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Mint Chennai

'CCI raids six paper mills in antitrust investigation'

The Competition Commission of India (CCI) has conducted nationwide raids at six paper mills in an investigation of alleged price collusion in supplying paper to a government school education body, two people with direct knowledge said on Wednesday.

1 min  |

November 13, 2025

Mint Chennai

India and Botswana announce Cheetah translocation pact

India and Botswana on Wednesday formally declared the plan to translocate eight Cheetahs from the African nation during the state visit of President Droupadi Murmu.

1 min  |

November 13, 2025

Mint Chennai

KPIT: Strong deal flow, but can it keep engine humming?

Midcap information technology (IT) company KPIT Technologies, which has carved a niche in automotive software services, is set to bear the brunt of planned cuts in IT investments by automobile original equipment manufacturer clients.

1 min  |

November 13, 2025
Mint Chennai

Mint Chennai

Banks rush to unwind repledged gold loans

The Reserve Bank of India’s (RBI) recent gold loannorms have plugged a loophole that allowed banks and non-bank financiers to lend against gold repledged by informal lenders, according to four bankers with knowledge of the matter.

3 min  |

November 13, 2025
Mint Chennai

Mint Chennai

The King Kong vs Godzilla battle of world trade: Guess who won?

The trade truce between the US and China demonstrates Beijing’ leverage over key minerals that helped it come up trumps

4 min  |

November 13, 2025

Mint Chennai

'India's GCC count to hit 2,400 by 2030'

India could host more than 2,400 global capability centres (GCCs) by 2030, TeamLease Services said on Wednesday, adding that US President Donald Trump's H-1B visa crackdown has had little effect on multinational offshoring plans.

1 min  |

November 13, 2025

Mint Chennai

Fila reviews options for stake in Doms

Italian stationery company Fila SpA is reviewing options for its minority stake in India-listed Doms Industries Ltd as it seeks to deepen ties with the fast-growing Asian market, according to people familiar with the matter.

1 min  |

November 13, 2025

Mint Chennai

Foxconn posts 17% rise in Q3 profit

Taiwan’s Foxconn, the world’s largest contract electronics maker, posted a forecast-beating 17% rise in third-quarter profit on Wednesday, fuelled by the sustained strength in demand for artificial intelligence (AI) servers that it expects to drive growth next year too.

1 min  |

November 13, 2025
Mint Chennai

Mint Chennai

Solution goes on auction for CIA HQ’s ‘Kryptos’ sculpture

The solution for 'K4’, a source of fascination among thousands of obsessive ‘Kryptos’ fans, is being auctioned

4 min  |

November 13, 2025

Mint Chennai

Monitor air pollution, set up clinics: Centre tells states

Union government directs states, UTs to establish a robust public health response

1 min  |

November 13, 2025

Mint Chennai

Tata's CV business lists, 27 years after Ratan Tata’s wish

More than a quarter of a century after the late Ratan Tata first hinted at Tata Motors splitting its operations into two companies, one making cars and the other trucks and buses, the automaker has finally consummated the demerger.

2 min  |

November 13, 2025

Mint Chennai

Sebi panel suggests overhauling disclosure rules

essential to sustain public trust in an institution that guards market integrity,” said Sumit Agrawal, senior partner, Regstreet Law Advisors, and a former Sebi officer.

1 min  |

November 13, 2025

Mint Chennai

The Fed is increasingly torn over a December rate cut

The path for interest-rate cuts has been clouded by an emerging split within the central bank with little precedent during Federal Reserve Chair Jerome Powell's nearly eight-year tenure.

5 min  |

November 13, 2025
Mint Chennai

Mint Chennai

Biocon banks on weight-loss, diabetes drugs to fuel near-term growth

Weight-loss and diabetes drugs such as semaglutide and liraglutide are expected to drive near-term growth in Biocon Ltd’s generics business, chief executive and managing director Siddharth Mittal told Mint on Wednesday.

2 min  |

November 13, 2025

Mint Chennai

America’s semiconductor restrictions are biting in China

Shortages of advanced AI chips are so acute that Beijing is intervening and tech companies are resorting to workarounds

6 min  |

November 13, 2025

Mint Chennai

ONGC faces a double whammy

Oil and Natural Gas Corp. Ltd's (ONGC) shares have stayed largely flat over the past year amid lower crude oil prices and stagnant volumes. Unfortunately for investors, the September quarter (Q2FY26) results hardly move the needle.

2 min  |

November 13, 2025

Mint Chennai

SpiceJet loss deepens as grounded planes hurt

Low-cost carrier SpiceJet Ltd's loss increased about 36% year-on-year to ₹621 crore in the July-September quarter, hurt by foreign exchange losses and as many of its planes remained grounded for maintenance.

1 min  |

November 13, 2025

Mint Chennai

High costs hurt stock lending scheme

Experts have cited high margins, taxes and poor investor awareness as reasons for tepid investor activity in SLBS.

3 min  |

November 12, 2025

Mint Chennai

Warburg's Truhome plans $300 mn IPO

Warburg Pincus LLC’s Truhome Finance Ltd is considering an initial public offering (IPO) that could raise about $300 million or more, according to people familiar with the matter.

1 min  |

November 12, 2025
Mint Chennai

Mint Chennai

Tata Power to make solar wafers, ingots

Tata Power plans to set up a solar wafer and ingot manufacturing facility with a 10GW capacity, its chief executive officer and managing director Praveer Sinha said on Tuesday.

1 min  |

November 12, 2025
Mint Chennai

Mint Chennai

Plan to get urban co-op banks SRO status: NUCFDC

The National Urban Cooperative Finance and Development Corporation (NUCFDC) plans to seek Self-Regulatory Organisation (SRO) status for cooperative banks from the Reserve Bank of India in the next two months, as it is near the ₹300 crore paid-up capital threshold, said a top NUCFDC official in an interview.

1 min  |

November 12, 2025
Mint Chennai

Mint Chennai

The politics of Bihar must move from patronage to performance

Bihar needs to make governance, not giveaways, the basis of its politics to uplift its people and catch up with other big states

3 min  |

November 12, 2025

Mint Chennai

Bank mergers: Business factors must drive them

It is understandable that the government wants big banks, but size does not assure better functioning. Let commercial considerations, not policy, dictate if banks should be merged

2 min  |

November 12, 2025

Mint Chennai

ONGC Q2 profit dips on weaker oil

State-owned Oil and Natural Gas Corporation (ONGC) has reported an 18% fall in its second-quarter net profit due to lower oil prices.

1 min  |

November 12, 2025

Mint Chennai

From paper trails to portals: Guide to online MF transfers

CAMS and KFin Tech’s fully online facility allows investors to transfer MF units to anyone

4 min  |

November 12, 2025

Mint Chennai

Berry’s quick exit puts Britannia investors in a tough spot

Shares of Britannia Industries Ltd closed 3% lower on Tuesday after the board accepted Varun Berry’s resignation and relieved him from his position as vice-chairman, managing director (MD) and chief executive officer (CEO) on 10 November. Rakshit Hargave will take over as MD and CEO from 15 December.

1 min  |

November 12, 2025
Mint Chennai

Mint Chennai

The vanishing human in customer care

As companies race to automate customer support, speaking to a real person has become a luxury—sometimes even a paid one

5 min  |

November 12, 2025

Mint Chennai

HT Media narrows loss to ₹4.34 crore

HT Media Ltd, the publisher of Mint and Hindustan Times newspapers, narrowed its loss to ₹4.34 crore in the quarter ended 30 September from a ₹6 crore loss a year ago.

1 min  |

November 12, 2025
Mint Chennai

Mint Chennai

Tata Trusts board inducts Noel Tata's son Neville, Bhaskar Bhat

Tata Trusts on Tuesday inducted Neville Tata, son of Noel Tata, and Bhaskar Bhat, former Titan Co.Ltd chief executive, on the board of Sir Dorabji Tata Trusts (SDTT).

1 min  |

November 12, 2025

Mint Chennai

The new India-US defence pact offers reassurance amid turmoil

It lays the path for defence cooperation although dissonance in other spheres could test its success

3 min  |

November 12, 2025