Mint Bangalore - January 07, 2025Add to Favorites

Mint Bangalore - January 07, 2025Add to Favorites

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January 07, 2025

House panel to review CDSCO's performance in curbing spurious drugs

The government has also made it mandatory for 300 lifesaving drugs to have quick response codes

1 min

India eyes $107-bn pvt capital to widen grid

India is asking states to attract more private capital to accelerate the expansion of its power transmission network, part of a plan to revamp the country's grid and accommodate more clean power.

1 min

Services sector growth at 4-month high

Manufacturing growth slowed to a 12-month low in December amid a softer increase in factory orders and production

2 mins

Green MSME policy for tech, financial aid likely in budget

A body would be created under the MSME ministry to oversee implementation of the policy

2 mins

Finally, US nuclear ties with Indian cos

India and the US have been discussing the supply of US nuclear reactors to India since the mid-2000s

1 min

Airtel, VI Sell Holdings in Wi-Fi JV Firefly

Telecom operators Bharti Airtel and Vodafone Idea have sold their entire stake in Wi-Fi infrastructure company Firefly Networks to iBus Network and Infrastructure for ₹9 crore, the telcos said in separate regulatory filings on Monday.

1 min

Warburg Pincus Names Two MDs to Expand India Team

Private equity firm Warburg Pincus, which was one of the most active PE investors in India in 2024, has expanded its leadership team in the country by appointing two new managing directors.

1 min

D2C brands seek alternative financiers as Q-comm surges

Alternative financing models offer quick access to capital without diluting equity

3 mins

Crafting Bharat: Deep-tech edition—Speciale Invest shaping the deep-tech venture capital landscape

In a world increasingly driven by innovation and technological breakthroughs, India is carving its place at the forefront of transformative solutions.

3 mins

Funding in space industry of India falls 55% in 2024

Funding in India's space sector, a key part of the country's ambitions to become a global superpower, plummeted by 55% in 2024 to $59.1 million from $130.2 million the previous year, according to data from market intelligence platform Tracxn.

1 min

Morgan Stanley Lowers Hopes for India Bond Inflows

Foreign ownership of FAR bonds increased from 3.5% to 6% of the outstanding amount in 2024

1 min

For RBL Bank, credit cost is more important than growth

RBL Bank stock lost 40% of its value in 2024, and that had very little to do with the growth in advances and deposits. Instead, it was all about the asset quality issues.

1 min

IT: Focus on commentary, not Q3

Low hopes

2 mins

Will FIIs Return to Indian Market in 2025?

Robust SIP inflows and strong retail participation in broader markets are bolstering DII resilience

3 mins

India Inc on the alert as HMPV cases rise in Asia

Health ministry will increase testing for HMPV as precautionary measure

2 mins

SC shifts e-comm cases to Karnataka HC

The Supreme Court has transferred to the Karnataka High Court (HC) all petitions challenging the Competition Commission of India's (CCI's) probe into alleged anti-competitive practices by e-commerce giants Amazon and Flipkart.

2 mins

NCLAT to hear Meta's plea against CCI fine

CCI asked Meta to pay ₹213 crore fine for abusing its dominant position in relation to the 2021 policy update of WhatsApp

1 min

Wipro veteran quits for CEO role at smaller firm

Rajamani's departure marks yet another exit since Wipro appointed Pallia as the firm's CEO in April last year

1 min

Disney's Hulu + Live TV biz to merge with smaller rival Fubo

Walt Disney Co said on Monday it would merge its Hulu + Live TV business with smaller rival Fubo TV in a deal that also potentially clears the way for the launch of its sports streaming venture with Fox Corp. and Warner Bros Discovery.

1 min

Nippon, US Steel Sue Biden Order Blocking Acquisition

US Steel and Nippon Steel have filed a lawsuit against US President Joe Biden's order that blocked the $14.9 billion buyout of the American steelmaker by the Japanese company, they said on Monday.

1 min

Kidfluencers on a Timeout as Rules Force Industry Rethink

Draft personal data rules turn brands hesitant to partner with underage influencers

2 mins

Studios Tap OTT Creators Amid Box Office Slowdown

Such deals are good for business as production houses are cash-starved and new-age firms seek recognition

1 min

Reliance Takes On Tata, PepsiCo With ₹10 Raskik Hydration Drink

RCPL Forays Into The Hydration Segment With The Launch Of ₹10 Raskik Gluco Energy Drink, Eyes Mass Market

2 mins

Intel's chips are down. Its problems are even worse than you've heard

AMD and others are making huge inroads into Intel's bread-and-butter business of making the world's most cutting-edge central processing units

6 mins

Israel's Red Sea conundrum: Hit the Houthis or Iran

Over the past year, Israel's military has proved adept at taking down threats to the country's security.

5 mins

U.S. to ease aid restrictions for Syria in limited show of support for new government

The Biden administration plans to announce Monday it is easing restrictions on humanitarian aid for Syria, a move to speed delivery of basic supplies without lifting sanctions that block other assistance to the new government in Damascus.

2 mins

Mercedes Names New India CFO

German luxury carmaker Mercedes-Benz on Monday said Emrah Ozer has been appointed as its chief financial officer (CFO) for its Indian operations as part of an organisational change in its finance and controlling function effective since 1 January 2025.

1 min

Canadian PM Justin Trudeau resigns

Trudeau had been facing rising discontent over his leadership.

1 min

Institutional funds in housing up 46%

India's housing market attracted an institutional investment of $1.15 billion last year; it was 46% higher annually, as investors looked to encash strong demand for residential properties, according to real estate consultant Colliers India.

1 min

Centre raises alarm on adverse reaction of beta blocker drugs

This is important as doctors widely prescribe the beta blocker medication

1 min

Akzo Nobel aims to sell R&D operations

Paints and coatings maker Akzo Nobel India Ltd on Monday said its board has approved exploring the sale of its powder coatings business and R&D operations to a separate indirect wholly-owned arm, Akzo Nobel NV, following a request by parent firm.

1 min

PM Modi Meets Microsoft CEO

Prime Minister Narendra Modi on Monday expressed happiness at Microsoft's ambitious expansion and investment plans in India following his meeting with the company's chairman and chief executive officer Satya Nadella.

1 min

SGL32 Issues NCDs to Raise ₹2,450 Cr

Power transmission solution provider Sterlite Grid 32 Ltd (SGL32) on Monday announced securing ₹2,450 crore through listed non-convertible debentures (NCDs) to refinance its Mumbai Urja Marg Ltd project.

1 min

ArcelorMittal SA to close long-steel biz

ArcelorMittal South Africa Ltd will close its business that makes long-steel products, potentially affecting about 3,500 jobs.

1 min

Brahmaputra Dam Will Not Impact Water Flows to India: China

China on Monday reiterated its plan to build the world's biggest dam over the river Brahmaputra in Tibet near the Indian border, saying the planned project has gone through rigorous scientific verification and will not have any negative impact on downstream countries—India and Bangladesh.

1 min

SpaDeX docking delayed by 2 days

India postponed by a couple of days on Monday a highly-anticipated space docking experiment that would see it become the fourth country in the world to achieve a feat essential for expanding future deep space exploratory missions.

1 min

Titan expects 24% rise in Q3 revenue

Titan Co. said on Monday it estimated a 24% rise in third-quarter revenue, buoyed by domestic festival demand for jewellery.

1 min

Competitiveness Is The Key To Our Future

Uday Kotak on protectionism, Donald Trump, private capex, Indian fintechs, scams and scandals

9 mins

Hidden costs of buying property: Taxes and fees you just can't avoid

The true cost of homeownership goes beyond the price tag, with taxes, cess and legal fees adding to the expense

4 mins

Simplifying Taxes: Key Challenges for Budget 2025

As the budget season approaches, anticipation grows over how the government will balance growth ambitions and fiscal responsibility.

3 mins

Wartime risk takers shield $830 mn daily trade amid threats

Shipping insurance is offered in London since 1680s, yet the business of selling war cover is now peaking

2 mins

NRI tax mismatch: What's your next step?

In FY24, I, an NRI, earned capital gains on mutual funds (switch in and switch out), which I didn't report in my return.

1 min

Tweaked for flexibility, NPS awaits tax clarity

This funded pension scheme now offers access to low-cost fund management with its option of staggered withdrawals of what was once a lump-sum. Good. Let's keep its taxation benign

2 mins

Rupee depreciation is inevitable but its volatility is not

RBI should restrain its active forex management while the Centre aims to attract more dollars

4 mins

Ten big GenAI developments we saw within the span of a month

Its evolution didn't even pause for a year-end break as the AI wave began turning into a tsunami

3 mins

AIF industry: At risk of death by a thousand circulars

Alternative investment funds generate value but have been dealt a harsh blow by over-regulation

4 mins

Welfare programmes impact the retail prices relevant to people

India must update its inflation metrics to reflect actual consumption expenditure patterns for superior policy formulation

4 mins

Expect Trump's crackdown on immigration to be disruptive

He is far better placed to act swiftly and harshly this time around

3 mins

Now, Tech Tools to Test Cortisol, Soothe Anxiety

A range of tech tools for mental health will be showcased at CES '25 in Vegas

2 mins

This could be the best core exercise you've never done

A modification of the Zercher squat, the 'ab squat' is a dynamic workout that completely engages your core

2 mins

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The business newspaper “Mint” published by one of the leading media houses of India, Hindustan Times, in association with Wall Street Journal. It aims to connect India to the world and the world to India in terms of business, economy, regulation and policies.

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