CATEGORIES

Mint Mumbai

Why health insurers refuse to cover certain treatments

While 12 modern treatments are covered, many advanced procedures are yet to be included

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3 mins  |
November 15, 2024
Mint Mumbai

Address economic distress with structural reforms and not doles

Cash transfers may offer short-term relief but raising worker incomes is the only lasting solution

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3 mins  |
November 15, 2024
Mint Mumbai

FUNDING FOREIGN EDUCATION: SHOULD YOU SAVE OR BORROW?

Education financing needs vary, but early planning is key to building your desired corpus

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2 mins  |
November 15, 2024
WHICH BLOC'S POPULISM WILL WIN MAHARASHTRA?
Mint Mumbai

WHICH BLOC'S POPULISM WILL WIN MAHARASHTRA?

Both the ruling Mahayuti and opposition Maha Vikas Aghadi are dangling a slew of welfare schemes to woo the electorate

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8 mins  |
November 15, 2024
Will my cured illness be eligible for coverage after three years?
Mint Mumbai

Will my cured illness be eligible for coverage after three years?

My health insurance policy started on 29 June 2022. I was treated for a disease in October 2016. The period between the treatment and the policy start date is over 56 months. As per regulations, pre-existing conditions are those diagnosed within 36 months of policy purchase date. I had a surgery on 29 August 2024. Will my claim for the latest surgery get reimbursed? - Name withheld on request

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1 min  |
November 15, 2024
SECI barrels down on Reliance Power
Mint Mumbai

SECI barrels down on Reliance Power

SECI banned the power firm from its clean energy tenders for three years.

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1 min  |
November 15, 2024
Mint Mumbai

Blackstone revises Haldiram's stake

Blackstone has dropped plans to acquire a majority stake in the snacks business of India's Haldiram's but is now discussing purchase of a 20% stake at a valuation of $8 billion, which is still a sticking point, people familiar with the matter said on Thursday.

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1 min  |
November 15, 2024
Mint Mumbai

Delhivery reports ₹10.2 cr profit in Q2

Delhivery reported a net profit of ₹10.2 crore in the September quarter, against a loss posted a year ago.

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1 min  |
November 15, 2024
Mint Mumbai

Muthoot Finance Q2 profit rises 26%

Gold loan provider Muthoot Finance reported a 26% rise in its second-quarter profit on Thursday, boosted by strong loan demand, and raised its gold loan growth forecast for the financial year 2025.

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1 min  |
November 15, 2024
India's sports industry to swell to $130 billion by 2030: Report
Mint Mumbai

India's sports industry to swell to $130 billion by 2030: Report

India's sports industry is set to swell to $130 billion by 2030 from $52 billion in 2023, driven by a surge in multi-sport fan base and deepening engagement from Gen Z audiences, according to a Deloitte-Google report.

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1 min  |
November 15, 2024
Mint Mumbai

JPMorgan bets on India derivatives

JPMorgan Chase & Co., in a first for any global bank, has set up a unit to develop derivative products in India's newest international hub, according to people familiar with the matter.

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1 min  |
November 15, 2024
SpiceJet, Canada's EDC settle dispute
Mint Mumbai

SpiceJet, Canada's EDC settle dispute

SpiceJet on Thursday said it has settled a $90.8 million dispute with Export Development Canada for a total consideration of $22.5 million, leading to the airline taking ownership of 13 Q400 planes.

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1 min  |
November 15, 2024
Rupee falls to record low against USD
Mint Mumbai

Rupee falls to record low against USD

The rupee traded in a tight range and fell 4 paise to close at an all-time low of 84.43 (provisional) against the US dollar on Thursday, weighed down by unabated foreign fund outflows and strong dollar demand from investors.

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1 min  |
November 15, 2024
Mint Mumbai

World Bank to lend $150 bn in 10 years for climate projects

India to have a big share of the funding, World Bank's country director (India) said

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1 min  |
November 15, 2024
StanChart loses 4 financing bankers
Mint Mumbai

StanChart loses 4 financing bankers

Standard Chartered Plc is losing a handful of executives at its financing and credit business across India and Singapore amid a global restructuring and as an active dealmaking market boosts demand for bankers.

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1 min  |
November 15, 2024
Apple iCloud faces antitrust claim
Mint Mumbai

Apple iCloud faces antitrust claim

British consumer group Which? will launch legal action against Apple on Thursday, alleging the tech giant breached competition law by effectively locking millions of its customers into its iCloud service.

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1 min  |
November 15, 2024
It's a legacy agriculture company - and your newest AI vendor
Mint Mumbai

It's a legacy agriculture company - and your newest AI vendor

Companies now find it critical to augment general models with more industry-specific data if they're going to be useful

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3 mins  |
November 15, 2024
Vaz, Mani and Gupta to head RIL-Disney JV
Mint Mumbai

Vaz, Mani and Gupta to head RIL-Disney JV

The ₹70,000-cr media giant is likely to transform entertainment in India

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2 mins  |
November 15, 2024
Trump and Putin's rapport masks deeper tensions
Mint Mumbai

Trump and Putin's rapport masks deeper tensions

Warm words between two leaders doesn't necessarily signal a thaw in U.S.-Russia relations

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5 mins  |
November 15, 2024
Mint Mumbai

CCPA orders investigation into Ola Electric

Many customers reported that issues persisted as complaints were closed prematurely without result

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1 min  |
November 15, 2024
'Revised norms will benefit big auditors'
Mint Mumbai

'Revised norms will benefit big auditors'

Proposed revisions in the audit standard for consolidated financial statements of business groups could lead to the concentration of the audit market around big audit firms at the expense of other auditors, said an official of the Institute of Chartered Accountants of India (ICAI), the profession's self-regulator and rule maker.

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2 mins  |
November 15, 2024
Mint Mumbai

Muted Q2 sparks a rethink at Mamaearth

Honasa Consumer Ltd, the listed beauty and personal care firm behind Mamaearth, plans to make significant adjustments to its product lineup, marketing approach, and investment allocation across categories to revive growth for its flagship brand, which underperformed in the September quarter.

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1 min  |
November 15, 2024
'Design cities for next 100 years, think big'
Mint Mumbai

'Design cities for next 100 years, think big'

DLF's K.P. Singh calls for the overhaul of India's urban planning approach

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2 mins  |
November 15, 2024
Companies scan diversity, inclusion before M&A deals
Mint Mumbai

Companies scan diversity, inclusion before M&A deals

The rising importance of D&I is closely tied to the growing focus on ESG assessments

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3 mins  |
November 15, 2024
Sebi curbs to help boost BSE's Sensex options, says CEO
Mint Mumbai

Sebi curbs to help boost BSE's Sensex options, says CEO

BSE & NSE have been asked to offer one weekly options expiry as 9 in 10 individuals lose money in index options

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1 min  |
November 15, 2024
Mint Mumbai

Tata Chemicals Europe rejig helps, but soda ash is a worry

Tata Chemicals Europe Ltd (TCEL), a subsidiary of Tata Chemicals Ltd, has embarked on a restructuring exercise.

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1 min  |
November 15, 2024
Clarity on AGR to help raise bank debt, says Voda Idea CEO
Mint Mumbai

Clarity on AGR to help raise bank debt, says Voda Idea CEO

Clarity from the government on adjusted gross revenue (AGR) will move the needle on Vodafone Idea Ltd's efforts to raise debt from lenders, its top executive said, adding that promoters, along with the management, were in discussions with banks for raising ₹35,000 crore.

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1 min  |
November 15, 2024
ONGC banks on two key factors
Mint Mumbai

ONGC banks on two key factors

Oil and Natural Gas Corp. Ltd's (ONGC) standalone gross crude realization fell about 8% year-on-year in the September quarter (Q2FY25) to $78.3 a barrel.

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2 mins  |
November 15, 2024
Pavestone raises nearly $100 mn
Mint Mumbai

Pavestone raises nearly $100 mn

Hyderabad-based venture capital firm Pavestone VC, which invests in early- and growth-stage firms, has closed its maiden fund with a corpus of ₹816 crore (about $97 million).

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1 min  |
November 15, 2024
PW hires new CFO ahead of 2025 IPO
Mint Mumbai

PW hires new CFO ahead of 2025 IPO

Physics Wallah (PW), the Lightspeed-backed edtech unicorn, has appointed Amit Sachdeva as chief financial officer as it gears up for a public-market debut in 2025.

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1 min  |
November 15, 2024