CATEGORIES

Aircel's promoter ordered to pay IDBI

A London court has ruled in favour of IDBI Bank, directing a firm linked to former Aircel promoter Chinnakannan Sivasankaran to pay $143.7 million (about ₹1,250 crore) towards principal and interest on a defaulted loan.

Home sale tax: What returnees must know

I've worked outside India for 12 years but I will be relocating back to India in April for better opportunity at an MNC.

Paytm Violated Forex Norms: ED

India's financial crime-fighting agency said on Monday its investigation revealed that payment services provider Paytm and its units had violated the country's Foreign Exchange Management Act to the tune of ₹611 crore ($70.00 million).

Centre to ensure six months of supplies of TB drugs to states

The government is working on a plan to ensure that states and Union Territories (UT) have, at any given time, stocks of tuberculosis (TB) drugs and diagnostic kits that last at least six months, as India aims to eliminate the infectious respiratory disease by the end of this year.

Goyal Heads to the US as Trump's Tariffs Loom

Commerce and industry minister Piyush Goyal started on a trip to the US on Monday to pursue trade talks, two government officials said, with weeks to go for President Donald Trump's planned reciprocal tariffs.

AGEL Refinances Construction Loan

Adani Green Energy Ltd (AGEL) on Monday announced it has refinanced its maiden construction facility, having outstanding debt of $1.06 billion with long-term financing.

BigBasket Eyes IPO in 2 Years

BigBasket is planning to go public in the next 18 to 24 months, its CEO said, as the Tata Group-backed grocery giant seeks to tap surging demand for quick online deliveries of everything from fruits to Apple iPhones.

Long-haul investors play a heroic supporting role

The PE ratio of a stock market index going below its 10-year rolling average could be a 'buy' signal if this metric's long uptrend was driven mostly by profit prospects and patient capital

'Steel demand will continue to grow'

Tata Sons chairman N. Chandrasekaran on Monday said the demand for steel will continue to grow irrespective of the prevailing global geo-political situation.

A bank for welfare transfers can fix India's KYC crisis

KYC rules are locking out millions of DBT beneficiaries and depriving them of welfare provisions

Beverages are overtaxed: Relief would result in economic gains

Let's ease their tax burden to push informal players back and boost legitimate business prospects

NBFCs Can Invest in Security Receipts

Securities and Exchange Board of India (Sebi) allowed all non-banking financial companies (NBFC), including housing finance companies (HFC), to invest in security receipts (SRs) issued by Asset Reconstruction Companies (ARCs), move aimed to encourage investments in the bad loans space.

India, Belgium explore cooperation

India and Belgium on Monday discussed the possibility of bilateral maritime security cooperation in the Indo-Pacific and looked at ways to enhance defence industrial ties.

Tata Motors' EV Sales Slump in Feb, 9th Time in 11 Months

Automaker blames the slide on the withdrawal of a government incentive

Fix uneven hips and posture with these simple exercises

It's natural for hips to be slightly uneven. Mint explores the reasons and finds easy workouts to strengthen them

Mfg PMI at 14-month low in Feb

Slowing output Manufacturing PMI in Feb fell to 56.3.

PMI: Mfg fireworks missing in Q4

Low energy Pace of business activity in India's manufacturing sector hit a multi-month low in February, hurting confidence.

Supreme Court could settle dispute over NFRA's working

The National Financial Reporting Authority (NFRA) has moved the Supreme Court seeking affirmation that its internal structure complies with the law after a Delhi high court January order quashed notices sent to auditors of two IL&FS group entities, Deloitte Haskins & Sells LLP and SRBC & Co. LLP, saying there is no separation between the regulator's audit quality review and adjudication functions, said two people in the know, seeking anonymity.

Peak XV's seed platform Surge expands its global footprint

Early-stage venture capital firm Peak XV's seed platform Surge has seen its global footprint expand to markets such as Australia, China, the UK, and the US, according to a top company executive.

Bangladesh Has No Option But To Have Good Ties With India

India-Bangladesh ties hit a new low after the collapse of Sheikh Hasina's government

VW seeks to boost brand in India

German automobile maker Volkswagen will be driving in its two globally acclaimed performance models Golf GTI and Tiguan R-line in India as part of its steps to enhance brand positioning in the country, a senior company official said on Monday.

Schaeffler India's growth needs to justify rich valuation

Precision in performance

Building a culture where workers speak their mind

Hyundai's Tarun Garg on the importance of clear communication

Greater Focus Is A Must To Protect The Environment

The \"air-conditioned city\" suffered from 35°C in February, which is unheard of

Apple-UK: Privacy May Not Be a Top Priority for Its Customers

The company's stance in the UK is admirable but may not pay off

'Adani revives US investment plans'

Adani Group has revived plans for major infrastructure investments in US, where Gautam Adani has been charged with bribery, the Financial Times reported Sunday.

Chhattisgarh in production talks with US, Russian defence firms: CM

Chhattisgarh is courting defence firms from Russia and the US to set up manufacturing units in the state under its new industrial development policy 2024-30, as it looks to position itself as a key player in India's defence supply chain.

Who pays taxes on interest earned from gifted PPF savings?

My wife's PPF will mature in April. She wants to transfer ₹23 lakh to my senior citizen savings account and the balance ₹7 lakh to our daughter.

Hindustan Zinc to double metal mfg

Vedanta Group firm Hindustan Zinc aims to double its metal production to two million tonnes per annum (mtpa) within the next five years, chairperson Priya Agarwal Hebbar said.

Centre approves 97% of special assistance funds for states

The Centre has approved nearly 97% of the amount allocated to states under the Special Assistance scheme, which provides interest-free loans for 50 years to states, during the first 10 months of the ongoing fiscal year, two people aware of the matter told Mint.