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Mint Chennai

Mint Chennai

Romancing the chatbot, in the age of AI

Director-writer Spike Jonze's 2013 sci-film Her, coincidentally set in 2025, depicts a gentle but doomed romance between a lonely writer Theodore and his personal operating system Samantha.

2 min  |

February 14, 2025
Mint Chennai

Mint Chennai

Draft bill sets stage for entry of foreign law firms into India

Proposed changes give Centre overriding powers over Bar Council of India; restrict strikes

2 min  |

February 14, 2025

Mint Chennai

GST Council weighs rate rejig to lift consumption

Council may drop 12% slab, shift several items to 5%, and others to 18%

3 min  |

February 14, 2025

Mint Chennai

Leyland's margin run may go on

Shares of Ashok Leyland Ltd closed nearly 8% higher on Wednesday, as investors cheered the company's robust margin performance in the December quarter (Q3FY25).

2 min  |

February 14, 2025
Mint Chennai

Mint Chennai

Interim REL chief to replace Saluja

An 18-month public spat over control of Religare Enterprises Ltd (REL) finally ended on Thursday with the company confirming chairperson Rashmi Saluja's ouster and the appointment of independent director Praveen Kumar Tripathi as interim chairman.

2 min  |

February 14, 2025
Mint Chennai

Mint Chennai

Pristyn Care grapples with exits, cash crunch

The firm became a unicorn in 2021 after raising $100 million in Series E

2 min  |

February 14, 2025
Mint Chennai

Mint Chennai

Cash crunch at AGS hits banks' ATM ops

A cash crunch at India's second-largest ATM manager AGS Transact has begun to impact cash dispensers of some of India's top domestic banks, after sparking defaults on bank loans, statutory payments and staff salaries.

1 min  |

February 14, 2025

Mint Chennai

Bullish or bearish? Mint tests market mood

Stocks have taken a sharp fall, tumbling 12% since their September peak.

2 min  |

February 14, 2025

Mint Chennai

IFC Invests in India's 1st Sustainable Road Bond

International Finance Corporation (IFC), the private sector arm of the World Bank, has invested ₹860 crore ($98.35 million) in India's first sustainability-linked bond (SLB) issue in the highways sector.

1 min  |

February 14, 2025
Mint Chennai

Mint Chennai

Canva aims to democratize design: Co-founder Adams

The company sees significant growth potential in India, its fourth-largest market

2 min  |

February 14, 2025

Mint Chennai

Fantasy sports may see 10% revenue dip

Fantasy sports in India may be in for a rough season. The industry may see a 10% year-on-year decline in revenue for FY25 amid the changes in tax policy, according to Deloitte India and the Federation of Indian Fantasy Sports.

1 min  |

February 14, 2025

Mint Chennai

FY26 to see drop in road execution

The execution of road construction by the ministry of road transport and highways (MoRTH) will decline by 5% in fiscal year 2026 (FY26) to 9,500-10,000km from the estimated road construction of 10,000-10,500km in FY25, ratings agency Icra said in a report.

1 min  |

February 14, 2025

Mint Chennai

Tax relief in budget for middle class, not rich: FM

Finance minister Nirmala Sitharaman on Thursday defended the tax relief measures in the Budget, emphasizing that they primarily benefit middle-income earners.

1 min  |

February 14, 2025

Mint Chennai

TaMo confident of EV leadership

Tata Motors will maintain its leadership in the electric cars segment of India's automobile market, and is not perturbed by launches by other carmakers, managing director Shailesh Chandra said on Thursday.

1 min  |

February 14, 2025

Mint Chennai

Imagicaaworld to raise ₹345 crore

The board of Imagicaaworld Entertainment Ltd, an amusement and water park operator owned by Maharashtra-based Malpani Group, has approved a proposal to raise ₹345 crore through a preferential issue of a mix of equity and warrants at ₹73.50 apiece.

1 min  |

February 14, 2025

Mint Chennai

Income tax bill tabled; FM seeks review by LS panel

Legislation gives priority to simplicity, clarity, reduction in litigation arising from complexity

2 min  |

February 14, 2025

Mint Chennai

Domestic demand saves the day for SAIL in Dec quarter

Steel Authority of India Ltd's (SAIL) shares have risen 9% in the past two trading days as the Q3FY25 results did not disappoint in an otherwise weak market for metal stocks.

1 min  |

February 14, 2025
Mint Chennai

Mint Chennai

SC extends Danny Gaekwad's Religare bid window

The Supreme Court Tuesday permitted US-based Digvijay 'Danny' Gaekwad to deposit ₹600 crore by Thursday 2 pm in an account designated by Reserve Bank of India (RBI).

1 min  |

February 13, 2025
Mint Chennai

Mint Chennai

Elon Musk defends cost-cutting efforts in Oval Office appearance

Trump signed an executive order giving DOGE more authority to reduce the size of the federal workforce

4 min  |

February 13, 2025
Mint Chennai

Mint Chennai

India May Pause E-comm Policy as Trump's Entry Spurs Caution

India's proposed comprehensive e-commerce policy that has drawn strong interest from global entities such as Amazon and Walmart may be put on the back-burner, two people aware of the matter said, as countries pause and reassess priorities in the wake of an eventful regime change in the US.

2 min  |

February 13, 2025
Mint Chennai

Mint Chennai

US court puts on hold trial in Cognizant-L&T bribery case

Move follows US prez's executive order halting enforcement of Foreign Corrupt Practices Act

2 min  |

February 13, 2025

Mint Chennai

America's Most Famous Stock-Market Measure Is More Broken Than Usual

The Dow has always been flawed, but it held on to its status as the iconic gauge of American stocks because a mix of luck and design meant it mostly matched the broader market. No longer.

2 min  |

February 13, 2025
Mint Chennai

Mint Chennai

Market meltdown may shrink startup IPOs and valuations

More than two dozen startups may go public in the coming months, including potential billion-dollar issues

2 min  |

February 13, 2025
Mint Chennai

Mint Chennai

Fake Drug Crackdown May Net Chemists, Wholesalers

In the battle against fake drugs, chemists and wholesalers have always been spared the whip. May be not for long.

3 min  |

February 13, 2025
Mint Chennai

Mint Chennai

Business schools see placements pick up this year

After a tough placement season in 2024, India's leading business schools are looking at sunnier days this year around.

3 min  |

February 13, 2025

Mint Chennai

Why ID Fresh Needs A Pinch Of Yeast

The idli-dosa batter maker is looking to rise beyond its flagship product

7 min  |

February 13, 2025
Mint Chennai

Mint Chennai

MF investors pivot to safety of large-cap stocks

So far this month, Nifty and Sensex are down 2% each, while small- and mid-caps have both lost about 6%

1 min  |

February 13, 2025

Mint Chennai

NIIF Plans $2 Billion Pvt Credit Venture

India's quasi-sovereign fund is looking to raise as much as $2 billion in its latest private credit fund, chief executive officer Sanjiv Aggarwal said Wednesday, amid rising investor demand for high-yielding debt.

1 min  |

February 13, 2025
Mint Chennai

Mint Chennai

I Recently Received a ₹50 Lakh Windfall. How Should I Invest It?

I'm 40 and received a ₹50 lakh windfall. My portfolio is 60% equity mutual funds, with gold and FDs. Should I invest in real estate for diversification with a 15-year horizon, given my retirement and children's education goals? How can I balance risk, returns, and liquidity, and what tax-efficient options should I consider? Should I adjust my portfolio and review it regularly? - Name withheld on request A ₹50-lakh windfall offers a valuable opportunity to reassess your financial strategy, particularly in the context of retirement planning and funding your children's education over the next 8–15 years.

1 min  |

February 13, 2025
Mint Chennai

Mint Chennai

Greenpac's review plea in HNGIL case

Sanitary ware and glass container manufacturer AGI Greenpac sought a review of the Supreme Court's January ruling that quashed the approval of AGI's resolution plan for the bankrupt Hindusthan National Glass & Industries Ltd (HNGIL), citing failure to get prior permission from the Competition Commission of India (CCI).

1 min  |

February 13, 2025

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