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Mint New Delhi

Powell's gamble: That the economy will reveal its true self in the next two months

Federal Reserve chief Powell suggested he was still committed to preserving the soft landing

4 min  |

August 01, 2025

Mint New Delhi

Neo's secondaries fund reaches first close at ₹750 crore

Neo Asset Management manages over ₹13,500 cr in AUM across private equity, credit and infrastructure

1 min  |

August 01, 2025

Mint New Delhi

Expensive SUVs Help Maruti Make Up for Domestic Blues

Growth was largely due to sales of pricey models such as Grand Vitara, Fronx, Jimny, Brezza

2 min  |

August 01, 2025

Mint New Delhi

Ambuja Cements logs ₹970 cr profit

A dani Group firm Ambuja Cements Ltd on Thursday reported a consolidated net profit of ₹969.66 crore for the June quarter.

1 min  |

August 01, 2025

Mint New Delhi

Copyright theft by AI? Don't mix up creativity and dissemination

It's the unauthorized distribution of a work that amounts to infringement and not its mere creation

3 min  |

August 01, 2025

Mint New Delhi

Govt Clears ₹2,000 Cr Grant for NCDC

The government on Thursday approved a raft of decisions aimed at boosting rural lending, expanding food processing infrastructure and strengthening India's railway network—all with an eye on improving farm incomes and economic connectivity.

1 min  |

August 01, 2025

Mint New Delhi

Vedanta Gets HC Relief on ₹29 Cr Guarantee

Vedanta won the coal mine in a 2020 auction. The mine is critical to powering the company's aluminium ops

2 min  |

August 01, 2025

Mint New Delhi

Vedanta Q1 profit falls 11% to ₹3,185 cr

Vedanta Ltd's profit for the April-June period fell by over a tenth from a year ago due to higher tax expenses, even as it produced the most zinc and alumina ever for a first fiscal quarter.

1 min  |

August 01, 2025

Mint New Delhi

HC rejects Celebi's plea against govt

A single-judge bench of the Delhi High Court (HC) has dismissed the plea of Turkish firm Celebi Ground Handling India Pvt. Ltd challenging the Centre's decision to revoke its security clearance.

1 min  |

August 01, 2025

Mint New Delhi

Making art using dots and lines

A Mint round-up of what's happening in and around the city

1 min  |

August 01, 2025

Mint New Delhi

Inflection Point's $110-mn fund to back early startups

Angel-investment platform Inflection Point Ventures (IPV) unveiled on Thursday a $110-million (around ₹964 crore) angel fund to bet on early-stage startups.

1 min  |

August 01, 2025

Mint New Delhi

Sebi Moots Retail Quota Cut in Large IPOs to Boost Stability

Despite Robust Inflows Into MFs, Direct Participation by Retail Investors in IPOs Has Plateaued

2 min  |

August 01, 2025

Mint New Delhi

Can Novo Nordisk's new CEO stop rivals from taking over the anti-obesity market?

The Danish drugmaker has consistently misread the U.S. market and the threat of compounders

5 min  |

August 01, 2025

Mint New Delhi

Indus Towers pauses shareholder payouts amid Vi woes, high expenses

In 2024, Indus Towers conducted a share buyback—its first since 2016—worth ₹2,640 crore

2 min  |

August 01, 2025

Mint New Delhi

Sun Pharma net profit falls on US antitrust settlement

Sun Pharmaceutical Industries Ltd's revenue from operations for the April-June period beat Street expectations to rise 9.4% year-on-year to ₹13,851 crore. However, the drugmaker's net profit fell on exceptional items including settlement costs in a pricing antitrust litigation in the US and discontinuing clinical studies on one of its drugs.

1 min  |

August 01, 2025

Mint New Delhi

Swiggy to review its stake in Rapido

Swiggy's losses nearly doubled in April-June despite a jump in revenue as Instamart continued to bleed cash

2 min  |

August 01, 2025

Mint New Delhi

Mahindra Continues to Rake in Profits as SUV Sales Surge

The company sold 152,067 units in Apr-June, displacing Hyundai as the 2nd largest carmaker

2 min  |

July 31, 2025

Mint New Delhi

Freshworks eyes engineers with key skills amid AI push

Uptake of cutting-edge tools may see the company hiring higher-value employees instead of freshers

1 min  |

July 31, 2025

Mint New Delhi

India-UK FTA Will Boost ABD Margins

Mumbai-based liquor maker Allied Blenders and Distillers Ltd anticipates its operating margin to improve by 2 percentage points once the India-UK free-trade agreement takes effect.

1 min  |

July 31, 2025

Mint New Delhi

Tata Steel Q1 Profit Up 2x on Higher Realizations

For the overseas operations, the steelmaker's Netherlands operations reported an EBITDA of €64 million compared to a €14 million in Q4FY25, while the UK losses narrowed to £41 million from £80 million in Q4FY25.

1 min  |

July 31, 2025

Mint New Delhi

Panel flags digital redressal failures

India's online consumer grievance platform, e-daakhil, has resolved less than a quarter of the complaints it has received since launch, a parliamentary panel said in a report Tuesday, flagging the lack of oversight and accountability despite the government's push for digital redressal.

1 min  |

July 31, 2025

Mint New Delhi

DGCA Finds 263 Lapses During Audits

Aviation safety watchdog Directorate General of Civil Aviation (DGCA) on Wednesday said it has come across 263 lapses, including those requiring immediate corrective actions, during 23 audits of eight domestic airlines carried out in the last one year.

1 min  |

July 31, 2025

Mint New Delhi

Ola Electric Eyes High-Yield Debt Financing

Ola Electric Mobility Ltd, an Indian electric vehicle maker whose shares have fallen about 50% this year, recently held talks with lenders to explore raising money through high-yield debt, according to people familiar with the matter.

1 min  |

July 31, 2025

Mint New Delhi

IndiGo, AI CEO salaries soar amid turbulence, flight cuts

IndiGo guided for 5-9% year-on-year ASK growth in Q2, suggesting a sequential dip from Q1

2 min  |

July 31, 2025

Mint New Delhi

High levels of debt are a worry the world must confront

The OECD's 'Global Debt Report' flags the global risks of a debt spike in rich-world economies

3 min  |

July 31, 2025

Mint New Delhi

Fortune Global 500: RIL top Indian firm

Billionaire Mukesh Ambani's Reliance Industries Ltd (RIL) has retained its position as the highest-ranked Indian company on the 2025 Fortune Global 500 list, according to the latest rankings released by the publication.

1 min  |

July 31, 2025

Mint New Delhi

The Gen Xers Who Waited Their Turn to Be CEO Are Getting Passed Over

Gen Xers, typically defined as those born between 1965 and 1980, are having fewer chances to lead

3 min  |

July 31, 2025

Mint New Delhi

Google May Invest $6 Bn in Data Centre in Andhra Pradesh

Google's Data Centre in Andhra Pradesh Will Be the Largest in Capacity and Investment Size in Asia

1 min  |

July 31, 2025

Mint New Delhi

Prestige to build 3 golf-themed resorts

Leading real estate firm Prestige Group plans to develop lavish golf-themed, resort-style residential projects in Goa, Lonavala and Hyderabad, as it aims to replicate its signature Golfshire property near Bengaluru in other locations, a top company official said.

1 min  |

July 31, 2025

Mint New Delhi

US Tariffs Cloud Outlook for Indian Exports, GDP Growth

Trump says the move was necessary to address America's 'massive trade deficit' with India

2 min  |

July 31, 2025