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Mint Mumbai

Earnings surprise likely for oil-linked industries

Airlines, OMCs, consumer goods and paint firms may see better margins

4 min  |

June 17, 2026
Mint Mumbai

Mint Mumbai

Affordable home loan push falters

India’s public sector banks (PSBs) achieved less than a third of their affordable housing loan targets for lower- and middle-income urban borrowers in the financial year 2026, underscoring challenges in scaling their small loan portfolios due to limited supply of affordable homes, tough credit checks and tedious paperwork.

4 min  |

June 17, 2026

Mint Mumbai

Buyers bow to gold lure, swap old pieces

Walk through the lanes of Mumbai’s Zaveri Bazaar, one of India’s oldest jewellery markets, and one trend is impossible to miss. Small stores prominently advertise: ‘Old gold exchanged here.’

4 min  |

June 17, 2026
Mint Mumbai

Mint Mumbai

E-bikes likely to get energy star ratings

India plans to introduce standardized energy-efficiency labelling for electric two-wheelers (e2Ws) to help lower charging costs and enable consumers to make informed choices, according to four people aware of the development.

3 min  |

June 17, 2026

Mint Mumbai

Quasi-22: it's time to fix the catch in Indian arbitration

Is an ad-hoc designation by courts of an institution for arbitration susceptible to challenge on grounds of procedure? In other words, what is the extent of a court's liberty to select institutions for arbitration?

3 min  |

June 17, 2026
Mint Mumbai

Mint Mumbai

How should you protect secret recipes in succession planning?

I run a family-owned food and beverages business. Our most valuable asset is a secret recipe that has never been patented or publicly disclosed. Can I ensure it is passed on securely to my children?

1 min  |

June 17, 2026

Mint Mumbai

TruNativ raises $30 million in round led by OrbiMed

TruNativ, a Mumbai-based nutrition brand focused on protein and wellness products, has raised about $30 million in a Series B funding round led by healthcare investor OrbiMed, as it looks to expand distribution, invest in product development and enter overseas markets, the company said in a statement on Tuesday.

1 min  |

June 17, 2026

Mint Mumbai

India’s big WPI reset

A shortfall in rainfall so far this monsoon threatens to push up already-hot prices in India.

1 min  |

June 17, 2026

Mint Mumbai

Yum to sell struggling Pizza Hut chain for $2.7 billion

Yum! Brands Inc. agreed to sell its struggling Pizza Hut chain for $2.7 billion to a private equity firm and its China business.

1 min  |

June 17, 2026
Mint Mumbai

Mint Mumbai

Adani Group eyes younger, more diverse and leaner workforce

AI bots expected to take over many routine processes, freeing up employees to focus on more context-specific, higher-value work

4 min  |

June 17, 2026
Mint Mumbai

Mint Mumbai

KIMS opens QIP to raise ₹1,500 cr for loan repayment

Krishna Institute of Medical Sciences Ltd (KIMS) launched a qualified institutional placement (QIP) late on Tuesday to raise up to ₹1,500 crore (around $158 million) through a primary issuance of shares, according to a term sheet and placement document reviewed by Mint.

1 min  |

June 17, 2026
Mint Mumbai

Mint Mumbai

Govt cracks the whip, closes OTC waiver for cough syrups

Cough syrups can be sold in these rural areas only through licensed pharmacies

1 min  |

June 17, 2026

Mint Mumbai

BigBasket names ex-Amazon exec as CEO

BigBasket has appointed former Amazon India executive Amit Nanda as its chief executive officer (CEO), marking the first time an external executive will lead the Tata group-backed grocery-delivery platform after Hari Menon stepped down nearly 15 years after co-founding the company.

3 min  |

June 17, 2026

Mint Mumbai

India, Canada push to close trade deal

India and Canada on Tuesday agreed to accelerate efforts to conclude negotiations for a comprehensive economic partnership agreement in 2026, while expanding cooperation across trade, energy, defence, technology and talent mobility.

1 min  |

June 17, 2026
Mint Mumbai

Mint Mumbai

‘Telegram ban ahead of NEET-UG test may be futile’

The government’s move to temporarily block Telegram over concerns the app could be used for cheating in a high-stakes examination is unlikely to solve the problem, internet policy experts said, noting that those seeking leaked papers or unfair assistance can simply migrate to other encrypted messaging platforms.

1 min  |

June 17, 2026
Mint Mumbai

Mint Mumbai

Karam in talks to raise up to $100 million from PE funds

A clutch of private equity funds, including Lighthouse Funds, Multiples and Motilal Oswal Alternates, are evaluating a minority stake worth $70-100 million in industrial safety gear maker Karam, said three people in the know, seeking anonymity.

1 min  |

June 17, 2026
Mint Mumbai

Mint Mumbai

Law firms boost presence as Gift City enters next phase

Law firms Khaitan & Co. and SNG & Partners are the latest to open their offices at the IFSC

2 min  |

June 17, 2026

Mint Mumbai

P&G uses premium products to offset inflation pressures

Procter & Gamble’s listed entities in India are leaning on premium products to drive growth in tough times, according to the company’s management.

2 min  |

June 17, 2026

Mint Mumbai

Can Cera Sanitaryware's growth recovery continue?

Cera Sanitaryware is showing signs of a turnaround. Revenue saw double-digit year-on-year (y-o-y) growth of 11% in Q4FY26 and Q3FY26, marking a sharp improvement after several quarters of dull show.

1 min  |

June 17, 2026

Mint Mumbai

JSW Realty in talks for $169 mn loan

JSW Realty, the real estate arm of Indian conglomerate JSW Group, is in advanced talks to raise a ₹14 billion ($169 million) loan from shadow lender Tata Capital Ltd, according to people familiar with the matter.

1 min  |

June 17, 2026

Mint Mumbai

JSW Energy's smart acquisition

JSW Energy's acquisition of Maruti Clean Coal & Power Ltd (MCCPL), a thermal power plant in Chhattisgarh, for ₹1,010 crore adds only 300MW of capacity to its operational portfolio of 13.6GW.

2 min  |

June 17, 2026
Mint Mumbai

Mint Mumbai

Denmark vs Trump: the bond market has chosen its winner

The Scandinavian country is an asset to Nato and knows it well

3 min  |

June 17, 2026
Mint Mumbai

Mint Mumbai

If you can't beat them, join 'em: HCLTech mantra on AI

The firm's stake in Sarvam AI marks a distinct shift in how IT cos are navigating the AI wave

2 min  |

June 17, 2026
Mint Mumbai

Mint Mumbai

SpaceX vaults past Microsoft, Amazon in market value

Shares of Elon Musk’s SpaceX climbed more than 14% on Tuesday, lifting its valuation past Amazon.com and briefly above Microsoft to rank it among the top-five most valuable companies within days of a blockbuster debut.

1 min  |

June 17, 2026
Mint Mumbai

Mint Mumbai

US-Iran peace agreement likely to enhance India-Gulf trade

India’s trade with West Asia is seen gaining momentum in the coming months as the US-Iran peace agreement is set to restore confidence in shipping through the Strait of Hormuz, a critical energy and trade corridor.

1 min  |

June 17, 2026

Mint Mumbai

Passkeys can relieve us of password memory hazards

Last week, I tried to cancel an e-mandate and found myself in a world of pain.

4 min  |

June 17, 2026
Mint Mumbai

Mint Mumbai

Shipping lines cautious despite truce

The proposed peace agreement between the US and Iran to reopen the Strait of Hormuz may have sparked optimism across the global trade and energy markets, but major shipping companies are reluctant to restore normal operations immediately, underscoring lingering concerns over maritime security in one of the world’s most strategic waterways.

2 min  |

June 17, 2026
Mint Mumbai

Mint Mumbai

Stress on the external front must not obscure domestic challenges

Several trends in India’s economy can be explained by mass income stagnation and the behavioural response of households

3 min  |

June 17, 2026
Mint Mumbai

Mint Mumbai

A new foldable phone that goes against the grain

The Motorola Razr Fold goes for a thicker frame and a bigger battery, going against the norm where thin is king

4 min  |

June 17, 2026

Mint Mumbai

Essar, IRH sign crude sourcing, supply deal for UK unit

Essar Energy Transition Fuels and IRH Global Trading have agreed on a $500-million crude sourcing and product supply facility, the companies said on Tuesday, as Essar seeks to strengthen feedstock security and diversify supply options for its Stanlow refinery in the UK.

1 min  |

June 17, 2026