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Mint New Delhi

Ashok Leyland may shut UK e-bus plant

Indian heavy vehicles maker Ashok Leyland said on Wednesday that its electric bus unit Switch Mobility could shutter one of its British plants, which would swing the unit's UK operations to profitability \"soon\".

1 min  |

March 27, 2025

Mint New Delhi

World trade shake-up: India's confidence seems misplaced

We can't rely on the hope that tariffs will hit other countries worse

3 min  |

March 27, 2025

Mint New Delhi

Pidilite to shift biz in pursuit of growth

Outgoing MD says firm taking a strategic pivot

1 min  |

March 27, 2025

Mint New Delhi

Consumption credit trend: Slowing growth, falling defaults, in charts

India's consumption-led credit origination volume witnessed the biggest year-on-year decline in the credit card segment in October-December 2024, followed by home loans, signalling the weak consumption trends in the economy, showed a report released by TransUnion CIBIL India on Wednesday.

1 min  |

March 27, 2025

Mint New Delhi

France cinema's late reckoning with 'Me Too'

For decades, France's artists were seen as untouchable. That shield is cracking

2 min  |

March 27, 2025

Mint New Delhi

Chemicals

Routed through Investment Holdings managed by Jefferies India, Bank of America Securities (BofA Securities), IIFL Securities, and other brokers, and the offer price was set at ₹1,625 per share, representing a discount of over 4% to the previous day's closing price.

1 min  |

March 27, 2025

Mint New Delhi

India, Lanka Join Gamesa

Majority stake in the new company

1 min  |

March 27, 2025

Mint New Delhi

India taxes are buzz-kill for likes of Carson Block

Overseas funds pulled around $15 billion from the Indian stock market this year, data compiled by Bloomberg show

2 min  |

March 27, 2025

Mint New Delhi

Ashok Leyland may shut UK e-bus plant

Indian heavy vehicles maker Ashok Leyland said on Wednesday that its electric bus unit Switch Mobility could shutter one of its British plants, which would swing the unit's UK operations to profitability \"soon\".

1 min  |

March 27, 2025

Mint New Delhi

Banking Laws (Amendment) Bill passed

The bill, passed by the Lok Sabha in December, will allow bank account holders to have up to four nominees

2 min  |

March 27, 2025

Mint New Delhi

RIL Halts Purchase of Venezuelan Oil

Reliance Industries Ltd (RIL) has paused further purchases of Venezuelan crude after US President Donald Trump authorized a 25% tariff on countries buying the South American country's oil.

1 min  |

March 27, 2025

Mint New Delhi

India sourcing of Airbus to hit $2 bn

Aircraft maker Airbus' annual sourcing of components and services from India will be ramped up significantly to touch $2 billion before 2030, its CEO Guillaume Faury has said as he emphasised that the country should play on its strengths rather than replicate what others have done in the past.

1 min  |

March 27, 2025

Mint New Delhi

TPG buys India, Lanka biz of Siemens Gamesa

Wind turbine maker will own a minority stake in the new company

2 min  |

March 27, 2025

Mint New Delhi

RIL Halts Purchase of Venezuelan Oil

Reliance Industries Ltd (RIL) has paused further purchases of Venezuelan crude after US President Donald Trump authorized a 25% tariff on countries buying the South American country's oil.

1 min  |

March 27, 2025

Mint New Delhi

WeWork India's IPO in abeyance: Sebi

(Sebi) has put the initial public offering (IPO) of premium flexible workspace operator WeWork India Management Ltd in \"abeyance\", an update with the markets regulator showed.

1 min  |

March 27, 2025

Mint New Delhi

Trump stocks? They're mythical in today's new era of uncertainty

His actions have threatened the world order in ways that all but consign predictability to history

4 min  |

March 27, 2025

Mint New Delhi

Sensex falls by 728 pts, snaps 7-day streak

Stock markets snapped the seven-day winning run on Wednesday with benchmark Sensex tanking 728 points due to profit-taking in banking and IT shares ahead of monthly expiry of derivatives contracts.

1 min  |

March 27, 2025

Mint New Delhi

India taxes are buzz-kill for likes of Carson Block

Overseas funds pulled around $15 billion from the Indian stock market this year, data compiled by Bloomberg show

2 min  |

March 27, 2025

Mint New Delhi

Will Sebi's DigiLocker Tweak Solve Unclaimed MF Issues?

DigiLocker integration is likely to streamline mutual fund asset transmission for nominees

3 min  |

March 27, 2025

Mint New Delhi

LG's IPO Valuation Expectations Lower

LG Electronics Inc.'s India unit may get a lower valuation than previously expected in its initial public offering, according to people familiar with the development, after the recent decline in the nation's stock market.

1 min  |

March 27, 2025

Mint New Delhi

India sourcing of Airbus to hit $2 bn

Aircraft maker Airbus' annual sourcing of components and services from India will be ramped up significantly to touch $2 billion before 2030, its CEO Guillaume Faury has said as he emphasised that the country should play on its strengths rather than replicate what others have done in the past.

1 min  |

March 27, 2025

Mint New Delhi

To Ramp Up Paints: Puri's Parting Shot

Targets 10-15% market share in decorative paints market

1 min  |

March 27, 2025

Mint New Delhi

Car is first parts to PLI: Govt

Toyota Kirloskar Auto Parts, Mahindra & Mahindra, Tata Motors, Ola Electric Technologies have received PLIs under the ₹25,938-crore scheme

1 min  |

March 27, 2025

Mint New Delhi

Maruti Suzuki to invest over $860 mn to add one more plant

India's top carmaker Maruti Suzuki will invest ₹7,410 crore (nearly $864 million) to set up a third plant at an existing facility in the northern state of Haryana.

1 min  |

March 27, 2025

Mint New Delhi

Eaten exports, economic growth: Finmin

India's economic growth picked up in Q3, FY25, with GDP expanding 6.2%, recovering from a low of 5.6% in the last quarter

1 min  |

March 27, 2025

Mint New Delhi

LG's IPO Valuation Expectations Lower

LG Electronics Inc.'s India unit may get a lower valuation than previously expected in its initial public offering, according to people familiar with the development, after the recent decline in the nation's stock market.

1 min  |

March 27, 2025
Mint New Delhi

Mint New Delhi

Accenture beats Indian IT by miles in large deals

Accenture Plc is outpacing India's top IT firms in securing lucrative, large-scale contracts, fueled by its robust consulting businesses and early adoption of generative AI solutions.

3 min  |

March 26, 2025
Mint New Delhi

Mint New Delhi

Boeing gets lifeline in deal for most expensive jet fighter ever

The U.S. is entrusting its most expensive jet fighter program in history to a company that hasn't successfully launched a commercial or military aircraft in a decade.

3 min  |

March 26, 2025

Mint New Delhi

Vahdam raises ₹25 cr to boost expansion

Tea producer and café owner Vahdam Teas Pvt Ltd has raised ₹25 crore ($3 million) from Sidbi Venture Capital Ltd to shore up its cash reserves and boost global expansion.

1 min  |

March 26, 2025

Mint New Delhi

Buyers keep the faith in sovereign gold bonds

Investors who have earned stellar returns from sovereign gold bonds (SGB) over the years are largely holding on to them despite the option to cash out early, central bank data showed.

3 min  |

March 26, 2025