FE Bureau

Articles By FE Bureau

22956 Articles

Customers in Delhi-NCR can now buy Hyundai cars like Grand i10 Nios, Creta and more online, here’s how

Hyundai Motor India will be the second manufacturer after Maruti Suzuki to offer the entire car buying process at the customers’ door step.

Car News

China’s Great Wall Motors to buy GM India’s last plant: India launch at Auto Expo 2020

China’s biggest SUV maker, GWM will officially debut its Haval brand and electric vehicles at the upcoming Auto Expo and launch its Indian market plan.

Car News

RIL posts record high of Rs 11,640 cr, beats estimates to post 13.5% hike in Q3 2019

RIL’s consolidated other income for the third quarter stood at Rs 3,645 crore which forms about 31% of its net income for the quarter.

ril, reliance industries News

Reliance Jio Q3 profit rises 36.4% to Rs 1,350 crore in December quarter

Average revenue per user in Q3 rose to Rs 128 compared with Rs 127 in the previous quarter.

reliance, reliance jio News

Franklin MF marks down its entire Vodafone Idea investments to zero

Even as the rating on the debt instruments of Vodafone Idea remain above investment grade, Franklin MF marked down its investments as the current situation remains unclear.

vodafone, vodafone idea News

Jeff Bezos says Amazon to create 1 million jobs in India by 2025

Govt welcomes investments that come under e-comm laws in India, says Union minister Piyush Goyal.

amazon, jeff bezoz News

Revenue dept sets monthly GST target of Rs 1.18L cr in Q4, to clamp down on fraudulent input tax credit to achieve goal

In the previous review meeting in mid-December last year, revenue department had put GST collection target at Rs 1.14 lakh crore per month.

gst, gst collection News

Paytm eyes aggressive expansion in Gujarat, aims to double merchants onboard by FY21 end

The company's recent initiative of All-in-one QR across the country would held to achieve the target of doubling merchant base in the state.

paytm, gujarat News

IUC Boost: Reliance Jio net profit up 36.4% in December quarter

Average revenue per user in Q3 rose to Rs 128 compared with Rs 127 in the previous quarter.

reliance, reliance jio News

Reliance Retail revenues cross Rs 45,000-crore mark, margins grow 110 bps

Operating income for the December quarter stands at Rs 2,727 crore, up 62.3%.

reliance, reliance retail News

Liberty House: NCLAT asks to file affidavit by January 20

The National Company Law Appellate Tribunal (NCLAT) on Friday asked the UK-based Liberty House to file a revised affidavit by January 20.

nclt, nclat News

Operational efficiencies, margin expansion aid TCS numbers in Q3

In terms of growth metrics, rival Infosys continued to do better in the quarter-ended December, registering a 9.5% growth year-on-year.

tcs, it sector News

Food delivery app Zomato raises Rs 354 crore in fresh funding from Antfin Singapore

Zomato has raised $50 million (Rs 353.58 crore) in fresh funding from Antfin Singapore, according to the company's filings sourced from business intelligence platform Tofler.

zomato, food delivery app zomato News

Piramal sells DRG business to Clarivate Analytics for $950 million

PEL will use the money to reduce debt and to explore organic and inorganic growth opportunities.

ajay piramal, piramal enterprises News

DHFL CoC to vote on selling company in three parts

The committee of creditors held the meeting to discuss the criteria for potential bidders for the beleaguered NBFC.

dhfl, committee of creditors News

ICICI Lombard Q3 net profit rises 23%

In terms of product mix, motor insurance, which includes mother third party and motor own damage, was at 50% for the nine months of FY20.

Industry News

Norms for rights issues of REITs, InvITs announced

The minimum subscription to be received in the rights issue should be 90% of the issue size through the letter of offer.

sebi, reit News

Not so sweet! Sugar production till January 15 falls by 26% to 10.88 MT

Only 440 sugar mills were in operation as compared to 511 mills in the period ended January 15, 2019

sugar, sugar production News

December vegetable oil imports shrink 7%

The overall imports of vegetable oils during November-December 2019 stood at 2.255 lakh tonne, which was down by 4% against 2.345 lakh tonne recorded a year ago.

oil, vegetable oil News

Gold loan market may touch Rs 4.61 lakh crore by 2022: KPMG

As 2019 saw prices of the precious metal reaching an all-time high, the gold loan companies will be more conservative in their approach towards disbursing loans until prices stabilise.

gold, gold loan News

Shocking crime and conviction data! Kerala, Delhi register highest crime rate

When it comes to the total IPC and SLL crimes’ cognisable rate, Kerala (1463.2) is the state with the most crime rate, followed by the capital Delhi (1342.5).

crime, crime data News

Setback for Telcos on AGR: No relief as SC rejects review plea, asked to pay Rs 4-lakh-crore dues

Telecom operators and non-telecom PSUs together now need to pay over Rs 4-lakh-crore dues within a week.

bharti airtel, airtel News

Battle for AIL boardroom: Will wait for some more time, says Valli Arunachalam

Arunachalam believes that since the majority stake of 91% is held by family members, a shareholders’ meeting could have been called immediately post November board meeting and an approval given for her induction into the bo

Murugappa Group, ail News

Relief to PSU bankers and PFI staff, CVC extends safety net

In the latest order, the CVC has also renamed the body as the ‘Advisory Board for Banking and Financial Frauds (ABBFF)’ from the Advisory Board for Banking Frauds, which was formed on August 21, 2019.

banks, psu banks News

Belgium court appoints interim directors to evaluate CG Power arms

CG Power and Industrial Solutions on Thursday said the Commercial Court in Mechelen, Belgium, has appointed two interim directors on the board of its stressed subsidiaries CG Holdings Belgium NV (HBE) and CG Power Systems Bel

cg power, belgium News

NCLAT asks IL&FS board for proceeds distribution formula

Creditors have already expressed reservations over the government’s proposed distribution framework

nclat, il&fs News
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