Mint Mumbai - August 05, 2023
Mint Mumbai - August 05, 2023
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In this issue
August 05, 2023
Apple hits India sales record: Cook
Apple Inc.’s chief executive Tim Cook on Thursday said that the company achieved “strong double digits\" growth to report record revenue in India for the June quarter.
3 mins
FPIs sell Friday's bounce, stocks to remain volatile
Stocks rebounded on Friday, snapping three straight days of losses, ending the session in the green. However, the markets ended lower for the second consecutive week.
2 mins
Activist investor Carl Icahn bows to Hindenburg pressure
Carl Icahn made a multibillion-dollar fortune as an activist investor, bullying companies into changing their businesses. Another activist has now forced him to do the same.
3 mins
Cos get breather as import curbs on PCs are deferred
Apple, Dell, HP, Lenovo, Samsung, among others, halt PC shipments to India
3 mins
SC stays conviction of Rahul Gandhi
The Supreme Court on Friday stayed Congress leader Rahul Gandhi’s conviction in a criminal defamation case on the grounds that the trial judge failed to explain why he deserved the maximum two-year punishment under the law and held that the continuation of his disqualification from Parliament would deprive proper representation to the people of his constituency.
2 mins
SBI posts record profit on lower provisions, strong other income
State Bank of India (SBI) on Friday reported a record profit of ₹16,884 crore for the three months through June, more than double of last year, led by a surge in other income and lower provisions to cover bad loans.
2 mins
Railways to spend ₹24,470 cr to jazz up 508 stations
Indian Railways will spend over ₹24,470 crore to redevelop 508 stations over the next year and a half to bring them on par with global standards.
1 min
NEW ON SCREENS
A hair-obsessed British murder mystery, a war film set in Ukraine, and other titles to watch
1 min
Savour your free time
People find it hard to stay still. The pressure to multitask and optimise every second doesn't allow for leisure
3 mins
Why I return to Twitter
Despite its ongoing madness, there is nothing to replace Twitter. Or X, as we are now supposed to call it
3 mins
The rosé blockbusters
It is a feat to take ownership of a colour. Prince owned purple, but then he was Prince. Giving the legend that colour, in exchange for us mortals to bask in his divine alien splendour, was an easy trade.
4 mins
How buddies & bodies keep the score
A week ago, someone told me, \"You don't look your age.\" This is the kind of sentence that can split your self into 73 Michelle Yeohs, everything, everywhere all at once.
4 mins
A TASTE OF SLOW TRAVEL
Zac O'Yeah talks of a time when travel writing was a means of discovery and why he thinks railway food is underappreciated
6 mins
India Couture Week 2023 SAME BUT DIFFERENT
The 16th edition of the event didn't offer many surprises. But it did show the industry's growing desire to address changing needs
2 mins
A NEW NARRATIVE FOR HANDLOOM REVIVAL
Handloom revivalists and curators are finding fresh, interdisciplinary ways to tell the rich stories of textiles of India
7 mins
The silent strength of KR Meera's women
K.R. Meera's 'Assassin' is an epic tale that raises uncomfortable questions about identity, caste and gender
4 mins
Remove wheat import duty till Feb for food security: FCI
Wheat exports were banned after last year; non-basmati white rice exports prohibited in July
2 mins
Amazon's Jassy slashes spending, boosts sales
After layoffs and project cuts, revenue rises 11% to $134 bn, topping estimates
2 mins
HC dismisses pleas by startups against Google billing policy
The Madras High Court on Thursday dismissed 14 of 16 petitions against Alphabet Inc.’s Google for its in-app payment billing policy on the Play Store mobile app marketplace.
1 min
Won't raise stake in RBL Bank without strategic value: M&M
M&M nearly doubled its standalone net profit to ₹2,774 crore in the 3 months ended June
3 mins
Smartphone demand drops for 4th qtr
Domestic demand for smartphones continued to be tepid at best, as India saw a fourth straight quarter of annualized shipment declines.
2 mins
Air cargo in flux after covid, war: Blue Dart
However, company optimistic of resurgence in volumes, says MD Manuel
2 mins
Mint Mumbai Newspaper Description:
Publisher: HT Digital Streams Ltd.
Category: Newspaper
Language: English
Frequency: Daily
The business newspaper “Mint” published by one of the leading media houses of India, Hindustan Times, in association with Wall Street Journal. It aims to connect India to the world and the world to India in terms of business, economy, regulation and policies...
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