FE Bureau

Articles By FE Bureau

21823 Articles

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

IL&FS case: Deloitte moves Bombay HC against govt plea in NCLT

Deloitte’s petition is on the same lines as that filed by BSR & Associates.

IL&FS case, Deloitte Haskins & Sells, Bombay High Court, NCLT, BSR & Associates, latest news on IL&FS News

Commercial realty developers may raise Rs 1.5 lakh crore through REITS, says Crisil

Crisil said these assets, with annual lease rentals of around Rs 17,000 crore, represent around 30% of Grade A properties across major micro markets in the country.

Commercial realty developers, REIT, BSE Realty index, PE investment, Embassy Office Parks REIT, REIT Opportunity News

Natural gas price cut to hurt ONGC earnings by Rs 1,460 crore: Moody’s

On September 30, the government cut domestic natural gas prices by 12.5% to $3.23 per million British thermal units (mmBtu) — the first reduction in gas prices in the country since April 2017.

Natural gas price cut, ONGC, Moodys, Indraprastha Gas, reduction in gas prices, domestic natural gas prices News

SpiceJet set to become second-largest domestic career in terms of fleet size

National carrier Air India currently has 127 aircraft behind IndiGo which operates with a fleet of 243 planes.

SpiceJet, Boeing 737-8 Max, IndiGo, Jet Airways, B737 Max aircraft, DGCA, Boeing, Max aircraft News

No pressure to merge, says Yes Bank CEO Ravneet Gill

Ravneet Gill, CEO of Yes Bank, said the bank was absolutely liquid and that the recent share price movement should not be looked upon as a proxy of the bank’s health.

Yes Bank, Yes Bank CEO Ravneet Gill, Ravneet Gill, QIB, Yes Bank shares News

Varanium Cap announces first close of its VC fund

Aparajit Bhandarkar, managing partner — Venture Capital at Varanium, told FE that the fintech space, where the fund intends to make investments, may include verticals like payments, lending, wealth management, insurance tec

Varanium Cap, Varanium NexGen, Venture Capital,  Varanium AMC, Mohandas Pai News

Sensex loses for fourth successive session

India markets, too, remained weak for both domestic and global concerns.

Sensex, Nifty50, NSE, BSE Metal Index, FPI, BSE Telecom, corporate tax rate News

Know who is the inspiration of The Glitch co-founder Rohit Raj

The Messy Middle. The book talks about the middle stages of every start-up, the troubles it goes through, and how crossing that hurdle is important yet tricky

The Glitch co-founder Rohit Raj, Ronnie Screwvala, take 5 News

Around the world: From forever 21 files for bankruptcy to Ikea’s sale surge online

The chain will be shutting 300-350 stores as part of its global business overhaul.

Around the world, Forever 21, Forever 21 bankruptcy, Ikea, Ikea sales News