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Reliance buys 1 mn barrels of crude from Kuwait's KPC

Mint Ahmedabad

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November 19, 2025

India’s Reliance has purchased 1 million barrels of heavy crude from Kuwait Petroleum Corp via a tender, four traders familiar with the matter said.

Last week, KPC issued a tender to sell crude oil that the Al-Zour refinery is unable to process because of unplanned maintenance after a fire.

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Mint Ahmedabad

Adobe nears $1.9 billion deal to buy Semrush

Adobe Inc. is nearing a deal to buy the marketing software company Semrush Holdings Inc. for $1.9 billion, The Wall Street Journal reported, a takeover that would mark its first since the failed $20 billion acquisition of Figma Inc. in 2022.

time to read

1 min

November 20, 2025

Mint Ahmedabad

Mint Ahmedabad

RP-Sanjiv Goenka enters luxe fashion with FSP stake buy

PSG Ventures Ltd, part of the RP-Sanjiv Goenka Group, on Wednesday approved the acquisition of a 40% stake in FSP Design Pvt. Ltd, the company behind the luxury fashion label Falguni Shane Peacock (FSP), is marking its formal entry into India’s luxury apparel and lifestyle market.

time to read

1 mins

November 20, 2025

Mint Ahmedabad

India Inc's rural engine sputters in Q2

rural-linked firms grew slower than the rest of India Inc (comprising 2,753 companies), which posted a 6% revenue expansion in Q2.

time to read

2 mins

November 20, 2025

Mint Ahmedabad

Siemens must reignite growth

Siemens India Ltd’s stock is down 7% in this year so far, sharply underperforming the S&P BSE Capital Goods index, which continues to deliver positive returns. A sluggish revival in private capital expenditure and muted government spending have weighed on sentiment.

time to read

2 mins

November 20, 2025

Mint Ahmedabad

India seeks vessels to ship West Asia crude

A surge in bookings for oil tankers to bring cargoes from West Asia to India points to higher import flows ahead, as sanctions on major Russian producers force the South Asian importer to seek alternatives.

time to read

1 min

November 20, 2025

Mint Ahmedabad

OIL, Total partner for ultra-deep exploration

State-run Oil India Ltd (OIL) and French energy major TotalEnergies have joined hands to explore deep and ultra-deepwater offshore basins in the country.

time to read

1 min

November 20, 2025

Mint Ahmedabad

Meta's big court win

Social media major Meta has won big relief as a US judge ruled in its favour in an antitrust case filed by the US Federal Trade Commission (FTC) that could have forced it to spin off Instagram and WhatsApp.

time to read

1 min

November 20, 2025

Mint Ahmedabad

Mint Ahmedabad

Fractal Analytics bets heavily on R&D in AI race before IPO

Enterprise artificial intelligence firm Fractal Analytics plans to maintain high research and development (R&D) spending ahead of its market debut for which a date has not yet been set, a top executive has said.

time to read

2 mins

November 20, 2025

Mint Ahmedabad

Govt may widen PMJJBY, PMSBY cover

The Centre may allow individuals to raise the insurance cover under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) from ₹2 lakh to up to ₹5 lakh by paying a higher premium, according to two people in the know.

time to read

1 mins

November 20, 2025

Mint Ahmedabad

Child deaths trigger move to end unlicensed cough syrup sales in villages

India’s apex drug regulator is preparing to tighten rural drug sales by revoking the “household remedy” exemption for cough syrups in villages and remote areas, according to three government officials and a document reviewed by Mint.

time to read

2 mins

November 20, 2025

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