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    1. Business News
    2. Authors
    3. fe bureau

    FE Bureau

    windfall tax, taxes, crude oil, economy
    Windfall tax on crude oil cut to Rs 5,700 per tonne

    Windfall tax is reviewed every fortnight on the basis of oil prices and fuel margins in the international market.

    By FE Bureau
    May 17, 2024 00:45 IST
    rbi, vrr auction, reserve bank of india, banking
    RBI to conduct Rs 1.25 trillion 14-day VRR auction today

    The liquidity in the banking system is in deficit of around Rs 1.2 trillion, as per RBI’s latest data.

    By FE Bureau
    May 17, 2024 00:15 IST
    sebi
    Sebi eases KYC compliance norms for MF investors

    Investors can obtain the “KYC-registered” status by simply completing KYC with other Officially Valid Documents (OVDs) such as Aadhaar, passport,…

    By FE Bureau
    May 16, 2024 01:45 IST
    pfc, power finance corporation, pfc q4 profit, industry
    Power Finance Corporation’s Q4 profit grows 23% to Rs 7,556 crore

    The net interest income, which is the difference between interest earned and interest expended rose to Rs 15,627 in 2023-24…

    By FE Bureau
    May 16, 2024 00:15 IST
    infrastructure, highways, roadways, nirmala sitharaman, finance minister nirmala sitharaman
    Better roads likely saving Rs 2.4-4.8 trillion in logistics costs annually: FM

    Since 2014, there has been a 500% increase in the road transport and highway budget allocation, she said.

    By FE Bureau
    May 16, 2024 00:05 IST
    Facebook and Instagram are also being investigated for potential breaches of EU online content rules relating to child safety, which could lead to hefty fines, the EC said on May 16.
    Amazon infuses Rs 1,660 crore into India arm

    This is the second time in five months that Amazon has pumped money into its Indian arm, as competition in…

    By FE Bureau
    Updated: May 15, 2024 15:00 IST
    HDFC Bank
    HDFC Bank’s tech spends at 5-7% of total expenses

    Around 50% of the bank’s technology spends are on core banking infrastructure, and the rest on employee cost. 

    By FE Bureau
    May 15, 2024 04:40 IST
    IPO 
    Hexaware picks five i-banks for $1-bn IPO 

    According to media reports, the  company, promoted by US private equity giant Carlyle, is being valued at approximately $4 billion. 

    By FE Bureau
    May 15, 2024 03:45 IST
    Ikea
    Ikea India ties up with Rhenus for warehouse in Gurugram

    Vivek Arya, regional CEO, Rhenus India said that the new warehousing project in India is a step towards a more…

    By FE Bureau
    May 15, 2024 01:30 IST
    In AI, we are accelerating our investments and innovation focus leading to over 61 patents being filed so far, Amit Chadha, MD & CEO, L&T Technology Services, said.
    GCC expansion, AI advancements to lead tech hiring in FY25: Quess Corp

    The report, Annual Digital Skills Report FY24, showed that 66% of the demand for technology skills in India is concentrated…

    By FE Bureau
    Updated: May 14, 2024 08:17 IST
    TCS
    TCS to set up human-centric AI Center of Excellence in France

    The creation of the CoE was announced during the “Choose France Summit”, hosted by French President Emmanuel Macron.

    By FE Bureau
    Updated: May 14, 2024 08:02 IST
    jobs, budget 2024
    514 million person-years employment generated during 2014-24: SKOCH

    At least 51.4 million person-years of employment on an average every year has been generated since 2014, said the SKOCH…

    By FE Bureau
    Updated: May 14, 2024 07:50 IST
    broadband, money, Rupee
    India needs Rs 4.2 trillion investment for broadband push

    The same assumes significance as the country, especially the rural areas, lag in fixed or wired broadband penetration compared to…

    By FE Bureau
    May 14, 2024 04:05 IST
    Piramal Alternatives invests Rs 600 cr in Annapurna Finance

    While the deal specifics were not disclosed, sources close to the development said the company has picked up a 9.85% …

    By FE Bureau
    May 14, 2024 03:25 IST
    Aditya Birla Capital, Aditya Birla Finance, merger, amalgamation, RBI, NBFC
    Aditya Birla Capital profit up 33% on strong loan growth

    The lending portfolio rose 31% y-o-y to Rs 1.2 trillion as on March 31, aided by a strong momentum across…

    By FE Bureau
    May 14, 2024 03:20 IST
    blinkit, zomato,
    Blinkit to focus on top 8 cities for dark stores

    Increasing store penetration in these eight cities will boost the segment’s gross order value by nearly 4 times, the company…

    By FE Bureau
    May 14, 2024 02:50 IST
    Paytm, Adani Group, Gautam Adani, One 97 Communications, acquisition, payment firm
    Paytm to focus on UPI Lite wallet for low-value transactions

    The company’s announcement comes months after the Reserve Bank of India(RBI) directed its associate entity Paytm Payments Bank to halt…

    By FE Bureau
    May 14, 2024 02:35 IST
    Modi
    BJP’s fiscal management better, Congress hid reality: Sitharaman

    In the interim budget, the Modi-led BJP government has projected a further reduction in fiscal deficit to 5.1% of GDP…

    By FE Bureau
    May 14, 2024 02:20 IST
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    Latest News

    Nafed to launch e-auction portal for selling agri-commodities

    Nafed to launch e-auction portal for selling agri-commodities

    India's Sugar Production Poised for 18% Surge in 2025-26, Eyes Exports & Ethanol Boost. (Image Source: Reuters)

    Sugar production seen up 16%

    How long should you continue SIPs? The 10-year rule that builds real wealth

    How long should you continue SIP?

    Lenskart IPO subscribed 28.26 times on final day

    Lenskart IPO subscribed 28.26 times on final day

    Happy Guru Nanak Jayanti 2025

    Happy Guru Nanak Jayanti 2025: 100+ Wishes, Inspirational Quotes, and Messages to share on Guru Purab

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