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Mint Hyderabad

Over 700K sellers now on ONDC

Over 700,000 sellers and service providers have been onboarded on Open Network for Digital Commerce (ONDC) so far, the government said on Thursday.

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1 min  |
January 03, 2025
Mint Hyderabad

DMart's Q3 revenue up 18% to ₹15,565 cr

Avenue Supermarts Ltd, which owns and operates retail chain DMart, has reported a 17.5% increase in standalone revenue from operations at ₹15,565.23 crore for the third quarter ended 31 December 2024.

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1 min  |
January 03, 2025
Mint Hyderabad

151 Steel Standards Included in QCO

The government on Thursday said that 151 steel standards formulated by the Bureau of Indian Standards (BIS) have been incorporated in the Quality Control Order (QCO) so far.

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1 min  |
January 03, 2025
Mint Hyderabad

Varun Beverages to invest ₹412 cr in arm

Varun Beverages Ltd (VBL), the leading bottler of PepsiCo, on Thursday announced to invest ₹412 crore in its South African subsidiary Beverage Co. Proprietary (Bevco).

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1 min  |
January 03, 2025
Mint Hyderabad

Tesla Posts 1st Drop in Sales in a Decade

Tesla's global sales rose 2.3% in the fourth quarter after a sluggish start to the year that contributed to the electric car company's first year-over-year sales decline since at least 2015.

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1 min  |
January 03, 2025
Mint Hyderabad

White-collar hiring up 9% in December

White-collar hiring activity in December witnessed a 9% increase compared to the same period of the previous year, driven by high-skill and strategic roles, a report said on Thursday.

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1 min  |
January 03, 2025
Mint Hyderabad

Power demand shoots up amid cold wave across North India

Peak power demand in December remained largely above 200GW and touched a high of 224GW due to increased demand for heating

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1 min  |
January 03, 2025
Mint Hyderabad

Big Retail Gets Bigger as Smaller Players Struggle in the U.S. Market

The Three Big Retailers Spent an Estimated $47 Billion on Capital Expenditures in 2023

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3 mins  |
January 03, 2025
Mint Hyderabad

US Army veteran who killed 15 in attack in New Orleans was inspired by Islamic State

US Army veteran who drove a pickup truck into a crowd of New Year's revellers in New Orleans, killing 15 people, had posted videos to social media hours before the carnage saying he was inspired by the Islamic State group and expressing a desire to kill, the president said.

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3 mins  |
January 03, 2025
Mint Hyderabad

Air India seeks to extend its premium lead over IndiGo

AI plans to expand the business and premium economy offerings to 100 narrow-body aircraft

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2 mins  |
January 03, 2025
Mint Hyderabad

Bollywood actors dabble with niche roles to prove versatility

Top Bollywood stars were quite experimental in their choice of films in 2024, but without much success in their endeavours. They only ended up denting annual box office collections.

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1 min  |
January 03, 2025
Mint Hyderabad

Ex-Maoists Get Capitalist Hug With Lloyd Metals ESOP Issue

Recently, Lloyd looked to share ownership with its blue-collar workforce via stock options

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3 mins  |
January 03, 2025
Mint Hyderabad

Manufacturing PMI at 12-month low casts gloom over growth hopes

FROM PAGE 1

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2 mins  |
January 03, 2025
Mint Hyderabad

Sebi merges probes on Zee, Goenka, Chandra

The capital market regulator clubbed proceedings on Thursday against Zee Entertainment Enterprises Ltd (ZEEL), its chief executive Punit Goenka and former chairman Subhash Chandra over allegations of fund diversion and violation of disclosure requirements.

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1 min  |
January 03, 2025
Mint Hyderabad

BharatPe hires Rothschild to sell stake in Unity SFB

BharatPe turned Ebitda positive in 2024, recording consolidated revenue from ops of ₹1,426 crore in FY24

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1 min  |
January 03, 2025
Mint Hyderabad

Heritage to grow beyond South, boost value-added dairy items

Heritage Foods plans to expand beyond South India, where it draws the bulk of its revenue from, and launch more value-added products as demand for such items grows, a top official of the Hyderabad-based dairy company said.

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1 min  |
January 03, 2025
Mint Hyderabad

Hotels, travel agencies expect hill stations to see a tide of tourists

As the Republic Day weekend nears, executives at The Khyber Himalayan Resort & Spa, 8,825ft above sea level in Jammu and Kashmir's (J&K) Gulmarg, are preparing for a huge rush of tourists.

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2 mins  |
January 03, 2025
Mint Hyderabad

EV players, Goyal to meet today, discuss infra-related issues

The government plans to install 10,763 public charging stations across the country under the FAME-II scheme

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1 min  |
January 03, 2025
Mint Hyderabad

iBus eyes ₹2,000 cr in revenue, bets on digitization of buildings

Bengaluru-based iBus Networks is aiming for a revenue of ₹2,000 crore in the next four to five years, with EBITDA (earnings before interest, taxes, depreciation and amortization) of ₹500 crore, as it looks to become an infrastructure tech company by offering digital solutions for last-mile connectivity.

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1 min  |
January 03, 2025
Mint Hyderabad

Office rentals to rise as demand surges

Mindspace REIT CEO Nair also expects interest rates to ease, paving the way for higher growth

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2 mins  |
January 03, 2025
Mint Hyderabad

M&M, Tata Motors ride EVs to become first to win auto PLI

Govt okays ₹246 crore to be disbursed to the two firms—first since scheme was launched

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2 mins  |
January 03, 2025
Mint Hyderabad

Indo Farm IPO gets subscribed 228x times

The initial public offering (IPO) of Indo Farm Equipment garnered a whopping 227.57 times subscription on the closing day of bidding on Thursday.

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1 min  |
January 03, 2025
Mint Hyderabad

Sebi uncovers front-running case, cracks the whip again on Ketan Parekh

The regulator debarred Parekh from dealing in the securities market till further investigation is completed

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2 mins  |
January 03, 2025
Mint Hyderabad

Market correction gives opportunities to buy, but valuations still high

The market is currently showing some signs of recovery, rebounding roughly 4% from its trough

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2 mins  |
January 03, 2025
Mint Hyderabad

Maruti's small cars revving again

Mighty mite Maruti Suzuki's domestic small car sales revived in December, leading to first monthly year-on-year growth in FY25

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2 mins  |
January 03, 2025
Mint Hyderabad

Rupee expected to further weaken vs dollar in coming months

The rupee is expected to further weaken in the coming months as Trump's presidency strengthens the dollar, at least in the near term, experts said, adding that the central bank's interventions in the currency market are likely to ease.

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2 mins  |
January 03, 2025
Mint Hyderabad

Nvidia's Market Value Gets $2 Trillion AI Boost in '24

Nvidia emerged as the biggest global gainer in market capitalization for 2024, driven by surging interest in artificial intelligence (AI) and the robust demand for its AI-centric chips across various industries.

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1 min  |
January 03, 2025
Mint Hyderabad

Zaggle Eyes Three Acquisitions by Mar '26 to Fuel Growth

Zaggle Prepaid Ocean Services Ltd has zeroed in on three acquisition targets, a top executive told VCCircle, as the software-as-a-service fintech company looks to accelerate business growth after going public in late 2023.

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2 mins  |
January 03, 2025
Mint Hyderabad

Transactions via UPI up 8% in Dec: NPCI

Transactions through the popular Unified Payments Interface (UPI) touched a record 16.73 billion in December, recording a growth of 8% over the preceding month, according to data released by the National Payments Corporation of India (NPCI).

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1 min  |
January 03, 2025
Mint Hyderabad

CCI's Apple Probe Confirms Anti-Competitive Practices

CCI will share the confidential version of its report with Apple to enable them to prepare

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2 mins  |
January 03, 2025