For FY22, H&M India, which operates 51 stores, posted revenue of ₹2,115.18 crore, up 49% from a year ago, while its profit rose to ₹25.29 crore, according to data by business intelligence platform Tofler.
Read here: https://www.livemint.com/companies/news/hm-india-bets-on-omnichannel-model-to-expand-footprint-11688489117694.html
Read here: https://www.livemint.com/companies/news/hm-india-bets-on-omnichannel-model-to-expand-footprint-11688489117694.html
While approval ratings for #RishiSunak's Labour opponent #KeirStarmer also fell by 2 percent, they still remained positive at 7 percent.
Read here: https://www.livemint.com/news/world/uk-pm-rishi-sunaks-approval-ratings-plunge-into-negative-for-the-first-time-since-taking-office-11688517740205.html
Read here: https://www.livemint.com/news/world/uk-pm-rishi-sunaks-approval-ratings-plunge-into-negative-for-the-first-time-since-taking-office-11688517740205.html
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The white powder substance was discovered in the West Wing of the #WhiteHouse.
https://www.livemint.com/news/world/cocaine-found-at-the-us-white-house-joe-biden-presidential-complex-all-you-need-to-know-11688521848109.html
https://www.livemint.com/news/world/cocaine-found-at-the-us-white-house-joe-biden-presidential-complex-all-you-need-to-know-11688521848109.html
mint
White House shut as Cocaine found in areas frequented by Joe Biden; All you need to know
Cocaine found in the US Presidential complex led to the temporary closure of the White House. The substance was determined to be non-hazardous.
Media is too big
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We are super excited to launch our campaign #AskBetterQuestions with this film about a CXO's journey from targets to targeted insights 👏
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Watch now!
#Mint #LiveMint #ThinkAheadThinkGrowth
#Threads, the recently introduced microblogging app by #Meta, is the new platform that will enter the market as a direct rival to #Twitter.
https://www.livemint.com/technology/metas-threads-app-sparks-privacy-concerns-with-data-access-permissions-whats-the-buzz-11688531598228.html
https://www.livemint.com/technology/metas-threads-app-sparks-privacy-concerns-with-data-access-permissions-whats-the-buzz-11688531598228.html
mint
Meta's Threads app sparks privacy concerns with data access permissions. What's the buzz?
Meta's new microblogging app, Threads, is set to rival Twitter. However, concerns are being raised about the permissions and data access required by the app. Twitter's co-founder, Jack Dorsey, expressed reservations, and Elon Musk also commented on the issue.
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Union Minister #NitinGadkari emphasized on the government's vision to transform farmers into both "annadata" (food providers) and "urjadata" (energy providers).
https://www.livemint.com/politics/news/petrol-will-be-available-at-the-rate-of-15-per-litre-if-says-union-minister-nitin-gadkari-11688532105829.html
https://www.livemint.com/politics/news/petrol-will-be-available-at-the-rate-of-15-per-litre-if-says-union-minister-nitin-gadkari-11688532105829.html
mint
‘Petrol price will be at ₹15 per litre if..’, says Union minister Nitin Gadkari
Union Minister Nitin Gadkari emphasized the Centre's vision of transforming farmers into both food and energy providers. Gadkari also mentioned that if 60% ethanol and 40% electricity are used, petrol would be available at ₹15 per litre, reducing pollution…
Last year, reports emerged of amorous couples misusing the secluded space near Court 12, causing discomfort for other visitors.
Read here: https://www.livemint.com/sports/wimbledon-asks-fans-to-use-quiet-room-for-prayer-breastfeeding-not-sex-11688536148490.html
Read here: https://www.livemint.com/sports/wimbledon-asks-fans-to-use-quiet-room-for-prayer-breastfeeding-not-sex-11688536148490.html
#RakeshJhunjhunwala invested through his privately-owned investment advisory and asset management firm Rare Enterprises. After his death, #RekhaJhunjhunwala inherited the portfolio.
https://www.livemint.com/market/stock-market-news/rakesh-jhunjhunwala-birth-anniversary-how-the-big-bulls-portfolio-looks-like-almost-a-year-after-his-demise-11688538911577.html
https://www.livemint.com/market/stock-market-news/rakesh-jhunjhunwala-birth-anniversary-how-the-big-bulls-portfolio-looks-like-almost-a-year-after-his-demise-11688538911577.html
mint
Rakesh Jhunjhunwala Birth Anniversary: How the Big Bull's portfolio looks like almost a year after his demise
Rakesh Jhunjhunwala invested in several companies across sectors under his name and his wife's name Rekha Jhunjhunwala. He also invested through his privately-owned investment advisory and asset management firm Rare Enterprises. After his death, Rekha Jhunjhunwala…
Delhi HC Justice Tara Vista Ganju said that the aircrafts of the lessors are valuable and require regular maintenance and to further obviate any losses.
https://www.livemint.com/companies/news/delhi-hc-allows-go-first-lessors-to-access-aircraft-carry-out-maintenance-work-11688549852977.html
https://www.livemint.com/companies/news/delhi-hc-allows-go-first-lessors-to-access-aircraft-carry-out-maintenance-work-11688549852977.html
mint
Delhi HC allows Go First lessors to access aircraft, carry out maintenance work
The aircrafts of the lessors are valuable and require regular maintenance and to further obviate any losses.
Foreign direct investment (#FDI) in developing countries in Asia remained flat year-on-year at $662 billion during 2022, despite clocking about half of global inflows, UNCTAD’s World Investment Report 2023 said.
https://www.livemint.com/economy/developing-countries-in-asia-attracted-fdi-worth-662-bn-in-2022-unctad-11688558197082.html
https://www.livemint.com/economy/developing-countries-in-asia-attracted-fdi-worth-662-bn-in-2022-unctad-11688558197082.html
mint
Developing countries in Asia attracted FDI worth $662 bn in 2022: UNCTAD
Globally, FDI declined by 12% to $1.3 trillion in 2022 after a strong rebound in 2021
The pilot program for renewing temporary work visas in the US, that will provide relief to countless Indian workers on #H1B visas, has been welcomed by an Indian community in the country.
https://www.livemint.com/news/world/h1b-visa-renewal-in-us-indian-american-tech-executive-welcomes-temporary-work-visa-rule-11688546001350.html
https://www.livemint.com/news/world/h1b-visa-renewal-in-us-indian-american-tech-executive-welcomes-temporary-work-visa-rule-11688546001350.html
mint
H1B visa renewal in US: Indian-American tech executive welcomes temporary work visa rule
A pilot program for renewing temporary work visas in the US, welcomed by the Indian community, aims to provide relief to H-1B visa holders. The program will initially include Indian nationals and expand to other eligible categories in the future.
Indian Gas Exchange (IGX) said its platform traded 16,22,100 million British thermal unit (mBtu), or around 41 million metric standard cubic meters (mmscm), of gas volumes in June.
https://www.livemint.com/market/commodities/indian-gas-exchange-igx-reports-record-gas-volumes-traded-in-june-spot-buying-interest-increases-11688559453745.html
https://www.livemint.com/market/commodities/indian-gas-exchange-igx-reports-record-gas-volumes-traded-in-june-spot-buying-interest-increases-11688559453745.html
mint
IGX traded gas volumes at over 1.62 mmBtu in June
Volumes were up 91% sequentially due to increase in spot buying interest from buyers amid correction in global gas prices.
India has hosted talks on a possible deal to supply 10 million metric tonnes of #GreenHydrogen to the European Union (EU), which in turn would invest in one such clean energy project in India.
Read here: https://www.livemint.com/economy/india-in-talks-to-supply-10-million-tonnes-of-green-hydrogen-to-eu-report-11688563430239.html
Read here: https://www.livemint.com/economy/india-in-talks-to-supply-10-million-tonnes-of-green-hydrogen-to-eu-report-11688563430239.html
#FMCG player #Marico's top-line front on a consolidated basis struggled in June 2023 quarter due to evasive demand in the rural market and pricing drop, especially Saffola Edible Oils.
https://www.livemint.com/market/stock-market-news/maricos-revenue-in-q1-dips-in-low-single-digit-expects-gross-margins-to-expand-ahead-should-you-buy-this-fmcg-stock-11688561577702.html
https://www.livemint.com/market/stock-market-news/maricos-revenue-in-q1-dips-in-low-single-digit-expects-gross-margins-to-expand-ahead-should-you-buy-this-fmcg-stock-11688561577702.html
mint
Marico's revenue in Q1 dips in low-single-digit, expects gross margins to expand ahead; should you buy this FMCG stock?
FMCG player Marico's Q1 revenue declined, while its domestic volumes grew in low-single digits, with a minor volume drop in Parachute Coconut Oil and low double-digit growth in Saffola Edible Oils.
Foreign institutional investors (#FIIs) continued their winning streak for six days in a row despite Indian markets ending on a mixed note during Wednesday's trade.
https://www.livemint.com/market/stock-market-news/fiis-stay-as-net-buyers-for-6-days-in-row-invests-rs-1-603-crore-in-indian-stocks-today-diis-sell-rs-439-crore-11688565837090.html
https://www.livemint.com/market/stock-market-news/fiis-stay-as-net-buyers-for-6-days-in-row-invests-rs-1-603-crore-in-indian-stocks-today-diis-sell-rs-439-crore-11688565837090.html
mint
FIIs stay as net buyers for 6 days in row, invests ₹1,603 crore in Indian stocks today; DIIs sell ₹439 crore
FIIs continue as net buyers for six consecutive days, while DIIs have been net sellers for three days. Sensex and Nifty 50 ended on a mixed note during Wednesday's trade.
#Opinion | #GST is designed to lower the overall cost-base by taxing only the value that’s added, relieving us of a cost pile-up as one item’s burden feeds into the next along a chain of usage.
https://www.livemint.com/opinion/online-views/relieve-gst-of-its-warps-to-regain-its-reform-cred-11688573949474.html
https://www.livemint.com/opinion/online-views/relieve-gst-of-its-warps-to-regain-its-reform-cred-11688573949474.html
mint
Relieve GST of its warps to regain its reform credentials
The great tax simplifier has not met its promise so far. GST has spurred formalization and scored its ‘one market’ goal, but it awaits a major reset to prove itself historic as a reform
India is looking to tighten wind turbines standards and the ministry of new and renewable energy is likely to announce a quality control order (QCO) soon.
https://www.livemint.com/news/india/india-to-tighten-wind-turbine-standards-with-quality-control-order-qco-to-curb-low-quality-imports-from-china-11688575406853.html
https://www.livemint.com/news/india/india-to-tighten-wind-turbine-standards-with-quality-control-order-qco-to-curb-low-quality-imports-from-china-11688575406853.html
mint
Wind turbines may see new quality rules
The government has planned QCOs for several products in sectors ranging from textiles to wind power. A QCO bars manufacturers, importers and distributors from storing or selling a product without a standard mark, except under licence from the Bureau of Indian…
#Meta's #Instagram on Wednesday officially launched #Threads, an app designed as a direct rival to #Twitter and most serious threat yet to #ElonMusk owned social-media site.
Read here: https://www.livemint.com/technology/apps/elon-musk-has-a-very-good-competitor-threads-users-say-as-meta-launches-twitter-rival-11688605539002.html
Read here: https://www.livemint.com/technology/apps/elon-musk-has-a-very-good-competitor-threads-users-say-as-meta-launches-twitter-rival-11688605539002.html
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#Amazon earlier revised its target of cumulative exports from #India from $10 billion to $20 billion by 2025 citing demand for Indian products such as toys, home textile, textiles, handicrafts, packaged foods in overseas markets.
Read here: https://www.livemint.com/companies/news/amazon-global-selling-to-surpass-8-bn-in-cumulative-exports-from-india-in-2023-11688575389778.html
Read here: https://www.livemint.com/companies/news/amazon-global-selling-to-surpass-8-bn-in-cumulative-exports-from-india-in-2023-11688575389778.html
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The #Invicto will be manufactured at Toyota Kirloskar Motor's facility in Bidadi, #Karnataka, where it also produces all variants of the #InnovaMPV.
Read here: https://www.livemint.com/auto-news/maruti-rolls-out-its-costliest-product-invicto-at-2479l-11688577439382.html
Read here: https://www.livemint.com/auto-news/maruti-rolls-out-its-costliest-product-invicto-at-2479l-11688577439382.html