Mint Hyderabad - May 13, 2025
Mint Hyderabad - May 13, 2025
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In this issue
May 13, 2025
Banking for minors: Why its time has come
The Reserve Bank of India (RBI) recently permitted minors aged 10 years or older to independently open and operate savings and term deposit accounts.
3 mins
India-UAE goods trade surges past $100 billion
Merchandise trade between India and the UAE crossed the $100 billion-mark in 2024-25, two years ahead of the target set when their free trade agreement (FTA) went live on 1 May 2022, although the balance of the trade is heavily tilted in favour of the UAE.
1 min
Western changes may adversely affect food security, crop productivity
The frequency and nature of western disturbances in India have changed over the past few years, which could affect agriculture and food security, the top official at the government's weather office said.
2 mins
Transmission line, coal-based capacity additions slow down
Only 8,830 circuit km of transmission lines were added in FY25, 37.8% less than FY24
2 mins
Sarangi gets additional charge as CMD of Solar Energy Corp.
The Union government has given Santosh Kumar Sarangi, the secretary to the union ministry of new and renewable energy, additional charge as chairman and managing director (CMD) of Solar Energy Corp. of India (SECI).
1 min
Build mediation centres: ICAI
Stronger penalties on major shareholders and directors of bankrupt companies for failure to cooperate in debt resolution could make corporate turnaround efforts more efficient, according to the Institute of Chartered Accountants of India (ICAI).
1 min
Antfin set to divest 4% stake in Paytm
Antfin, an Alibaba Group entity, will divest a 4% stake in Indian fintech firm Paytm through a block deal on 13 May, according to a term sheet.
1 min
Content studios tap YouTube to launch originals
YouTube has become the preferred debut platform for some originals put out by content studios despite the lure of video streaming companies Netflix, Prime Video and JioHotstar in the country.
2 mins
Evolvence Courts Domestic LPs for Its Largest Fund Yet
Evolvence India to Raise $300 Million for Its Fifth Fund, Including $100 Million From Local LPs, in Shift From Foreign Investors
2 mins
LTIMindtree Bags Its Largest Deal From Chicago's ADM
Seven-year, $450 mn contract makes firm second mid-cap IT co to bag biggest deal since Jan
3 mins
Coal India needs a volume surge to fire up growth
Gradual recovery Coal India's Q4FY25 e-auction realization rose year-on-year after several quarters of drop, thus aiding profitability.
1 min
Asian Paints' FY26 not so rosy
Pale hues
2 mins
Sebi's Proposal for Delisting PSUs Faces Flak
Legal experts say that the move risks creating a dual regulatory standard between PSUs and private sector firms
2 mins
Weak prices hurt Tata Steel net profit in Q4
The company reported a consolidated profit of ₹1,201 crore in Jan-Mar
2 mins
Canara Bank Eyes Corporate Loan Growth
State-run Canara Bank is yet to see a secular revival in corporate credit growth, with demand limited to infrastructure, renewables and certain manufacturing segments, a top official said, hoping that rate cuts would spur consumption and lead to more borrowings by companies.
2 mins
Worst is over; new products to drive growth, says UPL
North America accounted for 13% of UPL's FY25 revenue, a shade higher than it earned in India
1 min
US-China truce announcement on tariff war brings relief
China agreed to lower tariffs on US imports from 125% to 10%, according to a joint statement on Monday
2 mins
Kohli Retires From Tests Too, But Ad Dominance To Remain
Presence in ODIs and the IPL Will Keep Him in the Public Eye and Help Retain His Brand Value
3 mins
Berry steps in, but new CEO likely in 4 months: Britannia
Britannia posted 9% rise in Q4 sales to ₹4,376 cr and a 4% increase in net profit to ₹559 cr, while full-year profit rose by 2%
2 mins
Trump's drug price cut may not hurt Indian firms much
Pharma shares plunge intraday, but recover swiftly ahead of US prescription drug price cuts
3 mins
Apple Considers Price Hikes for Upcoming iPhone Lineup
Raising Prices Could Help Apple Cushion Higher Costs Stemming from the US Tariffs on Imports from China
1 min
Nissan job cuts double to 20,000 in huge overhaul
Nissan Motor Co. will eliminate 11,000 more jobs than previously planned, NHK reported on Monday, as part of a plan to restructure its flailing business.
1 min
Zelensky says ready to talk peace, challenges Putin to show up
Ukrainian president said he would be waiting for his Russian counterpart in Turkey
4 mins
'Everybody's replaceable': The new ways bosses talk about workers
Corporate America's long-running war for talent sounds more like a war on the talent these days.
3 mins
Chalet Hotels FY25 profit falls 48.8%
Chalet Hotels Limited, backed by real estate company K Raheja Corp and owner of notable properties like JW Marriott Mumbai, Sahar and Westin Powai, reported strong FY25 revenue growth. Net profit, however, dropped over higher operating expenses and one-time tax adjustments.
1 min
Gensol Engineering promoters resign
Promoters of beleaguered Gensol Engineering, Anmol Singh Jaggi and Puneet Singh Jaggi, have resigned from the company following market regulator Sebi's interim order, according to an exchange filing.
1 min
Vedanta Explores Critical Minerals
Anil-Agarwal-led Vedanta has said it is exploring critical mineral assets in states like Maharashtra, Rajasthan, Bihar, Arunachal Pradesh, Karnataka and Chhattisgarh.
1 min
NCLAT dismisses insolvency plea against PepsiCo India
The National Company Law Appellate Tribunal (NCLAT) dismissed an insolvency petition against PepsiCo India Holdings after observing that provisions of IBC cannot be turned into a debt-recovery proceeding.
1 min
R-Power bags 350+ MW solar project
Reliance NU Energies, a subsidiary of Reliance Power Ltd, has secured a 350MW solar power project integrated with a 175MW/700MWh battery energy storage system (BESS) through a competitive bidding process by state-run SJVN.
1 min
Bajaj Electricals Q4 profit up two-fold
Bajaj Electricals Ltd on Monday reported a two-fold jump in consolidated fourth-quarter net profit to ₹5,905 crore.
1 min
Hamas Says American-Israeli Hostage Released in Goodwill Gesture
Edan Alexander's release would be the first since Israel shattered an eight-week ceasefire with Hamas in March
2 mins
Summer getaways get costlier: Airfares soar on high demand
Ticket prices for destinations within the country are already up 10-15% over last year
1 min
Hyderabad: Turning Waste into Wealth
The city has unlocked large value by processing its municipal refuse efficiently, blazing a trail for others to follow
8 mins
India-UK trade deal: Let us stay focused on the long-term prize
The momentum in mutual ties is backed by business enthusiasm. It's time to unlock the potential
3 mins
Mercantilism isn't always bad but Trump's policies are
Mercantilism could have some strategic benefits but Trump's policies reflect its worst defects
3 mins
Let Granular Data on Household Savings Supplement Macro Data
Indepth surveys can capture below-the-radar information and help craft strategies to serve India's financial inclusion agenda
3 mins
US-UK trade pact: Seems like an episode of a comedy show
The agreement is long on rhetoric and short on what truly matters
3 mins
How a manufacturing boom could close the gender gap
Women's labour participation can be boosted by export-led hiring. We must put incentives in place
3 mins
Movement therapy programmes in India are tapping into indigenous dance forms to heal and empower individuals with Parkinson's disease
In a quiet community hall in Mumbai, 70-year-old Hari stands surrounded by a group of men and women, some older, some younger, all marked in different ways by Parkinson's disease.
4 mins
Which weight loss drug is more effective?
A 72-week long study of Zepbound and Wegovy found a clear winner
2 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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