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Mint Bangalore - June 06, 2025

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In this issue

June 06, 2025

India to hit clean power goal before schedule

India has achieved the third-largest growth in power generation capacity globally over the past five years and is poised to exceed its 2030 clean energy targets ahead of schedule, according to the International Energy Agency's (IEA) World Energy Investment report 2025 released on Thursday.

1 mins

US-India bilateral trade talks begin today in shadow of Trump's tariffs

A US trade delegation arrived in New Delhi on Thursday, ahead of a fresh round of negotiations on the proposed bilateral trade agreement (BTA) with India, scheduled to begin on Friday, two people told Mint.

2 mins

Indian MPs Reach US, Hold Talks With Vance

The delegation had traveled to Guyana, Panama, Colombia, and Brazil before arriving in Washington

1 mins

India Plans Rare Earth PLI, to Build Stockpile of Magnets

Building a supply chain can take years, but will reduce dependence on shipments from China

2 mins

RoCs Turn Up Heat on Nidhi Companies

Breaches include not maintaining a registered office, not appointing a statutory auditor or filing audit reports and so on

2 mins

KEC is making amends to repair margin, allay debt worries

EC International Ltd's problems of weak margin profile in select segments, elevated debt, and an elongated working capital cycle are set to ease.

1 mins

NSE investors hold tight as price surges

Experts warn retail investors that private market promise of big post-IPO gains may not always come true

3 mins

Alphabet CEO expects to keep hiring engineers as AI advances

US tech leaders have trimmed staff this year, reflecting in part the investments needed to ensure leadership in AI

2 mins

Jupiter in talks to raise $50 mn

Neobanking startup Jupiter is in early-stage discussions to raise $30-50 million from existing investors to fund expansion, according to four people familiar with the plan.

1 mins

Apple taps Tata for India iPhone, Mac repair business

As Apple looks beyond China for manufacturing, Tata has fast emerged as a key supplier for the US tech giant

1 mins

IndiaAI Mission signs MoU for OpenAI Academy in India

OpenAI has signed a memorandum of understanding (MoU) with the government's IndiaAI Mission to launch the OpenAI Academy in India.

1 mins

Bajaj Finserv promoters to sell up to 1.9% stake

Jamnalal Sons Pvt. Ltd and Bajaj Holdings & Investment Ltd, both part of Bajaj Finserv Ltd's promoter group, are slated to offload up to 31 million shares, representing a 1.9% stake in the company, via block deals, according to the term sheet of the transaction.

1 mins

Rallis Aims To Double Sales In 5 Years Without Spending Big

While business is profitable and stable, shareholders' expectations are different, says CEO

2 mins

Govt backs all green mobility

ALL ROADS TO GREEN PLI-Auto is a ₹25,938-cr scheme offering incentives to make vehicles that run on green fuel THE heavy industries ministry expects ₹2,000 cr in PLI-Auto claims from the industry in FY26

3 mins

Hines, Sumitomo in JV for Mumbai luxury condos

US-based global developer and investment manager Hines and Japan's Sumitomo Corp. have entered into a joint venture for a luxury condominium project in the high-value Mumbai property market.

1 mins

First Local Rafale Jet Fuselage to Roll Out of Hyderabad

The main body of future Rafale fighter jets will be produced in India, for the first time outside France, with aircraft maker Dassault Aviation and Tata Advanced Systems Ltd (TASL) on Thursday announcing a partnership to build a Rafale fuselage facility in Hyderabad.

1 mins

Big-banner dreams fade, but OTT stars keep their place—and pay

Even though India's video streaming platforms are slashing content budgets and green-lighting fewer shows, a core group of home-grown OTT stars—who shot to fame during the boom—are holding steady on pay, industry executives said.

2 mins

Flipkart gets RBI nod for NBFC licence

Walmart's Flipkart has secured a lending licence from India's central bank and banking regulator, allowing it to offer loans directly to customers and sellers on its platform, said a person in the know and confirmed by documents reviewed by Reuters. For the first time, Reserve Bank of India (RBI) granted a large e-commerce player in India a non-bank finance company (NBFC) licence, allowing it to lend but not take deposits.

2 mins

Early backers cry foul on Delhivery, Ecom Express deal

The ₹1,407 crore all-cash deal values Ecom Express at one-fifth of its earlier IPO target of ₹7,000 crore

1 mins

McDonald's dials up star power, flavours to win over new India

McDonald's is set to leverage star power to energize its brand as it seeks to double its store network in northern and eastern India, besides revamping its menu to woo customers.

1 mins

Medikabazaar CEO Injects Growth Shot

After prolonged legal battles, the startup is now focusing on growing exports and expanding its product range

2 mins

The Ukrainian Spy Agency Behind the Stunning Strike on Russia's Bomber Fleet

Ukraine's SBU security service was behind some key attacks in the war

5 mins

SEC's Crypto Confusion Deepens

When it comes to digital assets, there are no clear lines around what crypto activities trip securities laws, what don't

2 mins

Trump Bans Citizens Of 12 Countries From Traveling To U.S.

Ban includes Afghanistan, Myanmar, the Republic of the Congo, Haiti, Iran, Libya, Somalia

3 mins

Israel's government wobbles as Netanyahu allies threaten exit

Israeli Prime Minister Benjamin Netanyahu's ruling coalition faces the possibility of collapse and early elections after his ultra-Orthodox partners threatened to bring down the government.

1 mins

Trump Orders Probe Into Biden's Actions as President

President Trump ordered an investigation into Joe Biden's actions as president, including his use of an autopen, alleging that his predecessor's aides hid evidence of what he called Biden's \"serious cognitive decline.\"

2 mins

Garden Reach ties up with German co

State-run defence manufacturer Garden Reach Shipbuilders and Engineers Ltd (GRSE) has tied up with Germany's Carsten Rehder Schiffsmakler und Rehder GmbH & Co. KG, for building four vessels, the ports, shipping and waterways ministry said in a statement on Thursday.

1 mins

Procter & Gamble to cut 7,000 jobs

Procter & Gamble (P&G) said on Thursday it would cut 7,000 jobs, or about 6%, of its total workforce over the next two years, as part of a new restructuring plan to counter uneven consumer demand and higher costs due to tariff uncertainty.

1 mins

Sudarshan Venu to be TVS Motor chair

TVS Motor Co. on Thursday said its board has named Sudarshan Venu as chairman with effect from 25 August 2025.

1 mins

Suzuki Halted Swift Mfg on China Curbs

Suzuki Motor had suspended production of its Swift car due to China's rare earth restrictions, two people familiar with the matter said, becoming the first Japanese automaker to be affected by the export curb.

1 mins

Judge recuses from Byju's-AWS dispute

Justice Sharad Kumar Sharma of the Chennai bench of the National Company Law Appellate Tribunal (NCLAT) has recused himself from one of the cases pertaining to bankrupt edtech firm Byju's, in which Amazon Web Services is a party.

1 mins

Central Bank buys +25% of FGILICL

State-owned Central Bank of India on Thursday said it has acquired a 25.18% stake in Future Generali India Life Insurance Co. Ltd (FGILICL) for a cash consideration of ₹57 crore as part of the insolvency process.

1 mins

UK coffee brand Percol now in India

Coffee maker CCL Products (India) Ltd has rolled out UK-origin brand Percol in India, aiming to tap into the country's emerging demand for premium, sustainably sourced coffee.

1 mins

Major infra upgrade for Jaipur airport

Jaipur International Airport Ltd has started a major infrastructure upgrade aimed at enhancing passenger convenience and accommodating the increasing number of travellers.

1 mins

New Covid Cases: Experts Seek Source, Transmission Tracking

India's latest covid wave is caused by two new coronavirus variants, NB.1.8.1 and LF.7, mutations of the Omicron offspring JN.1 variant

1 mins

S. Mahendra Dev appointed new EAC-PM chairperson

Economist and former Axis Bank independent director S. Mahendra Dev has been appointed the new chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), a person informed about the development said.

1 mins

Vedanta to cut debt with NCD funds

Mining Major Vedanta Ltd plans to utilise ₹5,000 crore raised through its unsecured non-convertible debenture (NCD) to retire high-cost debt, that will save an estimated ₹350 crore in interest outgo, people said.

1 mins

The great senior health cost dilemma: pay up or save up?

Premium hikes often outpace affordability, pushing some to drop or reduce coverage despite potential risks

4 mins

Cut food loss and waste for the sake of our planet and its people

It will reduce gas emissions that threaten our collective future and also enhance our food security

3 mins

Our AI Chatbots Could Soon Be Acting as Advertising Vehicles

Our trust in AI makes us vulnerable to sponsored manipulation

3 mins

A Walk Around a Spa Town

The Czech town of Karlovy Vary is home to over a dozen hot springs, all revered for their healing properties

5 mins

Read all Stories from Mint Bangalore

Mint Bangalore Description:

Publisher: HT-Digital-Streams-Ltd.

Category: Newspaper

Language: English

Frequency: Daily

Mint Bengaluru is your trusted Source for business & financial News. Mint Bengaluru provides detailed coverage of stock markets, corporate news, banking, technology, and economic policies, keeping you ahead in the world of business. With expert insights on NSE, BSE, and global financial markets, Mint Bengaluru delivers exclusive reports on Bengaluru’s booming startup ecosystem, IT sector, and business landscape. Whether you’re an investor, entrepreneur, or professional, Mint Bengaluru is your go to source for unbiased journalism and data-driven analysis.

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