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Mint Bangalore

RBI Cuts Short Dollar Positions to $65.2 Billion

India's central bank lowered short dollar positions in the derivatives market for a third successive month in a rejig of its intervention strategy under new chief Sanjay Malhotra.

1 min  |

July 01, 2025

Mint Bangalore

RBI projects a marginal rise in bank bad loans by FY27

Stress test predicts baseline GNPA ratio to rise from 2.3% to 2.5% in two years to March 2027

2 min  |

July 01, 2025

Mint Bangalore

Govt Spending on AI Makes India a Draw for Cloud Firms

With the government already procuring over 34,000 GPUs, companies expect strong growth

3 min  |

July 01, 2025

Mint Bangalore

Weak macros a spoiler for TechM

Course correction

2 min  |

July 01, 2025

Mint Bangalore

Adani Plans To Raise ₹3,000 Cr Via Bonds

Gautam Adani's conglomerate plans to raise about ₹3,000 crore ($351 million) through long-term local currency bonds, according to people familiar with the matter, the latest in a string of recent debt raises by the company.

1 min  |

July 01, 2025

Mint Bangalore

Nykaa's premium bet: A smart strategy if it delivers

Slow, but steady

1 min  |

July 01, 2025

Mint Bangalore

Hyderabad to Hamilton: Techie's route to New Zealand residency

Three-year post-study visa in New Zealand offers a path to permanent residency through a points-based system

2 min  |

July 01, 2025

Mint Bangalore

India Set to Lead Manufacturing

India stands uniquely poised to emerge as a global manufacturing powerhouse amid the challenging geopolitical environment, according to Mahindra & Mahindra Group chief executive officer and managing director Anish Shah.

1 min  |

July 01, 2025

Mint Bangalore

Gaja Capital Files Draft for IPO

Gaja Alternative Asset Management Ltd, which operates under the brand Gaja Capital, has filed confidential draft papers with markets regulator Sebi for an initial public offering (IPO).

1 min  |

July 01, 2025

Mint Bangalore

Japan's Orix to Sell Stake in Greenko to AM Green

As per the deal, Orix gets $650 million in cash, plus $750 million worth of stock, amounting to 10% in AM Green

1 min  |

July 01, 2025

Mint Bangalore

Embassy REIT gets ₹1,550 cr via NCDs

Embassy Office Parks REIT has successfully raised ₹1,550 crore through the issue of debentures and term loans to refinance its existing debt and save interest costs.

1 min  |

July 01, 2025

Mint Bangalore

HUL targets 10% earnings growth

HUL, which sells soaps, tea and shampoo, reported a turnover of ₹60,680 crore for FY25

2 min  |

July 01, 2025

Mint Bangalore

Cash-rich BFSI and IT firms dominate dividend charts

While it is raining dividends in India Inc., the shower has been far from even.

1 min  |

July 01, 2025

Mint Bangalore

Moderna nears goal for flu-covid combo jab

Moderna's experimental flu shot for those over 50 years has outperformed a licensed vaccine by 27% in key trial

1 min  |

July 01, 2025

Mint Bangalore

Rail passenger fares rise from today

To enhance financial sustainability of passenger services, the Indian Railways has decided to increase passenger train fares across all classes starting Tuesday, after maintaining a freeze on fare revisions over a prolonged period.

1 min  |

July 01, 2025

Mint Bangalore

New Kabaddi league draws up global playbook with Olympic goals

Kabaddi's global leap is getting a new push and this time it's not from a broadcaster or a federation but from an entrepreneur betting on scale, structure and sports entertainment.

2 min  |

July 01, 2025

Mint Bangalore

Stay alert to shifts in the world's security architecture

Nato's future is cloudy, other powers have their own axes to grind and India must aim for self-reliance

3 min  |

July 01, 2025

Mint Bangalore

Can you use cryptos to start up overseas?

Using cryptocurrencies to subscribe to shares in a foreign company qualifies as a transfer of a VDA—making it a taxable event in India.

1 min  |

July 01, 2025

Mint Bangalore

Eight Roads sells $50 mn stakes in 3 firms

Eight Roads Ventures sold its stakes in MoEngage, Whatfix and Shadowfax to TR Capital

1 min  |

July 01, 2025

Mint Bangalore

SMBC seeks CCI nod for Yes Bank stake

Japan's Sumitomo Mitsui Banking Corporation (SMBC) has sought clearance from the fair trade regulator Competition Commission of India (CCI) to acquire a 20% stake in private sector lender Yes Bank.

1 min  |

July 01, 2025

Mint Bangalore

Sri Mandir owner raises ₹175 crore in funding

AppsForBharat, which runs online devotional app Sri Mandir, has raised ₹175 crore in a Series C funding round led by Susquehanna Asia Venture Capital, with participation from existing investors Nandan Nilekani's Fundamentum, Elevation Capital and Peak XV Partners.

1 min  |

July 01, 2025

Mint Bangalore

Industrial output rises 1.2% in May, slowest in 9 months

Fragile recovery Weak May reading shows uneven rebound in industrial activity.

1 min  |

July 01, 2025

Mint Bangalore

Torrent to retain JB Pharma top deck after acquisition

Ahmedabad-based drugmaker Torrent Pharmaceuticals will not make leadership changes at JB Chemicals and Pharmaceuticals, its management told investors in a call on Monday, a day after announcing a nearly ₹19,500-crore deal to buy a controlling stake.

1 min  |

July 01, 2025

Mint Bangalore

Hotel Rates Hold Firm Amid June Slowdown

Operators showed pricing discipline even during short-term demand dips

2 min  |

July 01, 2025

Mint Bangalore

Why Recovery Skincare Will Be the Next Big Thing

Customers today can shop for formulations rich in copper peptides and antioxidants that meet their skin's needs precisely

4 min  |

July 01, 2025

Mint Bangalore

IndusInd sends CEO shortlist to RBI

IndusInd Bank took a $230 million hit in the year ended 31 March.

1 min  |

July 01, 2025

Mint Bangalore

DoT Begins Fresh Demand Study for Direct Spectrum for Pvt 5G

In what could be a setback for telecom operators, the department of telecommunications (DoT) on Monday initiated a fresh demand survey to assess interest in assigning 5G spectrum directly to enterprises for setting up private networks.

1 min  |

July 01, 2025

Mint Bangalore

India to Seek More Funds for Poor Nations at Global Meets

FM Sitharaman Is Abroad to Attend UN Financing for Development and NDB Meets

1 min  |

July 01, 2025

Mint Bangalore

India Inc's Strong Start to FY26 Faces Reality Check

Analysts expect gains to remain concentrated in pockets, with some sectors continuing to lag

2 min  |

July 01, 2025

Mint Bangalore

Eight years of GST: FinMin says good for ease of doing business

With 15 million registered taxpayers and robust growth in the revenue receipts, the Goods and Services Tax (GST) ecosystem is continuing to evolve with a focus on ease of doing business, better compliance and wider economic participation, the finance ministry said on Monday as the indirect tax system completed eight years.

1 min  |

July 01, 2025