CATEGORIES
Zydus Life reports strong Q2 growth
Zydus Lifesciences Ltd announced strong double-digit growth in line with estimates, on the back of sustained growth across its key businesses, in its consolidated financial results for the September quarter on Tuesday.
Mondelez FY24 net profit up 72%
Confectionery major Mondelez India Foods Pvt. Ltd posted a 71.85% increase in profit to ₹2,020.87 crore in FY24, according to the RoC filing from the beverages major.
DBS's next India CEO is Rajat Verma
DBS's India unit has nominated its head of institutional banking, Rajat Verma, to be the bank's new chief executive officer, two people familiar with the matter said.
Air India Express to reconfigure planes
Air India Express plans to start reconfiguration of planes having business class seats from April 2025, as the airline focuses on operating narrow-body planes with only economy class seats, according to a senior official.
Wilson & Hughes buys Cox & Kings
Wilson & Hughes, a Singapore-based private equity firm, has acquired the 260-year-old travel brand Cox & Kings through the insolvency process.
UK reiterates support for India's permanent UNSC seat
The UK has reiterated its support for permanent membership for India in the United Nations Security Council (UNSC) as part of an expansion of the international panel to ensure it can continue to rise to the pressing challenges faced by the world.
JSW Defence to tie up with US firm
JSW Defence on Tuesday announced a strategic partnership with a US firm to indigenise and manufacture its 'V-BAT', an Unmanned Aerial System (UAS), and said the collaboration marks a significant step in boosting India's defence capabilities by bringing in world-class UAS technology to the country.
Sebi simplifies FPI registration
To facilitate ease of onboarding of Foreign Portfolio Investors (FPIs) and reduce duplication of information, the Securities and Exchange Board of India (Sebi) on Tuesday said applicants can choose to fill either the entire Common Application Form (CAF) or an abridged version with unique fields.
Advent-backed firms get IPO nod
Advent International-backed Manjushree Technopack and Inventurus Knowledge Solutions Ltd, which provides healthcare support services, have received go-ahead from the Securities and Exchange Board of India (Sebi) to float initial public offerings (IPOs).
Loyalty is common thread as Trump fills foreign policy, immigration jobs
Trump settles on Republican lawmakers for key national security posts, hoping to avoid infighting that frustrated him in his first term
COP29 agrees to set up carbon market post decision on Day 1
India committed to reduce emissions intensity by 45% by 2030, create carbon sink of 2.5 to 3 billion tonnes of additional forests
Shell wins appeal against landmark carbon-emissions ruling
The court had asked the oil-and-gas giant to cut its carbon emissions by 45% by the end of 2030 from 2019 levels
The Outsider trying to restore Citi to investment-banking glory
Vis Raghavan wants his dealmakers to advise on and finance more private-equity deals
AI-enabled solutions help Siemens improve margin: Global CTO
The company is also working on developing large language model-based interface for industrial solutions
Yuvraj changes investment gear
Like in cricket, Yuvraj Singh has seen setbacks in his investment journey as well.
'Starlink must resolve issues'
Govt open to offering satellite broadband licence to Musk's firm, but awaits security assurances, says Scindia
Tamil cinema eyes Hindi belt as 'Kanguva' leads a new wave
After years of focusing on core southern markets, Tamil cinema is making significant strides to capture Hindi-speaking audiences.
How a US tech firm turned bigger than some Indian IT cos
EPAM's business had nearly come to a standstill due to the Russia-Ukraine conflict that began in February 2022
Mystery behind YouTube's finfluencer video takedown
Platform cites complaints from a 'govt entity', drawing criticism from creators and analysts
BCCI seeks to withdraw plea on Byju's insolvency
The Board of Control for Cricket in India (BCCI) on Tuesday sought an urgent hearing for its plea to withdraw an insolvency case against edtech firm Byju's.
See huge opportunity in courier aggregation business
There is a massive opportunity in courier aggregation as e-commerce is evolving fast and has sufficient headroom for growth in the coming years, Kapil Makhija, managing director and chief executive officer of listed e-commerce SaaS platform Unicommerce, told Mint, shortly after announcing the acquisition of courier aggregation and automation platform Shipway.
SoftBank swings to profit on India IPO boost
The firm earned a net income of ¥1.18 trillion in the Sept quarter, compared with a net loss of ¥931 billion last year
Bain & Co aims to triple India biz in 5 yrs
Bain and Co. is looking to triple its India business over the next five years given the country's growing potential in a post-global world, a top executive at the American consultancy said.
Hyundai Motor India profit drops 16% in Q2
The automaker's revenue slips 7.5% to ₹17,260.38 cr from ₹18,659.69 cr
StanChart looks to raise wealth management game in India
UK-based Standard Chartered Bank is looking to up its wealth management play in India, hiring more relationship managers and giving a facelift to several branches in a market that has recently attracted strong interest from global and domestic money managers.
NTPC Green Energy seeks $12 billion valuation in IPO
NTPC Green Energy Ltd is considering seeking a valuation of about $12 billion in what could be one of India's biggest initial public offerings in the renewable energy industry, according to people familiar with the matter.
Bitcoin blazes toward $90,000
The largest token has jumped about 32% since the US election on 5 Nov, hitting an all-time high of $89,599 on Tuesday
Faster deliveries won't strain profit
Beauty e-retailer Nykaa is pushing for faster order deliveries while side-stepping heavy capital outlays that could strain its bottom line, CEO for beauty e-commerce Anchit Nayar told analysts Tuesday after Nykaa's Q2 earnings results.
Devyani adds fresh brands to menu to beat demand blues
Devyani International Ltd continues to battle weak consumption demand, especially in urban areas.
Nifty, Sensex hit a low. What depths will the dip plumb?
Nifty 50 plunged to its lowest point in over four months, and the Sensex marked a three-month low On Tuesday