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Mint Chennai

BoM eyes ₹2,000 cr stake sale via QIP

State-run Bank of Maharashtra aims to raise at least ₹2,000 crore by selling shares through a qualified institutional placement (QIP) or an offer for sale this financial year to reduce the government's stake in the lender to 75% and meet the market regulator's minimum public shareholding norm.

1 min  |

August 26, 2025

Mint Chennai

Adani Wind to sell turbines globally

Adani Group's wind turbine manufacturing division has won orders for 304 megawatts (MW) of capacity from India this month, and is aiming to supply clean-energy generating machines to power producers globally, according to a top executive.

1 min  |

August 26, 2025

Mint Chennai

Rajiv Anand Takes Charge of IndusInd

Veteran banker Rajiv Anand has taken charge as IndusInd Bank's chief executive officer (CEO) and managing director (MD), effective 25 August, 2025, for a three-year term, the beleaguered bank said in an exchange filing on Monday.

1 min  |

August 26, 2025

Mint Chennai

Pinaults are weighing options for Puma sale

The Pinault family has reached out to potential buyers of Puma SE after the German sports brand lost about half of its market value in the past year, according to people familiar with the matter.

1 min  |

August 26, 2025

Mint Chennai

Higher Perquisite Limits: How They Change Taxation

The changes ease tax burden for mid-income earners, provide more clarity for employers

2 min  |

August 26, 2025

Mint Chennai

What Indians Earn Is a Well-Known Unknown

While an income survey is in the works, tax data offers a top view. Yes, our tax-paying base will shrink this year, but we won't lose much visibility—just some sleep over its expansion

2 min  |

August 26, 2025

Mint Chennai

India Digi-ad Market to Hit $19 Billion by 2029

India's digital advertising economy is poised for sharp expansion over the next five years, even as structural challenges threaten to temper the pace, according to Bain & Company's latest report, 'Advertising in the Digital Age, in India and Around the World'.

1 min  |

August 26, 2025

Mint Chennai

Appetite rising for continuation deals, says TPG NewQuest

A continuation vehicle helps investors hold on to successful portfolio companies, or trophy assets

1 min  |

August 26, 2025

Mint Chennai

Commercial speeches not under fundamental rights: SC

Commercial and prohibited speeches are not covered under the fundamental rights, the Supreme Court (SC) on Monday said as it asked five social media influencers, including \"India's Got Latent\" host Samay Raina, to display their unconditional apology in their podcasts or shows for ridiculing persons with disabilities and rare genetic disorders.

1 min  |

August 26, 2025

Mint Chennai

Gaming ban could deal $1 bn blow to ads

The Centre's decision to ban real-money gaming apps, now formally enshrined into law, could dent India's advertising industry by over $1 billion annually over multiple years.

2 min  |

August 26, 2025

Mint Chennai

Fitch affirms 'BBB-' rating for India, but flags fiscal pressure

Fitch Ratings on Monday maintained India's long-term foreign currency issuer default rating at 'BBB-' with a stable outlook, citing strong growth prospects and solid external buffers, while warning that high debt and fiscal pressures continue to weigh on its credit profile.

1 min  |

August 26, 2025

Mint Chennai

As US, Europe Stall, India's IT Giants Head East for Growth

Australia, Japan, South Korea, and Philippines are among the growth targets of top IT firms

2 min  |

August 26, 2025

Mint Chennai

Firms Prep Challenge to Gaming Ban at Karnataka HC This Week

At least five parties are planning to file an appeal against the law that banned the multi-billion-dollar industry last week, seeking recourse by citing Article 19 of the Constitution at the Karnataka High Court, three people aware of the matter said.

1 min  |

August 26, 2025

Mint Chennai

Brics bank appoints Rajiv Ranjan as VP

The New Development Bank (NDB), a multilateral institution established by the Brics nations—Brazil, Russia, India, China, and South Africa—has appointed Rajiv Ranjan as vice president (VP) and chief risk officer for a five-year term.

1 min  |

August 26, 2025

Mint Chennai

Tariff Turmoil: It Is Not a Trade War If Nobody Is Fighting Back

But the consequences of it could reverberate for decades to come

3 min  |

August 26, 2025

Mint Chennai

Qatar Fund Moves HC to Seize Byju's Assets

Sovereign wealth fund is seeking enforcement of a $235 mn arbitral award

2 min  |

August 26, 2025

Mint Chennai

AI's Big Leaps Are Slowing. That Could Be a Good Thing.

The advance of cutting-edge AI is showing signs of slowing.

4 min  |

August 26, 2025

Mint Chennai

RBI Should Not Abandon Headline Inflation as Its Target

A Shift to Core Inflation Could Injure RBI's Credibility and Get in the Way of a Regime That's Working Well

3 min  |

August 26, 2025

Mint Chennai

Trump's Pressure Campaign on the Fed Casts Shadow Over Jackson Hole Gathering

President's attempts to control monetary policy was a dominant, yet unspoken theme

5 min  |

August 26, 2025

Mint Chennai

Vistaar gets ₹1,360 crore from Motilal, ABC, others

Mall-business financier Vistaar Financial Services Pvt. Ltd has raised ₹1,360 crore from private equity (PE) firm Motilal Oswal Alternates, Singapore-headquartered impact investor ABC Impact and others, the company said in a statement on Monday.

1 min  |

August 26, 2025

Mint Chennai

SpaceX Postpones Starship Test Flight

Elon Musk's SpaceX on Sunday called off the launch of Starship's tenth mission from Texas over an issue at its launch site, delaying an attempt to achieve several long-sought development milestones missed due to past tests ending in early failures.

1 min  |

August 26, 2025

Mint Chennai

Lemon Tree Hotels stock show hinges on a costly makeover

Patchy progress

1 min  |

August 26, 2025

Mint Chennai

India to tap Amazon, Flipkart data for inflation revamp

India will start sourcing price data directly from e-commerce giants including Amazon and Walmart-owned Flipkart to overhaul its benchmark inflation gauge, aiming to capture shifting consumption habits and address concerns that current data is outdated, the head of the statistics ministry said.

1 min  |

August 26, 2025

Mint Chennai

Brookfield sells Pune office stake to 360 ONE

Brookfield is one of the largest office owners and operators in India with 55 million sq. ft across key office markets

1 min  |

August 26, 2025

Mint Chennai

Personal loan: why the lowest rate isn't always the best pick

I will take a personal loan for my sister's wedding, but apps and banks show very different interest rates—at 10.5%, or 14% or more. How do I know which is right? — Priya Mehta, Ahmedabad

1 min  |

August 26, 2025

Mint Chennai

Oyo eyes up to $8 bn valuation in IPO

Global travel tech firm Oyo plans to file its draft red herring prospectus (DRHP) in November, eyeing a $7-8 billion valuation for its IPO, sources said.

1 min  |

August 26, 2025

Mint Chennai

Central govt staff on UPS can opt for NPS

The Centre has decided to allow its employees who have selected the Unified Pension Scheme a one-time, one-way switch facility to the National Pension Scheme (NPS).

1 min  |

August 26, 2025

Mint Chennai

Tech rally shows signs of losing steam

In the coming days, the tech sector will face a key test when the world's most-valuable listed firm Nvidia reports earnings

3 min  |

August 26, 2025

Mint Chennai

India must liberate its farms and not just protect them

We should go beyond tariff protection and give farm sector reforms another go to improve its prospects

3 min  |

August 26, 2025

Mint Chennai

Not considering monetizing edu in India yet: OpenAI VP

Firm is in talks with the government to expand ChatGPT's role in India's education system

2 min  |

August 26, 2025