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How more Indians are carpooling to cut the costs of office commute

The covid pandemic is over and it’s now business as usual. Cities have sprung back to life as people return to office. And, so have the huge traffic snarls, as people travel from home to office and back during rush hour. Meanwhile, young professionals are looking for cost-efficient and convenient ways to commute to their offices. Many of them are carpooling to hitch a more comfortable ride.

'RISHAD IS CHAIR, I'M CEO, AZIM PREMJI IS A SHAREHOLDER'

Wipro is in the middle of a \"tough transformation\" and Thierry Delaporte says he has Rishad's support

'Mazars to step up head count by 3-fold'

Global audit, tax and consultancy firm Mazars will be increasing its head count in India by over three times from the existing 1,300 professionals to 5,000plus within five years to tap the growing business opportunities, said Rudi Lang, global head of financial services for Mazars.

HDFC Bank plans to launch new mobile app, site by Mar

HDFC Bank Ltd, India’s largest private lender, plans to launch a revamped mobile app and an internet banking website by March, over five years after an upgraded app faced glitches and had to be rolled back in a week.

New law may bring OTT apps under ad, programme codes

OTTS which have adopted self-regulation so far to follow stricter standards under new law

'India developers exceptional, but talent shortage issue is structural'

India is home to the second-largest developer base for GitHub, the world’s largest platform for storing, hosting and sharing code. Data shared exclusively with Mint by GitHub revealed India to have over 11.4 million individual developers on the platform, while over 440,000 Indian companies also host and share their code through the platform.

EV boom triggers battle for talent in automotive sector

Automobile companies chase skilled professionals to develop capabilities in green mobility

'Strong digital strategy vital for any company'

Bengaluru-based growth and private equity mid-market firm Amicus Capital is on track to close its second fund. It expects to mop up as much as $200 million and has received commitments from offshore investors such as the US International Development Finance Corp and the European Investment Bank.

'There's opportunity for strong earnings growth for many years'

Domestic markets are not far ahead of fundamentals, and there is opportunity for strong earnings growth for several years, Nirav Sheth, chief executive officer, institutional equities at Emkay Global Financial Services Ltd, said in an interview.

Oil surge upends EM disinflation trade

Just a couple of months ago, emerging-market assets were all the rage as inflation eased and interest rate-cut bets surfaced. The trade has all but fizzled out.

Rail, roads eat into air travel on short routes

Vande Bharat trains, new highways tempt many leisure travellers

India, Australia to discuss connectivity boost with undersea cables

India and Australia will discuss collaboration to lay down undersea cables to improve connectivity in less developed nations in South Asia and in the wider Indo-Pacific, according to persons aware of the matter.

Poultry prices rise as demand returns

Poultry prices that declined in the April-August period have started climbing again, with the end of Hindu religious periods Shravan and Adhik Maas, and Sri Lanka boosting egg imports from India.

Centre to cancel OCI cards over pro-Khalistan activity

Over 12 OCI cards to be scrapped; move follows India suspending visa services in Canada

Wipro to rebound as market recovers; top exits no worry'

Wipro Ltd will return to a “great level of growth\" when market conditions improve, chief executive officer Delaporte said in an interview where he defended his leadership style and dismissed worries about senior-level exits.

Akasa Air plans to raise up to $400 mn

Jhunjhunwala family may not buy more shares, diluting stake

Lights, camera, election: Political films set to storm theatres

A wave of political dramas and nationalist movies is poised to hit movie theatres in the lead-up to next year's general elections, inspired by the success of the period film Gadar 2.

Growth on track despite recent oil spike: FinMin

The government is confident of the Indian economy growing 6.5% this fiscal year despite rising oil prices and the risk of a stock market correction affecting investment, a finance ministry report showed

Upcoming swanky highways to have same speed limits as now

The maximum speed on the world-class highways coming up in India will remain at the existing 120kmph in the interest of safety, even though many of them have been tested for speeds as high as 160kmph

Demand up, but inflation worrying: P&G Hygiene

Procter & Gamble Hygiene and Health Care Ltd on Friday pointed to a broad consumption rise in its business segments, even as steep commodity prices, erratic rains and the recent spike in inflation keep the maker of Whisper, Vicks and Old Spice on its toes

Import relief: IT hardware cos get one-year leeway

Apple, HP, Lenovo, Dell and other companies will get a one-year window to freely import laptops, PCs, servers and other IT hardware products under a new import management system that takes effect on 1 November, three people aware of the development said.

SpiceJet gets breather on Credit Suisse dues

The Supreme Court on Friday allowed low-fare airline SpiceJet to pay Credit Suisse $1 million every month over the next six months to clear its dues

Micron's semiconductor plant work to begin today

US-based Micron Technology will hold the ground-breaking ceremony of its first assembly, testing, and packaging (ATMP) plant for semiconductors in Sanand, Gujarat, on Saturday, Rajeev Chandrasekhar, minister of state for electronics and IT, said, noting the speed with which the project was executed

'India ready to share DPI ecosystem with global south'

India is ready to share technical capabilities and knowledge related to its Digital Public Infrastructure (DPI) ecosystem for financial inclusion efforts of the Global South, Ajay Seth, secretary, Department of Economic Affairs (DEA) said on Friday

Debt index inclusion to strengthen rupee: CEA

The development will also help the government reduce borrowing costs

iPhone 15 sales take off, but top models in short supply

Retailers see shortage of Pro, Pro Max on first day; standard iPhones see higher demand

Climate Finance Must Get Beyond Greenwishing And Greenwashing

Innovation will be crucial as policymakers and asset owners ponder how to channel capital at scale towards climate actio

Banks To Tag Wilful Default In Six Months Under New Rules

RBI draft widens definition, charts timeline, outlines process to label wilful defaulters

Inside Apple's Failure To Build A Key Part For Its New iPhone

The new iPhone models unveiled last week are missing a proprietary silicon chip that Apple had spent several years and billions of dollars trying to develop in time for the rollout.

Markets Extend Fall After Hawkish Pause By US Fed

US interest rates remaining higher for longer elevate global slowdown concerns