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Mint Kolkata

Over 700K sellers now on ONDC

Over 700,000 sellers and service providers have been onboarded on Open Network for Digital Commerce (ONDC) so far, the government said on Thursday.

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1 min  |
January 03, 2025
Mint Kolkata

Bhopal gas tragedy: Toxic waste moved

The authorities said on Thursday they had completed moving toxic waste from the site of the 1984 Bhopal gas leak disaster, which killed more than 5,000 people, to a disposal facility.

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1 min  |
January 03, 2025
Mint Kolkata

DMart's Q3 revenue up 18% to ₹15,565 cr

Avenue Supermarts Ltd, which owns and operates retail chain DMart, has reported a 17.5% increase in standalone revenue from operations at ₹15,565.23 crore for the third quarter ended 31 December 2024.

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1 min  |
January 03, 2025
Mint Kolkata

Morgan Stanley quits climate group

Morgan Stanley said it has quit a global climate-banking group, joining other Wall Street firms to have left an alliance designed to support the reduction of greenhouse-gas emissions.

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1 min  |
January 03, 2025
Mint Kolkata

JK Lakshmi gets nod to merge with units

Leading bourses National Stock Exchange (NSE) and BSE have given consent to the merger of three subsidiaries into JK Lakshmi Cement.

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1 min  |
January 03, 2025
Mint Kolkata

151 Steel Standards Included in QCO

The government on Thursday said that 151 steel standards formulated by the Bureau of Indian Standards (BIS) have been incorporated in the Quality Control Order (QCO) so far.

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1 min  |
January 03, 2025
Mint Kolkata

Varun Beverages to invest ₹412 cr in arm

Varun Beverages Ltd (VBL), the leading bottler of PepsiCo, on Thursday announced to invest ₹412 crore in its South African subsidiary Beverage Co. Proprietary (Bevco).

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1 min  |
January 03, 2025
Mint Kolkata

White-collar hiring up 9% in December

White-collar hiring activity in December witnessed a 9% increase compared to the same period of the previous year, driven by high-skill and strategic roles, a report said on Thursday.

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1 min  |
January 03, 2025
Mint Kolkata

Tesla Posts 1st Drop in Sales in a Decade

Tesla's global sales rose 2.3% in the fourth quarter after a sluggish start to the year that contributed to the electric car company's first year-over-year sales decline since at least 2015.

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1 min  |
January 03, 2025
Mint Kolkata

U.S. Companies Vouched for China During Trump's First Term. Not Anymore.

The promise of China's market has faded as its once-booming economy hits trouble

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4 mins  |
January 03, 2025
Mint Kolkata

Power demand shoots up amid cold wave across North India

With projections of the cold wave in Jan, the demand is expected to remain elevated

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1 min  |
January 03, 2025
Mint Kolkata

Big Retail Gets Bigger as Smaller Players Struggle in the U.S. Market

The three big retailers spent an estimated $47 billion on capital expenditures in 2023

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3 mins  |
January 03, 2025
Mint Kolkata

US Army veteran who killed 15 in attack in New Orleans was inspired by Islamic State

A US Army veteran who drove a pickup truck into a crowd of New Year's revellers in New Orleans, killing 15 people, had posted videos to social media hours before the carnage saying he was inspired by the Islamic State group and expressing a desire to kill, the president said.

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4 mins  |
January 03, 2025
Mint Kolkata

Air India seeks to extend its premium lead over IndiGo

AI plans to expand the business and premium economy offerings to 100 narrow-body aircraft

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2 mins  |
January 03, 2025
Mint Kolkata

Ex-Maoists Get Capitalist Hug With Lloyd Metals' ESOP Issue

Recently, Lloyd looked to share ownership with its blue-collar workforce via stock options

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3 mins  |
January 03, 2025
Mint Kolkata

Bollywood actors dabble with niche roles to prove versatility

Top Bollywood stars were quite experimental in their choice of films in 2024, but without much success in their endeavours. They only ended up denting annual box office collections.

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1 min  |
January 03, 2025
Mint Kolkata

Manufacturing PMI

In Sep quarter, India's GDP growth slid to a seven-quarter low of 5.4% amid the manufacturing slump

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1 min  |
January 03, 2025
Mint Kolkata

Sebi merges probes on Zee, Goenka, Chandra

The capital market regulator clubbed proceedings on Thursday against Zee Entertainment Enterprises Ltd (ZEEL), its chief executive Punit Goenka and former chairman Subhash Chandra over allegations of fund diversion and violation of disclosure requirements.

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1 min  |
January 03, 2025
Mint Kolkata

BharatPe hires Rothschild to sell up to 25% stake in Unity SFB

BharatPe turned Ebitda positive in 2024, recording consolidated revenue from ops of ₹1,426 crore in FY24

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2 mins  |
January 03, 2025
Mint Kolkata

Heritage to grow beyond South, boost value-added dairy items

Heritage Foods plans to expand beyond South India, where it draws the bulk of its revenue from, and launch more value-added products as demand for such items grows, a top official of the Hyderabad-based dairy company said.

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1 min  |
January 03, 2025
Mint Kolkata

EV players, Goyal to meet today, discuss infra-related issues

The government plans to install 10,763 public charging stations across the country under the FAME-II scheme

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1 min  |
January 03, 2025
Mint Kolkata

iBus eyes ₹2,000 cr in revenue, bets on digitization of buildings

Bengaluru-based iBus Networks is aiming for a revenue of ₹2,000 crore in the next four to five years, with Ebitda (earnings before interest, taxes, depreciation and amortization) of ₹500 crore, as it looks to become an infrastructure tech company by offering digital solutions for last-mile connectivity.

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1 min  |
January 03, 2025
Mint Kolkata

M&M, Tata Motors ride EVs to become first to win auto PLI

Govt okays ₹246 crore to be disbursed to the two firms—first since scheme was launched

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2 mins  |
January 03, 2025
Mint Kolkata

Office rentals to rise as demand surges

Mindspace REIT CEO Nair also expects interest rates to ease, paving the way for higher growth

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2 mins  |
January 03, 2025
Mint Kolkata

Banks Push RBI for FX Swap Amid Liquidity Crunch

Such operations could effectively inject rupee liquidity into the financial markets

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1 min  |
January 03, 2025
Mint Kolkata

Indo Farm IPO gets subscribed 228x times

The initial public offering (IPO) of Indo Farm Equipment garnered a whopping 227.57 times subscription on the closing day of bidding on Thursday.

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1 min  |
January 03, 2025
Mint Kolkata

Euro falls to weakest versus dollar since 2022 amid US tariff concerns

Expectations are European Central Bank will cut interest rates more aggressively than the Federal Reserve

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2 mins  |
January 03, 2025
Mint Kolkata

Market correction gives opportunities to buy, but valuations still high

The market is currently showing some signs of recovery, rebounding roughly 4% from its trough

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2 mins  |
January 03, 2025
Mint Kolkata

Rupee expected to further weaken vs dollar in coming months

The rupee is expected to further weaken in the coming months as Trump's presidency strengthens the dollar, at least in the near term, experts said, adding that the central bank's interventions in the currency market are likely to ease.

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2 mins  |
January 03, 2025
Mint Kolkata

Maruti's small cars revving again

Maruti Suzuki India Ltd's sales volume update for December sprung a positive surprise on small, entry-level cars, which saw 29% year-on-year growth to 62,324 vehicles.

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2 mins  |
January 03, 2025