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Mint Mumbai

Accenture sees spike in Gen AI project line

Accenture's early gains in GenAI is in contrast to homegrown technology services giants such as TCS

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2 mins  |
December 21, 2023
'Satcom rules on global lines'
Mint Mumbai

'Satcom rules on global lines'

Vittal advocated the need for telecom service tariffs to go up so that return on capital employed can rise for telcos

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2 mins  |
December 21, 2023
Mint Mumbai

Sony, Zee may give one last chance to save mega-merger

The current market reflects the weakness of the Zee stock, which has lost over 10% in past two trading days

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3 mins  |
December 21, 2023
Virus slams brakes on runaway stocks
Mint Mumbai

Virus slams brakes on runaway stocks

Fear index highest in two months; fall worse in broader markets

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3 mins  |
December 21, 2023
'Meta Piloting GenAI Tools For Advertisers'
Mint Mumbai

'Meta Piloting GenAI Tools For Advertisers'

Meta India head Sandhya Devanathan says the pilot is active in India, too

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2 mins  |
December 20, 2023
War In Ukraine Snaps Supply Of Rare Cancer Treatment Molecule
Mint Mumbai

War In Ukraine Snaps Supply Of Rare Cancer Treatment Molecule

The war in Ukraine has snapped imports of a key radioactive isotope used in advanced cancer treatment, prompting top medical institutions in the country to look for less effective alternatives.

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2 mins  |
December 20, 2023
Why India Needs A Fearless Batting Order
Mint Mumbai

Why India Needs A Fearless Batting Order

Team India needs to select batsmen who are not afraid to take risks in order to win the T20 World Cup. The South Africa tour will be a test

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4 mins  |
December 20, 2023
Should I Encash My FD Or Take A Loan Against It For An Emergency?
Mint Mumbai

Should I Encash My FD Or Take A Loan Against It For An Emergency?

What's the best way to handle an emergency you have a fixed deposit (FD)? Is it smarter to take a loan against the FD or repay the loan using the FD money itself? -Name withheld on request

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2 mins  |
December 20, 2023
Boon Or Bane? Decoding The Reality Of Zero-Cost EMIs
Mint Mumbai

Boon Or Bane? Decoding The Reality Of Zero-Cost EMIs

The no-cost EMI scheme benefits all stakeholders—the merchant, lender and the customer

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4 mins  |
December 20, 2023
How Saudi Arabia changed sports in 2023
Mint Mumbai

How Saudi Arabia changed sports in 2023

From LIV Golf to world football, Saudi money is disrupting global sports

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2 mins  |
December 20, 2023
Telecom: Expand those signals and reduce noise
Mint Mumbai

Telecom: Expand those signals and reduce noise

India's Telecom Bill aims to reset regulation in a way that will brighten the sector's future. This is welcome. But the government ought to reconsider features that cause dissonance

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2 mins  |
December 20, 2023
Citi lawsuit raises #MeToo allegations at its top levels
Mint Mumbai

Citi lawsuit raises #MeToo allegations at its top levels

Ardith Lindsey's lawsuit accusing Citigroup Inc. of tolerating years of sexual harassment and assault against her struck a chord across Wall Street for many reasons, not least of which was her title: managing director.

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1 min  |
December 20, 2023
TSMC chair Liu to step down in power shift at global chipmaker
Mint Mumbai

TSMC chair Liu to step down in power shift at global chipmaker

Taiwan Semiconductor Manufacturing Co. (TSMC) chairman Mark Liu plans to retire in 2024 and cede his role to chief executive officer C.C. Wei, handing the reins of the world's most important chipmaker to a fellow engineering maven.

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1 min  |
December 20, 2023
Houthi attacks now drive shipping's great detour
Mint Mumbai

Houthi attacks now drive shipping's great detour

Iran-backed militants have vowed to attack any merchant vessel with a connection to Israel

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2 mins  |
December 20, 2023
ONDC partners with Google, Meta to reach small businesses
Mint Mumbai

ONDC partners with Google, Meta to reach small businesses

Ministry of Commerce-backed e-commerce protocol Open Network for Digital Commerce Tuesday (ONDC) on announced two separate partnerships with Google and Meta, to expand its outreach to small businesses through Google Maps and WhatsApp. This, in turn, will help the service scale up its net transactions per month among consumers and large enterprises alike.

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1 min  |
December 20, 2023
Mint Mumbai

Warner Bros Discovery aims to balance TV and OTT businesses

The lifestyle and factual entertainment vertical of Warner Bros. Discovery is looking to balance its linear television and video streaming (over-the-top, or OTT) businesses, a senior executive said, even though the target audience has largely moved to OTT despite the shows being aired on television.

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2 mins  |
December 20, 2023
Max Healthcare case: HC upholds arbitrator's order
Mint Mumbai

Max Healthcare case: HC upholds arbitrator's order

The Bombay High Court (HC) on Tuesday upheld a court-appointed arbitrator's order from 19 July that dismissed Max Healthcare's plea to prevent TPG-backed Care Hospitals' sale to private equity firm Blackstone Inc.

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1 min  |
December 20, 2023
Race begins for sat broadband
Mint Mumbai

Race begins for sat broadband

Bharti Group-backed One Web, Jio Satellite Comms, and Elon Musk's Starlink preparing for commercial launch

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2 mins  |
December 20, 2023
Dec air passenger demand strongest since pandemic
Mint Mumbai

Dec air passenger demand strongest since pandemic

Rising airfares, driven by costly jet fuel and aircraft shortage may dampen future demand

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2 mins  |
December 20, 2023
Domino's gets brand refresh in India
Mint Mumbai

Domino's gets brand refresh in India

Jubilant Food Works Ltd, which operates master franchise rights from Domino's Pizza in India, has announced a brand refresh for its flagship pizza brand that involves upgrading hundreds of pizza stores, apart from new packaging and a marketing campaign as the company hopes to get more consumers to choose pizza over local food.

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2 mins  |
December 20, 2023
CAN SEKAR KATHIRESAN KILL HEART ATTACKS?
Mint Mumbai

CAN SEKAR KATHIRESAN KILL HEART ATTACKS?

Early results of the researcher's path-breaking gene editing treatment to permanently reduce cholesterol and prevent heart attacks have been mixed

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9 mins  |
December 20, 2023
Mint Mumbai

Retail investors in top gear at IPOs, drive oversubscriptions

Companies listing their shares on the stock markets are basking in the frenzied attention of individual investors, a trend expected to continue into next year and make up for the tepid enthusiasm of institutional investors.

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1 min  |
December 20, 2023
Accenture expects lower revenue and cautious IT spending in Q2
Mint Mumbai

Accenture expects lower revenue and cautious IT spending in Q2

IT services provider Accenture forecast second-quarter revenue below Wall Street targets on Tuesday, anticipating cautious spending by clients as macroeconomic uncertainty remains an overhang.

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1 min  |
December 20, 2023
Share-sale frenzy to continue in 2024
Mint Mumbai

Share-sale frenzy to continue in 2024

India's booming market for equity sales is expected to remain buoyant into the new year as high valuations attract companies and shareholders seeking funds while stock-price gains entice investors avoiding China.

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1 min  |
December 20, 2023
Mint Mumbai

Why Devyani International's Thailand foray looks appetizing

Quick-service restaurant operator Devyani International Ltd's foray into Thailand has delighted investors, resulting in a 5% surge in share prices on Tuesday.

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1 min  |
December 20, 2023
Cost tailwinds lift cement sector
Mint Mumbai

Cost tailwinds lift cement sector

Cement prices continued to fall due to partial rollbacks across regional markets in the country.

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2 mins  |
December 20, 2023
UGRO raises 250 cr debt from Holland's FMO
Mint Mumbai

UGRO raises 250 cr debt from Holland's FMO

Non-bank lender UGRO Capital, which counts private equity firms N ADV Partners and TPG NewQuest among its investors, has raised a fresh debt capital from a European development finance institution (DFI).

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1 min  |
December 20, 2023
'Main focus is on sustainability'
Mint Mumbai

'Main focus is on sustainability'

Ventur East, one of the oldest venture capital firms in India, is nearing the full deployment of its sixth fund, which had a corpus of nearly $100 million.

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3 mins  |
December 20, 2023
Vijaya Diagnostic to acquire Pune's PH for ₹135 crore
Mint Mumbai

Vijaya Diagnostic to acquire Pune's PH for ₹135 crore

Vijaya Diagnostic Centre Ltd will acquire PH Diagnostic Centre Pvt Ltd for 134.65 crore in an all-cash deal, and will inject an additional 12.85 via equity or debt to help the company repay its existing loans.

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1 min  |
December 20, 2023
IMF reclassifies India's forex regime as 'stabilized arrangement'
Mint Mumbai

IMF reclassifies India's forex regime as 'stabilized arrangement'

The International Monetary Fund has reclassified India's \"de facto\" exchange rate regime to a \"stabilized arrangement\" from \"floating\" for the December 2022 to October 2023 period, the first instance of such reclassification, following an article IV review of the country's policies.

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2 mins  |
December 20, 2023