CATEGORIES

ICICI Venture hits final close of fifth PE fund at ₹3,000 cr

India Advantage Fund Series V capital raise includes green shoe option of ₹500 crore

'Need incentives for R&D on battery tech'

The report on battery manufacturing and its ecosystem, released by CII, suggested that incentives be given from a dedicated fund for the development of the battery technology ecosystem.

Govt to sell subsidized onions at ₹25 per kg

After lowering the price of tomatoes, the government will start selling onions at a subsidised rates in Delhi from Monday

After UN body, 3 nations ask India to resume rice exports

India has taken various measures, including export curbs, to control escalating food prices

Streaming smells blood in shark waters

Telugu OTT service Aha has floated Nenu Super Woman for female entrepreneurs, while Amazon Prime has launched a series called Mission Start Ab

IDBI divestment unlikely this fiscal

Government expects higher dividend from RBI and PSBs during FY2024 to offset revenue implications from divestment

Retail buyers dump LIC, Nykaa, others

Investors in Nykaa and state-run LIC have seen the worst losses, a Mint analysis showed.

Out-of-court deal ends Murugappa family feud

Priyanka Gawande

Go First lessor allowed to check engines

The National Company Law Appellate Tribunal (NCLAT) on Friday allowed Go First airline's engine lessor, Engine Lease Finance BV, to inspect its four engines in aircraft used by the grounded airline.

Namdhari's eyes up to $30 mn for expansion

Funds for expansion beyond South; co wants strategic or financial partner

'Uniform norms needed to value bankrupt cos' assets'

Uniform standards are needed to value assets of companies facing bankruptcy proceedings to ensure credibility and usefulness of the valuation reports given by professionals for debt resolution under the Insolvency and Bankruptcy Code (IBC), Insolvency and Bankruptcy Board of India (IBBI) chairperson Ravi Mital said in the bankruptcy regulator’s latest quarterly review.

Income levels rose at remarkable rate in 9 years: PM Modi

Prime Minister Narendra Modi on Friday said India is making significant strides towards achieving equitable and collective prosperity, as evidenced by a broader tax base and a rise in the average income of people filing tax returns.

Centre sets the ball rolling for offshore wind projects

Government plans to bid out projects of 4GW capacity on 1 December, 3GW more in FY25

The tale of a Tamil Goodfellow in Virginia

This vivid historical novel coasts along on the effervescence of its protagonist, the first Indian immigrant in America

Rediscovering the Himalayan homes that resist quakes

Architects and researchers are trying to revive local quake-resistant architectural styles such as 'kath khuni' with contemporary interventions

An indie mixtape

The post-pandemic indie music scene is buzzing. As a supportive ecosystem begins to take shape, Lounge profiles eight musical acts that have emerged in recent years

Ritu Kumar: the doyenne of Indian fashion

Designer Ritu Kumar talks about her constant fascination with textiles, the changing customer, and her new book

Making 'chaats' & tarts with 'ghewar'

As chutneys replace 'rabdi' and pistachio, the honeycombed sweet gets a makeover

THE SCENT OF A COCKTAIL

Indian bars have entered a fragrant new era of cocktails that borrow inspiration from the world of perfumes

Children need therapy too

Children have to learn how to soothe themselves and know it's okay to feel emotions

The sea holds all kinds of stories

Something is up under water. In the ocean, to be specific. You must inc ships. They have been attacking and even sinking ships, especially off the coasts of Portugal and Spain. Most recently, they attacked two boats competing in a big yacht race. They have sunk three ships in 2023 alone.

Our heroines deserve better

Is there anything Alia Bhatt cannot do? Exactly one year ago, I had written a cover story for this newspaper headlined ‘Last actor standing,’ where I celebrated Bhatt as the sole headliner propping up a wounded industry.

Don't lose sight of the natural miracles

It started with a knocking sound in my chimney.

NEW ON SCREENS

Raj & DK return with a gangland show, 'Billions' looks to end on a high, and other titles you can watch this weekend

The ghost fleet helping Russia evade curbs, pursue Ukraine war

In a gray four-story office building above a nightclub with a black door here, a company founded by a Turkish sock and underwear magnate has transformed into one of the world’s largest shipowners transporting Russian oil.

RBI calls for transparency in EMI reset, penal levies

Borrowers will soon get to choose whether to pay higher equated monthly instalments (EMIs) or repay their loan over a longer period when banks raise interest rates. They can also expect greater transparency from lenders on penalties if they miss out on repayments.

Railways eyes ₹7,500 crore from leasing land for commercial use

Indian Railways plans to invite bids from private companies to lease out 84 surplus plots worth over ₹7,500 crore in the next 18 months, two people aware of the matter said.

Crypto calm ends as fears of higher rates spark sell-off

A period of unusual calm in crypto markets ended abruptly this week as the notion of higher-for-longer interest rates sparked a sell-off in risk assets like Bitcoin, leading to mass liquidations of bullish bets.

Moody's keeps India's ratings but flags debt, political risks

Moody’s Investors Service on Friday affirmed India’s long-term local and foreign-currency issuer ratings at Baa3 and retained the stable outlook while flagging risks from the country’s “high debt burden\" and curbs on political dissent.

Top US firms from Apple to Intel decry PC import curbs

A broad coalition of America's largest businesses from Apple Inc. to Intel Corp. protested the abrupt way in which India introduced tech import restrictions this month, saying the surprise move will damage New Delhi's ambitions to become a global manufacturing hub and harm consumers.