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Mint Mumbai

Why SAIL's growth outlook is dim

Shares of Steel Authority of India Ltd (SAIL) have dropped 7.5% since the company reported weak September quarter (Q2FY25) results on Thursday.

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2 mins  |
November 13, 2024
Transforming leaders of today and tomorrow for far-reaching changes that lie ahead
Mint Mumbai

Transforming leaders of today and tomorrow for far-reaching changes that lie ahead

Egon Zehnder works closely with Boards as well as leaders, helping them find their unique voice and uncover the potential they might not otherwise recognize

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4 mins  |
November 13, 2024
Mint Mumbai

Ex-Orios partners launch $75 mn fund

Anup Jain and Rajeev Suri, former managing partners of Orios Venture Partners, have launched a $75 million fund to back a mix of early and late-stage startups in fintech, climate and sustainability and consumer-driven B2C startups under their new investment vehicle—Blue Green Ventures.

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1 min  |
November 13, 2024
NoBroker morphing into financial services company
Mint Mumbai

NoBroker morphing into financial services company

NoBroker gets a fourth of its over ₹600 crore revenue from its financial services business

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3 mins  |
November 13, 2024
Mint Mumbai

India in top 10 globally for patents, trademarks and industrial designs

India now ranks among the top 10 countries globally in the number of patents, trademarks and industrial design applications, according to the World Intellectual Property Organization's (WIPO) 2024 report on IP trends.

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1 min  |
November 13, 2024
63 businesses find debt resolution in Q3
Mint Mumbai

63 businesses find debt resolution in Q3

In the eight years since IBC came into force, 1,068 companies have been pulled back from insolvency

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2 mins  |
November 13, 2024
Mint Mumbai

Centre asks states to list power utilities

Power minister Manohar Lal said ₹42 trillion of investments are required in the sector by 2030

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1 min  |
November 13, 2024
Mint Mumbai

Goods exports in Q3 may hit $107.5 bn

India's merchandise exports are likely to rise 1.85% year-on-year to $107.5 billion in the third quarter of FY25, according to India Exim Bank.

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1 min  |
November 13, 2024
NFRA board revises all audit norms despite ICAI dissent
Mint Mumbai

NFRA board revises all audit norms despite ICAI dissent

The matter of audit revision dates back to the 2009 Satyam Computers scandal

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2 mins  |
November 13, 2024
Mint Mumbai

India aims to lift air cargo to beat Red Sea bump

India's commerce ministry is pitching for air cargo to ship products such as pharmaceuticals, textiles, electronics and perishables that rely on swift delivery as disruption in the Red Sea trade route has increased freight costs, two people aware of the development said.

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2 mins  |
November 13, 2024
Zepto eyes $250 mn from HNIs, wealth cos at flat valuation
Mint Mumbai

Zepto eyes $250 mn from HNIs, wealth cos at flat valuation

Quick commerce startup Zepto is looking to raise about $250 million from high-net-worth individuals and wealth management firms, including Motilal Oswal, IIFL and InCred, at a near-flat valuation of $5 billion, three people familiar with the matter said.

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2 mins  |
November 13, 2024
Mint Mumbai

Inflation chills rate hopes; IIP recovers

At 6.21%, retail inflation crosses all estimates; factory output up

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2 mins  |
November 13, 2024
7 myths about ADHD and how to handle it
Mint Mumbai

7 myths about ADHD and how to handle it

Some adults with ADHD are misdiagnosed as having anxiety or depression as myths prevail even in the medical community

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4 mins  |
November 12, 2024
Why women bear the brunt of misdiagnosis
Mint Mumbai

Why women bear the brunt of misdiagnosis

Girls are half as likely as boys to be diagnosed correctly as having ADHD, show studies

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2 mins  |
November 12, 2024
At these international marathons, it's ready, steady, swig
Mint Mumbai

At these international marathons, it's ready, steady, swig

Can running and drinking go together? From France to Scotland, here are five races where running is a merry party

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2 mins  |
November 12, 2024
Indian IT firms should brace for Trump's second term
Mint Mumbai

Indian IT firms should brace for Trump's second term

Restrictive visa, trade and other policies under Trump 2.0 may force a review of their US-centric business models

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3 mins  |
November 12, 2024
Freebies don't offer a long-term solution but let us not ban them
Mint Mumbai

Freebies don't offer a long-term solution but let us not ban them

Keeping citizens dependent on handouts is not fiscally sustainable. India needs a transparent framework to regulate them

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4 mins  |
November 12, 2024
Is Nvidia's chief dreaming of selling us R2-D2-like robots?
Mint Mumbai

Is Nvidia's chief dreaming of selling us R2-D2-like robots?

It may turn out to be a good bet if the chip-maker keeps its risks low

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3 mins  |
November 12, 2024
Two ways the EPFO can get itself an image boost
Mint Mumbai

Two ways the EPFO can get itself an image boost

India's state-run retirement fund would do itself a favour by resolving its high level of claim rejections and speeding up interest payments. Its digital makeover should signal efficiency

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2 mins  |
November 12, 2024
Mint Mumbai

Forex card vs debit card: How to lower cross-border markup fees

Unlike debit cards, forex cards are not linked to your bank account, limiting your exposure to fraud and theft

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5 mins  |
November 12, 2024
India must reassess its rejection of the RCEP trade bloc
Mint Mumbai

India must reassess its rejection of the RCEP trade bloc

Joining it can work in our favour as global trade barriers get reshaped and value chains are forged

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4 mins  |
November 12, 2024
Armed hostility between Israel and Iran is very likely to escalate
Mint Mumbai

Armed hostility between Israel and Iran is very likely to escalate

Israel senses a high-risk high-return chance to reshape West Asia that Trump might green-light

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3 mins  |
November 12, 2024
Mint Mumbai

IT'S TIME TO INDEX INDIA'S TAX SYSTEM AGAINST INFLATION

One of the big stories of the Indian economy has been the sharp increase in personal income tax collections.

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3 mins  |
November 12, 2024
WHY MAJETY MARCHES TO A DIFFERENT BEAT
Mint Mumbai

WHY MAJETY MARCHES TO A DIFFERENT BEAT

Swiggy, which will list on Wednesday, needs its idea-driven founder to steer it towards profitability

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9 mins  |
November 12, 2024
Mint Mumbai

Spouse's rental income: Taxation rules for NRIs

My wife and I are NRIs. She owns a residential property in India which she rented out. She requested the tenant to credit a month's rent to my NRO account instead of hers since I'm due to visit India and can use the funds for local expenses.

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1 min  |
November 12, 2024
Govt clarifies on National Savings Scheme
Mint Mumbai

Govt clarifies on National Savings Scheme

The government, on Saturday, clarified that interest on the national savings scheme (NSS) was applicable till 30 September.

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2 mins  |
November 12, 2024
Britannia misses Q2 profit estimates
Mint Mumbai

Britannia misses Q2 profit estimates

Biscuit maker Britannia Industries posted a smaller-than-expected second-quarter profit on Monday, hurt by weaker demand for consumer goods, particularly in urban areas amid high inflation.

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1 min  |
November 12, 2024
Mint Mumbai

ONGC records 25% dip in Q2 net profit

Oil and Natural Gas Corp. Ltd (ONGC), which announced its July to September quarter results on Monday, recorded a 25% fall in net profit at ₹10,272.5 crore.

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1 min  |
November 12, 2024
Mint Mumbai

Zetwerk may raise $1 bn in Indian IPO

Zetwerk Pvt. Ltd, a supply chain startup, is considering fundraising options including an initial public offering that may help it raise as much as $1 billion, according to people familiar with the matter.

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1 min  |
November 12, 2024
Radisson Hotel eyeing expansion
Mint Mumbai

Radisson Hotel eyeing expansion

Radisson Hotel Group is aiming to have 200 properties in India by 2027 and increase presence in new tourist centres as well as business locations in tier-II and -IV cities, a top company executive has said.

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1 min  |
November 12, 2024