CATEGORIES

Mint Chennai

Rupee Slide: What It Means for India and Your Wealth

Investments must align with your objectives and risk appetite, not currency depreciation

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3 mins  |
January 02, 2025
Mint Chennai

Are Diamonds Forever? Insights From 22 Years of Zero-Return Saga

Diamonds, synonymous with luxury, captivate investors, but their investment potential tells a different story

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4 mins  |
January 02, 2025
Mint Chennai

Markets rebound in first session of '25 on buying in blue-chips

Benchmark Sensex and Nifty started the New Year on a high note with the key indices closing higher in a see-saw trade on Wednesday on buying in blue-chip stocks.

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1 min  |
January 02, 2025
Mint Chennai

'Air India will raise its global coverage'

Air India has covered a lot of ground since privatisation and its global coverage will further increase in the years ahead, the airline's chief Campbell Wilson said.

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1 min  |
January 02, 2025
Mint Chennai

Sasan Power Pays $150 Mn to IIFCL

Reliance Power on Wednesday said its arm Sasan Power Ltd has made a bullet payment of $150 million to IIFCL, UK, fulfilling its debt obligation on 31 December 2024.

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1 min  |
January 02, 2025
Mint Chennai

UltraTech Names New CEO for ICL

India Cements Ltd (ICL), now a subsidiary of UltraTech, has announced the appointment of new leadership for the company, following the exit of its former promoters including N. Srinivasan as managing director and chief executive officer from the South-based cement maker.

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1 min  |
January 02, 2025
Mint Chennai

'Qcomm will rival ecomm in 2025'

The quick commerce industry will reach a stage in 2025 where it will be comparable to traditional e-commerce giants like Amazon and Flipkart, Zepto co-founder and chief executive officer Aadit Palicha has asserted.

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1 min  |
January 02, 2025
Mint Chennai

A-One Steels files DRHP with Sebi

Integrated steel manufacturer A-One Steels India has filed preliminary papers with capital markets regulator Securities and Exchange Board of India (Sebi) to raise ₹650 crore through an initial public offering (IPO).

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1 min  |
January 02, 2025
Mint Chennai

Centre, states collect gross GST revenue of ₹1.76 tn in Dec

This was the lowest collection in 3 months but showed a rise of 7.3% from last year

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1 min  |
January 02, 2025
Mint Chennai

House prices may see modest growth

India's primary housing market may register a modest single-digit price rise in 2025 after appreciating by an average 21% last year as developers are expected to boost new supply to match demand, according to experts.

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1 min  |
January 02, 2025
Mint Chennai

SEC Writes Off $10 Billion in Fines It Can't Collect

Paul Bilzerian has been on the run from the Securities and Exchange Commission for so long that he now owes the agency $180 million with interest—almost three times what a court initially ordered him to pay.

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4 mins  |
January 02, 2025
Mint Chennai

The Five Biggest Roadblocks to Trump's Immigration Agenda

Donald Trump will confront funding, legal challenges to turn campaign rhetoric into policy

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5 mins  |
January 02, 2025
Mint Chennai

Cease-fire deal between Hamas and Israel likely to elude Biden

Cease-fire talks between Palestinian militant group Hamas and the Israeli government have hit an impasse in recent days, Arab mediators said, making any deal unlikely before the end of the Biden administration.

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3 mins  |
January 02, 2025
Mint Chennai

Sikhya eyes films for theatres, web originals

Sikhya, set up in 2008 and known for acclaimed films, has also started work on the next season of Gutar Gu

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1 min  |
January 02, 2025
Mint Chennai

Pushpa 2 and question of star liability

Even as Pushpa 2: The Rule cements its position as one of the biggest hits of all time in India, lead actor Allu Arjun has been embroiled in a massive controversy over a stampede during the screening of the Telugu film at Sandhya Theatre in Hyderabad where he was present, that led to the death of a woman and left her minor son critically injured.

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2 mins  |
January 02, 2025
Mint Chennai

Carmakers Ride to Record Domestic Sales

SUV growth, rural demand played a key role in driving up car sales

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2 mins  |
January 02, 2025
Mint Chennai

Drug firms amp up hiring for top roles as growth beckons

West's diversification out of China, upcoming change of law in US set stage for growth

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2 mins  |
January 02, 2025
Mint Chennai

Small-film producers split streaming rights to maximize revenue

Platforms are also striking deals based on how many new subscriptions they hope to build from a title

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2 mins  |
January 02, 2025
Mint Chennai

MFIN defers capping lenders

Microfinance Industry Network has reduced the number of lenders per borrower to 3, now effective 1 April

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2 mins  |
January 02, 2025
Mint Chennai

Telcos' Q2 revenue rises to ₹91,426 cr on tariff hike boost

Telecom operators' gross revenue increased 10.5% year-on-year (y-o-y) to ₹91,426 crore in the September 2024 quarter—the period when mobile service providers increased tariffs, according to a TRAI report.

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1 min  |
January 02, 2025
Mint Chennai

Will Ola Electric Mobility's Motorcycle Bet Pay Off?

Ola Electric Mobility Ltd's stock has fallen by nearly 10% after it said on 25 December that it would expand its network to 4,000 outlets from 800 to improve customer service.

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2 mins  |
January 02, 2025
Mint Chennai

Rupee: New Worry for Paint Cos

Losing sheen

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2 mins  |
January 02, 2025
Mint Chennai

Should you avoid metal stocks in 2025?

While sectors like financials and information technology (IT) are stealing the spotlight with bullish predictions, metals seem to be the market's underdog.

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2 mins  |
January 02, 2025
Mint Chennai

The Visas Dividing MAGA World Help Power the U.S. Tech Industry

Behind the uproar over the H-1B visa is a simple fact: America's tech industry is hooked on imported labor.

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2 mins  |
January 02, 2025
Mint Chennai

Alibaba to Sell Sun Art Retail to DCP Cap for $1.6 Billion

Alibaba Group Holding Ltd agreed to sell its shares in Sun Art Retail Group Ltd to private equity firm DCP Capital, unloading another high-profile physical commerce asset to focus on its core online business.

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1 min  |
January 02, 2025
Mint Chennai

Kati Patang to buy, incubate small alcohol biz to expand

Kati Patang has raised ₹25 cr year-to-date and additional ₹10 cr from existing investors from a share-swap deal

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3 mins  |
January 02, 2025
Mint Chennai

Mswipe Eyes International Market for Higher Margins

The payments fintech will enter Malaysia, Nepal, the UK and other markets to boost its biz

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3 mins  |
January 02, 2025
Mint Chennai

Commercial LPG, ATF prices lowered

ATF prices were cut on Wednesday after they were increased for two consecutive months

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1 min  |
January 02, 2025
Mint Chennai

Judicial efficiency: Case clearance outstrips backlog for the first time

In a first across Indian courts, the number of cases disposed of in a year is higher than the number of cases pending, according to data from the National Judicial Data Grid (NJDG).

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2 mins  |
January 02, 2025
Mint Chennai

Meteorological dept says 2024 was India's hottest yr since 1901

The year 2024 was the warmest on record in India since 1901, with the average minimum temperature settling 0.90 degrees Celsius above the long-period average, the IMD said on Wednesday.

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1 min  |
January 02, 2025