CATEGORIES

Mint Kolkata

Air India seeks to extend its premium lead over IndiGo

AI plans to expand the business and premium economy offerings to 100 narrow-body aircraft

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2 mins  |
January 03, 2025
Mint Kolkata

Ex-Maoists Get Capitalist Hug With Lloyd Metals' ESOP Issue

Recently, Lloyd looked to share ownership with its blue-collar workforce via stock options

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3 mins  |
January 03, 2025
Mint Kolkata

Bollywood actors dabble with niche roles to prove versatility

Top Bollywood stars were quite experimental in their choice of films in 2024, but without much success in their endeavours. They only ended up denting annual box office collections.

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1 min  |
January 03, 2025
Mint Kolkata

Manufacturing PMI

In Sep quarter, India's GDP growth slid to a seven-quarter low of 5.4% amid the manufacturing slump

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1 min  |
January 03, 2025
Mint Kolkata

Sebi merges probes on Zee, Goenka, Chandra

The capital market regulator clubbed proceedings on Thursday against Zee Entertainment Enterprises Ltd (ZEEL), its chief executive Punit Goenka and former chairman Subhash Chandra over allegations of fund diversion and violation of disclosure requirements.

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1 min  |
January 03, 2025
Mint Kolkata

BharatPe hires Rothschild to sell up to 25% stake in Unity SFB

BharatPe turned Ebitda positive in 2024, recording consolidated revenue from ops of ₹1,426 crore in FY24

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2 mins  |
January 03, 2025
Mint Kolkata

Heritage to grow beyond South, boost value-added dairy items

Heritage Foods plans to expand beyond South India, where it draws the bulk of its revenue from, and launch more value-added products as demand for such items grows, a top official of the Hyderabad-based dairy company said.

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1 min  |
January 03, 2025
Mint Kolkata

EV players, Goyal to meet today, discuss infra-related issues

The government plans to install 10,763 public charging stations across the country under the FAME-II scheme

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1 min  |
January 03, 2025
Mint Kolkata

iBus eyes ₹2,000 cr in revenue, bets on digitization of buildings

Bengaluru-based iBus Networks is aiming for a revenue of ₹2,000 crore in the next four to five years, with Ebitda (earnings before interest, taxes, depreciation and amortization) of ₹500 crore, as it looks to become an infrastructure tech company by offering digital solutions for last-mile connectivity.

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1 min  |
January 03, 2025
Mint Kolkata

M&M, Tata Motors ride EVs to become first to win auto PLI

Govt okays ₹246 crore to be disbursed to the two firms—first since scheme was launched

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2 mins  |
January 03, 2025
Mint Kolkata

Office rentals to rise as demand surges

Mindspace REIT CEO Nair also expects interest rates to ease, paving the way for higher growth

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2 mins  |
January 03, 2025
Mint Kolkata

Banks Push RBI for FX Swap Amid Liquidity Crunch

Such operations could effectively inject rupee liquidity into the financial markets

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1 min  |
January 03, 2025
Mint Kolkata

Indo Farm IPO gets subscribed 228x times

The initial public offering (IPO) of Indo Farm Equipment garnered a whopping 227.57 times subscription on the closing day of bidding on Thursday.

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1 min  |
January 03, 2025
Mint Kolkata

Euro falls to weakest versus dollar since 2022 amid US tariff concerns

Expectations are European Central Bank will cut interest rates more aggressively than the Federal Reserve

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2 mins  |
January 03, 2025
Mint Kolkata

Market correction gives opportunities to buy, but valuations still high

The market is currently showing some signs of recovery, rebounding roughly 4% from its trough

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2 mins  |
January 03, 2025
Mint Kolkata

Rupee expected to further weaken vs dollar in coming months

The rupee is expected to further weaken in the coming months as Trump's presidency strengthens the dollar, at least in the near term, experts said, adding that the central bank's interventions in the currency market are likely to ease.

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2 mins  |
January 03, 2025
Mint Kolkata

Maruti's small cars revving again

Maruti Suzuki India Ltd's sales volume update for December sprung a positive surprise on small, entry-level cars, which saw 29% year-on-year growth to 62,324 vehicles.

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2 mins  |
January 03, 2025
Mint Kolkata

Zaggle Eyes Three Acquisitions by Mar '26 to Fuel Growth

Zaggle Prepaid Ocean Services Ltd has zeroed in on three acquisition targets, a top executive told VCCircle, as the software-as-a-service fintech company looks to accelerate business growth after going public in late 2023.

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2 mins  |
January 03, 2025
Mint Kolkata

Nvidia's Market Value Gets $2 Trillion AI Boost in '24

Nvidia emerged as the biggest global gainer in market capitalization for 2024, driven by surging interest in artificial intelligence (AI) and the robust demand for its AI-centric chips across various industries.

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1 min  |
January 03, 2025
Mint Kolkata

Transactions via UPI up 8% in Dec: NPCI

Transactions through the popular Unified Payments Interface (UPI) touched a record 16.73 billion in December, recording a growth of 8% over the preceding month, according to data released by the National Payments Corporation of India (NPCI).

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1 min  |
January 03, 2025
Mint Kolkata

How UPI access will make digital wallet users' life easier

The initiative aims to incorporate PPIs into the UPI ecosystem to improve interoperability between players

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2 mins  |
January 03, 2025
Mint Kolkata

Ranjan Pai's family office plans medtech platform

Claypond Capital, the family investment office of Manipal Hospitals head Ranjan Pai, is creating a medtech platform to bet on medical devices and medical technology companies, VCCircle has learnt.

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1 min  |
January 03, 2025
Mint Kolkata

After US, India faces most cyber attacks

India emerged as the second most targeted nation in terms of cyberattacks in the world as 95 Indian entities came under data theft attacks in 2024, cyber intelligence firm CloudSEK said in a report.

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1 min  |
January 03, 2025
Mint Kolkata

CCI's Apple Probe Confirms Anti-Competitive Practices

CCI will share the confidential version of its report with Apple to enable them to prepare

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2 mins  |
January 03, 2025
Mint Kolkata

Employment rose 36% to 643.3 mn in past 10 yrs: Minister

Union labour minister Mansukh Mandaviya on Thursday said employment in the country has increased by 36% to 643.3 million in 2023-24 from 471.5 million in 2014-15, which shows improvement in job creation during NDA period.

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1 min  |
January 03, 2025
Mint Kolkata

Apex drugs regulator proposes steps to check spurious drugs

The Central Drugs Standard Control Organisation (CDSCO) plans to further tighten the screws this year on those making and selling spurious and substandard medicines, a widespread problem in India.

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1 min  |
January 03, 2025
Mint Kolkata

Mkt leaders urge FM to take steps to improve liquidity

Industry leaders from the capital market and financial sector urged measures to boost liquidity in the market and cut taxes on fixed deposit products in pre-budget consultations with finance minister Nirmala Sitharaman on Thursday.

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1 min  |
January 03, 2025
Mint Kolkata

Dumping duty feared to delay projects

India doesn't have considerable solar glass production capacity and is dependent on imports

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2 mins  |
January 03, 2025
Mint Kolkata

Centre sets up panel to reset current WPI series' base year

The move aims to make estimation of economic output adjusted for inflation more accurate

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2 mins  |
January 03, 2025
Mint Kolkata

Smart gnomes, evil penguins and stop-motion

Wallace & Gromit are back for a full-length adventure with a familiar foe

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2 mins  |
January 02, 2025