CATEGORIES

Companies ready watches to cash to stem staff churn

An increasing number of young employees in India are leaving their jobs after only two-three years, frustrating employers and prompting companies to respond by designing policies and reward programmes to retain employees for longer.

Tata Motors to supply 25k EVS for Uber fleet network

Tata Motors, the largest maker of electric cars in India, has agreed to supply 25,000 of its X-Pres-T electric sedans to ride-hailing giant Uber's network of fleet partners in India's largest order for electric vehicles.

Air travel sets new record in February

Daily average domestic numbers at 418,000, up from Dec peak

ReNew may sell up to 30% in C&I projects

ReNew Energy Global Plc. is planning to sell a minority stake in its commercial and industrial (C&I) projects for around $300 million as part of its capital recycling strategy, two people aware of the development said.

How India's 'Disaster Diplomacy' Became A Potent Tool Of Statecraft

The first C-17s laden with emergency supplies and disaster relief personnel landed in Adana in Turkey within 24 hours of the devastating 6 February earthquakes that have claimed close to 50,000 lives in Turkey and Syria.

RHI Magnesita plans ₹3,600 cr investment to grow capacity in India: CEO

RHI Magnesita India is a manufacturer and supplier of refractory products, systems, and solutions for industries such as steel, cement, non-ferrous metals, and glass.

NARCL may revive Srei's infra finance, shut equipment biz

NARCL (National Asset Reconstruction Company) on Wednesday won the bid to take over the two Srei group firms SIFL and Srei Equipment Finance Ltd (SEFL)through an insolvency process.

Tax sops for power storage projects

The Central Electricity Authority (CEA) estimates regarding on-river pumped storage potential is 103 GW in India.

Domestic ESG-focused firms outperform global peers: RBI

The Reserve Bank of India (RBI) study of 18 economies with such frameworks, indicate that investors reward pro-climate and pro-socially oriented companies.

Drilling deeper in search of life's origins

A ship that has spent decades trying to drill à nearer to the earth's mantle is preparing for a new voyage to uncover clues to how life began.

Retail digi rupee finds few takers

India's experiment with the retail digital rupee (e-₹R) is off to a slow start with few merchants and limited volumes, even as banks remain optimistic about the promise of a digital currency.

SBI eyes bigger share of loans to private biz

State Bank of India (SBI) plans to transform its corporate banking franchise by making it more tech-driven as it seeks to raise its market share in loans to private businesses, according to a document reviewed by Mint.

MCA drops RoC approval for most corporate actions

The ministry of corporate affairs has simplified the process for corporate reporting, eliminating the need for approval by Registrars of Companies (RoCs) in most cases and allowing companies to fulfil their reporting obligations with an online acknowledgement, two people informed about the development said.

Adani's new cash figures draw investors' scrutiny

Group clubs non-current investments and security money as part of cash equivalents.

Musk shuts 2 of 3 Twitter offices in India

Twitter Inc. has shut two of its three India offices and told its staff to work from home, underscoring Elon Musk's mission to slash costs and get the struggling social media service in the black.

Deliveries rise in two Adani cos

Two Adani Group stocks, which account for almost half of investor wealth erosion in Adani Group stocks, have seen a rise in delivery volumes recently, following days of being locked at lower circuits, depriving many investors a chance to exit the counters.

SC seeks transparency on Adani expert panel

Court rejects Centre's sealed cover suggestions for committee

PUBG maker Krafton to invest in One Impression

Krafton, the South Korean game developer behind the popular online game PlayerUnknown's Battlegrounds (PUBG), is set to invest $10 million in influencer marketing platform One Impression, two people aware of the development said.

BJP, Congress slam Soros for 'Indian democracy' remark

The Bharatiya Janata Party and the opposition Congress hit out at George Soros on Friday, a day after the billionaire philanthropist seemed to target Prime Minister Narendra Modi at a public event.

Most women of 31-45 age in board rooms led by men

When it comes to breaking the glass ceiling in board rooms, women in the 31-45 age group appear to have a better chance than those younger or older.

China's new tech czar lays out plan to counter US sanctions

China's new technology overseer has outlined a sweeping blueprint to counter escalating US sanctions and decoupling supply chains by developing homegrown expertise in areas such as electric vehicles.

Byju's in talks to raise $500 mn funding

Byju's is in negotiations with investors including TPG to raise more than $500 million, a much-needed capital infusion that could help the world's most valuable edtech startup stave off potential debt issues.

Streaming apps woo differently-abled

Even as the Delhi high court has directed Yash Raj Films to add subtitles and audio descriptions for the visually impaired for the OTT release of Shah Rukh Khanstarrer Pathaan, executives at many streaming platforms say they have already been working on enabling such features in order to make the viewing experience more inclusive, at least for some titles.

HDFC raises ₹25,000 crore in India's largest rupee bond issue

Mortgage lender Housing Development Finance Corp Ltd (HDFC) on Thursday said it has raised ₹25,000 crore in 10-year bonds, dubbing it \"India's largest rupee bond issuance\".

India's merchandise exports gain in value from global prices

India shipped out fewer goods for more money in the first three quarters of the current fiscal year.

TCS, TDS to formalize economy

Finance minister Nirmala Sitharaman on Thursday defended the taxes collected or deducted at source at the time of transactions (TCS, TDS), saying these are adjusted later in the regular tax liability of parties and that the provisions are aimed at formalizing the economy.

HZL to persuade Centre on global zinc assets deal

Hindustan Zinc Ltd has solid grounds for its planned acquisition of parent Vedanta Ltd's global zinc assets, chief executive officer Arun Misra said, adding he will speak to government officials soon to resolve their opposition to the deal.

Startups swap cash bonus for stock sops as crunch deepens

Startups are pivoting from cash bonuses to stock options and other long-term incentives to retain talent as they look to extend their runway amid a tight fundraising market.

'Air India has option to buy 370 more aircraft'

Air India has the option to buy an additional 370 aircraft as part of its deal with aircraft makers Airbus and Boeing, chief commercial and transformation officer Nipun Aggarwal said.

Ather likely to join unicorn club with $250 mn fund raise

Ather Energy Pvt. Ltd, an electric two-wheeler maker, seeks to raise funding from current and new investors at a unicorn valuation, three people aware of the developments said.