#AlibabaGroup Holding Ltd. is calling off an initial public offering for its Cainiao logistics arm, shelving a much-anticipated debut that could have raised more than $1 billion.
Read here: https://www.read.ht/SUkN
Read here: https://www.read.ht/SUkN
mint
Alibaba calls off $1 billion IPO for Cainiao amid market slump
Alibaba, which is China’s e-commerce pioneer, has decided to postpone the transaction because of poor market conditions, sources told Bloomberg
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#PersonalFinance | Axis Bank's recent devaluation of its credit cards, notably the Magnus card, has sparked discontent among customers, leading some to contemplate moving their banking affairs to other institutions.
(Shipra Singh & Shashwat Mohanty report)
Read here: https://www.read.ht/SUld
(Shipra Singh & Shashwat Mohanty report)
Read here: https://www.read.ht/SUld
mint
Devaluations are normal. So, why is it hurting Axis credit card holders?
Without the benefits offered earlier, these cards are not worth the hefty annual fees charged.
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#PersonalFinance | Bank fixed deposits (FDs) continue to be popular investment products not just among senior citizens who are looking for guaranteed income, but also among investors who can't stomach risks.
Here is a list of banks that offer the highest #FD rates for deposits up to ₹1 crore over various tenures.
Here is a list of banks that offer the highest #FD rates for deposits up to ₹1 crore over various tenures.
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India’s youth continue to grapple with soaring #unemployment rates, with nearly 83% of the jobless population belonging to this demographic, as per the India Employment Report 2024
Read here: https://www.read.ht/SUnW
Read here: https://www.read.ht/SUnW
mint
Unemployment crisis: 83% of jobless Indians are youth, says International Labour Organisation Report
As per the ILO report, the proportion of educated youth (with at least secondary education), who are unemployed, has nearly doubled to 65.7 percent in 2022 from 35.2 percent in 2000.
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#Microsoft has appointed Pavan Davuluri, an alumnus of the prestigious IIT Madras, to spearhead the development efforts for both Windows and Surface.
Read here: https://www.read.ht/SUo1
Read here: https://www.read.ht/SUo1
mint
IIT Madras's Pavan Davuluri takes charge of Microsoft Windows, Surface teams
Microsoft reunites Windows & Surface teams under Pavan Davuluri, boosting stock. The move signals a return to a unified approach for hardware & software, aiming for tighter integration and a more seamless user experience.
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#MintPodcast 🎙️| A snowballing governance nightmare for corporate India?
#TopOfTheMorning is a daily podcast in which we bring you all the action from the global markets and the business world to kick-start your day on a well-informed note.
Listen in 👇
https://www.read.ht/SVFC
#TopOfTheMorning is a daily podcast in which we bring you all the action from the global markets and the business world to kick-start your day on a well-informed note.
Listen in 👇
https://www.read.ht/SVFC
Spotify
A snowballing governance nightmare for corporate India?
Top of the Morning · Episode
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Tweak in rule brings relief to banks, AIFs | #CarDekho looks to raise $100-150 mn | Over 2 dozen directors pull candidatures during vote
Read today's Mint e-paper here: https://epaper.livemint.com
Read today's Mint e-paper here: https://epaper.livemint.com
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Here's a snapshot of financial markets for you.
Read the #MintNewsletter: https://www.livemint.com/mint-top-newsletter/minttopofthemorning.html
Read the #MintNewsletter: https://www.livemint.com/mint-top-newsletter/minttopofthemorning.html
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Here's a compilation of interesting numbers that matter!
Read the #NewsInNumbers on Mint app every weekday: https://mintiphone.page.link/Hy8V
#ApolloPipes #ApolloGroup #IPO #GujratTitans #ShubmanGill #ChennaiSuperKings #IPL2024
Read the #NewsInNumbers on Mint app every weekday: https://mintiphone.page.link/Hy8V
#ApolloPipes #ApolloGroup #IPO #GujratTitans #ShubmanGill #ChennaiSuperKings #IPL2024
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#StocksToWatch | Here are top stocks that could be in focus today!
Read here: https://www.read.ht/SVFH
Read here: https://www.read.ht/SVFH
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#MintCharts | India retained its top position among major emerging markets (EMs) in the February edition of Mint’s monthly EM tracker, buoyed by robust domestic growth and a sharp rebound in exports.
The rupee’s performance against the US dollar, while modest, outshone that of its peers, as did the achievements of the domestic stock market.
India’s solid standing is particularly advantageous for the Modi government as it approaches the Lok Sabha elections.
The rupee’s performance against the US dollar, while modest, outshone that of its peers, as did the achievements of the domestic stock market.
India’s solid standing is particularly advantageous for the Modi government as it approaches the Lok Sabha elections.
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#PersonalFinance | P2P lenders have temporarily frozen liquid schemes amid increased RBI scrutiny and to promote longer lock-in periods, reflecting ambiguity in P2P operations & concerns over asset-liability mismatch
(Sashind Ningthoukhongjam writes)
Read here: https://www.read.ht/SVGM
(Sashind Ningthoukhongjam writes)
Read here: https://www.read.ht/SVGM
mint
Why liquid schemes of P2P lenders are set to hibernate
Decision to temporarily freeze these schemes comes in the wake of increased scrutiny by RBI.
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#Mint20BestFunds | We have hand-picked 20 #mutualfunds for your portfolio that have jumped through hoops of good returns, low risk, good portfolio hygiene and our own qualitative research.
#PersonalFinance
#PersonalFinance
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The second-hand car industry has gained significant traction among women buyers in recent years. According to the used car retailing platform Spinny, women accounted for 46% of the share in the used-car sales in March this year.
(Mansi Jaswal reports)
Read here: https://www.read.ht/SVO0
(Mansi Jaswal reports)
Read here: https://www.read.ht/SVO0
mint
Women account for 46% of used cars sales in March this year; Kwid, i10 emerge top choice: Spinny
Delhi-NCR witnessed the maximum rise in women purchasing second-hand cars at 48%
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Jailed gangster-turned-politician, Mukhtar Ansari died due to cardiac arrest on Thursday after he was admitted to a hospital in Uttar Pradesh's Banda district because of his health condition.
He was rushed to the hospital in an unconscious state after he complained of vomiting.
Read here: https://www.read.ht/SVgO
He was rushed to the hospital in an unconscious state after he complained of vomiting.
Read here: https://www.read.ht/SVgO
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With sterling gains, markets close FY24 | Consultancy firms see rise in poaching amid war for talent | Al Gore firm, CapitaLand eye Radiance acquisition
Read today's Mint e-paper here: https://epaper.livemint.com
Read today's Mint e-paper here: https://epaper.livemint.com
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#MintCharts | #Mumbai has surpassed #Beijing as Asia's new billionaire capital, the latest edition of the Hurun Rich List 2024 shows.
The financial hub of India boasts of 92 billionaires, as compared to Beijing's 91. Meanwhile, New Delhi also broke into the top 10 cities list for the first time.
The financial hub of India boasts of 92 billionaires, as compared to Beijing's 91. Meanwhile, New Delhi also broke into the top 10 cities list for the first time.
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