CATEGORIES

The Outsider trying to restore Citi to investment-banking glory

Vis Raghavan wants his dealmakers to advise on and finance more private-equity deals

AI-enabled solutions help Siemens improve margin: Global CTO

The company is also working on developing large language model-based interface for industrial solutions

Yuvraj changes investment gear

Like in cricket, Yuvraj Singh has seen setbacks in his investment journey as well.

'Starlink must resolve issues'

Govt open to offering satellite broadband licence to Musk's firm, but awaits security assurances, says Scindia

Tamil cinema eyes Hindi belt as 'Kanguva' leads a new wave

After years of focusing on core southern markets, Tamil cinema is making significant strides to capture Hindi-speaking audiences.

How a US tech firm turned bigger than some Indian IT cos

EPAM's business had nearly come to a standstill due to the Russia-Ukraine conflict that began in February 2022

Mystery behind YouTube's finfluencer video takedown

Platform cites complaints from a 'govt entity', drawing criticism from creators and analysts

BCCI seeks to withdraw plea on Byju's insolvency

The Board of Control for Cricket in India (BCCI) on Tuesday sought an urgent hearing for its plea to withdraw an insolvency case against edtech firm Byju's.

See huge opportunity in courier aggregation business

There is a massive opportunity in courier aggregation as e-commerce is evolving fast and has sufficient headroom for growth in the coming years, Kapil Makhija, managing director and chief executive officer of listed e-commerce SaaS platform Unicommerce, told Mint, shortly after announcing the acquisition of courier aggregation and automation platform Shipway.

SoftBank swings to profit on India IPO boost

The firm earned a net income of ¥1.18 trillion in the Sept quarter, compared with a net loss of ¥931 billion last year

Bain & Co aims to triple India biz in 5 yrs

Bain and Co. is looking to triple its India business over the next five years given the country's growing potential in a post-global world, a top executive at the American consultancy said.

Hyundai Motor India profit drops 16% in Q2

The automaker's revenue slips 7.5% to ₹17,260.38 cr from ₹18,659.69 cr

StanChart looks to raise wealth management game in India

UK-based Standard Chartered Bank is looking to up its wealth management play in India, hiring more relationship managers and giving a facelift to several branches in a market that has recently attracted strong interest from global and domestic money managers.

NTPC Green Energy seeks $12 billion valuation in IPO

NTPC Green Energy Ltd is considering seeking a valuation of about $12 billion in what could be one of India's biggest initial public offerings in the renewable energy industry, according to people familiar with the matter.

Bitcoin blazes toward $90,000

The largest token has jumped about 32% since the US election on 5 Nov, hitting an all-time high of $89,599 on Tuesday

Faster deliveries won't strain profit

Beauty e-retailer Nykaa is pushing for faster order deliveries while side-stepping heavy capital outlays that could strain its bottom line, CEO for beauty e-commerce Anchit Nayar told analysts Tuesday after Nykaa's Q2 earnings results.

Devyani adds fresh brands to menu to beat demand blues

Devyani International Ltd continues to battle weak consumption demand, especially in urban areas.

Nifty, Sensex hit a low. What depths will the dip plumb?

Nifty 50 plunged to its lowest point in over four months, and the Sensex marked a three-month low On Tuesday

Why SAIL's growth outlook is dim

Shares of Steel Authority of India Ltd (SAIL) have dropped 7.5% since the company reported weak September quarter (Q2FY25) results on Thursday.

Transforming leaders of today and tomorrow for far-reaching changes that lie ahead

Egon Zehnder works closely with Boards as well as leaders, helping them find their unique voice and uncover the potential they might not otherwise recognize

Ex-Orios partners launch $75 mn fund

Anup Jain and Rajeev Suri, former managing partners of Orios Venture Partners, have launched a $75 million fund to back a mix of early and late-stage startups in fintech, climate and sustainability and consumer-driven B2C startups under their new investment vehicle—Blue Green Ventures.

NoBroker morphing into financial services company

NoBroker gets a fourth of its over ₹600 crore revenue from its financial services business

India in top 10 globally for patents, trademarks and industrial designs

India now ranks among the top 10 countries globally in the number of patents, trademarks and industrial design applications, according to the World Intellectual Property Organization's (WIPO) 2024 report on IP trends.

63 businesses find debt resolution in Q3

In the eight years since IBC came into force, 1,068 companies have been pulled back from insolvency

Centre asks states to list power utilities

Power minister Manohar Lal said ₹42 trillion of investments are required in the sector by 2030

Goods exports in Q3 may hit $107.5 bn

India's merchandise exports are likely to rise 1.85% year-on-year to $107.5 billion in the third quarter of FY25, according to India Exim Bank.

NFRA board revises all audit norms despite ICAI dissent

The matter of audit revision dates back to the 2009 Satyam Computers scandal

India aims to lift air cargo to beat Red Sea bump

India's commerce ministry is pitching for air cargo to ship products such as pharmaceuticals, textiles, electronics and perishables that rely on swift delivery as disruption in the Red Sea trade route has increased freight costs, two people aware of the development said.

Zepto eyes $250 mn from HNIs, wealth cos at flat valuation

Quick commerce startup Zepto is looking to raise about $250 million from high-net-worth individuals and wealth management firms, including Motilal Oswal, IIFL and InCred, at a near-flat valuation of $5 billion, three people familiar with the matter said.

Inflation chills rate hopes; IIP recovers

At 6.21%, retail inflation crosses all estimates; factory output up