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Mint Bangalore

LG's IPO Valuation Expectations Lower

LG Electronics Inc.'s India unit may get a lower valuation than previously expected in its initial public offering, according to people familiar with the development, after the recent decline in the nation's stock market.

1 min  |

March 27, 2025

Mint Bangalore

Corporate America's euphoria over Trump's 'golden age' is now giving way to distress

Apturous applause and a sea of phones in the air greeted President Trump as he walked on stage and declared, \"The golden age of America has officially begun.\"

9 min  |

March 27, 2025

Mint Bangalore

Toyota Kirloskar is first parts maker to get auto PLI: Govt

As per the PLI Auto portal, TKAP has two approved products under the scheme

1 min  |

March 27, 2025

Mint Bangalore

World trade shake-up: India's confidence seems misplaced

We can't rely on the hope that tariffs will hit other countries worse

3 min  |

March 27, 2025

Mint Bangalore

Pidilite to ramp up paints biz in Puri's parting shot

Outgoing MD says firm targets 10-15% market share in decorative paints market

2 min  |

March 27, 2025

Mint Bangalore

Will Sebi's DigiLocker Tweak Solve Unclaimed MF Issues?

DigiLocker integration is likely to streamline mutual fund asset transmission for nominees

3 min  |

March 27, 2025

Mint Bangalore

Bank of India raises $400 mn dollar loan

Bank of India has raised $400 million via a dollar syndicated loan, according to people familiar with the matter, marking its first such deal since 2012 that expands a list of borrowers tapping global credit markets.

1 min  |

March 27, 2025

Mint Bangalore

RIL Halts Purchase of Venezuelan Oil

Reliance Industries Ltd (RIL) has paused further purchases of Venezuelan crude after US President Donald Trump authorized a 25% tariff on countries buying the South American country's oil.

1 min  |

March 27, 2025

Mint Bangalore

India taxes are buzz-kill for likes of Carson Block

Overseas funds pulled around $15 billion from the Indian stock market this year, data compiled by Bloomberg show

2 min  |

March 27, 2025

Mint Bangalore

WeWork India's IPO in abeyance: Sebi

(Sebi) has put the initial public offering (IPO) of premium flexible workspace operator WeWork India Management Ltd in \"abeyance\", an update with the markets regulator showed.

1 min  |

March 27, 2025

Mint Bangalore

Wipro bags $650 mn deal from Phoenix Group

Wipro Ltd bagged a 10-year contract with UK-based insurance company Phoenix Group, valued at $650 million, making it the second deal of at least $500 million in less than a year for India's fourth largest information technology (IT) services company.

1 min  |

March 27, 2025

Mint Bangalore

Inside the Niche Charm of Indian Micro Schools

Some parents are seeking alternatives to mainstream schools and prefer curriculum that is hyper-personalized

8 min  |

March 27, 2025

Mint Bangalore

IndusInd Garners $2 Bn After Lapses

IndusInd Bank garnered $2 billion in higher-cost bulk deposits in March, its biggest monthly haul in at least two years, as the lender shored up its funding base after disclosing accounting lapses.

1 min  |

March 27, 2025

Mint Bangalore

Ashok Leyland may shut UK e-bus plant

Indian heavy vehicles maker Ashok Leyland said on Wednesday that its electric bus unit Switch Mobility could shutter one of its British plants, which would swing the unit's UK operations to profitability \"soon\".

1 min  |

March 27, 2025

Mint Bangalore

Sensex falls by 728 pts, snaps 7-day streak

Stock markets snapped the seven-day winning run on Wednesday with benchmark Sensex tanking 728 points due to profit-taking in banking and IT shares ahead of monthly expiry of derivatives contracts.

1 min  |

March 27, 2025

Mint Bangalore

TPG buys India, Lanka biz of Siemens Gamesa

Wind turbine maker will own a minority stake in the new company

2 min  |

March 27, 2025

Mint Bangalore

Banking Laws (Amendment) Bill passed

The bill, passed by the Lok Sabha in December, will allow bank account holders to have up to four nominees

2 min  |

March 27, 2025

Mint Bangalore

OMC Refining Margins Hit as Russian Discounts Shrink

Public sector oil marketers' margins have dropped over 50% year-on-year, PPAC data shows

2 min  |

March 27, 2025

Mint Bangalore

Adani Group Keen on Acquiring JAL

Business conglomerate Adani group has shown interest in acquiring Jaiprakash Associates Ltd (JAL) through an insolvency process, according to people aware of the matter.

1 min  |

March 27, 2025

Mint Bangalore

Modern Economies Must Learn to Value Human Beings

The Time Has Come to Apply Some Gandhian Economics by Infusing Capitalism With Human Values

4 min  |

March 27, 2025

Mint Bangalore

ChatGPT Levels Up With Visuals

OpenAI is making it easier to edit images in ChatGPT and create visuals for work that include lengthy, legible text, potentially broadening the chatbot's appeal for businesses and everyday users.

1 min  |

March 27, 2025
Mint Bangalore

Mint Bangalore

Samsung Electronics co-CEO dies, worsening tech giant's 'crisis' moment

The head of Samsung Electronics' smartphone and consumer electronics business died from cardiac arrest on Tuesday, jolting the South Korean technology giant during a business slide that leaders have called a crisis.

2 min  |

March 26, 2025
Mint Bangalore

Mint Bangalore

Defence stocks: A chance under Trump 2.0

India's defence majors such as Ideaforge Technology Ltd and Hindustan Aeronautics Ltd (HAL) took a beating at the bourses during the recent market sell-off. But under US President Donald Trump's watch, these stocks hold potential for a strong comeback.

2 min  |

March 26, 2025
Mint Bangalore

Mint Bangalore

Boeing Is Pushing To Withdraw Guilty Plea Agreement

Boeing is seeking to withdraw an earlier agreement to plead guilty in a long-running criminal case that blamed the company for deceiving regulators before two deadly crashes of 737 MAX jets, according to people familiar with the matter.

3 min  |

March 26, 2025
Mint Bangalore

Mint Bangalore

Trade War Explodes Across World at Pace Not Seen in Decades

Proliferating tariffs engulfing U.S., China and their partners draw parallels to 1930s protectionist spiral

6 min  |

March 26, 2025
Mint Bangalore

Mint Bangalore

Accenture beats Indian IT by miles in large deals

Accenture Plc is outpacing India's top IT firms in securing lucrative, large-scale contracts, fueled by its robust consulting businesses and early adoption of generative AI solutions.

3 min  |

March 26, 2025

Mint Bangalore

Vahdam raises ₹25 cr to boost expansion

Tea producer and café owner Vahdam Teas Pvt Ltd has raised ₹25 crore ($3 million) from Sidbi Venture Capital Ltd to shore up its cash reserves and boost global expansion.

1 min  |

March 26, 2025
Mint Bangalore

Mint Bangalore

Deposit Rate Cuts on Cards as Loans Cool, Repo Rate Cut Looms

Deposit rates may begin to come down starting April as lenders move to protect margins, at a time of easing credit demand and expectations of another repo rate cut.

3 min  |

March 26, 2025
Mint Bangalore

Mint Bangalore

What did Sebi decide at first board meet under new chief?

At its first board meeting under new chairperson Tuhin Kanta Pandey on Monday, the markets regulator relaxed rules for foreign portfolio investors (FPIs), category-II alternative investment funds (AIFs), and registered investment advisors (RIAs) and research analysts (RAs).

2 min  |

March 26, 2025
Mint Bangalore

Mint Bangalore

Boeing gets lifeline in deal for most expensive jet fighter ever

The U.S. is entrusting its most expensive jet fighter program in history to a company that hasn't successfully launched a commercial or military aircraft in a decade.

3 min  |

March 26, 2025