Mint Kolkata - May 06, 2025
Mint Kolkata - May 06, 2025
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In this issue
May 06, 2025
KKR Revives Sale of RE Sustainability, Eyes Up to $1.5 Billion
American private equity (PE) giant KKR is planning to relaunch the sale of its waste management portfolio company after a delay of almost a year, three people with knowledge of the matter said.
1 min
Pahalgam: India starts 'flushing' hydro projects
India has begun work to boost reservoir holding capacity at two hydroelectric projects in Jammu and Kashmir, people with knowledge of the matter told Reuters, after fresh tension with Pakistan led it to suspend a water-sharing pact.
1 min
Russia's Putin Condemns Terror Attack in Kashmir
Russian President Vladimir Putin called Prime Minister Narendra Modi on Monday to reiterate his condemnation of the Pahalgam terror attack and to support India's fight against terrorism and efforts to bring the perpetrators to justice.
1 min
UTs Can Now Access 50-Year Interest-Free Loans
The inclusion aims to ensure uniform development and
1 min
Law ministry to start work on plugging gaps in arbitration law
The law ministry will start working on a bill to plug procedural gaps in the arbitration law following a Supreme Court directive, according to two people aware of the developments.
1 min
3G Capital to Acquire Skechers for $8.2 Billion
Investment firm 3G Capital will acquire footwear maker Skechers USA Inc. for $8.2 billion, the company said in a statement on Monday.
1 min
Eight quantum startups get help from govt to build apps
The startups will get up to ₹30 crore each in phase one of the National Quantum Mission
3 mins
New US bill to keep tabs on Nvidia chips
US lawmaker plans to introduce legislation in coming weeks to verify the location of artificial intelligence (AI) chips like those made by Nvidia after they are sold.
1 min
QED Plans to Invest $300 Mn in Apac in Next Five Years
Intech-focused global investment firm QED Investors, which started investing in Asia in 2020, expects to deploy $250-300 million in the region over the next five years, a top company official said.
2 mins
Live entertainment takes centre stage on streaming apps
Industry experts say the appeal lies in the unpredictability of live content: it's raw, real-time and communal
2 mins
No imminent change to space FDI strategy
The Centre does not intend to alter its foreign direct investment (FDI) strategy in the space sector, said Pawan Goenka, chairman of the Department of Space-affiliated regulatory body for the space industry, Indian National Space Promotion and Authorization Centre (In-Space), on Monday.
2 mins
Sensex rises to highest in 2025 on FII inflows
Benchmark BSE Sensex climbed nearly 295 points to close at an over four-month high on Monday following sustained foreign fund inflows and a sharp correction in global crude oil prices.
1 min
Quick commerce rivals are coming after DMart's turf
Stressed Out
1 min
Treasury Gains Cushion SBI in Q4
Unpredictable trend SBI's huge treasury operations with volatile income lead to profit swings.
2 mins
After correction, institutional appetite for mid-caps grows
Diverging trends
1 min
Non-core income boosts banks' Q4 show
More than loans
2 mins
Automobile retail sales rise 3% in April
Total auto sales in April stood at 2,287,952 units. All categories except commercial vehicles closed in the green
1 min
M&M breezes past slowdown concerns
Automaker's revenue, profit rise 20% in traditionally slow March quarter
2 mins
Asia Healthcare Set to Acquire Dr Dangs Labs
In recent months, there have been notable deals in the diagnostics space
2 mins
Saudi Push Into India Refining Stalls Over Crude Supply
Aramco Is Looking To Help Set Up Multibillion-Dollar Refineries In High-Growth Nations Including China And India
1 min
Rise of pet parents sparks scramble for fundraising
Pet care startups like Heads Up For Tails, Supertails, and Vetic are in talks for capital
2 mins
Joy Personal Care Targets Revenue of ₹1,500 Crore
Kolkata-based Joy Personal Care plans to double its revenue to ₹1,500 crore by FY28, led by a growing distribution network for its body wash, lotion and creams.
1 min
Sebi's Proposed Expiry Rule May Derail MSEI Revival Plan
The exchange's strategy to carve out a niche with SX40 contracts may no longer be viable
3 mins
IHCL bets on Taj, new hotels, marks up ₹1,200 cr outlay
While same-store RevPAR grew 12% in India and 7% overseas, its management fee income jumped 20% to ₹562 crore
2 mins
To win monopoly fight, Meta is touting a rival: TikTok
Meta Chief Executive Mark Zuckerberg said Instagram and Facebook have become more like TikTok
3 mins
Greg Abel's challenge: Lead Berkshire into a new era without the Buffett touch
For the first time in decades, Berkshire Hathaway is getting a new chief executive
6 mins
Coforge's profit misses expectation
Coforge posted fourth-quarter profit below estimates, as the IT company was hurt by increased expenses.
1 min
Rupee strengthens as crude price falls
The rupee surged 24 paise to 84.33 (provisional) against the US dollar on Monday, supported by a decline in crude prices and a positive trend in domestic equities.
1 min
Top-level rejig at Volkswagen India
German automaker Volkswagen Group's Indian subsidiary Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL) on Monday announced the appointment of Ashish Gupta as brand director of Skoda India and Nitin Kohli as Volkswagen Passenger Cars' brand director, effective from 1 May.
1 min
HC rejects RCB plea on Uber ad
The Delhi High Court on Monday dismissed a plea by Royal Challengers Sports Pvt. Ltd, owner of the IPL franchise Royal Challengers Bengaluru (RCB), seeking to restrain Uber India Systems Pvt. Ltd from running a bike-taxi advertisement that allegedly distorts one of RCB's popular slogans.
1 min
Marico CEO's term extended by 2 yrs
Home-grown fast-moving consumer goods (FMCG) major Marico Ltd said it has extended the tenure of managing director and chief executive officer (CEO) Saugata Gupta by re-appointing him for the next two years.
1 min
India Sees Debut RMBS Listing
India saw the listing of its first residential mortgage-backed securities sold through the bidding route on Monday.
1 min
Amplus Solar rebranded Gentari
Malaysian clean energy solutions provider Gentari has integrated its commercial and industrial (C&I) arm, Amplus Solar, into the Gentari brand.
1 min
Vedanta to repay $920 mn debt
(VRL), as part of a deleveraging exercise, has proposed to repay a $920 million debt in the current fiscal year and about $675 million in the next, a company official said.
1 min
Trump said the US film industry was dying a 'fast death' due to incentives from other countries. AP
President Donald Trump announced on Sunday a 100% tariff on movies produced outside of the US, saying the US movie industry was dying a \"very fast death\" due to the incentives that other countries were offering to draw American filmmakers.
1 min
Israel May Seize All Gaza in Expanded Operation, Officials Say
Israel may seize the Gaza Strip and control aid in an expanded offensive against Palestinian militant group Hamas that was approved by Prime Minister Benjamin Netanyahu's security cabinet on Monday, officials said.
1 min
Northwest India Likely to See Thunderstorms, Rains This Week
IMD Says Power and Communication Lines May Be Disrupted, Fruit Crops Damaged
1 min
Will Investors Back Ather's Electric Ambitions?
In terms of market share, Ather has a long way to go in electric two-wheeler sales. It still trails Ola Electric and TVS Motor by some distance.
8 mins
Volatile Markets Ahead? Where to Park Your Money
It's no exaggeration to say we are in turbulent times.
3 mins
Complete justice: Invoke Article 142 only in rare cases
The Tamil Nadu case has revived calls for judicial restraint in the use of this extraordinary power
3 mins
The 'alignment problem' of our systems has festered for too long
If we don't fix our systems, they'll eventually collapse under the weight of their own contradictions
3 mins
China began de-risking well before Trump's trade fury
Beijing has been working quietly even as Trump attacks the very foundation of American supremacy
3 mins
The Arc Of History Bending To Justice Is A Worrisome Fallacy
This famous saying fosters complacency that lets injustice prevail
3 mins
Economic Tailwinds Will Help the US Overcome Tariff Headwinds
Its strong institutions and zest for innovation will keep growth going even as Trump is forced to back-track on his policies
4 mins
Lat up: Workouts to help you get that V-back
For a strong and fab back, try these simple exercises that focus on your lats
2 mins
Why autism in Indian women is often overlooked
When Shreya Pawar from Mumbai was first diagnosed with borderline personality disorder in her late twenties, the label seemed to explain her whirlwind of emotions, constant anxiety, and frequent shutdowns.
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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