CATEGORIES

India Inc must get more competitive on growth
Mint Mumbai

India Inc must get more competitive on growth

A McKinsey study spotlights the growth imperative: businesses must compete on this score within their industry, not just aim to outpace GDP. It's what competitive markets demand

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2 mins  |
February 21, 2024
Farmers resume 'Delhi Chalo', Munda urges peace
Mint Mumbai

Farmers resume 'Delhi Chalo', Munda urges peace

Farmers reject Centre's proposal to buy pulses, maize and cotton crops at MSP

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1 min  |
February 21, 2024
Megaprojects in the desert sap Saudi Arabia's cash
Mint Mumbai

Megaprojects in the desert sap Saudi Arabia's cash

Saudi's sovereign-wealth fund last month said its cash levels as of September had fallen by nearly 3/4th

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5 mins  |
February 21, 2024
Creative professionals bullish on OpenAI Sora amid IP woes
Mint Mumbai

Creative professionals bullish on OpenAI Sora amid IP woes

Sora is not the absolute first of its kind, and faces competition from the likes of Runway, and Synthesia

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2 mins  |
February 21, 2024
'India's AI market to reach $17 bn by 2027'
Mint Mumbai

'India's AI market to reach $17 bn by 2027'

Growth will be fuelled by higher enterprise tech spending, AI talent base

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2 mins  |
February 21, 2024
Pocket FM to invest $40 mn in Pocket Novel, expand reading library
Mint Mumbai

Pocket FM to invest $40 mn in Pocket Novel, expand reading library

Audio series platform Pocket FM will invest $40 million in its online reading service Pocket Novel to enhance the latter's presence in the literary landscape and develop intellectual properties over the next year, said Rohan Nayak, co-founder and CEO, Pocket Novel.

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2 mins  |
February 21, 2024
Bigbasket quickens slotted deliveries to within 2 hours
Mint Mumbai

Bigbasket quickens slotted deliveries to within 2 hours

One-hour delivery likely to be introduced in a few months, says company CEO Hari Menon

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2 mins  |
February 21, 2024
Proof needed Greenwashing: for claims, say draft norms
Mint Mumbai

Proof needed Greenwashing: for claims, say draft norms

All green claims made by a person or an organization must be supported by verifiable evidence, according to new draft guidelines released on Tuesday for preventing greenwashing.

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1 min  |
February 21, 2024
Laptop, tablet shipments fall
Mint Mumbai

Laptop, tablet shipments fall

Shipments of laptops, desktops and tablets declined in India in 2023, hurt mainly by slow commercial deals from companies and lack of government contracts.

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1 min  |
February 21, 2024
EIH told to hand Wildflower over Hall to HP govt
Mint Mumbai

EIH told to hand Wildflower over Hall to HP govt

The legal battle between EIH and the HP govt over the heritage property in Shimla began 20 years ago

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1 min  |
February 21, 2024
JSW Group eyes multiple global auto OEM alliances
Mint Mumbai

JSW Group eyes multiple global auto OEM alliances

The discussions could culminate in a three-way deal or two separate joint ventures

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3 mins  |
February 21, 2024
Private sector firms must help push up capex: RBI bulletin
Mint Mumbai

Private sector firms must help push up capex: RBI bulletin

Reserve Bank of India officials have exhorted private companies to lead the way in expanding capital expenditure, a space dominated by the government.

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1 min  |
February 21, 2024
Ireda planning arm to finance rooftop solar, electric vehicles
Mint Mumbai

Ireda planning arm to finance rooftop solar, electric vehicles

State-run Indian Renewable Energy Development Agency Ltd (Ireda) is planning to set up a subsidiary to finance business to consumer or retail segments including rooftop solar installations and electric vehicles (EV).

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1 min  |
February 21, 2024
Mint Mumbai

Volume growth to be in focus for Coal India

Coal India Ltd's (CIL) realization from coal sold through the e-auction route picked up sequentially in the three months ended December (Q3FY24), after falling for four straight quarters.

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2 mins  |
February 21, 2024
Jungle Ventures doubles down on F&B
Mint Mumbai

Jungle Ventures doubles down on F&B

Singapore-based venture capital firm Jungle Ventures, known for backing unicorns like Moglix and Livspace, has doubled down on its initial investment in the food and beverage sector, injecting $20 million (₹166 crore) into homegrown ice cream maker Walko Food Co. Pvt. Ltd.

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1 min  |
February 21, 2024
Innoviti in talks to raise pre-IPO funding
Mint Mumbai

Innoviti in talks to raise pre-IPO funding

Fintech company Innoviti Technologies Pvt. Ltd is planning to raise a pre-initial public offering (IPO) funding round from new and existing investors, at least two people in the know said.

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1 min  |
February 21, 2024
Microgravity eyes $4 mn for expansion, 10 new stores in 2 yrs
Mint Mumbai

Microgravity eyes $4 mn for expansion, 10 new stores in 2 yrs

The company is planning to set up virtual reality gaming arenas at IT-enabled services and BPO firms

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2 mins  |
February 21, 2024
Stellaris adds gen-AI, sustainability themes
Mint Mumbai

Stellaris adds gen-AI, sustainability themes

The firm expects significant rise in deal activity over the next year

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2 mins  |
February 21, 2024
India's LNG terminal plans in Iraq face visa, security hurdles
Mint Mumbai

India's LNG terminal plans in Iraq face visa, security hurdles

Plans to set up a liquified natural gas terminal in Iraq are yet to take off, as Iraq is yet to issue visas to officials from Indian oil and gas and EPC (engineering, procurement and construction) companies amid persistent security concerns in the country.

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1 min  |
February 21, 2024
Keen on FTA with India: New Zealand envoy
Mint Mumbai

Keen on FTA with India: New Zealand envoy

New Zealand is keen to conclude a free trade agreement (FTA) with India, the country's high commissioner said as he sought to dispel the notion that such a deal will be skewed towards New Zealand.

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1 min  |
February 21, 2024
Road ministry scheme to end contractual disputes
Mint Mumbai

Road ministry scheme to end contractual disputes

Disputes involving the Centre and its undertakings are blocking investments in road sector

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2 mins  |
February 21, 2024
The onion peel that promises a sugar high
Mint Mumbai

The onion peel that promises a sugar high

The government is putting its money where its sweet tooth is, the zero-sugar way. The consumer affairs ministry is working on a plan to bring to the market sweetener extracted from onion waste, two persons aware of the matter said. It will do this in partnership with a startup that won a government-run contest.

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2 mins  |
February 21, 2024
Svatantra to raise ₹2K cr pvt equity
Mint Mumbai

Svatantra to raise ₹2K cr pvt equity

As per data from Crisil, Svantantra reported a total income of ₹1,396 crore and profit after tax of ₹130 crore in FY23

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2 mins  |
February 21, 2024
Hindalco's US unit Novelis to go public
Mint Mumbai

Hindalco's US unit Novelis to go public

It is not clear what Hindalco plans to do with the IPO proceeds and if it will choose to give out some of it as dividends

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2 mins  |
February 21, 2024
Scrapping old vehicles could fetch extra sops
Mint Mumbai

Scrapping old vehicles could fetch extra sops

Sweetened scrapping policy may be rolled out after general election

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3 mins  |
February 21, 2024
Valuations Rise As Nifty Hits New High, But Earnings Higher Too
Mint Mumbai

Valuations Rise As Nifty Hits New High, But Earnings Higher Too

The stock market's engines may have more steam left despite Nifty's new peak fuelling valuation jitters, analysts said.

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2 mins  |
February 20, 2024
The Wait Lengthens For Ratan Tata's Authorized Biography
Mint Mumbai

The Wait Lengthens For Ratan Tata's Authorized Biography

The long wait for the biography of one of India's foremost businessmen and philanthropists has become longer. And more uncertain.

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2 mins  |
February 20, 2024
OpenAI Is Being Too Secretive About Its New Video Generator
Mint Mumbai

OpenAI Is Being Too Secretive About Its New Video Generator

It has disclosed too little about a tool that can play havoc with polls

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3 mins  |
February 20, 2024
Japan Moves To Let Investment Funds Hold Cryptocurrency
Mint Mumbai

Japan Moves To Let Investment Funds Hold Cryptocurrency

Japan inched closer to allowing venture capital firms and other investment funds to hold digital assets directly, after Prime Minister Fumio Kishida's administration agreed to submit a revised bill to implement the change.

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1 min  |
February 20, 2024
 America's Emulation Of Chinese Policy Can Reset Mutual Relations
Mint Mumbai

America's Emulation Of Chinese Policy Can Reset Mutual Relations

Cooperation may be easier if both countries realize their policies are neither too different nor necessarily harmful to each other

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4 mins  |
February 20, 2024