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Mint Chennai

Chiratae Ventures expands leadership, targets growth

Chiratae Ventures named Venkatesh Peddi and Ranjith Menon as MDs to lead venture fund series; to hire a third partner

2 min  |

September 05, 2025

Mint Chennai

Designer Giorgio Armani dies at 91

Giorgio Armani, the billionaire designer who established one of the world's most revered fashion labels and helped define the \"Made in Italy\" slogan as a sign of quality for consumers, has died. He was 91.

1 min  |

September 05, 2025

Mint Chennai

BYD slashes sales target as growth cools down

YD has slashed its sales target for this year by as much as 16% to 4.6 million vehicles, two people with knowledge of the matter said, as the Chinese electric vehicle (EV) giant faces its slowest annual growth in five years and other signs that its era of record-setting expansion could be drawing to a close.

1 min  |

September 05, 2025

Mint Chennai

Maple Highways in talks for $200 mn

Maple Highways Pte Ltd, an Indian road contractor backed by Canada's second largest pension fund, is in advanced talks to raise about $200 million through a bilateral offshore loan, according to people familiar with the matter.

1 min  |

September 05, 2025

Mint Chennai

Economy to hurt if states not compensated for GST loss: Kerala FM

Kerala faces a likely annual revenue loss of ₹8,000-10,000 crore due to the reduction in goods and services tax (GST) rates across segments that was announced by the GST Council on Wednesday, Kerala finance minister K.N. Balagopal said.

2 min  |

September 05, 2025

Mint Chennai

Facebook, YouTube banned in Nepal

Nepal on Thursday banned social media sites such as Facebook, Instagram and YouTube among others for failing to register with the ministry of communication and information technology within the given deadline.

1 min  |

September 05, 2025

Mint Chennai

HCLTech retools legacy IBM software to chase govt deals

The IT major is adding heft to Domino with AI-led features and data sovereignty tools

3 min  |

September 05, 2025

Mint Chennai

Indian envoy visits Tesla's China factory

India's consul general in Shanghai, Pratik Mathur, visited Tesla's factory in the city on Thursday amid growing speculation over the export of its China-made luxury electric vehicle models to India.

1 min  |

September 05, 2025

Mint Chennai

IndusInd's New CEO Seeks to Cut Risks in Revamp

Anand Has Asked Division Heads to Flag Lapses and Submit Improvement Plans for a New Three-Year Plan

1 min  |

September 05, 2025

Mint Chennai

No GST on life, health insurance: Insurers brace for cost shock

The GST exemption on individual protection and health policies will directly benefit consumers

2 min  |

September 05, 2025

Mint Chennai

Amazon Signs 20-Year Lease for Fulfillment Centre in W. Bengal

Amazon Seller Services, the marketplace arm of Amazon Inc., has leased 5.6 lakh sq. ft of warehousing space in West Bengal's Hooghly as it scales up its fulfillment network across India.

1 min  |

September 05, 2025

Mint Chennai

Couture keeps it young but loses serious buyers

Most fashion campaigns and bridal magazines continue to feature brides in their 20s, rarely representing older women

3 min  |

September 05, 2025

Mint Chennai

India, Singapore to review trade pacts

Singapore, a major financial hub and gateway to South-East Asia, has emerged as India's top trading partner

2 min  |

September 05, 2025

Mint Chennai

Relief for cement cos, but demand stalls

The Goods and Services Tax (GST) Council has slashed the rate on cement from 28% to 18%, a move aimed at boosting construction activity.

1 min  |

September 05, 2025

Mint Chennai

Inox Wind Sees Margin Tailwind, But Execution Cloud Looms

Losing steam

1 min  |

September 05, 2025

Mint Chennai

A big GST stimulus: Now for the market response

Rate and slab reduction could stimulate consumption in support of India's economy. This is clearly a market-oriented reform, even if an ideal GST regime remains a work-in-progress

2 min  |

September 05, 2025

Mint Chennai

Health plan: cumulative bonus is no substitute for base cover

The insurance company has quoted a 25% higher premium than last year at renewal for my parents' health insurance policy.

2 min  |

September 05, 2025

Mint Chennai

Amazon Completes Axio Acquisition

Amazon said on Thursday that it has completed the acquisition of non-banking lender Axio for an undisclosed amount, securing access to a direct lending business in India.

1 min  |

September 05, 2025

Mint Chennai

Trump Administration's Cuts to Harvard Funding Are Unconstitutional, Judge Rules

White House vows to appeal after court orders government to restore billions of dollars in funding

3 min  |

September 05, 2025

Mint Chennai

Food and grocery delivery gets dearer with hike in GST, platform fee

India's top food and grocery delivery platforms are gearing up for the high-stakes festive season with a flurry of charges—a new goods and services tax, higher platform fees, surge pricing, rain fees and long-distance delivery charges—to cash in on the annual demand spike.

2 min  |

September 05, 2025

Mint Chennai

Trump administration seeks swift Supreme Court review on tariffs

Treasury secretary Scott Bessent said that the appellate ruling was already hurting trade negotiations

2 min  |

September 05, 2025

Mint Chennai

An excerpt from a book on Jagat Murari shows how the Film and Television Institute of India initially relied on famous guest lecturers

Jagat declared Fridays off and invited the best Indian filmmakers to give guest lectures on Sundays instead

4 min  |

September 04, 2025

Mint Chennai

Bridgestone Sues Go First Over Leased Tyres

Bridgestone's Thailand arm has moved NCLT to recover 1,400 leased tyres, saying they aren't liquidation assets

2 min  |

September 04, 2025

Mint Chennai

Employer versus non-employer annuities: tax rules explained

It is assumed that the annuity payment in your query refers to the periodic annuity received from the pension fund set up by an employer or otherwise, excluding the government.

1 min  |

September 04, 2025

Mint Chennai

Maruti Suzuki rolls out Victoris SUV

Maruti Suzuki India Ltd has launched the Victoris, a mid-size sport utility vehicle available in internal combustion, hybrid and compressed natural gas variants, even as the company's electric vehicle (EV) launch in the domestic market remains pending.

1 min  |

September 04, 2025

Mint Chennai

India's FDI Challenge: Let Us Turn Success into Sustainable Growth

Our net FDI drop was partly on account of profit repatriation and we must pitch India's high potential to lure fresh inflows

3 min  |

September 04, 2025

Mint Chennai

Coal Stocks at Thermal Plants Up 27% on Lower Power Demand

India's domestic coal stocks at its thermal power plants are at 47.5 million tonnes (mt), about 27% higher than the year-ago level of 37.2 mt, said two people in the know of the development.

2 min  |

September 04, 2025

Mint Chennai

Now, Three Courts Dismiss Appeals to Stop Gaming Law

A two-judge bench at the Madhya Pradesh High Court on Tuesday denied an appeal seeking an injunction against the Union government notifying and enforcing the law that last month banned any online games involving financial transactions in India.

1 min  |

September 04, 2025

Mint Chennai

WestBridge to fully exit Aptus Value in ₹2,600 cr block deal

Private equity (PE) firm WestBridge Capital is set to sell its remaining stake in Aptus Value Housing Finance India Ltd via a block deal worth up to ₹2,600 crore, according to a deal term sheet seen by Mint.

1 min  |

September 04, 2025

Mint Chennai

Gold adds to record run on high demand

Gold hit another record high on Wednesday, consolidating gains above the $3,500 level on growing expectations of a Federal Reserve rate cut this month and concerns over US tariff policy and the independence of its central bank.

1 min  |

September 04, 2025