CATEGORIES

The biggest risk in markets is always one you can't see: Samir Arora
Mint Mumbai

The biggest risk in markets is always one you can't see: Samir Arora

Uncertainty around the upcoming assembly elections, high-interest rates globally and a war in West Asia might have an immediate bearing on market prospects, but these issues won’t matter in the medium or long term, says market veteran Samir Arora, founder of Helios Capital, whose maiden equity fund is open for subscription.

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2 mins  |
October 30, 2023
Amplus, PE fund set up Hexa Climate Solutions
Mint Mumbai

Amplus, PE fund set up Hexa Climate Solutions

PE fund I Squared Capital to invest $500 mn in climate solutions platform

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2 mins  |
October 30, 2023
Govt plans to set up real-time agri supply-demand model to predict prices
Mint Mumbai

Govt plans to set up real-time agri supply-demand model to predict prices

The government is planning to create a real-time supply and demand model for select agricultural commodities that will help it plan and evaluate policy for a volatile market. The \"mathematical model\" will use dynamic and real-time data from high-frequency indicators and historical trends, said a government official requesting anonymity.

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2 mins  |
October 30, 2023
Slower GDP growth may hit spending
Mint Mumbai

Slower GDP growth may hit spending

The total spending estimate for FY24 is ₹45 tn, close to a third of which is effective capital expenditure

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2 mins  |
October 30, 2023
'End-of-year deadline for India-EU FTA is unrealistic'
Mint Mumbai

'End-of-year deadline for India-EU FTA is unrealistic'

An end of year deadline for a free trade deal between India and the European Union is unrealistic, the 27-nation grouping’s Ambassador to India, Hervé Delphin, said in an interview.

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3 mins  |
October 30, 2023
NHAI's InvIT to raise ₹9,000 cr
Mint Mumbai

NHAI's InvIT to raise ₹9,000 cr

The fundraising may have equal debt and equity components, with debt coming from bank loans and the sale of NCDs

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3 mins  |
October 30, 2023
Govt may ask PSUs to pay higher dividends
Mint Mumbai

Govt may ask PSUs to pay higher dividends

The government may demand higher dividend payouts from state-run companies should it miss revenue targets because of sluggish tax collections or lower-than-expected asset sale proceeds, two people familiar with the matter said.

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2 mins  |
October 30, 2023
Gentari, GIC set to invest $1.75 billion in AM Green unit
Mint Mumbai

Gentari, GIC set to invest $1.75 billion in AM Green unit

Petronas set up Gentari to accelerate the adoption of clean energy and build 40GW of clean energy capacity

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2 mins  |
October 30, 2023
Headcount at IT cos sees 1st fall in 25 yrs
Mint Mumbai

Headcount at IT cos sees 1st fall in 25 yrs

Workforce shrinks at 9 of top 10 IT firms as clients cut spending

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2 mins  |
October 30, 2023
Maruti Suzuki profit soars on chip supply relief, cost savings
Mint Mumbai

Maruti Suzuki profit soars on chip supply relief, cost savings

Maruti Suzuki India Ltd reported an 80% surge in quarterly profit, beating analysts' estimates, as the country's largest carmaker benefited from improved semiconductor supply, leading to higher car sales, and cost savings due to cooling raw material prices.

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2 mins  |
October 28, 2023
Tata to become first India iPhone maker with Wistron deal
Mint Mumbai

Tata to become first India iPhone maker with Wistron deal

Tata Group is set to seal a deal to become India's first homegrown iPhone maker, after Wistron Corp. agreed to sell a plant in the southern part of the country to the conglomerate.

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1 min  |
October 28, 2023
China's ex-premier, reformer Li Keqiang dies of heart attack
Mint Mumbai

China's ex-premier, reformer Li Keqiang dies of heart attack

China's former Premier Li Keqiang, who gained a reputation as a reformer but later found himself sidelined by President Xi Jinping, died of a heart attack just months after stepping down as the nation's No. 2 official. He was 68.

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2 mins  |
October 28, 2023
Adani Group introduces charges for private jets
Mint Mumbai

Adani Group introduces charges for private jets

Despite a warning by the airport tariff regulator on unapproved tariff, the Adani Group has introduced ‘general aviation charges’ for private jet operators at six of its airports, two people familiar with the development said.

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2 mins  |
October 28, 2023
'National security can justify higher tariffs'
Mint Mumbai

'National security can justify higher tariffs'

India can raise import tariffs after securing intermediates supply: Virmani

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2 mins  |
October 28, 2023
Rural road construction surpasses FY24 targets
Mint Mumbai

Rural road construction surpasses FY24 targets

Road construction hit the 12,000km mark in first six months of the fiscal

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2 mins  |
October 28, 2023
Taj Hotel parent posts 37% rise in Q2 profit, revenue up 18%
Mint Mumbai

Taj Hotel parent posts 37% rise in Q2 profit, revenue up 18%

The Indian Hotels Co. Ltd. which operates the Taj brand of hotels besides. SeleQtions, Vivanta and Ginger Hotels, reposted a consolidated net profit of ₹167 crore in the September quarter, up 37% from a year earlier. Its revenue grew 18% to 1,481 crore, while consolidated earnings before interest, taxes, depreciation and amortization (ebitda) was up 26% to ₹402 crore.

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1 min  |
October 28, 2023
Mint Mumbai

Swan pays ₹231 cr for Reliance Naval

Swan Energy Ltd, the successful resolution applicant through its SPV Hazel Infra has paid ₹231.42 crore towards the upfront payment for cash-strapped Reliance Naval & Engineering.

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1 min  |
October 28, 2023
Cipla net soars 43% on growth in India, other key markets
Mint Mumbai

Cipla net soars 43% on growth in India, other key markets

The firm reported better performance in branded prescription and trade generics business

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2 mins  |
October 28, 2023
Jio, OneWeb aim for satellite broadband market in India
Mint Mumbai

Jio, OneWeb aim for satellite broadband market in India

Jio, Vodafone seek auctions for airwave allocation, and Airtel wants non-auction allocation

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2 mins  |
October 28, 2023
The introvert's guide to hosting
Mint Mumbai

The introvert's guide to hosting

There is joy in bringing people together. The real thing to guard against is the feeling of being overwhelmed, exhausted or overstimulated

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2 mins  |
October 28, 2023
Prep the most talked-about table
Mint Mumbai

Prep the most talked-about table

Bespoke catering for intimate gatherings focuses on clean eating, restaurant-style dining and a touch of drama for an unforgettable experience

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5 mins  |
October 28, 2023
Napa Valley's big little disruptor
Mint Mumbai

Napa Valley's big little disruptor

In the perfectly ordered landscape of Napa Valley, the quirky Tank Garage winery is shaking up the status quo

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5 mins  |
October 28, 2023
DON'T SCRAP THAT PEEL, MAKE A DISH
Mint Mumbai

DON'T SCRAP THAT PEEL, MAKE A DISH

Arina Suchde's 'NoWaste Kitchen Cookbook' offers practical suggestions and tips for a zerowaste food journey

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3 mins  |
October 28, 2023
Why not try no strings attached cash transfers?
Mint Mumbai

Why not try no strings attached cash transfers?

Did you know that unconditional cash transfers giving money without strings are helpful? I ask this in full anticipation of hearing two kinds of hollow laughter. One, from people who know intuitively, or through life experience, the liberating impact of free money. Of course, free money will help you, they are bound to exclaim. Two, I expect hollow laughter from people who are coordinating it with eye-rolls at these methods of encouraging laziness.

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3 mins  |
October 28, 2023
Time to repeat that dress
Mint Mumbai

Time to repeat that dress

Instead of applauding celebrities for repeating outfits, we should ask why they don't do it more often

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2 mins  |
October 28, 2023
The mixed zone: the rawest place in sport
Mint Mumbai

The mixed zone: the rawest place in sport

Sport works at various speeds. It takes four-and-a-half seconds for Neeraj Chopra's javelin to fly takes four-and-a-half seconds for 88.88m in Hangzhou last month. Then it takes over 20 minutes for him to walk the roughly 30m of the media mixed zone. The TV guys are hogging him, the print guys are swearing, Chopra is smiling. He's a gentle hero with a word for everyone.

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4 mins  |
October 28, 2023
Adani May Raise $4 Bn For Green Hydrogen Production
Mint Mumbai

Adani May Raise $4 Bn For Green Hydrogen Production

Millionaire Gautam Adani's Adani Group is seeking to raise as much as $4 billion to help develop manufacturing plants that would produce low-cost green hydrogen, according to people familiar with the matter.

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1 min  |
October 27, 2023
Shoppers go quiet, brands do a rethink
Mint Mumbai

Shoppers go quiet, brands do a rethink

The global luxury goods industry is reassessing strategy as consumers skip loud logos and ostentatious branding

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2 mins  |
October 27, 2023
Multilingualism can be magical if it's error-free
Mint Mumbai

Multilingualism can be magical if it's error-free

New Delhi signboards with distorted street names may get a few laughs but they also signal a petty negligence of India's multilingual heritage-an asset that should not be trifled with

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2 mins  |
October 27, 2023
INSIDE THE SECRETS THAT PROPELLED ISRO
Mint Mumbai

INSIDE THE SECRETS THAT PROPELLED ISRO

Behind its obvious technological achievements, the space organization was able to build a great people culture

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8 mins  |
October 27, 2023