CATEGORIES

Sugar seeks $100 mn at $700-800 mn valuation
Mint Mumbai

Sugar seeks $100 mn at $700-800 mn valuation

Company in talks with sovereign wealth funds, private equity funds

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2 mins  |
November 10, 2023
Stubble burning main contributor to Delhi's deteriorating air quality
Mint Mumbai

Stubble burning main contributor to Delhi's deteriorating air quality

Stubble burning is a major contributor to Delhi’s deteriorating air quality, according to the Commission on Air Quality Management (CAQM) data.

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2 mins  |
November 10, 2023
Moody's retains 6.7% growth estimate
Mint Mumbai

Moody's retains 6.7% growth estimate

Moody's Investor Services on Thursday retained India's economic growth at 6.7% for 2023 saying the country has shown remarkable resilience, buoyed by solid domestic demand, amid a global slowdown.

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2 mins  |
November 10, 2023
IBC sections valid, personal guarantors get no SC relief
Mint Mumbai

IBC sections valid, personal guarantors get no SC relief

Court clarifies role of the resolution professional as a facilitator and not of an adjudicator

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2 mins  |
November 10, 2023
Religare chief Saluja broke insider trade laws: Burmans
Mint Mumbai

Religare chief Saluja broke insider trade laws: Burmans

In a 7 November letter to Sebi, four investment firms of the Burman family flagged Saluja’s trades on 21 and 22 September

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3 mins  |
November 10, 2023
InCred Fin turns year's 2nd unicorn
Mint Mumbai

InCred Fin turns year's 2nd unicorn

The latest development comes 16 months after the firm completed its merger with American PE giant KKR’s local non-banking finance arm

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1 min  |
November 10, 2023
Sony push for top post stalls Zee merger talks
Mint Mumbai

Sony push for top post stalls Zee merger talks

Sony views the allegations and investigation as corporate governance issues and wants to place its executive at the top

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3 mins  |
November 10, 2023
A CORNER OF BHARAT CRAVES A DIWALI SHIMMER
Mint Mumbai

A CORNER OF BHARAT CRAVES A DIWALI SHIMMER

It's forenoon Saturday in Rajgarh, a rural town in Churu district of Rajasthan.

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8 mins  |
November 10, 2023
'We'd like to stay in India, strengthen our hand here'
Mint Mumbai

'We'd like to stay in India, strengthen our hand here'

Viacom18, Adani and Sun TV have all explored acquiring Disney's India business

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2 mins  |
November 10, 2023
Engg schools cut floor pay to lure recruiters
Mint Mumbai

Engg schools cut floor pay to lure recruiters

Some are scouring technical journals for information about new companies or encouraging students to reach out to recruiters directly on social media

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2 mins  |
November 10, 2023
Insurers seen leading bids for RIL's ₹20,000 cr bond issue
Mint Mumbai

Insurers seen leading bids for RIL's ₹20,000 cr bond issue

Reliance Industries' upcoming bond issue, touted to be the second-biggest for an Indian firm, will see strong demand from insurers, with aggressive bidding enabling the conglomerate to borrow at rates that just top the sovereign yield, several merchant bankers said.

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1 min  |
November 09, 2023
Pacific Islands' climate change SOS needs earnest responses
Mint Mumbai

Pacific Islands' climate change SOS needs earnest responses

The US must strengthen its commitment to helping solve this crisis

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3 mins  |
November 09, 2023
Economic nationalism shouldn't be dismissed as a strategic thrust
Mint Mumbai

Economic nationalism shouldn't be dismissed as a strategic thrust

It's a beggar-thyself policy rather than a beggar-thy-neighbour one if it goes wrong but it can also deliver economic succes

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4 mins  |
November 09, 2023
Vocational education should be an integral aspect of schooling
Mint Mumbai

Vocational education should be an integral aspect of schooling

The National Curriculum Framework takes the economic well-being of students well into account

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3 mins  |
November 09, 2023
Who's afraid of a caste X-ray across the land?
Mint Mumbai

Who's afraid of a caste X-ray across the land?

Social justice is a political issue but the caste survey released in full detail by Bihar shows economic disparities that are not terribly stark. Discontent on its basis won't be easy to stir

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2 mins  |
November 09, 2023
Mint Mumbai

Why mutual funds continue to flock to startup offerings

For MFs, it's about identifying companies with the potential to become future multi-baggers

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4 mins  |
November 09, 2023
SIVAKASI@100: WHY IT'S TIME FOR A PIVOT
Mint Mumbai

SIVAKASI@100: WHY IT'S TIME FOR A PIVOT

In India's fireworks capital, companies are talking of R&D, automation and diversification

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8 mins  |
November 09, 2023
Pollution: Delhi plans artificial rain
Mint Mumbai

Pollution: Delhi plans artificial rain

The Delhi government plans to induce artificial rain through cloud seeding this month to combat air pollution in the national capital, environment minister Gopal Rai said on Wednesday.

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1 min  |
November 09, 2023
Mint Mumbai

This year set to be warmest in 125,000 years, EU scientists say

Heat is a result of continued greenhouse gas emissions from the burning of fossil fuels

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1 min  |
November 09, 2023
NCLT orders refund of IT dues to Cox & Kings
Mint Mumbai

NCLT orders refund of IT dues to Cox & Kings

The order came in response to a plea filed by the liquidator of the firm

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2 mins  |
November 09, 2023
Samsung, Qualcomm challenge India's push for live TV on phone
Mint Mumbai

Samsung, Qualcomm challenge India's push for live TV on phone

Samsung and Qualcomm are among those opposing India's choice of technology to bring live TV broadcasts on smartphones, arguing the required hardware changes will push up a device's cost by $30, according to letters reviewed by Reuters.

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1 min  |
November 09, 2023
Tata Power reports 9% growth in net profit for Sep qtr
Mint Mumbai

Tata Power reports 9% growth in net profit for Sep qtr

Tata Power focuses on consolidation and growth of core operations, plans to undertake renewable energy projects

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1 min  |
November 09, 2023
Bata India's Q2 net profit declines 38% following VRS hit
Mint Mumbai

Bata India's Q2 net profit declines 38% following VRS hit

Bata India reported a consolidated net profit of ₹33.9 crore for the September quarter, down 38% from a year ago, due to a one-time expense towards a voluntary retirement scheme (VRS).

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1 min  |
November 09, 2023
Amazon India may roll out recyclable paper packaging
Mint Mumbai

Amazon India may roll out recyclable paper packaging

The move is part of the company's broader effort to eliminate plastic delivery packaging

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3 mins  |
November 09, 2023
Shell hires Ambit for Sprng valuation before stake sale
Mint Mumbai

Shell hires Ambit for Sprng valuation before stake sale

MNC energy giant plans to sell minority stake in operational assets of Sprng Energy

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3 mins  |
November 09, 2023
Maharashtra govt to buy Air India tower
Mint Mumbai

Maharashtra govt to buy Air India tower

Maharashtra government on Wednesday decided to acquire the iconic Air India building at Nariman Point in Mumbai for ₹1,601 crore.

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1 min  |
November 09, 2023
MF veterans split on preference for Smids in Samvat 2080
Mint Mumbai

MF veterans split on preference for Smids in Samvat 2080

Those arguing in favour of a shift in bias use valuation logic to support their claims, while those expecting a continuum said Smid indices’ outperformance to the Nifty in the past one year would impel retail investors to continue pumping money into small and mid cap schemes.

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2 mins  |
November 09, 2023
Trent's dapper growth is the showstopper, but stock's pricey
Mint Mumbai

Trent's dapper growth is the showstopper, but stock's pricey

At a time when many consumer-focused companies are finding it hard to lift their revenue growth adequately, Trent Ltd saw another stellar quarter.

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2 mins  |
November 09, 2023
Wanted: A new spark for DLF stock
Mint Mumbai

Wanted: A new spark for DLF stock

DLF Ltd, the poster boy of D the post-pandemic K-shaped economic recovery, is on solid ground. In the September quarter (Q2FY24), pre-sales or bookings rose 9% year-on-year to ₹2,228 crore, with a majority of the bookings accruing from existing projects. There were no material new launches in Q2.

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2 mins  |
November 09, 2023
Samsung tests AI chatbot for use in its smartphones
Mint Mumbai

Samsung tests AI chatbot for use in its smartphones

Samsung Electronics Co. is testing a generative AI model named \"Gauss\" after a 19th-century German mathematician, joining the growing ranks of companies hoping to create rivals to ChatGPT.

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1 min  |
November 09, 2023