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Ireda's net profit rises 41% to ₹549 crore in second quarter

Mint Kolkata

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October 15, 2025

State-owned Indian Renewable Energy Development Agency Ltd (Ireda) on Tuesday posted a 41% year-on-year rise in standalone net profit to ₹549 crore in the September quarter, backed by higher income.

It had clocked a net profit of ₹388 crore in the July-September period of FY2024-25, Ireda said in a statement. During the second quarter, the company’s revenues from operations climbed by 26% to ₹

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Why ₹1-tn unclaimed wealth is still out of investors’ reach

Unclaimed assets include deposits, insurance payouts, mutual funds, dividends and shares

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4 mins

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Neither lawyers nor engineers run India and that’s fine

In his book, Breakneck: China’s Quest to Engineer the Future, Dan Wang describes two distinct approaches to development.

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3 mins

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Mint Kolkata

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Bira's backers discuss fund infusion, CEO's exit

have petitioned B9's board and investors citing delayed salaries and governance concerns, The Economic Times reported last Thursday.

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3 mins

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Mint Kolkata

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TV old guards bet on short-video boom

As TV suffers a slow decline and audiences rush to dopamine-fuelled shortspan entertainment, makers of hit soap operas that dominated Indian entertainment are turning to microdramas and other short video and audio formats.

time to read

2 mins

October 15, 2025

Mint Kolkata

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DMart Ready in metros after q-comm trips it in small cities

Avenue Supermarts Ltd, which runs the DMart retail chain, exited its DMart Ready order-and-pickup operations in five cities in the July-September quarter, signalling continuing pressure from quick commerce companies and a pivot towards metro markets with stronger digital demand for groceries.

time to read

2 mins

October 15, 2025

Mint Kolkata

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'Tesla scheme' may continue as India’s EV chase sputters

In June, the Centre notified guidelines for the scheme and opened the investment window

time to read

2 mins

October 15, 2025

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A reality check on Diwali stock picks

The annual rush of ‘Diwali picks’ is here, with brokerages promising to light up your portfolio like a firecracker. But before you load upon their “shubh labh” (auspicious profit) stocks, remember that the gains are not certain.

time to read

2 mins

October 15, 2025

Mint Kolkata

China escalates US trade fight with curbs on shipping

China sanctioned the US units of a South Korean shipping giant and threatened further retaliatory measures on the industry, the latest in a series of tit-for-tat moves as Beijing and Wash-

time to read

1 min

October 15, 2025

Mint Kolkata

Mint Kolkata

Roche moves SC against Natco over Risdiplam sale in India

Swiss drugmaker Roche has moved the Supreme Court, seeking to restrain Natco Pharma from selling the generic version of its lifesaving spinal muscular atrophy (SMA) drug Risdiplam in India.

time to read

1 mins

October 15, 2025

Mint Kolkata

Mint Kolkata

Can algos make music with soul? Prasar Bharati bets on an AI rock band

Are the days of musicians, vocalists, and lyricists numbered?

time to read

2 mins

October 15, 2025

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