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Mint Bangalore

Govt Extends Due Date for Schedule M

The government on Wednesday extended the due date for implementation of revised Schedule M—good manufacturing practices provision, for small and medium pharmaceutical firms with turnover of ₹250 crore or less, till the end of this year.

1 min  |

February 13, 2025

Mint Bangalore

B'desh urges Adani to restore power

Bangladesh has asked Adani Power to fully resume supplies from its 1,600-megawatt plant in India, a Bangladesh official said, after more than three months of reduced sales with supplies halved due to low winter demand and payment disputes.

1 min  |

February 12, 2025

Mint Bangalore

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 Bangalore

Quant MF bullish on energy, infrastructure, hotel sectors

In the February factsheet, Quant AMC said they are shifting their focus from defensive large-cap stocks to a more aggressive style-investing in select small and mid-cap stocks.

4 min  |

February 12, 2025

Mint Bangalore

'Affordable housing demand not down'

DFC Capital Advisors managing director and chief executive officer Vipul Roongta on Tuesday said the supply of affordable housing has gone down across major cities but not the demand, and urged real estate developers to focus on building homes costing ₹50 lakh to ₹1 crore.

1 min  |

February 12, 2025

Mint Bangalore

Invest in Indian oil, gas sector: Modi to global energy majors

Government targets to double the share of gas in India's energy mix to 15% by 2030

1 min  |

February 12, 2025

Mint Bangalore

Zeta's valuation zooms to $2 bn after $50 mn funding

The investment was made by healthcare services firm Optum, an arm of the UnitedHealth Group

1 min  |

February 12, 2025

Mint Bangalore

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.

1 min  |

February 12, 2025

Mint Bangalore

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 Bangalore

LIC Needs APE Shot for Stock

Slipping away LIC's Q3FY25 VNB slipped year-on-year in line with the steep fall in APE.

2 min  |

February 12, 2025

Mint Bangalore

NTPC in talks with foreign cos on N-power

State-run NTPC Ltd., India's biggest power producer, is in initial talks with a range of foreign technology suppliers to expand in nuclear energy as the country steps up its decarbonization efforts, a company executive said.

1 min  |

February 12, 2025

Mint Bangalore

Eicher's bet on volume over margin dampens confidence

Eicher Motors Ltd's approach of achieving volumes by sacrificing margin has rattled investors, pulling the stock nearly 7% down on Tuesday.

1 min  |

February 12, 2025

Mint Bangalore

India, Israel resolve to strengthen ties, commit to combat terrorism

India and Israel reaffirmed their commitment to strengthening trade and infrastructure ties, with commerce and industry minister Piyush Goyal setting an ambitious goal of increasing bilateral trade tenfold from the current $6.5 billion.

2 min  |

February 12, 2025

Mint Bangalore

Steelmakers Brace for Trump's 25% Tariff

India will be a prime target for overseas exporters, given its growing appetite for steel, said Naveen Jindal

2 min  |

February 12, 2025

Mint Bangalore

US demand for gold squeezes India's supply

Gold leasing rates in India have doubled within a month to a record high, following the overseas market, where rates jumped due to a supply crunch as global banks divert the precious metal to the US, industry officials said.

1 min  |

February 12, 2025

Mint Bangalore

Will versus trust: Choosing the right tool to protect your estate

I am a textile merchant and I want to plan my estate to protect my daughter, wife, and parents after my death. What should I look out for?

1 min  |

February 12, 2025

Mint Bangalore

Why direct-to-OTT films can't match the pull of web series

Unlike long-format series that generate conversations, movies have a shorter window to create impact

2 min  |

February 12, 2025

Mint Bangalore

Religare directors nudge company secretary to act; Saluja moves HC

Independent directors of Religare Enterprises Ltd have written to the company secretary of the financial services conglomerate, urging him to notify the authorities of Rashmi Saluja's cessation of tenure as the company's chairperson.

2 min  |

February 12, 2025

Mint Bangalore

The Pain Inside Punjab's Immigration Economy

Canada's shift in immigration policies has massively impacted the state's IELTS centres

8 min  |

February 12, 2025

Mint Bangalore

India to remain the fastest growing economy, says FM

Sitharaman said that food inflation has moderated, even amid economic uncertainty

2 min  |

February 12, 2025

Mint Bangalore

Morgan Stanley Sets $3 Billion X Loan

The move comes less than a week after it sold $5.5 billion in X debt.

1 min  |

February 12, 2025

Mint Bangalore

Centre may extend duty-free urad imports

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

1 min  |

February 12, 2025

Mint Bangalore

Rupee's biggest rise in two years sends bears scurrying

The rupee has weakened more than 2% since new RBI governor Sanjay Malhotra took office in December

2 min  |

February 12, 2025

Mint Bangalore

Israel Should End Truce If Hostages Not Freed Saturday

The six-week truce between Israel and Hamas was agreed last month and is set to end in early March

2 min  |

February 12, 2025

Mint Bangalore

Bidding for oil and gas blocks launched

The Union ministry of petroleum and natural gas on Tuesday launched the 10th round of bidding for oil and gas exploration & production under the Open Acreage Licensing Policy (OALP).

1 min  |

February 12, 2025

Mint Bangalore

INDIA'S DIVIDEND DISCLOSURE DILEMMA: TRANSPARENCY OR MERE COMPLIANCE?

The disclosure rules aimed for balance, but became a mere box-ticking exercise

2 min  |

February 12, 2025

Mint Bangalore

Rural jobs scheme, DBT cause labour crunch: L&T chair

L&T chairman said the workforce migration crisis is being felt on businesses and infra development in cities

1 min  |

February 12, 2025

Mint Bangalore

More AI spend still needed despite DeepSeek's success

Investment in data centres and cloud infrastructure is still needed despite DeepSeek challenging the cost efficiency of large artificial intelligence (AI) models, Baidu chief executive officer Robin Li said on Tuesday.

1 min  |

February 12, 2025

Mint Bangalore

KFC India operator + Q3 profit declines

Devyani International, which operates KFC and Pizza Hut restaurants in India, reported a lower pre-tax profit, hurt by soaring costs due to rapid store expansion, pushing its shares down by nearly 4%.

1 min  |

February 12, 2025

Mint Bangalore

Vodafone Idea Q3 loss narrows

Vodafone Idea reported a smaller-than-expected third-quarter loss on Tuesday, as the telecom operator's per-user revenue continued to be boosted from July's tariff hikes.

1 min  |

February 12, 2025