CATEGORIES

Lok Sabha security breach row: 15 Opposition MPs suspended

The MPs disrupted proceedings in Parliament; government says don't politicize issue

Adani's copper foray to tighten ore supply

The Kutch Copper Ltd facility is expected to come online in March next

Vedanta parent rejigs debt; S&P trims rating

Vedanta Resources plans to partially pay off and delay three bond series

Ad spends to grow 12% in 2023 to 1.09 tn

Advertising expenditure in India is expected to A grow 11.8% in 2023 to ₹1.09 trillion ($14 billion), putting the country on track to breach into the top 10 global advertising markets by 2028, a report has said.

Kia guns for 17% of India's EV car mkt

Kia India aims to corner a 15-17% share of India’s nearly 1-million-unit market for electric passenger vehicles by 2030, much higher than its overall market-share target of 10% by that year, its chief executive officer and managing director Tae-Jin Park said.

Mahindra set to drive in its first electric truck in 2025

Leading domestic automaker Mahindra & Mahindra is developing its inaugural range of electric light commercial vehicles (LCVs) to position itself in a fiercely competitive segment that is transitioning from conventional fuels to cleaner technologies such as compressed natural gas (CNG) and electrification, two people with direct knowledge of the company’s plans told Mint.

ITC stock lacks near-term spark

ITC Ltd’s investors have little to complain about. Since its meeting with analysts in December 2021, the cigarette-maker’s shares have doubled. What is more, the strategies outlined by the company at its recent analysts’ meet point to solid long-term prospects.

Udaan raises $340 mn in debt-equity mix

The unicorn's funding was led by M&G, Lightspeed Venture, DST Global

Centre not looking at any new PLI schemes: Official

The Centre will not expand its productionlinked incentive or PLI scheme this financial year, preferring instead to wait until the new central government is in place next year to decide whether to enlarge the list of sectors that get incentives for domestic manufacturing.

Wholesale prices at 8-month high in Nov

India's wholesale inflation reached an eight-month high in November, driven by prices of food and other key commodities, after contracting since the beginning of this financial year.

Oil demand growth in India to taper in 2024 after bumper years

Oil demand growth in the key Asian market of India is set to slow next year as the spurt in consumption that followed the pandemic fades, echoing a slowdown in China and presenting a fresh headwind for prices.

₹3 trillion power distribution scheme may get extension

The govt seeks to connect more households, especially in rural areas, to the electricity grid

Ackman's clash reveals messy world of big donations

Prestigious universities are learning the costs of the big gifts they receive from prominent donors.

MCA set to roll out e-hearings

Soon, corporate lawyers and executives will no longer have to turn up at company registrar offices for case hearings, with the government preparing the ground for virtual hearings on its MCA21 portal.

Big chunk of CPI items within RBI's range, yet inflation is up

Retail inflation in November rose at the quickest pace in three months, but a closer look tells a slightly different story.

Industrial policy to wait; tweaks likely after next elections

The wait for India's new industrial policy just got longer with the government expected to take a fresh look at it following global supply chain shifts, greater urgency on the green agenda, and geo-political developments, two people aware of the matter said.

Get punch drunk this festive season with these classics

Festive drinks from around the world, including a winter punch made by Mumbai's East Indian community

Satirizing American life with Grand Theft Auto VI

The controversial video game returns, once again sparking off controversy, debate, conversation, and just the slightest hint of mass hysteria

India's informal sector could be adding more value than we know

Arguments of this sector's size being overestimated are flawed. PLFS data suggests it's far likelier to have been undercounted

COP-28's finale averted a cop-out on fossil fuels

A transition away from fossil fuels finally found a global consensus in Dubai, but the climate conclave's success depends on what gets implemented and whether rich countries help the rest

Which funds will help me meet my retirement, other goals?

I am a salaried person and own a small flat in my home town. I have been regularly investing in the stock market since the last one year and have done well so far.

Buying a house? Know the mutual funds that help you

A systematic investment plan in the right funds can grow your portfolio by leaps and bounds

HOW PRICE WARS HURT ACCOUNT AGGREGATORS

These NBFCs play an important role in financial inclusion. But the business model is broken

Chinese planemaker Comac upsjet promotion in Hong Kong

Chinese manufacturer Comac took its C919 medium-range jet outside of mainland China for the first time Wednesday, showing off the single-aisle aircraft to officials and potential airline customers in Hong Kong.

Argentina devalues peso, cuts spending to overcome crisis

Argentina will weaken its peso over 50% to 800 à per dollar, cut energy subsidies, and cancel tenders of public works, new economy minister Luis Caputo said on Tuesday, economic shock therapy aimed at fixing the country's worst crisis in decades.

Israel suffers worst losses since October

Israel faces growing diplomatic isolation as civilian deaths mount in Gaza

'Google to bet on Pay, SMEs'

Google is betting on digital payments and wants to tap into the SME sector in India.

Arbitration agreements valid even if unstamped, rules SC

Verdict reverses previous court order, aligns with India's move to turn an arbitration hub

Fairfax picks up 7% more stake in BIAL for $175 million

Fairfax India Holdings Corp., controlled by Canadian billionaire Prem Watsa, has acquired an additional 7% stake in Bangalore International Airport Limited (BIAL) for $175 million, raising its shareholding to 64% in the company that operates the Kempegowda international airport.

For SonyLIV, regional menu is the way to viewers' hearts

SonyLIV, the videostreaming platform owned by Sony Pictures Networks India, is betting on shows in Telugu, Tamil and Malayalam, spurred by rapid adoption of online content in these regions, besides offering new seasons of successful Hindi titles to expand its audience base and keep them hooked in 2024.