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Mint Kolkata - June 10, 2025

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इस अंक में

June 10, 2025

Alta Capital, four others eye Xander's warehouses

Private equity firm Alta Capital's logistics platform LogiCap is among a handful of investors in the race to acquire Singapore-based Xander Group's warehousing portfolio in Chennai, Mumbai, and Kolkata, three people familiar with the matter told Mint.

1 mins

Goyal starts Switzerland, Sweden trip, eye on trade

Commerce and industry minister Piyush Goyal on Monday began a five-day official visit to Switzerland and Sweden, aimed at strengthening India's economic and trade ties with key European partners.

1 mins

Infosys case signals new approach to granting tax benefits for IT firms

The move by the Directorate General of GST Intelligence (DGGI) to close ₹32,403-crore of pre-tax proceedings against Infosys Ltd signals the government's acceptance of the fact that business processes of software companies need not necessarily be organized in a way that is convenient for the tax administration, two people familiar with the development said.

2 mins

Sops sought for critical battery parts

Centre launched a ₹3,760 cr scheme to boost large-scale battery manufacturing for grid power storage in 2023

2 mins

Citizen-centric tax regime planned

The central government has estimated an indirect tax collection of ₹17.3 trillion in FY26

1 mins

Centre Weighs Review of MSP Formula to Push Pulse Output

Aatmanirbharta Mission aims to make India self-sufficient in pulse production in a decade.

2 mins

Realty firms on a high after land-buying spree in FY25

Listed home developers are focusing on increasing their capital expenditure (capex) towards acquiring new land parcels.

1 mins

Blue Star faces the heat in Q1

Cool quotient Blue Star has seen good market share growth over the past eight years despite strong competition.

2 mins

Sebi probing Jane Street's derivative trades over three years

Sebi is investigating Jane Street, Jane Street Singapore Pte and JSI Investments, the firm's India unit

2 mins

Microfinance woes persist: RBI's Rao

Indebtedness, falling rural income and election-related disruptions led to microfinance stress

1 mins

US in stagflationary shock, India remains outlier: BofA

As the US economy goes through a stagflationary shock owing to higher tariffs, India and other countries will remain outliers, according to Claudio Irigoyen, managing director and head of global economics research at Bank of America Global Research.

2 mins

AI lag, trade clouds over Apple's WWDC

Apple is likely to revamp iOS with a new look and naming format, possibly jumping from iOS 19 to iOS 26

1 mins

Mamaearth shift paying off

Parent Honasa Consumer got its hands dirty over a painful distribution overhaul—but it's finally showing results

3 mins

Regional content gains ground on OTT even as Hindi leads

Video streaming platforms are seeing slow but steady growth in viewership for regional language content, driven primarily by theatrical films.

1 mins

More Retail raises ₹400 cr before 2026 IPO, eyes towns

More Retail was set up by the Aditya Birla group in 2006 and acquired in 2019 by Samara Capital and Amazon

2 mins

How 98% of Graduates Fail to Get Into India's Top Law Firms

Struggle to find suitable, job-ready grads comes at a time when legal sector is growing rapidly

2 mins

Shein, Reliance tie up to sell Indian wear

Fashion retailer Shein and partner Reliance Retail plan to rapidly expand their Indian supplier base and start overseas sales of India-made Shein-branded clothes within six to 12 months, said two people with knowledge of the matter.

1 mins

Advent to buy $175 mn stake in Felix Pharma

Founded in 2015, Felix Pharma is among the fastest-growing companies in the animal health space

1 mins

Titan Looks at Growth as Youth Buy Low-Carat Jewellery

Titan Company's CaratLane aims to surpass last financial year's revenue growth, as younger Indians warm up to lower-carat jewellery and the brand plans to open more stores, its top boss told Reuters.

1 mins

Nykaa bets on its bouquet of cosmetics, apparel brands to drive profits

Beauty and personal care retailer Nykaa expects its house of brands business to grow significantly and drive profitability over the next three years, co-founder Adwaita Nayar said.

2 mins

Advertising is no longer a one-agency-does-it-all biz'

MullenLowe Lintas Group India now focuses on orchestrating outcomes through strategic collaboration

2 mins

India's Next 10-Minute Push? On-Demand House Help

Startups racing to dispatch cooks, cleaners, household workers within minutes of booking

2 mins

Godrej scion Tanya Dubash's co buys ₹226 cr duplex in Worli

Shaula Real Estates Pvt Ltd, which lists Tanya Arvind Dubash, executive director and chief brand officer of Godrej Industries Ltd, as one of its directors, has purchased a duplex apartment for ₹225.76 crore in Mumbai's super luxury tower, Naman Xana.

1 mins

ABB Sees Clean Energy Timelines Shift

In 2024, ABB's motion business posted a revenue of ₹4,287 crore in India, up from ₹3,785 crore in the year before

2 mins

Modern technology and old-school spycraft are redefining war

Ukraine's strike against Russian bomber fleet, Israel's decapitation of Hezbollah herald the transformation of warfare

5 mins

Businesses are bingeing on crypto, dialing up the market's risks

Buying bitcoin is becoming a fad for a growing list of companies that have nothing to do with crypto but believe digital assets can boost their stocks.

3 mins

Will America's Unbalanced Trade Doom the Dollar?

Concerns that the U.S. trade deficit will drag down the dollar are overdone

3 mins

Gaza-bound activist boat with Greta Thunberg intercepted, boarded by Israel

A previous attempted voyage to Gaza by a flotilla of aid ships in 2010 ended in an international fracas

2 mins

U.S., Chinese Officials Meet in London for Pivotal Trade Talks

The talks come at a crucial time for both economies, which are showing signs of strain from Trump's tariff orders

2 mins

Jio BlackRock MF names top leaders

Jio BlackRock Asset Management Pvt. Ltd, a 50:50 joint venture between Jio Financial Services Ltd and US-based BlackRock, on Monday announced the appointment of its executive leadership team to drive operations.

1 mins

Tata Motors to Pour $4 Bn Over 5 Years

Tata Motors plans to invest up to ₹35,000 crore ($4.1 billion) over the next five years, aiming to cement its position as the nation's top electric vehicle (EV) maker amid rising competition and a push to adopt clean cars.

1 mins

Krutrim to Launch 'Kruti' This Week

La group's artificial intelligence (AI) company Krutrim is likely to launch its own agentic AI assistant 'Kruti' later this week.

1 mins

SBI Pays ₹8,076.8 Cr Dividend to Govt

The country's biggest lender State Bank of India (SBI) on Monday paid a dividend of ₹8,076.84 crore to the government for the financial year 2024-25.

1 mins

Crypto funds' assets hit record high

Assets held in crypto funds hit a record high in May as easing trade tensions lifted risk appetite and some investors used the digital currencies to hedge against market volatility and diversify from their US holdings.

1 mins

Consumption to drive Indian stocks

Julius Baer Group is expecting Indian stocks to hit a new high in the second half of the fiscal, as domestic consumption recovers.

1 mins

Little Caesars Eyes India Expansion

U.S. pizza chain Little Caesars is planning to open dozens of stores in India over the coming years, aiming to capitalize on the nation's robust economic growth, an executive told Reuters.

1 mins

Mihir Rale joins Cyril Amarchand

Top-tier law firm Cyril Amarchand Mangaldas (CAM) has appointed Mihir Rale as partner and co-head of its newly consolidated Digital+ practice.

1 mins

163 Cases of XFG Detected in India

About 163 cases of the newly emerging COVID-19 variant XFG have been detected in India so far, according to Indian SARS-CoV-2 Genomics Consortium (INSACOG) data.

1 mins

Expect heavy to very heavy rains in south peninsular India: IMD

A fresh spell of heavy rainfall is expected in southern India as the southwest monsoon is likely to be active during 12-15 June, said India Meteorological Department (IMD) on Monday.

1 mins

Warner Bros. Plans to Split Streaming, Cable TV Businesses

Move unwinds much of the 2022 merger that combined WarnerMedia and Discovery

1 mins

Have FMCG Stocks Turned the Corner?

Above-normal monsoon, falling inflation and tax cuts bode well for consumer companies in FY26

8 mins

How this family packed food, fun and Fuji into a ₹5.5 lakh Japan trip

A 12-day family trip to Tokyo, Kyoto, Osaka and some of Japan's lesser-known cultural spots—all on a budget

4 mins

The 4% Rule: Risks of an All-Equity Retirement Folio

Retirees are often drawn to a tempting idea: since equities tend to deliver higher long-term returns, holding more of them in a retirement portfolio should improve outcomes.

2 mins

Evaluate life-cycle costs for the Navy's big acquisitions

Let's revise our cost calculus to indigenize equipment for warships and accelerate naval upgradation

3 mins

AI at the front line: Technology is reshaping defence strategies

India has shown impressive AI capabilities in battle but must now adopt a new strategic paradigm

3 mins

Musk versus Trump: A case of mutually assured destruction

Their falling out has been chaotic and both will end up worse off

3 mins

How AI May Beat Quantum Computing at Its Own Game

AI Has Shown It Can Imperfectly But Acceptably Do Much That Was Envisioned for Quantum Computers

3 mins

The Poverty Line Has Moved, But Have Basic Vulnerabilities Eased?

India's battle against deprivation won't end so long as access disparities, relative poverty and regional inequalities persist

4 mins

Indian women are high on stress, low on AMH

Women who are struggling to conceive, have irregular periods, or planning to delay pregnancy should get an AMH test

4 mins

Watch Reels and Shorts for fun, not health advice

Social media sites have been found to peddle dubious medical advice

2 mins

The 10-minute service will mess with people's health

From quick commerce's impact on our diets to collective action for clean air, there's a lot on Luke Coutinho's mind

3 mins

सभी कहानियाँ पढ़ें Mint Kolkata

Mint Kolkata Description:

प्रकाशक: HT-Digital-Streams-Ltd.

वर्ग: Newspaper

भाषा: English

आवृत्ति: Daily

The business newspaper “Mint” published by one of the leading media houses of India, Hindustan Times, in association with Wall Street Journal. It aims to connect India to the world and the world to India in terms of business, economy, regulation and policies...