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Mint Mumbai

Litmus test for Asian Paints nears

Asian Paints Ltd investors are in a sombre mood.

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2 mins  |
January 19, 2024
South's problem of plenty hurts growth outlook for cement
Mint Mumbai

South's problem of plenty hurts growth outlook for cement

Ccement prices in south India are under pressure. In recent months, prices in the south have fallen faster than the all-India average.

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1 min  |
January 19, 2024
Cashfree targeting return to profitability by Q1FY25: CEO
Mint Mumbai

Cashfree targeting return to profitability by Q1FY25: CEO

The firm has introduced over 10 products across payouts, verification & connected banking

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3 mins  |
January 19, 2024
Newgen Software on an upward growth trajectory!
Mint Mumbai

Newgen Software on an upward growth trajectory!

Newgen Software Technologies, an India-born global IT product company, has solidified its position as a world leader since its inception in 1992.

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1 min  |
January 19, 2024
India hardens stance at WTO over public stocks of grains
Mint Mumbai

India hardens stance at WTO over public stocks of grains

Won't negotiate on any farm issue until WTO finds permanent solution to subsidies problem

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2 mins  |
January 19, 2024
Big sops unlikely for farmers in budget
Mint Mumbai

Big sops unlikely for farmers in budget

In the interim budget presented in February 2019, ahead of the last general elections, the Centre announced the flagship PM-Kisan scheme which promised a direct cash transfer of 16,000 every year for every farm household.

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2 mins  |
January 19, 2024
Japan to help India cut power sector emissions, build infra
Mint Mumbai

Japan to help India cut power sector emissions, build infra

Japan International Cooperation Agency (JICA), the country's development aid agency, is working with India on a roadmap to reduce carbon emissions in the power sector, Saito Mitsunori, the chief representative of the agency's India Office said.

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1 min  |
January 19, 2024
Cabinet clears 3 SFC posts, 2 coal power projects
Mint Mumbai

Cabinet clears 3 SFC posts, 2 coal power projects

The Union cabinet on Thursday greenlit equity investments by two Coal India subsidiaries for new thermal power plants, and approved three senior posts in the Sixteenth Finance Commission (SFC), which is being set up.

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1 min  |
January 19, 2024
Railways on track for a better show
Mint Mumbai

Railways on track for a better show

Higher revenues and bigger handouts are expected to help Indian Railways fare better in the year ahead, two people aware of the matter said.

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3 mins  |
January 19, 2024
Digital fair play bill likely after elections
Mint Mumbai

Digital fair play bill likely after elections

Digital economy giants such as Amazon, Google and Facebook may have to contend with a new Indian law to check anticompetitive practices.

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2 mins  |
January 19, 2024
AI researchers fear undetectable fakes
Mint Mumbai

AI researchers fear undetectable fakes

Rishi Sunak is Britain's prime minister.

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4 mins  |
January 19, 2024
Mint Mumbai

Design Cafe on sale, may merge with larger peer

Unable to scale up and with existing investors unwilling to pump more funds, WestBridge Capital-backed interior solutions provider DesignCafe has been put on the block.

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2 mins  |
January 19, 2024
I-Sec shareholders cry foul, delisting plan sparks storm
Mint Mumbai

I-Sec shareholders cry foul, delisting plan sparks storm

Discontent about the proposed delisting of ICICI Securities Ltd spilled over at the company's post-earnings meet on Tuesday, as analysts and shareholders challenged its rationale and questioned the swap ratio.

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3 mins  |
January 19, 2024
Mint Mumbai

FPIS' bear flip could maul markets more

Volatility likely to stay as FPIs seen increasing short positions

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2 mins  |
January 19, 2024
Pay ₹150 cr or face consequences, SC tells Jet winner JKC
Mint Mumbai

Pay ₹150 cr or face consequences, SC tells Jet winner JKC

The tortured rescue of bankrupt Jet Airways took a crucial turn on Thursday, with the Supreme Court asking winning bidder Jalan Kalrock Consortium (JKC) to pay ₹150 crore by 31 January, or face \"serious consequences\".

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1 min  |
January 19, 2024
Chinese Lab Mapped Corona Two Weeks Before Beijing Told The World
Mint Mumbai

Chinese Lab Mapped Corona Two Weeks Before Beijing Told The World

The sequence that Ren provided in Dec 2019 was never published and was deleted on 16 Jan 2020

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3 mins  |
January 18, 2024
Budget May Cite Vision 2047 To Seek Long-Term Allocations
Mint Mumbai

Budget May Cite Vision 2047 To Seek Long-Term Allocations

The upcoming Union budget may integrate the government’s Vision 2047 plan with allocations, departing from tradition to lay out longer term economic plans, two people aware of the matter told Mint.

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2 mins  |
January 18, 2024
FMCG Cos Stock Up On Supplies In Ayodhya
Mint Mumbai

FMCG Cos Stock Up On Supplies In Ayodhya

Firms ramp up marketing campaigns, get ready with new products

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2 mins  |
January 18, 2024
How Esse Cigarettes Are Smoking Rivals
Mint Mumbai

How Esse Cigarettes Are Smoking Rivals

Smuggled cigarettes made by South Korea's KT&G account for a significant share of the Indian market

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8 mins  |
January 18, 2024
Iran Strikes Militants In Pakistan As Regional Tensions Escalate
Mint Mumbai

Iran Strikes Militants In Pakistan As Regional Tensions Escalate

Iran conducted a missile strike on a militant group in Pakistan, sparking a diplomatic crisis between the neighbouring countries at a time of rising regional tensions.

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1 min  |
January 18, 2024
Our Employment Misconceptions Data Generates And Also Puzzles
Mint Mumbai

Our Employment Misconceptions Data Generates And Also Puzzles

The narrative of jobs dwindling isn't supported by data although findings like rising female work participation need study

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3 mins  |
January 18, 2024
Anoushka Shankar on finding a simpler sound
Mint Mumbai

Anoushka Shankar on finding a simpler sound

Sitar virtuoso Anoushka Shankar speaks to Mint about her recent work before touring this week, including a set at Lollapalooza in Mumbai

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4 mins  |
January 18, 2024
Davos is a talk show: It's voluble but not weighty
Mint Mumbai

Davos is a talk show: It's voluble but not weighty

The World Economic Forum's annual gathering has been losing both weight and appeal in a sharply divided world. Today, its lofty aims represent the triumph of hope over experience

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2 mins  |
January 18, 2024
'India has robust financials, is on every investor's radar'
Mint Mumbai

'India has robust financials, is on every investor's radar'

India, being the largest country with a steadily growing per capita income, is on every investor’s radar. The country is a compelling destination for investment, says Kenneth Andrade, founder of Old Bridge Capital.

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4 mins  |
January 18, 2024
Mint Mumbai

Drug regulator gives approval for FDCs licenced before 1988

Govt banned 344 combinations on 10 March '16, citing public interest and human risk

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1 min  |
January 18, 2024
China posts 5.2% GDP growth amid slowdown concerns
Mint Mumbai

China posts 5.2% GDP growth amid slowdown concerns

China's gross domestic product (GDP) grew by 5.2% last year, higher than the government's target of 5% amid mounting market concerns, waning investor confidence and a protracted property market slump in the world's second-largest economy, according to official data released on Wednesday.

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1 min  |
January 18, 2024
Red Sea crisis: Biz heads fear lasting bottlenecks
Mint Mumbai

Red Sea crisis: Biz heads fear lasting bottlenecks

Attacks by the Houthi militia on ships since Nov have slowed trade between Asia and Europe

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3 mins  |
January 18, 2024
Jet rescue plan unworkable, say lenders
Mint Mumbai

Jet rescue plan unworkable, say lenders

The Jalan-Kalrock Consortium (JKC) has not met various pre-conditions to take over Jet Airways, lenders to the bankrupt airline said, adding its rescue plan is unworkable and liable to be set aside.

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2 mins  |
January 18, 2024
Foxconn, HCL in semiconductor duet
Mint Mumbai

Foxconn, HCL in semiconductor duet

Taiwan’s Foxconn Technology Group and India’s HCL Group will form a joint venture (JV) to set up a semiconductor outsourced assembly and testing (OSAT) unit, where Foxconn will hold 40% equity with an investment of $37.2 million, the companies individually confirmed on Wednesday.

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1 min  |
January 18, 2024
Foreign funds fret over tax residency dispute
Mint Mumbai

Foreign funds fret over tax residency dispute

Apex court judgement in Blackstone case likely to set a precedent

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2 mins  |
January 18, 2024