Mint Kolkata - May 09, 2025

Mint Kolkata - May 09, 2025

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In this issue
May 09, 2025
Any military attack will be met with a very firm response
India has no intention to escalate the situation with Pakistan, but if there are military attacks on the country, then it will be met with a \"very\" firm response, external affairs minister S. Jaishankar said on Thursday.
1 min
RIL withdraws Op Sindoor application
Jio Studios said the application had been filed inadvertently by a junior person without authorization
2 mins
Health emergency plan for J&K with portable hospitals
Health secretary Punya Salila Srivastava met with J&K officials to review preparedness
2 mins
Streaming platforms directed to take down Pakistani content
The ministry of information and broadcasting issued an advisory on Thursday asking all streaming platforms and intermediaries operating in India to immediately stop showing Pakistani content such as web series, films, songs and podcasts.
1 min
Novopor eyes US expansion after key acquisition
Novopor wants to establish itself as a leading global CDMO in performance chemicals and material sciences
1 min
PB Healthcare secures $218 mn seed capital
Firm will set up a 1,000-bed hospital network in National Capital Region
2 mins
Rupee falls 89p, the most since Feb 2023
The Indian rupee fell nearly 1% on Thursday amid rising tensions between India and Pakistan.
1 min
Dabur stock lacks triggers amid weak financial show
Rolling down
1 min
Polycab delivers a stellar FY25
An amplifier Polycab surpassed ₹20,000 crore in revenue a year before target, with wires and cables segment a key driver.
2 mins
RBI gives FPIs more flexibility to invest in corporate bonds
Experts call it a positive move for the Indian corporate bond market and for lower-rated and short-term paper
2 mins
Caution rings among investors as India-Pak tensions escalate
The Nifty put-call ratio hit 1.89, the highest since data has been collated, reflecting heightened caution
2 mins
FMCG cos cut costs amid tepid demand
No so fast-moving Cost-control measures emerged as a crucial buffer amid lacklustre performance of FMCG firms in Q4
2 mins
Titan names Ajoy Chawla as next MD
Ajoy Chawla's elevation marks a strategic shift as he takes the reins after significant growth in the jewellery segment
1 min
Merger plans halted for 3 general insurers
Centre has given the companies time to notch up sustained profitability
2 mins
FMCG industry clocks 11% growth in Q1
The Indian fast-moving consumer goods (FMCG) industry reported 11% year-on-year value growth in the March quarter, driven by a 5.1% volume increase and a 5.6% price hike, according to NielsenIQ.
2 mins
Merchant bankers of IPOs under Sebi lens
The market regulator's rare order barring First Overseas Capital Ltd (FOCL) from taking on any new initial public offering (IPO) assignments after uncovering alleged fund diversion from an IPO may signal increased scrutiny of merchant bankers, experts said.
1 min
State-run lenders for Gensol's cars dither on what to do next
Gensol had borrowed from PFC and Ireda to buy 4,700 EVs, which were leased to BluSmart
3 mins
Mutual funds chase value in beaten-down mid, small-caps
Contrarian bets
2 mins
Sula eyes festivals, premium range after wine sales ease
Dip in red wine demand, growing competition prompt it to boost own labels and cut imports
3 mins
Shipping companies are skeptical of Donald Trump's truce with the Houthis
The Fed cut its benchmark short-term rate by 1 percentage point in the second half of 2024 as inflation declined
3 mins
Apple's existential crisis: Can it build a future around AI?
Siri couldn't do any of the cool things Apple had promised. Then came the tariffs, chomping away at iPhone profits
4 mins
Fentanyl Crisis Provided Opening for Trade Talks Between U.S. and China
Planned meeting in Switzerland to be first direct talks over trade during Trump's second term
4 mins
LG India works on new $600 mn plant
G Electronics India has begun construction on its third plant in the country, the company and India's Andhra Pradesh state government, where the facility is located, said on Thursday.
1 min
White smoke billows from Sistine Chapel as new pope elected
White smoke rose from the Sistine Chapel on Thursday and the bells of St. Peter's rang out, signaling that cardinals have elected a new pope to succeed Pope Francis and take charge of the Roman Catholic Church.
1 min
BSE Directs To Beef Up Cybersecurity
The Bombay Stock Exchange (BSE) has directed market participants to take precautionary measures on potential \"high-impact\" cyber-attacks by beefing up security monitoring of the systems with appropriate incident response plans, in a circular issued on Wednesday.
1 min
Tesla's India head quits before launch
Tesla's country head for India has resigned after nine years at the company and ahead of the US EV maker's planned entry into the world's third-largest car market, Bloomberg News reported on Thursday, citing people familiar with the matter.
1 min
Paytm, CEO settle case with Sebi
Vijay Shekhar Sharma, the founder and managing director of One97 Communications Ltd, has settled a regulatory probe by the Securities and Exchange Board of India (Sebi) over alleged irregularities in the grant of employee stock options (Esops) ahead of its 2021 initial public offering (IPO).
1 min
Asian Paints Misses Q4 Profit Estimates
Asian Paints missed fourth-quarter profit estimates on Thursday, dented by weak retail demand for its decorative paints as consumers gravitate to more affordable local brands, along with losses from the sale of its Indonesian business.
1 min
Mumbai flights to cost more
Catching a flight from Adani Airports-managed Chatrapati Shivaji Maharaj Mumbai International Airport (Csmia) will become more expensive from 16 May.
1 min
Escorts Kubota Q4 net profit rises 18%
Escorts Kubota on Thursday said its consolidated net profit rose 18% to ₹318 crore in FY2025's fourth quarter on high sales.
1 min
Dabur to rationalize product lines
Homegrown FMCG major Dabur India will exit categories such as tea, adult and baby diapers, and sanitising products as part of rationalisation of its underperforming products, said CEO Mohit Malhotra.
1 min
India Sets Record Grain Target of 354.64 mt for 2025-26
Production increase expected in rice, wheat, maize; to boost exports, ease inflation.
1 min
WHEN BUYING ANY FINANCIAL PRODUCT, SCEPTICISM HAS TO BE YOUR BEST DEFENCE
Advisors may lack objectivity due to conflicts of interest from earning product commissions
2 mins
EPF maze: service gap glitch could leave NRIs out in cold
Overseas stints can derail gratuity, EPF if employers pause contributions or mark exit dates
4 mins
Buffett May Retire, But the Lessons He Leaves Us Will Remain Valuable
Behind his humor lies a genius for investment that has as much to do with emotions as numbers
3 mins
Is it a non-profit or for-profit? OpenAI's choice is not a relief
Sam Altman seems keen to have it both ways and that's a problem
3 mins
For the weekend Of mothers and art workshops
A Mint guide to what's happening in and around your city
1 min
The iconic wristwatches that travelled to space
Once upon a time, watches were essential tools that accompanied mankind to space and landed on the moon. This is their story
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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