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Mint New Delhi

Mint New Delhi

TPG-backed lender Fibe hires bankers for ₹1k-1.5k crore IPO

TPG-backed online lending platform Fibe has shortlisted three investment bankers to steer its initial public offering (IPO), through which it plans to raise between ₹1,000 crore and ₹1,500 crore at a targeted valuation of over $1 billion, three people familiar with the matter said.

1 min  |

October 09, 2025

Mint New Delhi

Cisco unveils chip to connect distant AI data centres

Cisco Systems launched on Wednesday a new networking chip designed to connect artificial intelligence (AI) data centres, with the cloud computing units of Microsoft and Alibaba enrolling as the chip’s custom-crs.

1 min  |

October 09, 2025

Mint New Delhi

America's soybean farmers are panicking over the loss of Chinese buyers

China hasn't booked any U.S. soybean purchases in months; farmers warn of 'bloodbath'

4 min  |

October 09, 2025
Mint New Delhi

Mint New Delhi

HOW MODI'S TRIBAL VISION BECAME A NATIONAL MOVEMENT

FROM GUJARAT TO THE NATION

2 min  |

October 09, 2025
Mint New Delhi

Mint New Delhi

Our lacklustre market: The fault, dear investor, is not in our stars

Foreign investors have rational and opportunistic reasons to pull money out but the India Story must refresh its appeal too

4 min  |

October 09, 2025
Mint New Delhi

Mint New Delhi

Airtel's chief flags regulatory overreach in telecom sector

Telcos face disproportionate regulatory burden compared to other digital players, Vittal said

3 min  |

October 09, 2025

Mint New Delhi

RBI restricts Baghat Urban Co-op Bank

The Reserve Bank of India (RBI) has imposed several restrictions on Solan-based The Baghat Urban Cooperative Bank, including a ₹10,000 cap on withdrawal per customer.

1 min  |

October 09, 2025

Mint New Delhi

Trump wants to overhaul drug sales. A company tied to his son stands to benefit.

The country’s top drugmakers are set to meet in early December at the Four Seasons hotel in Georgetown with Donald Trump Jr. and senior Trump administration officials that regulate the pharmaceutical industry.

4 min  |

October 09, 2025

Mint New Delhi

Lord's Mark secures US FDA registration, boosting Indian healthcare manufacturing

Lord's Mark Industries Limited has received US FDA registration for its range of surgical consumables, orthopaedic supports, and hygiene products, marking a major milestone in its global expansion and reinforcing India's position in the international healthcare supply chain.

2 min  |

October 09, 2025
Mint New Delhi

Mint New Delhi

AI's impact on fair competition: Test first, legislate later

Artificial Intelligence (AI) has moved from the laboratory into the heart of commerce, with algorithms setting cab fares, recommending films to watch and increasingly determining prices in online marketplaces.

3 min  |

October 09, 2025
Mint New Delhi

Mint New Delhi

India to stop substandard drug imports with digital gatekeeping

India's top drug regulator is preparing to link its designated ports with the country's digital customs gateway to strengthen oversight, and ensure that only safe medicines, devices, and cosmetics enter the domestic market, according to an official aware of the matter and documents reviewed by Mint.

1 min  |

October 09, 2025

Mint New Delhi

Anthropic to open India office in 2026

Anthropic, the artificial intelligence (AI) startup backed by Alphabet's Google and Amazon.com, said on Tuesday it will open its first office in India next year, aiming to tap into the country's growing appetite for AI tools.

1 min  |

October 09, 2025

Mint New Delhi

Gold zooms past $4,000 for first time

Gold raced past $4,000 an ounce for the first time on Wednesday as investors piled into a record-breaking rally in the safe-haven asset to hedge against global economic uncertainty.

1 min  |

October 09, 2025
Mint New Delhi

Mint New Delhi

Daikin to invest ₹1,000 cr in Haryana

A Memorandum of Understanding (MoU) was signed in Osaka, Japan in the presence of the state chief minister Nayab Singh Saini, who along with a high-level delegation is on an official visit to the country from 6 to 8 October.

1 min  |

October 09, 2025

Mint New Delhi

Addressing a Market Gap: The Case for 'Make in India' Dialysis

Chronic Kidney Disease (CKD) is rapidly emerging as a major public health challenge in India, imposing a significant economic burden on individuals and the healthcare system.

1 min  |

October 09, 2025

Mint New Delhi

Competitive exams in India: Are we testing the right parameters?

Their focus is on skills that often have nothing to do with requirements of the actual roles on offer

3 min  |

October 09, 2025

Mint New Delhi

SBI eyes deal finance on home turf as Indian banks may get an entry

Having financed India Inc.’s overseas buyouts for long, State Bank of India (SBI) sees itself ready to underwrite mergers and acquisitions (M&As) at home, as the Reserve Bank of India (RBI) considers opening that door for domestic lenders.

2 min  |

October 09, 2025
Mint New Delhi

Mint New Delhi

ReNew in $190-million Sembcorp solar deal

Nasdaq-listed firm is selling assets as part of its capital recycling strategy

2 min  |

October 09, 2025
Mint New Delhi

Mint New Delhi

India lines up ₹7,300-crore push for rare earth magnets

Companies interested in making the magnets need to invest at least ₹200 crore

2 min  |

October 09, 2025
Mint New Delhi

Mint New Delhi

Starmer resists demands for more visas for Indians

Prime Minister Keir Starmer said he would resist demands from business to allow more highly skilled workers from India to come to the UK following a free trade agreement (FTA) between the two countries.

1 min  |

October 09, 2025
Mint New Delhi

Mint New Delhi

Hyundai gets cold shoulder from Trump despite charm offensive

The Korean carmaker is betting big on the U.S., even as new trade and immigration policies pose hurdles

8 min  |

October 09, 2025
Mint New Delhi

Mint New Delhi

VALUATIONS REVERT TO THE MEAN, BUT THE MEAN IS ALWAYS A MOVING TARGET

In investing, mean reversion is the idea that asset valuation ratios tend to move towards their historical averages over time.

3 min  |

October 09, 2025

Mint New Delhi

UK fintech Revolut eyes India foray

London-based digital finance firm Revolut said on Wednesday it will launch its payment platform in India, its first foray into one of the world’s largest digital payments markets, as part of a planned global expansion.

1 min  |

October 09, 2025

Mint New Delhi

Cheaper gas would help India reduce emissions

India’s economy must find an optimal path to its net-zero goal. An expected decline in global prices would make gas affordable enough to enlarge its role in carbon reduction

2 min  |

October 09, 2025

Mint New Delhi

Bira seeks $132 mn in record fundraising

Indian craft beer maker Bira is in talks to raise $132 million in its biggest ever fundraising, with New York-based investment group Global Emerging Markets (GEM) as one of the potential suitors, according to term sheets seen by Reuters.

1 min  |

October 09, 2025
Mint New Delhi

Mint New Delhi

Mini packs, big reach: Estée Lauder eyes India middle class

The American cosmetics and beauty giant is looking to expand investments in the country

3 min  |

October 09, 2025

Mint New Delhi

'Deep ambitions' for India: Rolls-Royce

Rolls-Royce has “deep ambitions” to develop India as its “home” market and foster strategic partnership riding on its technologies across land, air and sea domains, British defence major’s chief executive officer Tufan Erginbilgic said on Wednesday.

1 min  |

October 09, 2025

Mint New Delhi

Gold hits a new high

Gold seems to be on an unstoppable uprun.

1 min  |

October 09, 2025

Mint New Delhi

Fraudsters will mourn the end of UPI payment requests

The National Payments Corporation of India (NPCI) has phased out a major feature of the Unified Payments Interface (UPI) that has long made peer-to-peer (P2P) transactions both convenient and risky. From 1 October, the \"collect request\" option for P2P transactions has been withdrawn. This is a decisive step to combat a surge in financial fraud within India's digital payments ecosystem.

3 min  |

October 09, 2025

Mint New Delhi

Irdai flags gaps in insurance coverage

India needs to reconsider its insurance distribution strategies to reach every person in the country and meet the ‘Insurance for All’ goal by 2047, said Deepak Sood, whole-time member (non-life) of the Insurance Regulatory and Development Authority of India (Irdai).

1 min  |

October 09, 2025

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