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Mint Mumbai

Mint Mumbai

A deal took shape over three months of intense negotiations

India’s second-biggest overseas acquisition was stitched together over three months of near-daily negotiations between the bidder, the seller and their bankers, said a banker aware of the details behind the transaction.

2 min  |

April 28, 2026
Mint Mumbai

Mint Mumbai

India wins $20 bn investment pledge with New Zealand FTA

Commerce and industry minister Piyush Goyal on Monday said the India-New Zealand free trade agreement (FTA) carries a $20 billion investment commitment from Wellington, signalling confidence in India's growth story.

3 min  |

April 28, 2026

Mint Mumbai

Isro arm ups satellite data rates after 10 yrs amid demand shift

NewSpace India Ltd (NSIL), the commercial arm of Indian Space Research Organisation (Isro), has raised satellite bandwidth prices by 20%, effective 1 April, marking its first revision in a decade and signalling a reset in how scarce orbital capacity is priced amid shifting demand.

2 min  |

April 28, 2026

Mint Mumbai

Fractured world: how vulnerable is India's economy?

The global economy is being stress-tested by a war-driven commodity shock, persistent uncertainty and a rewiring of global trade, as noted by the International Monetary Fund's (IMF) latest World Economic Outlook.

3 min  |

April 28, 2026

Mint Mumbai

India sets standards for offshore turbines

The Bureau of Indian Standards (BIS) has notified new design requirements for offshore wind turbines, blades, and tower and foundation structures, in line with International Electrotechnical Commission (IEC) standards, according to two government officials aware of the development.

1 min  |

April 28, 2026
Mint Mumbai

Mint Mumbai

Upskilling firms pivot to no-code as AI reshapes learning

The rise of artificial intelligence-powered selflearning tools is forcing India’s upskilling companies to redesign their programmes to attract a broader, non-technical learner base.

2 min  |

April 28, 2026

Mint Mumbai

Iran offers to reopen Strait of Hormuz if US lifts blockade

Iran has offered to end its chokehold on the Strait of Hormuz in exchange for the US lifting its blockade on the country and an end to the war, while proposing that discussions on the larger question of its nuclear program would come in a later phase, two regional officials said Monday.

2 min  |

April 28, 2026

Mint Mumbai

Sun Pharma acquires Organon: growth engine or debt trap?

With its $11.75 billion acquisition of Organon, Sun Pharmaceutical has embarked on one ofthe most ambitious overseas expansions by an Indian pharma firm.

1 min  |

April 28, 2026

Mint Mumbai

Dhurandhar 2's box office success gives hope for more such films

With Dhurandhar: The Revenge crossing the ₹1,000 crore mark at the domestic box office—becoming the first Hindi film to do so—industry watchers believe India’s theatrical potential could stretch to ₹1,200-1,500 crore for the right film.

2 min  |

April 28, 2026
Mint Mumbai

Mint Mumbai

AI splurge is costing Big Tech its workforce

Tech companies are rushing to trade their people for more chips.

4 min  |

April 28, 2026
Mint Mumbai

Mint Mumbai

Investors dive back into frontier markets

Investors are piling back into some of the riskiest markets, as demand for frontier assets picks up after an initial war-driven selloff.

2 min  |

April 28, 2026
Mint Mumbai

Mint Mumbai

Bruised by Trump, Nato alliance considers end to annual summits

Nato is considering ending its recent practice of holding annual summits, six officials familiar with the matter said, a move that could avoid a potential tense encounter with US President Donald Trump in his final year in office.

2 min  |

April 28, 2026
Mint Mumbai

Mint Mumbai

RBI firm on loan loss transition deadline

The Reserve Bank of India (RBI) on Monday said it has rejected lenders’ demand for more time to transition to the expected credit loss (ECL) framework mandate.

2 min  |

April 28, 2026
Mint Mumbai

Mint Mumbai

Tax: early home sale, TRC delays explained

I sold a house in February 2025, claimed capital gains exemption, and had bought another house.

2 min  |

April 28, 2026

Mint Mumbai

Mobikwik expects margin boost after RBI's NBFC nod

One MobiKwik Systems Ltd expects to see margins improve after the Reserve Bank of India approved its application for a non-banking financial company (NBFO) licence, the company’s top executive told Mint.

1 min  |

April 28, 2026
Mint Mumbai

Mint Mumbai

Elon Musk is an underdog in his $180 billion fight against OpenAI

As Elon Musk’s trial against OpenAl begins this week, legal experts and prediction markets agree that he will enter the Oakland federal courthouse as an underdog.

4 min  |

April 28, 2026

Mint Mumbai

NBFCs may reflect monsoon stress early

Returns (in %) of indices in deficient or below-normal monsoon years.

2 min  |

April 28, 2026

Mint Mumbai

Banks must report offshore rupee trades

The Reserve Bank of India (RBI) has asked banks to report all overseas foreign exchange derivatives transactions involving the Indian rupee undertaken by their related entities, as it aims to improve price discovery, enhance transparency, and curb speculative activity.

1 min  |

April 28, 2026

Mint Mumbai

Has the aluminium rally hit melting point?

Investors who timed the metal rally well seem to have made quick gains, specially in aluminium stocks.

3 min  |

April 28, 2026

Mint Mumbai

China blocks Meta's $2 billion acquisition of Al firm Manus

China has decided to block Meta Platforms Inc.'s $2 billion acquisition of agentic AI startup Manus, making a surprise move to unwind a controversial deal that's drawn fire for the leakage of technology to the US.

1 min  |

April 28, 2026

Mint Mumbai

JSW Infra eyes 8k cr from share sale

Ports operator JSW Infrastructure Ltd. is preparing to raise as much as ₹8,000 crore ($850 million) through a share sale to institutional investors as soon as next month, according to people familiar with the matter.

1 min  |

April 28, 2026
Mint Mumbai

Mint Mumbai

Cafés move beyond coffee. Experience is the new draw

India’s café chains are moving beyond coffee-centric formats into desserts, hybrid menus and experience-led stores, as operators look to lift engagement and average spending amid rising profitability pressures.

2 min  |

April 28, 2026

Mint Mumbai

Bajaj Housing Fin posts 14% profit rise

Indian non-bank lender Bajaj Housing Finance reported a 14% rise in quarterly profit on Monday, as strong loan growth helped offset narrowing margins competition in the home-loan market intensifying.

1 min  |

April 28, 2026
Mint Mumbai

Mint Mumbai

IT cos ditch low-margin deals as AI hurts revenue streams

This shift prioritizes profitability over market share amid uncertain global spending.

3 min  |

April 28, 2026

Mint Mumbai

Nvidia unit leases office space in Bengaluru

Nvidia’s Indian arm has leased a 760,000 sq. ft office space in Bengaluru’s Bagmane Capital, as global tech giants expand their AI research and development presence in the country.

1 min  |

April 28, 2026

Mint Mumbai

Varun Bev has half year's input stock

Varun Beverages says the inventory will cushion firm against near-term disruptions.

1 min  |

April 28, 2026

Mint Mumbai

NPA fall boosts SBI Card profit in Q4

SBI Cards and Payment Services reported a fourth-quarter profit rise on Monday, helped by improving asset quality and higher spending.

1 min  |

April 28, 2026

Mint Mumbai

RIL investors seek Jio IPO clarity

Reliance Industries Ltd's (RIL) consolidated Ebitda inched up just 0.7% yearon-year (y-0-y) to %44,141 crore in Q4FY26.

2 min  |

April 28, 2026

Mint Mumbai

HEALTH INSURANCE: 3 GOALS, | SYSTEM— BUT NO SIMPLE FIX

The impossible trinity, or trilemma, saysa country cannot havea fixed exchange rate, free capital flowsand independent monetary policy at once; it must choose two.

2 min  |

April 28, 2026
Mint Mumbai

Mint Mumbai

OpenAI breaks free from AI pact with Microsoft

The new pact is to simplify a complicated relationship.

1 min  |

April 28, 2026