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Top News / Livemint

HSBC Weighs Outsourcing Some Trading Operations to Lift Returns

HSBC Holdings Plc is considering outsourcing part of its sprawling trading business as executives struggle to justify making technology investments needed to keep up with larger rivals.

24 Mar 2025 9:54 pm
Airbus Chief Says Goal of Clean Aviation by 2050 Is at Risk

The aviation industry is at risk of missing its goal of eliminating carbon emissions by 2050, the head of Airbus SE said, less than two months after the worlds biggest planemaker delayed plans to build a hydrogen-powered commercial aircraft.

24 Mar 2025 9:18 pm
SEC to focus on traditional cases under new leadership, acting director says

USA - SEC/ENFORCEMENT (PIX):SEC to focus on traditional cases under new leadership, acting director says

24 Mar 2025 9:14 pm
Fidelity, Schwab Block Orders of BlackRock and Texas Capital ETFs

Fidelity Investments and Charles Schwab Corp. are prohibiting clients from investing in money-market ETFs on their trading platforms, an unusual move for the financial powerhouses who typically permit easy access to funds that already trade on an exchange.

24 Mar 2025 9:02 pm
Vertical Farmer Plenty, Backed by Bezos, Softbank, Files Bankruptcy

Plenty Unlimited Inc., a vertical farming business thats drawn backing from Jeff Bezos, SoftBank Group Corp. and Walmart, has filed for bankruptcy with a lender-backed plan to either raise capital or sell the business.

24 Mar 2025 8:57 pm
ITeS jobs in India to grow by 20 pc in 2025: Report

ITeS jobs in India to grow by 20 pc in 2025: Report

24 Mar 2025 8:53 pm
DNA Tester 23andMe Files Bankruptcy to Sell Firm, CEO Quits

23andMe Holding Co. filed bankruptcy after it was unable to find a buyer to rescue it from insolvency proceedings and the board of directors rejected a buyout offer from co-founder Anne Wojcicki.

24 Mar 2025 8:32 pm
AI budgets are still rising. IBM has a massive opportunity.

Wedbush Securities Daniel Ives added the company to the firms Best Ideas List.

24 Mar 2025 8:01 pm
Actis acquires 100% of Stride Climate Investments from Macquarie Group

The deal sees Actis take charge of Strides 371 MW portfolio of operating solar power assets spread across 21 projects in seven states, the majority of which are in Gujarat.

24 Mar 2025 7:51 pm
Can Flash breathe Neu life into the Tata groups superapp dreams?

Tata Digitals Neu app has failed to live up to its promise. Three years on, the company is banking on quick commerce to revive the superapp, taking on Blinkit, Zepto and Swiggy Instamart. We dissect how the company aims to do that and loosen the oligopolys stranglehold over the market.

24 Mar 2025 6:28 pm
Ireland's ex-PM Leo Varadkar joins US PR giant Penta that advises Microsoft, Google, OpenAI

Former Taoiseach Leo Varadkar will join US PR firm Penta's advisory board next month after stepping down as Prime Minister in April 2024. Penta advises some of worlds largest companies, including Open AI, Johnson & Johnson, Bank of America, Microsoft, Google

24 Mar 2025 5:14 pm
Volkswagen, BMW group electric cars outsell Tesla in Europe in February

TESLA-EUROPE/SALES (PIX):Volkswagen, BMW group electric cars outsell Tesla in Europe in February

24 Mar 2025 5:09 pm
Worried about your financial health? 5 steps to build an emergency fund in 12 months

Many Indians remain vulnerable to financial difficulties such as medical emergencies and sudden layoffs. In such uncertain situations, an emergency fund can provide much-needed financial security and stability. Heres how you can create a safety net in just 12 months.

24 Mar 2025 4:52 pm
How switching MFs to dividend option to book unrealised loss can reduce your tax bill

Are you one of the several investors sitting on losses this year? Are you bullish on the mutual fund that is performing poorly and do not want to stop investing in it? Here is what you can do

24 Mar 2025 4:51 pm
Perplexity AI CEO Aravind Srinivas recalls internship days: Stayed in, worked hard, avoided Bengaluru traffic

Aravind Srinivas, CEO of Perplexity AI, reflected on his internship in Bengaluru, prioritizing work over exploration. He discussed his IIT days, passion for AI, and plans to offer a free pro version of Perplexity for students in India, aiming for close to a million sign-ups.

24 Mar 2025 4:43 pm
Hungary Central Bank Scandal Sinks Polish Developer GTCs Bonds

Polish real estate developer Globe Trade Centre SAs bonds have tumbled due to concerns over the potential fallout from a crisis engulfing a Hungarian central bank foundation.

24 Mar 2025 3:58 pm
Tesla stock surges as it tries to avoid 10th straight weekly loss

More regional sales data will move the EV maker's shares this week.

24 Mar 2025 3:37 pm
Saudi Banks Set to Sell Bad Loans Ahead of Boom in Giga Projects

Saudi Arabias lenders are looking at offloading bad loans to prepare for a crucial decade of huge infrastructure investments.

24 Mar 2025 3:36 pm
India working to become credible, competitive alternative to global shipbuilding industry: Sonowal

India working to become credible, competitive alternative to global shipbuilding industry: Sonowal

24 Mar 2025 3:23 pm
Can I avoid TCS by sending money to my own company?

Tax collected at source (TCS) is applicable on all remittances made under the Liberalised Remittance Scheme (LRS), as per the Income Tax Act, 1961.

24 Mar 2025 1:20 pm
Fast and furious: Early-stage startups tweak supply chain operations as they shift to quick commerce lane

Quick commerce is a great channel for new-age consumer companies as it provides them access in a much bigger way without having to set up their own offline distribution centres in every place.

24 Mar 2025 12:53 pm
Transforming innovators growth platform: Indias path to escaping the middle-income trap

The World Development Report 2024 indicates that India risks stagnation in productivity, hindering its transition to high-income status. The innovators growth platform aims to support tech firms but faces challenges, limiting its effectiveness compared to China and Hong Kong markets.

24 Mar 2025 12:51 pm
Credit card wars: Will ICICI unseat HDFC Infinia with Emerald Private Metal?

ICICI Banks iShop platform is offering premium cardholders accelerated rewards. But without a strong transfer partner ecosystem, can it really shake up the premium card hierarchy?

24 Mar 2025 12:41 pm
BirlaNu plans $150 mn investment in three years to revive growth

Delhi-based BirlaNu's revenue and profitability fell for two consecutive financial years 2023 and 2024. It's now looking to expand manufacturing capacities and pursue inorganic growth opportunities.

24 Mar 2025 9:52 am
NYC skincare brand Ordinary sells dozen eggs under $4cheaper than grocery stores; stuns internet: Ridiculous, smart

Skincare company The Ordinary has set off a social media frenzy after a customer posted a receipt for a dozen eggs retailed at under $4 at their New York store. Here's whether this sale is legit and how netizens reacted.

24 Mar 2025 9:48 am
Ex-Citigroup Asia Managing Director Shaw Sues Bank in Hong Kong

Philip John Shaw, a former head of Pan-Asia Execution Services at Citigroup Inc., sued the US bank to contest his summary dismissal in March 2019, after other ex-sales traders filed similar claims with the citys employment tribunal earlier this month.

24 Mar 2025 9:00 am
ACME Solar plans up to 35,000 cr capex by 2027 to boost renewable capacity threefold

About 75-80% of the capex will be funded through debt and the rest 20-25% will be equity funding, including internal accruals

24 Mar 2025 6:00 am
India is a $100 billion travel opportunity, says Global Hotel Alliance CEO

Unfazed by an economic downturn, Indian travellers are fuelling a surge in premium international travel, steadily closing the $100 billion spending gap with China on outbound tourism, says Chris Hartley of GHA

24 Mar 2025 6:00 am
Companies News Today Live Updates on March 24, 2025: Nano giants: Niche tech firms fuel Indias next GCC wave

Companies News Today Live Updates on March 24, 2025: Get the latest updates on the company's financial performance, strategic acquisitions, and market shifts. Explore detailed insights on mergers, acquisitions, financial results, and leadership changes that are shaping the business landscape across industries.

24 Mar 2025 5:30 am
Companies News Today Live Updates on March 24, 2025: How Sanjiv Bajaj plans leadership transition, succession at Bajaj Finserv

Companies News Today Live Updates on March 24, 2025: Get the latest updates on the company's financial performance, strategic acquisitions, and market shifts. Explore detailed insights on mergers, acquisitions, financial results, and leadership changes that are shaping the business landscape across industries.

24 Mar 2025 5:30 am
70-hour work week pays off? This Indian IT firm leads in H-1B Visas approvals

USCIS data showed that in 2024 Indian-origin tech companies secured one-fifth of all H-1B visas issued by the US

23 Mar 2025 10:14 pm
Blaze Reported at Nigerian Gas Line in Area Under Emergency Rule

A gas pipeline caught fire overnight in Nigerias Rivers State, the third incident in a week at facilities in an oil-rich region thats under emergency rule.

23 Mar 2025 9:05 pm
Aston Martin to extend life of ICE models as global EV demand cools

Global automakers have been reassessing their original plans to transition completely to EVs as growth slows. In the US, EV sales rose over 7% on-year in 2024 compared with 50% in 2023. EV sales in Europe declined 1.8% in 2024.

23 Mar 2025 6:04 pm
India has played critical role in growth story of California almonds: senior ABC official

India has played critical role in growth story of California almonds: senior ABC official

23 Mar 2025 5:35 pm
Minister Manohar Lal reviews Odisha's power sector at a meeting in Bhubaneswar

Union Minister of Power and Housing and Urban Affairs, Manohar Lal held a detailed review meeting with senior officials of the government of Odisha on the state's power sector development on Sunday in the state capital Bhubaneswar.

23 Mar 2025 4:35 pm
Tech Mahindra reacts as Gujarat techie detained in Qatar over data theft charges. Here's what the company said

Amit Gupta, a senior employee at Tech Mahindra, has been detained in Qatar for three months on unverified data theft charges. His family maintains his innocence, and Tech Mahindra is in close contact with authorities and providing necessary support.

23 Mar 2025 4:19 pm
Sinopec's 2024 net profit plunges 16.8% due to falling oil prices, NEVs

SINOPEC-RESULTS/:Sinopec's 2024 net profit plunges 16.8% due to falling oil prices, NEVs

23 Mar 2025 3:46 pm
Reeves Says UK to Cut 10,000 Civil Service Jobs Ahead of Key Speech

The UK government will aim to slash the number of civil servants by 10,000, Chancellor of the Exchequer Rachel Reeves said ahead of Wednesdays key statement on the public finances.

23 Mar 2025 3:29 pm
Sinopec Reports Slump in Full-Year Profit as Headwinds Mount

Sinopecs full-year profit tumbled 16% amid sluggish demand, with Chinas oil consumption likely nearing a peak.

23 Mar 2025 2:32 pm
Navigating GST registration hurdles: What freelancers and small businesses should know

Freelancers and small business owners may find GST registration more complex than anticipated. Requests for additional documents could complicate matters. Here's how you can navigate the GST maze and avoid costly delays.

23 Mar 2025 2:14 pm
Does delaying your property sale to April give you more time for tax payment?

Sold a property but receiving payments in instalments? Know when your capital gains tax is due and how sale timing impacts your advance tax liability.

23 Mar 2025 2:07 pm
Boeing hands pink slips to 180 employees in India as part of global workforce reduction

Boeing has laid off up to 180 employees in Bengaluru as part of a global workforce reduction. Despite challenges, the company remains focused on customer service while also creating new positions. Meanwhile, Boeing won a contract for a new U.S. Air Force fighter jet, boosting its shares.

23 Mar 2025 12:36 pm
The wealth trap: Why more money doesnt always mean more happiness

The relentless pursuit of money can lead to a life spent accumulating rather than living. Real success lies in striking a balanceusing wealth to create happiness, not just more wealth.

23 Mar 2025 12:19 pm
Meta considers subscription model for Facebook in UK after nod to stop targeted ads based on personal data

In response to a landmark case regarding data privacy, Meta is considering a subscription model for UK Facebook users, potentially ending personalized ads. This shift follows a settlement with human rights campaigner Tanya OCarroll, who challenged Meta's use of personal data for targeted advertising.

23 Mar 2025 12:01 pm
These LinkedIn challengers created a buzz. Now theyre figuring out a business.

Startup networking platforms have managed a sizable following in just a few years. But is that enough to become a LinkedIn alternative for startups?

23 Mar 2025 10:21 am
Nikhil Kamath shares adorable video featuring Bill Gates and Sachin Tendulkar: Growing into something else

The video shows Sachin and Bill Gates enjoying as they play crennis, a mix between cricket and lawn tennis. The duo is also seen playing traditional cricket. It is now learnt that Nikhil Kamath's WTF podcast team shot the video.

23 Mar 2025 10:10 am
Chef of Louise Fame Strikes Out With New French Restaurant in Hong Kong

Franckelie Laloums Lala serves up restrained and elegant French classics.

23 Mar 2025 8:08 am
Companies News Today Live Updates on March 23, 2025: Jeff Bezos to marry Lauren Sanchez on THIS date? Wedding invites out! Here's what we know

Companies News Today Live Updates on March 23, 2025: Get the latest updates on the company's financial performance, strategic acquisitions, and market shifts. Explore detailed insights on mergers, acquisitions, financial results, and leadership changes that are shaping the business landscape across industries.

23 Mar 2025 7:01 am
UK Hopes of Fast EU Defense Deal Fade on Weapons Fund Access

The UKs limited access to the European Unions new 150 billion ($162 billion) weapons fund has raised concerns that Prime Minister Keir Starmer wont be able to secure a breakthrough defense pact with Brussels by May.

23 Mar 2025 2:08 am
A flyer says a United Airlines pilot forcibly removed him from an airplane bathroom. Now he is suing

A flyer says a United Airlines pilot forcibly removed him from an airplane bathroom. Now he is suing

23 Mar 2025 1:33 am