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Mint New Delhi

PhonePe Said to Seek $1.5 Bn for IPO

Walmart Inc.'s PhonePe, India's largest provider of digital payments, is preparing to file preliminary documents for an initial public offering that may raise as much as $1.5 billion, according to people familiar with the matter.

1 min  |

June 24, 2025

Mint New Delhi

US Mandates Public Social Media for Student Visa Seekers

The diktat has evoked concern from data privacy experts and lawyers in India

1 min  |

June 24, 2025

Mint New Delhi

Colleagues or overlords? The debate over AI bots rages on

There's been too much fear-mongering over artificial intelligence

3 min  |

June 24, 2025

Mint New Delhi

'DeepSeek aids China's military'

Artificial Intelligence (AI) firm DeepSeek is aiding China's military and intelligence operations, a senior US official told Reuters, adding that the Chinese tech startup sought to use Southeast Asian shell companies to access high-end semiconductors that cannot be shipped to China under US rules.

1 min  |

June 24, 2025

Mint New Delhi

India's electric highway bus dreams ride on 2-minute flash charging

The ministry of road transport is preparing to pilot a new generation of luxury electric buses capable of recharging in under two minutes, with the aim of transforming long-distance public transport.

2 min  |

June 24, 2025

Mint New Delhi

Adani Starts Green Hydrogen Plant

The Adani Group commissioned India's first off-grid 5 megawatt green hydrogen pilot plant in Kutch, Gujarat, the conglomerate said in a statement on Monday.

1 min  |

June 24, 2025

Mint New Delhi

Zuckerberg Leads AI Recruitment Blitz Armed With $100 Million Packages

The smartest AI researchers and engineers have spent the past few months getting hit up by one of the richest men in the world.

4 min  |

June 24, 2025

Mint New Delhi

Warburg to sell SBI insurance stake

Warburg Pincus is in talks with Premji Invest and State Bank of India about selling them its stake of about 10% in SBI General Insurance Co., according to people familiar with the matter.

1 min  |

June 24, 2025

Mint New Delhi

The Six Miles of Water Keeping the Global Markets on Edge

Roughly 20% of the world's petroleum passes through the 20-mile-wide Strait of Hormuz

4 min  |

June 24, 2025

Mint New Delhi

Investments in real estate to fall 37%

Institutional investments in Indian real estate are estimated to decline 37% to $3.06 billion during the first half of this year on global economic uncertainties, according to real estate consultant JLL.

1 min  |

June 24, 2025

Mint New Delhi

Private Club Startups Bet on Exclusivity

As India's professionals seek more curated spaces to build valuable networks, exclusive private clubs are emerging as coveted hubs of connection and influence—and startups are taking notice.

2 min  |

June 24, 2025

Mint New Delhi

Asia warming 2x as fast as average

Asia, the largest continent in the world with around 60% of the global population, is now warming nearly twice as fast as the global average, according to a report released on Monday.

1 min  |

June 24, 2025

Mint New Delhi

Keep off the brake pedal: India's EV transition has no time to lose

Incentives and subsidies have served us well but we need clear mandates and innovative solutions designed for our market

4 min  |

June 24, 2025

Mint New Delhi

Rupee sinks 23 paise to 86.78 vs dollar

The rupee fell by 23 paise to close at a five-month low of 86.78 (provisional) against the US dollar on Monday amid a strengthening dollar and volatile crude oil prices after US struck Iran's nuclear facilities.

1 min  |

June 24, 2025

Mint New Delhi

Iran Attacks US Airbases in Qatar; Iraq; Gulf Flights Suspended

Iran launched missile attacks Monday on US military bases in Qatar and Iraq, retaliating for the American bombing of its nuclear sites and escalating tensions in the volatile region.

2 min  |

June 24, 2025

Mint New Delhi

Colgate Sees H2 Rebound Amid Urban Stress, Rural Growth

Despite a \"tough\" March quarter and lingering pressure on many urban consumers, Prabha Narasimhan, managing director and chief executive officer (CEO) of Colgate-Palmolive (India) Ltd, expects a rebound in consumer sentiment and spending in the latter half of the year.

1 min  |

June 24, 2025

Mint New Delhi

DGCA to start Air India annual audit

Ten officials from India's aviation safety watchdog will visit Air India headquarters on Tuesday for an annual audit, a government memo showed, just as the airline is facing intense scrutiny after a plane crash killed 271 people.

1 min  |

June 24, 2025

Mint New Delhi

Sunteck lays ground for growth, but shares await a rebound

Sunteck Realty Ltd was recently appointed to redevelop a housing society in Mumbai's Andheri (East). The project's gross development value (GDV) or revenue potential is estimated at ₹1,100 crore, as per media reports.

1 min  |

June 24, 2025

Mint New Delhi

Retail credit grows at slower rate in Q4

The retail credit market continued to see a softening in the last quarter of 2024-25, as new loan originations (partly a measure of credit demand and supply) grew at a slower rate of 5% in March 2025 against 12% a year ago, according to the TransUnion CIBIL's June 2025 Credit Market Report.

1 min  |

June 24, 2025

Mint New Delhi

Swiggy delivers for Prosus with 23% IRR

Prosus saw its core headline earnings grow 47% on-year to $7.4 billion, up from $5 billion in the previous fiscal

1 min  |

June 24, 2025

Mint New Delhi

Tax dept told to drop appeals under limit

Out of the pending 577,000 appeals, over 225,000 appeals are targeted for completion in FY26

1 min  |

June 24, 2025

Mint New Delhi

Will Sebi's Angel Investor Rules Slow Startup Funding?

The immediate fallout is likely to be felt at the pre-seed and seed stages in smaller cities

3 min  |

June 24, 2025

Mint New Delhi

West Asia shock to fertilizer subsidy bill

In case of closure of Strait of Hormuz, imports of fertilizers from countries in the region may get impacted

2 min  |

June 24, 2025

Mint New Delhi

WBD Has India OTT Plan, But Market Obstacles A Concern

The firm only runs the discovery+ streaming service in India, while syndicating most of its IP to JioHotstar

2 min  |

June 24, 2025

Mint New Delhi

Infosys Claims Poaching by Two Cognizant Executives

Fight goes back to August 2024 when Cognizant accused Infosys of stealing trade secrets

2 min  |

June 24, 2025

Mint New Delhi

Covid Now Endemic in India, Say Top Government Scientists

Scientists say cases fell over population immunity and the virus's continuing mildness

1 min  |

June 23, 2025

Mint New Delhi

StanChart Scouts for Green Loan Partners

The bank is looking to explore green lending to small businesses in India

2 min  |

June 23, 2025

Mint New Delhi

Centre Overhauls Highways Construction Bid Process, Sets Timelines

In a move to speed up highway construction, the Centre has synchronized project approvals, awards and appointment of developers with milestones for land acquisition, environment, forest and wildlife clearances.

2 min  |

June 23, 2025

Mint New Delhi

Hindustan Zinc Reinvents an Ancient Mining Legacy

Nestled within the mineral-rich folds of the Aravalli hills, Zawar is the world's oldest known site of zinc mining and smelting, a living testament to India's ancient technological prowess.

2 min  |

June 23, 2025

Mint New Delhi

Musk Bets Cabs Will Lift Tesla After Boycotts, Sales Fall

Musk seems to be on the verge of making robotaxis a reality, testing a small squad of self-driving cabs in Austin, Texas

2 min  |

June 23, 2025