CATEGORIES

Bankers gloomy as RBI scans salaries

Despondency boardrooms stalks and corner offices of private banks, as the regulator keeps top-level compensation under its thumb to prevent risk-taking of the kind that led to the global financial crisis of 2007-08. In several instances, the Reserve Bank of India (RBI) has refused to approve a pay hike, delayed approving higher remuneration or even directed an outright pay cut.

IT sets Street afire: indices at life highs

HDFC Bank, Reliance Industries support Monday's market rally

A blueprint for designing a greener office

Prioritizing sustainability while planning workplaces is key for several reasons

RBI's new regulatory framework relies on significant self-policing

The broad goal is to not only enable early risk recognition and mitigation but also reduce the regulatory burden for everyone

'After me the flood' has not marred our budgets

India has largely been fiscally responsible and our post-pandemic economy requires us to maintain that record. Sitharaman's interim budget of 1 February should make that clear

Varshney: Sebi is not against short selling

He warned that naked short selling couldn't be permitted in India

'Corporates are investing through cash accruals'

Cash is not going out to repay bank loans, but to fund the business, says K.V. Kamath

BUYING HOMES: WHY TAX POLICIES NEED A TWEAK

Current terms encourage speculation in real estate, which doesn't work well for those looking to buy homes to live in

RBI governor raises red flag on model-based lending

Shaktikanta Das was the keynote speaker at the Mint BFSI Summit and Awards 2024

Centre to offload 300,000 tn wheat for subsidized atta sale

Food Corporation of India (FCI) will allocate 300,000 tonnes of wheat to three government agencies in January, which will convert the grain into flour and sell it to consumers at a subsidised rate under the Bharat Atta brand to battle inflation, Union food secretary Sanjeev Chopra said.

King Frederik X takes Danish throne

Denmark's King Frederik X ascended the throne on Sunday, succeeding his mother, Queen Margrethe II, who formally abdicated after 52 years as monarch, with big crowds gathered in the capital to witness history.

'US doesn't support Taiwan independence'

President Joe Biden said the US did not support independence for Taiwan, after voters there defied China and returned the governing Democratic Progressive Party which has sought to limit Beijing's influence - to a third consecutive term.

After 100 days, the Israel war threatens to spill beyond Gaza

The conflict has swung from a brutal Hamas attack to Israel's ferocious retaliation with no end in sight

Release date changes hit exhibitors, producers down south

Southern language films such as Vikram’s Thangalaan, Dhanush’s Captain Miller and Mohanlal’s Malaikottai Vaaliban faced multiple changes in release dates over the past months, causing challenges for exhibitors who plan schedules in advance.

Realty wants sops, affordable housing push

Following a year of exceptional sales growth for the residential sector, the real estate industry believes some additional measures could help sustain the momentum.

Kirloskar Ind files fresh affidavit vs Kirloskar Brothers

Kirloskar Industries Ltd (KIL) has filed a fresh affidavit before the National Company Law Tribunal (NCLT) against Kirloskar Brothers Ltd, disputing statements made by the latter in a recent affidavit regarding a six-year-old case between the factions.

2024 to see unprecedented foreign inflows: Khemka

India has historically traded at a premium compared to the rest of the emerging markets (EMs), and Prashant Khemka, founder, WhiteOak Capital Management, as he breaks the myth on why India might be in a sweet spot going ahead, too.

Fog delays 100 flights at Delhi airport

A thick blanket of fog in Delhi since the early hours of Sunday led to the diversion of about 10 flights to Jaipur; also, more than 300 flights were delayed at the Delhi airport, the busiest and largest airport in India.

Tata Consumer to integrate new acquisitions in 3-4 months

Tata Consumer Products Ltd (TCPL) will continue to look for opportunities to expand its business in the Indian market, even as it rushes to integrate the recently announced Organic India and Capital Foods acquisitions into the business, said a top executive at the salt and tea maker.

'HCL Tech will keep hiring to meet 5.5% growth guidance'

On Friday, HCL Technologies Ltd, India's third-largest information technology (IT) services company, reported 12.5% sequential rise in net profit.

Go First's lenders seek investor bids by Jan end

Lenders to Go First have set 31 January as the deadline for financial bids to acquire the airline, two banking people with knowledge on the matter said on Sunday.

Yulu eyes debt funding; to expand into new geographies

Yulu is in talks to raise a ‘large’ debt capital, as the electric bike rental startup aims to bolster its presence in its existing markets, its chief executive officer Amit Gupta said, adding that the company will expand to another 10-12 cities this year.

Better margins attract VCs to specialty coffee startups

At least two specialty coffee retail startups received significant fund infusions in 2023

Bright spot: Nvidia bulls rejoice New Year gains

Nvidia Corp. is off to its strongest-ever start to a year by one measure, keeping up a blistering rally that saw shares gain nearly 240% in 2023.

Wires crossed: Polycab navigates uncertainty amid income tax raids

Two weeks into 2024, Polycab India Ltd's shares are down 27%. Reports of tax evasion by the company have created an environment of uncertainty.

Is the glass half full for Tier-1 IT firms?

In a breather of sorts, the December quarter (Q3FY24) results of tier-1 IT companies released so far, were not as bad as feared.

Xponentia Fund II surpasses target, closes at ₹1,095 cr

Homegrown mid-market private equity firm Xponentia Capital has marked the final close of its latest fund.

'VCs conservative on edtech, content firms'

Edtech in India, China not looking good these days, says Coursera CEO

India may reform credit lines for foreign nations, link with projects

India is considering reforming the lines of credit (LoCs) it grants to other countries to improve its economic diplomacy, persons aware of the matter told Mint.

Maldives sets 15 Mar deadline for India to pull out its troops

The Maldives has asked India to withdraw its troops stationed in the country by 15 March, said Abdulla Nazim Ibrahim, a top aide to President Mohamed Muizzu, at a press conference on Sunday.