CATEGORIES

Zydus Life reports strong Q2 growth
Mint Mumbai

Zydus Life reports strong Q2 growth

Zydus Lifesciences Ltd announced strong double-digit growth in line with estimates, on the back of sustained growth across its key businesses, in its consolidated financial results for the September quarter on Tuesday.

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1 min  |
November 13, 2024
Mondelez FY24 net profit up 72%
Mint Mumbai

Mondelez FY24 net profit up 72%

Confectionery major Mondelez India Foods Pvt. Ltd posted a 71.85% increase in profit to ₹2,020.87 crore in FY24, according to the RoC filing from the beverages major.

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1 min  |
November 13, 2024
Mint Mumbai

DBS's next India CEO is Rajat Verma

DBS's India unit has nominated its head of institutional banking, Rajat Verma, to be the bank's new chief executive officer, two people familiar with the matter said.

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1 min  |
November 13, 2024
Air India Express to reconfigure planes
Mint Mumbai

Air India Express to reconfigure planes

Air India Express plans to start reconfiguration of planes having business class seats from April 2025, as the airline focuses on operating narrow-body planes with only economy class seats, according to a senior official.

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1 min  |
November 13, 2024
Mint Mumbai

Wilson & Hughes buys Cox & Kings

Wilson & Hughes, a Singapore-based private equity firm, has acquired the 260-year-old travel brand Cox & Kings through the insolvency process.

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1 min  |
November 13, 2024
UK reiterates support for India's permanent UNSC seat
Mint Mumbai

UK reiterates support for India's permanent UNSC seat

The UK has reiterated its support for permanent membership for India in the United Nations Security Council (UNSC) as part of an expansion of the international panel to ensure it can continue to rise to the pressing challenges faced by the world.

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1 min  |
November 13, 2024
Mint Mumbai

JSW Defence to tie up with US firm

JSW Defence on Tuesday announced a strategic partnership with a US firm to indigenise and manufacture its 'V-BAT', an Unmanned Aerial System (UAS), and said the collaboration marks a significant step in boosting India's defence capabilities by bringing in world-class UAS technology to the country.

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1 min  |
November 13, 2024
Mint Mumbai

Sebi simplifies FPI registration

To facilitate ease of onboarding of Foreign Portfolio Investors (FPIs) and reduce duplication of information, the Securities and Exchange Board of India (Sebi) on Tuesday said applicants can choose to fill either the entire Common Application Form (CAF) or an abridged version with unique fields.

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1 min  |
November 13, 2024
Advent-backed firms get IPO nod
Mint Mumbai

Advent-backed firms get IPO nod

Advent International-backed Manjushree Technopack and Inventurus Knowledge Solutions Ltd, which provides healthcare support services, have received go-ahead from the Securities and Exchange Board of India (Sebi) to float initial public offerings (IPOs).

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1 min  |
November 13, 2024
Loyalty is common thread as Trump fills foreign policy, immigration jobs
Mint Mumbai

Loyalty is common thread as Trump fills foreign policy, immigration jobs

Trump settles on Republican lawmakers for key national security posts, hoping to avoid infighting that frustrated him in his first term

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5 mins  |
November 13, 2024
Mint Mumbai

COP29 agrees to set up carbon market post decision on Day 1

India committed to reduce emissions intensity by 45% by 2030, create carbon sink of 2.5 to 3 billion tonnes of additional forests

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1 min  |
November 13, 2024
Shell wins appeal against landmark carbon-emissions ruling
Mint Mumbai

Shell wins appeal against landmark carbon-emissions ruling

The court had asked the oil-and-gas giant to cut its carbon emissions by 45% by the end of 2030 from 2019 levels

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3 mins  |
November 13, 2024
The Outsider trying to restore Citi to investment-banking glory
Mint Mumbai

The Outsider trying to restore Citi to investment-banking glory

Vis Raghavan wants his dealmakers to advise on and finance more private-equity deals

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4 mins  |
November 13, 2024
Mint Mumbai

AI-enabled solutions help Siemens improve margin: Global CTO

The company is also working on developing large language model-based interface for industrial solutions

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2 mins  |
November 13, 2024
Yuvraj changes investment gear
Mint Mumbai

Yuvraj changes investment gear

Like in cricket, Yuvraj Singh has seen setbacks in his investment journey as well.

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1 min  |
November 13, 2024
'Starlink must resolve issues'
Mint Mumbai

'Starlink must resolve issues'

Govt open to offering satellite broadband licence to Musk's firm, but awaits security assurances, says Scindia

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2 mins  |
November 13, 2024
Tamil cinema eyes Hindi belt as 'Kanguva' leads a new wave
Mint Mumbai

Tamil cinema eyes Hindi belt as 'Kanguva' leads a new wave

After years of focusing on core southern markets, Tamil cinema is making significant strides to capture Hindi-speaking audiences.

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2 mins  |
November 13, 2024
Mint Mumbai

How a US tech firm turned bigger than some Indian IT cos

EPAM's business had nearly come to a standstill due to the Russia-Ukraine conflict that began in February 2022

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1 min  |
November 13, 2024
Mystery behind YouTube's finfluencer video takedown
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Mystery behind YouTube's finfluencer video takedown

Platform cites complaints from a 'govt entity', drawing criticism from creators and analysts

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2 mins  |
November 13, 2024
Mint Mumbai

BCCI seeks to withdraw plea on Byju's insolvency

The Board of Control for Cricket in India (BCCI) on Tuesday sought an urgent hearing for its plea to withdraw an insolvency case against edtech firm Byju's.

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1 min  |
November 13, 2024
Mint Mumbai

See huge opportunity in courier aggregation business

There is a massive opportunity in courier aggregation as e-commerce is evolving fast and has sufficient headroom for growth in the coming years, Kapil Makhija, managing director and chief executive officer of listed e-commerce SaaS platform Unicommerce, told Mint, shortly after announcing the acquisition of courier aggregation and automation platform Shipway.

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1 min  |
November 13, 2024
Mint Mumbai

SoftBank swings to profit on India IPO boost

The firm earned a net income of ¥1.18 trillion in the Sept quarter, compared with a net loss of ¥931 billion last year

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1 min  |
November 13, 2024
Bain & Co aims to triple India biz in 5 yrs
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Bain & Co aims to triple India biz in 5 yrs

Bain and Co. is looking to triple its India business over the next five years given the country's growing potential in a post-global world, a top executive at the American consultancy said.

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2 mins  |
November 13, 2024
Hyundai Motor India profit drops 16% in Q2
Mint Mumbai

Hyundai Motor India profit drops 16% in Q2

The automaker's revenue slips 7.5% to ₹17,260.38 cr from ₹18,659.69 cr

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2 mins  |
November 13, 2024
StanChart looks to raise wealth management game in India
Mint Mumbai

StanChart looks to raise wealth management game in India

UK-based Standard Chartered Bank is looking to up its wealth management play in India, hiring more relationship managers and giving a facelift to several branches in a market that has recently attracted strong interest from global and domestic money managers.

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2 mins  |
November 13, 2024
NTPC Green Energy seeks $12 billion valuation in IPO
Mint Mumbai

NTPC Green Energy seeks $12 billion valuation in IPO

NTPC Green Energy Ltd is considering seeking a valuation of about $12 billion in what could be one of India's biggest initial public offerings in the renewable energy industry, according to people familiar with the matter.

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1 min  |
November 13, 2024
Mint Mumbai

Bitcoin blazes toward $90,000

The largest token has jumped about 32% since the US election on 5 Nov, hitting an all-time high of $89,599 on Tuesday

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1 min  |
November 13, 2024
Faster deliveries won't strain profit
Mint Mumbai

Faster deliveries won't strain profit

Beauty e-retailer Nykaa is pushing for faster order deliveries while side-stepping heavy capital outlays that could strain its bottom line, CEO for beauty e-commerce Anchit Nayar told analysts Tuesday after Nykaa's Q2 earnings results.

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1 min  |
November 13, 2024
Mint Mumbai

Devyani adds fresh brands to menu to beat demand blues

Devyani International Ltd continues to battle weak consumption demand, especially in urban areas.

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1 min  |
November 13, 2024
Mint Mumbai

Nifty, Sensex hit a low. What depths will the dip plumb?

Nifty 50 plunged to its lowest point in over four months, and the Sensex marked a three-month low On Tuesday

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1 min  |
November 13, 2024