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Mint New Delhi

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.

2 min  |

February 12, 2025

Mint New Delhi

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 New Delhi

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

Mint New Delhi

Shriram eyes green portfolio growth

Shriram Finance aims to boost its green portfolio 20-fold over the next three years as it diversifies its loan book, a top official said on Tuesday.

1 min  |

February 12, 2025

Mint New Delhi

Meta starts cutting jobs to find AI talent

Meta workers who were laid off were notified via email, said people familiar with the matter. AFP

1 min  |

February 12, 2025

Mint New Delhi

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 New Delhi

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 New Delhi

Easebuzz gets nod to be an online PA

Payment solutions provider Easebuzz has received final authorisation from the Reserve Bank to operate as an online payment aggregator (PA), according to a release.

1 min  |

February 12, 2025

Mint New Delhi

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 New Delhi

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 New Delhi

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 New Delhi

Why Sebi Halted Trading in LS Industries, Pacheli Industrial

For months, shares of LS Industries Ltd (LSIL), a little-known textile firm with no revenue, soared inexplicably, transforming it—on paper—into one of India's most valuable companies.

2 min  |

February 12, 2025

Mint New Delhi

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 New Delhi

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 New Delhi

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 New Delhi

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 New Delhi

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 New Delhi

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 New Delhi

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 New Delhi

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 New Delhi

Ecom Express puts on hold its IPO plans

Third-party logistics startup Ecom Express has laid off at least 500 employees and put on hold its plans for an initial public offering (IPO) of its shares as it attempts to trim costs, two people familiar with the matter told Mint.

2 min  |

February 12, 2025

Mint New Delhi

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 New Delhi

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 New Delhi

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

PM said recent reforms will facilitate oil and gas resources' maritime exploration, raise production, maintain strategic reserves

1 min  |

February 12, 2025

Mint New Delhi

Morgan Stanley sets $3 bn X loan

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

1 min  |

February 12, 2025

Mint New Delhi

Reset import tariffs: Trump's policies offer us a pretext

Let's use this moment to lower duties across the board and let a weaker rupee push up exports

4 min  |

February 11, 2025

Mint New Delhi

Nokia hires Intel's AI executive as CEO

Nokia Oyj said it was replacing chief executive officer Pekka Lundmark with Intel Corp.'s Justin Hotard in a surprise announcement as the network equipment maker works to exit a prolonged slump in orders from phone operators.

1 min  |

February 11, 2025

Mint New Delhi

Trump's Next Round of Tariffs—25% on Steel and Aluminum—Won't Be So Easily Averted

Plans to announce reciprocal tariffs on trading partners are also in the mix

6 min  |

February 11, 2025

Mint New Delhi

Internal disparities: The state of Indian states matters

Reform action is expected to move to Indian states and it's important for our laggards to catch up

4 min  |

February 11, 2025

Mint New Delhi

Rolls-Royce to double India sourcing

Rolls-Royce said it intends to double its supply chain sourcing from India over the next five years.

1 min  |

February 11, 2025