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Mint Kolkata

Rallis Aims To Double Sales In 5 Years Without Spending Big

While business is profitable and stable, shareholders' expectations are different, says CEO

2 min  |

June 06, 2025

Mint Kolkata

Jupiter in talks to raise $50 mn

Neobanking startup Jupiter is in early-stage discussions to raise $30-50 million from existing investors to fund expansion, according to four people familiar with the plan.

1 min  |

June 06, 2025

Mint Kolkata

Central Bank buys +25% of FGILICL

State-owned Central Bank of India on Thursday said it has acquired a 25.18% stake in Future Generali India Life Insurance Co. Ltd (FGILICL) for a cash consideration of ₹57 crore as part of the insolvency process.

1 min  |

June 06, 2025

Mint Kolkata

Govt backs all green mobility

ALL ROADS TO GREEN PLI-Auto is a ₹25,938-cr scheme offering incentives to make vehicles that run on green fuel THE heavy industries ministry expects ₹2,000 cr in PLI-Auto claims from the industry in FY26

3 min  |

June 06, 2025

Mint Kolkata

The Ukrainian Spy Agency Behind the Stunning Strike on Russia's Bomber Fleet

Ukraine's SBU security service was behind some key attacks in the war

5 min  |

June 06, 2025

Mint Kolkata

Medikabazaar CEO Injects Growth Shot

After prolonged legal battles, the startup is now focusing on growing exports and expanding its product range

2 min  |

June 06, 2025

Mint Kolkata

Alphabet CEO expects to keep hiring engineers as AI advances

US tech leaders have trimmed staff this year, reflecting in part the investments needed to ensure leadership in AI

2 min  |

June 06, 2025

Mint Kolkata

Israel's government wobbles as Netanyahu allies threaten exit

Israeli Prime Minister Benjamin Netanyahu's ruling coalition faces the possibility of collapse and early elections after his ultra-Orthodox partners threatened to bring down the government.

1 min  |

June 06, 2025

Mint Kolkata

RBI Clears Flipkart's Lending Unit; Direct Loans on the Cards

Walmart's Flipkart has secured a lending license from India's central bank and banking regulator, allowing it to offer loans directly to customers and sellers on its platform, said a person in the know and confirmed by documents reviewed by Reuters.

1 min  |

June 06, 2025

Mint Kolkata

Central Bank buys +25% of FGILICL

State-owned Central Bank of India on Thursday said it has acquired a 25.18% stake in Future Generali India Life Insurance Co. Ltd (FGILICL) for a cash consideration of ₹57 crore as part of the insolvency process.

1 min  |

June 06, 2025

Mint Kolkata

RoCs Turn Up Heat on Nidhi Companies

Breaches include not maintaining a registered office, not appointing a statutory auditor or filing audit reports and so on

2 min  |

June 06, 2025

Mint Kolkata

Trump Orders Probe Into Biden's Actions as President

President Trump ordered an investigation into Joe Biden's actions as president, including his use of an autopen, alleging that his predecessor's aides hid evidence of what he called Biden's \"serious cognitive decline.\"

2 min  |

June 06, 2025

Mint Kolkata

The Ukrainian Spy Agency Behind the Stunning Strike on Russia's Bomber Fleet

Ukraine's SBU security service was behind some key attacks in the war

5 min  |

June 06, 2025

Mint Kolkata

UK coffee brand Percol now in India

Coffee maker CCL Products (India) Ltd has rolled out UK-origin brand Percol in India, aiming to tap into the country's emerging demand for premium, sustainably sourced coffee.

1 min  |

June 06, 2025

Mint Kolkata

Risk of Narratives: When Everyone Saw Them Coming But Still Got It Wrong

An X post recently illustrated an age-old truth about markets and human nature perfectly.

1 min  |

June 06, 2025

Mint Kolkata

Starbucks Shakes Up Top Leadership

Starbucks Corp. is reorganizing part of its senior ranks, looking to speed up plans to reverse a sales slump.

1 min  |

June 06, 2025

Mint Kolkata

Suzuki Halted Swift Mfg on China Curbs

Suzuki Motor had suspended production of its Swift car due to China's rare earth restrictions, two people familiar with the matter said, becoming the first Japanese automaker to be affected by the export curb.

1 min  |

June 06, 2025

Mint Kolkata

Tharoor-led team to raise border terror

Shashi Tharoor is also expected to raise recent US trade actions, including tariff hikes on steel and aluminum

1 min  |

June 06, 2025

Mint Kolkata

Hines, Sumitomo in JV for Mumbai luxury condos

US-based global developer and investment manager Hines and Japan's Sumitomo Corp. have entered into a joint venture for a luxury condominium project in the high-value Mumbai property market.

1 min  |

June 06, 2025

Mint Kolkata

Jupiter in talks to raise $50 mn

Neobanking startup Jupiter is in early-stage discussions to raise $30-50 million from existing investors to fund expansion, according to four people familiar with the plan.

1 min  |

June 06, 2025

Mint Kolkata

Bajaj Finserv promoters to sell up to 1.9% stake

Jamnalal Sons Pvt. Ltd and Bajaj Holdings & Investment Ltd, both part of Bajaj Finserv Ltd's promoter group, are slated to offload up to 31 million shares, representing a 1.9% stake in the company, via block deals, according to the term sheet of the transaction.

1 min  |

June 06, 2025

Mint Kolkata

India Plans Rare Earth PLI, to Build Stockpile of Magnets

Building a supply chain can take years, but will reduce dependence on shipments from China

2 min  |

June 06, 2025

Mint Kolkata

Suzuki Halted Swift Mfg on China Curbs

Suzuki Motor had suspended production of its Swift car due to China's rare earth restrictions, two people familiar with the matter said, becoming the first Japanese automaker to be affected by the export curb.

1 min  |

June 06, 2025

Mint Kolkata

Major infra upgrade for Jaipur airport

Jaipur International Airport Ltd has started a major infrastructure upgrade aimed at enhancing passenger convenience and accommodating the increasing number of travellers.

1 min  |

June 06, 2025

Mint Kolkata

US-India bilateral trade talks begin today in shadow of Trump's tariffs

A US trade delegation arrived in New Delhi on Thursday, ahead of a fresh round of negotiations on the proposed bilateral trade agreement (BTA) with India, scheduled to begin on Friday, two people told Mint.

2 min  |

June 06, 2025

Mint Kolkata

Judge recuses from Byju's-AWS dispute

Justice Sharad Kumar Sharma of the Chennai bench of the National Company Law Appellate Tribunal (NCLAT) has recused himself from one of the cases pertaining to bankrupt edtech firm Byju's, in which Amazon Web Services is a party.

1 min  |

June 06, 2025

Mint Kolkata

India Must Spend Big to Hit Net-Zero

India will need to invest about 2% of its real gross domestic product (GDP) annually in the power sector over the next decade to meet its 2070 net-zero pledge, Moody's Ratings said Wednesday.

1 min  |

June 05, 2025

Mint Kolkata

AI's Urgent Need for Power Spurs the Return of Dirtier Gas Turbines

The venture by OpenAI, Oracle and Softbank is stringing together small generators to power Texas megafactory

2 min  |

June 05, 2025

Mint Kolkata

Rupee falls as demand for dollar surges

The rupee declined for the sixth time in seven sessions on Wednesday, slipping briefly past 86 to the US dollar, as traders unwound bullish positions amid persistent demand for the greenback.

1 min  |

June 05, 2025

Mint Kolkata

Flipkart's arm exits Aditya Birla Fashion

Flipkart Investments, an arm of e-commerce firm Flipkart, on Wednesday exited Aditya Birla Fashion and Retail by selling its entire 6% stake in the company through block deals worth ₹583 crore.

1 min  |

June 05, 2025