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Mint Bangalore

Mint Bangalore

Brookfield may sell $300 mn Altius Tele shares before IPO

Brookfield Asset Management Inc. is in talks with domestic institutional investors to sell shares worth $300 million in Altius Telecom Infrastructure Trust, two people in the know said.

1 min  |

June 12, 2026
Mint Bangalore

Mint Bangalore

Beset by shortages, Cuba needs international tourists

As geopolitical tensions escalate, hotels offer discounts to revive the island's struggling tourism sector

2 min  |

June 12, 2026

Mint Bangalore

Sebi seeks common pre-open auction code

The Securities and Exchange Board of India (Sebi) has proposed a new mechanism for stock exchanges to decide the price band and base price for the pre-open call auction to address price distortions that may occur when a scrip trades on one exchange but remains inactive on another.

1 min  |

June 12, 2026

Mint Bangalore

Banks tap EY, BCG to gauge AI gaps

Top Indian banks are racing to gauge how vulnerable they are to artificial intelligence (AI) models as Claude Mythos, seeking help from consultants to submit a report to the regulator by the month end deadline, industry executives said.

1 min  |

June 12, 2026

Mint Bangalore

Juicy dollar returns await NRIs opening FCNR deposits

The Reserve Bank of India’s (RBI) decision to absorb the foreign exchange hedging cost on fresh foreign currency non-resident (bank)(FCNR-B) deposits is creating an unusual opportunity for overseas Indians; the possibility of earning equity-like returns from what is essentially a fixed-income product, market participants said.

1 min  |

June 12, 2026
Mint Bangalore

Mint Bangalore

SpaceX IPO draws major retail orders

SpaceX’s initial public offering (IPO) has attracted more than $70 billion in orders from retail investors, according to people familiar with the matter, as the potentially record-breaking debut enters the home stretch.

1 min  |

June 12, 2026
Mint Bangalore

Mint Bangalore

MetLife wants India to be a major contributor to its biz

The New York-based insurer raised its stake in PNB MetLife from 26% to 49.73%

3 min  |

June 12, 2026

Mint Bangalore

India's Q4 FY26 earnings were red hot. Five charts explain why

The final quarter of fiscal year 2026 concluded on a high note. India Inc delivered its strongest revenue growth in three years in Q4FY26, driven by a synchronized recovery in consumption, infrastructure spending and commodity-linked sectors.

3 min  |

June 12, 2026

Mint Bangalore

India to grow at 6.6% in FY27, says WB

India will remain the world’s fastest-growing major economy, expanding at 6.6% in fiscal year 2026-27, a sharp moderation from 7.7% in the previous year, the World Bank said on Thursday.

1 min  |

June 12, 2026
Mint Bangalore

Mint Bangalore

Xbox sees significant layoffs as CEO plans overhaul

Microsoft Corp.’s Xbox division is planning major job cuts next month as new chief executive officer (CEO) Asha Sharma overhauls the video game unit to stem declining revenue.

1 min  |

June 12, 2026

Mint Bangalore

Coromandel gains: worth chasing?

The Coromandel International stock has gained 6.5% in the past three days to 21,865.60 as the buzz about higher government subsidy support has strengthened.

2 min  |

June 12, 2026
Mint Bangalore

Mint Bangalore

Weak rains, low reservoir levels may hit hydropower output

power that winds down by sunset and thermal stations that take time to power up, hydropower can be turned on and off at will, helping keep the grid stable.

2 min  |

June 12, 2026

Mint Bangalore

Reliance wins bid for Mumbai slum rehab

Billionaire Mukesh Ambani’s Reliance group has won a bid to redevelop a 10.4 acre slum in western Mumbai, marking its entry into a sector where rival Adani Group is already redeveloping one of Asia’s biggest slums, Dharavi.

1 min  |

June 12, 2026
Mint Bangalore

Mint Bangalore

Shield children from the hazards of social media

Its time for India to take a call on the tricky issue of guardrails to protect the very young from the ill-effects of these online platforms. An age-gate mandate may be the least bad option

2 min  |

June 12, 2026

Mint Bangalore

TCS partners with Anthropic to drive enterprise AI scaling

IT services major Tata Consultancy Services Ltd (TCS) on Thursday announced a global partnership with AI major Anthropic to help customers scale enterprise artificial intelligence adoption.

1 min  |

June 12, 2026

Mint Bangalore

Air India fights to regain altitude

ate general of civil aviation (DGCA) said it was investigating Air India after it operated an aircraft eight times without a valid airworthiness review certificate.

2 min  |

June 11, 2026
Mint Bangalore

Mint Bangalore

A SLOWING ECONOMY, STRETCHED VALUATIONS AND THE CASE FOR LARGE-CAPS

India’s domestic equity investors face a problem they haven't experienced in a long time: two consecutive years without meaningful equity returns.

3 min  |

June 11, 2026

Mint Bangalore

SpaceX IPO: does Musk have a divine right to rule the business?

This share issue will leave him in near total control with very meagre rights for public investors

3 min  |

June 11, 2026

Mint Bangalore

ADIA plans $200 mn Lenskart sell-down

Platinum Jasmine A 2018 Trust, an investment vehicle of the Abu Dhabi Investment Authority, is offering up to 40 million shares, representing approximately 2.3% of Lenskart’s outstanding equity.

1 min  |

June 11, 2026
Mint Bangalore

Mint Bangalore

India remains net importer of steel for second straight month in FY27

India remained a net importer of finished steel for the second consecutive month of FY27, according to provisional steel ministry data reviewed by Mint, as the ongoing Iran war reshapes global demand patterns.

2 min  |

June 11, 2026

Mint Bangalore

‘Indian cos moving up value chain to expand into EU, US’

Indian companies are increasingly moving up the value chain, focusing on higher-end and better-quality products as they look to expand into markets such as the European Union and the US, according to Citi’s global head of commercial banking, Tasnim Ghiawadwala.

2 min  |

June 11, 2026
Mint Bangalore

Mint Bangalore

Cabinet okays infrastructure projects worth ₹4,700 crore

The Union cabinet on Wednesday approved infrastructure projects worth about ₹4,703 crore, Phase 2(A) of the Ahmedabad metro rail project and new government office and residential complexes in Amaravati, Andhra Pradesh’s capital.

1 min  |

June 11, 2026

Mint Bangalore

In education, less is more: do not overburden schools

The expansion of human knowledge is a magnificent phenomenon. Over the centuries, we have mapped the human genome, understood the cosmos better and untangled the chemistry of life—and every day, we know more.

3 min  |

June 11, 2026
Mint Bangalore

Mint Bangalore

After ban on Ullu, Agarwal pivots to mythology and AI

Till 2025, Vibhu Agarwal was best known for the adults-only streaming platform Ullu, a planned SME IPO and touted as India’s only profitable streaming service.

2 min  |

June 11, 2026

Mint Bangalore

State-run financiers race to tap RBI hedge window

Lenders including Hudco, REC, PFC are preparing to raise over $5 bn overseas

2 min  |

June 11, 2026
Mint Bangalore

Mint Bangalore

Navjot Altaf explores the afterlives of e-waste

The artist's ongoing art project draws from her research into landfills, with waste becoming a witness to the perils of over consumption

3 min  |

June 11, 2026

Mint Bangalore

Zepto's IPO filing highlights q-comm economics challenge

Zepto’s updated draft red herring prospectus shows a quick-commerce business still working through a basic question: how to make speed cheaper.

2 min  |

June 11, 2026
Mint Bangalore

Mint Bangalore

How infrastructure can support the mental health of our students

India already has most of what it will take to equip its youth with the emotional scaffolding they need to fulfil their potential

3 min  |

June 11, 2026
Mint Bangalore

Mint Bangalore

Firms offer allowances to beat labour code hit on pay

cases, to ensure employees’ take-home pay does not reduce,” said Alok Agrawal, partner at Deloitte India.

1 min  |

June 11, 2026
Mint Bangalore

Mint Bangalore

No first use: let's deploy India's nuclear doctrine

SIPRI’s estimate of our nuclear arsenal is an occasion to use the high ground of our stance to restate our position. The world also needs to note South Asia’s own dynamics of deterrence

2 min  |

June 11, 2026