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Mint Kolkata

Urban slump hits FMCG firms

FMCG growth slows in Q3 as price hikes, weak winter, urban demand weigh on results, despite rural resilience.

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2 mins  |
January 07, 2025
Mint Kolkata

Nippon, US Steel Sue Biden Order Blocking Acquisition

Image shows 'Biden's order blocked $14.9 bn buyout of US Steel.' as drophead text which was missed in extraction

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1 min  |
January 07, 2025
Mint Kolkata

Wipro veteran quits for CEO role at smaller firm

A senior Wipro Ltd executive overseeing a third of the company's business has resigned to become chief executive of a US-based fintech firm, marking another high-profile exit from India's fourth-largest IT services company.

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1 min  |
January 07, 2025
Mint Kolkata

Kidfluencers on a Timeout as Rules Force Industry Rethink

Draft personal data rules turn brands hesitant to partner with underage influencers

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2 mins  |
January 07, 2025
Mint Kolkata

Disney's Hulu + Live TV biz to merge with smaller rival Fubo

Walt Disney Co said on Monday it would merge its Hulu + Live TV business with smaller rival FuboTV in a deal that also potentially clears the way for the launch of its sports streaming venture with Fox Corp. and Warner Bros Discovery.

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1 min  |
January 07, 2025
Mint Kolkata

NCLAT to hear Meta's plea against CCI fine

CCI asked Meta to pay ₹213 crore fine for abusing its dominant position in relation to the 2021 policy update of WhatsApp

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1 min  |
January 07, 2025
Mint Kolkata

SC shifts e-comm cases to Karnataka HC

The Supreme Court has transferred to the Karnataka High Court (HC) all petitions challenging the Competition Commission of India's (CCI's) probe into alleged anti-competitive practices by e-commerce giants Amazon and Flipkart.

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2 mins  |
January 07, 2025
Mint Kolkata

India Inc raises vigil as HMPV cases rise in Asia

Health ministry will increase testing for HMPV as precautionary measure

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2 mins  |
January 07, 2025
Mint Kolkata

Morgan Stanley Lowers Hopes for India Bond Inflows

Foreign ownership of FAR bonds increased from 3.5% to 6% of the outstanding amount in 2024

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1 min  |
January 07, 2025
Mint Kolkata

For RBL Bank, credit cost is more important than growth

RBL Bank stock lost 40% of its value in 2024, and that had very little to do with the growth in advances and deposits. Instead, it was all about the asset quality issues.

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1 min  |
January 07, 2025
Mint Kolkata

Will FIIs Return to Indian Market in 2025?

Robust SIP inflows and strong retail participation in broader markets are bolstering DII resilience

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3 mins  |
January 07, 2025
Mint Kolkata

Crafting Bharat: Deep-tech edition-Speciale Invest Shaping the deep-tech venture capital landscape

In a world increasingly driven by innovation and technological breakthroughs, India is carving its place at the forefront of transformative solutions.

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3 mins  |
January 07, 2025
Mint Kolkata

Funding in space industry of India falls 55% in 2024

Funding in India's space sector, a key part of the country's ambitions to become a global superpower, plummeted by 55% in 2024 to $59.1 million from $130.2 million the previous year, according to data from market intelligence platform Tracxn.

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1 min  |
January 07, 2025
Mint Kolkata

Warburg Pincus Names Two MDs to Expand India Team

Private equity firm Warburg Pincus, which was one of the most active PE investors in India in 2024, has expanded its leadership team in the country by appointing two new managing directors.

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1 min  |
January 07, 2025
Mint Kolkata

D2C brands seek alternative financiers as Q-comm surges

Alternative financing models offer quick access to capital without diluting equity

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2 mins  |
January 07, 2025
Mint Kolkata

Airtel, VI Sell Holdings in Wi-Fi JV Firefly

Telecom operators Bharti Airtel and Vodafone Idea have sold their entire stake in Wi-Fi infrastructure company Firefly Networks to iBus Network and Infrastructure for ₹9 crore, the telcos said in separate regulatory filings on Monday.

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1 min  |
January 07, 2025
Mint Kolkata

India eyes $107-bn pvt capital to widen grid

India is asking states to attract more private capital to accelerate the expansion of its power transmission network, part of a plan to revamp the country's grid and accommodate more clean power.

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1 min  |
January 07, 2025
Mint Kolkata

House panel to review CDSCO's performance in curbing spurious drugs

The government has also made it mandatory for 300 lifesaving drugs to have quick response codes

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1 min  |
January 07, 2025
Mint Kolkata

Finally, US nuclear ties with Indian cos

India and the US have been discussing the supply of US nuclear reactors to India since the mid-2000s

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1 min  |
January 07, 2025
Mint Kolkata

Services sector growth at 4-month high

Manufacturing growth slowed to a 12-month low in December amid a softer increase in factory orders and production

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2 mins  |
January 07, 2025
Mint Kolkata

Green MSME Policy for Tech, Financial Aid Likely in Budget

A body would be created under the MSME ministry to oversee implementation of the policy

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2 mins  |
January 07, 2025
Mint Kolkata

The Perks of Reflection and Daily Me-Time

Introspection helps one think more clearly, says Spinny CEO Niraj Singh

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2 mins  |
January 06, 2025
Mint Kolkata

Hiring Is Just The First Step Towards Inclusion

Persons with disabilities and those from marginalized groups need mentors and a supportive environment to grow in their careers

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4 mins  |
January 06, 2025
Mint Kolkata

It's Your Touch That Will Push an AI Co-worker to Do Better

AI agents help break down silos and improve decision-making and collaboration, but it's people who can leverage their benefits

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3 mins  |
January 06, 2025
Mint Kolkata

The Digital Data Protection rules have hits and misses

Some provisions can set a global example for age-gating but others would overburden data fiduciaries

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4 mins  |
January 06, 2025
Mint Kolkata

Budget: It must aim to engineer India's economic transformation

The target of Viksit Bharat by 2047 requires the budget to balance immediate challenges with long-term development goals

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3 mins  |
January 06, 2025
Mint Kolkata

The 'Asian Aunty' is smashing ageist and gender stereotypes

'Aunty' leaders are tackling a widely normalized form of 'othering'

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3 mins  |
January 06, 2025
Mint Kolkata

Public debt: Do not let it eclipse the fiscal deficit

The Centre's plan to adopt debt as its new focus for budget prudence after 2025-26 does hold merit but we must not lose track of the fiscal gap. It'll remain a valuable economic indicator

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3 mins  |
January 06, 2025
Mint Kolkata

Get public-private partnerships right for target-oriented growth

The UK's new government should engage the private sector with deals that achieve public objectives

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3 mins  |
January 06, 2025
Mint Kolkata

Longevity Is Usually A Reward For Being Unspectacular

Careers That Endure Are Typically Not Spectacular. This Is So In Politics As Well As Other Fields

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4 mins  |
January 06, 2025