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Mint Mumbai

Adani arms eyes foreign debt offer of $500 mn

Billionaire Gautam Adani’s energy transmission unit is seeking to raise at least $500 million in foreign-currency debt by early next year, according to people familiar with the matter, as the company boosts infrastructure investments.

1 min  |

November 14, 2025
Mint Mumbai

Mint Mumbai

Brokers struggle to meet Sebi deadline on retail algo trading

Stockbrokers are scrambling to meet a series of cascading regulatory deadlines to implement new algorithmic trading rules for retail investors, a landmark shift that promises to democratize sophisticated trading tools but has triggered technical and compliance hurdles.

2 min  |

November 14, 2025

Mint Mumbai

Lord’s Mark nears first $1 million MedTech shipment to the USA

On the Pathway to Achieve - $1 Million Milestone

1 min  |

November 13, 2025

Mint Mumbai

Banks rush to unwind repledged gold loans

The Reserve Bank of India’s (RBI) recent gold loannorms have plugged a loophole that allowed banks and non-bank financiers to lend against gold repledged by informal lenders, according to four bankers with knowledge of the matter.

3 min  |

November 13, 2025

Mint Mumbai

India's hiring intent rises to 11%: Report

After a year of muted single-digit growth, hiring intent has returned to double digits at 11%, up from 9.75% last year, supported by formalization and regional expansion, says a report.

1 min  |

November 13, 2025
Mint Mumbai

Mint Mumbai

India and Botswana announce Cheetah translocation pact

India and Botswana on Wednesday formally declared the plan to translocate eight Cheetahs from the African nation during the state visit of President Droupadi Murmu.

1 min  |

November 13, 2025

Mint Mumbai

Fila reviews options for stake in Doms

Italian stationery company Fila SpA is reviewing options for its minority stake in India-listed Doms Industries Ltd as it seeks to deepen ties with the fast-growing Asian market, according to people familiar with the matter.

1 min  |

November 13, 2025

Mint Mumbai

INDIA TOPS MIGRATION BUT SHIFTS UNDERWAY

India has remained a leading source of immigrants to developed countries since it displaced China during the pandemic, according to a report by the Organization for Economic Co-operation and Development (OECD).

3 min  |

November 13, 2025

Mint Mumbai

Retail inflation hits a record low in Oct

India’s retail inflation plunged to a record low of 0.25% in October from 1.44% the previous month, creating more room for a potential interest rate cut in December.

2 min  |

November 13, 2025

Mint Mumbai

Pre-IPO placements surge as investors succumb to FOMO

Big investors are swooping in on companies right before their initial public offerings (IPOs) open, locking in shares that would be harder to get once subscriptions start.

2 min  |

November 13, 2025
Mint Mumbai

Mint Mumbai

What happens to your CGAS money if you don’t buy a house?

I sold a property in March 2024 and deposited ₹57 lakh of capital gains in a Capital Gain Account Scheme (CGAS) in May 2024. Since I will soon be moving abroad, I do not plan to buy a house using the deposited amount. How much tax will I have to pay now? I have been told that the tax rate is 12.5% instead of 20%. Is that correct? (If so, it would mean I pay a lower tax rate on a sale completed well before the new rule came into effect.)

1 min  |

November 13, 2025
Mint Mumbai

Mint Mumbai

Biocon banks on weight-loss, diabetes drugs to fuel near-term growth

Weight-loss and diabetes drugs such as semaglutide and liraglutide are expected to drive near-term growth in Biocon Ltd’s generics business, chief executive and managing director Siddharth Mittal told Mint on Wednesday.

2 min  |

November 13, 2025
Mint Mumbai

Mint Mumbai

Tata Steel profit surges in Sep qtr, beats estimates

Tata Steel Ltd on Wednesday reported stronger-than-expected net profit for the September quarter—a nearly fourfold year-on-year jump to ₹3,101.75 crore — driven by higher deliveries in India and the Netherlands, and due to cost control measures.

2 min  |

November 13, 2025

Mint Mumbai

Packaging safety study may up compliance norms for Zomato, Swiggy

As rising temperatures become the new normal and changing lifestyles drive a surge in food delivery, the Centre plans to launch a major scientific study to assess whether the plastic containers, pouches and bags used to pack items such as curries, gravies and rice remain safe in extreme Indian weather conditions, two people said.

2 min  |

November 13, 2025
Mint Mumbai

Mint Mumbai

Mega export schemes get nod

The Union cabinet on Wednesday approved two major initiatives worth a combined %45,060 crore to strengthen India’s export ecosystem and ease liquidity pressures for exporters.

1 min  |

November 13, 2025

Mint Mumbai

Sebi panel pitches disclosure overhaul

Goal to strengthen transparency at appointment stage and after

2 min  |

November 13, 2025
Mint Mumbai

Mint Mumbai

Kinara Cap scouts for buyers

The firm, hit by bad loans and a liquidity crunch, is seeking strategic investors including fintechs and NBFCs

2 min  |

November 13, 2025

Mint Mumbai

Paint war is far from over: Asian Paints CEO

India’s paint war is far from over, Asian Paints said, as it looks to improve execution and strengthen its brand at a time rivals are doubling down on expansion to capture market share.

1 min  |

November 13, 2025
Mint Mumbai

Mint Mumbai

Why only one of two big Tata Trusts inducted Neville, Bhat

Srinivasan said SRTT didn’t have the appointment on the agenda, did not attend SDTT meet

2 min  |

November 13, 2025
Mint Mumbai

Mint Mumbai

NCLT reserves order on Vedanta split

The Mumbai bench of the National Company Law Tribunal reserved its order in the matter of the proposed Vedanta demerger, which India's petroleum and natural gas ministry has opposed.

1 min  |

November 13, 2025
Mint Mumbai

Mint Mumbai

The King Kong vs Godzilla battle of world trade: Guess who won?

The trade truce between the US and China demonstrates Beijing’ leverage over key minerals that helped it come up trumps

4 min  |

November 13, 2025
Mint Mumbai

Mint Mumbai

The Fed is increasingly torn over a December rate cut

The path for interest-rate cuts has been clouded by an emerging split within the central bank with little precedent during Federal Reserve Chair Jerome Powell's nearly eight-year tenure.

5 min  |

November 13, 2025

Mint Mumbai

HAL posts 11% rise in quarterly profit

Hindustan Aeronautics Ltd (HAL) reported higher second-quarter profit on Wednesday, supported by strong order execution, though weaker operating margins dragged its shares down 3% after results.

1 min  |

November 13, 2025

Mint Mumbai

How an Abu Dhabi unit became vital for Reliance

An Abu Dhabi-based subsidiary of Reliance Industries, Reliance International Ltd, has emerged as one of the conglomerate's vital units in the face of shifting global oil trade and now accounts for nearly a fifth of the parent's consolidated revenue.

3 min  |

November 13, 2025

Mint Mumbai

Rupee declines 12 paise to close at 88.62 against dollar

The rupee depreciated 12 paise to close at 88.62 against the US dollar on Wednesday, weighed down by the strength of the American currency in the overseas market and elevated crude oil prices.

1 min  |

November 13, 2025

Mint Mumbai

'CCI raids six paper mills in antitrust investigation'

The Competition Commission of India (CCI) has conducted nationwide raids at six paper mills in an investigation of alleged price collusion in supplying paper to a government school education body, two people with direct knowledge said on Wednesday.

1 min  |

November 13, 2025
Mint Mumbai

Mint Mumbai

Monitor air pollution, set up clinics: Centre tells states

Union government directs states, UTs to establish a robust public health response

1 min  |

November 13, 2025

Mint Mumbai

Hirings at mid-tier tech firms to outpace Big Five this fiscal

Stock jumps 31% on listing day, market capitalization eclipses older peers

2 min  |

November 13, 2025

Mint Mumbai

Mamaearth parent eyes new focus areas post profit surge

Honasa Consumer Ltd, the parent of Mamaearth, The Derma Co and Aqualogica is planning to deepen its focus on new categories such as oral care and premium skincare after reporting a profit after tax of ₹39 crore in the September quarter, compared with a loss of ₹18.5 crore a year earlier, its founder and chief executive officer Varun Alagh said on Wednesday.

1 min  |

November 13, 2025

Mint Mumbai

Tata's CV business lists, 27 years after Ratan Tata’s wish

More than a quarter of a century after the late Ratan Tata first hinted at Tata Motors splitting its operations into two companies, one making cars and the other trucks and buses, the automaker has finally consummated the demerger.

2 min  |

November 13, 2025