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Mint Chennai

OpenAI in talks for $500 bn share sale

OpenAI is in early talks about a potential sale of stock for current and former employees at a valuation of about $500 billion, people briefed on the investment discussions said, marking an enormous gain in value for the artificial intelligence leader.

1 min  |

August 07, 2025

Mint Chennai

Shrimp farmers reeling under US tariffs need a lifeline

This sector's competitiveness in the US market will be hit hard but India could offer a clutch of relief measures

3 min  |

August 07, 2025

Mint Chennai

Lenders must keep 10% of loan in co-lending: RBI

In its draft framework, RBI proposed co-lending arrangements to be widened to all regulated entities

2 min  |

August 07, 2025

Mint Chennai

Sebi nod for IPOs to Prestige, 4 others

Five companies, including Prestige Hospitality Ventures and Anand Rathi Share and Stock Brokers, have received Sebi's go ahead to raise funds through initial public offerings (IPOs), an update with the markets regulator showed on Wednesday.

1 min  |

August 07, 2025

Mint Chennai

Trump Just Got a Fresh Shot at Bending the Fed to His Will

Biden appointee exit offers president potential help on interest rates—and way to make life hard for Chair Powell

5 min  |

August 07, 2025

Mint Chennai

Balanced Policy That Did Not Yield a Rate Cut

The surprise was RBI's 4.9% inflation projection for the first quarter of FY27

2 min  |

August 07, 2025

Mint Chennai

Berger Paints pips peers, but earnings downgrades persist

Berger Paints India Ltd guided for high-single-digit volume growth in FY26, but the start to the year has been disappointing.

1 min  |

August 07, 2025

Mint Chennai

Nayara seeks new bank amid EU curbs

Mumbai-based oil refiner Nayara Energy Ltd, part-owned by Russian energy giant Rosneft PJSC, has asked government officials to broker a relationship with a domestic lender such as UCO Bank Ltd after EU sanctions prompted greater caution among larger banks, according to people familiar with the matter.

1 min  |

August 07, 2025

Mint Chennai

CCI probes us when new player enters mkt

The Bombay high court will hear the matter next on 7 August, when CCI will conclude its arguments

1 min  |

August 07, 2025

Mint Chennai

Kwality Wall's to be demerged, listed this fiscal year: HUL CFO

The demerger process has received preliminary nod; a shareholders' meet is to be held on 12 August

3 min  |

August 07, 2025

Mint Chennai

Singapore's First K-Pop Academy Trains New Idols

For years, South Korea's idol training system was run almost entirely out of Seoul

2 min  |

August 07, 2025

Mint Chennai

Overall financial flows to firms jumped in FY25: RBI

Financial resources to the commercial sector rose from ₹33.9 tn in FY24 to ₹34.8 tn FY25

2 min  |

August 07, 2025

Mint Chennai

Airbus appoints Jürgen as India prez

Airbus has appointed Jürgen Westermeier as the president and managing director for India and South Asia.

1 min  |

August 07, 2025

Mint Chennai

Elevation Lines Up 9 Portfolio Cos for IPO

Elevation Capital plans to take at least nine portfolio companies public over the next 12–24 months, as it gears up to monetize its portfolio amid improving public market conditions for tech and consumer startups in India, a top executive told Mint.

2 min  |

August 07, 2025

Mint Chennai

E-way bills hit record high in July on robust demand

Logistics surge

1 min  |

August 07, 2025

Mint Chennai

Disney Sees Loss From Reliance JV in India

Media and entertainment conglomerate Walt Disney Company has projected an equity loss of approximately $200 million for the year ended September from its India joint venture with Reliance Industries Ltd, primarily driven by purchase accounting amortization, suggesting that integration costs or performance issues remain in the country.

1 min  |

August 07, 2025

Mint Chennai

Seeking Out the Finest Egg Coffee Across Vietnam

Egg coffee, born out of wartime scarcity, is now a Vietnamese cult favourite. Here's where to find the real deal

3 min  |

August 07, 2025

Mint Chennai

Antfin to exit Eternal in $612 mn block deal

Antfin Singapore Holding Pte. Ltd, a unit of China's Alibaba Group, will sell its entire 1.95% stake in food and grocery delivery firm Eternal Ltd (formerly Zomato) in a block deal worth $612 million, days after exiting financial services firm Paytm.

1 min  |

August 07, 2025

Mint Chennai

Michael Douglas and the Confused American Man

Crispin's book never loses its sense of playfulness as it wades through the filmography of Michael Douglas

3 min  |

August 07, 2025

Mint Chennai

Air India taps SIA to bolster MRO ops

Air India plans to lean on shareholder Singapore Airlines, or SIA, to move some aircraft maintenance services in-house instead of outsourcing them to state-owned AI Engineering Services Ltd (AIESL), according to people familiar with the matter.

1 min  |

August 07, 2025

Mint Chennai

JSW Cement IPO: A green challenger

The ₹3,600 crore initial public offering isn't built on claims of being the biggest—but possibly the greenest

2 min  |

August 07, 2025

Mint Chennai

India seeks to draw on Quad, IPEF ties for edge in US talks

Strategy shift comes ahead of Quad meet later this year even as Trump hikes tariffs to 50%

2 min  |

August 07, 2025

Mint Chennai

Rural job demand falls sharply as monsoon pulls workers back to farms

Demand for rural jobs under India's flagship public employment programme fell to a 10-month low in July as the onset of the monsoon season pulled millions of workers back to the fields, suggesting both seasonal shifts and early signs of rural economic resilience.

1 min  |

August 07, 2025

Mint Chennai

PVR INOX Q1 loss narrows to ₹54.5 cr

Cinema exhibitor PVR INOX Ltd on Wednesday reported a narrowing of consolidated loss after tax to ₹54.5 crore in the first quarter ended 30 June, on the back of good content movies driving up footfall and revenue growth.

1 min  |

August 07, 2025

Mint Chennai

Kaizen in school: Small changes could have an enormous impact

Amazing outcomes can be achieved through tiny improvements by people dedicated to education

3 min  |

August 07, 2025

Mint Chennai

India and Russia ink rail-to-rare earths pact

India and Russia on Wednesday signed a new protocol to boost industrial cooperation across key sectors such as aluminum, fertilizers, railways and mining technologies, deepening ties even as geopolitical tensions reshape global trade alignments.

1 min  |

August 07, 2025

Mint Chennai

Trent's Q1 revenue grows 19% led by Zudio, Westside

The company's store count fell by 48 q-o-q to 1,043 as of 30 June, due to consolidation across formats

2 min  |

August 07, 2025

Mint Chennai

Bajaj Auto's EV Output Slumps 50% in July

Co turns to light magnets to recover from dip caused by rare earths crisis

2 min  |

August 07, 2025

Mint Chennai

Nayara ships first fuel since sanctions

Russia-backed Indian refiner Nayara Energy has exported its first gasoline cargo since the privately-owned company was sanctioned by the European Union on 18 July, according to four shipping sources and LSEG data.

1 min  |

August 06, 2025

Mint Chennai

A New Game for Bibliophiles to Live a Dream

Three top video games releasing in August promise new worlds

1 min  |

August 06, 2025