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Blackstone buys Kolkata mall
Mint Hyderabad
|June 18, 2025
Global asset manager Blackstone Group has acquired South City Mall in Kolkata for ₹3,250 crore from South City Projects, in the largest retail asset buyout in recent years.
South City Projects is a consortium of real estate developers and business families in Kolkata. Launched in January 2008, South City is the largest shopping mall in eastern India, w
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FLERE HISTORIER FRA Mint Hyderabad
Mint Hyderabad
India's steps to steady rupee not satisfactory: FPIs
As the Indian rupee slides toward the psychologically-crucial 100-per-dollar mark, foreign portfolio investors (FPIs) are starting to question not just the currency’s trajectory but also the Reserve Bank of India’s silence on how far it is willing to let the currency fall.
1 mins
May 26, 2026
Mint Hyderabad
Whiff of peace in West Asia sends global stocks soaring
Stocks surged on Monday as optimism about an impending US-Iran deal cooled crude prices and lifted markets worldwide.
1 mins
May 26, 2026
Mint Hyderabad
Hindalco sights silver linings
Hindalco Industries Ltd's reported consolidated net profit for the March quarter (Q4FY26) has halved year-on-year to ₹2,597 crore, dragged by exceptionals. However, the outlook remains strong, thanks to the steep rise in aluminium and copper prices and the likely restart of subsidiary Novelis’ Oswego plant in the US in June.
2 mins
May 26, 2026
Mint Hyderabad
From leaders to laggards, thematic funds lose steam
After years as one of the mutual fund industry's most aggressively sold categories, thematic schemes dropped to the bottom of equity fund inflows in FY26, marking a sharp reversal in a segment that once led the market's narrative-driven bets.
3 mins
May 26, 2026
Mint Hyderabad
Akasa adds flights as war crimps rivals
Akasa Air, India’s youngest airline, was the only carrier that added meaningful capacity in the local market in recent months, emerging as a growing threat to the IndiGo-Air India duopoly amid disruptions caused by the Iran war.
1 min
May 26, 2026
Mint Hyderabad
Paytm arm to invest in European unit
Fintech firm One 97 Communications, which operates the Paytm brand, on Monday said its wholly owned subsidiary Paytm Cloud Technologies will invest €9 million in its European payment entity.
1 min
May 26, 2026
Mint Hyderabad
India issues urgent GLP-1 drug alert
India has issued an urgent public health notice asking patients, consumers and healthcare professionals across the country to closely monitor and report any adverse reaction associated with the use of semaglutide and other popular diabetes and weight-loss medications, according to two officials and a document seen by Mint.
1 mins
May 26, 2026
Mint Hyderabad
Suzlon net profit drops 5.6% in Q4
Suzlon Energy on Monday reported a 5.6% decline in consolidated net profit to ₹1,114 crore in the quarter ended 31 March, mainly due to lesser benefit of deferred tax credit.
1 min
May 26, 2026
Mint Hyderabad
‘Costlier energy to weigh on Indian cos’ credit conditions’
Moody’s Ratings on Monday said elevated energy prices will weigh on the near-term credit conditions of Indian corporates, despite robust balance sheets and favourable long-term growth prospects.
1 min
May 26, 2026
Mint Hyderabad
How a faraway war could change the way you spend, save or invest
Higher fuel prices may raise grocery, transport and electricity costs over 6-9 months for most Indian households
4 mins
May 26, 2026
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