Mint Mumbai - January 17, 2023
Mint Mumbai - January 17, 2023
Go Unlimited with Magzter GOLD
Read Mint Mumbai along with 8,500+ other magazines & newspapers with just one subscription View catalog
1 Month $9.99
1 Year$99.99 $49.99
$4/month
Subscribe only to Mint Mumbai
1 Year $39.99
Buy this issue $0.99
In this issue
January 17, 2023
Layoffs at ShareChat to affect 600 employees
Mohalla Tech Pvt. Ltd, which runs the social media platform ShareChat and short video platform Moj, on Monday laid off around 20% of its employees due to \"external macro factors\" impacting the cost and availability of capital.
2 mins
Cognizant CEO Kumar sets sights on winning large deals
Cognizant Technology Solutions Corp.'s new chief executive wants employees to prioritize winning large deals to drive revenue growth, boost morale, and improve investor sentiment, without getting distracted by leadership changes, according to two executives privy to the development.
3 mins
Merchandise exports dive 12% in December
Demand slump in the US and European Union drag down India's trade
3 mins
Reserve Bank floats paper on credit-loss provisions
The Reserve Bank of India (RBI) is working on a set of guidelines for expected credit-loss provisions for banks to align its rules with the global regulatory framework.
2 mins
Viacom18 secures women's IPL media rights for ₹951 cr
Viacom18 has secured media rights for the upcoming Women's Indian Premier League (WIPL) for a total of ₹951 crore over five years till 2027, decisively outbidding its sole competitor, Disney Star.
1 min
No UK import duty on steel products
The UK has agreed not to impose a 4% countervailing duty (CVD) on certain Indian steel products, a move which would help domestic traders increase shipments, a senior government official said on Monday.
1 min
Cooling veg prices drag WPI inflation to 22-mth low in Dec
Seasonal factors, high base soothe veg inflation; manufactured products inflation slows to 3.37%
2 mins
Flipkart explores ChatGPT use cases, drones for delivery
Walmart-owned online retailer Flipkart is looking to firm up its tech stack by incorporating advanced artificial intelligence (AI) platforms such as ChatGPT. The company, which has used AI to tackle logistics issues and fraud in the past, is experimenting with natural language generation (NLG) -based chatbots, similar to Open Al's ChatGPT, Jeyandran Venugopal, Flipkart's chief product and technology officer said.
1 min
Vanguard gets extra ETF billions after largely shunning ESG
Vanguard Group, which quit the world's biggest climate-finance alliance in December, was the only major ETF provider to post an increase in European assets last year thanks to its lower exposure to environmental, social and governance (ESG) strategies, according to Morningstar Inc.
1 min
'Traders wrong on rate cut bets; don't see it easing off this year'
Central banks will keep raising rates this year to ensure inflation sticks to its downward path, defying traders who expect policy makers to ease off, according to BlackRock Inc. vice chairman Philipp Hildebrand.
1 min
FOMO stirs in Bitcoin's best start since 2020
Bitcoin has bolted out of January's starting gates with a climb of over 28%, turning up the heat on bears who anticipated more challenges for riskier investments after sharp selloffs in 2022.
1 min
Siemens India inks $3.2 bn electric loco deal with Railways
Global engineering and technology company Siemens has signed a ₹26,000 crore ($3.25 billion) contract with the Indian Railways for supplying and servicing electric locomotives for freight movement.
1 min
Davos meet to dwell on economy, war, climate change
The World Economic Forum is back with its first winter meetup since 2020 in the Swiss Alpine town of Davos, where leaders are seeking to bridge political divisions in a polarized world, buttress a hobbling economy and address concerns about a climate change-among many other things.
1 min
Airports Authority seeks to monetize land near airports
Plan to unlock revenue from land was suggested in the National Civil Aviation Policy, 2016
2 mins
Yellen sets surprise meet with China's Liu in Switzerland
US Treasury Secretary Janet Yellen will hold meeting with Chinese Vice Premier Liu He on 18 January in Zurich, making a detour on her way to talks in Africa.
1 min
Death toll from Russian missile strike rises to 40
Analysts see indications that Kremlin is preparing for a long war in Ukraine
2 mins
How India has been taxing capital gains on equity, gold, real estate
The history of capital gains taxation starting 1991; for equity, 2004 budget granted exemption from LTCG
5 mins
Scotch speculation over RBI's letter on inflation
Neither RBI nor the Centre has found it proper to disclose the former's failure note. Yet, it is unclear in what scenario any valid worry could outweigh the benefits of public disclosure
2 mins
Saudi Arabia's got money but can it also lure foreign capital?
Riyadh has an ambitious China-plus-one plan for manufacturing
3 mins
Five priorities for India Inc could help us reach ahead of the curve
A world in flux offers an opportunity to make this India's century' by working on five themes that'll prepare us for the future
3 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...
Cancel Anytime [ No Commitments ]
Digital Only
