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Mint Mumbai

Jewellery margin dulls Titan

Titan Co. Ltd's shares are down 2% since it announced its December quarter (Q3FY24) results on Thursday. A key disappointment in Q3 was the margin performance of its jewellery business.

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2 mins  |
February 05, 2024
India a hyper-growth mkt for Veeam Software
Mint Mumbai

India a hyper-growth mkt for Veeam Software

India is a hyper-growth market for Veeam Software, a US-based provider of backup, disaster recovery, and data management solutions.

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1 min  |
February 05, 2024
Mid-cap IT firms test Gen AI before selling it to clients
Mint Mumbai

Mid-cap IT firms test Gen AI before selling it to clients

Zensar, Sonata, Happiest Minds and Hexaware plan to be early movers in Gen AI segment

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2 mins  |
February 05, 2024
Bhabha may help reduce post-harvest onion loss using gamma rays
Mint Mumbai

Bhabha may help reduce post-harvest onion loss using gamma rays

India’s premier nuclear research centre is lending a helping hand with the nation’s kitchen staple—the onion.

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2 mins  |
February 05, 2024
Fiscal plan to be maintained
Mint Mumbai

Fiscal plan to be maintained

The fiscal journey for FY25 set out in the interim budget will be maintained despite a full budget slated in July after the general elections, finance ministry officials said.

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2 mins  |
February 05, 2024
Steps soon to stop abuse of GST flexibility: Revenue secretary
Mint Mumbai

Steps soon to stop abuse of GST flexibility: Revenue secretary

The government will take steps to prevent evasion of Goods and Services Tax (GST) by entities abusing the flexibility given to businesses to correct errors in transaction, revenue secretary Sanjay Malhotra said in an interview.

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1 min  |
February 05, 2024
Nod soon to digitize urban civic services, public works
Mint Mumbai

Nod soon to digitize urban civic services, public works

The scheme has been working without any Central support; now this gap has been addressed

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2 mins  |
February 05, 2024
The money and drugs that tie Musk to some Tesla directors
Mint Mumbai

The money and drugs that tie Musk to some Tesla directors

Board members at Elon Musk’s electric car maker, Tesla, were facing a dilemma.

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10+ mins  |
February 05, 2024
Reliance-Disney pact may set stage for consolidation
Mint Mumbai

Reliance-Disney pact may set stage for consolidation

The combined entity will gain from the English language content and content from entertainment channels they run

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2 mins  |
February 05, 2024
Consumer firms on prowl for new markets fire up deal street
Mint Mumbai

Consumer firms on prowl for new markets fire up deal street

India’s consumer industry is witnessing rising deal-making and mergers & acquisitions (M&A) as companies seek to consolidate positions and enter emerging segments.

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3 mins  |
February 05, 2024
When Geojit tried to fix what the regulator couldn't
Mint Mumbai

When Geojit tried to fix what the regulator couldn't

When warnings from the regulator and steep losses for clients failed to curb the retail frenzy for derivatives, Chenayappillil John George took matters into his hands.

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3 mins  |
February 05, 2024
RBI may hold rates, issue FY25 outlook
Mint Mumbai

RBI may hold rates, issue FY25 outlook

Economists polled by Mint expect little change in MPC stance

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2 mins  |
February 05, 2024
How to get the FROW look
Mint Mumbai

How to get the FROW look

A guide to help you decode some of the recent celebrity looks all perfect for office, evenings as well as a Valentine's Day date

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3 mins  |
February 03, 2024
Mint Mumbai

Nifty hits record, but charts hint trend may be about to reverse

The benchmark Nifty index hit a fresh record high on Friday but closed sharply lower, suggesting the recent upward trend may be about to reverse in the short term, technical analysts said.

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1 min  |
February 03, 2024
Enterprise sales key to stronger Apple India show
Mint Mumbai

Enterprise sales key to stronger Apple India show

Apple India's overall revenue in FY24 could increase by 70%, powered by a strong double-digit growth in iPhone sales through 2023.

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3 mins  |
February 03, 2024
Is America on the path to a 'lost decade' like Japan?
Mint Mumbai

Is America on the path to a 'lost decade' like Japan?

America's stocks are making new highs and the AU.S. economy looks poised to stick a rarely seen soft landing.

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4 mins  |
February 03, 2024
Byju's says investors have no right to change its leadership
Mint Mumbai

Byju's says investors have no right to change its leadership

Investors of Byju's do not enjoy the right to change the company's chief executive or management under their shareholders' agreement (SHA), the edtech's founders claimed, a day after the investors pushed for a shareholders' meet for this purpose.

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2 mins  |
February 03, 2024
Mint Mumbai

Faking compliance, bad KYC spark RBI fury on Paytm bank

The banking regulator cracked the whip on Paytm Payments Bank after it failed to shape up despite repeated warnings on falsified compliances, irregularities in KYC norms and related party transactions, a person aware of the development said.

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2 mins  |
February 03, 2024
Govt capex engines to keep steady pace
Mint Mumbai

Govt capex engines to keep steady pace

Central capex may remain around 3% of GDP to push growth

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2 mins  |
February 03, 2024
Sony 'pre-determined' end of merger agreement, says ZEE
Mint Mumbai

Sony 'pre-determined' end of merger agreement, says ZEE

Sony Pictures was 'predetermined' to terminate the merger agreement with Zee Entertainment Enterprises Ltd, ZEE has alleged in its petition filed before the National Company Law Tribunal (NCLT).

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1 min  |
February 03, 2024
IndiGo clocks 2,998 cr PAT, beats street
Mint Mumbai

IndiGo clocks 2,998 cr PAT, beats street

InterGlobe Aviation Ltd, which runs India's largest airline IndiGo, clocked awhich runs India's largest airline IndiGo, clocked a profit after tax of ₹2,998.

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2 mins  |
February 03, 2024
TaMo to rebrand its small CVs to claw back mkt share
Mint Mumbai

TaMo to rebrand its small CVs to claw back mkt share

Production sops for auto sector to be key source of funding for co’s EV initiatives next year

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3 mins  |
February 03, 2024
Mint Mumbai

Govt to sell subsidized Bharat Rice from next week

The government will start selling Bharat Rice at ₹29 a kg in the retail market next week to cool prices of the staple foodgrain and provide relief to consumers.

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1 min  |
February 03, 2024
Mint Mumbai

Rosneft CEO in India next week

Russia's largest oil company Rosneft's CEO Igor Sechin is set to visit India next week, said two people in the know.

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1 min  |
February 03, 2024
Govt aims to construct 13,000km highways in FY24
Mint Mumbai

Govt aims to construct 13,000km highways in FY24

The government aims to build 13,000 kilometers (km) of national highways (NH) by the end of March, meaning it would be able to meet about 94% of its target for FY24, a senior government official said.

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2 mins  |
February 03, 2024
New I-T regime needs stability: CBDT chair
Mint Mumbai

New I-T regime needs stability: CBDT chair

A person with income up to 750,000 a year does not have to pay tax now

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2 mins  |
February 03, 2024
'GST revenue to outpace GDP growth till high compliance'
Mint Mumbai

'GST revenue to outpace GDP growth till high compliance'

Goods and Services Tax (GST) revenue collection of central and state governments will continue to grow at a faster pace than nominal GDP growth rate till very high tax compliance level is achieved, after which, the tax on consumption will grow in sync with the rate of economic expansion, Central Board of Indirect Taxes & Customs (CBIC) chairman Sanjay Kumar Agarwal said in an interview.

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2 mins  |
February 03, 2024
JSW Infra's profit more than doubles to ₹251 cr in Oct-Dec
Mint Mumbai

JSW Infra's profit more than doubles to ₹251 cr in Oct-Dec

Private-sector port operator JSW Infrastructure Ltd on Friday said its consolidated net profit more than doubled year-on-year (y-o-y) to 250.66 crore in the December quarter, buoyed by increased cargo volumes and higher tariffs.

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2 mins  |
February 03, 2024
Budget's infra focus gives us confidence: L&T CFO Raman
Mint Mumbai

Budget's infra focus gives us confidence: L&T CFO Raman

The company says that bookings of new infrastructure orders may slow in coming quarters

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3 mins  |
February 03, 2024
Audit found no wrong, says former exec sued by Wipro
Mint Mumbai

Audit found no wrong, says former exec sued by Wipro

Haque has filed a motion to dismiss Wipro’s lawsuit, and called for arbitration instead

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2 mins  |
February 03, 2024