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Mint New Delhi

Mint New Delhi

Pet clinic chain Vetic secures $40 million

Pet healthcare chain Vetic plans to nearly double its clinics in India and build its digital platform offerings over the next two years amid rising demand.

1 min  |

June 18, 2026
Mint New Delhi

Mint New Delhi

US-Iran deal could ignite IPO mkt in H2; marquee listings likely

“We are also preparing to bring larger issuances, such as Zepto and SBI Mutual Fund, to the market, which gives us confidence that both issuers and investors are becoming more constructive.

4 min  |

June 18, 2026
Mint New Delhi

Mint New Delhi

DECODING CIRCLE RATES, MARKET PRICES AND THE HOME LOAN VALUATION PUZZLE

In many Indian cities today, property prices and official circle rates are no longer moving in tandem. In some premium micro-markets, homes are being sold at prices far above government-notified valuations, while in slower markets, circle rates often remain higher than prevailing transaction prices.

3 min  |

June 18, 2026

Mint New Delhi

Don't get distracted by the West's population problems

Demographics, that seemingly dreary subject involving often-inaccurate projections of population change, has suddenly become as engaging as a sci-fi thriller.

4 min  |

June 18, 2026
Mint New Delhi

Mint New Delhi

CtrlS raises ₹7,000 cr at $4.8 bn valuation

CtrlS eyes 4 GW of data-centre capacity by 2031 to tap AI-driven demand

2 min  |

June 18, 2026
Mint New Delhi

Mint New Delhi

Ambani wants Reliance to become an AI-native giant

RIL will embed AI across recruitment, budgeting, payroll, forecasting and business planning

2 min  |

June 18, 2026
Mint New Delhi

Mint New Delhi

Bank reforms panel may take up consolidation, FDI cap hike

Merger playbook may follow the 2019-20 template when 10 banks were merged into four

2 min  |

June 18, 2026

Mint New Delhi

Air India SATS eyes cargo-led growth with ₹600-cr capex

Air India SATS Airport Services Pvt. Ltd (AISATS) plans to invest about ₹600 crore in fiscal year 2027 (FY27) and more than double its revenue over the next five years, as the airport services provider expands beyond traditional ground handling into cargo, warehousing and airport logistics infrastructure.

2 min  |

June 18, 2026
Mint New Delhi

Mint New Delhi

Affordable home loan push falters

India’s public sector banks (PSBs) achieved less than a third of their affordable housing loan targets for lower- and middle-income urban borrowers in the financial year 2026, underscoring challenges in scaling their small loan portfolios due to limited supply of affordable homes, tough credit checks and tedious paperwork.

4 min  |

June 17, 2026
Mint New Delhi

Mint New Delhi

E-bikes likely to get energy star ratings

India plans to introduce standardized energy-efficiency labelling for electric two-wheelers (e2Ws) to help lower charging costs and enable consumers to make informed choices, according to four people aware of the development.

3 min  |

June 17, 2026

Mint New Delhi

Earnings surprise likely for oil-linked industries

Airlines, OMCs, consumer goods and paint firms may see better margins

4 min  |

June 17, 2026
Mint New Delhi

Mint New Delhi

Buyers bow to gold lure, swap old pieces

Walk through the lanes of Mumbai’s Zaveri Bazaar, one of India’s oldest jewellery markets, and one trend is impossible to miss. Small stores prominently advertise: ‘Old gold exchanged here.’

4 min  |

June 17, 2026
Mint New Delhi

Mint New Delhi

Govt cracks the whip, closes OTC waiver for cough syrups

Cough syrups can be sold in these rural areas only through licensed pharmacies

1 min  |

June 17, 2026

Mint New Delhi

TruNativ raises $30 million in round led by OrbiMed

TruNativ, a Mumbai-based nutrition brand focused on protein and wellness products, has raised about $30 million in a Series B funding round led by healthcare investor OrbiMed, as it looks to expand distribution, invest in product development and enter overseas markets, the company said in a statement on Tuesday.

1 min  |

June 17, 2026

Mint New Delhi

US curbs on Anthropic's hot AI models are a wake-up call for us

Indian users should be thankful that open-source alternatives exist that could serve most purposes

3 min  |

June 17, 2026
Mint New Delhi

Mint New Delhi

Swiggy founders back space unicorn Skyroot Aerospace

Majety and Reddy acquired 202 compulsorily convertible preference shares each in the firm

2 min  |

June 17, 2026

Mint New Delhi

Trump signals swift return of sanctions on Russian oil

The US could soon reimpose sanctions on Russian oil shipments after President Donald Trump and fellow leaders at the Group of Seven summit of major industrialized democracies moved Tuesday to put the war in Ukraine back on top of their agenda, more than four years after Russia launched its full-scale invasion.

2 min  |

June 17, 2026
Mint New Delhi

Mint New Delhi

Stress on the external front must not obscure domestic challenges

Several trends in India’s economy can be explained by mass income stagnation and the behavioural response of households

3 min  |

June 17, 2026
Mint New Delhi

Mint New Delhi

Firms may be asked to bid lowest price in NFL tenders

Floated on 27 May, the tender attracted bids from 27 suppliers for 6.25mt against a 1.7mt need

2 min  |

June 17, 2026
Mint New Delhi

Mint New Delhi

War or peace, let's focus on economic resilience

Progress on peace in West Asia calls for a guarded welcome but India must not take its eyes off the three Fs that finance minister Nirmala Sitharaman spoke of: fuel, fertilizer and forex

2 min  |

June 17, 2026
Mint New Delhi

Mint New Delhi

Inflation, supply chain insurers' immediate concerns: Peiser

Indian companies have been significantly impacted by the West Asia war, and immediate concerns for domestic insurers are inflation and supply chain disruptions, given the likelihood of increased risk values or catastrophes.

2 min  |

June 17, 2026
Mint New Delhi

Mint New Delhi

Trump says deal to be public soon, no N-weapon for Iran

Interim deal would extend a tenuous ceasefire announced in April by another 60 days, reopen Strait of Hormuz

3 min  |

June 17, 2026
Mint New Delhi

Mint New Delhi

KIMS opens QIP to raise ₹1,500 cr for loan repayment

Krishna Institute of Medical Sciences Ltd (KIMS) launched a qualified institutional placement (QIP) late on Tuesday to raise up to ₹1,500 crore (around $158 million) through a primary issuance of shares, according to a term sheet and placement document reviewed by Mint.

1 min  |

June 17, 2026
Mint New Delhi

Mint New Delhi

Oil dip fleeting as nations rebuild stocks

Global crude oil prices are unlikely to fall significantly from current levels and could even edge up modestly, despite the impending US-Iran peace deal, analysts and oil industry executives said, as major oil-importing nations rush to rebuild reserves depleted during the West Asia war that disrupted flows through the Strait of Hormuz.

2 min  |

June 17, 2026

Mint New Delhi

JSW Realty in talks for $169 mn loan

JSW Realty, the real estate arm of Indian conglomerate JSW Group, is in advanced talks to raise a ₹14 billion ($169 million) loan from shadow lender Tata Capital Ltd, according to people familiar with the matter.

1 min  |

June 17, 2026
Mint New Delhi

Mint New Delhi

Anthropic, Trump officials seek deal on restoring powerful model access

Talks between Anthropic and Trump administration officials continued Monday without a deal to resolve the security concerns that pushed the White House to restrict access to the artificial-intelligence company’s latest model, increasing urgency on both sides to find a resolution.

2 min  |

June 17, 2026

Mint New Delhi

AI power for IPO as Turtlemint value below 2022 peak

Turtlemint Ltd, an insurance technology platform, is set to raise ₹883 crore through an initial public offering (IPO) priced at a valuation about half its 2022 peak, as the venture-backed firm joins a few tech companies braving the public markets amid the West Asia war.

1 min  |

June 17, 2026
Mint New Delhi

Mint New Delhi

Shipping lines cautious despite truce

The proposed peace agreement between the US and Iran to reopen the Strait of Hormuz may have sparked optimism across the global trade and energy markets, but major shipping companies are reluctant to restore normal operations immediately, underscoring lingering concerns over maritime security in one of the world’s most strategic waterways.

2 min  |

June 17, 2026
Mint New Delhi

Mint New Delhi

JLR pays record ₹4,660 cr dividend to Tata Motors PV

The payout was funded by FY25 profits despite JLR slipping into a 2,400 crore loss in FY26

2 min  |

June 17, 2026
Mint New Delhi

Mint New Delhi

Adani Group eyes younger, more diverse and leaner workforce

AI bots expected to take over many routine processes, freeing up employees to focus on more context-specific, higher-value work

4 min  |

June 17, 2026