City New Delhi Financial News

08.12 / 12:59

markets UPS Manufacturing Puma cricket Sporting athletics Virat Kohli invests ₹40 crore in Agilitas Sports for minority stake, integrates One8

Subscribe to enjoy similar stories. New Delhi: Cricketer Virat Kohli has invested ₹40 crore to pick up a minority stake in Agilitas Sports, joining the company as an investor and business partner. As part of the deal, Agilitas has acquired One8, the cricketer’s sportswear brand.

08.12 / 11:55

UPS Football band reports rights cricket Sporting RCB and the $2 billion question: Can the IPL team break global sports valuation norms?

Subscribe to enjoy similar stories. New Delhi: On 5 November, United Spirits Ltd (better known as Diageo India) informed the stock exchanges that it was “initiating a strategic review" of its investment in its 100% subsidiary that owns the two Royal Challengers Bengaluru (RCB) cricket franchises. The liquor major was considering whether to stay invested in the business of running cricket teams or not.

08.12 / 08:41

Research show country hospital patient Colleges Vaccines Mint Explainer: How the 'twin burden' of influenza and air pollution is wreaking havoc on public health

Subscribe to enjoy similar stories. NEW DELHI : India is witnessing a significant surge in influenza cases, driven by the H3N2 subtype, clinically known to cause more severe infections and higher hospitalizations, according to the latest surveillance data from the country's premier medical research organization, the Indian Council of Medical Research (ICMR). Taking cognisance of the situation, Union health minister J.P.

08.12 / 08:01

COST UPS Booking love country beautiful travelers This couple had a New Year holiday in Oman just for ₹2 lakh. Here's how

Subscribe to enjoy similar stories. NEW DELHI : An international New Year holiday often sounds expensive, but Oman proves otherwise. With its turquoise wadis, cliffside beaches, and dramatic mountains, the country looks luxurious yet is actually one of the easiest and most affordable international trips for Indians today.

08.12 / 07:25

markets COST UPS Experts Department Destinations Grape shortage threatens India’s wine industry as prices surge following unseasonal rain in Maharashtra

Subscribe to enjoy similar stories. New Delhi: Wine prices in India are set to rise by 25-30% from levels in January after Maharashtra’s grape crop suffered its worst damage in recent years, sharply increasing input costs and reducing production.

08.12 / 01:23

markets Digital Platform security Trade information reports Digital market falters, leaves farmers with fewer buyers and weaker returns

Subscribe to enjoy similar stories. New Delhi: The government's move to upgrade its digital farm marketplace, meant to give farmers access to more markets and better prices, has run into implementation glitches, with Rajasthan reporting data mismatches, login issues, and stalled mandi operations.

08.12 / 01:23

UPS Google Enterprise Research Healthcare country Interviews Top Indian companies join red-hot sovereign cloud race

Subscribe to enjoy similar stories. NEW DELHI : Larsen & Toubro Ltd. aims to establish a sovereign cloud as part of its initiative to build data centres in the country, becoming the third homegrown company after Tata Consultancy Services Ltd and Bharti Airtel Ltd.

07.12 / 14:15

markets UPS Manufacturing Bill innovations testing patient India plans toolkit to help diagnostics startups commercialize their products

Subscribe to enjoy similar stories. New Delhi: India is moving to reduce its heavy reliance on imported diagnostic technology by fast-tracking commercialization of homegrown solutions.

07.12 / 05:35

COST UPS security Food reports parachuting FMCG input costs are moving in opposite directions—what it means for margins

Subscribe to enjoy similar stories. NEW DELHI: Prices of key inputs for the fast-moving consumer goods (FMCG) sector are moving in opposite directions, creating a mixed margin outlook for companies such as Hindustan Unilever, Marico and Parle Products. Several agricultural inputs and packaging materials, for instance, are getting cheaper, while other commodities such as sugar, coffee, and fishmeal are becoming more expensive, potentially producing an uneven impact on FMCG companies' profit margins.

05.12 / 16:03

Trade President War country testing Relationships Russia and India’s complicated relationship hinges on oil

Subscribe to enjoy similar stories. When it comes to oil, few countries have needed each other more than Russia and India in recent years. Now, that relationship is being tested.

05.12 / 16:03

hiv information patient prevention medicines infection Vaccines India to mandate QR codes on emergency contraceptives to curb misuse, boost safety

Subscribe to enjoy similar stories. NEW DELHI: India’s drug regulator, the Drugs Controller General of India (DCGI), plans to tighten rules on the sale and distribution of emergency contraceptive pills, including levonorgestrel formulations, sold under brand names such as Unwanted-72 and i-pill, and ulipristal pills sold as ella. The move, aimed at preventing habitual overuse and ensuring women have access to critical safety information, will require these pills to carry QR codes on their packaging, according to two officials and a document reviewed by Mint.

05.12 / 11:33

COST Platform Action Interface Trade reports guidelines CCPA fines Zepto for hidden fees and tricky online checkout designs

Subscribe to enjoy similar stories. New Delhi: India’s top consumer watchdog has imposed a penalty of ₹700,000 on quick commerce platform Zepto for using ‘dark patterns’ and misleading price disclosures, including drip pricing and basket sneaking. The Central Consumer Protection Authority (CCPA) said Zepto's practices violated multiple provisions of the Consumer Protection Act, 2019.

05.12 / 09:15

markets Digital Manufacturing Research country innovations International India’s problem isn’t restrictive labour laws but a failure to innovate—Making workers work harder won’t help

While the rest of the world frets over artificial intelligence and how it could hollow out demand for human effort, a zeitgeist-defying idea is taking hold in India. Several corporate bosses have publicly said that at India’s stage of development, a 70- or even 90-hour workweek is a national imperative.

05.12 / 09:15

Action security Justice 2020 reports Department Courts Vedanta moves Delhi high court against taxman’s ₹1,308-cr avoidance allegation under India–Mauritius treaty

Subscribe to enjoy similar stories. New Delhi: Mining and metals conglomerate Vedanta Ltd, through its promoter entity Vedanta Holdings Mauritius II Ltd (VHML), has moved the Delhi high court challenging the income tax department's claim that the group gained undue tax advantage of about ₹1,308 crore through the misuse of the India–Mauritius tax treaty.

05.12 / 01:15

markets Enterprise Research wellness President diving Microsoft plans bigger data centre investment in India beyond 2026, to keep hiring AI talent

Subscribe to enjoy similar stories. NEW DELHI: Microsoft will keep investing in artificial intelligence-ready data centre infrastructure in India beyond 2026, and continue hiring artificial intelligence (AI) engineers to build value-added solutions, the company’s top India executive said. “As part of our $3 billion investment plan through this year and the next, our Hyderabad data centre—one of the largest in the region—is set to go live by June 2026.

04.12 / 16:05

markets Aviat Airlines Experts stage reports Courts Mint Explainer | What really went haywire at IndiGo?

Subscribe to enjoy similar stories. NEW DELHI : With hundreds of flight cancellations and delays affecting thousands of fliers since Tuesday, IndiGo—India’s largest budget carrier by market capitalization—is grappling with one of its most severe operational disruptions, prompting a probe by the Directorate General of Civil Aviation (DGCA). Crew shortages due to new duty-time rules, technical breakdowns at key airports, and heavy winter congestion have precipitated the crisis, according to the airline.

04.12 / 14:23

Maxim Manufacturing Software awards wellness electronic reports Tata, Cyient and Applied Materials win ₹4,500 crore mandate to modernise India’s lone chip fab

Subscribe to enjoy similar stories. NEW DELHI: Two homegrown firms, including a Tata Group company, along with a US chip design major, have bagged a ₹4,500 crore project to enable India’s sole semiconductor fabrication plant, Semi-Conductor Laboratory (SCL) in Mohali, to make more modern industrial chips used in critical sectors like power and energy. On Thursday, Tata Semiconductor Manufacturing Pvt.

04.12 / 07:21

COST UPS IPO Mobile show reports How Ola Electric's 12% unallocated costs helped it show an Ebitda profit in its auto business

Subscribe to enjoy similar stories. New Delhi/Bengaluru: Ola Electric Mobility Ltd’s accounting approach to club about 12% of total costs as unallocated expenses in the July-September quarter — about twice the year-ago level — helped it report operational profitability in its scooter and bike business. Unallocated expenses were a fourth of the company’s net loss in the September quarter, up from a fifth in the year-ago period.

04.12 / 03:37

markets Digital CEO Platform Fitch beautiful International From Lush to Lululemon: Why global retailers are scrambling for Indian shoppers

Subscribe to enjoy similar stories. NEW DELHI : Global fashion and personal-care brands are scrambling to enter India, attracted by rising affluence and evolving consumer aspirations in the world’s fastest-growing major economy, even as demand cools in other key markets. Large international clothing labels such as COS, Bershka, Next, and G-Star Raw, and cosmetics brand Lush have entered the Indian market over the past year.

04.12 / 03:05

Analysis Research Trade President War country Putin’s India visit comes amid US tariffs and oil sanctions—what’s at stake for New Delhi

Subscribe to enjoy similar stories. Russian President Vladimir Putin begins a two-day visit to India on 4 December for the annual India-Russia Summit—his first trip to New Delhi since the start of the Ukraine war. The visit comes at a particularly sensitive moment for India’s foreign policy and energy security.

04.12 / 00:31

President Experts Universities track social reports PB Balaji's reign at JLR begins with twin crises

Subscribe to enjoy similar stories. NEW DELHI : The tenure of Jaguar Land Rover’s (JLR) new chief executive P.B. Balaji, has begun with twin crises of dealing with the exit of chief creative officer Gerry McGovern and the loss of business due to the halt in production in September and October owing to the cyberattack.

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