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Mint Bangalore

Why Sebi Halted Trading in LS Industries, Pacheli Industrial

For months, shares of LS Industries Ltd (LSIL), a little-known textile firm with no revenue, soared inexplicably, transforming it—on paper—into one of India’s most valuable companies.

2 min  |

February 12, 2025

Mint Bangalore

Easebuzz gets nod to be an online PA

Payment solutions provider Easebuzz has received final authorisation from the Reserve Bank to operate as an online payment aggregator (PA), according to a release.

1 min  |

February 12, 2025

Mint Bangalore

Businesses require restructuring to thrive in today's environment

From climate change to AI and geopolitics, there are many factors they must consider while framing long-range strategies

3 min  |

February 11, 2025

Mint Bangalore

Gradual margin recovery to keep Apollo on tough terrain

Apollo Tyres Ltd is grappling with acute margin pressure amid weak demand. Elevated raw material expenses and higher-cost inventory hurt Q3FY25 earnings.

1 min  |

February 11, 2025

Mint Bangalore

Trump's Trade Blow Could Well Land on His MAGA Supporters

America's poorest consumers will feel the whiplash of his moves

3 min  |

February 11, 2025

Mint Bangalore

Jan Aushadhi to add 10,000 stores by '27

The scheme sold medicines worth ₹665 crore in FY21, which doubled in the next two years to ₹1,236 crore

2 min  |

February 11, 2025

Mint Bangalore

OpenAI Set to Finalize First Custom Chip Design This Year

The ChatGPT maker is pushing ahead with its plan to cut reliance on Nvidia for chip supply

2 min  |

February 11, 2025

Mint Bangalore

Varun Beverages misses profit view

Pepsi India bottler Varun Beverages reported fourth-quarter profit below analysts' estimates on Monday, as higher raw material costs overshadowed volumes growth driven by its expansion in Africa.

1 min  |

February 11, 2025

Mint Bangalore

India Sets Up EFTA Desk To Promote Trade

India on Monday announced the setting up of a dedicated platform—European Free Trade Association (EFTA) desk—to promote trade, investment, and business facilitation between the two regions.

1 min  |

February 11, 2025

Mint Bangalore

Quality Power IPO to open on 14 Feb

Quality Power, an energy transmission equipment and power technologies company, on Monday fixed a price band of ₹401 to ₹425 per share for its ₹859-crore initial public offering (IPO).

1 min  |

February 11, 2025

Mint Bangalore

What is Elon Musk getting up to with America's payment system?

On the morning of January 28th, April Mullins-Datko, the director of ADVOCAP, a social-services provider in Fond du Lac, a city of 40,000 people in Wisconsin, put in her usual request to draw down $250,000 to pay staff salaries and other expenses connected with Head Start, a federal program that provides child care, education and food to families on low incomes.

4 min  |

February 11, 2025

Mint Bangalore

Retail inflation likely eased to a five-month low in Jan: Mint poll

Continuing softness All economists polled by Mint expected inflation to moderate in January.

1 min  |

February 11, 2025

Mint Bangalore

A swim workout is always a good idea. Here's why

Water workouts are a great aid for strength training, cardio and recovery

2 min  |

February 11, 2025

Mint Bangalore

RBI Intervenes to Stop Rupee's Fall to 88 Against Dollar

The rupee has emerged as the worst-performing Asian currency year-to-date against a stronger dollar

2 min  |

February 11, 2025

Mint Bangalore

Bata Misses Q3 Profit Estimates

Bata's Q3 profit was hurt by sluggish consumer demand amid high inflation.

1 min  |

February 11, 2025

Mint Bangalore

Eureka Forbes Q3 Profit Rises 53%

Eureka Forbes Ltd, a health and hygiene products maker, on Monday reported a 52.5% increase in its consolidated net profit to ₹35.03 crore in the December 2024 ending quarter.

1 min  |

February 11, 2025

Mint Bangalore

Taxman told to stop chasing biz for interest, penalty dues

Reducing GST litigation, improving ease of doing business has been a priority for the govt

2 min  |

February 11, 2025

Mint Bangalore

Internal disparities: The state of Indian states matters

Reform action is expected to move to Indian states and it's important for our laggards to catch up

4 min  |

February 11, 2025

Mint Bangalore

Nokia hires Intel's AI executive as CEO

Nokia Oyj said it was replacing chief executive officer Pekka Lundmark with Intel Corp.'s Justin Hotard in a surprise announcement as the network equipment maker works to exit a prolonged slump in orders from phone operators.

1 min  |

February 11, 2025

Mint Bangalore

GAIL Revives Plan to Buy US LNG

GAIL India Ltd will seek to buy a stake in a US liquefied natural gas (LNG) plant or secure long-term US LNG supply after the Trump administration lifted a ban on export permits for new projects, chairman Sandeep Kumar Gupta said.

1 min  |

February 11, 2025

Mint Bangalore

How Couples Can Harness the Best of Both Old and New Tax Regimes

Couples could use house rent allowance and tax planning to lower their overall tax outgo post-budget 2025

3 min  |

February 11, 2025

Mint Bangalore

International cooperation has a key role in fostering 'AI for Good'

The Paris summit offers a platform for stakeholders to discuss AI aimed at sustainable development

3 min  |

February 11, 2025

Mint Bangalore

Rolls-Royce to double India sourcing

Rolls-Royce said it will double its sourcing from India over the next five years.

1 min  |

February 11, 2025

Mint Bangalore

Google AI chief says DeepSeek's cost claims are 'exaggerated'

The notion that China's DeepSeek spent under $6 million to develop its artificial intelligence (AI) system is \"exaggerated and a little bit misleading,\" according Google DeepMind boss Demis Hassabis.

1 min  |

February 11, 2025

Mint Bangalore

Reset import tariffs: Trump's policies offer us a pretext

Let's use this moment to lower duties across the board and let a weaker rupee push up exports

4 min  |

February 11, 2025

Mint Bangalore

Zaggle eyes merchant card market expansion

Fintech firm Zaggle Prepaid Ocean Services Ltd plans to enter the merchant card network space through an acquisition and is in talks with a potential target, managing director and chief executive Avinash Godkhindi said on Monday.

1 min  |

February 11, 2025

Mint Bangalore

ONGC and bp join hands for E&P, energy trading

The MoU comes within a month of ONGC selecting bp as a technical service provider for its flagship Mumbai high field

1 min  |

February 11, 2025

Mint Bangalore

US Tariffs: Steel Cos Dial Govt for Help

A lobby of Indian steelmakers has urged the Indian government to step in after US President Donald Trump announced plans to levy additional duty on steel and aluminium imported into the country.

1 min  |

February 11, 2025

Mint Bangalore

Berger Paints open to acquisitions

Berger Paints Ltd chairman Rishma Kaur on Monday said that the company will continue to build on its century-old legacy of trust and innovation while focusing on \"sustainable\" growth and strategic expansion.

1 min  |

February 11, 2025

Mint Bangalore

NCLT Recalls Order Against Logix Infra

In a rare move, National Company Law Tribunal (NCLT) has recalled and set aside its own order directing insolvency proceedings against realty firm Logix Infrastructure in July 2023, saying the plea was initiated with \"fraudulent and mala fide intentions\" and a collusive petition was filed by the financial creditor.

1 min  |

February 10, 2025