Newspaper
Mint New Delhi
Irdai considers increasing FDI in insurance to 100%
The Insurance Regulatory and Development Authority of India (Irdai) is considering increasing foreign direct investment (FDI) in the insurance sector to 100% from 74% now, Deepak Sood, whole-time member of Irdai, said at the Mint BFSI Summit and Awards held recently.
2 min |
January 29, 2025
Mint New Delhi
SpiceJet to reinduct grounded fleet
Domestic budget carrier SpiceJet on Tuesday said it is set to re-induct one of its grounded Boeing 737 Max aircraft into operations from 29 January, as part of its plan to put all these planes back into service in a phased manner.
1 min |
January 29, 2025
Mint New Delhi
IGX Gets Nod for Long-Term Contracts
The Indian Gas Exchange (IGX) announced the launch of long-duration gas supply contracts of 3-6 months, following approval from the Petroleum and Natural Gas Regulatory Board (PNGRB).
1 min |
January 29, 2025
Mint New Delhi
Mahindra Finance Q3 profit rises 63%
Mahindra and Mahindra Financial Services (Mahindra Finance) on Tuesday reported a 63% year-on-year increase in standalone profit after tax to ₹899 crore in the fiscal third quarter.
1 min |
January 29, 2025
Mint New Delhi
Cipla's Q3 margins hit record high despite US biz slowdown
Pharma major Cipla Ltd on Tuesday announced highest-ever quarterly revenue and EBITDA margin, as robust sales in India, Europe and emerging markets outweighed weakness in its US business.
1 min |
January 29, 2025
Mint New Delhi
The Raj extracted $65 trillion from us: Fact or fiction?
Oxfam's huge estimate does not withstand scrutiny as it makes too many flimsy assumptions
3 min |
January 29, 2025
Mint New Delhi
More tier-II companies are likely to drive IPO boom in 2025
After a year of record fundraising through initial public offerings (IPO), merchant bankers are expecting domestic IPOs to gather more steam in 2025, with increasing funding demand from tier-II companies.
2 min |
January 29, 2025
Mint New Delhi
Banking beyond borders: Can US citizens open accounts in India?
Exploring banking options for foreign nationals, from NRE, NRO and FCNR accounts to Gift City investments
4 min |
January 29, 2025
Mint New Delhi
Hybrid funds are best suited to handle current market volatility
Hybrid funds have well-balanced portfolios to take advantage of the best of all asset groups, say experts
3 min |
January 29, 2025
Mint New Delhi
Lightbox returns a third of its second fund to investors
Venture capital firm expects the fund to generate fivefold returns within 3-4 years
2 min |
January 29, 2025
Mint New Delhi
Hyundai Q3 profit dips 19% to ₹1,161 cr
Hyundai Motor India said its consolidated profit after tax declined 19% to ₹1,161 crore for the third quarter, hit by subdued demand and geo-political factors.
1 min |
January 29, 2025
Mint New Delhi
Gen Z Drives Demand for Affordable Luxury Section
Gen Z accounts for 20-25% of online lifestyle market, a report by Bain & Co. and Myntra said
2 min |
January 29, 2025
Mint New Delhi
Honda Sets Its Sights on 50% Share of World's Motorcycle Market
Honda Motor Co. is looking to capture half of the world's market for motorcycles as industry-wide sales of two-wheelers, both gas and electric, are tipped to reach 60 million units annually by 2030.
1 min |
January 29, 2025
Mint New Delhi
New incentives to tap Trump's China stance weighed
The government is considering offering fiscal incentives to attract fresh investments to harness opportunities emanating from US President Donald Trump's strong anti-China stance and to boost India's growth, including a second version of the 15% concessional corporate tax scheme for specific sectors, people aware of the development said.
1 min |
January 29, 2025
Mint New Delhi
Experts bat for green taxonomy for climate finance
India's climate financing activities need to be buttressed by a green taxonomy and new risk management models, said a panel of experts at the Mint BFSI Summit.
1 min |
January 29, 2025
Mint New Delhi
Avendus Cap winds down hedge fund; Holland to leave
The two funds have begun returning money to investors, with winding down expected by February
1 min |
January 29, 2025
Mint New Delhi
Nearly $2 bn earmarked for critical minerals sector
In 2023, India identified 30 minerals as \"critical\" for its energy transition efforts.
1 min |
January 29, 2025
Mint New Delhi
Bima Sugam: Unlocking the potential of digital insurance
The insurance industry expects government-backed digital insurance marketplace Bima Sugam, which is set to debut in a few months, to be a game-changer for the crucial sector.
1 min |
January 29, 2025
Mint New Delhi
Sops, recoveries fuel NTPC's Q3, but execution still crucial
TPC Ltd's consolidated Ebitda surged 20% year-on-year (y-o-y) to ₹13,700 crore in the December quarter (Q3FY25), driven by lower other expenses and slower growth in fuel costs as coal production ramped up.
1 min |
January 29, 2025
Mint New Delhi
Why Bollywood Has No Lights, Camera, Action
Producers aren't making films if Netflix or Amazon Prime Video haven't bought streaming rights
7 min |
January 29, 2025
Mint New Delhi
ANI vs OpenAI, starting 21 Feb
The Delhi High Court said on Tuesday that it will begin detailed hearings on 21 February to address the copyright infringement lawsuit filed by ANI Media, a New Delhi-based media company, against OpenAI, the San Francisco-based artificial intelligence research organization.
1 min |
January 29, 2025
Mint New Delhi
India, China Agree to Resume Air Travel
India and China have agreed to resume direct air services after nearly five years and work on resolving differences over trade and economic issues, New Delhi said, as relations continue to thaw after a deadly 2020 border clash.
1 min |
January 29, 2025
Mint New Delhi
DeepSeek May Boost Race for India AI Model
Chinese firm's low-cost model raises hopes of democratizing AI globally
2 min |
January 29, 2025
Mint New Delhi
Coming soon: a vaccine to help prevent cancer
Pharmaceutical giant GSK and the University of Oxford are creating a new cancer vaccine to prevent the disease from developing.
1 min |
January 28, 2025
Mint New Delhi
Today's world is literally and metaphorically bipolar
India must focus on its economic rise in a world that has the US and China acting as rival poles of power
4 min |
January 28, 2025
Mint New Delhi
Social media influencers in India shouldn't escape accountability
Online misguidance is a menace. Platform owners and the government should create a framework of checks and balances
3 min |
January 28, 2025
Mint New Delhi
JPMorgan Names New Leaders in India
JPMorgan Chase & Co. has promoted two of its most senior dealmakers as co-heads of investment banking in India as the US lender seeks to strengthen its position in the market following the recent departure of Navin Wadhwani.
1 min |
January 28, 2025
Mint New Delhi
Draft rules notified for One Nation, One Time
The government on Monday notified rules to harmonize all Indian clocks with indigenous atomic clocks to lend the Indian Standard Time (IST) a \"millisecond to nanosecond accuracy\".
1 min |
January 28, 2025
Mint New Delhi
Bitcoin slips below $100k as Chinese AI model rattles mkts
Bitcoin and other cryptocurrencies tumbled as the emergence of a new Chinese artificial intelligence model triggered a global selloff in riskier assets.
2 min |
January 28, 2025
Mint New Delhi
Aurea Group PE set to pump in $3-5 bn into beauty brands
The PE firm will remain focused on beauty and wellness, rather than diversifying into other sectors such as F&B
2 min |