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Mint Bangalore

OpenAI finalizes $40 billion funding at $300 billion valuation

OpenAI, the artificial intelligence (AI) company behind ChatGPT, said it has finalized a funding round that will bring in $40 billion from SoftBank Group Corp. and other investors at a $300 billion valuation, including money raised.

1 min  |

April 02, 2025

Mint Bangalore

Food delivery apps get 21k complaints

More than 21,000 consumer grievances against online food delivery apps have been registered with the food regulator Food Safety and Standards Authority of India (FSSAI) in the last five fiscal years.

1 min  |

April 02, 2025

Mint Bangalore

Piramal to get recovery from DHFL's fraudulent deals: SC

SC found that the distribution mechanism of the resolution plan did not violate any provisions of the RBI or NHB acts

2 min  |

April 02, 2025

Mint Bangalore

One in every five derivative traders dabbles only in F&O

The data shows that 29.1 million individuals traded exclusively on the cash segment in the year through February 2025

2 min  |

April 02, 2025

Mint Bangalore

CAG flags telecom, IT ministry lapses

(CAG) has flagged serious lapses in the functioning of the ministry of communications and the ministry of electronics and information technology (Meity), raising concerns over revenue losses, weak oversight, and inefficient policy implementation in key projects.

1 min  |

April 02, 2025

Mint Bangalore

BYD's Q1 sales soar 58%, topping Tesla

China's BYD Co. enjoyed a strong start to 2025, with sales up 58% in the first quarter versus the same period last year.

1 min  |

April 02, 2025

Mint Bangalore

Aditya Birla's paper biz sale amplifies focus on real estate

A breather The paper business sale is expected to reduce the pressure on ABREL's balance sheet.

1 min  |

April 02, 2025

Mint Bangalore

Deregulation Poised to Spur Growth as Fiscal Drag Eases

The government is capable of supporting growth and exceeding deficit targets, said Mishra

3 min  |

April 02, 2025

Mint Bangalore

RBI wipes out record cash crunch

Indian banking liquidity turned to surplus for the first time in more than three months as aggressive fund injections by the central bank helped erase one of the worst-ever cash crunches in the financial system.

1 min  |

April 02, 2025

Mint Bangalore

Will orders drive L&T re-rating?

Shot in the arm A robust tender pipeline of Gulf nations could give L&T's overseas order inflow prospects a fillip.

2 min  |

April 02, 2025

Mint Bangalore

AGS' CFO, two exec directors resign

TM services provider AGS Transact said on Tuesday that its chief financial officer (CFO) and two of its executive directors have resigned, weeks after all four of its independent directors stepped down, citing \"personal reasons.\"

1 min  |

April 02, 2025

Mint Bangalore

Trump Spurs India-Dedicated Fund Flows

US flows fade, India gains

2 min  |

April 02, 2025

Mint Bangalore

Siemens Energy constitutes board

Siemens Energy India, an independent entity demerged from Siemens Ltd, said its board of directors will be chaired by Sunil Mathur, managing director (MD) and chief executive officer (CEO) of Siemens.

1 min  |

April 02, 2025

Mint Bangalore

New highway construction may have hit seven-year low in FY25

India's highway construction is expected to have slowed to a seven-year low of around 7,000km in FY25, as the government prioritized maintenance, strengthening projects, and complex infrastructure over rapid expansion, according to two people familiar with the matter.

1 min  |

April 02, 2025

Mint Bangalore

Wellness co Kapiva eyes Series D funding

Ayurvedic wellness brand Kapiva plans to raise fresh equity funding, which may provide an exit to one of its early backers, at least two people in the know told VCCircle.

1 min  |

April 02, 2025

Mint Bangalore

US flags 'Make in India' as trade barrier

One of the key concerns for the US remains India's high tariffs, particularly on agricultural products

2 min  |

April 02, 2025

Mint Bangalore

Growth Outlook Resilient for FY26 But Trade Risks Loom

Sustained government spending and a potential revival in private investments back outlook

2 min  |

April 02, 2025

Mint Bangalore

RBI to focus on better service, protection

The Reserve Bank of India (RBI) will push for wider financial inclusion and enhancing customer service and protection, governor Sanjay Malhotra said on Tuesday.

1 min  |

April 02, 2025

Mint Bangalore

Three Exciting Games to Save the World from Evil

New Adventures Plus a Beloved Game Remastered Before Its Next Season

1 min  |

April 02, 2025

Mint Bangalore

Govt to widen availability of meds at its generic drug stores

At present, 2,047 medicines and 300 surgical items are sold at Janaushadhi kendras

1 min  |

April 02, 2025

Mint Bangalore

Centre probes Ola, Uber fare gap on Android, Apple OS

If proven, such pricing models may be classified as unfair trade practice under India's consumer protection laws

1 min  |

April 02, 2025

Mint Bangalore

Net GST collection in March jumps 7.3% to ₹1.77 tn

Central and state governments collected ₹1.77 trillion in goods and services tax (GST) in March after adjusting for refunds, 7.3% more than receipts in the same time a year ago, official data showed.

1 min  |

April 02, 2025

Mint Bangalore

OYO Expects 60% Jump in Q4 Revenue

Global travel tech platform OYO expects to register over 60% year-on-year growth in revenue for the fourth quarter ending March at ₹2,100 crore, founder Ritesh Agarwal told the senior leadership on Monday.

1 min  |

April 01, 2025

Mint Bangalore

Starmer in 'productive' talks

UK Prime Minister Keir Starmer held \"productive\" discussions about \"an economic prosperity deal\" on a call with US President Donald Trump on Sunday evening ahead of a crunch week in which the government hopes to carve out exemptions from looming US tariffs.

1 min  |

April 01, 2025

Mint Bangalore

Startups to get PSB support

Public sector banks (PSBs) will soon launch financial schemes targeted at start-up founders and gig workers while finalizing new credit appraisal mechanisms to build credit-resilient banking.

1 min  |

April 01, 2025

Mint Bangalore

India's economic choices in Trump-defined world are sound: Panel

Global trade policies adopted by the Trump administration have made multilateral entities such as the World Trade Organization (WTO) less relevant, but India is sending the right messages to global powers by actively participating in bilateral talks with the U.S., said two veterans of trade and geopolitics at the Mint India Investment Summit 2025 in Mumbai.

1 min  |

April 01, 2025

Mint Bangalore

Prepare for more heatwaves, hotter summer, IMD warns

During the April-June period, 10-11 days of heatwaves are expected in eastern parts of the country, against a normal of four to seven days

1 min  |

April 01, 2025

Mint Bangalore

In '24, India's sports economy rises 6%

India's sports economy expanded 6% in 2024 to reach ₹16,633 crore, according to GroupM ESP's Sporting Nation: Building a Legacy XII report.

1 min  |

April 01, 2025

Mint Bangalore

Gold at record, set for best qtr since '86

Old prices extended their stellar run on Monday, topping $3,100 per ounce to hit another record high, as uncertainty around tariffs that would stoke inflation and hinder economic growth lifted safe-haven demand and kept bullion on course for its strongest quarter since 1986.

1 min  |

April 01, 2025

Mint Bangalore

IGL board approves renewable energy JV

Diversifying its operations, the board of state-run city gas major Indraprastha Gas Ltd (IGL) has approved the setting up of a joint venture with Rajasthan Vidyut Utpadan Nigam Ltd (RVUNL) to develop a 500-megawatt-peak (MWp) solar power project.

1 min  |

April 01, 2025