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Mint Kolkata

Maggi crisis spurred Nestlé capex surge

Nestlé India's capex has risen from 1.8% of sales in 2015 to 10% of sales in the fiscal ended March 2025

3 min  |

June 04, 2025

Mint Kolkata

Amazon Introduces ₹5 Platform Fee for India

Amazon has introduced a flat ₹5 marketplace/platform fee on all customer orders in India, including those from Prime members.

1 min  |

June 04, 2025

Mint Kolkata

Securing your business legacy: Crucial tips for estate planning

I'm a 54-year-old man running a textile manufacturing unit. I want to ensure that upon my death, business operations and assets are secured. How can I protect my business interests after my death?

1 min  |

June 04, 2025

Mint Kolkata

China's New Trade Negotiator, He Lifeng, Is Ready to Play Hardball

Beijing's economic gatekeeper has a clear mandate from President Xi Jinping: China won't be catering to the U.S.

8 min  |

June 04, 2025

Mint Kolkata

Aequs files for IPO to raise $200 mn

Aequs, a contract manufacturing firm for consumer durable goods and aerospace parts, has filed draft papers with the Securities and Exchange Board of India (Sebi) through a confidential pre-filing route, with an aim to raise around $200 million.

1 min  |

June 04, 2025

Mint Kolkata

HDB Financial gets Sebi's nod for ₹12,500-crore IPO

At $1.5 billion, it would be the largest IPO by a non-bank financial company in India

2 min  |

June 04, 2025

Mint Kolkata

Musk Taps Investors for Billions Post Washington Exit

Musk's Presence in Washington Led to Widespread Criticism and Concern About the Performance of His Companies

1 min  |

June 04, 2025

Mint Kolkata

India boosts pharma PLI to cut reliance on Chinese imports

Upgraded plan will have more drug intermediates, active pharmaceutical ingredients.

1 min  |

June 04, 2025

Mint Kolkata

Staffing firms prefer placing staff in GCCs than IT firms

A GCC placement earns more commission for manpower firms than an IT services firm fresher

3 min  |

June 04, 2025

Mint Kolkata

Iyer's brand value poised to surge as he leads Punjab into IPL final

Shreyas Iyer's off-field value is rising in tandem with his on-field success. Punjab Kings' second appearance in the Indian Premier League (IPL) final after an 11-year wait could boost his brand value by 20-25%, talent consultants estimate.

3 min  |

June 04, 2025

Mint Kolkata

Toyota unit buyout faces criticism

The Toyota group's proposal to privatize Toyota Industries Corp. is drawing criticism from investors and analysts, who argue the ¥4.7 trillion ($33 billion) deal significantly undervalues the company and risks alienating shareholders with what many view as an unpalatable transaction.

1 min  |

June 04, 2025

Mint Kolkata

Adani Eyes Ground Ops at Two City Airports as Celebi Exits

Indian billionaire Gautam Adani's conglomerate is considering bidding for ground handling services at two airports, as it looks to diversify into a new line of business after India shut out Turkish operator Celebi Hava Servisi AS.

1 min  |

June 04, 2025

Mint Kolkata

Exports rescue Cummins in Q4

Cummins India Ltd's standalone Ebitda of ₹520 crore for the March quarter (Q4FY25) represents a 7% year-on-year rise, excluding a one-off cost-saving of ₹60 crore.

2 min  |

June 04, 2025

Mint Kolkata

Sebi's expiry day rule leaves MSEI investors uncertain

NSE had a 3-month rolling market share of 80% in equity options as on 30 April, with BSE having the rest

2 min  |

June 04, 2025

Mint Kolkata

Starmer Plans Sweeping Overhaul of Nukes, Military

Prime Minister Keir Starmer outlined a sweeping overhaul of the British military, including a costly expansion of the country's nuclear deterrent, but declined to specify when the UK would meet a key target of spending 3% of national output on defense.

1 min  |

June 03, 2025

Mint Kolkata

How much should the world's richest man get paid?

Elon Musk was the lowest-paid chief executive of an S&P 500 company last year. Tesla paid him $0.

4 min  |

June 03, 2025

Mint Kolkata

Trusteeship at a Crossroads: Why Regulation Is Key

Outdated and inconsistent laws expose the trustee services ecosystem to asset risks

2 min  |

June 03, 2025

Mint Kolkata

India seeks bigger, frequent dividends from state-run firms

The Indian government is asking state-run companies to increase dividend payouts by about 25% this financial year as Asia's third-largest economy seeks to bolster finances in a volatile global environment, according to people with knowledge of the matter.

1 min  |

June 03, 2025

Mint Kolkata

Jaypee Cement insolvency upheld

The insolvency appellate tribunal has approved the insolvency proceedings against the debt-ridden Jaypee Cement, upholding an earlier order passed by the National Company Law Tribunal (NCLT).

1 min  |

June 03, 2025

Mint Kolkata

Big Four Tighten Promotions, Salaries as Clients Cut Spends

Hikes are expected to be in the 5-7% range this year, compared to 7-9% last year

2 min  |

June 03, 2025

Mint Kolkata

Air India boosts ties with Air Mauritius

Air India and Air Mauritius on Monday announced expanding their codeshare partnership that will provide enhanced connectivity for India with South Africa, Reunion and Madagascar through Mauritius.

1 min  |

June 03, 2025

Mint Kolkata

For faster injury recovery, say no to fizzy drinks, alcohol

Alcohol suppresses your body's antioxidant defences and fizzy drinks cause energy crashes making recovery slow

3 min  |

June 03, 2025

Mint Kolkata

NMDC tests local iron ore pricing

India's key iron ore producer NMDC is testing a new pricing formula for its output to shield its profits from the volatilities reflected in global benchmarks, a source with direct knowledge of the matter told Reuters.

1 min  |

June 03, 2025

Mint Kolkata

Vodafone Idea resumes govt relief talks

Vodafone Idea Ltd has begun discussions with the government to explore a resolution on the telecom operator's substantial dues, barely two weeks after the Supreme Court rejected its plea for a waiver on related payments.

3 min  |

June 03, 2025

Mint Kolkata

Inside the Race for the Next Billion-Dollar League

The $16 billion IPL is the biggest T20 cricket league in the world. A battle is raging for second place

9 min  |

June 03, 2025

Mint Kolkata

India's protein deficiency encourages small brands to join the race

As protein takes center stage in the Indian diet, a new crop of startups is emerging to meet surging demand—with investors lining up to back what could be the next generation of consumer health brands.

2 min  |

June 03, 2025

Mint Kolkata

X factor: The sharp rise and fall of Elon Musk as a political figure

His short but eventful stint in politics may have created a cautionary model for other billionaires

3 min  |

June 03, 2025

Mint Kolkata

India's manufacturing PMI eases to 3-month low in May

Output slows

1 min  |

June 03, 2025

Mint Kolkata

Tesla not keen on making in India, says Kumaraswamy

Mercedes-Benz, Skoda-VW, Hyundai in talks with parent firms to participate in EV scheme

3 min  |

June 03, 2025

Mint Kolkata

Why Short Bursts of Cold Showers Are Good for You

Exposing yourself to cold water for 11 minutes per week is said to boost production of neurochemicals in the body

4 min  |

June 03, 2025