CATEGORIES

'Vedanta to produce cheapest aluminium'
Mint Mumbai

'Vedanta to produce cheapest aluminium'

Vedanta, the largest aluminium producer in India, will soon become the lowest-cost producer of the silver-white metal in the world as the company works on backward integration of its supply chain, including acquisition of more coal mines, according to John Slaven, the chief executive of the company's aluminium business.

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1 min  |
February 13, 2024
GSK India arm's profit in Q3 falls on government price cap
Mint Mumbai

GSK India arm's profit in Q3 falls on government price cap

GlaxoSmithKline Pharmaceuticals, the Indian unit of the UK's GSK, reported a 3% fall in third-quarter profit on Monday, hurt by the government's pricing cap on certain medicines.

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1 min  |
February 13, 2024
Mint Mumbai

Sebi ups scrutiny of IPO docs

The market regulator Securities and Exchange Board of India (Sebi) is increasing scrutiny of issue documents filed by companies going public, four people said on Monday, amid a rise in initial public offerings (IPOs) in the Indian market.

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1 min  |
February 13, 2024
Small investors bump up stake in NSE on hopes of listing
Mint Mumbai

Small investors bump up stake in NSE on hopes of listing

Small retail investors and HNIs hiked their stakes in NSE in the December quarter on hopes of a much-anticipated listing of the country's largest bourse and the world's largest derivatives one, according to data accessed from NSE.

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1 min  |
February 13, 2024
Mint Mumbai

Demand woes and rising debt a worry for Ramco Cements

The cement sector is currently characterized by weak demand and subdued pricing trends. Added to this, The Ramco Cements Ltd is facing other challenges as well.

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1 min  |
February 13, 2024
Fair Q3 but bumpy ride for Hero
Mint Mumbai

Fair Q3 but bumpy ride for Hero

Hero MotoCorp Ltd's shares hit a 52-week high of ₹4,949.05 apiece in early trading hours on Monday but proceeded to close nearly 5% lower with broader markets remaining weak.

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2 mins  |
February 13, 2024
'Incredible India push needs a digital revamp'
Mint Mumbai

'Incredible India push needs a digital revamp'

India's impressive economic growth hasn't translated into booming tourism, with calls for a \"dynamic and digital\" revamp of the Incredible India campaign failing to attract foreign visitors, former CEO of Niti Aayog and Indian G20 Sherpa Amitabh Kant said.

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1 min  |
February 13, 2024
No review of action against Paytm Payments Bank: RBI gov
Mint Mumbai

No review of action against Paytm Payments Bank: RBI gov

Reserve Bank of India (RBI) governor Shaktikanta Das on Monday ruled out any review of the central bank's action against Paytm Payments Bank Ltd.(PPBL), saying the decision was taken after a lot of consideration and a comprehensive analysis of the lender's functioning.

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1 min  |
February 13, 2024
Govt to bring in 14 QCOs amid FTA push
Mint Mumbai

Govt to bring in 14 QCOs amid FTA push

The Union government is planning to introduce 14 quality control orders (QCOS) covering 129 new products by the end of the year, two people aware of the matter said, in a move aimed at making India-made products more competitive globally.

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2 mins  |
February 13, 2024
'India's job creation engines must fire for rural populace"
Mint Mumbai

'India's job creation engines must fire for rural populace"

Need to broaden jobs; but digital economy good enough to be replicated by rich nations

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2 mins  |
February 13, 2024
Urban jobless rate falls to 6.5% in Q3: Statistics ministry
Mint Mumbai

Urban jobless rate falls to 6.5% in Q3: Statistics ministry

The unemployment rate in urban areas fell to 6.5% in the three months to December, down from 7.2% in the same period of 2022, the ministry of statistics and programme implementation (MOSPI) said on Monday.

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1 min  |
February 13, 2024
Aion readies Clix for sale, in talks to hire bankers
Mint Mumbai

Aion readies Clix for sale, in talks to hire bankers

A private ion Capital, a fund of US-based equity (PE) firm Apollo Global Management, has started the process of exiting non-bank lender Clix Capital Services, two people aware of the matter said.

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2 mins  |
February 13, 2024
Factories power up; retail inflation falls
Mint Mumbai

Factories power up; retail inflation falls

The Indian economy showed signs of resilience at the beginning of the year as industrial output rose and inflation fell, data released on Monday showed.

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2 mins  |
February 13, 2024
India eyes ghee for cheese in UK FTA
Mint Mumbai

India eyes ghee for cheese in UK FTA

Traceability of ghee a stumbling block for trade negotiators

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3 mins  |
February 13, 2024
Till Dec, Ministries Used Up Only 68% Of Revised Budget Allocation
Mint Mumbai

Till Dec, Ministries Used Up Only 68% Of Revised Budget Allocation

A large number of Union ministries had utilized only about two-thirds of their revised budgetary allocations for 2023-24 in the first nine months of the financial year.

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2 mins  |
February 12, 2024
Tesla Was Once About AI, Climate Change. Now What?
Mint Mumbai

Tesla Was Once About AI, Climate Change. Now What?

Elon Musk’s changing personal priorities raise questions about where the automaker is heading

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4 mins  |
February 12, 2024
How To Make Your Work Résumé Shine In AI Era
Mint Mumbai

How To Make Your Work Résumé Shine In AI Era

With the appraisal W season around the corner, employees across the country are equal part nervous and excited.

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5 mins  |
February 12, 2024
Doom Spending Doesn't Mean The Same As Caring For Yourself
Mint Mumbai

Doom Spending Doesn't Mean The Same As Caring For Yourself

Itis a nihilistic coping mechanism that can strip us of our savings

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3 mins  |
February 12, 2024
The strategy behind the budget lies embedded in its fine details
Mint Mumbai

The strategy behind the budget lies embedded in its fine details

Indias deficit targets have won praise but the deft re-ordering of spending needed to achieve that has escaped public scrutiny

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3 mins  |
February 12, 2024
Mint Mumbai

Science fiction must escape the dystopia it has trapped itself in

Books are increasingly filled with dread of the future at a time we need literature investing in hope

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3 mins  |
February 12, 2024
White paper: It's politics above economic fidelity
Mint Mumbai

White paper: It's politics above economic fidelity

Even as political tools, such documents perform better by aiming for broad credibility. Its archival value would've been notable had it taken an even-handed look at the UPA decade

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2 mins  |
February 12, 2024
FLIGHT OF GOD'S OWN ANGELS DEEPENS INDIA'S HEALTH WOES
Mint Mumbai

FLIGHT OF GOD'S OWN ANGELS DEEPENS INDIA'S HEALTH WOES

Long hours, poor working conditions, and miserable pay are driving nurses to distant shores

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7 mins  |
February 12, 2024
Mint Mumbai

How AA framework is changing your financial life for the better

Banks and insurers have started offering customers instant access to their financial products with AA ecosystem

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5 mins  |
February 12, 2024
Bezos sells nearly 12 mn Amazon shares worth at least $2 bn
Mint Mumbai

Bezos sells nearly 12 mn Amazon shares worth at least $2 bn

Jeff Bezos filed a statement with federal regulators indicating his sale of nearly 12 million shares of Amazon stock worth more than $2 billion.

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1 min  |
February 12, 2024
Mint Mumbai

Govt to set up facilities to test drone parts as use cases soar

The labs will have various tests to study sturdiness, flying capacity, battery leakage, etc

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1 min  |
February 12, 2024
China's carbon emissions set to decline years earlier than expected
Mint Mumbai

China's carbon emissions set to decline years earlier than expected

China's massive rollout of energy is renewably accelerating, its investments in the sector growing so large that international climate watchdogs now expect the country's greenhouse gas emissions to peak years earlier than anticipated-possibly as soon as this year.

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4 mins  |
February 12, 2024
Xiaomi flags suppliers' concerns in India
Mint Mumbai

Xiaomi flags suppliers' concerns in India

China's Xiaomi has told New Delhi that smartphone component suppliers are wary about setting up operations in India amid heavy scrutiny of Chinese companies by the government, according to a letter and a person with direct knowledge of the matter.

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1 min  |
February 12, 2024
GMR Sports looks to unlock value: CEO
Mint Mumbai

GMR Sports looks to unlock value: CEO

It holds 50% in Delhi Capitals, and also owns UP Yoddhas in Pro Kabaddi

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2 mins  |
February 12, 2024
Fragile Five days past as funds pile into India, Indonesia
Mint Mumbai

Fragile Five days past as funds pile into India, Indonesia

India and Indonesia were once famously lumped together as part of Morgan Stanley's \"Fragile Five\". A decade later, they are investor favourites.

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1 min  |
February 12, 2024
The costliest shareholder fight goes to Disney board
Mint Mumbai

The costliest shareholder fight goes to Disney board

Disney, Trian Fund, Blackwells may spend over 70 million before 3 April shareholder vote

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3 mins  |
February 12, 2024