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Mint New Delhi

Snabbit raises $30 mn in Series C

Snabbit, a quick-service platform for ondemand home services, on Thursday said it has raised $30 million (about ₹265 crore) in a Series C funding round led by Bertelsmann India Investments, alongside participation from existing investors Lightspeed, Elevation Capital, and Nexus Venture Partners.

1 min  |

October 31, 2025
Mint New Delhi

Mint New Delhi

Rate shocks in Asia show why economists should be sceptics

The words of governors may not reflect underlying considerations

3 min  |

October 31, 2025
Mint New Delhi

Mint New Delhi

Cognizant seeks India listing to narrow peer valuation gap

Cognizant’s P/E ratio is 16.59, against 18-25 for TCS, Infosys, HCL Technologies and Wipro

2 min  |

October 31, 2025

Mint New Delhi

Lodha Developers Q2 profit rises 87%

Lodha Developers Ltd’s net profit jumped 86.6% jump to ₹789.8 crore in the July-September quarter, against ₹423.1 crore in the corresponding year-ago period.

1 min  |

October 31, 2025

Mint New Delhi

Where technology ambition meets capital crunch

India’s technology sector stands at a critical inflection point— flush with talent, buzzing with innovation, but still searching for the capital and policy vision to match its ambition.

4 min  |

October 31, 2025

Mint New Delhi

Hospitals ramp up against chem risks

Driven by the escalating risks of rapid industrial expansion, India is rolling out major new public health measures to combat chemical emergencies, which significantly enhance hospitals’ response to local chemical threats and improve their capacity to manage a sudden surge of patients, as per officials and documents reviewed by Mint.

1 min  |

October 31, 2025

Mint New Delhi

Dabur Q2 profit up 6.5% to ₹453 crore

Indian consumer goods maker Dabur reported a smaller-than-expected rise in second-quarter profit on Thursday due to a temporary sales disruption after the government announced sweeping cuts to goods and services taxes.

1 min  |

October 31, 2025

Mint New Delhi

4G launch boosts BSNL Q2 revenue per user by 12%

Scindia says certain circles like Jharkhand, Kolkata need to raise Arpus from below ₹60

1 min  |

October 31, 2025
Mint New Delhi

Mint New Delhi

Trump meets with Xi, declares immediate cut to tariffs

U.S.-China summit offers relief to both sides while high-stakes rivalry carries on

5 min  |

October 31, 2025

Mint New Delhi

L&T likely wins largest-ever order

Larsen & Toubro Ltd's (L&T’s) latest project win, for developing wind power projects with Hitachi Energy off the coast of the Netherlands and Germany for the Dutch power firm TenneT, could potentially be its largest single order ever, at over $30,000 crore, as per analysts.

1 min  |

October 31, 2025
Mint New Delhi

Mint New Delhi

Govt to take legal view on SC's Vi order

The Centre will take a legal view on the Supreme Court’s order on Vodafone Idea Ltd's additional gross revenue (AGR) dues before giving any relief to the beleaguered telco, a senior government official said.

2 min  |

October 31, 2025
Mint New Delhi

Mint New Delhi

Exports, cheaper steel help Hyundai beat Q2 India blues

A surge in exports and lower steel prices helped Hyundai Motor India Ltd offset a slump in domestic sales to report better profit and margins for the July-September quarter.

1 min  |

October 31, 2025

Mint New Delhi

Govt allays concerns over power bill draft

In a bid to allay concerns over a potential increase in tariffs for farmers and impact on operations of state-run power distribution companies (discoms) due to the proposed Electricity (Amendment) Bill 2025, the power ministry on Thursday said the changes would only bring in “fair competition” and reduce the cost of power supply.

1 min  |

October 31, 2025

Mint New Delhi

MEIL Energy buys lignite power plant

MEIL Energy Pvt. Ltd, a wholly owned subsidiary of Megha Engineering & Infrastructures Ltd (MEIL), has acquired a 100% stake in TAQA Neyveli Power Co. Pvt. Ltd from Abu Dhabi National Energy Co. PJSC (TAQA) for an undisclosed sum of money.

1 min  |

October 31, 2025

Mint New Delhi

Bessemer backs doctors to launch new IVF platform

Global venture capital firm Bessemer Venture Partners has backed a group of experienced doctors to start a new healthcare platform focused on in vitro fertilisation (IVF).

1 min  |

October 31, 2025

Mint New Delhi

Sub-limits blunt coverage of Irdai's modern care mandate

Insurers continue to cap payouts despite 2019 Irdai mandate covering 12 modern procedures

4 min  |

October 31, 2025

Mint New Delhi

A luxury ski trip minus the crowd

What makes a ski vacation luxurious? Is it the vibes? The après scene? The decadent lodging and food? A concierge who warms your boots before you set out on the slopes?

1 min  |

October 31, 2025

Mint New Delhi

Privatize power utilities but get regulation right

The government is crafting an ambitious package for private participation in electricity retailing but regulatory reforms must take precedence for its benefits to flow across India

2 min  |

October 31, 2025

Mint New Delhi

Wearables cos go premium, eye overseas as local sales dip

India’s entry-level wearables market, once the hottest segment in consumer electronics, is cooling as demand tapers.

2 min  |

October 31, 2025

Mint New Delhi

YouTube to use AI to refine videos' quality

Google’s YouTube will use artificial intelligence (AI) to improve the visual clarity of many low-resolution videos on its platform when viewed on TV screens, the web and mobile devices.

1 min  |

October 31, 2025
Mint New Delhi

Mint New Delhi

Agri drags ITC revenue, but profit increases 4%

The GST rate cut led to an over 50% fall in prices of ITC's FMCG portfolio

1 min  |

October 31, 2025
Mint New Delhi

Mint New Delhi

State development loans fall in Oct as yields remain high

The lack of substantial relief in yields coincided with a dip in state bond supply in October

2 min  |

October 31, 2025

Mint New Delhi

Physicswallah said to plan IPO in weeks

Online education platform Physicswallah Ltd is nearing an initial public offering (IPO) that may fetch 3,820 crore ($431 million), according to people familiar with the matter.

1 min  |

October 31, 2025
Mint New Delhi

Mint New Delhi

Cipla names Achin Gupta MD&CEO as Vohra to exit

Gupta will take over from | April, will be MD and global CEO-designate from | January

2 min  |

October 31, 2025
Mint New Delhi

Mint New Delhi

Speed up development in states that need to catch up with others

India's lagging states have little space for fiscal expansion but could make public spending on social schemes more efficient

4 min  |

October 31, 2025
Mint New Delhi

Mint New Delhi

Swiggy to shore up Instamart cash buffer as Q2 loss widens

Swiggy reported another unprofitable quarter this fiscal, weighed down by higher spending on its quick commerce arm Instamart, highlighting the tough road to profitability in rapid delivery.

2 min  |

October 31, 2025

Mint New Delhi

Trump says U.S. will begin testing nuclear weapons

President’ Trump said that he has ordered the Pentagon to “start testing our Nuclear Weapons on an equal basis” with Russia and China.

3 min  |

October 31, 2025
Mint New Delhi

Mint New Delhi

Sebi eases rollout of derivative rules

The Securities and Exchange Board of India (Sebi) on Thursday announced new, staggered deadlines for derivative eligibility rules, giving market participants an extended transition period.

1 min  |

October 31, 2025

Mint New Delhi

India secures six-month US waiver on sanctions for Iran's Chabahar port

India said on Thursday that the US administration has granted India a six-month exemption for American sanctions applicable to Iran’s Chabahar port, which has been developed by New Delhi over the past decade as a crucial gateway for expanding trade and transit with the region.

2 min  |

October 31, 2025

Mint New Delhi

Rare earth relief for 4 Indian cos as China eases curbs

More applications from Indian companies are expected to be approved in the coming days, said another executive, who is expecting China's approval shortly for his Bengaluru-based electric motor manufacturing company. all three executives spoke on condition of anonymity.

1 min  |

October 31, 2025