Mint Mumbai - June 06, 2023
Mint Mumbai - June 06, 2023
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In this issue
June 06, 2023
MTNL may be shut, moving ops to BSNL
The option of closure is under serious consideration since MTNL was continuing to make losses amid mounting debt, the officials cited above said on condition of anonymity.
4 mins
Byju's prepares to take test-prep unit Aakash public next year
NEW DELHI : Edtech giant Byju’s on Monday said it plans to take its wholly owned test-prep unit, Aakash Educational Services Ltd, public by the middle of next year.
2 mins
For some cancers, less treatment may be a better approach
Some patients with cervical and pancreatic cancer can doas well with less invasive surgery, according to research presented at the American Society of Clinical Oncology conference in Chicago over the weekend. Other studies at the annual meeting showed some patients with rectal cancer or Hodgkin lymphoma can safely get less radiation.
4 mins
'Most of our brands will be around ₹1,000 cr in 2 years'
NEW DELHI : Over the last few years, Arvind Fashions Ltd has overhauled its business and parted ways with several brands to make its portfolio lean.
3 mins
Essar embraces clean energy in green pivot
Ravi Ruia and his nephew Prashant are leading the turnaround
4 mins
PM flags off two schemes to revive wetlands, mangroves
New Delhi: In a move to revive wetlands and mangroves across the country, Prime Minister Narendra Modi on Monday launched two schemes named Amrit Dharohar and MISHTI (Mangrove Initiative for Shoreline Habitats and Tangible Incomes).
2 mins
Self-monitor fares on select routes, govt tells airlines
New Delhi: The civil aviation ministry has asked airlines to self-monitor air fares after the temporary suspension of Go First flights led to surge-pricing on routes where the airline had a strong presence.
1 min
'Spare cos with US, UK nod from strict cough syrup tests'
New Delhi: Pharma lobby Indian Drug Manufacturers Association (IDMA) has urged the government to exempt testing protocols from its new export policy for cough syrups if a manufacturer has approval from a highly regulated market like the US or UK.
1 min
India, US to cooperate on defence sector
India and the United States have concluded a roadmap for defence industry cooperation for the next few years, the Indian government says – a move expected to bolster New Delhi’s defence manufacturing ambitions.
1 min
Course5 closes $53 mn funding round
Data analytics startup Course5 Intelligence has closed its first external funding round at $53 million (about Rs 438 crore).
1 min
Investors sharpen focus on recycling firms
Technology innovation, improving robustness of business model, and a large addressable market combined with a regulatory push on sustainable development is driving investments in recycling companies in segments across plastics, e-waste, and batteries, according to a new report.
1 min
VC deals rise in May in boost for startup funding outlook
A total of 77 deals were inked last month with a cumulative investment value of $826 million
2 mins
Pricing edge may cost services cos
Business activity in India's services sector moderated slightly in May. The seasonally adjusted S&P Global India Services PMI Business Activity Index fell to 61.2 in May from 62 in April.
2 mins
Mahindra Finance sets healthy pace in May, but risks remain
Shares of Mahindra & Mahindra Financial Services Ltd (Mahindra Finance) have been scaling new highs frequently over the past few months.
2 mins
Crude oil surges as Saudi Arabia extends voluntary cuts in production
With Saudi Arabia announcing an additional production cut of crude oil, international crude oil prices surged over 2% on Monday.
1 min
Bets on coal, tobacco pay off for PPFAS
NEW DELHI E ven as ESG investing gains traction globally as one of the hottest strategies, one Indian fund manager's bet against the trade has proved to be a big boon.
1 min
India to be 3rd-largest construction market
Infra investments spur demand for building equipment: CNH Industrial
2 mins
RBI's Policy Rate Pause Is Set To Continue For Long Term
The status quo on the RBI's policy rates in April was perfectly in line with our expecoverwhelmingly strong market consensus in favour of a 25 basis points (bps) hike.
3 mins
Blending fiats not right way to sustainable jet fuel: IATA
India is weighing a directive mandating airlines to use blended sustainable jet fuel by 2025
2 mins
Goa Remains Hot Favourite For Summer Travellers Despite Sultry Weather
The Postcard Hotels and Resorts is commanding a premium of 17% across its four properties in Goa compared to last summer. Despite the sweltering heat, guests are willing to pay room charges of ₹25,000 per night, contributing to over 80% of its occupancy.
2 mins
RBI panel raises alarm on poor customer care
Proposes penalties for non-compliant entities, rewards for performers
2 mins
Adani Group's Comeback Plan Takes Shape With Debt Repayment
Adani Group on Monday said it has repaid loans aggregating $2.65 billion to complete a prepayment programme to cut overall leverage in an attempt to win back investor trust post a damning report of a US short seller.
1 min
PAG to pick minority stake in RK Pharma
Asian investment firm PAG plans to acquire a significant minority stake in specialty injectables company RK Pharma Inc. and its subsidiaries, according to people familiar with the deal.
2 mins
How to avoid falling for wellness myths
We examine two popular health and wellness myths to demonstrate how you can sift through evidence and arrive at the objective truth
4 mins
What running means to Indian enthusiasts
Ahead of Global Running Day on 7 June, runners talk about their passion
2 mins
Lessons from running a brutal marathon in the Sahara
Mahasweta Ghosh is one a few people to complete a multi-day marathon in the Sahara. This is how she did it
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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