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Mint Bangalore
Lenskart IPO today, in test of ₹70,000 cr valuation
As Lenskart opens its initial public offering (IPO) today, gunning for a near-₹70,000 crore valuation, it is set to test investor appetite for one of India's most celebrated new-age consumer-tech stories. The Street is divided-sceptics call the price stretched, but believers bet on 20-30% gains in short term.
1 min |
October 31, 2025
Mint Bangalore
Govt to seek additional funds in winter session
Union finance minister Nirmala Sitharaman is likely to seek Parliament’s nod for additional government funds for fiscal 2026 in the upcoming winter session, two people aware of the development said.
1 min |
October 31, 2025
Mint Bangalore
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 Bangalore
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 Bangalore
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 Bangalore
Why Indian wealth managers are betting on US Smids
Some of India’s leading wealth managers looking beyond the country’s bustling markets for global diversification are zeroing in on US smalland mid-cap (Smid) stocks, expecting these to deliver better returns than their overheated domestic counterparts.
1 min |
October 31, 2025
Mint Bangalore
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
Mint Bangalore
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 Bangalore
Fed divisions reveal new caution over continued cuts
Federal Reserve Chair Jerome Powell delivered a blunt message for investors who have assumed the central bank would be on cruise control toward a third rate cut in December: Not so fast.
4 min |
October 31, 2025
Mint Bangalore
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 Bangalore
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 Bangalore
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 Bangalore
Loans, wealth units to drive Groww's growth
Co looks beyond broking to bonds, commodities as new growth engines
3 min |
October 31, 2025
Mint Bangalore
L&T: Robust Q2, yet risks loom
Shares of Larsen & Toubro Ltd hit a record ₹4062.60 on Thursday following a strong show in the September quarter (Q2FY26).
2 min |
October 31, 2025
Mint Bangalore
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 Bangalore
boAt’s post-IPO dream of a premium avatar to face a tough reality
Five years ago, during the covid-19 pandemic, a crop of homegrown electronics brands flooded the market with near-identical smartwatches and wireless earbuds as they vied to offer the cheapest versions of these products.
2 min |
October 31, 2025
Mint Bangalore
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 Bangalore
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 Bangalore
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 Bangalore
Lenskart IPO today, a test of appetite for ₹70,000 cr valuation
partial exit at a valuation of just ₹8,741 crore. Earlier in June, Fidelity had valued the company at $6.1 billion, although the two values are not exactly comparable, as Bansal’s share purchase was in lieu of Esops that he couldn’t take as he was tagged a promoter.
3 min |
October 31, 2025
Mint Bangalore
JIOBLACKROCK: WHAT CAN MF INVESTORS EXPECT?
Parentage alone may not be enough for the joint venture to conquer the Indian mutual fund industry
8 min |
October 31, 2025
Mint Bangalore
OpenAl lays groundwork for major IPO at up to $1 tn valuation
OpenAl is laying the groundwork for an initial public offering (IPO) that could value the company at up to $1 trillion, three people familiar with the matter said, in what could be one of the biggest IPOs of all time.
1 min |
October 31, 2025
Mint Bangalore
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 Bangalore
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 Bangalore
Loans, wealth units to drive Groww's growth
Co looks beyond broking to bonds, commodities as new growth engines
3 min |
October 31, 2025
Mint Bangalore
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 Bangalore
Mumbai: Maximum alert can't maximize well-being
The tumult of a world growing ever more closed and insecure has found its mirror, especially in India's metros, in the slow degeneration of social structures and, worse, in the loss of community and childhood experiences.
3 min |
October 31, 2025
Mint Bangalore
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 Bangalore
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 Bangalore
PRISM moves to raise share capital
Initial public offering (IPO)-bound OYO's parent firm PRISM has initiated a fresh round of corporate actions, including an increase in its authorised share capital as part of its preparations for a potential public listing, sources said on Thursday.
1 min |