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Mint Chennai

Snabbit raises $30 mn in Series C

Snabbit, a quick-service platform for ondemand home services, on Thursday said it has raised $30 million (about ₹265 crore) in a Series C funding round led by Bertelsmann India Investments, alongside participation from existing investors Lightspeed, Elevation Capital, and Nexus Venture Partners.

1 min  |

October 31, 2025

Mint Chennai

OpenAl lays groundwork for major IPO at up to $1 tn valuation

OpenAl is laying the groundwork for an initial public offering (IPO) that could value the company at up to $1 trillion, three people familiar with the matter said, in what could be one of the biggest IPOs of all time.

1 min  |

October 31, 2025
Mint Chennai

Mint Chennai

Loans, wealth units to drive Groww's growth

Co looks beyond broking to bonds, commodities as new growth engines

3 min  |

October 31, 2025

Mint Chennai

Poor power demand dulls Coal India's Q2, outlook weak

Coal India Ltd’s secondquarter results didn’t bring any fireworks.

1 min  |

October 31, 2025

Mint Chennai

YouTube to use AI to refine videos' quality

Google’s YouTube will use artificial intelligence (AI) to improve the visual clarity of many low-resolution videos on its platform when viewed on TV screens, the web and mobile devices.

1 min  |

October 31, 2025
Mint Chennai

Mint Chennai

Sebi eases rollout of derivative rules

The Securities and Exchange Board of India (Sebi) on Thursday announced new, staggered deadlines for derivative eligibility rules, giving market participants an extended transition period.

1 min  |

October 31, 2025

Mint Chennai

Dabur Q2 profit up 6.5% to ₹453 crore

Indian consumer goods maker Dabur reported a smaller-than-expected rise in second-quarter profit on Thursday due to a temporary sales disruption after the government announced sweeping cuts to goods and services taxes.

1 min  |

October 31, 2025

Mint Chennai

Sub-limits blunt coverage of Irdai's modern care mandate

Insurers continue to cap payouts despite 2019 Irdai mandate covering 12 modern procedures

4 min  |

October 31, 2025

Mint Chennai

Mumbai: Maximum alert can't maximize well-being

The tumult of a world growing ever more closed and insecure has found its mirror, especially in India's metros, in the slow degeneration of social structures and, worse, in the loss of community and childhood experiences.

3 min  |

October 31, 2025

Mint Chennai

GA pours $600 mn into PhonePe

Growth equity firm General Atlantic (GA) has infused $600 million (about ₹5,323 crore) in fintech major PhonePe through secondary transactions, more than doubling its stake to 9%, people aware of the matter said.

1 min  |

October 31, 2025
Mint Chennai

Mint Chennai

Cognizant seeks India listing to narrow peer valuation gap

Cognizant’s P/E ratio is 16.59, against 18-25 for TCS, Infosys, HCL Technologies and Wipro

2 min  |

October 31, 2025

Mint Chennai

Privatize power utilities but get regulation right

The government is crafting an ambitious package for private participation in electricity retailing but regulatory reforms must take precedence for its benefits to flow across India

2 min  |

October 31, 2025
Mint Chennai

Mint Chennai

Indian refiners set for surge in exports

Crippled refineries in Russia and the advancing winter in Europe are expected to pump up demand for Indian petro-products till the end of March.

1 min  |

October 31, 2025

Mint Chennai

Starlink begins hiring for India rollout

Months after receiving approval to launch satellite internet services in India, Elon Musk-owned Starlink Satellite Communications Pvt. Ltd has begun hiring in the country.

1 min  |

October 31, 2025
Mint Chennai

Mint Chennai

Exports, cheaper steel help Hyundai beat Q2 India blues

A surge in exports and lower steel prices helped Hyundai Motor India Ltd offset a slump in domestic sales to report better profit and margins for the July-September quarter.

1 min  |

October 31, 2025

Mint Chennai

STABILITY BREEDS COMPLACENCY: INVESTORS MUST RELEARN THE ART OF CAUTION

Every investing era has its favourite rationalizations—confident claims that the old rules no longer apply.

2 min  |

October 31, 2025
Mint Chennai

Mint Chennai

Cipla names Achin Gupta MD&CEO as Vohra to exit

Gupta will take over from | April, will be MD and global CEO-designate from | January

2 min  |

October 31, 2025
Mint Chennai

Mint Chennai

Govt to take legal view on SC's Vi order

The Centre will take a legal view on the Supreme Court’s order on Vodafone Idea Ltd's additional gross revenue (AGR) dues before giving any relief to the beleaguered telco, a senior government official said.

2 min  |

October 31, 2025
Mint Chennai

Mint Chennai

State development loans fall in Oct as yields remain high

The lack of substantial relief in yields coincided with a dip in state bond supply in October

2 min  |

October 31, 2025

Mint Chennai

Govt allays concerns over power bill draft

In a bid to allay concerns over a potential increase in tariffs for farmers and impact on operations of state-run power distribution companies (discoms) due to the proposed Electricity (Amendment) Bill 2025, the power ministry on Thursday said the changes would only bring in “fair competition” and reduce the cost of power supply.

1 min  |

October 31, 2025

Mint Chennai

China opens door to rare earth relief

Four Indian cos get nod; Beijing suspends planned extra curbs

1 min  |

October 31, 2025
Mint Chennai

Mint Chennai

How India became the frontline of global fraud

Snigdha Poonam's nonfiction book 'Scamlands' takes stock of the implications of fraud in an already fractured society

4 min  |

October 30, 2025

Mint Chennai

Shree Cement sticks to its strategy despite slow HI

As large cement makers chase market share, there are concerns over Shree Cement Ltd’s strategy to prioritise a premium pricing over volume.

1 min  |

October 30, 2025
Mint Chennai

Mint Chennai

Bougatsa is a Greek breakfast worth waking for

This custard-filled treat, which dates back to the time of the Byzantine Empire, is a delicious slice of Athens life

3 min  |

October 30, 2025

Mint Chennai

Goswami's lenders opt out of early pay on bond

Large creditors of Goswami Infratech Pvt., India’s second biggest high-yield corporate rupee bond, do not plan to exercise an early redemption option at the end of December, according to people familiar with the matter.

1 min  |

October 30, 2025
Mint Chennai

Mint Chennai

Insurance drives PB Fintech’s Q2 growth, margin up

PB Fintech Ltd, the parent of Policybazaar, saw its revenue grow in the second quarter ended September, aided by new insurance plans and renewals, and credit disbursals.

1 min  |

October 30, 2025
Mint Chennai

Mint Chennai

Eli Lilly partners with Nvidia to build AI supercomputer for drug discovery

Drugmaker Eli Lilly has teamed up with artificial-intelligence chip designer Nvidia to build what the companies say will be the most powerful supercomputer run by a pharmaceutical company to boost the discovery of new medicines.

2 min  |

October 30, 2025

Mint Chennai

Rupee rises to 88.21 against US dollar

The rupee appreciated eight paise to close at 88.21 (provisional) against the US dollar on Wednesday, on strong domestic markets and optimism over the trade deal between India and the US.

1 min  |

October 30, 2025
Mint Chennai

Mint Chennai

CPP targets more growth in India as its portfolio triples

Canada’s CPP Investments expects its India portfolio to grow further after tripling in size over the previous 5 years, top executives at the investment firm said on Wednesday during a media discussion.

1 min  |

October 30, 2025

Mint Chennai

SBI MF invests ₹100 cr in Lenskart

SBI Mutual Fund has invested ₹100 crore in eyewear retailer Lenskart Solutions in a pre-IPO (initial public offering) funding round.

1 min  |

October 30, 2025