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Mint Kolkata

Second day of raids on media giants

India's antitrust officers grilled media executives and seized data in an investigation into price fixing by global advertising agencies GroupM, Interpublic, Publicis and Dentsu, with raids continuing well past midnight into a second day on Wednesday, people familiar with the matter said.

1 min  |

March 20, 2025

Mint Kolkata

Impose 12% safeguard duty on steel: DGTR

The Directorate General of Trade Remedies (DGTR) has called for levying a 12% safeguard duty on imports of select steel products, after it found a substantial rise in the quantity of the alloy being pushed into the country, hurting local manufacturers by eating into their market share, reducing their profitability, and causing underutilization of production capacity.

1 min  |

March 20, 2025

Mint Kolkata

India, Canada see thaw in relations, mull high commissioner postings

India and Canada have resumed contacts between security agencies and are eyeing the possibility of appointing new high commissioners, paving the way for a reset of diplomatic ties after the storm over the 2023 killing of Khalistani separatist Hardeep Singh Nijjar, people familiar with the matter said.

2 min  |

March 20, 2025
Mint Kolkata

Mint Kolkata

Now, CXO hires keep India Inc. guessing

CXO dropouts are frustrating because the lengthy process has to start from scratch, delaying the company's plans. Headhunters are annoyed, too, since they get paid only if the candidate joins and works for a fixed minimum period.

2 min  |

March 19, 2025
Mint Kolkata

Mint Kolkata

Trump team explored simplified plan for reciprocal tariffs

Mexico would wait until April 2 and then decide whether to impose retaliation to Trump's tariffs, Sheinbaum said

3 min  |

March 19, 2025

Mint Kolkata

Zudio, Trent's greatest strength, may also be its biggest weakness

Trent Ltd, the parent firm of well-known brands such as Westside and Zudio, has been one of the fastest-growing companies in India's retail sector over the past five years, with its stock having surged about 935% since the start of the pandemic in March 2020.

2 min  |

March 19, 2025
Mint Kolkata

Mint Kolkata

Coming: Storm in the Superbike Teacup

They're ridden by one-percenters and make up just 0.4% of India's motorcycle market. Trump could change that.

7 min  |

March 19, 2025
Mint Kolkata

Mint Kolkata

WHY US MARKET MAY NO LONGER BE THE BEST GLOBAL BET FOR INDIAN INVESTORS

Indian investors have long focused on the US for global diversification and for good reason. Over the past decade, US equities outperformed, delivering over 19% compund annual growth rate (CAGR) in USD, driven by a booming tech sector.

2 min  |

March 19, 2025
Mint Kolkata

Mint Kolkata

Sebi's new settlement process under fire

Lawyers hired for settlement proceedings say the data shows slower resolution of the growing cases before Sebi

2 min  |

March 19, 2025
Mint Kolkata

Mint Kolkata

Why this state-run lender is courting lower-rated clients

With few 'AAA' and 'AA' firms, banks must tap lower-rated borrowers to grow, said a rating agency analyst

2 min  |

March 19, 2025
Mint Kolkata

Mint Kolkata

Still figuring out how AI will move through the economy

Chatterji agrees that AI's pace of change is much faster than that of previous technological revolutions

2 min  |

March 19, 2025

Mint Kolkata

Sebi's options move raises market fears

Brokers, proprietary desks and institutional traders are fretting over a recent regulatory proposal that they fear will reduce liquidity and raise trading costs in India's derivatives market.

2 min  |

March 19, 2025
Mint Kolkata

Mint Kolkata

Israeli strikes across Gaza kill over 300 Palestinians and shatter ceasefire

Israeli PM ordered the strikes after Hamas refused demands to change the ceasefire deal

4 min  |

March 19, 2025

Mint Kolkata

Supertails eyes Blue 7 to expand petcare footprint

Petcare startup Supertails is in talks to acquire Blue 7 Vets, a multi-specialty veterinary clinic, as part of its strategy to expand its offline presence, two people familiar with the matter told Mint.

1 min  |

March 19, 2025

Mint Kolkata

Is the capital gains tax to blame for the foreign-investor exodus?

It's being offered as an explanation to justify past stories gone wrong but is weak as an argument

3 min  |

March 19, 2025
Mint Kolkata

Mint Kolkata

All-robot assault opens new chapter in front-line warfare

In a snowy forest not long after dawn, a four-wheeled drone churned through the mud toward its target: a Russian bunker, where it eventually arrived and exploded.

4 min  |

March 19, 2025

Mint Kolkata

Bajaj: No cheer from Allianz deal

The Bajaj Group and Allianz SE are parting ways after 24 years. Bajaj will buy Allianz's 26% stake in its insurance business: Bajaj Allianz General Insurance Co. Ltd and Bajaj Allianz Life Insurance Co. Ltd.

2 min  |

March 19, 2025

Mint Kolkata

E-commerce aggregator 10Club nearing bankruptcy

For the past 6 months, vendor payments have stalled and employees face delayed, partial pay

3 min  |

March 19, 2025

Mint Kolkata

Best Street Race in Over a Month Sees All Join In

Large-caps, smids rise, as foreign, local investors see value at low levels

3 min  |

March 19, 2025

Mint Kolkata

Adobe Diversifies Beyond Its Cash Cow To Sell AI To Businesses

Adobe Inc has become the latest company to join the bandwagon to offer artificial intelligence services with its agentic AI platform as the technology firm diversifies beyond its core offering.

2 min  |

March 19, 2025

Mint Kolkata

Sectors that helped small-caps' survival

The carnage in small-cap stocks during the recent market correction has been widely noted. The BSE SmallCap index's 22% plunge into bear territory from its 52-week high, with approximately a third of small-caps declining 50% or more from their most recent highs, is a stark reminder of the risks in this segment.

1 min  |

March 19, 2025

Mint Kolkata

Amid 5G rollout, Vodafone Idea caught in satnet FOMO

Telco weighs satellite internet options, even as rivals Jio, Airtel push ahead with partnerships

2 min  |

March 19, 2025

Mint Kolkata

CCI Searches at Top Ad Agencies

India's advertising and broadcasting industries were rattled on Tuesday after the Competition Commission of India (CCI) conducted extensive searches at the offices of top media agencies and industry bodies.

2 min  |

March 19, 2025

Mint Kolkata

Two Stories of AI Transforming Healthcare

In other AI news this week, the Chinese AI model war hots up with Baidu's Ernie

1 min  |

March 19, 2025

Mint Kolkata

The US Government's War on Statistics Is Unlikely to End Well

Disbanding an independent panel of experts is a major mistake

3 min  |

March 19, 2025

Mint Kolkata

Global Investing Made Easy: Smart Strategies for Indians

Multi-asset funds help diversify across equities, debt, gold and global stocks with tax benefits

4 min  |

March 19, 2025

Mint Kolkata

Shapoorji Pallonji gets binding bids

A group of private credit funds has given binding commitments to Shapoorji Pallonji Group, which is raising as much as $3.3 billion in what could be India's biggest private credit deal, according to people familiar with the matter.

1 min  |

March 19, 2025

Mint Kolkata

LIC eyes health insurer stake: CEO

Life Insurance Corp. of India (LIC) hopes to decide on acquiring stake in a health insurance company by the end of March, its chief executive officer (CEO) said on Tuesday.

1 min  |

March 19, 2025

Mint Kolkata

Artha raises ₹330 cr to bolster its portfolio cos

Artha India Ventures, which has bet on a range of companies including OYO, and space startup Agnikul, has raised ₹330 crore for Artha Select Fund (ASF), a follow-on investment fund focused on backing winners in its existing portfolio, a person with direct knowledge of the matter told Mint.

1 min  |

March 19, 2025

Mint Kolkata

Deregulation: Relieve commerce of command-and-control relics

India's economy would benefit from another round of reforms to axe outdated regulations that hold private enterprise back

3 min  |

March 19, 2025