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Mint Chennai

SEBI's PARRVA Scheme: Will It Build Trust in Investment Performance Claims?

In a move to enhance transparency and accountability in India's securities market, the Securities and Exchange Board of India (Sebi) issued a circular on 4 April, outlining a regulatory framework for Past Performance and Risk-Return Verification Agency (PaRRVA).

2 min  |

April 16, 2025

Mint Chennai

ED files chargesheet in Herald case

The Enforcement Directorate (ED) has filed a chargesheet against Congress leaders Sonia Gandhi, Rahul Gandhi and others accusing them of allegedly laundering ₹988 crore in the National Herald case.

1 min  |

April 16, 2025

Mint Chennai

Fintech soonicorns prepare IPOs, await right launch time

Revival of growth, slow private funding, and investor pressure for exits driving listing plans

3 min  |

April 16, 2025

Mint Chennai

India Targets 300 Million New Users for UPI

India plans to bring hundreds of millions of new users onto Unified Payments Interface (UPI), its real-time payments system, while pitching the platform for wider adoption overseas.

1 min  |

April 16, 2025

Mint Chennai

AM/NS Withdraws HC Petition Against Coke Import Order

Steelmaker ArcelorMittal Nippon Steel India (AM/NS) has withdrawn its plea against the Union government in the Delhi High Court, challenging the rejection of its import orders for metallurgical coke or met coke from Indonesia and Poland.

1 min  |

April 16, 2025

Mint Chennai

Healthier India Inc. faces risks

A differentiating factor

2 min  |

April 16, 2025

Mint Chennai

Female founders are haunted by the misdeeds of their peers

A gender lens on fraud is irrational but such biases are pervasive

3 min  |

April 15, 2025

Mint Chennai

EU suspends tariffs on US until 14 July

The European Union's (EU) retaliatory tariffs on US goods worth €21 billion will be on hold until 14 July, Brussels said on Monday, to give time for negotiations with Washington.

1 min  |

April 15, 2025

Mint Chennai

Intel to sell 51% in Altera amid cost cuts

Intel Corp. has agreed to sell a 51% stake in its programmable chips unit Altera to Silver Lake Management, making good on plans to start spinning off non-core assets.

1 min  |

April 15, 2025

Mint Chennai

Costs bite into Havmor profit, even as summer demand soars

Havmor plans to continue expanding its franchise-led parlour network, which includes 250 outlets

2 min  |

April 15, 2025

Mint Chennai

Electric Bus Makers Gear Up for Delhi's Full Fleet Electrification

Delhi will increase its electric bus fleet from the existing 8,000 to 11,000 over next five years

3 min  |

April 15, 2025

Mint Chennai

Nvidia Plans Servers Worth $500 Billion in US

Nvidia said it is planning to build AI servers worth as much as $500 billion in the US over the next four years with help from partners such as TSMC, the latest American tech firm to back the Trump administration's push for local manufacturing.

1 min  |

April 15, 2025

Mint Chennai

US climate withdrawal spurs rethink on green funding

Govt will focus on tapping other multilateral and bilateral means, besides private sector

2 min  |

April 15, 2025

Mint Chennai

India's Delimitation Dilemmas Go Beyond Unequal Representation

Demographic changes give the Lok Sabha a representational bias while overlarge constituencies amplify majoritarianism

4 min  |

April 15, 2025

Mint Chennai

In a setback, liver risks force Pfizer to drop obesity pill

Pfizer Inc. will stop developing an obesity pill that was closely watched by investors, a severe blow in its efforts to compete with blockbuster weight-loss shots from Novo Nordisk A/S and Eli Lilly & Co.

1 min  |

April 15, 2025

Mint Chennai

Know NRI taxes on Indian share buybacks

I live in Dubai and hold 5,000 shares of an Indian company, bought at ₹200 each. The company plans to buy them back at ₹500 per share in May 2025. Will I be liable for buyback tax in India, or will the company handle it?

1 min  |

April 15, 2025

Mint Chennai

Omnivore plans to invest in life sciences

Omnivore is also planning a couple of exits this year from its second fund and is in talks to create an exit strategy

2 min  |

April 15, 2025

Mint Chennai

Ashish Saraf joins P&W as India head

Aircraft engine maker Pratt & Whitney (P&W) on Monday announced the appointment of Ashish Saraf as vice president and country head, India.

1 min  |

April 15, 2025

Mint Chennai

Gold, The Goat No One Talks About, Never Disappoints

Over 25 years, gold has beaten major indices and asset classes both in dollar and rupee terms

3 min  |

April 15, 2025

Mint Chennai

How Dutch Rejig Helps Tata Steel

A meltdown Tata Steel Nederland has faced profitability stress in the recent past amid lower realization and high energy costs.

2 min  |

April 15, 2025

Mint Chennai

OPEC Cuts Oil Demand Growth Forecasts

OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the impact of data received for the first quarter and trade tariffs announced by the US.

1 min  |

April 15, 2025

Mint Chennai

Tether Emerges as Major Crypto Lender Since Collapse of the Sector

Tether captures 70% market share as other centralized lenders struggle to recover from 2022 crypto meltdown

3 min  |

April 15, 2025

Mint Chennai

India Inc should warm up to corporate bond issuances

Non-financial businesses issuing more corporate bonds will work in favour of the economy

3 min  |

April 15, 2025

Mint Chennai

BofA Seeking to Revamp India Investment Team After Probe

Bank of America Corp. is rebuilding its investment banking team in India after a string of senior resignations and scrutiny over share sales rocking local operations last year, said people familiar with the matter.

1 min  |

April 15, 2025

Mint Chennai

Gold-trading frenzy hits China as tensions with US escalate

People's Bank of China added 2.8 tonnes of gold, while Goldman Sachs says prices will reach $4,000 per ounce in 2026

2 min  |

April 15, 2025

Mint Chennai

Kaistha to head Lamborghini India

Italian super luxury automaker Automobili Lamborghini on Monday said it has appointed Nidhi Kaistha as head of Lamborghini India.

1 min  |

April 15, 2025

Mint Chennai

Centre Presses Hospitals For Greater Transparency On Organ Donations

With the world's lowest organ donation rate, the health ministry has warned hospitals to issue timely and transparent reports of deaths to their respective state authorities or face penalties, including licence cancellation.

2 min  |

April 15, 2025

Mint Chennai

China, Vietnam Ink Deals as Xi Calls for Stronger Trade Ties

Xi's Trip to Hanoi, His Second in Less Than 18 Months, Aims to Consolidate Relations With a Neighbor

2 min  |

April 15, 2025

Mint Chennai

U.S. allies are sitting out Donald Trump's trade war with China

Imposition of new tariffs on nearly every country adds to concerns in Europe and Asia about relying on America

6 min  |

April 15, 2025

Mint Chennai

Another IMF loan for Argentina could have major repercussions

What the Milei government has obtained may turn out scandalous for the Fund and bad for others

3 min  |

April 15, 2025