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Mint New Delhi

QED Plans to Invest $300 Mn in Apac in Next Five Years

Intech-focused global investment firm QED Investors, which started investing in Asia in 2020, expects to deploy $250-300 million in the region over the next five years, a top company official said.

2 min  |

May 06, 2025

Mint New Delhi

Northwest India Likely to See Thunderstorms, Rains This Week

IMD Says Power and Communication Lines May Be Disrupted, Fruit Crops Damaged

1 min  |

May 06, 2025

Mint New Delhi

Asia Healthcare to buy Dr Dangs Labs

Asia Healthcare Holdings (AHH), backed by Singapore's sovereign wealth fund GIC, is set to acquire a majority stake in Dr Dangs Labs, a diagnostic chain operating in Delhi and Gurugram, said two people aware of the development.

1 min  |

May 06, 2025

Mint New Delhi

Marico CEO's term extended by 2 yrs

Home-grown fast-moving consumer goods (FMCG) major Marico Ltd said it has extended the tenure of managing director and chief executive officer (CEO) Saugata Gupta by re-appointing him for the next two years.

1 min  |

May 06, 2025

Mint New Delhi

Greg Abel's challenge: Lead Berkshire into a new era without the Buffett touch

For the first time in decades, Berkshire Hathaway is getting a new chief executive

6 min  |

May 06, 2025

Mint New Delhi

Rupee strengthens as crude price falls

The rupee surged 24 paise to 84.33 (provisional) against the US dollar on Monday, supported by a decline in crude prices and a positive trend in domestic equities.

1 min  |

May 06, 2025

Mint New Delhi

Amplus Solar rebranded Gentari

Malaysian clean energy solutions provider Gentari has integrated its commercial and industrial (C&I) arm, Amplus Solar, into the Gentari brand.

1 min  |

May 06, 2025

Mint New Delhi

Top-level rejig at Volkswagen India

German automaker Volkswagen Group's Indian subsidiary Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL) on Monday announced the appointment of Ashish Gupta as brand director of Skoda India and Nitin Kohli as Volkswagen Passenger Cars' brand director, effective from 1 May.

1 min  |

May 06, 2025

Mint New Delhi

After correction, institutional appetite for mid-caps grows

Diverging trends

1 min  |

May 06, 2025

Mint New Delhi

Law ministry to start work on plugging gaps in arbitration law

The law ministry will start working on a bill to plug procedural gaps in the arbitration law following a Supreme Court directive, according to two people aware of the developments.

1 min  |

May 06, 2025

Mint New Delhi

Coforge's profit misses expectation

Coforge posted fourth-quarter profit below estimates, as the IT company was hurt by increased expenses.

1 min  |

May 06, 2025

Mint New Delhi

Non-core income boosts banks' Q4 show

More than loans

2 min  |

May 06, 2025

Mint New Delhi

Treasury gains cushion SBI in Q4

Unpredictable trend SBI's huge treasury operations with volatile income lead to profit swings.

2 min  |

May 06, 2025

Mint New Delhi

India Sees Debut RMBS Listing

India saw the listing of its first residential mortgage-backed securities sold through the bidding route on Monday.

1 min  |

May 06, 2025

Mint New Delhi

Quick commerce rivals are coming after DMart's turf

Stressed Out

1 min  |

May 06, 2025

Mint New Delhi

Manappuram stake: Bain seeks CCI nod

Investment firm Bain Capital on Monday sought the approval of fair trade regulator Competition Commission of India (CCI) to acquire a significant stake in non-banking financial company Manappuram Finance through a multi-layered deal.

1 min  |

May 06, 2025

Mint New Delhi

3G Capital to Acquire Skechers for $8.2 Billion

Investment firm 3G Capital will acquire footwear maker Skechers USA Inc. for $8.2 billion, the company said in a statement on Monday.

1 min  |

May 06, 2025

Mint New Delhi

Israel May Seize All Gaza in Expanded Operation, Officials Say

Israel may seize the Gaza Strip and control aid in an expanded offensive against Palestinian militant group Hamas that was approved by Prime Minister Benjamin Netanyahu's security cabinet on Monday, officials said.

1 min  |

May 06, 2025

Mint New Delhi

Pahalgam: India starts 'flushing' hydro projects

India has begun work to boost reservoir holding capacity at two hydroelectric projects in Jammu and Kashmir, people with knowledge of the matter told Reuters, after fresh tension with Pakistan led it to suspend a water-sharing pact.

1 min  |

May 06, 2025

Mint New Delhi

New satcom licences for India-only ops: Centre

The Department of Telecom on Monday issued stringent security norms mandating legal interception of satellite communication services and barred companies from linking connection of users in any form with any terminal or facility located outside the country's border as well as processing of their data overseas.

1 min  |

May 06, 2025

Mint New Delhi

IHCL bets on Taj, new hotels, plans to invest ₹1,200 cr

While same-store RevPAR grew 12% in India and 7% overseas, its management fee income jumped 20% to ₹562 crore

2 min  |

May 06, 2025

Mint New Delhi

Rise of pet parents sparks scramble for fundraising

Pet care startups like Heads Up For Tails, Supertails, Vetic are looking for capital

2 min  |

May 06, 2025

Mint New Delhi

Automobile retail sales rise 3% in April

Total auto sales in April stood at 2,287,952 units. All categories except commercial vehicles closed in the green

1 min  |

May 06, 2025

Mint New Delhi

Will Investors Back Ather's Electric Ambitions?

In terms of market share, Ather has a long way to go in electric two-wheeler sales. It still trails Ola Electric and TVS Motor by some distance.

8 min  |

May 06, 2025

Mint New Delhi

After large-cap switch, Quant MF's Sandeep Tandon adds small-caps

The veteran uses Quant's VLRT model, focusing on valuation, liquidity and risk appetite to drive investments

3 min  |

May 05, 2025

Mint New Delhi

Stocks roar ahead, brushing off recession warnings

Wall Street's best forecasters have been warning that tariffs could spark a recession. Goldman Sachs puts the chances at 45% in the next 12 months. Apollo Global Management's top economist recently pegged it at 90%.

3 min  |

May 05, 2025

Mint New Delhi

How are unused 2023 capital gains taxed?

I sold unlisted shares on 1 December 2023 with long-term capital gains, deposited the amount in a CGAS account by 31 July 2024 to claim exemption (section 54F). I don't plan to use it to buy or construct a house by 1 December 2025.

2 min  |

May 05, 2025

Mint New Delhi

Elon Musk Secures City Status for Starbase

Voters in South Texas delivered Elon Musk a decisive victory, overwhelmingly approving a ballot measure to establish Starbase, Texas, as its own city.

1 min  |

May 05, 2025

Mint New Delhi

What a $15,000 electric SUV says about U.S.-China car rivalry

World's two biggest vehicle markets increasingly look like Mars and Venus

3 min  |

May 05, 2025

Mint New Delhi

Xi Jinping to Visit Russia for Victory Day

Chinese President Xi Jinping will make an official visit to Russia from 7-10 May to participate in celebrations of the 80th anniversary of the defeat of Nazi Germany, the Kremlin said on Sunday.

1 min  |

May 05, 2025