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Mint New Delhi

Nippon India MF bets big on retail

Nippon India Mutual Fund (MF) is betting big on deeper retail penetration and expansion in smaller towns to double its investor base to 5 crore over the next 7-8 years, a top official said on Wednesday.

1 min  |

May 29, 2025

Mint New Delhi

North Korea infiltrates U.S. remote jobs —with the help of everyday Americans

The scam also creates problems for unsuspecting Americans whose personal information gets stolen to get jobs

8 min  |

May 29, 2025

Mint New Delhi

Hero FinCorp Gets Sebi's Nod for IPO

Hero FinCorp, the financial services division of two-wheeler manufacturer Hero MotoCorp, has received Sebi's go-ahead to float a ₹3,668 crore Initial Public Offering (IPO), an update with the markets regulator showed on Wednesday.

1 min  |

May 29, 2025

Mint New Delhi

Uber, Rapido Eye Goa Entry as Drafts Rules Signal Green

Draft Guidelines Lay Out a Formal Regulatory Framework for App-Based Taxi and Bike Taxi Operators

2 min  |

May 29, 2025

Mint New Delhi

Old hits and IPL screenings create buzz, but not cash for cinemas

As the Bollywood pipeline ran dry, cinemas had turned to re-releases of older hits and screenings of live events like cricket matches to draw footfall. However, their contribution to overall revenues of movie theatres remained marginal.

2 min  |

May 29, 2025

Mint New Delhi

NCLT allows govt to attach Gensol's accounts, lockers

The tribunal took note of serious allegations of fraudulent conduct, diversion of company funds

2 min  |

May 29, 2025

Mint New Delhi

Train employees to fortify systems against cyberattacks

Since human vulnerabilities are now being exploited, the best defense lies in employee behavior

3 min  |

May 29, 2025

Mint New Delhi

Practo enters UAE, backs India

As it enters the United Arab Emirates (UAE), digital health platform Practo has revised its playbook for international expansion by correcting some key mistakes it made earlier, its co-founder and chief executive Shashank N.D. said.

1 min  |

May 29, 2025

Mint New Delhi

Dry fruit brand Bolas in talks to raise ₹900 crore from PEs

Dry fruit brand Bolas is in early discussions with private equity investors including Westbridge Capital to raise ₹800-900 crore in its first institutional funding round, two people in the know told Mint.

1 min  |

May 29, 2025

Mint New Delhi

The tale of an Irish whiskey that paints the town red

Curraghmore produces some of the world's highest-quality malted barley that makes Irish whiskey unique

4 min  |

May 29, 2025

Mint New Delhi

Induslaw partners global law firm CMS

The joint entity will have over 6,800 lawyers in 45 countries, including 1,400 partners in the global firm

2 min  |

May 29, 2025

Mint New Delhi

Granules India's Q4 profit drops

Granules India reported a drop in fourth-quarter adjusted profit on Wednesday, hurt by weak pricing and stiff competition in its key European and North American markets.

1 min  |

May 29, 2025

Mint New Delhi

LEGAL MINEFIELD: LEASEHOLD, TENANCY RIGHTS AND THE CAPITAL GAINS TAX TRAP

You must value tenancy rights and leasehold at stamp duty rate for accurate tax calculations

3 min  |

May 29, 2025

Mint New Delhi

Device leasing: tax-efficient perks under new tax regime

Lease payments are deducted from pre-tax salary, boosting tax savings, more so for those in higher tax bracket

3 min  |

May 29, 2025

Mint New Delhi

Salesforce Agrees to Acquire Informatica for $8 Billion

Salesforce Inc. has agreed to acquire Informatica Inc. for about $8 billion, barely a year after an earlier effort fell through.

1 min  |

May 28, 2025

Mint New Delhi

Prime Offices Fund makes debut with ₹750 cr office buy

Prime Offices Fund (PRIME), managed by Nuvama and Cushman & Wakefield (NCW), has made its first acquisition by buying Prius Platinum, a prime Grade A office property in Delhi's Saket District Centre, for ₹750 crore.

1 min  |

May 28, 2025

Mint New Delhi

Race in Trump's America: One step forth and two steps back

Five years after George Floyd was killed, race relations are worse

3 min  |

May 28, 2025

Mint New Delhi

Dunzo gets relief in insolvency case

The Bengaluru bench of the National Company Law Tribunal has dismissed an insolvency petition against e-commerce delivery startup Dunzo Digital Pvt. Ltd.

1 min  |

May 28, 2025

Mint New Delhi

First batch of MF misselling reports shows limited action

An HDFC AMC case involves misappropriation of ₹54 lakh via fake statements; AMFI has revoked the MFD's licence

4 min  |

May 28, 2025

Mint New Delhi

India Poised for Growth Amid Global Uncertainty

Despite global turbulence, India's economy remains resilient and a prime investment destination, with structural reforms and skill-driven policies poised to boost investor confidence, drive sustained growth, and enhance medium-term prospects, the finance ministry said in its April economic review released on Tuesday.

1 min  |

May 28, 2025

Mint New Delhi

China turns to consumers to boost growth, but households are wary

Household nominal consumption in Q1 grew 5.2% year over year, compared with 4.5% in Q4

4 min  |

May 28, 2025

Mint New Delhi

FM calls for fintech innovation; highlights role in MSME growth

Finance minister Nirmala Sitharaman highlighted the role of fintech innovation in the growth of digital public infrastructure in the country and the easing of access to financial services for small businesses during a visit to Pine Labs, a fintech firm based in Noida.

1 min  |

May 28, 2025

Mint New Delhi

Rakesh Gangwal sells IndiGo shares worth $1.35 billion

Gangwal has been gradually reducing his stake in the airline after a settlement agreement with Rahul Bhatia

1 min  |

May 28, 2025

Mint New Delhi

The Campaign Goldman's CEO Waged to Silence Powerful Internal Critics

David Solomon was under siege from partners critical of his leadership; the firm launched a probe to identify leakers

7 min  |

May 28, 2025

Mint New Delhi

Coal India arm CMPDI files papers for IPO

State-run Coal Mine Planning & Design India Ltd has filed the draft red herring prospectus for its initial public offering.

1 min  |

May 28, 2025

Mint New Delhi

Jio BlackRock gets nod for India MF biz

Billionaire Mukesh Ambani-led Reliance Group and US-based BlackRock have received approval from India's markets regulator to start operations for their mutual fund business, the Indian company said on Tuesday.

1 min  |

May 28, 2025

Mint New Delhi

Prepare for a wave of AI-enabled criminal enterprise

Today's digital criminals can generate fake realities on an industrial scale while truth gets harder to spot

4 min  |

May 28, 2025

Mint New Delhi

Next-gen telecom tech to get R&D boost under new policy

Govt is targeting spends of ₹1,000 crore per year to support research in new technologies

2 min  |

May 28, 2025

Mint New Delhi

China calls on Asean, Gulf to form 'big market'

Chinese Premier Li Qiang rallied a group of Southeast Asian and Gulf states to deepen cooperation, as the Asian nation ramps up its charm offensive abroad to counter US efforts to isolate the economy.

1 min  |

May 28, 2025

Mint New Delhi

HDFC unit nears nod for $1.5 bn IPO

DB Financial Services Ltd. is close to securing the go-ahead from India's securities regulator for its initial public offering, according to people familiar with the plan, which would allow the shadow lender to launch one of the country's biggest listings this year.

1 min  |

May 28, 2025