CATEGORIES

Credit for music scores remains a jarring note in Bollywood

A recent social media uproar against audio streaming platforms that did not credit music composer duo Nadeem Shravan for old T-Series productions such as Aashiqui and Dil Hai Ki Manta Nahin has brought to light Bollywood’s mixed track record in this respect.

Fidelity boosts Meesho valuation to $5 bn

This followed the Boston-headquartered firm marking up the valuation of its September 2021 investment in the social commerce platform to $43.24 million, according to Fidelity's filings with the Securities and Exchange Commission for the period ended 31 July.

HDFC Bank readies home loan strategy

Following the merger with Housing Development Finance Corp., HDFC Bank is gearing up for the festival season, eyeing a 20% plus year-on-year (y-o-y) growth in home loan disbursals in the three months through September.

Adani stocks, bonds fall after report; volatility may continue

Adani Group stocks and bonds fell after global news reports alleged insiders invested in group shares in violation of regulatory norms on minimum public shareholding.

Byju's, lenders postpone legal battle; aim for out-of-court solution

Edtech company Byju’s and its term loan B lenders have decided to postpone an ongoing disagreement in the US courts until 6 October. This extension aims to provide more time to achieve an out-of-court resolution, according to a document seen by Mint.

More opening up is required from India, says UK minister

India will have to do \"more things\" to match the UK’s far more open economy as they negotiate a free trade agreement (FTA), UK’s Secretary of State for Business and Trade, Kemi Badenoch said.

Road work slows despite steep targets

Highway construction continues to sputter in the slow lane even as the government pushes for a record target showcase progress ahead of the 2024 general elections.

Govt calls special Parliament session on 18-22 September

Politicians, pundits and commentators went into a tizzy on Thursday after the government announced a special session of Parliament from 18-22 September.

Adani Group faces fresh allegations on offshore funds

The Adani Group faced fresh allegations of opaque financial dealings after a global network of investigative journalists published a report alleging that the company invested millions of dollars in its own companies through secret offshore structures.

Viacom18 wins BCCI media rights for ₹5,963 cr

Viacom18 Media Pvt. Ltd, a unit of Reliance Industries Ltd (RIL), secured the media rights for all bilateral cricket matches to be played in India during the next five years for ₹5,963 crore through the e-auction conducted by the Board of Control for Cricket in India (BCCI) on Thursday.

GDP expands 7.8% on services boost

Strong momentum in July too; food inflation may fall: CEA

'G20 Can't Ignore Russia's War'

Germany will not sign a joint statement that ignores Russia’s war of aggression against Ukraine, said Germany’s G20 sherpa Jorg Kukies.

'ChatGPT Still No Match For Human Intelligence'

ChatGPT may be able to answer straightforward and simpler questions, but it is still no match for human intelligence, cybersecurity company Kaspersky Lab's chief executive officer Eugene Kaspersky said.

Tesla Ordered To Address New Concern About Autopilot Setting

Tesla Inc is facing increased scrutiny from federal regulators over its driver-assistance system known as Autopilot, with investigators demanding to know if the electric carmaker has made it easier for drivers to take their hands off the wheel.

Google Pilots India Version Of Search Powered By Gen AI

Google on Thursday announced an India-tuned version of its generative artificial intelligence (AI)-powered version of its primary product, Search.

Women cinema workers make their voices heard

Women in the Hindi film industry are banding together for equality

Office mandates may be going against gender equity at home

A pandemic era trend of better burden sharing stares at a reversal

Populist policies can be myopic and also very hard to challenge

Public approval can be won with sound-bytes while economists struggle to explain complex adverse effects that go unseen

Spare a thought for our food delivery personnel

An NCAER survey confirms the raw deal they're saddled with. Glaringly, their real wages shrank over a three-year span after 2019. Intervene or not, only a jobs boom can sort this out

Military stages coup in Gabon, president under house arrest

Rebel officers in the oilrich central African state of Gabon announced on Wednesday they had seized. power following disputed elections in which president Ali Bongo Ondimba, in power since 2009, had been declared victor.

China moves to stabilize troubled shadow bank

Citic Trust and CCB Trust, two of the country's biggest financial firms, will lead the effort

Titan plots wider play in premium watches

Jewellery and watch maker Titan Co. is increasing its focus on premium watches priced at ₹25,000 or above.

'Incentives key for alternative fuel tech'

Toyota Kirloskar Motor Pvt. Ltd, the Indian unit of Japanese automotive giant Toyota Motor Co., has urged the government to offer incentives for alternative vehicle technologies, such as flex fuels, electrified hybrids, and ethanol-run vehicles, in addition to battery electric vehicles (BEVs), a senior company official said.

Go First lessor moves NCLAT

Jackson Square Aviation Ireland Ltd, the lessor for the grounded airline Go First, has moved the National Company Law Appellate Tribunal (NCLAT) seeking directions to prevent its parked aircraft from being used for flying by the airline, a counsel connected to the case confirmed to Mint.

RBI urges urban cooperative banks to strengthen governance

The Reserve Bank of India (RBI) has called on the directors of urban cooperative banks (UCBs) to enhance their governance practices, focusing on risk management, compliance and internal audit.

MCA changes delayed, FY23 filing in old forms

The development comes as a relief for professionals in corporate sector

RBI allows top BCCL shareholder to surrender NBFC licence

Bharat Nidhi Ltd, the largest shareholder of Bennett, Coleman & Co. Ltd (BCCL) (as of FY22), was recently able to give up its non-banking financial company (NBFC) licence, nine years after it first wrote to the Reserve Bank of India (RBI) in 2014.

Dunzo postpones pending June, July salary payments to October

Dunzo Digital Pvt Ltd, the Reliance and Google-backed quick commerce startup, has pushed pending employee salary payments of June and July to October, according to a person familiar with the development.

Agrochem cos worry over rain, dam levels

After a weak Q1 performance, agrochemical manufacturers are staring at challenges in Q2 as well owing to a slowdown and uneven distribution of monsoon, deficient reservoir levels and flat crop acreage.

Startify founder eyes Gulf expansion for Indian D2C brands

Sudhir Syal has promoted Irish band Westlife’s concert in Dubai and sold premium eyewear in the Middle East. He will soon promote corn chips as well as fashion and personal care products in the region. But there’s a big difference this time.