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Mint Ahmedabad

BlackRock Hits $11.6 Trillion in Assets After Record Fund Inflow

It hauled in annual record of $641 bn in client cash BLOOMBERG

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1 min  |
January 16, 2025
Mint Ahmedabad

India's trade deficit declines to $21.94 bn in December

The cumulative value of merchandise exports for April-December 2024 stood at $321.71 bn

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2 mins  |
January 16, 2025
Mint Ahmedabad

Jio Finance in talks for first debt sale

Jio Finance Ltd, a shadow lender owned by Mukesh Ambani, is in talks with several lenders to make its first foray into the local currency debt market, according to people familiar with the matter.

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1 min  |
January 16, 2025
Mint Ahmedabad

DGCA Heat on Akasa Air for Lapses

The DGCA has now issued two warning letters to Akasa Air in less than a week.

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1 min  |
January 16, 2025
Mint Ahmedabad

We must celebrate the warships joining our naval fleet

The INS Nilgiri, Surat and Vagsheer demonstrate India's progress in indigenous shipbuilding

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3 mins  |
January 16, 2025
Mint Ahmedabad

Market in 2025 will be a story of 2 halves: Gupta of Axis MF

This year, we are coming on the back of four-five years of very strong gains in the market Ashish Gupta Chief investment officer of Axis AMC

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2 mins  |
January 16, 2025
Mint Ahmedabad

The H-1B visa programme serves US interests—and India's as well

America's brouhaha over Indian techies is misguided. Skilled worker immigration is vital to the US tech industry's success

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4 mins  |
January 16, 2025
Mint Ahmedabad

ITC Hotels eyes overseas expansion

ITC plans to expand its hotel business internationally, beginning with neighboring countries and West Asia, its chairman and managing director Sanjiv Puri said.

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1 min  |
January 16, 2025
Mint Ahmedabad

Farmer Protests 2.0: Is There an End in Sight?

Farmers from Punjab want a legal backing for minimum support prices. Their protest is now 11 months old

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8 mins  |
January 16, 2025
Mint Ahmedabad

Green investments to rise 5x to ₹31 tn until 2030: Crisil

India will see a five-fold growth in green investments to ₹31 trillion between 2025 and 2030, Crisil said during its India Infrastructure Conclave 2025 on Wednesday.

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1 min  |
January 16, 2025
Mint Ahmedabad

Mankind Pharma faces ₹2 cr penalty

Mankind Pharma Ltd on Wednesday said it has been imposed a goods and services tax (GST)-related penalty of over ₹2 crore by the tax authority in Kolkata over alleged mismatch in figures for the period of FY18 to FY22.

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1 min  |
January 16, 2025
Mint Ahmedabad

Swiggy gets a new sports subsidiary

Foodtech firm Swiggy has received approval from the ministry of corporate affairs (MCA) to incorporate a wholly-owned subsidiary, Swiggy Sports Pvt. Ltd, to enter the sports and recreational activities segment, it said in a stock exchange filing on Wednesday.

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1 min  |
January 16, 2025
Mint Ahmedabad

India's earnings growth mojo over EM peers is on the wane

Losing edge The gap between Nifty50's profit growth over emerging market peers has converged.

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1 min  |
January 16, 2025
Mint Ahmedabad

Investors line up for Excitel investment

Alliance Broadband Services Pvt are prominent players by user experience in top Indian cities, according to a January report by mobile network analytics firm Opensignal.

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1 min  |
January 16, 2025
Mint Ahmedabad

CEAT Q3 profit falls 46.48% to ₹97.03 cr

Tyre maker CEAT Ltd on Wednesday reported a 46.48% decline in consolidated net profit to ₹97.03 crore for the third quarter ended 31 December, impacted by high raw materials costs.

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1 min  |
January 16, 2025
Mint Ahmedabad

South Korea's Impeached President Is Arrested Over Martial-Law Move

South Korean authorities arrested and detained for questioning the country's impeached president, Yoon Suk Yeol, deepening the fallout from his short-lived declaration of martial law last month.

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3 mins  |
January 16, 2025
Mint Ahmedabad

IBC to establish giga factory in Bengaluru

Lithium-ion batteries manufacturer the International Battery Co. (IBC) is set to commence production at its 'giga factory unit' in Bengaluru within nine months, Karnataka minister for large and medium industries M.B. Patil said on Wednesday.

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1 min  |
January 16, 2025
Mint Ahmedabad

Can gifting assets to family members help save taxes?

Key insights on the taxation rules behind family asset transfers and clubbing of income

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3 mins  |
January 16, 2025
Mint Ahmedabad

Maha Kumbh Mela a boon for travel industry

a 65% rise in flight bookings to Prayagraj and a doubling of the average airfare, he added.

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1 min  |
January 16, 2025
Mint Ahmedabad

SEC Sues Musk Over Twitter Stock Buys, Escalating Long-Simmering Feud

The lawsuit comes after a long investigation that Musk sometimes delayed

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4 mins  |
January 16, 2025
Mint Ahmedabad

Commerce ministry to bring SOP for data after gold fiasco

The commerce ministry is preparing a standard operating procedure (SOP) for data collection to address discrepancies in import data, a top government official said, after a mismatch in gold import figures reportedly embarrassed the government.

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1 min  |
January 16, 2025
Mint Ahmedabad

Valor, Adani Set to Deliver BKC Project

Valor Estate Ltd, formerly known as DB Realty, is set to complete Ten BKC, a sprawling five-acre redevelopment project, near Mumbai's Bandra Kurla Complex (BKC), one of the city's prime corporate districts.

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1 min  |
January 16, 2025
Mint Ahmedabad

Pixxel, Digantara launch satellites

Two Indian space startups—Pixxel and Digantara—on Wednesday announced the launch of their satellites onboard a SpaceX rocket to closely monitor the earth and objects orbiting around it, marking a new era for the private firms in the space sector.

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1 min  |
January 16, 2025
Mint Ahmedabad

Our economy seems to have gotten even more K-shaped

India's middle class might actually be shrinking while disparities turn more glaring than ever

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3 mins  |
January 16, 2025
Mint Ahmedabad

Railways May See Best Operating Ratio in Five Years in FY26

freight) may raise Railways' internal revenue generation in FY26 to over ₹5,000 crore, bringing operating ratio below 98%. In FY25, internal revenue generation is expected to remain flat at ₹3,000 crore.

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2 mins  |
January 16, 2025
Mint Ahmedabad

India's Rising Consumer Base to Boost PE Investment in '25'

Investors are reviving their bets on India's high-growth sectors, says KPMG's Nitish Poddar

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3 mins  |
January 16, 2025
Mint Ahmedabad

These New Year resolutions will boost your investment portfolio

Assess your asset allocation as well as net worth, diversify, manage risk and start investing now

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4 mins  |
January 16, 2025
Mint Ahmedabad

Isro's space docking is key, whether successful or not

Valuable data to help future missions; at stake is a seat at the table with US, Russia, China

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3 mins  |
January 16, 2025
Mint Ahmedabad

Split up or not? There is no off-the-shelf answer

ITC gave in to shareholder pressure and hived off its hotels business. But many conglomerates have successfully shrugged off persistent investor calls to focus only on their 'core competence'

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2 mins  |
January 16, 2025
Mint Ahmedabad

Bollywood Set for Overkill as 50 Sequels Lined Up Over 2 Yrs

Experts say that there is a strong sentiment from theatre owners and distributors for sequels and franchise films

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2 mins  |
January 16, 2025