CATEGORIES

Airline CEOs flag Pratt engine issues ahead of peak season
Mint Mumbai

Airline CEOs flag Pratt engine issues ahead of peak season

Long turnaround times at workshops and shortage of engines are aggravating the issue

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1 min  |
March 28, 2023
Investors fret over e-pharma policy
Mint Mumbai

Investors fret over e-pharma policy

The Centre's decision to ban the sale of medicines by online pharmacies has rattled investors, as the move could result in the closure of the firms.

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1 min  |
March 28, 2023
Air India readies 8-10% pay hike on rising competition
Mint Mumbai

Air India readies 8-10% pay hike on rising competition

Pilots, cabin crew to gain first as Tata Group wants to prevent talent from leaving airline

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2 mins  |
March 28, 2023
Weather adds to challenges for farm chemicals makers
Mint Mumbai

Weather adds to challenges for farm chemicals makers

Unseasonal rains, El Nino warning compounds uncertainties for agrochemical manufacturers

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2 mins  |
March 28, 2023
Vi may shut shop on delays in fundraising, tariff hike: Kotak
Mint Mumbai

Vi may shut shop on delays in fundraising, tariff hike: Kotak

Vodafone Idea or Vi stares at a bleak future, including the possibility of \"shutting shop\" due to factors triggered by heightened competition, a domestic brokerage said on Monday. It also expects telecom companies to start hiking tariffs only after general elections in June 2024 as inflation stays above RBI's upper tolerance level.

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1 min  |
March 28, 2023
Margins, the bright spot for FMCG
Mint Mumbai

Margins, the bright spot for FMCG

While FY24 is expected to be the year of margin expansion for fast-moving consumer goods (FMCG) companies, the extent of recovery would vary. This is because of the different raw material baskets that companies have.

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2 mins  |
March 28, 2023
'India's EV sector ready to take off on its own'
Mint Mumbai

'India's EV sector ready to take off on its own'

The timing for climate-tech-focused investments is ripe for market adoption with potential to grow 2-3 times of India’s GDP over the next 5-7 years, said Raj Pai, one of the founders and managing partner at GEF Capital Partners.

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3 mins  |
March 28, 2023
India prepares to develop any kind of vaccine within 100 day
Mint Mumbai

India prepares to develop any kind of vaccine within 100 day

India is working on a pandemic preparedness program that will enable it to develop any kind of vaccine within 100 days. The Ind-Coalition of Epidemic Preparedness Innovations (CEPI) program has been initiated by the department of biotechnology.

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1 min  |
March 28, 2023
India's heat action plans fail in vulnerability assessments
Mint Mumbai

India's heat action plans fail in vulnerability assessments

HAPS are primary policy response to economically damaging and life threatening heat waves.

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2 mins  |
March 28, 2023
More Indians fly premium, business classes as pandemic ebbs
Mint Mumbai

More Indians fly premium, business classes as pandemic ebbs

As travel resumes normalcy after the pandemic, several tour operators and airlines are reporting that demand for business and premium economy tickets has risen compared with the pandemic and pre-pandemic period.

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3 mins  |
March 28, 2023
First Citizens buys much of failed Silicon Valley Bank
Mint Mumbai

First Citizens buys much of failed Silicon Valley Bank

First Citizens Bancshares Inc., one of the nation's largest regional banks, is buying big pieces of Silicon Valley Bank more than two weeks after the lender's collapse sent tremors through the banking system.

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5 mins  |
March 28, 2023
Coca-Cola to bet on rural demand for chilled drinks
Mint Mumbai

Coca-Cola to bet on rural demand for chilled drinks

Coca-Cola Co. is investing significantly in India along with its bottling partners, a top company executive said, as rural electrification and falling poverty open up new markets for its beverages in the country’s vast hinterland.

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2 mins  |
March 28, 2023
'Lender must hear borrower before listing a/c as fraud'
Mint Mumbai

'Lender must hear borrower before listing a/c as fraud'

The Supreme Court on Monday upheld a Telangana high court order from December 2020 that said a borrower must be given a hearing by the lender before an account is classified as fraud.

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2 mins  |
March 28, 2023
Govt may sell Balco stake next fiscal yr
Mint Mumbai

Govt may sell Balco stake next fiscal yr

More than two decades since the privatization of Bharat Aluminium Co. (Balco), the Union government is preparing to sell its remaining stake in the company in the next fiscal year, two people aware of the development said.

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2 mins  |
March 28, 2023
EU near rules for emission-free cars by 2035 after German deal
Mint Mumbai

EU near rules for emission-free cars by 2035 after German deal

After a month of wrangling, the European Union is set to finally agree on landmark rules that will require new cars to have zero emissions after 2035, marking an effective end to the era of combustion cars.

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1 min  |
March 28, 2023
Lenders to proceed with RCap auction
Mint Mumbai

Lenders to proceed with RCap auction

Round 2 likely next week despite Hinduja retracting revised bid

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1 min  |
March 28, 2023
What makes office work feel more meaningful to you?
Mint Mumbai

What makes office work feel more meaningful to you?

In TomorrowMind, the authors provide tips and tricks on how to succeed in the uncertain future of workplace

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3 mins  |
March 27, 2023
Your quiet worker might be the most valuable
Mint Mumbai

Your quiet worker might be the most valuable

They are frequently misunderstood as timid or unassertive. But they can make for successful leaders, great listeners and creative workers

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5 mins  |
March 27, 2023
The US subscription economy is overstretched and may snap
Mint Mumbai

The US subscription economy is overstretched and may snap

Subscriptions for just about everything are simply not sustainable

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3 mins  |
March 27, 2023
Banking turmoil in the West has placed India at a fork in the road
Mint Mumbai

Banking turmoil in the West has placed India at a fork in the road

Lower growth and inflation are now more likely and this calls for Indian policy preparedness against emerging global risks

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4 mins  |
March 27, 2023
Business concentration may pose inflation risks
Mint Mumbai

Business concentration may pose inflation risks

Viral Acharya has flagged a plausible problem of pricing power wielded by India's 'big five' groups but our inflation-targeting central bank must go by its regular monetarist toolkit

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2 mins  |
March 27, 2023
Here are four rules investors need to comply with in April
Mint Mumbai

Here are four rules investors need to comply with in April

Starting April, mutual fund (MF) investors need to adhere to several new compliance requirements.

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2 mins  |
March 27, 2023
Debt mutual funds are no longer more tax-efficient than bank FDs
Mint Mumbai

Debt mutual funds are no longer more tax-efficient than bank FDs

Capital gains on investments made after 31 March in debt MFs to be taxed at investors' income tax slab rate

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3 mins  |
March 27, 2023
WHAT'S BEHIND THE GROWING GLITTER OF GOLD
Mint Mumbai

WHAT'S BEHIND THE GROWING GLITTER OF GOLD

In an easy money world, gold remains a good investment

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8 mins  |
March 27, 2023
Credit Suisse faces threat of probe
Mint Mumbai

Credit Suisse faces threat of probe

Finma has come under scrutiny for whether it should've done more to prevent Credit Suisse's collapse

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2 mins  |
March 27, 2023
RevFin aims 2 mn EVs in 5 yrs
Mint Mumbai

RevFin aims 2 mn EVs in 5 yrs

Electric vehicles (EV) financing digital platform RevFin Services is targeting to finance 20 lakh vehicles in the next five years, with an aim to grow three to four times every year, according to its chief executive & founder Sameer Aggarwal.

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1 min  |
March 27, 2023
Lexus India looks to expand customer base to de-risk biz
Mint Mumbai

Lexus India looks to expand customer base to de-risk biz

Luxury carmaker Lexus is looking to expand its customer base in India, enhance sales infrastructure as part of its strategy to grow sales in the country which is expected to see the premium segment return to pre-covid levels this year, according to a top company official.

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1 min  |
March 27, 2023
No mass layoffs at Flipkart: Raghavan
Mint Mumbai

No mass layoffs at Flipkart: Raghavan

Flipkart is not among the companies that hire thousands and then lays off people to reduce headcount, said chief people officer Krishna Raghavan.

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2 mins  |
March 27, 2023
Govt eyes ₹3k cr from sale of former AI units
Mint Mumbai

Govt eyes ₹3k cr from sale of former AI units

Alliance Air sale unlikely this year as govt does not see much appetite for it

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2 mins  |
March 27, 2023
'The Spy Universe is going to be a big focus area for Yash Raj Films'
Mint Mumbai

'The Spy Universe is going to be a big focus area for Yash Raj Films'

Following a series of box office flops in 2022, since the reopening of theatres post-covid, Yash Raj Films, one of the oldest and reputed studios in India, has finally tasted success with action drama Pathaan and is now increasingly focusing on the spy universe and franchise films, chief executive Akshaye Widhani said in an interview.

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5 mins  |
March 27, 2023