Mint Mumbai - January 16, 2023
Mint Mumbai - January 16, 2023
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In this issue
January 16, 2023
Deals worth ₹10,000 crore stall as CCI awaits quorum
Transactions worth more than ₹10,000 crore are hanging fire as India's competition authority lacks enough members to make decisions on them, prompting many businesses to approach the government for an early resolution.
2 mins
Embraer aims to boost localization plans in bid to land defence orders
Brazilian aircraft maker Embraer plans to increase local partnerships to support India's indigenization goals and boost defence exports, as India is projected to invest nearly $130 billion over 5-7 years to modernize its defence forces.
2 mins
RBI, Centre keep inflation failure letter under wraps
Reserve Bank of India's letter to the government citing the bank's failure to meet its inflation mandate for three straight quarters remains under wraps, with Mint Road and North Block citing separate reasons for the secrecy.
3 mins
Two years on, flex workspaces make a surprise comeback
Flexible workspace operators have seen a resurgence in India as companies bring employees back from remote work after a two-year period.
2 mins
Biz confidence jumps to a 2-yr high in Oct-Dec
Business confidence in India rose to a near two-year high in the December quarter, a survey by the Confederation of Indian Industry (CII) showed, reflecting optimism that India will escape the worst of the global economic turmoil.
2 mins
Apax ahead in race for stake in Quest Global
Deal may see Advent and Bain sell shares, along with some early backers
2 mins
Yuan dilemma in Russia trade
With rupee deals yet to take off, Russian buyers prefer to pay in yuan, but this may strengthen Chinese currency
3 mins
Govt may expand approved list of solar module makers to beat shortage
The union government may expand the scope of the Approved List of Modules and Manufacturers (ALMM) to enlist those companies which supply solar modules manufactured by original equipment manufacturers (OEM), said two people in know of the development.
2 mins
Electronics firms push for tariff cuts on parts
Manufacturers seek changes in import duties, GST and TDS threshold
2 mins
Why Q3FY23 results of telcos are unlikely to ring happy tones
The December quarter (Q3FY23) financial results of telecom companies are set to be lacklustre.
1 min
Attrition fails to curb IT costs as lateral, billable hirings rise
IT services industry may continue to see high attrition as startups poach trained manpower
2 mins
Carl Hahn, who led Volkswagen expansion, dies at 96
Carl Hahn, who led Volkswagen AG's international expansion in the 1980s after directing the rise of the Volkswagen Beetle in the US in the 1960s, has died. He was 96.
1 min
Hydrogen-IC engine may be key to India's net-zero goals
Tata Motors, Ashok Leyland, Switch bet on alternative technologies to cut carbon emissions
2 mins
Suriya ranks No.1 in IIHB ranking of southern celebs
Actor Suriya, primarily known for his work in Tamil cinema, is South India's top celebrity, according to a research study by the Indian Institute of Human Brands (IIHB).
1 min
Iran to get Russian fighter jets by March
Iran will receive a number of Russian Sukhoi Su-35 fighter jets by March as part of a military order that includes defence systems, missiles and helicopters, the semiofficial Tasnim news agency reported, citing an interview with a lawmaker.
1 min
More classified docs found at US Prez home
Joe Biden's lawyers discovered more classified material at his Wilmington, Delaware, home than previously announced, the White House said Saturday-deepening a crisis that threatens to sap any political momentum for the president.
1 min
68 Killed In Nepal's Deadliest Plane Crash In Three Decades
Nepalese Prime Minister Pushpa Kamal Dahal has set up a panel to investigate the accident
3 mins
Our bond of unity rests on Constitutional basics
Aspects of the Indian Constitution that are essential for a minimal national consensus should be considered its basic structure. These also constitute the key to India's long-term stability
2 mins
Watch out for equity gambles in the guise of ESG investment
There is sparse evidence to support stocks picked by CEO gender
3 mins
The Union budget should take a bifocal view of India's economy
It should address near-term challenges while laying the foundation for sustainable economic growth over the medium-term
4 mins
Mint Mumbai 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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