CATEGORIES

'Citius, Altius, Fortius': Save it for the economy
Mint Mumbai

'Citius, Altius, Fortius': Save it for the economy

Research indicates that the cost of hosting the 2036 Olympics could outweigh its tangible benefits. It's best if we achieve 'faster, higher, stronger' economic output before making a bid

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2 mins  |
October 20, 2023
Mint Mumbai

How financial planning helps you deal with bereavement

Proceeds from insurance claims after the death of a loved one should be invested wisely

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5 mins  |
October 20, 2023
China nuke arsenal has more than 500 warheads: Pentagon
Mint Mumbai

China nuke arsenal has more than 500 warheads: Pentagon

The move comes days before the central bank is set to announce any adjustments to the rate on one-year policy loans

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1 min  |
October 20, 2023
Sunak follows Biden to Israel to show support
Mint Mumbai

Sunak follows Biden to Israel to show support

Egypt takes steps to let in aid as Israeli airstrikes continue to pound Gaza

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2 mins  |
October 20, 2023
High-frequency indicators show broad-based rise in economic momentum: RBI
Mint Mumbai

High-frequency indicators show broad-based rise in economic momentum: RBI

Monetary policy actions and the continued disinflationary stance are yielding results, RBI article says

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2 mins  |
October 20, 2023
'India a vital cloud market for Google besides the US'
Mint Mumbai

'India a vital cloud market for Google besides the US'

Google Cloud India MD says strategic focus on country driven by big scope for growth

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2 mins  |
October 20, 2023
Northern Arc picks ICICI Securities to manage ₹2K cr IPO
Mint Mumbai

Northern Arc picks ICICI Securities to manage ₹2K cr IPO

Northern Arc had filed its draft IPO papers with Sebi in July 2021 but shelved its plans citing market conditions

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1 min  |
October 20, 2023
Microsoft India revenue rises 39% in FY23 on services boost
Mint Mumbai

Microsoft India revenue rises 39% in FY23 on services boost

Microsoft Corp. India Pvt. Ltd, the company responsible for sales and marketing of Microsoft products in the country, saw its operating revenue rise 39% to ₹19,229 crore in the year ended 31 March from the previous year, according to its regulatory filing with the ministry of corporate affairs’ registrar of companies on Thursday.

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1 min  |
October 20, 2023
Competition, new rules crimp resolution professionals' fees
Mint Mumbai

Competition, new rules crimp resolution professionals' fees

Fees have fallen to as low as ₹10-15 lakh per case from as high as ₹2 crore six years ago

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2 mins  |
October 20, 2023
Govt directive on aviation leasing likely
Mint Mumbai

Govt directive on aviation leasing likely

The government may issue a follow-up directive clarifying whether Go First lessors can reclaim their planes and engines following the recent changes in the Insolvency and Bankruptcy Code (IBC) by the ministry of corporate affairs, the government’s counsel told the Delhi High Court on Thursday.

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2 mins  |
October 20, 2023
GCCs wooing IT talent with higher pay: Wipro
Mint Mumbai

GCCs wooing IT talent with higher pay: Wipro

High attrition, counteroffers to keep talent reflecting in IT cos' wage costs

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2 mins  |
October 20, 2023
UltraTech Q2 net up 69% at ₹1,280 crore
Mint Mumbai

UltraTech Q2 net up 69% at ₹1,280 crore

UltraTech Cement, the flagship company of the Aditya Birla Group, reported a ₹1,280.38 crore profit during the second quarter of the current fiscal, an increase of 69% over the same period last year.

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1 min  |
October 20, 2023
Coforge, Cyient outliers amid weak quarter for tech services
Mint Mumbai

Coforge, Cyient outliers amid weak quarter for tech services

Mid-cap information technology (IT) service providers, Cofo-rge and Cyient Group, proved outliers in their September quarter earnings filed at the BSE on Thursday.

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1 min  |
October 20, 2023
Israel conflict will not impact exports, says Jindal Stainless
Mint Mumbai

Israel conflict will not impact exports, says Jindal Stainless

The company exports about 20% of its total produce to Europe and America

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2 mins  |
October 20, 2023
Mint Mumbai

Demand woes haunt HUL in Q2

One factor that stands out in Hindustan Unilever Ltd’s (HUL) September quarter results (Q2FY24) is the eye-popping gross margin expansion. Gross margin rose as much as 692 basis points (bps) year-on-year to 52.7%. Sure, gross margin was expected to rise amid easing inflationary pressures, but the quantum is higher than foreseen.

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2 mins  |
October 20, 2023
Gopal Snacks taps 360 One, others for pre-IPO funds
Mint Mumbai

Gopal Snacks taps 360 One, others for pre-IPO funds

The proceeds will be used to 'meet obligations' related to a loan taken by the founders last year

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1 min  |
October 20, 2023
Softbank to cut stake in Zomato, plans full exit
Mint Mumbai

Softbank to cut stake in Zomato, plans full exit

Offer price at ₹109.4-111.65 per share; Zomato's price rose 80% in 1 year

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2 mins  |
October 20, 2023
India's contribution to global growth to touch 18% in five years: IMF
Mint Mumbai

India's contribution to global growth to touch 18% in five years: IMF

India’s contribution to global economic growth is expected to increase 200 basis points (bps) to 18% over the next five years as the country grows at a quicker pace, a senior official at the International Monetary Fund (IMF) said on Thursday.

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2 mins  |
October 20, 2023
Singapore to build India skilling centres
Mint Mumbai

Singapore to build India skilling centres

Both countries said they aimed to create opportunities for building a future-ready workforce

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2 mins  |
October 20, 2023
Govt weighs mine reforms: clearances before auctions
Mint Mumbai

Govt weighs mine reforms: clearances before auctions

Move to speed up output after block allocation; production record worst in commercial mines

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2 mins  |
October 20, 2023
'Farm output likely to grow by more than 3% in FY24'
Mint Mumbai

'Farm output likely to grow by more than 3% in FY24'

Farm output is expected to grow by more than 3% in FY24 despite initial concerns about the adverse impact of an erratic monsoon, NITI Aayog member Ramesh Chand said, signalling the El Niño weather pattern may have had a more moderate effect than earlier anticipated.

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2 mins  |
October 20, 2023
Google to flag off Make in India with latest Pixels in '24
Mint Mumbai

Google to flag off Make in India with latest Pixels in '24

Google's decision to make its smartphones in India follows the launch of local production of Chromebooks

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3 mins  |
October 20, 2023
Consumer firms get an urban glow in Q2
Mint Mumbai

Consumer firms get an urban glow in Q2

Rural demand is recovering but at a slower pace: FMCG firms

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2 mins  |
October 20, 2023
The high-risk, high-reward world of adventurous foods
Mint Mumbai

The high-risk, high-reward world of adventurous foods

Smelly canned herring in Sweden, animal blood in a range of Indian dishes: one man's disgust is another's delicacy

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4 mins  |
October 19, 2023
India's war on informal labour is turning out bad for workers
Mint Mumbai

India's war on informal labour is turning out bad for workers

Informality seen as a by-product of tax evasion is failing the effort

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3 mins  |
October 19, 2023
The challenges of American and Indian women from a Goldin lens
Mint Mumbai

The challenges of American and Indian women from a Goldin lens

Women in both countries suffer similarly as their capitalist models pit the labour market against the desire to have a family

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4 mins  |
October 19, 2023
Our labour survey data is far from satisfactory
Mint Mumbai

Our labour survey data is far from satisfactory

The latest PLFS found Indian unemployment down and labour force participation up, especially of women, but a closer look reveals an urgency to shore up people's well-being

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2 mins  |
October 19, 2023
How do I deploy the proceeds of my investments in MIS?
Mint Mumbai

How do I deploy the proceeds of my investments in MIS?

The decision to invest the amount you will receive from your MIS should ideally be based on your objectives and the time horizon for which you would like to invest.

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2 mins  |
October 19, 2023
Xi for non US-led world order
Mint Mumbai

Xi for non US-led world order

Putin backs Xi, says China's Belt and Road in sync with Russia's goal of global interconnected infrastructure

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2 mins  |
October 19, 2023
Amazon sale fires up same-day deliveries
Mint Mumbai

Amazon sale fires up same-day deliveries

Amazon has reported delivering more orders faster during this year's festive season sale in India, as part of its strategy to reduce the delivery time to ensure more shoppers receive their items on the same day, or within a day or two, of ordering.

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2 mins  |
October 19, 2023