Crack in #HDFC; blood on Street | Shriram in talks to sell home finance unit for ₹5,000 cr | #LIC books ₹3,816 cr profit in 3 #Adani firms

Read today's Mint e-paper here: https://epaper.livemint.com

Here's a compilation of interesting numbers that matter!

Read the #NewsInNumbers on Mint app every weekday: https://mintiphone.page.link/Hy8V

#PMModi #Kochi #Apple #Iphone15 #China #GDP #Budget2024 #LIC #PSU #StockMarket #StocksInNews

Today's #MintMetric by Bibek Debroy!

#MintCharts | #TataConsumerProducts, formerly known as Tata Tea, recently closed two acquisitions at a combined enterprise value of about half its 2022-23 turnover.

The company ventured into F&B space with the acquisition of Tetley in 2000, followed by several beverage brands in the US, South Africa, Poland and India in 2005-07. In 2020, it rejigged operations to enhance the sector. Backed by these F&B M&As, the share price of the firm has seen massive surge since 2000.

#BudgetExpectation #BudgetWithMint #Budget2024

#Global500Rankings | Indian brands are pushing the bar with Tata, Infosys, LIC, HDFC, Reliance Group, Airtel, HCL Tech, SBI, Wipro, Mahindra Group, Jio, L&T, Indian Oil, Crédit Agricole, & Bajaj Group were the companies among Indian companies making their place in the Brand Finance Global 500 2024 report.

Read here: https://www.read.ht/RiNq

Alphabet-owned #Google will reportedly sack more employees in the current calendar year, CEO #SundarPichai told employees in a memo.

Google CEO told his staff that the job cuts will focus "on removing layers to simplify execution and drive velocity in some areas".

Read here: https://www.read.ht/RiSA

Over 70% of Indian retailers plan to adopt #GenAI over the next 12 months, with a majority of them using it to improve customer experience, drive innovation and lower costs, according to a survey released by EY.

Read here: https://www.read.ht/RiST

Navigate the complexities of the Union Budget with Mint! 💼 🌱

Mint brings to you:
🕒Exclusive & fast market updates!
🌐Expert insights from top economists and analysts!
📌Real-time analysis of crucial budget announcements!

Get all the latest updates for the upcoming Budget at https://htmedia.page.link/ReWX

#Budget2024 #IndAISurge #LiveMint #News #BudgetWithMint #ThinkAheadThinkGrowth

Get ready for the 2024 Interim Budget with exclusive Mint tools and coverage! Your journey to decoding the Budget begins here: https://htmedia.page.link/L7Gp

👥 Stay informed with expert opinions by industry leaders, providing you with valuable perspectives.
📩 Subscribe to our personalized Budget Summary for deep insights delivered straight to your inbox.
💼 Checkout tips and tricks to boost your trading skills with exclusive Trading Strategies, tailored for your financial growth.
🧠 Participate in the Daily Budget Quiz and get a chance to win iPhone 15 & Boat Smartwatches!
🗳️ Share your opinions in the Daily Budget Poll, be a part of the conversation, and make your voice heard.

#UnionBudget2024 #BudgetwithMint #IndAISurge #BudgetNews #Finance #Budget #LiveMint

FPIs’ bear flip could maul markets more | I-Sec shareholders cry foul, delisting plan sparks storm | DesignCafe on sale, may merge with larger peer

Read today's Mint e-paper here: https://epaper.livemint.com

#MintCharts | A recent survey by Pratham, a non-profit organisation, shows that India's youth are struggling with basic reading and numeracy skills.

These include reading simple English sentences and performing maths tasks such as a division problem or calculating time. About 25% of the rural youth cannot read basic text in their own tongue, the survey showed.

Today's #MintMetric by Bibek Debroy!

‘Raising domestic capital funds and retention of talent’ are a few measures that can strengthen the Indian startups, Infosys co-founder N R Narayana Murthy said in his latest speech at T N Chaturvedi Memorial Lecture 2024, Business Standard said in ts report.

https://www.livemint.com/companies/start-ups/from-importance-of-learning-english-to-retaining-talent-infosys-narayana-murthy-shares-advice-for-indian-startups-11705635713020.html

#PersonalFinance | One of India’s leading asset management companies (AMCs)—HDFC AMC has secured approval to start six feeder funds in #GIFTCity (IFSC) that will in turn invest in its domestic mutual fund (MF) schemes.

The feeder funds will be structured as Category III AIFs, or alternative investment funds.

Read here: https://read.ht/Rij1

#PersonalFinance | Whether you are planning overseas travel or want to send money abroad, it is always a good idea to shop around for the best #forex exchange rate.

Here's a list of INR to USD forex rates offered by some of the major banks & travel aggregators.

#PersonalFinance | Porting can only occur within the same insurer as the group insurer; an employee cannot switch to a new insurer upon leaving the group.

Got a question? #AskMint

https://www.livemint.com/money/personal-finance/can-i-port-my-group-insurance-plan-into-an-individual-policy-11705596734054.html

Gradually but surely, #EPACKDurable IPOs retail portion is getting closer to being full booked.

As of day 1, the #EPACKDurableIPO subscription status is 45%, so far at 14:00. EPACK Durable IPO has opened for subscription on Friday & will close on Tuesday, January 23.

Read here: https://www.read.ht/Rik9

#PersonalFinance | Three mutual fund schemes, Quant Flexi Cap Fund, Parag Parikh Flexi Cap Fund, and JM Flexicap Fund, delivered over 20 percent CAGR return in the past five years, according to AMFI data.

https://www.livemint.com/mutual-fund/top-7-flexi-cap-mutual-funds-18-annualised-return-quant-flexi-cap-fund-parag-parikh-flexi-cap-fund-jm-flexicap-fund-11705590478596.html

#Hyundai India informed that it has acquired #GeneralMotor's Talegaon plant in Maharashtra.

A Memorandum of Understanding (MoU) was signed between India's second-largest automaker's CEO Un Soo Kim and Maharashtra's Industries Minister Uday Samant in Davos. Hyundai Motor India Ltd has committed to invest ₹6,000 crore in Maharashtra.

Read here: https://www.read.ht/RimN

#HindustanUnileverLimited announced its October-December quarter results for fiscal 2023-24 (#Q3FY24), reporting a rise of 17.3% in standalone net profit at ₹2,519 crore, compared to ₹2,505 crore in the year-ago period.

Read here: https://www.read.ht/Rim1