CATEGORIES

Pentagon plans vast Al fleet to counter China

Defense department is seeking to deploy air-, landand sea-based autonomous systems

Film studios seek to unlock value of old titles on YouTube

In the ever-evolving world of film distribution, studios are adopting innovative strategies to maximize their reach and revenue.

Consumer firms spot early signs of bright festive sales

Onam and Rakshabandhan showed rise in demand for apparel and consumer electronics

Valuation norms for foreign investors likely in a fortnight

The valuation methods will aim to ensure worth of unlisted companies is accurately assessed

Ind-Swift to sell API business to Synthimed for ₹1,650 crore

New owners to invest and expand capacity; Ind-Swift may use capital to restructure debt

Ace Aviation asks NCLAT to hear appeal on Jet plane case in 2 wks

Malta-based Ace Aviation, a potential buyer of grounded Jet Airways aircraft, has requested the National Company Law Appellate Tribunal (NCLAT) to hear its appeal against an order by the Mumbai bench of the insolvency tribunal in two weeks.

Oil nears $90 for the first time in 2023

Oil prices hit a 10-month high of nearly $90 per barrel as Saudi Arabia and Russia extended their voluntary production and export cuts until the end of the year.

Temasek leads $140 mn funding in Ola Electric

The e-scooter company, gearing up for its IPO, was valued at $5.4-5.5 bn

India seeks more gas amid emergency measures to end blackouts

India is seeking additional volumes of natural gas and has asked utilities to expedite completion of power plant maintenance, as part of emergency steps to stop electricity outages, according to a government note.

Mandatory storage for RE projects likely

The Centre looks likely to mandate renewable energy projects with more than 5 megawatt (MW) capacity to install energy storage systems (ESS).

Looming polls, rocky market may dampen strategic sales

Until Sep, government could sell only 3% in Coal India and 5.36% in Rail Vikas Nigam Ltd

G20 summit to develop roadmap for crypto rules

The G20 Leaders’ Summit in New Delhi later this week will discuss the building blocks for cryptocurrency regulations, while a paper authored by the Financial Stability Board (FSB) and the International Monetary Fund (IMF) will offer nations a road map for regulating crypto assets, a person with direct knowledge of the matter said.

'Makes sense to list in a market where people know you'

Fintech company Razorpay is seriously considering going public in India and is evaluating ways to do it, says Harshil Mathur, the co-founder and chief executive of the Wilmington- and Bengaluru-based unicorn that counts Tiger Global Management Llc, Peak XV Partners (formerly Sequoia Capital India & SEA) and GIC Pvt. Ltd, among others, as its investors.

Grid-scale batteries get a ₹3,760 cr VGF

Scheme to run till FY31, attract investments of about ₹9,500 cr

India To Bharat? Dinner Invite Sparks Name Change Rumour

President’s G20 invite cites her as President of Bharat instead of President of India

Our Economic Recovery From The Pandemic Has Been Fairly Steady

The Indian economy has got off to a good start in the current financial year, expanding at 7.8% in the three months that ended in June. This was broadly in line with most forecasts by private sector economists.

Rupee Slips To Nearly 2-Week Low Driven By Dollar Outflows

The Indian rupee closed weaker on Tuesday as the local unit slipped to the 83 level for the first time in nearly two weeks due to broad weakness in Asian currencies and likely dollar outflows.

Asian Games: Will India showcase Esports prowess?

As India gets ready for the first ever Esports at the Asian Games, Mint charts the rise of the game in the country

RBI's e-rupee could use UPI for areformist leap

While UPI is in the spotlight for good reason, its link-up with India's CBDC is more exciting for what it may soon come to enable in terms of a banking sector rehaul aimed at efficiency

Event management cos, hotels tap temp stafffor G20 events

Hospitality chains as well as event management firms preparing for the G20 events in Delhi have hired temporary workers to address their staffing shortages for the next few days.

Jawan set to bridge North-South divide with pan-India release

Jawan is reaching the theatres only this Thursday, but the Shah Rukh Khan starrer is likely to achieve something that only Southern cinema spectacles have managed so far: Securing a blockbuster opening outside their home regions.

E-fashion set for explosive growth

Digital-first fashion and lifestyle brands are set to grow into a $10 billion industry by FY28, up from the current $2.4 billion, driven by Gen-Z and millennial shoppers rising preference for mid-market online brands , according to a joint report by Bain & Co. and TMRW, a house of brands by the Aditya Birla Group.

India in talks with countries in LatAm, Africa for UPI, RuPay

India is in talks with several South American and African nations for introducing Unified Payment Interface (UPI) and RuPay cards, in its efforts to establish the payment platforms internationally, a senior government official said.

After T+1, Sebi eyes share settlements within just an hour

The Securities and Exchange Board of India (Sebi) is working on accelerating the settlement of shares to one hour from the existing (T+1) settlement window, chairperson Madhabi Puri Buch said on Tuesday.

India navigating a complex G20 maze on road to summit

Summit to focus on G20 expansion, debt relief, reforming multilateral development banks

Vehicle registrations up nearly 9% in Aug

New Delhi: Registrations of automobiles grew 8.6% from a year ago to nearly 1.819 million units in August, data released by the apex automotive dealers’ body, Federation of Automobile Dealers’ Associations (FADA), showed.

After chasing volumes, cement cos hike prices

Higher prices are key to profitability as input prices remain volatile

India offers to manage DPI repository

India has volunteered to man and manage the global repository of all digital public infrastructure (DPI) through an open-source platform, minister of state for electronics and IT Rajeev Chandrasekhar said, adding that there was interest from multilateral institutions, government and non-government organizations to finance the expansion and adoption of DPIs.

Swiss expertise to help make hill highways strong, durable

MoRTH has sought Swiss firms’ advice to design mechanisms to prevent extensive damage

Hero invests ₹550 crore in EV maker Ather’s new round

Domestic auto major Hero MotoCorp Ltd, the country's largest two-wheeler (2W) company, has doubled down on its investment in electric two-wheeler maker Ather Energy.