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Trent's Q4 profit rises on firm sales

Mint Kolkata

|

April 30, 2025

Apparel retailer Trent on Tuesday reported that its fourth-quarter adjusted profit more than doubled, helped by strong sales and firmer operating margins.

The Tata Group company reported a consolidated profit of ₹318 crore ($37.34 million) in the fourth quarter, compared to last year's profit of ₹128 crore, which is adjusted to exclude a one-time gain of ₹576 crore.

PLUS D'HISTOIRES DE Mint Kolkata

Mint Kolkata

Rupee falls 12 paise against US dollar

The rupee depreciated 12 paise to close at 90.90 against the greenback on Monday, a tad above its record low closing level of 90.93 reached on 16 December, weighed down by robust greenback demand from metal importers and persistent foreign fund outflows.

time to read

1 min

January 20, 2026

Mint Kolkata

Mint Kolkata

In Trump’s drive for Greenland, NATO is the first casualty

A few months ago, officials on both sides of the Atlantic hoped that they had saved the Western alliance —the world’s biggest economic and military community.

time to read

6 mins

January 20, 2026

Mint Kolkata

Mint Kolkata

Govt weighs 9x hike in outlay for MSME Champions Scheme

The outlay is expected to be increased to about ₹10,000 crore over the next five years

time to read

2 mins

January 20, 2026

Mint Kolkata

Mint Kolkata

IMF cautions on AI, raises India outlook

The International Monetary Fund (IMF) has sounded a warning note on the exuberance in artificial intelligence, cautioning that a failure to achieve productivity gains could curb investments, slam markets and radiate across the world through tightening financial conditions.

time to read

1 min

January 20, 2026

Mint Kolkata

Mint Kolkata

Creators build fandoms beyond cricket

A young basketball enthusiast at the time, Dhruv Barman went to Canada in 2013 to study kinesiology, the biomechanical study of human movement with applications in sports and fitness.

time to read

1 mins

January 20, 2026

Mint Kolkata

Mint Kolkata

Sebi mulls ₹20K cr AUM bar to classify significant indices

The Securities and Exchange Board of India (Sebi) has proposed a financial threshold to determine which market indices will fall under its regulatory oversight.

time to read

1 mins

January 20, 2026

Mint Kolkata

Our Gaza calculus

Should India join the Board of Peace for Gaza being set up by the US? This decision would hinge on what it implies for India's strategic autonomy.

time to read

1 min

January 20, 2026

Mint Kolkata

Mint Kolkata

Andreessen Horowitz makes $3 bn bet against Al bubble

Developer tools, benchmarking services, back-end systems—focal point for new investments

time to read

3 mins

January 20, 2026

Mint Kolkata

Nalco eyes foray into rare earths

State-owned National Aluminium Co. Ltd (Nalco) is open to venturing into mining of rare earth elements (REEs) with its bid adviser conducting due diligence on domestic auctions for REEs, magnesium and chromite blocks, its chairman and managing director Brijendra Pratap Singh said on Monday.

time to read

1 min

January 20, 2026

Mint Kolkata

Mint Kolkata

UPI loans soon, credit card-style

India's retail payments body, the National Payments Corporation of India, is in talks with lenders to roll out credit lines as low as ₹5,000 on the Unified Payments Interface (UPI), banking on credit card-like interest-free periods and regulatory clarity to boost uptake, according to two people close to the development.

time to read

1 min

January 20, 2026

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