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Mint Kolkata

BofA Seeking to Revamp India Investment Team After Probe

Bank of America Corp. is rebuilding its investment banking team in India after a string of senior resignations and scrutiny over share sales rocking local operations last year, said people familiar with the matter.

1 min  |

April 15, 2025

Mint Kolkata

Intel to sell 51% in Altera amid cost cuts

Intel Corp. has agreed to sell a 51% stake in its programmable chips unit Altera to Silver Lake Management, making good on plans to start spinning off non-core assets.

1 min  |

April 15, 2025

Mint Kolkata

Cement price hikes in April ease margin fears, for now

Cement makers have entered FY26 on a firm footing, aided by price hikes in April, according to dealer channel checks by various brokerages.

1 min  |

April 15, 2025

Mint Kolkata

Electric Bus Makers Gear Up for Delhi's Full Fleet Electrification

Delhi will increase its electric bus fleet from the existing 8,000 to 11,000 over next five years

3 min  |

April 15, 2025

Mint Kolkata

US climate withdrawal spurs rethink on green funding

Govt will focus on tapping other multilateral and bilateral means, besides private sector

2 min  |

April 15, 2025

Mint Kolkata

As antitrust trial begins, Meta faces potential breakup

The trial is expected to last about two months and feature testimony as soon as this week from CEO Zuckerberg

1 min  |

April 15, 2025

Mint Kolkata

Tariff Jitters Drive Down Gold Prices

Old prices fell from a record high on Monday after US President Donald Trump excluded smartphones and computers from his reciprocal tariffs, although uncertainty around tariff plans kept prices above the significant $3,200 per ounce level.

1 min  |

April 15, 2025

Mint Kolkata

Tether Emerges as Major Crypto Lender Since Collapse of the Sector

Tether Captures 70% Market Share as Other Centralized Lenders Struggle to Recover from 2022 Crypto Meltdown

3 min  |

April 15, 2025

Mint Kolkata

U.S. allies are sitting out Donald Trump's trade war with China

Imposition of new tariffs on nearly every country adds to concerns in Europe and Asia about relying on America

6 min  |

April 15, 2025

Mint Kolkata

Dip in crude import prices lifts hope for a trickle-down to fuels

India's average crude oil import price has fallen below $70 a barrel for the first time since August 2021 even as benchmark Brent crude on Monday opened below $65, raising hopes of a downward revision of petrol and diesel prices that could bring some cheer to customers, and enhancing the macroeconomic stability of an economy that imports most of its fuel, people familiar with the matter said.

1 min  |

April 15, 2025

Mint Kolkata

Omnivore plans to invest in life sciences

Omnivore is also planning a couple of exits this year from its second fund and is in talks to create an exit strategy

2 min  |

April 15, 2025

Mint Kolkata

Another IMF loan for Argentina could have major repercussions

What the Milei government has obtained may turn out scandalous for the Fund and bad for others

3 min  |

April 15, 2025

Mint Kolkata

Ashish Saraf joins P&W as India head

Aircraft engine maker Pratt & Whitney (P&W) on Monday announced the appointment of Ashish Saraf as vice president and country head, India.

1 min  |

April 15, 2025

Mint Kolkata

India Inc should warm up to corporate bond issuances

Non-financial businesses issuing more corporate bonds will work in favour of the economy

3 min  |

April 15, 2025

Mint Kolkata

'Tariffs to open up new opportunities'

European auto major Skoda Auto Volkswagen India on Monday said while it does not support the new reciprocal tariff imposed by the Trump Administration, which have now been paused for 90 days on non-retaliating countries, the move may open up opportunities for the industries in the long term.

1 min  |

April 15, 2025

Mint Kolkata

Hyatt to double capacity in 5 years

Hyatt Hotels Corp. plans to double its number of properties in India over the next five years, as affluent residents splurge on weddings, pilgrimage and concerts.

1 min  |

April 15, 2025

Mint Kolkata

In a setback, liver risks force Pfizer to drop obesity pill

Pfizer Inc. will stop developing an obesity pill that was closely watched by investors, a severe blow in its efforts to compete with blockbuster weight-loss shots from Novo Nordisk A/S and Eli Lilly & Co.

1 min  |

April 15, 2025

Mint Kolkata

Female founders are haunted by the misdeeds of their peers

A gender lens on fraud is irrational but such biases are pervasive

3 min  |

April 15, 2025

Mint Kolkata

How Dutch Rejig Helps Tata Steel

A meltdown Tata Steel Nederland has faced profitability stress in the recent past amid lower realization and high energy costs.

2 min  |

April 15, 2025

Mint Kolkata

Centre Presses Hospitals For Greater Transparency On Organ Donations

With the world's lowest organ donation rate, the health ministry has warned hospitals to issue timely and transparent reports of deaths to their respective state authorities or face penalties, including licence cancellation.

2 min  |

April 15, 2025

Mint Kolkata

Kaistha to head Lamborghini India

Italian super luxury automaker Automobili Lamborghini on Monday said it has appointed Nidhi Kaistha as head of Lamborghini India.

1 min  |

April 15, 2025

Mint Kolkata

Bumper launches in FY26, but caution on home prices

Developers gear up for big residential launches, and are confident demand will stay robust.

3 min  |

April 15, 2025

Mint Kolkata

Foxconn in talks to set up a new electronics unit in UP

The Uttar Pradesh government and iPhone maker Foxconn have started discussions to set up an electronics manufacturing unit in the state, sources aware of the development said.

1 min  |

April 15, 2025

Mint Kolkata

Lodha trademark row ends as brothers settle dispute

Abhishek retains 'Lodha' tag, younger sibling to own 'House of Abhinandan Lodha' brand

2 min  |

April 15, 2025

Mint Kolkata

China, Vietnam Ink Deals as Xi Calls for Stronger Trade Ties

Xi's Trip to Hanoi, His Second in Less Than 18 Months, Aims to Consolidate Relations With a Neighbor

2 min  |

April 15, 2025

Mint Kolkata

Oil faces surplus through 2026

The global oil market faces \"large surpluses\" this year and next as the trade war weighs on crude demand growth and OPEC+ eases supply curbs, according to Goldman Sachs Group Inc.

1 min  |

April 15, 2025

Mint Kolkata

Banks seek power to freeze accounts

To check cyber fraud through mule accounts, banks are seeking authority to freeze accounts involved in channelling illicit transactions without wasting precious time in seeking permission from authorities.

1 min  |

April 14, 2025

Mint Kolkata

Ballot: Panacea for Every Peril Democracy Faces

The Centre has directed much of its resources to dealing with security challenges

3 min  |

April 14, 2025

Mint Kolkata

HDFC Cap in ₹1,500-cr platform with Eldeco

A affordable housing-focused private equity investor HDFC Capital Advisors Ltd, on Sunday announced that it has created a ₹1,500-crore development platform with a unit of New Delhi-based realty firm Eldeco Group to develop residential projects in tier 2 and 3 cities.

1 min  |

April 14, 2025

Mint Kolkata

Trump's advisors got tied up in knots over his tariff obsession

Rarely has America seen such a spectacle of confusion over policy

3 min  |

April 14, 2025