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FE Bureau

In 2020, announced debt financing came to $8.3 billion, a 6.4% increase year on year.
Corporate funding to solar sector grew 24% globally in 2020: Mercom Capital

Global venture capital and private equity funding in the solar sector in 2020 came to $1.2 billion through 41 deals,…

By FE Bureau
January 16, 2021 03:05 IST
Aggrawal said prices were getting aligned since the demand was slowly returning back to normal after the Covid pandemic.
CCI almost stops procurement as cotton prices rise up to Rs 6,000/quintal

The CCI had originally estimated a purchase of 100-125 lakh bales at the start of the season. Wholesale prices of…

By FE Bureau
January 16, 2021 01:45 IST
I have been making an earnest appeal on several occasions to try and encourage Indian capital to expand their horizon to support start-ups in India particularly at an early stage.
Commerce minister exhorts Indian investors to support start-ups in BIMSTEC region

BIMSTEC or The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation is a grouping of seven countries in…

By FE Bureau
January 16, 2021 01:15 IST
The Sensex slumped 549.49 points, or 1.11%, to finish at 49,034.67.
Weak global cues: Sensex slumps 549 points as investors book profit

The Nifty IT index fell by 2.4% and the major losers were Tech Mahindra, Coforge, HCL Technologies, Wipro and Info…

By FE Bureau
January 16, 2021 01:00 IST
In January last year, the company had raised about $84 million from a clutch of investors at a valuation of over $800 million.
Digit Insurance becomes first unicorn of 2021

Digit claims to have also garnered profits in all three quarters of the current financial year.

By FE Bureau
January 16, 2021 00:45 IST
While criticising the Centre’s farm laws, Isaac increased the base price of natural rubber to Rs 170 per kg,procurement price of paddy to Rs 28 per kg and coconut to Rs 32 per kg.
Kerala budget focuses on infrastructure development, jobs

Finance Minister Thomas Isaac said Kerala is implementing the biggest state-level anti-recession infrastructure package in India of Rs 60,000 crore…

By FE Bureau
January 16, 2021 00:15 IST
stock market performance this week
Benchmarks attain record closing highs on Thursday

TCS topped the Sensex gainer’s chart, spurting 2.89%, followed by IndusInd Bank, L&T, ITC, Reliance Industries, HUL and Sun Pharma.

By FE Bureau
January 15, 2021 08:32 IST
Car registrations vehicle sales
Auto sales rise near 11% in October-December 2020

On sales outlook, Ayukawa said while the industry expected 2021 to be better than 2020, it remained tough to predict…

By FE Bureau
January 15, 2021 08:14 IST
mining and minerals act reforms
Stakeholders, analysts hail mining reforms

Apart from freeing over 500 blocks stuck in legacy issues, the Cabinet is learnt to have also gave the go-ahead…

By FE Bureau
January 15, 2021 08:14 IST
Studying The Gap: Only 32% of Indian homes pay digitally, though 68% have smartphones

At the same time, among people that do pay digitally, the use of payment apps is more widespread than that…

By FE Bureau
January 15, 2021 05:15 IST
narendra modi,union budget 2021
PM Narendra Modi to address star-studded start-up event tomorrow

In a tweet on Thursday, Prime Minister Modi said, “this summit seeks to bring together the top minds from industry,…

By FE Bureau
January 15, 2021 03:00 IST
The Income-tax department also submitted that the number of returns filed this year has already exceeded by about 6% to 5.95 crore as on January 10, 2021, compared with 5.62 crore as on August 31, 2019 (last date of return filing).
Gujarat High Court refuses to extend I-T returns filing date

Due to Covid-19 pandemic, the due dates for filing of return/tax audit have already been extended on three occasions. The…

By FE Bureau
January 15, 2021 02:30 IST
Hiring bouncing back to normal, says Naukri.com survey

While 21% of the recruiters said hiring will resume to pre-Covid-19 levels in under three months, 26% predicted it would…

By FE Bureau
January 15, 2021 01:30 IST
After a gap of six months, power consumption recorded a 4.5 per cent year-on-year growth in September and 11.6 per cent in October.
PFC to raise up to Rs 10,000 crore in two tranches via NCDs

The tranche one issue will have a base size of Rs 500 crore with a greenshoe option to retain oversubscriptions…

By FE Bureau
January 15, 2021 00:15 IST
digital work
Work practices: Digital is the future

The pandemic has accelera-ted adoption of new, digital ways of working practices, says Cognizant survey

By FE Bureau
January 14, 2021 08:31 IST
Mercedes retains top spot in luxury segment; to invest `400 crore in new products, localisation

Mercedes-Benz has seen the demand for SUVs drive growth. The newly launched vehicles such as the GLE and GLs are…

By FE Bureau
January 14, 2021 08:10 IST
Hyundai commences export operations via railways

Hyundai surpassed the three million vehicle export milestone earlier in 2020. The manunfacturer has recorded multiple export milestones in India…

By FE Bureau
January 14, 2021 08:00 IST
For instance, the EU-Vietnam FTA offers footwear manufacturers in Hanoi the biggest gain. Around 40% of exports to the EU in this category faced 30% tariffs, which were reduced to 0% from August 2020.
EIU report: Vietnam rises as an alternative to China, beating India

Vietnam’s incentives for international firms for setting up units to manufacture hi-tech products, pool of low-cost workers and proliferation of…

By FE Bureau
January 14, 2021 06:00 IST
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Why Argentina jersey has become one of FIFA World Cup’s most wanted items

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