Mint Business News - Official Channel

2023-04-19 07:41:29 Uday Kotak tweeted to say 9 American, 1 Saudi. No European, Chinese or Indian company as the top 10 companies in the world in terms of market cap.

https://www.livemint.com/photos/top-10-companies-in-the-world-by-market-value-11681869150723-1.html Open / Comment

2023-04-19 07:41:18 #Startup valuations in the private market are beginning to crack as investors save dry powder & deploy cash selectively, multiple investors and investment bankers said.

https://www.livemint.com/news/india/mumbai-startups-valuations-drop-as-investors-become-selective-report-11681841730606.html Open / Comment

2023-04-19 07:12:36 #Google Inc, which is among the world's top-5 companies by value, is gradually cutting back employee benefits as per reports by international media.

Read here: https://www.livemint.com/news/india/no-more-free-massage-fitness-centers-google-cuts-down-employee-perks-after-firing-12-000-staff-11681867685981.html Open / Comment

2023-04-19 06:23:57 Government has made changes to the #windfalltax on domestic #crudeoil production to simplify the tax system and encourage investments.

The revised tax rate is now set at ₹6,400 per tonne.

Read here: https://www.livemint.com/news/india/windfall-tax-on-domestic-crude-to-rs-6-400-eliminates-diesel-export-duty-11681870764151.html Open / Comment

2023-04-19 06:23:44 The El Nino weather pattern, historically tied to droughts and reduced farm output in India, is expected to affect another critical aspect of the local economy this year: wind power generation.

https://www.livemint.com/news/india/el-nino-to-impact-wind-power-generation-in-india-as-wind-speeds-slow-during-historically-high-wind-months-of-june-to-september-warns-industry-11681841486277.html Open / Comment

2023-04-19 06:23:35 #Zomato’s shares have declined by as much as 36% in the last one year, sharply underperforming the Nifty 50 index.

The upcoming March quarter results too, are unlikely to surprise meaningfully.

https://www.livemint.com/market/mark-to-market/zomatos-shares-slump-36-in-a-year-q1-results-unlikely-to-surprise-as-losses-persist-due-to-quick-commerce-arm-blinkit-s-expansion-costs-11681834771786.html Open / Comment

2023-04-19 06:23:24 India could become one of #Apple’s biggest markets one day, #TimCook said in Mumbai, on a day over a thousand people, many of them from across the country, poured into its first India store.

https://www.livemint.com/companies/news/apple-ceo-tim-cook-opens-first-india-store-plans-to-make-india-one-of-its-largest-markets-11681843826517.html Open / Comment

2023-04-19 05:27:51 #StocksToWatch | Here are the top 10 stocks that could be in focus in today's trade:

https://www.livemint.com/market/stock-market-news/stocks-to-watch-sbi-icici-lombard-ntpc-bank-of-india-tata-coffee-11681863201403.html Open / Comment

2023-04-18 20:12:13 Leasing a car through your employer brings into play a relatively lesser known tax sop available to salaried individuals or even owners of businesses.

https://www.livemint.com/money/personal-finance/save-on-taxes-lease-an-suv-through-your-employer-instead-of-buying-with-costly-car-loan-and-down-payment-11681836748998.html Open / Comment

2023-04-18 19:28:16 The #US-based airline, issued an official notification on #Twitter announcing the resumption of its services after its flights faced delays nationwide, which ultimately led to halt in its services.

https://www.livemint.com/news/world/southwest-airlines-in-us-resumes-operation-after-a-nationwide-halt-due-to-tech-issues-11681831194524.html Open / Comment