CATEGORIES

Former rogue trader Nick Leeson reemerges as a private spy

Nick Leeson, the former derivatives trader who brought down Barings Bank, has joined a corporate intelligence firm run by ex-Black Cube operative Seth Freedman.

Some consumer goods cos still hurting from inflation

Manufacturers of packaged food, liquor, and cosmetics are still grappling with higher input costs than seen before the onset of the pandemic, even as the pace of wholesale price gains slows.

DB Power buys back stake from Global Infrastructure for ₹400 cr

Dainik Bhaskar Group’s DB Power Ltd has repurchased Global Infrastructure Partners’ (GIP) stake in its thermal power business for ₹400 crore, in a deal that has facilitated the investor’s exit, two people with knowledge of the deal said.

All Vistara staff to be absorbed in Air India: CEO

Air India will absorb all 5,100 Vistara employees as part of the merger plan to consolidate the number of airlines under the Tata group to two from four, Vistara’s chief executive Vinod Kannan said.

Jio Fin looks to hire from other lenders for top roles

Jio Financial Services is scouting for talent with digital banking expertise to fill top management roles and is assembling a team of former executives from private lenders such as ICICI Bank, three people aware of the development said.

India may begin to export coal by FY26

Govt is exploring supplying surplus coal to India’s neighbours

ISL 2022-23: An Exciting Season Of Historic Firsts

The dramatic Indian Super League season was defined by two clubs, Mumbai City FC and ATK Mohun Bagan

Here's The Fixed Income Portfolio That Can Tackle Rising Interest Rates

Investing in fixed income has never been so tricky. After a period of muted returns, fixed income investors are offered higher bond yields, but investors are faced with a fundamental question—is it the right time to build a fixed-income portfolio? What if bond yields go up further?

Google Expanding Access To Bard Ai Chatbot To Counter ChatGPT

The move intensifies the battle between Google and Microsoft to dominate the release of advanced AI tools

Credit Suisse's rescue crossed a consequential debt Rubicon

It's a shock that its shareholders fared better than ATI bond holders

Do not let increasing heatwaves sap worker productivity in India

Extreme heat as climate change worsens could adversely impact our economic output unless we adopt mitigative measures

The government mustn't act like India's net nanny

The Indian I&B minister's reproach of online entertainment platforms for 'obscenity' lacked conviction. This is a market that hasn't failed. It should be spared undue state intervention

How A.M. Naik, man with the Midas touch, transformed L&T

As Mint confers a Lifetime Achievement Award on Naik, outgoing group chairman of L&T, we take a look at his storied career

LIC may invest in green bonds

Life Insurance Corporation of India (LIC), the country's top institutional investor with more than ₹44 trillion worth of assets, plans to invest in green bonds and interest rate derivatives.

'Economic growth potential hinges on states' efficiency'

Indian economy is expected to expand by about 6.5% over the next 2-3 years, Debroy says

'Emirates will add to Air India's success'

Air India, owned by Tata Sons, will not be a threat to Emirates, but as a partner, the UAE's flag carrier can help the Indian airline succeed, Tim Clark, president, Emirates, said.

Mondelez India to hike capacity at ₹4,000 cr

Spending planned over four years in company’s largest investment yet

Axis Bank looks to boost capabilities with big hires

Axis Bank is hiring more people in its “frontline\" leadership team as it integrates Citibank’s consumer banking business and rebuilds its asset management leadership team in a major reorganization.

Unease at Viacom18 as IPL digital promo scoffs at TV

Its IPL digital promo compared linear TV with a dark tunnel with \"no light at the end”

IT firms ready with private 5G solutions

IT services firms in India are looking to cash in on the rollout of 5G networks by providing enterprises with services for private 5G networks.

Accenture buys Flutura to boost industrial AI services

Global IT services company Accenture has acquired Flutura Decision Sciences and Analytics, a Bengaluru-based industrial internet of things (IoT) startup, for an undisclosed amount.

Sensex, Nifty gain nearly 1% on buying in RIL, banking shares

Benchmark Sensex and Nifty rebounded nearly 1% at close on Tuesday amid firm trends in global equities and buying in index major Reliance Industries and banking stocks.

Airlines need more than mere traffic

The Indian aviation industry is seeing a solid recovery in recent months after facing several headwinds since the pandemic began, including elevated costs due to higher fuel prices and rupee depreciation.

Trader interest in Adani stocks spurted in Nov

Huge positions' build-up happened weeks before FPO, Hindenburg report

Onions to be irradiated with gamma rays to curb post-harvest losses

The Centre irradiate is planning to onions with Gamma rays before sending them into cold storage on a pilot basis. Irradiation prevents sprouting and thus brings down post-harvest losses, two officials said.

Lift dumping duty on viscose fibre to save textiles, say MPs

The appeal comes amid an emphasis on manufacturing quality textiles, especially for exports

EU says it's ready to work with India on carbon tax

The European Union is willing to collaborate with India in easing the administrative burden for businesses while enforcing its Carbon Border Adjustment Mechanism (CBAM), which seeks to impose tariffs on imports with a high carbon footprint entering the 27-member bloc.

No record of MPC meet on inflation target miss: RBI

The Reserve Bank of India (RBI) has no record of what transpired at the crucial monetary policy committee meeting on 3 November that discussed its failure to meet the inflation target, the central bank said in response to a Right to Information (RTI) query.

M&M to raise up to $1.3 bn for EV unit

It'll raise the sum in multiple tranches over next two fiscal years

Artificial intelligence can help us humans vet research papers

Machines could do a fast and accurate job of identifying quality