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Mint Kolkata

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 Kolkata

Meta starts cutting jobs to find AI talent

Meta Platforms Inc. began notifying staff of job cuts on Monday, kick-starting a process that will terminate thousands of people as the company cracks down on \"low-performers\" and scours for new talent to dominate the artificial intelligence (AI) race.

1 min  |

February 12, 2025

Mint Kolkata

Centre may extend duty-free urad imports

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

1 min  |

February 12, 2025

Mint Kolkata

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 Kolkata

A Swim Workout Is Always a Good Idea. Here's Why

Water workouts are a great aid for strength training, cardio and recovery

2 min  |

February 11, 2025

Mint Kolkata

Google AI chief says DeepSeek's cost claims are 'exaggerated'

The notion that China's DeepSeek spent under $6 million to develop its artificial intelligence (AI) system is \"exaggerated and a little bit misleading,\" according Google DeepMind boss Demis Hassabis.

1 min  |

February 11, 2025

Mint Kolkata

How Couples Can Harness the Best of Both Old and New Tax Regimes

Couples could use house rent allowance and tax planning to lower their overall tax outgo post-budget 2025

3 min  |

February 11, 2025

Mint Kolkata

Baldota plans ₹54,000 cr plant

At the head of the global investors meet (GIM), the Karnataka government received a major boost as the Baldota Group announced an investment of ₹54,000 crore to set up an integrated steel plant in Koppal taluk with a production capacity of 10.50 million tonne per annum.

1 min  |

February 11, 2025

Mint Kolkata

Bata Misses Q3 Profit Estimates

Footwear maker Bata India posted a smaller-than-expected third-quarter profit on Monday, hurt by sluggish consumer demand amid high inflation.

1 min  |

February 11, 2025

Mint Kolkata

Consistency Is The Holy Grail In Your Fitness Journey

For fitness and nutrition coach Raj Ganpath, the way to a fitter you lies in sticking to your health routines diligently

3 min  |

February 11, 2025

Mint Kolkata

Quality Power IPO to open on 14 Feb

IPO comprises a fresh issue of equity shares aggregating up to ₹225 crore.

1 min  |

February 11, 2025

Mint Kolkata

Reset import tariffs: Trump's policies offer us a pretext

Let's use this moment to lower duties across the board and let a weaker rupee push up exports

4 min  |

February 11, 2025

Mint Kolkata

Nokia hires Intel's AI executive as CEO

Nokia Oyj said it was replacing chief executive officer Pekka Lundmark with Intel Corp.'s Justin Hotard in a surprise announcement as the network equipment maker works to exit a prolonged slump in orders from phone operators.

1 min  |

February 11, 2025

Mint Kolkata

Rolls-Royce to double India sourcing

Rolls-Royce said it will double its sourcing from India over the next five years. BLOOMBERG

1 min  |

February 11, 2025

Mint Kolkata

At these getaways, it's the food that heals

As wellness tourism reshapes the culinary landscape, travellers are trading indulgence for meals that nourish the body and heal the soul

4 min  |

February 11, 2025

Mint Kolkata

Varun Beverages misses profit view

Pepsi India bottler Varun Beverages reported fourth-quarter profit below analysts' estimates on Monday, as higher raw material costs overshadowed volumes growth driven by its expansion in Africa.

1 min  |

February 11, 2025

Mint Kolkata

Berger Paints open to acquisitions

Berger Paints Ltd chairman Rishma Kaur on Monday said that the company will continue to build on its century-old legacy of trust and innovation while focusing on \"sustainable\" growth and strategic expansion.

1 min  |

February 11, 2025

Mint Kolkata

International cooperation has a key role in fostering 'AI for Good'

The Paris summit offers a platform for stakeholders to discuss AI aimed at sustainable development

3 min  |

February 11, 2025

Mint Kolkata

What is Elon Musk getting up to with America's payment system?

On the morning of January 28th, April Mullins-Datko, the director of ADVOCAP, a social-services provider in Fond du Lac, a city of 40,000 people in Wisconsin, put in her usual request to draw down $250,000 to pay staff salaries and other expenses connected with Head Start, a federal program that provides childcare, education and food to families on low incomes.

4 min  |

February 11, 2025

Mint Kolkata

GAIL Revives Plan to Buy US LNG

AIL India Ltd will seek to buy a stake in a US liquefied natural gas (LNG) plant or secure long-term US LNG supply after the Trump administration lifted a ban on export permits for new projects, chairman Sandeep Kumar Gupta said.

1 min  |

February 11, 2025

Mint Kolkata

Trump's Next Round of Tariffs—25% on Steel and Aluminum—Won't Be So Easily Averted

Plans to announce reciprocal tariffs on trading partners are also in the mix

6 min  |

February 11, 2025

Mint Kolkata

Businesses require restructuring to thrive in today's environment

From climate change to AI and geopolitics, there are many factors they must consider while framing long-range strategies

3 min  |

February 11, 2025

Mint Kolkata

Eureka Forbes Q3 profit rises 53%

Eureka Forbes Ltd, a health and hygiene products maker, on Monday reported a 52.5% increase in its consolidated net profit to ₹35.03 crore in the December 2024 ending quarter.

1 min  |

February 11, 2025

Mint Kolkata

NCLT Recalls Order Against Logix Infra

In a rare move, National Company Law Tribunal (NCLT) has recalled and set aside its own order directing insolvency proceedings against realty firm Logix Infrastructure in July 2023, saying the plea was initiated with \"fraudulent and mala fide intentions,\" and a collusive petition was filed by the financial creditor.

1 min  |

February 10, 2025

Mint Kolkata

Credit markets brush off tariff worries

Even US President Donald Trump's tariff rhetoric can't rattle credit markets, a sign to some money managers and strategists that the market is too complacent.

2 min  |

February 10, 2025

Mint Kolkata

Activist Elliott Said to Build Stake in Struggling Oil Major BP

Fund seeking to boost shareholder value by pushing firm to consider transformative measures

2 min  |

February 10, 2025

Mint Kolkata

An MPC rate cut could've waited for a clearer outlook

Prudence and a fast-evolving scene had made a clear case for it to mark time while letting RBI handle liquidity

4 min  |

February 10, 2025

Mint Kolkata

Can my wife add unclaimed home loan interest to acquisition cost?

We are going to sell a house in my wife's name. My wife and I had a joint home loan on the house which I paid fully. I did not claim any tax deduction on the home loan interest. At the time of sale, can my wife add the unclaimed interest to the cost of acquisition to calculate capital gains?

1 min  |

February 10, 2025

Mint Kolkata

Zomato: Visionary leap or just a name game?

The food and grocery delivery company's rebranding to Eternal follows a path well-trodden by global tech giants like Meta, Alphabet and X

4 min  |

February 10, 2025

Mint Kolkata

NFRA mulls next move after HC junks notices to auditors

HC endorses NFRA's powers to review audits done before the regulator's creation in 2018

2 min  |

February 10, 2025