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DECIPHERING 2023 WITH 15 COMPELLING READS

Mint Mumbai

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December 29, 2023

Mint's Long Story is where we embrace the challenge of delving deep into a story and telling it well every day of the week. This space allowed us, over the course of a year, to report on and explore a wide range of stories that captured the zeitgeist. From the short-seller attack on the Adani group to the chaos at healthcare company Pristyn Care, from the human cost of futures and options trade to the underbelly of Bank of Baroda's app usage fiasco, we unearthed corporate stories that stirred the nation. Here are 15 stories that highlight the breadth and depth of our reporting, from among the 238 long stories we published in 2023.

- Nikhil Kanekal & Shashwat Mohanty

DECIPHERING 2023 WITH 15 COMPELLING READS

THE MAN BEHIND THE $50 BILLION SELL-OFF

We began 2023 with a short-seller attack on the Adani group. The conglomerate, whose owner Gautam Adani was Asia’s richest man till that point, eventually saw about $107 billion of its market value being eroded. The report, titled “How The World’s 3rd Richest Man is Pulling The Largest Con in Corporate History" was published by Hindenburg Research, a New York-based firm. It made allegations of corporate fraud, stock manipulation and insider trading. Given the impact it made on one of India’s largest conglomerates, we decided to peel the layers of the onion of who exactly is behind Hindenburg Research. Here’s the story of Nathan Anderson, the founder of Hindenburg, by Varun Sood.

AN IIT DEGREE GUARANTEES A GREAT PAY CHEQUE. WRONG

For decades the idea of graduating from one of India’s prestigious government-run professional institutes, the Indian Institutes of Technology (IITs) meant that one could look forward to a successful career, deeply correlated to earning well. However, Devina Sengupta gave this long-held notion a reality check. Her piece explores the two tiers that plague the IIT brand name, the difficult choices of taking student loans to attend coaching classes and IIT itself, and what the majority of fresh graduates earn across various industries. The reality is many graduates, especially for the perceived lower tier, do not get a job on campus.

WHY PRAMILA DEVI USES HER SLIPPERS SPARINGLY

MEER VERHALEN VAN Mint Mumbai

Mint Mumbai

These firms will sell shovels during semaglutide gold rush

Weight-loss drug semaglutide, also used to treat type-2 diabetes, will face its next big turning point in early 2026, when patents held by Novo Nordisk expire in India.

time to read

1 mins

November 27, 2025

Mint Mumbai

Mint Mumbai

'First-gen founders take bigger investment risks'

India’s markets are minting a new class of first-generation millionaires: entrepreneurs who’ve scaled ideas into Initial public offerings (IPOs) and unlocked unprecedented personal wealth.

time to read

2 mins

November 27, 2025

Mint Mumbai

Mint Mumbai

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

2 mins

November 27, 2025

Mint Mumbai

Mint Mumbai

Candidates using AI? No, thanks, say IIT recruiters

As the annual placement season dawns at the Indian Institutes of Technology (IITs), colleges and recruiters are working to bar artificial intelligence (AI) tools and prevent cheating at test venues, a concern that first rose last year.

time to read

3 mins

November 27, 2025

Mint Mumbai

Mint Mumbai

Taxpayer base soars, but return filings lag sharply: CBDT data

India’s income tax base is growing faster than the number of those conscientiously filing returns, driven by the expanding reach of the tax deducted at source (TDS) system, according to latest data from the central board of direct taxes (CBDT).

time to read

3 mins

November 27, 2025

Mint Mumbai

Mint Mumbai

Market nears peak on dollar tailwind

Stocks jump 1.2%, but futures rollovers signal weak conviction

time to read

3 mins

November 27, 2025

Mint Mumbai

Mint Mumbai

SP Eyes Tata exit to cut debt costs

Debt-laden Shapoorji Pallonji Group is banking on Tata Trusts softening the stance on its potential exit from Tata Sons to reduce its borrowing costs, two people aware of the matter said.

time to read

2 mins

November 27, 2025

Mint Mumbai

Mint Mumbai

MO Alternates launches its maiden private credit fund

The %3,000 crore fund has drawn capital from family offices, ultra-HNIs and institutions

time to read

3 mins

November 27, 2025

Mint Mumbai

Mint Mumbai

HP to cut jobs after profit outlook miss

HP Inc.gave a profit outlook for current year that fell short of estimates and the company said it will cut 4,000 to 6,000 employees through fiscal 2028 by using more AI tools

time to read

1 mins

November 27, 2025

Mint Mumbai

Apple set to regain top smartphone maker spot after 14 yrs

Apple Inc.will retake its crown as the world’s largest smartphone maker for the first time in more than a decade, lifted by the successful debut of a new iPhone series and a rush of consumers upgrading devices, according to Counterpoint Research.

time to read

1 min

November 27, 2025

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