CATEGORIES

PharmEasy plans 3,500 cr rights issue next week

Omnichannel pharmacy chain PharmEasy will raise ₹3,500 crore through a rights issue next week, multiple people aware of the development said, helping it repay a big chunk of its loans to Goldman Sachs

Parboiled rice may attract export levy

Govt is also weighing MEP of $1,250 per tonne for basmati rice

Brics & Mortar: Time To Rebuild The Grouping?

Prime Minister Narendra Modi will be in Johannesburg for the Brics leaders’ summit, starting today. The five-nation grouping will meet amid disagreements on expansion and a common currency. Questions persist over the bloc’s relevance, too. Mint explains:

Caratlane: Anatomy Of A Glittering Exit

Mithun Sacheti gets a dream exit from the only profitable startup in the Tata group stable

Central Banks May Need Greater Flexibility In Targeting Inflation

Cost-of-living readings are likely to stay volatile in the years ahead and so monetary policy targets might require revision

Russia's Moon Failure Dent To Its Space Partnership With China

The crash of Russia's Luna-25 spacecraft into the moon over the weekend isn't just a setback for President Vladimir Putin's ambitions to overcome war-related sanctions.

Why Young Women Are Prioritizing Fitness

An increasing number of women over 30 years are opting for an active lifestyle, owing to a shift in mindset that believes 'self-care is not selfish'

Why it may be a good idea to introduce junior to yoga

From improved flexibility to enhanced motor skills and calmness, yoga offers a multitude of benefits for young kids

Hamstring injuries and how to avoid them

If you play a sport that involves running, take care of your hamstring

Manufacturing hub ambitions aren't served by statist policies

The circuit board assembly, camera module, touch-screen display and glass cover account for three-fourths of the bill-of-materials cost of a smartphone.

We face hard options on the BRICS architecture

India must resist Beijing's attempts to use this platform to advance its geopolitical agenda as the world turns increasingly bipolar. New Delhi should retain its space to manoeuvre

China cuts key interest rate as economy slows

Financial troubles in the real estate sector pose a major obstacle to growth

Small OTT apps in a fix over Play Store policy

Regional and niche streaming platforms face risks from policy change

'Hero Future may go public in the next market upcycle'

Hero Future Energies will look at several options to raise funds over the next two-three years, including the launch of an initial public offering (IPO), chairman and managing director (CMD) Rahul Munjal said.

L&T to produce speciality pipes for Australian firm

Construction major Larsen and Toubro Ltd (L&T) has inked a manufacturing deal with Saipem and Clough JV for producing and supplying pipe-rack modules for Perdaman Chemicals and Fertilisers’ 2.3 million metric ton per annum urea facility in Australia.

Honor India return next month with strategic JV

PSAV Global will raise ₹1,000 cr in domestic loans to establish brand's operations

Adani promoters pick up 2.22% in flagship for over ₹6,000 cr

Kempas Trade and Investment Ltd, a promoter entity of Adani Group’s listed flagship Adani Enterprises Ltd, on Monday, said the entity has bought a 2.22% stake in the company from open market between 7 August and 18 August, according to regulatory filings.

Titan accelerates on CaratLane

Titan Co Ltd’s shares closed almost 1% up on Monday. Investors seem to be broadly viewing the purchase of additional stake in CaratLane Trading Pvt. Ltd as positive.

'Will be key LP in funds; weighing private credit'

Waterfield Advisors recently floated its second fund of funds (FoF) with an aim to grow its assets under management for Fof operations by nearly five times.

Marginal rain revival this week may not offset monsoon deficit: Skymet

Rainfall is expected to make a marginal recovery this week, but it may not be enough to offset August's 40% deficit in regional rains, private weather forecaster Skymet said.

Vietnam pushes for India visit by its PM

Vietnam is pushing for a visit to India by its Prime Minister Pham Minh Chinh, according to persons aware of the matter.

R&D mission to seek cures for ignored Indian diseases

The 10-year strategy unveiled in the new national policy will also focus on animal health care

Govt wants to know why UDAN didn't always fly

The civil aviation ministry will soon start a detailed evaluation of routes awarded under the government’s regional connectivity initiative, known as the Ude Desh ka Aam Naagrik (UDAN) scheme, which offers flight subsidies to underserved or unserved destinations.

Centre links interest-free capex loans to states' reform rollout

A central scheme for states introduced during the early days of the covid-19 outbreak to provide interest-free capital-expenditure (capex) loans will now come with strings attached as the government attempts to nudge states to implement specific reforms.

'India's digital infra can help global financial groups'

India is confident of achieving closure on key issues ahead of the upcoming G20 Leaders' Summit in New Delhi from 9 September.

Selling by funds spoils Jio Financial market debut

Jio Financial Services Ltd remained frozen at the 5% lower circuit on Monday after a tepid listing, in line with market expectations that passive funds tracking indices such as the Nifty and the Sensex will sell almost 150 million shares on its imminent exit from benchmark indices.

Onion market strike sparks price concern

The onion crisis in India could intensify further as the Agricultural Produce Market Committee (APMC) constituents in Nashik, home to the largest onion market in Asia, have declared an indefinite strike, two days after the Centre imposed a 40% export tax to pre-empt a price spike, following skyrocketing tomato prices on low supply.

Winter session: IBC, Cos Act tweaks likely

Government will also aim to introduce Digital Competition Bill

Are Investors Taking A Rosy View?

The June quarter earnings season is out of the way for equity investors. Performance of India Inc. was largely in line with expectations. Demand trends were mixed.

Can Beaten Xiaomi Reclaim Its Crown?

The Chinese smartphone maker is on a downward spiral in India but is plotting a comeback