CATEGORIES

Mint New Delhi

Senores Pharma eyes US injectables market

Newly-listed Senores Pharmaceuticals aims to set up a new facility in the US to make injectables, and eyes a larger pie of government contracts and controlled substance orders through partnerships with larger drugmakers in the country, a top company official said.

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2 mins  |
January 14, 2025
Mint New Delhi

Everyone frets over e-comm too much; we don't: DMart's Noronha

Over time e-comm should be seen as an ally to the brick-and-mortar business, especially in metros Neville Noronha MD and CEO, Avenue Supermarts

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4 mins  |
January 14, 2025
Mint New Delhi

New-age hotels go light to take on biggies

Brij Hospitality will look to develop its corporate team and build its portfolio further from 8 to 25 hotels in the next 2 years

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2 mins  |
January 14, 2025
Mint New Delhi

Religare independent directors in favour of Burmans' open offer

The RBI, which has oversight on Religare Finvest, on 9 December approved the Burman acquisition

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2 mins  |
January 14, 2025
Mint New Delhi

EU-Style Consumer Goods Quality Testing in the Works

Govt mulls stricter quality norms for consumer products, aligning with developed nations

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2 mins  |
January 14, 2025
Mint New Delhi

RBI Eases Rupee Drought With Forex Swaps Worth $3 Billion

RBI's Recent Sales Of The Currency Complicate Its Efforts To Support The Rupee, Which Is Under Pressure

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2 mins  |
January 14, 2025
Mint New Delhi

DMart: Eyes on margin, new CEO

The Avenue Supermarts Ltd stock is back to square one.

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2 mins  |
January 14, 2025
Mint New Delhi

After Q3 surge in the north, can cement prices rise more?

After a lull, trade cement prices at an all-India level are gradually climbing in the recent months.

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1 min  |
January 14, 2025
Mint New Delhi

Investors Pin Hopes on Earnings Season to Revive Faltering Stock Market Rally

The postelection stock rally has sputtered. Investors are looking to the coming earnings season to revive it.

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3 mins  |
January 14, 2025
Mint New Delhi

HCLTech's Q3 revenue up 2.6%, beating estimates, Americas lead

CL Technologies Ltd beat analyst estimates with a higher-than-expected revenue of $3.53 billion for the third quarter, up 2.6% sequentially, driven by strong sales from clients in the Americas, which account for about two-thirds of its revenue.

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2 mins  |
January 14, 2025
Mint New Delhi

WeWork India raises ₹500 cr via rights issue

Co-working major WeWork India on Monday said it has raised ₹500 crore through rights issue mainly to reduce debt and achieve further growth.

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1 min  |
January 14, 2025
Mint New Delhi

PUBG developer eyes spending spree in search of more hits

Krafton Inc., the developer of hit title PUBG: Battlegrounds, plans to spend more than 200 billion won ($136 million) this year to invest in over a dozen promising game studios, underscoring its ambition to become a global force in publishing.

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1 min  |
January 14, 2025
Mint New Delhi

Podcast sector rides video, but monetization an issue

Podcasts are no longer restricted by genre, and YouTube has made everyone an audience, experts say

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2 mins  |
January 14, 2025
Mint New Delhi

AI, GenAI Are Transforming Robotics, Says ABB's Atiya

ABB Has Also Piloted Systems Where Robots Respond To Natural Language Commands

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2 mins  |
January 14, 2025
Mint New Delhi

PAG acquires majority stake in Pravesha for $200 mn

Asia-Pacific-focused private equity firm PAG has acquired a majority stake in Pravesha Industries Pvt. Ltd for $200 million, according to a person familiar with the transaction.

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1 min  |
January 14, 2025
Mint New Delhi

FY26 fiscal deficit may be 4.4-4.6% of GDP, says report

The government targets a fiscal deficit of 4.9% in FY25 and below 4.5% in FY26

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1 min  |
January 14, 2025
Mint New Delhi

Retail inflation at lowest in 4 months, food prices ease

The CPI rose 5.22% in December, down from 5.48% in November and 5.69% a year ago

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2 mins  |
January 14, 2025
Mint New Delhi

India's net direct tax collection swells 16% in FY25

Strong growth in tax collection from both personal and corporate income helped the Central government to collect ₹16.9 trillion in direct tax revenue so far this financial year after adjusting for tax refunds, official data showed on Monday.

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1 min  |
January 14, 2025
Mint New Delhi

More workers are prioritizing mental health and some firms are adapting and offering holidays for staff to rest. But is it enough?

Last month, home beauty services start-up YesMadam, in a social media post, announced the layoff of 100 employees who confessed to \"being stressed\" in an internal survey.

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4 mins  |
January 13, 2025
Mint New Delhi

How employees can thrive in a chaotic workplace

From embracing procrastination to more silence, a paradoxical mindset can help one thrive in a 'BANI' world

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3 mins  |
January 13, 2025
Mint New Delhi

Warren Buffett prepares his middle child for the job of a lifetime

At Berkshire, Buffett has long said he wants his middle child, Howie, to succeed him as non-executive chairman

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9 mins  |
January 13, 2025
Mint New Delhi

TikTok's founder Zhang has a formula for everything. Can it crack the Supreme Court?

As the court weighs a ban on the video-sharing app in the US, no one has more to lose than Zhang Yiming

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5 mins  |
January 13, 2025
Mint New Delhi

A bond selloff is rocking the world. You might want to take the other side.

Wall Street is really worried about bonds. It might be time to buy some.

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3 mins  |
January 13, 2025
Mint New Delhi

Adani to invest in Chhattisgarh biz

Industrialist Gautam Adani on Sunday called on Chhattisgarh chief minister Vishnu Deo Sai and announced an investment of ₹65,000 crore in the Adani Group's energy and cement projects in the state, officials said.

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1 min  |
January 13, 2025
Mint New Delhi

IBREL-Embassy merger approved

In a major relief to Indiabulls Real Estate (IBREL) and Embassy Group, the appellate tribunal National Company Law Appellate Tribunal (NCLAT) has sanctioned the scheme of amalgamation to merge both the real estate firms after setting aside the National Company Law Tribunal (NCLT) order stalling the process.

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1 min  |
January 13, 2025
Mint New Delhi

India's Coal Imports Rise 2% in Apr-Nov

India's coal imports rose 2% to 182.02 million tonnes in the April-November period of the current fiscal year.

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1 min  |
January 13, 2025
Mint New Delhi

AIFs seek specific funds from govt

Alternate investment funds (AIFs) have sought from the government specific funds for investments in new-age, sunrise and deep-tech startups with a view to promote innovation in the country, an official said.

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1 min  |
January 13, 2025
Mint New Delhi

NFRA Plans Papers for Interactions

To enhance the quality and the level of interactions between auditors and companies’ audit committees, National Financial Reporting Authority (NFRA) chief Ajay Bhushan Prasad Pandey has said the watchdog plans to come out with six to seven papers having sets of questions that will cover various aspects of statutory audits.

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1 min  |
January 13, 2025
Mint New Delhi

SpaDeX: Isro brings satellites within 3 metres in trial attempt

Indian Space Research Organisation (Isro) on Sunday said the two satellites launched to perform space docking experiments were brought within three metres and then moved safely back in a trial attempt.

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1 min  |
January 13, 2025
Mint New Delhi

IBA seeks tax sops for biogas in budget

Indian Biogas Association (IBA) has urged the finance ministry to create blanket corporate tax holidays for compressed biogas (CBG) production in the forthcoming General Budget to attract investment in the sector to promote this renewable energy source.

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1 min  |
January 13, 2025