CATEGORIES

Thursday set for big move as option traders pile up huge bets
Mint Mumbai

Thursday set for big move as option traders pile up huge bets

Market sentiment turned extremely bearish, coinciding with US Fed policy and ahead of the weekly Nifty expiry on Thursday, as traders sold a record value of market-wide calls relative to put options.

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1 min  |
December 19, 2024
Mint Mumbai

Dalmia Bharat on tough terrain as sectoral woes hurt

As the cement sector struggles with muted prices, some firms may feel more heat than others.

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1 min  |
December 19, 2024
Mint Mumbai

One Mobikwik up 90% on debut

The stock began the trade at ₹442.25, reflecting a jump of 58.51% from the issue price on the BSE

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1 min  |
December 19, 2024
Shriram Fin raises $1.28 bn in record offshore loan
Mint Mumbai

Shriram Fin raises $1.28 bn in record offshore loan

The loan adds to this year's rush of offshore debt sales by Indian shadow lenders after RBI tightened rules

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1 min  |
December 19, 2024
Rupee hits new low of 84.96 on merchant dollar bids
Mint Mumbai

Rupee hits new low of 84.96 on merchant dollar bids

The Indian rupee hit its all-time low on Wednesday, pressured by strong dollar demand from importers and likely outflows from local equities, while intervention by the Reserve Bank of India curbed losses, traders said.

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1 min  |
December 19, 2024
RBI dials down on NDFs to fight dollar
Mint Mumbai

RBI dials down on NDFs to fight dollar

The central bank has started to rein in its ballooning non-deliverable forwards (NDFs) book, according to people familiar with the matter, shifting away from one of its key tools to push back against the strong dollar.

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1 min  |
December 19, 2024
GIC picks majority stake in Asia Healthcare
Mint Mumbai

GIC picks majority stake in Asia Healthcare

GIC will invest an additional $150 million in Asia Healthcare Holdings ahead of a potential initial public offering

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2 mins  |
December 19, 2024
Mint Mumbai

Sorenson, others put in $30 mn into Bureau

Bureau, a business-to-business (B2B) focused identity verification and fraud protection platform, has raised $30 million in Series B funding led by American venture capital firm Sorenson Capital, a top executive told VCCircle on Tuesday.

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1 min  |
December 19, 2024
Welspun One plans to raise ₹4,000 cr
Mint Mumbai

Welspun One plans to raise ₹4,000 cr

Logistics and industrial real estate manager and developer Welspun One on Wednesday said it plans to raise ₹4,000 crore to double its portfolio size to 32 million sq. ft by 2028 from the current 16 million sq. ft.

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1 min  |
December 19, 2024
GSV Ventures looks to invest in Indian edtech firms in 2025
Mint Mumbai

GSV Ventures looks to invest in Indian edtech firms in 2025

The company had invested about $90 million in over 10 Indian startups till February 2023

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2 mins  |
December 19, 2024
GDP growth to accelerate to 6.6% in FY26: India Ratings
Mint Mumbai

GDP growth to accelerate to 6.6% in FY26: India Ratings

India Ratings and Research on Wednesday said that the country's economic growth is likely to accelerate to 6.6% in the financial year starting 1 April, from 6.4% it has projected for FY25.

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1 min  |
December 19, 2024
Agri loan limit hike may ease bank stress
Mint Mumbai

Agri loan limit hike may ease bank stress

The RBI has notified banks to waive collateral security, margin requirements for agri loans up to ₹2 lakh per borrower

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2 mins  |
December 19, 2024
Bomb threats: Govt amends aircraft security rules
Mint Mumbai

Bomb threats: Govt amends aircraft security rules

Against the backdrop of the recent spate of hoax bomb calls targeting airlines, the government has amended the aircraft security rules whereby perpetrators can face penalties and could even be barred from flying.

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1 min  |
December 19, 2024
Tax relief for cos: SC says small coconut oil packs are edible oil
Mint Mumbai

Tax relief for cos: SC says small coconut oil packs are edible oil

The Supreme Court (SC) on Wednesday ruled that coconut oil in small bottles of up to 200ml should be classified as edible oil for taxation purposes, resolving a 15-year-long legal dispute between the excise department and manufacturers.

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1 min  |
December 19, 2024
Karnataka's planned mineral tax stumps iron ore miners
Mint Mumbai

Karnataka's planned mineral tax stumps iron ore miners

NMDC, Vedanta, Sandur—largest operators of pre-auction-era mines in state—to face brunt

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2 mins  |
December 19, 2024
PSUs lock horns with pvt firms for IIT talent
Mint Mumbai

PSUs lock horns with pvt firms for IIT talent

India's state-run companies are going head-to-head with private tech to consulting giants to snap up talent from the nation's top engineering colleges this year, reflecting the desire among government-owned firms to strengthen and diversify their employee pool.

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2 mins  |
December 19, 2024
Tough rules on SME IPOs, insider trades
Mint Mumbai

Tough rules on SME IPOs, insider trades

Sebi sets bigger IPO application amounts, profit criteria for SMEs

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3 mins  |
December 19, 2024
Trump's trade policies: High on disruption and low on benefits
Mint Mumbai

Trump's trade policies: High on disruption and low on benefits

Tariffs could push up the dollar while an attempt to reduce the US trade deficit could squeeze the liquidity needed by others

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3 mins  |
December 18, 2024
Give anonymized medical data an extra privacy shield
Mint Mumbai

Give anonymized medical data an extra privacy shield

Anonymizing health records will help but for the best use to be made of data bases, we need to go further

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4 mins  |
December 18, 2024
The worldwide chip sector is still woefully short of women
Mint Mumbai

The worldwide chip sector is still woefully short of women

Diversity drives innovation and reduces the risks of groupthink

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3 mins  |
December 18, 2024
China mustn't starve its economy of information
Mint Mumbai

China mustn't starve its economy of information

China's economic slowdown seems to have caused anxiety in Beijing over popular unrest, but attempts to keep bad news away from people could prove self-defeating for the regime

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2 mins  |
December 18, 2024
Mint Mumbai

Is Google's Willow a 'wow' moment for quantum tech?

Even if the hype is ignored, it's clear that digital encryption is at risk and perhaps also crypto assets

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3 mins  |
December 18, 2024
Mint Mumbai

RBI's new governor has a tricky old trilemma to confront as well

Policy under Malhotra will also need to consider complexities of capital flows and the rupee's value

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3 mins  |
December 18, 2024
INSIDE ELON MUSK'S PRESCHOOL DREAM
Mint Mumbai

INSIDE ELON MUSK'S PRESCHOOL DREAM

The school, Ad Astra seems to have been designed with the children of Elon Musk's employees—if not Musk's own offspring—in mind

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6 mins  |
December 18, 2024
Here's how you can sell your house with a pending loan
Mint Mumbai

Here's how you can sell your house with a pending loan

A guide to handling loan transfers, navigating the paperwork, approvals, costs and timelines

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4 mins  |
December 18, 2024
Mint Mumbai

Sebi's MF Lite norms unveiled: What you must know

Securities and Exchange Board of India (Sebi) has notified Mutual Fund (MF) Lite regulations, allowing fund houses focusing only on passively managed schemes to get a licence with less stringent criteria.

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1 min  |
December 18, 2024
ULTIMATE GUIDE TO MAINTAINING GOOD CREDIT PROFILE
Mint Mumbai

ULTIMATE GUIDE TO MAINTAINING GOOD CREDIT PROFILE

Having a mix of credit products can be good for your score but if you don't need one, don't apply

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3 mins  |
December 18, 2024
Selling co-owned property in India: What NRIs need to know
Mint Mumbai

Selling co-owned property in India: What NRIs need to know

I moved to New Zealand a few years ago and became a citizen. Before marriage, I purchased a property in Varanasi with my father as a co-owner.

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2 mins  |
December 18, 2024
Mint Mumbai

PTC India rejects Mishra as director

PTC India's board has decided not to induct the company's Rajib Kumar Mishra as a director or CMD of the firm, as per a regulatory filing.

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1 min  |
December 18, 2024
₹1.46 tn investment in 14 PLI sectors
Mint Mumbai

₹1.46 tn investment in 14 PLI sectors

The government on Tuesday said investment of ₹1.46 trillion have been realised, resulting in incremental production and sales of over ₹12.50 trillion across 14 PLI sectors till August this year.

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1 min  |
December 18, 2024