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Mint New Delhi

Mint New Delhi

AI fears slam Accenture, Indian IT cos listed in US

Shares of Accenture Plc plunged 18% to a nine-year low on Thursday, sparking a wider sell-off in homegrown information technology (IT) companies listed in the US, as the world's biggest IT outsourcer reported its lowest quarterly new order bookings since the first quarter of 2024-25 and provided a softer guidance than in the previous quarter.

2 min  |

June 19, 2026

Mint New Delhi

OpenAI guns for bigger India team in pursuit of AGI

For OpenAI, India is not just a market for acquiring users but also a crucial testing ground for future artificial intelligence (AI) products, including personalized voice-interaction feature set to launch in the coming weeks, according to Abhi Muchhal, its product lead for international growth.

2 min  |

June 19, 2026
Mint New Delhi

Mint New Delhi

Fuel curbs may ease as peace deal raises hope

Move could soothe farmers, lower inflation; no decision on prices still

3 min  |

June 19, 2026

Mint New Delhi

AIMS promoter taps 360 ONE for PE stake buyback

The promoter of Blue Sapphire Healthcares Pvt Ltd, which operates the Asian Institute of Medical Sciences (AIMS), has raised private credit from 360 ONE Asset Management to buy back a 49% stake held by private equity investors OrbiMed and British International Investment, the companies said in a statement on Friday.

1 min  |

June 19, 2026
Mint New Delhi

Mint New Delhi

Sebi curbs, higher costs eat into NSE profit before IPO

The National Stock Exchange (NSE) has waited nearly a decade to go public. However, just as investors finally get the chance to own India's largest market infrastructure company, its FY26 earnings present a sobering reality.

2 min  |

June 19, 2026
Mint New Delhi

Mint New Delhi

Auto majors scale AI via IT arms, global partnerships

Tata Motors and M&M are scaling AI adoption in manufacturing, sales and technology

2 min  |

June 19, 2026

Mint New Delhi

A 70-year-old law, 10% stake: what keeps LIC invested in NSE

As state-owned banks and insurers cash out through the National Stock Exchange’s roughly ₹30,000-crore initial public offering, its largest shareholder, Life Insurance Corp. of India, is holding on to its 10.72% stake, according to the draft papers filed with the market regulator.

2 min  |

June 19, 2026
Mint New Delhi

Mint New Delhi

Centre to raise ₹13,000 cr via OFS in three state-run banks

Share sale to meet public holding norms; Govt may cross disinvestment target in FY27

2 min  |

June 19, 2026
Mint New Delhi

Mint New Delhi

NSE IPO set to mint outsized gains for early investors

Shareholders selling equity in the National Stock Exchange of India Ltd (NSE) public offer are set to bag up to thousand-fold returns on their average investment costs once the exchange gets listed.

2 min  |

June 19, 2026
Mint New Delhi

Mint New Delhi

Cordelia Cruises operator to launch ₹585-crore IPO next week

Waterways Leisure Tourism Ltd, the operator of Cordelia Cruises, will launch its initial public offering next week, becoming the first Indian cruise line to go public.

2 min  |

June 19, 2026

Mint New Delhi

NSE’s long road to D-Street: scandals, lawsuits delayed biggest IPO

After more than a decade of regulatory probes, courtroom battles and governance scandals, the National Stock Exchange Ltd (NSE) has finally taken a decisive step towards its long-delayed capital markets debut.

2 min  |

June 19, 2026
Mint New Delhi

Mint New Delhi

Localization plan may include port, container components

The central government is considering expanding the ambit of a construction equipment localization scheme announced in the FY27 Union Budget to include components used to build port infrastructure and containers, according to two people aware of the development.

1 min  |

June 19, 2026

Mint New Delhi

Are India's vulnerable turning to illegal money games?

Somewhere in India, a delivery rider finishes a 12-hour shift and opens a gaming app.

3 min  |

June 19, 2026

Mint New Delhi

Nykaa's 'house of brands' eyes ₹5K cr sales

FSN E-Commerce Ventures, which operates the Nykaa brand, is targeting net sales value (NSV) of more than ₹5,000 crore from its portfolio of owned consumer brands by FY30.

1 min  |

June 19, 2026
Mint New Delhi

Mint New Delhi

Indian IT firms in US face heat as AI fears slam Accenture

\"A sharp fall in Accenture’s price indicates that AI will eat away the IT services revenue at a much faster pace than previously anticipated,\" said Amit Chandra, vice-president at HDFC Securities.

2 min  |

June 19, 2026
Mint New Delhi

Mint New Delhi

Forget monsoon rains: we now require a thermometer instead

Analysis shows that temperature levels impact India’ food inflation and output more than rainfall, especially in El Niño years

3 min  |

June 19, 2026

Mint New Delhi

HPCL restarts key crude unit after fire

Hindustan Petroleum Corp. Ltd (HPCL) on Thursday said its joint venture refinery in Rajasthan has restarted its crude distillation unit (CDU) after completing restoration work following a localised fire in April, paving the way for a phased ramp-up of fuel production.

1 min  |

June 19, 2026
Mint New Delhi

Mint New Delhi

Akasa Air raises debt ceiling, eyes government credit

Akasa Air has increased its borrowing limit more than threefold to ₹3,950 crore from ₹1,200 crore as India’s youngest airline looks to fund its growing operations and tap a government-backed credit programme.

1 min  |

June 19, 2026
Mint New Delhi

Mint New Delhi

The US versus Iran: has economic warfare won?

Military force was trumped by an energy clamp, as the MoU both signed this week suggests. Now Tehran should take care not to turn peace into a pill too bitter for America to swallow

2 min  |

June 19, 2026
Mint New Delhi

Mint New Delhi

Apple to raise prices on its products due to memory chip crunch, Tim Cook says

Cook, however, declined to offer details on the timing or scale of the planned price increases

4 min  |

June 19, 2026

Mint New Delhi

India's Korean wave fuels self-service ramyun bars

A customer picks up a packet of ramyun—the Korean term for instant noodles—adds toppings such as eggs, cheese or chicken, and heads to a self-service station before digging in.

2 min  |

June 19, 2026

Mint New Delhi

India must act now to charge up its electrical equipment industry

Boosting domestic production could help India meet demand at home and lead the global market

3 min  |

June 19, 2026
Mint New Delhi

Mint New Delhi

Options curbs, higher costs eat into NSE profit before ₹30,000 cr IPO

A net contrasting one-off event, exceptional gain of ₹1,075 crore, largely driven by selling a 9% stake in the National Securities Depository Ltd helped cushion the drop in reported earnings.

2 min  |

June 19, 2026
Mint New Delhi

Mint New Delhi

L'Oréal buys majority stake in personal care co Innovist

Founders Rohit Chawla, Sifat Khurana and Vimal Bhola will continue running the business

2 min  |

June 19, 2026
Mint New Delhi

Mint New Delhi

'US-Iran pact positive for equities, but recovery could be gradual'

Indian equities are navigating a complex mix of artificial intelligence (AI)-led disruption, shifting global capital flows and lingering geopolitical uncertainty, creating both opportunities and challenges for investors.

4 min  |

June 19, 2026

Mint New Delhi

Tata Motors to hike CV prices from July

Tata Motors said on Thursday it would increase prices across its commercial vehicle range by up to 2.5%, effective 1 July, its second hike in three months as automakers grapple with rising costs from the West Asia war.

1 min  |

June 19, 2026
Mint New Delhi

Mint New Delhi

India secures steel market access under UK trade pact

India-UK Ceta and the accompanying social security pact will come into force on 15 July

2 min  |

June 19, 2026

Mint New Delhi

Reits are having a moment. Do they deserve a place in your portfolio?

Reits are not for everyone; their suitability depends on what role an investor wants them to play in the portfolio

4 min  |

June 19, 2026

Mint New Delhi

Asahi forays into India in tie-up with Varun Bev

Japanese beverage major Asahi Group Holdings on Thursday announced its entry into India’s non-alcohol and non-carbonated drinks segment through a franchise partnership with Varun Beverages.

1 min  |

June 19, 2026

Mint New Delhi

Starbucks to add 100 stores in India

Starbucks Corp.’s India unit plans to open dozens of new stores each year as it seeks to fend off rivals and strengthen its position in the South Asian country’s fast-growing coffee market.

1 min  |

June 19, 2026