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REMEMBERING CHANDRIKA MAGO
The senior Mint editor and head of the Lounge desk passed away on Wednesday. The Lounge team remembers our beloved colleague
Rudderless boats in a sea of misinformation
The new preoccupation about what is authentic is more about anxiety than skill. In a way, it's quite fitting that wordwise we have gone from gaslighting to authentic
Scott Pilgrim makes progress
Nearly every episode of Netflix's excellent animated series Scott Pilgrim Takes Off begins with an elaborate hair-colour montage: the show's heroine Ramona Flowers squeezes bleach out of a tube, applies bright colours to her duotone hair, and wipes the fogged-up mirror clean.
Hunar 2023, Paramparik Karigar's spectacular designer exhibition
Paramparik Karigar is hosting the third edition of its annual Designer Exhibition, Hunar, at the Taj Wellington Mews on December 8 and 9, 2023.
When the world is going to the pigs
Adam Biles' new novel pushes George Orwell's 'Animal Farm' a bit further to show that the more things change, the more they stay the same
Microsoft Joins OpenAI Board, Altman Officially Back As CEO
OpenAI said that Sam Altman was officially reinstated as chief executive officer and that it has a new initial board of directors, with Microsoft Corp.joining as a nonvoting observer.
Take this sports car for a joyride on an Indian road
The Ferrari 296 GTB is a plug-in hybrid with two electric motors. It offers a smooth, luxurious ride and clears road obstacles with ease
'I will give it to you in writing...': Save the written word's sanctity
India’ traditional strengths could combine with the written forms to effect a paradigm shift in this digital age of post-truth’
Good cinema can get us talking greed and grime
Michael Douglas, who famously played an advocate of greed, won the Satyajit Ray Award at IFFI. Incongruent? That's cinema doing what it must: stirring up emotions and thought
Dental treatments are costly. Here is how to finance them
Why do people often put off their regular visit to the dentist? That, health experts say, is because they give less importance to oral care and dental hygiene until it is too late. While regular visits to the dentists are as critical as regular body checks, most people wait till the toothache gets unbearable. By then though, the cost of treatment can soar. For instance, a root canal can cost several thousands of rupees and dental implants even more.
THE RETURN OF THE BOLLYWOOD POTBOILER
Hindi filmmakers have woken up to the need to cater to the lowest common denominator in the audience
Henry Kissinger, US diplomat and Nobel winner, dies at 100
Kissinger had a hand in many epoch-changing global events of the 1970s while he was US secretary of state
PVR redefines luxury with 2nd Maison
Multiplex chain PVR Inox is fast building up its premium and luxury cinema formats, which already comprise 13.8% of its overall portfolio. The company launched its second Maison cinema in Mumbai on Thursday, at the Jio World Plaza. The first Maison is housed at Jio World Drive.
Delhi HC to set the right note on Rahman's song
Both Shiva Stuti Veera Raja Veera are based on same raga, Say Composers
'500,000 jobs via PLI for cellular phone cos'
India’s production linked incentive (PLI) scheme for mobile phone manufacturing had generated 500,000 jobs, telecom and IT minister Ashwini Vaishnaw said Thursday, at the inauguration of the Padget Electronics’ new manufacturing plant which will make 25 million phones a year.
Admit UBI's claims of ₹208 cr: NCLT directs liquidator
The Mumbai bench of the National Company Law Tribunal (NCLT) has directed the liquidator of insolvent firm Bharati Defence and Infrastructure Ltd to admit Union Bank of India’s claim amounting to ₹208 crore as an operational debt.
'Visa-free travel best way to draw tourists'
The Indian travel industry is gaining momentum globally, with countries announcing visa-free arrivals for Indian passport holders. It is expected to boost outbound travel from the second-largest travel market.
Rice on the cusp of fresh 15-year high in Asia after sharp rebound
Rice prices are on track for a new 15-year high, threatening to spark more angst in Asia and Africa where the grain is the staple for billions.
Manappuram Finance sparkles as focus shifts to non-gold loans
With domestic gold prices hovering near record highs, shares of Manappuram Finance Ltd and Muthoot Finance Ltd, two major non-banking gold financiers, have been shining. But one of them has sharply outperformed the other. Over the last six months, Manappuram Finance Ltd's shares have gained over 40%, while its larger peer Muthoot Finance Ltd has seen only a 27% rise.
Siemens' capex, spin offs in focus
Investors in shares of Siemens Ltd have had a remarkable 2023 so far with the stock rising by 29%. The company's robust order backlog and focus on high growth areas such as digitalisation, automation, and energy efficiency products has boosted sentiment. Plus, improving prospects in the capital goods sector has had a positive bearing on the stock.
Alibaba's value dips below upstart PDD's in landmark for China
Alibaba Group Holding Ltd is set to lose its position as China's most valuable e-commerce firm to eight-year-old upstart PDD, a watershed moment for an internet industry that Jack Ma's iconic firm dominated for more than a decade.
'130 mn 5G users in India by end-2023'
India will have 130 million 5G users by the end of this year, within just over a year of consumer 5G services being launched in the country. India’s 5G user base has more than tripled from last year—and is expected to rise to 860 million subscribers by 2029, according to the Ericsson Mobility Report 2023 published Thursday.
How Cisco broke out of its slow growth trap in India
Globally the company’s revenue was stuck for nearly a decade but in India it doubled
Global players to be invited to make hydrogen-powered trains
India proposes to invite global players to manufacture hydrogen-powered trains in the country, based on technology being developed indigenously.
COP28 to focus on methane reduction
Countries gathered at the COP28 summit that started on Thursday will focus on cutting methane gas emissions as the \"easiest, quickest and cheapest\" way to deal with the climate change crisis, said US special presidential envoy for climate John Kerry.
ONDC's transaction volume surges to 4.7 million: MD
As per an assessment by ONDC, it will be able to reach 1.2 billion transactions by 2027
Fewer hirings, stagnant pay, as IITs brace for grim season
HFT and quant firms are ready to roll out crore-plus offers but with very few vacancies
Tata Tech soars 163%, registers highest listing gain in two years
Investors chasing listing-day gains made a killing on Tata Technologies Ltd, which debuted on the Street with the best gains in two years for an offer above ₹500 crore. The stock gained 162.85% from its issue price of ₹500 to close at ₹1,314.25 on Thursday, the highest since digital analytics firm Latent View Analytics Ltd listed at a 169% premium on 23 November 2021.
JSW gets 35% in JV with SAIC Motor
JSW Group on Thursday said it would own 35% in a newly created joint venture (JV) with SAIC Motor Corp. Ltd (which owns MG Motor India) that would focus on electric vehicles (EVs), with a plan to turn majority shareholder in two years. JSW executives said the rest of the ownership of the JV has not been decided yet, but the JV would help transform MG Motor’s operations in India as well. A JSW Group spokesperson did not comment on the value of the 35% stake.
'Shriram needs to shift to insurance'
The Shriram Group will need to shift its focus from its mainstay lending business to insurance amid tighter regulation and rising competition from banks, said R. Thyagarajan, who founded the financial conglomerate as a chit fund nearly half a century ago.