CATEGORIES

Foxconn scraps hiring bias in India after probe

Apple supplier Foxconn has ordered the hiring agents that help recruit iPhone assembly workers in India to remove age, gender and marital criteria as well as the manufacturer's name in job advertisements, according to three people familiar with the matter and almost a dozen ads reviewed by Reuters.

OTTs chase star-led box office flops

Audiences have rejected star films that didn't deliver on content and no longer flock to cinema halls for popular faces

Proxy firms against Goenka's reappointment as Zee chief

Failure to conclude Sony merger, fall in profits, governance issues among reasons cited

M&S scales back India home decor biz

British retailer Marks and Spencer is scaling back its home decor business in India, removing home linen, home decor, and dinnerware from store shelves, as it prioritizes core categories, including apparel.

CCI slaps ₹213 cr fine on Meta over WhatsApp policy

India's competition watchdog on Monday imposed a ₹213-crore penalty on Meta for abusing its dominant position as the 2021 privacy policy update of its massaging app WhatsApp undermined users' ability to opt out of getting their data shared with the group's social media platform Facebook.

Polymatech eyes $300-mn global buyouts

The chip manufacturer is expected to close two acquisitions within the next few months in the US and France

Centre advances EV 3-wheeler subsidies

Govt fast-tracks PM E-Drive subsidies for FY25 to meet surging demand

Kalyan is shining but pricey

Shares of Kalyan Jewellers India Ltd are down 5% since its September quarter (Q2FY25) results were out on Wednesday during market hours.

Nykaa's beauty business glows but margin stays a sore spot

The September quarter (Q2FY25) results of FSN E-commerce Ventures Ltd, the parent of Nykaa, showcased robust growth in the beauty business, while fashion was sluggish—mirroring a trend seen in the previous few quarters.

NTPC plans ₹5 tn renewable energy spending by 2030

The investments would be made under NTPC Green Energy, which will launch its ₹10,000 crore IPO today

BlackBuck's early backers to reap 2-5x gains in IPO

The ₹1,114.72 crore IPO of the online trucking platform was fully subscribed on Monday at 1.2 times

Honasa scrip falls on Mamaearth sales dip

Emkay Global has halved parent Honasa's share target price to ₹300

HealthKart completes $153 million secondary fundraise

Fitness supplement brand HealthKart announced a $153 million secondary funding round led by investors ChrysCapital and Motilal Oswal Alternates, as well as a buyback of employee stock options worth ₹55 crore.

Geniemode looking to raise ₹500 crore

Tiger Global-backed Genie-mode is looking to raise about ₹500 crore from new and existing investors in a mix of primary and secondary transactions, three people familiar with the matter told Mint.

Will exceed direct tax collection target for this fiscal

The government expects to exceed its ₹22 trillion direct tax collection target for this financial year, going by the current trend in tax receipts, Central Board of Direct Taxes (CBDT) chairperson Ravi Agarwal said on Monday.

Govt may widen eligible age for PM internship scheme

According to early talks, the age criterion is likely to be widened from 21-24 currently, to 18-25

Sep workforce participation rises in urban areas

For males, the jobless rate fell from 6.0% to 5.7%, while for females, it dropped from 8.6% to 8.4%

Electronics among top Apr-Oct exports

India's merchandise exports continued their upward trajectory during April-October, with 21 of the top 30 sectors registering growth in value terms, buoyed by rising global demand for Indian goods.

Three neighbouring countries show interest in Gati Shakti

A little over three years since its 2021 launch, PM Gati Shakti may soon go global with as many as three neighbouring countries showing an interest in the platform and the government planning to showcase the technology in Europe and the US.

FM makes a case for cheaper bank loans

Piyush Goyal earlier asked to skip food prices in rate decisions

Delhi stares at more dusty days as strict curbs set in

After imposing the toughest curbs after pollution levels shot through the roof, the national capital is left with few options, as weather predictions pointed to more dusty days ahead.

Quick Edit: The market's green role

The world needs to bend its rising curve of carbon emissions, a goal that's proving elusive. Adding to the challenge, US climate policy is likely to flip back into neglect mode next year.

Growth shouldn't suffer for want of a market fix

Packaged food companies should drive a food-processing revolution and run a campaign for substitution of fresh-veggie demand. It'll crush price volatility and open up space for rate cuts

We should reform import tariffs to boost Make in India!

Tariff reforms to resolve duty inversions can arrest the 'cost competitiveness leak' of Indian manufacturing

Trying to quantify everything may worsen human decisions

'Quantification fixation' is real—and we should learn to resist it

Hope has sprung anew amid the thick haze hovering over COP-29

The climate summit has seen rules being ratified for a carbon market, progress on finance and high corporate participation

Trump's return is set to send the world scouting for fresh options

His confrontational stand on issues will ruffle feathers and make nations review their alignments

Why national pride has not helped clean up Delhi's air

A sense of shame was expected to get it done. That hasn't worked. Do we lack the will and talent?

SEBI CAN DO MORE TO DISSUADE RETAIL F&O SPECULATION

A recent Securities and Exchange Board of India (Sebi) report highlighted the significant losses individual traders have incurred in the equity futures and options (F&O) segment between FY22 and FY24.

Is filing ITR in old regime still valid?

I am with the Indian Army. Until last year, we received Form 16 under the old tax regime, including allowances such as HRA, travel and uniform.