Vodafone Idea shares fell below ₹3 on Thursday, on news that the govt has demanded its dues in the AGR case. The dues could be as high as ₹40,000 crore, while the company has a cash balance of about ₹20,000 crore. Reports suggest both promoter groups of the company are unwilling to infuse fresh capital
A five-judge bench of the Supreme Court has referred the review of its judgement in the Sabarimala case to a larger seven-judge bench. The petitioners, however, argue that this violates their freedom to religion. So are women being discriminated against or are religious practices being meddled with?
Moody’s cut India’s sovereign rating outlook to negative from stable, while retaining the issuer rating at Baa2. Following the cut, the government is expected to persist with its focus on structural reforms to improve the investment climate and to attract more capital inflows into India. Mint's Nasrin Sultana speaks to Garima Kapoor, Economist, Elara Capital if the Moody’s downgrade indicate fiscal risks is overdone.
The SC’s decision to uphold the disqualification of 17 rebel Cong & JD(S) legislators in Karnataka and to allow them to contest polls raises the question if Yediyurappa govt would survive.Mint Views Daily Dispatch brings you scenes from the Mint edit table where ideas are mooted, discussed & debated
While renewable energy capacity has doubled over FY15-19, there has been a slowdown in capacity additions in the last 12-18 months. In light of this, Vivek Sharma – Senior Director at CRISIL Infrastructure Advisory discusses key factors at play and how necessary measures like integrated planning across generation, transmission and distribution taking into account new technologies and business models would be required to ensure a sustained growth momentum in the RE sector in India.
The entertainment offerings this week include Ayushmann Khurrana-starrer Bala besides Netflix’s new India original, the third season of romantic comedy Little Things. In its latest show, 'Business of Entertainment', Mint's Lata Jha goes through the financial performance of what’s buzzing in the world of entertainment.
Hindutva as an ideology has aided the ruling party on its path to power, with issues such as the revocation of Article 370 of the Constitution and the Ram temple construction in Ayodhya serving as the cornerstones of the ideology.Mint Views Daily Dispatch brings you scenes from the Mint edit table.
The Supreme Court has ruled that the Ram Temple will come up in the disputed land in Ayodhya, bringing an end to the 70 year old dispute. The apex court directed that Muslims be given an alternative land measuring five acres.Editors from Mint decode the verdict
The FMCG sector's second-quarter results were largely in-line with estimates barring a few companies.
_1573126871859.jpg "Livemint"){kind=logo}
According to an analysis done by American Express, millennials account for a third of all the luxury spending done by its Indian customers, and this proportion is rising sharply. Does this suggest that the 19-39 year olds of the present times think differently from those in the previous generation?
_1573118931444.png "Changing business model of ARCs.")
Given the sizeable opportunity and regulatory developments in the stressed assets space, Krishnan Sitaraman, Senior Director, CRISIL Ratings, discusses the Asset Reconstruction Company landscape and their changing business model. While on one hand the AUM of ARCs has touched a new milestone of crossing ₹1 lakh crore as on March 2019, the sector is also witnessing a structural shift in the kind of investors group who are subscribing to the security receipts as contrast to the erstwhile scenario when it was largely selling banks and ARCs who were investing.
Union cabinet on Wednesday approved ₹10,000 crore fund to clear the stalled housing projects. In a press conference, Finance Minister Nirmala Sitharaman said that the government will also rope in State Bank of India (SBI) and Life Insurance Company (LIC) to put another ₹15,000 crore into the fund.
Shiv Sena continues to play hardball with the BJP over government formation in Maharashtra. In the latest, Sena leader Sanjay Raut said that no new proposals will be exchanged with the BJP on the issue. Responding to the row over the Chief Minister’s post, Raut said that a consensus on the issue had been reached ahead of the assembly polls. He further said that imposing President’s rule in the state would be an insult to the mandate of the people of Maharashtra.
Insurance mis-selling is selling insurance policies based on false claims or inadequate disclosures. Watch the video to know how to reduce the chances of mis-selling.
India put the onus on other Regional Comprehensive Economic Partnership (RCEP) member countries to come out with a plan to address the issues raised by it. On Monday, India decided against joining RCEP trade deal saying that it didn't receive any 'credible assurance on market access and non-tariff barriers'. The other 15 members, however, decided to go ahead and sign the trade deal sometime next year.
_1572967071603.jpg "While midcaps earnings tend to expand when GDP growth is strong, the weak economic growth will weigh on the midcap stocks")
The Midcap index was up last month outpacing the frontline Nifty 50. Some limited churn also seems to be happening from large-caps to midcaps. While, midcaps earnings tend to expand when GDP growth is strong, the weak economic growth will weigh on the midcap stocks. So what’s next for midcaps? Watch this video to find out.
The entertainment offerings this week include Netflix’s new original film, Drive and Diwali releases like Housefull 4 and Saand Ki Aankh that have spilled over. In the latest episode of its show, Business of Entertainment, Mint's Lata Jha goes through the financial performance of what’s buzzing in the world of entertainment.
Unit Linked Insurance Policies (ULIPs) have costs and charges under several heads. It is important that you know what they are before buying a policy. Some policies will waive some charges or refund them after a certain number of years.Watch the video to find out the 5 major heads of ULIP charges.
It’s no news that Delhi faces an airpocalypse now with air quality levels at drastic low.Though much of the blame has been pinned on crop-burning in Haryana and Punjab, the roots of the problem may go deeper. A comprehensive review is the need of the hour.
IndiGo has announced an order of about 300 new aircrafts. The stock initially reached positively to the news. However, it later gave up some gains.
