CATEGORIES

Mint New Delhi

A-One Steels files DRHP with Sebi

Integrated steel manufacturer A-One Steels India has filed preliminary papers with capital markets regulator Securities and Exchange Board of India (Sebi) to raise ₹650 crore through an initial public offering (IPO).

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1 min  |
January 02, 2025
Mint New Delhi

House prices may see modest growth

India's primary housing market may register a modest single-digit price rise in 2025 after appreciating by an average 21% last year as developers are expected to boost new supply to match demand, according to experts.

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1 min  |
January 02, 2025
Mint New Delhi

'Air India will raise its global coverage'

Air India has covered a lot of ground since privatisation and its global coverage will further increase in the years ahead, the airline's chief Campbell Wilson said.

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1 min  |
January 02, 2025
Mint New Delhi

Sasan Power pays $150 mn to IIFCL

Reliance Power on Wednesday said its arm Sasan Power Ltd has made a bullet payment of $150 million to IIFCL, UK, fulfilling its debt obligation on 31 December 2024.

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1 min  |
January 02, 2025
Mint New Delhi

'Qcomm will rival ecomm in 2025'

The quick commerce industry will reach a stage in 2025 where it will be comparable to traditional e-commerce giants like Amazon and Flipkart, Zepto co-founder and chief executive officer Aadit Palicha has asserted.

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1 min  |
January 02, 2025
Mint New Delhi

Centre, states collect gross GST revenue of ₹1.76 tn in Dec

This was the lowest collection in 3 months but showed a rise of 7.3% from last year

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1 min  |
January 02, 2025
Mint New Delhi

SEC Writes Off $10 Billion in Fines It Can't Collect

Paul Bilzerian has been on the run from the Securities and Exchange Commission for so long that he now owes the agency $180 million with interest—almost three times what a court initially ordered him to pay.

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4 mins  |
January 02, 2025
Mint New Delhi

The Five Biggest Roadblocks to Trump's Immigration Agenda

Donald Trump will confront funding, legal challenges to turn campaign rhetoric into policy

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5 mins  |
January 02, 2025
Mint New Delhi

Cease-fire deal between Hamas and Israel likely to elude Biden

Cease-fire talks between Palestinian militant group Hamas and the Israeli government have hit an impasse in recent days, Arab mediators said, making any deal unlikely before the end of the Biden administration.

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3 mins  |
January 02, 2025
Mint New Delhi

Overseeing audit: NFRA inches ahead of ICAI in regulatory turf

NFRA having the sole mandate on public interest entities will ensure there are no conflicting rulings

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2 mins  |
January 02, 2025
Mint New Delhi

Drug firms amp up hiring for top roles as growth beckons

West's diversification out of China, upcoming change of law in US set stage for growth

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2 mins  |
January 02, 2025
Mint New Delhi

Small-film producers split streaming rights to maximize revenue

Platforms are also striking deals based on how many new subscriptions they hope to build from a title

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2 mins  |
January 02, 2025
Mint New Delhi

MFIN defers capping lenders

Microfinance Industry Network has reduced the number of lenders per borrower to 3, now effective 1 April

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2 mins  |
January 02, 2025
Mint New Delhi

Telcos' Q2 revenue rises to ₹91,426 cr on tariff hike boost

Telecom operators' gross revenue increased 10.5% year-on-year (y-o-y) to ₹91,426 crore in the September 2024 quarter—the period when mobile service providers increased tariff, according to a Trai report.

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1 min  |
January 02, 2025
Mint New Delhi

Rupee new worry for paint cos

Losing sheen

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2 mins  |
January 02, 2025
Mint New Delhi

Will Ola Electric Mobility's motorcycle bet pay off?

Ola Electric Mobility Ltd's stock has fallen by nearly 10% after it said on 25 December that it would expand its network to 4,000 outlets from 800 to improve customer service.

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2 mins  |
January 02, 2025
Mint New Delhi

Trade finance in local currency up in Asia Pacific

Given the rate gaps, there is a preference for using yuan or yen as financing currencies, says JPMorgan's Zhang

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2 mins  |
January 02, 2025
Mint New Delhi

Should you avoid metal stocks in 2025?

Hindustan Zinc fell 32% in the past six months, while SAIL and Hindustan Copper fell 24% and 23%

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2 mins  |
January 02, 2025
Mint New Delhi

Kati Patang to buy, incubate small alcohol biz to expand

Kati Patang has raised ₹25 cr year-to-date and additional ₹10 cr from existing investors from a share-swap deal

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3 mins  |
January 02, 2025
Mint New Delhi

Alibaba to sell Sun Art Retail to DCP Cap for $1.6 bn

Alibaba Group Holding Ltd agreed to sell its shares in Sun Art Retail Group Ltd to private equity firm DCP Capital, unloading another high-profile physical commerce asset to focus on its core online business.

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1 min  |
January 02, 2025
Mint New Delhi

The Visas Dividing MAGA World Help Power the U.S. Tech Industry

Behind the uproar over the H-1B visa is a simple fact: America's tech industry is hooked on imported labor.

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2 mins  |
January 02, 2025
Mint New Delhi

Mswipe Eyes International Market for Higher Margins

The payments fintech will enter Malaysia, Nepal, the UK and other markets to boost its biz

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3 mins  |
January 02, 2025
Mint New Delhi

Judicial efficiency: Case clearance outstrips backlog for the first time

In a first across Indian courts, the number of cases disposed of in a year is higher than the number of cases pending, according to data from the National Judicial Data Grid (NJDG).

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2 mins  |
January 02, 2025
Mint New Delhi

Meteorological dept says 2024 was India's hottest yr since 1901

The year 2024 was the warmest on record in India since 1901, with the average minimum temperature settling 0.90 degrees Celsius above the long-period average, the IMD said on Wednesday.

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1 min  |
January 02, 2025
Mint New Delhi

Commercial LPG, ATF prices lowered

ATF prices were cut on Wednesday after they were increased for two consecutive months

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1 min  |
January 02, 2025
Mint New Delhi

Govt Clears ₹69,515 Cr Crop Insurance Outlay

The cabinet promised to keep prices of DAP stable at ₹1,350 per 50kg bag

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2 mins  |
January 02, 2025
Mint New Delhi

Intel's Grim Lesson for Boeing: Sometimes Mr. Fix-It Is Too Late

One day, fickle investors are applauding business-school alumni for paying big dividends and slashing costs. The next, they're demanding that engineers take over to make up for lost innovation.

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3 mins  |
January 01, 2025
Mint New Delhi

Crypto Has an Ally in the White House. What's Ahead for Digital Currencies in 2025

Crypto die-hards are anticipating a golden age for digital assets under President-elect Donald Trump.

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3 mins  |
January 01, 2025
Mint New Delhi

Beijing Pushes to Use China-Made Chips in Its Electric Vehicles

Not long ago, almost all the chips in Chinese cars relied on manufacturing by foreign firms

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4 mins  |
January 01, 2025
Mint New Delhi

Will the Guardrails of US Democracy Hold?

America's democratic institutions withstood, if only barely, Donald Trump's first presidency, but will they do so again?

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4 mins  |
January 01, 2025