CATEGORIES

Turkey set for runoff as Erdogan falls short
Mint Mumbai

Turkey set for runoff as Erdogan falls short

The president won 49.5% of the votes with nearly all the ballots counted

time-read
2 mins  |
May 16, 2023
PVR Inox to shut 50 screens in 6 months
Mint Mumbai

PVR Inox to shut 50 screens in 6 months

The newly merged PVR Inox entity plans to shut down approximately 50 cinema screens over the next six months.

time-read
1 min  |
May 16, 2023
Telcos ask govt to apply licence rules to messaging apps
Mint Mumbai

Telcos ask govt to apply licence rules to messaging apps

India's telecom operators are urging the Centre to extend licensing conditions applicable to them to apps offering messaging and calling services, following the rise in unsolicited calls from international numbers on Whatsapp.

time-read
1 min  |
May 16, 2023
Market raises a toast to DLF after record year, strong FY24 prospects
Mint Mumbai

Market raises a toast to DLF after record year, strong FY24 prospects

DLF Ltd’s stock hit a new 52-week high of ₹475.80 apiece on Monday before closing around 7% higher.

time-read
2 mins  |
May 16, 2023
SpiceXpress taps UK group for $100 mn
Mint Mumbai

SpiceXpress taps UK group for $100 mn

SpiceJet Ltd's freighter unit will raise $100 million (about 1823 crore) from UK's SRAM & MRAM Group to further scale its operations in a growing Indian air cargo market.

time-read
2 mins  |
May 16, 2023
Amazon leads ₹110 cr round in men's innerwear firm XYXX
Mint Mumbai

Amazon leads ₹110 cr round in men's innerwear firm XYXX

E-commerce giant buys significant minority stake through Amazon Smbhav Venture Fund

time-read
2 mins  |
May 16, 2023
India to press for just energy transition'
Mint Mumbai

India to press for just energy transition'

India will press for a \"just energy transition\" at the G-20 parleys, a top government official said on Monday, pointing out that 5 million people are directly dependent on coal mining.

time-read
2 mins  |
May 16, 2023
India and Russia settle some trade in rupees: Uco Bank
Mint Mumbai

India and Russia settle some trade in rupees: Uco Bank

India and Russia have been settling some of their non-oil trade in rupees since the beginning of this year, said a top official at state-run UCO Bank, which is involved in the transactions.

time-read
1 min  |
May 16, 2023
Russia turns India's biggest crude supplier by volume
Mint Mumbai

Russia turns India's biggest crude supplier by volume

However, in terms of value of imports, Iraq was India's largest oil source in FY23

time-read
2 mins  |
May 16, 2023
India, Indonesia likely to expand ties in air force
Mint Mumbai

India, Indonesia likely to expand ties in air force

India and Indonesia are seeking to boost cooperation between their air forces, according to persons aware of the matter.

time-read
1 min  |
May 16, 2023
Old oil tankers fetch shipping cos big bucks thanks to Russia
Mint Mumbai

Old oil tankers fetch shipping cos big bucks thanks to Russia

Gone With the Wind\" anti-hero Rhett Butler's brutal take on war still resonates almost a century later.

time-read
2 mins  |
May 16, 2023
ZestMoney sees founder exits, uncertain future
Mint Mumbai

ZestMoney sees founder exits, uncertain future

Two months after a deal to be acquired by Walmart-owned PhonePe fell through, all three founders of the Bangalore-based digital lending platform ZestMoney have resigned, plunging the eight-year-old company and its some 100 employees into uncertainty.

time-read
2 mins  |
May 16, 2023
Claims baseless, no probe into Adani since 2016, Sebi tells SC
Mint Mumbai

Claims baseless, no probe into Adani since 2016, Sebi tells SC

The markets regulator has not investigated publicly traded Adani group companies since 2016 for suspected misuse of global depository receipts (GDRs) to route black money or any other violation, the Securities and Exchange Board of India (Sebi) told the Supreme Court on Monday.

time-read
3 mins  |
May 16, 2023
Exports plunge most in 3 years as demand cools
Mint Mumbai

Exports plunge most in 3 years as demand cools

India’s goods exports fell the steepest in three years in April as weakening global demand and declining commodity prices continued to weigh on outbound shipments. Exports declined by nearly 13% in April to $34.66 billion from $39.70 billion in the year-ago period, commerce ministry data showed.

time-read
2 mins  |
May 16, 2023
Wholesale inflation hits near 3-year low in April
Mint Mumbai

Wholesale inflation hits near 3-year low in April

Wholesale inflation contracted for the first time in three years in April as global commodity prices softened, easing pressure on raw material costs used by factories.

time-read
2 mins  |
May 16, 2023
Gift City examines Indian stock UDRS
Mint Mumbai

Gift City examines Indian stock UDRS

The International Financial Services Centre Authority (IFSCA), the regulatory body overseeing GIFT City’s international financial services centre, is considering permitting unsponsored depository receipts (UDRs) for Indian shares, two people aware of the matter said.

time-read
2 mins  |
May 16, 2023
Priority sector loan norms to get a rejig
Mint Mumbai

Priority sector loan norms to get a rejig

Bank deposits in rural funds to count as priority sector exposure

time-read
2 mins  |
May 16, 2023
Bullish On India, Didn't Invest In Adani Due To Debt: Mobius
Mint Mumbai

Bullish On India, Didn't Invest In Adani Due To Debt: Mobius

The outlook for India is very good and assuming that the Indian government continues its reforms process and pays attention to investors coming to India, it is going to be a big boost to the country.

time-read
4 mins  |
May 15, 2023
Emerging Technologies Like AI Can Revolutionize Privacy Rights
Mint Mumbai

Emerging Technologies Like AI Can Revolutionize Privacy Rights

AI tools could help ensure all Indians are empowered with knowledge to exercise their data rights

time-read
4 mins  |
May 15, 2023
Is There Room For A Dairy Behemoth?
Mint Mumbai

Is There Room For A Dairy Behemoth?

Many cooperatives are struggling financially. But a pan-India mega brand will be hard to pull off

time-read
10+ mins  |
May 15, 2023
Musk, Samsung's Lee Discuss Chip Biz
Mint Mumbai

Musk, Samsung's Lee Discuss Chip Biz

Samsung Electronics Co executive chairman J. Y. Lee and Tesla Inc chief executive officer Elon Musk met in the Unite States last week, according to Yonhap News Agency.

time-read
1 min  |
May 15, 2023
Safe Banking Is Largely Illusory So We Must Pursue It With Care
Mint Mumbai

Safe Banking Is Largely Illusory So We Must Pursue It With Care

Rule-makers must acknowledge that perfect stability doesn’t exist

time-read
3 mins  |
May 15, 2023
Why India Seems Short Of Sympathy For Its Middle Class
Mint Mumbai

Why India Seems Short Of Sympathy For Its Middle Class

Sorrows like dream homes worth crores going poof on builder failure are not seen as tragic enough

time-read
4 mins  |
May 15, 2023
"Taking notes is a good way to be productive"
Mint Mumbai

"Taking notes is a good way to be productive"

Etsy India head Pankaj Jathar on what being a mentor means to him

time-read
2 mins  |
May 15, 2023
Political agenda pushers should let Tagore's quotes be
Mint Mumbai

Political agenda pushers should let Tagore's quotes be

Citing him out of context may suit those with axes to grind but does the poet laureate a big disfavour

time-read
3 mins  |
May 15, 2023
Who moved our ghee? It has all from store shelves but vanished
Mint Mumbai

Who moved our ghee? It has all from store shelves but vanished

GCMMF’s failure to raise milk prices in line with cattle-feed prices has hit our dairy farmers and caused market shortages.

time-read
4 mins  |
May 15, 2023
It takes two to perform the double-engine tango
Mint Mumbai

It takes two to perform the double-engine tango

The emphatic Congress victory in Karnataka holds a lesson in central-regional balance for the BJP too. But the big question is what a clash of ideologies in Lok Sabha polls will yield

time-read
2 mins  |
May 15, 2023
Sebi's micro-Reit proposals may let you own a slice of your office
Mint Mumbai

Sebi's micro-Reit proposals may let you own a slice of your office

Proposed MSM Reits will have minimum asset size of ₹25 crore, as against ₹500 crore ticket size of regular Reits.

time-read
7 mins  |
May 15, 2023
Russian commanders killed in Bakhmut
Mint Mumbai

Russian commanders killed in Bakhmut

Ukraine renewed efforts to break through Russian defences in Bakhmut

time-read
2 mins  |
May 15, 2023
Pasang Dawa Sherpa climbs Everest 26th time, equals record
Mint Mumbai

Pasang Dawa Sherpa climbs Everest 26th time, equals record

A Sherpa guide scaled Mount Everest on Sunday for the 26th time, matching the record set by a fellow Nepalese guide for the most ascents of the world's highest peak.

time-read
1 min  |
May 15, 2023