Mint New Delhi - March 21, 2025

In dieser Angelegenheit

March 21, 2025

ICE auto parts cos may trip as electric shift gathers speed

India's auto parts manufacturers are bracing for an uncertain future as large automakers boost production of electric vehicles (EVs) at the expense of petrol and diesel models, in a shift that is transforming the requirements for components and increasing the role of technology.

2 mins

'Anti-woke' in the US, DEI at home: The new playbook for European companies

Companies with operations on both sides of the Atlantic have a new formula when it comes to DEI—and it depends on the location.

3 mins

Fake job posts alarm India Inc.

A fake job post on LinkedIn forced Nestlé India Ltd chairman and managing director Suresh Narayanan to debunk the scam.

2 mins

Accenture Spots Rise in Uncertainty in US

Accenture Plc became the first IT industry major to call out macroeconomic uncertainty in the US, the world's top technology market, during a post-earnings interaction with analysts on Thursday.

2 mins

Street Has a Spring in the Step, But No Bottom Yet

Indices recover due to short-covering, even as FPI selling remains relentless

3 mins

Indians eye Dutch aid for deep-sea mineral exploration

Some Indian mining and cement companies have approached Dutch shipbuilder Royal IHC for technical assistance as they prepare to bid for deep-sea mineral blocks up for auction, two persons with direct knowledge of the matter told Reuters.

1 min

Show Sensitivity to Honest Taxpayers, Panel Tells IT Dept

Tax authorities should be \"sensitive\" to the hardships faced by honest taxpayers due to wrong or inflated demands and take feedback from the public to improve faceless assessments, the parliamentary standing committee on finance said in a report submitted to the lower house on Wednesday.

1 min

Centre has 14.3GW of nuclear power capacity in the pipeline

Nuclear power projects that will add 14.3GW of renewable energy capacity are in different stages of implementation in India, the power ministry told Parliament on Thursday.

1 min

Green certification gets tighter from Aug

The move is part of the govt's efforts to sensitize businesses about environmental obligations

2 mins

India, US likely to side-step WTO principle in trade pact

The reduced tariffs under the pact for mutual gains may not extend to other WTO members

2 mins

Redefining wealth protection in urban India Aurms vision for smart wealth-tech solutions

Successful businesses aren't built by following trends—they are built by solving real problems that impact people's lives. This is what Aurm is doing—revolutionising wealth protection with smart, automated, and easily accessible safe deposit lockers located within gated communities

4 mins

Liqvd Asia acquires AdLift for ₹50 crore

Digital-first advertising agency Liqvd Asia has acquired performance marketing and SEO agency AdLift for ₹50 crore in a deal structured in two parts with a maximum 18-month gap between the tranches.

1 min

Zepto looks at ways to build stronger cold chain logistics

Company has invited experts in the fresh or cold supply chain to collaborate in its drive

3 mins

Bain to buy 18% stake in Manappuram

Based on the open offer subscription, Bain Capital's stake post-investment will vary between 18% and 41.7%

1 min

Rupee Sees Longest Streak of Gains in a Year

The Indian rupee rose for the seventh straight session on Thursday, its longest winning streak since January 2024, as persistent dollar sales by foreign banks and paring of short bets on the currency helped it weather a stronger dollar.

1 min

Varun Beverages ramping up capacity amid a pricing war

Gaining muscle

1 min

Valuations clip IndiGo's wings

On cloud nine

2 mins

Hindalco eyes new brand identity to unlock value

Pai expects the higher margins of this business and its value-added nature to enrich Hindalco's valuations

2 mins

GHCL Plans New Soda Ash Plant to Boost Share in Solar Glass Market

Industrial chemical maker GHCL Ltd is looking to tap India's fast-expanding solar energy space with a new soda ash plant in Gujarat's Kutch region that will eventually double the company's current production capacity.

1 min

Amazon, Flipkart Flouted Quality Law

Retail giants Amazon and Walmart-owned Flipkart have violated quality control rules by stocking products that did not have the required standards certificate, India's government-run product certification agency said on Thursday.

1 min

Ibis is no more a budget brand but a mid-market chain: CEO

Ibis, which competes with Indian Hotels' Ginger and Bloom brands, saw its revenue growing by 14% last year

2 mins

Air India eyes fresh widebody jets to boost global footprint

Air India is exploring a fresh multi-billion dollar order for dozens of widebody jets from Boeing and Airbus, industry sources said, furthering the former state carrier's transformation under new owner Tata Group.

1 min

IndiGo Targets 200 Mn Fliers

Airline plans global expansion with 600 aircraft, more business seats and a 40% share of India's outbound traffic

2 mins

PayU Buys 43.5% Stake in Payment Tech Firm Mindgate

PayU, the payment and fintech arm of Amsterdam-based investment firm Prosus, has acquired a 43.5% stake in Mumbai-based Mindgate Solutions for an undisclosed sum.

1 min

MF Husain's Gram Yatra smashes Indian art sale record

An untitled work (Gram Yatra) of celebrated artist MF Husain, largely unseen since its creation more than 70 years ago, has become the most expensive modern Indian painting to be sold, fetching $13.75 million at an auction in New York on Wednesday evening.

2 mins

Weight loss drug Mounjaro debuts, rivals in hot pursuit

US company is pricing the anti-obesity treatment from ₹14,000 to ₹17,500 a month in India

2 mins

Driving diversity through governance

Indian companies must move beyond mere compliance to genuine inclusion and skill development, said leaders at the Mint CEO roundtable

3 mins

Diversity Can't Be Just a Tick Mark

When the government and Sebi planned to introduce the concept of at least one woman director on the boards of listed companies, the idea was to encourage diverse opinions so that there is an aspect of challenging each other on a board.

1 min

Trump floats idea of U.S. owning Ukrainian power plants as he pushes cease-fire

Ukraine operates 15 nuclear reactors in four nuclear power plants across the nation: Nuclear Energy Agency

2 mins

Israel Moves Ground Troops Back Into Gaza Strip

The troop movements further roll back gains Hamas made under a two-month cease-fire

4 mins

Fed Projections See an Economy Dramatically Reset by Trump's Election

Months ago, policymakers presumed 2025 would simply be about getting to the soft landing

5 mins

Adani in talks to buy Emaar India

Billionaire Gautam Adani's group is in advanced talks to acquire real estate company Emaar India for an enterprise value of around $1.4-1.5 billion as it looks to expand its property business, people aware of the matter said.

1 min

BMW, Renault to hike prices from Apr

BMW Group India on Thursday said it will increase prices by up to 3% across the BMW and MINI car range from next month.

1 min

Sebi Mulls Changes in Esop Rules

With an aim to streamline the processes for public issues, markets regulator Securities and Exchange Board of India (Sebi) on Thursday proposed giving clarifications on minimum holding period for equity shares in Offer for Sale (OFS) as well as on employee stock options (Esops) for founders classified as promoters.

1 min

Allianz, Jio Financial Reach Initial JV Deal

Billionaire Mukesh Ambani's Jio Financial Services Ltd, has reached a preliminary agreement with Allianz SE to form an insurance business in India, according to people familiar with the matter.

1 min

Anup Kumar Saha is Bajaj Fin's new MD

Bajaj Finance on Thursday named Anup Kumar Saha as its managing director, replacing Rajeev Jain.

1 min

US Navy Admiral holds talks with India's top civil, military brass

Ways to further advance the India-US military ties, including a likely renewal of a 10-year defence framework, figured prominently in talks Admiral Samuel J. Paparo, the commander of the US Indo-Pacific Command, held with India's top civil and military brass this week.

1 min

Delhi HC rejects Adani arm's plea

The Delhi high court has dismissed a plea by Adani Global Air Cargo Solutions, a subsidiary of the Adani Group, seeking annulment of the e-tender for developing a new cargo terminal at the Kolkata airport.

1 min

Meeting between Modi, Yunus unlikely on Bimstec sidelines

The two leaders will attend Bimstec summit to be held in Bangkok during 3-4 April

2 mins

When Controversy Kills a Movie, His Studio Buys It

He released a movie about Trump over his objections, and the star of his latest movie was convicted of assault.

7 mins

Reits vs real estate: Which is the better way to build wealth?

Over the past six months, my investments in mutual funds and equities have been affected by macroeconomic instability, resulting in losses.

2 mins

Buy the world: Decoding Devina Mehra's winning global portfolio

Themes always change, nothing lasts. No country, asset class, sector, or investing style works forever Devina Mehra Founder, chairperson & MD, First Global Group

5 mins

GOLD ETFs OR PHYSICAL GOLD: WHAT'S A SMARTER STRATEGY?

Gold ETFs offer a viable cost-effective alternative, offering safety and liquidity

3 mins

India needs strong data to address climate-health risks

India is witnessing an early heatwave this year, with west-coast temperatures soaring.

3 mins

What India's Consumption Data Tells Us About Economic Trends

Recent HCES rounds don't let us track poverty-level changes but confirm a crisis of poor earnings

3 mins

Will US academia and businesses speak up against Trump policies?

Today's clear and present dangers to American advancement and prosperity require influential leaders to voice their protest

3 mins

Educators, techies and leaders all need to reboot for AI

On 30 November 2022, technology started talking back. It was the day when OpenAI unleashed ChatGPT into the wild. It wasn't just another tech launch—it was a cultural mic drop. The buzz spread faster than a meme, and before long, millions were typing their first 'prompts,' marvelling at this new digital oracle.

3 mins

Bling battle: US luxury brands can challenge European labels

Coach and Ralph Lauren are showing us they've got what it takes

3 mins

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