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Mint New Delhi

Marengo Asia eyes ₹400 cr fundraise

Marengo Asia Healthcare, the hospital platform backed by Samara Capital and the family offices of the Havells and Godrej groups, is seeking to raise ₹400-500 crore, with LeapFrog Investments, IFC and NIIF, among others, evaluating a minority stake in the company, three people aware of the discussions said.

1 min  |

June 02, 2026

Mint New Delhi

Chinese back to luxury buys as stock market rebounds

Chinese consumers are showing signs of a renewed appetite for high-end beauty and fashion products, a rare bright spot for global luxury brands after years of weak demand and margin-eroding discounts in their most important growth market.

2 min  |

June 02, 2026
Mint New Delhi

Mint New Delhi

Former Fed chair Powell delivers a pointed warning, wrapped in abstraction

In a speech that dwelled on lofty civic themes, former Federal Reserve Chair Jerome Powell grew conspicuously specific about one thing on Sunday night: that the central bank cannot survive if any administration finds a way to remove its officials over policy disagreements.

2 min  |

June 02, 2026
Mint New Delhi

Mint New Delhi

'Private deals in focus amid IPO slowdown'

Global uncertainty and a softer initial public offering (IPO) market are pushing more companies toward private market transactions, even though investors take longer to close deals amid a sharper scrutiny of valuations and earnings resilience, a senior executive at Deloitte South Asia said.

1 min  |

June 02, 2026

Mint New Delhi

Rising costs squeeze India Inc's Q4 margins

More firms slipped into losses in Q4 despite a broader revenue recovery

2 min  |

June 02, 2026

Mint New Delhi

Nvidia takes on Intel in PCs with new AI chip

Nvidia Corp. is entering the PC market with a new chip aimed at loosening the stranglehold of Intel Corp. technology in that arena and modernizing the machines for the AI era.

1 min  |

June 02, 2026
Mint New Delhi

Mint New Delhi

Romanticizing self-care to deal with adenomyosis

For most of her adult life, Naimita Jagasia felt as though she was fighting her body without ever being given a clear explanation why.

3 min  |

June 02, 2026
Mint New Delhi

Mint New Delhi

Reforms on securities, housing laws likely soon

The changes may further consolidate regulatory powers with RBI while clarifying NHB's developmental role.

3 min  |

June 02, 2026

Mint New Delhi

Data centres power Cummins, but is it overvalued?

Cummins India's Q4FY26 earnings suggest its growth story is tied to the rise of data centres, extending beyond its traditional power-generation roots.

1 min  |

June 02, 2026
Mint New Delhi

Mint New Delhi

GST mop-up rises 3.2% in May

The Centre and states together collected ₹1.94 trillion in gross goods and services tax (GST) revenue before adjusting for refunds in May 2024, according to data released by the finance ministry on Monday.

1 min  |

June 02, 2026

Mint New Delhi

India has reimagined coal usage for the age of net-zero targeting

The Centre's coal gasification plan offers secure energy supply without compromising climate goals

3 min  |

June 02, 2026
Mint New Delhi

Mint New Delhi

India's fiscal deficit surges in April as receipts drop, spending jumps

India’s fiscal deficit surged to ₹3.62 trillion in April, nearly doubling from a year earlier, driven by a sharp decline in revenue receipts and a jump in expenditure in the first month of the ongoing financial year.

2 min  |

June 02, 2026

Mint New Delhi

Relief for HDFC AMC in cyber theft case

The Bombay High Court (HC) has granted a temporary injunction against a ransomware group identifying itself as “Morpheus” from distributing or disclosing confidential data exfiltrated by it from HDFC Asset Management Co. Ltd (HDFC AMC).

1 min  |

June 02, 2026
Mint New Delhi

Mint New Delhi

Oberoi luxury flat sees ₹27.5 lakh rent

Ecrive Trading and Resorts Pvt. Ltd, in which retail chain DMart founder and chairman Radhakishan Damani is a director, has leased a luxury apartment in Mumbai's upscale Worli locality to One SGG Ventures LLP for a monthly rent of ₹27.5 lakh, in one of the most expensive residential rental transactions in recent times.

1 min  |

June 02, 2026
Mint New Delhi

Mint New Delhi

India lowers fertilizer estimate after monsoon downgrade

India reduced its fertilizer demand estimate for the kharif season after the met office downgraded its monsoon forecast, adding to pressure on an agriculture sector coming to grips with disruptions from the West Asia war.

2 min  |

June 02, 2026
Mint New Delhi

Mint New Delhi

India's manufacturing PMI climbs to 3-month high in May

After losing momentum in March due to the West Asia conflict, growth across India’s private sector has expanded faster since the start of the new fiscal year.

1 min  |

June 02, 2026

Mint New Delhi

CEPI to give $60 mn for Ebola vaccine

The Coalition for Epidemic Preparedness Innovations (CEPI) will give roughly $60 million to Moderna and to two other groups to accelerate the development of shots against Ebola Bundibugyo, the deadly virus that has swept through eastern Democratic Republic of Congo.

1 min  |

June 02, 2026

Mint New Delhi

Industrial output grows 4.9% in April

India’s industrial output, as measured by the Index of Industrial Production (IIP), grew 4.9% year-on-year in April, data released by the statistics ministry on Monday showed.

1 min  |

June 02, 2026
Mint New Delhi

Mint New Delhi

Auto industry sees good growth in May

Carmakers posted strong sales in May, with Maruti Suzuki and Kia India registering record sales, carrying forward the momentum witnessed at the beginning of the new fiscal.

1 min  |

June 02, 2026
Mint New Delhi

Mint New Delhi

RIL cuts new hires by 90,000 in FY26, headcount nears 420,000

Reliance Industries Ltd (RIL), one of India’s largest employers, may have reduced its new hirings by as much as 90,000 in fiscal year 2026 (FY26) from the previous year.

3 min  |

June 01, 2026
Mint New Delhi

Mint New Delhi

Cash-futures split, likely HFT play signal rebound

The steep market correction in the last 30 minutes of Friday's trading was likely a one-off affair due to a technical index review, with the stage set for a bounce within a narrow 300-point range that the Nifty has largely traded over the past month, analysts said.

3 min  |

June 01, 2026
Mint New Delhi

Mint New Delhi

Youthful workers at Infosys are now fewest in 15 years

Almost half of Infosys Ltd’s 320,000 employees are now over 30 years old, the highest in the last 15 years, underscoring the challenges faced by the country's second-largest information technology (IT) services firm as more young people explore careers beyond the IT sector.

3 min  |

June 01, 2026
Mint New Delhi

Mint New Delhi

The high-stakes hunt for the next Amazon in the AI haystack

Where will the money be made next in artificial intelligence? Bankers are gearing up to sell SpaceX, Anthropic and OpenAI to investors in a series of giant IPOs. Should investors just buy anything with a hint of AI, or try to find the bottlenecks in the parts of the AI supply chain, the “stack,” where bottlenecks capture more of the value?

3 min  |

June 01, 2026
Mint New Delhi

Mint New Delhi

RBI may stay on pause as inflation clouds outlook

A Mint poll suggests the central bank may also maintain its neutral stance

4 min  |

June 01, 2026
Mint New Delhi

Mint New Delhi

Pvt Adani co quietly builds ₹50,000-cr orders, eyes buyouts

A little-known Adani Group company has quietly emerged as one of India’s largest infrastructure platforms and is now looking to strengthen its in-house project execution capabilities through acquisitions, according to an India Ratings report of 2 April and an executive familiar with the matter.

2 min  |

June 01, 2026
Mint New Delhi

Mint New Delhi

Luxury hotels bet on premium staycations

Affluent Indians are favouring shorter, premium domestic experiences

2 min  |

June 01, 2026
Mint New Delhi

Mint New Delhi

‘FPIs avoid IPOs, seek block deals amid high valuations’

Global institutional anchoring for domestic IPOs saw a 40% year-on-year decline in 2026

3 min  |

June 01, 2026
Mint New Delhi

Mint New Delhi

Energy security must be treated like a vital part of India’s strategy

The West Asia crisis is reminder that this is not a procurement exercise but a strategic imperative in need of close attention

4 min  |

June 01, 2026

Mint New Delhi

INDIA MUST HEED NATURE BEFORE HISTORY REPEATS

If you stand at the ramparts of Fatehpur Sikri, you will notice the howling winds rising from the arid land echoing subdued moans of history. Emperor of India Jalaluddin Mohammed Akbar’s new capital city was inaugurated with a lot of fanfare.

3 min  |

June 01, 2026

Mint New Delhi

Coffee Day Global returns to profit

Coffee Day Global Ltd, the operator of popular cafe chain Café Coffee Day, reported a profit after tax (PAT) of ₹14 crore in fiscal year 2026 (FY26), while its revenue from operations grew 5.7% to ₹1,094 crore.

1 min  |

June 01, 2026