Mint Mumbai - December 04, 2024Add to Favorites

Mint Mumbai - December 04, 2024Add to Favorites

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December 04, 2024

Sebi circular link to massive FPI selling

Tough disclosure norms for some FPIs may have sparked exits

Sebi circular link to massive FPI selling

3 mins

NTPC taps EDF, 2 others for modular reactors

State-run power generator NTPC Ltd is in discussions with EDF of France, Rosatom State Corp. of Russia and Westinghouse Electric Corp. of the US to build small modular reactors (SMRs) in India, two people aware of the matter said.

NTPC taps EDF, 2 others for modular reactors

2 mins

China wall, supply chain issues hurt fertilizer imports

Chinese supply curbs and global supply chain disruptions have dragged down the production and imports of key fertilizers, casting a cloud over India's crop yields and farmer incomes.

China wall, supply chain issues hurt fertilizer imports

3 mins

Online gaming has no rules to play by

The NDA government in its third term at the Centre has so far not taken up online gaming as a policy agenda

Online gaming has no rules to play by

2 mins

Rajya Sabha passes bill to boost oil and gas E&P business

The Rajya Sabha on Tuesday passed a landmark bill with sweeping measures aimed at making it easier to do business in the oil and gas exploration and production (E&P) sector and attract greater investments.

Rajya Sabha passes bill to boost oil and gas E&P business

1 min

Jaishankar lists three principles to engage with China

India on Tuesday said it is committed to remaining engaged with China to find a fair and mutually acceptable settlement of the boundary issue but that relations will be contingent upon strictly respecting the sanctity of the Line of Actual Control and following pacts on border management with no attempt to unilaterally alter the status quo.

Jaishankar lists three principles to engage with China

1 min

LS passes amendment bill to improve bank governance

The bill will also provide consistency in reporting by banks to the Reserve Bank of India

LS passes amendment bill to improve bank governance

2 mins

Govt likely to miss ₹1.5 tn FY25 capex loan target for states

The Centre is likely to fall short of fully utilizing the budgeted allocation for states under the 'Special Assistance for Capital Investment' scheme in 2024-25, as state spending took a hit during the general elections and from slowing growth, particularly in the first two quarters, two people aware of the matter said.

Govt likely to miss ₹1.5 tn FY25 capex loan target for states

1 min

Japanese companies keen to set up chip fab: Deloitte

Japanese firms are keen to set up semiconductor units in India and they have all the expertise and specialization to partner with domestic firms, Deloitte has said.

1 min

Audio startups ride on budget plans, content

AI, more regional content to spur growth for Pocket FM, Kuku FM, others

Audio startups ride on budget plans, content

2 mins

Captain Fresh eyes $100 mn from new, existing investors

The $50-100 mn round is expected to close in the coming months, and could be part of the company's pre-IPO funding

Captain Fresh eyes $100 mn from new, existing investors

1 min

RBI MPC: FOREIGN EXCHANGE, NOT INFLATION, CURBING DEGREES OF POLICY FREEDOM

While bond markets anticipate rate cuts 'sooner than later,' we see the reverse

RBI MPC: FOREIGN EXCHANGE, NOT INFLATION, CURBING DEGREES OF POLICY FREEDOM

4 mins

Why 2025 May Be The Year Of Multi-Cap, Hybrid Funds

Investor interest in hybrid or multi-cap offerings has been picking up amid volatility, say fund managers

Why 2025 May Be The Year Of Multi-Cap, Hybrid Funds

2 mins

Growth pangs persist for HUL

Bogged down HUL's shares have underperformed in 2024 so far amid demand woes

Growth pangs persist for HUL

2 mins

BEML's high-margin order book faces execution test

BEML Ltd's recent order win of ₹3,658 crore from Chennai Metro Rail Ltd offsets the subdued September quarter (Q2FY25) when it received orders worth ₹444 crore only due to delay in order finalization in rail and metro. Its total order book now stands at ₹15,100 crore, or 3.7x its trailing 12-month revenue.

BEML's high-margin order book faces execution test

1 min

Return ₹45 cr IPO funds to investors, Sebi tells Trafiksol

Sebi had found that Trafiksol knowingly relied on fraudulent documentation by a third-party software vendor

Return ₹45 cr IPO funds to investors, Sebi tells Trafiksol

1 min

2025 to be a mixed year for aviation: Icra

Icra expects Indian aviation industry's net loss to be between ₹20 billion and ₹30 billion in FY25 and FY26.

1 min

Swiggy to add 437 Instamart dark stores, Q2 losses decline

Firm plans to take dark store count to 1,046 by March as quick commerce competition rises

Swiggy to add 437 Instamart dark stores, Q2 losses decline

2 mins

Sustainable Fertilizer & Agriculture: Mainstay of Indian Economy

There is no second thought about the existence of direct correlation between fertilizer consumption and agriculture production. Sustainability of both the sectors is prerequisite to food and nutritional security of the teeming population on long-term basis.

Sustainable Fertilizer & Agriculture: Mainstay of Indian Economy

9 mins

'Pushpa 2' offers year-end action as theatres look to end lull

Given Pushpa's huge success, anything below ₹500 cr in lifetime box office for Pushpa 2 can be deemed a failure

'Pushpa 2' offers year-end action as theatres look to end lull

2 mins

Seci revokes bar on RPower

The Solar Energy Corporation of India (Seci) has withdrawn its order barring Reliance Power (RPower) from renewable energy tenders.

Seci revokes bar on RPower

1 min

Campus recruiters take to riddles for best hires

Interviews at IITs are going beyond aptitude tests and technical rounds

Campus recruiters take to riddles for best hires

2 mins

All sick biz e-auctions to be centralized

Auction of assets like land, buildings, plant and machinery belonging to businesses getting liquidated is likely to see a wider public participation, with the Insolvency and Bankruptcy Board of India (IBBI) planning to make these transactions more mainstream.

All sick biz e-auctions to be centralized

1 min

Delhi Airport gets AAI's show-cause notice

AAI has sought an explanation on structural weaknesses in T1 of Delhi airport detected in a study by IIT Delhi

1 min

Vodafone Idea's revenue market share falls to all-time low in Q2

Vodafone Idea Ltd's revenue market share declined to an all-time low of 14.5% in the quarter ended 30 September 2024, as it lost share in all circles despite having reported consistent revenue growth over the past four quarters.

Vodafone Idea's revenue market share falls to all-time low in Q2

1 min

PNB Housing aims to boost affordable home loans

PNB Housing Finance Ltd expects to grow its retail loan book to ₹1 trillion by FY27, chief executive Girish Kousgi said on Tuesday, as the non-bank lender doubles down on the affordable housing segment in search of better profitability.

PNB Housing aims to boost affordable home loans

1 min

Tackling Bengaluru's infra challenges

The third chapter of the Mint CEO roundtable series in India's IT capital focused on the travails of urbanization, and what can be done about them

4 mins

China's flood of cheap goods is angering its allies, too

Torrent of exports to the developing world is causing factories to close and killing jobs

China's flood of cheap goods is angering its allies, too

7 mins

Zelensky Signals He's Open To Negotiating A Peace Deal

Ukrainian President Volodymyr Zelensky is subtly shifting his rhetoric about ending the war with Russia, suggesting that Ukraine is open to stopping the fight to regain Russian-occupied territory in exchange for membership in NATO.

Zelensky Signals He's Open To Negotiating A Peace Deal

5 mins

IndiGo sues M&M over the use of '6E' for its electric vehicle

Indigo says 6E is protected under trademark laws, seeks injunction against Mahindra

1 min

Bill presented to replace Aircraft Act

The Rajya Sabha on Tuesday took up a bill which seeks to remove redundancies and replace the 90-year-old Aircraft Act to boost ease of doing business to attract investments in the aviation sector.

Bill presented to replace Aircraft Act

1 min

S. Korean Prez declares martial law

South Korean President Yoon Suk Yeol declared martial law on Tuesday in an emergency national address televised live as he accused the opposition of trying to paralyze the administration amid a deepening political rift.

S. Korean Prez declares martial law

1 min

Suraksha Diagnostic IPO fully subscribed

The initial public offer of Suraksha Diagnostic Ltd got fully subscribed on the last day of share sale on Tuesday.

1 min

MUFG, Koch get CCI nod for Shiprocket

The Competition Commission of India (CCI) on Tuesday cleared MUFG Bank's and American conglomerate Koch Group's proposed acquisition of shareholding in logistics aggregator Shiprocket.

1 min

Sebi plans better audit monitoring

The Securities and Exchange Board of India (Sebi) has proposed a new online system to improve the monitoring and supervision of stockbrokers' system audits.

Sebi plans better audit monitoring

1 min

China Declares Ban On Exports Of Key High-Tech Materials To US

China announced Tuesday it is banning exports to the US of gallium, germanium, antimony and other key high-tech materials with potential military applications, as a general principle, lashing back at US limits on semiconductor-related exports.

China Declares Ban On Exports Of Key High-Tech Materials To US

1 min

Over 1,700 Skype IDs blocked: MHA

The Indian Cyber Crime Coordination Centre (I4C), a wing of the ministry of home affairs (MHA), has identified and blocked more than 1,700 Skype IDs and 59,000 WhatsApp accounts used for digital fraud, the Lok Sabha was informed on Tuesday.

1 min

Tax hike reports are speculative: CBIC

The Central Board of Indirect Taxes and Customs (CBIC) on Tuesday said reports of a ministerial panel's recommendations on Goods and Services Tax (GST) rate changes on certain items, based on its deliberations are \"premature and speculative.\"

Tax hike reports are speculative: CBIC

1 min

India cuts reliance on Russia for arms

India has sharply reduced orders for defence equipment with Russia and is now buying more from Western suppliers, officials said, a significant policy shift for a nation traditionally reliant on arms from Moscow.

1 min

Crisil upgrades Vedanta's rating

Vedanta Ltd on Tuesday said that Crisil Ratings Ltd has upgraded its rating on the company's long-term bank facilities and debt instruments.

1 min

INSIDE BLACKSTONE'S INDUSTRIAL REALTY PLAY

After office parks and malls, the global asset manager is fast building its logistics and warehousing portfolio

INSIDE BLACKSTONE'S INDUSTRIAL REALTY PLAY

7 mins

Claims on maternal grandparents' assets

I am a Hindu. Can my siblings and I claim our share of my late grandparents' ₹10 crore property, despite my uncles withholding the papers with the two sisters, including my mother, having passed away? How should it be distributed?

Claims on maternal grandparents' assets

1 min

Market corrections: Hold or cut risks?

Stock markets have been volatile, with benchmark indices down as much as 10% from their recent highs.

Market corrections: Hold or cut risks?

2 mins

SMART BETA PLANS DECODED: VALUE OR MOMENTUM PICK?

Momentum strategy works well in bull mkt; value shines in both recovery and bull mkts

3 mins

This distributor is making mutual funds 'sahi' for hearing impaired

23-year-old Rahul Gala is empowering the deaf community with Indian sign language-enabled investing tips

This distributor is making mutual funds 'sahi' for hearing impaired

4 mins

Trump's tariffs would worsen the global China shock

A collaborative global response to Chinese exports would serve the world better than US unilateralism

Trump's tariffs would worsen the global China shock

3 mins

RBI should adhere to its price stability mandate

Monetary policy is best suited to deliver on price control, just as fiscal policy is best suited to spur economic growth. The central bank must retain its status quo on interest rates for now

RBI should adhere to its price stability mandate

2 mins

Ballot to budget: The economic impact of cash transfer politics

Cash handouts are likely to prove sticky as a policy option and reduce our space for fiscal reforms

Ballot to budget: The economic impact of cash transfer politics

4 mins

The Great Choke: Pollution Levels Overshadow Our Economic Gains

To meet its higher aspirations, India must act with alacrity on multiple fronts to lift this haze over the success of its economy

The Great Choke: Pollution Levels Overshadow Our Economic Gains

4 mins

Actually, Republicans are the masters of US identity politics

Democrats are falsely being blamed for what Trump's party did

Actually, Republicans are the masters of US identity politics

3 mins

India's growth slowdown demands an RBI response

The central bank could buy bonds to ease Indian liquidity conditions well before it goes for a rate cut

4 mins

What makes PC gaming a cult favourite in India?

In a world dominated by consoles, PC gaming and custom-built PCs continue to appeal widely and grow among serious Indian gamers

What makes PC gaming a cult favourite in India?

4 mins

Because good things come in incredibly tiny packages

The Mac mini represents the best value in Apple's lineup, and delivers in an impressively small design with few compromises

Because good things come in incredibly tiny packages

4 mins

Build your cosy camp and create a style signature

You can also join Indiana Jones on an epic adventure to thwart the bad guys

Build your cosy camp and create a style signature

2 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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