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Swiggy plans to raise $1.1 bn in share sale next week

Mint Ahmedabad

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December 03, 2025

Food deliverer Swiggy Ltd is preparing to raise as much as ₹10,000 crore ($1.1 billion) from institutional investors as early as next week, according to people familiar with the matter.

- Bloomberg

The company has shortlisted three banks to manage the share sale—the Indian units of Citigroup Inc. and JPMorgan Chase & Co., as well as Kotak Mahindra Capital Co.—the people said, asking not to be identified because the information is private.

MEER VERHALEN VAN Mint Ahmedabad

Mint Ahmedabad

SBI MF looks to pick bankers for IPO

SBI Mutual Fund, India’s biggest fund house, has initiated the process for the appointment of merchant bankers and other service providers to facilitate an initial public offering (IPO).

time to read

1 min

December 11, 2025

Mint Ahmedabad

Probe finds major lapses in AI's A320 permit breach

An Air India investigation into why one of its Airbus planes conducted eight commercial flights without an airworthiness permit found “systemic failures”, with the airline admitting it needed to do better on compliance, a company document showed.

time to read

1 min

December 11, 2025

Mint Ahmedabad

AT HOME AND AT SCHOOL, AI IS TRANSFORMING CHILDHOOD

It brings many benefits, but also hidden dangers

time to read

7 mins

December 11, 2025

Mint Ahmedabad

Mint Ahmedabad

Nadella steps up AI pitch as Big Tech's India race heats up

Microsoft also committed $17.5 bn for India AI infrastructure; skill 20 mn people in four years

time to read

3 mins

December 11, 2025

Mint Ahmedabad

Beyond tariffs: The dos and don'ts of an India-US deal

A US trade delegation reached India this week with the aim of concluding a long-anticipated trade agreement.

time to read

3 mins

December 11, 2025

Mint Ahmedabad

Mint Ahmedabad

Massive debt-fueled deals are back on Wall Street

Paramount's $77.9 billion bid for Warner—backed by $54 billion in debt—is making some bond investors queasy

time to read

3 mins

December 11, 2025

Mint Ahmedabad

India explores blends beyond E20 as ethanol overcapacity mounts

mandate on using E20 petrol in all vehicle segments effected in April 2025-created a consumer outcry, as this blend allegedly resulted in declining vehicle efficiency and mileage drops.

time to read

2 mins

December 11, 2025

Mint Ahmedabad

Mint Ahmedabad

Mark Zuckerberg is not ready to give up on the metaverse yet

Meta's R&D cuts are not an admission of his pet project's failure

time to read

3 mins

December 11, 2025

Mint Ahmedabad

IndiGo: Legal remedies exist to address any abuse of dominance

The airline's market grip must be undone if Indian skies are to be kept open and fair to everyone

time to read

3 mins

December 11, 2025

Mint Ahmedabad

Adani rights issue oversubscribed

Adani Enterprises on Wednesday said its ₹25,000 crore ($2.8 billion) rights issue was oversubscribed, marking the group's biggest capital raise since a short-seller's allegations roiled the ports-to-power conglomerate in 202:

time to read

1 min

December 11, 2025

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