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Mint Mumbai

Non-banks must watch P2P lending practices: RBI

Non-banking finance N companies (NBFCs) should be mindful of poor underwriting standards and risks from increased lending exposure to only one segment, said Reserve Bank of India Deputy Governor Rajeshwar Rao.

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1 min  |
February 10, 2024
Intel India has no plans to make semiconductors: MD
Mint Mumbai

Intel India has no plans to make semiconductors: MD

Intel has no plans to set up a semiconductor fabrication unit in India in the near future and is unlikely to expand its existing manufacturing capacities on other products, said India managing director Santosh Viswanathan.

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2 mins  |
February 10, 2024
Return to office: TCS issues veiled warning
Mint Mumbai

Return to office: TCS issues veiled warning

‘New employees missed out on mentorship, team building, collaboration’

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2 mins  |
February 10, 2024
L&T, Matrix join energy subsidy scheme
Mint Mumbai

L&T, Matrix join energy subsidy scheme

L &T Electrolysers Ltd and Matrix Gas and Renewables Ltd have been awarded subsidies under New Delhi's flagship green hydrogen promotion scheme following a last-minute withdrawal by Jindal India Ltd, a BC Jindal Group company, said one person familiar with the development.

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1 min  |
February 10, 2024
Range of options to cut debt load, says Biocon
Mint Mumbai

Range of options to cut debt load, says Biocon

Co had borrowed to buy US firm for 3.3 bn; Net debt now at 1.1 billion

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2 mins  |
February 10, 2024
Biden's age back in focus after spl counsel report, verbal flubs
Mint Mumbai

Biden's age back in focus after spl counsel report, verbal flubs

President Biden's age and leadership abilities are under fresh scrutiny after a special counsel report on his handling of classified materials said he presented himself as an \"elderly man with a poor memory\", and after he repeatedly confused the names of past and present European leaders at campaign events this week.

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4 mins  |
February 10, 2024
Eggs rise, chicken falls as Sri Lanka, ethanol join mix
Mint Mumbai

Eggs rise, chicken falls as Sri Lanka, ethanol join mix

The surge in egg prices is attributed to the rising cost of feed (corn or maize and soybean meal) owing partly to demand from ethanol makers, and tightening supply in the domestic market following a dramatic rise in exports to Sri Lanka.

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3 mins  |
February 10, 2024
Mint Mumbai

Hero gets a lift in Q3 from premium bikes, festivities

Greater focus on premium products and a strong festive season sent Hero MotoCorp's profits zipping into high-growth territory in the October-December quarter.

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2 mins  |
February 10, 2024
Volume growth to be in focus as costs cool: Tata Consumer CEO
Mint Mumbai

Volume growth to be in focus as costs cool: Tata Consumer CEO

Tata Consumer Products Ltd (TCPL) expects consumer goods companies to start focusing on volume growth in the coming year as commodity costs cool, MD and CEO Sunil D'Souza said, as price-led growth of the recent past takes the back seat.

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2 mins  |
February 10, 2024
Mint Mumbai

Paytm taps ex-Sebi boss, others for advice

Paytm's parent One 97 Communications Friday said it has formed an advisory committee chaired by M. Damodaran, former chairman of the Securities and Exchange Board of India (Sebi). The committee will work with the One97 board on strengthening compliance and regulatory matters.

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1 min  |
February 10, 2024
Mint Mumbai

Maharashtra back as No.1 state adding investors, beats UP

After nine months, has Maharashtra reclaimed the top slot in new investor registrations from Uttar Pradesh (UP).

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2 mins  |
February 10, 2024
Mint Mumbai

I-T pie in revenue to touch 15-year peak

In FY25, I-T to account for 57.4% of Centre's gross tax revenue

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2 mins  |
February 10, 2024
What Gens X, Y, Z Need: Older Women In Fashion
Mint Mumbai

What Gens X, Y, Z Need: Older Women In Fashion

Breaking age barriers will not only help reshape the industry but also serve as a powerful narrative for a generation challenging stereotypes

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4 mins  |
February 09, 2024
Food Inflation May Be Benign This Year: Nestlé 's Narayanan
Mint Mumbai

Food Inflation May Be Benign This Year: Nestlé 's Narayanan

Nestlé India expects food inflation to be more “benign" this year, and the government’s infrastructure spending to boost jobs and incomes, bolstering consumption of essential items, said a top executive at the packaged foods company.

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2 mins  |
February 09, 2024
Amazon's Newest Competitors Are Stepping Into Its Territory
Mint Mumbai

Amazon's Newest Competitors Are Stepping Into Its Territory

Shein, TikTok are seeking to poach Amazon's employees and building out workspaces in the same office tower

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5 mins  |
February 09, 2024
A services-led export strategy holds appeal only up to a point
Mint Mumbai

A services-led export strategy holds appeal only up to a point

Indian policy cant afford to focus on service exports at the cost of our current employment-oriented manufacturing thrust

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4 mins  |
February 09, 2024
A policy pivot is not on the central bank's cards
Mint Mumbai

A policy pivot is not on the central bank's cards

Inflation uncertainty means an extended wait for a shift in RBI's stance that could lead to a rate cut. Luckily, policymakers are placed well to keep their focus firmly on price stability

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2 mins  |
February 09, 2024
Will going 100% cashless raise my health insurance premium?
Mint Mumbai

Will going 100% cashless raise my health insurance premium?

How does the implementation of a 100% cashless network affect my current health insurance coverage? Will my premiums increase as a result? What is the relevance of the network hospital of my insurer now if all hospitals have become cashless.

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1 min  |
February 09, 2024
Mint Mumbai

How to access assets when breadwinner is incapacitated

Sebi has proposed giving more powers to nominees in case the asset owner is incapacitated

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5 mins  |
February 09, 2024
Mint Mumbai

DITCHED BY THE RICH, VODKA NEEDS A NEW SPIRIT

Indians buy tons of cheap vodka, but gin is the runaway leader in consumption growth when it comes to premium white spirits

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8 mins  |
February 09, 2024
Mint Mumbai

SoftBank returns to health with a bump from AI

Global tech investor SoftBank is finally getting something out of AI. SoftBank shares surged 11% Thursday in their biggest daily jump in nearly two years, thanks to a jump in sales at its subsidiary Arm, a giant chipdesign company that has benefited from enthusiasm about artificial intelligence.

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2 mins  |
February 09, 2024
American CEOs visiting China can't escape having to dance on stage
Mint Mumbai

American CEOs visiting China can't escape having to dance on stage

American CEOs traveling to China face big challenges. Perhaps the most terrifying? The local tradition that business leaders dance and sing on stage to huge crowds.

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4 mins  |
February 09, 2024
India to replace its troops in Maldives with technical personnel
Mint Mumbai

India to replace its troops in Maldives with technical personnel

India said on Thursday that it will replace its troops stationed in the Maldives with technical personnel, in a move that could ease strained bilateral relations.

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1 min  |
February 09, 2024
Mint Mumbai

Spectrum sale, rail projects of ₹12,300 crore get Cabinet nod

The Union cabinet on Thursday approved auction of 10,523 MHz of telecom spectrum in multiple bands, including 5G, and aims to mop up ₹96,317.65 crore, minister for information and broadcasting Anurag Thakur said.

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2 mins  |
February 09, 2024
Indian airports seek digital boost: SITA
Mint Mumbai

Indian airports seek digital boost: SITA

Indian carriers are also showing interest in the firm’s tech to cut emissions

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2 mins  |
February 09, 2024
Delhi HC's ruling to hit social media sharing
Mint Mumbai

Delhi HC's ruling to hit social media sharing

Experts say users could face legal action for reposting libellous posts

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2 mins  |
February 09, 2024
Disney+Hotstar picks up
Mint Mumbai

Disney+Hotstar picks up

In December quarter, paid subscriptions have increased—the first time since it lost IPL rights

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2 mins  |
February 09, 2024
For young, rich globetrotters, vacations are me-time
Mint Mumbai

For young, rich globetrotters, vacations are me-time

Young travellers are seeking out luxurious, bespoke, adventurous experiences when they plan holidays

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3 mins  |
February 09, 2024
Mint Mumbai

The new 'it' thing in men's fashion: scoop necklines

Designers and high-street labels are experimenting with a deep-neck trend

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2 mins  |
February 09, 2024
Mint Mumbai

Can Berger Paints sustain margin amid growing competition?

Berger Paints India Ltd outperformed its larger peers on revenue growth in the December quarter (Q3FY24).

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2 mins  |
February 09, 2024