CATEGORIES

Large private banks reach informal no-poaching pact

Private sector lenders are seeking to stem attrition, which is severe at the junior level

Vedanta's promoters offload 1.76% stake via BSE bulk deal

Promoters of mining and natural resources major Vedanta Ltd offloaded 1.76% stake in the company for ₹1,737 crore on Thursday through a bulk deal on the BSE, data show.

Managing debt to be key for Prestige

Prestige Estates Projects Ltd put up a decent show in the December quarter (Q3FY24).

'Banks face funding hurdles'

Funding conditions in India are likely to play a crucial role in constraining loan growth for many banks in the country, and credit expansion could moderate by 200 basis points in the next fiscal year, S&P Global Ratings said in note on Thursday.

Sebi eyes new rules for PMS distributors

Markets regulator Sebi on Thursday proposed promoting collective oversight of PMS distributors by making registration with the Association of Portfolio Managers in India (APMI) mandatory for them and facilitating ease of digital onboarding process for portfolio managers' clients.

Tractors a sore spot for M&M

Mahindra & Mahindra Ltd's journey is a tale of two parts.

Tech, regulations reshaping global banking revolution

Digital technology is transforming the banking sector, enhancing customer experience, improving operational efficiency, and reducing costs amid the turbulent economic and regulatory environment, Sonny Singh, executive vice president and general manager, financial services global business, Oracle, said at Oracle CloudWorld event.

Instamojo opts out of payments gateway bid

Focusing on upgrading platform to help merchants, says founder Swain

Demand for gold may hit 900 tonnes this year

Gold consumption in India is likely to rise to 800-900 tonnes in calendar year 2024 compared with 700-800 tonnes annually since 2019 on the back of robust economic growth and higher income, Somasundaram P.R., managing director (India), World Gold Council (WGC) said.

Innovation fund likely for co-op lenders to foster farm entrepreneurs

A committee charged with drafting a new national cooperation policy has recommended that a national innovation fund be set up to encourage entrepreneurship in primary agricultural credit societies (PACS), a member of the committee said.

Terror-hit gasfield ops likely to resume

Rituraj Baruah

G20 president Brazil takes food security leaf from India

It will also take up issues like fair trade, climate change and preserving biodiversity loss

Top builders tap new cities as housing sales pick up

BENGALURU Leading developers are entering new markets for residential projects, as rising urbanization and an expanding middle class fuel a housing boom.

Props grab more of derivatives market; retail cedes share

Retail investors dabbling in derivatives often get the short end of the stick.

SC brings an end to electoral bond era

Amendments unconstitutional; violates right to information'

Unlocking Retirement Prosperity: How NPS Remains Cutting-Edge

The main reason for NPS's popularity is the consistency of returns and cost-efficiency

Our Youth Don't Favour All Elections Held In Sync

A sizeable demographic chunk of India is largely unconvinced of one nation, one poll,' as the latest YouGov-Mint-CPR Millennial Survey reveals, and it's easy to understand why

There is plenty that ails India's index of industrial production

The ITP is old and rusty but GST data can be used to formulate an indicator that offers a better picture of economic change

What fund managers think of the current PSU rally

Insights from four fund managers on the underlying PSU sector dynamics and trends

Farmer leaders agree to meet Union ministers for talks today

Ministers Arjun Munda, Piyush Goyal and Nityananda Rai likely to be at meet

A tiny hedge fund is becoming a thorn in the side of energy giant BP

London-based Bluebell Capital Partners aims at big targets via campaigns against world’s biggest cos, sometimes hitting them

Disney Star eyeing IPL bounty

The broadcaster expects a surge in ad revenue amid improved business sentiment and heightened cricket frenzy

Recruiters prefer MBAs with experience

Business-school graduates with work experience are at an advantage compared to their peers who have never worked before, at a time of sluggish campus placements. Leading management colleges and companies say inducting candidates who know how to meet corporate demands and are aware of the latest management skills are preferred over novices.

Cap lease rate at 40% upon renewal: MROs

Lease rentals account for 1O—15% of the annual cost of running MRO units

IT cos soar, dull entry for SFBs in IPO mkt

Two out of three stocks that listed during a volatile trading session on Wednesday opened below their IPO prices with only one opening at a premium and having closed higher, leaving investors looking for listing gains disappointed.

Adani Green plans to raise $500 mn

Adani Green Energy is likely to raise $500 million by issuing dollar bonds in March, two officials aware of the plans said, making it the first Adani group company to return to the overseas bond market in a year.

Poor demand from IT hiring dulls Info Edge

The information technology sector remains the Achilles heel of Info Edge (India) Ltd.

Aye Fin expects 55% AUM growth in FY24

Eyes IPO in FY26 with AUM expected at ₹5,500 crore by March 2025

Moove raises $10mn debt from Stride for expansion in India

Nigerian mobility fintech startup Moove on secured $10 million debt funding from Stride Ventures to expand its India operations.

Jaishankar to skip G20 foreign ministers meeting

External affairs minister S. Jaishankar will skip the E meeting later this month in Rio de Janeiro, due to a scheduling conflict with India's premier geopolitical conference, the Raisina Dialogue, people aware of the matter told Mint.