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Mint Kolkata

Byju's exec, partner found in contempt of court

The manager and partner face financial sanctions of $25,000 a day

1 min  |

January 31, 2025

Mint Kolkata

Microsoft, Meta Talk Up Their Big Artificial Intelligence Ambitions and Spending Plans

Meta Platforms unveiled plans to make artificial intelligence more personalized this year, and Microsoft predicted \"exponentially more demand\" for AI products.

3 min  |

January 31, 2025

Mint Kolkata

Gunning for Growth Amid Global Shifts

Govt should increase capex spending by 10-15% and take steps to boost consumption

3 min  |

January 31, 2025

Mint Kolkata

Budget: Will FM Deliver a Fiscal Bazooka?

With urban consumption falling sharply, the clamour for a large stimulus has grown louder

5 min  |

January 31, 2025

Mint Kolkata

IBBI tightens information utilities rules

Stricter norms have been put in place for information utilities under the insolvency law to enhance identity verification and streamline the authentication process for financial default records.

1 min  |

January 31, 2025

Mint Kolkata

New season of The White Lotus set to boost Thai tourism

After turning Hawaii in the US and Sicily in Italy into luxury destinations, the new season of the hit drama moves to Thailand

3 min  |

January 31, 2025

Mint Kolkata

HCs can appoint ad-hoc judges

Considering a backlog of over 1.8 million criminal cases, the Supreme Court on Thursday allowed the high courts to appoint ad-hoc judges, not exceeding the 10% of the court's total sanctioned strength.

1 min  |

January 31, 2025

Mint Kolkata

JK Paper Acquires 65% in Quadragen to Diversify Business

JK Paper Will Enter into the Specialty Animal Health, Nutrition, and Feed Additives Business via the ₹460 Crore Deal

1 min  |

January 31, 2025

Mint Kolkata

RBI Files Insolvency Case Against Aviom

The Reserve Bank on Thursday said it has filed an application with the National Company Law Tribunal (NCLT), New Delhi bench, for initiation of corporate insolvency resolution process against Aviom India Housing Finance Pvt. Ltd.

1 min  |

January 31, 2025

Mint Kolkata

Power generation grows 5.4%

More power The electricity generation growth comes on the back of higher demand both during the summer and winter.

1 min  |

January 31, 2025

Mint Kolkata

RITES looks to double the share of exports in its revenue

State-run railway engineering and consulting company RITES Ltd is set to resume high-value rolling stock exports to Bangladesh, Mozambique and South Africa next financial year as it looks to double the share of exports in its revenue with at least one overseas order each quarter, CMD Rahul Mithal said in an interview.

1 min  |

January 31, 2025

Mint Kolkata

Count growth by additions to economy

The BJP-led government's policies had added only a maximum of 2% to India's inherent growth rate, senior Congress leader and former finance minister P. Chidambaram said on Thursday.

1 min  |

January 31, 2025

Mint Kolkata

India mustn't get distracted by the impact of AI on jobs

AI is marginal to our challenge of employment. We need an ear to the ground for structural reforms

4 min  |

January 30, 2025

Mint Kolkata

Isro hits century with successful navigation satellite mission

Indian Space Research Organisation (Isro) on Wednesday celebrated its 100th mission with the textbook launch of a navigation satellite that would aid in terrestrial, aerial and maritime navigation and precision agriculture, among others, with a GSLV rocket injecting the payload in the desired orbit.

1 min  |

January 30, 2025

Mint Kolkata

Tata Motors' Q3 profit declines 22% amid slowing demand

JLR's quarterly pretax profit fell 17% year-on-year to £523 million while revenue increased 1.4% to £7.5 billion

2 min  |

January 30, 2025

Mint Kolkata

Adani Power posts 7% jump in profit

Adani Power on Wednesday posted a 7% rise in its consolidated net profit to ₹2,940 crore for the December quarter due to higher revenues on the back of higher electricity sale volume.

1 min  |

January 30, 2025

Mint Kolkata

HSBC's dream of rivalling Wall Street was unlikely. Now it's over

HSBC is Europe's largest bank, but only a minor player when it comes to the M&A and equity underwriting

2 min  |

January 30, 2025

Mint Kolkata

Deshnee Naidoo Is New VRL CEO

Vedanta Resources Ltd (VRL), the parent firm of Mumbai-based mining conglomerate Vedanta Ltd, on Wednesday announced the appointment of Deshnee Naidoo as its first chief executive officer to spearhead its fresh growth phase.

1 min  |

January 30, 2025

Mint Kolkata

How DeepSeek's AI stacks up against OpenAI's model

It's impossible to look at the Chinese artificial intelligence startup DeepSeek's new AI model without comparing it against OpenAI, the dominant American rival.

4 min  |

January 30, 2025

Mint Kolkata

Why is the tax department messaging political donors?

Taxpayers claiming political donations face scrutiny as I-T authorities seek to verify claims

3 min  |

January 30, 2025

Mint Kolkata

At Least 30 Dead, 60 Injured in Maha Kumbh Stampede

The crush occurred as millions jostled to take a dip on the occasion of Mauni Amavasya

1 min  |

January 30, 2025

Mint Kolkata

Byju's creditors back in reckoning

The tribunal ousts resolution professional and reinstates Glas Trust, Aditya Birla Finance as financial creditors

3 min  |

January 30, 2025

Mint Kolkata

Jain to remain part of Bajaj Fin strategizing

With his current term coming to an end in little over two months, Bajaj Finance Ltd's managing director Rajeev Jain plans to remain involved in shaping the strategy of the non-bank financier in his future role.

1 min  |

January 30, 2025

Mint Kolkata

Colgate stares at near-term growth woes after a dull Q3

No cheer

1 min  |

January 30, 2025

Mint Kolkata

Maruti Misses Q3 Profit Forecast on Higher Input Costs

Tepid earnings by the sector leader comes days after the company said it would raise car prices from 1 February

2 min  |

January 30, 2025

Mint Kolkata

Insurers hope for steps to raise access, aid innovation

Bill to amend insurance laws awaited, may introduce a slew of reforms for the sector

3 min  |

January 30, 2025

Mint Kolkata

National Critical Mineral Mission gets cabinet nod

The mission with an outlay of ₹34,300 cr will boost supply chain, help achieve self-reliance

2 min  |

January 30, 2025

Mint Kolkata

India's highway construction slows, but Centre aims for a final push

Budgetary capital outlay (release basis) (in ₹ trillion)

2 min  |

January 30, 2025

Mint Kolkata

China's DeepSeek Has Exposed Silicon Valley's AI Blind Spots

American players lost sight of value-for-money in their GenAI race

3 min  |

January 30, 2025

Mint Kolkata

Want to invest in technologies of the future? Good luck with that

Most 'new' technologies fail even though winning picks may eventually seem obvious in hindsight

3 min  |

January 30, 2025