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Tega Industries to acquire Molycop

Mint Kolkata

|

September 12, 2025

Tega Industries Ltd has agreed to buy control of Omaha-based mining equipment maker Molycop at an enterprise valuation of $1.5 billion, making it the biggest US deal by an Indian company in three years.

The Kolkata-based manufacturer of mining and mineral processing gears will acquire the American Industrial Partners-affiliate in consortium with funds managed by Apollo Global Management Inc., it said in a statement to exchanges on Wednesday. Tega Industries will

MEER VERHALEN VAN Mint Kolkata

Mint Kolkata

Mint Kolkata

Battery storage to jump 6x by 2047

(MNRE).

time to read

2 mins

November 27, 2025

Mint Kolkata

India’s labour reforms promote inclusion as well as productivity

The codes are designed to work in the interests of our workforce while supporting economic growth

time to read

3 mins

November 27, 2025

Mint Kolkata

ICIL sells Bharti Airtel's stake

Telecom czar Sunil Bharti Mittal’s family office-owned ICIL on Wednesday raised ₹7,195 crore by selling a 0.

time to read

1 min

November 27, 2025

Mint Kolkata

McKinsey trims about 200 tech jobs

The consulting firm joins rivals in using artificial intelligence to automate some positions.

time to read

1 min

November 27, 2025

Mint Kolkata

Mint Kolkata

Uber India valuation surges amid battle with Ola, Rapido

November funding values shares 41% higher than the previous round in May 2023

time to read

2 mins

November 27, 2025

Mint Kolkata

EV, hydro boom to power 6x rise in battery storage by ‘47

India is preparing to meet a projected cumulative battery energy storage capacity of nearly 3 terawatt-hours (TWh) by 2047 across electric mobility, power, and electronic components, according to two people aware of the development, with electric vehicles (EVs) expected to contribute a third of the demand.

time to read

1 min

November 27, 2025

Mint Kolkata

Climate crisis: Innovation works, compression doesn't

After weeks of hot air, the UN’s CoP summit limped to an end in Brazil's Amazonian hub of Belém over the weekend, with a ‘deal’ that delivers nothing measurable for the climate, while wasting political capital and much effort on pledges.

time to read

3 mins

November 27, 2025

Mint Kolkata

Mint Kolkata

PepsiCo taps gourmet taste buds with Red Rock Deli’s India debut

Snack and cola maker PepsiCo is finally giving gourmet a chance with the launch of Red Rock Deli chips, priced ₹60 and ₹125 a pack, in a shift from its years-long focus on mass-market Lay's that starts as low as ₹5.

time to read

2 mins

November 27, 2025

Mint Kolkata

Mint Kolkata

Cabinet approves ₹7,280 cr rare earth magnets scheme

The scheme has been drawn up along the lines of India’s semiconductor mission

time to read

2 mins

November 27, 2025

Mint Kolkata

Mint Kolkata

PORTFOLIO MANAGEMENT AND ASSET ALLOCATION LESSONS FROM THE MAHABHARAT

Thenote can move freely across need and time.

time to read

2 mins

November 27, 2025

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