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Mint Chennai

Importers dodge platinum duty

A few bullion dealers and jewellers are exploiting a loophole in an import rule to avoid duty on platinum, making a neat 4—4.5% running into tens of crores, according to a top executive from a bullion trade lobby.

2 min  |

November 06, 2025
Mint Chennai

Mint Chennai

Piramal Finance is open to patient foreign capital: CEO

Says lender not quite keen to onboard investors who have a finite view of the business

3 min  |

November 06, 2025

Mint Chennai

Let’s relieve savers of their tax burden on bank deposits

Is it time to put a special tax dispensation in place for interest on bank deposits? This may sound antithetical to the government’s approach so far of running an alternative income tax regime in parallel that levies lower rates but without exemptions or concessions.

3 min  |

November 06, 2025
Mint Chennai

Mint Chennai

Birla Opus CEO Hargave quits to lead Britannia

Biscuit-maker Britannia Ltd has appointed Rakshit Hargave as its new chief executive officer starting 15 December, the company said ina stock exchange filing on Wednesday.

1 min  |

November 06, 2025
Mint Chennai

Mint Chennai

Will Flipkart’s bet on Gen Z fashion pay off?

report noted that the age group accounts for 25% share of GMV for the e-lifestyle segment, valued at around $4-billion in gross merchandise value.

1 min  |

November 06, 2025
Mint Chennai

Mint Chennai

How Delhi Crime set the bar for cop shows

With its third season looming, Mint speaks to the stars and creators of the Netflix show, whose gritty tone has been imitated but not bettered

4 min  |

November 06, 2025
Mint Chennai

Mint Chennai

WHY EPFO'S NEW WITHDRAWAL TIMELINES COULD CREATE MORE PAIN THAN PURPOSE

For millions of salaried Indians, tapping EPF savings just got harder. The EPFO has extended the wait for full withdrawals, raising concern that a move to promote long-term savings may instead add red tape. At its 238th meeting, the board eased partial withdrawals but stretched full withdrawal timelines—from two months to 12 months for EPF and up to 36 months for the pension scheme. With average balances below %2 lakh, the change is meant to deter early exits. But a reform meant to build discipline may end up testing patience.

2 min  |

November 06, 2025

Mint Chennai

Cash flow concerns remain for Kaynes

Electronics manufacturer Kaynes Technology has pushed back its target of turning net cash positive to the end of the current fiscal year, after missing its guidance given last quarter to generate free cash flow by the end of September.

2 min  |

November 06, 2025

Mint Chennai

Amazon increases storage fees by 11%

Amazon India has raised its warehouse storage fees by about 11% to ₹50 per cubic centimetre per month, effective 15 November 2025, marking its first storage fee adjustment since 2023, citing market alignment and higher operational costs.

1 min  |

November 06, 2025

Mint Chennai

Tesla to investors: Pay Musk or else

Tesla’s board of directors has pushed in all its chips on Elon Musk. Now investors must decide whether to back the biggest bet in company history.

1 min  |

November 06, 2025

Mint Chennai

Sun Pharma beats Street; Q2 net profit rises 2.6%

Sun Pharmaceutical Industries on Wednesday beat Street estimates for the September quarter with a consolidated net profit of %3,117.95 crore, up 2.6% from 3,040.16 crore reported inthe year-ago period. India's largest drugmaker by sales said its revenue from operations rose 8.6% year-on-year (y-0-y) to %14,405.2 crore.

1 min  |

November 06, 2025

Mint Chennai

Actis looks to buy Sprng from Shell

Blackstone, Brookfield also interested in green power firm

2 min  |

November 06, 2025

Mint Chennai

Why Airtel Arpu is ahead of Jio's

Bharti Airtel Ltd has delivered an impressive sequential gain of 2.4% in average revenue per user (Arpu) for the September quarter (Q2FY26), rising to ₹256. Its rival Reliance Jio posted a modest 1.2% growth to ₹211.4.

2 min  |

November 06, 2025
Mint Chennai

Mint Chennai

Palantir’s market value skyrocketed. See how its revenue is still catching up.

In a market full of stocks that are wildly expensive by historical standards, Palantir is a standout.

3 min  |

November 06, 2025

Mint Chennai

Microsoft's Copilot in India to get local data processing

Microsoft has announced plans to introduce in-country data processing for its artificial intelligence (AI) tool, Microsoft 365 Copilot, in 15 countries by 2025, including India, to strengthen data sovereignty and regulatory compliance.

1 min  |

November 06, 2025

Mint Chennai

Legacy 2-wheeler cos fire up e-bikes

India’s biggest motorcycle makers are quietly gearing up for the next frontier in electrification — electric motorcycles.

1 min  |

November 06, 2025
Mint Chennai

Mint Chennai

Trading fork and knife for toothpicks in San Sebastián

The ‘pintxos' hop is the best way to eat in the beautiful Spanish city, where a pub crawl is a delicious social ritual

3 min  |

November 06, 2025

Mint Chennai

DIIs lead FPIs six quarters running

A quiet power shift is reshaping India’s equity market. For six straight quarters, domestic institutions have held a larger share of listed stocks than foreign investors, marking the first sustained reversal in decades and signalling a market now driven by local money.

2 min  |

November 06, 2025
Mint Chennai

Mint Chennai

India's largest e-bus tender deferred a third time as cos seek extension

The government has deferred the deadline to submit tenders under the electric bus incentive scheme for the third time as companies sought an extension, citing the festive season, according to an official in the know.

2 min  |

November 06, 2025

Mint Chennai

NY plant fire to hit cash flow: Novelis

Novelis on Wednesday said it expects the free cash flow for the current financial year to be negatively impacted by $550-650 million due to fire incident at its plant in New York in September.

1 min  |

November 06, 2025

Mint Chennai

IndiGo to ease off aircraft lease model

shifting to include financial leases and even some direct ownership.”

2 min  |

November 06, 2025

Mint Chennai

Can Mamdani's NYC win influence US capitalism?

An openly socialist candidate was elected New York's mayor in a deeply capitalist country. If his welfare agenda is fiscally sound, it could change his party—and maybe America too

2 min  |

November 06, 2025

Mint Chennai

Large clients keep Indian IT afloat amid Al uncertainties

Large clients helped soften the blow from an artificial intelligence (AI)-powered upheaval for at least three of India's top five software services providers this year so far.

1 min  |

November 06, 2025

Mint Chennai

The great IPO rush: Never go by the big names that have invested

They invest under different conditions and often have financial motives that aren't aligned with ours

4 min  |

November 06, 2025
Mint Chennai

Mint Chennai

IndiGo to ease off aircraft lease model that made it airline No.1

IndiGo Airlines, India's largest carrier, is steadily shifting to owning and financially leasing commercial jets in place of its earlier successful strategy of selling and leasing back planes, its chief executive said.

1 min  |

November 06, 2025
Mint Chennai

Mint Chennai

Bankruptcy regulator revises rules to ease unfreezing assets

India‘s bankruptcy regulator has stepped in to break a gridlock between insolvency and money-laundering laws that has often stalled revival of companies.

1 min  |

November 06, 2025

Mint Chennai

Legacy two-wheeler makers fire up electric bikes

which started on 4 November, TVS chairman and managing director Sudarshan Venu told Mint that its premium motorcycle brand Norton could see electric motorcycles as an opportunity in the future.

1 min  |

November 06, 2025

Mint Chennai

IndiGo preps for long haul even as rupee decline drags Q2

Interglobe Aviation Ltd’s (IndiGo) September quarter (Q2FY26) revenue grew 9% year-on-year, aided by optimized capacity addition, more passengers, and a better yield (a pricing metric).

1 min  |

November 06, 2025
Mint Chennai

Mint Chennai

Centre rejigs RoC framework to make it friendlier, efficient

The ministry of corporate affairs has passed orders to roll out a revamped compliance and oversight system for companies and LLPs starting 1 January 2026-the biggest administrative shakeup in years aimed at improving both ease of doing business as well as regulatory efficiency, a person with direct knowledge of the decision said.

1 min  |

November 06, 2025

Mint Chennai

Evonith Steel targets aggressive capacity ramp-up in five years

Nithia Capital-owned Evonith Steel, which acquired the bankrupt Uttam Group in 2020, has now set a target to become India’s fifth-largest steelmaker.

1 min  |

November 06, 2025