Mint Business News - Official Channel
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Mint Business News - Official Channel
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115K subscribers
Mint Business News - Official Channel
https://www.livemint.com/companies/news/hdfc-bank-reports-18-growth-in-q3-profit-recasts-0-5-of-loan-book-11610798127260.html
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HDFC Bank reports 18% growth in Q3 profit, recasts 0.5% of loan book
HDFC Bank’s asset quality improved in the December quarter with gross bad loan ratio or the percentage of bad loans to total advances declining 61 bps y-o-y to 0.81%
Mint Business News - Official Channel
https://www.livemint.com/news/india/covid19-vaccination-in-india-day-1-over-1-6-lakh-people-inoculated-3-351-sessions-held-says-govt-11610804057599.html
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Covid-19 vaccination in India Day 1: Over 1.9 lakh people inoculated, 3,351 sessions held, says govt
Total vaccinators involved across India were 16,755.The government also said that COVID-19 vaccination drive was successful on Day 1. No case of post-vaccination hospitalisation reported so far
Mint Business News - Official Channel
https://www.livemint.com/companies/start-ups/pm-modi-announces-rs-1-000-crore-seed-fund-for-startups-11610808801006.html
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PM Modi announces ₹1,000 crore seed fund for startups
The Startup India initiative was launched five years back.Despite the pandemic-led disruption, 11 startups turned unicorns in 2020, with over 30 startups in India today valued at over $1 billion, Modi said
Mint Business News - Official Channel
https://www.livemint.com/money/personal-finance/five-things-you-must-know-while-transferring-a-car-loan-to-another-lender-11610549908258.html
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Five things you must know while transferring a car loan to another lender
The eligibility criteria for a car loan balance transfer vary from lender to lender.To get your car loan transferred smoothly, you need to submit a loan statement from your current lender with details about the outstanding principal and interest amount, tenure…
Mint Business News - Official Channel
https://www.livemint.com/market/stock-market-news/after-dizzying-gyrations-what-s-bitcoin-really-worth-11610861340066.html
mint
After dizzying gyrations, what's bitcoin really worth?
The virtual currency barrelled to new highs to rise more than 400% over the past year, before promptly sliding some 20% and then settling around $36,000
Mint Business News - Official Channel
https://www.livemint.com/market/ipo/irfc-indigo-paints-ipos-to-open-this-week-key-this-to-know-11610863583418.html
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IRFC, Indigo Paints IPOs to open this week. Key things to know
Post issue, the shareholding of government in IRFC will fall to 86.4% as compared to 100% earlier.The price band in Indigo Paints IPO has been set at ₹1,488-1,490 a share for its initial share-sale
Mint Business News - Official Channel
https://www.livemint.com/news/india/aadhaar-pvc-card-offers-instant-offline-identity-verification-via-qr-code-scan-11610871700947.html
mint
Aadhaar PVC card offers instant offline identity verification via QR code scan
UIDAI allows residents of India to get their Aadhaar letter reprint on PVC card by paying nominal charges of ₹50.
Mint Business News - Official Channel
https://www.livemint.com/market/mark-to-market/dstreet-investors-keep-one-eye-on-earnings-one-eye-on-pace-of-vaccination-11610872270374.html
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D-Street investors keep one eye on earnings, one eye on pace of vaccination
The mood of equity markets this week is likely to be driven by two factors—December quarter corporate earnings and pace of large-scale vaccination.In a run-up to the Union Budget, hopes and expectations from the Budget could keep the market's mood jittery
Mint Business News - Official Channel
https://www.livemint.com/news/india/uk-invites-pm-modi-to-attend-g7-boris-johnson-to-visit-india-before-summit-11610876259736.html
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UK invites PM Modi to attend G7, Boris Johnson to visit India before Summit
UK Prime Minister Boris Johnson is also likely to visit India ahead of the G7 Summit, after a scheduled visit for Republic Day this month was called off due to the Covid-19 crisis
Mint Business News - Official Channel
https://www.livemint.com/companies/news/10-bn-is-a-great-milestone-puts-us-in-league-of-big-10-services-firms-hcl-ceo-11610877454528.html
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$10 billion milestone puts us in league of big 10 services firms: HCL CEO
''We are constantly looking for new locations to grow. Even in India if you look in the last four years, we have created four new locations in Madurai, Lucknow, Nagpur and Vijaywada - what we call New Vistas and these have grown significantly.''
Mint Business News - Official Channel
https://www.livemint.com/news/india/bank-credit-grows-3-2-in-1st-nine-months-of-fy21-11610884619660.html
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Bank credit grows 3.2% in 1st nine months of FY21
Bank deposits rose 8.5% to ₹147.27 lakh crore in the April-December 2020 period as against an increase of 5.1% a year ago, according to the recent data released by the RBI
Mint Business News - Official Channel
https://www.livemint.com/news/india/jnpt-plans-to-attract-4-000-cr-investment-to-generate-72-600-direct-jobs-11610885652815.html
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JNPT plans to attract ₹4,000 cr investment, to generate 72,600 direct jobs
The JNPT SEZ is planned to generate total employment with multiplier effect to the tune of 1,50,000.Housing requirement generated from the SEZ development will be catered by the housing schemes planned by JNPT and CIDCO around SEZ site
Mint Business News - Official Channel
https://www.livemint.com/news/india/covid19-vaccine-drive-2-24-lakh-people-received-jab-in-india-so-far-11610890900221.html
mint
COVID-19 vaccine drive: 2.24 lakh received jab so far; 447 cases of adverse events reported
The vaccination sessions were only conducted by six states on the second day of the drive.Among the beneficiaries, 447 people reported suffering from AEFI
Mint Business News - Official Channel
https://www.livemint.com/news/india/govt-procures-paddy-worth-1-06-lakh-cr-so-far-this-kharif-season-11610896146280.html
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Govt procures paddy worth ₹1.06 lakh cr so far this kharif season
The government has procured 25% more paddy so far in this kharif marketing season at 564.17 lakh tonnes for ₹1,06,516 crore amid farmers' protest against three new farm laws
Mint Business News - Official Channel
https://www.livemint.com/market/ipo/indian-railway-finance-corporation-irfc-ipo-subscription-allotment-listing-date-details-11610937627079.html
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IRFC IPO fully subscribed on strong retail demand: 10 things to know
Indian Railway Finance Corporation (IRFC) IPO: The company is issuing shares at a price band of ₹25 to ₹26..The lot size in IRFC IPO is 575
Mint Business News - Official Channel
https://www.livemint.com/companies/news/hdfc-bank-expects-e-banking-outage-remedies-in-12-weeks-11610962781981.html
mint
HDFC Bank submits blueprint to RBI on plugging e-banking outages
The bank expects its strategies to take shape in 10-12 weeks, following which it will request an inspection by the regulator
Mint Business News - Official Channel
https://www.livemint.com/market/mark-to-market/as-dhfl-s-fate-gets-sealed-piramal-must-guard-against-buyer-s-remorse-11610968377279.html
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As DHFL’s fate gets sealed, Piramal must beware of buyer’s remorse
Piramal’s offer is almost 60% lower than the size of DHFL’s balance sheet, say analysts.Creditors may expect to be compensated for the hit from fraudulent transactions by DHFL
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Mint Business News - Official Channel
https://www.livemint.com/technology/apps/hike-messaging-app-shuts-down-goes-off-app-stores-11610963194576.html
mint
Hike messaging app shuts down, goes off app stores
The startup valued at $1.4 billion in a 2016 funding round announced its app was going off the air earlier this month without explanation
Mint Business News - Official Channel
https://www.livemint.com/news/world/covid-lockdowns-are-spreading-a-year-after-china-shocked-the-world-11610964883615.html
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Covid lockdowns are spreading a year after China shocked the world
The U.K. is in the midst of its third nationwide lockdown as it battles a mutated strain of the coronavirus. In Australia, the recent discovery of one case in Brisbane prompted a three-day lockdown
Mint Business News - Official Channel
https://www.livemint.com/market/mark-to-market/as-idfc-first-bank-sheds-legacy-for-retail-investors-eye-faster-growth-11610087075279.html
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As IDFC First Bank sheds legacy for retail, investors eye faster growth
IDFC First Bank’s retail deposit growth has gathered speed, and retail loan growth, too, is superior.Retail loans now form 64% of the total book, while legacy infrastructure loans have been run down steadily every quarter
Mint Business News - Official Channel
https://www.livemint.com/market/stock-market-news/stocks-to-watch-mindtree-maruti-apollo-hospitals-adani-green-indiamart-11610972871093.html
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Stocks to Watch: Mindtree, Maruti, Apollo Hospitals, Adani Green, Indiamart
Suzuki Motor is developing a mid-size SUV for India, aiming to mount a bigger challenge to South Korea’s Hyundai Motor Group, which dominates this fast-growing segment. Suzuki’s unit, Maruti Suzuki, sells the S-Cross crossover