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Mint Mumbai

Mint Mumbai

NBFCs go easy on MSMEs as NPAs bite

IFL Finance maintains a \"very cautious status\" on MSMEs and the microfinance business, chief financial officer Kapish Jain told analysts on 31 October, adding the focus is largely on \"recovery and collection.”

2 min  |

November 18, 2025

Mint Mumbai

Navi Mumbai to see flights from 25 Dec

Navi Mumbai International Airport (NMIA) will start commercial flight operations from 25 December and initially, there will be 23 scheduled daily departures.

1 min  |

November 18, 2025

Mint Mumbai

Trump's bets on China and Argentina are souring fast

When it comes to US foreign economic polic policy, President Donald Trump’s administration has two problems on its hands.

3 min  |

November 18, 2025

Mint Mumbai

Inox Green loses grid access for 300 MW wind project

Clean energy developer Inox Green Energy Services has lost grid connectivity for its 300 megawatt (MW) wind project in Gujarat after failing to complete it on time, a filing with the power regulator showed.

1 min  |

November 18, 2025

Mint Mumbai

India-made 40nm chip to power smart meters by June

Cyient Ltd will start supplying a locally patented 40-nanometre (nm) chip to clients building smart electricity meters by June, according to the two top executives.

2 min  |

November 18, 2025

Mint Mumbai

Gas for goodwill

Even as India’s exports to the US fell in October, as revealed by trade data issued by the government on Monday, Union petroleum and natural gas minister Hardeep Singh Puri announced the signing of a one-year agreement for the import of 2.2 million tonnes of liquefied petroleum gas (LPG) from America.

1 min  |

November 18, 2025
Mint Mumbai

Mint Mumbai

Rural demand drives FMCG growth in September quarter

India’s fast-moving consumer goods (FMCG) sector reported a 5.4% rise in September-quarter volumes, which moderated sequentially on account of disruptions related to the transition to new goods and services tax rates, while the value of sales jumped 12.9%, according to data released by consumer intelligence platform NielsenIQ.

1 min  |

November 18, 2025
Mint Mumbai

Mint Mumbai

Advent, Warburg join Encube race; promoters may sell stake

Global private equity firms Advent International and Warburg Pincus have joined the race for a stake purchase in contract drug maker Encube Ethicals Pvt.Ltd, three people aware of the development said.

2 min  |

November 18, 2025

Mint Mumbai

Sebi to decline Jane Street data request

Sebi barred Jane Street in July for allegedly ‘manipulating’ a key banking index.

1 min  |

November 18, 2025

Mint Mumbai

Marico’s margin on slippery slope despite healthy demand

The Marico Ltd stock hit a new 52-week high of ₹764.65 on the NSE on Monday after its consolidated revenue surged 31% year-on-year to ₹3,482 crore in the September quarter (Q2FY26), led by broad-based growth across product categories.

1 min  |

November 18, 2025

Mint Mumbai

Thiel’s fund sold entire Nvidia stake last quarter

Peter Thiel’s hedge fund Thiel Macro LLC sold off its holdings in Nvidia Corp. during the third quarter, marking another retreat from the leading provider of artificial-intelligence chips.

1 min  |

November 18, 2025

Mint Mumbai

Should society curb excessive executive compensation?

Elon Musk is 55 years old. He is already the world’s richest man, with an estimated current net worth of about $480 billion. Contingent on meeting certain performance criteria at Tesla Inc, he could well become the world’s first trillionaire.

3 min  |

November 18, 2025

Mint Mumbai

'GST reforms to boost urban demand'

Homegrown fast-moving consumer goods (FMCG) major Marico Ltd expects India’s urban demand, especially in categories such as packaged foods, to perk up in the coming quarters aided by tailwinds from the recently-cut goods and services tax rates.

2 min  |

November 18, 2025
Mint Mumbai

Mint Mumbai

SIDBI VC marks first close of spacetech fund

SIDBI Venture Capital (SVCL), the Small Industries Development Bank of India’s venture capital subsidiary, has made the first close of ₹1,005 crore for its spacetech-focused Antariksh Venture Capital Fund (AVCF).

1 min  |

November 18, 2025
Mint Mumbai

Mint Mumbai

INSIDE AP'S NEW MANTRA: 'SPEED OF DOING BUSINESS'

Nara Lokesh is facing off against rival states and historical financial strain. Can he repeat his father's legacy?

9 min  |

November 18, 2025

Mint Mumbai

Infosys rolls out Al-first GCC model

T major Infosys on Monday introduced an AI-first model aimed at speeding up the establishment and transformation of global capability centres into AI-driven hubs that promote innovation and growth.

1 min  |

November 18, 2025

Mint Mumbai

Govt seeks time in SC on Sahara, Adani land sale petition

The Union government has sought more time to file its response to a plea by financially-stressed Sahara India Commercial Corporation Ltd (SICCL), which is seeking the Supreme Court’s nod to sell 88 properties, including Aamby Valley in Maharashtra and Sahara Shaher in Lucknow, to Adani Properties Pvt. Ltd in a ₹12,000-crore deal, and pay off its debts.

1 min  |

November 18, 2025

Mint Mumbai

PIL seeks probe into RCom fraud

A public interest litigation (PIL) has sought a court-monitored investigation into what it alleges to be a large-scale banking fraud involving Reliance Communications Ltd (RCom), its group companies, and former promoter Anil Ambani.

1 min  |

November 18, 2025
Mint Mumbai

Mint Mumbai

Earth is running out of time. Can COP30 deliver?

The first week of the annual climate conference in Brazil saw the launch of two funds to combat climate change. In the coming days, nations will discuss more contentious issues such as finance flows to poor countries. Mint explains what's going on, and where India stands.

2 min  |

November 18, 2025
Mint Mumbai

Mint Mumbai

‘Many blitzscaler startups do not turn to discipline’

Riding on its outsized success of being one of the earliest backers of recently listed firms such as Groww and Pinelabs, India-focused venture capital firm Peak XV is building its strategy for the next decade. Estimates suggest the firm has taken home over $3.5 billion in exits over the past 24-30 months, clocking more than 10x returns.

3 min  |

November 18, 2025
Mint Mumbai

Mint Mumbai

Gold spike, Trump tariffs lift goods trade deficit to all-time high

Overall merchandise exports slipped to $34.38 billion from $36.38 billion in September and $38.98 billion a year earlier. Agarwal said India maintained steady export growth in the first seven months of FY25, even as global demand softened.

2 min  |

November 18, 2025
Mint Mumbai

Mint Mumbai

Automakers seek leeway on EVs as watchdogs push back

India debates how much leeway automakers should get under the Cafe-III emission norms

2 min  |

November 18, 2025
Mint Mumbai

Mint Mumbai

Centre mulls cut in PLI auto sops to ₹2,000 cr for FY26

Scheme has faced challenges including localization requirements and delays in disbursal

2 min  |

November 18, 2025
Mint Mumbai

Mint Mumbai

Blockbuster year in sight for IPO street as issuers queue up

A decade-high number of filings for initial public offers, or IPOs, in 2025 has brought India within sighting distance of the highest ever amount of money raised in such share sales in a single year, data analysed by Mint showed.

3 min  |

November 18, 2025

Mint Mumbai

China, India throw oil a lifeline as global glut looms

Global oil markets may be dominated by concerns about a glut, but producers have found some support in buying from China and India, spurred by awave of US sanctions on Russian energy.

1 min  |

November 18, 2025

Mint Mumbai

Institutions ought to minimize anxiety instead of worsening it

Let’ not underestimate their role in the well-being of people at large in a complex country like ours

3 min  |

November 18, 2025
Mint Mumbai

Mint Mumbai

New nuclear arms race pits U.S. against both Russia and China

After a decadeslong hiatus, nuclear weapons surge back to the forefront of global politics

5 min  |

November 18, 2025

Mint Mumbai

India ships jet fuel to US West Coast

India has exported its first-ever jet fuel cargo to the US West Coast for energy major Chevron, according to traders and shipping data, seizing upon a rare arbitrage opportunity to fill supply shortfalls in Los Angeles.

1 min  |

November 18, 2025

Mint Mumbai

Medina bus crash kills 45 pilgrims

A fatal accident involving a bus filled with Indian pilgrims killed at least 45 people near Saudi Arabia’s holy city of Medina, Indian police said on Monday, one of the deadliest crashes in the Gulf kingdom in years.

1 min  |

November 18, 2025
Mint Mumbai

Mint Mumbai

Sebi has started review of listing, disclosure norms

The Securities and Exchange Board of India (Sebi) has begun work on a review of the Listing Obligations and Disclosure Requirements (LODR), its chairperson Tuhin Kanta Pandey said, setting the stage for what could be one of the regulator's most significant cleanups of corporate disclosure rules in recent years.

1 min  |

November 18, 2025