Mint Chennai - January 08, 2025Add to Favorites

Mint Chennai - January 08, 2025Add to Favorites

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January 08, 2025

10% Rise in Capex Allocation Likely for Roads, Railways in FY26

Big private investment is likely in BOT roads; railways to continue work on existing projects

2 mins

HMPV may be more common than reported in the country

Scientists say there could be more Human Metapneumovirus (HMPV) cases in India than officially acknowledged because the virus is not new and was never notified by the government for reporting by hospitals and the health community.

1 min

Govt plans many onion stocking centres

The plan being discussed with the ministry of agriculture comes amid a steady dip in the production of onion

2 mins

Indian employers hope for computer tech, semicon edge

Increased digital access, geopolitical tensions and climate-mitigation efforts are the primary trends expected to shape the future of jobs in India by 2030, the World Economic Forum (WEF) said in a report.

1 min

Intas Pharma bags another overseas company

Gujarat-based drug-maker Intas Pharmaceuticals Ltd., which counts private equity firm ChrysCapital, Singapore state investment firm Temasek, and Abu Dhabi Investment Authority (ADIA) as its investors, has signed a deal to acquire a biologic medication brand from US-based Coherus Biosciences.

1 min

ASK Prop, India Sotheby's start realty fund

The fund aims to raise ₹1,000 crore in equity, with a green-shoe option of an additional ₹500 crore

1 min

Microsoft to Invest $3 Billion in AI, Cloud Expansion in India

CEO Satya Nadella, however, did not give a time frame for the spending

2 mins

True North's pvt credit fund bets on Vehant Tech

Security and surveillance solution provider Vehant Technologies said Tuesday it has raised $9 million (₹77 crore) in a mezzanine round from the private credit fund of homegrown alternative investment firm True North.

1 min

Your fancy, new ETF might be a little too fancy

Exchange-traded funds have mostly been great investments, but they are getting too complex for their own good

4 mins

Bank profits set to moderate in FY26 as bad assets rise

Ind-Ra sharply revised down its FY25 system credit growth estimate to 13-13.5% from 15% earlier

2 mins

Another tough year for FMCG?

Feeling blue

2 mins

Risks to economy escalating in 2025, cautions SBICAPS

Rising household debt, fluctuating FII flows among risks that threaten to amplify economic fragility: Report

1 min

Lloyds Metals shines on likely gains from acquisition, capex

Gaining ground

1 min

Auto sales rise 9% in 2024 despite headwinds: Fada

Inventory build-up, delayed harvest payments, weak consumer sentiment weighed on demand in Dec

1 min

Razorpay Charts Return to India; Eyes Expansion, IPO

Firm is likely to complete its reverse-flip in six months, with an IPO expected in two years

3 mins

DIAL drops plea over Hindon ops expansion

Delhi International Airport Ltd (DIAL) on Tuesday withdrew its legal challenge against the Centre's decision to allow the Airports Authority of India (AAI) to operate scheduled commercial flights from the Indian Air Force Station in Hindon, Ghaziabad.

1 min

Demand for solo talks stalls Asean trade pact review

The review aims to enhance the pact's trade facilitation norms and maximize benefits for businesses

1 min

Nvidia Shows New Chips, Inks Toyota Deal for Robotic Cars

Shares of Toyota, Nvidia's suppliers rise on optimism about the AI chip maker's prospects

3 mins

Law Firms Pivot for Trump's Return

The charged political environment is spurring specialty practice areas designed to help clients navigate it

2 mins

Meta Ends Fact Checking, Goes for Community Notes Instead

Meta Platforms chief executive officer (CEO) Mark Zuckerberg on Tuesday announced a decision to do away with the company's long-standing fact-checking teams—choosing instead to establish a \"community notes\" mechanism akin to Elon Musk's X, formerly Twitter.

1 min

Brand Kohli Firm, Rohit's Legacy Tested

While Kohli's long-standing popularity remains strong despite recent challenges, Rohit's brand legacy, built on leadership, faces risks due to his form

3 mins

Theatres face slow start to 2025 with few major releases

Theatre owners anticipate a lukewarm start to the year, with the initial slate from Bollywood bereft of any mainstream commercial entertainers and big-star films.

2 mins

How are companies using AI agents? Here's a look at five early users

Artificial intelligence agents have emerged as one of the most exciting aspects of generative AI for business because they take chatbots to the next level, performing complex tasks without help from humans.

4 mins

Can Boeing Be Fixed? Aerospace Leaders Offer a Repair Manual

Restore trust and forget the stock price: Experts from inside and outside the company share advice for the troubled jet maker

9 mins

Duty cut on phone parts to hit jobs

Any reduction in the customs duty on smartphone parts in the forthcoming budget will harm India's developing component ecosystem, discourage investment, increase imports and make local firms uncompetitive, potentially resulting in job losses, think tank GTRI said on Tuesday.

1 min

Delhi to vote on 5 February, counting on 8 February: CEC

Last date to file nominations is 17 Jan, scrutiny of nominations will be done by 18 Jan

1 min

'Child labour used in cotton plants'

Investigation into cotton farms in Madhya Pradesh reveals use of child labour. BLOOMBERG

1 min

Oyo Hotels revenue declines 15% in FY24

Oyo Hotels and Homes Pvt. Ltd reported a sharp decline in revenue in FY24, which fell 15% to ₹1,113 crore for the fiscal year.

1 min

Belson Coutinho is Akasa's new COO

Domestic carrier Akasa Air on Tuesday announced the appointment of its co-founder and marketing veteran Belson Coutinho as the company's chief operating officer (COO) from January.

1 min

Indian tech story is fascinating

The Indian technology story is \"fascinating\", and we hope it continues to grow at consumer electronics show (CES) where numerous startups and entrepreneurs from India are showcasing their innovations, a top executive at the world's largest tech event said.

1 min

Kalyan Jewellers' Q3 sales jump 39%

Kalyan Jewellers on Tuesday said its consolidated revenue increased 39% year-on-year during the third quarter of the current fiscal, driven by strong festive and wedding demand.

1 min

Strong earthquake in Tibet kills more than 120, flattens houses

A strong earthquake struck the foothills of the Himalayas near one of Tibet's holiest cities on Tuesday, killing at least 126 people and flattening hundreds of houses, Chinese authorities said.

1 min

Indonesia Is Admitted to the BRICS

Indonesia has been admitted as a full member of the BRICS bloc of developing economies, the group's presiding country, Brazil, said Monday.

1 min

Top 8 cities' housing sales up 7% in 2024

Housing sales rose 7% annually in 2024 across eight major cities to reach a 12-year high at 350,613 units on better demand for premium homes amid stable mortgage rates and strong economic growth, according to Knight Frank.

1 min

MRPL, ISPRL in deal for crude storage

The deal eliminates the need for constructing facilities, thereby reducing MRPL's costs.

1 min

What Course Will C.S. Setty Plot For SBI?

The new chairman's biggest challenge is to figure out where to steer a bank that is already humongous in size

8 mins

Insights on When to Step Back From the Stock Market

The stock surge since 2020 has made it harder to convince investors to step back if needed

3 mins

How to merge multiple UANs?

I worked in two companies from 2011 to 2016, with separate UANs and provident fund accounts.

1 min

How this veteran fund manager is adapting to new market realities

After three decades of beating the indices, Prashant Jain shifts his strategy to brace for more tempered returns

4 mins

May 2025 spell climate hope after a super-warm 2024

Let's harness the negativity bias that humans are predisposed to for measures aimed at faster climate action

3 mins

India Needs a Tad More Ambition and Resolve to Boost GDP Growth

We must focus on long-term fixes rather than near-term uncertainties for fast economic expansion

3 mins

Revision of the inflation gauge: Handle with care

India's consumer price index should be revised on the basis of the latest survey of household consumption expenditure, but with nuances of the country's situation kept well in mind

2 mins

Elon Musk and his critics are wrong about free speech on X

Both sides of this divide must read the US First Amendment again

3 mins

Most favoured interpretations can prove unfavourable

India's stance on Switzerland's MFN status in a Nestle tax dispute has had adverse consequences

3 mins

Monetary policy should lead the easing cycle our economy needs

Weak demand in the economy needs a response but budget tightening would mean the central bank must look for easing space

3 mins

A flagship to challenge most top smartphones in 2025

The vivo X200 Pro may emerge as the camera phone to beat in 2025. What else does the flagship have going for it?

3 mins

Kick off the new year with fresh games

Despite a typical slow pace, Jan 2025 features several new game releases

1 min

CES 2025: What Lies Ahead in Tech This Year

With more powerful computing chips, the idea of PCs compact enough to be carried around in one hand is becoming real

4 mins

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Mint Chennai Newspaper Description:

الناشرHT Digital Streams Ltd.

فئةNewspaper

لغةEnglish

تكرارDaily

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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