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Mint Bangalore - March 18, 2025

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En este número

March 18, 2025

Proxy firms advise against reappointing TVS boss

TVS Group supremo Venu Srinivasan's continuation in dual non-executive plus executive roles at flagship two-wheeler maker TVS Motor Co. Ltd has rolled into uncertain territory, with three leading proxy advisory firms recommending that shareholders vote against the resolution for his reappointment.

2 mins

Bajaj Group to buy Allianz stakes in JVs for ₹24,180 cr

The Bajaj Group will buy out Allianz SE's stakes in their two insurance joint ventures for a total of ₹24,180 crore, marking the end of its 24-year partnership with the world's largest insurer.

2 mins

Chase for chill to lift summer-driven biz

Forecast spells demand for beverages, fans, air-conditioners

2 mins

Direct tax mop-up 95% of revised estimate

The Centre has collected ₹21.26 trillion in net direct taxes so far this fiscal year, reaching 95% of the revised full-year target, the Income Tax Department said Monday after the final advance tax instalment deadline.

1 mins

Lower imports narrow trade gap

Falling deficit A fall in imports amid global trade uncertainties and looming US tariffs narrowed India's trade gap to the smallest in over three years in February.

1 mins

Wholesale inflation up in Feb on sticky fuel, power prices

Price boost

1 mins

Rajnath flags concerns on US-based outfit in meeting with Gabbard

Defence minister Rajnath Singh on Monday flagged India's concerns about the activities of US-based secessionist group Sikhs for Justice (SFJ), which has called for the creation of Khalistan, and its links with Pakistan's spy agency Inter-Services Intelligence, during talks with US director of national intelligence Tulsi Gabbard, people aware of the matter said.

1 mins

India Eyes US Trade Deal, No Talks on Reciprocal Tariffs

There's a lack of clarity about which countries the US plans to impose its reciprocal tariffs on

2 mins

Nivara gets ₹245 cr in a round led by True North

Nivara Home Finance Ltd has raised ₹245 crore in its series B round led by private equity firm True North.

1 mins

Vedantu eyes IPO as offline play drives path to profits

Edtech startup expects to see its first cash-flow positive quarter in January-March

3 mins

HDFC Life: Tad ahead of the rest

Life insurance companies have posted disappointing numbers for February. Life Insurance Corp. of India Ltd (LIC) is the biggest drag. It still accounts for nearly one-third of the industry's total annual premium equivalent (APE) based on FY25 data till date, so any significant drop in its performance has a big impact on total industry data.

2 mins

SBI Shelves $1.7 Billion Fundraising

State Bank of India (SBI), the country's largest lender by assets, is shelving plans to raise funds this fiscal year, discouraged by elevated bond yields despite a policy rate cut and liquidity boost from the central bank, three sources aware of the matter said on Monday.

1 mins

New Religare board seeks governance review, funding

The board has asked the Burman group for a ₹30-40 crore loan in order to meet short-term needs

1 mins

Dull finish for tile stocks as cos brace for muted end to FY25

Cracks have deepened in the share prices of listed tile makers. Slower offtake due to sluggish demand and margin pressure amid industry headwinds signal a tepid finish to FY25.

1 mins

Blackstone's open offer for Kolte-Patil

Global investment firm Blackstone has launched an open offer to acquire up to 26% stake in Pune-based realty firm Kolte-Patil Developers Ltd from public shareholders for ₹758.56 crore.

1 mins

Meta vs CCI: NCLAT to rule on WhatsApp data privacy dispute

NCLAT to decide whether to hear Meta's appeal before or after the new data protection rules take effect

1 mins

Adanis get HC relief in 1999 stock fraud case

Bombay High Court quashes SFIO probe linked to Ketan Parekh scandal

2 mins

Shows with high viewership aren't always audience favourites

Some shows on streaming platforms may have gained high viewership from the hype built around them and generous marketing spends, but these web originals don't necessarily become audience favourites.

2 mins

Maruti, Tata Motors hike prices by up to 4% amid slowing sales

Two of India's largest vehicle makers have announced further price hikes amid struggling sales, which analysts say is an unavoidable move that could further slow demand.

1 mins

Startups tap upswing in luxury travel

As Indians increasingly indulge in luxury travel experiences, a growing number of startups is capitalizing on the trend, offering bespoke experiences to cater to the rising demand.

1 mins

Expectations of safeguard duty drive up steel prices

DGTR last week suggested a 15% duty on the alloy to protect India from cheap imports

3 mins

Intel's New CEO Plots Overhaul of Manufacturing and AI Operations

Intel's incoming chief executive officer (CEO), Lip-Bu Tan, has considered major changes to its chip manufacturing methods and artificial intelligence (AI) strategies ahead of his return to the company on Tuesday, two people familiar with Tan's thinking told Reuters, in a sweeping bid to revive the ailing technology giant.

1 mins

Protectt.ai gets $8.7 mn in round led by Bessemer

Mobile apps cybersecurity startup Protectt.ai said on Monday it has raised around $8.7 million at an undisclosed valuation in a Series-A funding round led by global venture capital firm Bessemer Venture Partners (BVP).

1 mins

Officer's Choice maker plans to add 2-3 brands in FY26

Allied Blenders and Distillers Ltd (ABD) is betting on high-quality aged spirits to overcome stagnation in the Indian liquor market and drive future growth.

1 mins

Creditors Invoke Promoters' Shares as Gensol Tanks 68%

Three creditors wrested 6.96% of the pledged shares as founders failed to provide collateral

3 mins

Trade war with Europe puts $9.5 tn at risk, U.S. firms say

The escalating trade war between the U.S. and Europe threatens a commercial relationship that is worth an estimated $9.5 trillion in two-way trade and investment, say American businesses caught in the crossfire.

2 mins

In Yemen strikes, Trump takes on a group that has outlasted powerful foes

The Houthi movement began in the 1990s as a ragtag tribal insurgency and seized swaths of northern Yemen

5 mins

Silicon Valley invests in Israeli startups in bid for U.S. defense market

Israel's Defense Ministry, Tel Aviv University hosted the country's first defense-tech summit in December

5 mins

Gold, silver rally amid strong cues

Gold and silver prices hit fresh record levels on Monday, rallying ₹1,300 each, tracking strong trends in the global markets amid uncertainty over US tariffs, trade tensions and growing expectations of monetary policy easing by the US Federal Reserve.

1 mins

'Isro plans maiden SSLV launch in '27'

The Kulasekarapattinam spaceport in Tamil Nadu's Thoothukudi district, the second launch complex for Indian Space Research Organisation (Isro) outside Andhra Pradesh, will see the maiden launch with the Small Satellite Launch Vehicle (SSLV) in 24 months,

1 mins

SpiceJet Founder to Infuse ₹294 Crore

SpiceJet on Monday said its founder Ajay Singh will infuse ₹294 crore into the airline through a promoter group entity by way of conversion of warrants into equity shares, following which the promoter group's shareholding will increase to over 33% from the current 29.11%.

1 mins

BCI bars legal ads, influencer promos

The Bar Council of India (BCI) on Monday issued a stern warning to lawyers promoting their services through social media, promotional videos, and influencer endorsements.

1 mins

SFL raises $306 mn from ADB, others

Shriram Finance Ltd (SFL) on Monday said it has secured $306 million in funding from various multilateral and bilateral development financial institutions including the Asian Development Bank (ADB).

1 mins

Rupee jumps to 86.81 against dollar

The rupee appreciated 24 paise to close at 86.81 against the US dollar on Monday on positive domestic equities and weakness of the American currency in the overseas market.

1 mins

Ericsson, others to explore AI in mfg

Ericsson, Volvo Group and Bharti Airtel on Monday announced their research partnership to explore potential prospects of Extended Reality (XR), Digital Twin technologies and artificial intelligence (AI) in the manufacturing sector.

1 mins

Delhi airport operator sues govt

The operator of the Indian capital's international airport, majority owned by GMR Airports, is suing the government for allowing commercial flights from a nearby defence aerodrome, legal papers showed in a case to be heard on Monday.

1 mins

RBI Governor Urges Banks to Adopt AI

The central bank-regulated entities can leverage artificial intelligence internal controls to address consumer complaints on misselling and aggressive practices, the Reserve Bank of India governor Sanjay Malhotra said on Monday.

1 mins

India to take over local polio surveillance unit from WHO

NCDC will assume the responsibility, dismantling the joint programme currently in place

2 mins

The Chinks In India's Solar Armour

To meet its ambitious renewable energy goals, India needs to fix multiple snags first

8 mins

US Will Find It Hard To Walk The Talk, Face Worst Recession Of My Lifetime

The recent slump in the US stock markets has raised concerns about President Donald Trump's economic policies on tariffs, immigration crackdowns and federal budget cuts.

4 mins

Does marriage nullify a will? Key insights

I am a 44-year-old man who recently decided to get married. I have inherited some property from my deceased father, which I want my younger sister to inherit upon my passing, instead of my spouse or any other legal heir.

1 mins

Debt MFs: Should You Take Credit or Duration Risk?

Prioritize mid-maturity corporate bond funds for balanced risk and returns

3 mins

Carney is yet to make his mark, unlike Manmohan

The career path of Canada's new PM bears remarkable parallels with that of India's late central-banker-turned-politician Manmohan Singh. Carney's challenges, of course, differ

2 mins

Require a digital detox? AI assistants could be of help

Digital detox often sounds like an impossible task, especially in a world where screens mediate almost every aspect of life.

3 mins

America's Capacity for Harming Itself Has Suddenly Risen Sharply

Trump's MAGA agenda could end up driving a global shift that makes other countries great again

3 mins

Spark a charging-facility boom to hasten EV adoption

Dedicated power lines and sensible tariffs for EV charging could help crack a chicken and egg problem

4 mins

Do not cement glass ceilings: US attacks on DEI threaten to

Diverse perspectives are necessary for society to keep progressing

3 mins

Full-body splits: A great way to flex your muscles

Full-body workouts, thrice a week, may be the formula for stronger muscles

2 mins

Hit reset: How dopamine fasting can refresh your brain

As compulsive habits like binge watching leave us unfocused and bored, taking short dopamine detoxes can offer respite

3 mins

Understanding the hype for a dose of magnesium

Touted as a cure for stress and sleep, magnesium has become a wellness obsession. Mint explores the science behind the noise

4 mins

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Mint Bangalore Description:

Editor: HT-Digital-Streams-Ltd.

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Idioma: English

Frecuencia: Daily

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