Mint Mumbai - August 09, 2023
Mint Mumbai - August 09, 2023
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August 09, 2023
Cos can move NCLT to lift veil on hidden beneficial owners
Companies can approach the National Company Law Tribunal (NCLT) to force disclosures from an individual suspected of significant beneficial ownership, or 10% of a company, but hidden behind layers of legal entities, the ministry of corporate affairs (MCA) said.
2 mins
Rural loans, small biz see stress rising
Uneven rainfall, higher interest rates take a toll on borrowers
3 mins
Carlyle to buy 30% of Quest Global for $500 mn
Private equity (PE) giant Carlyle has agreed to acquire a significant minority stake in engineering services firm Quest Global, the two companies said on Tuesday.
2 mins
Centre weighs resuming rice supplies to ethanol makers
Move comes amid worries that the government may fail to reach its ethanol blending target
2 mins
Loading delays at Mundra port are affecting trade, truckers complain
An association of over 15,000 truckers has written to the Centre seeking an end to delays in the allotment of containers that is pushing up the cost of the logistics at Mundra, India's largest container port.
2 mins
Kerala hospital in talks with PE cos
It is looking to raise ₹500 cr to fund its expansion plans
2 mins
Pepperfry co-founder Murty dies of cardiac arrest in Leh
Ambareesh Murty, 51, who passed away late Monday evening in Leh after suffering a cardiac arrest, was remembered as a key architect, mentor and resilient leader of furniture startup Pepperfry.
1 min
Tata Power plans pumped storage projects for ₹13K cr
Tata Power, the energy generation and distribution arm of the $300 billion Tata Group, has partnered with the Maharashtra government to establish two pumped hydro storage projects (PSPs) in the state, with a combined capacity of 2,800 MW.
1 min
Maruti to buy Suzuki plant in Gujarat with shares, not cash
Issue of new shares for car plant will lead to equity dilution of around 4% for Maruti Suzuki
3 mins
Astral Spirits aims to launch new brands in India
Astral Alcobev Pvt. Ltd, the importer of bottled-in-origin Slovakian ‘Skull X’ vodka and Italy-made ‘Skinny Witch’ prosecco brands, is looking to produce two new variants of its spirits now in India.
2 mins
Hindalco Q1 profit falls 40% on lower revenue
Company expects raw material costs to fall further; capex plans on track
2 mins
'EESL may take legal action to recover street light dues'
State-run Energy Efficiency Services Ltd (EESL) is exploring various options, including legal action, to recover dues from urban local bodies (ULBs) across states under the Street Lighting National Programme (SLNP).
3 mins
SoftBank sees $3.3-bn shock 1st-quarter loss
The firm saw share prices of major holdings drop, amid weakening of yen
1 min
THE ESSENCE OF DIVERSIFICATION AND HOW IT HELPS YOUR INVESTMENT PORTFOLIO
We know that investors should not keep all their eggs in one basket. Instead, they should ensure that the portfolio is properly diversified. The rationale behind this goes a little deeper than just keeping the eggs in different baskets. Let us scratch the surface.
3 mins
It's time to double down on our digital expansion
India's internet coverage has expanded and successes been noted but we still have plenty of catching up to do with the rest of the world for our ambitions of a digital economy to be met
2 mins
Will our new investment cycle be Keynesian or Schumpeterian?
Whether it's old industries or new that will see asset creation matters because their ideal supportive policy frameworks differ
4 mins
Women's Football World Cup: A tournament of equals
As Brazil and USA crash out, while Jamaica and Colombia succeed, the women's football world order is changing
4 mins
India's bullseye at the World Archery Championships
Against the odds, India's archers broke through to claim three golds in Berlin. In an exclusive, the champions tell Mint how they did it
5 mins
Mint Mumbai Newspaper Description:
Utgiver: HT Digital Streams Ltd.
Kategori: Newspaper
Språk: English
Frekvens: Daily
The business newspaper “Mint” published by one of the leading media houses of India, Hindustan Times, in association with Wall Street Journal. It aims to connect India to the world and the world to India in terms of business, economy, regulation and policies...
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