CATEGORIES

Navy test-fires BrahMos missile
Mint Mumbai

Navy test-fires BrahMos missile

ABrahMos supersonic cruise missile was successfully test-fired from the Indian Navy's frontline guided missile destroyer INS Mormugao, officials said on Sunday.

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1 min  |
May 15, 2023
NPCI pushes RuPay's global acceptability
Mint Mumbai

NPCI pushes RuPay's global acceptability

National Payments Corporation of India is exploring options for further tie-ups to strengthen the global acceptability of RuPay debit cards.

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1 min  |
May 15, 2023
Jaishankar calls for candid dialogues
Mint Mumbai

Jaishankar calls for candid dialogues

Globalization is the overwhelming reality of our times and there must be a respective appreciation of multipolarity because a multipolar world is feasible only by a multipolar Asia, external affairs minister S.

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1 min  |
May 15, 2023
Bollywood fails to take dubbing battle to south markets
Mint Mumbai

Bollywood fails to take dubbing battle to south markets

Trade experts say the original Hindi versions perform well only in metros in southern states like Bengaluru, Chennai and parts of Kerala because the dubbed southern versions have limited releases and are seen as small experiments currently

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3 mins  |
May 15, 2023
Lessors upset as moratorium keeps Go planes out of reach
Mint Mumbai

Lessors upset as moratorium keeps Go planes out of reach

SMBC tells bankruptcy tribunal that the move may force Indian airlines to pay a premium

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2 mins  |
May 15, 2023
Ad gurus criticize Starbucks boycott call over latest ad
Mint Mumbai

Ad gurus criticize Starbucks boycott call over latest ad

Experts argued the ad promotes inclusivity and acceptance of diversity, but detractors claimed that the choice to portray the transgender individual as a Hindu rather than a Muslim was deliberate

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3 mins  |
May 15, 2023
'Short-term volatility in shares not a worry'
Mint Mumbai

'Short-term volatility in shares not a worry'

He delved into future plans for Godrej Capital, Godrej Industries’ chemicals vertical, as well as Godrej Agrovet, besides the international market strategy for Godrej Consumer.

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5 mins  |
May 15, 2023
Khan, Vyas take up lead roles ahead of Sony-ZEE merger
Mint Mumbai

Khan, Vyas take up lead roles ahead of Sony-ZEE merger

Sony, ZEE agreed to merge in 2021, aiming to form one of the largest entertainment networks in the country

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1 min  |
May 15, 2023
Pidilite expects better margin, volume-driven growth in FY24
Mint Mumbai

Pidilite expects better margin, volume-driven growth in FY24

Pidilite Industries is \"cautiously optimist\" and expects better margins with volume-driven growth in FY24, helped by a comeback of rural and semi-urban demand and increased activities in the real estate sector, said its managing director Bharat Puri.

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1 min  |
May 15, 2023
Manappuram gold loans regain shine; ED issue remains a pain
Mint Mumbai

Manappuram gold loans regain shine; ED issue remains a pain

Manappuram has been actively diversifying into non-gold loan segments to beat the cyclical nature of gold loans.

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2 mins  |
May 15, 2023
Bean shortage drives up cost of even the cheapest brews
Mint Mumbai

Bean shortage drives up cost of even the cheapest brews

The global cost-of-living crunch has pushed coffee drinkers to get their fix from cheaper brews.

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1 min  |
May 15, 2023
Can TaMo sustain tempo in FY24?
Mint Mumbai

Can TaMo sustain tempo in FY24?

In the March quarter (Q4FY23), all the three key verticals—JLR, commercial vehicle (CV) and passenger vehicle (PV)—saw year-on-year and sequential expansion in operating margins.

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2 mins  |
May 15, 2023
Track, block lost or stolen mobiles from this wk
Mint Mumbai

Track, block lost or stolen mobiles from this wk

Chief Executive Officer and Chairman Project Board at CDoT Rajkumar Upadhyay has confirmed that the technology to track and block lost phones is ready for pan-India deployment.

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2 mins  |
May 15, 2023
India to ban import of lk defence items
Mint Mumbai

India to ban import of lk defence items

This is the fourth positive indigenisation list of strategically important components used by defence public sector undertakings (DPSUs) that have been placed under an import ban over the past two years.

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3 mins  |
May 15, 2023
Tur prices: India in talks with Myanmar
Mint Mumbai

Tur prices: India in talks with Myanmar

Domestic prices have gone up to ₹8,729-9,142 per quintal on 13 May in Kalaburagi, a key wholesale market in Karnataka from ₹8,165-8,512 a quintal on 21 April.

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3 mins  |
May 15, 2023
Govt plans to invest ₹300 cr in Alliance Air
Mint Mumbai

Govt plans to invest ₹300 cr in Alliance Air

Alliance Air which saw its net loss widen to ₹447.76 crore in fiscal year 2021-22, has been grappling with financial woes

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1 min  |
May 15, 2023
Govt expects EU carbon tax to hurt only 1.8% of exports
Mint Mumbai

Govt expects EU carbon tax to hurt only 1.8% of exports

After being passed by lawmakers of the 27-nation bloc, the Carbon Border Adjustment Mechanism (CBAM) Bill is expected to come into force this month, empowering the bloc to charge a Carbon Border Tax (CBT) on imports of steel, aluminium, fertilizer, electricity, cement and hydrogen from January 2026.

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2 mins  |
May 15, 2023
Govt halts plan to adopt cross-border insolvency
Mint Mumbai

Govt halts plan to adopt cross-border insolvency

The government’s current priority is to address key concerns around the operation of the bankruptcy code

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2 mins  |
May 15, 2023
Axis Trustee approaches NCLT to add more Future Retail claims
Mint Mumbai

Axis Trustee approaches NCLT to add more Future Retail claims

Axis Trustee Services, one of the financial creditors to Future Retail, has approached the NCLT after the resolution professional rejected its claims worth ₹470 crore out of total claims of ₹1,266 crore

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1 min  |
May 15, 2023
Visa delays push Indian IT firms to hire US locals
Mint Mumbai

Visa delays push Indian IT firms to hire US locals

The current timeframe for issuance of B1 and B2 visas exceeds a year in cities such as Mumbai and Delhi

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2 mins  |
May 15, 2023
'Go wanted to jump the line in engine delivery'
Mint Mumbai

'Go wanted to jump the line in engine delivery'

Pratt & Whitney, a Raytheon Group company, hopes the supply chain issues will improve in the current year

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2 mins  |
May 15, 2023
Adani revives capex plans for $1.5 billion
Mint Mumbai

Adani revives capex plans for $1.5 billion

In November 2021, the Adani group stated it would invest $70 billion in new energy over the next decade

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3 mins  |
May 15, 2023
Godrej promoters plan family office
Mint Mumbai

Godrej promoters plan family office

Godrej Industries' promoters are launching a family office to invest in new-age businesses, pursue riskier bets in unrelated segments and incubate new ideas. The office will be overseen by the son of the group chairman and will start with a few hundred crores.

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1 min  |
May 15, 2023
Google unleashes AI arsenal to counter Microsoft's success
Mint Mumbai

Google unleashes AI arsenal to counter Microsoft's success

Alphabet Inc.’s Google showed greater attention on displaying its progress on artificial intelligence (AI) at I/O, its annual developer conference, this week in a shift from the event’s traditional focus on presenting the latest generations of Android operating system.

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2 mins  |
May 13, 2023
KKR's IndiGrid acquires Virescent for ₹4,000 cr
Mint Mumbai

KKR's IndiGrid acquires Virescent for ₹4,000 cr

Virescent Renewable Energy Trust has signed definitive pacts for the deal

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2 mins  |
May 13, 2023
TaMo to pay Ist dividend since '16
Mint Mumbai

TaMo to pay Ist dividend since '16

Tata Motors Ltd, the parent of UK luxury car maker Jaguar Land Rover (JLR), on Friday posted a consolidated net profit of ₹5,408 crore in the quarter ended March, and declared a dividend of ₹2 per equity share, its first since 2016, when it had delivered a dividend of ₹0.20 per share.

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1 min  |
May 13, 2023
Banks can tag loan fraudulent without personal hearing: SC
Mint Mumbai

Banks can tag loan fraudulent without personal hearing: SC

The apex court clarified that an oral or personal hearing was not necessary in every case

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2 mins  |
May 13, 2023
Vi records biggest customer exodus in nearly 2 yrs in Feb
Mint Mumbai

Vi records biggest customer exodus in nearly 2 yrs in Feb

Vodafone Idea Ltd lost 1.3 million 4G users in February, the steepest decline in 21 months for the loss-making carrier, according to the latest subscriber data issued by the Telecom Regulatory Authority of India (Trai).

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1 min  |
May 13, 2023
Mar factory output growth slips to 5-month low of 1.1%
Mint Mumbai

Mar factory output growth slips to 5-month low of 1.1%

Slowing global demand and inventory surplus hit the pace of manufacturing in the country

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2 mins  |
May 13, 2023
Cracking the concertcore fashion code
Mint Mumbai

Cracking the concertcore fashion code

A guide to help you decide what to wear for the next big musical event in your city

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3 mins  |
May 13, 2023