BluSmart, Gensol Face NCLT Heat Over Three Fresh Insolvency Pleas

SOLAR MANUFACTURER GENSOL Engineering and electric vehicle ride-hailing platform BluSmart Mobility were issued notices by the National Company Law Tribunal (NCLT) on Tuesday in connection with three fresh insolvency petitions filed by financial creditors Spectrum Trimpex, Catalyst Trusteeship, and Equentia Financial Services over alleged outstanding dues.

1 min  |

June 04, 2025

Financial Express Pune

When 'Indian' Wins a Michelin Star

A Great Time to Build Our Own Fine Dining

2 min  |

June 04, 2025
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