CATEGORIES

SoftBank's Arm files for 2023's biggest IPO

The tech firm is expected to seek a valuation of $60 billion to $70 billion

'India not an emerging market for Porsche'

German sports car maker Porsche AG is doubling down on building its India presence, finding investor partners and becoming a relevant brand for the “young country\", as a new crop of Indians look for supercar brands with a sustainable story, according to Detlev von Platen, a member of the company’s executive board

'TV9 Network's journey is about complete disruption'

Barun Das, who joined the TV9 Network in August 2019 as its CEO, has turned around a small, loss-making news network, into a profitable venture with both TV and digital operations.

Automakers ready for crash testing under Bharat NCAP

Adult and child occupant safety is rated based how a PV performs in a crash test at 64 kmph

SAT denies Eros plea against Sebi order

The Securities Appellate Tribunal (SAT) on Tuesday refused to interfere with Securities and Exchange Board of India(Sebi)’s actions against Eros International for alleged misrepresentation and diversion of funds

SC to decide on Sebi's conflicting directives

SAT had criticized Sebi for not following consistent approach in all cases

Jio Fin to exit all BSE indices on 29 August

Leading stock exchange BSE on Tuesday postponed the removal of Jio Financial Services Ltd, the demerged non-banking financial services unit of Mukesh Ambani-led Reliance group, from all the S&P BSE Indices to 29 August

Profectus Capital sees loan book at ₹4,500 crore this fiscal

Non-bank financier Profectus Capital, which lends to small businesses, wants to fund newer areas aligned to the government's incentivized local manufacturing scheme and grow its book to ₹4,500 crore by end of this fiscal, chief executive officer K.V.Srinivasan said

Narayana Group seeks debt from GIC, others

Target to raise up to ₹1,400 cr; funds mostly to finance PE investors' exit

Banks crowd RBI window as CRR measure sparks deficit

Lenders borrow nearly ₹90,000 crore from RBI's MSF window, the highest in a decade

Crude import costs down 35%, creates room to cut fuel prices

India's oil import bill declined 35.3% during the first four months of FY24 due to easing crude oil prices over the past year

India, Iran drop arbitration clause for Chabahar port

India and Iran have agreed not to seek commercial foreign arbitration for disputes between users and operators at Chabahar Port, paving the way for the two sides to sign a longterm deal for the development of the strategic port, two persons aware of the development said

How to keep planet Earth alive and well

At the COP27 Summit in Sharm El-Sheikh, Egypt, in November, UN Secretary-General António Guterres painted a sobering picture of the global climate trajectory

'Beware of fake weight loss drug'

Counterfeit versions of a diabetes drug, also used to treat weight loss, are making the rounds in India, prompting drug regulators to warn doctors, chemists and patients about their purchase and consumption

India adopts Bharat NCAP for safe roads

The government, in partnership with London-based Global NCAP, will introduce the Bharat New Car Assessment Programme (BNCAP) crash testing standards for vehicles starting 1 October to enhance road safety in India, a nation with some of the world’s deadliest roads

PharmEasy plans 3,500 cr rights issue next week

Omnichannel pharmacy chain PharmEasy will raise ₹3,500 crore through a rights issue next week, multiple people aware of the development said, helping it repay a big chunk of its loans to Goldman Sachs

Parboiled rice may attract export levy

Govt is also weighing MEP of $1,250 per tonne for basmati rice

Brics & Mortar: Time To Rebuild The Grouping?

Prime Minister Narendra Modi will be in Johannesburg for the Brics leaders’ summit, starting today. The five-nation grouping will meet amid disagreements on expansion and a common currency. Questions persist over the bloc’s relevance, too. Mint explains:

Caratlane: Anatomy Of A Glittering Exit

Mithun Sacheti gets a dream exit from the only profitable startup in the Tata group stable

Central Banks May Need Greater Flexibility In Targeting Inflation

Cost-of-living readings are likely to stay volatile in the years ahead and so monetary policy targets might require revision

Russia's Moon Failure Dent To Its Space Partnership With China

The crash of Russia's Luna-25 spacecraft into the moon over the weekend isn't just a setback for President Vladimir Putin's ambitions to overcome war-related sanctions.

Why Young Women Are Prioritizing Fitness

An increasing number of women over 30 years are opting for an active lifestyle, owing to a shift in mindset that believes 'self-care is not selfish'

Why it may be a good idea to introduce junior to yoga

From improved flexibility to enhanced motor skills and calmness, yoga offers a multitude of benefits for young kids

Hamstring injuries and how to avoid them

If you play a sport that involves running, take care of your hamstring

Manufacturing hub ambitions aren't served by statist policies

The circuit board assembly, camera module, touch-screen display and glass cover account for three-fourths of the bill-of-materials cost of a smartphone.

We face hard options on the BRICS architecture

India must resist Beijing's attempts to use this platform to advance its geopolitical agenda as the world turns increasingly bipolar. New Delhi should retain its space to manoeuvre

China cuts key interest rate as economy slows

Financial troubles in the real estate sector pose a major obstacle to growth

Small OTT apps in a fix over Play Store policy

Regional and niche streaming platforms face risks from policy change

'Hero Future may go public in the next market upcycle'

Hero Future Energies will look at several options to raise funds over the next two-three years, including the launch of an initial public offering (IPO), chairman and managing director (CMD) Rahul Munjal said.

L&T to produce speciality pipes for Australian firm

Construction major Larsen and Toubro Ltd (L&T) has inked a manufacturing deal with Saipem and Clough JV for producing and supplying pipe-rack modules for Perdaman Chemicals and Fertilisers’ 2.3 million metric ton per annum urea facility in Australia.