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According to Sagarmala Programme, cargo traffic at Indian ports will be approximately 2,500 mmtpa by 2025 against the current handling capacity of 1,500 mmtpa.

Wed, May 23 2018. 10 01 AM IST

Govt weighs plan to acquire stressed private port assets

The shipping ministry’s move comes in the backdrop of major ports requiring capacity expansion given the substantial rise in the traffic handled by them

Dabur Group chairman Anand Burman. Photo: Pradeep Gaur/Mint

Mon, May 21 2018. 11 33 PM IST

Fortis sale: Munjal-Burman offer not in investors’ best interests, say proxy firms

Shriram Subramanian, founder and managing director of InGovern Research Services Pvt. Ltd, says the Fortis board has overlooked better offers

The exemption from CFTC will now enable Indian intermediaries to sell Indian products, including options and futures, to US investors. Photo: Mint

Fri, May 18 2018. 09 53 PM IST

US investors can now find future in Nifty

The exemption from CFTC will now let Indian intermediaries sell Indian products to US investors

The estimates, based in economics, put the minimum current usage of the bitcoin network at 2.55 gigawatts. Photo: Reuters

Thu, May 17 2018. 12 40 PM IST

Bitcoin to use 0.5% of world’s electricity by end of 2018

Bitcoin’s burgeoning electricity demands have attracted almost as much attention as the cryptocurrency’s wildly fluctuating value

Kodak is also looking for distributors for its Instant Print Cameras and Pocket Projectors in India. Photo: Reuters

Tue, May 15 2018. 09 13 PM IST

Kodak seeks its moment in India with brand licencing deals for white goods and apparels

By the end of this year, the owner of Kodak brand, plans to have 5-7 brand licencees in India as it aims to generate 5-10% of the company’s global licensing revenue from India in about 5 years

Flipkart employees have the option to liquidate their vested ESOP in three instalments. Photo: Hemant Mishra/Mint

Tue, May 15 2018. 09 54 AM IST

Tax impact of Flipkart, and not Walmart, buying ESOPs

Read more about how and when ESOPs are taxed and why it matters whether Flipkart buys the vested options or Walmart does

As per the current offer, the Hero-Burman consortium will infuse Rs800 crore through a preferential allotment of equity shares at Rs167 a share. Photo: Mint

Thu, May 10 2018. 11 56 PM IST

Fortis board approves binding offer from Hero-Burman family offices

With the approval of binding offer from Hero-Burman family offices, the Fortis board has set aside bids from a combine of TPG-Manipal Health and IHH Healthcare

The meeting was continuing at the time of going to press. Photo: Ramesh Pathania/Mint

Thu, May 10 2018. 11 24 PM IST

Fortis panel yet to reach consensus on winning bidder

The panel has to decide between the offers by Manipal-TPG, IHH Healthcare and an unnamed Sunil Munjal-led entity

US President Donald Trump holds up a proclamation declaring his intention to withdraw from the JCPOA Iran nuclear agreement after signing it in the Diplomatic Room at the White House in Washington. Photo: Reuters

Wed, May 09 2018. 11 56 PM IST

India to wait and watch as US exits Iran nuclear deal

The US pulling out of a historic 2015 accord with Iran comes in backdrop of a rally in oil prices

Emaar has hired property consultant CBRE India to sell the hotel and land assets. Photo: Bloomberg

Wed, May 09 2018. 10 57 AM IST

Emaar to sell hotel, other non-core assets in India

Emaar now plans to focus on its premium projects and expand on its own in India following its separation from local partner MGF Developments Ltd

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