City New Delhi Financial News
03.01 / 10:41
markets
COST
Digital
Strategy
Bill
Cycling
PAM
Electricity bills to rise in parts of Delhi as power regulator approves hike: Check if your area is affected
Delhi Electricity Regulatory Commission (DERC) has permitted the New Delhi Municipal Council (NDMC) to increase the power purchase cost adjustment (PPCA) charges from 38.75% to 54.52% for the January-March 2025 quarter. This decision will lead to higher electricity bills for consumers in these areas, a TOI report stated.
03.01 / 00:17
markets
UPS
Manufacturing
Southern
Food
Interviews
Heritage Foods eyes expansion, launch of more value-added dairy products
Subscribe to enjoy similar stories. New Delhi: Heritage Foods plans to expand beyond South India, where it draws the bulk of its revenue from, and launch more value-added dairy products as demand for such items grows, a top official of the Hyderabad-based dairy company said. “Our core markets are the Telugu-speaking states.
02.01 / 18:33
Progressive
security
WhatsApp
travelers
US NSA to visit India next week
National Security Adviser Jake Sullivan will travel to India on January 6-7 for a review of the Initiative on Critical and Emerging Technology (iCET) in what will be the last engagement between the Biden administration and the Modi government. Sullivan and his Indian counterpart Ajit Doval will co-chair the meeting to review progress under iCET. This will be the third round of talks on iCET since the initiative was launched in January 2023.
02.01 / 16:33
UPS
FIVE
Digital
Software
exclusive
hospital
International
iBus Networks eyes ₹2,000 cr revenue by 2028, bets on digitization of buildings
Subscribe to enjoy similar stories. New Delhi: Bengaluru-based iBus Networks is aiming for a revenue of ₹2,000 crore in the next four to five years, with Ebitda (earnings before interest, taxes, depreciation and amortization) of ₹500 crore, as it looks to become an infrastructure tech company by offering digital solutions for last-mile connectivity. Ram Sellaratnam, co-founder and chief executive officer (CEO) at iBus Networks, told Mint in an exclusive interaction that the company was looking at Ebitda of around ₹120 crore by FY26, with a revenue ₹400-450 crore.
02.01 / 14:25
markets
UPS
Citi
Manufacturing
Enterprise
Trade
cover
Quick commerce is rocketing. So, are kiranas on the way out?
Subscribe to enjoy similar stories. New Delhi: In little more than a couple of years, quick commerce has turned into the great hope of India’s startup landscape. Zomato, Zepto and Swiggy dominate, even as Big Basket, Amazon and others are trying to muscle in.
02.01 / 08:25
02.01 / 03:31
01.01 / 08:03
markets
UPS
FIVE
Manufacturing
International
Following listing, beer maker Kati Patang plans to acquire and incubate small alcohol businesses to expand
Subscribe to enjoy similar stories. Kati Patang Lifestyle, a maker of craft beer that recently listed on the exchanges through a share swap, plans to scale up operations and become an incubator by adding small alcohol businesses to its portfolio. The New Delhi-based company will expand its business, both organically and inorganically, in the next two years, co-founder Shantanu Upadhyay toldMint.
01.01 / 06:41
markets
IPO
FIVE
Strategy
trends
Trade
performer
Happy 2025: Five new-year resolutions for smarter equity investing
Subscribe to enjoy similar stories. NEW DELHI : India's stock market had another winning year, but the gloss of 2024 came with cautionary tales. A ninth straight year of gains for the Nifty 50, up 9%, extended the benchmark’s unprecedented streak.
31.12 / 16:01
UPS
Manufacturing
Experts
show
performer
India's core sector growth hits four-month high of 4.3% in November
Subscribe to enjoy similar stories. NEW DELHI : India's infrastructure output, which accounts for about two-fifths of industrial production, jumped to a four-month high in November, driven by a rise in six of the eight core constituent sectors during the month. The index of the eight core industries rose an annual 4.3% in November, up from 3.7% in October, according to provisional data released by the Ministry of Commerce and Industry on Tuesday.
30.12 / 18:07
UPS
Provident
Target
Progressive
Pool
Parke
reports
Centre pushes for land availability for wind projects, states look at pooling unused govt land
Subscribe to enjoy similar stories. New Delhi: The government has asked states to ease land availability for renewable energy projects with a focus on wind power, two people in the know of the developments said, citing industry concerns over the pace of progress. States are now looking at consolidating unutilized government land for wind power projects as the ministry of new and renewable energy pushes for completion of 500 GW of non-fossil power capacity by 2030.
30.12 / 18:07
Aware
Manufacturing
Research
RAI
track
testing
International
ARAI likely to plan division of auto testing agencies allocation under PM E-drive scheme among four agencies
Subscribe to enjoy similar stories. New Delhi: The Automotive Research Association of India (ARAI) is likely to spearhead the distribution of ₹780 crore earmarked for upgrading the nation’s automotive testing infrastructure as part of the government’s ₹10,900-crore electric vehicle (EV) subsidy scheme, two persons aware of the matter said.
30.12 / 15:41
markets
Digital
Strategy
Experts
PAM
social
Shehbaz, Nawaz Sharif criticised for not offering condolences on Manmohan Singh's demise
Shehbaz Sharif's decision of not offering condolences on the passing of former India premier Manmohan Singh was severely criticised on social media. Singh, who was born in Gah village in Chakwal district of Pakistan's Punjab and served as prime minister from 2004 to 2014, died in New Delhi last Thursday aged 92.
30.12 / 13:45
markets
UPS
wellness
Trade
Inside
reports
travelers
15 awesome stories you can’t miss
Subscribe to enjoy similar stories. New Delhi: Earlier this year, Varun Sood, Mint’s writer in Bengaluru, reviewed over 3,000 filings from the last 17 years to piece together a narrative on Quant Mutual Fund. Alisha Sachdev, who covers auto, took a fancy to makhanas.
30.12 / 13:45
markets
UPS
Manufacturing
Adidas
Puma
country
reports
Onitsuka Tiger considering India as manufacturing hub for regional growth
Subscribe to enjoy similar stories. NEW DELHI : Japanese footwear brand Onitsuka Tiger, part of Asics Corporation, said it could consider India as a potential manufacturing hub to accelerate its growth in the region. “Establishing a manufacturing base in India is a strategic move that can significantly accelerate Onitsuka Tiger’s growth in the region.
30.12 / 13:45
markets
Aviat
Manufacturing
Airlines
Boeing
country
prevention
SpiceJet to operationalize 30 grounded planes, resume delivery talks with Boeing
Subscribe to enjoy similar stories. New Delhi: Budget carrier SpiceJet Ltd. aims to operationalize 30 Boeing 737 MAX aircraft, grounded due to reasons ranging from payment default to lessors and component shortages, in the next 12-15 months as it seeks to increase its operations.
30.12 / 00:05
markets
UPS
Action
economy
innovations
International
Deregulation to be a budget priority as growth cools
Subscribe to enjoy similar stories. New Delhi: The central government is assessing regulations across sectors to identify the ones that can be relaxed in the upcoming budget and beyond to cut red tape and help revive growth in a slowing economy, according to three people familiar with internal deliberations. Preliminary discussions are underway to identify the sectors where regulatory easing could stimulate growth, the people said on the condition of anonymity as details have not been finalized yet.
30.12 / 00:05
UPS
Aviat
Manufacturing
Action
Airlines
Boeing
Flight path 2025: What lies ahead for Indian carriers
Subscribe to enjoy similar stories. New Delhi: The year 2024 saw India’s aviation industry grow on the back of American aircraft manufacturer Boeing's white tail planes - those that are built without any pre-existing customer. However, the new year is likely to see slower deliveries of Boeing aircraft, leading to Indian airlines inducting fewer planes than they did in 2024.
29.12 / 19:55
29.12 / 15:31
markets
UPS
Provident
Booking
Google
recommendations
Equality
12 books that can change how you think
Subscribe to enjoy similar stories. New Delhi: In the fascinating book, The Soul of an Octopus, naturalist Sy Montgomery writes about her encounters with the eight-armed mollusks. Turns out, they have a mind of their own.
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