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Mint Kolkata

Ather Bets Tech, Not Scale, Will Push Up Profit Margins

CEO says value engineering, process optimization, technology can improve cost structure

2 min  |

July 11, 2025

Mint Kolkata

Jun Retail Inflation Likely to Decline Further: Mint Poll

Food inflation, which constitutes nearly 40% of the CPI basket, was extremely high in May and June last year

1 min  |

July 11, 2025

Mint Kolkata

Don't Misrepresent World Bank Estimates to Show Low Inequality

An urge to show progress must neither use faulty comparisons nor gloss over the realities of India

3 min  |

July 11, 2025

Mint Kolkata

Chargebee boosts India focus

Chargebee is valued at $3.5 bn after a $250 mn Series H round in 2022, co-led by Tiger Global and Sequoia

2 min  |

July 11, 2025

Mint Kolkata

Amazon q-comm biz to surge: CEO

Online marketplace Amazon India on Thursday said it will expand its quick commerce service pan-India following a soft launch in Bengaluru.

1 min  |

July 11, 2025

Mint Kolkata

Glenmark unit to license cancer drug to Abbvie for $700 million

A unit of Glenmark Pharmaceuticals Ltd., Ichnos Glenmark Innovation, has entered into a pact with AbbVie Inc. to license its under-development multiple myeloma drug for an upfront payment of $700 million.

1 min  |

July 11, 2025

Mint Kolkata

Mahindra, Minda Eye Local Magnet Production

Indian auto company Mahindra & Mahindra (M&M) and parts maker Uno Minda are looking to make rare earth magnets locally to cut reliance on China, as New Delhi draws up incentives for production of the critical components, people aware of the matter told Reuters.

1 min  |

July 11, 2025

Mint Kolkata

Uber Shuttle service shut in Mumbai, Hyd

Uber has shut down its Shuttle bus services in Mumbai and Hyderabad, prompted by low ridership and steep operational costs, people familiar with the development told Mint.

1 min  |

July 11, 2025

Mint Kolkata

One way to win Donald Trump over: Nominate him for the Nobel Prize

African leaders tell the president during a meeting at the White House that he should win the prestigious award

4 min  |

July 11, 2025

Mint Kolkata

Sebi vs Jane Street: Market crackdown sparks face-off

Experts believe Jane Street could counter Sebi's allegations with transparent trading logic and data

2 min  |

July 11, 2025

Mint Kolkata

Fi Money Shuts Some Features, Lays Off Staff in a Bid to Stay Afloat

In 2023, Fi Money Had Laid Off Around 10% of Its Staff in an Effort to Extend Its Cash Runway to Two Years

2 min  |

July 11, 2025

Mint Kolkata

Tata Elxsi Misses Q1 Profit Expectations

Engineering and technology services firm Tata Elxsi reported a smaller-than-expected first-quarter profit on Thursday.

1 min  |

July 11, 2025

Mint Kolkata

JPMorgan May Trim China, India Share in EM Index

JPMorgan Chase & Co. is considering cutting the weight of the largest bond issuers in its flagship emerging-market index—including China and India—as it seeks to reflect a broader range of developing-nation debt.

1 min  |

July 11, 2025

Mint Kolkata

IDBI Bank stake sale likely by October

The strategic sale of IDBI Bank is likely to be concluded by October and the government has discussed the share purchase agreement, which will be given to bidders putting in financial bids, an official has said.

1 min  |

July 11, 2025

Mint Kolkata

Nvidia Becomes First $4-tn Company

Nvidia notched a market capitalization of $4 trillion on Wednesday, making it the first public company in the world to reach the milestone and solidifying its position as one of Wall Street's most-favoured stocks.

1 min  |

July 10, 2025

Mint Kolkata

Korea's Krafton in India gaming boost

South Korean gaming giant Krafton—the name behind popular esports title Battlegrounds Mobile India (BGMI)—sees India as one of its most critical markets, with the country ranking among the top five globally for Krafton's revenue and within the top three in terms of user numbers.

1 min  |

July 10, 2025

Mint Kolkata

Travel Food IPO fully subscribed

Indian airport restaurant and lounge operator Travel Food Services’ $234 million initial public offering (IPO) was hauled over the finish line on Wednesday by institutional investors as risk-averse retail investors shied away amid US trade deal concerns.

1 min  |

July 10, 2025

Mint Kolkata

Curate your portfolio like the Great Indian Thali

WHEN TO REBALANCE SCHEDULED REBALANCING: Schedule a reminder for reviewing and adjusting your portfolio once or twice a year. DEVIATION-BASED REBALANCING: You can also watch for major shifts in your portfolio, like a 5–10 per cent change from your target allocation, to revisit your allocations. For instance, if equities were supposed to comprise 60 per cent but now make up 70 per cent of your portfolio, thanks to market growth, it might be a good time to hit reset. LIFE EVENTS: Big milestones like getting married, buying a house, having kids, or planning retirement can shake up your financial priorities.

4 min  |

July 10, 2025

Mint Kolkata

Retail Funds in GIFT City: What Investors Must Know About Tax Implications

A new global gateway has opened for Indian retail investors.

3 min  |

July 10, 2025

Mint Kolkata

Trump Delayed Reciprocal Tariffs After Bessent Wanted More Time on Deals

President Trump also decided to send out letters as a way to keep the pressure up

4 min  |

July 10, 2025

Mint Kolkata

Apple's Longtime Operations Chief Jeff Williams to Retire in Major Changing of Guard

Williams Has Been Cook's Top Deputy, Leading the Company's Supply Chain, Engineering for the Apple Watch

3 min  |

July 10, 2025

Mint Kolkata

Letting AI do our thinking will wreck the purpose of education

Educators must use AI sparingly and only when it doesn't harm the process and goals of education

3 min  |

July 10, 2025

Mint Kolkata

Watch the 'Masala' Pinch of a Trade Deal with America

As time ticks away for a pact on trade, India should resist getting caught in Trump's tariff trap

4 min  |

July 10, 2025

Mint Kolkata

Smartworks targets ₹600 crore via IPO

Smartworks Coworking Spaces will hit the capital market on 10 July to launch its initial public offer (IPO) for raising nearly ₹600 crore as the company intends to expand its business and reduce debt.

1 min  |

July 10, 2025

Mint Kolkata

Health ministry to procure 50 portable 'cube' hospitals

Cubes were used in Kashmir to treat the injured during the conflict with Pakistan

1 min  |

July 10, 2025

Mint Kolkata

Hedge fund tools key to active managers' survival

Active investment managers have no option but to adopt hedge fund strategies to counter the migration to low cost passively run portfolios, said an outperforming asset manager.

1 min  |

July 10, 2025

Mint Kolkata

Jane Street: Gaming an outdated system is not necessarily illegal

The case is a reminder to reform India's market regulation and surveillance with clear red lines set for what violates the rules

4 min  |

July 10, 2025

Mint Kolkata

Nobody can glower America's interest rates into submission

The administration should focus instead on pragmatic solutions

3 min  |

July 10, 2025

Mint Kolkata

How Ananth Narayanan Plans To Reshape BRND.ME

The brand aggregator's growth has cooled. A turnaround plan is in the works

7 min  |

July 10, 2025

Mint Kolkata

Two Kevins Battle to Be Next Fed Chair in Trump's 'Apprentice'-Style Contest

Kevin Hassett has emerged as a contender to succeed Jerome Powell, posing a possible threat to Kevin Warsh

5 min  |

July 10, 2025