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Mint Kolkata

Parle, Rasna expect growth in summer

Parle Agro chief executive officer Schauna Chauhan and Rasna Group chairman Piruz Khambatta on Monday said they are anticipating double-digit growth coming in on the back of the upcoming summer season.

1 min  |

February 25, 2025

Mint Kolkata

RBI revises co-op bank norms

Move comes after central bank superseded the board of New India Co-op Bank and imposed restrictions on it

2 min  |

February 25, 2025

Mint Kolkata

BITs shouldn't bite: Let's rethink our bilateral investment treaties

Such a revamp of India's model BIT should focus on regulatory certainty and dispute prevention

3 min  |

February 25, 2025

Mint Kolkata

Glenmark to settle lawsuits in the US

Glenmark Pharmaceuticals on Monday said it will pay $7 million to three entities to settle lawsuits in the US related to generic drugs.

1 min  |

February 25, 2025

Mint Kolkata

Alibaba pledges $53 billion AI infra spend in 3 years

E-commerce pioneer's target marks one of China's biggest AI infra budgets

2 min  |

February 25, 2025

Mint Kolkata

Do not let techno-optimism over AI crowd out concerns of equity

The rise of this technology has left us staring at greater inequality in a world that's already distorted by the power of wealth

4 min  |

February 25, 2025

Mint Kolkata

Govt's Monetization Plan May Target Power, Mining

The FM unveiled Asset Monetization Plan 2.0, targeting ₹10 trillion by monetizing govt assets

2 min  |

February 25, 2025

Mint Kolkata

NHA Offers More Incentives to Enrol Hospitals in Health Scheme

NHA has made package rates more attractive, viable for private healthcare providers

1 min  |

February 25, 2025

Mint Kolkata

Factory slowdown fuelled Feb rate cut, says RBI's Kumar

A sharp slowdown in India's manufacturing sector—a key driver of job creation—was a major factor in the monetary policy committee's (MPC) decision to cut the key repo rate earlier this month, an external member said.

1 min  |

February 25, 2025

Mint Kolkata

Fitch: IIFL Finance's earnings may fall

On-bank lender IIFL Finance will likely see its annual earnings fall from a year earlier due to reduced net interest margins and higher credit costs, Fitch Ratings said on Monday.

1 min  |

February 25, 2025

Mint Kolkata

Euler, Tata Power Renewables Tie Up

Electric commercial vehicle maker Euler Motors on Monday said it has tied up with Tata Power Renewables for fast chargers.

1 min  |

February 25, 2025

Mint Kolkata

Conservative Friedrich Merz wins German election

Friedrich Merz is the clear winner of the German election.

4 min  |

February 25, 2025

Mint Kolkata

The U.S. Economy Depends More Than Ever on Rich People

The top 10% of earners are splurging on everything from vacations to designer handbags

5 min  |

February 25, 2025

Mint Kolkata

Much gold buying reflects a move away from the dollar

A return to the gold standard is not feasible but it's no surprise that countries want to rely less on US currency

4 min  |

February 25, 2025

Mint Kolkata

Amgen's new India site to get $200 mn

US drugmaker Amgen will invest about $200 million this year in its new technology centre in southern India, with further investments planned, chief executive Robert Bradway said at the inauguration of the site on Monday.

1 min  |

February 25, 2025

Mint Kolkata

Microsoft cancels leases for AI data centers, analyst says

OpenAI's biggest backer has voided leases for \"couple of hundred megawatts\" of capacity, TD Cowen wrote

2 min  |

February 25, 2025

Mint Kolkata

Indorama to pick up 24.9% stake in EPL for $220 mn

Blackstone had acquired 75% of EPL in 2019 from erstwhile promoter Essel Group and public shareholders

1 min  |

February 25, 2025

Mint Kolkata

India Inc's revenue in Q4 to grow 7-8%

CRA said Indian firms are likely to clock 7-8% revenue growth during the March quarter of the current fiscal year, led by revival in rural demand and uptick in government spending.

1 min  |

February 25, 2025

Mint Kolkata

India's IT sector must revamp biz: HCLTech's Vijayakumar

Indian information technology (IT) firms need to rethink how they operate and the country needs to create its own language models as artificial intelligence (AI) technologies disrupt the sector, according to HCL Technologies Ltd (HCLTech) chief executive office (CEO) C. Vijayakumar.

1 min  |

February 25, 2025

Mint Kolkata

Is AI on the cusp of a singularity?

If Elon Musk is to be believed, we are \"on the event horizon of the singularity.\"

1 min  |

February 25, 2025

Mint Kolkata

DOGE Won't Help the US Dodge a National Debt Problem

Its government efficiency department can snip spending but can't really ease America's indebtedness

4 min  |

February 25, 2025

Mint Kolkata

Kim Kardashian's Skims Label Might Just Do It for Brand Nike

With its new NikeSkims range, Nike could see the revival it needs

3 min  |

February 25, 2025

Mint Kolkata

Felix Pharma eyes $250 mn stake sale of pet drug unit

Ireland-based Felix Pharmaceuticals is looking to sell a controlling stake in its Indian subsidiary, Felix Generics, which makes veterinary drugs for 'companion pets' such as dogs and cats, three people with knowledge of the development said.

1 min  |

February 25, 2025

Mint Kolkata

Trump Wants To End The War Fast. Russia Has Its Own Timetable.

Kremlin Sees Advantage In Drawn-Out Ukraine Talks, Using Battlefield To Shape Negotiations

4 min  |

February 25, 2025

Mint Kolkata

As Nalco's price advantage lessens, can new capacity help?

Dazzling show Nalco's Q3FY25 consolidated profits jumped sharply as alumina business earnings got a boost on improved prices.

1 min  |

February 25, 2025

Mint Kolkata

India's Car Market May Need a Policy Kickstart

Sales growth fizzling out could be a sign of premature saturation. A renewed EV push and the stimulus of greater import competition may help, but the problem looks larger than that

2 min  |

February 24, 2025

Mint Kolkata

BR Shetty vows to appeal Dubai court award to ICICI Bank

While Shetty denied signing the guarantees, handwriting experts confirmed that it was his signature

1 min  |

February 24, 2025

Mint Kolkata

Learning to Lead with a 'Himalayan Mindset'

Summiting a peak can teach one lessons about oneself, as well as teamwork, true leadership, engagement and empathy

5 min  |

February 24, 2025

Mint Kolkata

DCGI bans some pain meds

The Drugs Controller General of India (DCGI), the apex drug regulatory authority, has banned the production and export of all combinations of pain relief medications, tapentadol and carisoprodol.

1 min  |

February 24, 2025

Mint Kolkata

Trump Orders ICE to Deport Unaccompanied Migrant Kids

The Trump administration is directing immigration agents to track down hundreds of thousands of migrant children who entered the United States without their parents, expanding the president's mass deportation effort, according to an internal memo reviewed by Reuters.

1 min  |

February 24, 2025