Mint Hyderabad - April 24, 2025
Mint Hyderabad - April 24, 2025
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In this issue
April 24, 2025
India, Saudi to work on setting up two oil refineries
India and Saudi Arabia have agreed to collaborate on establishing two oil refineries in India.
1 min
India Downgrades Ties With Pakistan
India will be withdrawing its defence, navy and air advisers from the Indian High Commission in Islamabad
2 mins
Govt May Ask PSBs To Clear 30-40% Unclaimed Deposits
The move will aid banks tackle compliance, operational challenge, and increase transparency
2 mins
Pvt sector kicks off FY26 on a strong note: HSBC survey
India's private sector kicked off FY26 on a strong note, buoyed by robust global demand for goods and services, according to HSBC's flash Purchasing Managers' Index (PMI) survey released Wednesday.
1 min
World Bank Lowers India's FY26 Growth Forecast to 6.3%
The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3% amid global economic weakness and policy uncertainty.
1 min
Mid-tier GCCs Outrun Giants
India's mid-market GCCs benefit from quicker decision-making and focused roles, Nasscom report says
3 mins
Dailyhunt parent VerSe's group CFO Sandip Basu exits
In the past year, VerSe has taken a majority stake in digital marketer Valueleaf Group, shortly after it bought Magzter
1 min
IIMA Ventures to increase cheque sizes for pre-seed startups
The early-stage VC firm will use its own funds and also collaborate with other organizations, as it has in the past
2 mins
Apple, Meta fined by EU, told to comply with competition rules
The European Union fined Apple and Meta Platforms hundreds of millions of dollars and ordered the companies to comply with the bloc's tech rules, a move that risks ratcheting up tensions with the Trump administration as EU officials pursue trade talks.
2 mins
LG Delays India IPO on Market Jitters
LG Electronics' India unit filed for an IPO in December, and had targeted to launch the offering in May
1 min
M&M Fin's margin rebound must be with lower bad debts
Investors in Mahindra & Mahindra Financial Services Ltd (M&M Fin) can only hope that it can maximize the benefit of favourable macro tailwinds such as lower interest rates and improving liquidity in the system.
1 min
HCL Q4 good, yet downgraded
Bright factor
2 mins
Tariff flip-flop hits deals; 25% margin guidance intact
The company's take on US tariff uncertainty is key, with 58% of its data revenue from global markets
1 min
Gaps in Sebi dispute resolution plan: Experts
The paper also attempts to draw a line between contractual and regulatory disputes
2 mins
Are Swiggy and Zepto failing persons with disability?
The petition alleges that the companies' apps are unusable by people with blindness or impaired vision
1 min
HUL's Poor Run of Quarterly Performances May Continue
Analysts expect HUL to post among the weakest volume growth in the FMCG sector again
2 mins
Small businesses give the skip to govt fix for delayed dues
MSMEs fear long wait times, high costs at facilitation councils, turn to courts for relief
2 mins
Lodhas May Now Fight It Out in Mumbai's Hot Housing Market
HoABL Plans to Invest ₹2,500 Cr in Three Projects, Expecting to Generate a Revenue of About ₹3,500 Cr
2 mins
Musk to return to ailing Tesla with DOGE 'mostly done'
CEO will devote more of his time to Tesla starting next month, assuage investors concerns
2 mins
Credit-card companies brace for a downturn
The largest credit-card companies are preparing for the economy to get worse.
2 mins
Chinese Scientists in America Under New Wave of Suspicion
FBI scrutiny and visa revocations under President Trump are worrying STEM researchers
5 mins
Ukraine's Zelensky Pushes Back on US Peace Plan
Putin on Saturday announced a 30-hour cease-fire, but Zelensky said Russians never fully stopped their attacks
5 mins
Tata Consumer Sees Tariff Advantage
Fast moving consumer goods company Tata Consumer Products that sells tea, coffee and salt on Wednesday said that any proposed tariffs imposed by the US will give the company competitive advantage given the Western nation primarily imports all coffee.
1 min
PURE to invest in energy storage biz
Energy storage and electric two-wheeler company PURE plans to spend around ₹400 crore over the next three years to expand its battery energy storage capacity to 2.5 gigawatt hours (GWh).
1 min
Megha Engineering bags NPCIL order
Megha Engineering and Infrastructures Ltd (MEIL) has received the formal purchase order or the letter of approval for a ₹12,800 crore engineering, procurement and construction (EPC) contract from Nuclear Power Corporation of India Ltd (NPCIL) to construct two 700 megawatt electric nuclear reactors, Kaiga units 5 and 6, in Karnataka.
1 min
Intel to Cut More Than 20% of Staff
Intel Corp. is poised to announce plans this week to cut more than 20% of its staff, aiming to eliminate bureaucracy at the struggling chipmaker, according to a person with knowledge of the matter.
1 min
Adani Airport Unit Seeks $750 Million Loan From Global Banks
Adani Group is in talks with a group of international lenders for an offshore loan for as much as $750 million for its airport unit, according to people with knowledge of the matter.
1 min
Ather Energy sets IPO price band
Ather Energy has priced its shares in the range of ₹304-321 per share for its initial public offering (IPO), a newspaper advertisement from the electric scooter-maker showed on Wednesday.
1 min
DS Group eyes 2x revenue by 2029
The DS Group (Dharampal Satyapal Group) aims to double its revenue by 2029 to ₹20,000 crore, from ₹10,000 crore reported in 2024-25, on the back of new product launches and distribution network expansion, Rajiv Kumar, the company's vice-chairman, told Mint on Wednesday.
1 min
Tier-two markets turn into growth engines for live events
A young, emerging class of upwardly mobile Indians is driving this surge in cities like Surat, Jaipur, Mysuru, Guwahati
2 mins
WEF Confirms Investigation Into Claims Against Founder
No explanation was initially provided for Klaus Schwab's sudden resignation Monday
1 min
They Open Elite Varsity Doors, For A Fat Price
A tiny group of boutique companies is helping rich Indian students get into top foreign institutions
8 mins
The One Number Every Investor Must Know—But Rarely Does
We invest, save, and take risks without knowing our required rate of return
3 mins
How do I ensure smooth asset transfer, avoid future disputes?
I am a 57-year-old man in India currently finalising my estate planning to ensure smooth transfer of assets to my children and to avoid future disputes.
1 min
How risk-free is gold? Investors must learn to look past its glitter
It's in vogue as a 'safe haven' but an evaluation of its track record shows why it's overhyped as one
4 mins
An early Halloween? Trade scares seem set to intensify
The world faces trick-or-treat uncertainty as supply chains get warped by Trump's tariff aggression
4 mins
Trump's Tariffs: Central Banks Cannot Wait and Watch Forever
While they'll soon need to act, Trump ought to watch a movie clip
3 mins
Indian cities are in urgent need of a complete systems overhaul
Our cities require a governance transformation that empowers local governments to lead the mission of urban development
4 mins
Kashmir simmers but Pakistan's game has no winners
The big question that dominates discourse after the Pahalgam massacre is how India will retaliate
3 mins
What French banknotes tell us about history
An exhibition looks at the cultural symbolism of these notes
2 mins
Giving Sawantwadi ganjifa cards a new lease of life
Conservation efforts by an erstwhile royal family are bringing centuries-old hand-painted cards back into the spotlight
3 mins
Reliving India's Historic 1975 World Cup Win
It was 50 years ago that India won—some argue—its most valuable hockey trophy, in the Kuala Lumpur World Cup.
4 mins
Mint Hyderabad Newspaper Description:
Publisher: HT Digital Streams Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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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