Mint Mumbai - November 22, 2024Add to Favorites

Mint Mumbai - November 22, 2024Add to Favorites

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November 22, 2024

Amid rising pollution, EV sales fall off a cliff in Delhi

No sop, no deal. That appears to be the message coming through from dismayed consumers in Delhi after the state government failed to renew road tax and registration benefits on electric cars and two wheelers this September.

Amid rising pollution, EV sales fall off a cliff in Delhi

2 mins

New-look CPI may sport price data from e-commerce

India's new-look consumer price index (CPI) may include data from e-commerce platforms, among a wider set of items, to make it more representative of price changes in the economy. The government will also set a new base year to refine the index that is used to set and revise benchmark interest rates.

New-look CPI may sport price data from e-commerce

3 mins

US indicts Adani in solar power probe

Indictment says officials bribed to win solar power contracts

US indicts Adani in solar power probe

3 mins

Goyal bats for raising quality, innovation

Goyal outlined a road map for India's journey to becoming a developed nation through innovation

Goyal bats for raising quality, innovation

2 mins

Modi May Launch Internship Scheme On 2 December

The prime minister is expected to hand out some of the initial placements at the event

Modi May Launch Internship Scheme On 2 December

2 mins

NGEL, Andhra in green energy deal

NTPC Green Energy Ltd (NGEL) has signed a joint venture (JV) agreement with New & Renewable Energy Development Corporation of Andhra Pradesh Ltd (NREDCAP) for development of green energy projects.

1 min

Global climate finance deal remains deadlocked as COP29 nears end

Talks on a dramatically raised finance deal at the COP29 meeting in Baku remained deadlocked, with a draft text failing to mention the amount even as the clock ticked away on the summit that ends on Friday.

Global climate finance deal remains deadlocked as COP29 nears end

2 mins

AQI 37l: Centre lists steps for Delhi staff

An order issued by the Union personnel ministry advised employees to go for carpooling, public transport

1 min

Moglix acquires Khatema Fibres for ₹80 crore

The acquisition comes amid a global shift from plastic to recyclable, plant-based materials in packaging

Moglix acquires Khatema Fibres for ₹80 crore

1 min

Ola Electric set to let go of 500 employees

Electric two-wheeler maker Ola Electric is set to let go of nearly 500 employees across teams as part of a restructuring exercise to improve margins and profitability prospects, a person in the know of the matter told Mint.

Ola Electric set to let go of 500 employees

1 min

'Startups must focus on getting good partners'

Founders rushing after valuations is a big problem, Says Lenskarfs Bansal

'Startups must focus on getting good partners'

2 mins

Why AI 'Hallucinations' Are Likely To Stay

Microsoft-backed OpenAI is no stranger to lawsuits. The soaring reach of its large language model (LLM)-based chatbot, ChatGPT, has continually rattled media houses, artists, and content creators globally, prompting them to initiate legal action for copyright infringement.

Why AI 'Hallucinations' Are Likely To Stay

2 mins

Equity investors lose ₹5.27 trillion

Investors' wealth plummeted by 5.27 trillion on Thursday in line with markets fall following a sharp decline in Adani group stocks.

Equity investors lose ₹5.27 trillion

1 min

Kolkata-based Crizac refiles papers for ₹1,000 crore IPO

Kolkata-based student recruitment solution provider Crizac Ltd has refiled papers with market regulator Securities and Exchange Board of India (Sebi) for an initial public offering (IPO).

Kolkata-based Crizac refiles papers for ₹1,000 crore IPO

1 min

Vedanta halts bond sale plans after Adani volatility

Vedanta's decision came after the US indictment of Gautam Adani fuelled market volatility

Vedanta halts bond sale plans after Adani volatility

1 min

Price stability is key to sustained economic growth: RBI's Das

Price stability is just as crucial as growth to reduce uncertainty and encourage savings and investment, which in turn would boost economic growth, India's central bank chief insisted.

Price stability is key to sustained economic growth: RBI's Das

2 mins

Belrise files for ₹2,150 cr IPO

The company plans to use the money raised from the public issue to fund its repayment of debt

1 min

Lemon Tree's renovation leaves little room for re-rating

Lemon Tree Hotels Ltd has started to reap benefits from the growing demand for premium hotels, but its aggressive renovation plan is hurting its profitability.

1 min

Waaree's H1 is a reality check

The half-year (H1FY25) earnings of recently listed Waaree Energies Ltd, the largest solar module manufacturer in India, came as a rude shock to investors.

Waaree's H1 is a reality check

2 mins

Uniqlo India plots rapid expansion plan

Uniqlo India plans to accelerate its expansion in India, aiming to open more stores in the coming years.

Uniqlo India plots rapid expansion plan

2 mins

$25O mn Adani bribery saga: Whistleblower tip to WA trail

Adani group has refuted the allegations by the US Department of Justice and US SEC, terming them as 'baseless'

$25O mn Adani bribery saga: Whistleblower tip to WA trail

6 mins

Zepto's 3rd raise in 6 months nets $350 mn

The funding round marks the largest fully domestic raise in India's startup ecosystem to date

1 min

Adani group faces multi-jurisdiction legal war: Experts

The US indictment of billionaire Gautam Adani in a $250 million bribery scheme may set the stage for a lengthy legal battle involving multi-jurisdictional defence.

Adani group faces multi-jurisdiction legal war: Experts

1 min

US indictment rocks Adani stocks, bonds

Investor sentiment shaken as charges against Adani led to market losses

US indictment rocks Adani stocks, bonds

2 mins

Citadel Securities to hire India ops head

Citadel Securities LLC plans to hire a head for its India operations and add more traders, according to people familiar with the matter, as the market-making giant expands its presence in one of the largest equity markets globally.

1 min

CEO candidates quizzed on new topics as role gets bigger

Candidates must ace up to 11 grueling interview rounds over a year as firms cut bad-hire risk

CEO candidates quizzed on new topics as role gets bigger

3 mins

Southern films go pan-India with casts that span linguistic divides

Rajinikanth's Vettaiyciun features Amitabh Bachchan, Rana Daggubati and Fahadh Faasil alongside him

2 mins

Japan's Rakuten expects growth from Open RAN

Rakuten Symphony had deployed about 5,000 femtocells in Bharti Airtel's 4G network prior to 2021

Japan's Rakuten expects growth from Open RAN

1 min

Tata Power inks pact with ADB

Tata Power has tied up with the Manila-based development lender for clean energy projects worth $4.25 billion

Tata Power inks pact with ADB

2 mins

An immigration crackdown risks sapping farms, vital source of labor

The agriculture industry is working to avert a potential labor crunch following threats from President-elect Donald Trump to launch a mass deportation of migrants after he takes office.

An immigration crackdown risks sapping farms, vital source of labor

4 mins

Nvidia's sales soar in third quarter as AI spending boom barrels ahead

Nvidia's sales surged in its latest quarter and profits nearly doubled, a sign of the strength of an artificial intelligence boom that has made the company the world's most valuable.

Nvidia's sales soar in third quarter as AI spending boom barrels ahead

3 mins

Google should be forced to sell Chrome browser, Justice Department says

Google would also be forbidden from paying to be the default search engine on any browser

Google should be forced to sell Chrome browser, Justice Department says

4 mins

Need $30 bn in EV charging growth

India needs investment worth $20-30 billion in the EV charging infrastructure to double the pace of growth of the segment, industry body IESA said on Thursday.

1 min

'Weak rupee no substitute for R&D'

Chief economic adviser V. Anantha Nageswaran on Thursday advised India Inc. not to seek protective cover of weak currency as it is not a substitute for productivity and investment in research and development.

1 min

Sebi amends AIF rules for investors

Markets regulator Sebi has amended alternative investment funds (AIF) rules directing them to grant investors' rights in investment and distribution of proceeds in proportion to their commitments in a scheme.

Sebi amends AIF rules for investors

1 min

NTPC Green Energy IPO bids reach 93%

The initial public offer of NTPC Green Energy Ltd, the renewable energy arm of NTPC, got subscribed 93% on the second day of bidding on Thursday.

1 min

ACC, NLC, 3 more secure coal mines

NLC India Ltd, ACC Ltd, and JSW Energy Utkal Ltd are among the five companies that have bagged five mines on the first day of the tenth round of commercial coal mine auction, according to an official statement issued on Thursday.

1 min

Pvt telcos stumble; BSNL steals the win

Private telcos Reliance Jio, Bharti Airtel and Vodafone Idea cumulatively lost over 10 million wireless subscribers in September, even as state-owned BSNL surprised with net adds of almost 8,50,000 mobile users, as per monthly data released by Trai.

Pvt telcos stumble; BSNL steals the win

1 min

Khan Market on global retail map

Khan Market, an upscale retail area in New Delhi, retained its position among the costliest high-street retail destinations worldwide buoyed by the nation's strong economic growth.

Khan Market on global retail map

1 min

Hyundai India to set up two RE plants

Hyundai Motor India Ltd (HMIL) on Thursday said it will set up two renewable energy plants at its vehicle manufacturing unit in Tamil Nadu as part of the company's move to transition to 100% renewable electricity across manufacturing operations by 2025.

1 min

Byju's founder accused of plan to regain co with hidden cash

Byju Raveendran has been trying to regain control of his capsizing edutech empire

1 min

Starbucks explores stake sale in China

Starbucks Corp. is exploring options for its Chinese operations, including the possibility of selling a stake in the business, according to people with knowledge of the matter.

Starbucks explores stake sale in China

1 min

GOING SOFT: INSIDE INDIA'S COTTON WOES

Pests, diseases and falling yields are pushing farmers away from cotton. Whats at risk?

GOING SOFT: INSIDE INDIA'S COTTON WOES

8 mins

Navigating Muslim personal law, inheritance, estate plan

Inheritance laws override nomination under personal law, but trusts and gifts offer a way out

4 mins

TAX BREAKS, REFORMS & RETURNS: NRIs BETTING BIG ON INDIA

GIFT City could be an attractive destination for efficient cross-border financial investments

TAX BREAKS, REFORMS & RETURNS: NRIs BETTING BIG ON INDIA

2 mins

Are all overseas OPD expenses covered under travel insurance?

Can I claim treatment costs while abroad under travel insurance if it's not a hospitalization but treated in an OPD, including doctor consultations, X-rays and medicines?

Are all overseas OPD expenses covered under travel insurance?

2 mins

DPI serves as a catalyst for innovation and competition

Some scholars and practitioners have argued that digital public infrastructure (DPI) could lead to monopolization and stifle private innovation by creating large government-controlled platforms that overshadow private players.

3 mins

India's tourism target is reachable if we try hard

India aims to attract 100 million foreign visitors annually by 2047, more than 10 times last year's count. What must we do to bring this eye-popping visitor target within realistic reach?

India's tourism target is reachable if we try hard

2 mins

Nuclear energy is back in vogue thanks to AI's insatiable demand

AI poses a conundrum as it promises to worsen and help us address climate change at the same time

Nuclear energy is back in vogue thanks to AI's insatiable demand

3 mins

Labelling norms: Useful reforms can be delivered in tiny packages

Process rejigs such as making rule-changes for pack labelling less unpredictable would aid business planning and save costs

Labelling norms: Useful reforms can be delivered in tiny packages

3 mins

HR must give itself and people a new sense of purpose

Is human resources (HR) as a corporate function in a coma? I often ask people across organizational hierarchies that I deal with: \"When was the last time you turned to HR and felt genuinely supported or inspired?\"

3 mins

Berners-Lee wants to get the internet back from Big Tech

The web's prime mover has a plan to decentralize power again

Berners-Lee wants to get the internet back from Big Tech

3 mins

Fans Of K-pop, K-drama are driving South Korea tourism

As the popularity of Korean culture rises, more tourists are planning trips around their favourite shows

Fans Of K-pop, K-drama are driving South Korea tourism

3 mins

The key to unlocking the luxury market of India

Brands planning to make a mark in India, a global luxury hotspot, need to respect the country's deeply ingrained value-driven approach

The key to unlocking the luxury market of India

3 mins

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The business newspaper “Mint” published by one of the leading media houses of India, Hindustan Times, in association with Wall Street Journal. It aims to connect India to the world and the world to India in terms of business, economy, regulation and policies...

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