CATEGORIES

StanChart loses 4 financing bankers
Mint Mumbai

StanChart loses 4 financing bankers

Standard Chartered Plc is losing a handful of executives at its financing and credit business across India and Singapore amid a global restructuring and as an active dealmaking market boosts demand for bankers.

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1 min  |
November 15, 2024
Apple iCloud faces antitrust claim
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Apple iCloud faces antitrust claim

British consumer group Which? will launch legal action against Apple on Thursday, alleging the tech giant breached competition law by effectively locking millions of its customers into its iCloud service.

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1 min  |
November 15, 2024
It's a legacy agriculture company - and your newest AI vendor
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It's a legacy agriculture company - and your newest AI vendor

Companies now find it critical to augment general models with more industry-specific data if they're going to be useful

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3 mins  |
November 15, 2024
Vaz, Mani and Gupta to head RIL-Disney JV
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Vaz, Mani and Gupta to head RIL-Disney JV

The ₹70,000-cr media giant is likely to transform entertainment in India

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2 mins  |
November 15, 2024
Trump and Putin's rapport masks deeper tensions
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Trump and Putin's rapport masks deeper tensions

Warm words between two leaders doesn't necessarily signal a thaw in U.S.-Russia relations

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5 mins  |
November 15, 2024
Mint Mumbai

CCPA orders investigation into Ola Electric

Many customers reported that issues persisted as complaints were closed prematurely without result

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1 min  |
November 15, 2024
'Revised norms will benefit big auditors'
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'Revised norms will benefit big auditors'

Proposed revisions in the audit standard for consolidated financial statements of business groups could lead to the concentration of the audit market around big audit firms at the expense of other auditors, said an official of the Institute of Chartered Accountants of India (ICAI), the profession's self-regulator and rule maker.

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2 mins  |
November 15, 2024
Mint Mumbai

Muted Q2 sparks a rethink at Mamaearth

Honasa Consumer Ltd, the listed beauty and personal care firm behind Mamaearth, plans to make significant adjustments to its product lineup, marketing approach, and investment allocation across categories to revive growth for its flagship brand, which underperformed in the September quarter.

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1 min  |
November 15, 2024
'Design cities for next 100 years, think big'
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'Design cities for next 100 years, think big'

DLF's K.P. Singh calls for the overhaul of India's urban planning approach

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2 mins  |
November 15, 2024
Companies scan diversity, inclusion before M&A deals
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Companies scan diversity, inclusion before M&A deals

The rising importance of D&I is closely tied to the growing focus on ESG assessments

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3 mins  |
November 15, 2024
Sebi curbs to help boost BSE's Sensex options, says CEO
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Sebi curbs to help boost BSE's Sensex options, says CEO

BSE & NSE have been asked to offer one weekly options expiry as 9 in 10 individuals lose money in index options

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1 min  |
November 15, 2024
Mint Mumbai

Tata Chemicals Europe rejig helps, but soda ash is a worry

Tata Chemicals Europe Ltd (TCEL), a subsidiary of Tata Chemicals Ltd, has embarked on a restructuring exercise.

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1 min  |
November 15, 2024
Clarity on AGR to help raise bank debt, says Voda Idea CEO
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Clarity on AGR to help raise bank debt, says Voda Idea CEO

Clarity from the government on adjusted gross revenue (AGR) will move the needle on Vodafone Idea Ltd's efforts to raise debt from lenders, its top executive said, adding that promoters, along with the management, were in discussions with banks for raising ₹35,000 crore.

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1 min  |
November 15, 2024
ONGC banks on two key factors
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ONGC banks on two key factors

Oil and Natural Gas Corp. Ltd's (ONGC) standalone gross crude realization fell about 8% year-on-year in the September quarter (Q2FY25) to $78.3 a barrel.

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2 mins  |
November 15, 2024
Pavestone raises nearly $100 mn
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Pavestone raises nearly $100 mn

Hyderabad-based venture capital firm Pavestone VC, which invests in early- and growth-stage firms, has closed its maiden fund with a corpus of ₹816 crore (about $97 million).

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1 min  |
November 15, 2024
PW hires new CFO ahead of 2025 IPO
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PW hires new CFO ahead of 2025 IPO

Physics Wallah (PW), the Lightspeed-backed edtech unicorn, has appointed Amit Sachdeva as chief financial officer as it gears up for a public-market debut in 2025.

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1 min  |
November 15, 2024
Porter looks to raise $100 mn from PE firms
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Porter looks to raise $100 mn from PE firms

The deal is likely to value the decade-old startup at $1.1-1.2 billion

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2 mins  |
November 15, 2024
SarvaGram raises ₹565 cr to boost biz
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SarvaGram raises ₹565 cr to boost biz

SarvaGram Solutions, a Pune-based credit platform that focuses on rural areas, has secured ₹565 crore in a Series D investment round led by Peak XV Partners.

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1 min  |
November 15, 2024
Mint Mumbai

MHI holds talks on subsidy for e-trucks

The ministry of heavy industries (MHI) convened an industry consultation in the national capital on Thursday to determine the optimal allocation of its ₹500 crore subsidy outlay for e-trucks under the PM E-drive scheme.

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1 min  |
November 15, 2024
'FSSAI plans real-time surveillance, tracking, sampling of food items'
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'FSSAI plans real-time surveillance, tracking, sampling of food items'

A dashboard is being prepared to see live tracking sampling and analysis done across the country. - G. Kamala Vardhana Rao CEO, FSSAI.

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2 mins  |
November 15, 2024
Mint Mumbai

Wholesale inflation at four-month high

A Reuters poll of economists expected wholesale inflation to be around 2.2% in October

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1 min  |
November 15, 2024
Mint Mumbai

Trade deficit widens to $27 bn in Oct

The total value of merchandise and services exports touched $73.21 bn in October, up from $65.19 bn in September

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2 mins  |
November 15, 2024
India ranks 3rd in improving its business environment
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India ranks 3rd in improving its business environment

The country, as per EIU, is among places where it expects the most key policy improvements

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2 mins  |
November 15, 2024
Fashion begins to go green, but the transition is slow
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Fashion begins to go green, but the transition is slow

Customers shopping for upcycled bags to eco-friendly tees are spoilt for choice, as upstart fashion brands chase them with a clutch of options.

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2 mins  |
November 15, 2024
Lawyers guide firms with US operations as Trump 2.0 looms
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Lawyers guide firms with US operations as Trump 2.0 looms

Law firms are advising Indian companies operating in the US or engaging in deals with American firms to expect closer scrutiny under the Trump administration, suggesting additional clauses in legal contracts to protect their interests.

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3 mins  |
November 15, 2024
Highway building, environment go hand in hand, says Gadkari
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Highway building, environment go hand in hand, says Gadkari

Union road transport and highways minister Nitin Gadkari has said that highways and infrastructure projects, especially in the Himalayan states, were being built in an environment-friendly way and that the allegations of environmental damage were \"completely wrong\".

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2 mins  |
November 15, 2024
After a slow start, auto PLI claims may zoom in future
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After a slow start, auto PLI claims may zoom in future

The first wave of claims for India's automobile production incentives scheme barely touched ₹500 crore, an amount that may grow exponentially in the years ahead as the electric revolution unfolds and more products secure certification.

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3 mins  |
November 15, 2024
Musk-a-Lago: Inside Musk's role on Trump's transition team
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Musk-a-Lago: Inside Musk's role on Trump's transition team

In the lounge outside Donald Trump's Mar-a-Lago office, cabinet hopefuls mingle with advisers and friends of the future president.

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5 mins  |
November 15, 2024
Key imports take Dubai route to skip China block
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Key imports take Dubai route to skip China block

Move side-steps curbs that threatened to slow India's green energy, infra goals

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3 mins  |
November 15, 2024
Why Crypto Mania Is Reaching New Heights
Mint Mumbai

Why Crypto Mania Is Reaching New Heights

Donald Trump's victory has a flavour of revenge—not just for the man but also for crypto bros and their assets of choice.

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3 mins  |
November 14, 2024