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Mint Chennai

Mint Chennai

Apple to raise prices on its products due to memory chip crunch, Tim Cook says

Cook, however, declined to offer details on the timing or scale of the planned price increases

4 min  |

June 19, 2026

Mint Chennai

Sebi eyes margin trading overhaul

The Securities and Exchange Board of India (Sebi) has proposed a revamp of rules governing the margin trading facility (MTF), including changes to the margin framework, to better regulate the rapidly growing segment.

1 min  |

June 19, 2026

Mint Chennai

HPCL restarts key crude unit after fire

Hindustan Petroleum Corp. Ltd (HPCL) on Thursday said its joint venture refinery in Rajasthan has restarted its crude distillation unit (CDU) after completing restoration work following a localised fire in April, paving the way for a phased ramp-up of fuel production.

1 min  |

June 19, 2026

Mint Chennai

SBI board clears ₹60,000 cr debt raise

The board of State Bank of India, the country’s largest lender, has approved a plan to raise up to ₹60,000 crore in FY27 through various debt instruments, including Basel III-compliant bonds, to support business growth and strengthen its capital base, the bank said in an exchange filing on Thursday.

1 min  |

June 19, 2026
Mint Chennai

Mint Chennai

The US versus Iran: has economic warfare won?

Military force was trumped by an energy clamp, as the MoU both signed this week suggests. Now Tehran should take care not to turn peace into a pill too bitter for America to swallow

2 min  |

June 19, 2026
Mint Chennai

Mint Chennai

NSE IPO set to mint outsized gains for early investors

Shareholders selling equity in the National Stock Exchange of India Ltd (NSE) public offer are set to bag up to thousand-fold returns on their average investment costs once the exchange gets listed.

2 min  |

June 19, 2026
Mint Chennai

Mint Chennai

Restrictions on fuel may ease as Iran peace deal raises hope

\"The 200-litre cap has mostly impacted agriculture demand. Sales at Kisan Seva Kendras have been hit. The restriction needs to be eased,” said Monty Sehgal, spokesperson for the Petrol Pump Dealers Association Punjab, which represents around 4,000 fuel stations.

2 min  |

June 19, 2026
Mint Chennai

Mint Chennai

Auto majors scale AI via IT arms, global partnerships

Tata Motors and M&M are scaling AI adoption in manufacturing, sales and technology

2 min  |

June 19, 2026

Mint Chennai

Net direct tax mop-up at ₹5.21 tn, rises 14.6%

Net direct tax collections rose 14.64% year-on-year to ₹5.21 trillion as of 17 June, outpacing the government's full-year budgeted growth and signalling a strong start to fiscal 2027.

1 min  |

June 19, 2026

Mint Chennai

Cooling volumes fail to slow down behemoth's tech spend

National Stock Exchange of India Ltd (NSE) has finally taken the first step towards a public listing.

2 min  |

June 19, 2026
Mint Chennai

Mint Chennai

'US-Iran pact positive for equities, but recovery could be gradual'

Indian equities are navigating a complex mix of artificial intelligence (AI)-led disruption, shifting global capital flows and lingering geopolitical uncertainty, creating both opportunities and challenges for investors.

4 min  |

June 19, 2026

Mint Chennai

All roads lead to Viksit Bharat: a dream that’s fading

Every evening, on the exit from Sector 37 in Faridabad onto the KMP expressway, cars come at me the wrong way.

3 min  |

June 19, 2026

Mint Chennai

Nykaa's 'house of brands' eyes ₹5K cr sales

FSN E-Commerce Ventures, which operates the Nykaa brand, is targeting net sales value (NSV) of more than ₹5,000 crore from its portfolio of owned consumer brands by FY30.

1 min  |

June 19, 2026

Mint Chennai

Why Tata, Leyland are sprinting

Shares of Tata Motors Ltd (Tata Motors Commercial Vehicles) and Ashok Leyland Ltd have risen 13.6% and 14.3%, respectively, over the past five trading days, comfortably outperforming the Nifty Auto’s 3.7% gain.

2 min  |

June 19, 2026

Mint Chennai

A 70-year-old law, 10% stake: what keeps LIC invested in NSE

As state-owned banks and insurers cash out through the National Stock Exchange’s roughly ₹30,000-crore initial public offering, its largest shareholder, Life Insurance Corp. of India, is holding on to its 10.72% stake, according to the draft papers filed with the market regulator.

2 min  |

June 19, 2026
Mint Chennai

Mint Chennai

RBI extends Keki Mistry’s term at HDFC

The Reserve Bank of India on Thursday approved a three-month extension for Keki Mistry as the interim part-time chairman of HDFC Bank, the lender said in an exchange filing.

2 min  |

June 19, 2026

Mint Chennai

Reits are having a moment. Do they deserve a place in your portfolio?

Reits are not for everyone; their suitability depends on what role an investor wants them to play in the portfolio

4 min  |

June 19, 2026

Mint Chennai

Starbucks to add 100 stores in India

Starbucks Corp.’s India unit plans to open dozens of new stores each year as it seeks to fend off rivals and strengthen its position in the South Asian country’s fast-growing coffee market.

1 min  |

June 19, 2026

Mint Chennai

Tata Motors to hike CV prices from July

Tata Motors said on Thursday it would increase prices across its commercial vehicle range by up to 2.5%, effective 1 July, its second hike in three months as automakers grapple with rising costs from the West Asia war.

1 min  |

June 19, 2026

Mint Chennai

NSE’s long road to D-Street: scandals, lawsuits delayed biggest IPO

After more than a decade of regulatory probes, courtroom battles and governance scandals, the National Stock Exchange Ltd (NSE) has finally taken a decisive step towards its long-delayed capital markets debut.

2 min  |

June 19, 2026

Mint Chennai

India's Korean wave fuels self-service ramyun bars

A customer picks up a packet of ramyun—the Korean term for instant noodles—adds toppings such as eggs, cheese or chicken, and heads to a self-service station before digging in.

2 min  |

June 19, 2026

Mint Chennai

Rupee up 10 paise against dollar

The rupee pared its initial losses and settled for the day 10 paise higher at 94.40 against the dollar, as the US and Iranian Presidents signed the peace agreement, boosting global market sentiments.

1 min  |

June 19, 2026
Mint Chennai

Mint Chennai

L'Oréal buys majority stake in personal care co Innovist

Founders Rohit Chawla, Sifat Khurana and Vimal Bhola will continue running the business

2 min  |

June 19, 2026
Mint Chennai

Mint Chennai

Delhi High Court reserves verdict on Telegram plea

Telegram questioned the proportionality of the government's action in its petition

1 min  |

June 19, 2026
Mint Chennai

Mint Chennai

Fed holds rates but Warsh offers no clues on way ahead

Kevin Warsh began his tenure as chairman of the Federal Reserve with a solemn vow to curb inflation and a clear sign that he plans to swiftly revamp how the US central bank does its job.

2 min  |

June 19, 2026
Mint Chennai

Mint Chennai

Cess to fund workers' housing

The ministry of housing and urban affairs is working on a new scheme to incentivize builders and developers to provide on-site housing for construction, Union minister Manohar Lal said on Thursday.

1 min  |

June 19, 2026
Mint Chennai

Mint Chennai

Localization plan may include port, container components

The central government is considering expanding the ambit of a construction equipment localization scheme announced in the FY27 Union Budget to include components used to build port infrastructure and containers, according to two people aware of the development.

1 min  |

June 19, 2026
Mint Chennai

Mint Chennai

India secures steel market access under UK trade pact

India-UK Ceta and the accompanying social security pact will come into force on 15 July

2 min  |

June 19, 2026

Mint Chennai

India must act now to charge up its electrical equipment industry

Boosting domestic production could help India meet demand at home and lead the global market

3 min  |

June 19, 2026
Mint Chennai

Mint Chennai

Akasa Air raises debt ceiling, eyes government credit

Akasa Air has increased its borrowing limit more than threefold to ₹3,950 crore from ₹1,200 crore as India’s youngest airline looks to fund its growing operations and tap a government-backed credit programme.

1 min  |

June 19, 2026