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Mint New Delhi

Services sector activity rises to a three-month high

Tepid expansion India's services sector activity rose slightly in May compared to the previous month.

1 min  |

June 05, 2025

Mint New Delhi

Manufacturing: A sector crying out for a reality check

It's ironic that this sector is getting such attention even as automation reduces the jobs created

3 min  |

June 05, 2025

Mint New Delhi

Yes, AI is coming for our jobs: It's the old story of new technology

This worry is exaggerated. Any such innovation usually creates new jobs while taking away others

3 min  |

June 05, 2025

Mint New Delhi

Edible oil cos urged to pass on duty cuts

The Solvent Extractors' Association of India (SEA), an industry body, on Wednesday urged its 875 members to pass on the benefit of reduced import duties to consumers and reduce the prices of packaged edible oils.

1 min  |

June 05, 2025

Mint New Delhi

REC Gets Nod to Sell Deep-Discount Debt

India's REC has received approval from the central government to raise funds through deep-discount bonds for a second time in less than a year, a government document dated 30 May showed.

1 min  |

June 05, 2025

Mint New Delhi

Daryaganj to triple restaurant count

North Indian restaurant chain Daryaganj Hospitality Pvt. Ltd, which is locked in a legal battle with rival Moti Mahal over who invented the popular butter chicken dish, plans to expand from 15 outlets currently to 50 in three to five years, co-founder and chief executive officer Amit Bagga said.

1 min  |

June 05, 2025

Mint New Delhi

Flipkart's arm exits Aditya Birla Fashion

Flipkart Investments, an arm of e-commerce firm Flipkart, on Wednesday exited Aditya Birla Fashion and Retail by selling its entire 6% stake in the company through block deals worth ₹583 crore.

1 min  |

June 05, 2025

Mint New Delhi

ChrysCap set to invest $50 mn in Sleep Co

Private equity firm ChrysCapital is set to invest more than $50 million in The Sleep Co. in a mix of primary and secondary transactions, two people said.

1 min  |

June 05, 2025

Mint New Delhi

PSU Boards Await Clearance for Independent Directors

Delays invite penalties from exchanges; proxy advisors point to the govt approval process

2 min  |

June 05, 2025

Mint New Delhi

Inside the Ukrainian drone operation that devastated Russia's bomber fleet

Ukraine said it damaged 41 warplanes valued at $7 billion at four bases using drones that cost about $2,000 each

5 min  |

June 05, 2025

Mint New Delhi

Campus hirings improve in 2025

Campus hirings bounced back in the 2025 placement season as pre-placement offers (PPOs) rose, with conversions rising by an average of 24% from last year across all degree programmes, Deloitte's Campus Workforce Trends report 2025 showed.

1 min  |

June 05, 2025

Mint New Delhi

Census to be conducted before Mar 2027

The 2027 Census will also be the basis for conducting the delimitation exercise for Lok Sabha seats

2 min  |

June 05, 2025

Mint New Delhi

Rupee falls as demand for dollar surges

The rupee declined for the sixth time in seven sessions on Wednesday, slipping briefly past 86 to the US dollar, as traders unwound bullish positions amid persistent demand for the greenback.

1 min  |

June 05, 2025

Mint New Delhi

Wise gets nod for cross-border ops

Global technology company Wise on Tuesday said it has received in-principle approval from the Reserve Bank of India to operate as a cross-border payment aggregator.

1 min  |

June 04, 2025

Mint New Delhi

Biocon gets nod for diabetes drugs

Biotech firm Biocon on Tuesday said it got approval from government authorities for a generic diabetes medication.

1 min  |

June 04, 2025

Mint New Delhi

House Panel Mulls Steps to Break Bankruptcy Deadlocks

The review comes amid demands for speeding up debt resolution, improving recovery rates

2 min  |

June 04, 2025

Mint New Delhi

KKR Builds $42 Billion Real Estate Loan Pipeline

KKR & Co. has a record volume of commercial property financings lined up, and expects more deals as property prices reset and other lenders pull back amid market volatility.

1 min  |

June 04, 2025

Mint New Delhi

Adani Eyes Ops at Two City Airports

Adani Airport Holdings is \"evaluating\" bids for the airports in Mumbai and Ahmedabad, chief executive Arun Bansal said on the sidelines of an aviation industry event in New Delhi.

1 min  |

June 04, 2025

Mint New Delhi

How Moderna Went From Pandemic Hero to Vaccine Victim

Biotech's mRNA vaccines were lauded by the first Trump administration but now are caught up in govt changes to vaccine rules

4 min  |

June 04, 2025

Mint New Delhi

Stuck in first gear: Let's probe what ails car sales

Maruti Suzuki's call for small-car sales incentives can be easily dismissed, but not what it says about the market's shape. Volumes seem at risk of hitting a premature plateau in India

2 min  |

June 04, 2025

Mint New Delhi

Markets Lose Steam on Weak Global Cues

Equity benchmark indices Sensex and Nifty tumbled nearly 1% on Tuesday, weighed down by a widespread selloff amid foreign fund outflows and growing geopolitical uncertainties.

1 min  |

June 04, 2025

Mint New Delhi

MSEI backers uncertain after new rule

The investments were made before Sebi proposed to limit weekly index option expiry days

3 min  |

June 04, 2025

Mint New Delhi

Securing your business legacy: Crucial tips for estate planning

I'm a 54-year-old man running a textile manufacturing unit. I want to ensure that upon my death, business operations and assets are secured. How can I protect my business interests after my death?

1 min  |

June 04, 2025

Mint New Delhi

Toyota unit buyout faces criticism

The Toyota group's proposal to privatize Toyota Industries Corp. is drawing criticism from investors and analysts, who argue the ¥4.7 trillion ($33 billion) deal significantly undervalues the company and risks alienating shareholders with what many view as an unpalatable transaction.

1 min  |

June 04, 2025

Mint New Delhi

Staffing firms prefer placing staff in GCCs than IT firms

A GCC placement earns more commission for manpower firms than an IT services firm fresher

3 min  |

June 04, 2025

Mint New Delhi

Hyundai exits Ola Electric, Kia pares stake as well

South Korean automaker Hyundai Motor Co. on Tuesday exited Ola Electric Mobility by selling its entire 2.47% stake in the company for ₹552 crore through an open market transaction.

1 min  |

June 04, 2025

Mint New Delhi

Ageing parents? Employer health plans offer a way in

At 30% lower cost, employer plans often skip health checks or cover pre-existing conditions

3 min  |

June 04, 2025

Mint New Delhi

Exports rescue Cummins in Q4

Cummins India Ltd's standalone Ebitda of ₹520 crore for the March quarter (Q4FY25) represents a 7% year-on-year rise, excluding a one-off cost-saving of ₹60 crore.

2 min  |

June 04, 2025

Mint New Delhi

Maggi crisis fuelled Nestlé's capex surge in past decade

Nestlé India's capex has risen from 1.8% of sales in 2015 to 10% of sales in the fiscal ended March 2025

2 min  |

June 04, 2025

Mint New Delhi

America's 3.5% remittance tax will empower informal cartels

Expensive formal transfers will make space for hawala operators

3 min  |

June 04, 2025