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Mint Kolkata

Evergrande Delists in Hong Kong

China Evergrande Group was kicked off the Hong Kong stock exchange on Monday in one of the largest delistings by market value and volume in recent years and marking an end to what's been a tumultuous boom-and-bust saga for investors.

1 min  |

August 26, 2025

Mint Kolkata

Hudco Plans to Raise ₹3,000 Cr via NCDs

Housing and Urban Development Corporation Limited (Hudco) plans to raise up to ₹3,000 crore by issuing non-convertible debentures (NCDs).

1 min  |

August 26, 2025

Mint Kolkata

Tynor Revives Stake Sale Plan With ₹4,000 Crore Valuation

Promoters and Lighthouse Funds Looking to Sell About 60% in Orthopaedic Product Maker

2 min  |

August 26, 2025

Mint Kolkata

Gaming ban could deal $1 bn blow to ads

The Centre's decision to ban real-money gaming apps, now formally enshrined into law, could dent India's advertising industry by over $1 billion annually over multiple years.

2 min  |

August 26, 2025

Mint Kolkata

Trump's Pressure Campaign on the Fed Casts Shadow Over Jackson Hole Gathering

President's attempts to control monetary policy was a dominant, yet unspoken theme

5 min  |

August 26, 2025

Mint Kolkata

AI Cracking the IIT Entrance Test Is a Giant Leap for Machine-Kind

AI has leapt beyond mimicking patterns and can now be used in fields where reasoning is crucial

3 min  |

August 26, 2025

Mint Kolkata

Higher Perquisite Limits: How They Change Taxation

The changes ease tax burden for mid-income earners, provide more clarity for employers

2 min  |

August 26, 2025

Mint Kolkata

UIV eyes greenshoe option for Fund III

Early-stage deeptech investor Unicorn India Ventures (UIV) is likely to exercise the greenshoe option for its ₹1,000 crore third fund, bumping the size of the fund to ₹1,200 crore, according to the firm's founder.

2 min  |

August 26, 2025

Mint Kolkata

India to tap Amazon, Flipkart data for inflation revamp

India will start sourcing price data directly from e-commerce giants including Amazon and Walmart-owned Flipkart to overhaul its benchmark inflation gauge, aiming to capture shifting consumption habits and address concerns that current data is outdated, the head of the statistics ministry said.

1 min  |

August 26, 2025

Mint Kolkata

Rajiv Anand Takes Charge of IndusInd

Veteran banker Rajiv Anand has taken charge as IndusInd Bank's chief executive officer (CEO) and managing director (MD), effective 25 August, 2025, for a three-year term, the beleaguered bank said in an exchange filing on Monday.

1 min  |

August 26, 2025

Mint Kolkata

Appetite rising for continuation deals, says TPG NewQuest

A continuation vehicle helps investors hold on to successful portfolio companies, or trophy assets

1 min  |

August 26, 2025

Mint Kolkata

Not considering monetizing edu in India yet: OpenAI VP

Firm is in talks with the government to expand ChatGPT's role in India's education system

2 min  |

August 26, 2025

Mint Kolkata

China's rally sparks bubble fears

China's economy is being strained by US tariffs and a property crisis, yet stocks are extending their bull run—a disconnect that's stirring doubts on the rally's staying power.

1 min  |

August 26, 2025

Mint Kolkata

Lemon Tree Hotels stock show hinges on a costly makeover

Patchy progress

1 min  |

August 26, 2025

Mint Kolkata

Uniqlo India eyes ₹3,000 crore sales

Retail firm Uniqlo India is looking for nearly a three-fold increase in sales to ₹3,000 crore in next 2-3 years, led by expansion of its sales network, rising brand awareness, and a strong uplift in its online sales.

1 min  |

August 26, 2025

Mint Kolkata

Filatex bets on polyester recycling, renewables

Filatex India Ltd, one of India's largest polyester yarn manufacturers, is preparing for its next phase of growth, focussing on recycling and renewable energy, even as global trade uncertainties and domestic policy hurdles continue to weigh on the sector.

1 min  |

August 26, 2025

Mint Kolkata

As US, Europe Stall, India's IT Giants Head East for Growth

Australia, Japan, South Korea, and Philippines are among the growth targets of top IT firms

2 min  |

August 26, 2025

Mint Kolkata

India must liberate its farms and not just protect them

We should go beyond tariff protection and give farm sector reforms another go to improve its prospects

3 min  |

August 26, 2025

Mint Kolkata

Firms Prep Challenge to Gaming Ban at Karnataka HC This Week

At least five parties are planning to file an appeal against the law that banned the multi-billion-dollar industry last week, seeking recourse by citing Article 19 of the Constitution at the Karnataka High Court, three people aware of the matter said.

1 min  |

August 26, 2025

Mint Kolkata

Need new methods to make UPS attractive, says PFRDA chief

The Pension Fund Regulatory and Development Authority (PFRDA) needs to bring in fresh measures to raise enrollments under the government's Unified Pension Scheme (UPS), chairman S. Ramann said at an industry event on Monday.

1 min  |

August 26, 2025

Mint Kolkata

Fitch affirms 'BBB-' rating for India, but flags fiscal pressure

Fitch Ratings on Monday maintained India's long-term foreign currency issuer default rating at 'BBB-' with a stable outlook, citing strong growth prospects and solid external buffers, while warning that high debt and fiscal pressures continue to weigh on its credit profile.

1 min  |

August 26, 2025

Mint Kolkata

No new tax search power, SoP soon: CBDT

The move comes amid concerns from tax professionals over the law's wording on digital access

2 min  |

August 26, 2025

Mint Kolkata

India Digi-ad Market to Hit $19 Billion by 2029

India's digital advertising economy is poised for sharp expansion over the next five years, even as structural challenges threaten to temper the pace, according to Bain & Company's latest report, 'Advertising in the Digital Age, in India and Around the World'.

1 min  |

August 26, 2025

Mint Kolkata

Qatar Fund Moves HC to Seize Byju's Assets

Sovereign wealth fund is seeking enforcement of a $235 mn arbitral award

2 min  |

August 26, 2025

Mint Kolkata

AI's Big Leaps Are Slowing. That Could Be a Good Thing.

The advance of cutting-edge AI is showing signs of slowing.

4 min  |

August 26, 2025

Mint Kolkata

What Indians Earn Is a Well-Known Unknown

While an income survey is in the works, tax data offers a top view. Yes, our tax-paying base will shrink this year, but we won't lose much visibility—just some sleep over its expansion

2 min  |

August 26, 2025

Mint Kolkata

Outlook slippery for oil retailers

Cooling down Oil marketing companies may maintain their strong show in Q2FY26 given the continued softness in crude price.

2 min  |

August 26, 2025

Mint Kolkata

Tech rally shows signs of losing steam

In the coming days, the tech sector will face a key test when the world's most-valuable listed firm Nvidia reports earnings

3 min  |

August 26, 2025

Mint Kolkata

SpaceX Postpones Starship Test Flight

Elon Musk's SpaceX on Sunday called off the launch of Starship's tenth mission from Texas over an issue at its launch site, delaying an attempt to achieve several long-sought development milestones missed due to past tests ending in early failures.

1 min  |

August 26, 2025

Mint Kolkata

Hedge Funds Favor Green Energy Over Oil

Hedge funds are betting against oil stocks, and winding back shorts on solar in a reversal of positions that dominated energy strategies over the past four years.

1 min  |

August 26, 2025