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Mint Kolkata

Mint Kolkata

Mutual funds move to trim KYC costs with own registry

The mutual fund industry is working to create its own KYC Registration Agency (KRA) to slash know-your-customer (KYC) expenses that have become a perpetual burden, four people familiar with the discussions said.

1 min  |

May 21, 2026

Mint Kolkata

Indraprastha Gas volumes up, but margins face a squeeze

Indraprastha Gas Ltd’s (IGL) Q4FY26 earnings underscored a familiar contradiction for city gas distributors (CGDs)—robust demand growth amid rising concerns over profitability owing to cost pressures.

1 min  |

May 21, 2026

Mint Kolkata

Ola misses revenue guidance, cuts loss

Ola Electric Mobility Ltd missed its full-year revenue guidance for FY26 after sales nearly halved amid operational challenges and mounting competition in India’s electric two-wheeler market, with the company’s annual revenue falling below rival Ather Energy Ltd for the first time.

1 min  |

May 21, 2026
Mint Kolkata

Mint Kolkata

East Asia's manufacturing model can't be imported by everyone

Times have changed and competing in world markets now calls for capabilities that are relatively scarce in poorer countries

4 min  |

May 21, 2026
Mint Kolkata

Mint Kolkata

Ola Electric fails to meet FY26 revenue guidance, cuts losses

The revenue decline also allowed cross-town rival Ather Energy Ltd to overtake Ola Electric in annual revenue for the first time since the two companies began selling scooters together.

2 min  |

May 21, 2026
Mint Kolkata

Mint Kolkata

The gentle Japanese Palme d'Or contender

Ryusuke Hamaguchi's All of a Sudden is a quietly radical piece of cinema

1 min  |

May 21, 2026
Mint Kolkata

Mint Kolkata

Greater transparency is good for Indian banking

RBI's move to align bank disclosures with international norms is welcome. Making its own bank-inspection reports public might also support the cause of improved market discipline

2 min  |

May 21, 2026
Mint Kolkata

Mint Kolkata

Centre weighs DNA-based testing for meat verification

BIS has started a study to validate a real-time PCR-based test to detect buffalo DNA

1 min  |

May 21, 2026

Mint Kolkata

What explains the rush to sell us global and private credit funds?

Most appear to be chasing retail investor money that is flowing into these as part of the latest fad

4 min  |

May 21, 2026

Mint Kolkata

Core sector 1.7% up in April on steel output

India’s core infrastructure sector growth rose 1.7% year-on-year in April, up from 1.2% in March, driven by strong output in steel, cement and electricity, even as five of the eight core industries remained in contraction.

1 min  |

May 21, 2026
Mint Kolkata

Mint Kolkata

Marriott bets on India travel surge despite West Asia war

American hospitality chain Marriott International is betting on a surge in outbound Indian travellers despite temporary disruptions from the West Asia war and Prime Minister Narendra Modi’s call for austerity, with growth likely to reshape loyalty programmes that reward customers with points and perks for repeat stays.

2 min  |

May 21, 2026
Mint Kolkata

Mint Kolkata

Tata Capital IPO buoys Tata Sons

A 36,700-crore windfall from the listing of Tata Capital last October will help Tata Sons offset an over 10% decline in dividend income from its listed companies, and help the holding firm end FY26 with its overall revenue higher than the previous year.

1 min  |

May 21, 2026

Mint Kolkata

Zydus Lifesciences beats estimates

Zydus Lifesciences beat street estimates, with its revenue for the final quarter of fiscal year 2025-26 (FY26) rising 16% and net profit, adjusted for exceptional items, 15% year-on-year.

1 min  |

May 20, 2026

Mint Kolkata

Rupee hits new low of 96.70 per dollar

The rupee descended for the eighth consecutive session and ended 50 paise down at its lowest-ever level of 96.70 against the US dollar on Tuesday, weighed down by soaring crude oil prices, persistent foreign capital outflows, and a resilient dollar buoyed by global risk-aversion.

1 min  |

May 20, 2026
Mint Kolkata

Mint Kolkata

Carmakers seek flex-fuel sops amid blending drive

Call for lower prices for high-ethanol fuels as govt issues standards for E85, E100

2 min  |

May 20, 2026
Mint Kolkata

Mint Kolkata

West Asia war to hurt India’s FY27 growth: rating agencies

India’s FY27 economic growth rate is likely to slow from that of the year ended 31 March, due to the West Asia war pushing crude oil to uncomfortable levels, fanning domestic inflation, and eroding the room for monetary easing, according to rating agencies India Ratings and Research (Ind-Ra) and Icra Ltd.

1 min  |

May 20, 2026

Mint Kolkata

Work from home is more of a problem than a solution

Prime Minister Narendra Modi has urged employees across organizations to work from home (WFH).

3 min  |

May 20, 2026
Mint Kolkata

Mint Kolkata

How Orange Health aims to be the Zepto of blood tests

Accelerator’s Bhatia. Tata 1mg co-founder Gaurav Agarwal had a more nuanced view.

2 min  |

May 20, 2026
Mint Kolkata

Mint Kolkata

New land-transfer norms to aid public asset monetization

The move unlocks public land assets under the second phase of the ₹16.7 trillion NMP 2.0

2 min  |

May 20, 2026

Mint Kolkata

Amber faces near-term margin pain, revenue shift can help

Amber Enterprises India ended FY26 with 22% year-on-year revenue growth to ₹12,186 crore, driven by consumer durables and electronics.

1 min  |

May 20, 2026
Mint Kolkata

Mint Kolkata

AIFs seek easier accreditation rules, sharper incentives

India’s alternative investment funds are seeking to widen access to a small but fast-growing pool of wealthy investors, arguing that a cumbersome accreditation system and limited incentives are slowing participation even as the sector grows quickly.

1 min  |

May 20, 2026
Mint Kolkata

Mint Kolkata

Mastering the important and quiet skill of AI prompting

Learning how to use AI chatbots is an important skill. But to do so in an easy and reliable way, one has to understand the concept of ‘AI fluency’

4 min  |

May 20, 2026

Mint Kolkata

How to get the best value for money for your EV

EVs are no longer futuristic alternatives—they are financial hedges against fuel volatility

4 min  |

May 20, 2026
Mint Kolkata

Mint Kolkata

Cognizant doubles its share buyback target to $2 bn in '26

The firm looks to give confidence to investors after its stock was battered this year

3 min  |

May 20, 2026

Mint Kolkata

RIL explores BESS parts deal with CATL

Reliance Industries Ltd is in talks with Chinese battery behemoth CATL and other global suppliers to procure parts for battery energy storage systems (BESS), according to people familiar with the matter, as India’s largest company seeks to advance its renewable energy ambitions in the face of China’s tech curbs.

1 min  |

May 20, 2026

Mint Kolkata

Google, Blackstone to create AI cloud biz

Alphabet Inc.’s Google is set to create an artificial intelligence (AI) cloud business with Blackstone Inc., aiming to compete with companies like CoreWeave Inc. in a burgeoning market, according to people familiar with the matter.

1 min  |

May 20, 2026
Mint Kolkata

Mint Kolkata

North, Central India to face severe heatwave this week

Meanwhile, India’s peak power demand has already hit a record high of 260.45GW

1 min  |

May 20, 2026

Mint Kolkata

Copper cos oppose scrap-based rods

India’s top copper producers, including Adani, Vedanta and Hindalco, are opposing plans to make copper wire made by secondary refiners acceptable under government quality standards, saying products made from scrap pose safety risks.

1 min  |

May 20, 2026

Mint Kolkata

Earnings pops fail to keep investors in high spirits

India’s earnings season is sending a clear message to investors: Quarterly earnings beats alone are no longer enough to keep stocks flying.

1 min  |

May 20, 2026

Mint Kolkata

ITALY & INDIA: STRATEGIC PARTNERSHIP FOR INDO-MEDITERRANEAN

The relationship between India and Italy has now reached a decisive stage, evolving from a cordial friendship into a special strategic partnership grounded in the values of freedom and democracy, and a common vision for the future.

4 min  |

May 20, 2026