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Honda Motor buys stake in OMC Power

Mint Chennai

|

October 28, 2025

Japanese auto major Honda Motor Co. Ltd has picked up a minority stake, in the range of 5-10%, in homegrown OMC Power, which is in the process of building up IGW renewable energy portfolio in India, according to industry officials.

The investment has come at a time when OMC Power is entering into a new business vertical where the company will deploy electric vehicle (EV) batteries as battery energy storage system (BESS) solution

WEITERE GESCHICHTEN VON Mint Chennai

Mint Chennai

Mint Chennai

Small NBFCs begin to close the door on unsecured loans

lenders and their backers, who had bet on such loans without collateral for growth.

time to read

2 mins

October 28, 2025

Mint Chennai

Bessent names Fed chair finalists ahead of year-end decision

US treasury secretary Scott Bessent on Monday confirmed the names of five finalists to succeed Federal Reserve chair Jerome Powell, with the president saying he expected to make his decision by year-end.

time to read

1 min

October 28, 2025

Mint Chennai

CGHS plans smoother drug delivery

The government is set to soon roll out a digital revamp of the Central Government Health Scheme (CGHS) to improve delivery of medicines to its 4.7 million beneficiaries. The initiative aims to address recurring complaints of drug shortages and delays and will bring real-time tracking and accountability to ensure smooth delivery to one of India's largest public healthcare networks, according to two officials and documents reviewed by Mint.

time to read

1 mins

October 28, 2025

Mint Chennai

Mint Chennai

Milei wins mandate for free-market revolution in Argentina’s election

resident Javier Milei scored a decisive political win Sunday, strengthening his position in Argentina’s Congress and securing a lifeline for his audacious free-market revolution backed by President Trump .

time to read

4 mins

October 28, 2025

Mint Chennai

A practical playbook to caring for your parents in India from abroad

Adequate insurance, medical corpus and trusted care networks for parents can turn anxiety into peace of mind

time to read

4 mins

October 28, 2025

Mint Chennai

Arnault tightens his LVMH control with buying spree

The sustained buying blitz brings Arnault and his family closer to owning half of the high-end brand juggernaut

time to read

2 mins

October 28, 2025

Mint Chennai

Mint Chennai

IFSCA proposes to streamline GIFT City securities via demat

Proposal aims to ensure that securities are held with IFSCA-registered depositories

time to read

1 mins

October 28, 2025

Mint Chennai

CGHS plans smoother drug delivery

The government is set to soon roll out a digital revamp of the Central Government Health Scheme (CGHS) to improve delivery of medicines to its 4.7 million beneficiaries. The initiative aims to address recurring complaints of drug shortages and delays and will bring real-time tracking and accountability to ensure smooth delivery to one of India's largest public healthcare networks, according to two officials and documents reviewed by Mint.

time to read

1 mins

October 28, 2025

Mint Chennai

Mint Chennai

HC quashes I-T order citing use of flawed AI-generated case law

The Bombay High Court has quashed an income tax (IT) assessment ruling, flagging the use of artificial intelligence (AI) in the order and noting that the assessing officer had relied on nonexistent, AI-generated case laws to justify additions to a company’s declared income.

time to read

1 mins

October 28, 2025

Mint Chennai

Mint Chennai

Starlink leases first office in Mumbai's Chandivali suburb

Elon Musk’s satellite internet company, Starlink, has taken its first major step toward establishing operations in India, choosing Mumbai as its hub.

time to read

1 mins

October 28, 2025

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