New Delhi [India], June 19 (ANI): India’s Auto industry could fall behind in the global race if it doesn’t fix serious internal execution problems, according to a new study by Vector Consulting Group. The report warns that automakers and suppliers must change how they work together to meet the challenges of the coming decade, especially…
Novo Nordisk filed for two patent applications in India—in 2006, which expired in September 2024, and another in 2007, which is set to expire in March 2026. Dr. Reddy’s has challenged the second patent, contending that it lacks novelty. Pharma companies often file follow-on patents with claims of modifications to the original compound and its…
West Bengal’s theatrical business has received a boost lately after going back to doing what it does best: family films. This is while films in most other languages have put up a mixed box office show over the past few months, ranging from inconsistent (Tamil, Telugu) to disastrous (Hindi). Even though cinemas in the state…
HDFC Bank Ltd’s human resources head Vinay Razdan has quit after a nearly seven-year stint at India’s largest private sector lender. This comes two months after Mint reported that Razdan, chief human resource officer, was leaving. In April, a spokesperson for HDFC Bank said that the bank does not “comment on speculation” and requested “the…
The reinsurer posted a net profit of ₹6,701 crore for FY25, higher than ₹6,497 crore in the previous year. Earned premium for the year stood at ₹36,130 crore compared to ₹33,576 crore in FY24. Combined ratio, a profitability metric that indicates whether an insurer is making an underwriting profit or loss, improved to 108.8% for…
Israel and Iran are locked in a major conflict that has shown no signs of de-escalating in the past three days. The brunt of the crisis was first borne by crude oil prices, with Brent crude futures jumping 7% on Friday to $74.2 per barrel. While India is vulnerable to crude oil prices as it…
Costly multiplex tickets and refreshments and release of only a handful of tentpole movies continue to hurt Bollywood business, with the first half of calendar 2025 expected to see a meagre 10-20% increase in revenue over the same period a year ago, trade experts said. But for the few big-ticket releases, the Hindi film business…
HANOI, Vietnam (AP) — Indonesia’s coal industry is facing mounting pressure and should diversify as China and India, its biggest customers, cut back on imports of the heavily polluting fossil fuel, according to a report from a Jakarta-based energy thinktank, Energy Shift. The report released Tuesday says that the industry, which accounts for about 3.6%…
Mint explains why the BCI set up the committee and what its recommendations could mean for the future of India’s legal sector. Why was the committee formed? The committee was formed following the BCI’s notification on 13 May of new rules that allow foreign lawyers and law firms to advise on foreign law, international law…
New Delhi: Several Indian ministries on Tuesday discussed the roadmap for implementing the proposed Corporate Average Fuel Efficiency (CAFE) III norms, set to take effect from 2032. The Union ministries of power, road transport, heavy industries, and petroleum met to strengthen the regulatory framework and reduce carbon emissions of four-wheeler vehicles, Union power minister Manohar…