CATEGORIES

ITC hotel spinoff at 10:1 ratio, IPO in 15 months
Mint Mumbai

ITC hotel spinoff at 10:1 ratio, IPO in 15 months

ITC shareholders will hold a 60% direct stake in the new hotel venture

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1 min  |
August 15, 2023
The population puzzle: what Indians feel
Mint Mumbai

The population puzzle: what Indians feel

With one foot in tradition and the other in modernity, young Indians are leading several demographic shifts that will define the next phase of change in the world’s most populous country, finds the latest round of the YouGov-Mint-CPR survey.

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6 mins  |
August 15, 2023
Covid failed to blunt investments in IPR
Mint Mumbai

Covid failed to blunt investments in IPR

India’s overall investment in fixed assets, meanwhile, saw a decline, indicating a heightened focus on innovation within boardrooms

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3 mins  |
August 15, 2023
Muthoot missing the Midas touch
Mint Mumbai

Muthoot missing the Midas touch

Assets under management (AUM) of its mainstay gold loan business clocked nearly 18% year-on-year growth and 7% sequentially to ₹66,039 crore in the June quarter (Q1FY24).

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2 mins  |
August 15, 2023
Xpressbees acquires logistics co Trackon to serve small firms
Mint Mumbai

Xpressbees acquires logistics co Trackon to serve small firms

BusyBees Logistics Solutions Pvt. Ltd, which runs logistics services startup Xpressbees, said on Monday it has acquired logistics company Trackon Couriers Pvt Ltd. Financial details of the deal weren't disclosed.

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1 min  |
August 15, 2023
Plan for India-Sri Lanka power line project in advanced stages
Mint Mumbai

Plan for India-Sri Lanka power line project in advanced stages

It will help crisis-hit Sri Lanka improve its energy security after the country saw widespread power shortages in 2022.

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1 min  |
August 15, 2023
Ready for carbon tax? Govt wants steel firms to find out
Mint Mumbai

Ready for carbon tax? Govt wants steel firms to find out

The development comes at a time when India is exploring tariff and non-tariff measures to counter EU’s Carbon Border Adjustment Mechanism (CBAM) that proposes to tax ‘embedded carbon’ in imports of steel, aluminium, cement, hydrogen, electricity and fertilizers from 1 Jan 2026.

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2 mins  |
August 15, 2023
Laid-off startup CXOS struggle in job market
Mint Mumbai

Laid-off startup CXOS struggle in job market

Xpheno estimates that in the last 18 months, about 40-50 CXOs have been laid off across startups

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3 mins  |
August 15, 2023
Nirma sole suitor for Glenmark Life
Mint Mumbai

Nirma sole suitor for Glenmark Life

The bid came in late last week after the company extended the deadline a second time

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2 mins  |
August 15, 2023
Adani probe: Sebi seeks 15 more days
Mint Mumbai

Adani probe: Sebi seeks 15 more days

Sebi said the extension would allow it to submit the final status report on 24 issues it has investigated in connection with the Hindenburg report

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3 mins  |
August 15, 2023
Retail inflation roars to 7.44% as food costs bite
Mint Mumbai

Retail inflation roars to 7.44% as food costs bite

Food inflation quickens to 11.51%, the highest level since October 2020

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3 mins  |
August 15, 2023
Privacy Law: Under-18s May Be Defined As Minors In Gaming
Mint Mumbai

Privacy Law: Under-18s May Be Defined As Minors In Gaming

The government may define individuals below 18 years as underage for the online gaming sector for processing of personal data, while the definition of underage might be revised in the case of edtech and healthcare sectors under the digital personal data protection law, a senior official aware of the matter said

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2 mins  |
August 14, 2023
The Big Jobs Debate: Who's At Risk From GenAI?
Mint Mumbai

The Big Jobs Debate: Who's At Risk From GenAI?

Previous tech waves impacted the blue-collar worker. Now, the white-collar employee's future is more threatened

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8 mins  |
August 14, 2023
How To Govern The AI Industry Must Be Accorded High Priority
Mint Mumbai

How To Govern The AI Industry Must Be Accorded High Priority

Our discussion must leap from vague anxiety to the details of how best to harness this technology

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3 mins  |
August 14, 2023
Gadar 2 Gives Single-Screen Cinemas A Much-Needed Boost
Mint Mumbai

Gadar 2 Gives Single-Screen Cinemas A Much-Needed Boost

Gadar 2, a sequel to the 2001 hit, has finally brought some cheer to pandemic-hit small, singlescreen cinemas in the Hindi-speaking belt with audiences returning in droves

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1 min  |
August 14, 2023
China's Economic Slump May Yet Wash Up On Foreign Shores
Mint Mumbai

China's Economic Slump May Yet Wash Up On Foreign Shores

Gloom from the worlds second largest economy could affect us all

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3 mins  |
August 14, 2023
The office of the future requires just one rule
Mint Mumbai

The office of the future requires just one rule

Treat every individual like an adult-that's what it takes for all the generations in the workplace to work together effectively

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3 mins  |
August 14, 2023
Know the costs associated with pregnancy and childbirth in India
Mint Mumbai

Know the costs associated with pregnancy and childbirth in India

Expectant parents need to weigh several variables, including pregnancy complications and hospitalization costs

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5 mins  |
August 14, 2023
More low-priced tomatoes sold in Delhi
Mint Mumbai

More low-priced tomatoes sold in Delhi

The government, via the National Cooperative Consumers' Federation of India (NCCF), sold 36.5 tonnes of tomatoes on Saturday in Delhi alone under a special sale programme

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1 min  |
August 14, 2023
Maui loses at least 93 lives in deadliest wildfire of century
Mint Mumbai

Maui loses at least 93 lives in deadliest wildfire of century

Firefighters continued to work to extinguish flare-ups and contain fires in Lahaina and two other places

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4 mins  |
August 14, 2023
Nearly 150,000 merchants are on ONDC today: CEO
Mint Mumbai

Nearly 150,000 merchants are on ONDC today: CEO

The Open Network for Digital Commerce (ONDC) now has nearly 150,000 merchants on its platform, the head of the government-backed non-profit e-commerce protocol said, underlining its widespread adoption across the country

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2 mins  |
August 14, 2023
Air India Express rebranding may be a mix of old and new
Mint Mumbai

Air India Express rebranding may be a mix of old and new

It will be launched in October when the airline gets its first new Boeing 737 Max aircraft

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2 mins  |
August 14, 2023
Tilaknagar looks to invest in brand building
Mint Mumbai

Tilaknagar looks to invest in brand building

Liquor company Tilaknagar Industries will step up investments in its brandy and gin lines during this financial year now that the firm has prepaid its restructured debt, freeing up additional cash for brand building

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1 min  |
August 14, 2023
'Finfluencers should not mislead public'
Mint Mumbai

'Finfluencers should not mislead public'

India's markets regulator is faced with a Catch-22 situation as it rachets up efforts to increase the country's financial awareness

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3 mins  |
August 14, 2023
Venture funding up 17% last week; deal volume picks up too
Mint Mumbai

Venture funding up 17% last week; deal volume picks up too

Private equity and venture capital funding rose last week from the preceding week buoyed by a big-ticket transaction

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1 min  |
August 14, 2023
'Will deploy over $1 bn in India over five years'
Mint Mumbai

'Will deploy over $1 bn in India over five years'

Ethos Asset Management, a California-based private investment firm that offers long-term loans to projects, recently said it will enter the Indian market with plans to deploy more than $1 billion in the country over the next five years

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2 mins  |
August 14, 2023
WFP taps India for 200,00 tonnes of rice as global hunger worsens
Mint Mumbai

WFP taps India for 200,00 tonnes of rice as global hunger worsens

The World Food Programme has sought 200,000 tonnes of rice for its humanitarian operations from India, the largest exporter of the commodity, amid what it called \"catastrophic levels of global food insecurity triggered by the covid-19 pandemic and the Ukraine war, two people aware of the development said

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2 mins  |
August 14, 2023
Positive signals from Aus FTA utilization
Mint Mumbai

Positive signals from Aus FTA utilization

Indian exports to Australia slipped over 30% in the five months after a partial free trade deal came into effect in January, but the utilization rate of country-of-origin certificates an indicator of how much the deal is benefiting exporters-has reached 90%, an official aware of the development said

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1 min  |
August 14, 2023
India plans own certification for digital public infra, goods
Mint Mumbai

India plans own certification for digital public infra, goods

Talks under way with multilateral forums like UN, G20 to collaborate on rating mechanism

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2 mins  |
August 14, 2023
Samsung to get up to ₹600 cr as phone manufacturing PLI
Mint Mumbai

Samsung to get up to ₹600 cr as phone manufacturing PLI

The Union government is likely to disburse up to ₹600 crore to South T Korea's Samsung Electronics Co. Ltd for the first year under the production-linked incentive (PLI) scheme for mobile phone manufacturing, three people aware of the development said

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2 mins  |
August 14, 2023