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King Charles' net worth: British monarch now as rich as Rishi Sunak and Akshata Murty; wealth rises by Rs.341 crore

New Delhi, May 16 -- King Charles' personal wealth has risen by £30 million ( Rs.341 crore) over the past year, reaching a net worth of £640 million ( Rs.7,278 crore). This makes him as ric... Read More


Mint Primer: Will the Strata crisis hit small & medium Reits?

New Delhi, May 16 -- The nascent small and medium real estate investment trust (SM Reit) industry suffered a shock when fractional property firm Strata surrendered its licence earlier this week. It's ... Read More


Mint Primer: Will the Strata crisis hit small & medium Reits?

New Delhi, May 16 -- The nascent small and medium real estate investment trust (SM Reit) industry suffered a shock when fractional property firm Strata surrendered its licence earlier this week. It's ... Read More


Tour plans to Turkey, Azerbaijan off the table as Indians mark their protest

New Delhi, May 16 -- Indians angry with Turkey and Azerbaijan that supported Pakistan in the recent military conflict are voting with their feet, cancelling travel to the two countries and reschedulin... Read More


Delhivery Q4 Results: Net profit at Rs.72.6 crore, revenue up 6% YoY; First profitable year logged in FY25

Delhivery Q4 Results, May 16 -- Delhivery returned to black as it reported a net profit of Rs.72.6 crore for the fourth quarter of FY25, marking a significant jump from the Rs.68.5 crore net loss repo... Read More


Beyond the layoffs: Startup hiring cools as AI, money worries sweep businesses

New Delhi, May 16 -- Startups chasing profitability or aiming for a public listing appear to have gone slow on their hiring. The companies have hunkered down and tightened their belts to save money an... Read More


Peak XV Partners nets over Rs.1,200 crore after exiting stake in Porter, clocking 11-fold return

Mumbai, May 16 -- Peak XV Partners netted over Rs.1,200 crore after exiting its investment in logistics company Porter's latest funding round, a person familiar with the matter said. The profit was an... Read More


India now plans desilt all hydro power projects on rivers flowing to Pakistan, to be done once a month

New Delhi, May 16 -- With the Indus Water Treaty in abeyance, India now plans to regularly flush out the waters at all hydropower projects in Jammu and Kashmir built on rivers flowing through to Pakis... Read More


ICMR gets a breakthrough in attempts to develop first indigenous Nipah virus medicine

New Delhi, May 16 -- Indian government scientists say they have achieved a breakthrough in attempts to develop an indigenous therapy for treating Nipah virus patients. Also Read | HMPV virus: How doc... Read More


Small-cap stock Iris Clothings declares a 1:1 bonus share issue along with Q4 results. Details here

New Delhi, May 16 -- Iris Clothings, a readymade garment company, has announced a 1:1 bonus issue to existing shareholders. The company, in a media release on May 16, announced a bonus issue in the r... Read More