Photos: Reuters
Photos: Reuters

How startups crack the profits puzzle

  • Nudged by investors, many startups are abandoning a growth-at-all-costs approach. Here’s how
  • Surveys have shown that there is a strong need for offline touchpoints, which would allow customers to see and get a sense of the products they saw online

Kumar Mangalam Birla, (Photo: Mint)
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Overseas, bullion is trading near its highest level since 2013. Photo: Pradeep Gaur/Mint (Pradeep Gaur/Mint)

Your morning ritual now travels with you!

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GoAir further said that all the passengers are being provided assistance and refreshments. (Ramesh Pathania/Mint)
A file photo of HSBC bank (Reuters)
A file photo of HSBC bank (Reuters)

HSBC to cut 35,000 jobs over three years

  • The bank, which has long underperformed rivals, is seeking to become leaner and more competitive as it tries to grapple with a swathe of challenges
  • HSBC said the ongoing coronavirus epidemic had significantly impacted its staff and customers, and the outbreak could in the long run reduce its revenue

Money with Monika: Getting started with Mutual Funds
Money with Monika: Getting started with Mutual Funds

Money with Monika: Getting started with Mutual Funds (S3, Ep#2)

Personal finance expert Monika Halan tells you why and how you should get started with Mutual Funds investment, in this latest episode of Money With Monika. She explains the importance of “adopting a portfolio approach to investing money and diversifying over asset classes to meet your goals.” Monika Halan is consulting editor, Mint, and author of 'Let's Talk Money'. Watch the full episode for more.

Photo:Mint (Ramesh Pathania/Mint)
Sebi chief Ajay Tyagi during a press conference after the board meet in Mumbai on Monday (Photo: Aniruddha Chowdhury/Mint)

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In New Delhi, a litre of petrol today costs  ₹71.89. Photo: Ramesh Pathania/Mint
SBI Cards is the second-largest credit card issuer in India with 9.46 million cards and an 18% market share as on 30 September 2019.  (Aniruddha Chowhdury/Mint)
SBI Cards is the second-largest credit card issuer in India with 9.46 million cards and an 18% market share as on 30 September 2019. (Aniruddha Chowhdury/Mint)

SBI Cards’ 9,000-crore IPO set for early March launch

  • First sharesale of 2020 wil mark the larges-ever public market exit for a PE firm in India
  • SBI, which has a 74% stake, and Carlyle, which holds 26% through its unit, will sell 130.5 mn shares

Proceeds from the issue will be utilised towards setting-up of new Barbeque Nation restaurants in India, repayment of loans Photo: iStockphoto
Proceeds from the issue will be utilised towards setting-up of new Barbeque Nation restaurants in India, repayment of loans Photo: iStockphoto

Barbeque Nation files IPO papers with Sebi to raise 1,000-1,200 cr

  • The IPO comprises a fresh issue of shares worth 275 crore
  • The issue is being managed by IIFL Securities, Axis Capital, Ambit Capital and SBI Capital Markets

Photo: iStock
Photo: iStock
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Market LIVE: Sensex tumbles over 350 points; TCS, Infosys among rare gainers

  • Domestic benchmark equity indices opened lower on tracking subdued global cues
  • All sectoral indices are in red. Telecom and metal companies are the biggest laggards

Photo: Mint
RailTel, a PSU under the Ministry of Railways, had partnered with Google for five years to provide free WiFi. Photo: Pradeep Gaur/Mint
The 31-year-old is also India's most valuable celebrity  Photo: Reuters
Long Reads
Photo: iStockphoto
Photo: ANI
The Office app combines the Word, Excel, and PowerPoint apps on the Android smartphones to streamline work (Google Play Store)
A file photo of Tesla CEO Elon Musk. (AP)
The fatality rate for confirmed cases is 2.3% — 2.8% for males versus 1.7% for females.
The fatality rate for confirmed cases is 2.3% — 2.8% for males versus 1.7% for females.

Coronavirus update: Toll rises to 1868, Wuhan hospital director dies of virus

  • The death toll from China's coronavirus outbreak climbed to 1,886 on Tuesday as 98 more people died while the total number of confirmed cases jumped to 72,436
  • WHO warned against 'blanket measures' over the novel coronavirus outbreak, pointing out the epidemic outside of China was only affecting a 'tiny' proportion

The new Redmi 8A Dual with textured back
The iPhone SE2 or iPhone 9 is rumoured to come with advanced single-lens camera (OnLeaks)
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A file photo of Jeff Bezos. (Reuters)
Mark Zuckerberg pushed forward a white paper titled 'Charting a Way Forward: Online Content Regulation' that builds on recent developments, including legislative efforts and scholarship (Photo: Reuters)
Mark Zuckerberg pushed forward a white paper titled 'Charting a Way Forward: Online Content Regulation' that builds on recent developments, including legislative efforts and scholarship (Photo: Reuters)

EU rejects Zuckerberg's offer on regulating online content

  • Last year, Zuckerberg called for governments to work with online platforms to create and adopt new regulation for online content
  • Facebook said regulators should develop an understanding of the capabilities and limitations of technology in content moderation

Ritesh Agarwal-founded Oyo saw consolidated revenue jump to $951 million in FY19 (Photo: Bloomberg)
Ritesh Agarwal-founded Oyo saw consolidated revenue jump to $951 million in FY19 (Photo: Bloomberg)

Oyo's loss rises sevenfold but says no brakes on expansion

  • The hospitality firm reported widening of its consolidated net loss to $335 mn for the financial year ended March 2019, mainly on account of international expansion
  • Oyo’s loss in its oldest market India narrowed to 14% of revenue in the last fiscal from 24% in the year-ago period

RIL board had approved funding of  ₹4,000 crore for taking over Network18. (Mint )
RIL board had approved funding of 4,000 crore for taking over Network18. (Mint )

RIL to merge its distribution, media business into Network18

  • The broadcasting business will be housed in Network18 and the cable and ISP businesses in two separate wholly owned subsidiaries of Network18
  • RIL had in November 2014 taken over Network 18 Media and Investments Ltd through its Independent Media Trust

A file photo of Prime Minister Narendra Modi with US President Donald Trump. (Photo: AP) (AP)
Samsung Galaxy M31 is expected to have a full HD AMOLED display with Infinity U cutout (Samsung India )
Anand Mahindra. (Pradeep Gaur/Mint)
The telecom department is actively engaging with telecom operations, says FM Nirmala Sitharaman (Photo: Mint)
The telecom department is actively engaging with telecom operations, says FM Nirmala Sitharaman (Photo: Mint)

Vodafone Idea, Airtel make partial payments after SC tough talk

  • SC refuses to entertain Voda Idea plea that sought directions to DoT not to take coercive steps
  • While Vodafone Idea on Monday paid 2,500 crore to DoT and will cough up an additional 1,000 crore before the end of the week. Bharti Airtel has deposited 10,000 crore

The teaser image also shows a dual lens on top of the screen
This is the double-edged sword of being in China, said analyst. Photographer: Qilai Shen/Bloomberg (Bloomberg)
Cyrus Mistry  (File photo: Mint)
Plain Facts
Kewat, had earlier expressed glee after receiving a congratulatory letter by the Prime Minister for his daughter's wedding. (ANI)
Of the total bids received for its three-year long-term repo operation, RBI accepted  ₹25,035 crore bids. (Pradeep Gaur/Mint )
Of the total bids received for its three-year long-term repo operation, RBI accepted 25,035 crore bids. (Pradeep Gaur/Mint )

RBI receives 1.94 trillion bids for repo operation

  • The RBI move is aimed at providing cheaper money to banks at the repo rate so that it can be used to boost credit growth
  • The central bank also withdrew the daily fixed rate repo and four 14-day term repos every fortnight

Photo: Bloomberg
Photo: iStock
Photo: iStock

Opinion | Machines are struggling to recognize people in China

The country’s ubiquitous facial recognition technology has been stymied by face masks

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