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Newspaper

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

Mint Chennai

Humans risk becoming tools in the hands of AI systems

Intheir book, [f Anyone Builds It Everyone Dies, Eliezer Yudkowsky and Nate Soares argue that intelligence comprises two types of work: predicting the world and steering it.

4 min  |

November 05, 2025
Mint Chennai

Mint Chennai

Trump officials torpedoed Nvidia’s push to export AI chips to China

US President decided not to discuss matter with Chinese leader Xi after aides opposed company's request

4 min  |

November 05, 2025
Mint Chennai

Mint Chennai

Akshayakalpa milks growth from new protein-rich dairy

The firm is set to partner more dairy farmers, add processing units at three existing clusters

3 min  |

November 05, 2025

Mint Chennai

Quantum MF resets course with new CEO

A two-decade-old mutual fund that kept a low profile in Mumbai's Churchgate area is trying to make a comeback with a new chief executive and revamped strategies.

2 min  |

November 05, 2025
Mint Chennai

Mint Chennai

Incremental but still exceptional, with a big AI leap

The M5 chip brings real gains for those building or running AI models. For everyone else, the changes feel theoretical

3 min  |

November 05, 2025

Mint Chennai

The CEO behind Kimberly-Clark's $40 billion gamble on Tylenol maker

Mike Hsu aims to stoke the consumer company's growth by veering into Kenvue's higher-margin but risky health products

5 min  |

November 05, 2025
Mint Chennai

Mint Chennai

How India Inc. lost its non-core swag in September quarter

In the absence of these gains, net profit growth has slowed to a four-quarter low of 7.5% year-on-year, with sequential profits down 6.5%, extending a 3% decline in the June quarter, as per the Mint analysis.

1 min  |

November 05, 2025
Mint Chennai

Mint Chennai

End of an era: Hinduja chief dies at 85

Gopichand P. Hinduja, chairman of Hinduja Group and one of the most influential figures in global business, passed away at 85 in a London hospital, PTI reported. Fondly known as GP in business circles, Gopichand had been unwell for the past few weeks, the report added, citing people in the know.

2 min  |

November 05, 2025

Mint Chennai

Air travel pain relief

Frustrated by airline ticket can- cellation charges, refund delays and charges for a wrong-name entry even though the airline is to blame? Fret not.

1 min  |

November 05, 2025

Mint Chennai

Export headwinds: Can services ride them out?

Weak merchandise exports to the US aren't a surprise, but service exports have slumped too. However, India's 'de facto exports' could rise even as direct earnings from service exports fall

2 min  |

November 05, 2025

Mint Chennai

NSE sets ₹1,300 cr aside to settle cases

The National Stock Exchange of India (NSE), the operator of the country's biggest bourse, said on Tuesday it has set aside nearly ₹1,300 crore to settle cases pending with the markets regulator as it seeks to push ahead with a long-delayed initial public offering (IPO).

1 min  |

November 05, 2025

Mint Chennai

Serum’s new TB vaccine denied approval

India's top drug regulator has denied approval for Serum Institute of India Pvt. Ltd.'s new tuberculosis vaccine, calling the test data \"not adequate and conclusive\", according to a document and two government officials familiar with the matter.

2 min  |

November 05, 2025

Mint Chennai

Mehli Mistry not to contest ouster from Tata Trusts

Businessman Mehli Mistry on Tuesday informed the Tata Trusts that he does not wish to contest his removal from the philanthropic entities, less than 96 hours after challenging his ouster before the Maharashtra charity commissioner.

1 min  |

November 05, 2025
Mint Chennai

Mint Chennai

Aakash CFO Vipan Joshi quits as leadership churn deepens

Vipan Joshi, chief financial officer at Aakash Educational Services Ltd, has resigned effective 31 October, two people aware of the development said, adding to a leadership churn as the company proceeds with a rights issue.

2 min  |

November 05, 2025
Mint Chennai

Mint Chennai

Revised norms for stockbrokers by year-end: Sebi chief

The Securities and Exchange Board of India (Sebi) plans to revise the 30-year-old regulations on the registration, conduct, and responsibilities of stockbrokers and sub-brokers in India by December, according to chairperson Tuhin Kanta Pandey.

1 min  |

November 05, 2025
Mint Chennai

Mint Chennai

Wall Street intensifies scrutiny of fraud after spate of loan losses

A string of alleged frauds by corporate borrowers is spurring a reckoning across Wall Street, sending bankers and investors scrambling to prevent future blowups.

2 min  |

November 05, 2025

Mint Chennai

RBI's rupee defence saps liquidity

Economists said the RBI has scope to buy ₹1-1.5 trillion of government bonds.

1 min  |

November 05, 2025

Mint Chennai

Groww IPO hits 57% on first day

The initial public offering of Billionbrains Garage Ventures, the parent company of stock broking firm Groww, garnered 57% subscription on the first day of the share sale on Tuesday.

1 min  |

November 05, 2025

Mint Chennai

Our lofty goals are cued by the statecraft of aspirations

India’s developmental journey over the last decade or so has been marked by an ambitious setting of goals—defined by slogans, timelines, dashboards and often quantified targets.

3 min  |

November 05, 2025