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Mint Kolkata

Small investors chase new fancy in unlisted avenue

The pre-IPO segment has been a significant driver of this surge, as investors flock to companies preparing for public listings.

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1 min  |
December 27, 2024
Mint Kolkata

JSW Group gets a copper lining to metals business

\"The idea is to venture into non-ferrous metals because copper will be in huge demand, be it from EVs (electric vehicles), the renewable grid, construction, home appliances, everything needs copper,\" one of the people cited above said. \"Today, India is a net importer. This is a critical start.\"

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1 min  |
December 27, 2024
Mint Kolkata

L&T Eyes 20% Growth in FY26

Infrastructure major Larsen & Toubro (L&T) expects its construction and mining machinery business to grow at least 20% in the next fiscal year, with the company planning to double sales in the next five years.

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1 min  |
December 27, 2024
Mint Kolkata

Microsoft Is Forcing Its AI Assistant On People—And Making Them Pay

Like Other Tech Firms Playing Catch-Up in the AI Market, Copilot Has Struggled Against OpenAI's ChatGPT

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2 mins  |
December 27, 2024
Mint Kolkata

Niche US films eye premium pricing

Footfalls are driven by content and the overall cinematic experience and not ticket prices alone, say experts

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1 min  |
December 27, 2024
Mint Kolkata

Medtech firms bet on export

Local medical devices manufacturers look beyond borders to capitalize on the rising demand in global markets.

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4 mins  |
December 27, 2024
Mint Kolkata

New India Manufacturing Era Beckons

With the global supply chains continuing to shift in India's favour as the world's largest businesses strike a new balance between resilience and efficiency, manufacturing has the potential to transform the economy, Tata Sons chairman N Chandrasekaran said.

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1 min  |
December 27, 2024
Mint Kolkata

Court halts Rel AGM, blocks Burman offer

The high court's order follows a PIL aimed at protecting the interests of Rel's minority shareholders

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2 mins  |
December 27, 2024
Mint Kolkata

Rupee plunges 12p to end at new low of 85.27 to dollar

The rupee weakened on a strong dollar and rising US treasury yields that are at the highest levels in seven months

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2 mins  |
December 27, 2024
Mint Kolkata

Miners, steel firms in limbo on tax uncertainty, weak prices

Mining and steel companies are caught between a rock and a hard place.

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2 mins  |
December 27, 2024
Mint Kolkata

RBI committee to study global regulations on AI, identify risks

The eight-member panel will be chaired by Pushpak Bhattacharyya, professor from IIT Bombay

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2 mins  |
December 27, 2024
Mint Kolkata

Japan's SMFG puts $350 million into Indian NBFC arm

Japan's Sumitomo Mitsui Financial Group (SMFG) has invested an additional ₹3,000 crore, or over $350 million, into SMFG India Credit through a rights issue.

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1 min  |
December 27, 2024
Mint Kolkata

Alibaba, E-Mart Plan $4 Billion JV in Korea

Alibaba Group Holding Ltd. agreed to merge its South Korean operations with E-Mart Inc.'s e-commerce platform to better compete in the country's fast-paced online retail sector.

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1 min  |
December 27, 2024
Mint Kolkata

KKR to Lead Leap India's ₹535 Crore Funding

Leap India Pvt. Ltd, a storage and supply chain services provider that is majority-owned by private equity firm KKR, is raising ₹535 crore (around $62.7 million) in its latest funding round led by KKR, along with participation from Sixth Sense, First Bridge India, Madhurima International and Niveshaay Sambhav Fund, as well as a few angel investors.

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1 min  |
December 27, 2024
Mint Kolkata

Jubilant Foods in pact with Coca-Cola

Food services company Jubilant FoodWorks Ltd (JFL), which operates Domino's and Popeye's chains of restaurants in India and neighbouring markets, said on Thursday it has signed a memorandum of understanding (MoU) with The Coca-Cola Company to procure sparkling beverages from the soft drink major's bottlers.

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1 min  |
December 27, 2024
Mint Kolkata

AI, advanced robotics to transform highway building

The plan aims to speed up construction, reduce waste and improve ride quality, durability

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2 mins  |
December 27, 2024
Mint Kolkata

Govt weighs income tax cuts to give relief to the middle class

India is considering cutting income tax for individuals making up to ₹15 lakh ($17,590) a year in February's budget to provide relief to the middle class and boost consumption as the economy slows, two government officials said.

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1 min  |
December 27, 2024
Mint Kolkata

Signs of growth rebound ahead: Economic review

India's GDP is expected to grow at 6.5% in 2024-25 despite a slowdown in investment growth due to reduced public expenditure, private sector caution, global uncertainties, and concerns over excess capacity and dumping, the Union finance ministry said in its November economic review released on Thursday.

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1 min  |
December 27, 2024
Mint Kolkata

Climate Change and the New Green Economy: Big Questions for '25

India must navigate China's monopoly in the global supply chain of green goods

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4 mins  |
December 27, 2024
Mint Kolkata

Govt's agri-preneur scheme receives lukewarm response

Only 35 ventures have been established under the ACABC scheme in the current fiscal year

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2 mins  |
December 27, 2024
Mint Kolkata

The Indian Coffee Trends That Defined This Year

Limited edition beans, specialized training centers, and the growth of filter coffee were some of the prominent trends of 2024

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4 mins  |
December 26, 2024
Mint Kolkata

After 'Shogun', Content From Japan Is Hot

Adaptations of major manga and other Japanese properties are in the works

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2 mins  |
December 26, 2024
Mint Kolkata

Akhil Katyal on longing, translation and Charles Darwin

Katyal talks about ways of grieving, his approach to translation, and the quest for possible worlds in his new volume

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4 mins  |
December 26, 2024
Mint Kolkata

Why are product displays on e-commerce sites so drab?

Businesses based on technology shouldn't lose touch with the subtle art of persuasion

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4 mins  |
December 26, 2024
Mint Kolkata

Nike's Turnaround Strategy Will Need the Second Shoe to Drop

Its new CEO has made a beginning, but the real big test lies ahead

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3 mins  |
December 26, 2024
Mint Kolkata

India's Leadership Has a Valuable Role to Play in a Multipolar World

Its strategic autonomy and multi-alignment place it in a unique position to lead everyone towards globally shared goals

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4 mins  |
December 26, 2024
Mint Kolkata

Panama Isn't The Only US Ally Trump Has Rattled

America's president-elect seems bent on an expansive approach to its 'manifest destiny' but overreach could unsettle Pax Americana. Neutral India, thankfully, needn't worry much

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2 mins  |
December 26, 2024
Mint Kolkata

One Nation, One Election: Consultation time has begun

The idea of state and central polls being held in sync has its pros and cons that need careful examination

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3 mins  |
December 26, 2024
Mint Kolkata

Policymaking as usual does not suffice for periods of transition

Economic thinking across the world must look beyond the certainty of numbers in uncertain times

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3 mins  |
December 26, 2024
Mint Kolkata

Truth About AIFs: Debunking Myths, Tapping Potential

AIFs emerge as a promising avenue for asset diversification, as well as for wealth creation

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2 mins  |
December 26, 2024