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Mint Kolkata

ONGC-NTPC JV seals ₹6,600 cr Ayana deal

The sale will rank among the largest deals in India's green energy space

2 min  |

February 13, 2025

Mint Kolkata

Low input costs, truck demand lift Leyland's Q3 profit

Ashok Leyland, India's second-largest maker of commercial vehicles, beat Street estimates to post its highest-ever profit for the December quarter on the back of lower input costs and a resurgence in demand for trucks during the quarter.

1 min  |

February 13, 2025

Mint Kolkata

Nykaa's challenges: Revive fashion biz, improve margins

The re-entry of Singapore-based Shein is expected to increase competition in India's fashion market.

1 min  |

February 13, 2025

Mint Kolkata

SC Extends Danny Gaekwad's Religare Bid Window

The Supreme Court Tuesday permitted US-based Digvijay 'Danny' Gaekwad to deposit ₹600 crore by Thursday 2 pm in an account designated by Reserve Bank of India (RBI).

1 min  |

February 13, 2025

Mint Kolkata

Energy to be strong component of India-US ties, says oil minister

With prime minister Narendra Modi set to meet US president Donald Trump, petroleum and natural gas minister Hardeep Singh Puri said energy will continue to be a very strong component of the India-US relationship and he is hopeful about the bilateral energy issue figuring in the prime minister's deliberations.

1 min  |

February 13, 2025

Mint Kolkata

SC Probes Sahara's Versova Land Sale Rights

The Supreme Court (SC) on Wednesday sought a response from the Maharashtra government on the environmental status of debt-ridden Sahara Group's 106-acre Versova land in Mumbai.

1 min  |

February 13, 2025

Mint Kolkata

Novartis to buy Anthos for $3.1 billion

Novartis AG agreed to buy US biotech Anthos Therapeutics for as much as $3.1 billion to gain a preventative stroke medicine that could be the first of its kind.

1 min  |

February 12, 2025

Mint Kolkata

Tax incentives for cleaner vehicles should stay: Toyota India head

Tax incentives for green mobility should continue for the benefit of consumers, according to the India head of Toyota Kirloskar Motor Pvt. Ltd, as the company continues to focus on electric and ethanol-powered vehicles.

2 min  |

February 12, 2025

Mint Kolkata

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 Kolkata

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 Kolkata

NTPC in talks with foreign cos on nuclear energy

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 Kolkata

Morgan Stanley Sets $3 Billion X Loan

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

1 min  |

February 12, 2025

Mint Kolkata

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 Kolkata

Bangladesh Wants Adani Plant to Restore Full Power

State-run BPDB Said It Had Been Paying $85 Million a Month to Adani to Clear Outstanding Dues

1 min  |

February 12, 2025

Mint Kolkata

Consumer cos' ad spends to rise in FY26

Firms are ramping up urban distribution, marketing, and financing schemes to drive sales

2 min  |

February 12, 2025

Mint Kolkata

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 Kolkata

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 Kolkata

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

Government targets to double the share of gas in India's energy mix to 15% by 2030

1 min  |

February 12, 2025

Mint Kolkata

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 Kolkata

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 Kolkata

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 Kolkata

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 Kolkata

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 Kolkata

Sebi failed to protect investors: Saluja in HC

Ashmi Saluja, executive chairperson at Religare Enterprises Ltd, has filed a petition with the Delhi high court accusing the Securities and Exchange Board of India (Sebi) of neglecting its duty to protect the interests of investors in the securities market.

1 min  |

February 12, 2025

Mint Kolkata

Ecom Express puts on hold its IPO plans

Over 500 people are expected to be laid off over the week at Ecom Express, said a person familiar with the matter

2 min  |

February 12, 2025

Mint Kolkata

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 Kolkata

India, Israel resolve to strengthen ties, commit to combat terrorism

India and Israel reaffirmed their commitment to fighting terrorism and strengthening bilateral ties, with commerce and industry minister Piyush Goyal emphasizing the shared resolve of both nations' leadership in eliminating the menace.

1 min  |

February 12, 2025

Mint Kolkata

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 Kolkata

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 Kolkata

'Affordable housing demand not down'

DFC Capital Advisors managing director and chief executive officer Vipul Roongta on Tuesday said the supply of affordable housing has gone down across major cities but not the demand, and urged real estate developers to focus on building homes costing ₹50 lakh to ₹1 crore.

1 min  |

February 12, 2025