Friday saw the biggest deal of the year – Mitsubishi UFJ Financial Group pouring nearly ₹40,000 crore into Shriram Finance, India’s second largest non-banking finance company, for a 20% stake – in the sector highlighting how India has emerged as a magnet for global capital chasing lenders. Strong balance sheets, regulatory support, and sustained growth…
Guidelines for Transparency in Ventilator Usage by Private Hospitals, posted on the Directorate General of Health Services website recently, and reviewed by Mint, aim to ensure that this life-saving treatment is used ethically and not as a tool for financial exploitation. “The government aims to restore trust in the private healthcare system and ensure that…
Co-lending relationships between regulated lenders such as banks and non-banking finance companies (NBFCs) on one side, and fintech firms on the other, are expected to change significantly over the next three to five years, experts said at a Mint BFSI Summit panel discussion. Speaking at the summit, Ravi Narayanan, managing director and chief executive officer…
Primarily driven by cost savings in hygiene and ease of use, the increasing adoption of m-cups has an unintended outcome: a small dent in the staggering quantum of waste that India generates every year. Some 12.3 billion disposable menstrual pads are used in India annually, according to NGO Menstrual Health Action for Impact, the majority…
One day, the flatmates suddenly realize they had volunteered to host a retro movie-themed party that night. Thanks to suggestions from their social media app, they quickly put things together. But one of them is in for a shock when she realizes her former boyfriend is also on the guest list. And waiting at the…
However, gig workers’ representatives and policy experts said these numbers actually hide job distress across the gig economy, where food delivery workers continue to work for up to 12–14 hours a day for abysmally low incomes. They said the fact the more people were engaging was in fact a consequent of rising unemployment. Despite accounting…
New Avatar leads a late year-ender show that promises to light up the box-office ₹20-30 crore on opening day. The film’s established legacy and fan base, alongside successful Bollywood films, could enhance the overall box office performance as the year concludes.”/> Source link
Such a fixation with stars is now being sated on a screen by a spate of documentaries on film celebrities and families such as The Romantics on filmmaker Yash Chopra, Angry Young Men on writer duo Salim-Javed, and Dining with the Kapoors launching on streaming platforms. The Romantics ran on Netflix, Amazon Prime Video had…
Mumbai: Google Pay has been distributing personal loans on behalf of its lending partners for several years and has now expanded its product suite to include credit cards. However, while personal loans are a third-party product, the credit card launch is the first native product introduced by the payments giant, which aims to go beyond…
Mumbai: The recent exemption of retail health insurance from the goods and services tax regime has helped reduce premiums. But that alone is not enough to drive growth as the industry continues to battle issues such as high medical inflation, inadequate coverage, differentiated healthcare and claims experience, insurers said in a panel discussion at Mint’s…