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Shine Jacob

Shine Jacob

Shine Jacob

Shine Jacob is a seasoned journalist and short-story writer with an experience of over a decade and a half across print and electronic media. He has covered a wide range of sectors, including energy, infrastructure, logistics, and the automobile industry. He has previously worked with the Times of India, Moneycontrol, Livemint, Cogencis, in addition to regional Malayalam media. Currently based in Chennai, he has also worked as a financial journalist in Kolkata and New Delhi.

Shine Jacob is a seasoned journalist and short-story writer with an experience of over a decade and a half across print and electronic media. He has covered a wide range of sectors, including energy, infrastructure, logistics, and the automobile industry. He has previously worked with the Times of India, Moneycontrol, Livemint, Cogencis, in addition to regional Malayalam media. Currently based in Chennai, he has also worked as a financial journalist in Kolkata and New Delhi.

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Interim Budget: Railways get 3 new corridors; 40,000 bogies to be upgraded

Proposals will lead to safety and higher travel speed for passengers, says Finance Minister

Interim Budget: Railways get 3 new corridors; 40,000 bogies to be upgraded
Updated On : 01 Feb 2024 | 11:44 PM IST

Tamilnad Mercantile Bank non-exec director quits for 'compelling reasons'

Bank's performance and share price mute compared to peers, says P C G Asok Kumar

Tamilnad Mercantile Bank non-exec director quits for 'compelling reasons'
Updated On : 01 Feb 2024 | 3:54 PM IST

Gold will remain very important for next 2-3 years: CSB Bank MD Mondal

If you look at it, gold has exactly grown in line with our bank growth, bank has grown by 23 per cent and gold has also grown by 23 per cent on a Y-o-Y basis, Pralay Mondal said

Gold will remain very important for next 2-3 years: CSB Bank MD Mondal
Updated On : 31 Jan 2024 | 10:25 PM IST

Japan's Mizuho finance group sets up global business centre in Chennai

Standard Chartered, Bank of America, NatWest among companies that already have such centres in Tamil Nadu's capital city

Japan's Mizuho finance group sets up global business centre in Chennai
Updated On : 31 Jan 2024 | 1:02 PM IST

Private sector space players seek govt relief on FDI and GST exemption

Data from the Indian Space Association (ISPA) reveals that, as of November-end 2023, Indian start-ups had attracted $124 million in funding, compared to $120 million in 2022

Private sector space players seek govt relief on FDI and GST exemption
Updated On : 30 Jan 2024 | 11:42 PM IST

Incumbents strike back: How will electric 2W game play out for Ola, others?

There is indeed a lot of the race left. Electric, for all the hype, is just about 15 per cent of the scooter market. So, what is on the cards?

Incumbents strike back: How will electric 2W game play out for Ola, others?
Updated On : 30 Jan 2024 | 10:55 PM IST

Coromandel International Q3 results: Net profit down 57% at Rs 228 cr

The Nutrient Based Subsidy (NBS) rates for the Rabi season underwent a steep downward revision which, coupled with the rising raw material prices, further impacted the industry's performance

Coromandel International Q3 results: Net profit down 57% at Rs 228 cr
Updated On : 30 Jan 2024 | 10:21 PM IST

CIEL Group plans IPO by Q3FY25, aims to raise nearly Rs 500 crore

CIEL continued to focus on its HRTech and Consulting lines of business; as a result, the group contribution of these segments in the overall portfolio has increased to 41 per cent

CIEL Group plans IPO by Q3FY25, aims to raise nearly Rs 500 crore
Updated On : 30 Jan 2024 | 4:26 PM IST

CSB Bank Q3 results: Profit falls 4% to Rs 150 crore; gross NPAs down 1.2%

The bank's net interest income during the third quarter of this fiscal stood at Rs 383 crore, with an increase of 9 per cent over Rs 350 crore in Q3 of FY23

CSB Bank Q3 results: Profit falls 4% to Rs 150 crore; gross NPAs down 1.2%
Updated On : 29 Jan 2024 | 7:56 PM IST

Amara Raja chief Galla takes break from politics to focus on business

Galla is one of the richest MPs with a declared asset of around Rs 683 crore. Amara Raja is moving from being a battery manufacturer to a comprehensive provider of energy and mobility solutions

Amara Raja chief Galla takes break from politics to focus on business
Updated On : 29 Jan 2024 | 4:39 PM IST

Murugappa Group's finance firm Chola expects AUM growth of 20-25% in FY25

Company expects healthy growth in its key business of vehicle loans and new initiatives in lending to consumer and small enterprises

Murugappa Group's finance firm Chola expects AUM growth of 20-25% in FY25
Updated On : 29 Jan 2024 | 3:52 PM IST

TN economy to be worth $2.6 trn by FY48, needs $111 bn investment: Study

State must focus on industries and urbanisation to meet potential, it says

TN economy to be worth $2.6 trn by FY48, needs $111 bn investment: Study
Updated On : 29 Jan 2024 | 2:05 PM IST

Shriram Group to enter wealth management in FY25, awaits RBI's nod

The group plans to launch its wealth management business through Shriram Credit, a subsidiary of Shriram Capital

Shriram Group to enter wealth management in FY25, awaits RBI's nod
Updated On : 28 Jan 2024 | 10:12 PM IST

AG&P Pratham targets 53,000 new PNG connections in the next 2 months

To boost PNG adoption, AG&P Pratham has launched exclusive schemes and benefits for its new users under this drive, offering Free Gas for one month, Zero Security Deposit

AG&P Pratham targets 53,000 new PNG connections in the next 2 months
Updated On : 28 Jan 2024 | 4:29 PM IST

Foxconn India journey gets a leg-up as CEO Young Liu gets Padma Bhushan

At present, the company reportedly has an estimated 15 subsidiaries in India

Foxconn India journey gets a leg-up as CEO Young Liu gets Padma Bhushan
Updated On : 26 Jan 2024 | 11:28 PM IST

Murugappa Group's Chola Q3 results: Profit up 28% at Rs 876 crore

Loan Against Property (LAP) business disbursed Rs 3,409 crore during the quarter, as against Rs 2,255 crore during the same period last fiscal, with a growth rate of 51 per cent

Murugappa Group's Chola Q3 results: Profit up 28% at Rs 876 crore
Updated On : 25 Jan 2024 | 9:00 PM IST

Shriram Finance Q3 results: Marginal rise in net profit to Rs 1,873 crore

During the period under review, the company's total income reached Rs 9,305.75 crore, marking a 19 per cent increase from Rs 7,798.31 crore in the October-December period of FY23

Shriram Finance Q3 results: Marginal rise in net profit to Rs 1,873 crore
Updated On : 25 Jan 2024 | 8:27 PM IST

TVS Motor Q3 net profit up 59% to Rs 479 cr amid rise in two-wheeler sales

During the quarter under review, the company's revenue from operations increased by 25 per cent to Rs 10,113.94 crore, while it was seen at Rs 8,066.13 crore during the third quarter of 2022-23

TVS Motor Q3 net profit up 59% to Rs 479 cr amid rise in two-wheeler sales
Updated On : 24 Jan 2024 | 8:26 PM IST

IOB Q3 profit rises 30% to Rs 723 cr, expects 13-14% credit growth in FY25

State-run lender's asset quality improves, has 'tight grip' on slippages

IOB Q3 profit rises 30% to Rs 723 cr, expects 13-14% credit growth in FY25
Updated On : 24 Jan 2024 | 5:29 PM IST

Wabtec wins $157 mn order for train braking system from Siemens India

Siemens is manufacturing locomotives for Railways at the national transporter's factory in Dahod

Wabtec wins $157 mn order for train braking system from Siemens India
Updated On : 24 Jan 2024 | 4:58 PM IST