Reports Financial News
13.01 / 00:57
markets
IPO
Aware
Platform
Strategy
PAM
reports
NCLT nod for Zepto parent’s merger with Singapore unit
NCLT) has approved the merger of Kiranakart Technologies, which operates quick commerce platform Zepto, with its Singaporean affiliate entity Kiranakart Pte Ltd—a move that will help accelerate its initial public offering (IPO) plans in India this year. Zepto’s domicile flip to India will formally complete within the next 30 days, a person aware of the matter said, adding that this was one of the fastest approvals of its kind from the tribunal. “The scheme appears to be fair and reasonable and (it) is not in violation of any provisions of law and is not contrary to public policy,” the Mumbai bench of NCLT observed in its January 9 order.
13.01 / 00:57
markets
Digital
Booking
Platform
hospital
reports
travelers
Digital platforms lay groundwork to cash in on Maha Kumbh
spiritual apps, in addition to travel and hospitality, have laid the ground to capitalise on the month-long Maha Kumbh Mela that starts Monday in Prayagraj. While travel and hospitality firms reported a spike in bookings for Prayagraj from those who want to attend the festival physically, online spiritual and devotional platforms are expecting a surge in traffic coming from devotees wanting to be a part of the Maha Kumbh virtually. Digital platforms such as Sri Mandir, Vama.App and DevDham, which are looking at offering multiple remote services to enable access to devotees around the world, are anticipating a 40-50% increase in the number of app downloads and new users compared to business as usual.
13.01 / 00:29
Southern
Food
reports
Investigations
Walmart says customers should discard recalled chicken broth
Walmart says customers should throw out a chicken broth product that was sold at stores in mostly Southern states late last year
13.01 / 00:29
13.01 / 00:09
UPS
Provident
Booking
wellness
Trade
show
reports
Does Ireda deserve a green light for investing?
Subscribe to enjoy similar stories. The Indian Renewable Energy Development Agency Ltd (Ireda) stock fell by almost 7% after it announced the December quarter (Q3FY25) results. Though the net profit grew by 27% year-on-year to ₹425 crore, the drop in provision coverage ratio, both sequential and year-on-year, spooked investors.
13.01 / 00:09
Citi
FIVE
Digital
Opinion
students
reports
rights
Mint Budget poll: Old or new tax regime? More jobs? More 80C relief? Here's the verdict
Subscribe to enjoy similar stories. In the run-up to the upcoming Union Budget, Mint conducted an online poll from 28 November and 30 December inviting its print and digital readers to share their views on how the government should approach the annual exercise. Should the Budget be populist? Is it time to relax income tax slabs? Should women and farmers get extra attention in the Budget? Those were among the questions we posed to our readers.
12.01 / 20:59
12.01 / 19:37
Landmark
community
Celebrity
show
stars
reports
inequality
The California wildfires could be leaving deeper inequality in their wake
The sight of celebrity mansions and movie landmarks reduced to ashes can make it seem like the wildfires roaring through the Los Angeles area affected a constellation of movie stars
12.01 / 19:37
12.01 / 19:09
markets
Digital
Strategy
PAM
reports
Relationships
peace
Horoscope 2025: These 4 Zodiac signs set for a major life turnaround this year
However, 2025 brings promising news for four zodiac signs—Aries, Libra, Virgo, and Pisces. Media report predicts life will get significantly easier for them this year. After navigating a year of challenges, these signs can expect emotional and spiritual growth, improved relationships, and a renewed sense of purpose, as mentioned in a report by Your Tango.
12.01 / 17:05
markets
Digital
Strategy
Experts
PAM
reports
Courts
AgustaWestland: Court directs AIIMS to arrange hip replacement surgery for Christian Michel James
AIIMS to arrange hip replacement surgery for jailed British national Christian Michel James, the alleged middleman arrested in 2018 in a money laundering case connected to the Rs 3,600-crore AgustaWestland chopper case. Special Judge Sanjeev Aggarwal passed the order on an application filed by James who has claimed that his total hip replacement surgery could not be avoided, considering that he was suffering from «excruciating pain» in day-to-day activities. James, who was extradited in 2018, claimed that the doctors at the All India Institute of Medical Sciences (AIIMS) had advised the surgery. «The Director, AIIMS is requested to arrange for the total hip surgery, as advised by the doctors of AIIMS as per the medical prescription dated December 30, 2024, and to fix the surgery i.e. total hip replacement, as stated in the report, preferably, in the first/second week of February, 2025 as per the convenience of the operating surgeon,» the judge said in an order passed on January 9.
12.01 / 17:05
markets
Football
President
social
reports
Colleges
Will Vice President-elect JD Vance skip Inauguration Day to support Buckeyes in the College Football Playoff ?
Vice President-elect JD Vance, a staunch supporter of Ohio State University and a proud alumnus, has humorously hinted at a potential scheduling conflict as he prepares for his upcoming inauguration. With the Buckeyes set to face Notre Dame in the College Football Playoff National Championship, Vance joked about prioritizing his alma mater over his official duties, as mentioned in a report by New York Post. The clash of events—Ohio State’s championship game and the inauguration of President-elect Donald Trump and Vance on January 20—has become the subject of light-hearted banter.
12.01 / 17:05
markets
Digital
Strategy
Experts
PAM
country
reports
Microfinance sector contracts below Rs 4 lakh crore amid loan disbursal woes
loan disbursal with several of them completely stopping acquisition of new-to-credit customers amid rising asset quality stress. The sector's asset quality may have also worsened as collection efficiency has faltered for several lenders. Heads of the microfinance lenders however expressed hope that the sector would bounce back but it may take a couple of quarters from now. It is now in the process of healing with guardrails being in place to protect it from further degeneration, they said. The sector contributes 2.03% to the country's GDP and supports 13 million jobs.
12.01 / 17:05
markets
Strategy
RAI
PAM
hospital
reports
Building collapse at Kannauj: All 28 trapped workers rescued after 16-hour operation, FIR lodged
Kannauj railway station following a 16-hour overnight operation, officials said on Sunday. An FIR has been registered against the contractor and an engineer for various offences including negligence and endangering lives, they said. The rescue teams, including personnel from the national and state disaster response forces and the railways, worked through the cold winter night to clear the debris and pull out the trapped workers. No fatalities have been reported, the officials said. Twenty-six workers have been admitted to various hospitals in Kannauj, while two with serious injuries were shifted to the Lala Lajpat Rai (LLR) Hospital in Kanpur, they said.
12.01 / 15:37
12.01 / 13:33
markets
economy
Nov
Trade
rock
consequences
reports
A bond selloff is rocking the world. You might want to take the other side.
Subscribe to enjoy similar stories. Wall Street is really worried about bonds. It might be time to buy some.
12.01 / 12:33
markets
Strategy
Mobile
Apple
Software
reports
Updates
Significant percentage of iPhone, Android users in India faced issues post software upgrade: Survey
call connection issues after the latest software upgrade, online platform LocalCircles said in its latest report. According to the survey, 60 per cent of iPhone users and 40 per cent of Android users in the country have shared that they are experiencing problems in their services after the latest software upgrade. Call failure is the biggest problem that iPhone users are facing, be it a normal call or app-based calls, while freezing of apps is the biggest issue for Android users. The report noted that «6 in 10 apple iPhone users surveyed who have upgraded to iOS 18 or higher are having difficulties. 28 per cent of the respondents stated that most/some of voice and OTT calls don't connect or drop. 12 per cent stated screen of the phone goes dark; 12 per cent stated apps are hanging.»
12.01 / 11:33
Waters
security
economy
country
reports
Department
mountaineering
Springs and spring-sheds to be counted in next minor irrigation census
Subscribe to enjoy similar stories. New Delhi: The government plans to count springs and their sheds in the seventh minor irrigation (MI) census expected to start next month, two officials said. A spring-shed is a land area with groundwater that contributes to a spring.
12.01 / 10:29
markets
UPS
Provident
Platform
Healthcare
reports
Diaper maker Nobel Hygiene eyes up to ₹200 cr in funding led by Neo Group’s investment arm
Subscribe to enjoy similar stories. Bengaluru: Nobel Hygiene, a maker of diapers, maternity pads and other such products, is in talks to raise ₹150-200 crore in a funding round led by the investment arm of Neo Asset Management, three people familiar with the matter told Mint. The company plans to use the funds for expansion, one of them said, without providing more details on the valuation.
12.01 / 09:37
Virus
social
hospital
reports
Videos
Vaccines
HMPV virus: How doctors are using social media, humour to educate people
Subscribe to enjoy similar stories. It has been over two weeks since China reported cases of the HMPV (human metapneumovirus) virus, and this has caused covid-19-like panic across the globe, more so in Asia. The number of cases reported in India has surged to 13 (at the time of writing this story) — the most recent one, according to a report by Mint, being a 9-month-old child in Gujarat.
12.01 / 08:59
markets
UPS
trends
country
reports
India’s sky-high household debt faces a year of reckoning
Subscribe to enjoy similar stories. The much-awaited boom of consumer spending has not materialized, with demand in both rural and urban areas remaining subdued. Consumer-staple companies have collectively reported less than 5% growth in volumes.
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