NEW DELHI: With exponential growth in India’s energy transition requirements, power transmission has emerged as a key component of this green push. The Central Electricity Authority, which advises the government on policy matters, recently came up with a draft plan to monetize intra-state transmission assets such as power lines and towers. Mint explains the strategy…
However, given the failing draw of movie sequels at the box office and slowing OTT subscription growth, platform executives and content creators say reliance on the formula may not always pay off as expected. Over the past few months, sequels and franchise films such as Baaghi 4 ( ₹47.4 crore), Thamma ( ₹123.6 crore) and…
For the first time, an Indian arms manufacturer, SSS Defence, is showcasing its indigenously developed equipment at Milipol Paris 2025, the international exhibition for homeland security and safety. The Bengaluru-based firm, established in 2017, made its debut at the Milipol fair, which is running from 18 to 25 November in the French capital. “Proud to…
Mumbai: Cash-strapped PayMate has shut its Middle East operations and is scrambling to raise a fresh $20 million after a key investor failed to wire funds for over nine months, the company’s top executive confirmed to Mint. The development marks a sharp turn for the Visa-backed B2B payments firm. Earlier this year, the company told…
On 8 November, Sebi warned investors that digital gold was not under its ambit, clarifying that it did not fall under securities laws and was not classified as a commodity derivative. Following this, the association sent a letter to Sebi on 10 November, asking it to regulate digital gold. The letter read, “We have been…
The U.S. needs to up its game in protecting its biotech, quantum and foundational semiconductor supply chains so that China isn’t able to weaponize its dominance in these areas the way it did with rare-earth minerals earlier in the year, according to an annual report released Tuesday from a panel of security and economic experts…
During their latest quarterly earnings calls, both Ola and Ather highlighted their improving unit economics, with gross margins close to the levels of the ICE manufacturers. However, the operating margin picture still differs sharply. On gross margins, Ola Electric closed the July–September quarter with 30.7% gross margins, an expansion of more than 11 percentage points…
While traditional TV channels are sticking to formats with proven audiences, digital-first brands are slowly experimenting, backing AI content with advertising. Entertainment industry experts say that sponsorship of AI (artificial intelligence) shows on digital platforms will depend on the nature of the content, how well it is received, and the broader pricing and positioning of…
The Maharashtra government plans to include the names of individual flat owners in land records and issue ‘vertical property cards’ to them, stating their share in a property. The new cards will provide clear legal proof of a person’s ownership, potentially benefiting thousands of homeowners, buyers and lenders. Mint explains how. What are vertical property…
Finance minister Nirmala Sitharaman on Tuesday met representatives from capital markets, startups, and the manufacturing sector as part of the government’s pre-budget consultations. Participants urged the ministry to consider India’s rapidly-evolving startup landscape, proposing measures to deepen innovation, broaden access to capital, and ease regulatory frictions, a person familiar with the discussions said on the…