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Mint Mumbai

Mint Mumbai

OfBusiness arm picks JP Morgan to raise $150 million

xyzo Financial Services, the lending arm of B2B e-commerce startup OfBusiness, has appointed JP Morgan to raise up to $150 million in primary capital, two people familiar with the matter said.

1 min  |

September 25, 2025

Mint Mumbai

PhonePe files for IPO to raise up to ₹12,000 cr

US retailer Walmart Inc.-owned Indian payments firm PhonePe has filed draft papers for an initial public offering (IPO) via the confidential pre-filing route, the fintech said in a statement on Wednesday.

1 min  |

September 25, 2025
Mint Mumbai

Mint Mumbai

Govt set to refresh solar booster scheme

The government is working on a new incentive scheme to boost production of wafers and ingots, key sub-components that go into making solar photovoltaic (PV) modules, amid choked supplies from China, three people with knowledge of the matter said.

2 min  |

September 25, 2025

Mint Mumbai

India considers US blueprint to forge new trade deal with Japan

India is set to pursue a new trade deal with Japan seeking greater market access modelled on the East Asian giant’s pact with the US, as New Delhi seeks to correct the trade gap with its longtime partner, said two people aware of the development.

2 min  |

September 25, 2025
Mint Mumbai

Mint Mumbai

Large exposure rule begins to squeeze corporate lending

A six-year-old Reserve Bank of India (RBI) rule meant to keep a check on banks’ lending to large corporate groups is once again causing heartburn for lenders.

3 min  |

September 25, 2025
Mint Mumbai

Mint Mumbai

New highway builders may toll older parallel roads too

Highway developers winning new projects may also be allowed to operate older parallel roads and charge tolls on them, in an effort to reduce toll leakage and attract more investors.

2 min  |

September 25, 2025
Mint Mumbai

Mint Mumbai

Govt unwraps $8 bn outlay to buoy ports, shipping

India is setting sail on its biggest maritime bet yet, with the Union cabinet on Wednesday unveiling an incentive package of ₹69,725 crore or about $8 billion for the shipping and ports industry.

3 min  |

September 25, 2025

Mint Mumbai

Anti-dumping duty could slightly help Teflon maker GFL

The Directorate General of Trade Remedies has recommended a five-year anti-dumping duty of $2.8-5.9 per kg on Chinese and Russian imports of a high-performance _ plastic used in making Teflon nonstick cookware.

1 min  |

September 25, 2025
Mint Mumbai

Mint Mumbai

Makhana to millets, snack makers tap into mindful munching

Urban Indians’ appetite for healthier snacking is growing—and no food is off limits as snack-makers race to cash in on the trend.

3 min  |

September 25, 2025
Mint Mumbai

Mint Mumbai

India's newest billionaire keeps his bets spread wide

The auto component maker is also into commodities trade, seen as a risk by some analysts

2 min  |

September 25, 2025

Mint Mumbai

Insolvency relief for homebuyers soon

Separating troubled projects, early house registration proposed

3 min  |

September 25, 2025
Mint Mumbai

Mint Mumbai

Retail catches a falling knife as NSE shares dive

Retail exposure may be overstated, shows NSE data, amid talks to replace weekly contracts with fortnightly or monthly tenures. reuters

3 min  |

September 25, 2025

Mint Mumbai

A TRIBUTE TO PM MODI FOR LEADING 25-YEARS OF INCLUSIVE GROWTH

Dr L Murugan, Minister of State for I&B and Parliamentary Affairs recently released an important book by Mr Sameer Kochhar, Chairman, SKOCH Group and Reforms Historian entitled “ModiNomics: A Journey of Inclusive Growth” that marks 25-years of Prime Minister Narendra Modi in public office.

1 min  |

September 25, 2025

Mint Mumbai

Vibe coding startups begin to land bigger cheques again

Emergent, Rocket, Composio raise $15-25 mn each, marking a rebound after three slow years

3 min  |

September 25, 2025

Mint Mumbai

SME IPO market faces a credibility test

India’s small and medium enterprise (SME) IPO market has become one of the busiest corners of Dalal Street, minting riches for some but sparking concerns over risks to small investors.

3 min  |

September 25, 2025

Mint Mumbai

Appellate court launched to hear GST disputes

As many as 483,000 pending cases are expected to be filed before the GSTAT

1 min  |

September 25, 2025
Mint Mumbai

Mint Mumbai

India’s EMI crisis: From default to discipline

India is facing a silent yet massive crisis: over 10% of EMIs bounce every month, amounting to over ₹1.25 lakh crore in unpaid payments.

3 min  |

September 25, 2025

Mint Mumbai

CESC to raise ₹300 cr via NCDs

Power utility CESC Ltd on Wednesday announced that its board has approved the raising of ₹300 crore through nonconvertible debentures (NCDs) on a private placement basis.

1 min  |

September 25, 2025
Mint Mumbai

Mint Mumbai

RELIANCE JIO INFOCOMM RATED INDIA INVOLVED BY SKOCH FOR EXCELLENCE IN TELECOM

Reliance Jio Infocomm Limited has consistently pushed the boundaries of telecom innovation, demonstrating how large-scale digital transformation can simplify operations, improve transparency and accelerate delivery.

2 min  |

September 25, 2025

Mint Mumbai

Hotel stocks on a tear, but beware

Staying robust The Indian hotel industry has seen notable revenue growth in recent years.

2 min  |

September 25, 2025

Mint Mumbai

China to stop claiming WTO benefits that rankled US

China will no longer claim the benefits available to developing nations at the World Trade Organization (WTO), removing a point of contention with the US that’s been a barrier to their agreement on reforming the global arbiter of commerce.

1 min  |

September 25, 2025

Mint Mumbai

Miran’ monetary policy advocacy is simply puzzling

Through one of the strangest twists in economic history, Stephen Miran, chief economic advisor to US President Donald Trump and newly appointed member of the Federal Reserve's board of governors, hasseen his career resurrected in almost mythical fashion ever since the failure ofthe investment firm he co-founded in 2022.

3 min  |

September 25, 2025

Mint Mumbai

When boring became beautiful for stock-market investors

Boring can be beautiful— and, it turns out, bountiful.

4 min  |

September 25, 2025

Mint Mumbai

Sebi ups custodian net worth needs

The Securities and Exchange Board of India (Sebi) has raised the minimum net worth requirement for custodians to *75 crore from %50 crore at present ina bid to strengthen risk management systems.

1 min  |

September 25, 2025

Mint Mumbai

India’s Battle with Silent Chronic Kidney Disease

A growing health concern that continues to threaten the health of Indians at large is Chronic Kidney Disease, which often shows itself when it’s too late. With diabetes and hypertension fuelling its rise, early awareness and proactive care are key to saving lives

1 min  |

September 25, 2025

Mint Mumbai

Powell describes rates as ‘modestly restrictive,’ keeping door open to cuts

Fed chair warns ‘there is no risk-free path’ after officials cut rates last week

3 min  |

September 25, 2025
Mint Mumbai

Mint Mumbai

Green bonds unable to attract investors despite Centre’s push

The current fiscal year is proving the toughest for the government's green-bond programme, which has been struggling to attract investors since its 2022-23 launch.

1 min  |

September 25, 2025

Mint Mumbai

Exim Bank boosts credit support and US tariffs

India’s export-import (Exim) Bank is increasing credit support to exporters and helping them diversify into newer markets, particularly Africa, following punitive US tariffs on imports from the South Asian nation, a top official said.

1 min  |

September 25, 2025
Mint Mumbai

Mint Mumbai

AI WILL TEST SAP'S CUSTOMERS, AND GROWTH

As the cloud boom tapers off, the German tech giant now faces the harder task of winning clients over

9 min  |

September 25, 2025
Mint Mumbai

Mint Mumbai

If a spouse dies, what happens to a will made before marriage ?

My husband recently passed away without leaving a will. I am a Christian, and he was a Hindu. We have two children and live in Mumbai. My in-laws have discovered a will made by him before our marriage, which states he has left his property to his parents.Can I challenge this will made prior to our marriage? —Name withheld on request

1 min  |

September 25, 2025