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November 15, 2024

After a slow start, auto PLI claims may zoom in future

The first wave of claims for India's automobile production incentives scheme barely touched ₹500 crore, an amount that may grow exponentially in the years ahead as the electric revolution unfolds and more products secure certification.

After a slow start, auto PLI claims may zoom in future

3 mins

Highway building, environment go hand in hand, says Gadkari

Union road transport and highways minister Nitin Gadkari has said that highways and infrastructure projects, especially in the Himalayan states, were being built in an environment-friendly way and that the allegations of environmental damage were \"completely wrong\".

Highway building, environment go hand in hand, says Gadkari

2 mins

Musk-a-Lago: Inside Musk's role on Trump's transition team

In the lounge outside Donald Trump's Mar-a-Lago office, cabinet hopefuls mingle with advisers and friends of the future president.

Musk-a-Lago: Inside Musk's role on Trump's transition team

5 mins

Fashion begins to go green, but the transition is slow

Customers shopping for upcycled bags to eco-friendly tees are spoilt for choice, as upstart fashion brands chase them with a clutch of options.

Fashion begins to go green, but the transition is slow

2 mins

Key imports take Dubai route to skip China block

Move side-steps curbs that threatened to slow India's green energy, infra goals

Key imports take Dubai route to skip China block

3 mins

Lawyers guide firms with US operations as Trump 2.0 looms

Law firms are advising Indian companies operating in the US or engaging in deals with American firms to expect closer scrutiny under the Trump administration, suggesting additional clauses in legal contracts to protect their interests.

Lawyers guide firms with US operations as Trump 2.0 looms

3 mins

'FSSAI plans real-time surveillance, tracking, sampling of food items'

A dashboard is being prepared to see live tracking sampling and analysis done across the country. - G. Kamala Vardhana Rao CEO, FSSAI.

'FSSAI plans real-time surveillance, tracking, sampling of food items'

2 mins

India ranks 3rd in improving its business environment

The country, as per EIU, is among places where it expects the most key policy improvements

India ranks 3rd in improving its business environment

2 mins

Wholesale inflation at four-month high

A Reuters poll of economists expected wholesale inflation to be around 2.2% in October

1 min

MHI holds talks on subsidy for e-trucks

The ministry of heavy industries (MHI) convened an industry consultation in the national capital on Thursday to determine the optimal allocation of its ₹500 crore subsidy outlay for e-trucks under the PM E-drive scheme.

1 min

Trade deficit widens to $27 bn in Oct

The total value of merchandise and services exports touched $73.21 bn in October, up from $65.19 bn in September

2 mins

Porter looks to raise $100 mn from PE firms

The deal is likely to value the decade-old startup at $1.1-1.2 billion

Porter looks to raise $100 mn from PE firms

2 mins

SarvaGram raises ₹565 cr to boost biz

SarvaGram Solutions, a Pune-based credit platform that focuses on rural areas, has secured ₹565 crore in a Series D investment round led by Peak XV Partners.

SarvaGram raises ₹565 cr to boost biz

1 min

Clarity on AGR to help raise bank debt, says Voda Idea CEO

Clarity from the government on adjusted gross revenue (AGR) will move the needle on Vodafone Idea Ltd's efforts to raise debt from lenders, its top executive said, adding that promoters, along with the management, were in discussions with banks for raising ₹35,000 crore.

Clarity on AGR to help raise bank debt, says Voda Idea CEO

1 min

Pavestone raises nearly $100 mn

Hyderabad-based venture capital firm Pavestone VC, which invests in early- and growth-stage firms, has closed its maiden fund with a corpus of ₹816 crore (about $97 million).

Pavestone raises nearly $100 mn

1 min

PW hires new CFO ahead of 2025 IPO

Physics Wallah (PW), the Lightspeed-backed edtech unicorn, has appointed Amit Sachdeva as chief financial officer as it gears up for a public-market debut in 2025.

PW hires new CFO ahead of 2025 IPO

1 min

Sebi curbs to help boost BSE's Sensex options, says CEO

BSE & NSE have been asked to offer one weekly options expiry as 9 in 10 individuals lose money in index options

Sebi curbs to help boost BSE's Sensex options, says CEO

1 min

ONGC banks on two key factors

Oil and Natural Gas Corp. Ltd's (ONGC) standalone gross crude realization fell about 8% year-on-year in the September quarter (Q2FY25) to $78.3 a barrel.

ONGC banks on two key factors

2 mins

Tata Chemicals Europe rejig helps, but soda ash is a worry

Tata Chemicals Europe Ltd (TCEL), a subsidiary of Tata Chemicals Ltd, has embarked on a restructuring exercise.

1 min

Reduction of energy costs in the telecom sector

With telecom infrastructure companies looking for newer ways to cut back on energy costs, battery restoration technology provides telecom infrastructure firms with a viable, economical and green solution for uninterrupted power supply

Reduction of energy costs in the telecom sector

5 mins

'Design cities for next 100 years, think big'

DLF's K.P. Singh calls for the overhaul of India's urban planning approach

'Design cities for next 100 years, think big'

2 mins

Muted Q2 sparks a rethink at Mamaearth

Honasa Consumer Ltd, the listed beauty and personal care firm behind Mamaearth, plans to make significant adjustments to its product lineup, marketing approach, and investment allocation across categories to revive growth for its flagship brand, which underperformed in the September quarter.

1 min

Companies scan diversity, inclusion before M&A deals

The rising importance of D&I is closely tied to the growing focus on ESG assessments

Companies scan diversity, inclusion before M&A deals

3 mins

CCPA orders investigation into Ola Electric

Many customers reported that issues persisted as complaints were closed prematurely without result

1 min

'Revised norms will benefit big auditors'

Proposed revisions in the audit standard for consolidated financial statements of business groups could lead to the concentration of the audit market around big audit firms at the expense of other auditors, said an official of the Institute of Chartered Accountants of India (ICAI), the profession's self-regulator and rule maker.

'Revised norms will benefit big auditors'

2 mins

Vaz, Mani and Gupta to head RIL-Disney JV

The ₹70,000-cr media giant is likely to transform entertainment in India

Vaz, Mani and Gupta to head RIL-Disney JV

2 mins

It's a legacy agriculture company - and your newest AI vendor

Companies now find it critical to augment general models with more industry-specific data if they're going to be useful

It's a legacy agriculture company - and your newest AI vendor

3 mins

Apple iCloud faces antitrust claim

British consumer group Which? will launch legal action against Apple on Thursday, alleging the tech giant breached competition law by effectively locking millions of its customers into its iCloud service.

Apple iCloud faces antitrust claim

1 min

Trump and Putin's rapport masks deeper tensions

Warm words between two leaders doesn't necessarily signal a thaw in U.S.-Russia relations

Trump and Putin's rapport masks deeper tensions

5 mins

Delhivery reports ₹10.2 cr profit in Q2

Delhivery reported a net profit of ₹10.2 crore in the September quarter, against a loss posted a year ago.

1 min

Rupee falls to record low against USD

The rupee traded in a tight range and fell 4 paise to close at an all-time low of 84.43 (provisional) against the US dollar on Thursday, weighed down by unabated foreign fund outflows and strong dollar demand from investors.

Rupee falls to record low against USD

1 min

Muthoot Finance Q2 profit rises 26%

Gold loan provider Muthoot Finance reported a 26% rise in its second-quarter profit on Thursday, boosted by strong loan demand, and raised its gold loan growth forecast for the financial year 2025.

1 min

Blackstone revises Haldiram's stake

Blackstone has dropped plans to acquire a majority stake in the snacks business of India's Haldiram's but is now discussing purchase of a 20% stake at a valuation of $8 billion, which is still a sticking point, people familiar with the matter said on Thursday.

1 min

JPMorgan bets on India derivatives

JPMorgan Chase & Co., in a first for any global bank, has set up a unit to develop derivative products in India's newest international hub, according to people familiar with the matter.

1 min

SpiceJet, Canada's EDC settle dispute

SpiceJet on Thursday said it has settled a $90.8 million dispute with Export Development Canada for a total consideration of $22.5 million, leading to the airline taking ownership of 13 Q400 planes.

SpiceJet, Canada's EDC settle dispute

1 min

SECI barrels down on Reliance Power

SECI banned the power firm from its clean energy tenders for three years.

SECI barrels down on Reliance Power

1 min

India's sports industry to swell to $130 billion by 2030: Report

India's sports industry is set to swell to $130 billion by 2030 from $52 billion in 2023, driven by a surge in multi-sport fan base and deepening engagement from Gen Z audiences, according to a Deloitte-Google report.

India's sports industry to swell to $130 billion by 2030: Report

1 min

World Bank to lend $150 bn in 10 years for climate projects

India to have a big share of the funding, World Bank's country director (India) said

1 min

StanChart loses 4 financing bankers

Standard Chartered Plc is losing a handful of executives at its financing and credit business across India and Singapore amid a global restructuring and as an active dealmaking market boosts demand for bankers.

StanChart loses 4 financing bankers

1 min

WHICH BLOC'S POPULISM WILL WIN MAHARASHTRA?

Both the ruling Mahayuti and opposition Maha Vikas Aghadi are dangling a slew of welfare schemes to woo the electorate

WHICH BLOC'S POPULISM WILL WIN MAHARASHTRA?

8 mins

FUNDING FOREIGN EDUCATION: SHOULD YOU SAVE OR BORROW?

Education financing needs vary, but early planning is key to building your desired corpus

2 mins

Why health insurers refuse to cover certain treatments

While 12 modern treatments are covered, many advanced procedures are yet to be included

3 mins

Will my cured illness be eligible for coverage after three years?

My health insurance policy started on 29 June 2022. I was treated for a disease in October 2016. The period between the treatment and the policy start date is over 56 months. As per regulations, pre-existing conditions are those diagnosed within 36 months of policy purchase date. I had a surgery on 29 August 2024. Will my claim for the latest surgery get reimbursed? - Name withheld on request

Will my cured illness be eligible for coverage after three years?

1 min

Address economic distress with structural reforms and not doles

Cash transfers may offer short-term relief but raising worker incomes is the only lasting solution

3 mins

Aim for an efficient carbon market right from the start

India's economy is projected to grow dramatically over the next few decades. In nominal terms, it may double in size by 2030. This is exciting, but it comes with a significant risk.

3 mins

Speak for the Earth: It's the least we should do

This year's Booker prize winner turns our gaze to the planet from orbit and reminds us of the climate disaster that looms. Can odes sung to Earth move the world to act in its defence?

Speak for the Earth: It's the least we should do

3 mins

Bankers aren't always frank about bank regulation

The 'world's banker' Jamie Dimon, CEO of JPMorgan Chase, speaks his mind even if it means taking swipes at US regulators.

4 mins

Global solidarity levies can play a vital role in our climate efforts

Solidarity taxes could support redistributive measures and optimize how we collectively tackle a great challenge of our times

Global solidarity levies can play a vital role in our climate efforts

3 mins

Baku: A climate breakthrough looks depressingly bleak today

The success of fossil fuel-favouring politics threatens the planet

Baku: A climate breakthrough looks depressingly bleak today

3 mins

Skip cheese and sip wine in Switzerland

Beyond chocolates and cheese, there's another Swiss gem to discover — vineyards that have been passed down through the generations

Skip cheese and sip wine in Switzerland

4 mins

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Mint Mumbai Newspaper Description:

出版社HT Digital Streams Ltd.

カテゴリーNewspaper

言語English

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The business newspaper “Mint” published by one of the leading media houses of India, Hindustan Times, in association with Wall Street Journal. It aims to connect India to the world and the world to India in terms of business, economy, regulation and policies...

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