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Mint Kolkata

Lots of music, art and cocktails

A Mint guide to what's happening in and around your city

1 min  |

January 31, 2025

Mint Kolkata

DeepSeek's success is a pivotal moment for AI democratization

As with the Jevons Paradox, efficiency gains should result in increased AI use globally as costs drop

3 min  |

January 31, 2025

Mint Kolkata

G20 Should Address Trade and Tariff War, AI Challenges

US, EU tariffs, China's surplus capacity, protectionist measures hinder free trade and growth

2 min  |

January 31, 2025

Mint Kolkata

SoftBank in talks to invest up to $25 billion into OpenAI

The deal would make SoftBank OpenAI's biggest investor, displacing Microsoft

1 min  |

January 31, 2025

Mint Kolkata

JSW Energy Lowers FY25 Capex Target

JSW Energy has revised its capital expenditure (capex) target for FY25 to ₹10,000 crore, down from an earlier estimate of ₹15,000 crore, citing strategic shifts toward inorganic growth through acquisitions.

1 min  |

January 31, 2025

Mint Kolkata

Short-to Medium-Term Equity Investing: Risks, Returns and Key Takeaways

Equity as an asset class is undeniably volatile and cyclical.

2 min  |

January 31, 2025

Mint Kolkata

GAIL Q3 profit rises 36% to ₹3,867 cr

State-owned gas utility GAIL (India) Ltd on Thursday reported a 36% rise in net profit in the December quarter after a one-off gain from compensation received from an overseas LNG (liquefied natural gas) supplier for non-delivery of committed cargoes.

1 min  |

January 31, 2025

Mint Kolkata

'India is becoming Skoda's 2nd pillar'

India is becoming Skoda's 2nd pillar

1 min  |

January 31, 2025

Mint Kolkata

Byju's exec, partner found in contempt of court

The manager and partner face financial sanctions of $25,000 a day

1 min  |

January 31, 2025

Mint Kolkata

Microsoft, Meta Talk Up Their Big Artificial Intelligence Ambitions and Spending Plans

Meta Platforms unveiled plans to make artificial intelligence more personalized this year, and Microsoft predicted \"exponentially more demand\" for AI products.

3 min  |

January 31, 2025

Mint Kolkata

Gunning for Growth Amid Global Shifts

Govt should increase capex spending by 10-15% and take steps to boost consumption

3 min  |

January 31, 2025

Mint Kolkata

Budget: Will FM Deliver a Fiscal Bazooka?

With urban consumption falling sharply, the clamour for a large stimulus has grown louder

5 min  |

January 31, 2025

Mint Kolkata

IBBI tightens information utilities rules

Stricter norms have been put in place for information utilities under the insolvency law to enhance identity verification and streamline the authentication process for financial default records.

1 min  |

January 31, 2025

Mint Kolkata

New season of The White Lotus set to boost Thai tourism

After turning Hawaii in the US and Sicily in Italy into luxury destinations, the new season of the hit drama moves to Thailand

3 min  |

January 31, 2025

Mint Kolkata

HCs can appoint ad-hoc judges

Considering a backlog of over 1.8 million criminal cases, the Supreme Court on Thursday allowed the high courts to appoint ad-hoc judges, not exceeding the 10% of the court's total sanctioned strength.

1 min  |

January 31, 2025

Mint Kolkata

JK Paper Acquires 65% in Quadragen to Diversify Business

JK Paper Will Enter into the Specialty Animal Health, Nutrition, and Feed Additives Business via the ₹460 Crore Deal

1 min  |

January 31, 2025

Mint Kolkata

RBI Files Insolvency Case Against Aviom

The Reserve Bank on Thursday said it has filed an application with the National Company Law Tribunal (NCLT), New Delhi bench, for initiation of corporate insolvency resolution process against Aviom India Housing Finance Pvt. Ltd.

1 min  |

January 31, 2025

Mint Kolkata

Power generation grows 5.4%

More power The electricity generation growth comes on the back of higher demand both during the summer and winter.

1 min  |

January 31, 2025

Mint Kolkata

RITES looks to double the share of exports in its revenue

State-run railway engineering and consulting company RITES Ltd is set to resume high-value rolling stock exports to Bangladesh, Mozambique and South Africa next financial year as it looks to double the share of exports in its revenue with at least one overseas order each quarter, CMD Rahul Mithal said in an interview.

1 min  |

January 31, 2025

Mint Kolkata

Count growth by additions to economy

The BJP-led government's policies had added only a maximum of 2% to India's inherent growth rate, senior Congress leader and former finance minister P. Chidambaram said on Thursday.

1 min  |

January 31, 2025

Mint Kolkata

India mustn't get distracted by the impact of AI on jobs

AI is marginal to our challenge of employment. We need an ear to the ground for structural reforms

4 min  |

January 30, 2025

Mint Kolkata

Isro hits century with successful navigation satellite mission

Indian Space Research Organisation (Isro) on Wednesday celebrated its 100th mission with the textbook launch of a navigation satellite that would aid in terrestrial, aerial and maritime navigation and precision agriculture, among others, with a GSLV rocket injecting the payload in the desired orbit.

1 min  |

January 30, 2025

Mint Kolkata

Tata Motors' Q3 profit declines 22% amid slowing demand

JLR's quarterly pretax profit fell 17% year-on-year to £523 million while revenue increased 1.4% to £7.5 billion

2 min  |

January 30, 2025

Mint Kolkata

Adani Power posts 7% jump in profit

Adani Power on Wednesday posted a 7% rise in its consolidated net profit to ₹2,940 crore for the December quarter due to higher revenues on the back of higher electricity sale volume.

1 min  |

January 30, 2025

Mint Kolkata

HSBC's dream of rivalling Wall Street was unlikely. Now it's over

HSBC is Europe's largest bank, but only a minor player when it comes to the M&A and equity underwriting

2 min  |

January 30, 2025

Mint Kolkata

Deshnee Naidoo Is New VRL CEO

Vedanta Resources Ltd (VRL), the parent firm of Mumbai-based mining conglomerate Vedanta Ltd, on Wednesday announced the appointment of Deshnee Naidoo as its first chief executive officer to spearhead its fresh growth phase.

1 min  |

January 30, 2025

Mint Kolkata

How DeepSeek's AI stacks up against OpenAI's model

It's impossible to look at the Chinese artificial intelligence startup DeepSeek's new AI model without comparing it against OpenAI, the dominant American rival.

4 min  |

January 30, 2025

Mint Kolkata

Why is the tax department messaging political donors?

Taxpayers claiming political donations face scrutiny as I-T authorities seek to verify claims

3 min  |

January 30, 2025

Mint Kolkata

At Least 30 Dead, 60 Injured in Maha Kumbh Stampede

The crush occurred as millions jostled to take a dip on the occasion of Mauni Amavasya

1 min  |

January 30, 2025

Mint Kolkata

Byju's creditors back in reckoning

The tribunal ousts resolution professional and reinstates Glas Trust, Aditya Birla Finance as financial creditors

3 min  |

January 30, 2025