CATEGORIES

Disney, Reliance start antitrust diligence on mega media merger
Mint Mumbai

Disney, Reliance start antitrust diligence on mega media merger

Indian billionaire Mukesh Ambani's Reliance Industries and Walt Disney have appointed law firms and started antitrust due diligence of their planned Indian media and entertainment merger, four people familiar with the matter said.

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1 min  |
January 05, 2024
Aster DM looking for M&As in West, North India: CEO
Mint Mumbai

Aster DM looking for M&As in West, North India: CEO

The company will fund its inorganic growth drive through internal accruals

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3 mins  |
January 05, 2024
Bajaj Finance set for a sturdy quarter despite RBI restrictions
Mint Mumbai

Bajaj Finance set for a sturdy quarter despite RBI restrictions

Bajaj Finance Ltd is set for another sturdy quarter, as indicated by its business update for the three months ended December (Q3FY24).

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1 min  |
January 05, 2024
Gail's earnings outlook promising
Mint Mumbai

Gail's earnings outlook promising

Gail (India) Ltd's shares have rallied substantially over the past six months, gaining as much as 50%.

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2 mins  |
January 05, 2024
Govt launches tur dal purchase portal
Mint Mumbai

Govt launches tur dal purchase portal

Cooperation minister Amit Shah on Thursday launched a portal through which farmers can sell tur dal to government procurement agencies, saying the move will be expanded to help India end its import dependency on pulses within three years.

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2 mins  |
January 05, 2024
Govt may sell subsidized rice amid inflation worries
Mint Mumbai

Govt may sell subsidized rice amid inflation worries

Pre-poll initiative could see 500,000 tonnes of Bharat Chawal sold at a discounted ₹29 per kg

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2 mins  |
January 05, 2024
Interest-free loan proposed for cyclone-hit tobacco farmers in Andhra
Mint Mumbai

Interest-free loan proposed for cyclone-hit tobacco farmers in Andhra

The government is working on a proposal to give interest-free loans to tobacco growers in Andhra Pradesh, potentially benefiting 15,000 cyclone-hit farmers, with implications for global supplies.

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2 mins  |
January 05, 2024
Road to enter bankruptcy court is now 7,000 companies long
Mint Mumbai

Road to enter bankruptcy court is now 7,000 companies long

Creditors to about 7,000 companies are waiting for the National Company Law Tribunal (NCLT) to decide on whether to admit these companies for bankruptcy resolution, a person informed about the matter said.

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1 min  |
January 05, 2024
Tesla mulls small, fast EV batteries for India drive
Mint Mumbai

Tesla mulls small, fast EV batteries for India drive

Elon Musk-led Tesla is exploring fast-charging small batteries to cut the cost of its proposed most affordable car to help crack the price-sensitive Indian market, people aware of the matter said.

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2 mins  |
January 05, 2024
Religare director in Burmans' crosshairs
Mint Mumbai

Religare director in Burmans' crosshairs

The Burman family has asked the market regulator to bar Religare Enterprises Ltd independent director Hamid Ahmed from attending the company's board meetings related to its open offer unless he withdraws or justifies his recent comments on the matter.

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2 mins  |
January 05, 2024
ChrysCap, Kedaara set to roll out their biggest funds so far
Mint Mumbai

ChrysCap, Kedaara set to roll out their biggest funds so far

Homegrown private equity (PE) firms ChrysCapital and Kedaara Capital are raising billion-dollar-plus funds in 2024, as they look to cut bigger cheques and fend off competition from Asian and global rivals.

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3 mins  |
January 05, 2024
Shipping cover may get an India flavour
Mint Mumbai

Shipping cover may get an India flavour

P&I for local shipping first; coverage for global waters likely later

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2 mins  |
January 05, 2024
'Navya to prove herself as Escorts looks to future'
Mint Mumbai

'Navya to prove herself as Escorts looks to future'

At Escorts Kubota Ltd, the 80-year-old heavy A equipment maker, there's much emphasis on the next generation.

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2 mins  |
January 05, 2024
How Do I Invest In Mutual Funds, Diversify Investment Portfolio?
Mint Mumbai

How Do I Invest In Mutual Funds, Diversify Investment Portfolio?

I am 36 years old and work in the IT sector, as does my wife, aged 34. We have a two-year-old daughter.

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2 mins  |
January 04, 2024
SBI To Raise Up To $750 Mn In US Via Reg S Bonds
Mint Mumbai

SBI To Raise Up To $750 Mn In US Via Reg S Bonds

India's largest lender State Bank of India (SBI) is looking to tap the US bond markets to raise $500-750 million, said a person aware of the development.

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2 mins  |
January 04, 2024
The Adani Episode Gave Investors Lessons On Risk
Mint Mumbai

The Adani Episode Gave Investors Lessons On Risk

The Supreme Court's confidence in Sebi's probe of alleged violations by the Adani Group has been taken by investors as an early indicator of a let-off, but risk learnings must not get lost

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2 mins  |
January 04, 2024
SpaceX Launches First Cell Service Satellites
Mint Mumbai

SpaceX Launches First Cell Service Satellites

Elon Musk's SpaceX launched its first six satellites capable of offering mobile phone service as the company races to bring more connectivity to remote areas.

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1 min  |
January 04, 2024
Xi's Mixed Messages Leave Whiplashed Investors Wary Of China
Mint Mumbai

Xi's Mixed Messages Leave Whiplashed Investors Wary Of China

President Xi Jinping spent last year trying to woo foreign capital while continuing to reshape China's business environment to ensure his power can't be challenged at home or abroad. Those sometimes-conflicting goals have left investors confused and put bureaucrats on edge.

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3 mins  |
January 04, 2024
The wonderland of 19th century Bengali fantasy
Mint Mumbai

The wonderland of 19th century Bengali fantasy

Another book attempts to bring the 19th century writer Trailokyanath Mukhopadhyay's fabulist, magical realist brilliance into English

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4 mins  |
January 04, 2024
Exploring age-old restaurants on a tiffin trail in Tamil Nadu
Mint Mumbai

Exploring age-old restaurants on a tiffin trail in Tamil Nadu

Where to find crispy dosas, comforting poriyal and piping hot Filter coffee in Chennai, Madurai and Coimbatore

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3 mins  |
January 04, 2024
War outbreaks mustn't distract us from our collective priorities
Mint Mumbai

War outbreaks mustn't distract us from our collective priorities

The ongoing war in Ukraine and the fighting in Gaza following Hamas's 7 October terrorist attack must not distract the world from our collective priorities: reducing our carbon dioxide emissions, aiming for carbon neutrality by 2050, preserving biodiversity, and fighting poverty and inequality.

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4 mins  |
January 04, 2024
Why most retirees don't find refuge in reverse mortgage
Mint Mumbai

Why most retirees don't find refuge in reverse mortgage

It offers senior citizens a regular monthly income but scheme comes with several conditions

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5 mins  |
January 04, 2024
WHAT GABBY GINGRAS, THE GIRL WHO FEELS NO PAIN, MEANS FOR THE INDIAN INVESTOR
Mint Mumbai

WHAT GABBY GINGRAS, THE GIRL WHO FEELS NO PAIN, MEANS FOR THE INDIAN INVESTOR

All of us hate pain.

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2 mins  |
January 04, 2024
Over 100 killed in blasts near Iranian commander's grave
Mint Mumbai

Over 100 killed in blasts near Iranian commander's grave

Two explosions killed more than 100 people and wounded scores at a ceremony in Iran on Wednesday to commemorate top commander Qassem Soleimani who was killed by a US drone in 2020, Iranian officials said, blaming unspecified \"terrorists\".

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2 mins  |
January 04, 2024
Wider war feared on Hamas leader's killing
Mint Mumbai

Wider war feared on Hamas leader's killing

Israeli forces kept up their assault on the Gaza Strip on Wednesday and told civilians to leave a refugee camp in the north of the Palestinian enclave after the war reached into Lebanon with the killing in Beirut of the Hamas deputy leader.

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2 mins  |
January 04, 2024
Mixed bag for spirits this year?
Mint Mumbai

Mixed bag for spirits this year?

Smaller regional companies are poised to hog the limelight with faster growth than their larger counterparts

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2 mins  |
January 04, 2024
VW sees promise in an innovative EV battery technology
Mint Mumbai

VW sees promise in an innovative EV battery technology

Volkswagen AG said its battery startup has seen promising results with solid-state cells for electric vehicles, a win for the German carmaker as it pushes to make EVs more efficient and less expensive.

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1 min  |
January 04, 2024
Bajaj Auto shares hit a new record as co plans buyback
Mint Mumbai

Bajaj Auto shares hit a new record as co plans buyback

Board to discuss proposal on 8 Jan; buyback may be bigger than its previous one in July

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2 mins  |
January 04, 2024
Bengaluru court sends Dalal-Wipro case to arbitration
Mint Mumbai

Bengaluru court sends Dalal-Wipro case to arbitration

A Bengaluru city civil court on Wednesday asked Wipro Ltd and its former chief financial officer Jatin Dalal to resolve the issue of alleged violation of non-compete clause in the latter's employment contract before arbitration.

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1 min  |
January 04, 2024
PE firm InvAscent keen to list five portfolio companies
Mint Mumbai

PE firm InvAscent keen to list five portfolio companies

Private equity firm InvAscent is preparing to list five portfolio companies across health and pharmaceuticals segments over the next 24-36 months, as the firms achieve scale, chairman and managing director Hari Buggana said in an interview.

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2 mins  |
January 04, 2024