CATEGORIES

INSIDE UNACADEMY'S LAB OF RUSHED EXPERIMENTS
Mint Mumbai

INSIDE UNACADEMY'S LAB OF RUSHED EXPERIMENTS

The startup is grappling with unsuccessful acquisitions and the challenges of establishing an offline presence

time-read
8 mins  |
February 23, 2024
Mint Mumbai

EU says Ukraine will feature prominently in its India talks

European diplomat Sannino expects India to support western sanctions on Russia

time-read
1 min  |
February 23, 2024
As hybrids gain popularity, sceptics ask if they are sufficiently green
Mint Mumbai

As hybrids gain popularity, sceptics ask if they are sufficiently green

More emissions are produced when making EVs and their batteries than when making gasoline-only cars

time-read
4 mins  |
February 23, 2024
China's metal demand takes a different shape as housing slumps
Mint Mumbai

China's metal demand takes a different shape as housing slumps

While China's housing market could take a while to recover, steel demand is getting a manufacturing and infra boost

time-read
2 mins  |
February 23, 2024
AI finds an unlikely benefactor: Blackstone CEO Schwarzman
Mint Mumbai

AI finds an unlikely benefactor: Blackstone CEO Schwarzman

The newly christened Schwarzman College of Computing at the MIT is set to open at the end of April

time-read
4 mins  |
February 23, 2024
New classification may claw back TV viewers
Mint Mumbai

New classification may claw back TV viewers

ISEC may breathe life into ailing genres such as English entertainment

time-read
2 mins  |
February 23, 2024
How Perplexity AI plans to disrupt Google's monopoly
Mint Mumbai

How Perplexity AI plans to disrupt Google's monopoly

The company's CEO is confident that it will emerge as a true challenger to the search giant

time-read
3 mins  |
February 23, 2024
Indian pharma cos eye weight-loss mkt
Mint Mumbai

Indian pharma cos eye weight-loss mkt

Indian drug-makers aiming to grab a slice of the burgeoning weight-loss treatment sales pie, both at home and abroad, have begun developing their own versions of Novo Nordisk's wildly in-demand Wegovy.

time-read
1 min  |
February 23, 2024
Birla eyes profits, ₹10,000 cr revenue for paints biz in 3 yrs
Mint Mumbai

Birla eyes profits, ₹10,000 cr revenue for paints biz in 3 yrs

Aditya Birla Group enters the decorative paints market, eyes number two spot in India

time-read
2 mins  |
February 23, 2024
Bharat Highways InvIT to float ₹2,500 crore IPO on 28 Feb
Mint Mumbai

Bharat Highways InvIT to float ₹2,500 crore IPO on 28 Feb

Bharat Highways Infrastructure InvIT, an investment trust, on Thursday said it will launch its ₹2,500 crore initial public offering (IPO) on 28 February.

time-read
1 min  |
February 23, 2024
Nifty hits record high amid volatile trading
Mint Mumbai

Nifty hits record high amid volatile trading

The Nifty soared to a record high of 22,252.50 for the fourth straight session on Thursday after gyrating 377.25 points between the day’s low and high.

time-read
1 min  |
February 23, 2024
Mint Mumbai

Office demand sees green shoots

The resurgence of Global Capability Centers (GCCs) has helped demand for Grade A office spaces make a comeback. This has meant an improved leasing trajectory for office asset owners, who have been grappling with muted demand lately.

time-read
2 mins  |
February 23, 2024
Cutbacks, salary delays at Log9
Mint Mumbai

Cutbacks, salary delays at Log9

Nanotechnology startup Log9 Materials has laid off more than 115 contract workers at its Bengaluru factory and postponed January salaries for employees, and payment to vendors, according to people aware of the matter.

time-read
1 min  |
February 23, 2024
Xoriant's digital engineering push with MapleLabs buyout
Mint Mumbai

Xoriant's digital engineering push with MapleLabs buyout

Xoriant, a California-based software engineering and digital services firm supported by homegrown private equity major ChrysCapital announced on Thursday the acquisition of Bengaluru-based technology solutions provider MapleLabs Inc. The company, however, did not disclose the financial details of the transaction.

time-read
1 min  |
February 23, 2024
ChatGPT spews gibberish, OpenAI blames it on 'bug'
Mint Mumbai

ChatGPT spews gibberish, OpenAI blames it on 'bug'

OpenAI updated the page with a message stating the tool was operating normally after over 16 hours

time-read
1 min  |
February 23, 2024
CVC Cap partners agrochem veteran for chemicals play
Mint Mumbai

CVC Cap partners agrochem veteran for chemicals play

European private equity firm CVC Capital, which announced the close of its sixth and latest Asia-focussed vehicle earlier this week, on Thursday said it has partnered with the agrochemical industry veteran Rajan Gajaria to invest in global chemicals and CDMO (contract development and manufacturing organizations) businesses.

time-read
1 min  |
February 23, 2024
KKR to bring chunk of Asia infra fund to India
Mint Mumbai

KKR to bring chunk of Asia infra fund to India

To expand investment horizon from Fund II after deploying 30% of Fund I

time-read
2 mins  |
February 23, 2024
Readymade garment exports up in Jan
Mint Mumbai

Readymade garment exports up in Jan

Key products such as crude oil, auto, chemicals, textiles etc. and steel have been affected by the Red Sea crisis

time-read
2 mins  |
February 23, 2024
Cabinet panel okays BrahMos missiles buy for Navy
Mint Mumbai

Cabinet panel okays BrahMos missiles buy for Navy

In a significant move, the Cabinet Committee on Security (CCS) has accorded approval for the procurement of more than 200 BrahMos supersonic cruise missiles and associated equipment for the Indian Navy at a cost of around ₹19,000 crore, people familiar with the matter said on Thursday.

time-read
1 min  |
February 23, 2024
Japanese stocks hit pre-bubble record
Mint Mumbai

Japanese stocks hit pre-bubble record

Japan's benchmark stock average on Thursday broke the record closing high set more than 34 years ago, a milestone in the country's recovery from a popped bubble that left the economy in the doldrums for decades.

time-read
3 mins  |
February 23, 2024
Space FDI to fuel nascent segment
Mint Mumbai

Space FDI to fuel nascent segment

Opening up FDI comes after the space policy for private sector was introduced in April last year

time-read
2 mins  |
February 23, 2024
Hero Future to raise $200 mn before IPO
Mint Mumbai

Hero Future to raise $200 mn before IPO

The spate of deals in India’s renewable energy space continues with Rahul Munjal-led Hero Future Energies Pvt. Ltd looking to hire JP Morgan for a pre-initial public offering (IPO) fundraising. The deal is expected to have an equity value of around $200 million, said two people aware of the development.

time-read
2 mins  |
February 23, 2024
Jio BP, Adani, Shell in talks to charge up highways
Mint Mumbai

Jio BP, Adani, Shell in talks to charge up highways

Adani Total Energy, Jio BP, Shell Mobility and the Aditya Birla Group are among private entities in talks with the government to set up charging stations along national highways under a new initiative to enhance electric mobility, two people aware of the development said.

time-read
2 mins  |
February 23, 2024
Premature change in policy action may hurt, warns MPC
Mint Mumbai

Premature change in policy action may hurt, warns MPC

Five members of the central bank’s six-member rate-setting committee warned against any premature change in policy action while embarking on the \"last mile of disinflation\", and voted to keep policy rates unchanged, minutes of its meeting held earlier this month showed.

time-read
2 mins  |
February 23, 2024
Flurry of decisions likely as polls near
Mint Mumbai

Flurry of decisions likely as polls near

Cabinet to clear several proposals before election code kicks in

time-read
3 mins  |
February 23, 2024
World Bank, Others Issue Rupee Bonds
Mint Mumbai

World Bank, Others Issue Rupee Bonds

The World Bank's lending arm and other global institutions have issued $1.4 billion worth of offshore rupee-denominated bonds so far this year to meet strong demand spurred by India's inclusion in JP Morgan's widely tracked emerging market debt index, two banking sources said.

time-read
1 min  |
February 22, 2024
What Consumers Need To Know About The Capital One-Discover Deal
Mint Mumbai

What Consumers Need To Know About The Capital One-Discover Deal

Capital One on Monday announced a $35 billion acquisition of Discover Financial Services, and right on cue Elizabeth Warren demanded that the Biden Administration block it. Yes, the same progressives who complain that big banks and Visa and Mastercard are too powerful now want to shield them from competition.

time-read
2 mins  |
February 22, 2024
New Treatments Are Emerging For Type-1 Diabetes
Mint Mumbai

New Treatments Are Emerging For Type-1 Diabetes

"WHERE ARE the islets of Langerhans?" is a trick question that pops up from time to time in quizzes. The answer is to be found not in atlases of geography, but rather in those of anatomy, for the so-called islets are in fact clusters of cells scattered through the pancreas. There they synthesise and release a range of hormones, including insulin, which regulates glucose levels and thus metabolism.

time-read
3 mins  |
February 22, 2024
Indian Banks' Rush For Clients Set For Reckoning Post Paytm
Mint Mumbai

Indian Banks' Rush For Clients Set For Reckoning Post Paytm

The central bank may get tougher before governor Shaktikanta Das steps down this year

time-read
3 mins  |
February 22, 2024
India, Greece Aim To Double Trade To About $4 Bn By 2030
Mint Mumbai

India, Greece Aim To Double Trade To About $4 Bn By 2030

Greek Prime Minister Kyriakos Mitsotakis on India visit, holds discussions with Modi

time-read
1 min  |
February 22, 2024