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Mint Chennai

JLR CEO Adrian Mardell steps down

Jaguar Land Rover chief executive officer (CEO) Adrian Mardell is leaving the maker of luxury sport utility vehicles, as it grapples with higher US tariffs and a controversial makeover of the Jaguar brand.

1 min  |

August 01, 2025

Mint Chennai

Powell's gamble: That the economy will reveal its true self in the next two months

Federal Reserve chief Powell suggested he was still committed to preserving the soft landing

4 min  |

August 01, 2025

Mint Chennai

Govt Clears ₹2,000 Cr Grant for NCDC

The government on Thursday approved a raft of decisions aimed at boosting rural lending, expanding food processing infrastructure and strengthening India's railway network—all with an eye on improving farm incomes and economic connectivity.

1 min  |

August 01, 2025

Mint Chennai

Mounjaro as good as older drug on heart-attack risk

More than 13,000 people with type 2 diabetes and a history of heart disease were enrolled in Lilly's trial

2 min  |

August 01, 2025

Mint Chennai

Neo's secondaries fund reaches first close at ₹750 crore

Neo Asset Management manages over ₹13,500 cr in AUM across private equity, credit and infrastructure

1 min  |

August 01, 2025

Mint Chennai

Trump and Dimon Are Talking Again After Yearslong Rift

America's most powerful banker and the president have met twice in the past two months

2 min  |

August 01, 2025

Mint Chennai

Hyundai Flexes Margin Muscle, But Revving Up Growth Is Key

Running on margin

1 min  |

August 01, 2025

Mint Chennai

Sebi Moots Retail Quota Cut in Large IPOs to Boost Stability

Despite Robust Inflows Into MFs, Direct Participation by Retail Investors in IPOs Has Plateaued

2 min  |

August 01, 2025

Mint Chennai

Sun Pharma Net Profit Falls on US Antitrust Settlement

Sun Pharmaceutical Industries Ltd.'s revenue from operations for the April-June period beat Street expectations, rising 9.4% year-on-year to ₹13,851 crore. However, the drugmaker's net profit fell due to exceptional items, including settlement costs in a pricing antitrust litigation in the US and the discontinuation of clinical studies on one of its drugs.

1 min  |

August 01, 2025

Mint Chennai

ArcelorMittal Q2 net triples to $1.8 bn

Steel and mining major ArcelorMittal on Thursday posted an over threefold jump in net income to $1,793 million in the June quarter.

1 min  |

August 01, 2025

Mint Chennai

Centre nudges banks to push infra lending, fuel economy

The govt is keen to ensure that financing constraints don't delay viable infra projects

2 min  |

August 01, 2025

Mint Chennai

Refiners don't see supply risk even as US targets Russian oil

India's oil refiners do not see any risk to well-diversified crude supplies after US President Donald Trump imposed a penalty on the country for buying Russian crude, in addition to a 25% tariff, according to two people in the know.

1 min  |

August 01, 2025

Mint Chennai

Can Novo Nordisk's new CEO stop rivals from taking over the anti-obesity market?

The Danish drugmaker has consistently misread the U.S. market and the threat of compounders

5 min  |

August 01, 2025

Mint Chennai

Inflection Point's $110-mn fund to back early startups

Angel-investment platform Inflection Point Ventures (IPV) unveiled on Thursday a $110-million (around ₹964 crore) angel fund to bet on early-stage startups.

1 min  |

August 01, 2025

Mint Chennai

India's Fiscal Deficit Widens in Q1 Amid Surge in Capex

Rise in capex signals govt's continued push to support economic growth through investment

2 min  |

August 01, 2025

Mint Chennai

Welcome the charge of India's battery brigade

With their global prices softening, storage batteries have the potential to disrupt our power market, hasten utility reforms, attract entrepreneurs and empower electricity consumers

2 min  |

August 01, 2025

Mint Chennai

Indian VC firm Avataar backs US cybersecurity company

Palo Alto, US-based cybersecurity platform Safe Security has raised $70 million in a Series C round led by business-to-business (B2B) software as a service (SaaS)-focused investor Avataar Venture Partners.

1 min  |

August 01, 2025

Mint Chennai

Trump's 25% Tariff Threat Puts $87 Billion in Indian Exports at Risk

India's $87 billion export pipeline to the US is facing fresh turbulence after President Donald Trump proposed a 25% reciprocal tariff on Indian goods, escalating trade tensions just days before a pause on such duties is set to expire.

2 min  |

August 01, 2025

Mint Chennai

Copyright theft by AI? Don't mix up creativity and dissemination

It's the unauthorized distribution of a work that amounts to infringement and not its mere creation

3 min  |

August 01, 2025

Mint Chennai

Adani Enterprises net profit falls 49% on weak coal demand

Adani Enterprises Ltd, the flagship company of billionaire Gautam Adani's group, on Thursday reported a 49% decline in the June quarter profit as weak coal demand offset growth in the airport and mining units.

1 min  |

August 01, 2025

Mint Chennai

Hospital bill: Why did I have to pay this before the insurer stepped in?

I paid my premium on time, so why did I still have to pay ₹50,000 from my pocket during hospitalization?

2 min  |

August 01, 2025

Mint Chennai

Auto parts exports to lose edge

India's $111 billion auto components industry faces a fresh threat after US President Donald Trump announced a 25% tariff on Indian goods, denting the sector's edge in its largest export market.

1 min  |

August 01, 2025

Mint Chennai

Survival in Times of Predatory Trade: Is Asia on to Something?

It may find dismal deals better than losing access to US markets

3 min  |

August 01, 2025

Mint Chennai

Jane Street probe: I-T raids on Nuvama

The income-tax (I-T) department on Thursday conducted a survey operation at the premises of brokerage firm Nuvama Wealth Management as part of an alleged tax evasion probe against Jane Street, the US-based proprietary trading firm accused of market manipulation, official sources said.

1 min  |

August 01, 2025

Mint Chennai

Auto parts maker plans $250 mn IPO

Indian auto-components maker Dhoot Transmission is considering an initial public offering (IPO) in Mumbai that could raise at least $250 million, according to people familiar with the matter.

1 min  |

August 01, 2025

Mint Chennai

TVS Flags Magnet Threat Even as Scooter Profit Soars

Curbs on rare earth magnets, imported majorly from China, has prompted TVS Motor to look for other sources

2 min  |

August 01, 2025

Mint Chennai

State-run PNB Expects MTNL Debt Resolution in 4 Months

State-owned telecom operator Mahanagar Telephone Nigam Ltd's (MTNL) debt resolution is expected in the next 3-4 months, a top official of one of its lenders said on Thursday.

2 min  |

August 01, 2025

Mint Chennai

Market Holds Nerves on Bets Trump Will Retreat on Tariffs

The Nifty 50 closed above its crucial support zone of 24,500-24,600 points

1 min  |

August 01, 2025

Mint Chennai

Swiggy to review its stake in Rapido

Swiggy's losses nearly doubled in April-June despite a jump in revenue as Instamart continued to bleed cash

2 min  |

August 01, 2025

Mint Chennai

Pakistan, US Reach Deal to Develop Oil Reserves, Cut Tariffs

The US and Pakistan reached a trade agreement expected to allow Washington to help develop Pakistan's largely untapped oil reserves and lower tariffs for the South Asian country, officials from both nations said on Thursday.

2 min  |

August 01, 2025