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Mint Kolkata

Tesla's India head quits before launch

Tesla's country head for India has resigned after nine years at the company and ahead of the US EV maker's planned entry into the world's third-largest car market, Bloomberg News reported on Thursday, citing people familiar with the matter.

1 min  |

May 09, 2025

Mint Kolkata

Dabur to rationalize product lines

Homegrown FMCG major Dabur India will exit categories such as tea, adult and baby diapers, and sanitising products as part of rationalisation of its underperforming products, said CEO Mohit Malhotra.

1 min  |

May 09, 2025

Mint Kolkata

RBI gives FPIs more flexibility to invest in corporate bonds

Experts call it a positive move for the Indian corporate bond market and for lower-rated and short-term paper

2 min  |

May 09, 2025

Mint Kolkata

Pots, pans and reels keep this brand hot

They feature in the Duchess of Sussex's With Love, Meghan Netflix cooking show. They've been spotted in rapper Snoop Dogg's kitchen. Top chefs can't live without them, and TikTok posts draw millions.

1 min  |

May 09, 2025

Mint Kolkata

FMCG cos cut costs amid tepid demand

No so fast-moving Cost-control measures emerged as a crucial buffer amid lacklustre performance of FMCG firms in Q4

2 min  |

May 09, 2025

Mint Kolkata

State-run lenders for Gensol's cars dither on what to do next

Gensol had borrowed from PFC and Ireda to buy 4,700 EVs, which were leased to BluSmart

3 min  |

May 09, 2025

Mint Kolkata

Is it a non-profit or for-profit? OpenAI's choice is not a relief

Sam Altman seems keen to have it both ways and that's a problem

3 min  |

May 09, 2025

Mint Kolkata

RIL withdraws Op Sindoor application

Jio Studios said the application had been filed inadvertently by a junior person without authorization

2 min  |

May 09, 2025

Mint Kolkata

BSE Directs To Beef Up Cybersecurity

The Bombay Stock Exchange (BSE) has directed market participants to take precautionary measures on potential \"high-impact\" cyber-attacks by beefing up security monitoring of the systems with appropriate incident response plans, in a circular issued on Wednesday.

1 min  |

May 09, 2025

Mint Kolkata

Asian Paints Misses Q4 Profit Estimates

Asian Paints missed fourth-quarter profit estimates on Thursday, dented by weak retail demand for its decorative paints as consumers gravitate to more affordable local brands, along with losses from the sale of its Indonesian business.

1 min  |

May 09, 2025

Mint Kolkata

FMCG industry clocks 11% growth in Q1

The Indian fast-moving consumer goods (FMCG) industry reported 11% year-on-year value growth in the March quarter, driven by a 5.1% volume increase and a 5.6% price hike, according to NielsenIQ.

2 min  |

May 09, 2025

Mint Kolkata

Small-caps, IndusInd Bank among FPI bold bets in Q4

(FPIs) leaned into India's equity markets with a sharper eye for selective plays in the final quarter of FY25, showing bullish conviction despite heightened volatility.

2 min  |

May 08, 2025

Mint Kolkata

FY25 tax returns: ITR forms call for broader disclosures

Taxpayers must navigate significant changes on capital gains, tax-saving investments, HRA

4 min  |

May 08, 2025

Mint Kolkata

A diversified stock portfolio or a concentrated one? An easy pick

Investing success takes both luck and skill—and diversification gives the latter a larger role to play

3 min  |

May 08, 2025

Mint Kolkata

China's factories start to imagine a world without American buyers

The trade war is hurting China's economy, with factory activity in April posting its worst contraction since 2023

2 min  |

May 08, 2025

Mint Kolkata

Hydropower units see stepping up of security protocols

Hydro plants are well-secured, but security protocols are intensified during times of elevated tension

1 min  |

May 08, 2025

Mint Kolkata

Adani solar park, RIL refinery on alert

Jamnagar oil refinery is also under high alert as the area has an airbase and is a no-fly zone for civilian aircraft

2 min  |

May 08, 2025

Mint Kolkata

India-UK FTA: Exporters size up rivals in a foreign field

The deal comes just as higher tariffs from the US threaten to disrupt key export sectors

2 min  |

May 08, 2025

Mint Kolkata

Buddha jewels auction postponed

Sotheby's on Wednesday postponed an auction of jewels associated with Buddha's remains after India's Ministry of Culture issued a legal notice, demanding the sale to be halted, saying it violates \"Indian laws, international norms and UN conventions.\"

1 min  |

May 08, 2025

Mint Kolkata

Essential services law could be invoked to curb hoarding

Govt last invoked Esma during Covid-19 pandemic to prevent disruptions in healthcare

1 min  |

May 08, 2025

Mint Kolkata

Cabinet approves fresh coal linkages amid power demand

The policy is to help thermal plants procure coal with some procedures being eased

1 min  |

May 08, 2025

Mint Kolkata

Scotch, gin may not get cheaper

Indian consumers eyeing cheaper Scotch whisky and gin after the India-UK trade pact should steel themselves for a disappointment.

2 min  |

May 08, 2025

Mint Kolkata

How ZEISS Is Shaping the Future of Eyecare in India—A Crafting Bharat Special Feature

Boris Dejonckheere discusses how ZEISS is leveraging its 179 years legacy to revolutionize the eyecare industry with innovation, style, and sustainability. This Crafting Bharat special feature by NewsReach, brings into focus how eyewear today is about enhancing how we see and how we are seen

4 min  |

May 08, 2025

Mint Kolkata

Why medical device makers are spooked by free trade deal

The free trade agreement with the UK is expected to open up a large market for Indian exporters but has left at least one sector flustered. Domestic manufacturers of medical devices fear Chinese-made products could be routed into India through the UK by exploiting the zero-tariff provisions under the bilateral trade pact.

1 min  |

May 08, 2025

Mint Kolkata

What's next for defence stocks?

The defence sector has come into sharp focus following India's retaliatory attacks targeting terrorist infrastructure in Pakistan and Pakistan-occupied Jammu & Kashmir early Wednesday.

1 min  |

May 08, 2025

Mint Kolkata

US-China to hold trade talks

U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will travel later this week to Switzerland for trade talks with China led by Vice Premier He Lifeng, seeking to de-escalate a tariff standoff that has threatened to hammer both economies.

1 min  |

May 08, 2025

Mint Kolkata

No 3rd-party rights on more EVs: HC to Gensol, BluSmart

Court asks companies to submit comprehensive statements of assets and liabilities

3 min  |

May 08, 2025

Mint Kolkata

Deal comes as win-win boost for both British, Indian green energy firms

The free trade agreement (FTA) with the UK has come at the right time for domestic manufacturers of solar modules and wind turbines, potentially opening the doors wider for them to diversify their exports beyond the US.

2 min  |

May 08, 2025

Mint Kolkata

Celebrating Gieve Patel, the generous mentor

Hoskote attributes Patel's appeal among younger artists to his clarity of thought and his refusal to follow dogmas

4 min  |

May 08, 2025

Mint Kolkata

AI application startups set to get more investments from VC firms

AI startups aren't building horizontal platforms anymore. They're focusing on vertical solutions

2 min  |

May 08, 2025