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Company News

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Rent vs buy: Why startups failed to shake up the furniture rental market

If you cant control the customers experience across all pillars, then you cannot deliver a good experience, Ramalingegowda, Wakefits co-founder, told us. Have furniture rental companiesthe likes of Rentomojo, Furlenco, Cityfurnish and Rentickledelivered that superlative experience? Read on.

20 Jun 2024 6:36 pm
SRK and Hrithik promote local businesses as AI moves deep into advertising

A handful of campaigns have been executed in the last year or so giving companies better ROI and personalization.AI in advertising is still in nascent stages, and several concerns remain

20 Jun 2024 4:58 pm
RBI Governor Shaktikanta Das on banking supervision: Need to see stress before it builds up

Governor Das expresses concerns about global banking 'supervisors' lagging behind economic cycles.

20 Jun 2024 4:51 pm
Binance cleared to operate in India, subject to a $2.25-million fine and compliance

The worlds largest cryptocurrency exchange was suspended from operating in India in December 2023 for failing to comply with the country's anti-money-laundering rules.

20 Jun 2024 4:33 pm
Scrap new rules on self-certification of ads, IAMAI urges Supreme Court

In its petition, the industry body said the new rules would hit online advertising especially hard, and that small- and medium-sized businesses would bear the brunt.

20 Jun 2024 1:57 pm
Mint Primer: Can tech steer train safety into the future?

The Kavach system, launched in 2020, works on an elaborate communication protocol that combines radio and GPS signals between trains, tracks and sends alerts to prevent collisions.

20 Jun 2024 7:00 am
Exchange prices of power increase, hit ceiling price in peak hours

At the Indian Energy Exchange, price of power booked for the next dayday-ahead market or DAMstood at 6.78 per unit, up 23% from 5.51 a month earlier.

20 Jun 2024 5:50 am
Indian airlines, airports adopting AI tools to improve services

Delhi international airport, the country's largest with annual traffic of 73.7 million passengers, is introducing airport operations system which is a predictive tool and monitors data real time.The airport is also assessing installation of AI-guided automatic people-mover.

20 Jun 2024 5:45 am
Coal India awards 23 closed mines to private players to extract latent reserves

CIL has identified a total 34 discontinued mines where good-quality coal reserves are lying untapped, but may not be financially viable for the company to extract them.

19 Jun 2024 8:16 pm
Yes Banks turnaround: Why Prashant Kumar still has miles to go

Today, Yes Bank is on a stable footing and the investors who stepped in to rescue the bankSBI, Axis Bank, HDFC Bank, ICICI Bank and Kotak Mahindra Bankare looking for an exit. They are also getting restive. We tell you why.

19 Jun 2024 7:36 pm
Global IP treaty will boost innovation, protect biodiversity. But some see red flags

Following two decades of negotiations, more than 190 countries recently agreed on a treaty to protect indigenous knowledge and regulate patents.India played a key role in this, but experts fear it could end up diluting the country's existing protections

19 Jun 2024 5:29 pm
How Hollywood fell in love with video games

Fallout is the latest in a successful run of adaptations

19 Jun 2024 3:17 pm
The semiconductor choke-point

The world wants to rely less on Taiwanese chips. The island has other plans

19 Jun 2024 7:00 am
Cognizant, Infosys, Wipro see fall in real estate space in a year

Hybrid work is reducing the need to maintain sprawling offices. At the same time, workforce has declined at top technology services companies too.

19 Jun 2024 6:12 am
India, South Korea in talks to enhance bilateral air rights

India currently has bilateral air service agreements with 116 countries..Air traffic between India and South Korea has more than doubled at 54,174 passengers in Jan-Mar compared with 20,378 passengers a year ago, DGCA data shows

18 Jun 2024 5:24 pm
Rental growth slows in India's top cities amid housing supply surge

But even as rental growth has slowed in the second quarter of 2024, the Indian residential market remains robust, as evidenced by the influx of new housing supply.

18 Jun 2024 2:09 pm
Indian celebrities cash in on 2023's brand boom: Virat Kohli leads the charge, Ranveer Singh sees consistent growth

Celebrity brand values in India grew 15.5% in 2023, totalling $1.9 billion. Virat Kohli's brand value rebounded to $227.9 million, while Ranveer Singh's steadily increased to $203.1 million. Shah Rukh Khan saw a remarkable 116.6% growth, and Alia Bhatt's value surged by 110.6%.

18 Jun 2024 1:35 pm
Oil prices advance on hopes for demand boost in northern hemisphere

At 1212 GMT, the benchmark Brent crude futures were higher by 33 cents, or 0.4 per cent, to $82.95 a barrel. US West Texas Intermediate crude futures added 25 cents, or 0.3 per cent, to $78.70

17 Jun 2024 8:21 pm
Defence ministry issues RFP for procurement of 156 light combat helicopter: Hindustan Aeronautics

Out of the total 156 light combat helicopter, 90 choppers will be procured for the Indian Army and 66 for the Indian Air Force

17 Jun 2024 6:03 pm
Media industry expects minister Vaishnaw to address concerns, review regulations

Experts say the draft Broadcast Services (Regulation) Bill provides a consolidated framework to regulate broadcasting services, and extends its ambit to streaming, audio platforms, and digital news. It puts in place content evaluation panels, which are of particular concern.

17 Jun 2024 4:27 pm
I Squared Capital, Stonepeak eye Vodafones Indus Towers stake in $2.3 bn deal

Vodafone Group is looking to sell its entire stake worth $2.3 billion in Indus Towers through stock market deals and has hired Bank of America, Morgan Stanley and BNP Paribas to manage the sale

17 Jun 2024 12:25 pm
Mint Explainer: Can airfares be regulated?

Airlines are free to fix reasonable tariffs and fares are neither established nor regulated by govt.Soaring demand for air travel and aircraft shortages are also causing airfares to rise

17 Jun 2024 11:43 am
How the defence sector goes all guns blazing

The growth trajectory of the Indian defence sector remains strong with thrust on indigenisation and a healthy order flow

17 Jun 2024 10:51 am
Reserve Bank of India bags risk manager of the year award 2024 by London's Central Banking publication

The accolade recognizes RBI's exemplary strides in enhancing its risk culture and awareness, affirming its pivotal role in safeguarding the stability of the Indian financial system.

17 Jun 2024 10:01 am