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Mint Mumbai

Can we use today's geopolitical chaos to uplift India's economy?

Successful economies have geopolitics to thank but India may be letting its opportunity slip away

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3 mins  |
December 23, 2024
WHAT THE MARKET TAUGHT INVESTORS IN 2024
Mint Mumbai

WHAT THE MARKET TAUGHT INVESTORS IN 2024

In multiple pockets of the market this year, new trend chasers learnt some very old lessons

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8 mins  |
December 23, 2024
Mint Mumbai

IOC probes bribery allegation of US cos

State-owned Indian Oil Corporation (IOC) has begun a probe into allegations of a US speciality chemicals firm bribing its officials 15 years ago to obtain contracts to supply catalysts, according to a company's regulatory filing.

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1 min  |
December 23, 2024
India could be key SAF producer: lata
Mint Mumbai

India could be key SAF producer: lata

India has the potential to be a key producer of sustainable aviation fuel by utilizing its ethanol supplies and availability of lipid feedstocks like non-edible industrial oils, according to a senior official at the global airlines' grouping IATA (International Air Transport Association).

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1 min  |
December 23, 2024
Akasa to add more planes this fiscal
Mint Mumbai

Akasa to add more planes this fiscal

Akasa Air is in continuous discussions with Boeing on aircraft deliveries and expects to add a few more planes to its fleet in the current fiscal ending March 2025, the airline's chief Vinay Dube has said.

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1 min  |
December 23, 2024
Front-running case: Sebi bans 9 entities
Mint Mumbai

Front-running case: Sebi bans 9 entities

Markets regulator Sebi (Securities and Exchange Board of India) has uncovered a front-running scheme involving PNB MetLife India Insurance Company equity dealer Sachin Bakul Dagli and eight other entities, who generated illegal gains of ₹21.16 crore.

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1 min  |
December 23, 2024
China says US is 'playing with fire' after latest aid for Taiwan
Mint Mumbai

China says US is 'playing with fire' after latest aid for Taiwan

The Chinese government protested on Sunday the latest American announcements of military sales and assistance to Taiwan, warning the United States that it is \"playing with fire\".

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1 min  |
December 23, 2024
Mint Mumbai

FPIs turn net sellers amid rising dollar

After two weeks of buying, foreign portfolio investors (FPIs) turned net sellers in Indian equities last week, with a net withdrawal of ₹976 crore amid a strengthening US dollar and steady rise in US 10-year bond yields, impacting investor sentiment.

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1 min  |
December 23, 2024
Mint Mumbai

CII seeks reforms in priority lending

Industry body CII (Confederation of Indian Industry) has proposed reforms in India's priority sector lending (PSL) framework, suggesting inclusion of emerging sectors and high-impact industries such as digital infrastructure, green initiatives, healthcare, and innovative manufacturing.

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1 min  |
December 23, 2024
Mint Mumbai

NTT DATA to boost presence in India

Japanese technology firm NTT DATA aims to strengthen its presence in India, double its growth rate, and leverage the country's role as a global delivery hub to capitalise on its economic growth phase, a company executive has said.

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1 min  |
December 23, 2024
Mint Mumbai

ISRO to study crop growth in space

Demonstration of seed germination in outer space, a robotic arm to catch tethered debris there, and testing of green propulsion systems are some of the experiments planned on the POEM-4—the fourth stage of Indian Space Research Organisation's (ISRO) PSLV rocket that remains in orbit after launching a satellite.

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1 min  |
December 23, 2024
India, Sweden to work on green tech
Mint Mumbai

India, Sweden to work on green tech

India and Sweden can deepen their collaboration in innovation and green technology with a focus on addressing global climate challenges through sustainable industrial practices and renewable energy solutions, Swedish officials said.

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1 min  |
December 23, 2024
Mint Mumbai

Direct Centre to legally back MSP: Farmer unions urge SC

A parliamentary standing committee has called legal backing for MSP \"essential\"

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1 min  |
December 23, 2024
Mint Mumbai

FREELANCERS CAN AVOID HIDDEN FEES, MAXIMIZE EARNING

Being aware of payout options and financial solutions helps freelancers with smarter choices

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2 mins  |
December 23, 2024
What you must know about rental agreements, registration process
Mint Mumbai

What you must know about rental agreements, registration process

According to the Registration Act, 1908, a rental agreement for less than 12 months need not be registered

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4 mins  |
December 23, 2024
Mint Mumbai

Boeing wins $36 billion deal from Turkey

Boeing Co. won an order valued at $36 billion from Pegasus Hava Tasimaciligi AS, in its biggest commitment so far this year that deals a blow to rival Airbus SE, previously the preferred choice for the Turkish low-cost airline.

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1 min  |
December 23, 2024
Nissan needs a Honda rescue. What went so wrong?
Mint Mumbai

Nissan needs a Honda rescue. What went so wrong?

Nissan, once a symbol of Japan's carmaking prowess, spent the past five years trying to regain its footing after the arrest of long-time leader Carlos Ghosn, only to find itself in a precarious spot again.

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4 mins  |
December 23, 2024
America's chip war with China will spread
Mint Mumbai

America's chip war with China will spread

In the continuing chip war between Washington and Beijing, the U.S. has the clear upper hand on the most cutting-edge technology.

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2 mins  |
December 23, 2024
The unlikely ingredient that could end U.S. dependence on Chinese batteries
Mint Mumbai

The unlikely ingredient that could end U.S. dependence on Chinese batteries

Batteries that use sodium instead of lithium may allow the U.S. and its allies to create a new supply chain for energy storage taking off across the world

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5 mins  |
December 23, 2024
JioStar, ZEE set for SA20 vs ILT20 duel
Mint Mumbai

JioStar, ZEE set for SA20 vs ILT20 duel

Cricket fans are set for a high-stakes showdown as South Africa's SA20 and the UAE's International League T20 (ILT20) launch their third season in the same week in January.

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1 min  |
December 23, 2024
Swarovski bets big on lab-grown diamonds
Mint Mumbai

Swarovski bets big on lab-grown diamonds

Falling demand in China prompted the firm to focus on markets like India, where it plans to reach 70 stores in a year

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2 mins  |
December 23, 2024
Religare backs Saluja amid proxy advisors' ouster call
Mint Mumbai

Religare backs Saluja amid proxy advisors' ouster call

InGovern, IiAS warned that the Saluja-Burman dispute and litigation could distract the board

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2 mins  |
December 23, 2024
What does Accenture's hiring spree mean for Indian IT cos?
Mint Mumbai

What does Accenture's hiring spree mean for Indian IT cos?

India's $254-bn IT services industry saw its slowest revenue growth of 3.3% last year, but expects a demand recovery

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2 mins  |
December 23, 2024
Mint Mumbai

'Push manufacturing for GDP growth'

As India pushes forward in its goal of achieving developed nation status by 2047, the focus is not only on increasing the GDP, but also on the per capita GDP.

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4 mins  |
December 23, 2024
Mint Mumbai

Good scope for chip fab in India: Canon

Japanese imaging and optical products major Canon believes that it has a good opportunity in India for its semiconductor lithography equipment required for chip fabrication, and it is in negotiations with companies setting up facilities here, said its India president and CEO Toshiaki Nomura.

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1 min  |
December 23, 2024
Rate cut can aid govt-led growth: MPC's Kumar
Mint Mumbai

Rate cut can aid govt-led growth: MPC's Kumar

Kumar, one of the six members of MPC, noted that slower growth largely reflected the industrial sector's weakness

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1 min  |
December 23, 2024
Earnings growth slowdown appears temporary, rebound likely in H2
Mint Mumbai

Earnings growth slowdown appears temporary, rebound likely in H2

The expected recovery in capex during the second half should benefit companies linked to this theme Hari Shyamsunder Vice president, Franklin Templeton

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3 mins  |
December 23, 2024
WRONG OR EARLY TO SAY BEST OF HOTEL EARNINGS IS BEHIND?
Mint Mumbai

WRONG OR EARLY TO SAY BEST OF HOTEL EARNINGS IS BEHIND?

Even when it comes to taking a vacation, Bertie is a contrarian. He always opts to stay in Mumbai in December when the city offers its best weather.

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3 mins  |
December 23, 2024
IT swings between hope & despair
Mint Mumbai

IT swings between hope & despair

Global IT giant Accenture's Q1FY25 results surprised with constant currency (CC) revenue growth of 8% year-on-year, beating its 2-6% guidance.

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2 mins  |
December 23, 2024
Funding momentum slows after stellar week
Mint Mumbai

Funding momentum slows after stellar week

The five-day period ended 20 December saw funding activity decline to nearly a third of the previous week's high of about $900 million, data collated by VCCircle showed.

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1 min  |
December 23, 2024