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Mint Mumbai

Qualcomm unveils chip to rival Nvidia in AI accelerators

Qualcomm Inc., the top maker of mobile phone processors, is entering the lucrative artificial intelligence (AD) data center market with new chips and computers, aiming to challenge Nvidia Corp. in the fastest-growing part of the industry.

1 min  |

October 28, 2025

Mint Mumbai

Tech records deals worth $1.48 bn in Q3

India’s technology sector recorded deals worth $1.48 billion in the third quarter of 2025, marking a strategic reset move from volume-led activity to value-driven investments, with improved investor interest in artificial intelligence (AI), Software as a Service (SaaS) and enterprise automation, according to a report by Grant Thornton Bharat.

1 min  |

October 28, 2025

Mint Mumbai

Promoter tag adds skin in the game, says Lenskart's Bansal

Lenskart's 4 promoters will continue to hold 17-18% stake after selling over 240 million shares

2 min  |

October 28, 2025

Mint Mumbai

Bata India Q2 net profit down 73%

Bata India posted its third straight decline in quarterly profit on Monday, hurt by customers postponing purchases in anticipation of the government's tax cuts and a onetime expense related to a voluntary retirement scheme at one of its factories.

1 min  |

October 28, 2025
Mint Mumbai

Mint Mumbai

Bessemer looks for IT disruptor AI startups

Firm evaluates 20-30 startups weekly, aims to invest $3-6 mn initially

2 min  |

October 28, 2025

Mint Mumbai

Kaynes, three other firms get govt’s new electronics sops

In a boost to domestic electronics manufacturing, four Indian companies have become the first to secure approval for incentives under a new scheme of the ministry of electronics and IT (Meity) that was notified in April.

1 min  |

October 28, 2025
Mint Mumbai

Mint Mumbai

HC quashes I-T order citing use of flawed AI-generated case law

The Bombay High Court has quashed an income tax (IT) assessment ruling, flagging the use of artificial intelligence (AI) in the order and noting that the assessing officer had relied on nonexistent, AI-generated case laws to justify additions to a company’s declared income.

1 min  |

October 28, 2025

Mint Mumbai

Musk could leave Tesla if $1 tn pay plan is rejected: Denholm

Elon Musk could leave Testa as chief executive officer (CEO) if his proposed $I trillion pay package was not approved, chair Robyn Denholm warned in a letter to shareholders on Monday.

1 min  |

October 28, 2025

Mint Mumbai

Studds Accessories eyes ₹455 cr IPO

Helmets manufacturer Studds Accessories Ltd is targeting to raise ₹455 crore through its initial public offering (IPO), which is scheduled to open on 30 October.

1 min  |

October 28, 2025
Mint Mumbai

Mint Mumbai

How Russia's sanctioned Arctic gas found a Chinese loophole

To understand how effective U.S. sanctions on Russian oil could be, look no further than the already-sanctioned Arctic gas project central to Moscow's export ambitions.

4 min  |

October 28, 2025

Mint Mumbai

MCX launches options contracts

Multi Commodity Exchange of India Ltd (MCX) on Monday said it has launched monthly options contracts on its bullion index, MCX BULLDEX, as it seeks to offer more hedging tools to investors in the precious metals segment.

1 min  |

October 28, 2025

Mint Mumbai

India to start voter roll check for 500 mn people

India will extend verification of electoral rolls to more regions, covering over half a billion voters—a move likely to spark opposition protests over alleged attempts to manipulate elections.

1 min  |

October 28, 2025

Mint Mumbai

Amazon's ecomm exports top $20 bn

Amazon affirms it is on track for the $80 billion target by 2030.

1 min  |

October 28, 2025

Mint Mumbai

Honda Motor buys stake in OMC Power

Japanese auto major Honda Motor Co. Ltd has picked up a minority stake, in the range of 5-10%, in homegrown OMC Power, which is in the process of building up IGW renewable energy portfolio in India, according to industry officials.

1 min  |

October 28, 2025
Mint Mumbai

Mint Mumbai

More big companies bet they can still grow without hiring

It’s the corporate gamble of the moment: Can you run a company, increasing sales and juicing profits, without adding people?

3 min  |

October 28, 2025

Mint Mumbai

Keep fossil fuel lobbyists out of UN climate negotiations

At the United Nations climate talks, those invested in prolonging the fossil fuel era still help design its end.

3 min  |

October 28, 2025
Mint Mumbai

Mint Mumbai

GST cuts to boost demand, but global risks loom, says finmin

Goods and Services Tax (GST) rate cuts are set to bolster domestic demand by easing the tax burden on consumers and businesses, spurring consumption and investment across sectors, and supporting job creation, the finance ministry said in its monthly economic review for September, released on Monday.

1 min  |

October 28, 2025

Mint Mumbai

HOW BANK SCAMS ARE BEING DIGITALLY ARRESTED

With Indians being looted by scammers every day, the banking ecosystem is finally acting to protect them

3 min  |

October 28, 2025

Mint Mumbai

NRI taxes: when anti-abuse rules don't bite

Tve been living in Dubai for 10 years and trade shares globally full time. In India, I also trade in unlisted stocks. Recently, I bought and sold shares of an unlisted Indian company within a few days through my NRO account, at prices below those quoted on popular websites. Will there be any tax implications in India for trading below market prices? —Namewithheld on request

1 min  |

October 28, 2025

Mint Mumbai

Sebi plans to let firms offer special bond deals

India's capital markets regulator has proposed allowing companies to offer special incentives to specific investor groups to boost retail participation in corporate bonds.

1 min  |

October 28, 2025

Mint Mumbai

Subsidies can't spark off a manufacturing boom

India needs a factory revolution even if it won't generate too many jobs. For this, we need revolutionary changes from shop-floors to classrooms, rather than state-support packages

2 min  |

October 28, 2025

Mint Mumbai

Byju's moves NCLAT on Aakash rights issue

Think & Learn Pvt. Ltd, which owns edtech brand Byju’s, on Monday moved the National Company Law Appellate Tribunal (NCLAT) against the NCLT order, which last week declined its plea to restrain Aakash Educational Services Ltd from convening its EGM for the rights issue.

1 min  |

October 28, 2025

Mint Mumbai

Rupee falls 43 paise to close at 88.26 against the US dollar

The rupee plunged 43 paise to close at 88.26 (provisional) against the US dollar on Monday, as broad strength in crude oil prices and month-end dollar demand from importers weighed on investor sentiment.

1 min  |

October 28, 2025
Mint Mumbai

Mint Mumbai

Leg-up for Tech Mahindra, TCS from group companies

TCS, TechM are turning to peers in their respective conglomerates to grow business pipeline

3 min  |

October 28, 2025

Mint Mumbai

Stablecoins: How we could lead the digital evolution of finance

These tokens aren't a threat to the rupee but tickets to leadership if regulation and innovation converge to serve that purpose

3 min  |

October 28, 2025

Mint Mumbai

NEW NPS, EPF RULES: TIME TO TEST YOUR RETIREMENT PLAN?

India’sretirement landscape is abuzz with a series of new developments. Several recent announcements concerning the national pension system (NPS) and the employee provident fund (EPF) promise to make retirement products less rigid.

2 min  |

October 28, 2025

Mint Mumbai

Tata Sons’ infra units plan bond sales

Two subsidiaries of Tata Sons, operating in the real estate and infrastructure segments, are set to raise as much as ₹2,900 crore ($330 million) through short-term debt sale over the next two months, two merchant bankers said on Monday.

1 min  |

October 28, 2025

Mint Mumbai

Fractal said to plan India IPO next mth

Fractal Analytics is preparing to kick of its initial public offering (IPO), which may fetch ₹4,900 crore ($555 million), as early as next month in India, people familiar with the matter said.

1 min  |

October 28, 2025

Mint Mumbai

Three years on, India warms up to Russian steel imports

The shift comes in the backdrop of India deepening its trade ties with Russia

2 min  |

October 28, 2025

Mint Mumbai

IFSCA proposes to streamline GIFT City securities via demat

Proposal aims to ensure that securities are held with IFSCA-registered depositories

1 min  |

October 28, 2025