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Mint Chennai

History as a tragic hall of mirrors

Shabir Ahmad Mir's new novel, The Last Knot, is set in Kashmir under the Dogra rule, but the overall mood it conjures up isn't a million miles away from the state of darkness and despair that the region has found itself plunged into over the last several decades.

4 min  |

May 17, 2025

Mint Chennai

Lakshmi Mittal said to buy 'Beverly Hills of Dubai' home

Lakshmi Mittal, among Britain's richest residents, is the buyer of one of Dubai's priciest mansions, people familiar with the matter said.

1 min  |

May 16, 2025

Mint Chennai

Air India merger fuels SIA profit

Singapore Airlines (SIA) reported a record annual net profit on Thursday, boosted by a one-off gain from the merger of Air India and Vistara, but lower air fares in response to increased competition weighed on operating profit.

1 min  |

May 16, 2025

Mint Chennai

Airtel's New Tariff Repair Formula

Bharti Airtel Ltd's average revenue per user (Arpu) for Q4FY25 was flat sequentially at ₹245, but management said it would have been ₹248 had it not been for two less days in the quarter.

2 min  |

May 16, 2025

Mint Chennai

Kotak eyes ₹800 cr more for credit fund

Kotak Mahindra Asset Management Company is targeting ₹800 crore more from wealthy individuals and firms for its new Kotak Credit Opportunities fund, after raising an initial ₹1,200 crore, Saurabh Tripathi, chief investment officer (CIO) at the company's private credit, said.

1 min  |

May 16, 2025

Mint Chennai

JSW Energy profit rises 16% to ₹408 cr

SW Energy on Thursday posted a 16% rise in consolidated net profit to ₹408 crore in March quarter compared to a year ago, aided by contributions from KSK Mahanadi thermal project and organic wind capacity additions.

1 min  |

May 16, 2025

Mint Chennai

Indian defence company stocks surge to record highs

Fire power Nifty India Defence index on Thursday traded 55 times to trailing twelve-month earnings compared with a historic average of 38 times.

1 min  |

May 16, 2025

Mint Chennai

Govt plans to sync warranty with device installation date

Currently, the warranty period begins on the purchase date, reducing its effective duration

2 min  |

May 16, 2025

Mint Chennai

'Dealings with Pak to be only bilateral'

India's relations and dealings with Pakistan will be \"strictly bilateral\", which is a national consensus for many years and there is \"absolutely no change\" in that consensus, external affairs minister S. Jaishankar said on Thursday.

1 min  |

May 16, 2025

Mint Chennai

Tariff Whiplash: The US Truce With China Offers Hollow Relief

Supply disruptions and recession fears will keep US demand low

3 min  |

May 16, 2025

Mint Chennai

Beyond the Numbers: Why Less Can Be More for Your Diversified Portfolio

Recently, I came across a 1996 article titled \"Spreading the Wealth\" by Jon Newberry. It explained diversification's math with a clarity often missing today.

1 min  |

May 16, 2025

Mint Chennai

Court rejects plea by Nirav Modi

Fugitive Indian diamond magnate Nirav Modi's bid to be released on bail pending his extradition to India was refused by a London court on Thursday, despite Modi citing potential threats to his life as a reason he would not flee Britain.

1 min  |

May 16, 2025

Mint Chennai

Splitting hospital expenses across 2 policies: Key rules

A step-by-step guide to using both corporate and personal health covers to manage claims

4 min  |

May 16, 2025

Mint Chennai

Creditors, investors salvage record 284 cos from bankruptcy in FY25

Creditors stand to recover over ₹67,000 crore from these transactions in FY25, a 42% rise from year-ago

2 min  |

May 16, 2025

Mint Chennai

Peak XV nets ₹1,200 crore by exiting investment in Porter

Peak generated about $3.6 billion in cash exits over the past five years and over 30 of its portfolio firms have gone public

2 min  |

May 16, 2025

Mint Chennai

IKF Finance raises ₹1,465 crore in Norwest-led funding round

KF Finance, a non-banking financial company based in Hyderabad, has raised around ₹1,465 crore ($175 million) from global investment firm Norwest and existing investor Motilal Oswal Alternates, the company announced on Thursday.

1 min  |

May 16, 2025

Mint Chennai

Delhi HC orders seizure of another 76 BluSmart EVs

The high court has barred Gensol and BluSmart from transferring or selling the vehicles

3 min  |

May 16, 2025

Mint Chennai

Warren Buffett reveals he stepped down after finally feeling his age

Buffett plans to step down as CEO in December and make way for Greg Abel, though he said he intends to keep working

4 min  |

May 16, 2025

Mint Chennai

Apple India iPhone Plan to Stay Despite Trump's Pushback

India to be key hub, with higher supply of iPhones to the US, despite Trump urging Tim Cook to curb production here

2 min  |

May 16, 2025

Mint Chennai

A caste census should help India identify and tackle deprivations

This enumeration must be done with enough care to ensure it yields useful data for policy responses

3 min  |

May 16, 2025

Mint Chennai

Lula and Xi Agree to Boost Chinese Presence in Brazil

Deals send signal that Trump's protectionist threats have done little to dissuade Lula from betting more on Beijing

4 min  |

May 16, 2025

Mint Chennai

IKF Finance raises ₹1,465 crore in Norwest-led funding round

KF Finance, a non-banking financial company based in Hyderabad, has raised around ₹1,465 crore ($175 million) from global investment firm Norwest and existing investor Motilal Oswal Alternates, the company announced on Thursday.

1 min  |

May 16, 2025

Mint Chennai

Piramal Pharma contract biz hurt from US policies in FY26

The firm expects quick recovery in FY27, on track to be a $2bn co by 2030, says chairperson

3 min  |

May 16, 2025

Mint Chennai

Marico calls it: FMCG sector to rebound this financial year

Marico Ltd, the maker of Parachute hair oil and Saffola cooking oil, is optimistic India's fast-moving consumer goods sector will rebound this financial year as food prices finally show signs of easing and rural demand remains robust.

2 min  |

May 16, 2025

Mint Chennai

Tik Tok charged with breaching EU online content rules

TikTok now has a chance to reply before the EU's executive commission issues its final decision

1 min  |

May 16, 2025

Mint Chennai

May rework 2020 Fed framework language: Powell

A consideration in 2020 was keeping Americans' long-term expectations for inflation close to 2%, Powell said

2 min  |

May 16, 2025

Mint Chennai

DS Luxury's premium focus to aid expansion

With India's appetite for high-end fashion and accessories on the rise, DS Luxury, the luxury retail arm of the Dharampal Satyapal Group Ltd, makers of Catch and other FMCG products, is looking to expand aggressively in the next three years.

1 min  |

May 16, 2025

Mint Chennai

Can accident claims be rejected due to undisclosed policies?

I'm sorry to hear about your friend's tragic passing and the difficulties his family is facing with the claim rejection.

1 min  |

May 16, 2025

Mint Chennai

SMBC to Hold 20% Stake: Yes Bank

Yes Bank expects Japan's Sumitomo Mitsui Banking Corp (SMBC) to maintain at least 20% stake in the lender but said that regulatory requirements may be keeping it from raising shareholding significantly, the bank's chief executive said.

1 min  |

May 16, 2025

Mint Chennai

As talks begin, Trump says there won't be a resolution on Ukraine until he meets Putin

Russian officials arrived in Istanbul, but Ukraine insists on talks between leaders, not at a technical level

4 min  |

May 16, 2025