CATEGORIES

Mint Kolkata

A-One Steels files DRHP with Sebi

Integrated steel manufacturer A-One Steels India has filed preliminary papers with capital markets regulator Securities and Exchange Board of India (Sebi) to raise ₹650 crore through an initial public offering (IPO).

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1 min  |
January 02, 2025
Mint Kolkata

House prices may see modest growth

India's primary housing market may register a modest single-digit price rise in 2025 after appreciating by an average 21% last year as developers are expected to boost new supply to match demand, according to experts.

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1 min  |
January 02, 2025
Mint Kolkata

Centre, states collect gross GST revenue of ₹1.76 tn in Dec

This was the lowest collection in 3 months but showed a rise of 7.3% from last year

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1 min  |
January 02, 2025
Mint Kolkata

'Qcomm will rival ecomm in 2025'

The quick commerce industry will reach a stage in 2025 where it will be comparable to traditional e-commerce giants like Amazon and Flipkart, Zepto co-founder and chief executive officer Aadit Palicha has asserted.

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1 min  |
January 02, 2025
Mint Kolkata

SEC Writes Off $10 Billion in Fines It Can't Collect

Paul Bilzerian has been on the run from the Securities and Exchange Commission for so long that he now owes the agency $180 million with interest—almost three times what a court initially ordered him to pay.

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4 mins  |
January 02, 2025
Mint Kolkata

The Five Biggest Roadblocks to Trump's Immigration Agenda

Donald Trump will confront funding, legal challenges to turn campaign rhetoric into policy

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5 mins  |
January 02, 2025
Mint Kolkata

Cease-fire deal between Hamas and Israel likely to elude Biden

Cease-fire talks between Palestinian militant group Hamas and the Israeli government have hit an impasse in recent days, Arab mediators said, making any deal unlikely before the end of the Biden administration.

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3 mins  |
January 02, 2025
Mint Kolkata

Sikhya eyes films for theatres, web originals

Sikhya, set up in 2008 and known for acclaimed films, has also started work on the next season of Gutar Gu

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1 min  |
January 02, 2025
Mint Kolkata

Carmakers Ride to Record Domestic Sales

SUV growth, rural demand played a key role in driving up car sales

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2 mins  |
January 02, 2025
Mint Kolkata

Pushpa 2 and question of star liability

Even as Pushpa 2: The Rule cements its position as one of the biggest hits of all time in India, lead actor Allu Arjun has been embroiled in a massive controversy over a stampede during the screening of the Telugu film at Sandhya Theatre in Hyderabad where he was present, that led to the death of a woman and left her minor son critically injured.

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2 mins  |
January 02, 2025
Mint Kolkata

Drug firms amp up hiring for top roles as growth beckons

West's diversification out of China, upcoming change of law in US set stage for growth

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2 mins  |
January 02, 2025
Mint Kolkata

Small-film producers split streaming rights to maximize revenue

Platforms are also striking deals based on how many new subscriptions they hope to build from a title

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2 mins  |
January 02, 2025
Mint Kolkata

MFIN defers capping lenders

Microfinance Industry Network has reduced the number of lenders per borrower to 3, now effective 1 April

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2 mins  |
January 02, 2025
Mint Kolkata

Telcos' Q2 revenue rises to ₹91,426 cr on tariff hike boost

The adjusted gross revenue, on which levies are fixed by the govt, rose 13.11% to ₹75,310 crore, from ₹66,583 crore a year ago.

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1 min  |
January 02, 2025
Mint Kolkata

Will Ola Electric Mobility's motorcycle bet pay off?

Ola Electric Mobility Ltd's stock has fallen by nearly 10% after it said on 25 December that it would expand its network to 4,000 outlets from 800 to improve customer service.

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2 mins  |
January 02, 2025
Mint Kolkata

Rupee new worry for paint cos

The paint industry, long an oligopolistic stronghold with high entry barriers, is undergoing a shift.

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2 mins  |
January 02, 2025
Mint Kolkata

Should you avoid metal stocks in 2025?

While sectors like financials and information technology (IT) are stealing the spotlight with bullish predictions, metals seem to be the market's underdog.

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2 mins  |
January 02, 2025
Mint Kolkata

Alibaba to Sell Sun Art Retail to DCP Cap for $1.6 Billion

Alibaba Group Holding Ltd agreed to sell its shares in Sun Art Retail Group Ltd to private equity firm DCP Capital, unloading another high-profile physical commerce asset to focus on its core online business.

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1 min  |
January 02, 2025
Mint Kolkata

Kati Patang to buy, incubate small alcohol biz to expand

Kati Patang has raised ₹25 cr year-to-date and additional ₹10 cr from existing investors from a share-swap deal

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3 mins  |
January 02, 2025
Mint Kolkata

Mswipe Eyes International Market for Higher Margins

The payments fintech will enter Malaysia, Nepal, the UK and other markets to boost its biz

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3 mins  |
January 02, 2025
Mint Kolkata

Commercial LPG, ATF prices lowered

ATF prices were cut on Wednesday after they were increased for two consecutive months

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1 min  |
January 02, 2025
Mint Kolkata

Judicial efficiency: Case clearance outstrips backlog for the first time

In a first across Indian courts, the number of cases disposed of in a year is higher than the number of cases pending, according to data from the National Judicial Data Grid (NJDG).

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2 mins  |
January 02, 2025
Mint Kolkata

Meteorological dept says 2024 was India's hottest yr since 1901

The year 2024 was the warmest on record in India since 1901, with the average minimum temperature settling 0.90 degrees Celsius above the long-period average, the IMD said on Wednesday.

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1 min  |
January 02, 2025
Mint Kolkata

Govt Clears ₹69,515 Cr Crop Insurance Outlay

The cabinet promised to keep prices of DAP stable at ₹1,350 per 50kg bag

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2 mins  |
January 02, 2025
Mint Kolkata

India's petroleum exports dip in Nov

During the April-to-November period, petroleum product exports amounted to $44.61 billion

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2 mins  |
January 02, 2025
Mint Kolkata

Intel's grim lesson for Boeing: Sometimes Mr. Fix-It is too late

One day, fickle investors are applauding business-school alumni for paying big dividends and slashing costs. The next, they're demanding that engineers take over to make up for lost innovation.

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3 mins  |
January 01, 2025
Mint Kolkata

Beijing Pushes to Use China-Made Chips in Its Electric Vehicles

Not long ago, almost all the chips in Chinese cars relied on manufacturing by foreign firms

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4 mins  |
January 01, 2025
Mint Kolkata

Will the Guardrails of US Democracy Hold?

America's democratic institutions withstood, if only barely, Donald Trump's first presidency, but will they do so again?

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4 mins  |
January 01, 2025
Mint Kolkata

RIL's acquisitions: $13 bn spent in 5 yrs

Billionaire Mukesh Ambani's Reliance Industries Ltd (RIL) has spent $13 billion on acquisitions in the past five years across new energy, telecom, retail and media business to script a pivot away from core oil and petrochemicals business to clean energy and consumer-facing verticals.

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1 min  |
January 01, 2025
Mint Kolkata

Sebi introduces MF Lite framework

Index and exchange-traded funds (ETFs) to schemes sponsored by private equity funds will be eligible to be covered under the MF Lite framework on meeting certain conditions as the market regulator aims to simplify the operations of passively managed mutual funds.

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1 min  |
January 01, 2025