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Mint Kolkata

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 Kolkata

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 Kolkata

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 Kolkata

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 Kolkata

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 Kolkata

Maruti Suzuki to invest over $860 mn to add one more plant

India's top carmaker Maruti Suzuki will invest ₹7,410 crore (nearly $864 million) to set up a third plant at an existing facility in the northern state of Haryana.

1 min  |

March 27, 2025

Mint Kolkata

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 Kolkata

Can partner with Honda: Espinosa

Nissan Motor Co.'s incoming chief executive officer Ivan Espinosa is open to pursuing a partnership with Honda Motor Co. even after talks for a historic tie-up between the Japanese firms abruptly fell apart last month.

1 min  |

March 27, 2025

Mint Kolkata

IndusInd Garners $2 Billion 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 Kolkata

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 Kolkata

India sourcing of Airbus to hit $2 bn

Aircraft maker Airbus' annual sourcing of components and services from India will be ramped up significantly to touch $2 billion before 2030, its CEO Guillaume Faury has said as he emphasised that the country should play on its strengths rather than replicate what others have done in the past.

1 min  |

March 27, 2025

Mint Kolkata

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 Kolkata

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 Kolkata

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 Kolkata

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 Kolkata

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 Kolkata

Angel Investing Is A High Rewards-High Risks Game: Strategies To Stay Ahead

Despite rapid growth, 5,000 startups shut shop in 2024, signalling due diligence risks

1 min  |

March 27, 2025

Mint Kolkata

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 Kolkata

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 Kolkata

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 Kolkata

Trump stocks? They're mythical in today's new era of uncertainty

His actions have threatened the world order in ways that all but consign predictability to history

4 min  |

March 27, 2025

Mint Kolkata

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 Kolkata

India's Billionaire Boom Is Not a Sign of a Hunky-Dory Economy

It reflects deep structural problems and raises questions about an economic model that has yielded little shared prosperity

4 min  |

March 27, 2025

Mint Kolkata

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 Kolkata

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 Kolkata

Why the Same Show Is Now Streaming on Multiple OTT Platforms

Content Exclusivity Is No Longer Key for Entertainment Firms, Barring Some Premium Original Shows

1 min  |

March 26, 2025
Mint Kolkata

Mint Kolkata

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 Kolkata

Mint Kolkata

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 Kolkata

Index-based valuation is tricky

Changes to the benchmark Nifty 50 index will be effective from 28 March. Jio Financial Services Ltd and Zomato Ltd will replace Bharat Petroleum Corp. Ltd (BPCL) and Britannia Industries Ltd.

2 min  |

March 26, 2025

Mint Kolkata

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