CATEGORIES

Race begins for sat broadband
Mint Mumbai

Race begins for sat broadband

Bharti Group-backed One Web, Jio Satellite Comms, and Elon Musk's Starlink preparing for commercial launch

time-read
2 mins  |
December 20, 2023
Dec air passenger demand strongest since pandemic
Mint Mumbai

Dec air passenger demand strongest since pandemic

Rising airfares, driven by costly jet fuel and aircraft shortage may dampen future demand

time-read
2 mins  |
December 20, 2023
Domino's gets brand refresh in India
Mint Mumbai

Domino's gets brand refresh in India

Jubilant Food Works Ltd, which operates master franchise rights from Domino's Pizza in India, has announced a brand refresh for its flagship pizza brand that involves upgrading hundreds of pizza stores, apart from new packaging and a marketing campaign as the company hopes to get more consumers to choose pizza over local food.

time-read
2 mins  |
December 20, 2023
CAN SEKAR KATHIRESAN KILL HEART ATTACKS?
Mint Mumbai

CAN SEKAR KATHIRESAN KILL HEART ATTACKS?

Early results of the researcher's path-breaking gene editing treatment to permanently reduce cholesterol and prevent heart attacks have been mixed

time-read
9 mins  |
December 20, 2023
Mint Mumbai

Retail investors in top gear at IPOs, drive oversubscriptions

Companies listing their shares on the stock markets are basking in the frenzied attention of individual investors, a trend expected to continue into next year and make up for the tepid enthusiasm of institutional investors.

time-read
1 min  |
December 20, 2023
Accenture expects lower revenue and cautious IT spending in Q2
Mint Mumbai

Accenture expects lower revenue and cautious IT spending in Q2

IT services provider Accenture forecast second-quarter revenue below Wall Street targets on Tuesday, anticipating cautious spending by clients as macroeconomic uncertainty remains an overhang.

time-read
1 min  |
December 20, 2023
Share-sale frenzy to continue in 2024
Mint Mumbai

Share-sale frenzy to continue in 2024

India's booming market for equity sales is expected to remain buoyant into the new year as high valuations attract companies and shareholders seeking funds while stock-price gains entice investors avoiding China.

time-read
1 min  |
December 20, 2023
Mint Mumbai

Why Devyani International's Thailand foray looks appetizing

Quick-service restaurant operator Devyani International Ltd's foray into Thailand has delighted investors, resulting in a 5% surge in share prices on Tuesday.

time-read
1 min  |
December 20, 2023
Cost tailwinds lift cement sector
Mint Mumbai

Cost tailwinds lift cement sector

Cement prices continued to fall due to partial rollbacks across regional markets in the country.

time-read
2 mins  |
December 20, 2023
UGRO raises 250 cr debt from Holland's FMO
Mint Mumbai

UGRO raises 250 cr debt from Holland's FMO

Non-bank lender UGRO Capital, which counts private equity firms N ADV Partners and TPG NewQuest among its investors, has raised a fresh debt capital from a European development finance institution (DFI).

time-read
1 min  |
December 20, 2023
'Main focus is on sustainability'
Mint Mumbai

'Main focus is on sustainability'

Ventur East, one of the oldest venture capital firms in India, is nearing the full deployment of its sixth fund, which had a corpus of nearly $100 million.

time-read
3 mins  |
December 20, 2023
Vijaya Diagnostic to acquire Pune's PH for ₹135 crore
Mint Mumbai

Vijaya Diagnostic to acquire Pune's PH for ₹135 crore

Vijaya Diagnostic Centre Ltd will acquire PH Diagnostic Centre Pvt Ltd for 134.65 crore in an all-cash deal, and will inject an additional 12.85 via equity or debt to help the company repay its existing loans.

time-read
1 min  |
December 20, 2023
IMF reclassifies India's forex regime as 'stabilized arrangement'
Mint Mumbai

IMF reclassifies India's forex regime as 'stabilized arrangement'

The International Monetary Fund has reclassified India's \"de facto\" exchange rate regime to a \"stabilized arrangement\" from \"floating\" for the December 2022 to October 2023 period, the first instance of such reclassification, following an article IV review of the country's policies.

time-read
2 mins  |
December 20, 2023
Exporters face rising costs as ships avoid Suez Canal
Mint Mumbai

Exporters face rising costs as ships avoid Suez Canal

Indian exporters are staring at a rise in shipping costs as freight lines are forced to avoid the Suez Canal and take a longer route around Africa to reach the West following tensions in the Red Sea.

time-read
1 min  |
December 20, 2023
Another 49 Opposition MPs suspended from Lok Sabha
Mint Mumbai

Another 49 Opposition MPs suspended from Lok Sabha

Total 141 Opposition members suspended from Parliament—95 from LS and 46 from RS

time-read
2 mins  |
December 20, 2023
Government to start crediting PLI sops for auto cos in FY25
Mint Mumbai

Government to start crediting PLI sops for auto cos in FY25

The government will start crediting incentives under the ₹26,000 crore production-linked incentive scheme for automobiles and auto components from the next fiscal year, Union Minister for Heavy Industries Mahendra Nath Pandey said in a written reply to Parliament on Tuesday.

time-read
1 min  |
December 20, 2023
Google to pay $700 million in Play app store case settlement
Mint Mumbai

Google to pay $700 million in Play app store case settlement

Alphabet's Google has agreed to pay $700 A million and to allow for greater competition in its Play app store, according to the terms of an antitrust settlement with US states and consumers disclosed on Monday in a San Francisco federal court.

time-read
2 mins  |
December 20, 2023
Mint Mumbai

Aussies sparkle with mega deals at IPL auction

Cricket world champs Australia had much to crow about on Tuesday, as their star fast bowlers Mitchell Starc and Pat Cummins racked up record bids to enter new franchises at the 17th auction of the Indian Premier League (IPL) being held in Dubai's Coca-Cola Arena.

time-read
2 mins  |
December 20, 2023
RBI cuts off lenders from loan evergreening via AIFs
Mint Mumbai

RBI cuts off lenders from loan evergreening via AIFs

The Reserve Bank of India (RBI) has clamped down on lenders ever greening loans through the use of alternative investment funds (AIFS), a practice previously red-flagged by the stock market regulator.

time-read
2 mins  |
December 20, 2023
Mint Mumbai

Softer global oil price cuts windfall tax collections

India's windfall tax mop-up from crude oil and auto fuels has slipped due to a combination of lower energy prices and falling domestic production, official data showed.

time-read
2 mins  |
December 20, 2023
Tatas may control Jamshedpur admin as state gives nod
Mint Mumbai

Tatas may control Jamshedpur admin as state gives nod

Jamshedpur, India's first planned city built by Tata group founder Jamshedji Tata, may finally come under administrative control of the Tatas, clearing a decades-old legal cloud over the place where India's first steel mill stands.

time-read
3 mins  |
December 20, 2023
Wilful default may be stopped earlier
Mint Mumbai

Wilful default may be stopped earlier

New RBI rules to let banks give early hearings to borrowers

time-read
3 mins  |
December 20, 2023
'AI Can Create More Jobs Than It Likely Eliminates'
Mint Mumbai

'AI Can Create More Jobs Than It Likely Eliminates'

Outgoing Tech Mahindra CEO insists skilled people will not be replaced

time-read
2 mins  |
December 19, 2023
Why Diversification Is Still The Best Game For India's Retail Investors
Mint Mumbai

Why Diversification Is Still The Best Game For India's Retail Investors

It ensures that retail investors will be in a position to benefit from any asset class doing well or limit any losses

time-read
5 mins  |
December 19, 2023
X Becomes 1st Target Of EU's Digital Services Act
Mint Mumbai

X Becomes 1st Target Of EU's Digital Services Act

The probe follows EU's warning to X over its handling of harmful content

time-read
3 mins  |
December 19, 2023
Jobs Play A Significant Role In Our Paths Of Economic Development
Mint Mumbai

Jobs Play A Significant Role In Our Paths Of Economic Development

Aims of output growth and equity both require a jobs-centred approach and services hold potential for gains on this score

time-read
4 mins  |
December 19, 2023
AI Powerful Tool For Hackers: Hidary
Mint Mumbai

AI Powerful Tool For Hackers: Hidary

Speaking at the Mint AI Summit, Jack Hidary, CEO of Palo Alto-headquartered practical AI and quantum tech developer Sandbox AQ, said AI was a powerful tool in the hands of hackers, as they could use it to breach firewalls.

time-read
1 min  |
December 19, 2023
Beat the holiday blues with little acts of kindness
Mint Mumbai

Beat the holiday blues with little acts of kindness

Be your own cheerleader. Take the time to celebrate festivals for yourself even if you are far from family

time-read
3 mins  |
December 19, 2023
Can 3D food printing help improve our diet?
Mint Mumbai

Can 3D food printing help improve our diet?

In the next few years, 3D food printing could be used to design customised meals based on specialized dietary requirements

time-read
4 mins  |
December 19, 2023
Avoid sending out mixed signals on farm reforms
Mint Mumbai

Avoid sending out mixed signals on farm reforms

Recent interventions by the government distort agricultural markets that are in need of a renewed push for reforms. Consult farmers and go for greater market orientation, not less

time-read
2 mins  |
December 19, 2023