Mint Hyderabad - April 25, 2025

Mint Hyderabad - April 25, 2025

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In this issue
April 25, 2025
Onion depots in 90 places to fight prices
The consumer affairs ministry has firmed up a plan to store onions at 90 locations across the country, so the produce can be quickly offloaded in markets when prices are high.
1 min
India to fast-track Chabahar port expansion work and rail connectivity
India plans to fast-track work on expanding the Chabahar port and providing rail links from the strategic port to Iran's border with Central Asia, a senior official said, a move aimed at countering Pakistan's China-backed Gwadar port.
2 mins
Policy change for foreign EV cos hinges on US trade deal
This comes at a time when negotiations on a bilateral trade agreement are in full swing
2 mins
India Weighs Trade Halt With Pakistan As Tensions Escalate
India's Exports to Pakistan Surged by 127% to $1.21 Billion in 2024 From $530.91 Million in 2023
1 min
Airfares to Srinagar from Delhi, Mumbai drop 20-30%
The average airfare in the upcoming peak summer travel season from Delhi and Mumbai to Srinagar has dropped 20-30%, Google Flights data shows.
1 min
Onion depots in 90 places to fight prices
The consumer affairs ministry has firmed up a plan to store onions at 90 locations across the country, so the produce can be quickly offloaded in markets when prices are high.
1 min
India to fast-track Chabahar port expansion work and rail connectivity
India plans to fast-track work on expanding the Chabahar port and providing rail links from the strategic port to Iran's border with Central Asia, a senior official said, a move aimed at countering Pakistan's China-backed Gwadar port.
2 mins
Policy change for foreign EV cos hinges on US trade deal
This comes at a time when negotiations on a bilateral trade agreement are in full swing
2 mins
India Weighs Trade Halt With Pakistan As Tensions Escalate
India's Exports to Pakistan Surged by 127% to $1.21 Billion in 2024 From $530.91 Million in 2023
1 min
Airfares to Srinagar from Delhi, Mumbai drop 20-30%
The average airfare in the upcoming peak summer travel season from Delhi and Mumbai to Srinagar has dropped 20-30%, Google Flights data shows.
1 min
Stellantis gears up for Leapmotor EVs in India
Stellantis plans to sell Chinese-branded electric vehicles developed by its partner Leapmotor in India as soon as the end of this year, the executive leading the joint venture said.
1 min
TCS bets on sovereign cloud to augment India revenue
The company announced partnerships with government entities RailTel and C-DAC
2 mins
Stellantis gears up for Leapmotor EVs in India
Stellantis plans to sell Chinese-branded electric vehicles developed by its partner Leapmotor in India as soon as the end of this year, the executive leading the joint venture said.
1 min
TCS bets on sovereign cloud to augment India revenue
The company announced partnerships with government entities RailTel and C-DAC
2 mins
LTIMindtree: New year, new plan—but will it work?
Sluggish mode
1 min
Bajaj Housing ends FY25 on high
Squeezed out Bajaj Housing Finance's loan book growth has been strong, but gross spread is narrowing.
2 mins
Tech Mahindra misses revenue estimates
Tech Mahindra missed analyst estimates for fourth-quarter revenue on Thursday, as economic uncertainty weighed on spends by the software services exporter's clients, especially in its telecom vertical.
1 min
How Sebi Exposed MSVPL Front-Running
The case hinges on a key detail: four brokerages tied to the Big Client operated from the same Malad complex
2 mins
LTIMindtree: New year, new plan—but will it work?
Sluggish mode
1 min
Bajaj Housing ends FY25 on high
Squeezed out Bajaj Housing Finance's loan book growth has been strong, but gross spread is narrowing.
2 mins
Tech Mahindra misses revenue estimates
Tech Mahindra missed analyst estimates for fourth-quarter revenue on Thursday, as economic uncertainty weighed on spends by the software services exporter's clients, especially in its telecom vertical.
1 min
How Sebi Exposed MSVPL Front-Running
The case hinges on a key detail: four brokerages tied to the Big Client operated from the same Malad complex
2 mins
Country Delight in early talks to raise $100 mn
Temasek-backed Country Delight is in early discussions to raise up to $100 million in a mix of primary and secondary transactions, three people familiar with the matter told Mint.
1 min
Airtel seeks equity conversion for ₹40,000 crore govt dues
Telecom minister Jyotiraditya Scindia recently said the Centre is not considering any fresh relief for the sector
2 mins
Jio Likely to See Steady Growth in Q4
Reliance Jio Infocomm Ltd, India's largest telecom operator by market share, is expected to report a steady performance in the March quarter, driven by subscriber additions and the lingering impact of the July 2024 tariff hike, according to analysts.
2 mins
Higher input costs dent Nestle India's Q4 profit
Decline comes despite double-digit growth in beverages, confectionery during the quarter
2 mins
GIC to invest ₹752 crore for 35% stake in five Samhi hotels
Singapore's sovereign wealth fund GIC is investing ₹752 crore in three hotel-owning subsidiaries of Samhi Hotels, which together house Courtyard by Marriott and Fairfield Inn by Marriott at Bengaluru's Outer Ring Road, Hyatt Regency in Pune, and its recently acquired Trinity hotel portfolio in Whitefield, Bengaluru.
1 min
Country Delight in early talks to raise $100 mn
Temasek-backed Country Delight is in early discussions to raise up to $100 million in a mix of primary and secondary transactions, three people familiar with the matter told Mint.
1 min
Jio Likely to See Steady Growth in Q4
Reliance Jio Infocomm Ltd, India's largest telecom operator by market share, is expected to report a steady performance in the March quarter, driven by subscriber additions and the lingering impact of the July 2024 tariff hike, according to analysts.
2 mins
Higher Input Costs Dent Nestle India's Q4 Profit
Decline comes despite double-digit growth in beverages, confectionery during the quarter
2 mins
GIC to invest ₹752 crore for 35% stake in five Samhi hotels
Singapore's sovereign wealth fund GIC is investing ₹752 crore in three hotel-owning subsidiaries of Samhi Hotels, which together house Courtyard by Marriott and Fairfield Inn by Marriott at Bengaluru's Outer Ring Road, Hyatt Regency in Pune, and its recently acquired Trinity hotel portfolio in Whitefield, Bengaluru.
1 min
Axis Bank Q4 profit flat as business growth stays muted
Trading income for the bank in Q4 was 83% lower on year at ₹173 crore
3 mins
Boeing Set to Resell Jets as Tariffs Hit China Trade
Boeing is looking to resell potentially dozens of planes locked out of China by tariffs after repatriating a third jet to the United States rather than store it without willing buyers.
1 min
Axis Bank Q4 profit flat as business growth stays muted
Trading income for the bank in Q4 was 83% lower on year at ₹173 crore
3 mins
Terai Gin maker targets new craft spirits categories
Globus Spirits is diversifying into beer and new premium single malt variants to further expand its portfolio
1 min
Maruti Set for Soft FY25 Close
A strong start to the fiscal year may give way to a slower Q4 as discounts and margin pressure weigh on earnings
2 mins
Developers sign up top Bollywood stars to push luxury projects
Celebrities with wide appeal and strong social media presence are being chosen for endorsing housing projects
2 mins
Developers sign up top Bollywood stars to push luxury projects
Celebrities with wide appeal and strong social media presence are being chosen for endorsing housing projects
2 mins
In a first, scientists sent quantum messages a record distance over a traditional network
Scientists have sent quantum information across a record-breaking 158 miles using ordinary computers and fiber-optic cables.
3 mins
Donald Trump meets his match: The markets
President softens his economic and trade stances in the midst of market turmoil
4 mins
Trump sued by multiple states over tariffs, trade policy
A dozen US states are challenging President Donald Trump's \"immense and ever-changing\" global tariffs in court, alleging he illegally bypassed Congress by issuing duties under an emergency economic law.
1 min
US President Trump rejects tax hike for millionaires
While the wealthy sometimes move between states to lower their tax burdens, it is much harder to move abroad
3 mins
Donald Trump meets his match: The markets
President softens his economic and trade stances in the midst of market turmoil
4 mins
Trump sued by multiple states over tariffs, trade policy
A dozen US states are challenging President Donald Trump's \"immense and ever-changing\" global tariffs in court, alleging he illegally bypassed Congress by issuing duties under an emergency economic law.
1 min
Strong India growth for Kaspersky in '24
Global cybersecurity firm Kaspersky has recorded a very strong double-digit growth in India in 2024, according to Kaspersky APAC managing director Adrian Hia.
1 min
Sebi Simplifies Norms for SM REITs
To facilitate ease of doing business for small and medium real estate investment trust (SM REITs), markets regulator Securities and Exchange Board of India (Sebi) has standardized disclosures in draft scheme offer document and simplified public issue processes for such schemes.
1 min
Minda Lowers Stake in JV with Furukawa
Minda Corp. Ltd on Thursday said its stake in Furukawa Minda Electric Pvt. Ltd, a joint venture (JV) with Japan's Furukawa Electric group, will be reduced to 17.54% following a share subscription agreement with its partner.
1 min
Devyani to buy Sky Gate's 80.72% stake
Quick service restaurant chain operator Devyani International Ltd (DIL) on Thursday said it will acquire up to 80.72% stake in Sky Gate Hospitality, which operates brands including 'Biryani By Kilo', for ₹419.6 crore.
1 min
IMF chief calls for economic reforms
International Monetary Fund (IMF) chief Kristalina Georgieva on Thursday called on countries to urgently resolve trade tensions, safeguard economic stability and address domestic imbalances, warning that continued uncertainty and policy inaction risked worsening the global growth slowdown.
1 min
Infra lender NaBFID plans $2 billion foray into offshore debt
India's National Bank for Financing Infrastructure & Development, or NaBFID, is planning to enter the overseas credit market for the first time, and aims to raise as much as $2 billion through loans and bonds this financial year, according to people familiar with the matter.
1 min
Microsoft Rejigs India Leadership
Microsoft on Thursday announced key leadership appointments for its India and South Asia operations, with immediate effect.
1 min
China Says US Should Revoke Unilateral Tariffs, Denies Talks
China wants to see a number of steps from US before it agrees to trade talks
1 min
Persistent Systems Q4 profit rises 25%
Mid-tier information technology (IT) company Persistent Systems on Thursday posted a 25% jump in March quarter profit to ₹395.76 crore.
1 min
ED Detains Gensol's Puneet Jaggi
The Enforcement Directorate (ED) on Thursday conducted searches against beleaguered Gensol Engineering Ltd and detained its co-promoter Puneet Singh Jaggi from a Delhi hotel, officials in the know said.
1 min
Michael Whitaker joins IndiGo's board
InterGlobe Aviation, the parent of IndiGo, on Thursday announced the appointment of former administrator US Federal Aviation Administration (FAA) and pilot Michael Whitaker as an independent director.
1 min
Strong India growth for Kaspersky in '24
Global cybersecurity firm Kaspersky has recorded a very strong double-digit growth in India in 2024, according to Kaspersky APAC managing director Adrian Hia.
1 min
Sebi Simplifies Norms for SM REITs
To facilitate ease of doing business for small and medium real estate investment trust (SM REITs), markets regulator Securities and Exchange Board of India (Sebi) has standardized disclosures in draft scheme offer document and simplified public issue processes for such schemes.
1 min
Minda Lowers Stake in JV with Furukawa
Minda Corp. Ltd on Thursday said its stake in Furukawa Minda Electric Pvt. Ltd, a joint venture (JV) with Japan's Furukawa Electric group, will be reduced to 17.54% following a share subscription agreement with its partner.
1 min
Devyani to buy Sky Gate's 80.72% stake
Quick service restaurant chain operator Devyani International Ltd (DIL) on Thursday said it will acquire up to 80.72% stake in Sky Gate Hospitality, which operates brands including 'Biryani By Kilo', for ₹419.6 crore.
1 min
IMF chief calls for economic reforms
International Monetary Fund (IMF) chief Kristalina Georgieva on Thursday called on countries to urgently resolve trade tensions, safeguard economic stability and address domestic imbalances, warning that continued uncertainty and policy inaction risked worsening the global growth slowdown.
1 min
Infra lender NaBFID plans $2 billion foray into offshore debt
India's National Bank for Financing Infrastructure & Development, or NaBFID, is planning to enter the overseas credit market for the first time, and aims to raise as much as $2 billion through loans and bonds this financial year, according to people familiar with the matter.
1 min
Microsoft Rejigs India Leadership
Microsoft on Thursday announced key leadership appointments for its India and South Asia operations, with immediate effect.
1 min
China Says US Should Revoke Unilateral Tariffs, Denies Talks
China wants to see a number of steps from US before it agrees to trade talks
1 min
Block Out the Market Clamour and Stay with Equities for Lasting Wealth
Short-term market events often don't require action—most dips are temporary
3 mins
How to unlock 15% returns from old life insurance plans
From assignment to loan against policy, insuretechs offer better options for policyholders
3 mins
Democracy could be the great casualty of Trump's war
For all his grandstanding, barely three months since taking office, US President Donald Trump has virtually reversed his headline-grabbing tariffs, barring the de minimis 10% on all countries and 20-25% on steel, aluminum and automobiles.
3 mins
Democracy could be the great casualty of Trump's war
For all his grandstanding, barely three months since taking office, US President Donald Trump has virtually reversed his headline-grabbing tariffs, barring the de minimis 10% on all countries and 20-25% on steel, aluminum and automobiles.
3 mins
The agentic revolution of AI has already sneaked into human life
OpenAI's 03 and 04 agents mark an inflection point in the journey of AI taking over human tasks
3 mins
The agentic revolution of AI has already sneaked into human life
OpenAI's 03 and 04 agents mark an inflection point in the journey of AI taking over human tasks
3 mins
The Policy Response We Require to Address Trump's Disruptions
Fiscal and monetary policy can both work in the same direction to spur economic growth while we wait for the dust to settle
3 mins
Check the risks before trying to give the planet a sunscreen
Geo-engineering must be regulated and studied to avert accidents
3 mins
Check the risks before trying to give the planet a sunscreen
Geo-engineering must be regulated and studied to avert accidents
3 mins
Don't relax with your coffee, dance with it
The idea of mixing music and coffee has gone mainstream as cafes host dance parties where the only high served is caffeine
4 mins
The Hottest Amenity Coming to an Airport Is a Chill Zone
US terminals are adding outdoor spaces to give travelers a place to catch the breeze or enjoy views of farms on-site
3 mins
Dance, art and Shakespeare
A Mint guide to what's happening in and around your city
1 min
Don't relax with your coffee, dance with it
The idea of mixing music and coffee has gone mainstream as cafes host dance parties where the only high served is caffeine
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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