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Mint Bangalore

Pfizer loses bid to temporarily block Novo's Metsera offer

A judge denied Pfizer Inc.'s request to temporarily block Novo Nordisk A/S' $10 billion bid to acquire the obesity startup Metsera Inc., saying the US pharmaceutical company's objections to the deal don't warrant a delay.

2 min  |

November 07, 2025

Mint Bangalore

Mphasis eyes banks to power growth

Blackstone-backed Indian IT services firm Mphasis expects its key financial segment to drive sales in the six months through March end, its chief executive officer (CEO) said, with revenue projected to grow at more than twice the industry's pace.

1 min  |

November 07, 2025

Mint Bangalore

New framework for pledged shares: Sebi

The Securities and Exchange Board of India (Sebi) is preparing a new framework to automate how pledged shares of initial public offering (IPO)-bound companies are managed, a move aimed at cutting listing delays and tightening compliance in India's primary markets.

1 min  |

November 07, 2025

Mint Bangalore

Mahindra’s Q2 margin builds confidence in growth outlook

For Mahindra & Mahindra Ltd, margins stole the show in the September quarter (Q2FY26).

1 min  |

November 07, 2025

Mint Bangalore

AI prompts most October US layoffs in over 20 years

US companies announced the most job cuts for any October in more than two decades as artificial intelligence reshapes industries and cost-cutting accelerates, according to data from outplacement firm Challenger, Gray & Christmas Inc.

1 min  |

November 07, 2025
Mint Bangalore

Mint Bangalore

Auto firms agree on emission relief for small trucks

India’s top automakers have finally found common ground, though only halfway.

2 min  |

November 07, 2025

Mint Bangalore

RIL is trying to sell Middle Eastern oil

Reliance Industries Ltd (RIL) is seeking to sell some cargoes of Middle Eastern oil to domestic and international buyers, in an unusual move for the Indian refiner that's normally a major buyer.

1 min  |

November 07, 2025
Mint Bangalore

Mint Bangalore

Microsoft lays out ambitious AI vision, free from OpenAl

Tech giant forms team to build top AI systems and distance itself from longtime partner

3 min  |

November 07, 2025

Mint Bangalore

Not exemption, insurance brokers want ‘zero-rate’ GST

After the insurance industry lost input tax credit benefits from the recent goods and services tax (GST) exemption, the sector's intermediaries are drumming up support for a 'zero-rate' tax structure that could ease insurers' costs, stem their own commission cuts as also any looming premium hikes.

2 min  |

November 07, 2025
Mint Bangalore

Mint Bangalore

Abstract art, drama, and food

A Mint guide to what's happening in and around your city

1 min  |

November 07, 2025

Mint Bangalore

Petrol cars turn cheaper, is it still worth buying an EV?

GST rate cut trims price edge for electric cars, but may still be worth buying in some cases

3 min  |

November 07, 2025

Mint Bangalore

Key world leaders skip talks before COP30 in Brazil

Xi, Modi forgoing in-person address; Trump to shun conference meant to address climate crisis

1 min  |

November 07, 2025

Mint Bangalore

On track to meet record sales target, says Godrej Properties

Godrej Properties Ltd (GPL) has sold 8,753 housing units and achieved ₹15,587 crore in sales bookings in the first six months of FY26-about 48% of its ₹32,500 crore target for the year.

1 min  |

November 07, 2025
Mint Bangalore

Mint Bangalore

Donald Trump’s tariffs could soon be toast

Three justices—Samuel Alito, Brett Kavanaugh and Clarence Thomas—seemed keen to find a way to save Mr Trump's tariffs. Justice Kavanaugh noted Richard Nixon’s invocation of an earlier law to impose a 10% tariff in 1971 and a 1976 decision upholding import fees. Incol-loquy with Neal Katyal, the lawyer representing businesses opposed to the tariffs, Justice Alito mused that not all tariffs are designed to raise revenue. In his closing, Mr Sauer built on Justice Alito’s notion that tariffs are not taxes but “leverage” to coerce trading partners “to change their behaviour”.

1 min  |

November 07, 2025
Mint Bangalore

Mint Bangalore

India looks to tank up strategic oil stock to beat global price hike

As global oil markets brace for fresh volatility amid tightening supplies from a big oil grouping and impending US sanctions on Russian majors Rosneft and LUKOIL, India is quietly moving to fortify its energy security architecture.

1 min  |

November 07, 2025

Mint Bangalore

Help people safeguard their money against cyber heists

Imagine a cybercrime gang plotting their next big heist.

3 min  |

November 07, 2025

Mint Bangalore

Does SBI merit higher valuation?

State Bank of India’s (SBI) fee income growth Q2 of FY26 stands out as the best, even among all the leading private sector banks that do well on this parameter.

2 min  |

November 07, 2025

Mint Bangalore

More firms look to tweak variable pay amid turmoil

Caught between talent wars and cost pressures, Indian companies are reworking variable pay to draw sharper distinctions between high performers, steady contributors, and underachievers—and tie salaries to business performance more closely.

1 min  |

November 07, 2025

Mint Bangalore

‘India needs big banks to fund a fast growing economy’

Finance minister Nirmala Sitharaman said on Thursday that India requires large, world-class banks to support the massive capital needs of a fast-growing economy, signalling a renewed push for consolidation and expansion in the country’s financial sector.

1 min  |

November 07, 2025
Mint Bangalore

Mint Bangalore

SBI, Amundi to sell 10% stake in SBI Funds Management via IPO

India's largest mutual fund house is ready to test public market waters. SBI Funds Management Ltd-a joint venture between the country's biggest bank State Bank of India (SBI) and France's Amundi, one of Europe's largest asset managers-will see its parent companies sell a combined 10% stake through an initial public offering (IPO).

1 min  |

November 07, 2025

Mint Bangalore

Help people safeguard their money against cyber heists

Imagine a cybercrime gang plotting their next big heist.

3 min  |

November 07, 2025

Mint Bangalore

E-trucks, buses to get a finance push

Finmin, industries ministry plan scheme for cheaper loans

1 min  |

November 07, 2025

Mint Bangalore

Specialty care offsets seasonal dip, lifts Apollo’s Q2 profit 26%

Apollo Hospitals Enterprise Ltd's September-quarter financial performance beat Street expectations, as gains in its specialty care like cardiac, oncology, neurosciences, gastroenterology and orthopaedics (CONGO) outweighed the dip in seasonal infections that reduced hospitalizations.

1 min  |

November 07, 2025

Mint Bangalore

SP Group unit eyes bond sale by Feb

Goswami Infratech, a unit of Shapoorji Pallonji Group (SP Group), will complete a bond issue to refinance existing borrowings before the end of January, three bankers aware of the matter said on Thursday.

1 min  |

November 07, 2025
Mint Bangalore

Mint Bangalore

Zepto seeks to slash monthly cash burn ahead of IPO

Quick commerce platform Zepto, which outpaced rivals Blinkit and Swiggy Instamart in monthly cash burn during June-August, is targeting a sharp reduction in these expenses in the run-up to a planned initial public offering (IPO), three people familiar with the matter said.

2 min  |

November 07, 2025
Mint Bangalore

Mint Bangalore

IndiGo-Mahindra mediation fails in ‘6E’ trademark case

Airline filed trademark infringement suit in Dec 2024, objecting to Mahindra's use of 'BE 6E'

2 min  |

November 07, 2025
Mint Bangalore

Mint Bangalore

Income below ₹12 lakh: Should I pay advance tax in new regime?

For fiscal year 2026, I am expected to have bank interest income of about ₹3 lakh. I also have shortterm capital gains from listed shares at ₹3 lakh. Am I required to pay any advance tax under the new tax regime as my net income is below the ₹12 lakh limit on which no tax is to be paid FY26 onwards?

2 min  |

November 07, 2025

Mint Bangalore

'India-New Zealand FTA can boost trade tenfold to $20 bn'

The proposed India-New Zealand free trade agreement (FTA) has the potential to eventually boost bilateral trade between the two countries 10-fold to $20 billion, New Zealand's trade minister said after jointly reviewing the progress of the ongoing trade talks with Union commerce minister Piyush Goyal, who said bilateral talks have made “significant progress” and may see a positive outcome soon.

1 min  |

November 07, 2025

Mint Bangalore

New target in place for wind power installation

China has greatly increased its national targets for wind power installations, aiming for 1.3 terawatts by 2030 and 5 TW by 2060, a move that the Global Wind Energy Council has hailed as critical for global climate efforts.

1 min  |

November 07, 2025
Mint Bangalore

Mint Bangalore

KKR sets aside $200 mn for its India medical devices bet

The PE giant aims to acquire more assets to scale up medical devices maker Healthium

2 min  |

November 07, 2025