FE Bureau

Articles By FE Bureau

21751 Articles

Repaying debt: Over 90 per cent of promoter stake in Zee pledged

Entire stake might be sold to repay debt: CEO Punit Goenka

Punit Goenka, CEO of Zee Entertainment Enterprises, ZEEL, Essel Media Ventures Limited, Essel Group, Subhash Chandra, shares of ZEEL News

Toyota floats VRS for Karnataka plant workers

The scheme, which is for workers at the Bidadi plant in Karnataka with over five years of experience, was laid out on September 23 and would run up to October 22, 2019.

Toyota to keep selling diesel models in India as it expects demand to continue News

Ashok Leyland announces further production cuts

The segment that took the worst hit was the medium and heavy commercial vehicles, which saw sales of 4,035 units last month, against 13,056 units in the year-ago period, clocking a sharp fall of 69%.

Car News

Bosch to suspend production for up to 10 days per month at powertrain plants in Q3

In August, the company had temporarily halted production at its two plants separately for a total of 13 days to avoid piling up of inventory.

Bosch india, Bosch tamil nadu, Bosch maharashtra, Bosch manufacturing, Bosch revenue, Bosch annual report, Bosch Gangaikondan plant, Bosch plant in india, Bosch Nashik, Bosch production, German auto companies, German auto parts News

Tata Motors bags contract for 300 e-buses

The Mumbai-based automaker had delivered over 200 electric buses under the phase one of the faster adoption and manufacturing of hybrid & electric vehicles in India (FAME India) scheme.

Car News

Hyundai Elantra facelift arrives in India: More fluidic and more advanced

Unlike the previous generation model, the new Elantra looks sportier and grander.

Car News

All-electric Volvo XC40 SUV: Doing more with less

Electric cars no longer need tailpipes or a large grille for cooling purposes, while the removal of an internal combustion engine creates extra room for even more storage space under the front hood.

Car News

Decline in service revenue adding to automotive dealers’ woes

The decline is greatest among after-sales customers who are 39 years or older, whose spend declined 17% year over year.

Car News

Monetary policy: RBI cuts repo rate by 25 bps

Central bank lowers its growth forecast for 2019-20 by a sharp 80 basis points to 6.1%

Monetary policy, RBI cuts repo rate, tax collections, corporation tax, Shaktikanta Das, fiscal deficit, Credit Suisse, Axis Bank  News

New e-commerce policy to be good and sound, says DPIIT Secretary

Speaking at the Indian Economic Summit, department for promotion of industry and internal trade (DPIIT) secretary Guruprasad Mohapatra said, "We are working on a new policy which is more comprehensive.... But I can assure tha

e-commerce policy, Wilbur Ross, DPIIT Secretary, DPIIT, FDI rules in e-commerce, Amazon India News

INX case: Supreme Court seeks CBI’s response on P Chidambaram’s plea

Chidambaram, who is lodged in Tihar jail, has challenged the September 30 verdict of the HC which denied him bail in the case.

INX case, P Chidambaram, Supreme Court, CBI, INX Media case, Tihar jail, Indrani, Peter Mukherjea News

Advent International acquires Enamor for Rs 320 crore

The transaction is Advent’s eighth investment in India in the past four years and its fourth in the consumer goods sector

Advent International, Enamor, Faering Capital, DFM Foods, Aditya Birla Group, QuEST News

Andhra Pradesh’s shrimp farmers join Walmart’s blockchain pilot for exports to US

Walmart has collaborated with IBM on the use of blockchain technology to enhance global food traceability since 2017.

Andhra Pradesh, Walmart, Stanley Pearlman Enterprises, IBM Food Trust, blockchain technology, IBM Food Trust News

Won’t let cooperative bank to collapse: RBI Governor Shaktikanta Das

Das termed the crisis at PMC Bank as just ‘one incidence’ and assured ‘there is no reason for any unnecessary panic’

Shaktikanta Das, Reserve Bank of India governor, PMC Bank collapse, cooperative bank, NCLT, HDIL, Monetary Policy Committee, indian banking sector News

Maharashtra: Farmer bodies threaten to stop onion auctions at Nashik

As a result, onion prices fell 25-30% in a week in wholesale markets of Maharashtra to trade at an average price of Rs 2,700 per quintal.

Maharashtra, Farmer body Shetkari Sanghatana, onion auctions, onion wholesalers, onion stock limits News

Tata Motors to foray into personal EV space with Nexon

Priced between Rs 15 lakh to Rs 17 lakh, the vehicle will target a range of about 300 km on a full charge.

Car News

Hero Electric partners with CSC E-governance Services

The CSC E-Governance will provide these electric vehicles to the residents of these areas, under the partnership, through their own CSC channels, enabling them to access and adapt to smarter and green mobility solutions.

Bike News

BPCL privatisation to prompt downgrade, says Moody’s

Currently, the agency’s rating for BPCL is Baa2 and this takes into consideration “the high likelihood of extraordinary support from the government” that corresponds to two notches of uplift in the rating.

BPCL, Moodys Investors Service, PSU, BPCL stock, Sale of BPC stake, credit risk News

No reason not to have a limited trade deal with India: US commerce secretary Wilbur Ross

US commerce secretary asks India to have ‘balanced e-commerce policy’; Goyal says e-tail platforms not for predatory pricing

Wilbur Ross,  Amazon, Walmart, Piyush Goyal, Flipkart, India Economic Summit, World Economic Forum, ICT products News

Bond markets worried: 10-year yield up 24 bps since August

The bond markets are worried there could be a fiscal slippage on account of the loss in revenues from a shortfall in tax collections.

Bond markets, shortfall in tax collections, tax collections News

‘GST revenue decline cyclical, rate cuts not to be blamed’

Sources said GST revenue grew 14% during Novermber18–March19 period, which was after substantial rate cuts had been made.

GST revenue, Kerala finance minister, Thomas Isaac, GST rate for lottery, GST collection, GST administration News

PSU disinvestment: Modi govt amends process for strategic sale

From now on, the DIPAM and the NITI Aayog will jointly identify PSUs for strategic disinvestment.

DIPAM, NITI Aayog, PSU, NEEPCO, BPCL,  Air India, DIPAM secretary, Shipping Corporation News

FPIs oppose proposed data protection norms

The Sections 40 and 41 of the Personal Data Protection Bill (PDPB) outline restrictions and requirements regarding location and transfer of personal and sensitive personal data.

FPI, financial data, PDPB, Ministry of Electronics and IT, ASIFMA, Goldman Sachs News

Government launches Prakash portal to improve coal supply to power plants

Apart from mapping coal stocks in mines, the portal will also help stakeholders monitor the movement of railway rakes and coal availability at power plants. In line with the government's predisposition for acronyms, Prakash s

Prakash portal, power plants, coal supply to power plants, Pralhad Joshi, RK Singh, Coal production News

Core philosophy of Digital India embedded in Gandhian values: Ravi Shankar Prasad

Glittering in its tri-colour splendour, the Digital Charkha is an amalgamation of the traditional design with a digital spin.

Digital India, Gandhian values, Ravi Shankar Prasad , Ravi Shankar Prasad, Digital Charkha, Ministry of Electronics and IT, e-governance services News

INX Media case: P Chidambaram moves Supreme Court against denial of bail by Delhi HC

A bench led by justice Bhanumati will hear the appeal. Chidambaram, who is lodged in Tihar jail in the case, in his appeal stated that “bail is the rule, jail is the exception” and courts should frown upon the attempt of

INX Media case, P Chidambaram, Supreme Court, Delhi High Court, Tihar jail, Peter Mukherjea News

FE Best Bank Award 2019: FM Nirmala Sitharaman honours achievers at glittering ceremony

The Lifetime Achievement award for 2017-18 was won by Romesh Sobti, MD & CEO, IndusInd Bank.

FE Best Bank Award 2019, Nirmala Sitharaman, Romesh Sobti, IndusInd Bank, India Inc, Viveck Goenka, The Indian Express Group,  News