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Record 6-year high in FPI fund inflow
Foreign Portfolio Investors (FPIs) have injected over ₹19,800 crore in the country's debt market in January, making it the highest monthly inflow in more than six years, on the back of inclusion of Indian government bonds in the JP Morgan Index.
Jewellery margin dulls Titan
Titan Co. Ltd's shares are down 2% since it announced its December quarter (Q3FY24) results on Thursday. A key disappointment in Q3 was the margin performance of its jewellery business.
India a hyper-growth mkt for Veeam Software
India is a hyper-growth market for Veeam Software, a US-based provider of backup, disaster recovery, and data management solutions.
Mid-cap IT firms test Gen AI before selling it to clients
Zensar, Sonata, Happiest Minds and Hexaware plan to be early movers in Gen AI segment
Bhabha may help reduce post-harvest onion loss using gamma rays
India’s premier nuclear research centre is lending a helping hand with the nation’s kitchen staple—the onion.
Fiscal plan to be maintained
The fiscal journey for FY25 set out in the interim budget will be maintained despite a full budget slated in July after the general elections, finance ministry officials said.
Steps soon to stop abuse of GST flexibility: Revenue secretary
The government will take steps to prevent evasion of Goods and Services Tax (GST) by entities abusing the flexibility given to businesses to correct errors in transaction, revenue secretary Sanjay Malhotra said in an interview.
Nod soon to digitize urban civic services, public works
The scheme has been working without any Central support; now this gap has been addressed
The money and drugs that tie Musk to some Tesla directors
Board members at Elon Musk’s electric car maker, Tesla, were facing a dilemma.
Reliance-Disney pact may set stage for consolidation
The combined entity will gain from the English language content and content from entertainment channels they run
Consumer firms on prowl for new markets fire up deal street
India’s consumer industry is witnessing rising deal-making and mergers & acquisitions (M&A) as companies seek to consolidate positions and enter emerging segments.
When Geojit tried to fix what the regulator couldn't
When warnings from the regulator and steep losses for clients failed to curb the retail frenzy for derivatives, Chenayappillil John George took matters into his hands.
RBI may hold rates, issue FY25 outlook
Economists polled by Mint expect little change in MPC stance
How to get the FROW look
A guide to help you decode some of the recent celebrity looks all perfect for office, evenings as well as a Valentine's Day date
Nifty hits record, but charts hint trend may be about to reverse
The benchmark Nifty index hit a fresh record high on Friday but closed sharply lower, suggesting the recent upward trend may be about to reverse in the short term, technical analysts said.
Enterprise sales key to stronger Apple India show
Apple India's overall revenue in FY24 could increase by 70%, powered by a strong double-digit growth in iPhone sales through 2023.
Is America on the path to a 'lost decade' like Japan?
America's stocks are making new highs and the AU.S. economy looks poised to stick a rarely seen soft landing.
Byju's says investors have no right to change its leadership
Investors of Byju's do not enjoy the right to change the company's chief executive or management under their shareholders' agreement (SHA), the edtech's founders claimed, a day after the investors pushed for a shareholders' meet for this purpose.
Faking compliance, bad KYC spark RBI fury on Paytm bank
The banking regulator cracked the whip on Paytm Payments Bank after it failed to shape up despite repeated warnings on falsified compliances, irregularities in KYC norms and related party transactions, a person aware of the development said.
Govt capex engines to keep steady pace
Central capex may remain around 3% of GDP to push growth
Sony 'pre-determined' end of merger agreement, says ZEE
Sony Pictures was 'predetermined' to terminate the merger agreement with Zee Entertainment Enterprises Ltd, ZEE has alleged in its petition filed before the National Company Law Tribunal (NCLT).
IndiGo clocks 2,998 cr PAT, beats street
InterGlobe Aviation Ltd, which runs India's largest airline IndiGo, clocked awhich runs India's largest airline IndiGo, clocked a profit after tax of ₹2,998.
TaMo to rebrand its small CVs to claw back mkt share
Production sops for auto sector to be key source of funding for co’s EV initiatives next year
Govt to sell subsidized Bharat Rice from next week
The government will start selling Bharat Rice at ₹29 a kg in the retail market next week to cool prices of the staple foodgrain and provide relief to consumers.
Rosneft CEO in India next week
Russia's largest oil company Rosneft's CEO Igor Sechin is set to visit India next week, said two people in the know.
Govt aims to construct 13,000km highways in FY24
The government aims to build 13,000 kilometers (km) of national highways (NH) by the end of March, meaning it would be able to meet about 94% of its target for FY24, a senior government official said.
New I-T regime needs stability: CBDT chair
A person with income up to 750,000 a year does not have to pay tax now
'GST revenue to outpace GDP growth till high compliance'
Goods and Services Tax (GST) revenue collection of central and state governments will continue to grow at a faster pace than nominal GDP growth rate till very high tax compliance level is achieved, after which, the tax on consumption will grow in sync with the rate of economic expansion, Central Board of Indirect Taxes & Customs (CBIC) chairman Sanjay Kumar Agarwal said in an interview.
JSW Infra's profit more than doubles to ₹251 cr in Oct-Dec
Private-sector port operator JSW Infrastructure Ltd on Friday said its consolidated net profit more than doubled year-on-year (y-o-y) to 250.66 crore in the December quarter, buoyed by increased cargo volumes and higher tariffs.
Budget's infra focus gives us confidence: L&T CFO Raman
The company says that bookings of new infrastructure orders may slow in coming quarters