CATEGORIES

Is India's demographic dividend generation ready for the future?
Mint Mumbai

Is India's demographic dividend generation ready for the future?

ASER findings reveal a deficit of basic skills but digital adoption could enable a compensatory paradigm shift in education

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4 mins  |
January 26, 2024
A winter in Copernicus' Toruń
Mint Mumbai

A winter in Copernicus' Toruń

The walled Polish town, full of Gothic architecture and references to the astronomer, is ideal for a quiet holiday

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4 mins  |
January 26, 2024
Barbie's missing Oscar nod: Bias played a role
Mint Mumbai

Barbie's missing Oscar nod: Bias played a role

Does a clear Oscar tilt towards Oppenheimer' over Barbie' reveal a gravitas preference or gender bias? It's time to place Hollywood's big awards under the lens of republican ideals

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2 mins  |
January 26, 2024
Why senior citizens require deductibles in health plans
Mint Mumbai

Why senior citizens require deductibles in health plans

By opting for deductibles, they can bring down the cost of health insurance premiums

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4 mins  |
January 26, 2024
FAA halts Boeing 737 output, allows idle jets to fly
Mint Mumbai

FAA halts Boeing 737 output, allows idle jets to fly

U.S. air-safety regulators on Wednesday put limits on Boeing's production of 737 MAX jets, but cleared the way for grounded jets to resume flying after airlines complete inspections.

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4 mins  |
January 26, 2024
What could bring Apple down?
Mint Mumbai

What could bring Apple down?

Trustbusters, platform shifts and geopolitics could all hurt the iPhone maker, which will report its latest quarterly earnings next week

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7 mins  |
January 26, 2024
DLF buys Gurugram land for ₹825 crore
Mint Mumbai

DLF buys Gurugram land for ₹825 crore

The JSW Group on Thursday announced its entry in defence manufacturing by acquiring a controlling stake in Gecko Motors Pvt. Ltd, an off-road vehicle company.

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1 min  |
January 26, 2024
Titagarh Rail, Amber group form venture to enter train parts biz
Mint Mumbai

Titagarh Rail, Amber group form venture to enter train parts biz

Kolkata-based Titagarh Rail Systems (TRSL) and K Amber group of Delhi have joined hands to enter the railway component and subsystem business by jointly forming a special purpose vehicle (SPV).

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1 min  |
January 26, 2024
JSW Steel beats estimates, Q3 net up 400% at ₹2,415cr
Mint Mumbai

JSW Steel beats estimates, Q3 net up 400% at ₹2,415cr

Increase in steel sales amid a rise capacity utilization contributed to the surge

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3 mins  |
January 26, 2024
Vedanta net profit down 7% in Q3 as finance costs surge
Mint Mumbai

Vedanta net profit down 7% in Q3 as finance costs surge

Company's net debt has gone up sharply, to ₹62,492 cr from ₹38,076 cr a year earlier

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2 mins  |
January 26, 2024
Tata Tech CEO sees muted end to FY24; bullish on next year
Mint Mumbai

Tata Tech CEO sees muted end to FY24; bullish on next year

Tata Technologies on Thursday reported a 1.6% sequential growth in its rupee revenue to 1,289.5 crore in the quarter ended December, while net profit rose 6.1% to 170.2 crore. In dollar terms, the revenue increased 0.9% sequentially to $154.8 million, while its earnings before interest and taxes (ebit) margin rose to 16.2%.

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2 mins  |
January 26, 2024
'Need to cut losses in Europe'
Mint Mumbai

'Need to cut losses in Europe'

Tata Steel never had to support Dutch unit, except in the last quarter. Meanwhile, UK operation is still struggling

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2 mins  |
January 26, 2024
Bank Nifty rollovers surge
Mint Mumbai

Bank Nifty rollovers surge

Investors and traders rolled over the highest number of outstanding bets on Bank Nifty futures in 10 months, indicating that heavy bearish bets have been rolled over to the February series ahead of the interim budget, as the Bank Nifty has fallen 7.5% to 44866.15 from the December to January expiry.

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2 mins  |
January 26, 2024
A slippery road awaits Bajaj, TVS
Mint Mumbai

A slippery road awaits Bajaj, TVS

Investors have reacted quite in opposite directions to the December-quarter (Q3FY24) results of Bajaj Auto Ltd and TVS Motor Co.Ltd. On Thursday, while shares of Bajaj Auto gained by over 5%, those of TVS Motor fell by 3%. Bajaj's Q3 results were a step ahead of analysts' estimates, while TVS Motor fell short, albeit only slightly.

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2 mins  |
January 26, 2024
Swiggy, Flipkart to trim workforce ahead of IPOS
Mint Mumbai

Swiggy, Flipkart to trim workforce ahead of IPOS

IPO-bound startups Swiggy and Flipkart are expected to lay off employees over the next few months, a move likely to impact around 1,400 executives across both the companies, two people aware of the matter told Mint, asking to remain anonymous.

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1 min  |
January 26, 2024
Ola mobility biz turns profitable, hires CEO
Mint Mumbai

Ola mobility biz turns profitable, hires CEO

The mobility business posted adjusted Ebitda of about 250 cr in FY23

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2 mins  |
January 26, 2024
Indian investments key target of Australian minerals reforms
Mint Mumbai

Indian investments key target of Australian minerals reforms

The state of Western Australia has introduced a series of reforms aimed at attracting investments in minerals and resources, including from India.

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1 min  |
January 26, 2024
Coal imports for power to end by FY26
Mint Mumbai

Coal imports for power to end by FY26

The coal ministry will request imported-coal based (ICB) power plants to make changes to their technologies and design so that they can use domestic coal, said the Union minister for coal Pralhad Joshi.

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2 mins  |
January 26, 2024
'Govt to strengthen agriculture and manufacturing'
Mint Mumbai

'Govt to strengthen agriculture and manufacturing'

The Centre plans to focus on strengthening agriculture and manufacturing sectors to stimulate the economy, finance minister Nirmala Sitharaman said on Thursday.

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1 min  |
January 26, 2024
General insurance be recapitalized cos could in FY25
Mint Mumbai

General insurance be recapitalized cos could in FY25

The recapitalization is to prepare them for listing and privatization in the coming fiscal year

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2 mins  |
January 26, 2024
SEC wants SPAC mania to remain dead
Mint Mumbai

SEC wants SPAC mania to remain dead

The speculative bonanza in special-purpose acquisition companies, better known as SPACs, appears to be dead. Gary Gensler wants to make sure it doesn't come back to life.

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4 mins  |
January 26, 2024
Lenders push for Byju's insolvency
Mint Mumbai

Lenders push for Byju's insolvency

Overseas lenders of online tutor Byju's have filed an insolvency petition against its parent company Think & Learn Pvt. Ltd in Bengaluru to recover a $1.2 billion loan, in an ignominious turn for the company that was once India's most-valued startup.

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2 mins  |
January 26, 2024
Canada cracks whip, students eye options
Mint Mumbai

Canada cracks whip, students eye options

Canada's decision to cap the number of internaс Cthe tional students this year and introduce stricter work visa rules will force students from India to opt for other countries. Counselling centres said even a year ago, half of their customers wanted admissions and immigration to Canada, but are now asking for other countries.

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2 mins  |
January 26, 2024
Adani to buy six biz jets, to delivered be in 18 months
Mint Mumbai

Adani to buy six biz jets, to delivered be in 18 months

The Adani Group plans to double its business jet fleet to ensure it has enough aircraft to fly its top executives, as it plots an expansion strategy with renewed vigour after the Supreme Court cleared it of accusations made by Hindenburg Research.

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2 mins  |
January 26, 2024
Rebel Foods plans to file for IPO this year, listing in '25
Mint Mumbai

Rebel Foods plans to file for IPO this year, listing in '25

Peak XV-backed Rebel Foods that owns Faasos, Behrouz Biryani and Mandarin Oak is working towards an initial public offering (IPO), which would make it the country's first cloud kitchen business to go public.

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3 mins  |
January 26, 2024
Consumers upbeat despite inflation hit
Mint Mumbai

Consumers upbeat despite inflation hit

Surveys signal rising optimism as consumers in Asian peers lag

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3 mins  |
January 26, 2024
World War 3 Not Beyond Realm Of Possibility, Says UNGA President
Mint Mumbai

World War 3 Not Beyond Realm Of Possibility, Says UNGA President

UN General Assembly president Dennis Francis warned that the Red Sea conflict could trigger another World War, and buttressed the need to reform the Security Council.

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2 mins  |
January 25, 2024
Wall Street's Titans Are Betting Big On Insurers. What Could Go Wrong?
Mint Mumbai

Wall Street's Titans Are Betting Big On Insurers. What Could Go Wrong?

How private-markets giants are overhauling the financial system

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8 mins  |
January 25, 2024
Rising Inflation And Layoffs Top Concerns For Indians: Kantar
Mint Mumbai

Rising Inflation And Layoffs Top Concerns For Indians: Kantar

Urban Indians are increasingly concerned about rising inflation and job security, including fears of layoffs, the Kantar India Union Budget Survey 2024, released on Wednesday, said.

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1 min  |
January 25, 2024
Markets At Lifetime High: Is It An Investment Opportunity Or A Risk?
Mint Mumbai

Markets At Lifetime High: Is It An Investment Opportunity Or A Risk?

I suppose it is tempting, if the only tool you have is hammer, to treat everything as if it were a nail" - Abraham Maslow On 16 January 2023, the Sensex reached its all-time high of 73,427 causing the market-to-GDP ratio, also known as the Buffet Indicator, to climb to 120%.

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3 mins  |
January 25, 2024