Breaking news and analyses of Indian and world business, economy and politics from Mint.
Mukesh Ambani-led Reliance has entered the personal and home care segment of #FMCG, offering products at 30 to 35% lesser price.
Reliance Industries announced that it has appointment of Venkatachari Srikanth, 56, as its new Chief Financial Officer (CFO), from 1 June, 2023.
#HDFCBank has revised charges and fees structure on unsecured loans like personal loans. This with come into effect from 24 April, 2023, according to the bank's website.
The #Fed’s nightmarish balancing act between #inflation and financial stability looks very different from its past two crises.
The #Vedanta subsidiary recently announced ₹26 per share fourth interim dividend for its shareholders in the financial year 2022-23.
#MintInFocus | #MukeshAmbani, chairman of #RelianceIndustries Ltd and the richest man in #Asia, is now the only Indian who appears on the list of the top 10 billionaires in the world according to the Hurun Global Rich List.
Gold future contract for April 2023 on MCX ended at ₹59,310 per 10 gm, logging weekly loss of 0.18 per cent.
Top #IT companies such as #TataConsultancyServices, #Infosys, #Wipro and #HCLTech are still facing high employee costs, despite a decline in overall headcount. Read here:
Coal India Limited will likely see its dispatches to non-regulated sectors increase 16.6% sequentially during January-March.
#ICICI Bank announced that it will announced its March quarter result on 22 April, 2023, according to its regulatory filing.
The #RBI said it has imposed a penalty of ₹30 lakh on Karur Vysya Bank for violating rules.
The #Nifty 50 index closed 0.77 per cent lower or 131.90 points, at 16,945.05.
Coal India Limited (CIL) will likely see its despatches to non-regulated sectors increase 16.6% sequentially during January-March.
#Vedanta Ltd has withheld about USD 91 million from the share of profit due to government from its oil and gas fields, to make up for the additional tax outgo, according to report.
#MintStartupICON2023 | @sbikh, Founder and Executive Vice Chairman, Info Edge on startups moving out of India to get listed. Watch live -
#MintStartupICON2023 | "The startup industry is going through some difficulty now but the truth is that this is the right time to invest as valuations are going up," @sbikh, Founder and Executive Vice Chairman, Info Edge says. Watch live -
#MintStartupICON2023 | "Companies that tend to raise money easily, stick to suboptimal spending," @sbikh, Founder and Executive Vice Chairman, Info Edge says. Watch live -
#MintStartupICON2023 | Mint's Editor in Chief @sruthijith now in conversation with @sbikh, Founder and Executive Vice Chairman, Info Edge on the ideal toolkit for making of a super brand. Watch live -
#Reliance this month launched revamped #Campa drinks, sugary sodas popular in #India in the 1970s and 1980s before disappearing from shelves as the #US giants expanded rapidly in a liberalising #economy.
#MintPlainFacts | The government and the central bank have maintained secrecy around the contents of the latter's explanation about the failure to keep #inflation in check. Read here: