Mint Kolkata - April 01, 2025
Mint Kolkata - April 01, 2025
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In this issue
April 01, 2025
IGL board approves renewable energy JV
Diversifying its operations, the board of state-run city gas major Indraprastha Gas Ltd (IGL) has approved the setting up of a joint venture with Rajasthan Vidyut Utpadan Nigam Ltd (RVUNL) to develop a 500-megawatt-peak (MWp) solar power project.
1 min
Startups to get PSB support
Public sector banks (PSBs) will soon launch financial schemes targeted at start-up founders and gig workers while finalizing new credit appraisal mechanisms to build credit-resilient banking.
1 min
Telcos warn of network rollout delays as states lag on infra
Users could face service quality issues as telecom operators struggle to expand networks, with about 13 states yet to align with the Centre's updated Right of Way (RoW) rules to deploy telecom infrastructure, three executives aware of the matter said.
1 min
India's economic choices in Trump-defined world are sound: Panel
Global trade policies adopted by the Trump administration have made multilateral entities such as the World Trade Organization (WTO) less relevant, but India is sending the right messages to global powers by actively participating in bilateral talks with the U.S., said two veterans of trade and geopolitics at the Mint India Investment Summit 2025 in Mumbai.
1 min
India Befriends Big Tech as Trump Tariffs Knock on Door
US government now expects Big Tech to \"keep receiving\" India's support over the long term
2 mins
In Infosys innovation story, mid-level staff lead the way
The firm launched an in-house incubator to generate new business ideas, promising funding
2 mins
Cera's revenue target faces pressure from sluggish demand
Cera Sanitaryware Ltd is optimistic about sustaining its growth outperformance despite near-term headwinds in retail demand.
1 min
Fraudsters could skirt Sebi curbs on misleading ads: Experts
The market regulator's advisory directing only verified intermediaries to publish advertisements on social media may not fully control the menace of misleading claims as fraudsters could still exploit loopholes, according to experts.
1 min
Gold at record, set for best qtr since '86
Old prices extended their stellar run on Monday, topping $3,100 per ounce to hit another record high, as uncertainty around tariffs that would stoke inflation and hinder economic growth lifted safe-haven demand and kept bullion on course for its strongest quarter since 1986.
1 min
It's much easier to create startups today: Kunal Bahl
The co-founder of Snapdeal said smartphones and internet usage have changed the game
3 mins
Harley-Davidson Wants Payback If Europe Targets Its Bikes
Harley-Davidson isn't cheap no matter where you buy it.
3 mins
Starmer in 'productive' talks
UK Prime Minister Keir Starmer held \"productive\" discussions about \"an economic prosperity deal\" on a call with US President Donald Trump on Sunday evening ahead of a crunch week in which the government hopes to carve out exemptions from looming US tariffs.
1 min
OYO Expects 60% Jump in Q4 Revenue
Global travel tech platform OYO expects to register over 60% year-on-year growth in revenue for the fourth quarter ending March at ₹2,100 crore, founder Ritesh Agarwal told the senior leadership on Monday.
1 min
Nokia and Amazon settle dispute
Nokia Oyj and Amazon.com Inc. settled a patent dispute over streaming technologies that had spread to courts across three continents.
1 min
Search for quake survivors intensifies in Myanmar, Thailand
Survivors were pulled out of rubble in Myanmar and signs of life were detected in the ruins of a skyscraper in Bangkok on Monday as efforts intensified to find people trapped three days after a massive earthquake in Southeast Asia that killed around 2,000.
1 min
HAL Posts ₹30.4k Cr Revenue in FY25
Defence public sector undertaking (PSU) Hindustan Aeronautics Ltd (HAL) on Monday announced that it recorded a revenue of ₹30,400 crore (provisional and unaudited) for the financial year ending 31 March 2025, compared to ₹30,381 crore in the previous year.
1 min
Air passenger traffic likely to rise
Air passenger traffic is likely to rise at a 9% compounded annual growth rate (CAGR) between FY25 and FY27, taking the passenger volume to approx. 485 million by FY27, ratings agency CareEdge said on Monday.
1 min
Croma Appoints New CEO and MD
Tata Group retail chain Croma on Monday announced the appointment of Shibashish Roy as its new chief executive officer and managing director, effective April 1.
1 min
Reits to shape office market landscape in '25
The growing maturity of Real Estate Investment Trusts (Reits) is attracting domestic and foreign institutional investors in Indian commercial real estate and this instrument is expected to play a significant role in shaping the country's office space market this year, according to Anarock.
1 min
In '24, India's sports economy rises 6%
India's sports economy expanded 6% in 2024 to reach ₹16,633 crore, according to GroupM ESP's Sporting Nation: Building a Legacy XII report.
1 min
Marine Le Pen barred from election
France's far-right leader Marine Le Pen's presidential ambitions were dealt a potential death blow after she was convicted of embezzlement by a French court and barred from running in the next election in 2027.
1 min
ABREL Selling Pulp, Paper Biz to ITC
Ditya Birla Real Estate Ltd (ABREL) on Monday announced the sale of its pulp and paper business to ITC Ltd for ₹3,498 crore as part of its strategy to focus on property business.
1 min
Prepare for more heatwaves, hotter summer, IMD warns
The elevated temperatures pose significant risks especially for the elderly, children
1 min
Life insurance settlements: when nomination, succession laws clash
How conflicting court rulings creates uncertainty over life insurance claims and what it means for policyholders
6 mins
Will India's tax cut spur consumption spending?
We can't ensure that it'll trigger the spending boom our economy needs. But its beneficiaries would be likelier to spend more if they could count on state back-up for, say, healthcare
2 mins
Don't Leave Labour Behind If Globalization Is To Succeed
The Merits Of Integration Are Clear But It Needs To Be Managed Better For Equitable Outcomes
3 mins
A new global order is emerging as Trump rolls the security dice
The US won't play its post-World War II role. What happens next will depend on others' responses
3 mins
AI frenzy: Are tech giants overbuilding data centers?
Big Tech firms may be making the wrong bet on what will assure them an edge in the age of GenAI
3 mins
Trump's auto tariffs will leave China free to rule the streets
The move threatens non-Chinese supply chains for electric vehicles
3 mins
What India Must Do for Private Sector Investment to Get Going
Policy certainty, trade openness and other structural reforms could accelerate the country's drive towards Viksit Bharat
3 mins
The best hack to beat heatwaves and dehydration
A balanced intake of water, hydrating foods can help prevent heatstrokes
2 mins
Five high-impact workouts to get ready for the summer
From a relaxed mobility routine to workouts for the back, biceps and chest, get tougher with these exercises
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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