Mint Hyderabad - January 29, 2025Add to Favorites

Mint Hyderabad - January 29, 2025Add to Favorites

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In this issue

January 29, 2025

India, China Agree to Resume Air Travel

India and China have agreed to resume direct air services after nearly five years and work on resolving differences over trade and economic issues, New Delhi said, as relations continue to thaw after a deadly 2020 border clash.

1 min

Nearly $2 bn earmarked for critical minerals sector

The mines ministry has earmarked nearly $2 billion to develop its critical minerals sector as India aims to secure raw materials such as lithium, according to a person aware of the matter and documents from the ministry.

1 min

Infra status unlikely for EV charging despite demand

Charging infrastructure is critical in India, where EV adoption is growing rapidly.

2 mins

New incentives to tap Trump's China stance weighed

The government is considering offering fiscal incentives to attract fresh investments to harness opportunities emanating from US President Donald Trump's strong anti-China stance and to boost India's growth, including a second version of the 15% concessional corporate tax scheme for specific sectors, people aware of the development said.

1 min

ANI vs OpenAI, starting 21 Feb

The case may shape India's AI regulation, copyright issues

1 min

DeepSeek May Boost Race for India AI Model

Chinese firm's low-cost model raises hopes of democratizing AI globally

2 mins

Tanglin eyes $250 mn 3rd fund

Tanglin Venture Partners, a venture capital (VC) firm floated by Tiger Global executives Ravi Venkatesh and Edwina Yeo, is targeting to raise about $250 million for its third investment vehicle, according to the firm's filing with the US Securities and Exchange Commission.

1 min

Sops, recoveries fuel NTPC's Q3, but execution still crucial

TPC Ltd's consolidated Ebitda surged 20% year-on-year (y-o-y) to ₹13,700 crore in the December quarter (Q3FY25), driven by lower other expenses and slower growth in fuel costs as coal production ramped up.

1 min

Demerger of HZL awaits Vedanta split

In November, the government raised ₹3,449 cr by selling a 1.6% stake in the company through an offer for sale

1 min

Dahlias key to DLF's rosy FY25

Realty firm DLF Ltd's FY25 pre-sales target of ₹17,000 crore was a tall order, as H1FY25 was marred by muted new launches and weak sales in existing projects. But the launch of the uber-luxury 'The Dahlias' at Golf Course Road in Gurugram Q3FY25 changed everything.

2 mins

Actis nears Stride deal amid renewable boom

Actis signed a $325 million deal to buy Macquarie's green energy platform

3 mins

Cipla's Q3 margins hit record high despite US biz slowdown

Pharma major Cipla Ltd on Tuesday announced highest-ever quarterly revenue and Ebitda margin, as robust sales in India, Europe and emerging markets outweighed weakness in its US business.

1 min

Bankers bat for job creation, tax incentives in budget 2025

Experts advise PLI scheme for import substitution in pockets where a manufacturing facility could be set up

2 mins

Moulding the future of Damodaran calls for heightened regulatory impact assessment

The former Sebi chairperson lauded the regulator for moving to a \"trust but verify\" approach

2 mins

NPS adoption slow: Mohanty

The National Pension System (NPS) introduced in 2004 for government employees has since been extended to others but adoption has been slower than desired, said Deepak Mohanty, chairperson of the Pension Fund Regulatory and Development Authority (PFRDA), at the Mint BFSI Summit.

1 min

More tier-II companies are likely to drive IPO boom in 2025

After a year of record fundraising through initial public offerings (IPO), merchant bankers are expecting domestic IPOs to gather more steam in 2025, with increasing funding demand from tier-II companies.

2 mins

Fintech: Disruption vs Regulation

The shift toward a governance model is significant; fintechs are adapting to this balance of good and bad disruption.

1 min

Experts bat for green taxonomy for climate finance

India's climate financing activities need to be buttressed by a green taxonomy and new risk management models, said a panel of experts at the Mint BFSI Summit.

1 min

Bima Sugam: Unlocking the potential of digital insurance

The insurance industry expects government-backed digital insurance marketplace Bima Sugam, which is set to debut in a few months, to be a game-changer for the crucial sector.

1 min

Irdai Considers Increasing FDI in Insurance to 100%

The Insurance Regulatory and Development Authority of India (Irdai) is considering increasing foreign direct investment (FDI) in the insurance sector to 100% from 74% now, Deepak Sood, whole-time member of Irdai, said at the Mint BFSI Summit and Awards held recently.

2 mins

Hybrid funds are best suited to handle current market volatility

In 2024, investors felt tremors of a volatile market as corporate earnings growth started slowing in the second half of the year

3 mins

Lightbox returns a third of its second fund to investors

Venture capital firm expects the fund to generate fivefold returns within 3-4 years

2 mins

Gen Z Drives Demand for Affordable Luxury Section

Gen Z accounts for 20-25% of online lifestyle market, a report by Bain & Co. and Myntra said

2 mins

Bollywood's nostalgia play: Re-releases risk losing steam

Old is gold, they say—but maybe not always? For Indian cinema, tapping into nostalgia has become the latest gamble to lure audiences back to theatres.

2 mins

Trump order freezing foreign aid halts programs globally, prompts confusion and rush for waivers

Suspension affects humanitarian programs, counterterrorism efforts and weapons financing

5 mins

Returning Gazans take stock of destruction after cease-fire

When a cease-fire took effect in Gaza this month, Ibrahim Raba'a went back to Jabalia—the scene of rounds of intense fighting between Palestinian militant group Hamas and the Israeli military—to see what had become of his home.

4 mins

SpiceJet to reinduct grounded fleet

Domestic budget carrier SpiceJet on Tuesday said it is set to re-induct one of its grounded Boeing 737 Max aircraft into operations from 29 January, as part of its plan to put all these planes back into service in a phased manner.

1 min

Mahindra Finance Q3 profit rises 63%

Mahindra and Mahindra Financial Services (Mahindra Finance) on Tuesday reported a 63% year-on-year increase in standalone profit after tax to ₹899 crore in the fiscal third quarter.

1 min

I-T dept searches IIFL Group firms

India's income tax (I-T) department is undertaking search operations at three IIFL Group companies, two people familiar with the development said on Tuesday.

1 min

Zepto's reverse flip done ahead of IPO

Zepto has marked a milestone with the completion of its reverse flip from Singapore to India ahead of its proposed initial public offering (IPO).

1 min

JLR seeks $500 mn offshore loan

Jaguar Land Rover Automotive, the British arm of Tata Motors Ltd, is planning to raise $500 million through an offshore loan, according to a company statement, joining a flurry of dollar debt deals from Indian conglomerates.

1 min

Rupee falls to 86.56 against the dollar

Rupee depreciated 25 paise to close at 86.56 (provisional) against the dollar on Tuesday, as global risk sentiments were dampened amid tariff threats by US President Donald Trump.

1 min

Hyundai Q3 profit dips 19% to ₹1,161 cr

Hyundai Motor India said its consolidated profit after tax declined 19% to ₹1,161 crore for the third quarter, hit by subdued demand and geo-political factors.

1 min

IGX Gets Nod for Long-Term Contracts

The Indian Gas Exchange (IGX) announced the launch of long-duration gas supply contracts of 3-6 months, following approval from the Petroleum and Natural Gas Regulatory Board (PNGRB).

1 min

Honda Sets Its Sights on 50% Share of World's Motorcycle Market

Honda Motor Co. is looking to capture half of the world's market for motorcycles as industry-wide sales of two-wheelers, both gas and electric, are tipped to reach 60 million units annually by 2030.

1 min

Govt starts surveys as GBS cases rise

The Maharashtra government and Union health ministry have together started household surveys in Pune, which is seeing a surge in Guillain-Barré Syndrome (GBS) cases across the city.

1 min

Why Bollywood Has No Lights, Camera, Action

Producers aren't making films if Netflix or Amazon Prime Video haven't bought streaming rights

7 mins

Banking beyond borders: Can US citizens open accounts in India?

Exploring banking options for foreign nationals, from NRE, NRO and FCNR accounts to Gift City investments

4 mins

Defending your will: Key legal steps to protect family interests

What legal steps can my family take to protect their interests and ensure the validity of my will if someone challenges it in court? —Name withheld on request

2 mins

The Raj extracted $65 trillion from us: Fact or fiction?

Oxfam's huge estimate does not withstand scrutiny as it makes too many flimsy assumptions

3 mins

CCI order on WhatsApp's use of user data: Its broad thrust is fine

The NCLAT stayed a weak part of it but the case shows how privacy and antitrust issues are linked

3 mins

Budgeting to achieve outcomes: Let 'Pay for results' lead the way

Linking expenditure with outcomes will effect the behavioural shifts India needs and enhance the efficacy of budget outlays

4 mins

US tech curbs and China's AI success hold lessons for us

Technology denial regimes often spur self-reliance, as seen in AI, and India must indigenize advances too

3 mins

Ageing trees and animals are more valuable than we think

The world must protect life forms that live long to secure its future

3 mins

Always-Listening AI: Can These Devices Be Trusted?

Wearables that can act as a second mind are here, but some users and researchers feel they could become a privacy nightmare

4 mins

Designed for ergonomics and accessibility

The upgraded AI features in this phone are well-integrated, though not pivotal

2 mins

Read all stories from Mint Hyderabad

Mint Hyderabad Newspaper Description:

PublisherHT Digital Streams Ltd.

CategoryNewspaper

LanguageEnglish

FrequencyDaily

The business newspaper “Mint” published by one of the leading media houses of India, Hindustan Times, in association with Wall Street Journal. It aims to connect India to the world and the world to India in terms of business, economy, regulation and policies.

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