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Mint Kolkata

Gen Z Drives Demand for Affordable Luxury Section

Gen Z accounts for 20-25% of online lifestyle market, a report by Bain & Co. and Myntra said

2 min  |

January 29, 2025

Mint Kolkata

TDS Challenges: Impact on Small Bond Investors

The 10% TDS on listed bond coupons ensures tax compliance but has added complexity

2 min  |

January 29, 2025

Mint Kolkata

Colgate's profit falls 2.2% to ₹323 cr in Q3

FMCG major Colgate-Palmolive India Ltd (CPIL) on Tuesday reported a 2.22% decline in its net profit to ₹322.78 crore for the third quarter ended December 2024 on account of soft demand in the urban market and a high base of the previous year.

1 min  |

January 29, 2025

Mint Kolkata

Actis nears Stride deal amid renewable boom

Actis signed a $325 million deal to buy Macquarie's green energy platform

3 min  |

January 29, 2025

Mint Kolkata

Lightbox returns a third of its second fund to investors

Venture capital firm expects the fund to generate fivefold returns within 3-4 years

2 min  |

January 29, 2025

Mint Kolkata

Irdai Considers Increasing FDI in Insurance to 100%

The Insurance Regulatory and Development Authority of India (Irdai) is considering increasing foreign direct investment (FDI) in the insurance sector to 100% from 74% now, Deepak Sood, whole-time member of Irdai, said at the Mint BFSI Summit and Awards held recently.

2 min  |

January 29, 2025

Mint Kolkata

Dahlias key to DLF's rosy FY25

Realty firm DLF Ltd's FY25 pre-sales target of ₹17,000 crore was a tall order, as H1FY25 was marred by muted new launches and weak sales in existing projects. But the launch of the uber-luxury \"The Dahlias\" at Golf Course Road in Gurugram Q3FY25 changed everything.

2 min  |

January 29, 2025

Mint Kolkata

Sops, recoveries fuel NTPC's Q3, but execution still crucial

TPC Ltd's consolidated Ebitda surged 20% year-on-year (y-o-y) to ₹13,700 crore in the December quarter (Q3FY25), driven by lower other expenses and slower growth in fuel costs as coal production ramped up.

1 min  |

January 29, 2025

Mint Kolkata

Bitcoin slips below $100k as Chinese AI model rattles mkts

Bitcoin and other cryptocurrencies tumbled as the emergence of a new Chinese artificial intelligence model triggered a global selloff in riskier assets.

2 min  |

January 28, 2025

Mint Kolkata

Return-to-office mandates apply to everyone, except a chosen few

Millions of workers across the country are being given return-to-office marching orders.

4 min  |

January 28, 2025

Mint Kolkata

Videos Generated by Chinese AI Models Have Startled Us All

China's low-cost GenAI breakthroughs signal a will to leap ahead

3 min  |

January 28, 2025

Mint Kolkata

Aviation growth could slow on supply woes, better road infra

The travel and tourism sector is expected to see double-digit growth in the coming years, with both domestic and outbound travel continuing to expand, Rajesh Magow, co-founder and group chief executive of online travel agency MakeMyTrip said.

1 min  |

January 28, 2025

Mint Kolkata

Trump aides want to hit Mexico, Canada with tariffs before talks

The 25% import levy on both the countries could go into place as soon as 1 February

5 min  |

January 28, 2025

Mint Kolkata

Web-show sequels top streaming charts

New seasons of established web franchises like Mirzapur and Kota Factory are topping the charts on video-streaming platforms, mirroring a box-office trend where film sequels such as Stree 2, Gadar 2, and Bhool Bhulaiyaa 3 were big hits.

2 min  |

January 28, 2025

Mint Kolkata

Govt seeks aspirants to head Sebi as Buch's term nears end

The Ministry of Finance's Department of Economic Affairs has invited applications for the post of chairperson of the Securities and Exchange Board of India (Sebi) as the term of the current chair Madhabi Puri Buch is set to end on 28 February.

2 min  |

January 28, 2025

Mint Kolkata

Navigating DTAA rules for foreign income

Can I be considered a non-resident in India for this tax year? If not, what happens to my Dubai salary? Can I take the help of double taxation avoidance agreement provisions?

2 min  |

January 28, 2025

Mint Kolkata

Social Media Debt: Borrowing for the 'Gram

Desperate to look cool, young Indians are taking loans to fund a lifestyle curated for social media

9 min  |

January 28, 2025

Mint Kolkata

JPMorgan Names New Leaders in India

JPMorgan Chase & Co. has promoted two of its most senior dealmakers as co-heads of investment banking in India as the US lender seeks to strengthen its position in the market following the recent departure of Navin Wadhwani.

1 min  |

January 28, 2025

Mint Kolkata

InsuranceDekho Raises Fresh Funds

The startup is also expected to fast-track its IPO plans.

2 min  |

January 28, 2025

Mint Kolkata

Jaishankar embarks on 3-day UAE visit

External affairs minister S. Jaishankar on Monday embarked on a three-day visit to the United Arab Emirates (UAE) to further enhance India's comprehensive strategic partnership with the influential Gulf nation.

1 min  |

January 28, 2025

Mint Kolkata

Media Giants Join Global Lawsuit Against OpenAI

Digital news units of billionaires Gautam Adani and Mukesh Ambani, and other outlets including the Indian Express and the Hindustan Times, are joining proceedings against OpenAI for improperly using copyright content, legal papers show.

1 min  |

January 28, 2025

Mint Kolkata

Southern films struggle in home states but triumph across Hindi belt

However, recently many southern films, such as Ram Charan's Game Changer and Suriya's Kanguva, underperformed

2 min  |

January 28, 2025

Mint Kolkata

Kim Jong Un is doing everything he can to keep North Korea's youth in line

Kim Jong Un enjoys absolute power across North Korea and is regarded as godlike by his own people. But one threat appears to loom large for the 41-year-old dictator: disloyalty from his country's youth.

4 min  |

January 28, 2025

Mint Kolkata

Budget 2025: Tax Sops, Higher Deposit Insurance Can Offer Support to Banks

Banking is struggling to reinvent itself in the face of rapidly scaling fintechs

2 min  |

January 28, 2025

Mint Kolkata

Coming soon: a vaccine to help prevent cancer

Pharmaceutical giant GSK and the University of Oxford are creating a new cancer vaccine to prevent the disease from developing.

1 min  |

January 28, 2025

Mint Kolkata

Insurance for All: Key Expectations from Budget 2025

Insurance sector reforms could ensure wider coverage, robust financial resilience

3 min  |

January 28, 2025

Mint Kolkata

Zoho CEO Sridhar Vembu steps down

Sridhar Vembu has stepped down from the post to focus on the company's research and development initiatives as its chief scientist.

1 min  |

January 28, 2025

Mint Kolkata

Aurea Group PE set to pump in $3-5 bn into beauty brands

The PE firm will remain focused on beauty and wellness, rather than diversifying into other sectors such as F&B

2 min  |

January 28, 2025

Mint Kolkata

Finding health in good bacteria

Gut health awareness is growing in India, leading D2C companies to offer probiotic foods and supplements

2 min  |

January 28, 2025

Mint Kolkata

Budget Needs to Rationalize Taxes for Hospitality Sector

Reducing GST, grant of infrastructure status key to reviving the sector, says industry leader

3 min  |

January 28, 2025