A manufacturing facility of Uttam Galva Steels Ltd, the Indian unit of ArcelorMittal, in Khopoli, Maharashtra (Photo: Bloomberg)
A manufacturing facility of Uttam Galva Steels Ltd, the Indian unit of ArcelorMittal, in Khopoli, Maharashtra (Photo: Bloomberg)

The pressing need to recode the IBC

  • Despite repeated changes, IBC has failed to live up to expectations. What should IBC 2.0 look like?
  • The govt is taking steps to improve the efficacy of IBC by increasing the number of NCLT benches and insolvency professionals, and running awareness campaigns

Photo: Ramesh Pathania/Mint
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The quinquennial survey showed a decline in average real consumption spending.  (Photo: Ramesh Pathania/Mint)
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Sundaram AMC has built up some experience in international investing. (iStock)
Sundaram AMC has built up some experience in international investing. (iStock)

Should you choose a mutual fund that invests in your favourite foreign brands?

  • Sundaram Global Brand Fund is country-agnostic and does not force you to pick a market like the US, Europe or China
  • Among the various international funds investing out of India, the best performer is also a passive fund the Motilal Oswal Nasdaq ETF which delivered 22.05% over the past 5 years

In September, Chandra had secured a six-month extension from lenders to repay debt.
However, DHFL has also been dragged to the Bombay high court by a set of mutual funds that had purchased its NCDs (Photo: Aniruddha Chowdhury/Mint)
However, DHFL has also been dragged to the Bombay high court by a set of mutual funds that had purchased its NCDs (Photo: Aniruddha Chowdhury/Mint)

RBI’s DHFL takeover took banks by surprise

  • RBI’s Wednesday move came after a meeting with DHFL executives, who had turned up with a revised resolution plan
  • The RBI also named an administrator to run the shadow lender under its newly acquired powers, worried that a delay might lead to further deterioration of DHFL’s assets

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Sensex struggled in early trade
Maruti Suzuki will introduce a BS-6 petrol version of its two models—Brezza and S-Cross—before 1 April 2020.
Institutional investors can subscribe until Dec. 4.
Institutional investors can subscribe until Dec. 4.

Saudi Aramco order book reaches 73 billion riyals so far

  • Some 1.8 million retail subscribers have injected more than 14 billion riyals into the IPO so far
  • Institutional subscriptions amounted to 58.4 billion riyals and 1.82 billion subscribed shares

Long Reads
A manufacturing facility of Uttam Galva Steels Ltd, the Indian unit of ArcelorMittal, in Khopoli, Maharashtra (Photo: Bloomberg)

The pressing need to recode the IBC

9 min read . 10:22 AM IST
As farmers lost interest, the area under the flagship crop insurance scheme fell 17% in the two years to kharif 2018. (Photo: Hindustan Times)

Crop insurance flaws fuel farm distress

10 min read . 19 Nov 2019
It is important to have a strong technical secretariat comprising administrators, economists, accountants and lawyers to advise the GST Council.

What the new GST should look like

9 min read . 19 Nov 2019
Vivekananda H.R., co-founder and CEO of Bounce. The startup hosts around 100,000 rides a day in Bengaluru alone
Vivekananda H.R., co-founder and CEO of Bounce. The startup hosts around 100,000 rides a day in Bengaluru alone

Uber hopes for a bounce in two-wheelers

  • Uber is looking beyond four-wheelers in India, and is developing a plan to add more mobility options on its app
  • Bounce allows commuters to pick and drop its scooters or motorcycles anywhere within city limits

People at WeWork Galaxy premises in Bengaluru (Photo: Jithendra M/ Mint)
People at WeWork Galaxy premises in Bengaluru (Photo: Jithendra M/ Mint)

WeWork says it's cutting 2,400 jobs globally

  • They will receive severance and continued benefits and other forms of assistance, WeWork said in an email
  • The job cuts represent almost 20% of the company’s global workforce, which totaled 12,500 as of June 30.

T V Mohandas Pai, former Infosys CFO and partner
PM Modi and his Japanese counterpart Shinzo Abe had jointly laid the foundation stone for the Bullet train project in Ahmedabad in Sept 2017
PM Modi and his Japanese counterpart Shinzo Abe had jointly laid the foundation stone for the Bullet train project in Ahmedabad in Sept 2017

Ahmedabad-Mumbai bullet train project may hit roadblock

  • If the Cong-NCP-Sena combine comes to power in Maharashtra, it may inform the Centre that the state govt will not bear the cost of the project
  • The 508-km Ahmedabad-Mumbai high speed train project is slated to be completed by 2023

Worryingly government’s provisional estimates of AGR dues are substantially higher than the telcos calculations. (Photo: Pradeep Gaur/Mint)
Wipro’s revenue from digital grew 29% annually and 7% sequentially in constant currency terms in Sep quarter. (Mint)
Wipro’s revenue from digital grew 29% annually and 7% sequentially in constant currency terms in Sep quarter. (Mint)

Wipro bets big on acquisitions to bolster its digital business

  • Acquisitions such as Designit, International TechneGroup amplify capabilities, says head of firm’s digital biz
  • Digital is a crucial part of Wipro’s biz, contributing nearly 40% of total revenue in the Sep quarter

Tech Mahindra said the Finnish technology ecosystem is one of the most progressive in Europe
Tech Mahindra said the Finnish technology ecosystem is one of the most progressive in Europe

Tech Mahindra, Business Finland ink MoU for R&D in 5G, 6G technology

  • Tech Mahindra will develop, pilot and implement state-of-the-art digital products and services to foster growth, productivity and innovations in the area of 5G and 6G
  • As part of the partnership, Tech Mahindra will set up an innovation lab in Finland to foster growth and innovation

Jaguar Land Rover chief executive officer Ralf Speth.  (Photo: Bloomberg)
Jaguar Land Rover chief executive officer Ralf Speth. (Photo: Bloomberg)

JLR chief executive wants alliances, not merger

  • JLR chief Ralf Speth says the automaker feels the pressure" from demands to slash carbon emissions and develop electric vehicles
  • Speth also says JLR is ‘always open’ to discussions of technology alliances and component sharing with other companies

Plain Facts
Leander Paes at Wimbledon 2012. Photo: Kitwood/Getty Images

Team tennis’s moment of churn

3 min read . 21 Nov 2019
Photo: PTI

How livable is your city?

1 min read . 19 Nov 2019
Retired Chief Justice of India Ranjan Gogoi (right) interacts with his successor Sharad Arvind Bobde. Since the inception of SC, the average CJI’s tenure has been 18 months; but in recent years, this figure has fallen. (Photo: ANI)

What the numbers say about CJIs

3 min read . 19 Nov 2019
INDICES
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Palladium has jumped 40% in 2019
The share sale of CSB Bank will be open from 22-26 November. (Photo: iStock)
The robbers allegedly hijacked the cash van along with the driver and security official.
The robbers allegedly hijacked the cash van along with the driver and security official.

Delhi ATM: 80 lakh robbed from cash van

  • The ATM cash van had a total of 1.52 crore but as per the information 80 lakh was found missing
  • The robbers allegedly hijacked the van along with the driver and security official

Some of the companies who came for the placement interviews include Google, Aditya Birla Group, Amazon, BCG, Deloitte, Deutsche Bank, EY, Goldman Sachs, HUL, ITC, JPMorgan Chase and PwC. (HT)
Some of the companies who came for the placement interviews include Google, Aditya Birla Group, Amazon, BCG, Deloitte, Deutsche Bank, EY, Goldman Sachs, HUL, ITC, JPMorgan Chase and PwC. (HT)

IIM student gets 4 lakh stipend for 2 months internship

  • The average stipend at IIM Indore is 1.68 lakh for a two-month long internship
  • 589 students participated in the placement process for summer internship being attended by over 160 employers

SpiceJet passengers have also been offered a full refund if they do not wish to travel to Aurangabad during the said dates.
SpiceJet passengers have also been offered a full refund if they do not wish to travel to Aurangabad during the said dates.

SpiceJet temporarily moves Shirdi flights to Aurangabad

  • SpiceJet operates daily flights to Shirdi from Delhi, Hyderabad, Chennai, and Bengaluru
  • Between November 22-26, all the flights operating from and to Shirdi airport will be operated from and to Aurangabad airport

Photo: AP
Netanyahu is not legally required to resign until he is convicted and all appeals are exhausted, but political pressure is likely to be intense
Netanyahu is not legally required to resign until he is convicted and all appeals are exhausted, but political pressure is likely to be intense

Israel PM Benjamin Netanyahu charged with corruption

  • Netanyahu, who strongly denies all the charges, becomes the first Israeli prime minister to be indicted while in office
  • The indictment comes as Israel faces a potential third election in a year, with neither Netanyahu nor his main rival able to form a government after deadlocked elections

Wooing the crowds: (From left) former team India cricketers Harbhajan Singh, Rahul Dravid and moderator Boria Majumdar.
Syska Mosguard LED Bulb is priced at  ₹699.
In New Delhi, a litre of petrol costs  ₹74.35 and diesel  ₹65.84. In Mumbai, a litre of petrol is priced at  ₹80.01 and diesel  ₹69.06. (Mint)
In New Delhi, a litre of petrol costs 74.35 and diesel 65.84. In Mumbai, a litre of petrol is priced at 80.01 and diesel 69.06. (Mint)

Petrol, diesel price gap widens by 1.5 this month. Check today's rates

  • So far in the month, the price of petrol has went up by 1.49 a litre while that of diesel has gone up by just 4 paise a litre
  • In Mumbai, petrol price has crossed the 80 mark while in Gurgaon it is touching 74

CSB Bank IPO will close on November 26.
Shashank Srivastava said Maruti Suzuki will not make small diesel vehicles of BS-VI standard but will reconsider if the market remains trendy (Photo: Ramesh Pathania/Mint)
Shashank Srivastava said Maruti Suzuki will not make small diesel vehicles of BS-VI standard but will reconsider if the market remains trendy (Photo: Ramesh Pathania/Mint)

Maruti Suzuki to bring BS-VI petrol version of Brezza, S-Cross by March end

  • Auto manufacturers will have to wait for another two-three months to say if the automobile industry has come out of slowdown, said Shashank Srivastava of Maruti Suzuki
  • The new Bharat Stage (BS) VI fuel emission norms are set to kick in from 1 April 2020

The H1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise (Photo: PTI)
The H1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise (Photo: PTI)

H1-B visas: 23% new petitions denied in 2019, says MEA

  • The MEA said according to US CIS statistics a total 116,031 new H-1B petitions were processed and completed in fiscal year 2019
  • Indian nationals account for 70% of all H-1B visa issued, even though the share of Indian IT firms in the H-1B visa is relatively small

SBI has predicted only a 4.2% GDP growth in the second quarter.
Oil Minister Dharmendra Pradhan. (Reuters)
The upcoming Samsung Galaxy S11 smartphone will be available in three screen sizes (Reuters)
The upcoming Samsung Galaxy S11 smartphone will be available in three screen sizes (Reuters)

Galaxy S11 may come with 120Hz display and support 8K video recording

  • As per a recent report, Galaxy S11 would arrive in the third week of February 2020
  • Qualcomm's upcoming Snapdragon 865 chip, which will power the US variants of the S11, is also expected to have enough horsepower to offer 8K video recording

FASTags can be bought from banks, toll plazas as well as online on Amazon.