MUMBAI : State-run lenders, including Canara Bank, Bank of Baroda, Bank of Maharashtra and Bank of India, are preparing to tap the debt market through infrastructure bonds in early March, but are holding off the issuances as they wait for borrowing costs to ease, three debt merchant bankers aware of the discussions told Mint. This…
NEW DELHI: A Niti Aayog study on decarbonizing India’s transport sector published earlier this week called for congestion pricing to disincentivize private vehicle ownership. Congestion pricing is a strategy to charge vehicle drivers a fee to enter high-traffic urban areas during peak hours. Developed economies including Singapore, the US and the UK have implemented this…
“Say it with respect for the audience and say it in a context that the audience can understand” — legendary advertising icon Piyush Pandey used to say to underscore the importance of audience connection. The essence of this idea is highlighted in marketing veteran Rajesh Kumar’s book, Decoding B2B Marketing, which is a visual-first guide…
NEW DELHI/MUMBAI: The Supreme Court on Friday ruled that telecom spectrum is a “material resource of the community” and cannot be treated as an ordinary asset under the Insolvency and Bankruptcy Code (IBC) to repay lenders in the insolvency proceedings of Aircel and Reliance Communications (RCom). A bench comprising Justice P.S. Narasimha and Justice Atul…
Of India’s top 30 companies, 25 that have reported the impact of the amended labour regime suffered a nearly ₹12,000-crore blow to their December quarter profits, a Mint analysis showed. The rules mandate higher social security contributions from both employers and employees, and also increase retirement benefits. While the provisions stemming from the labour code…
Mumbai: The Reserve Bank of India (RBI) on Thursday proposed norms barring recovery agents from going too far in their pursuit of a defaulting borrower. The regulator said that neither the bank’s employee, nor the recovery agent should engage in any harsh methods to recover dues. Use of abusive language, sending inappropriate messages either on…
India’s top six IT services firms shed a staggering ₹4.14 trillion in market cap since 1 January, as fears of artificial intelligence wiping out top tech projects battered India’s IT outsourcers. Compounding the fear was a high number of new jobs in the US, reported late on Wednesday, which slashed hopes of an early interest…
As many as 15 original Hindi films grossed more than ₹100 crore each last year compared with six in 2024. Action-drama Dhurandhar ( ₹894.45 crore) was the highest grosser of the year, followed by period drama Chhaava ( ₹600.1 crore), romantic film Saiyaara ( ₹337.8 crore) and the dubbed Hindi versions of mythological epics Kantara:…
The Union budget for FY27 has allocated ₹20,000 crore for carbon capture, a move expected to benefit steelmakers the most. The government is positioning the scheme as a potential safeguard against the EU’s Carbon Border Adjustment Mechanism (CBAM), which imposes extra taxes on carbon-intensive imports. CBAM came into effect on 1 January 2026. In 2025,…
As American sanctions on Venezuela end, Caracas may dispatch to India and the US 400,000 barrels per day that it now sends to Beijing, three people aware of the matter said. New Delhi, the world’s third-largest oil buyer, used to purchase 400,000 bpd from Venezuela until the US imposed sanctions in 2020. “China was importing…