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02.03 / 02:09
markets shooting Updates Iran is shooting at some of the world’s busiest airports
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
02.03 / 00:31
markets Strategy Omnicom Cycling reports Updates cricket As cricket attempts to go global, Omnicom FUSE bets on cricket-music blend
₹7,421 crore in 2024, per latest available data from media investment agency WPP Media, while media spends rise 7% to ₹7,989 crore the same year.“ICC’s new sponsorship cycle that began in 2024 had a leaner look with fewer number of brand partners,” the WPP report said. “This strategy, driven by the 'Less is More' approach, aims to limit sponsor slots, allowing each brand a larger Share of Voice (SOV) within the roster.
02.03 / 00:25
UPS Provident FIVE CEO Software Daimler reports Cognizant’s Ravi Kumar snaps up a deal he once won for Infosys
A multi-year deal of more than $300 million from Daimler Trucks that Cognizant Technology Solutions Corp. snatched from Infosys Ltd last week has one common thread: Ravi Kumar.Kumar, Cognizant’s current chief executive, was also instrumental in securing the Infosys contract during his stint at India’s second-largest software services provider in 2020, according to a person familiar with the matter.
02.03 / 00:25
Manufacturing Align cover reports testing Updates International Govt amends BIS rules to quicken product certification, tighten compliance norms
manufacturing expansion.The government has amended the BIS (Conformity Assessment) Regulations, 2018, restructuring the framework for Scheme-II and Scheme-VII by formalizing a Self-Declaration of Conformity (SDOC) model for eligible notified products.“Under this system, manufacturers can obtain a licence to use the Standard Mark through registration based on self-declaration, backed by accredited lab reports,” said one of the two officials cited above, both of whom spoke on the condition of anonymity.Scheme-II refers to the registration-based certification framework under BIS, largely covering notified electronics and IT (information technology) products where conformity is established through third-party testing and documentation, rather than mandatory pre-licence factory inspection.Under the revised Scheme-II, the application fee and annual licence fee are fixed at ₹1,000 each, with a resource fee of ₹25,000 per application payable in advance. Applications involving multiple test reports will attract an additional ₹20,000 for each extra report, with the fee structure now formally codified under the Self-Declaration of Conformity framework.Queries sent on Friday to BIS and the ministries of consumer affairs and commerce remained unanswered till press time.However, easier access to BIS certification—needed to use the Standard Mark on notified products—is paired with stricter ongoing compliance.
02.03 / 00:25
markets COST Trade War reports All eyes on oil: India braces for crude blow from Iran strike, scouts for options
petroleum ministry is taking continuous stock of the energy supply scenario along with the refiners. They are looking at ways to ensure that supplies are not interrupted.
02.03 / 00:25
markets UPS Provident Manufacturing Trade Updates India-EU FTA draft clarifies textile origin rules, boosts export prospects
free trade pact, opening up markets to each other in an uncertain global trade landscape. From India’s perspective, the agreement delivers unprecedented market access, with over 99% of Indian exports by trade value set to receive preferential or duty-free entry into the EU market.The rules provide some flexibility while still requiring clear value addition in India.
02.03 / 00:25
Digital Platform security Healthcare hospital patient Payments to patients: India tries to replicate BHIM UPI success in healthcare
Mint.Developed by the Centre for Development of Advanced Computing (CDAC), the SaaS-based digital platform—eSushrut@Clinic—is a "Lite" alternative to the often bulky and expensive hospital information management systems (HIMS) currently in the market, and is aimed at bridging digital divide in Indian healthcare, the two officials cited earlier said on the condition of anonymity.With comparisons being drawn to BHIM (Bharat Interface for Money) UPI (Unified Payments Interface), one of the most useful features is the built-in “Smart Assistant”. Its Clinical Decision Support System (CDSS) helps doctors manage chronic conditions by offering clear, evidence-based treatment guidance.“The platform allows doctors to digitize records and streamline consultations, improving care continuity without replacing human expertise,” said the first of the two officials cited earlier.The new e-platform serves as a government-backed, reliable entry point for small-scale doctors to join the national digital health ecosystem, much like what the BHIM app did for digital payments.
02.03 / 00:25
markets economy War Updates Middle East war unlikely to dent India’s remittance inflows significantly
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01.03 / 23:33
markets UPS security Sustainability Enterprise Updates Sunil Mittal unveils succession plan as Airtel raises Arpu ambition to ₹350
Bharti Enterprises founder and chairman Sunil Bharti Mittal has said that members of the next generation of the Bharti family will become more visible ‘at the shareholders’ table’ in the coming years, signalling a gradual succession plan within the group.Mittal said the younger family members would be mentored by him, executive vice-chairman Gopal Vittal, and the senior leadership team as they gradually assume larger roles. The comments offer the clearest indication yet of how succession planning is evolving at the Bharti Group, signalling continuity while retaining professional management oversight at one of India’s largest telecom and diversified business conglomerates.Speaking about succession planning as he approaches 70, Mittal said in a recent investor call with analysts that he still has ‘some years left’ to contribute to Bharti Airtel and Bharti Enterprises.“The next generation of my family—a larger family—is all building muscle in different forms and shapes.
01.03 / 15:11
COST Aviat Airlines security International Destinations ₹500 crore hit: The US-Iran war grounds Indian airline profits.
₹500 crore for carriers.In a tweet on Saturday, the Directorate General of Civil Aviation said Indian airlines cancelled around 410 flights on 28 February and 440 on 1 March due to security concerns in parts of the Middle East airspace, impacting Gulf and long-haul routes beyond the region, including services to London Heathrow and Canada.West Asia accounts for 15-20% of IndiGo’s daily revenue, according to at least one sell-side analyst. “Flight cancellations due to the West Asia crisis will have an impact on airline revenues.
01.03 / 15:11
markets Death War Updates peace Indian market mavens make contra call on Iran war impact
assassination of Iran's supreme leader Ayatollah Ali Khamenei, which has raised hopes of a speedy end to the conflict, regime change in Teheran, peace in the region and the stability that markets crave. Iran's state media confirmed that Khamenei died on the first day of military assault by the US and Israel."Markets could actually rally on hopes of stability in the region in the days ahead after the confirmed death of the supreme leader," said Nirmal Jain, founder of IIFL Group.
01.03 / 13:25
markets Target Booking Platform MakeMyTrip hospital travelers The 6% yield secret: Why some platforms are betting big on leisure corridors
₹5.2 crore purchase of a three-bedroom pool holiday villa after a short meeting with the founders of luxury real estate company Isprava.“The idea was clear from the beginning,” said Narayan, 54, who returned to India in 2019 after spending around two decades abroad. “I wanted to stay there when I had time, but the rest of the year I wanted it let out.”Narayan took possession in March 2023 and listed shortly thereafter on Lohono Stays, Isprava’s hospitality arm.
01.03 / 13:25
markets Research War Battlefield innovations Updates AI for warfare: West Asia’s flare-up should focus attention on red lines for autonomous weapons
A rift between the AI firm Anthropic and the US federal government has broken into the open at a fraught geopolitical moment. Negotiations between the AI firm and the Pentagon over deployment of frontier models by the US military stalled after Anthropic refused to permit the use of its models for two specific use cases: domestic surveillance and lethal autonomous weapons. Open AI has struck a deal with the Pentagon in the meantime, even as the use of AI in the battlefield accelerates with deployments by Israel and the US in the ongoing war in West Asia.
01.03 / 13:25
Target Sustainability Food country innovations Updates International Global agricultural subsidies directly linked to deforestation, World Bank warns
₹1.71 trillion as fertilizer subsidy for FY27. The support goes to plant nutrients such as urea, phosphorous and potash, with the subsidy system designed to partially absorb price spikes faced by farmers arising from international commodity shocks.At the same time, policymakers have begun encouraging alternatives.
01.03 / 13:25
markets Updates Wall Street has fended off scoundrels since its early days
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01.03 / 11:35
security Remark President War Freedom Mint Explainer | Ali Khamenei is killed in US-Israel strikes. What's next for Iran?
Mint examines how events in Iran will unfold and their implications for India and the rest of the world.Late on Saturday, the US and Israeli forces launched ‘Operation Epic Fury’—a massive military operation that not only killed Iran's supreme leader Khamenei but also 40 senior officials, disrupting the Islamic Republic’s command and control. The strikes happened across 24 of Iran’s 31 provinces. Iran retaliated by firing missiles and drones into Israel and other Arab states in the region.
01.03 / 11:11
Cooper students War track country Indian firms in crisis mode as Gulf conflict escalates
Indian companies with operations in West Asia spent the weekend tracking their employees and gauging the impact on their businesses as the US-Israel strikes on Iran escalated the conflict, freezing movement from outside and within the region.“We are in touch with the client firms. The workers are safe.
01.03 / 10:37
markets security Sustainability President War peace Ukraine-Russia War: A peace formula will need to balance Russia’s great-power prestige with Ukraine’s sovereignty
On 24 February 2022, Russian forces crossed into Ukraine with the objective of demilitarizing the country and deterring Kyiv from joining the North Atlantic Treaty Organization. Russian strategic planners expected a Ukrainian collapse within a fortnight. Four years on, Moscow has yet to achieve its core wartime objectives of gaining complete control over the regions of Donetsk, Luhansk, Kherson and Zaporizhzhia.
01.03 / 10:37
markets Updates Relationships The financial implications of having a relationship with the boss
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
01.03 / 10:07
markets Citi Digital Sustainability film International Bollywood acts as discovery gateway for international music artists in India
Dhurandhar, industry experts say Bollywood has, in several cases, acted as a cultural accelerator for international acts in India.The phenomenon is not new.Akon’s association with Ra.One is often cited as a strong example—while he already had global recognition, the film placement pushed him into deeper mainstream recall across India. Similarly, Kylie Minogue (Blue) and Snoop Dogg (Singh Is Kinng) saw their familiarity widen through Bollywood integrations.The unparalleled reach of Hindi cinema—across theatres, television and streaming—creates a fast track for international artists to penetrate the Indian market.
01.03 / 10:07
COST UPS Citi Provident security Food politician New York under Mamdani is going welfarist in a big way but is the mayor playing with fiscal fire?
France is great. I visit a few times a year, and the food is fantastic, the museums are amazing and day care is free (or heavily subsidized) for toddlers aged 3 months or more. New York City, where I live, is also great, with pretty good food and architecture.

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