CATEGORIES

Indian-made foreign liquor volumes grow 14% in FY23
Mint Mumbai

Indian-made foreign liquor volumes grow 14% in FY23

The industry rebounds from the pandemic-led challenges, sets new growth trajectory.

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3 mins  |
June 28, 2023
Bajaj-Triumph and Hero-Harley take aim at Royal Enfield
Mint Mumbai

Bajaj-Triumph and Hero-Harley take aim at Royal Enfield

Hero MotoCorp Ltd and Bajaj Auto Ltd are set to launch the first locally-made Harley-Davidson and Triumph motorcycles in July in an ambitious attempt to challenge the dominance of Royal Enfield Motors in the growing market for premium lifestyle motorcycles.

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1 min  |
June 28, 2023
Hindenburg report 'targeted misinformation', says Adani
Mint Mumbai

Hindenburg report 'targeted misinformation', says Adani

Lashing out at US short-seller Hindenburg Research, whose report erased billions of dollars in market value of Adani Group companies, Gautam Adani, the group’s chairman, said the report was engineered to make profits by impacting the conglomerate’s share prices.

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2 mins  |
June 28, 2023
Near-term concerns limit upside for city gas distribution cos
Mint Mumbai

Near-term concerns limit upside for city gas distribution cos

City gas distribution (CGD) companies face multiple concerns in the near term, as reflected in the performance of their stock prices.

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1 min  |
June 28, 2023
Byju's hopes to raise $1 bn at special terms
Mint Mumbai

Byju's hopes to raise $1 bn at special terms

Byju's is in advanced with prospective shareholders for a $1 biltalks new lion fundraising round, seeking to stave off attempts by some investors to clip founder Byju Raveendran's control over the beleaguered tech startup.

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1 min  |
June 28, 2023
Tata Tech, SBFC Fin, Gandhar Oil get Sebi approval for IPO
Mint Mumbai

Tata Tech, SBFC Fin, Gandhar Oil get Sebi approval for IPO

Tata Technologies, an arm of Tata Motors, Gandhar Oil Refinery (India) Ltd and non-banking financial company SBFC Finance have received capital market regulator Sebi's approval to raise funds through initial public offerings.

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1 min  |
June 28, 2023
Equitas SFB may trip over elevated costs on the path to growth
Mint Mumbai

Equitas SFB may trip over elevated costs on the path to growth

Shares of Equitas Small Finance Bank Ltd (Equitas SFB) have gained almost 48% so far in 2023 helped by improvement in its performance in recent quarters.

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1 min  |
June 28, 2023
AC cos may face the heat in June qtr
Mint Mumbai

AC cos may face the heat in June qtr

For companies selling air conditioners (ACs), seasonality plays a crucial role.

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2 mins  |
June 28, 2023
'Cautious but excited on Gen Al'
Mint Mumbai

'Cautious but excited on Gen Al'

The global logistics industry has increasingly embraced data analytics, artificial intelligence (AI) and block chain as part of its suite of operational and client-facing solutions.

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3 mins  |
June 28, 2023
Govt reworks highway targets for FY24
Mint Mumbai

Govt reworks highway targets for FY24

The government is reworking its highway-building target for the current year as it looks to fast track infrastructure in a year of multiple state polls, ahead of general elections next year.

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2 mins  |
June 28, 2023
Falling crude shrinks CAD in March quarter to $1.3 billion
Mint Mumbai

Falling crude shrinks CAD in March quarter to $1.3 billion

The sequential decline in CAD from Q3 was mainly on account of moderation in trade deficit

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2 mins  |
June 28, 2023
Illegal antibiotics in seafood, meat ring alarm bells
Mint Mumbai

Illegal antibiotics in seafood, meat ring alarm bells

Detection of banned antibiotics in seafood and meat has prompted India's top drug advisory body to seek greater surveillance, given the danger they pose to human and animal health.

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1 min  |
June 28, 2023
EU's planned due diligence law sparks unease in India
Mint Mumbai

EU's planned due diligence law sparks unease in India

NEW DELHI : A fresh European Union (EU) push to punish suppliers lax on the environment and human rights has sparked unease in New Delhi, given its potential to raise compliance costs and disrupt small businesses.

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2 mins  |
June 28, 2023
Air India draws antitrust scrutiny on proposed merger with Vistara
Mint Mumbai

Air India draws antitrust scrutiny on proposed merger with Vistara

India's antitrust regulator has sent a show-cause notice to Air India over its proposed merger with Vistara (Tata SIA Airlines Ltd), citing concerns about the potential harm to competition in the domestic aviation market, two people close to the matter said.

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2 mins  |
June 28, 2023
HDFC-HDFC Bank merger on 1 July
Mint Mumbai

HDFC-HDFC Bank merger on 1 July

Housing Development Finance Corp. Ltd (HDFC) has tentatively.

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2 mins  |
June 28, 2023
SP raises ₹14,300 cr via high-yield debt
Mint Mumbai

SP raises ₹14,300 cr via high-yield debt

Cerberus, Davidson Kempner, others buy SP Group's bonds

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2 mins  |
June 28, 2023
Life Lessons From A Yoga Practice
Mint Mumbai

Life Lessons From A Yoga Practice

Yoga teachers discuss the asanas that tested them and the life lessons that they learnt while practising various forms of yoga

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5 mins  |
June 27, 2023
Maximize Longevity Without Popping Daily Supplements
Mint Mumbai

Maximize Longevity Without Popping Daily Supplements

Instead of finding ways to fight ageing, a better approach would be to adopt healthier habits for a more fulfilling life

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3 mins  |
June 27, 2023
Hard lessons for Byju's on the post-covid education market
Mint Mumbai

Hard lessons for Byju's on the post-covid education market

The big unicorns stumbles have left it counting on an Aakash IPO

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3 mins  |
June 27, 2023
Nationwide summer campaigns can plug school education gaps
Mint Mumbai

Nationwide summer campaigns can plug school education gaps

A Pratham experiment offers an indication of how our youth could be deployed to help students make up for learning losses

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4 mins  |
June 27, 2023
How can a tuition teacher get a home loan?
Mint Mumbai

How can a tuition teacher get a home loan?

There are many institutions that help first-time woman borrowers with no credit history and informal sources of income.

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1 min  |
June 27, 2023
Pill for obesity has Wall Street salivating as it could expand market
Mint Mumbai

Pill for obesity has Wall Street salivating as it could expand market

An effective obesity pill could change things by making it easier for doctors to prescribe the medications and for patients to adhere to them.

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4 mins  |
June 27, 2023
Goldman taps Montag for board amid disquiet in ranks
Mint Mumbai

Goldman taps Montag for board amid disquiet in ranks

Goldman Sachs Group Inc. plans to add Tom Montag to its board, enlisting a prominent alum at a time when discontent in the firm's ranks has spilled into public view.

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1 min  |
June 27, 2023
Prigozhin breaks silence, says didn't want to overthrow govt
Mint Mumbai

Prigozhin breaks silence, says didn't want to overthrow govt

Russian mercenary leader Yevgeny Prigozhin said on Monday that a one-day mutiny by his Wagner force had been intended not to overthrow Russia's government but to register a protest over what he said was its ineffectual conduct of the war in Ukraine.

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1 min  |
June 27, 2023
China's recovery pace slackens
Mint Mumbai

China's recovery pace slackens

Spending has seen a slowing on everything from holiday travel to homes, and expectations of a stimulus are high

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3 mins  |
June 27, 2023
'Airlines still emerging from the blow of covid pandemic'
Mint Mumbai

'Airlines still emerging from the blow of covid pandemic'

The way forward for airlines facing financial difficulties, such as Go First, is to work with customers, according to Boeing

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2 mins  |
June 27, 2023
Airtel Business in recast mode; unit CEO resigns
Mint Mumbai

Airtel Business in recast mode; unit CEO resigns

Chitkara to exit on 20 August; co sees exciting prospects in enterprise biz

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2 mins  |
June 27, 2023
ICICI Bank to consider delisting of broking unit
Mint Mumbai

ICICI Bank to consider delisting of broking unit

The delisting, would be carried out pursuant to a scheme of arrangement

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2 mins  |
June 27, 2023
Alphabet bets on lasers for internet service
Mint Mumbai

Alphabet bets on lasers for internet service

Google parent Alphabet has already tried and failed to bring internet access to rural and remote areas by using high-altitude balloons in the stratosphere.

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1 min  |
June 27, 2023
IBM to buy SaaS co Apptio for $4.6 bn
Mint Mumbai

IBM to buy SaaS co Apptio for $4.6 bn

IBM said it will finance the transaction with cash on hand and expects the deal to close in the latter half of 2023

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1 min  |
June 27, 2023