CATEGORIES

2-wheeler firms see double-digit growth

The domestic two-wheeler industry is expected to witness a double-digit revenue growth next fiscal with demand for premium models anticipated to gain further momentum, according to Hero MotoCorp CEO Niranjan Gupta.

LEAD to trim burn rate, aims to become profitable in FY25

West Bridge-backed edtech unicorn LEAD School will reduce its Ebitda burn in FY24 by two-thirds and become profitable in the next financial year, the company's co-founder and CEO Sumeet Mehta told Mint in an interview.

Eruditus to deepen its India presence to grow

It partners with IITs and IMs to offer executive programs in the country

Can FY25 break NMDC's momentum?

Investors in NMDC Ltd had a fruitful 2023 with the stock climbing over 70%.

China holds key interest rate steady

China refrained from cutting a key policy interest rate as its central bank sought to shield the yuan from volatility, underscoring the challenges policymakers face as they try to manage economic risks and pressures from deflation.

Stock mkt may gallop to $5 tn in 2 months; economy in a slower 4 yrs

The economy $5-trillion could hit the mark in the next four years, but the stock market value can soar to $5 trillion within the next two months, going by the roaring rally in state-owned enterprises and the likes of Reliance, Infosys, and TCS, according to market mavens.

PRANAY BHARDWAJ/MINT Siemens banks on energy, railways

Siemens Ltd, with its diverse range of products, is poised to benefit significantly from the increased spending on infrastructure in the energy and railway sectors.

Deal wins not rosy for IT firms

The revival hopes for the information technology sector hinge on the rate of deal acquisitions, yet the performance in the December quarter (Q3FY24) was lukewarm. After an exceptional second quarter, deal wins in Q3 slowed down for top-tier IT firms.

Apple to face fine of $539 mn from EU

The European close to hitting Apple Inc with its first-ever antitrust fine as well as a ban on App Store rules that the bloc believes thwart competition, according to the Financial Times.

Deals digest: Investment value dips, M&A activity subdued

India's investment activity remained subdued during this week, lacking any large ticket transactions. It was also the third week in a row without a deal hitting the psychologically important $50 million mark.

Synaptics India expected to double headcount by 2028

American tech solutions provider Synaptics is looking to expand its operations in India.

Samara in talks for Enovate deal

Samara Capital, an Indian private equity fund, is in advanced talks to invest in natural ingredients supplier Enovate Biolife, which operates in India as well as the US, at least two people aware of the development told VCCircle.

Investcorp eyes final close of 2nd India fund by yr-end

The firm has already raised over half the target corpus of the 400-mn private equity fund

Govt sharpens groundwater monitoring, impact on food output feared

The Centre is looking to revamp its approach to groundwater management, a senior government official said, as the nation faces the critical challenge of falling groundwater levels that threaten agricultural productivity, The government aims to expand the network of monitoring wells to 90,000, including through 40,000 digital water level recorders (DWLRs) across the country.

Talk about health, IMA advises politicians

The Indian Medical Association (IMA) has drawn up a 'health manifesto' and distributed it to around 60 lawmakers across all national parties ahead of general elections.

SFIO probe unleashes political storm

A probe by the Serious Fraud Investigation Office (SFIO) into the affairs of two private firms and a state public sector enterprise that has snowballed into a political storm is likely to get bigger.

India's answer to EU carbon tax: green textile products

Aim is to reduce carbon footprint and water consumption in the textile industry

Small streamers pick up big guns' slack

Smaller regional language streaming platforms with limited budgets and little access to top talent are rushing to fill the void left by bigger entities, many of whom have slowed down on commissioning new projects.

China steel keeps India Inc on edge

India's steelmakers and user industries are keeping a close watch on the trajectory of Chinese steel exports, which could determine these companies' margins in the coming quarters.

Higher demand, fewer flights fuel summer airfares

Airfares are climbing And people are planning to travel more.

IFCI may get fresh funds; reverse merger in works

Lender has struggled despite capital injections; 500 cr infusion likely in FY25

Crime in a closed circle

Long overshadowed by gritty crime, the cosy’ murder mystery is appearing on screens and in bookstores again

It's spring, find yourself some flower-shade

There is a short time of the year in India when you don't run for the shade, and the air is saturated with a honey-in-whisky sweetness.

Reading manuscripts for sense and sensitivity

Sensitivity editors read a work to spot biases in representation, but Indian publishing is divided on their need

The artist who broke free of limitations

Ramachandran was as adept at writing children’s books and practising Carnatic music as he was in the visual arts

SHIFTING THE GOAL POSTS

The Indian football story is one of paradoxes—in which optimism and pessimism coexist. From the distant dream of one day playing in the World Cup, to how clubs are trying to foster grass-roots talent, Lounge takes an indepth look at the state of the game

Nostalgia takes centre stage at this chef's table

A 12-seater chef's counter restaurant opens in Mumbai to reimagine fine dining

'THE SOUL IS WHAT THE SPOON FEEDS'

Tabinda Jalil Burney’s new culinary memoir is aS much a cultural and linguistic history as itis a tribute toa family's food heroes

A novel with a profound sense of serenity, grace

Upamanyu Chatterjee's 'Lorenzo Searches For The Meaning Of Life' is a cleverly self-reflexive novel that wears its scholarship lightly

A taste of modernist Urdu publishing

In nearly 2019, in the comparatively benign days before Twitter assumed its current avatar X, a viral trend broke out as users from across India began posting their names in the nastaliq script.