Coffee Day has about 1,700 outlets
Coffee Day has about 1,700 outlets

ITC looks at buying stake in Coffee Day: Report

  • Coffee Day is under pressure to pare borrowings
  • A successful bid for Coffee Day will help ITC further diversify its business

Union Minister Nitin Gadkari. (Pradeep Gaur/Mint)
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Former Union Minister P. Chidambaram (File photo: ANI)

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Amazon's Hyderabad campus can accommodate 15,000 workers
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Depending on the food aggregator and what services restaurants avail from them, restaurants pay anywhere between 10-30% of the value of each order as commission to aggregators (Photo: Alamy)
Depending on the food aggregator and what services restaurants avail from them, restaurants pay anywhere between 10-30% of the value of each order as commission to aggregators (Photo: Alamy)

The revolt against food delivery apps

Ordering in is now an indispensable part of daily life. That’s why restaurants are getting that sinking feeling

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Shares of CG Power is trading down 20% on both NSE and BSE on Wednesday.
Plain Facts
Nifty hovers around 11,000-mark, Sensex continues to be volatile, (Photo: Aniruddha Chowdhury/Mint)
SBI chairman said increased use of digital platform will itself reduce the requirement of the debit cards (Reuters)
SBI chairman said increased use of digital platform will itself reduce the requirement of the debit cards (Reuters)

SBI says no plans to discontinue debit cards

  • SBI is planning to establish nearly 10 lakh YONO Cash Points in the country over 18 months
  • YONO is a digital banking platform of State Bank of India

Beautiful landscaping has been done along the Blue Line-Aqua Line Metro walkway to provide aesthetic appeal. (@OfficialDMRC)
Vision Digital India is bringing to the table top-notch education at extremely affordable prices. (Digpu)
Vision Digital India is bringing to the table top-notch education at extremely affordable prices. (Digpu)
BRAND POST

Vision Digital India offers technology education to make students industry-ready

It has incorporated niche technology into its course-structure and taken help of industry professionals to make it relevant to students.

The authors found that this reform more than doubled tax revenue from the impacted firms. (Photo: iStock)
The authors found that this reform more than doubled tax revenue from the impacted firms. (Photo: iStock)

How administrative reforms boost revenues

Improvements in tax administration are far more effective in increasing tax revenues than simply raising tax rates, suggests a new study

Photo: Reuters
In the last three-a-and-a-half years, the KVIC had provided over 32,000 new model charkhas (spinning wheels) and 5,600 modern looms. Photo: Mint
In the last three-a-and-a-half years, the KVIC had provided over 32,000 new model charkhas (spinning wheels) and 5,600 modern looms. Photo: Mint

Govt's Khadi Village turnover crosses 74,323 crore in 2018-19

  • KVIC turnover crossed 74,323 crore in 2018-19 with the sale of Khadi products witnessing a growth of over 145 per cent since 2014-15
  • The Khadi production, which was 879.98 crore in 2014-15, went up to 1,902 crore in 2018-19, a growth of more than 100%

British actor Tom Holland was cast as the new Spider-Man. Photo: AP
Union power and new and renewable energy minister Raj Kumar Singh
The company expects the new 3 series will help in bringing new customers who have not bought BMW before. (Photo: Reuters)
The company expects the new 3 series will help in bringing new customers who have not bought BMW before. (Photo: Reuters)

BMW launched new 3 series sedan priced 41.4 lakh onwards

  • The new 3 series will be available in two diesel variants
  • The new offering is longer and wider than the previous versions, but weighs 55 kgs lighter

Hyundai Motor India CEO Seon Seob Kim with the Kona SUV.
Yes Bank down for the third consecutive session.
SBI repo linked home loan: From September 1, the interest rate will fall to 8.05%
For deposits maturing in 7-14 days, IndusInd Bank offers 3.75% interest. (Mint)
Parle is popular for its Parle-G and Marie brand of biscuits.
Parle is popular for its Parle-G and Marie brand of biscuits.

Biscuit maker Parle could lay off 10,000 workers amid slowdown: Report

  • The news comes as a slowdown in Asia's third-largest economy has hit demand for everything from automobiles to retail products
  • Parle, popular for its Parle-G and Marie brand of biscuits, is not the only food product company to have flagged a slowing demand

Xiaomi India MD Manu Kumar Jain in a teaser for Mi A3. (Twitter/XiaomiIndia)
Xiaomi's stock has lost more than a quarter of its value so far this year.
Xiaomi's stock has lost more than a quarter of its value so far this year.

Xiaomi misses estimates as rival Huawei grabs market share at home

  • Huawei's market share in China surged by 31% in the June quarter, according to market research firm Canalys, while Xiaomi's share shrank by a fifth
  • But Canalys reckons Xiaomi's shipments to Europe surged 48%.

The Apple TV+ and Disney+ video-on-demand apps will both be available by mid-November (AFP)
The Apple TV+ and Disney+ video-on-demand apps will both be available by mid-November (AFP)

Netflix's new rivals Apple TV, HBO Max, Disney heat up the streaming war

  • Apple has committed a whopping $6 billion overall to produce original shows and movies: Report
  • Apple Inc., AT&T Inc., Netflix Inc. and Walt Disney Co. are spending billions of dollars on new streaming content

SpiceJet said that the transition is being implemented in a bid to enhance passenger convenience. (AP)
SpiceJet said that the transition is being implemented in a bid to enhance passenger convenience. (AP)

Mumbai airport: SpiceJet to shift operations to Terminal 2

  • SpiceJet will shift its entire Mumbai operations to Terminal 2 of the city's Chhatrapati Shivaji International Airport from 1 October 2019
  • The transition is being planned and implemented by the airline with the active support of Mumbai International Airport Limited (MIAL)

Currently, Vietjet operates around 400 flights daily.
The highest water level recorded at the Old Yamuna Bridge was 207.49 metres in 1978. (ANI)
In 2015, Paytm forged a deal with BCCI bagging the title sponsorship rights of Indian team paying a total sum of  ₹203.28 crores.
In 2015, Paytm forged a deal with BCCI bagging the title sponsorship rights of Indian team paying a total sum of 203.28 crores.

Paytm retains title sponsorship of Indian cricket for five years

  • Paytm has signed the deal for 326.80 crores which it will pay BCCI over a period ranging between 2019 and 2023
  • India's home season will start with South Africa tour which will comprise three T20s and three tests kickstarting from 15 September

U.S. President Donald Trump. (Reuters)
In case of the auto sector, the industry recorded an overall decline of 18.71% in off-take for July.
In case of the auto sector, the industry recorded an overall decline of 18.71% in off-take for July.

PSBs to give central government suggestions on boosting economy

  • The slowdown pain has now percolated to small businesses which supply raw materials and parts to bigger industries
  • Over 1 lakh bank branches under the PSBs have been activated to assess the ground-level situation

Asian currencies were trading higher against the US dollar on Wednesday. (Photo: Bloomberg)
The wall of a building of the Central Government Offices is prayed with slogans in Hong Kong, China .  (Reuters)
The wall of a building of the Central Government Offices is prayed with slogans in Hong Kong, China . (Reuters)

How China is trying to quell Hong Kong’s protests without troops

  • China has unloaded a wide range of firepower against against the city’s fractious opposition in recent weeks
  • China has repeatedly shown its willingness to use its leverage as the world’s largest trading nation to express political displeasure

Gold price today: On MCX, gold futures were at around  ₹37,900 levels per 10 grams
IRCTC will also pay for the custody of trains, including spares
Mark Ramprakash (Photo: Twitter)
An analyst pegs the size of this so-called edge-computing market at more than $4 trillion by 2030 (Reuters)
An analyst pegs the size of this so-called edge-computing market at more than $4 trillion by 2030 (Reuters)

Amazon's cloud-computing empire faces a new threat: Edge-computing

  • With so many mobile devices and sensors now connected to the internet — and relying on artificial intelligence — more people and companies need their computing power close to them