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Mint Mumbai

Vodafone Idea starts pilot for radio access network tech

Vodafone Idea (Vi) has started a pilot project to deploy commercial Open RAN technology in collaboration with Mavenir, a provider of open radio access network technology.

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1 min  |
February 24, 2024
Mint Mumbai

Yulu raises $19 mn from two investors

Electric mobility startup Yulu has raised $19.25 from existing investors Magna and Bajaj Auto Ltd.

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1 min  |
February 24, 2024
NPCI told to review Paytm's application for UPI services
Mint Mumbai

NPCI told to review Paytm's application for UPI services

Payment service providers in the country need a third party application provider licence

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2 mins  |
February 24, 2024
A $150 billion question: What will Buffett do with all that cash?
Mint Mumbai

A $150 billion question: What will Buffett do with all that cash?

Berkshire's tally of cash and equivalents has marched skyward five consecutive quarters, reaching a record $157.2 billion at the end of September.

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4 mins  |
February 24, 2024
Mint Mumbai

Banks raise costly funds as credit jump beats deposits

The frenzy for credit is forcing banks to issue costly certificates of deposit and tap a central bank window for money, at a time of scarce liquidity and weak deposit growth.

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2 mins  |
February 24, 2024
Expect interest rate to normalize as inflation approaches 4% goal'
Mint Mumbai

Expect interest rate to normalize as inflation approaches 4% goal'

Monetary Policy Committee (MPC) member Jayanth R. Varma, the only member of the six-member panel to call for an interest rate cut at the its February meeting, says he is not worried if the Reserve Bank of India (RBI) announces a rate cut before the US Federal Reserve.

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1 min  |
February 24, 2024
Scramble for CAS sparks pay hikes, retention steps
Mint Mumbai

Scramble for CAS sparks pay hikes, retention steps

In the engine rooms of finance, chartered accountants have always had a special place. Now, they are more valuable than ever before.

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3 mins  |
February 24, 2024
Mint Mumbai

Booster for rooftop solar, power for EVS at home

Quicker installation of rooftop solar projects, dedicated power connections to charge electric vehicles at home, and speedier grant of electric connections to households may be a reality soon, with the government tweaking key rules in this respect.

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1 min  |
February 24, 2024
Go First gets ₹7K cr joint bid from Ajay Singh, Busy Bee
Mint Mumbai

Go First gets ₹7K cr joint bid from Ajay Singh, Busy Bee

SpiceJet boss Ajay Singh and Busy Bee Aviation have submitted a joint ₹7,000 crore rescue plan for bankrupt airline Go First, two people aware of the development said.

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2 mins  |
February 24, 2024
Mint Mumbai

EGM ousts founder, but Byju's unfazed

Investors move NCLT citing mismanagement by co leadership

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2 mins  |
February 24, 2024
India's Economy Surges Further Ahead In February
Mint Mumbai

India's Economy Surges Further Ahead In February

Services sector output at seven-month high, manufacturing sector at five-month high in Feb

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2 mins  |
February 23, 2024
Exploring the delicious street food and drinks of Goa
Mint Mumbai

Exploring the delicious street food and drinks of Goa

The state is full of dishes that find no mention in traditional recipe books, yet enjoy a big following among residents, tourists

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3 mins  |
February 23, 2024
Forest bathing in an enchanting Finnish fell
Mint Mumbai

Forest bathing in an enchanting Finnish fell

In the picturesque wilderness of Iso-Syöte, Finland's southernmost fell region, mindfulness comes unbidden and naturally

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3 mins  |
February 23, 2024
Capitalism varies across as well as within individual countries
Mint Mumbai

Capitalism varies across as well as within individual countries

It varies by whether firms are informal or formal, small or big, competitive or oligopolistic and politically connected or not

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3 mins  |
February 23, 2024
An onion sweetener: Is this a bright bulb idea?
Mint Mumbai

An onion sweetener: Is this a bright bulb idea?

A novel onion waste-based sweetener is an incubated-startup idea picked by the Centre for national scaling up. In a country of carb-heavy diets, could it ease our diabetes burden?

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2 mins  |
February 23, 2024
INSIDE UNACADEMY'S LAB OF RUSHED EXPERIMENTS
Mint Mumbai

INSIDE UNACADEMY'S LAB OF RUSHED EXPERIMENTS

The startup is grappling with unsuccessful acquisitions and the challenges of establishing an offline presence

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8 mins  |
February 23, 2024
Mint Mumbai

EU says Ukraine will feature prominently in its India talks

European diplomat Sannino expects India to support western sanctions on Russia

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1 min  |
February 23, 2024
As hybrids gain popularity, sceptics ask if they are sufficiently green
Mint Mumbai

As hybrids gain popularity, sceptics ask if they are sufficiently green

More emissions are produced when making EVs and their batteries than when making gasoline-only cars

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4 mins  |
February 23, 2024
China's metal demand takes a different shape as housing slumps
Mint Mumbai

China's metal demand takes a different shape as housing slumps

While China's housing market could take a while to recover, steel demand is getting a manufacturing and infra boost

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2 mins  |
February 23, 2024
AI finds an unlikely benefactor: Blackstone CEO Schwarzman
Mint Mumbai

AI finds an unlikely benefactor: Blackstone CEO Schwarzman

The newly christened Schwarzman College of Computing at the MIT is set to open at the end of April

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4 mins  |
February 23, 2024
New classification may claw back TV viewers
Mint Mumbai

New classification may claw back TV viewers

ISEC may breathe life into ailing genres such as English entertainment

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2 mins  |
February 23, 2024
How Perplexity AI plans to disrupt Google's monopoly
Mint Mumbai

How Perplexity AI plans to disrupt Google's monopoly

The company's CEO is confident that it will emerge as a true challenger to the search giant

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3 mins  |
February 23, 2024
Indian pharma cos eye weight-loss mkt
Mint Mumbai

Indian pharma cos eye weight-loss mkt

Indian drug-makers aiming to grab a slice of the burgeoning weight-loss treatment sales pie, both at home and abroad, have begun developing their own versions of Novo Nordisk's wildly in-demand Wegovy.

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1 min  |
February 23, 2024
Birla eyes profits, ₹10,000 cr revenue for paints biz in 3 yrs
Mint Mumbai

Birla eyes profits, ₹10,000 cr revenue for paints biz in 3 yrs

Aditya Birla Group enters the decorative paints market, eyes number two spot in India

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2 mins  |
February 23, 2024
Bharat Highways InvIT to float ₹2,500 crore IPO on 28 Feb
Mint Mumbai

Bharat Highways InvIT to float ₹2,500 crore IPO on 28 Feb

Bharat Highways Infrastructure InvIT, an investment trust, on Thursday said it will launch its ₹2,500 crore initial public offering (IPO) on 28 February.

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1 min  |
February 23, 2024
Nifty hits record high amid volatile trading
Mint Mumbai

Nifty hits record high amid volatile trading

The Nifty soared to a record high of 22,252.50 for the fourth straight session on Thursday after gyrating 377.25 points between the day’s low and high.

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1 min  |
February 23, 2024
Mint Mumbai

Office demand sees green shoots

The resurgence of Global Capability Centers (GCCs) has helped demand for Grade A office spaces make a comeback. This has meant an improved leasing trajectory for office asset owners, who have been grappling with muted demand lately.

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2 mins  |
February 23, 2024
Cutbacks, salary delays at Log9
Mint Mumbai

Cutbacks, salary delays at Log9

Nanotechnology startup Log9 Materials has laid off more than 115 contract workers at its Bengaluru factory and postponed January salaries for employees, and payment to vendors, according to people aware of the matter.

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1 min  |
February 23, 2024
Xoriant's digital engineering push with MapleLabs buyout
Mint Mumbai

Xoriant's digital engineering push with MapleLabs buyout

Xoriant, a California-based software engineering and digital services firm supported by homegrown private equity major ChrysCapital announced on Thursday the acquisition of Bengaluru-based technology solutions provider MapleLabs Inc. The company, however, did not disclose the financial details of the transaction.

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1 min  |
February 23, 2024
ChatGPT spews gibberish, OpenAI blames it on 'bug'
Mint Mumbai

ChatGPT spews gibberish, OpenAI blames it on 'bug'

OpenAI updated the page with a message stating the tool was operating normally after over 16 hours

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1 min  |
February 23, 2024