CATEGORIES

Mint Kolkata

DMart: Eyes on margin, new CEO

The Avenue Supermarts Ltd stock is back to square one. Investors were thrilled when the company, which runs the DMart supermarket chain, said earlier this month that its December quarter (Q3FY25) standalone year-on-year revenue growth came in at 17.5%.

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2 mins  |
January 14, 2025
Mint Kolkata

After Q3 surge in the north, can cement prices rise more?

After a lull, trade cement prices at an all-India level are gradually climbing in the recent months.

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1 min  |
January 14, 2025
Mint Kolkata

Investors Pin Hopes on Earnings Season to Revive Faltering Stock Market Rally

The postelection stock rally has sputtered. Investors are looking to the coming earnings season to revive it.

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3 mins  |
January 14, 2025
Mint Kolkata

India, Asean to gain as looming US tariffs shake up trade: BCG

World trade is projected to exceed $29 tn by 2033, with India's trade growing at a 6.4% CAGR through 2033

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2 mins  |
January 14, 2025
Mint Kolkata

WeWork India raises ₹500 cr via rights issue

Co-working major WeWork India on Monday said it has raised ₹500 crore through rights issue mainly to reduce debt and achieve further growth.

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1 min  |
January 14, 2025
Mint Kolkata

PUBG developer eyes spending spree in search of more hits

Krafton Inc., the developer of hit title PUBG: Battlegrounds, plans to spend more than 200 billion won ($136 million) this year to invest in over a dozen promising game studios, underscoring its ambition to become a global force in publishing.

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1 min  |
January 14, 2025
Mint Kolkata

Podcast sector rides video, but monetization an issue

Podcasts are no longer restricted by genre, and YouTube has made everyone an audience, experts say

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2 mins  |
January 14, 2025
Mint Kolkata

AI, GenAI Are Transforming Robotics, Says ABB's Atiya

ABB Has Also Piloted Systems Where Robots Respond To Natural Language Commands

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2 mins  |
January 14, 2025
Mint Kolkata

PAG acquires majority stake in Pravesha for $200 mn

Asia-Pacific-focused private equity firm PAG has acquired a majority stake in Pravesha Industries Pvt. Ltd for $200 million, according to a person familiar with the transaction.

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1 min  |
January 14, 2025
Mint Kolkata

Generic drug store push: one every 2 hrs

A government generic drug store is opened every two hours across the country and the push will continue until 2027, a senior official said, in a move to ensure better availability of quality and affordable medicines.

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1 min  |
January 14, 2025
Mint Kolkata

FY26 fiscal deficit may be 4.4-4.6% of GDP, says report

India's fiscal deficit could come in at 4.4% to 4.6% of GDP in FY26, Goldman Sachs Economics Research said in a report on Monday.

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1 min  |
January 14, 2025
Mint Kolkata

China, India seek new oil supplies as US sanctions bite

Chinese and Indian refiners are seeking alternative supplies of crude as new US sanctions on Russian producers and tankers are set to be the most effective yet in curbing shipments to Moscow's biggest customers, numerous traders said on Monday.

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1 min  |
January 14, 2025
Mint Kolkata

Retail inflation falls to four-month low, food prices ease

The CPI rose 5.22% in December, down from 5.48% in November and 5.69% a year ago

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2 mins  |
January 14, 2025
Mint Kolkata

The lessons in long walks and reading

AVP's head on mentorship and taking Ayurveda to a wider audience

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2 mins  |
January 13, 2025
Mint Kolkata

Can More Time Off Help People Destress?

More workers are prioritizing mental health and some firms are adapting and offering holidays for staff to rest. But is it enough?

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4 mins  |
January 13, 2025
Mint Kolkata

How employees can thrive in a chaotic workplace

From embracing procrastination to more silence, a paradoxical mindset can help one thrive in a 'BANI' world

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3 mins  |
January 13, 2025
Mint Kolkata

KlarifyLife by HDFC Life explores ambition, risk and success with Zouk and The Souled Store

Unlocking entrepreneurial journeys, financial insights and growth stories—as well as discussing what it takes to win over Indian consumers in the D2C landscape—with Disha Singh, co-founder of Zouk, and Harsh Lal, co-founder of The Souled Store

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3 mins  |
January 13, 2025
Mint Kolkata

IBREL-Embassy merger approved

In a major relief to Indiabulls Real Estate (IBREL) and Embassy Group, the appellate tribunal National Company Law Appellate Tribunal (NCLAT) has sanctioned the scheme of amalgamation to merge both the real estate firms after setting aside the National Company Law Tribunal (NCLT) order stalling the process.

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1 min  |
January 13, 2025
Mint Kolkata

India's coal imports rise 2% in Apr-Nov

India's coal imports rose 2% to 182.02 million tonnes in the April-November period of the current fiscal year.

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1 min  |
January 13, 2025
Mint Kolkata

NFRA Plans Papers for Interactions

To enhance the quality and the level of interactions between auditors and companies' audit committees, National Financial Reporting Authority (NFRA) chief Ajay Bhushan Prasad Pandey has said the watchdog plans to come out with six to seven papers having sets of questions that will cover various aspects of statutory audits.

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1 min  |
January 13, 2025
Mint Kolkata

SpaDeX: Isro brings satellites within 3 metres in trial attempt

Indian Space Research Organisation (Isro) on Sunday said the two satellites launched to perform space docking experiments were brought within three metres and then moved safely back in a trial attempt.

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1 min  |
January 13, 2025
Mint Kolkata

AIFs seek specific funds from govt

Alternate investment funds (AIFs) have sought from the government specific funds for investments in new-age, sunrise and deep-tech startups with a view to promote innovation in the country, an official said.

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1 min  |
January 13, 2025
Mint Kolkata

Adani to invest in Chhattisgarh biz

Industrialist Gautam Adani on Sunday called on Chhattisgarh chief minister Vishnu Deo Sai and announced an investment of ₹65,000 crore in the Adani Group's energy and cement projects in the state, officials said.

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1 min  |
January 13, 2025
Mint Kolkata

IBA seeks tax sops for biogas in budget

Indian Biogas Association (IBA) has urged the finance ministry to create blanket corporate tax holidays for compressed biogas (CBG) production in the forthcoming General Budget to attract investment in the sector to promote this renewable energy source.

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1 min  |
January 13, 2025
Mint Kolkata

The political economy will weigh heavily on the budget

With India's economy in a crunch, cash transfers will probably grow even as Bihar expects largesse

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3 mins  |
January 13, 2025
Mint Kolkata

EAM Jaishankar to represent India at Trump's inauguration

The foreign ministers of Japan and Australia will also attend the inauguration

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1 min  |
January 13, 2025
Mint Kolkata

The US-China tech break-up has set off a race to the bottom

America's whack-a-mole approach is too clumsy for its own good

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3 mins  |
January 13, 2025
Mint Kolkata

Stagnant wages in fast-emerging India: We need an Enlightenment

We must raise not just output but also the quality of our people's lives. This may require a paradigm shift in Indian thinking

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4 mins  |
January 13, 2025
Mint Kolkata

Quick food row: Whose database is it anyway?

If quick-food platforms break competition rules, as restaurants allege, they should be hauled up. But data-driven innovation is welcome. It'll favour consumers and help the market evolve

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2 mins  |
January 13, 2025
Mint Kolkata

India Has Become Too Rich To Let Petty Clerks Torment Us

Middle-income countries tend to prosper by relieving people of petty pains but signs of it in India are weak

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4 mins  |
January 13, 2025