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'Centre to build GCCs with states'

Mint Mumbai

|

September 18, 2025

The central government is committed to partnering with states in creating the right ecosystem for multinational corporations to set up their captive units in India, known as global capability centres (GCCs), and to enable smaller cities to compete with metros in this regard, finance minister Nirmala Sitharaman said on Wednesday.

Speaking at the Confederation of Indian Industry (CII)'s GCC business summit in Andhra Pradesh, Sitharaman said that in order to maximize India’s advantage for these units that contribute to technology development tapping into India

MEER VERHALEN VAN Mint Mumbai

Mint Mumbai

Anil Ambani moves SC over fraud tag

Industrialist Anil Ambani has moved the Supreme Court challenging an order of the Bombay High Court which upheld the State Bank of India’s (SBI) decision classifying his and Reliance Communications’ accounts as fraud.

time to read

1 min

December 02, 2025

Mint Mumbai

Mint Mumbai

Mehli Mistry quits Ratan Tata’s Small Animal Hospital

Tata Trusts’ former trustee and late Ratan Tata’s close confidant, Mehli Mistry, has resigned from the board of his friend's cherished project, Small Animal Hospital Trust, which claims to have become India’s largest specialty hospital for pet animals.

time to read

1 mins

December 02, 2025

Mint Mumbai

Mint Mumbai

UK lawmaker Tulip Siddiq sentenced in Bangladesh graft case

Bangladesh court sentenced British lawmaker and former minister Tulip Siddiq in absentia to two years in jail on Monday in a corruption case involving the alleged illegal allocation of a plot of land, prosecutors said.

time to read

1 min

December 02, 2025

Mint Mumbai

Rupee at record low, no US deal drags

The rupee slid to a record low on Monday, pressured by maturing non-deliverable forward positions alongside a persistent bearish pall on the currency as India remains the among the few major economies without a trade deal with the US.

time to read

1 min

December 02, 2025

Mint Mumbai

Mint Mumbai

KOCHI'S BOATS CHART A NATIONAL COURSE

India wants to modernize its ancient waterways for mass transit. Can it be a game changer?

time to read

8 mins

December 02, 2025

Mint Mumbai

Crisil: Exports drive agrichem revenue

Buoyed by higher exports, India’s agrochemical industry is set to consolidate its revenues with a likely 6-7% growth this fiscal year, Crisil Ratings said in report on Monday.

time to read

1 min

December 02, 2025

Mint Mumbai

Statistics: IMF's report card need not alarm us

The Fund's criticism of India's macroeconomic estimates is best taken as a cue to further improve the country's statistical framework. Thankfully, remedial work has already begun

time to read

2 mins

December 02, 2025

Mint Mumbai

Mint Mumbai

Airbus flags new problem on some A320s

Airbus said on Monday it has discovered an industrial quality issue affecting metal panels of a “limited” number of A320family aircraft, confirming a Reuters report, the latest challenge for the planemaker after a weekend recall of its jets.

time to read

2 mins

December 02, 2025

Mint Mumbai

Rare-earth magnets: Why an ‘India fix’ is not enough

Earlier this year, a Pune firm quietly solved a problem that has vexed policymakers for decades.

time to read

3 mins

December 02, 2025

Mint Mumbai

Ola woes grow, bets on battery

Ola Electric Mobility Ltd had its own set of problems, and the goods and servicestax (GST) rate cut from 28% to 18% on ICE two-wheelers has only made matters worse.

time to read

2 mins

December 02, 2025

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