Mint Mumbai - September 11, 2023
Mint Mumbai - September 11, 2023
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In this issue
September 11, 2023
Modi asks G20 leaders to reform Security Council
'Institutions that do not adapt to change tend to lose their relevance over time'
3 mins
'India to decide its position on crypto in coming months'
Seth said the current global economic growth is being influenced by high inflation and slowing trade
2 mins
Dream11 revamps Rario's leadership
Dreamll revamps leadership at Rario unit, sacks co-founders
2 mins
JCB eyes India for hydrogen engines
UK-based JCB plans to start manufacturing hydrogen-powered engines at its Haryana factory soon after its commercial adoption in the UK, top company executives said. The company considers its Ballabhgarh plant ideal for participating in the hydrogen initiative, as it already makes diesel engines for the parent’s worldwide operations.
2 mins
Local firms step up heat on M&A front
Domestic companies are increasingly snapping up local assets on the block, often beating private equity firms, a trend expected to continue on the back of strong balance sheets.
2 mins
'World Bank widening vision to work for a liveable planet'
Reform will focus beyond poverty eradication, to include work on climate, disease, fragility
2 mins
How BJP will leverage G20 summit to advance its political outreach
The adoption of the New Delhi declaration at the end of the G20 Summit without impediments has given the ruling Bharatiya Janata Party (BJP) a platform to advance its political outreach and electoral campaign ahead of next year’s general election, riding on the triumph of an event it claims is a result of Prime Minister Narendra Modi’s leadership.
2 mins
UK pledges $2 bn for climate action
UK Prime Minister Rishi Sunak on Sunday pledged $2 billion to the UN’s Green Climate Fund (GFC), a day after G20 leaders adopted a ‘green development pact’ to speed up measures to tackle the challenges of environment and climate change.
2 mins
G20 raises debate on AI risks
Artificial intelligence is also expected to be a core issue for Italy's G7 presidency in 2024
1 min
Nisus nears final close of its first real estate stressed assets fund
Mumbai-based Nisus Finance's alternative asset management arm, Nisus Finance & Investment Managers LLP is set to mark the final close of its maiden stressed assets fund after raising capital from a clutch of domestic and foreign-based investors.
1 min
'Rally in mid-, small-cap segments led to valuation premium'
The sharp rally in the mid- and small-cap segments has led to a valuation premium developing in many companies, which could hamper return potential as markets take a breather.
1 min
FPIs turn net sellers, withdraw ₹4,200 cr
After six months of consistent buying, foreign portfolio investors (FPIs) have turned net sellers to pull out ₹4,200 crore from equities in September, so far, on rising US bond yields, a stronger dollar and concerns over global economic growth.
1 min
Change of plan: Exiting Alibaba CEO to leave cloud unit as well
China's Alibaba Group on Sunday announced that Daniel Zhang will step down from its cloud business, in a surprise move just two months after the company said he would leave his roles as group CEO and chairman to focus on the cloud unit.
1 min
Haldiram's set to expand QSR footprint
Haldiram’s Foods International is planning to expand its restaurant chain in South and West India, capitalizing on the increasing demand for dining out.
2 mins
'Cyberattacks lower warfare bar, rules key'
As artificial intelligence (AI) continues to exacerbate cyberattacks around the world, there is an increasing need to adopt global standards, if not regulations, to tackle how cyberattacks are lowering the threshold of warfare.
3 mins
State-run general insurers lose share
For the first time, state-run general insurers account for less than a third of the industry premium at 32.5%, as larger private non-life insurers have consolidated their position in the first five months of the current fiscal, according to the General Insurance Council data.
1 min
Viacom18 readies films push
Studio aims ₹1,000 cr annual revenue from various projects; to focus on high-budget, mid-scale productions
2 mins
Panasonic aims to double its solar business, boost exports
The firm expects the share of exports to its entire business increase from 25% in FY23 to 30% this financial year
2 mins
Artisans to get ₹15,000 as incentive under Vishwakarma scheme
The registration and benefits of the Vishwakarma scheme would also be restricted to one member of a family
2 mins
How sale of foreign shares is taxed in India
What will be the tax applicability and the conversion rates if an Indian resident sells his shares that are listed on the US stock exchange?
1 min
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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