CATEGORIES

Emcure Pharma hires Jefferies, JP Morgan, Kotak for 2024 IPO

India's Emcure Pharmaceuticals aims to raise $400-$500 million from an initial public offering planned for next year, two persons in the know said, reviving listing plans the drugmaker shelved in early 2022 as the Ukraine war roiled global markets.

UK's climate shocker puts green investors' plans at risk

Some of the world's biggest green investors are voicing dismay and bewilderment as they struggle to digest the UK government's stated intention to wind back key climate commitments.

Ex-Wall Streeters to spearhead $100 bn for US chip revival

For years the titans of finance have argued Wall Street could spend money more efficiently than the government can. Now a handful of bankers will get the chance to see if they're right.

'$150 billion may flow to India'

Investors have about $2 trillion of funds available to invest, and about $100 billion to $150 billion of that is focused on India, according to Anu Aiyengar, JPMorgan Chase & Co.'s global head of mergers and acquisitions.

'CISOs should foster a more security-focused culture'

As cybersecurity threats continue to rise, every organization is looking at ways to combat the menace.

Pro-poor schemes gain focus as five states approach assembly polls

National parties have lined up farm loan waivers, income support schemes and the old pension scheme as they look to seize or retain power in key Assembly elections.

Tighter stock cap on tur, urad, for longer

The government on Monday doubled down on measures to rein in runaway prices of urad and tur— two of the commonest Kharif pulses consumed in India—ahead of elections to five state Assemblies.

Ministry for quick green light in underground coal mining

Underground coal mining currently accounts for around 5% of overall mining in the country

New Air India by 2025-end: CEO Campbell Wilson

Air India plans to establish a low-cost stronghold in local routes, alongside the broader goal of revitalizing the Tata group-owned airline by refurbishing its entire fleet by the end of 2025, chief executive officer (CEO) Campbell Wilson said.

Samsung joins India laptop making push

The Korean firm will make about 70,000 units at Noida plant

The Threat Of Wildfires Is Rising. So Are New AI Solutions To Fight Them

Wildfires fuelled by climate change have ravaged communities from Maui to the Mediterranean this summer, killing many people, exhausting firefighters and fuelling demand for new solutions. Enter artificial intelligence (AI).

NASA Capsule Brings Largest Asteroid Sample To Earth

Sample may provide a better understanding of the formation of our solar system and how Earth became habitable

What caregivers really need at their workplace

Caregiver employees are heavily burdened with professional and personal responsibilities, leaving them no room to think of themselves

Indian stock performance is not dependent on electoral results

long-term record shows that equity returns and economic reforms are correlated but neither are hurt by political shifts

Bond inflows: Get ready for a trilemma re-tweak

Greater globalization implied by Indian G-Sec inclusion in a JPMorgan index will attract a capital bulge and weaken RBI's rein on inflation unless we let the rupee float more freely

How more Indians are carpooling to cut the costs of office commute

The covid pandemic is over and it’s now business as usual. Cities have sprung back to life as people return to office. And, so have the huge traffic snarls, as people travel from home to office and back during rush hour. Meanwhile, young professionals are looking for cost-efficient and convenient ways to commute to their offices. Many of them are carpooling to hitch a more comfortable ride.

'RISHAD IS CHAIR, I'M CEO, AZIM PREMJI IS A SHAREHOLDER'

Wipro is in the middle of a \"tough transformation\" and Thierry Delaporte says he has Rishad's support

'Mazars to step up head count by 3-fold'

Global audit, tax and consultancy firm Mazars will be increasing its head count in India by over three times from the existing 1,300 professionals to 5,000plus within five years to tap the growing business opportunities, said Rudi Lang, global head of financial services for Mazars.

HDFC Bank plans to launch new mobile app, site by Mar

HDFC Bank Ltd, India’s largest private lender, plans to launch a revamped mobile app and an internet banking website by March, over five years after an upgraded app faced glitches and had to be rolled back in a week.

New law may bring OTT apps under ad, programme codes

OTTS which have adopted self-regulation so far to follow stricter standards under new law

'India developers exceptional, but talent shortage issue is structural'

India is home to the second-largest developer base for GitHub, the world’s largest platform for storing, hosting and sharing code. Data shared exclusively with Mint by GitHub revealed India to have over 11.4 million individual developers on the platform, while over 440,000 Indian companies also host and share their code through the platform.

EV boom triggers battle for talent in automotive sector

Automobile companies chase skilled professionals to develop capabilities in green mobility

'Strong digital strategy vital for any company'

Bengaluru-based growth and private equity mid-market firm Amicus Capital is on track to close its second fund. It expects to mop up as much as $200 million and has received commitments from offshore investors such as the US International Development Finance Corp and the European Investment Bank.

'There's opportunity for strong earnings growth for many years'

Domestic markets are not far ahead of fundamentals, and there is opportunity for strong earnings growth for several years, Nirav Sheth, chief executive officer, institutional equities at Emkay Global Financial Services Ltd, said in an interview.

Oil surge upends EM disinflation trade

Just a couple of months ago, emerging-market assets were all the rage as inflation eased and interest rate-cut bets surfaced. The trade has all but fizzled out.

Rail, roads eat into air travel on short routes

Vande Bharat trains, new highways tempt many leisure travellers

India, Australia to discuss connectivity boost with undersea cables

India and Australia will discuss collaboration to lay down undersea cables to improve connectivity in less developed nations in South Asia and in the wider Indo-Pacific, according to persons aware of the matter.

Poultry prices rise as demand returns

Poultry prices that declined in the April-August period have started climbing again, with the end of Hindu religious periods Shravan and Adhik Maas, and Sri Lanka boosting egg imports from India.

Centre to cancel OCI cards over pro-Khalistan activity

Over 12 OCI cards to be scrapped; move follows India suspending visa services in Canada

Wipro to rebound as market recovers; top exits no worry'

Wipro Ltd will return to a “great level of growth\" when market conditions improve, chief executive officer Delaporte said in an interview where he defended his leadership style and dismissed worries about senior-level exits.