CATEGORIES

Manipur: 'If govt doesn't act, we will'
Mint Mumbai

Manipur: 'If govt doesn't act, we will'

The Supreme Court (SC) on Thursday took suo motu cognizance of a video depicting women being sexually assaulted in violence-hit Manipur, terming it “deeply disturbing\" and the “grossest violation of constitutional rights\".

time-read
3 mins  |
July 21, 2023
Bruce Lee's legacy endures 50 years on
Mint Mumbai

Bruce Lee's legacy endures 50 years on

Hong Kong businessman W. Wong still remembers the day in 1972 when he first heard neighbourhood kids rave about a figure who seemed larger than life: Bruce Lee.

time-read
2 mins  |
July 20, 2023
Remote work looks inevitable: So let's focus on fixing its bugs
Mint Mumbai

Remote work looks inevitable: So let's focus on fixing its bugs

WFH drawbacks like low in-person contact aren't easy to address

time-read
3 mins  |
July 20, 2023
Dispel myths around innovation to create a culture that fosters it
Mint Mumbai

Dispel myths around innovation to create a culture that fosters it

The truth of this multifaceted concept must be understood closely if we are to generate the magic fuel needed for its ignition

time-read
4 mins  |
July 20, 2023
India's G20 presidency: Let's be more ambitious
Mint Mumbai

India's G20 presidency: Let's be more ambitious

While G20 communiques prove elusive, India has little time left to get a better deal for the Global South. The effort to reform institutions must cover World Bank and IMF ownership

time-read
2 mins  |
July 20, 2023
FMCG cos to amp up marketing this fiscal
Mint Mumbai

FMCG cos to amp up marketing this fiscal

Cheaper inputs help firms spend more on advertising, marketing

time-read
2 mins  |
July 20, 2023
Fresh bids for advanced chemistry cells
Mint Mumbai

Fresh bids for advanced chemistry cells

The ministry of heavy industries will be issuing a fresh tender for applications under the production-linked incentive scheme inviting bids for the ₹18,000-crore Advanced Chemistry Cells, or ACC project. The scheme aims to incentivize production of 20GWh battery storage capacity, it said on Wednesday.

time-read
2 mins  |
July 20, 2023
Tata Sons to set up £4 bn battery factory in UK
Mint Mumbai

Tata Sons to set up £4 bn battery factory in UK

Tata Sons on Wednesday said it would invest £4 billion ($5.16 billion) to establish a new 40GW battery cell gigafactory in the UK.

time-read
1 min  |
July 20, 2023
NHPC weighs IPO, stake sale of clean energy arm
Mint Mumbai

NHPC weighs IPO, stake sale of clean energy arm

State-run NHPC Ltd plans to take its clean energy subsidiary NHPC Renewable Energy Ltd (NREL) public or sell its stake to strategic investors through private placements in two-three years, Rajendra Prasad Goyal, director, finance, NHPC, said in an interview.

time-read
2 mins  |
July 20, 2023
Stage set for Hollywood's big box office clash
Mint Mumbai

Stage set for Hollywood's big box office clash

In what’s shaping up to be the biggest weekend for Hollywood at the box office after many months, Christopher Nolan’s Oppenheimer and Greta Gerwig’s Barbie are set to engage in a theatrical clash, generating immense excitement not only for the viewers in their home market but also among Indian fans.

time-read
1 min  |
July 20, 2023
Apple developing generative Al tools, tests Apple GPT
Mint Mumbai

Apple developing generative Al tools, tests Apple GPT

Apple Inc. is quietly working on artificial intelligence (AI) tools that could challenge those of OpenAI Inc., Alphabet Inc.'s Google and others, but the company has yet to devise a clear strategy for releasing the technology to consumers.

time-read
1 min  |
July 20, 2023
'HDFC Bank's focus is on service, inclusion, digital'
Mint Mumbai

'HDFC Bank's focus is on service, inclusion, digital'

CEO Jagdishan emphasizes importance of supportive culture in letter to shareholders

time-read
2 mins  |
July 20, 2023
Cautious outlook for specialty chemical manufacturers
Mint Mumbai

Cautious outlook for specialty chemical manufacturers

Multiple specialty chemical manufacturers are staring at weak prospects in the near term, led by weak global demand and destocking of inventory.

time-read
1 min  |
July 20, 2023
India's sunflower oil imports may decline
Mint Mumbai

India's sunflower oil imports may decline

India's imports of sunflower oil are likely to fall in the coming months as it becomes uncompetitive against rival oils due to rising prices after Russia withdrew from the Black Sea grain deal, industry officials told Reuters.

time-read
1 min  |
July 20, 2023
'Doubling data centre capacity'
Mint Mumbai

'Doubling data centre capacity'

NTT Ltd, which merged its data centre and information technology (IT) services divisions last October, is bullish on India, having announced a five-year, $2.5 billion investment in January to build data centres in Maharashtra.

time-read
3 mins  |
July 20, 2023
MDBs should partner private cos for development: Report
Mint Mumbai

MDBs should partner private cos for development: Report

Development banks should change their approach in order to bring the private sector into the centre of efforts to mobilise finance for sustainable development strategies, according to the independent panel that advise G20 nations on improving the balance sheets of multilateral institutions.

time-read
1 min  |
July 20, 2023
'India could have played more active role in West Asia'
Mint Mumbai

'India could have played more active role in West Asia'

India could have played a more active role in West Asia, said Iranian Deputy Foreign Minister Ali Bagheri Kani, just months after China helped broker a key normalisation pact between Iran and Saudi Arabia.

time-read
1 min  |
July 20, 2023
Action plan to fight growing microbial resistance on cards
Mint Mumbai

Action plan to fight growing microbial resistance on cards

The Union health ministry is working on a national plan to combat anti-microbial resistance (AMR) that is becoming a public health threat, a government aware of the matter said.

time-read
1 min  |
July 20, 2023
'Announcements on chip fabs soon'
Mint Mumbai

'Announcements on chip fabs soon'

India will soon announce a 40 nanometre (nm) semiconductor fabrication unit and multiple compound fab proposals under the modified semiconductor investment scheme, minister of state for electronics and IT Rajeev Chandrasekhar said.

time-read
2 mins  |
July 20, 2023
Go First may have to sign new leases before relaunch
Mint Mumbai

Go First may have to sign new leases before relaunch

Go First must sign fresh lease agreements for 30-35 aircraft since lessors have already terminated the previous ones following its insolvency filing, two people aware of the development said, delaying the low-fare airline’s plans for a quick return to skies.

time-read
3 mins  |
July 20, 2023
Vedanta makes a fresh bid to sell steel biz ESL
Mint Mumbai

Vedanta makes a fresh bid to sell steel biz ESL

After failed December attempt, Citigroup, JPMorgan mandated for sale

time-read
4 mins  |
July 20, 2023
Sunak's migration law passes last hurdle
Mint Mumbai

Sunak's migration law passes last hurdle

Rishi Sunak's Illegal Migration Bill is set to become law after clearing its final parliamentary hurdle, in a rare boost to the UK prime minister as he struggles to keep his pledge to stop asylum seekers entering by boat.

time-read
1 min  |
July 19, 2023
ARK writes down Twitter stake by 47%
Mint Mumbai

ARK writes down Twitter stake by 47%

Cathie Wood's ARK Investment Management has written down its stake in Twitter by 47% since Elon Musk took the social-media company private last year, Wood said in an interview.

time-read
1 min  |
July 19, 2023
Nations can boost climate work, China's Li tells US's Kerry
Mint Mumbai

Nations can boost climate work, China's Li tells US's Kerry

US and China are seeking to reset relations marked by tensions over trade controls, Taiwan and human rights

time-read
2 mins  |
July 19, 2023
Goa's Mopa airport inks two hotel deals
Mint Mumbai

Goa's Mopa airport inks two hotel deals

The developer of Manohar International Airport at Mopa in North Goa has signed agreements to build two hotels at the plots earmarked for the purpose, three people aware of the matter said. An official announcement is expected this month.

time-read
2 mins  |
July 19, 2023
'Find your customers, investors will follow'
Mint Mumbai

'Find your customers, investors will follow'

Mashgin's system significantly speeds up the checkout process for buyers

time-read
2 mins  |
July 19, 2023
No plan to raise capital: IndusInd CEO
Mint Mumbai

No plan to raise capital: IndusInd CEO

IndusInd Bank clarified on Tuesday that it has no plan to raise additional capital, despite its promoter, the Hinduja group, seeking to raise its stake in the bank. With a total capital adequacy of 18%, the bank believes it is well-capitalized and will not look at raising fresh capital unless the core equity capital falls below 14%. Currently, the common equity tier 1 capital (CETI) or a bank's core capital stands at 16.44%.

time-read
1 min  |
July 19, 2023
Bombay HC to hear plea challenging Adani co's Dharavi win
Mint Mumbai

Bombay HC to hear plea challenging Adani co's Dharavi win

The Bombay high court (HC) on Tuesday allowed a petition by Dubai-based Seclink Technologies Corp. challenging the Maharashtra government's resolution to award the Dharavi redevelopment project to an Adani group firm, a lawyer familiar with the matter said. Adani Properties had placed a bid of ₹5,069 crore to redevelop Asia's largest slum.

time-read
1 min  |
July 19, 2023
ADIA to enter GIFT City, more sovereign funds could follow
Mint Mumbai

ADIA to enter GIFT City, more sovereign funds could follow

The International Financial Services Centre (IFSC), in Gandhinagar's GIFT City, has secured the backing of the Abu Dhabi Investment Authority (ADIA), which has $853 billion in assets.

time-read
1 min  |
July 19, 2023
Meity may bat for lower duty on electronics parts imports
Mint Mumbai

Meity may bat for lower duty on electronics parts imports

Domestic manufacturing of mobile phones, gadgets may benefit from cheaper parts

time-read
2 mins  |
July 19, 2023