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Mint New Delhi

ChatGPT Didn't Use India Media to Train

OpenAI is seeking to stop Indian media groups, including those of Gautam Adani and Mukesh Ambani, from joining a copyright lawsuit against the US company, saying it does not use their content to train ChatGPT, a legal filing seen by Reuters shows.

1 min  |

February 13, 2025

Mint New Delhi

PFC Q3 profit rises 23% to ₹7,760 crore

State-owned Power Finance Corp. on Wednesday posted an over 23% rise in its consolidated net profit to ₹7,759.56 crore in the December quarter compared to a year ago, mainly on the back of higher revenues.

1 min  |

February 13, 2025

Mint New Delhi

NIIF Plans $2 Billion Pvt Credit Venture

India's quasi-sovereign fund is looking to raise as much as $2 billion in its latest private credit fund, chief executive officer Sanjiv Aggarwal said Wednesday, amid rising investor demand for high-yielding debt.

1 min  |

February 13, 2025

Mint New Delhi

Nykaa's challenges: Revive fashion biz, improve margins

Staying steady

1 min  |

February 13, 2025

Mint New Delhi

Foxconn ready to buy Renault stake

The head of Taiwan's Foxconn said on Wednesday it was open to buying French auto giant Renault's stake in Japan's Nissan after reports last year said it had made an approach for the company.

1 min  |

February 13, 2025

Mint New Delhi

SC Probes Sahara's Versova Land Sale Rights

The Supreme Court (SC) on Wednesday sought a response from the Maharashtra government on the environmental status of debt-ridden Sahara Group's 106-acre Versova land in Mumbai.

1 min  |

February 13, 2025

Mint New Delhi

Torrent Buys Stake in Gujarat Titans

Torrent Group is buying the stake from Irelia Co. Pte. Ltd, which is fully owned by CVC.

1 min  |

February 13, 2025

Mint New Delhi

Retail inflation at five-month low in Jan

The Index of Industrial Production rose 3.2% in December, down from 5% the previous month

2 min  |

February 13, 2025

Mint New Delhi

Govt Extends Due Date for Schedule M

The government on Wednesday extended the due date for implementation of revised Schedule M—good manufacturing practices provision, for small and medium pharmaceutical firms with turnover of ₹250 crore or less, till the end of this year.

1 min  |

February 13, 2025

Mint New Delhi

'Affordable housing demand not down'

DFC Capital Advisors managing director and chief executive officer Vipul Roongta on Tuesday said the supply of affordable housing has gone down across major cities but not the demand, and urged real estate developers to focus on building homes costing ₹50 lakh to ₹1 crore.

1 min  |

February 12, 2025

Mint New Delhi

Apollo Hospitals to continue its focus on high complexity care

Apollo Hospitals plans to drive its high complexity care and specialties business to realize higher revenue, senior management executives told Mint in an interview.

2 min  |

February 12, 2025

Mint New Delhi

Two partners are leaving Peak XV

Peak XV Partners, formerly part of Sequoia Capital, is losing two of its partners, according to people familiar with the matter, months after the firm reduced its latest growth fund and cut fees on others.

1 min  |

February 12, 2025

Mint New Delhi

Vodafone Idea Q3 loss narrows

Vodafone Idea reported a smaller-than-expected third-quarter loss on Tuesday, as the telecom operator's per-user revenue continued to be boosted from July's tariff hikes.

1 min  |

February 12, 2025

Mint New Delhi

Shriram eyes green portfolio growth

Shriram Finance aims to boost its green portfolio 20-fold over the next three years as it diversifies its loan book, a top official said on Tuesday.

1 min  |

February 12, 2025

Mint New Delhi

Meta starts cutting jobs to find AI talent

Meta workers who were laid off were notified via email, said people familiar with the matter. AFP

1 min  |

February 12, 2025

Mint New Delhi

B'desh urges Adani to restore power

Bangladesh has asked Adani Power to fully resume supplies from its 1,600-megawatt plant in India, a Bangladesh official said, after more than three months of reduced sales with supplies halved due to low winter demand and payment disputes.

1 min  |

February 12, 2025

Mint New Delhi

Israel Should End Truce If Hostages Not Freed Saturday

The six-week truce between Israel and Hamas was agreed last month and is set to end in early March

2 min  |

February 12, 2025

Mint New Delhi

Easebuzz gets nod to be an online PA

Payment solutions provider Easebuzz has received final authorisation from the Reserve Bank to operate as an online payment aggregator (PA), according to a release.

1 min  |

February 12, 2025

Mint New Delhi

KFC India operator Q3 profit declines

Devyani International, which operates KFC and Pizza Hut restaurants in India, reported a lower pre-tax profit, hurt by soaring costs due to rapid store expansion, pushing its shares down by nearly 4%.

1 min  |

February 12, 2025

Mint New Delhi

Centre May Extend Duty-Free Urad Imports

Urad production has fallen from 2.7 mt in FY22 to 2.6 mt in FY23 and 2.3 mt in FY24, as per agriculture ministry data

1 min  |

February 12, 2025

Mint New Delhi

Steelmakers Brace for Trump's 25% Tariff

India will be a prime target for overseas exporters, given its growing appetite for steel, said Naveen Jindal

2 min  |

February 12, 2025

Mint New Delhi

Why Sebi Halted Trading in LS Industries, Pacheli Industrial

For months, shares of LS Industries Ltd (LSIL), a little-known textile firm with no revenue, soared inexplicably, transforming it—on paper—into one of India's most valuable companies.

2 min  |

February 12, 2025

Mint New Delhi

Rupee's Biggest Rise in Two Years Sends Bears Scurrying

The rupee has weakened more than 2% since new RBI governor Sanjay Malhotra took office in December

2 min  |

February 12, 2025

Mint New Delhi

NTPC in talks with foreign cos on N-power

State-run NTPC Ltd., India's biggest power producer, is in initial talks with a range of foreign technology suppliers to expand in nuclear energy as the country steps up its decarbonization efforts, a company executive said.

1 min  |

February 12, 2025

Mint New Delhi

India, Israel resolve to strengthen ties, commit to combat terrorism

India and Israel reaffirmed their commitment to strengthening trade and infrastructure ties, with commerce and industry minister Piyush Goyal setting an ambitious goal of increasing bilateral trade tenfold from the current $6.5 billion.

2 min  |

February 12, 2025

Mint New Delhi

Rural Jobs Scheme, DBT Cause Labour Crunch: L&T Chair

L&T chairman said the workforce migration crisis is being felt on businesses and infra development in cities

1 min  |

February 12, 2025

Mint New Delhi

Bidding for oil and gas blocks launched

The Union ministry of petroleum and natural gas on Tuesday launched the 10th round of bidding for oil and gas exploration & production under the Open Acreage Licensing Policy (OALP).

1 min  |

February 12, 2025

Mint New Delhi

Zeta's valuation zooms to $2 bn after $50 mn funding

The investment was made by healthcare services firm Optum, an arm of the UnitedHealth Group

1 min  |

February 12, 2025

Mint New Delhi

Eicher's bet on volume over margin dampens confidence

Eicher Motors Ltd's approach of achieving volumes by sacrificing margin has rattled investors, pulling the stock nearly 7% down on Tuesday.

1 min  |

February 12, 2025

Mint New Delhi

India to remain the fastest growing economy, says FM

Sitharaman said that food inflation has moderated, even amid economic uncertainty

2 min  |

February 12, 2025