CATEGORIES

India Inc kicks off fiscal with record $8.1 bn Q1 share sales

Amount 29% above previous year's figure; bulk, block deals dominate, led by Adani firms

Vedanta has partners for its semiconductor foray: Agarwal

Vedanta has lined up partners for semiconductor ventures, its chairman Anil Agarwal said at 58th Annual General Meeting (AGM) today. The company has a number of partners and is waiting for government approvals, he said.

Adani sells ₹1,250 CT bonds at 10% coupon

Adani Enterprises returned to the rupee bond market with its first issuance since the US short seller Hindenburg raised allegations against it in January.

SoftBank mulls US listing for PayPay payments business

SoftBank is considering a US listing for its PayPay payments business, three people familiar with the matter said, in what could mark another American listing for Masayoshi Son's sprawling tech conglomerate along with chip designer Arm.

CapFort sets ₹200 cr target for debut fund

CapFort Ventures, a micro-venture capital firm, is set to launch its maiden fund aimed at supporting early-stage startups.

Cabinet okays commercial mining of lithium, titanium

The union cabinet on Wednesday approved amendments to the Mines and Minerals (Development and Regulation) Act allowing commercial mining of lithium and a few other minerals, said officials with knowledge of the development.

India in talks with Netherlands for pharma supplies

The pharmaceutical department is in talks with the Netherlands government to strengthen the supply chain for vaccine raw material and other pharmaceuticals products.

Imports of UK bulk whisky may attract tariff concessions

India is considering offering higher tariff concessions for bulk whisky imports compared to bottled whisky as part of the ongoing India-UK free-trade agreement (FTA) negotiations. The approach aims to encourage the import of intermediate products and address a contentious issue in the trade discussions.

Don't Overreact To The Cancer Risk Of Sugar-Free Sweeteners

These are possibly carcinogenic' just as our use of mobile phones is

GST Shock: Online Gaming, Casinos To Be Taxed At 28%

The Goods and Services Tax (GST) Council on Tuesday exempted integrated GST on select drugs when imported for personal use, redefined sport utility vehicles (SUVs) to prevent carmakers from side-stepping the highest tax bracket and levied a 28% uniform GST on online gaming, horse racing, and casinos on the full value of the bets.

Luxury Car Sales Clock New Record In Jan-Jun

Growing salaried luxury consumer base and new offerings drive demand

Tata May Buy Wistron India iPhone Plant

Tata Group, India's largest conglomerate, is close to an agreement to acquire an Apple Inc. supplier's factory as soon as August, marking the first time a local company would move into the assembly of iPhones, according to people familiar with the matter.

An Indian ultra cyclist thrives in America's toughest race

Ultra cyclist Kabir Rachure speaks to Mint about his exploits in the gruelling Race Across America

Why women's football has a money problem

The Women's World Cup can't hide how women footballers are suffering

Wild cards and debutants make Wimbledon fun

As the favourites keep winning their games, the joy is coming from players creating new memories with some throwback tennis

New data tools can help analys pixel-level economic dynamic

Granular readings can complement aggregate data-sets for policy formulation and we can start by using the GST network

Adani stock probe: Get to the nub of the matter

Sebi's response to a judiciary-appointed panel's remark on a regulatory tweak reminds us how difficult it is to catch stock manipulation. But compliance riddles must not distract us

BOXED OUT: INSIDE BOLLYWOOD'S LOST MAGIC

Newer revenue streams haven't shored up the financial health of the Hindi film industry

France, India near £3 bn fighter deal

India is set to sign a naval fighter deal worth nearly £3 billion with France when Prime Minister Narendra Modi visits this week, the latest defence deal for the South Asian nation as it presents itself as a bulwark against China in the Asia Pacific.

Sam Altman-backed nuclear startup is going public through his SPAC

Oklo, a nuclear-fission startup backed by Sam Altman, plans to go public through a merger with his special-purpose acquisition company, company officials said Tuesday.

NATO greenlights entry for Sweden

US President Joe Biden on Tuesday hailed an agreement for Sweden to join NATO as more work remained to determine a path forward for Ukraine's future with the alliance.

US judge rules Microsoft can close its $75 bn Activision buy

The companies can complete the deal before an FTC hearing that is scheduled for August

Stiff tax on gross revenue spooks online gaming cos

Gaming services not 'actionable claims', says FM; industry had lobbied to be taxed on net profit

Finish Adani probe on time: SC to Sebi

The Supreme Court on Tuesday asked Securities and Exchange Board of India (Sebi) about the status of its ongoing investigation into the allegations of stock price manipulation by the Adani group and said the probe has to be concluded expeditiously by the extended time it has granted till 14 August.

Probe diversion of Dish TV funds, say small investors

'Disappointed at directors' failure to ensure strong corporate governance at Dish TV'

'India, UK to target semiconductors, AI in new advanced tech pact'

India and the UK are set to conclude a framework agreement to boost cooperation in advanced sciences this year, UK science minister George Freeman said in an interview.

Rains hit hydropower ops in North India

The heavy rains in North India have impacted operations at hydropower plants for the past couple of days. Officials with hydropower companies said that power generation has been impacted by accumulation of silt.

Threads' quick rise may be hurting Twitter

The ultrafast growth of Threads looks like it is already taking a toll on Twitter.

India plans LNG terminal in Iraq

India is planning to build a liquefied natural gas (LNG) terminal in Iraq as it looks to diversify supplies and strengthen its energy security, a government official said.

FPIs from Mauritius under taxman's lens

Mauritius-based foreign portfolio investors (FPIs) trading Indian derivatives are under heightened scrutiny by the Indian tax department, two people with direct knowledge of the matter said.