Mint New Delhi - May 06, 2025
Mint New Delhi - 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
Sitharaman Urges ADB to Speed Up Financing Deals
Finance minister Nirmala Sitharaman on Monday urged the Asian Development Bank (ADB) to cut the processing time for its lending transactions and either enhance or better manage the capital available for lending.
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
UTs Can Now Access 50-Year Interest-Free Loans
The inclusion aims to ensure uniform development and
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
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
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
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
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
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 to buy Dr Dangs Labs
Asia Healthcare Holdings (AHH), backed by Singapore's sovereign wealth fund GIC, is set to acquire a majority stake in Dr Dangs Labs, a diagnostic chain operating in Delhi and Gurugram, said two people aware of the development.
1 min
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, Vetic are looking for capital
2 mins
New satcom licences for India-only ops: Centre
The Department of Telecom on Monday issued stringent security norms mandating legal interception of satellite communication services and barred companies from linking connection of users in any form with any terminal or facility located outside the country's border as well as processing of their data overseas.
1 min
IHCL bets on Taj, new hotels, plans to invest ₹1,200 cr
While same-store RevPAR grew 12% in India and 7% overseas, its management fee income jumped 20% to ₹562 crore
2 mins
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
Ukrainian naval drones shoot down Russian jets in military first, Kyiv says
The Kremlin said Russia's offer of a brief cease-fire is a test of Ukraine's willingness to work toward peace
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
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
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
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
Coforge's profit misses expectation
Coforge posted fourth-quarter profit below estimates, as the IT company was hurt by increased expenses.
1 min
Manappuram stake: Bain seeks CCI nod
Investment firm Bain Capital on Monday sought the approval of fair trade regulator Competition Commission of India (CCI) to acquire a significant stake in non-banking financial company Manappuram Finance through a multi-layered deal.
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
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
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
Mint New Delhi Newspaper Description:
Publisher: HT Digital Streams Ltd.
Category: Newspaper
Language: English
Frequency: Daily
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