CATEGORIES

Mint Kolkata

Adani to buy Air Works for ₹400 cr

Adani Group on Monday said it will acquire aviation maintenance, repair and overhaul (MRO) services firm Air Works for an enterprise value of ₹400 crore.

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1 min  |
December 24, 2024
Mint Kolkata

Mahindra arm narrows focus to 3 cities

Mahindra Lifespace Developers Ltd, the realty arm of the Mahindra Group, will pause fresh investments in the Delhi National Capital Region (NCR) region, and narrow operations to markets where it can create a niche as a 'net zero' developer.

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2 mins  |
December 24, 2024
Mint Kolkata

Polycab India is wired for growth and the stock reflects it

For Polycab India Ltd, FY25 is shaping up to be an eventful year. Consolidated revenue for the half year ended September (H1 FY25) surged nearly 26% year-on-year to about ₹10,200 crore.

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1 min  |
December 24, 2024
Mint Kolkata

Banks push for new rate benchmark

A group of Indian lenders has asked the central bank to approve a new benchmark for overnight indexed swaps, according to people familiar with the matter.

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1 min  |
December 24, 2024
Mint Kolkata

In emerging markets, 'better luck next year' is a hard sell

Emerging markets-focused investors have had little to celebrate over the past year.

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2 mins  |
December 24, 2024
Mint Kolkata

Siemens stares at bumpy FY25

Siemens Ltd's shares have plummeted about 12% in the past two trading sessions.

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2 mins  |
December 24, 2024
Mint Kolkata

Sebi halts trading in Bharat Global in rare such action

BGDL's share price surged 105x over the past year, rising from ₹16.14 in Nov 2023 to ₹1,702.95 in Nov 2024

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1 min  |
December 24, 2024
Mint Kolkata

Rupee slips to all-time low pressured by weak yuan

The Indian rupee weakened to its lifetime low on Monday, pressured by weakness in the offshore Chinese yuan and strong dollar bids from importers, likely related to month-end payments, while state-run banks' dollar sales capped the decline.

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1 min  |
December 24, 2024
Mint Kolkata

Sensex, Nifty up after 5-day loss

The Nifty and Sensex dropped about 5% last week, the worst since June 2022

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1 min  |
December 24, 2024
Mint Kolkata

Aakash's ex-CEO launches new edtech startup

Sparkl is an AI-powered online one-on-one tutoring platform focusing on 6-12 grades for IGCSE and IB curricula

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1 min  |
December 24, 2024
Mint Kolkata

Used car platforms set for bumpy ride ahead

GST hike on small cars to hurt margins; buyers, too, may have to pay more

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2 mins  |
December 24, 2024
Mint Kolkata

India plans to import 20 more cheetahs, 2 elephants

India is in discussions with Kenya, Botswana and Tanzania to import 20 more cheetahs and two female elephants by March, two government officials said.

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1 min  |
December 24, 2024
Mint Kolkata

GST on corporate sponsorships eased

Shifting the onus of remitting tax on sponsorship deals from the donor is set to enable the donor to lower its overall tax liability

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2 mins  |
December 24, 2024
Mint Kolkata

Sales ratio shows growing e-mobility ecosystem in '24

Govt's electric mobility push fuels EV sale compared to falling sales of fossil fuel vehicles

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2 mins  |
December 24, 2024
Mint Kolkata

Weather woes could crush sugar production hopes

Sugarcane yields in India are declining due to last year's drought and this year's excessive rains, which could reduce the country's sugar production below consumption levels for the first time in eight years, farmers and industry officials said on Monday.

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1 min  |
December 24, 2024
Mint Kolkata

PNGRB to expand LPG pipeline for safer transport, cost cutting

The Petroleum and Natural Gas Regulatory Board (PNGRB) is planning to expand India's pipeline network for safer and eco-friendly transportation of liquified petroleum gas (LPG), said Anil Kumar Jain, the chairperson of PNGRB.

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1 min  |
December 24, 2024
Mint Kolkata

Internal candidates land top Wipro jobs

Veterans at Wipro Ltd are steadily rising to the top in Srinivas Pallia's eight months in the corner office, at a time when India's fourth largest technology services firm is working to recover from a full-year revenue decline.

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1 min  |
December 24, 2024
Mint Kolkata

Fuel efficiency norms could accelerate clean mobility

Tighter carbon emission standards should push automakers to sell greener vehicles overall

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3 mins  |
December 23, 2024
Mint Kolkata

At long last, the UK is shooting for the moon on clean energy

An ambitious plan revives hope but it will be a race against time

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3 mins  |
December 23, 2024
Mint Kolkata

Rupee's managed float: Should RBI shift gear?

To Mint Street's credit, India resolved a macro trilemma in its own special way. Recalibrate it for a more market-priced rupee if the expected trade gains outweigh price-stability risks

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2 mins  |
December 23, 2024
Mint Kolkata

Escaping India within India is an exorbitant exercise

The wealthy in Gurgaon pay mind-boggling prices to keep real India out of their lives. But it doesn't happen

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4 mins  |
December 23, 2024
Mint Kolkata

Can we use today's geopolitical chaos to uplift India's economy?

Successful economies have geopolitics to thank but India may be letting its opportunity slip away

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3 mins  |
December 23, 2024
Mint Kolkata

Freelancers Can Avoid Hidden Fees, Maximize Earning

Being aware of payout options and financial solutions helps freelancers with smarter choices

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2 mins  |
December 23, 2024
Mint Kolkata

What you must know about rental agreements, registration process

According to the Registration Act, 1908, a rental agreement for less than 12 months need not be registered

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4 mins  |
December 23, 2024
Mint Kolkata

China says US is 'playing with fire' after latest aid for Taiwan

The Chinese government protested on Sunday the latest American announcements of military sales and assistance to Taiwan, warning the United States that it is \"playing with fire\".

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1 min  |
December 23, 2024
Mint Kolkata

ISRO to study crop growth in space

Demonstration of seed germination in outer space, a robotic arm to catch a tethered debris there, and testing of green propulsion systems are some of the experiments planned on the POEM-4—the fourth stage of Indian Space Research Organisation's (ISRO) PSLV rocket that remains in orbit after launching a satellite.

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1 min  |
December 23, 2024
Mint Kolkata

IOC probes bribery allegation of US cos

State-owned Indian Oil Corporation (IOC) has begun a probe into allegations of a US speciality chemicals firm bribing its officials 15 years ago to obtain contracts to supply catalysts, according to a company's regulatory filing.

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1 min  |
December 23, 2024
Mint Kolkata

FPIs turn net sellers amid rising dollar

After two weeks of buying, foreign portfolio investors (FPIs) turned net sellers in Indian equities last week, with a net withdrawal of ₹976 crore amid a strengthening US dollar and steady rise in US 10-year bond yields, impacting investor sentiment.

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1 min  |
December 23, 2024
Mint Kolkata

India, Sweden to work on green tech

India and Sweden can deepen their collaboration in innovation and green technology with a focus on addressing global climate challenges through sustainable industrial practices and renewable energy solutions, Swedish officials said.

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1 min  |
December 23, 2024
Mint Kolkata

Front-running case: Sebi bans 9 entities

The front-running by these entities continued for more than three years.

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1 min  |
December 23, 2024