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Mint Mumbai

Cell for handling new health crises planned

The cell would meet regularly during crises, or it would meet as and when required to fix priorities

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1 min  |
November 11, 2024
Mint Mumbai

THE WORRYING RISE OF FRAUDSTERS ON THE PROWL ONLINE

Within the first three months of 2024, fraudsters had extorted sums totalling ₹120.3 crore

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3 mins  |
November 11, 2024
PSUs in a bind on arbitration powers
Mint Mumbai

PSUs in a bind on arbitration powers

The Supreme Court's move to slash the powers of state-run companies to unilaterally appoint arbitrators on Chief Justice D. Y. Chandrachud's last day in office leaves the country's public sector units (PSUs) in a cloud of uncertainty.

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2 mins  |
November 11, 2024
Mint Mumbai

Clean energy sees surge in foreign investment but other sectors decline

Foreign Direct Investment (FDI) equity inflows in the non-conventional energy sector surged in the first three months of this financial year, making it the tenth-largest FDI destination of all time, underscoring rising global interest in India's green energy initiatives.

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1 min  |
November 11, 2024
Electric 3-wheeler subsidies for FY25 halt as sales hit cap
Mint Mumbai

Electric 3-wheeler subsidies for FY25 halt as sales hit cap

The removal of a central government subsidy will likely make popular electric three-wheelers dearer for the rest of this fiscal year, potentially disrupting sales of manufacturers such as Bajaj Auto, Mahindra Last Mile Mobility and Piaggio.

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2 mins  |
November 11, 2024
NFRA begins audit standards overhaul
Mint Mumbai

NFRA begins audit standards overhaul

Review of ICAI's 38 audit standards, plus two quality standards

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3 mins  |
November 11, 2024
Mint Mumbai

Gold loans glitter on personal loan crackdown

The regulatory clampdown on unsecured personal loans has given a fillip to loans against the yellow metal, with gold loans soaring in the last few months.

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2 mins  |
November 11, 2024
Mint Mumbai

Premium the watchword for SBI as Q2 profits surge

Chairman says the bank will compete on quality of service, not on deposit rates

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3 mins  |
November 09, 2024
India eyes grants, loans for Global South at COP29
Mint Mumbai

India eyes grants, loans for Global South at COP29

India plans to leverage its climate commitments to pitch for grants and concessional loans, instead of investments for the Global South, at the upcoming climate negotiations in Baku, two people aware of the matter said.

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2 mins  |
November 09, 2024
Tata Steel's Q2 show weighed down by slow Europe revival
Mint Mumbai

Tata Steel's Q2 show weighed down by slow Europe revival

The September quarter (Q2FY25) earnings of Tata Steel Ltd had its share of positives even as European operations remain a drag.

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2 mins  |
November 09, 2024
Spectre of fall in revenue nixes telecom levy cut
Mint Mumbai

Spectre of fall in revenue nixes telecom levy cut

Indian telecom service providers' hopes to get relief from levies on adjusted gross revenue (AGR) might get dashed on the Union finance ministry's revenue concerns, according to two senior officials close to the discussions.

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3 mins  |
November 09, 2024
Zomato, Swiggy face CCI heat on antitrust violation
Mint Mumbai

Zomato, Swiggy face CCI heat on antitrust violation

An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring select restaurants listed on their platforms, documents show.

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2 mins  |
November 09, 2024
Trump enters just as the Fed is shifting its focus
Mint Mumbai

Trump enters just as the Fed is shifting its focus

With its second consecutive interest-rate cut this year, the Federal Reserve is attempting to boost the odds of a soft landing.

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4 mins  |
November 09, 2024
Regulator gets staff to enforce drug quality
Mint Mumbai

Regulator gets staff to enforce drug quality

The govt is planning to fill 250 new positions to strengthen enforcement

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2 mins  |
November 09, 2024
Mint Mumbai

Govt unveils scheme for meditech industry

The government on Friday launched a scheme aimed at strengthening the medical devices industry with an initial outlay of ₹500 crore for three years 2024-2025 to 2026-27.

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1 min  |
November 09, 2024
Mint Mumbai

RATAN TATA MADE INDIA A BETTER, KINDER PLACE

Shri Ratan Tata's support for the Swachh Bharat Mission was close to my heart

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3 mins  |
November 09, 2024
Ministry cancels allocation of coal block to JSW Steel
Mint Mumbai

Ministry cancels allocation of coal block to JSW Steel

The Union coal ministry has annulled the allocation of the Banai-Bhalumunda coal block in Chhattisgarh to Sajjan Jindal-led JSW Steel over the non-payment of a performance bank guarantee worth about ₹1,000 crore.

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1 min  |
November 09, 2024
LIC evaluating health insurers to buy stake
Mint Mumbai

LIC evaluating health insurers to buy stake

MD Siddhartha Mohanty says LIC is looking to close a deal by March

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2 mins  |
November 09, 2024
Ola Electric Q2 loss narrows to ₹495 cr, revenue jumps 39%
Mint Mumbai

Ola Electric Q2 loss narrows to ₹495 cr, revenue jumps 39%

Electric two-wheeler maker Ola Electric Mobility posted a consolidated net loss of ₹495 crore for the September 2024 quarter (Q2FY25) on Friday, 8 November.

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2 mins  |
November 09, 2024
PFC declines SP Group's ₹20,000-cr loan proposal
Mint Mumbai

PFC declines SP Group's ₹20,000-cr loan proposal

State-run Power Finance Corporation (PFC) has decided not to go ahead with the ₹20,000-crore loan proposal to Shapoorji Pallonji Group (SP), PFC chairman Parminder Chopra said on a call with analysts on Friday.

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2 mins  |
November 09, 2024
Mint Mumbai

Haldiram Bhujiawala raises ₹235 cr from BVF

antomath's Bharat Value Fund (BVF) has invested ₹235 crore in Kolkata-based snack brand Haldiram Bhujiawala for a minority stake, the companies said in a statement on Friday.

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1 min  |
November 09, 2024
Mint Mumbai

Trent takes a breather from 50% plus growth in Q2

The closure of 25 stores—16 Zudio and nine Westside—capped overall growth this time around

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1 min  |
November 09, 2024
Mint Mumbai

AI rejigs top roles ahead of merger

Vistara CEO Vinod Kanan will hold the role of chief integration officer after the carrier merges with Air India

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1 min  |
November 09, 2024
Weak JLR, local sales bring down Tata Motors Q2 profit
Mint Mumbai

Weak JLR, local sales bring down Tata Motors Q2 profit

From Q3 onwards, the firm hopes to accrue benefits it's poised to get from the PLI scheme

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2 mins  |
November 09, 2024
Ravi Kumar S. THE HUNGRY CEO
Mint Mumbai

Ravi Kumar S. THE HUNGRY CEO

The CEO of Cognizant talks about his early failures, a scientific approach, how AI will transform technology, and being vulnerable

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7 mins  |
November 09, 2024
Trump enters just as the Fed is shifting its focus
Mint Mumbai

Trump enters just as the Fed is shifting its focus

FROM PAGE 16

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2 mins  |
November 09, 2024
Confessional rap from one of the genre's elite
Mint Mumbai

Confessional rap from one of the genre's elite

It's 2011, and I'm watching Late Night With Jimmy Fallon. The musical guest for the night is Odd Future, a little-known Los Angeles collective. In low-pitched, sinister tones, the masked rap insurgents growl out lines about ashing blunts, music blog beefs and serial killer Jeffrey Dahmer.

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3 mins  |
November 09, 2024
Symbolism from the '60s
Mint Mumbai

Symbolism from the '60s

A solo exhibition of the late abstractionist Bimal Das Gupta spans six decades

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2 mins  |
November 09, 2024
The quilt as a landscape for stories of the body
Mint Mumbai

The quilt as a landscape for stories of the body

In her new show, Bhasha Chakrabarti examines the connections between textiles and memories of the body

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4 mins  |
November 09, 2024
An art fair that responds to Mumbai's layered landscape
Mint Mumbai

An art fair that responds to Mumbai's layered landscape

At the forthcoming edition of Art Mumbai, the city becomes the muse as artists create site-specific installations to be juxtaposed against the skyline while galleries showcase the latest in contemporary art

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5 mins  |
November 09, 2024