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Mint Kolkata

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 Kolkata

India's Fiscal Deficit Widens in Q1 Amid Surge in Capex

Rise in capex signals govt's continued push to support economic growth through investment

2 min  |

August 01, 2025

Mint Kolkata

Auto parts exports to lose edge

India's $111 billion auto components industry faces a fresh threat after US President Donald Trump announced a 25% tariff on Indian goods, denting the sector's edge in its largest export market.

1 min  |

August 01, 2025

Mint Kolkata

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 Kolkata

Adani profit drops 49% on weak coal biz

Adani Enterprises Ltd, the flagship company of billionaire Gautam Adani's group, on Thursday reported a 49% decline in the June quarter profit as weak coal demand offset growth in the airport and mining units.

2 min  |

August 01, 2025

Mint Kolkata

India Tells Refiners to Draw Up Plans for Non-Russian Crude

India told its oil refiners to come up with plans for buying non-Russian crude, a scenario that would have far-reaching consequences for the global oil market if it ultimately meant reduced dealings with Moscow.

1 min  |

August 01, 2025

Mint Kolkata

ArcelorMittal Q2 net triples to $1.8 bn

Steel and mining major ArcelorMittal on Thursday posted an over threefold jump in net income to $1,793 million in the June quarter.

1 min  |

August 01, 2025

Mint Kolkata

Dabur Q1 net profit rises 3% to ₹508 crore

Home-grown FMCG major Dabur India Ltd on Thursday reported an increase of 2.8% in its consolidated net profit to ₹508.29 crore in the June quarter of FY26 as it faced inflationary headwinds and unseasonal rains, which impacted the performance of the beverage portfolio.

1 min  |

August 01, 2025

Mint Kolkata

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 Kolkata

Pakistan, US Reach Deal to Develop Oil Reserves, Cut Tariffs

The US and Pakistan reached a trade agreement expected to allow Washington to help develop Pakistan's largely untapped oil reserves and lower tariffs for the South Asian country, officials from both nations said on Thursday.

2 min  |

August 01, 2025

Mint Kolkata

Tata Motors Allays Investors' Worries on $4.4 Billion Iveco Deal

Firm says achieving growth in commercial vehicle biz not easy, so needs such acquisitions

2 min  |

August 01, 2025

Mint Kolkata

TVS flags magnet threat even as scooter profit soars

Curbs on rare earth magnets, imported majorly from China, has prompted TVS Motor to look for other sources

2 min  |

August 01, 2025

Mint Kolkata

CleanMax readies IPO; confidential filing soon

The company, 48% owned by Brookfield, may file draft papers by Aug-end

2 min  |

August 01, 2025

Mint Kolkata

'Gold demand to hit 5-year low in India'

India's gold consumption in 2025 is set to fall to a five-year low, as record-high prices are denting jewellery purchases, overshadowing a slight boost in investment demand, the World Gold Council (WGC) said on Thursday.

1 min  |

August 01, 2025

Mint Kolkata

Microsoft Crosses $4 Trillion Valuation

Microsoft Forecast a Record $30 Billion Capital Spending for the First Quarter to Meet Soaring AI Demand

1 min  |

August 01, 2025

Mint Kolkata

Vedanta 'adjusted PAT' up 13% to ₹5k cr

Vedanta Ltd on Thursday posted a 13 percent rise in consolidated \"adjusted profit after tax\" to ₹5,000 crore in June quarter, driven by higher revenues.

1 min  |

August 01, 2025

Mint Kolkata

Indian VC firm Avataar backs US cybersecurity company

Palo Alto, US-based cybersecurity platform Safe Security has raised $70 million in a Series C round led by business-to-business (B2B) software as a service (SaaS)-focused investor Avataar Venture Partners.

1 min  |

August 01, 2025

Mint Kolkata

Eicher Motors beats Q1 profit estimate

Automaker Eicher Motors reported a better-than-expected quarterly profit on Thursday, helped by strong demand for its premium motorcycles and commercial vehicles.

1 min  |

August 01, 2025

Mint Kolkata

Centre nudges banks to push infra lending, fuel economy

The govt is keen to ensure that financing constraints don't delay viable infra projects

2 min  |

August 01, 2025

Mint Kolkata

Romance Back in Bollywood as Love Stories Rule Box Office

Bollywood is back to what it does best—romance.

2 min  |

August 01, 2025

Mint Kolkata

Survival in times of predatory trade: Is Asia on to something?

It may find dismal deals better than losing access to US markets

3 min  |

August 01, 2025

Mint Kolkata

Mounjaro as good as older drug on heart-attack risk

More than 13,000 people with type 2 diabetes and a history of heart disease were enrolled in Lilly's trial

2 min  |

August 01, 2025

Mint Kolkata

Trump and Dimon are talking again after yearslong rift

America's most powerful banker and the president have met twice in the past two months

2 min  |

August 01, 2025

Mint Kolkata

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 Kolkata

When Individuals Can Invest Abroad, Then Why Do Mutual Funds Face a Cap?

Geographic diversification isn't merely useful for Indian investors—it's essential

3 min  |

August 01, 2025

Mint Kolkata

Swiggy to review Rapido stake over potential conflict concerns

On-demand convenience firm Swiggy on Thursday said it will re-evaluate its investment in ride-hailing startup Rapido, citing a potential conflict of interest in the future as the mobility venture recently entered the food delivery segment.

1 min  |

August 01, 2025

Mint Kolkata

Hyundai Flexes Margin Muscle, But Revving Up Growth Is Key

Running on margin

1 min  |

August 01, 2025

Mint Kolkata

State-run PNB expects MTNL debt resolution in 4 months

According to stock exchange disclosures, MTNL first defaulted on loans on 30 June 2024

2 min  |

August 01, 2025

Mint Kolkata

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 Kolkata

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