CATEGORIES

Buffett's Berkshire Hathaway trims its massive stake in Apple
Mint Mumbai

Buffett's Berkshire Hathaway trims its massive stake in Apple

As investment rose to outsize share of stock portfolio, investors wondered how big Berkshire would let it grow

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3 mins  |
February 16, 2024
Mint Mumbai

RHETORIC OR REALITY: FOCUS ON PER CAPITA

There was a time, I feel sure, when India had nobody who played cricket.

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4 mins  |
February 16, 2024
IBBI panel backs dispute settlement through mediation
Mint Mumbai

IBBI panel backs dispute settlement through mediation

A rule nexpert panel set up by bankruptcy maker, Insolvency and Bankruptcy Board of India (IBBI), has recommended voluntary mediation as a way of settling disputes that arise when creditors take over sinking businesses.

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1 min  |
February 16, 2024
Tata may spin off its battery business
Mint Mumbai

Tata may spin off its battery business

Tata Group is considering a potential spinoff of its battery business, according to people familiar with the matter, as the conglomerate expands its foray in the country's renewable-energy and electric-vehicle (EV) sectors.

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1 min  |
February 16, 2024
Modi to dedicate 7 AIIMS before polls
Mint Mumbai

Modi to dedicate 7 AIIMS before polls

Ahead of the Lok Sabha elections, Prime Minister Narendra Modi is set to lay the foundation stones for seven All India Institutes of Medical Science or AIIMS starting with one Rewari, Haryana, on Friday, according to health ministry officials.

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1 min  |
February 16, 2024
With penalties, restrictions, RBI turns up heat on lax KYC
Mint Mumbai

With penalties, restrictions, RBI turns up heat on lax KYC

KYC is a critical weapon in the battle against money laundering and financial fraud

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3 mins  |
February 16, 2024
Mint Mumbai

Infosys inks $300 mn deal with S'pore firm

Infosys has bagged a $300million contract from Singapore-based Pacific International Lines running until 2027, industry executives revealed, a fortnight after signing a multi-year deal with an Irish food retailer, as India's second-largest IT company recovers from the loss of a billion-dollar-plus project in December.

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1 min  |
February 16, 2024
Indian films shine at overseas box office
Mint Mumbai

Indian films shine at overseas box office

Recent Indian films may have received a lukewarm response at home, but overseas box office collections have sprung a pleasant surprise, as audiences thronged the cinemas to watch their favourite stars in action, undeterred by steep ticket prices.

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1 min  |
February 16, 2024
Swamy alleges scam in Axis-Max Life deals
Mint Mumbai

Swamy alleges scam in Axis-Max Life deals

Senior BJP leader Subramanian Swamy on Thursday moved the Delhi High Court alleging a scam of nearly ₹15,100 crore in the way Axis Bank sold and purchased shares of insurer Max Life Insurance Company.

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1 min  |
February 16, 2024
Mint Mumbai

BSNL workers seek Vi's 4G network

Bharat Sanchar Nigam Ltd's pan-India 4G service launch will get pushed to December due to delays by vendor Tata Consultancy Services Ltd (TCS) to install 4G equipment, its management told the employees' union last week, prompting the state-run telecom operator's workers to ask the Centre to allow the company to temporarily use rival Vodafone Idea's 4G network.

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1 min  |
February 16, 2024
Large private banks reach informal no-poaching pact
Mint Mumbai

Large private banks reach informal no-poaching pact

Private sector lenders are seeking to stem attrition, which is severe at the junior level

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2 mins  |
February 16, 2024
Mint Mumbai

Vedanta's promoters offload 1.76% stake via BSE bulk deal

Promoters of mining and natural resources major Vedanta Ltd offloaded 1.76% stake in the company for ₹1,737 crore on Thursday through a bulk deal on the BSE, data show.

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1 min  |
February 16, 2024
Mint Mumbai

Managing debt to be key for Prestige

Prestige Estates Projects Ltd put up a decent show in the December quarter (Q3FY24).

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1 min  |
February 16, 2024
Mint Mumbai

'Banks face funding hurdles'

Funding conditions in India are likely to play a crucial role in constraining loan growth for many banks in the country, and credit expansion could moderate by 200 basis points in the next fiscal year, S&P Global Ratings said in note on Thursday.

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1 min  |
February 16, 2024
Sebi eyes new rules for PMS distributors
Mint Mumbai

Sebi eyes new rules for PMS distributors

Markets regulator Sebi on Thursday proposed promoting collective oversight of PMS distributors by making registration with the Association of Portfolio Managers in India (APMI) mandatory for them and facilitating ease of digital onboarding process for portfolio managers' clients.

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1 min  |
February 16, 2024
Mint Mumbai

Tractors a sore spot for M&M

Mahindra & Mahindra Ltd's journey is a tale of two parts.

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2 mins  |
February 16, 2024
Tech, regulations reshaping global banking revolution
Mint Mumbai

Tech, regulations reshaping global banking revolution

Digital technology is transforming the banking sector, enhancing customer experience, improving operational efficiency, and reducing costs amid the turbulent economic and regulatory environment, Sonny Singh, executive vice president and general manager, financial services global business, Oracle, said at Oracle CloudWorld event.

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1 min  |
February 16, 2024
Instamojo opts out of payments gateway bid
Mint Mumbai

Instamojo opts out of payments gateway bid

Focusing on upgrading platform to help merchants, says founder Swain

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2 mins  |
February 16, 2024
Mint Mumbai

Demand for gold may hit 900 tonnes this year

Gold consumption in India is likely to rise to 800-900 tonnes in calendar year 2024 compared with 700-800 tonnes annually since 2019 on the back of robust economic growth and higher income, Somasundaram P.R., managing director (India), World Gold Council (WGC) said.

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1 min  |
February 16, 2024
Innovation fund likely for co-op lenders to foster farm entrepreneurs
Mint Mumbai

Innovation fund likely for co-op lenders to foster farm entrepreneurs

A committee charged with drafting a new national cooperation policy has recommended that a national innovation fund be set up to encourage entrepreneurship in primary agricultural credit societies (PACS), a member of the committee said.

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1 min  |
February 16, 2024
Mint Mumbai

Terror-hit gasfield ops likely to resume

Rituraj Baruah

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1 min  |
February 16, 2024
G20 president Brazil takes food security leaf from India
Mint Mumbai

G20 president Brazil takes food security leaf from India

It will also take up issues like fair trade, climate change and preserving biodiversity loss

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2 mins  |
February 16, 2024
Top builders tap new cities as housing sales pick up
Mint Mumbai

Top builders tap new cities as housing sales pick up

BENGALURU Leading developers are entering new markets for residential projects, as rising urbanization and an expanding middle class fuel a housing boom.

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2 mins  |
February 16, 2024
Props grab more of derivatives market; retail cedes share
Mint Mumbai

Props grab more of derivatives market; retail cedes share

Retail investors dabbling in derivatives often get the short end of the stick.

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2 mins  |
February 16, 2024
Mint Mumbai

SC brings an end to electoral bond era

Amendments unconstitutional; violates right to information'

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3 mins  |
February 16, 2024
Unlocking Retirement Prosperity: How NPS Remains Cutting-Edge
Mint Mumbai

Unlocking Retirement Prosperity: How NPS Remains Cutting-Edge

The main reason for NPS's popularity is the consistency of returns and cost-efficiency

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3 mins  |
February 15, 2024
Our Youth Don't Favour All Elections Held In Sync
Mint Mumbai

Our Youth Don't Favour All Elections Held In Sync

A sizeable demographic chunk of India is largely unconvinced of one nation, one poll,' as the latest YouGov-Mint-CPR Millennial Survey reveals, and it's easy to understand why

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2 mins  |
February 15, 2024
There is plenty that ails India's index of industrial production
Mint Mumbai

There is plenty that ails India's index of industrial production

The ITP is old and rusty but GST data can be used to formulate an indicator that offers a better picture of economic change

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3 mins  |
February 15, 2024
What fund managers think of the current PSU rally
Mint Mumbai

What fund managers think of the current PSU rally

Insights from four fund managers on the underlying PSU sector dynamics and trends

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2 mins  |
February 15, 2024
Farmer leaders agree to meet Union ministers for talks today
Mint Mumbai

Farmer leaders agree to meet Union ministers for talks today

Ministers Arjun Munda, Piyush Goyal and Nityananda Rai likely to be at meet

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1 min  |
February 15, 2024