CATEGORIES

IN PSU BANKS, A RISE OF HASHTAG ACTIVISM
Mint Mumbai

IN PSU BANKS, A RISE OF HASHTAG ACTIVISM

Frustrated with the older trade unions, some bankers have started amassing support on social media

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8 mins  |
February 22, 2024
An executive bought a rival's stock. Insider trading, says SEC
Mint Mumbai

An executive bought a rival's stock. Insider trading, says SEC

Defense lawyers say the case is the first to involve \"shadow insider trading\"

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4 mins  |
February 22, 2024
RBI bolsters fintech scrutiny with more inspections
Mint Mumbai

RBI bolsters fintech scrutiny with more inspections

The RBI's moves come as financial regulators in other markets, including China, crack down on rule violations

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2 mins  |
February 22, 2024
Indian advertisers to adopt new consumer classification system
Mint Mumbai

Indian advertisers to adopt new consumer classification system

The Market Research Society of India (MRSI) has announced the T implementation of its latest socio-economic classification (SEC) system. Called ISEC, the new system is in line with the changing contours of the Indian household, which is more educated and has greater female participation in the workforce, the MRSI said on Wednesday.

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1 min  |
February 22, 2024
Rentomojo secures ₹210 crore funding led by Edelweiss
Mint Mumbai

Rentomojo secures ₹210 crore funding led by Edelweiss

The latest round of funding will help the company strengthen its balance sheet and expand its business

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1 min  |
February 22, 2024
Amazon is joining the Dow Jones Industrial Average
Mint Mumbai

Amazon is joining the Dow Jones Industrial Average

Amazon.com is officially joining the blue chips. The online retail powerhouse will be included in the venerable Dow Jones Industrial Average at the start of trading Monday, replacing Walgreens Boots Alliance.

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2 mins  |
February 22, 2024
Mint Mumbai

Two-wheeler cos go on a joy ride

The automobile industry played a pivotal role in boosting overall corporate earnings growth during the December quarter (Q3FY24), with most automakers experiencing a year-on-year increase in sales volumes last quarter, positively impacting their revenue performance.

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2 mins  |
February 22, 2024
RIL-backed AI service in Mar
Mint Mumbai

RIL-backed AI service in Mar

The model will work in 11 local languages in four fields: healthcare, governance, financial services and education

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2 mins  |
February 22, 2024
UiPath's Dines eyes next leap in AI: Human-like reasoning
Mint Mumbai

UiPath's Dines eyes next leap in AI: Human-like reasoning

Generative artificial intelligence (GenAI) models can increase business productivity manifold, but the world will need a bigger breakthrough for these models to develop human-like reasoning capability, UiPath co-founder Daniel Dines, who stepped down as co-chief executive to take over as chief innovation officer (CIO) of the enterprise automation software company, said in an interview on his visit to Bengaluru for the inauguration of its first office outside Romania. Daniel also shared his views on how robotic process automation (RPA) is used with GenAI to enhance customer experience. Edited excerpts:

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3 mins  |
February 22, 2024
CCI rolls out new regime to nudge cartel members to come clean
Mint Mumbai

CCI rolls out new regime to nudge cartel members to come clean

The govt introduced the regime, as cartels are among the worst forms of anti-competitive practices

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2 mins  |
February 22, 2024
Asthma drug sales spike in Jan
Mint Mumbai

Asthma drug sales spike in Jan

Other leading sales at pharmacies were for cardiac drugs, anti-infection and gastrointestinal medicines

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1 min  |
February 22, 2024
Mint Mumbai

Relief for biz as bankruptcy cases by vendors decline

Bankruptcy cases initiated by operational creditors drop; those by financial creditors rise

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2 mins  |
February 22, 2024
Politics takes a fancy to digital influencers
Mint Mumbai

Politics takes a fancy to digital influencers

When PM Modi completed nine years in office, the BJP gathered around 500 social media influencers for a celebration

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3 mins  |
February 22, 2024
Mint Mumbai

iBus to get $200 mn from NIIF

Once concluded, this will be the Master Fund's second investment in digital infrastructure

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1 min  |
February 22, 2024
My11Circle is IPL official partner
Mint Mumbai

My11Circle is IPL official partner

Fantasy gaming app My11Circle on Wednesday won the race to be an official partner of the Indian Premier League (IPL), bidding ₹125 crore per year for a period of five years.

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2 mins  |
February 22, 2024
'Willing to bear any fert subsidy cost'
Mint Mumbai

'Willing to bear any fert subsidy cost'

Union chemicals and fertilizer minister Mansukh Mandaviya on Wednesday said the Centre is willing to spend whatever is required on fertilizer subsidy to protect farmers' interests. This comes at a time when thousands of farmers from Punjab are marching towards the national capital to press the government to accept their demands, including a legal guarantee on the minimum support price (MSP) for 23 crops.

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2 mins  |
February 22, 2024
Stock Markets Keep Bull Run On For Day 6
Mint Mumbai

Stock Markets Keep Bull Run On For Day 6

Benchmark Sensex spurted by 349 points while Nifty scaled a fresh lifetime high on the sixth straight day of gains on February 20, driven by buying in banking and select FMCG shares.

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1 min  |
February 21, 2024
Hotel Margins To Sustain Amid Rising Costs In FY25: ICRA
Mint Mumbai

Hotel Margins To Sustain Amid Rising Costs In FY25: ICRA

Icra anticipates a slowdown in revenue growth to 7-9% in FY25, following a strong 14-16% growth in FY24

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1 min  |
February 21, 2024
Can Dara Fix Uber's Rickety Ride In India?
Mint Mumbai

Can Dara Fix Uber's Rickety Ride In India?

The CEO of Uber has big plans for India. But competition and tighter regulations may spoil the pitch

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10+ mins  |
February 21, 2024
Data Show Economy Is Booming. Wall Street Thinks Otherwise
Mint Mumbai

Data Show Economy Is Booming. Wall Street Thinks Otherwise

Recent CPI and producer-price index reports both pointed to an unexpected increase in price pressures in Jan

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4 mins  |
February 21, 2024
We need to forge our own paths for a sensible energy transition
Mint Mumbai

We need to forge our own paths for a sensible energy transition

Developing countries taking climate action should watch out for the costs that a rushed transition to renewables may impose

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5 mins  |
February 21, 2024
India Inc must get more competitive on growth
Mint Mumbai

India Inc must get more competitive on growth

A McKinsey study spotlights the growth imperative: businesses must compete on this score within their industry, not just aim to outpace GDP. It's what competitive markets demand

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2 mins  |
February 21, 2024
Farmers resume 'Delhi Chalo', Munda urges peace
Mint Mumbai

Farmers resume 'Delhi Chalo', Munda urges peace

Farmers reject Centre's proposal to buy pulses, maize and cotton crops at MSP

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1 min  |
February 21, 2024
Megaprojects in the desert sap Saudi Arabia's cash
Mint Mumbai

Megaprojects in the desert sap Saudi Arabia's cash

Saudi's sovereign-wealth fund last month said its cash levels as of September had fallen by nearly 3/4th

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5 mins  |
February 21, 2024
Creative professionals bullish on OpenAI Sora amid IP woes
Mint Mumbai

Creative professionals bullish on OpenAI Sora amid IP woes

Sora is not the absolute first of its kind, and faces competition from the likes of Runway, and Synthesia

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2 mins  |
February 21, 2024
'India's AI market to reach $17 bn by 2027'
Mint Mumbai

'India's AI market to reach $17 bn by 2027'

Growth will be fuelled by higher enterprise tech spending, AI talent base

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2 mins  |
February 21, 2024
Pocket FM to invest $40 mn in Pocket Novel, expand reading library
Mint Mumbai

Pocket FM to invest $40 mn in Pocket Novel, expand reading library

Audio series platform Pocket FM will invest $40 million in its online reading service Pocket Novel to enhance the latter's presence in the literary landscape and develop intellectual properties over the next year, said Rohan Nayak, co-founder and CEO, Pocket Novel.

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2 mins  |
February 21, 2024
Bigbasket quickens slotted deliveries to within 2 hours
Mint Mumbai

Bigbasket quickens slotted deliveries to within 2 hours

One-hour delivery likely to be introduced in a few months, says company CEO Hari Menon

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2 mins  |
February 21, 2024
Proof needed Greenwashing: for claims, say draft norms
Mint Mumbai

Proof needed Greenwashing: for claims, say draft norms

All green claims made by a person or an organization must be supported by verifiable evidence, according to new draft guidelines released on Tuesday for preventing greenwashing.

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1 min  |
February 21, 2024
Laptop, tablet shipments fall
Mint Mumbai

Laptop, tablet shipments fall

Shipments of laptops, desktops and tablets declined in India in 2023, hurt mainly by slow commercial deals from companies and lack of government contracts.

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1 min  |
February 21, 2024