Mint Kolkata - March 28, 2025
Mint Kolkata - March 28, 2025
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In this issue
March 28, 2025
Govt upgrading its vaccine storage infrastructure to aid other countries
In a show of soft power, India is upgrading and expanding its vaccine storage infrastructure into an international centre to handhold other developing countries in harnessing the global immunization supply chain.
1 min
BIS searches at e-commerce warehouses linked to US cos
BIS officials confiscated over 3,500 products for lacking the ISI mark or carrying fake labels
2 mins
Parliament Approves Finance Bill, Completes Budget Exercise
The Rajya Sabha on Thursday returned the Finance Bill, 2025, to the Lok Sabha, along with 35 government amendments, including one that abolishes a 6% digital tax on online advertisements, thus completing the 2025-26 budgetary exercise that started on 1 February.
1 min
Meta eyes allies for mega cable project
In a bid to meet growing data demand and provide faster speeds for apps like Instagram, WhatsApp, and YouTube, tech giant Meta has moved a step ahead on its Project Waterworth.
1 min
India to Up Funds Cap for Foreign Individuals
The Reserve Bank of India (RBI) is set to double to 10% a cap on investment by individual foreign investors in listed companies, as it aims to boost capital inflows, according to two senior government officials and documents reviewed by Reuters.
1 min
Likely closure of UK plant a positive for Ashok Leyland
Racing ahead
2 mins
Marico Faces a Test as Costs Rise
Marico Ltd has held up better than its FMCG peers amid muted urban demand. While Nifty FMCG index has dropped 19% over the past six months, Marico's stock declined by just 6%, showing its relative resilience.
2 mins
No margin hit from US IRA pause, says Waree
U.S. President Donald Trump's order to pause the disbursement of funds under the Inflation Reduction Act (IRA), a marquee clean energy promotion programme signed into law in 2022, will not impact the margins of India's leading solar module maker, Waaree Energies Ltd, a top executive said.
1 min
Big Tech Sees Limited Gains as India Scraps Google Tax
The move marks a win for Big Tech in India and opens up domestic market to foreign firms
3 mins
Indkal Tech to raise $100 mn by June: CEO
The funding will be the largest capital raised by electronics manufacturing services firms in India this year
1 min
The Ford executive who kept score of colleagues' verbal flubs
The list became so known and feared that one executive cursed O'Brien's name in a meeting after tripping up on an expression
3 mins
Wall Street Bonuses Powered New York's Economy in 2024. Some Worry They Peaked.
Bonuses account for a big chunk of what many employees earn at financial firms each year
3 mins
Trump Says He Could Cut China Tariffs to Secure TikTok Deal
Under a law signed last year by Biden, ByteDance was required to sell TikTok's US operations by 19 January
2 mins
Trump Plans To Impose 25% Tariff On Imported Vehicles
The US President Leaves Little Room For Exempting Canada Or Mexico
3 mins
WazirX hack: Court dismisses lawsuit
A consumer court has dismissed a class action filed by a group of 40 individuals affected by domestic crypto exchange WazirX losing $233 million in an alleged hack in July last year.
1 min
Adani Restores Bangladesh Power
Bangladesh said Indian billionaire Gautam Adani's power generation unit resumed full electricity supply to the nation, four months after halving the feed over unpaid dues.
1 min
JioHotstar crosses - 100 mn paid subs
JioHotstar, the video streaming platform created with the merger of Disney+ Hotstar and JioCinema, has crossed 100 million paid subscribers, the company said on Thursday.
1 min
Saudi Aramco eyes Indian refineries
Saudi Aramco is in talks to invest in two planned refineries in India as the world's top oil exporter looks for a stable outlet for its crude in the world's fastest-growing emerging market, several Indian sources with direct knowledge of the matter said.
1 min
Studds Accessories files IPO papers
Helmets manufacturer Studds Accessories has filed preliminary papers with capital markets regulator Securities and Exchange Board of India (Sebi) to float an initial public offering (IPO).
1 min
Qcomm's market share grows 5x from 2022
India's quick commerce sector accounted for over two-thirds of all e-grocery orders last year, with its total market share growing about five times to $6-7 billion from 2022, a report by Bain and Flipkart showed.
1 min
Pizza tops as Jubilant steps up plans for 3k Domino's stores
The group has franchise rights for three global brands—Domino's, Popeyes, Dunkin
1 min
BlackRock Sees Outcome ETFs Rising to $650 Billion
The world's largest asset manager is betting big on a growing breed of derivatives-backed exchange-traded funds (ETFs) that's shaking up the art of active portfolio management.
1 min
FROM PRESCHOOL TO IVY LEAGUE-WHY EDUCATION PLANNING IS NON-NEGOTIABLE
Education today is more than survival. Parents make careful choices about where and how their children study, from preschool to college, shaping their future academically and in life skills.
2 mins
I-T dept flags HRA claims for TDS lapses: your action plan
Taxman warns tenants to ensure compliance, file corrections by 31 March to avoid penalties
3 mins
Grok is a chatbot that does what Musk often likes to do: Entertain
This chatbot's outrageous answers have technical reasons but it's also designed to be like its owner
3 mins
Imitation game: Can Big Auto emulate Xiaomi's EV strategy?
Big Auto may be left in the dust as Chinese carmakers zoom ahead
3 mins
Mint Kolkata 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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