IREDA targets ₹4,350 crore revenue in FY24; ₹5,220 crore in FY25 The company reported a reduction in net non-performing assets lowering the figure to 1.61% in the first quarter of FY24
Rare works of Husain, Raza, others to fetch over ₹10 cr in upcoming auction A large-scale work by Husain has a rendition of his horse motif which is appearing in an auction for the first time, an oil on canvas circa 1970 is estimated to be sold at ₹4-6 crore.
World Entrepreneurs Day 2023: How India can become the global leader of startup ecosystem? India ranks third in the world as a startup hub with over 90,000 startups and 107 unicorn companies. The government has launched initiatives and schemes to support aspiring entrepreneurs.
Q1 Results Review: Earnings growth continues even as revenue slows; margins rescue The performance of India Inc. in the June quarter was highlighted by strong net profit growth with tepid rise in topline. Easing input costs supported margin expansion for most sectors during Q1FY24.
Volunteering for various causes is a ₹7,500 crore opportunity for India Inc While 78% reported employee participation in volunteering programmes, only 26% reported the number of volunteers, and 39% reported the number of volunteering hours
Mint Explainer: Will WeWork’s troubles affect India ops? While the India affiliate works as an independent entity, it did receive support at the peak of covid in 2020, when WeWork invested $100 million in it
Wipro appoints Brijesh Singh as Senior Vice President and Global AI Head Wipro appoints Brijesh Singh as SVP and Global AI Head to drive AI adoption and deliver AI-first solutions.
‘Index earnings yield is unattractive compared to bond yields’ In an interview, Kotak Institutional Equities’ CEO and co-head Pratik Gupta said the market will continue to consolidate around the current levels for the next few months and there is no major catalyst for a sharp rally or a...
Airport lounge services firm Encalm enters hotel business The company aims to operate 21 lounges and 3 hotels by 2025 and may restructure and raise institutional capital for expansion
360 One to set up sector-focused private equity funds The firm plans to launch thematic funds, starting with a healthcare fund, and will focus on sectors such as financial services, consumer, and technology
Shimla hotels grapple with Aug travel disruptions Hotel rates in Shimla have softened due to cancellations caused by heavy rains and landslides in Himachal Pradesh.
Yes Bank receives redemption amount of ₹230 crore in Security Receipts Portfolio Yes Bank receives redemption of ₹230 crore from a single trust in its NPA portfolio
Telcos look to free capital by settling ₹76,780 cr litigation Vodafone Idea Ltd chief executive Akshaya Moondra said in an earnings call with investors last week that a structural change was needed to prevent avoidable litigation
SoftBank sells its stake in IPO-bound FirstCry for ₹435 crore In a bid to sell its stake in venture firms, SoftBank reportedly sold its stake to three Indian entities for ₹435 crore
Jio Financial Services Listing LIVE Updates: JFSL shares hit 5% lower circuit post listing at ₹265 on BSE Jio Financial Services Listing LIVE: JFSL shares got listed on exchanges today. JFSL share price were listed at ₹265 on the BSE and ₹262 on NSE as compared to its derived market value of...
Hikal appoints two independent directors amid family feud Desai and Vinnakota's appointment as independent directors was made in a board meeting earlier this month
How dinner with Rakesh Jhunjhunwala inspired CaratLane's Mithun Sacheti to build business 100 times Titan to acquire 27.18% stake in CaratLane for ₹4621 crore, making it the second-largest founder exit after Flipkart