CATEGORIES

Mint New Delhi

We should expect 12 AI trends to stand out in 2025 and beyond

The first four predictions are about enhanced human-AI interaction and how our lives will change

time-read
3 mins  |
December 20, 2024
Mint New Delhi

WHY PHYSICAL BANK BRANCHES REMAIN CRUCIAL IN AN ERA DOMINATED BY DIGITAL

Trust, human engagement, and relationship management remain crucial for customers

time-read
2 mins  |
December 20, 2024
Mint New Delhi

Ola Electric set to expand network

Ola Electric on Thursday said it will expand its sales and service network to about 4,000 outlets on 25 December.

time-read
1 min  |
December 20, 2024
Mint New Delhi

Tata denies reports on Starbucks exit

Tata Consumer Products Ltd (TCPL) on Thursday denied reports on the exit of cafe chain Starbucks from the Indian market, terming them as \"baseless\".

time-read
1 min  |
December 20, 2024
Mint New Delhi

Genesis to acquire stake in SpiceJet

SpiceJet on Thursday said aircraft lessor Genesis will acquire a stake worth $4 million in the airline as part of settling a more than $16 million dispute.

time-read
1 min  |
December 20, 2024
Mint New Delhi

Bharti Airtel clears 2016 spectrum dues

Indian telecom carrier Bharti Airtel has made an early payment of ₹3,626 crore to the government, the company said on Thursday, settling all its liabilities for the spectrum acquired in 2016.

time-read
1 min  |
December 20, 2024
Mint New Delhi

PE investment in Indian real estate up 32% in 2024: Knight Frank

Indian real estate attracted $4.15 billion of private equity (PE) investments this calendar year, up 32% annually, led by higher inflow in the housing segment, according to Knight Frank India.

time-read
1 min  |
December 20, 2024
Mint New Delhi

Supply-chain issues ground 102 aircraft

The government on Thursday said 102 aircraft are on the ground due to supply-chain issues and that it has been encouraging development of the ecosystem for manufacturing of planes by public as well as private enterprises in the country.

time-read
1 min  |
December 20, 2024
Mint New Delhi

EV market likely to touch ₹20 tn by '30

Union minister Nitin Gadkari on Thursday said the electric vehicle (EV) market potential is likely to touch ₹20 trillion and will create around 50 million jobs across the entire EV ecosystem by 2030.

time-read
1 min  |
December 20, 2024
Mint New Delhi

Concord IPO day 1: Subscribed 59%

The initial share sale of Concord Enviro Systems Ltd, an environmental engineering solutions firm, received 59% subscription on the first day of bidding on Thursday.

time-read
1 min  |
December 20, 2024
Mint New Delhi

Air India orders 34 trainer aircraft

Air India has placed an order for 34 trainer aircraft, including 31 single-engine planes, for its flying training organisation in Maharashtra that is expected to come up by the second half of 2025.

time-read
1 min  |
December 20, 2024
Mint New Delhi

The last-ditch efforts to win over critics of the Nippon-U.S. steel deal

The takeover bid has run into opposition from politicians and union leaders as well as skepticism from investors

time-read
4 mins  |
December 20, 2024
Mint New Delhi

Private retailers' 'happy hours' irk state-run oil firm dealers

OMC dealers seek a price cut to protect share from discounts by Jio-BP, Nayara outlets

time-read
1 min  |
December 20, 2024
Mint New Delhi

The next big Fed debate: Has the era of very low interest rates ended?

Fed officials are trying to figure out the just-right interest rate. Some think they may be close

time-read
5 mins  |
December 20, 2024
Mint New Delhi

Unable to criticize Putin, Russian oligarchs turn ire on central banker

Recent additional U.S. sanctions caused the ruble to plummet, while local companies are slashing expansion plans

time-read
4 mins  |
December 20, 2024
Mint New Delhi

Star dubs lift Hollywood films in India

Dubbing by Indian superstars like Shah Rukh Khan and Mahesh Babu can greatly lift the reach and box office potential of Hollywood animation films releasing in the local theatres.

time-read
2 mins  |
December 20, 2024
Mint New Delhi

Micromax, Phison set up JV for storage chips

MiPhi has started manufacturing from Micromax's Greater Noida facility

time-read
2 mins  |
December 20, 2024
Mint New Delhi

Delhi HC rejects tax plea against Western Union

The Delhi high court rejected a plea by the income tax department against American multinational Western Union Financial Services, citing provisions of the India-US double taxation avoidance agreement (DTAA).

time-read
1 min  |
December 20, 2024
Mint New Delhi

Accenture clocks $1.2 billion Gen AI orders in Nov quarter

Overall spending environment hasn't changed, abundant skills available in India: Accenture

time-read
3 mins  |
December 20, 2024
Mint New Delhi

Fed decision to slow pace of rate cuts hits Indian stocks

The Fed's decision to slow the pace of rate cuts sent shockwaves through Indian markets on Thursday, with investors reacting to low volumes and significant foreign portfolio investor (FPI) selling. FPIs sold shares worth a provisional ₹4,224.92 crore, while domestic institutional investors purchased ₹3,943.24 crore worth of equities.

time-read
2 mins  |
December 20, 2024
Mint New Delhi

Bharat Dal, coming soon to an online grocer near you

The Bharat Dal scheme was introduced last year to offer pulses at cheaper prices when inflation soared

time-read
1 min  |
December 20, 2024
Mint New Delhi

Pricing probe: CCI raids Pernod, AB InBev

An anonymous complaint alleged Telangana sellers formed \"cartel-like\" pacts to boycott all brands but AB InBev's

time-read
1 min  |
December 20, 2024
Mint New Delhi

'Kia India doesn't rely on hybrid incentives'

Bets on agility amid regulatory shifts, plans two mass market EVs in 2025

time-read
2 mins  |
December 20, 2024
Mint New Delhi

SFB bid: Fino to bet on merchant loans

Fino Payments Bank plans to use its network of merchants as the first set of customers to lend to, while also using them as loan collection points, if the regulator approves its proposal to convert into a small finance bank.

time-read
2 mins  |
December 20, 2024
Mint New Delhi

RBI flags state sops even as taxes, spend quality improve

The average buoyancy of state tax revenue rose post-pandemic to 1.4 from the pre-pandemic average of 0.86

time-read
2 mins  |
December 20, 2024
Mint New Delhi

Ajmera bets on acquisitions, JVs to expand m-cap tenfold to $5 bn

Ajmera Realty and Infra India Ltd aims to expand its market capitalization (m-cap) by 10x to $5 billion through acquisitions and joint ventures (JVs), said Dhaval Ajmera, director at Ajmera Group.

time-read
1 min  |
December 20, 2024
Mint New Delhi

Coromandel is betting on gains from backward integration

Despite a dull first half (H1 FY25), shareholders of Coromandel International are brimming with optimism. The fertilizer firm's stock hit a new 52-week high of ₹1,882 on Wednesday, taking its gains so far this year to 46%.

time-read
1 min  |
December 20, 2024
Mint New Delhi

CGD stocks climb wall of worry

State-run city gas distribution (CGD) firms are bracing for a decline in earnings in the December quarter (Q3FY25).

time-read
2 mins  |
December 20, 2024
Mint New Delhi

I-bankers see more China IPOs in 2025

Investment bankers are pinning hopes on initial public offerings in Asia to grab a bigger slice of equity capital markets volumes in 2025, after such transactions fell to the smallest proportion in eight years as Chinese deals remained muted.

time-read
1 min  |
December 20, 2024
Mint New Delhi

AI meets 3D hologram tech

Holographic devices combine 3D projections with AI, allowing users to interact through speech and gestures

time-read
3 mins  |
December 20, 2024