Mint New Delhi - May 29, 2025
Mint New Delhi - May 29, 2025
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May 29, 2025
Centre brings back stock limits on wheat
The Centre has reimposed stock limits on wheat until 31 March 2026 to prevent hoarding and stabilize prices amid concerns over tightening supplies.
1 min
Indian push for 'Buddha rice' exports to Thailand, Vietnam, Singapore
The Uttar Pradesh government, in consultation with the commerce ministry, plans to promote the export of Kalanamak rice—also known as 'Buddha rice'—to countries with majority or large Buddhist populations.
2 mins
IIP growth slips to 2.7% in Apr
Mining output contracted and power generation grew at a slower pace over a high base
1 min
BEML to Make Light Infantry Vehicles for Combat, Patrol
The public sector company also expects to roll out indigenously made 'bullet' train by 2026
2 mins
New IBBI Rules Ease Compliance for Corporate Bankruptcy Cases
The Insolvency and Bankruptcy Board of India (IBBI) has revamped the reporting and monitoring of corporate bankruptcy proceedings to cut red tape, enable automatic filling of electronic forms, and ease compliance burden, showed an official order.
1 min
Myntra gets ₹1,062 cr boost from parent firm
Online commerce platform Myntra, part of the Walmart-backed Flipkart Group, has raised ₹1,062.50 crore from parent FK Myntra Holdings Pvt Ltd (Singapore), data accessed by business intelligence platform Tofler showed.
1 min
India's First AI SEZ to Come Up in Chhattisgarh for ₹1,000 cr
The SEZ will house a 1.5 lakh sq. ft facility with high-density data centres for AI research and digital operations
2 mins
Practo enters UAE, backs India
As it enters the United Arab Emirates (UAE), digital health platform Practo has revised its playbook for international expansion by correcting some key mistakes it made earlier, its co-founder and chief executive Shashank N.D. said.
1 min
Not ads, user spend fuels Rooter's 120% FY25 revenue leap
Rooter, a game streaming startup that began life as a sports fan engagement platform in 2016, is rewriting its playbook yet again.
1 min
GenAI Not Just Another Tech Cycle: TCS's Chandrasekaran
IT major calls GenAI civilisational shift, to build large pool of AI agents to work with humans
2 mins
Dry fruit brand Bolas in talks to raise ₹900 crore from PEs
Dry fruit brand Bolas is in early discussions with private equity investors including Westbridge Capital to raise ₹800-900 crore in its first institutional funding round, two people in the know told Mint.
1 min
BAT Sells $1.5 Billion Stake in ITC as It Seeks to Pare Debt
BAT said the sale would provide greater financial flexibility as it pursues its deleveraging and transformation
2 mins
NTPC's profit jump is clouded by project execution delays
TPC Ltd's investors remain unimpressed with the 22% jump in its consolidated net profit to ₹7,900 crore for the March quarter because the company missed its capacity addition target of 6 GW in FY25 due to land transfer and supply issues.
1 min
Lokpal rejects all complaints against ex-Sebi chief Buch
Lokpal, the anti-corruption watchdog, has given a clean chit to former Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch and her husband, Dhaval Buch, in complaints that accused her of misconduct, impropriety and conflict of interest.
1 min
NCLT allows govt to attach Gensol's accounts, lockers
The tribunal took note of serious allegations of fraudulent conduct, diversion of company funds
2 mins
Hold gold via multi-asset funds: Experts
Lower and stable gold prices encourage purchase of big-ticket items, especially bridal jewellery
2 mins
Nissan's global job cuts to spare India as it lines up cars
Nissan Motor Corp.'s 15% global layoffs to shore up its fortunes after a failed merger with Japanese peer Honda Motor Corp. will not impact its business in India, where the carmaker aims to scale up sales by more than fourfold over the next two years.
1 min
Old hits and IPL screenings create buzz, but not cash for cinemas
As the Bollywood pipeline ran dry, cinemas had turned to re-releases of older hits and screenings of live events like cricket matches to draw footfall. However, their contribution to overall revenues of movie theatres remained marginal.
2 mins
Uber, Rapido Eye Goa Entry as Drafts Rules Signal Green
Draft Guidelines Lay Out a Formal Regulatory Framework for App-Based Taxi and Bike Taxi Operators
2 mins
Malabar Gold weighs entry into lab-grown diamond segment
Malabar Gold & Diamonds is exploring entry into the lab-grown diamond market with a distinct branding strategy, joining a small but growing list of large jewellery retailers eyeing the nascent segment.
1 min
Can you trust your favourite brands' ads?
L'Oréal India and Apple India saw 24 of 26 and 16 of 19 ads requiring modification, respectively
2 mins
Tough questions await Ola Electric earnings
In May 2024, Bhavish Aggarwal-led Ola Electric Mobility dominated India's electric two-wheeler market and was 3 months from a public listing at a valuation of $4 billion.
1 min
Tata Sons dividend from TCS falls, the first time since IPO
Tata Sons received ₹32,718.6 crore as dividend income from TCS, down ₹1,333 cr from FY24
3 mins
Induslaw partners global law firm CMS
The joint entity will have over 6,800 lawyers in 45 countries, including 1,400 partners in the global firm
2 mins
US Visa Curbs Trigger Student Loan Worries
Banks fear drop in loans as Trump sharpens scrutiny of foreign students
2 mins
Starship explodes again in test flight
SpaceX's colossal Starship rocket suffered a leak, tumbled out of control in space and exploded during a test flight on Tuesday, in a third straight major setback for the Elon Musk-led company.
1 min
North Korea infiltrates U.S. remote jobs —with the help of everyday Americans
The scam also creates problems for unsuspecting Americans whose personal information gets stolen to get jobs
8 mins
Hero FinCorp Gets Sebi's Nod for IPO
Hero FinCorp, the financial services division of two-wheeler manufacturer Hero MotoCorp, has received Sebi's go-ahead to float a ₹3,668 crore Initial Public Offering (IPO), an update with the markets regulator showed on Wednesday.
1 min
ICCA Board gets 1st Indian chairman
For the first time in the 64 years since its inception, an Indian has been elected as the chairman of the International Corrugated Case Association (ICCA) Board of Directors, said M L Agarwal, who assumed the prestigious global role at the recently concluded ICCA Global Summit in Osaka, Japan.
1 min
PepsiCo India 2024 profit at ₹883 crore
Food and beverage major PepsiCo India reported revenue of ₹8,877 crore and profit after tax of ₹883.4 crore for the 12 months to 31 December 2024.
1 min
Samsung India seeks to quash fine
Even Samsung India executives have asked a court to revoke penalties of $81 million included in New Delhi's $601-million tax demand from the company for allegedly misclassifying some imports, arguing \"no grave offence\" had been committed, according to legal papers and a source.
1 min
Adani Ports Plans Local Debt Market Return
The company is set to raise $583.57 million through sale of bonds, inviting bids from bankers and investors
1 min
UN says strong chance average warming will top 1.5C in 4 years
The United Nations warned on Wednesday that there is a 70% chance that average warming from 2025 to 2029 would exceed the 1.5 degrees Celsius international benchmark.
1 min
Data centre sector may attract $25 bn
India's data centre industry has seen investments of nearly $15 billion since 2020 and is likely to attract $20-25 billion in funding over the next six years, on rising demand, according to Colliers.
1 min
Vikram Singh Mehta is IndiGo chairman
IndiGo, the country's largest airline, on Wednesday announced the appointment of Vikram Singh Mehta as the new Chairman, succeeding Venkataramani Sumantran.
1 min
Nippon India MF bets big on retail
Nippon India Mutual Fund (MF) is betting big on deeper retail penetration and expansion in smaller towns to double its investor base to 5 crore over the next 7-8 years, a top official said on Wednesday.
1 min
Granules India's Q4 profit drops
Granules India reported a drop in fourth-quarter adjusted profit on Wednesday, hurt by weak pricing and stiff competition in its key European and North American markets.
1 min
Farmers to Soon Get Weather Updates on Feature Phones
Key focus is to make the system accessible on both smartphones and feature phones
1 min
LEGAL MINEFIELD: LEASEHOLD, TENANCY RIGHTS AND THE CAPITAL GAINS TAX TRAP
You must value tenancy rights and leasehold at stamp duty rate for accurate tax calculations
3 mins
Device leasing: tax-efficient perks under new tax regime
Lease payments are deducted from pre-tax salary, boosting tax savings, more so for those in higher tax bracket
3 mins
Trial by Trump: Has Ramaphosa emerged stronger?
The South African leader can count on significant gains from his calm response to Trump's ambush
3 mins
Implement educational reforms in honour of K. Kasturirangan
Let's democratize Indian education in tribute to the vision of an educationist we're all indebted to
3 mins
US-India talks: Food and fuel could turn into a volatile mix
Should New Delhi shield biofuels and concede space on GM crops?
3 mins
It's time for a hard reset to boost the productivity of Indian banks
We need policy shifts to foster digitization and competition among lenders for this sector to be productive, innovative and fit
3 mins
Train employees to fortify systems against cyberattacks
Since human vulnerabilities are now being exploited, the best defense lies in employee behavior
3 mins
'King Lear' in Iran draws in young audiences
An Iranian director is breathing new life into Shakespeare's 'King Lear' in Tehran
2 mins
How Raj Khosla almost rejected a classic tune
The piece de resistance, the film's crowning glory, happens to be an exquisite piece of music that has made whole generations swoon.
3 mins
The tale of an Irish whiskey that paints the town red
Curraghmore produces some of the world's highest-quality malted barley that makes Irish whiskey unique
4 mins
Mint New Delhi Newspaper Description:
Utgiver: HT Digital Streams Ltd.
Kategori: Newspaper
Språk: English
Frekvens: Daily
Mint New Delhi is your trusted source for business and finance related latest updates. Mint New Delhi brings you the latest business news, market insights, and economic trends straight from India’s capital. Stay updated with expert analysis on stock markets, corporate developments, RBI policies, fintech innovations, and government decisions shaping the economy. With in-depth reports and exclusive interviews, this newspaper is a must-read for professionals, investors, and business enthusiasts.
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