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Mint New Delhi

SBI aims to raise ₹5k cr via bonds

The State Bank of India is looking to raise around ₹5,000 crore ($573.38 million) via Basel III-compliant additional Tier-I perpetual bonds before the end of February, three people aware of the matter said Wednesday.

1 min  |

February 06, 2025

Mint New Delhi

Metropolis to focus on micro markets: CEO

The company is actively looking at acquisitions, with a focus on North India, to expand its presence across markets

1 min  |

February 06, 2025

Mint New Delhi

Want To Be A Better Investor? Your Mindset Matters More Than You Think

Always strive to better manage your emotions when handling your investment portfolio

3 min  |

February 06, 2025

Mint New Delhi

Amazon, king of online retail, can't seem to make its physical stores work

Amazon seemed to hedge its bets on Go from the start, making sure it wasn't locked into locations long term

3 min  |

February 06, 2025

Mint New Delhi

HC issues notices to banks on Mallya plea

Fugitive businessman Vijay Mallya on Wednesday claimed before the Karnataka High Court that the ₹6,200 crore debt he owes to banks has been recovered \"multiple times over,\" and sought a statement, detailing the amounts recovered from him, United Breweries Holdings Ltd (UBHL)—now in liquidation—and other certificate debtors.

1 min  |

February 06, 2025

Mint New Delhi

After Makhana Board, Now an HSN Code Shortly for Fox Nuts

HSN Code Approval Process Is in Its Final Stage and Could Be Completed by April, an Official Said

1 min  |

February 06, 2025

Mint New Delhi

Nestlé Not Brewing Enough Growth as Costs, Demand Pinch

Pain point Nestlé India's gross margin dropped in Q3FY25 due to steep inflationary pressures.

1 min  |

February 06, 2025

Mint New Delhi

Trump tariffs could hurt the eurozone: ECB policy is key

Europe's balance of risks would make the case for a major rate cut

3 min  |

February 05, 2025

Mint New Delhi

Godrej Prop to meet FY25 sales guidance

Godrej Properties reported a 152% rise in net profit to ₹158.2 crore for the December quarter, on Tuesday

1 min  |

February 05, 2025

Mint New Delhi

How can I secure full ownership without legal documentation?

I have two sisters and I am the only son of my parents.

2 min  |

February 05, 2025

Mint New Delhi

Titan beats Q3 profit estimates

Jeweller and watchmaker Titan reported a largely flat third-quarter profit on Tuesday, but still topped estimates as customers looked past high gold prices to splurge on ornaments during the festive season.

1 min  |

February 05, 2025

Mint New Delhi

Bajaj Finserv, Allianz Mull JV Exit

Bajaj Finserv Ltd is still talking to Germany's Allianz SE to part ways in their life and general insurance joint ventures, as the Indian financial services firm seeks greater control of the businesses.

1 min  |

February 05, 2025

Mint New Delhi

JK Tyre Q3 profit sinks 77% to ₹51.5 cr

JK Tyre reported a smaller profit for the second straight quarter on Tuesday, hurt by weak demand from truck and bus customers.

1 min  |

February 05, 2025

Mint New Delhi

Repo Rate Cut Not Ideal Yet. Rely On Surplus Liquidity, Operation Twist

A rate cut is unlikely to stimulate investment growth amid uncertainties

3 min  |

February 05, 2025

Mint New Delhi

Tata Power Misses Q3 Profit Estimates

Tata Power reported a smaller-than-expected increase in third-quarter profit on Tuesday due to a sharp decline in power demand.

1 min  |

February 05, 2025

Mint New Delhi

Does the budget signal a change in the Centre's growth strategy?

There's a shift in emphasis from infrastructure to consumption but it doesn't solve our core problems

4 min  |

February 05, 2025

Mint New Delhi

Economic Survey: Why play down the climate crisis?

The document would do justice to the challenge if it did crystal ball gazing for clarity on what's really needed

3 min  |

February 05, 2025

Mint New Delhi

'Most of Delhi's bad air locally made'

Delhi-NCR's pollution during October-November is largely of local origin, with stubble burning in Punjab and Haryana contributing 14% to the overall PM2.5 levels in 2022, a study has suggested.

1 min  |

February 05, 2025

Mint New Delhi

Should Investors Still Consider AMC Stocks Even as Markets Stay Volatile?

Asset management companies (AMCs) were among the top picks for many investors during the Indian markets' bull run. But over 10% correction has turned the tide for Indian asset managers. The question now is: Are AMC stocks still a good bet?

2 min  |

February 05, 2025

Mint New Delhi

Subscriptions drive Spotify to first-ever annual profit

Spotify Technology SA posted another quarter of better-than-expected subscriber growth, with the Swedish music company recording its first-ever annual profit.

1 min  |

February 05, 2025

Mint New Delhi

All eyes on Vedanta demerger

Vedanta Ltd's stock gained 3% on Tuesday, recouping most of the losses it suffered on Monday due to a global selloff triggered by Trump's tariffs.

2 min  |

February 05, 2025

Mint New Delhi

Asian Paints Q3 vol growth strong

Asian Paints missed third-quarter profit estimates on Tuesday, but stronger-than-expected volume growth in its core domestic decorative business sent its shares up as much as nearly 6%.

1 min  |

February 05, 2025

Mint New Delhi

Expect Bangladesh to cooperate against cross-border crimes

India has conveyed to Bangladesh that it expects a cooperative approach from the neighbouring country for combating cross-border crimes, the government informed parliament on Tuesday.

1 min  |

February 05, 2025

Mint New Delhi

AI tools raise productivity and can also act as great equalizers

They can close organizational or societal skill gaps. But does everyone becoming an expert mean nobody will be an expert?

3 min  |

February 05, 2025

Mint New Delhi

Nestle's ₹7,500-cr premium opportunity

Nestle India on Tuesday said premiumization remains a ₹7,500 crore opportunity for the company, giving it space to expand its coffee, chocolates and pet care business in the country across rural and urban markets—a theme highlighted by several consumer companies as they tap changing consumer preferences and aspirations across markets.

1 min  |

February 05, 2025

Mint New Delhi

Beijing Hits Back at US Tariffs With Its Blacklist

China retaliated to Donald Trump's opening trade war tariffs by targeting a handful of American companies and slapping levies on some US goods, in a move seemingly designed to avoid escalating tensions between the world's biggest economies.

1 min  |

February 05, 2025

Mint New Delhi

Energy transition, security top global priorities despite US: IEA official

Despite the withdrawal of the US from the Paris Agreement, clean energy momentum will continue across countries, given the commercial viability and business opportunities in this space, said Brian Motherway, International Energy Agency's (IEA) head of energy efficiency and inclusive transitions office.

2 min  |

February 05, 2025

Mint New Delhi

NMC seeks review of medical courses

Committees of experts will review the Indian postgraduate curriculum to lift the standard of specialty courses to global levels.

1 min  |

February 05, 2025

Mint New Delhi

Wedding spends up 14% in 2024: Report

The big, fat Indian wedding is getting even bigger. Average wedding spends in 2024 jumped 14% year-on-year, reaching ₹32-35 lakh, up from ₹28 lakh in 2023, according to a report by wedding technology platform, WeddingWire India.

1 min  |

February 05, 2025

Mint New Delhi

SMPP, 7 others get Sebi's nod for IPO

As many as eight firms, including defence equipment manufacturer SMPP, Aditya Infotech, Brigade Hotel and PVC blend-based building material maker Kumar Arch Tech, have received Sebi's (Securities and Exchange Board of India) go-ahead to raise funds through initial public offerings (IPOs).

1 min  |

February 05, 2025