CATEGORIES

Mint Mumbai

Firms had ample time to follow DPDP rules'

Companies should not need more time than discussed to comply with the soon to be published rules under the Digital Personal Data Protection (DPDP) Act, said Union minister for communications and information technology (IT), Ashwini Vaishnaw.

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1 min  |
October 28, 2023
Climate Change Ignites Olive Oil Prices
Mint Mumbai

Climate Change Ignites Olive Oil Prices

The healthiest of cooking oils now comes with an even heftier price tag as climate change-induced droughts, heat waves, and wildfires scorch olive plantations in southern Europe.

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2 mins  |
October 30, 2023
Adani Gives Navi Mumbai Airport A $1 Bn Push
Mint Mumbai

Adani Gives Navi Mumbai Airport A $1 Bn Push

Envisaged in 1999, it was feared the Navi Mumbai airport would see further delay after the Hindenburg report

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2 mins  |
October 30, 2023
Mint Mumbai

VVDN to expand ops globally by next year

As part of VVDN's road map, the company plans to be in Europe as well-likely in Poland-and in Mexico

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1 min  |
October 30, 2023
Don't press the wrong buttons
Mint Mumbai

Don't press the wrong buttons

To succeed at the it is workplace, important to identify these incorrect trigger points and stay away from them

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4 mins  |
October 30, 2023
Tweaks won't suffice: Unilever may need to smash the mould
Mint Mumbai

Tweaks won't suffice: Unilever may need to smash the mould

Analysts reckon that a split-up would increase its enterprise value

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3 mins  |
October 30, 2023
The return of hard power: Naive approaches were bound to fail
Mint Mumbai

The return of hard power: Naive approaches were bound to fail

The ferocity with which hard power is now making its presence felt reflects the hubris and complacency of some state actors

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3 mins  |
October 30, 2023
A moment of reckoning in geopolitics is upon us
Mint Mumbai

A moment of reckoning in geopolitics is upon us

The Gaza war looks like the second of three unfolding challenges to the US-set world order. India should weigh multiple factors in deciding its geopolitical role beyond UN abstentions

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2 mins  |
October 30, 2023
Israel widens ground operations in Gaza
Mint Mumbai

Israel widens ground operations in Gaza

Palestinian civilians told to head to a 'humanitarian zone' in the south

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2 mins  |
October 30, 2023
Maruti's festive-time growth at 19%; expects sales of 450K
Mint Mumbai

Maruti's festive-time growth at 19%; expects sales of 450K

SUVs accounted for 26-27% of Maruti Suzuki's sales during the festive season so far

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2 mins  |
October 30, 2023
'India to lead global 6G, FWA revolution'
Mint Mumbai

'India to lead global 6G, FWA revolution'

Mirtillio said Ericsson is in talks with Vi for the 5G rollout and said it will support the telecom firm to get back in action

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2 mins  |
October 30, 2023
JioSpaceFiber to target global mkts after India
Mint Mumbai

JioSpaceFiber to target global mkts after India

Tariffs for retail and enterprise users in India and abroad \"to be affordable\"

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2 mins  |
October 30, 2023
The biggest risk in markets is always one you can't see: Samir Arora
Mint Mumbai

The biggest risk in markets is always one you can't see: Samir Arora

Uncertainty around the upcoming assembly elections, high-interest rates globally and a war in West Asia might have an immediate bearing on market prospects, but these issues won’t matter in the medium or long term, says market veteran Samir Arora, founder of Helios Capital, whose maiden equity fund is open for subscription.

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2 mins  |
October 30, 2023
Amplus, PE fund set up Hexa Climate Solutions
Mint Mumbai

Amplus, PE fund set up Hexa Climate Solutions

PE fund I Squared Capital to invest $500 mn in climate solutions platform

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2 mins  |
October 30, 2023
Govt plans to set up real-time agri supply-demand model to predict prices
Mint Mumbai

Govt plans to set up real-time agri supply-demand model to predict prices

The government is planning to create a real-time supply and demand model for select agricultural commodities that will help it plan and evaluate policy for a volatile market. The \"mathematical model\" will use dynamic and real-time data from high-frequency indicators and historical trends, said a government official requesting anonymity.

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2 mins  |
October 30, 2023
Slower GDP growth may hit spending
Mint Mumbai

Slower GDP growth may hit spending

The total spending estimate for FY24 is ₹45 tn, close to a third of which is effective capital expenditure

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2 mins  |
October 30, 2023
'End-of-year deadline for India-EU FTA is unrealistic'
Mint Mumbai

'End-of-year deadline for India-EU FTA is unrealistic'

An end of year deadline for a free trade deal between India and the European Union is unrealistic, the 27-nation grouping’s Ambassador to India, Hervé Delphin, said in an interview.

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3 mins  |
October 30, 2023
NHAI's InvIT to raise ₹9,000 cr
Mint Mumbai

NHAI's InvIT to raise ₹9,000 cr

The fundraising may have equal debt and equity components, with debt coming from bank loans and the sale of NCDs

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3 mins  |
October 30, 2023
Govt may ask PSUs to pay higher dividends
Mint Mumbai

Govt may ask PSUs to pay higher dividends

The government may demand higher dividend payouts from state-run companies should it miss revenue targets because of sluggish tax collections or lower-than-expected asset sale proceeds, two people familiar with the matter said.

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2 mins  |
October 30, 2023
Gentari, GIC set to invest $1.75 billion in AM Green unit
Mint Mumbai

Gentari, GIC set to invest $1.75 billion in AM Green unit

Petronas set up Gentari to accelerate the adoption of clean energy and build 40GW of clean energy capacity

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2 mins  |
October 30, 2023
Headcount at IT cos sees 1st fall in 25 yrs
Mint Mumbai

Headcount at IT cos sees 1st fall in 25 yrs

Workforce shrinks at 9 of top 10 IT firms as clients cut spending

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2 mins  |
October 30, 2023
Maruti Suzuki profit soars on chip supply relief, cost savings
Mint Mumbai

Maruti Suzuki profit soars on chip supply relief, cost savings

Maruti Suzuki India Ltd reported an 80% surge in quarterly profit, beating analysts' estimates, as the country's largest carmaker benefited from improved semiconductor supply, leading to higher car sales, and cost savings due to cooling raw material prices.

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2 mins  |
October 28, 2023
Tata to become first India iPhone maker with Wistron deal
Mint Mumbai

Tata to become first India iPhone maker with Wistron deal

Tata Group is set to seal a deal to become India's first homegrown iPhone maker, after Wistron Corp. agreed to sell a plant in the southern part of the country to the conglomerate.

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1 min  |
October 28, 2023
China's ex-premier, reformer Li Keqiang dies of heart attack
Mint Mumbai

China's ex-premier, reformer Li Keqiang dies of heart attack

China's former Premier Li Keqiang, who gained a reputation as a reformer but later found himself sidelined by President Xi Jinping, died of a heart attack just months after stepping down as the nation's No. 2 official. He was 68.

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2 mins  |
October 28, 2023
Adani Group introduces charges for private jets
Mint Mumbai

Adani Group introduces charges for private jets

Despite a warning by the airport tariff regulator on unapproved tariff, the Adani Group has introduced ‘general aviation charges’ for private jet operators at six of its airports, two people familiar with the development said.

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2 mins  |
October 28, 2023
'National security can justify higher tariffs'
Mint Mumbai

'National security can justify higher tariffs'

India can raise import tariffs after securing intermediates supply: Virmani

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2 mins  |
October 28, 2023
Rural road construction surpasses FY24 targets
Mint Mumbai

Rural road construction surpasses FY24 targets

Road construction hit the 12,000km mark in first six months of the fiscal

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2 mins  |
October 28, 2023
Taj Hotel parent posts 37% rise in Q2 profit, revenue up 18%
Mint Mumbai

Taj Hotel parent posts 37% rise in Q2 profit, revenue up 18%

The Indian Hotels Co. Ltd. which operates the Taj brand of hotels besides. SeleQtions, Vivanta and Ginger Hotels, reposted a consolidated net profit of ₹167 crore in the September quarter, up 37% from a year earlier. Its revenue grew 18% to 1,481 crore, while consolidated earnings before interest, taxes, depreciation and amortization (ebitda) was up 26% to ₹402 crore.

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1 min  |
October 28, 2023
Mint Mumbai

Swan pays ₹231 cr for Reliance Naval

Swan Energy Ltd, the successful resolution applicant through its SPV Hazel Infra has paid ₹231.42 crore towards the upfront payment for cash-strapped Reliance Naval & Engineering.

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1 min  |
October 28, 2023
Cipla net soars 43% on growth in India, other key markets
Mint Mumbai

Cipla net soars 43% on growth in India, other key markets

The firm reported better performance in branded prescription and trade generics business

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2 mins  |
October 28, 2023