Mint Mumbai - January 10, 2025Add to Favorites

Mint Mumbai - January 10, 2025Add to Favorites

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In dieser Angelegenheit

January 10, 2025

NHPC eyes PTC buy minus finance unit

Move to help NHPC expand trading, other promoters exit PTC

NHPC eyes PTC buy minus finance unit

2 mins

Market may turn rough as FPI shorts hit 7-month high

The stock market appears headed for further turbulence, with foreign portfolio investors (FPIs) raising their bearish bets to a seven-month high, even as they continue to sell in the cash market.

2 mins

TCS Starts Earnings Season With Worst Q3 Show in 9 Years

Tata Consultancy Services Ltd kicked off the quarterly earnings season on a gloomy note, clocking the worst third-quarter revenue decline since December 2015.

TCS Starts Earnings Season With Worst Q3 Show in 9 Years

3 mins

Fertilizer subsidy likely to stay at current level in FY26

Govt may stick to the allocation, as subsidy utilization in FY25 has followed anticipated trend

Fertilizer subsidy likely to stay at current level in FY26

2 mins

Inflation Likely to Have Eased to 5.3% in Dec: Mint Poll

India's retail inflation likely moderated to a four-month low of 5.3% in December, down from 5.5% in November, driven by the seasonal decline in food prices, according to the median estimate of 25 economists in a Mint poll.

1 min

Disparity in gold import numbers resolved, say officials

Trade deficit in November has been cut from $37.8 billion to about $32.8 billion.

Disparity in gold import numbers resolved, say officials

1 min

Maha Kumbh: A feast for digi-fraudsters

Two weeks ago, the police booked four men operating fraudulent accommodation booking websites

Maha Kumbh: A feast for digi-fraudsters

1 min

E-way bill generation rebounds, signalling supply chain revival

The issuance of electronic permits, or e-way bills, required for shipping goods within and across states—a key indicator of economic activity—rebounded in December to 112 million, up from a five-month low of 101.8 million in November, according to GSTN, the platform that processes Goods and Services Tax (GST) returns.

E-way bill generation rebounds, signalling supply chain revival

1 min

Tata Capital Healthcare Fund bets on Harsoria

Tata Capital Healthcare Fund, the healthcare and life sciences-focused private equity arm of financial services company Tata Capital Ltd, said Thursday it has invested in medical devices manufacturer Harsoria Healthcare Pvt Ltd.

Tata Capital Healthcare Fund bets on Harsoria

1 min

Health is wealth: Investors tell startup founders, heads

Several board members and investors are pushing for more balance between work and life

Health is wealth: Investors tell startup founders, heads

3 mins

Asset Class Diversification Is More Crucial Now Than Ever

Two decades ago, investing mostly meant parking money in fixed deposits, property, or maybe equities, leaving little room for diversification—spreading investments across various asset classes.

1 min

Realty to see mixed Q3, hectic Q4

The residential realty market is in an upcycle, yet real estate companies' December quarter (Q3FY25) results would bring selective cheer.

2 mins

The top sectors to invest in this year, according to AI

Many experts say tools like AI should be used by investors not to replace financial advisers but to augment them

The top sectors to invest in this year, according to AI

3 mins

Why Manappuram Ended Flat Even After Lifting of MFI Ban

Manappuram Finance Ltd stock rose 5.5% in early trade on Thursday after the Reserve Bank of India (RBI) lifted restrictions on its microfinance arm, Asirvad Micro Finance Ltd (AMFL), with immediate effect.

2 mins

Global Alcohol Cos Demand $466 Mn From Telangana In Payments Row

Telangana owes unpaid dues of about ₹4,000 cr to whisky and beer firms, people from the industry said

2 mins

CCPA to strike cos with class action over quality concern

The top consumer watchdog seeks to curb substandard products flooding retail markets

CCPA to strike cos with class action over quality concern

2 mins

Madhya Pradesh High Court Clears Path for Religare AGM

Burman family, which owns about 25% of Religare, has been pushing to remove Saluja, despite the board backing her

Madhya Pradesh High Court Clears Path for Religare AGM

2 mins

Beyond Snack raises $8.3 million in Series A funding

Snacking brand Beyond Snack has raised $8.3 million in a Series A funding round led by 12 Flags Group, a consumer-focused fund set up by Rakesh Kapoor, the former global chief executive of Reckitt Benckiser.

1 min

Emami eyes wider male grooming market

Emami Ltd, the consumer company that sells Zandu and Navratna ayurvedic products, has renamed its almost two-decade-old male grooming brand as it plans to tap a wider market that is set to expand to ₹32,000 crore over the coming years.

1 min

India Inc.'s earnings blues may continue into third quarter

Overvaluation concerns and shifting global market sentiment likely to keep growth subdued

2 mins

No resolution in sight for Dunzo as Biswas moves to Flipkart

Dunzo is swamped with liabilities of about $70 million and still has 30-40 full-time employees, as per reports

No resolution in sight for Dunzo as Biswas moves to Flipkart

2 mins

Mercedes to expand in smaller cities

Germany's Mercedes-Benz, fresh off a year of record sales in India, plans to add another 20 dealerships or service outlets in 2025, mainly in smaller cities where young, well-travelled business owners are indulging in luxury goods.

Mercedes to expand in smaller cities

1 min

Swiggy adopts hybrid app strategy to grow

Launches stand-alone apps for Instamart, while retaining unified platform

Swiggy adopts hybrid app strategy to grow

3 mins

Vijay's exit tests Tamil films' star culture

As audiences favour strong narratives, Tamil film has a chance to reinvent itself if it sheds its star-centric legacy

Vijay's exit tests Tamil films' star culture

2 mins

Canada suddenly has no leader, and no plan, for a Trump trade fight

Canada is the U.S.'s second-largest trading partner after Mexico, according to U.S. Census Bureau data

Canada suddenly has no leader, and no plan, for a Trump trade fight

3 mins

Trump's NATO vision spells trouble for the alliance

Call for higher arms spending and threat of grabbing allies' land dial up pressure on members

Trump's NATO vision spells trouble for the alliance

4 mins

Israel's defense industry booms on foreign demand and war at home

Israel's defense industry is on track to sell more weapons than ever in its history after a year marked by war

Israel's defense industry booms on foreign demand and war at home

4 mins

RBI Chief Seeks To Improve Forecasts

Reserve Bank of India's (RBI) new governor Sanjay Malhotra has initiated a review of the central bank's inflation and growth forecasting tools to minimise projection errors, four sources said.

RBI Chief Seeks To Improve Forecasts

1 min

Centre to give LPG subsidy to oil PSUs

The government is likely to provide a subsidy of ₹35,000 crore to state-owned Indian Oil Corporation Ltd (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) to make up for losses they incurred on selling the fuel this fiscal, people aware about the development said.

1 min

Bank officers' union warns of strike

Bank officers' union AIBOC on Thursday threatened to go on a nationwide strike on 24-25 February to press for their various demands, including a five-day work week and adequate recruitment in all cadres.

Bank officers' union warns of strike

1 min

Assam mining tragedy: Rescue operations on for fourth day

Rescue operations by multiple state and central agencies continued for the fourth day on Thursday to locate trapped miners inside an illegal rat-hole coal mine in Dima Hasao district of Assam, officials said.

Assam mining tragedy: Rescue operations on for fourth day

1 min

Well-poised for 700 hotels by '30: IHCL

Tata Group-backed Indian Hotels Co. Ltd (IHCL) on Thursday said it is \"well poised\" to achieve the portfolio of 700 hotels by 2030 under its \"Accelerate 2030\" strategy.

1 min

Earthquake-hit Tibet calls off search

Authorities moved more than 45,000 people in Tibet to shelters in a massive rescue operation near the foot of the Himalayas, as they wound down the search in a high-altitude environment where the odds of survival were always slim.

Earthquake-hit Tibet calls off search

1 min

HMPV Is Not a New Pathogen in India

India saw more than 200 cases of Human Metapneumovirus (HMPV) cases between January and December last year, senior government scientists said, emphasizing that the virus is not a new pathogen and there was no cause for concern.

1 min

NRAI to take action on Zomato, Swiggy

Opposing \"private labelling\" by Zomato and Swiggy and their recent foray into quick commerce food delivery via separate apps, restaurant body National Restaurant Association of India (NRAI) on Thursday said it will file complaints with \"relevant regulatory authorities\" and initiate legal action to prevent them from monopolising the market.

1 min

Eli Lilly to Set Up GCC in Hyderabad

Pharma major Eli Lilly and Co. on Thursday said it plans to establish a new global capability centre (GCC) in Hyderabad and hire over 1,000 people to strengthen its digital strategy and service delivery.

1 min

Adani group to sell 20% in Wilmar JV

Adani Group plans to sell a stake of up to 20% in Adani Wilmar amid plans to exit.

Adani group to sell 20% in Wilmar JV

1 min

Centre to regroup about 1,200 medical devices for uniformity

The current size of India's medical devices sector is about $11 billion

1 min

Top 5 AI Trends To Watch In 2025

From agentic systems to humanoids, AI is everywhere. But ethical concerns remain over its growing role

Top 5 AI Trends To Watch In 2025

8 mins

Cutting Through the Clutter: Key Focus Areas for Retail Investors in 2025

Remember that social media is for fun, and not serious topics such as personal finance advice

Cutting Through the Clutter: Key Focus Areas for Retail Investors in 2025

3 mins

MFD, RIA, RA: Explore your career as a financial adviser

Understand the earning potential, licensing and compliance to choose your best suited path

4 mins

Health insurance claims: How to ensure grievance redressal

My health insurer recently rejected my claim, citing my inability to provide key internal hospital papers that they require. Despite having submitted all other necessary documents, they are insisting on these specific papers, which I am unable to obtain from the hospital. I believe my claim is valid and that I have complied with all the necessary documentation required. What are my options to ensure that my grievance is handled fairly and my claim is reconsidered?

Health insurance claims: How to ensure grievance redressal

1 min

Wealth tax: Let's judge it by principles of taxation

Tax canons laid down by Adam Smith remain relevant, though his list has been extended. Test the idea of a wealth tax against these, lest we get carried away by progressive idealism

Wealth tax: Let's judge it by principles of taxation

2 mins

Let's take cues from Piketty to raise India's tax revenue

When it comes to budgeting, there are some revenue streams that are linked with broader growth in the economy.

4 mins

Hacked in 2024? India's privacy rules require you to take action

Draft digital personal data protection rules demand that data breaches be reported retrospectively

3 mins

A Boycott of Costco for Its DEI Efforts Is Not Likely to Succeed

The US retailer has a loyal base of shoppers that it's unlikely to lose

A Boycott of Costco for Its DEI Efforts Is Not Likely to Succeed

3 mins

Working for women leaders: An invaluable privilege

Arriving 30 minutes late for a job interview three decades ago had left me out of breath, sweaty and close to a panic attack.

3 mins

Financing India's Future Growth Is a Challenge That Must Be Met

Policy should aim to boost private investments and deepen a corporate bond market in need of long-horizon participants

Financing India's Future Growth Is a Challenge That Must Be Met

4 mins

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The business newspaper “Mint” published by one of the leading media houses of India, Hindustan Times, in association with Wall Street Journal. It aims to connect India to the world and the world to India in terms of business, economy, regulation and policies...

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