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24.03 / 08:05
markets security War Updates International West Asia war stalls Titan’s $4 bn Gulf market bet, delays Damas expansion
Kalyan Jewellers, Joyalukkas and Jos Alukkas, are not buying fresh inventory and are feeling the heat of the crisis, according to the same people.Titan and Kalyan Jewellers declined to comment to Mint's queries. Queries mailed to Joyalukkas and Jos Alukkas did not elicit a response until press time.This setback amid the escalating war between the US-Israel and Iran comes at a crucial juncture, as Titan's Gulf business is in a turnaround phase.In the company's post-acquisition call, chief financial officer Ashok Sonthalia had said 2025 would be a “restructuring year”, with the business expected to remain earnings-dilutive until 2027, and turn positive only from 2028, making any delay more consequential.According to Titan's December earnings call, it has completed acquisition of a 67% stake in Dubai-based Damas Jewellery, marking the closure of the $283 million deal and indicating that all required regulatory approvals have been secured.
24.03 / 08:05
markets Target security Sustainability wellness War Updates ONGC needs more than higher crude oil prices
crude prices. That is primarily why ONGC shares have not rallied like their global peers since February-end when the ongoing West Asia conflict began.Of course, some don’t expect any new windfall tax. For instance, CLSA has raised ONGC stock’s target price to ₹415 apiece, almost 60% higher than current levels.
24.03 / 07:31
UPS Aviat show reports testing Updates Laser strikes near airports test India’s aviation safety net
(DGCA), and the matter was later raised in Parliament.Laser strikes near Indian airports have jumped sharply, rising from 122 cases in 2023 to over 500 in 2025, data tabled in Parliament show. The incidents pose a direct safety risk to pilots and highlight weak enforcement of rules that strictly prohibit such activity that endangers life or safety.As per data, 502 laser-related disruptions were reported across 22 airports in 2025, slightly lower than the 528 incidents recorded in 2024.
24.03 / 04:15
markets Aware Updates Interviews Investigations International HDFC Bank appoints Wadia Ghandy & Co, Trilegal to parse through board meeting minutes to trace Chakraborty's concerns
Mumbai: India’s largest private sector lender HDFC Bank has appointed at least two law firms Wadia Ghandy & Co, and Trilegal to conduct a review of the circumstances leading to former chairman Atanu Chakraborty’s sudden exit last week, said two people aware of the matter.These law firms have been tasked with aiding the bank’s internal legal counsels to sift through pages of minutes of past board meetings to see if Chakraborty had made any serious observations, according to one of the two people cited above. The bank’s board and the management maintained they had no inkling of Chakraborty’s exit and he did not specify what he was referring to as part of his ethical concerns despite being repeatedly asked.Earlier on Tuesday morning, the bank said its board approved the appointment of external law firms to conduct a review of Chakraborty’s resignation letter.
24.03 / 03:39
markets Digital security Software economy Research country Ghost GDP or unexpected jobs: Making sense of what lies in the AI-led future
IT-led growth and global outsourcing.How far have AI’s capabilities advanced to significantly affect employability across professions?A recent study by Anthropic, based on real-world usage of its Claude model, maps the share of tasks within occupations that large-language models (LLMs) can currently perform. Exposure is highest in digital and information-processing roles.
24.03 / 02:19
markets COST Sustainability War information Updates India’s LPG crunch won’t ease anytime soon: We need a full-spectrum policy response
Liquefied petroleum gas (LPG) is one of the products facing a global supply crunch today, thanks to the Iran war. The result is more than a cooking gas shortage in India. In order to prioritize the availability of cooking gas for homes, the government reduced supplies to commercial establishments.
24.03 / 02:19
markets Updates The back-channel diplomacy behind Trump’s U-Turn on Iran
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
24.03 / 02:19
markets Fighting Updates Gulf states edge toward joining fight against Iran
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
24.03 / 02:19
markets War Updates Europe is quietly playing a crucial role in the Iran war
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
24.03 / 02:19
markets FIVE President War Updates Mint Quick Edit | Relief for markets as Trump extends his Hormuz opening deadline: Will it last?
A silver lining seems to have appeared around the clouds of war over West Asia. Donald Trump put off by five days the US threat of bombing Iran’s energy infrastructure just hours before his 48-hour deadline was to expire for Iranian forces to open the Strait of Hormuz.The US President cited “very good and productive conversations regarding a complete and total resolution of hostilities in the Middle East” between the US and Iran over the past two days as the reason for his decision.
24.03 / 02:19
markets NVIDIA Updates How Nvidia keeps its iron grip on the AI boom
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
23.03 / 17:07
Target Digital Platform Trade track electronic Features Govt plans digital tracking of companies' waste, credit trades
plastic waste, here the responsibility shifts partly to companies that bring plastic.The registration module was launched in February, and the platform is expected to become fully operational within the next four months.The initiative comes amid growing concerns over the management of plastic waste, electronic waste, and used batteries, wherein enforcement gaps and fragmented systems have posed challenges to effective implementation."The existing system was not effective in managing the full EPR lifecycle or tracking compliance digitally, as it is more manually. The new portal will enable end-to-end management of obligations, including registration, target setting, monitoring and reporting,” one of the officials said.The portal will require all obligated entities as well as intermediaries such as recyclers and processors to register digitally.An email query sent to the Ministry of Environment, Forest and Climate Change and Central Pollution Control Board remains unanswered."The portal will initially cover five to six waste streams, where EPR compliance is mandatory, including plastic waste, e-waste, battery waste, used oil, and waste tyres.
23.03 / 15:41
UPS Citi CEO War country reports Updates As the West Asian crisis prolongs, how is India placed on the natural gas front?
New Delhi: India imports around 50% of its liquefied natural gas (LNG) requirements from West Asia, and most of it is sourced from Qatar. With the ongoing blockade of the Strait of Hormuz and attacks on Ras Laffan industrial City, a large chunk of India's imports are halted. This supply crunch may impact several downstream industries in India including fertilizers and steel.
23.03 / 13:09
COST UPS War country reports Gas, war and the urea gap: Why its time for bold fertilizer reforms
fertilizer. For plants, nitrogen is a vital nutrient for growth—without it they cannot convert sunlight into energy. If all crops knew how to synthesize nitrogen from the air (which is available freely), there would be no need for urea.
23.03 / 12:41
markets Updates Investors are fleeing private credit. What the funds should do now.
Industry News, Banking News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
23.03 / 12:41
markets Updates What young workers are doing to AI-proof themselves
Write to Rachel Wolfe at [email protected] and Te-Ping Chen at [email protected] all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.
23.03 / 10:47
markets UPS ICE Research Updates Headlines Auto component makers bet on lightweight parts to ease EV range anxiety
ICE vehicles due to the higher weight of lithium-ion battery packs. “If the battery is heavier than the engine, then what the OEMs (original equipment manufacturers) expect is for the chassis and other large BIW (Body in White) components to drive the lightweighting,” Swastid Badve, general manager at Belrise Industries, told Mint in an interview.“And that's why we want to, kind of, focus on high tensile technology to drive lightweighting in all of the other components that we make like a chassis, BIW part and so on and so forth,” he added.BIW parts refer to those components that make up the structure of a vehicle including body side, floor, and roof panels, among others.To drive lightweighting, the company is investing in high tensile technology, which reduces the thickness of steel used to make components.
23.03 / 10:33
markets Target Waters Analysis Updates The Hormuz choke should push Indian kitchens to switch from LPG to electric cooking
Growing up in Kerala, it was a weekly ritual to spark the firewood and get ready for an oil bath. The weather was warm enough during the week to use the plentiful water from a running tap or well. The firewood had to be kept dry and was allocated pride of place in the outhouse to be brought out in small batches for weekly baths or cooking.
23.03 / 10:33
markets pandemic War country shock Updates FPI equity assets hit harder by US-Iran war than covid-19 pandemic
FPIs have remained underweight in India for a second straight year, with their ownership in National Stock Exchange-listed companies falling to a 15.5-year low of 16.7% in the December 2025 quarter, from 17.4% a year ago, NSE data showed."De-escalation aside, certain data points pertaining to the conflict seem to have become more severe, resulting in FPIs moving out of risky emerging market (EM) assets to the safety of the dollar," said Swarup Mohanty, chief executive of asset management company Mirae Asset Investment Managers (India).Mohanty said the latest attrition has come on top of the tech and AI impact on India, which had been “playing on the FPIs' mind”. Jyoti Jaipuria, founder of portfolio management services firm Valentis Advisors, attributed the plunge in FPI equity assets to a reduction in earnings visibility due to the country's "particular susceptibility" to oil price shocks, and to slowing flows to EMs specifically and to equities in general, consequent to the conflict.Since the start of the war and the near-closure of the Strait of Hormuz, Brent crude futures have surged 56% to $112.19 a barrel as of Friday, dragging the rupee down 3% to 93.71 against the US dollar on concerns over the impact of high crude prices on India’s current account deficit (CAD).A $10-per-barrel increase in oil prices raises India's CAD as a proportion of its gross domestic product by 0.4%, according to Jaipuria.The surge in crude and the rupee’s fall dragged the benchmark Nifty down 8.2% to 23,114.5 on Friday.
23.03 / 10:21
markets UPS Booking security trends reports Updates IT sector re-rating hopes fade amid Middle East tensions, Gen AI
The demand environment for IT services is stable rather than sharply improving, according to Accenture. Clients continue to prioritize large, strategic transformation programs with spending trends similar to 2025, said the global IT giant, which competes with tier-I Indian technology companies in outsourcing business and is often seen as an indicator of future prospects.Accenture’s managed services (outsourcing) constant currency (CC) revenue increased 5% year-on-year in Q2FY26, outpacing the consulting business, the company told investors in its earnings call for the quarter ended February (Q2FY26)—Accenture follows a September to August financial year.Sequentially, managed services growth moderated with softening deal wins, but the management expects a gradual improvement in H2FY26, supported by the conversion of large deals.
23.03 / 10:09
markets Manufacturing economy Trade shock Updates International Geopolitical fragmentation and Indian equities: Risk, resilience, and realignment
Geopolitical shocks affect commodity prices and energy costs, altering inflation trajectories and corporate margins. Most immediately, shifts in global risk perception influence capital flows across emerging markets.

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