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Mint New Delhi

Wise gets nod for cross-border ops

Global technology company Wise on Tuesday said it has received in-principle approval from the Reserve Bank of India to operate as a cross-border payment aggregator.

1 min  |

June 04, 2025

Mint New Delhi

Biocon gets nod for diabetes drugs

Biotech firm Biocon on Tuesday said it got approval from government authorities for a generic diabetes medication.

1 min  |

June 04, 2025

Mint New Delhi

House Panel Mulls Steps to Break Bankruptcy Deadlocks

The review comes amid demands for speeding up debt resolution, improving recovery rates

2 min  |

June 04, 2025

Mint New Delhi

KKR Builds $42 Billion Real Estate Loan Pipeline

KKR & Co. has a record volume of commercial property financings lined up, and expects more deals as property prices reset and other lenders pull back amid market volatility.

1 min  |

June 04, 2025

Mint New Delhi

Adani Eyes Ops at Two City Airports

Adani Airport Holdings is \"evaluating\" bids for the airports in Mumbai and Ahmedabad, chief executive Arun Bansal said on the sidelines of an aviation industry event in New Delhi.

1 min  |

June 04, 2025

Mint New Delhi

How Moderna Went From Pandemic Hero to Vaccine Victim

Biotech's mRNA vaccines were lauded by the first Trump administration but now are caught up in govt changes to vaccine rules

4 min  |

June 04, 2025

Mint New Delhi

Stuck in first gear: Let's probe what ails car sales

Maruti Suzuki's call for small-car sales incentives can be easily dismissed, but not what it says about the market's shape. Volumes seem at risk of hitting a premature plateau in India

2 min  |

June 04, 2025

Mint New Delhi

Markets Lose Steam on Weak Global Cues

Equity benchmark indices Sensex and Nifty tumbled nearly 1% on Tuesday, weighed down by a widespread selloff amid foreign fund outflows and growing geopolitical uncertainties.

1 min  |

June 04, 2025

Mint New Delhi

MSEI backers uncertain after new rule

The investments were made before Sebi proposed to limit weekly index option expiry days

3 min  |

June 04, 2025

Mint New Delhi

Securing your business legacy: Crucial tips for estate planning

I'm a 54-year-old man running a textile manufacturing unit. I want to ensure that upon my death, business operations and assets are secured. How can I protect my business interests after my death?

1 min  |

June 04, 2025

Mint New Delhi

Toyota unit buyout faces criticism

The Toyota group's proposal to privatize Toyota Industries Corp. is drawing criticism from investors and analysts, who argue the ¥4.7 trillion ($33 billion) deal significantly undervalues the company and risks alienating shareholders with what many view as an unpalatable transaction.

1 min  |

June 04, 2025

Mint New Delhi

Staffing firms prefer placing staff in GCCs than IT firms

A GCC placement earns more commission for manpower firms than an IT services firm fresher

3 min  |

June 04, 2025

Mint New Delhi

Hyundai exits Ola Electric, Kia pares stake as well

South Korean automaker Hyundai Motor Co. on Tuesday exited Ola Electric Mobility by selling its entire 2.47% stake in the company for ₹552 crore through an open market transaction.

1 min  |

June 04, 2025

Mint New Delhi

Ageing parents? Employer health plans offer a way in

At 30% lower cost, employer plans often skip health checks or cover pre-existing conditions

3 min  |

June 04, 2025

Mint New Delhi

Exports rescue Cummins in Q4

Cummins India Ltd's standalone Ebitda of ₹520 crore for the March quarter (Q4FY25) represents a 7% year-on-year rise, excluding a one-off cost-saving of ₹60 crore.

2 min  |

June 04, 2025

Mint New Delhi

Maggi crisis fuelled Nestlé's capex surge in past decade

Nestlé India's capex has risen from 1.8% of sales in 2015 to 10% of sales in the fiscal ended March 2025

2 min  |

June 04, 2025

Mint New Delhi

America's 3.5% remittance tax will empower informal cartels

Expensive formal transfers will make space for hawala operators

3 min  |

June 04, 2025

Mint New Delhi

Musk Taps Investors for Billions Post Washington Exit

Musk's Presence in Washington Led to Widespread Criticism and Concern About the Performance of His Companies

1 min  |

June 04, 2025

Mint New Delhi

Credit Quality Trends for Debt Investors: More Positives, Fewer Concerns

Corporate balance sheets are leaner, and lower debt ratio is supporting repayments

1 min  |

June 04, 2025

Mint New Delhi

DoT Blocks Bank Guarantee Demand in Relief to Telcos

Telecom regulator has so far fined telecom firms over ₹140 cr for failing to check spam calls

3 min  |

June 04, 2025

Mint New Delhi

Tesla leases space in Mumbai's Lodha Logistics Park

American electric carmaker Tesla Inc. has leased 24,565 sq. ft. of space at Lodha Logistics Park in Mumbai's Kurla West.

1 min  |

June 04, 2025

Mint New Delhi

India's Electronics Sector Must Ascend the Value Curve

We Should Charge Ahead with Ambitions of Sophisticated Manufacturing. This Will Yield Far Greater Gains

3 min  |

June 04, 2025

Mint New Delhi

India, UK Can Renegotiate FTA If Better Terms Given to Others

The free trade agreement (FTA) between India and the UK, concluded on 6 May, incorporates a mechanism that would allow either party to renegotiate specific clauses if the other offers better terms to a third country through separate bilateral agreements, according to people familiar with the matter.

1 min  |

June 04, 2025

Mint New Delhi

Investors Line Up Block Deals Worth ₹3,480 Cr For Today

After a brief lull, investors and bankers are now seeing green shoots in the equity capital markets

2 min  |

June 04, 2025

Mint New Delhi

OPEC Raises Oil Output in May

OPEC raised oil production last month as the group began a series of accelerated increases spurred by Saudi Arabia, according to a Bloomberg survey.

1 min  |

June 04, 2025

Mint New Delhi

China's New Trade Negotiator, He Lifeng, Is Ready to Play Hardball

Beijing's economic gatekeeper has a clear mandate from President Xi Jinping: China won't be catering to the U.S.

8 min  |

June 04, 2025

Mint New Delhi

Lemon Tree investors must watch debt after a good FY25

Lemon Tree Hotels Ltd's FY25 benefitted from a full-year contribution of Aurika, Mumbai SkyCity, which opened in the third quarter of FY24.

2 min  |

June 04, 2025

Mint New Delhi

Iyer's brand value poised to surge as he leads Punjab into IPL final

Shreyas Iyer's off-field value is rising in tandem with his on-field success. Punjab Kings' second appearance in the Indian Premier League (IPL) final after an 11-year wait could boost his brand value by 20-25%, talent consultants estimate.

3 min  |

June 04, 2025

Mint New Delhi

PSBs power ahead of pvt peers in war on bad loans

India's public sector lenders saw a sharp decline in bad assets in 2024-25, outpacing their private sector peers, which continued to add to their non-performing assets (NPA) pile amid rising stress in unsecured credit.

1 min  |

June 04, 2025

Mint New Delhi

Zydus Buys Agenus' Biologics Facilities in US for $125 Million

Zydus Lifesciences announced on Tuesday it is acquiring two biologics contract manufacturing facilities in California from US-based Agenus Inc. for a total consideration of up to $125 million.

1 min  |

June 04, 2025