CATEGORIES

Nestlé casts net wider with ₹10 Maggi noodles

Nestlé India Ltd’s noodle brand Maggi is making a big comeback at the ₹10 price point, as the packaged consumer goods company aims to stave off competition and claw back market share in smaller towns and villages with an attractive price point.

In speech of conciliation, PM Modi lauds Nehru

Prime Minister Narendra Modi opened a special session of Parliament on Monday with an emotive speech, for the last time from the old Parliament house, in which he paid rich tributes to the country’s democratic traditions and recalled contributions of all former prime ministers—Jawaharlal Nehru and Atal Bihari Vajpayee to Manmohan Singh—and said the colonial-era premises will remain a “source of inspiration\" and “place of pilgrimage\" for all time to come.

Digitization, new forms boost direct tax mop-up 23.5%

Digitization, new forms boost direct tax mop-up 23.5% NEW DELHI : The government has collected ₹8.65 trillion in direct taxes up to 16 September after accounting for tax refunds, making up more than half of its annual target, the Central Board of Direct Taxes (CBDT) said in a statement.

Tata Sons eyes 2025 IPO for NBFC arm

Board expansion, merger with units set path for Tata Capital IPO

Clean aviation will take more than just biofuels

As prime mover of the Global Biofuel Alliance, India hopes to become a major supplier of sustainable aviation fuel. Whether bio-blends can clean up the sector, though, is unclear

Are multi-asset funds the right product in a soaring market?

Fund houses have launched multi-asset funds that invest across different asset classes, but their allocations vary

From Russia with drones: Kim Jong Un heads home

The North Korean leader ended his week-long trip amid fears in the West of an arms deal

Buy ships to transport energy: Govt to oil cos

Freight charges are key to calculations of retail prices of petrol and diesel

Weak pharma growth in Q2 sparks concerns

Weakness in domestic growth is driven by slow growth in the acute segment

Small-caps are flavour of the season across emerging markets

With the final quarter of 2023 approaching, one winning strategy in emerging markets is becoming clearer: buying shares in smaller companies

Trade winds carry no goods cheer in August

Goods trade marked another month of lacklustre performance. Trade deficit widened to a 10-month high of $24 billion in August as import and export performance remained dismal

Tata Motors cannot shake off rivals with Nexon facelift alone

The competitive intensity in India’s sport utility vehicle (SUV) segment is rising

'Bear market in crypto, TDS deal double blow for sector"

The Indian crypto industry is reeling - With the new taxation norms announced in Budget 2022-23, and the global turmoil around multiple cryptocurrencies leading to bankrupt trading platforms, many crypto founders and platforms, have decided to shift shop to countries with a clear and robust regulatory framework for virtual digital assets

India, Brazil begin talks to resolve sugar-related trade dispute at WTO

India and Brazil have started talks to mutually resolve a sugar-related trade dispute at the World Trade Organization (WTO)

Tech inputs duty review soon

The government is set to rationalize tariffs for inputs and sub-components used for making electronics goods, according to minister of electronics and information technology Rajeev Chandrasekhar

PM Vishwakarma takes off with ₹13K crore for artisans

PM Modi launches scheme for collateral-free credit up to 3 lakh, incentives, upskilling

Amrita Sher-Gil's The Story Teller fetches record ₹61.8 cr

An Amrita Sher-Gil painting titled The Story Teller, signed and dated 1937, fetched a staggering ₹61.8 crore, etching its name in history as the most expensive Indian artwork to be auctioned

Gentari, Edelweiss, Actis vie for O2 Power solar projects

Three large bidders have entered the last lap for acquiring solar projects totalling 350 megawatts (MW) from O2 Power, promoted by Singapore’s Temasek and European alternative asset manager EQT, two people close to the development said

The planet can't afford another China: NITI Aayog's Suman Bery

India must follow mindful and environmentally conscious consumption and production rather than the single-minded pursuit of growth at any cost, federal policy think tank NITI Aayog vice chairman Suman K. Bery said in an interview

PLI in the works for heavy equipment

The Union government is working on a production-linked incentive (PLI) scheme worth ₹12,000 crore for heavy machinery used in mining and construction, two people aware of the development said

Govt may hike rabi crops' MSP by 2-7%

The proposals by a panel on farm prices await Cabinet approval

Mfg firms lead IIT placements

Electronics giant Samsung, consulting and IT services leader Accenture and manufacturing conglomerate Larsen & Toubro (L&T) are among the early recruiters at the youngest Indian Institutes of Technology (IITs) this year, placement executives said. The compensation offered ranges from ₹6 lakh to ₹48 lakh

Paddy lifts kharif acreage above 2022 level; pulses, oilseeds fall

Kharif sowing exceeded the levels of last year led by a surge in paddy while pulses and oilseeds fell, at a time the erratic south-west monsoon has cast a shadow over this year’s sowing and harvest

Total in talks to invest in Adani Green RE projects

TotalEnergies SE is in talks to invest in renewable energy projects developed by Adani Green Energy Ltd, people familiar with the matter said, potentially marking the first public deal between the French oil giant and Gautam Adani since a short-seller levelled fraud allegations against the Indian billionaire's business empire

Bulls drive Sensex to record streak

The BSE Sensex is poised to log its longest winning streak as retail investors continue to plough money into the markets

Tata Steel wins UK aid for Port Talbot

£500 mn to help electric shift; transition may erode some jobs

Dixon to open plant for Xiaomi

Noida-headquartered contract manufacturing firm, Dixon Technologies (India) Ltd, is in the process of inaugurating the setting up of a 1 million square-foot assembly facility for Chinese electronics brand Xiaomi, two people with knowledge of the matter told Mint

'Will stay at top end with our EV offerings"

Mercedes-Benz’s global EV strategy is to exit the volume segment play

Dabur eyes ₹12k cr from home, healthcare

Dabur India Ltd, the packaged consumer goods company, is seeking to achieve ₹17,000 crore revenue from its home and personal care business, and another ₹5,000 crore from its healthcare portfolio in the medium term, said a top executive

Gati Shakti to help speed up auction of critical minerals

States allowed to access their own records or data from PM Gati Shakti to demarcate zones