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Mint Bangalore

SMBC sells Kotak shares for ₹6,256 cr

BlackRock, Goldman Sachs and Abu Dhabi Investment Authority are among the investors that picked more than 30 million shares worth about ₹6,256 crore of Kotak Mahindra Bank (KMB) sold by Japan's Sumitomo Mitsui Banking Corp (SMBC) via open market transactions on Wednesday.

1 min  |

September 11, 2025

Mint Bangalore

Why IPO Pops Don't Tell the Whole Story

Up and Down IPO listing gains have been uneven: 9.1% in May, 10.8% in June, 15.6% in July, and 10.6% in August.

2 min  |

September 11, 2025

Mint Bangalore

Death, tears and Shakespeare in Zhao's Hamnet

Chloé Zhao's film about the death of Shakespeare's son is devastating

2 min  |

September 11, 2025

Mint Bangalore

Sebi to ease bond buys for foreigners

India's markets regulator said on Wednesday that its newer rules easing regulatory requirements for foreign investors who invest exclusively in the country's government bonds will come into effect from 8 February 2026.

1 min  |

September 11, 2025

Mint Bangalore

Climate change and pollution: India faces a dual challenge, say experts

At the Mint Sustainability Summit 2025, experts said India's worsening air pollution is inseparable from the challenges of climate change; tackling both will require urgent, science-driven interventions.

2 min  |

September 11, 2025

Mint Bangalore

AI Celebrity Ads Can Misfire, But They're Here to Stay

About 30-40% celebrity ads are shot in fragments, with AI/compositing bridging the gap

2 min  |

September 11, 2025

Mint Bangalore

Cabinet Clears Infra Projects Worth ₹7,600 Crore for 3 States

The Union cabinet on Wednesday approved infrastructure projects worth ₹7,616 crore for Bihar, Jharkhand and West Bengal, including major upgrades in road and rail connectivity.

1 min  |

September 11, 2025

Mint Bangalore

Marriott eyes India growth with 500-hotel plan by 2030

Corporate travel and wedding segments likely to keep growth momentum upbeat, says Govil

2 min  |

September 11, 2025

Mint Bangalore

Bank credit growth to moderate to 10-11%: ICRA

Rating agency ICRA Ltd expects bank credit growth to moderate to 10.4-11.3% in 2025-26, from 10.9% in 2024-25 and 16.3% in 2023-24, even as incremental credit flow rises to ₹19-20.5 trillion from ₹18 trillion in the previous fiscal year.

1 min  |

September 11, 2025

Mint Bangalore

Fitch boosts India's FY26 GDP outlook to 6.9%, from 6.5%

Fitch Ratings on Wednesday raised India's growth outlook for the fiscal year ending March 2026 to 6.9%, from its June estimate of 6.5%, citing stronger-than-expected momentum in the services sector and resilient consumption spending from both households and government.

1 min  |

September 11, 2025

Mint Bangalore

Beenext eyes early bets in niche manufacturing

India's export market was dominated by large firms with captive demand, which limited the scope of growth

2 min  |

September 11, 2025

Mint Bangalore

Rupee recovers, closes 4 paise up

The rupee recovered slightly from its record low level and ended with a gain of 4 paise at 88.11 (provisional) against the US dollar on Wednesday, aided by strong foreign fund inflows and a weaker greenback.

1 min  |

September 11, 2025

Mint Bangalore

How to turn your 30s into a key wealth-building decade

Ensure EMIs are below one-third of income, review investments regularly to align with goals

3 min  |

September 11, 2025

Mint Bangalore

Novo Cuts 11% Staff to Compete With Lilly

Novo Nordisk A/S is slashing its workforce by 11% and pledging to move faster to catch up with Eli Lilly & Co. in the obesity market.

1 min  |

September 11, 2025

Mint Bangalore

Regulatory push: Law firms ramp up tech, media hiring

The regulatory and financing challenges in the telecom sector are also creating new opportunities

2 min  |

September 11, 2025

Mint Bangalore

Jio Financial, Allianz Form Reinsurance JV

Jio Financial Services Ltd on Tuesday said the company and Allianz of Germany have incorporated a joint venture company, Allianz Jio Reinsurance Ltd, to carry on the business of reinsurance in India.

1 min  |

September 10, 2025

Mint Bangalore

Vodafone Idea moves SC against DoT's new ₹9,450 cr demand

Firm asks SC to quash demand, says apex court had earlier finalized its AGR dues till 2016-17

2 min  |

September 10, 2025

Mint Bangalore

Making your will dispute-proof: key legal safeguards explained

Yes, it is advisable to get a will registered, and the same can be changed or revoked later if the testator so desires.

1 min  |

September 10, 2025

Mint Bangalore

Renewables space has more scope for platform assets

Saini's comments on the creation of a new platform come about two years after Brookfield announced Evren

2 min  |

September 10, 2025

Mint Bangalore

Samvardhana is betting big on aerospace, electronics

High ambitions

1 min  |

September 10, 2025

Mint Bangalore

'US ready for strong action on Russia'

The US is willing to take firm action on Russia over Ukraine, but Europe's full cooperation is crucial, treasury secretary Scott Bessent said after talks with the European Union (EU) sanctions envoy on Monday.

1 min  |

September 10, 2025

Mint Bangalore

Energy transition lagging amid land, funding hurdles

For India to keep pace, the speed of expansion has to be much faster, industry leaders say

2 min  |

September 10, 2025

Mint Bangalore

Gold scales new peak as global prices soar

Gold prices skyrocketed by ₹5,080 to hit an all-time high of ₹1,12,750 per 10 grams in the national capital on Tuesday in line with strong global trends.

1 min  |

September 10, 2025

Mint Bangalore

Corn Maze: Inside the Farm to Fuel Tank Drive

As demand for ethanol blending grows, farmers are switching to biofuel crops such as corn. But at what price?

8 min  |

September 10, 2025

Mint Bangalore

U.S., South Korea in fund deadlock

The $350 billion investment fund is a central pillar of the trade deal that preserved a 15% tariff on Korean imports

1 min  |

September 10, 2025

Mint Bangalore

India Under WTO Lens Over Queries on Farm Trade, Sops

India maintains that its subsidy, procurement schemes are crucial for ensuring food security

2 min  |

September 10, 2025

Mint Bangalore

Beyond ownership: renting costs in senior communities

While ownership provides security, leasing ensures flexibility but at a higher monthly cost

3 min  |

September 10, 2025

Mint Bangalore

Somerset nears $275-mn close for 3rd healthcare fund

Somerset Indus Capital Partners, a healthcare-focused private equity (PE) firm, is set to close its third fund around $275 million by October, with backing from existing and new limited partners (LPs), a top executive said.

1 min  |

September 10, 2025

Mint Bangalore

OpenAI Executives Rattled by Campaigns to Derail For-Profit Restructuring

Startup leaders discuss last-ditch prospect of leaving California if regulators complicate switch

5 min  |

September 10, 2025

Mint Bangalore

Jane Street case: SAT asks Sebi to reply in three weeks

Sebi said it was under no legal obligation to share internal reports and draft findings with Jane Street

2 min  |

September 10, 2025