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Mint Kolkata

Mint Kolkata

The false tariff headline that sent stocks on a $2 trillion ride

A wild stock-market swing based on false information added $2.4 trillion in value and erased it almost as quickly Monday morning.

3 min  |

April 09, 2025
Mint Kolkata

Mint Kolkata

JJG Aero seeks fresh fundraise

Aerospace components manufacturer JJG Aero Pvt. Ltd is looking to raise a new round of institutional funding almost a year after its last fundraising effort, at least two people familiar with the development told VCCircle.

1 min  |

April 09, 2025
Mint Kolkata

Mint Kolkata

Tech Mahindra bets on GCCs, consulting to drive growth

The consulting unit will run across verticals with support from its artificial intelligence and delivery teams

2 min  |

April 09, 2025
Mint Kolkata

Mint Kolkata

Creators Take First Step to Self-Regulate

Indian Influencer Governance Council Launches a Voluntary Self-Regulatory Code for All Content Creators

2 min  |

April 09, 2025
Mint Kolkata

Mint Kolkata

Private bank hiring may cool as fewer leave jobs

India's top private sector banks expect the trend of slowing attrition from FY24 to spill over to the just-concluded fiscal (FY25), which could also mean slower hiring in the current financial year as fewer fresh positions open up for new talent.

2 min  |

April 09, 2025
Mint Kolkata

Mint Kolkata

Apple Plans to Source More iPhones From India as Tariff Fix

Apple plans to send more iPhones to the U.S. from India to offset the high cost of China tariffs, people familiar with the matter said.

2 min  |

April 09, 2025
Mint Kolkata

Mint Kolkata

Foreign Shipyards Look to Dock at Indian Ports

Hyundai, Mitsui, Hanwha on prowl; Cochin Shipyard may be first to ink deal

4 min  |

April 09, 2025
Mint Kolkata

Mint Kolkata

Apple's Satcom Partner Eyes India, Applies to IN-SPACE

Globalstar allows iPhone users to send emergency messages, share locations in off-grid areas

2 min  |

April 09, 2025

Mint Kolkata

You need to back up your data. Here's how

Data is invaluable and protecting it is crucial. Here's a guide to the best practices for creating a reliable backup strategy, including the 3-2-1 rule

4 min  |

April 09, 2025

Mint Kolkata

Govt to Offer Incentives for Up to 25% Electronics Parts

ECMS will start accepting applications from industry stakeholders within three weeks

3 min  |

April 09, 2025

Mint Kolkata

Alcatel gears up for India return

French technology brand Alcatel has earmarked an initial investment of $30 million, about ₹260 crore, as it gears up to re-enter India's mobile phone market after seven years with plans to sell locally-made smartphones, a senior official of the firm said.

1 min  |

April 09, 2025

Mint Kolkata

Court rejects India's extradition plea

The High Court in London on Tuesday refused the government of India's application seeking permission to appeal in Britain's Supreme Court against the discharge of Sanjay Bhandari, the defence sector consultant wanted in Delhi to face charges of alleged tax evasion and money laundering.

1 min  |

April 09, 2025

Mint Kolkata

Haldiram's Delhi, Nagpur units merge

The process of merging Haldiram's Nagpur and Delhi branches to form Haldiram Snacks Food Pvt. Ltd has been completed, informed its chief executive officer Krishan Kumar Chutani on the social media platform LinkedIn.

1 min  |

April 09, 2025

Mint Kolkata

'One state-one regional rural bank' to roll out from 1 May

Finance ministry notifies merger of RRBs in 11 states to improve efficiency, cut costs

1 min  |

April 09, 2025

Mint Kolkata

Buffett's 2025 wealth gains stand out amid billionaire wipeout

Among the world's richest people, Warren Buffett is among the rare few whose personal fortunes have grown this year after President Donald Trump's tariffs triggered a selloff that erased trillions of dollars of value from global equities.

1 min  |

April 09, 2025

Mint Kolkata

NCLAT Clears Action on Ex-IL&FS Chiefs

The National Company Law Appellate Tribunal (NCLAT) has allowed state-owned Canara Bank and Indian Bank to pursue proceedings against former Infrastructure Leasing & Financial Services (IL&FS) directors, who are not part of the new board, to declare them as wilful defaulters.

1 min  |

April 09, 2025

Mint Kolkata

BoB's balance sheet expands, but will investor interest grow?

Bank of Baroda's (BoB) business update for FY25 on balance sheet parameters largely epitomises the problems faced by the banking sector in terms of domestic deposit mobilisation even as growth of advances remains strong.

1 min  |

April 09, 2025

Mint Kolkata

Time is ticking away for a deal on TikTok's survival in the US

The US complicated matters by turning it into a bargaining chip

3 min  |

April 09, 2025

Mint Kolkata

House that! Godrej Properties sets annual sales record in FY25

Godrej Properties Ltd sold more than 15,000 homes worth a combined ₹29,444 crore in 2024-25, the highest ever by an Indian real estate firm in a year, as top listed developers continued to generate high-velocity sales.

1 min  |

April 09, 2025

Mint Kolkata

Stocks recover, but volatility persists

Fear factor

2 min  |

April 09, 2025

Mint Kolkata

China Lets Yuan Weaken Past Key Level in Potential Exports Boost

China eased its tight grip on the yuan by weakening its daily reference rate past the keenly-watched 7.20 per dollar level amid the dramatically escalating trade war with the U.S.

2 min  |

April 09, 2025

Mint Kolkata

China Vows 'Fight to the End' on Tariffs as it Boosts Markets

Rebuke came after Trump threatened to ratchet up tariffs on US imports from No. 2 economy

2 min  |

April 09, 2025

Mint Kolkata

Bezos funds climate-smart cows plan

The Bezos Earth Fund is putting money into research programmes to breed climate-smart cattle as part of efforts to curb the environmental impact of livestock.

1 min  |

April 09, 2025

Mint Kolkata

Normal Monsoon Likely in Farm Boost: Skymet

India is expected to experience a normal monsoon this year from June to September, private forecaster Skymet Weather said on Tuesday, suggesting potential benefits to agricultural output, rural demand and overall economic growth.

1 min  |

April 09, 2025

Mint Kolkata

Highways identified for e-trucks, buses

Under the PM E-Drive scheme, the Centre had decided to spend ₹500 crore to subsidize e-trucks in FY25 and FY26

2 min  |

April 09, 2025

Mint Kolkata

Elon Musk's DOGE Using AI to Snoop on US Federal Workers

Trump administration officials have told some US government employees that Elon Musk's Department of Government Efficiency (DOGE) team of technologists is using artificial intelligence (AI) to surveil at least one federal agency's communications for hostility to President Donald Trump and his agenda, said two people with knowledge of the matter.

1 min  |

April 09, 2025

Mint Kolkata

Apollo Hospitals Will Invest ₹6,000 Cr To Add 3,500 Beds

Rise in cancer, diabetes cases prompts Apollo to expand hospital network across urban India

2 min  |

April 09, 2025

Mint Kolkata

Soft Yuan pushes Rupee to 2-week low

The rupee fell to a more than two-week low on Tuesday, weighed down by a weaker yuan and corporate hedging demand, while forward premiums eased on rising US bond yields.

1 min  |

April 09, 2025

Mint Kolkata

IHG Plans to Bring More Luxury Hotel Brands to India

IHG Hotels & Resorts sees significant potential in expanding its luxury portfolio in India—though not through its existing brand Six Senses, which will not see additional growth for now.

2 min  |

April 09, 2025

Mint Kolkata

Artists battle AI with tech to protect ideas

In other AI news this week, Sam Altman changes his views on India's AI strategy

1 min  |

April 09, 2025