Rajesh Kurup - Profile and Journalist Details
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Rajesh Kurup
Verified
Journalist, Financial Express
Mumbai
Beats
Business and Economy
celebrity
Content
By Rajesh Kurup Verified| Financial Express Verified US-based technology consulting company Palguntech, a bidder for Future Retail (FRL), has offered Rs 560 crore to acquire the entire stake and assets of the beleaguered firm.Further, the firm is also ready to take over all the cases pending against FRL promoters from the resolution professional. This is, however, subject to discussions with the Committee of Creditors (CoC) and the share the lenders agree to give to Palguntech, the US company said in a letter to the administrator.
By Rajesh Kurup Verified| Financial Express Verified Tata Steel UK has initiated legal action against an employees’ union, terming a decision to strike as “unilateral” and warned potential early shutdown of operations at the Port Talbot facility.The union, Unite, called for a strike on July 8 in response to Tata Steel’s plans to shut blast furnaces three months earlier than planned. Unite described this move as the latest in a “long line of threats” and asserted that it would not deter them.
By Rajesh Kurup Verified| Financial Express Verified For Indian cement manufacturers, the compass is pointing southward, with UltraTech Cement now charting the course with the acquisition of a 23% stake in Chennai-based India Cements. The Aditya Birla Group company joins the bandwagon of companies such as Adani Cements — the holding company of Ambuja Cement and ACC, and Shree Cement, which had earlier expanded their presence in the south.
Company Info
Financial Express
Financial Express (FE) is a leading English-language business newspaper in India, established in 1961 and part of the Indian Express Group. Based in Noida, Uttar Pradesh, it employs 109 people and generates an estimated annual revenue of $966,000. The digital platform, FinancialExpress.com, launched in 2001, offers real-time business and financial news, analysis, and multimedia content. FE specializes in covering business, financial, and economic news across various sectors, including stock markets, policy, technology, and international trade. The website features up-to-date market trends and engages with its audience through active social media channels like Twitter and Facebook. Owned by The Indian Express Ltd., FE primarily generates revenue through advertising and has built a reputation for over six decades of business journalism, combining both print and digital formats for comprehensive news delivery.
New Delhi, India
Founded: 1961